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/s/ John H . Sutherland ~,;t,;,
JOli\ ii . SCI':':I::RI.A\::
/s/ Jonnie Dahlstrom
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u~J~~~a: 1~:~~'1.., .tv:1~
; . _ - - - a.,: - - /s,~ Lauta B. Hanc~ck _ . _ .
" l.r:~. A ~ . H<'1~C;CCn
and shall duly~ promptly and fully perform, discharge, execute, effect, complete, comply wtth and ebide by eae3~
and e~•erp the stipulations, sgreements, conditions and covenanLs of said promis~ory note and ot thia moMgage,
then this mortgage and the estate hereby created shall cease and be null and void.
It is underatood that exch of the a•ords. "note," "mortgagor" snd "mortgagee" respectlvely snd the pmn-
ouns reterring thereto, whether in lhe singvlar or plural anywhere in thta mortgage, ahatl be aingttlar it one only
snd ~hall be plural jointly and severally, if more than one, and shall be ma9culine, feminine 8nd/or neutei. wheeL
ever the context so implies or admits.
And said Mortgagor tor himseit and his heirs, legal representatives, successors and asalgns. hereby coven-
ants ana agrees to and with aaid biortgagee. his tegat representatives, succeasors and assigrw:
1. To pay sU and aingular the principal and intereat and the various and sundry suma ot money payable b
vlrtue of said promissory note, and thia mortgage, each and every. promptly on the daya respestively the same
aeverally become due.
2. To pay all and aingular the taxes, assessments, levies, liabilities, abliRations and incumbrances of every '
nature and kind now on said described property, and/or that hereatter may be Imposed, auftered, placed, levied
or assessed thereupon, andior that hereatter may be levied or assessed upon this mortgage and;or the indebted-
ness secured hereby, each and every, when due and payabie according to law~ before they become delinqyent,
and before any interest attaches or any penalty iy incurred; and in so far a~ any thereof is ot record the same
shall be pcumptly satisfied and discha sed of record and the onginal otf~ciai document (auch as, tor instsnce.
the tax receipt or ihe satis[action paper officiaUy en~iorsc~d or certified) shafl be placed in the hand~ of said
Mortgagee within ten days next after payment; and in ihe event t1~at any thereof is not so paid, satisiied and
dischsrged, aaid Mortgagee may at any time pay the same or any part thereo! e~ithout wait~ng or aifeciing
any optiOn, lien, equity or right under or b}• ~•irtuP of this mortgage, and the full amount ot each and every
such payment sl:al! bc i:r.:::~3€a±Ply ~1~ae snd ~~ayah,e ind ~hall bear interest from the date thereof until paid
! at the rate o! ten per cenWtn per aruium and together K~lh such interest shall be secured by the lien of thia
G mortgage.
i 3. 1o place and continuously ke~p on the bu,ldin~s now er hereafter attuate on said land fire and windstorm
' fnsurance in the t~cual standard insurable value ~n guch cora-
i policy form. in a sum not less than a.
~ pany or comp^nies as may be appro~~ed by aai~l :4Torl~a~~e: an~1 all such insurnnce policies on any of eaid build-
~ ings, any intere~t therein or part thereof, in the aR~regate sum aforesaid or in excess thereot, shall contain the
~ usual standard mortgagee ciause mak?nR the lu.s ur.d~r sa~d policies, each and e~ery, payable to said 1ltortga-
gee as his interes[ may appear, and each ar.d erery su~•h policy shall be promptly delivered to and held by aaid
l~tortgagee: and, not less ihar~ ten days in adranre of the expiration of each policy, to deliver to sxid I?~ortgagee
: a rene~va) there~f, tol;ether v~ith a receipt fnr thP prPmium ~f a~~~h r~newnl: and there shall be no such insur-
! ance placed on any of ~aid buiidinRs, any interest therein or part thereo[, unless in Lhe form and with the loss
' payable as a[orecaid; and in the e~•ent any sum of money becomes payable under such policy or policies said
Mort~aRee shall ha~•e the option to recei~'e and apply the same on account ot"the indebtedness secured hereby or
to permit saic! Mortgagot to re~ei~~P nnd ~ice it or any ps?rt thereof for other purposes without thereby waiving
or impairing any equity, lien er riRht under or by virtue of this mortgage; and in the event said Mortgagor shall
for any reaso;~ fait to keep the said premis~s so insutrd, or fail to deliver promptly any of said policies oi
fnsurance to said \iortgaRee. or fail prompUy to p~y fully any premium therefor, or in any respect fall to per-
form, dischar~e, exerute, effect, complpie, comply u-ith and abide by thi~ covenani. or any part hereof, said Mortg-
sgee may pla~e and pay for such insvrance or any part thereof without vvai~ing or a[fecting any option. TPn. -
equity or right under or by virtue of this mort~age, anJ the full amount of each and every auch payment shall
be immediately due and payable and shati bear in!Prest from the date thereof untl! paid ~ at the rate o! ten per
centum per annum and together with such interest ~hall be aecured by the lien of thia mortgage.
4. To permlt, commit or aufter no v~aate. ~mpairment or deterioratlon of said property or any part thereof.
To pay ali and aingular the coata, chargea end expenses, including reaaonable lawyer's fee~ $nd cavt of
abetracte o[ tiUe, incurred or paid at any time by satd Mortgagee because and/or ln the event of the fefiure
on the part of the safd Mortgagor to duly, promptly and fWly pertorm, dlscharge, ~ecute, etfect, complete,
complq with and abide by each and every the stlpulatione, agreements, condiUon~ and covenants of ~aid promL~-
wry note. and thla mortgage. any or either, and safd costa, charge9 and e~cpensea, each and every, s?~all be !m-
- medistely due and payable, whether or not there be notice, demand, attempt to col1ect or ault pending: and the
; iWl amount ot each and every such payment ahnll bear interest trom the date thereof unttl paid st the rste of
ten per centum per annum• and atl sald corta, charges and expense~ so fncwred or paid„ together with auch fa-
tereat, ~ha11 bs secured by We Uea of Ws mortgage.
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