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L~ s...5~y20.Q~OD JENSEN HEACtI, ~«+~a. Septmber ~4, ? 3
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M~ a?a~ d~si~~ab in ~dlisv. to~+twr wit1~ tntsn+t tre¦~ dat~ af iM nt~ ~f 10 Nr o~sts~l M~ aaaw~ M tlw ~1~
ba~aoo. daw aswri~. Tb~ saW ptiadpal u~d 1d~r~q slwll b~ dw u~a ~.r.w. aa !ol lo~r1~ t
S110.49 per month for aixty (60) montha at 10'~•.
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and shall duly, promptly and tully perform, d~achnrge„execut~, eftrct, compicto, r.omply w~th snd abide Dy ~ach ~
and e~•ery the stipulations, agrecments, cond~tions and covenants uf s:ud pru:mssury note t~nd ot th?s mortgw~e, •
then this mortgage and the estate hereby created shall cease and be null ana ~•oai. ~
It is understood that each of the worJ~. "note," "moTtRagor" end "niort~ntire" respccti~•cly and the pron-
ouns referring thereto, whether in the sinqular or plural anywnere in thla mortgage, ahall bo s?ngutsr it one only ,
and ~halI be plurat jointlp and severally, if more tht~n one, snd sh:?!i t~e mn.vculine, femuiine andior neuter. whac- ~
ever the context so implies or admits.
And said Mortgagor for himaeif and his heira, legal representatives, succevwra and ussl~, hereby covea-
ants ana agreea to and with asid Atortgagee~ his legnl representntives, succ~~asor~ nnd an~lgns:
1. To pay all and singular the principa! and internat at?d the various and aundry suma o[ money payable Dr
virtue of said promissory note, and this mortgage. each and every, prompUy un the daye ce~pecUvely ths asm~
aeverally become due. • +
2. To pay all and ~ingular the taxea, ~s~essments, levlea, liabflitiea, obli~ntlona and Incumbrances oi er•ery ~ %
natttCe and kind now on said descnbed property, and/or that hercafter may be impoaed, euficced, placed, le~Hed ~
ot assessed thereupon, andlor that hereatter may b~ levied or ~~sos9ed upon iAis mortgatie sndior the indebted- '
ness secuted hereby, each and every, when due and payabie accoMin~ to law, before fhey become delinquent, ~
nnd before any interest attaches or any penatty iY iucurr~~d; nnd in so inr as xny lhereot ia ot record the aams ~
shall be promptly satisfied and discha ved of record nnd the ori~,~inal of(icial document (auch a~, for t~~atance, ~
:he tax receipt or Lhe satisfaction paper officially en~for.ycd or cerlihed) ahwli be placcd In the hpads ot aald
Mortgagee within ten days next atter payment; and in the event th~t s?ny thereof ia not ao pald, ~stist~ed sn4 •
d3schacged, said ]lfortgagee may at any Ume pay the samr or an,v pnrt thereot w•ithout wai~~ing or nf[ecting
any optiDn, lien, equity or right under or by rirtuc of this mortga~c, and the full amount o[ cach and every
such payment shall be immediately due and payabic ~nd shall iiear intcr~st from the dete thereot ?mUl pnld ' ~ ~
at the rate ot ten pet centum per annum xnd t~~~eth~r w?lh such interesl shall bc serured by the lien o[ this
, mortgage.
3. To place and continuously ke~p on the bwldiny;n now on c~rexfter sltuato on anld land [iro snd wlndatorm ~
' insurance in the usual standard policy form, in a su?n n~,t le.c9 thr~n = in auch com- .
j pany or comp^nics as may be approved by a~i~l Afurt};n~~~e; ami n11 yw•h insur.?nco pollcica on any of a+?id bWtd-
ings, any interest therein or part thereof, tn the nFfir.Rate aelm II~OM!~AI(~ or !n excess thereot, ahnll contain the ~ •
usual standard mort~agee clause makin~ the I~~.~s ur.d~r s:i~d {x~lict~~a, earh nnd every, payable to said Mortga- !
gee as his interest may appear, and ench nnd ~~~~ry su~•h pnlicy shstil be promptly deliveruf to and held by aeid ~
I?iortgagee; and, not less than ten davs in ndi•an~e M lhe pxpiration of rach pc~Ucy, to deliver to sal~t Mort~e~e.e
a renewal thereof, toRether with a receipt t~r thP prrmi~~m vn~•h r~newal: anrl,~i~Pr~ ahall bo no auch insur-
ance placed on any of Qaid buil~linRs, any interest thcrc,n or part ti~ercot, unle:U In the torm end with the loss
I payable as atoresaid; nnd in the e~•ent xny num of mun~y become~ payabl~ under auch policy or policiee said .
Mort~agee shall have ihe optinn to recei~•~ and nppiy tt~e aani~ on account ot the lndebledneas arcurnl hereby or
to permit said :VlortRa~or to re~ef~•~ nnd uce it or nny pnrt thereot fnr other purpoaea t~nthout thereby wnivln~ ~
or impaicing any equity, lien nr ri~ht undcr or by ~•Irtue o[ tliiq mortKn~e; nnd fn the event aald MortKa~;or ahell
for any renso~ [nil to kee~ the said prem~a~s 9A !n?umd, or tnll tn dellver prompily any ot anlA ~liciea ot
insurance to sa~d MortgaRee, or fail Promptly to pay tnliy :u~y premium therefor, o~ fn nny reapect fRtl ln per-
form, discharRe, execute, etfect, compiete, comply ~~•~th and abl~te by thle ~ov~nqnl, or any part hereof, safd Mortg-
agee may piace and pay tor such ihqurance or ttnV pnrt thereof withrnst wafv~n~ or nt(ectlnR any option, lipn,
equity or nght under or by virtue uf thi~ mort~a~;c, an~l thc full nqiow.t cef r.uch and every auch paymrnt ehnll
be immediately due and pa~•able nnd shall bear lntPrest from tT?e ~1ate the-oof untll pald nt tt~e rate ot ten per
centum per annum and together with such interest shall be eecured by the lirn ot tti:e mortgaRe. •
4. To permlt, commit or sut[er no wa.9te, Ip?palrmcnt or deterlorntlo~ ot aald property or any pnrt tficreot. ,
6. To p8y all and ainRular the co~is, char~c~ and expennea, Includinq reasonnble lawyer'~ t~es and caa+t o[
abstractn of tiUe, tncurred or paid at any ttme by ruld :?tort~aKee 1r<•ause andlor !n t3ie event of the fsllure
on the part ot the sald MortgaRor to duly, p~nmptly_ nnd hllly peKorm, dlecharKe, execute, etfect, complete.
comply with and ablde by each and ev~ry the stipulatinns, agreements, condiUnns and covennnte o[ nsid promis-
aory note, end thia mortRaga, any or elther, e~,d ~+xtrJ co9ts, charKea and e:penses, each Rnd every, shsil be Im•
mediately due and payable, whether or not there be notice, d~mnnd, attempt to collect or ~ult penAln~; anA ths
full amount ot each and every auch pavment ehnll bear intereAt trom the daie thereof unt~l pnld ~t the rste ot
ten per centum per annum; and all eald corte, charges ~nA eape[u~ so Incurred or palQ together w1t1~ ~uch 1n- '
terest, ~hall be secured by the ifen ot thL morigage. ~
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" 224 $80 . .
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