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1. To pay ;11 and singular the principal aad interest and otbee ~ums of mone~ pa~able b~
~irtae o[ said promiewry note and t6ia deed, or eithes, Prompdr oa the da~~ respecti~ely tLe
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eame ~everaU~ become dne. i
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2. To pay all md singplu the tua. a~raenta. 1e~?ie~. liabilitia, obligation~, and incum• '
brance~ of every aature on ~aid de~csibed propesty, e~ch and erer~, ana if t6e same be not prompdr
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paid tLe said Mortsaaee, ita a~ooeao~n, ie8d rePre~entati~a or ~aaiaw, +~j ~3 u~ua ~~j -
same withont waivin; or affectias the option to [orecloss or anr riaht herennder, md ever~ pa~-
ment w msde ~haD beu interest fmm the date thereof at the nte of_M* oenL per annam.
3. To pay all and aingnlar the coats, c6arges and e:pea~e~. including la~rer'~ fee+, reawnabl~
iacnrnd or p~id at an~ time b~ said Mort6sgee. its ~nccxasor~. legal representati~es or aeai~o~,
becauae of the [ailnre oa tbe part of the said Mort6agor~.. their heir, le6al repreeentati~a
or aasigns to perform, compl~ ~rith and abide by eRCh ana e~er~ tLe stipul~tion~, agreementa, caa~-
dition~ and covenaata of said promiwor~ nota_ md thia deed, os eithar, and every ench peyment shall
beu intere~t from date ~t the rate of pe= p~
4. To keep t~e I~uil~iings norr or heresiter on sAi~ iand ir~s~3 in a e~i i~~i a~ tl~=~ ' -
full insurable value in nollars, ia a company or companies to ba ap-
proved by said Mortaaaee, and the policy or polieies held bq an1 psyable to eaid Mort6agee, ita
en~ceeeora, legal repreeentatives or aesi~w, and in the event an~ ~nm of monay becames payable
nader euch policy or policies, tha Mortgagee, ib sncceseors, legal npreeentati~er or aesian~ aha11
have tLe option to receive and apply t~e ~ame oa account of the indebtadner }?ereb~ ~ecnred o=
to permit the Mortgagor to receive aad nee it or any patt tLereof for other purposey ~rithant
hereby waiving or impairing an7 eqaity7. lien or right nnder or by virtae of tlw mortgese, and
may place and pay for ancb insnranca or any part thereof Mrithout waiving or affectina the optioa
I to forecloee or aay rigLt hereunder, and each and every snch pa~ment shaU besr interest from date
at t6e rate of par cwt. per annnm.
5. To permit, commit or snffer no waate, impairment or deterioratioa of said prnperty or
~ any part thereof.
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I 6. To perform, comply with, and xbide by each and e~ery the stip~lationa, agreements, con-
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ditiona and coveaanta in eaid promiaeory note_, and in this deed aet [orth.
7. If any of said nnma of money hereia re[erred to be not prompdy and fnlly paid withia ~
30 days nezt after the eame eeverally become dne and paJable, or if eac6 and every the i
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atipulations, agrcementa, conditions and covenants of said pmmiseory not~ and t6is deed, or either, '
~ are not fully performed, complied r~it6 and abided by, the said aggregate snm mmtioned in said
prnmiasory note~ ehall become dne and payable forthwith or tLereafter at tLe optioa of the lliort-
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gagee, ite aneceaeore, legal representativea or aasigns, as fnlly aad completely aa if the said aggreaate 1
I dollars were originally
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~tipulated to be paid on anch day, anything ia said promieeory note_ or hereia to the contrary ,
i notwithetanding.
~ IN WITNESS WHEREOF, the eaid Mort6agors have 1,erennto re*_ t??P; r
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~ hand~and eealS _the da~ and year first above ~+ritten.
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Si e$and de 'vered in tha preaeace of :
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1~!_' J _ ~~Q~1 ~~K-e ~ 2st-~,L~ (Seal)
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P FAGE1647
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