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1. To psy all snd dn~ulu the principal and interest snd other aunu oi nwney payAble by virtue of said promissory note
and such further sum or sums of monay. it anY~ as tl~e eaid pa rty ot tbe ~ooond D~?tt tnaY advanae t° the part-- oi the
firsL put PromPLly oA the d~ys respectively the same aeverally beeom~s dua ~
8. To psy sll and ain~ulu the ta~cea. as~asments. levies. liabAities~ oWigstloas ond eneumbrances oi ever~ nRture on
ssid deacribed prnperties, and it the asme ba not pronaptly Paid the aaid psrty ot the second part, its snoceasor~ u~d assigns
msy at uny time WY ~~e ~~n~ p~~ or i?Kectina t he option to ioreclose or any right hereunder. snd every Psy-
ment ao msde ehsll bear interest irom the date 1~ereo! at the r ate oi ' 9$ percent, per annum.
3. To psy all ~ singulsr the costs. charges and eacpen aes, including sttorney's feea~ reaaonably incurred or paid at any
time by asid party ot the aeoond part, its snocessors. legal represeAtativea or aesigns, becsuse oi the failure on the part o! the ss?id
pa~ 1e~f ~ i;~ their euocessors. legal representativea or aaaigns, to perform, camply with and abide by each
and every atipnl~tic+n. agreement, oondition and covenan! of asid proaniswrY note and tl?ia deed. or either, and every such psy
ment shall bear intered irom date d ihe rate o~$ Peroet?t, Per snnum.
4. To permit, oommit, or satier no wsate. i~npsirment or deteriontion o! said property or any put thareo?.
b. To periorm, oomply wjth and sbide by each snd eve ry~he atipnlstions, sgreem~nta, eonditions and oovensnta in
said promieaory uote snd in thia deed aet fozth. .
6. Ii snq oi asid snms oi money herein referred to be not promptly and inlly paid ~vithin 3 ~ daye next aiter the
same severallq become due and paysble, or if each and every the atipnlationa, agrcements. conditions snd oovenanta of asid
promisaury note snd tl?is deed, or either. are not dnly perlormed. complied with and abided bq, the said aggr~g~te anm men-
tioned in said pmmisaosY not~c. ahau become due and payable iorthwith, at the option of the puty o! the aeoond part, ita
suceesaore. legsl repreaentstivea or essiSna, as fnlly and completely as ii the eaid a88rega?te aum 18Z8
or the advauces heretofore referred to was or}ginaUy atipulsted to be paid on sach ds~Y, ~Y~nB in aaid promiseory note or
notea later to be ezecnted and secnred hereby, or herein, to the eontrary not~vithatsndin8.
Ten ~housand Dollars
7. To keep tLe baildinQs now or bereaiter on said lands insured in the sam not leea than
dollars in s company or compauties to be appmved by the said party oi tl~e aecond part, ita auceeasors, 1ega1 representativea or
assigns. snd in tl~e event any snm of money beoomes paysble ander snch Pulicy or policies. the said party of the seeond part.
ita suaxasors or sssigns, shsU hsve tlie option to receive and applq the eame on atoonnt oi the indebtednesa herebi? aecnred
or to permit the partiea oi the tirat part to receive and use ik or any part thereof, for other purpo~ea, wlthont therebq wsiv-
ing or impairing any equitq lien or right nnder or by virtue oi this mortgage snd may plaoe and pay tor snch inaurance or
any part thereof withont waiving or sffecting the option to torecloee or sny right hereunder aad each and every auch paqmeat
shall besr interest at the rate oi perceat per annum irom date.
8. In the event it beoomes necesssrs? to foreclose this mortgage. parties of the first patt sSree to tbe appointment of a
,I
receiver, to conserve the renta and profits securing from or derieed •fmm the above described pmpertY•
~
1N ~y17'NESg q/HFJtEOF, the aaid Mortgagor have hereunto set their hand_ and sea~ the
day and qear iirst above written.
gigned, sealed and deliveied in the presence of: (SEAL)
pc.9--~..e_ , ~ - f ' . ;
? ( 3EAL)
_JG~%Ti6l.E' TU~~ - .
e ;~27 ~~'176
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