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1. To pay aU and iinQuJar tl~e princiPat arid intareat arid other auma of nsone~l PaYabls by
virtue oj said promiasory note.._ and thii dssd, or eitlaar. promptty on tl~s dayi rea~Peetivsiy tlle
aome aeveraUy beeo»te dxe.
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i s. To pay all and air~gular the tazea, aaaeaamenta. leviaa. Iiab~Titiea, obii~atio~a, a~d ~neum-
~i brancea of every nature ori aaid deacribed property. eac11 and every. and if ths aa»?e be ~sot prompt~
lY P~d the said Mortyaps~-, their ~y~ r~ese:ttatives or aari~taa, may at anY
~ timc pay ths sama without waivit~ or a~jectix~ tha option to fore~Ioss or any riyht laa~'eterider.
and ever~l Paym4rEt ao made ihali bear i»teres~ Jrom tlae date tlaereof at the rnta oJ 10
' cent. per anntetn.
,3~-~-0 puY al1 and ainguiar ths costa, charyea and expenaes, includinp lawye+''a fsea, reaao~-
' ably incurred or paid at any time by aaid Mortgagee._, the ir l~ira, lagai repr~sentativu
or assigns. because of ths fasTtcr'e on t11e part of the aaid Mortgagor S, thsir l~aera, legal
represenfativea or aaaiqna to perforn~. comPtf? with a»d abide btl each and everv tlu atipuiationa,
agreementa, eonditiona and eovenanta oJ said promiaaory note- and this deed, or either. and
every sueh payment shall bear intereat f
rom date at tha rate of 10 p~. ~u.m,,
' To keep tlea bu~dinga now or hereaJter on aaid ~and insured in a aum ~?wt lesa than
noUars, in a company or comPaniea
to be approved by said Mortgagee-, and the poiicy or poiicies held by and payabie to said Mort-
9agee~., keira, legal representativea or asaigna, and in the ev~t ~
any aum of monet/ beeomes payataie under aucA poiicy or policiea, the Mortgaye~._,
~ the ir heira, legal repreaentativ~s or aasigna, ahali have the aption to reeeive and
~ appiy the same on account of the indebtedn~aa hereby secured or to permit the Mortgagors to
receive and use it or any part thereof for other purposes, 'without th.e~'ebil 'u~ai'nin9 °r' ~P~~~~
' ang equity. lien or right under or by virtue -of this mortgage, and may plaee and patl for auch
insurance or any part thereof without waiving or affecting the aption to for'ec~oae or any right
hereundar, and each and every secck payme»t ihali bear infereat from date at the rate of
I p~r cen~. per annum.
~ 5. To permit, commit or suf
f cr no waate, impairment or deterioration of sai.i praperty. ~?r any
~ part thtt'eof.
6. To perform, cor~~piy ~?cith, and abide by each and everl/ the sti~rulations, a9i•eementa, con-
ditions rsnci eovenants in saul pramissory ~tote-, and in this deed set forth.
If any of sa.id sums of moreel/ herein referred to be not promptly and fuUy paid within
3~ days next after tlu same severally become due and payable, or if each and every the
stipulations, agreementa, conditiona and covereanta of said promissorl/ note_ and thia deed, or
either, are n,ot fully performed. complied tvith and abided by, the said aggrega#e sum mentioned ~
in said promissory note_ shaA becoma due and ~ayabie f
orthwith or thereaf
ter at the option of
the Mortgagee-, the ir t~rs, legai representatives or assigna, aa fully and compietely
aa if the said aggregate sum of FOiJ~ T~iOUSAI3D (~4, 000 . QO ) doUars were
origi~ur~ly stiTrulated to be paid on sueh dag, anllthing in said promissary/ note- or herein to tl+.e
contrar~/ ~totwithttandi~?ig.
~
~ IN WITNESS WHEREOF. the 8aid Mortga9o~'S-, ~'eunto set their
hands nnd seai~he da.y and year firat above writ _
Signed, aealed and delivered ' presenee of us:1 ~5~~
St phen A. Watts
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