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Home My WebLink About1377 1. To p~y all and dn~ul~r the psincipsl and inteteat and other sums oi money payable by virtue ot said promiswry note ar.d such further sum or su~u at money~ It any, a~ the uid party ot the oecond put rauy advanee to the par'L@S_.. oi the first part promptly on the d~ys reapeetively ths ~me sev~srally become dua 8. To psy all and ~in~ulu the t~xes, assessments. levies~ liabilities. oWigstions and encumbrsnces oi every nature on ssid deacribed propertiea„ and ii the same be not promptiy paid the said party oi the ~econd put, iL suoceswn and usi~ns _ may at aay time psy the suae without wRiving or atiecting t he optlon to foreclose or any 'ri=ht hereunder~ snd every pay- ment ao made ahall bear intereat irom t1~e date hereoi at the r~te oi percent~ per annum. 3. To psy all and aingulu the coab, charge~ a~d ezpensea, including attorney'a fees~ ressonably incurred or paid at any time by aaid psrty ot the second part, ita succeaeors, legal rspresentaNve~ or assigns, becauee ot the failure on the part of the as~id park~~oi the tirat part, ~Q.3,L_ succesaors~ legal repnaentatlves or assigns~ to pertorm. comply with and abide by each and every atipnlation, agreemenk conditjon and covenant of said promissory note and thia deed~ or either, and everq such pay- ment shaU besr interest iroaa date at the rate of percent, per annum. 4. To permit, rnmmit, or snifer no waste, imp~irment or deteriontion of said pmperty or apy part thereoi. 6. To perform. comply aith and abide by each snd eve ry the etipnlstions, agreemants, conditions and eovenants in said promisaory note and in thia deed set iorth. 6. If any of said snms of'money herein referred to be not promptly and fuUy paid within days next after the same severally become due and payable, or if each and every the atipulattons, agreementa. conditions and oovenants of said promisaorq note and this deed. or either, sre not dnly performed, oomplied with and abided by, the said aggregate sum men- tioned in said pmmiseory note, shall beoome due and payable iorthwith, at the option of the party f thg s~o qd psrt, its succeaaore. legal repreaentativea or assigas. as fullq and completelq as if the said aggregate anm oi O~ U 0 U. O ~ ~ or the advances heretoiose referred to was originally stipulated to be paid on soch day~ snything in said promisaory note or notes later to be ezecnted and aecuted hereby, or herein. to the contrary notwjthstanding. 7. To keep the bnildings now or hereafter on ssid land s inaured in the smm ~ot leas than $ 3 0,. 0 00 , 0 0 dollara in a companp or companies to be approved by the said party oi the second part, its snccessors, legal representativea or assigns, and in the event any sum of money beoomes paysble nnder such policy or policies, the said party of the second part. its su~cessors or assigns~ shall have the option to receive and apply the same on aceount of the indebtedness hereby secured or to permit the parties of the first part to receive and use it, or any part thereof, for other purpoaes, withont thereby waiv- ing or unpairing anq equity lien or right nnder or by virtue of this mortgage and may place and paq for auch insurance or any part thereof ~vithout waiving or aifecting the option to foreclose or any right hereunder and each and every such psymenL shall bear interest at the rate oi peroent per annum imm date. 8. In the event it becomes necessary to foreclose this mortgage, parties of the first part agree to the appointment af a receiver, to conserve the renis and profits securing from or derived from the above described property. i i ~ ~ ~ i - ~ ~ ~ ~ ~ f "t ~ ~ - . ' ~ IN WiTNESB WHEREOF, the said Mortgagor havr~ hereunto set thp ~ r' hand~ and sea$ the ; ~ day and year first above written. t ~ Signed, sealed an .delivered in the presence of: . ~ (SEAL) ~ ~ ~ ~ SEAL) ~ / ~ ~ go~~ 243 PAGf 1~377 A.. . . - _ - ~ s~:~~