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Home My WebLink About1965 i ~~al~ duly, prompny and tully pertorm. dLcharga execuce, eltect. complct~. comply w~th and sbide by each and ~ve.r~r the stipul~4tions. agreea?ents. condit~ons and covenauts ot said p[nm~swry note and oi tlds mortgasq. thea tbb mortgsge and the estate hereby crested st?all cease and be null ana void. It b undesstood tbat each oi the words, ••note." "mortgagoY' aad "mort8a8ee•• reepectivdy and We proa- oun~ raferring thereto, whether ln the singular or plural snywhere in thls mortgage, shall be singular if one only and ahW be plural ~ointly and sevenlly. if mon than one, and ahall be maacullne, feminine and/or neuter. whet? ~ver tl~e cont,sxt ao impLes or admtts. Aad said ]Rortgagor !or Aimseif snd hL heira, tegsl representsUves, auccwon and a~signs, hete"~ ~ven- aaL ana a~r~es W aad arith said l~dortgagee. his legaf sepe+r~entsttves. successoa and asaiaas: 1, Tp pay all aad dngular Lhe princl~al and interest aad the various and sundry sums ot money payable br Hrtue oi ~aid pros~ori? note. and thii mortgage, eacA aad every. Pro~aFtly on We days rapsctlvely tha sam~ ~everally beoom~ dw. 2. To pay all and singulu the t~x~s. assessments. levles, 11aDiUtiesr obligations aad lncumbrances oi every n~tturs aad hlnd aow on said described p*'eP~rty. and/or thst hereatter may be Imposed, sutfered. placed. lavied or aswsed th~nupon. snd/or that hereatter may be levied or assesxd upon this mortgage and/or the indebted- aas secured hereby. each and every, when due and paysbk ucording to law. before they beooma de.ljnqum~ ~ and before aay interest attacbes or aAq penalty is incnrnd; and in so far as any thereof b of ncord the ~ame , sha11 bs prwnptly satisfied ~nd dL~charged of record and the original otCcial document (such as. tor insiance, f tbe tax e+soeipt or the aatiafaction paper .otfictally endor~ed or certitiedl shW be Plued tn tLe hands oi said ~ Mortgages wlthtt? ten daYs next after payment; and in the event that any thereot fs not so paid. saiistied and ~ dlscbar6ed. aaid ~[ortaagee may at wy time pay the same or any part thereoi v?~ithout waiviag or aftectins ~ anq opti0n, lien, equity or right under or by v~rtue of thta mortgage. and the fuli amamt oi each and every wch psyment ahall be immediatelq due and payable and shaU bear intereat irom the date tLereof uatil paid ~ at the sste oi ten par centum per annura and togelher with such intereat shall be secured by tbe 8en of this m~ortga~ge. ~ a, To placs and continuously keep on the buildinRS now or hersattet situste on aaid land flre snd wlndstorm fnsurance in the wud standard policy form. 1n a sum not lcss than i.--•-----~ID11m-.._._._.._...._... tn such com- pany or comp^nles aa may be approved by aaid Mortga~ce: and all auch insurance policies on any~ot ss[d build- ings. aqy tnterest therein or part thereot. in the aRgregate aum atore~sid or in exceaa tt~ereo~ shall contain the usual atuidscd mortgagee clause making the lox~ ur.dcr said-policies. each and everq, payable to said lliortgar gee aa his interest msy appear, and each and e~•ery surh policy ahall be promptly deUvered to and held by eaid Hortgagee; and. not less than ten days in advance of the expiration of each policy, to deliver to auld Hortgages s tenewa! thereof, toRether with a receipt for the premium nt ~~rh renewal- and there shall be no such insur- ance placed on any ot ~aid buildinRs, aay intereat therein or part thereot. unles~ in the torn? snd wlth the loss payable aa atoresatd; and in the e~ent sr~y sum of money becomes payable under such poHcy or policies aaid Mortqagee shall ha~e the option to receive ar?d appty the same on account of the indeDtedness secured hereby or to permlt said Mortgagor to receive and uee ft or any pnM thereot for other purposes withont thereby waiving or impalring any equity. Ilen or r1Rht under or by virtue ot thi~ mortgage: and_in the event satd Mortgagor shall for any reasoa tail to keep the aaid prerr+iees ao iniurnd, or fafl to delfver promptly any oT sald policies ot in~urar~ce to aa?d Mortgagee, or fail ~mmpUy to p~y tully any premium theretor. or in any respect fdl to per- torm, discharge. enecute, et[ect, comp ete, comply w-ith and abide by this oovensn~ or any psrt hereoi. satd Mortg- ~ tgee may place and psy for auch insurance or any part thereot without wafving or attecting any option, liet~. equity or right under or by virtpe oi this mortgage, and the [ull aq?onnt of each and every such payment shall ~ be immediately due snd psyable and shaU bear interest [rom the date thereot untU paid at the rate ot ten per n centum per annum and together with such tnterest shall be aecured by the lien oi Ws a?ort8a8e. ~ 4, To permlt~ oommft or sufter no was~te, lmpairment or detertoratlon of said property or aay patt thereot. ~ 6. To pay all and singulu the costs, chacges and expenxs, including teasonable lawyer'a fees and cwt o! ~ abstracb of UUe, incncr+ed or pald at any tlme by sald ylortgagee becsuse and/or 1n the evcot ot tt?e twtlurs on the part at the sald Hortgagor to duly. promptly and fully perfona. di~charge. esecute. et[ec~ complete. oomply wltb uW ablde b3? eacb and every the stt~lations. aareements. condittons and covenants of ssid promir ~or~r nots, and t2~fs mortgage. an~ or elther. and safd costa„ charges aad e~pe~ues. sach aad everp. shall be tm- anediately due aad pay~ble. whether or not thee+e be notice. demand. attempt to coriect or suit pending: and the iWl amount ot each aad every sucD payment shall besr fnterest irom ths dat~ tber+eoi unttl pald at the sste ot ten p~e eentum per annum: ana aU ssld ooeL. chasSes snd exP~~ ~o facurred or pat~ W~ether wtt2~ such fa- terest~ ~La11 0~ ~scnrea by ths llea o! tl~fs mortgs~+s. BoRK 243 PAfE1965 g - ~ - ~ _ - _ ~4~v; _ z=, ~ ~T : ~'n~;~:=_'_;