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Home My WebLink About1117 and ahali duly. prnmptly a~ fully pestorm. discharge. execute, effect. complete~. coruply arlN snd abide Dp each and everp the stipulatlons. sgrecments, conditions and covenants of said prom,swry note and of tlda mortga~q. then tdls mortgage aad ihe ntate 6ereby created ahall cease aad De AuU and void. It is w?derswod that esch of the words, ••note." "mortgago~' and "mortasges° respectivel~ snd tbs pron• ouns retereing Werato. wbrther in the singular or plural anywhere in thts mortgage. st?a)1 be singular ii aa~e od~r and shall be plural iointly aad severslly, if more than one. and ahali be maxullne, feminine aud/or neuter, arher- ever the oontext ao impUes or adwits. Aad aaid Moetgsgor for hiaaselt snd his helzs. legal repreaentatives, suecessora and asUgnq, heeebT aovea- aats sna aarees to aad wIW said lsortgsgee,, hia legal repceaentattves, aucceasors and as~igns: L To ps~ all aad dagular the prlaci~at and interest apd the vsrlous and snadry snms ot mo~y payable b~ vlrtus oi sald promiasory note, and this mortgage. each and every. Promptly on tbe d~ys respectt~ely tbe ~ a~veralty beoom~ du~. ~I ~ Z To pay all and singnlu the twxes. aasessments, leWes. liabiUties, obUgaUons aad incumbrances of ever~ natwe and kind now on safd described property. and/or that henafter may be imposed, euffee+ed. pla~xd. levied ~ or aasessed tbereupan. aad/or tbat hereatter may be levied or assesaed upon th[s mortgage and/or Uu indebted- f ness sec~red hereby. each and every. when due and payable ucoMing Lo law. betore they ba:ome deljnquent, and before any fntenst attaches or aay penalty is incurred; and in so far as any thereot b o! reoord tAe same . ~ shall be prompUy satistied and discharged ot record and the oriq[ual otficial document (such as. for Instaace. ~ tha tax receipt or the aatistactioa paper otticially endorsed or certitied) shall be ptaced in ths hands of sdd ~ Hortgagee within ten days nact siter payment: and in the event that any thartoi Is not ~o patd. satis8ed and ~ diacharged, said l~ortgsgee may at any time pay the same or any psrt theceot witbont ara[vtng or attecting any option. ]ien. equity or right under or by v~rtue of thla mortgage. and the full unount ot each at~d every such psqment shal! be immMiately due and payabte and ahall bear iaterest from We dnte thereof uatii paid ~ at tl~ rate of ten per ceatum per aaaum and together with such intereat shall be secured by the lim oi this mortgage. - ~ 3. To place aud continuously keep on the buildinRa now or hereafter aituate oa said laud flre and wtndstorm lnsurance fn the usual atandard poliry form, in a sum not les~ than i•-••---••-~BE~]nll~.....~..._.r.._._.., fn anch oom- ~ pany or compsnies as may be approved bq aaid Mort~agce; and all ~uch insurance poBcies on aay oi ssid build- ings. aay Wterest therein or psrt thereot, in the aRgregate sum sforessid or in excw thereol. shall ooatain the usual standard mortgager clauae making the lo,c~ ur.der ~id policles. each and every, payable W said Mortga^ gee L+s his Interest msy appear. and each and eeery suc•d policy ahall be promptly deliveced to and held by ssid Hortgagee; and, not leu than ten dsys in advance of the expiration ot each pollcy, to deliver to said Hortgages a renewal thereof, toRether with a receipt inr the pnmium ot ~n~oh renewal; and there ~hall be no such iasur- ance placed on any ot ~aid buildinqs, any intereat therein or part theceo~ unless in the form and with the laes payable a~ atoresaid; and in the e~ent any sum ot money becomea •payable undcr such poltcy or poUctes aaid Mortgagee shall ha~e the optian to re:eive end apply the same on account of the indeDtedness secuted hereby or to permit said Mortgagor to recelve and u.e It or any pnrt thereol for other purpoxs without thereby waiving or impairing any equity, licn or right under or by virtue of thia mortgage: and in the event satd Mortgagor st~all for any reasoa taii to keep the said premiee~ so in_sured, or fail to dellver promptly any ot said policiq of ~ insurance to said Mortgsgee, or tajl prompUy to pay tuqy any premium theretor, or in any reapect tail to pes~- form, discharge, execute. eftect, complete, comply with and abtde by this covenan~ or any part hereo~ satd Mortg- ~ agee may piace and pay for such in~urance or any part the~eoi without araiving or sitccting any option, lien. s= eqWty or right under or by virtue of this mortgage, and the fuU aq~ount M each and every such psymmt ahall ~ be immediately due and payable and shall bear interest trpm the date thereot untll paid at the rate of ten per ~ centua~ per annum and together wlth such interest shall be secured by the Hen ot thi~ awrtgsge. ~ 4. To petmlt, commit or suiter no w+aate, fmpairment or deterioratton ot sald ~rnpecty or any patt thereo! ~ 6. To pay a11 and ~Ingular the coot~. charges and expense~, including naaonable lawye~s tces and cwt ot abstrub of UUe. incurnd or pafd at anr time by satd )riortgsg+ee because and/or tn the eneut of ths lallurs ~ on the put oi the sald Mortgagor to duly, pmmptly and tully perlorm. dl~charge, e~[ecute, eftect, complete,~ ~ eompl~ ~rltb and ablde by eacb and every the atipulaUons, a~reementt. oondit~ons aad aoveaanb oi said promis- ~ ~orp nota. aod tlds s::,sfgage. an~ oe either. and sald cwttr charges aAd expensea, eacb aad e~rry. ahall be lm- mediately due arW payable, whether or not tbee+e be notice. demand. attempt to colkct or suft pending: and the fuD atnount o[ each and every such payment sha11 bear interr~t trom ths dat~ tMeeof uatll pald at the tste at ~ ~ b°rw~ih ll Ds ~iacured bp tIIe Len o thL mortgs~ ~ and e~cPeaae~ ~o facurred or patq, togettier ~vlth such Sn- . . . ~ s ~ ~ ~ Bo~244 PA~i118 ~ ~ x~ _ _ _ _ ~X. '~S'~... _.~~.~Y~~~~~?±~_ rz>':_a, t-~' ~~}..rz~..~.~~~'~~~~~ . _