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Home My WebLink About0696 I P'S A~~~ ~VMENtrRY g~ ~Cfr,LLia . ~TI?TE ~a~ NOTE ~ ,F. _ i ~ I F and thall duly. promptly and fully perform, discharge, execute, e![ect, complete. ~:omply artth and abide Dy eaeh ` and every the atipulation~. ~?grcemenia, conditions and covenants of snid promissory note and of thii mortgape. ~ then this mortaage and the eatate hereby created ahall cease and be null anti void. ~ ~ ~ It is undentood that each ot the worda. "note." "mortgagor' and "mortgages" reapectively aud the proa- ~ oun~ reterring thereto. whether in the singular or plural anywhere !n thb mortgage, ehsU be ~ingular If ona only and shall be plural JoinUy and severaUy. if more than one, and shall be msxutine, teminine and?or neuter, wher• ever the oontext ~o impUa or sdmits. Md sald ]3ortgsgor tor hlmsel! and hii hefrs, lesal repraenbtlves~ successors and asN~u„ heseDy oo~en. ants arw agred to and with s~id f[ortgsgee. hia itgal representatives, successors aad aasfgw: F ~ i. To pay all aad ainsular the principa! snd intere~t aAd the varioui and sundry wm~ ot money paysbie br 4 virtue of said promissory aot0. and t1~is mostiaBe. eacb and every. pmmptly on the days rapsctively tAs aam~ _ severally become due. ~ Z. To pay all and singulu We t+uces. uae8amenta. leWes, liabllitiei„ obUgatlons utd incumbranca ot ever~ ! natun and kind now oa sald descriDed pmperty. and/or that hereatter may be Imposed. suftered. plued, levied ' or aaaessed thereupon. snd/or that hereatter may be levied or assesaM upon this mortgage and/or the indebted- ~ ness xcured hereby. eacA and EVEry. when due and payable acrnrding to law. before they become delinquent, and betore any intereat attaches or any penulty ia incurred; and in ao tar aa any thereot is ot record the ssm~ ahall be promptly sati'fied and discharged ot record and the original ofticial document (wcl~ as, tor instaace, , Lhe tax teceipt or the satistaction paper otticially endoreed or certftiedl shall be placed !n the hands ot asid ' Mortgagee within ten days next atter payment; and in the event that any thereo[ is not so paid. satistied and ! discharged. aaid Mortgngee may at any time pay the aanu or any put thereot withouf waivfng or affectir~ . ; anq opti0n. Uen, equity or right under or by virtue o[ thls mortgage, and the full amount of each and every such payment ahall be immediately due snd payable and shall bear interest trom the d~te Wereot until pafA { ai the rate of ten per centuin per annum and tngether with such intenat shall be iecured Dy the lien oi thla j raortgage. ~ ~ 3. To place and cantinuously keep on the bu~ldin~e now or hereafter ~ituate on said land De~s and wlndaEorm f ; . : E lnsurance in the usual standard policy form, in s sum not less than i .............M8.X1YriL11r1___..._.........._, in auch corn- ~ pany or comp^nfics as may be approved by aaid Mort~a~ce: and all ~uch insurance poAcieb on any ot iatd buiid- ~ ings, anq interest, therein or part thereot, ln the aR~regate sum sloresaid or in exce~s thereot, shW contain th~ ~ uaual siandard mortRagec clause makir?R the I~~~ ur.d~~ ~?id poGcies, each and every. payable to said Mortga. ; gee as his interest may appear. and each and e~•ery sw•h pe~licy ahall be promptiy delivered to and held by ssid r Mortgagee; and, not less than ten days in ad~•ance of the expiralian ot each pollcy. to dellver W sstd Mortgages ~ a renewal thereof, toRether vnith a receipt fer th~ premium nt enoh rPntwal: and there shall be no such ineur- ~ ance placed on any at said buildinRs, any interest therein or part thereof, wileas in the form and with the lost ~ psyable aa atoresaid; and in the event ar~y sum o[ money becomea payaple under such poDcy or polcia uid ~ Mortqsgee shal! have the optlon to necetve and apply the aeme on account ot the indeDtednes~ iecured hereby oe to permit said Mortgagor to recefve and uae It or any p~?rt thereoi tor other purposes wrJthout thereA~? waivfn~ or impafring any equitp, lien or right under or by vlrtue ot this mortgage: and in the event uld Mortgagor shall for any reasoa fail to keep the aaid premises so in~urrd, or tafl to deliver promptlr sny oi safd po4cia o! fnsurance to said Mortgsgee, or fail pmmpUy to p:?y tully any premium therefor. or in any respect ts11 to per- form, dischuge, euecute, ettect, complete, comply with and abide by this covensut, or any part heceM. sald Hort~- ~gee may place and pay for such insurance or any part thereot without arsiving or af[ectfna any option, lien. ; equity or right under or by virtue ot this mortgage, and ttte tuU aq~onnt oi each anA every ach payment shaII ' be immediately due and psyable and ehall bear interest imm the date theno! untit psia at the rate ot ten per ; oent~un per annum and together with such fnterest shall be secured br the Heu ot thl~ awrt~e. 1 4. To permlt, commit or sutfer no wa~te. impairmeat oe detaiontfon of aald property or sny part thered. 6. 1b pay a11 and aingular the costa, chargea and expenses. including e+ea~onaWe lawyefa tees and co~t ot abtracb ot Utle. tncurred or pald at anr time by ~ald Mort~ee because and/or 1n the ~vent o[ ths tdlur~ ' on the part ot the safd 3Lortgagor to 4u1Y. PrompUy and fully psrfortn. dlscharBe. ~zecut~. eKect. c~nplet~. ~ oomply wlth and aDtde by eacL and every tbe atlpulstlau. asreezt~eats. condltions and oovtaanb ot said promb- ~ ; ~or7 note. and tlUs mortgage. any or elther. and safd cosb. char8es aaQ espen~a,, each aud every. ahW bs ltn- mediately dus wd WYab1e. w?hethrr or ~wt tbers be notlce. demu~0. attempt to oolikt or anlt p~ading: aad tL~ iWl amount ot each atM eve~yand all i~atd oese.. ehar~• aod .~wa~. rncurr~e ae pa~4,~ ~r~..1tb wcb 1~ teu p~r oentuat pe~ aanum; brat, shatl D~ ~ecursd Dy tbs Wa ot tl~ts aloetsap. i i ~ r~ L.U~ Mrs ~ ~