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~OR VALW RECEIVlO, tM w~si~n~i, MIM1r ami NvKalir, rRO~A1St TO ~AV N 11N ord~r ~i .
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~t 11w rN~ ~i •---.hONF?----.. ~ pMw~ pK an~ww~ os th~ ~npiid bal~ncs unNl n~Nurilr. TI» said ~inci'al aad iw~~N thaq =
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~ The entire amount ahown above is due and pa.ye~bl.e on or tefore aeptember 15,~ ;
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and shaU duly, pronr~p[ly and [ully peKorm, diacharqe, execut~, ettect, cumptetr, r.omply w~th and abide by each
and e~•erp the stipu:at~on~, agrcementa, cond~t~ona and rovcnants o[ ~a~d prumisaory note end oi th~a mortgage.
then this mortgage and the eatate hereby created shall cease and ne null ann Loid.
It underatood that each of the words. "note," "mortRagor" and "mottRagee" respectively snd the pron-
ouns erferring theceto, whether in the aingular or plural anywhere in thls mortgage, ehall be singular 1t one only
and shall be piural jointly and seve~aUy, i[ more than one, a~d shall be ?nr~.~culine, fem~nine and/or neuter. wher-
ever the context ao impliea or admits.
Md aaid Mortgagor for himselt and tus heirs, legsl representatives, succes~ors and ~aigns, hereby coven-
ant~ ana agreea to and with naid Mortgagee, h~a legal reprrsentaUve~, succ~ssors and aasigns:
1. To pay W and singular the principa! nnd lnterest and the variou~ and sundry suma of money payaDle br
vlrtue of said pmrruasory aote, and this mortgage, each and every, prompUy on the daya re~pectively the sam~
aeverally become due.
2. To pay all and singular the twces, dUessments, levies. IiaDil~ties, oDli~ations and incumbrances ot e~er~/ +
nature and kind now on said descnbed proprrty, and%or that herea[ter may be impoaed, autfered, placed, le~tied
or aaae~sed thereupon, andior that heceafter may be Irvieci or assrc+ed upon this mortgaqe and!or the indebted-
ness secured hereby, each and eti~ery, when due and ~~ayable accordeng to law, be[ure they become delinquent~
and be[ore any interest attaches or any penalty ~s mcurred; and in so far as any thereof o[ record the aame
~ ahall be promptly satisfied and d~schargrd ot record and the onRinal off~cial document tsuch aa, for inat~nce.
Lhe tax receipt or the satisfaction paper of[lcially en~forsed or certif~ed~ ~hall be placed tn the hand~ of aaid
~ ~tortgagee within ten daya next after ~ay~nent; and in the e~•ent that any themof is not ao paid, satisfied and
~ discharged, aaid Ufortgagee may At nny t~me pay thr s:ime or nnY part thereot vrlthout wai~~ng or affecting
; any opt~on, lien, ~quity or nght undFr or b~• ~~~rtu~ of th~s mortgage, wnd the full amount of each and every
~ such payment ~hall be immed~ately due an~i {•ay:~b;e and shall bear mtcrest from the date thereot until paid
at the rate o[ ten per c~~ntum per annum an~i t~~}`,eih~`r with su~h ~nterest ,hall be secured by the lien of this
mortgage. ~
3. To place and contlnuously ke~p on the bu~l~i~n~;s n~,w or hereafter aftuate on said land tire and windstorm
inaucance in the u.aual standard poliry f~rm, in a~um n~~t les9 ths~n i - 1n such com-
~ pany or comp^~irs as may be appraved by caui Ainrt;;a~~•e. :~n~i all such insunnce policie, on any of anid build-
ing~, any intere~t therein or part thereof, in the a~.~n~~ate aum atorPSald or ~n excess thereot, ~hall contain the
~ usual standard m~rt~eqep rlause mak~nQ the 1~~>s urd~~r va~d poLcie~, each and every, payable to said btortgs-
~ gee as his mterest may appear, anA ench a::d ry s~i~ h pnlicy .hall be promptly deli~~e~ed to and held by eaid
I?SortRagee; and, not les~~ than ten days in ad~an~e nf the Pxpirat~~n o[ each policy, to deliver to sRid 1?tortRaRee
a renewat thereof, toRe[her v?ith a rece~pt fnr thP pr~mlum ~t Anrh r~newal: and thcre ~hall be no such insur-
ance placed on any of aaid bu~ldinR~, any ~ntPreet th~re~n ~~r part thereof, unlea~ in the form and with the loss
payaDle as aforeaaid: and in the e~•Pnt any aum of m~~nry brcomes payable under ~~uh poticy or policiea said '
Mort~aRee shall ha~•e the optinn to rece~~•e and apply the aamP on account ot the indeDtednes~ aecured hereby or
to ~rmit said MortQaRor to re~ei~•P r+nd u~e it or any part thermt for other pur~wsea wfthout thercby waiving
or im~airing any equity. lien or nRht under nr by ~•lrtue o[ this mortgage; and in the e~ent satd MortgaKor ahall
~ tor any rPasa~ [nil to kePp the said premu~s so in.=ur~d. or fail to dellver promptly eny of aald poLcies ot
; insurance to saed ~inrtRaR~e, c?r fail promptly tn p~~ [utly any premium therl~for, or in nny respect fwil to per-
~ form, discharRe, exccute, eftect, complete, comply :+~th and aA~de bv thia covenant, or any part hereot, asid 1ltortg-
3 eReP may place and pay for such in,urance or any part thereof withnui kaivin~ or atiectinq any option, lien,
~ equity or riRht under or by virtue o! this mortra~~, an~i tRe full amount of each and every euch payment ahaU
~ be Immediately due anA pa~~able and shall bPar tntnre~t fram the date ther~of untll paid at the rate ot ten per
centum per annum and toRether wlth auch fntere~t ~hall be eecured by the lien ot this mortgaRe.
~ 4. To permlt, commit or ~uffer no ka~te, iml~:~irment or detertoratlon ot satd property ar any part thereoi.
` 6. To psy sll and alnRulu the co~ta, charRes and expenaes, including reasonable lawyers tee~ and coat o!
abstracts ot title, fncurred or paid at any tfine by aald Mortgagee because and~or tn the event ot the tallure
on the part ot the sald MortgaRor to duly, promptly and Nlly perform, dlscha~ge, execute, etfect, complete.
comply with and ablde by each nnd evPry the ~tlpulaUons, agreements, conditlons and covenante of sa~d promis-
~ sory note, nnd this mortRage, any or either, and ~nid co9b. charges and expenses, each and e~ery, shall be Im-
mediately due and payable, whether or not there be not~ce, demnnd, attempt to collect or ault pendln~: and ths
full amount ot each and every such peyment shsll bear tntereat from the date thenwt untU pwld st the rate ot
ten per centum pe~ annum: and all eald costa, charqei •nd e:pense~ w Incutred or patd, together wlth such !n-
terat, ~hW bs ~ecvred by the Ifen ot Wi morLgage.
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. ~65 P~~ 3~3
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