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Home My WebLink About0870 . ~ . . ~ ~ ~ ~ . . ~ - and shal! duly. pcomptly and [ully pertorm. diseharge. execute, tftect, complet~. .:omply ~rltA and abid~ by eath , and every the stiputstiotu. abrcements, conddion~ and covenants o[ said promis~ory note and of this rhortga~ then this mortgage and W~ atat~ Ae~eby created~hali eeaKand ~e nWl uw ~oid. ~ ' f It is underatood that each ot the wor~fs, "note," "mortgagor" and "mottgagee" reapectlvely and the pron- ouns reterring theret0. M?hether In the aingvlar or plural anywhere in th4s mortgage. uhall be singular f! one only- and shall De plurul ~ointly and severally. it more than one. and aAall De ma'culine, teminine and/or neutec. wher- ever the eontext ao implics or admits. Md aaid Mactgagor tor himaelt and hl~ heir~, legal representatlce~, successon and a~aig~u, hereby ooven- ' ants ann agreea to and with said ~fortgagee, his lega! repr~aentatives, succ~ssun and assigns: ~ L To a aU aad sin :r the rinci ry y paysble Dr ~ p Y gul p pat and intereat and Ne varfau and sund sum~ of mone virtue ot said promtswry note. and this mortgage. euh and eve~r~ promptly on tAe days rapec4vely tbe saan~ severaUy become dw. i 2. To pay all and ~ingul~r tl~e tautea, wcssments, levies, liabilitle~ obliRationa and incumbrancea ot ever~ naturb and kind now on uid de~cribed propertr, and/or that hereatte~ may be Impo~ed. su[fered, placed. levied ~ or asseasM thersupon. and/or that herea[ter may De lrvied or asses~ed upon this mortgage and/or the indebtcd- t?ess secured hereDy. eacA and every. whea due and payable aceording ta law, be[ore they becoma delinquent, and betore aay lntereat sttaches or any penulty is incurred; and in so talr_w any thecea[ i~ o[ tecord the sam~ ~ shail be promptly sstb[ied and discharged o! record and the original o[[icial document (such as. tor U~stance. ;he tax recelpt or the sati~tacGon paper o[Ccially to~lor~ed o~ certifiecfl shall be placed tn the hands ot sald ; Xortgagee wi[hin ten daya next atttr ~?ayment; and in the event that any thereo( is not so paid, satts[ied and ` discharged, aald Mortgagte may at any time pay thc same or any part thereo[ wfthout waiving or aftecting ~ any opti~n, lien, equity or right under or by ~~rtu. ot this mortgage, and the full amount of eath and every ~ such payment shall De immediately due and payabte anJ shall bear interest trom the date thereof until paid ~ at the rate ot ten per centurn per annum and togethPr with such interest ahall be aecured by the lien ot this mortgage. ~ S. To place and continuously ke~p on the bwid~n;,~ now on c~ceafter altuate on satd land tirr and windrtorm ` Maximum ~ Insurance 1n the u..ual standard poticy tnrm, in a sum not les~ than In auch eom- . pany or comp.^.nies as may be approved Dy sai~1 1?fortxa~ce; $n~l nll ~uch insnrance p~licies on any ot ~nid build- ~ fngs, any fntereat therein or part thereot, in the aF~rrFate aum alorr~aid or in exce~s thereof, shall contain ths usual standard mort~agee clause maklnR the 1~~.~ ur.der ~~d policie~, each and every. pay4ble to said :?tortg~ ~ Kee as his interest may ~ppear, an:t eACh ar.~! e~•r:y ~iu•h pnl~cy ~ha11 be promptiy delivered to ~nd held by said ~ blortgagee; and, not tes~ than tcn dav~ in a~ir~n~e of the expiration of each poucp, to delive~ to ss~id bfortgaRee ~ a rene~vai thertof, toRether with a receipt fnr thv prrm~um nf re~~•h r~newal; An~t thrre shall be no auch insur- ~ ance placed on any v( said buiidin~;~, any intrrrse therrin or part ti~ereof, unless in the torm and wlth the lo~~ ~ pa~able a~ aforcsaid; and fn [he e~•rnt :v~y aum of mun~y become~ payable under snch policy or policie. said ~ Mort~aRee shail have the optf~~n to recei~•e and apply the same on acrount o[ the indebtedne~~ sec~sral hereby or i to permit said Mort~agor to receive nnd uc~ ft or any part thereof (or oth~r pur~w~t+ without thereby waiving or impairin~ any equity, lien or ri~ht under or by ~irtue of tbia mortgaRe; and in the event snid !?tortgn~;or ehall for nny rraso~ fail to ke~p the said pr~m~~~s so in•urrd, or tail to deliv~r promptly nny of said poticie9 ot insurance LO SJI(~ ~tO~LF:iR'PC, or fail promptty to p~y tnlly any premium therefor, or in eny re~pect fall lo per- torm, dischar~e, ex~cute, rifect, compl~tr, comply uith and abi~lr by thi~ ~ovenwnt~ or an~ part hereo[, aaid ~t~rtg- agee may place and pay tor anch in~urance or 8ny part th~~eof ~~~thout v?aivinfi or e[fecting any option, lt~n, equity or ri~ht under or by cirtue uf thi~ mnrt~a~;c, and thr full aniaunt of each anA every sach ps?yment shall be Immed~ately da~ snd pa~~able and shni! besr in'~rest trom the cinte lhereof untll pzid at t'?e rate ot ten pec centum per annum and toKethPr with ~uch Interest ahali be secured by the lien oI tht~ mortgaRe. 4. To permlt, comrnit or auf[er no ~vn~te, ~mpairment or det~rtoration ot ~a1d property or u?y part thereo[. ~ 6. To pey nl! wnd rinRt:lar tAe co~t~, char~e~ end expensei, fncluJ~ng redwnable lau7•ere trea nnd co~t of aA~~:.:tta o[ titlr, Incwr~d or paii at nny time by aald :?In:tfia~;ee becwu~e andior ln Lhr e~ent of the fr::ure an the part u[ :he swid btort~a~;or to d~ity, prom~ily end [ully per[orm, dlxharge, txecute, ettect, c~m(1=•e, enmply with wnd sbld! Ay enrh nnd ev~ry th! ~tf~ul~ti~~~, egt•_em!nt~. ~ondidon~ e.r.~ ct*v~r3nt~ ot ±nid proml~- sory nnte, Rral thi~ mort~nr~, wny or either, wn~f .aid ~n,t~, ~raT~e~ nnd ex~n!~~, enrh snd ev~ry. ~bsil D~ Ir:~. mediwtely due hnd paynble, whe[her or n~t thrre De not~c•, dPmand, sttempt to collect or ~Wt pendinR; and the ~ ful! amount o[ each anA every ~ucA payment ehwil D.ar ~nterr.t trom the date thereot unttl pnlJ st the rate ot ten per eentum pe~ annum• and wll e~ld co+ts, ch+~r~.~ and ea{xnees ~o Incurred or p~l~ together writh auch 1n- tetent, ~hW De eecured Dy ths Ilen of tht~ morigege. a~~2+67 ~?~E 868 ~ _ ~ ~ ~ ~ .t'~i~'-~i~°':~ ~ka~'~ ay"~+~-`~.~