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and shall duly. promptl~ and tully pedorm. discharge. execute~ ettcct, complctr, .:omply ait2~ and sbide by each ,
aad every the stipulstions. a~'ceements, conditiona and corenants ot said prom~saory aote snd ot this ritortgagq j
then this mortga,~e and th~ estsb benby created shaU caase and be null ana void.• f
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It is und~rstood that escb of the words, "aote." "znortgagor" and "moRgagee" reapect~vely and the pron-
ouna reterring tt~eret0. whethsr in the sinaulu or plura! anywhere fn thb mortgage. Mell be aingulu f! one only-
and ahall be plural iointly and severally. it moce than one, and shall be ma~cuUne. femfntne and/or neuter, wher-
ever the oo~text so Implies or admits.
And aaid Mortgagor for liimxlt and his hef% legsl represcntatives, auocesaors and a~aign~, hereby ooven-
ants aan agrees to and with aaid l~tortgagee. his legal representattves, succe+sors and assigns: .
1 To pay a11 and dngular the prinMpat a~d interest aad the variow and auadry suma o[ money paysble by 3
vlrtue ot sald promissor~? not~„ aad this mortga~e. each and every. Pmmptly on the days reapectively the sam~
! ~evetall~? becom~ dw.
i S. To pay all aad a3naular We taxes, as~essments. levtea, ltabilittea~ obiiqstion~ and tncumbrances ot aveq
; nsture and ktnd tww on astd ddcdbad property. and/or that bercatter msr be Impoeed. su[teced. placed, levied
~ or assessed th~reupon, and?or that hereafter msy be levied or asses~ed npon this mortgage and/or tbe indebted- ~
neas secured bereby, ea~fi and ev~ry. whea due and payable aceording to law, Detore they become delinquent~
E urd before any interest attuhes or any pendty i~ incurred; and in so ta[!rr as any thereot is of reoord the sam~
~ shall be promptly sstisfied and discharged of ncord and the oriR[nal o[ticial document (auch as. tos falisnc~
!he tax receipt or the sstiafaction pager Mtici~lly endorsed or certitied~ aha11 De ptaced !n the hand~ of sald
Mortaagee wtthin ten dsys nrxt atter payment; snd fn the event that any thercot ls not ao paid. satL~tied and
diacharged. ssid I~Sortgagee• msy at any time pay the aanu or any part therec+[ without waiving or attecting
any optiOn. liea, equity or right under or by ~irtue ot this mortgage, and the full amount ot each and every c
such payment shall be immcdistely due aruf payable and shall bear interest trom the date thereot until paid
at the nte ot tea per centurn per annum and together wilh such interest shall be aecured by the lien of thb
mortgage. ~
S. To place and contit?uously keep on tAe buildin~s now or hereatier sitwte on satd land fire md windstorm
insurance !n the uaual ;tandard policy t~rm, in a aum not lesa than i...--.-.-.-~d~.RU]IA--.__.........._....._, in such com- ~
pany or comp^nics as may De approved by aaid Iriort~a~ce; and all such insurance palicie~ on any of said buiid- ~
Ing~, any interest there[n or put thereof, in the aR~rYgate sum a[orraaid or ln exceu thereof, shall rnntain ths ~
usual standaM mortgagee clsuse makinq the k,ks ur.cirr ss?id policte~, each and every. payable to said 1liortga- ~
6ee aa his inte~t may appear. and each ar.d eve:y si:~•A p~licy ~ha11 be promptly delivered to and held by said
Dlortgagee: and. not lesa than ten days in ad~•an~e o[, the expiration of tach policy, to deliser ta said l.iortgagee
a rene~val thereof, to~ether with a rec¢ipt tor th~ pr~mium of rnrh r~newsl• and the~e shalt be no such insur-
ance placed on any o[ st~id buildinR~, any interest therein or part thereot, uNes~ in the torm and with the los~
payable as atoresaid; and in the erent any sum o( maney Decome~ payable under such policy or policie~ said
Mortgagee shall have the optfon to receive and apply the same on account ot tAe indebtedne~s secured hereby or
to permli aaid Mortga~oc to secelve and uae It or sny p~rt thereo[ for ocher purjw~q without the~eby wai~ing
~ or impairing any equfty, lien or rf~ht under or by ~irtue of thia mortgage; and in the event said btortgagor ~hall
~ [or any reasoa tail to keep the said premiePS so in.gurrd; or lail to deliver promptly any ot said policie~ of
jpsuraace to said 1?tortga~ee, or fail promptly to pay t~illy any premium therefor, or in any re~pect infl lo per- ;
torm. discharge. execute, ettect. complete, comply with and abiJr by thi~ corenant, or any part hereo[. aaid ~tortg- ;
agee may place and pay for such in~urance or any part there~?[ ~vithnut wafving or stfecting any op:ion, lirn, .
' -equity or right under or by ~irtue of this mortRagc, anJ the [ull amount ot each and every such psymrnt sha11 '
be immediately due and payable ~nd ahail bear intvrest trom the date thereot until paid at the rate of ten per ~
centum per annum end together with auch Interest ahall be aecured by the lien o[ thl~ mortgage. •
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4. To perrNt. commtt or ~ufter no waate, impairment or deterloraLion ot aald property or any part thereoi.
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~6. To psy nll and rin(~ular t1~e co~t~, char~e~ and expenx~, fneluding reasonable luw~yer's tce~ and co~[ of
aA~tra:t~ o[ title, incucred or paii at eny tlme by said I?iortgn~ee becRUSe aod~or In tne event of ihe fr~D;u~
on thz~part ut ;he sald 1?tortga~or to duly. promptly and tully perform, dl~charge, esecute. e[fect. camFl~!e,
eompiy with and sblde by e~ch nnd t~~ry th~ stl~ula!i~r,s, agrerrr.ent~. ~onditlon~ rcr.d covenant~ ot said promL+-
sory nnte, and thi~ mortgage, wny or eltt?.r, ru+.1 ~s~id Coat~, cDnrge~ and expen•ra. esch ~nd every, shwil be Im-
medintely due ~.nd pay~?ble. whether or not there be not~ce, demand, attempt to collect or ault pending; and ths
fuL amount ot each and every such pavment ahwll bear inter~+t [rom ths dats thereot untll pnld at the rate of
ten per eentum per annum; and ali sniA co~ts, chs~ge~ and expensea w lncurred or pal~. together with such fn-
terest, ~hall bs secured by the llen ot Ws morisage.
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