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and shalt dul~. promptly and tully pedornn, dixharge, execute. ef[ect, corirtplete; ebmply wlth and abida br cach ~
and even the stipulatioiu, agreement~, cond?tion~ and covenants of said prom?ss~ry note and ot titi~ mort,e~age, ~
then this mortgage and the eatsts hereby created shall cease and be nuli aiw toid.
~ It i~ underatood that each ot tht wonls, "note," "mortgagoY• and "mottgagew' re~pectlveIy and the pron-
oun~ re[erring thertto, wi~ether in the singular or plurat anywhe~e in thb mortgage. s:~Nl be ~ingular I[ one only
and ~haq be p:ural jointly and severally, it more tha.1 one, and shall De m~sculine. feminine and/or ncuter. wher~
ever the coniex~ so implie, or admits.
' Md safd Mortgagor tor him9el[ and his heir~, legal reprexntnti~ea, auccessors and as9igru~ he~eby wvta-
!?nts ar.a ggree~ to and with said Diorigager, his legal reprrsentaGve~, succrssors and as~igns: ' . i
To pay aU and sinpular the principal and intere~t and the variou9 and sundry ~uma o! mon-y payable bp '
virtue ot said pramia~ory nate. and this mortgage, each snd every, prompUy on tht dayy re~pectively the sacn~
aevera!ly become due. _ -
2. To pay all and ~inoular Ne t~xee, esxssments. levie~, liabilitie~ obli~ntion~ nnd fncumbrattca o[ evet~?
% nature and kiad now on said de~ceibed property. and,~or that hereatter may bt imposed, au[tered, plactd, levied
or assee~ed tnertupon, ar.d/or that hereetter may br 1=vied or assessed upon tl?is mortgage an~l/or Lha indebted-
, ness secured herrby. each and every, when due ar.d payable acrnrding to law, betore they b~come delinquent,
~ . and Detore sny in[ecest attaches or any pena{iy i9 incurred;. and in so far a~ any thereo[ i' of record U?e same
~ shalt be prurnptly saiisfiad and• discha oec! of record and the original o[[icial document (such as, for instance.
Lhe tax receipt or the satigtaction paper oflicially enJorsed or Ce~tified! a'?al! be plnced tn the hands ot said
biortgagee within ten day~ next atter pzyment: and in the event that any tt~ereoE is not so piid, sati9tied and
f discharged. said Dtortgagee may at any time pay the san~e or any part tbereaf v~i[hout v~ai~in~ oc a[[ecting
any option, lien, equity or right undrr or by ~irtuP oi this mortgage. end the tull amount of each and every
such payment ~hall be immediately due artd paya0le and shall bear interes[ trom thc clate theceof until paid
at the rate of ten per cen[urn per annum and to~ethPr KlIA such interest shnll be secured Dy the lie:t of Gki~
mortgaga ~
3. To place and continuously ke~p on the bu~id~n~a now or heceatter situate on said la,nd fice and ~vindstorm
in9urance in tAe usual standard policy form, in a sum nnt les~ th.1n s..._.....ID81C~___._._._..____._..._...~~ 1n ~uch eors-
pa~y or tomp~n:es as may be approved by saErl Dtort~a; ce; an~i all such insurance policis~ on any o[ ,ald build- '
~ ing~, any intere~t [herein o~ pari thareof. in the a~rragate sum atore4aid or in excrs~ thereo[, ahaU contein the :
usual star:dard mort~a~ae ctause makinR the lu::~ ur.r:~r a.1id policie~, each and erery. paynbte to said 1?tortgs-
se~ as hi9 interest may appear, ani each ar.~ e~~P.-} se~•h p~~iicy ~Tu111 b~ prompUy deli~ ered to and held by said ~
3~ Jlort~agee- and, not les9 than tcn days in acl~•anre of the expiration o! each poticy, to deliver to sAi•1 Ztortga~ee
a rene~ral ~thereof, to~eth~r ttiith a receipt tnr thr p:Pmi~~m nf ~urh renes~al; nnd thPre sball be no such insur- f
ance placed on any of ~z~~i builJinR3, any intr~rct thcrein or p~rt thereot, unle_:~ in the tornt and with the In»
~ y~ payahle as aloresaid; .ancl in the e~•Pnt 1ay s+im of rr.nr.ey brcome~ pzyabl~ unJer sn~h policy or poticiej said ~
~ ?I~~rt„~:;e~ shail h1~~e t~:r o, :i~m to rrreit•e : nd ;,,.pi~ t}:~• sa:I1P o:? accu•.ent of the indeLi~dness secure~l hereby or
to p•rmi[ a~id :?iort~a~or to recei~e and u~e it or any p~rt thereot for othec putpos~s without the:eby wairing
~ C or implirino any equity, lten or ri~ht under nr by ~'irt~~e of this mn~igage; end in th~ e~'ent slid ~inrt~a~or ~hall
[or ar.y r~a:o:i fail to 4~•••p the s~icl pre:n~:*< in~=u?~.1 nr f~il tn d~~11~-er promp.ly xnv M SaiC poi:cies o!
.,.`~,i ~ in~~ir~ncr to :.?i•f ?•InrtF.i;;-•r, or t:~i) [~mmj~tl}• to p~}• t~slly s.:~y prrmium therctnr, or in Rny rtyprct tail t~ ptr- ~
~ ` Q torm. eI:~_-har{;e, er.ccu,e, r[f•-ct, corn{dPtP, comply~ .~-ith :n~t e:~i•!~- Dr th~s cot•rn:+nt, o: xny T~art her~ot, ssid linrtF;-
a;;rF rrizy p'i.P an~t E~zy f•;r stich in:~•~ran~e or .:c.. ~xct thrren[ ~:itF.nvi w..icir.~ ur aife-ciinr wn3 op:ion. l~Pn,
~~uity o: ti{•t:t t:.^.,;i•r t.~ CICLL•F ui th~a ~~~rt.;:?~~ tu:~! t}~~- f~+!1 :•-~in~~nt uf c:trh an,1 eti•try s=~ch p:~•t~±nt sha,l
~ Le fr.?mE•dea`~•ty dur nnri ~:~y:~b?e an.} :.he1i IF~~r in•~:~•:f fru:n tte ~lA!r ll:or~•ot ~snUt f~1i~J nt t!:e rate o: tcn per ;
erntum prr a^num nn~f t~.,~ethPr ~rith vuch intrrP,t s*.ill be 9ecured hy thr_ liYn ot tht~ m~rt~;a~e. ;
~ 4. Tq E.~rmlt, eoms-i:i o~ auffrr no ~+•~~:r, ~cupzirm~nt o~ deierloration ot 9n1~1 propert) or ~ny psrt [herrot.
~ L Tc p'+j r.)I an~ g~n„uinr tTe c~+t:?, c~, r;-. a nr•-! •`:p°r. i„rl,u~l~n~; rrn~o~zbtr L~u~}•er'n fce~ ar.d e~s! o!
~T~~tr.e<t :~~f htl-, tn~:~r:-•~i or t~ai~f et any tlc ;r h~: v11;t ~I~~:t};n~;.•~ bw~auir nnsl/or 1n thr evert oC fa:l::re
~ o~ t`.•r f 7rt ot tF.r sa~d `.tvsi};n~;or tu c:.l~, ~~:~~rn~'1~• :,,,~1 p,rfurln, d:?4~An-z•-. ex.~cuir. cfiFCt, eo:ny~;c:e,
Corr~pip ~+:ith x~d ~h..'.~ each and eti~•ry f::e .~i~p«1._r~: r_, ..a~~.^t~. ~~~3~:Snr.9 Ar.d covennna o! ~au'. prorn:i-
Inry r.~.!••, «n~1 thi3 m~:r:y:rz;;~, t.r.y or r~[n+r. :~r.:l tii` t rr~~tq, ch:.r~~rt Pr.d c.:i~r:t,et, PRCiI n.inl •vrry. ~`~ntl Dt Im-
r.:?.:.:.:.J~ w-.i y+..,~.-, Kh?thcr ~~r nn! th~:r. 1,- r:o',:r, ~3~•r~~~~~. h~Irf7ljil to ~irtl~ct ur SUEC ~C(1~lR~: ~~d 1:sH
full nm~sunt M enrh nn~f ev!ry ~~cA ~~:?}ta?nt ~h~11 brar ~nt.-:ra2 trn:n tho dnte therto: un,l! pifd ~st thr rnir t~f
t!n per c~n?um p!r enn~:r~: end w:l ~~[d CAt~.9, ch~ry;e~ t.nd ~rFWn~es no Incurrrd or val~ toEr;rer w-1N auch !n-
t?r~~'~ nhwfl t.e e~cu.-rd by the Ilen ot th's rnRr'};a~e.
~~K276 P~ ?98 _ ~
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