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and shall dul~. promptly and iuUy pertorm, dix~arge. cxecute. eftec~ comptet~. comply with and abids by cach
and every tht stipulatloru, agrecmenta, condition~ and covtttants ot said p:
om~s~ory note and ot L2eis mo?tgagq
tben thi~ mortgage and ihe e~tste hereby created shsll cea~e and be null ana ~oid.
2L i~ unde~tood that each oi th~ worda. "note." ~mortgagoY' and "mortgagce" re~pectiveiy and the~pron-
ou:u reterring thersto, whether in the sin~lar or plural anywhere in [hl~ mortgage. shall be aingular i[ one only
and ahali be plutal joIntly and szverally~ iI more than one. and sha~li be ma.sculine~ feminine and/or neuter~ wher-
ever the context so implir~ or admita.
Md satd Morigagqr tor himnelt and his heira, legal representati~e~, ~ucce~sor~ and as9 p~ru, hereby covtn- ~
nnb ana sgcees to and with 9aid Dtori~ager~ his legal reprrsentative~, succrssor, and assign,: ' ,
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l. To pay all and si owlar the principal and intere~t and the variow and ~undry sumn of money payable by ~
virtue of said prornis.wry note, and this mortgage~ cach snd every, promptly on the days re~pectively the sama
aeveraLy become due. ~
1. To pay all and ~inoular the twce~, assessments~ levle~, liabilitie~, obli~atfon~ and fncumDrances ot every
tiature and kind now on said de~cribed property, and
~or that hereaiter msy be fmpo~ed, sutfered, placed, levfed
or asse~sed thereupon. and/or that ~eres[ter may be lrvied or assrs~ed upon this mo:cgaRe and/or tha indebted-
; ness secured ?~ereby. each and every~ when due and payable according to law. Detore they become delinquenL,
~ • nnd bzlore any iniereat attaches or any penelty is incurred; and in so !ar a~ any thereo[ i9 of secord the same
shalr be promptly satisfiad and discha oed o[ record and the oriRin~l olficial document (such a3, tor instance.
f :he tax rcceipt or the satistaction paper oflicially enJorsrd or certit~ed) a:~all be pleced in. ihe hand~ ol said
! btortgsgee within ten day~ next a[ce~ p~yment; and In the event that aay thereot is not so paid, satis:ied and
discharged. aaid 1?iortgagee may at any time pay the san~e or any part there~f aithout Ka1~7Ra° oc aftecting
any option, lien, equity or right undrr or b~' virtu~ of this mortgage. end the full amount of each and every
auch payment ~hall be immediately due and payabie and shall bear interesi trom the date thereot unttl padd
at the rate of ten per crnturn per annum and tngethPr v+,ith such in[erest ~hall be secured by tre lie:e of thi~
mortgage.
3. To place and cont~nuousiy kerp on thr bui)d~n~a now or Derea[ter ~Ituate on said land t~s a.ad ~rindstorm ~
in~urance in tT~e usual standard Folicy foRn, in a sum not lesa than S.._m~Xln!t1111---_-..........-__......._._._. fn ~uch cor~-
pany ot tomp^n:es as may be apptoved by sa:~l rlort~~~ce: a~~1 all such insurance policie~ on any of 9ald build-
ing~, any intere~t therein o~ part thrreof, in the a~~re~ate sum atonaaid or in excc» thertoi, ~hall contain the
usual standa~d mortRag.e clause makinR the 1~~~~ ur.d~r ~.zid policiea, each and e~ery. payaDle to said Atortga-
p gee as hi9 interest may appear, an:! each ar.d e~•e:y s~e+•h pcdicy ~h:?11 De pro:nptly drl~~ered to and hetd Dy ~sid
v 1(ort~agee• and, not les~ thsn ten day~ in advance nf the expiration of each p~licy. to deliver to sal~ Tto•tga~ee?
~ a renr~tial ~therrof, toqethrr vritD a receipL [~r thP prrmium M.iirb renewal; and thPre eball be no such insur-
~ ance placed on sny of said builJirs~a. :tiny intrrrct therein or p~rt thereot, unle~ in the [orrre and with the lo»
~ vQ pa}ab2~ as aforesaid; xn<t in the e~~Pn[ any sum of mnney becomr~ p:tyable unJ~r Stti'h pollcy or Ro'.iciea said
-,c~ hinrtk~~r! shail have the op:ian t~ recei~e and .-.,~E~1~• tre ~ame nn acco!utt uf the indrbicdnes~ s~curcrl hereby oe
to p~rmit ~w~d ~fortra~or to receive and u~e it or any part thereot Tor other puR?os~~ without lhe:rby ~vaiving
c.a or imp:?irinb any e~uity, lien or ti~ht under or by cirtue of thi9 mnrigage; and in the e~'ent slid ~tort~a~or ~`~al! ~
c~q [or ar.~ rra~n~ t~i1 tn krPp the s. id p:••m:~~ . s*+ ±-,~am,1. nr f~il to dPlh•er promp.lv an~ of said poL•ciei u! ~
~ If1Sllf_fli~P to s.ud I!i~rtgl~••e, or tail pro:nptl}• to p:~}• G~lly a.~y ~remium iheref~r. or in e~~y res, ect fail to per- ~
~ ~l tnrm, cF+cchl:~e, execu;e, rft•_ct, com~delP, cnmply •ti-i•h - nA r.`!i•!,• Dy this co~•~nant, o: a~~• ~~art rercof, sRiJ ~tnstg- ~
~ a~eP msy ~~'.ti~•P and p:ty [nr such inau-ance or zny pcsrt ih~reaf v:itrneyi vtai~ir.~ or atfrciin~ any op:im, )~rte,
~ e,u:t} or r~;;l,t undrr or hy virtue ot th~9 t~~ir;;;1;;~•. :tr.el thc f?`!1 ;~n~r~~~nt e~f c:~cl~ anil rvrry s:?ch payrnrht shall ~
~ be Imrnr~i~~+_i~;y dsie an~! ;:~~aDle an~3 n.hr.fi b~nr ~n•••r~•~i trorn the detr lheren' uaill pii~l a: t!ie r~[e of l~n pe~ ~
~ centum pPr asnum an~f t~~,:~th~r «~th auch Intere;t s?:all be ~rcured Ay the l~en o[ thl~ mort~;a~e. ;
~ S. To permlt, eommit ur ~atlrr no «-r~v:e, ~rn~~.iirment or d~tertoration of sn:d proprrty or ar.y psd therrof.
~ b. 'I'o pay t.ll ertd ~;n~~ier tt.e cn•'3, c.*.n?;. a nr•~ :•~f,•n,~:, ii,:Su~l~nj, rvrt~cnabi~ lau^~-.•r'~ frc3 a~~: en9• u'
r.hi!r.e~t~ of t~tl~, Inci~rr••d or pai~l Kt any tlc:r b~ s.~1;i ;l~~ri~'rt~r~ b~rauyr na~l~ur in th.e event o! t:e fHSf:::~
~ o~ f'.•r f:~rt o[ tt•c s=ud :.i.~~tj;aKor to d~.ly, prumF~,I~ :~.~d t•-~G•• p~~tc~rTn, d:9ihn~Fr, rx~Cl~'.r. ~ff <:t. to:r.~.~c:e,
cui.iply •..~U~ a~d ~b:c.: ty eacD tcnd e•ory ?he st~pui:.t~~,:~~. e~~reemeat~. c~:~d~s~r.a ar..t covenan;a o! ~w:1 prrm:3-
•~.iy r.~..P, arnt thi~ rr.oriki~e. ~.ny or eitn~r, x:.-1 ~.~!i fA~~o, ~l..r,^.e~ r_nd er.p<n~e~, ehch a:~d e•rrr}. ~:~n.l ar fm-
r.:r..:~-.:.-iy •~a~ x:~•~ pa~'a~.r, k:~>th-: nr ho2 ihrrt ?~C r.o'~rr. d~•m.~m:. a::~mpt to ruItccc ur ~ult pen~snt;: R.~d thd
f:~ll nrnount of each wn.i ev~ry ~;,ch p~}r.:rnt eh~ll Drir inte~r±i lrom tho data the~eot unill pztd at the r~ic rf
t!n per c~ntum p•r s.~num; nnd w:l e.~!d co~t~~, tharj;!~ and expen~es no Incurred or pnl~ togrther w1tA s~ch la-
t!rea:, nhw!1 De n!cvreA ~y ths Ilrn ot th!~ mor'};a~;e.
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_ eoo~276 Pas~ 8~
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