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. and shall deily, prompU~ and fuLy perlorm, di~charge, execute. etfrct~ comptet~, .:ompty a.itTt and abide Dy each
and everp the stipulation.s, abzeement9, conditioa9 and cbvenanLs oE said prom~s~ory note and ot thi~ inortgage~
then tti~ mortgage and the estata hereby crca[ed shall ceaue and be null and roid.•
It i~ understood that each of the ~vordj, "note," "mortga~oe" and "moRgagee" re,p-cti~•ely znd the pron-
ouns referring thereto, whether in !he sino lar or pl~ra~ anywhere in tt?Is mortgage, ahsll be 9ingular il one ordy-
and ~2~a11 be plural joinily and saverally, it more than one, and shall be masculine, teminine 2nd/or neu;er, wher-
erer the context so Implies or admits. . ;
~ Md aaid biortgseor tor him~eit ar.d hi~ Aeirs, legal representaG?ea, succe~9or~ and e99iga9, hereby covea- ~
~ anb ann agree~ to and wtth said Diorigagee, his legsl sepre~enta4ves, successors and aas;gn~:
~ ~ -
' 1. To pay aL and singular the pr[rscipal and ir.tere~t and the vasiow end sundry sums of monty payaLle by
~ virtue of said prar.us~ory note, and thi~ mortgage~ each and every~ promptly on the day~ re~pec4vely the sac:te `
; aeveraIIy brcoma dw. ~
~ Z. To pay a11 and ~inoular the taxe~, asr_ssmens, leviee, liab;litie~, obiigation~ arid lncumbrance~ o[ every
E nature and kind now on said descriDed ro ert artd/or that hereaf[er ms b~ im
p p y, y po~ed, suf[ered, placed, Ievied
E or asse9~rd thereupon, cnd/or that herratter may be lrvied or asseseed upon this mortgage and/or the indtb[ed-
; ness ~ecured hereby, each and every. when due and payable according to lu~v. De[ore they become dclinquent,
~ and betore any Intere~t attachea or any penalty is incurrrd; and in sa ta~ a9 any [herrot i9 ot record the same ~
~ shall be pr~mptly satisfied and discha oed ot record and the original ofticial document (such a~, fo- uutance
:he tax receipt or the sati9taction paprr ot[icially en~orsed or certified) ~hall be placed 1n the hand9 of ssid i
~ btortga~ee within ten day~ next after psyment; and in th~ event that any thereot is not so paid, sati9[ied end
~ dischargrd, said DLortgsgee may at any time pay the same or any part thereo: v~ithout ~vai~:no or a;tec:i~~
any op[ipn. 16en, equity or r:ol:t undtc or D;; ~-irc~r o! t~~s mori~ z~e, Y~:d Lh> full em~e:.-tt o! e~ch and er•e:~
~ suc:~ paymen[ shail be imrrsed?ately due s~d pa~ab~e an~ shall brar iateccs[ [rum the dlte the:eof unti? paid
~ at the rate ot ten per ceniurn per annum ancf toorthPr ~vith such intere~t shall bP securrd by the lien o~ thi~ '
mortgzge. ~ '
~ 3. To place and continuoasly ke~p on the buildin~a now or here~[ter sttuate oa 9aid land firr snd ~vi~ds,or~
~ L-?sursnce in the usual standard Folicy fnrm, in a sum not les9 than 5........MaX~_;m~__________..._____.___, In auch coro- ?
~ pany oc cn:np^1:es as may bs aparoved bp s~ir? I~!nrt;,•a~~e; an~l all such insurance p~licio3 oz r~~ o'. s~i1 b3i?d- '
~ i:;;3. :e::~ in!~rest thetei~ or ~art t:~~reof, i~ th~:p;f;:2;~.i:n s~ir.~ a[or?a?i~! or i:t e:r-rys tt~~:e~', s`;z:i eont~in ih~ =
w:ial s:andsrd niori~aget ciausr m'skin~ the 1~„s ur.~lrr s:iid pul~cirs, each and every', p1}•able to snid ?.torto~... '
~:ee as hii interest may appear, an;t each ar.J e~•e:y su~ R pnticy ~hall be promptly deiirered to nnd held Dy said
~ ?.Iort~;atire; znd, not lrs~ than tcn day9 in ad~'ar.re nf tho expiration of each ~l:cy, to cleliver to s:?id btnrigagee ~
~ a rcne~val thrrrot, to~rther tsith a receipt tnr tha prr:nium nf a:i~ h rvr.ewal: nn~3 thrrc ~h^1! Le no SteCR insu;-
~ ance pllcrd on xny o: said Du~li~ir.~s, any ~nterr~t therr:n or pa:t ttien~.~[, unle~s i:~ the fo~m t+nd ~ti3th the I033 ~
' payaLle as ato:esaid; anct in the et~nt :uiy sum of money becomes plyable under s~sch policy ur policiea ssid
' biort~;a~ee shall have thr opti~~n to recei.•e and apply the ~~me on arcount of the iadrD!e~'.nes~ sPcured hereAy or %
~s to permit szid T•tor[~agor to rrcefvc ~n:t usr it or a~y plrt ther:u' for ot}:er puri~~,5~v witTiuut tl:errb~ r:r.i~;ng ~
or impairin;; any equity, lien or ri; ht ur.~!•~r ur by ~-irhee of U~iy mort,;a;;e; xnd in the e~ er.[ snid ~So: t~,~~;o- ~h.~ll
f~r attiy r~as~:~ [ail to keep the S:t9d pr••mis~s sn in•-ur~d. Or tail to d~~tiver p:o:n, tly n~y of s+:c! palecie~ oL ~
ins~rlnce tn s ~Y~! :.to: tti:~~.•e. .or ta~l pramptly to p:~y [~~Sly any premiam thrrefor, or in r_ny reg, ~ct fnil t~ per- 2
~ [urm, discharj-r, er.ecu,e, efhrct, eo:np!P;~, cn~r.ply u~tr ._nrf ntii,l._ b~• [T~ir~ eurer..-.n.~ or nny part h!ren!, s~i's:l ~!~-t~;- `
' e~ee rnay p1-~ce P_nd pzy frir SuCh invuranc~ or ~~y part Ihvre^f vriihnu*. vrtivin~ t.; aC:trrtin~; criy op:iun, L•P:?,
- eqi:ity or r:F;:~t unc!er or b~ ~irtue u' this nnrt;•a;-~, an~! th~• f~~ll .~~:~~:~nt a! c:~ch lnrt e~•erp :.~~ch pay-rr:•r^t shzU ~
" Dt tmme~t:.t'_rlf c:~~a nrnl pn~•able anJ s~:+i! b~•kr ia'••rr.t lr~~m th~ t11te tt:e:~o[ untll p1i~1 nt t'.~e raie ot te~ F~e:
_ eentum p~r xrtnt~m nnd t~~;eiher ~viih ~~ch Int~•re~t 9`~111 be 9rcurCd by fhe lien of thls mo:tf;a~a.
i. To ~~rrcilt, ~o^:r~Et or s~~!(.-r r.o ~~:ai;r, ~rr:, :iirmer.t or dct~rlr,:l;iun of ~%ilrl pro; e: ty ~r eny- pz:~ tnerPo!.
- G_ Tu p:s~ r_it an~ :~inp,^~1or the to~t~, char~ej nnd ex; en9•_~. inclu~l~n~ rravonz`il± I~r.:-}•~r'a f•~rz ur..i ce3t o!
a..~!r.~~ tv ot t~!1•r, Incu.-r~el or ~•:?i! ai eny tlme by s:?1~1 '.f~~..~;n,•-~c bPcau3r anet~or 1~ Lhr e~•en' o: f11!J:e
oa th~ p:?rt o[ :F.e snf~! 'IurtF~a~;~~ tn rl~cly, prnrnr;ly Tn,1 h_~!y p+rir.r.n, d:qchxr_•.•, eL~•~::!~-, ~~.•.ct. c^-ns
a` tomnlY ttiit't nrn! RDtde LV P3~:1 r.rui r~~ry th~ ~ttaulaiin~~, r.~n•rmrat~, coad:[I~aa t:r.~l [:r~~r~n;~ o[ ~:?:d ~?:nm!v-
~ Rory n~;o, r.n.l tni~ rnortf:ai,., Rny or eith~r, nn~l n:a1~1 ~~~t~, ct::tr;;e• nn~t expPno~., PrICTI am1 ~vrrt. ~hntl L~ ;r~-
~ tn!~liatrly i'~:~- an~l ~raya5!~, wheth+r or n~[ tr+re b+ nn':^., c;rr~tnd, 8!~~mpt to co'f~c; or ~u(C p•n.!:n;~: a~ct L'~e
~ f~dl wmnunt t~! rnrh n.~erf ev!t^~ s;uh yar^-ernt s`~atl t~~.u i:etr~r.t from tt:n d.iie th•rtnf t:nt!! pt!d at t~! rwie of
y" tcn per e~•n,~:m p~! /~r'.11UC1; Ar, j A:i 4~~~: c~~'~, e•'~{r~,roa hn•1 ~x~~•^~~~ e~n tacurrrd ~~r p11~2, tu; r;rrr v~:t2~ asett [a-
tere~t, ehyl T.e nrcurer: Ly tRe IS-n of t:t~ r..or:ga~;e. s
Y~- BooK 281 P~~E 771 ~