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1. To pay all and singular the principal and interest and other sums of money payable
by virtue of said promissory note- and this deed, or either, promptly on the days respectively
the same severally become due.
2. To pay all and singular the taxes, assessments, levies, liabilities, obligations, and
incumbrances of every nature on said described property, each and every, and if the same
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be not promptly paid the said Mortgagee, their heirs, legal representatives or assigns,
may at any time pay the same without waiving or affecting the option to foreclose or any right
hereunder, and every payment so made shall bear interest from the date thereof at the rate
of 9 per cent, per annum. '
3. To pay all and singular the costs, charges and expenses, including lawyer's fees,
reasonably incurred or paid at any time by said Mortgagee, 'hP~ r legal representatives
or assigns, because of the failure on the part of the said Mortgagor, its successors, legal
representatives or assigns, to perform, comply with and abide by each and every the stipula-
tions, agreements, conditions and covenants of said promissory note- and this deed, or
either, and every such payment shall bear interest from date at the rate ofd-per
cent, per annum. -
4. To keep the buildings now or hereafter on said land insured in a sum not less than
full insurable value c in a company or companies
to be approved by said Mortgagee, and the policy or policies held by and payable to said
Mortgagee, their heirs, legal representatives or assigns, and in the event any sum of
money becomes payable under such policy or policies, the Mortgagees heirs,
legal representatives or assigns, shall have the option to receive and apply the same on account
of the indebtedness hereby secured or to permit the Mortgagor to receive and use it or any part
thereof for other purposes, without thereby waiving or impairing any equity, lien or right
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under or by virtue of this mortgage, and may place and pay for such insurance or any part
1 thereof without waiving or affecting the option to foreclose or any right hereunder, and each
and every such payment shall bear interest from date at the rate of 9 per cent per annum.
I 6. To permit, commit or suffer no waste, impairment or deterioration of said property
or any part thereof.
6. To perform, comply with, and abide by each and every the stipulations,. agreements,
conditions and covenants in said promissory note-, and in this deed set forth.
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~ 7. if any of said sums of money herein referred to be not promptly and fully paid
within days next after the same severally become due and payable, or if each and
every the stipulations, agreements, conditions and covenants of said promissory note- and
3 this deed, or either, are not fully performed, complied with and abided by, the said aggregate
s
sum mentioned in said promissory note- shall become due and pay able forthwith or there-
~ after at the option of the Mortgagee S , ~e~' heirs, legal representatives or assigns, as
~ Ei,~ty Zhausand ($80 ,000.00)
fully and completely as if the said aggregate sum of
dollars were originally stipulated to be paid on such day, anything in said
promissory note,... or herein to the contrary notwithstanding.
'::~••:~Ij~t _WITNE.SS WHEREOF, the said party of the first part has caused these
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3 • ~ ~ presents to be signed in its name by its
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(Corp'o~t~ President, and its corporate seal to be affixed,
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(Sea(} attested by i+s Secretary the day
, ~ . ^ • ~ and year above written.
Ate, - ~ ~ OOAS'T AERIE N0. 3582
3 tp _ .
~ - Secretary. FRATII~L OItD):R OF EAiGLE.S , INC .
Signed, sealed and delivered in the presence of
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1 ~ ~ C~~ / ert Clark, President.
~L~~JI ~LL Z tY'1~~~, J
t, ~3U5 ~ 2498 ~I *,~,d,_ CO„~,. ~
7%rs /~ulmarr~rd /rrr%~arrJl 1~~~: : -
THIS INSTRUMENT PF.EPARED 6Y
. 1 Jlilri'b GFIARLES R P '31Z~~ J
P. A !^Y !41H 3n. ~ cT
' •rrustees