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and shall duly, promptly and fully perform, discharge, exPCUtP. eifeet, complete, ~-nmply with and abide by each
and e~cr~ the stipulauons, agreements, condtliuns and covenants ut s:ud pmmis~•~ry note and nt ttus mortgage,
then this mortgage and the estate hereby created shall cease and t,e null aria :•nl~l
It ~s understood that each of the words. "note," "niortgal;or" and "mortgal;ee" rcypectively and the prop-
ouns referring thereto, whether in flit singular or plural anywhere in flits mortgage, shall be singular }t one only 1
and shall be plural jointly and-xverally, i[ more than one, and shall be mavcuLne, tem~mne andror neuter, whe~-
ever the context so implies or admits.
And said Mortgagor for himself and his hers, legal representatives, successors and a.'signs, hereby coven- -
snts ano agrees to and with said Mortgagee, his legal representatives, successors and assigns:
1. To pay all and singular the principal and interest and the various and sundry sums of money payable by
virtue of said promissory note, and this mortgage, each and every, promptly nn the days respectively the same
severally become due. >
2. To pay all and singular the taxes, assessments, levies, liabilities, oDligat~nns and incumbrances et every ,
nature rind k?nd now on said described property, and'er that hereafter may be imposed, suffered, placed,. levied ,
or assessed thereupon, andior that hereafter may be levied nr assessed upon this mortgage and or the indebted-
mess secured hereby, each and every, vrhen due and payable according to law, before they become delinquent,
and before any interest attaches or any penalty is incurred: and ~n so [ar as any thereof is of record the same
shal{ be promptly satisfied and discha erd of record and the original official document !such as, for instance,
:hP tax receipt or the satisfaction paper officially en~torsed or certifiedt shall be placed in the hands o[ said
~iortRagee within ten days next after payment; and in the event that any thereof is not so paid, satisfied and
e discharged, said Mortgagee may at any time pay the same or any part thereof w"ithhut waving or affecting
any optibn, lien, equity or right under or by ~•irtuP o[ this mortgage, and the full amount of each and every
such payment shall be immediately due and payable' and shall bear interest [rom the date thereo[ until paid
at the rate of ten per centurn per annum and together with such interest shall be secured by the lien of thin
mortgage.
3. To place and continuously keep on the bwld~ngs now or hereafter situate on said ]and fire and windstorm
insurance in the usual titandard policy form, in a sum not less than s 27~ !n such com-
pany or comp' airs as may bP apprm•ed by sas~l 1?lnrtl;ag~ e: :,n l all ouch insuranre pnLcies on any of said build-
ings, any interest therein or part thereof, in the agar. Fate sum aforPVaid or in excess thereof, shall contain the
usual standard mortgagee rlausP making the I~..~ ur.dPr said policies. each and every, payable to said 111nrtga-
RPe as his interest mat, appear, and Pach ai:d P\•P: y srn h policy shall he promptly dPln•ered to and held by said
lilertgaRee; and. riot less than ten davs in ad:•ance of the Pxpiralinn of Pach pehry, to deliver to said MertRaRPe
~ a renewal thereof. tnQether with a receipt tnr the premium of sn~h r•nPwwl: and there shall bC no such insur-
ancP placed nn any of said buildings, any interest therein nr part thereof, unle4s m the form and with the less
pa~•ah1P as aforesaid; and in the e~•Pnt any sum of money becomes payable under such peUcy or policies said
Mortgagee shall have the ~ptinn to rPCervP and apply the same nn acrount of the indebtedness secured hereby or
to permit sa;d ~inrtRager to receive and use it or env part thereof !er other purposes without thereby waiving
or impairing am• equity. lien er right under nr by virtue of this rriertgaRe: and in the event said Mortgagor shall
- for any rPas~n fail to keep the said pr~mwPS sn inaumd, nr tail to deliver promptly any of said policies of
insurance to saul 1ltnrtFaRPe, er fail promptly to pay fatly any premium therefor, or in any respect tall In per-
" form. discharge, execute. effect, complete, comply Kith and abide by this covenant, or any part hereof, said Mertg-
ri ageP may place and pav for such insurance or any part therent without waiving or a(tecting any option. lien,
egwty or rght under nr by virtue of this mortgage. and the full amount of each and every such payment shall
k be Immediately due and payable and shall bear interest from the date thereof urtll paid at the rate of ten per
centum per annum and together with such interest shall be secured Dy the lien of this mortgage.
4. To permit, commit er stiffer no waste, impairment or deterioration of said property or any part thereof.
6. To pay sU and singular the costs, charges rind expenxs, including reasonable lawyer's fees and cost or
abstracts of title, Incurred or paid at any time by said Mortgagee because and~or in the event of the failure
on the part of the said Mortgagor to duly, promptly and fully perform, discharge, execute, effect, complete.
comply with and abide by each and every the stipulations, agreements, conditions and covenant of said promis-
gory note, and this mortgage, any or either, and sold costs," charges and expenses, each and every. shall be Im-
mediately due and payable, whether er not theta be notice, demand, attempt to collect or salt pending: and the
fill amount of each and every such payment shall bear Interest [rom the dab thereof untU paid at the rate of
ten per centum per annum: and all satd cwt, charges and e:pensas so incurred or paid. together wrlth suet in-
terest, shall De secured by Ne Ilea of this mortgage.
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