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~rQtt~p~t ~~1U~1J~~ tluit if 8aic~ JKort~a.~or ahall pa~/ unto the said .1Kort~a~ee
tlr~ certuih prnmiasory note, u~' w/~s~ch the follo~vi~a~ in words and Jt,~'ccres i8 u trice copy,
to wit:
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SEE ATTACHED ~
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a»ct shall perjo~»a, co»rplJ u~ith a~id abicle bJ e~ch and eLery the stipulations,
a~reements, condition~ and covenctnts of sdid promissory note a.nd of this deed, then
thi,a deed cartd the estate hereb~ created shall cease and be nult dnd void.
` ,~1t~1 the sa,id JElortga~or hereby coaenants and a~rees:
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~ .1. To pay all and sin~tu,lar the prin.eipal nncl intprPSt and ~thPr sums ~,j money
payable bJ virtue oj sai~ psom.is.s~~rJ notQ ancl this ~lePd. or either, pronrptlJ ~~n the
~ days respectzvely the sanae severalty conze clue.
~ Q. To pay all a~ul sin~ular t)te taxes, assessments, lec~ies, liabili.ties, nblisations
~ an.d encum8rances of ever~ nature on saici described p~opertJ ea~h and every, and
~ if the Sucme be not promptly pa,id the scaid .hfor~t~ccgee m,ay at any time pay the 8aine
without wu,irring or af~'eetints the option to foreclose or any right hereunder, and eaery
pcLy~nent ao ntccde shall bear interest from the date thereof at the rcate of 10~
per cent. per annum.
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J. To pay a11 and sin~ula~ the costs, chargPa an.~l expenses, includin~ lawJer's
fees, rea,sonaebly ineurred or pcaid cct any time by sctid Mortga~ee because of the failure
~ on the part of the s~tid .1Kort~'a~or to perform, compty uzth and abitle by each a~td
~ every the stipulations, d~reements, conditions and covenarrts of' said promissorJ note
~ and this deed, or either, and every.such payment shall bear interesG from date ctt the
~ rate of 107. per cent. per annum. .
~ To keep the buildin~ now nr he.reajtcr on suicl lund i~rsured in a sum not I
~ lesstlu~n its highest insurable value---------------------------------
~ Dullurs, in a companJ or c~»npanies to I
; b~ dpproved by. said JKortga~ee, and the polic~ or policies held by und pc~ccyo,ble to sacid
~ JKort~ct~ee, and i.n the event any sum of mono~ becotnes payable under such policy or
~ polieies, the .1Kort~ct,~ee sluall have the option to reeeiae and appty the same on accaunt
~ of the indebtedness hereby secured or to permit the :1l~ort~a~or to receive dnd use it, or
acny pcart thereof, for other purposes, wi`hout theretty waivan~ or irrLpairin~' any equity
li,en or right under or bb virtue of this mort~a~e, and m.ay plcece ctnd pay for such
inaurdnce or dny part thereof, without u~caivtng or af~eetin~ the option to foreclose or
: ccny right hereunder, acnd each and every such pa~yrrient shacll bear interest frnrra date
~ at the rc~te of 10~ per eent. per ccnnum.
~ : aoo~~~1 oACt 2244