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. 1. To pay all and singular the principal and interest and other soma of money payable by
virtue of said promissory note. and this deed, or either, promptly on the Jaya reapectivety the
same severally become due.
t. To pay aA and singular the tarsa, aaaeaamenta, levies, iiabditiea, obligations, and snoum-
brancea of every nature on said deaen'bed property. each and every, and if the same bs not prompt. - ~
~I ly paid the said ~[ortgayse~ts successors ti.~~ legal repreaentaNvea or assigns, mall at axtr ~
;I time pay the same ~oithout waivi~ or affeetb~ the option to foreclose or any rFyht hereunder,
arut every payment ao r•~!!de ahaA bear interest from the date thereof at the rate of
10 ~
*
cent. per' atgapa.
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s._ To pay aU and singular the costa, charges and expanses, including lawyer's fees, reason-
i~ ably incurred or paid at any time by said Mortpagee~s successors, legal rspreaentativea
or assigns, becauaa of the fas'lu~re oK the part of the acid Mortgagors.-., their' - Heirs, legal ~
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representatives or assigns to Perform, comply with and abide by each and every the ati'rpndationa,
!i agreements, conditions and covenants of said promissory Holt arui thin -deed, or either. and
every such payment shall bear interest from date at tha rate of 10 pm. per. at~nurnr
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4. To keep the buildings now or hereafter on said land insured in a sum not less than
~ highest insurable value nollara, in a company or companies
to be approved by said Mortgagee-, and the policy or policies held by and.payabis to said Mort-
ii gagee~.., its successors . legal repreaentativea or assigns, and in the event
any sum of money becomes payable under such policy or policies, the Mortgagee-, its -
successors sic, legal representatives or assigns, shall have tha option to receive and
apply the same on account of the indebtedneaa 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 under or by virtue of this- mortgage, and may place and pay for such -
insurance or any part thereof without waiving or of
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eeting the option to f
orecloae or any right
hereunder, and each and every such payment ahaU bear interest from date at the rate of1~_
per cent. per annum.
j 5. To permit, commit or auf
f er no waste, impairrrcent or deterioration of said property. or any
( ~ part thereof.
6. To perform, comply with, and abide by each and every the atipulationa, agreements, con-
' ditions and eoveriants in Said promissory note-, and in Chia deed set forth.
y. If any of said sums of nwney herein referred to be not promptly arul fully paid within
30 ~.ya 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 Chia deed, or
either, are not fully performed, complied with and abided by, the said aggregate sum mentioned
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in said promissory note- shaA become due and payable forthwith or thereafter at the option of
the MortgageeiL.g successors mss, legal representatives or assigns, as fuAy and completely
as if the said aggregate sum of $30, 221.94 doUara were
orYginally stipulated to be paid on such day, anything in said promissory .note- or herein to the
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contrary notwithstanding.
IN WITNESS WHEREOF. the said Mortgagor, have hereunto set
han~nd seals the day and year first above urritten.
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Signed, sealed a delivered ' presence of ua: ~ ~ (Seal) ~
T orre s ~
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c son ~
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~ • ~-eF~red by ~ Q (Sear
-/%c+ /~rcln~mrul ~~r~ fcdr~J ley: - _ . ,
- Mary is Reckson
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