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1. To pay all and singular the principal and inteieat and other sums of money payable
by virtue of said promissory note- and thin deed, or either, promptly on the days respectively
the same severally become dne. _ _
2. - To pay all and singular the fazes, asse=ssments, levies, liabilities, obligations, and
incumbrances every nature on said described .property, each and every, and if the same
be not promptly paid the said Mortgagees { ti~~~a-~'aeisz, 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 thereo! at the rate
of ~ 2 per cent, per annum.
3. To pay all and singular the costa, charges and expenses including lawyer's fees,
reasonably incurred or paid at any time by said Mortgagee.~#s,~ ~egal representatives
or assigns, because of the failure on the part of the .$sid .Mortgagor, its sncceasors, legal
representatives or assigns, to perform, comply with and abide by eacb and every the stipule- ~
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 of ~ 2 per
cent, per annum.
9. To keep the buildings now or Lereafter on said land insured in a sum not less than
highe=~ insurab?
a value Hollers, in a company or companies
to be approved by said Mortgagee-, and the policy or policies held by and -payable to said
Mortgages
i~~ m~'4-~?~irs, legal representatives or assigns, and in the event any sum of ~
money becomes payable- under such policy or policies, the Mortgagees successors imia,
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 ';F
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 affecting the option to foreclose or any right hereunder, and each
and every such payment shall bear interest from date at the rate of 12 per cent per annum.
6. To permit, commit or suffer no waste, impairment or deterioration of said property
or any part thereof. '
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6. To perform, comply with, and abide by each and every the stipulations, agreements,
i
conditions and covenants in said promissory note-, and in this deed set forth.
If any of said sums of money herein referred to be not promptly and fully paid
within U 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
this deed, or either, are not fully performed, complied with and abided by, the said aggregate
sum mentioned in said promissory note-. s~ due and payable forthwith or there-
after at the option of the Mortgagep~#.;~.~ legal representatives or assigns, as
fully and completely as if the said aggregate sum of Fnrty '1~?rs~sand and O~f100
~a~,11~~-~~ dollars were originally stipulated to be paid on such day, anything in said -
promissory note- or herein to the contrary notwithstanding.
IN WITNESS WHEREOF, the said party of the first part has caused these
presents to be signed in its name by-its
(Corporate President, and its corporate seal to be affixed,
(Seal) attested by its ~ecretaiy the day
and year above written.
Attest:
Secretary.
Si , sealed a elivered in the presence of : Cosrros 1 in Associates, Inc. s
7
President.
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