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tOR VAIUf RfCE1VED, the undersigned, joint) .•nd sc :cr:.l'.y. PRUMISf 10 P.>Y to ti:~r ar ir•r of ;
t.l'nI't'E A . 'LA<?r:hAS anal I•~.~~KJO~l.L• a . ~.:.f~.Fk_AS + his :•n r ~ ,
!'t i.il' S I:' TNOL'SAND EIGHT HUNDRED S ZX?'Y A.N.' NC1 ~ s Ql) - - - - - _ _ _ _ _ _ _ _ _ - OOtlAf~S.
..1 p At lcltitic Blv~ . , Ft . I.auc3c'r~'.~l! c , I'•1:1. t or i~ t'~ T s• • tr Nrr h0`' •.r
',ertof may ~esinnate in writing together with inlcrest Irom ~~~7''~.'l ;t"" ~ t , l , ~ `
at the rate of 1 ~l per centum ear annv n on t~u• unpaid baiancr .,nti ma!~nty Th[" :~ti1 tarn r ri a d inter ~sr
. ,...1•;
t,c d.i[: and payable as follows: 'r- ~ ~i, •
c~ ^~``?.OC 1 .'1 Wit-
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ri r.rfavli 6e m+de fo 1 1 days .n ih~ a mrnt el n n • r s••w~nt o r• ru at ar J1 + " .
.nyar0 wAt. • tt shall ai holders option be[ome duv and p.rablr wnboor. opt a• l.•:Iv:e r.-r n•• w[F op•~o'c .k..R nrr•~yr. r,. . r.f ,
,y! . ro erer:n+ ! +amo :n Me evens of baeyuer+• default A1tr r • aNrN+ ho.h pr.n ppal .rrr..en ~~r•:.es+ :.aa• n• • .t ar
r r'^ .t
.,r arrn~~+ v^•.+ parr' T6+ ru a?ers anA e~So•+er+ of liu+ rite f. ,flier r..e 1 'cr.~+ ,i r•c a e.•[ ^n >vor-c. 1• n .te + -V+•
Ia[+d N~rh +n anorn; t~~r ,-.Ilr.r ,n me n.,i .nd~ ~ w. ,r :r;r .o par -s•. r+<.en 'id.^a rr
n u.d r!+e erne p ?
..•s +nd •enone ot• rHornrr ter+
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and shall duly, promptly and fully perform, discharge, cxeciitr rftrr•t, r•nniptetr, r•nniply with and abide by each
and eery the stipu:aaons, agreements, ronditu.:a anA covrnant~ of s:ud pn~mrs~•,ry note and of this mortgage,
thrn this mortgage and the estate hereby created shall cease and be null aria ~o:,!
It rs understood that each of the words. "note." '•mortgagoi' and "mortgagee" respectively and the pron-
ouns referring therrio, whether ?n the singular or plural anywhere in this mortgage, shall be singular it one only
and shall be plural jointly and severally, if mute than one, and shall tic ma_v[•ulrne. femrmne and'or neater, wher-
ever the context so implies or admits.
Md said Mortgagor for himself and his heirs, legal representatives. successors and a,sigrls, hereby coven-
ants aria 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 on the days respectively the same
severally become due.
2. To pay all and singular the taxes. assessments, levies, habihties, ob4gatinns and Incumbrances of every
nature rind kind now on said described property, and nr that herra(trr may be rmposrd, suffered, placed, levied
or assessed thereupon, and: or that hereafter msy br 1.•vied nr a st•ssed upon this mortgage and or the mdebted-
nrss secured hereby, each and every, x•he: dut std ;~ayabte accor~ling t~ law, twfore they bernme delinquent,
and b.•fore any interest attaches or any penalty iv rnrurrr4. and in so tar as any thereof is of record the same
shall be promptly saUshed and drschargrd of record and flit original official document !such as, for instance,
Lhe tax receipt er the satisfaction paper officially eminrw~d or [ertifirdr shall De placed !n the hands of said
Mortgagee vi~thin ten days next after payment: and in the event that any thereof is not so paid, satisfied and
discharged, said 111nrtgagee may at any time pay the same or any part thtrenf without wai~inR or affecting
any ophhn. lien, equity or r?ght under or by vutue of this mortgagr, and the tuH amount of each and every
surh payment shall hr immediately due rind payable and sh:itl bear intcrrst from the date thereof until paid
at the rate of ten- per crnturn per annum and tnt:eth~r vrith surh interest sham be secured by the hen of thu
mortgage.
3. To place and continuously keep on the burtd~n~s now or hereafter altuate on said land fire and windstorm
insurance in the u~ua1 aandard policy form, in a gum riot less than S I"IaXlIIl11ID , In such com-
pany or comp, :ir s as may br apprrrved by sa:.l ltnrt~a°. e. an l all tier h insinnce policies on any of said build-
ings. any interest therein or ,art thereof, in flit agcn•~att sum aforraaid or ir, excess thereof, shrill contain the
usual standarrt mnrr~ager rlausr mak,ng the lr:a unlr•r said pnhr:rs. each and every, payable to sand Dinrtga-
Ree as his interest ma}• appear, sins rash a::d rt"rr~• s:,r h pr~liry shall he promptly drheered to and held by said
ltlortgagre: and. not less than ern rtavs in ad:anre of the expiration of each policy. to deliver to said Mortgagee
a renr•val thereof. tot;ether with a receipt for the prtmuim n/ arlr-h rr•ntwwl- end there shall be no such insur-
ancr placed nn any of paid buildings. any intrn•st thrrrin nr part thereof, unhss in the form and with the loss
pavablr as aforesaid: and in the event any sum of mnnry bernmes payabh under snch policy or policies said
Mnrti;agee shall have the nptirtn to receive and apply the vamr nn account of the indebtedness secured hereby or
to prrnut 9R.d ~tnrt~agnr to rtceire and u~t it or any part thereof for other purposes without thereby waiving
or impairing an ~ equity. lien or right under or by virtue of this mortgage: and m the event said Mortgagor shall
for ar.~• rras~:1 fail to keep flit cart pr~nii.r•s so ineiirrd. or fail to deliver promptly any of said policies of
insursnct to said 11nrlga)'re. or fail promptly to pay folly any premium therefor, or in any respect tall to per-
form. discharge, execute, rffert, complete. comply with and abide by this covenant, or any part hereof, said Mortg-
agee may place and pav for such in.urance or any pert thtrenf without waiving or affecting any option. Ltn,
equity or rtzht uadrr nr by virtue of this mortgage. and the full amount of each and every such payment shall
be Immediately due and payable and shall bear interest fmm the date thereof unto paid at the rate of tin per
ctntum per annum and together with such Interest shall be secured by the lien o[ this mortgage.
4. To permit, rnmmrt or suffer no waste, impairment or deterloratlon of said property or any part thereof.
6. To pay rill and singular the costs, charges and expenses, including reasonable laviyer's flea and cwt of
abstracts of title, incurred or paid at any time by Bald Mortgagee because and~or In the event of the talltirs
on the pert of the said MortgaKor to duly, promptly and dilly perform, dlacharRe, execute, effect, complete,
comply vt:ith and aD1de by each and curry the stipulations, agreements, conditlona and covenant of said promis-
sory note, and thin mortgage, any or either, and sold costs, charge and expenses, each and every, shall be Im-
mediately due end payable, whether er not theta be notice, demand, attempt to collect or aWt pending: and the
full amount of each and every such payment shall bear fntereet from ilia dab thereof tintU paid at the rate of
ten per centum per annum; and all said cwt, charges and expettiw so lacurred or paid. tosether with suet In-
terest, shall be secured Dy the Ifen of Ws mortgage.
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