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Copy of Promissory Note attached hereto and made a part hereof as
8xhibit "C" .
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and shall duly, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by each and every
the stipulations, agreements, conditions and covenants of said promissory note arrd of ehis mortgage, then this mortgage and
the estate hereby created shall cease and be null and void. F
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It is understood that each of the words, "note;' "mortgagor" and "mortgagee" respectively and the pronouns referring t
thereto, whether in the singular or plural anywhere in this mortgage, shall be singular if one onl}' and shall be plural jointly
and severally, if more than one, and shall be masculine, feminine and/or neuter, wherever the context so implies or admits.
And said Mortgagor for himself and his heirs, legal representatives, successors and assigns. hereby covenants and agrees
to and with said Mortgagee, his legal representatives, successors and assigns:
I. To pay all and singular the principal and interest and tl?e 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 [axes, assessments, levies, liabilities, obligations and encumbrances o[ every nature and
kind now on said de-cribed property, and/or that hereafter may be imposed. suffered, placed, levied or assessed thereupon,
and/or that hereafter may be levied or assessed upon this mortgage and for the indebtedness secured hereby, each and every,
f when due and payable according to law, before they become delinquent, and before any interest attaches o- anv per?alty is
incurred: and in so far as any thereof is of record the same shall be promptly satisfied and discharged of record and the or-
iginal o[licial document (such as, for instance, the tax receipt or the sati•.faction paper officially endorsed or certified) shall
be placed in the hands of said Mortgagee within ten days next after payment: and in the event that anv thereof is not so
paid, satisfied and discharged,-said \lortgagee may at au}' time pay the same or any part thereof without waiting or affect-
! ing any option. lien, equity or right under or b}' virtue of thrs mortgage. and the full amount of each and even• wch paw
meat shall be immediately due -and payable and shall bear interest from the date thereof until paid at the rate o[ tcu per
~ centum per annum and together with such interest shall be secured by the lien o[ this mortgage.
3. To place and continuously keep on the buildings now or hereafter situate on said land [ire and windstorm insur-
ante in the usual standard policy form, in a wm not less than the Lirhest insurable value, in such company or companies as
~ may be approved by said Mortgagee: and all such inwrance policies on any of said buildings. any interest therein or part
thereof, in the aggregate sum aforesaid or in excess thereof, shall contain the usual stardard mortgagee clause makir?g the
loss under said policies, each and every, payable to said \lortgagee as his interest may appear, and each and every such policy
~ shall be promptly delivered to and held by said Mortgagee: and. not less than ten des}'s in advance of the expiration o[ each '
p~?licy. to deliver to said \lortgagee a renewal thereof, together with a receipt for the premium of sucL renewal: and these
shall be no such insurance placed on any of said buildings, any interest therein or part thereof, unless in the form and with
ehe loss payable as aforesaid; and err the event any sum of money becomes pa}'able under such policy or policies said Mortgagee
shall have the option to receive and apply the same on account of the indebtedness secured hereby or to permit said ~iortga-
gor 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 thic mortgage: and in the event said Aortgagor shall for any reason fail to keep the said premises
so insured, or fail to deliver promptly any of said policies of insurance to said Mortgagee, or tail promptly to pay fully any y
premium therefor, or in any respect tail to perform, discharge, execute, effect, complete, comply teeth ar:d abide by this coy-
enant, or any part hereof, said \lortgagee may place and pay for such inwrance or any part thereof without waiving or
affecting any option, lien, equity or right under or by virtue of this mortgage, and the full amount of each and every wch
payment shall be immediately due and payable and shall bear interest from the date thereof until paid at the rate of ten
per centum per annum and together with such interest shall be secured by the lien of this mortgage.
4. To permit, commit or suffer no waste, impairment or deterioration of said property or any part thereof.
s 5. To pay all and singular the costs, charges and expenses, including reasonable lawyers fees and cost of abstracts of
s title, incurred or paid at any time by said :Mortgagee because a/~ilo~ 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 covenants of said promissory note, and this mortgage, any or either, arrd
said costs, charges and expenses, each and every, shall be immediately due and payable, whether or not there be notice, de-
wand, attempt to collect or suit pending; arrd the full amount of each and every such payment shall bear interest from the
date tltereof until paid at the rate of ten per centum per annum: and all said costs, charges and expenses so incurred or paid.
together with such interest, shall be secured by the lien of this mortgage.
~ooK320 Pa~E2742