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1. To pay all and ringular the principal and interest and other sums of money payable by
virtue of said promissory note- and Chia deed, or either, promptly on the days respectively tha
same severally become due.
y. To pay all and singular the taxes, aaaesamenta, levies, liabt7ities, obligations, and encu~n-
brancea of every nature on said described property. each and every, and if the same bs not prompt•
iy paid the acid Mortgapes~ their ti.K,':~ gal repreaentativea or assigns, may at any
time pay the same without waivrng or of
f
eeting the option to f
orseioae or any right hereunder,
and every payment ao made shall bear interest from the date thereof at the rate of lOX per,
cent. per annum.
J. To pay all and singular the costa, charges and expenses, including lawyer's fees, reason.
~ ably incurred or paid at any time by said Mortgagee S, their lira, legal rspreaentativea
or assigns, because of the fat7ure on the part of the said Mortgagor
S , their ~g~
representatives or assigns to perform, comply toith and abide by each and every/ tha atipulationa,
agreements, conditions and covenants of said promissory note- a»d this deed, or either. and
~ every such payment shall bear interest from date at the rate of~.OX-- per cent. per annum.
4. To keep the buildings now or hereafter on said land insured in a sum not leas than
-waived- T~dlars, in a company or companies
to be approved by said Mortgagee
S ,and the policy or policies held by and payable to said Mort-
gagee_~, their heirs, legal representatives or assigns, and in the event
any sum of money becomes payable under Such policy or policies, the Mortgagee
S ,
li their heirs, 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
S to
receive and use it or any part thereof fcr 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 ahaA beat interest from date at the rate of 10% ~
s. - 4
per cent. per annum.
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5. To permit, commit or suffer no waste, impairment or deterioration of said property. or any
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part thereof . I
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I s. To perform, comply urith, and abide by each and every the stipulations, agreements, con- j
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~ I; ~ ditions and covenants in said promissory note-, and in this deed set forth.
7. If any of said sums of money herein referred to be not promptly and fully paid within i
30 gays next after the same severally become due and payable, or if each and every the i
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stipulations, agreements, conditions and covertanta of said promissory note- and this deed, or ~
either, are not fully performed, compiled zoith and abided by, the said aggregate sum mentioned ~
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in said promissory note- shall become due and payable forthwith or thereafter at the option of
~ s their ~
the Mortgagee-, l~+.rs, legal representatives or assigns, as fully and completely
as if the said aggregate sum of TWENTY SIX THOUSAND FIVE HUNDRED ~ 00/100-- rtnllars were ~
originally stipulated to be paid on such day, anything in said promissory note- or herein to the
contrary ~wtwithstartdsng.
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s have hereunto set their
li'V WITNESS WHEREOF. the said Mortgagor-, ~
hand s end seal s the day and year first above written. ~
(Seal)
~ Signed, sealed and delivered in presence of us:
EDWARD W. BOLAND
e
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~J } NAN BO D (Seal) !
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~ ~ i~r• l~n~rr/!!lr711 ~'1"i~'dl'~,~ f't' Prap~~,-,~ b,,.
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