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1. To pay aA and singular the principal and interest and other sums of money payable b1?
virtue of acid promissory note, and this deed, or either, promptly oK the days reapeatively the _
aame aeveraUy become due.
t. To pay aU and singular the fosse, asseaamsnts, levies, iiab~Tities, obligations, and enouna
brancea of every nature on said described property. each and every, and if the awns be not prompt.
ly paid the said Mortgagse;~ their kgai representatives or assigns, ~l at cqq?
tuns pay the cams without u~aivmg or affeoting the option to foreclose or any right hereunder,
and every payment so made shall bear interest from the dots thereof at the rats of lOZ p,+.
cent. per a~aaan.
J. To pay all and aengular the coats, ch~a~gsa and espenaea, ittclxding lawyer's fees, reason-
ably incurred or paid at any time by said ~[ortgagee
s., their ~.~.s, leggy ~p~•esentativu
or assigns, because of tha fas'lure on the part of the acid Mortgagor. S , - their
representatives or assigns to perforM, comply udth acid abide by each and every .the stipulations
agreements, eorulitiona and covenants of acid promissory notes and Chia deed, or either. and
every such payment shall bear interest from dots at the rate of_1,pX._ per cent. per annum.
4. To keep the bu~Tdinga now or hereafter on said land insured in a sum not leas than~._.._.
-waived- noilara, in a company or companies
to be approved by said Mortgagee., and the policy or policies held by and payable to said Mort-
gagees, _ their hairs, legal rspreaentativea or assigns, and in the event
any sum of money becomes payable under such policy or policies, the Mortgages.
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their heirs, legal representatives or assigns, shall have the option to receive and
apply the aame on account of the indebtedness hereby secured or to permit the Mw•tgagor.~. to
receive and use it or any part thereof for other purposes, urithout thereby waiving or impairing
any equity, lien or right under or by virtue of this mortgage, acid may place and pay for ouch
insurance or any part `thereof without waiving or affecting the option to foreclose or any right
hereunder, and each and evsty such payment ahaA beat interest-from date at the rate of lOX
per cent. per annum.
S. To permit, commit or auf
f er no waste, impairment or deterioration of said property, or any
part thereof.
6. To perform, comply unth, and abide by each and every the atipulationa, agreements, oon.
ditiona and eovenanza in said promissory note--, and in this deed set forth.
7'. If any of said soma of nwney herein referred to bs not promptly and fly P~
30 artys next after the same asveraUy become dos and payable, or if each and every the
stipulations, agreements, eonditiona and covenants of said promissory Hots-. and Chia deed, or
either, are not fully performed, complied with and abided by, the said aggregate sum mentioned
~ in said promissory note., shaA become dos arul payable forthwith or thereafter at the option of
the Mort s their
I gages--, , kgai representatives or assigns, as fully and completely
~i as if the said aggregate sum of QTY SIR THOUSAND FIVE HUNDRED ~ 00/100-- were
originally stipulated to be paid on ouch day, anything in said promissory note, or herein to the
contrary notwithstanding.
IN WITNESS WHEREOF, the said Mortgagor
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, have ~•,e~~ set their
hand s rtnd seal s
the day and year first above written.
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Signed, sealed and delivered in presence of us: l ~ ~ ~ ('Sea1)
ii ~ EDWARD W. BOLAND
(seal
NAN BO
a~c~ PIGEZ~2Re-Reco~,
lrt• llt~lr~irn~'ltl Sri ~,rrr~l f~~~:
/ f _ Pnep~rcd by:
. ~~/~r~:~~ LiY/fCnCL E. i,;~riii~n ' ~t~
~U P4Gf~~~
~ P. O. Box 938
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