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a1 aaMl'rMctpal and htarest twee atatll /arthwMh baesMaa race aad'ay~ at tha apien d tha hetdae of this seta.
Mh, the awaMere;, awetlas. andetaan and SuarMnaa d this neM, handw swa?alyr waM P~~ to parnnM. notice of na~paywa>ttt, pntNat and
nNle» aR M'MMt. aced d reMiOiM auM ~ ~ /MM thawM, and oonsan that Nan of payinant reap ~ axtadad wirhaM notice thsreoi is
gay et tln autaUsa of fhls asaw
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aN assts d wN eeSaeNq, Indrieeg • haaMwrtla altanaya lace.
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~ M atthar d w, now a IwedMr M lea oaasasalow at p derMO the tiena this neN raa~ains unpaid, and bataa a attar entwtip hansst asay apply tha
aarna M this a any atltar daM a (WMMtIM of aNhar of w to aaN baalt, dw a to baoania duo. tsivan under tM hand and anal d aad+
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P. O /s/ William W. Jd~i~leoa rs..n
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aced shag duly. prompdy and fully perform, diachat~e, raacaot', tiffict, exmsplece. comply with and abide by each and every _
the sdpu4dons, agreements, condidoas gad covemats of stdd promisaosy tsoot and of this mortgage, then this mortgage and
. the estate hereby stated shall cease and be null gad void.
~ It b understood that each of the words„ "torte; , "mortgagor" gad "mortgagee.. respectively cell the pronouns referring
C thereto, whether is the singular or plural anywhere in this mortgage shall be singular if one only gad shall be plural jointly
{ and severally, if more than one, and shall be masculine, femiairte and/or neuter, wheret?er the contest so implies or admits.
E Aod said Mortgagor for himself and his heirs, legal representatives, successors gad ::signs, hereby coveaaats gad agrees
to and with acid lortgagee, his legal reprexentadvea, sttcceasors and aasigas:
i. ?o pay all sod singular the principal and interest and the various and sundq sums of money Payable by virtue of
said promissory note, sad this mortgage, each gad every. Promptly on the days respectively the mme severally become due.
2 To pay all and singular the taxes, assessments. levies, 1Lbilitiex„ obligadott: cell incvmbrances of every nature and
kind now on said described Property. and/or that hereafter may be imposed, suffered, placed, levied or saeesed thereupon,
and/or that hereafter may be levied or aaessed upon this mortgage and/or the indebtedness secured, hereby each and every,
whey due gad payable according to 4w, before they become delinquent, and before any interest attae:he: or say penaley is
incurred: aced in so fu s; any thereof is of rexord the same shall be Promptly seidsfled gad discharged of record gad the or-
iginal official document (such as, for instance, the tas receipt or the aad:ficdoa paper officially endorsed or certified) shall
be placed in the hands of acid Iilortgaaee within ten days next after Payment gad in the event that any thereof is not ao
paid, saddled gad discharged, said l~[ortgsgee taay at any ti>~ pay the same or any part therof without waiving or affect
lag air opdon, lien, equIg or right under or by virtue of this mortgage, and the full amount of each and every such pay-
ment shall be immediately due and payable and shall bear interest from the date thereof until paid at the ttte of ten per
centum per annum a~ together with such interest shall be secured by the lien of thin mortgage.
3. To place and continuously keep on the buildings now or hereafter situate on said sand fire and windstorm incur-
ance in the usual snadsrd policy form, in a sum got less thaw the highest insurable value, in such company or companies as
may be approved by said Mortgagee-, and all such insurance policies on any of said buildings, any interest therein or part
thereof, in the aggregate gum aforesaid or in excess thereof, shall contain the usual standard mortgagee clause making the
loss under said polkies, each and every, payable to said Mortgagee as his interest may appear, and each sad every such policy
shall be. promptly delivered to and held- by said Mortgagee; and, not less than ten days in advance of the expiradoa of each
policy. to deliver to said Mortgagee a renewal thereof; together with a receipt for the premium of such renewal; and there
shall be no such insurance placed on any of acid buildings, and interest therein or part thereof, unless in the form and with
the loss payable as aforesaid; and in the event gay sum of money becomes payable under such policy or poUcies said Mortgagee
shall have the opdon to receive and apply the same on account of the indebtedness secured hereby or to permit said Mortga-
got to receive and use it or any part thereof for other purposes without thereby waiving or impairing any equity. Lein or
right under or by virtue of this mortgage: and in the event said Mortgagor shall for any reason fail to keep the said premises
so insured. or fail to deliver promptly any of said policies of insurance to aid Mortgagee, or fail promptly to pay fully any
premium therefor, or in gay respect fail to perform, discharge. execute. effect, complete, comply with and abide by this cov-
enant, or any part hereof, said Mortgagee may place and pay for such iruuraace 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 such
payment shall be immediately due and payable and shag bear interest from the date thereof until paid at the rate of ten
per centum per annum and together with such interest shsA be sexured by the lien of this mortgage.
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