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~l'AU~~,1 ~8, that if said .Mortgaagor shall pal/ uAto tike said .Mortgagee
• the certain prornsssory mots, of which the following to taomia and ~itgurei is a true copy,
to wit:
4 .
s 1 ~ • ~ sT11AI1T, ilwitM. F r ~
FOB r~NE ttM swlM~. MOMIN TO lA11 h IM ot~ of
OOt,~11A~„ ~
at w urUl tNll~r ~IM~ ~ tlAi Ar14?
IrMS1M wrA? in Mme. h~elllr wi1A ttMMS~,t INtw ties n tiro tyM of .....~{~,~~I,r anaNw Ar attkww M tiles tel~eit MNt1w ttMN kltMMi1M. -
Tlr. a. ~tiw~t~M w.a tM ttrltt Mwa• 1 n quarterly payments of ;2 , 237.21, due 011 the ~ l
of each ~ ev th Qf t~ quarter, wi a ball n of t payment. ..The rs
~Iy payibent ~?ill be ti ~ y
quarter ue on or fore a 1, .
THIS OBLIGATION M1~lY BE .PREPAID AT ANY TIRE WITHOUT PENALTY.
11 do/t~iMl tto ntpo ter ~dilrs In tiro Wynwnt of ,ny rrrftaNmsnt Of prMNpal er int.raat Or ,ny tAw.pf. tM tivlrol. tort! !A!n rte! _
unpalA with iMNNt thaM N ho1Nr"t oNi0r1 tr/OOfM des Mw t1+YatMo wltAOUt rrotlq, F~wo to ursrcist wM eptltln t1r,l1 net • rrotvM sN !tl!?
n~At to oetrcit, tM t,rM Mr tM ownt of tllote~YMt t1t1/Mrit. Alcor matwify trout prlnclpol orr0 acanoe tANrNt o1NM MM tMe~Mr,~rp MMrr
sttnwn trttn tuW. TM rrt,lnrs am oMorMrs of tt+tt noto ttrrtrtor wsltro tNtrtatO. ttotip of nompynt,nt ant A . If MIS neN N Mt Mlp ftt nnttirll~
ana tM tMtt. Is pNgO ttrlth ,n ritprtpr for colNNiort. tM mMrNS ary onoegfrf~,lNtool to tMl pits of M.1eg1rM11p MI Ntet Mq aM -
?,MOet,QN MtOtMy fNS. ~ ~ 1
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and shall perjoim, comply with and abide by eseh and every the stipulations,
agreements, conditions and covenants of said promissory note and of this deed, then
this deed and the estate hereby created shall cease and be null and void.
.~lltt~ the said .Mortgagor hereby covenants and agrees:
.1. To pay all and singular the principal anti interest .and other sums of »wney
payable by virtue of said. promissory note and this deed, or either, promptly on the
days respectively the same severalty come due.
8. To pay all and singular the foxes, assessments, tevies, liabilities, nbligationa
and encumbrances of every nature on said described property each and every, and
if the soma be not promptly paid the said .Mortgagee may at any time pay -the same
without waiving or affecting the option to foreclose or any right heneurualer, and every
payment ao !made shall bear interest from the date thereof at the rate of ten
per cent. per annum.
y. ?'o pay oll and singular the costa, chargeR arui expenses, including lawyer's
fees, reasonably incurred or paid at any time by said JK'artga¢ee because of the failure
on the part of the Said Jortgagor to perform, comply with and abide by each and
every the stipulactions, agreements, conditions and covenants of said promissory note
and this deed, or either, and every such payment shall bear interest from date at the
rate of ten per cent. per annum.
To keep the building now or hereafter o» said land insured in a sum not
leas than full insurance value
Dollars, in a company or companies to
bs approved by said .Mortgagee, and Ehe policy or policies held by and payable to said
.Mortgagee, and in the event any sum of money becomes payable under such policy or
policies, the .JKortga ee shall have flu option to receive and apply the game on account
of the indebtedness reby secured or to permit the Jortgagor to receive and use it, or
any part thereof, for other purposes, wi.,hout thereby waiving or irtzpairing any equity
lien or right under or by virtue of this mort~ag'e, and may place and pay for such
insurance or any pacrt thereof, without waiving or affecting the option to foreclose or
any right hereunder, and each and every such pari/ment shall bear interest from date
at the rate of ten per cent. per annum.
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