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~rAUidPd ~11UMJ~, that if swirl ,+1lartg'agnr shall pay unto thr• swirl ~'tfortgagee
the certain prar,tissorr~ note, a/' which the julluu•itzg in zrurds crud /figures is n true copy,
to wit:
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PROMISSORY NOTE
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RVAL~~FRFfr~VF.Qfhevn9crsigrr_dpromisesfopay!ofheordcrof 3?I,1~RI:I) C;F:NF MII,LrR of .
C,O~, T<~hi_t.i, -.Tensen ~r~actl, T`lor. i:3~1
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s.:!th ?r.!crc,"..^~c^~ a• tR9 ^ nt__ (j----- prr rr~' per ar,,u-t ••o~,'•,~ c~.~•a hC-con un';~ r,a•u•~•v. bo'h prin~ipa~ and fir.!^rest C^i^.9 P~Y~-F•t° ;i
+ + c.~ ~ti i ir,'r-est iv.,+!r:~~:. ,'a;',;.e~ ;as!nna•ti; l •m;
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r'•-; pa~:rc^ - s r. C a ~'rdf' s•'n tie .r. errs accrum '
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anct shall l,erjr,znz, r•nnzply with and abide by each and every the stipulations,
agreements, conditions and covenants of said promissory note and of this deed, then
this deed and the estute hereby created shalt cease and be null and void.
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llttd the said „Mortgagor hereby covenants anc~ agrees:
.1. Tr, pay ull and singular the pri.nr•ipal and in.t r'rNSt and r,thrr su»zs n/' money
payable hrf z•irtue rj said prnnzissnrzt nntr' and /his dv~'d, nr either, pmnrptlr~ n,z thF
daps resper•tirely the sa»re sezvrally r•r,mc' dree.
~ 4. Tr, pay al! curl sin~u/ur the taxes, ussessntrnts, lez•rr•s, liabiliti~•x, ~,h/icsations
and enr•tcntlirances of ez•erJ natrcre +,rz suid rl~sc•ribed property ea ••h and ez•~•ry, and
if the same Le not promptly paid the said ,,ilortg~tgee may a.t any time pay the saute
u+ithout uai.ving or a/~'eeting the option, to foreclose or a.ny right hereunder, and ez•ery
payment so made shall bear interest from t1~e date thereof at the rate of
per cent. per annum.
J. To pay all and singular the r!rsts, clrarg~•s anal exp~rzses, izzrdre.rling lazcyer's
fees, reasonably iitceerred or paid ut any time by said .1lfortgagee Lecarese of the failzere
' on the part of the suid .Mortgagor to petfrn•nt, complz~ with. and chide by each and #
everzJ the stipulations, agreements, conditions and cor•enatzts of said promissory note ,
and this deed, or either, and every such payment shall Lear interest from date at the
i rate of nine per cent. per annum. i
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{ To kr•r~p the huildin6 nrnc• nr hr'rr•al'tr•r r,zz suid land inszrred in rz sunz nr,t ,
If;ss l.itun
~ I Unllars, in a r•~,ntpany r,r ~•~+ntpani~•s to j
~ be approved by said ,-lfortgagee, curl tite policy or policies held by and payable to said
.Mortgagee, and in the event « ny sum of money becomes l,cryable under sccch policy or
policies, tire .Alortgagee shall have the option to receive curl, apply the same on urcount
of the indebtedness hereb7j secrcred or to permit the .hortgagor to receive and use it, or `
any part thereof; far other purposes, u~i'hout thr•rehy u•air~cn~' or impairing any equity
lien or right under or by virtue of this mortgage, and may place and pny for such
.insurance or any part thereof, ratthout waiving or afj'eeting the option to foreclose or
any right hereunder, and each and every such payment shall bear interest fronz• dote
at tize rote of nine per cent. per annum.
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EL~327 F.~E2149 t
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