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. 3. ?b pay alt and singular the coats, charges and expenses, including lawyer`s fees, rea•
sonabl incurred or paid at any time 6~ said Mo>agee because of the failure on the pari~of t)u
said Mortgagor to perform, comply with and ab' by each and every the atiputationa, condi•
bona and covenants of said promissory note ar
Xx or either, and eve ~u~9hebYtment
shall bear interest jrom date at the ii~it~~blf
x ~~~x
rate of lawful interest.
4. To keep the building now or here ter on said land insured in a sum not less than
full insurable valuQ x, in a compan or companies to be approved 6y
said Mortgagee, and the policy or policies he by and payable to caul Mortgo~ee, and in the
event any sum of money becomes pa ble under such policy or policies, the Mortgagee shall
have the option to receive and apply the same on account of the indebtedness hereby secured or
to permit the Mortgagor to receive and use it, or any part thereof, for other p~urposea, without
thereby waiveng or impainng any equity lien or right under or by virtue of this mortgage, and
ma~? place and pay for such insurance or an~? part thereof, without waiving or ecttng the
optwn to foreclose or any right hereunder, and each and every such nt ahaA r i terest
from date at the tnt~cx~xxxxxxxxxxxx~p~cxaexK~oe~aanat~c ~~9
est rate o'~
lawful interest.
5. To per?nit, commit or suffer no waste, impairment or deterioration of said property or
any part thereof. _ _
6. To perform, comply with and abide by each and every the stipulations, agreements,
conditions anti 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
thinl~yy 30 days next after the same severally bernme due and payable, or if each and
every the s~ipu~tions, agreements, conditions and covenants of Said prom~sso note and this
deed or either, are not duly performed, complied with and abided by the aai~aggre~ate sum
rsentioned in said promissory note shall become due and pa able fort~ewith or rea rat the
option of the Mortgagee as fully and completely as if the Said aggregate sum of enty
Four Thousand. and nQ/ 00 x$24,000.00) xxxxxxxxxx dollars was originally
stipulated to be pawl on such day, anything to said promissory note or herein to the contrary
notwithstanding.
8. The Mortgagee may, at any time while a suit is pending to foreclose or to reform this
mortgage or to enforce any claims arising hereunder, apply to the court having jurisdiction
thereof for the appointment of a receiver, and such court ahaU_ forthwith appoint a receiver o~
the premises and aU other property covered hereby, including a[l and air+,Bu[ar the income, pro
its, rents, waves and revenues from whatever source derived, and such recetuer shall have aU the
broad and effective functions and powers in anywise entrusted by a court to a receiver and such
appointment shall be-made by such court as an admitted equity and a matter of absolute right
to said Mortgagee, and without reference to the adequacy or inadequacy of the value of the prop-
erty mortg ed or to the solvency or insoluenc~
y of said Mortgagor or the defendants, and such
income, pmts, rents, issues and revenues shall be applied by such receiver according to the lien
of this mortgage and the practice of such court.
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F ~n ~i#tt¢ss hereof, the said Mortgagor hereunto sets his hand and seal the day and
year first above written.
Signed, Sealed and Delivered Pr ence of:
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