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~rDUidrd ttlw~~a. that if said uortgagor shalt pay unto the said ,hfortgagee
the certain promissory rtot~ oj' w/rich the following in u?orrls and fl~rares is a trtee copy,
to uRt:
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and shalt perjornz, comply with and abic/e by eaeh'arrd every the stipulations,
agreements, conditions and covenants of said promissory notesand of this deed, then
this deed and the estate hereby created shall cease and Le null and r;oid.
f .t~tli~ the said .Alortgagor hereby covenants and agrees:
.1. To pay all and singular the principal and in.[erest and other sums uj »tuney
payalile btJ virtue of said pmrnissnry nntcgand this deed, nr either, pmnrptly on llte
' clays respeetinely the sant.e severally come due.
To pay al! untl singular the taxes, assessments, !cries, liabilities, obligations
cznd en.crembrances of every nature on said described property ea~•h arzd every, and
if the same be not promptly paid the said .>tiiortgagee may at any time pay the same
without waiving or affecting the option to foreclose or any rzght hereuride~e ~9) very
payment so made shall bear interest from the date thereof at the rate of
per cent. per annum.
J. To pay atl and singular the costs, charges and expenses. inclruli.ng lazcyer's
I fees, reasonably incurred or paid at any time by said .mortgagee because of the failure
p on the part of the said .hfortgagor to perform, comply with and abide by each artd
every the stipulations, agreements, conditions and covenants of" said promissory notes
and this deed, or either, and every srtch payment shall Lear interest from date at the
rate ofiZine (9) ---der cent. per annum.
y. To keep the building n_nre• or hereajler on said land insured in a cunt not ~
~ less train its Mghest it~able value-- ~
Uollurs, in a cvrrcpuny or eontpanies to
~ be approved by said Jbiortgagee, and the policy or policies held by and payable to said
~ the event an srcna o mover beeonzes to able under such. ~olie or
rlfortgagee, and to y f l y I y
j policies, the .,1lortgagee shall have tlae option to receive and apply the same on account
of the indebtedness hereby secured or to permit the rKortgagor to receive and use it, or 4
! any part thereof, for other purposes, u±i'hout thereby waiving or impairing any equity
lien or rzght under or by virtue of this mortgage, and niay place and pay for such
insreranee or any part thereof, without waiving or affecting the option to foreclose or
any right hereunder and each and every such payment shall bear interest from date ~
at the rote of trine ~9)-- per cent. per annum.
X332 p,~ 810