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and shall duly. prompdy sad fitllf performr deschuge. execute. effect, compote. carnply .rick std abide by each and e.rry
the stipulations. agreemeatsf ooaditioaa and covenants of said promissoq voce and of this mottgase, thee this mortgage and f
the esace hereby crated shall case and be null and void
It is urdemood chat each of the words. "rwte," a'mortgagoi and °mortgageer respectively and the pronouns teftrring
• thereto, whether in the singular or plural anyirhere in this mortgage shall be singular if one ody and shall be phrral jointly
and severally, J more than one, and shall be masculine, feminine and/or neuter, xrherever the context so implies or admits
I' And said Mortgagor for hirnseU and his heirs, legal represenncives, successors and assigns. hereby covenu?ts and agrees
j to and with said Motrtgagee, his legal representatives, successors and assigns:
payable b
f 1. To pay all and singular the principal and interest and the various and sundry sums of mosey y virtue of .
said promissory note. std this mortgage. each std every. Promptly on the days respectively the same severallc become due.
2. To pay aU and singular the axes. assessments. levies, liabilities, obligations sad encumbrances of every mture and
` kind nowt on said described property, and/or that hereafter may be imposed, suffered. placed, levied or assessed thereupor>.
and/or that hereafter may be leveed or assessed upon then mortgage and/or the indebtedness secured, hereby each and curry.
` wrhen due and payable according co h.r, before they become delonqueat, and before any interest atuches or any penalty is
incurred: std is so far as any thereof is of record the same shall be promptly satisfied sad dischugrd of record and the or-
~ igituil officeal document (such as. for instance. the tax receipt or the satisfution paper officially endorsed or cectifeed) shall
be placed in the hands of said Mortgagee within tea days next after payment; and is the event that any thereof is not so
paid, satisfied sad dischuged. said Mongagee tray at any time pay the same or anv put therof without ativin(t or affecc-
ing any option, lira. equity or right under or by virtue of this moctEtage. acrd the full aaiouat of euh std rnry such pay-
ment shall be immediately due sad payable and shall beu interest from the date thereof until paid at the me of ten per
centum per annum and together with such interest shall be scoured by the lees of tha mortgage_
3. To place and continuously keep on the buildings now+ or hereafter situate on said had fire and aittdstorm in,ur-
ante in the usual sundard policy form. in a sum not Tess than the highest insurable value, in such company or companies as
troy be approved by said I?SortRaRer, and all such insurance policies on nay of uid bueldirlgs. any interese therein or put
thereof, ea the aggregate sum aforesaid or in excess thereof, shall contain the usual standard mortgagee clause nnakity~ the
loss under said policies, each and every, payable to said 111onRaRee as his snterest may appear, and each and even such policy }
shall be promptly delivered to and held by said 1?lonpaFee: and, not less than ten days m adrancr of the expiration of each
policy, to deliver to uid klortRagee a renraal therrof together aoth a receipt for the premium of such rrnrw-ak and there
shall be no such insurance placed on any of said buildings. and interest thereon or part thereof. unless in the form and tfrith
the loss payable as aforesaid; and in the went anv sum of money becomes payable under such policy or policies said kfortRaleEe
dull have the option to receive atlti apph the utrte on account of the indebtedness secured hereby or to prrmet saed Uortga- -
Roy to receive arsd use ec or any part therrof for other purposes oithout therror ~atying or impaonng any rquitc• kIn or
' right under or by virtue of rhos morcRaFr, and in the event uid 1~lortgaRor shall for anv reason fail to krap chr scrod premises ,
so insured. or fail to deliver promptly am of uid policies of insurance to uid 1lortcacrr, or fail promptly co pa~• fully ant
premium therefor, or in anv_ respect [ail to perform, discharFr, executt. effect, cnmplrtr. comply with and al+idr by this cov-
enant. or any part hertof, said klortFaFee mac place and pay for such tnsurancr or any port therrof x-?chuut walyine of
affecnnF any opuon• teen egwty or right under or by yirtur of this mortFaer. and tKr full amount of rack sad even such
payment shall br immediately due and payable and shall bear mcerest harm the dart thrrraa until paid at chr rate of ern
per cencum per annum and together with such ontrrese shall br secured by the lien of this mortgage.
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