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Nom. .r..rrrr. r....«r«r«w..__.~A _ /4 trw ~r.~-rrw+•~r'... r..+~ _ _r`Ar« .rrwrw'~+ r.v ...a_ .++wl..«. 4~w.sw.w.a.+: a.r«.~ w.r~r~.wr~~• ~rr. «..•f..r ti++«~... rr....w a..rww.....r.«. ...•trw+.r«r«.r l rr. r.r..._•.. ~~•r_rt- w.r~~, t` ._~i.Tir_ X11__....+-r.~r... ~'~K w.rmr n • wa• ~:n _ y~ruun+ro frrwsrur.'yw or7~ i~.i .-.a occurrs- ]t _ _ _ _ _ _ .-•..r~ and shall duly, Promptly and fully perform, discharge„ erecttte, eBect, campkte. comply wrich sad abide by each and every the sdpu4dons, agreements, cotditions and cotrenaap of slid promissory note and of this mortgage. then this mortgage sad the estate hereby created shall cease and be null and-voice It L understood that each of the words, "note;' "mortgagor' and "mortgagee' respectively sad the proaouaa referring thereto. whether is the singu4r or plural anywhere is this mortgage shall be angular if one only and shall be plural jointly and severally, if more than one, and shall be masculine, feminine and/or neuter, wherever the contezt so implies or admits. And said Mortgagor for himself and his heirs, legal represeaatives. succeaaon and assigns, hereby covenant: and agrees to and with :aid lortgagee, hls legal representatives, successors sad asaigax 1. To pay all sad angular the principal and interest and the various and sundry auras of mosey payable by virtue of ~ said promissory note, and this mortgage, each and every, promptly on the days respectively the same severally become due. 2. To pay all std singulsr the fazes, saessmeats, levies, liabilities, obligations and incumbrances of every nature sad triad sow on said dexribed property. and/or that hereafter may be imposed, suffered, placed. levied or assessed thereupon. and/or that hereafter tray be levied or assessed upon this mortgage and/or the itdebtednesa secured, hereby each sad every. when due and payable according to law, before they become delinquent, sad before any interest ataches or any penalty is incurred: sad in w fu as say thereof is of record the same shall be promptly satisfied and discharged of record sad the or- igithal offlcLl document (such as, for instance, the taz receipt or the satisfaction paper officially [adorned or certified) shall i be plued in the hands of said Mortgagee within ten days nest after psyment; and in the event that say thereof is not so paid, satisfied rend discharged, said Mortgagee may at any time pay the same or any part therof without waiving or sffect ing any option, lien, equity or right under or by virtue of this mortgage, and the full amount of each std every :tick p.y- ntent shall be immediately due std payable sad shall bear interest from the dace thereof [[aril paid at the rate of ten per centum per athattm and together with such interest shall be secured by the lien of this mortgage~_ 3. To place and continuously keep on the buildings now or hereafter situate on said land fire and windstorm insur- ance in the uattal standard polky-form. in a sum not less than the highest insurable value, in such company or companies as may be approved by said Mortgagee; [nd all such iTUUrance policies on any of said buildings, any interest therein or part thereof, in the aggregate stun aforesaid or in excess thereof. shall conain the usual standard mortgagee clause making the j loss [older said policies, each and every, payable to acid Mortgagee as his interest may appear, and each and every such policy shall be prompty delivered to and held by said Mortgagee; and, not less than ten days in advance of thte•expiration of each policy. to deliver to said Mortgagee a renewal thereof, together wits a receipt for the premium of such renewal; and there q shall be no such insurance placed on any of said btuldings, and interest therein or part thereof, unless in the form and with the loss payable as aforesaid; and in the event any sum of money becomes payable under such policy or policies said Mortgagee shall have the option to receive and apply the name on account of the indebtedness secured hereby or to permit said Mortga- gor to receive std use it or any part thereof for other purposes without thereby waiving or impairing any equity, lean or right under or by virtue of this motttgagr, and in the event said Mortgagor shall for any reason fail to keep the said premises so insured, or fail to deUver promptly any of said policies of insurance to said Mortgagee, or fail promptly to pay fully any premium therefor, or in any respect fail to perform, discharge, execute, effect, complete. comply with and abidt by this cov- enant, or any part hereof, said Mortgagee may place and pay for such insurance or any part thereof without waiving or affecting any option, lien, equiry,or right under or by virtue of this mortgage. and the full amount of each~and every such payment shall be immediately due and payable and shall bear interest from the dace thereof until paid at the rate of ten per cencum per annum and together with such interest shall be secured by the lien of this mortgage. ~ BOOK JJO PAGE 453 _ ~ 1 _ _ _ _ _ _ ~S