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, and ahalt duly, promptly snd ttilly pertorm, di~cbsrge, execut~, ettect, complet~, romply wiU and abide by each
, and everv tAe st~pulaUons, agrecmenia, cond~t~ons and covenanta ot sa~d prum~ssory note ~nd of this mortgage.
a then t1Us mortgage and Ne eatate hereby created shall cease and be nu!] and ~ad. _
~ It- is understood that each o[ lhe wonis. "note." "mortRagor" Rnd "mortRngee" respectively and the pron-
ouns retemAg thereto, whether in the singular or plural anywhere in thl~ mort~age, ~hell be a~ngulat i! one oNy
j and ahall be plural jointly and severally, if more than one, and ahali be ~nn~culine, ftm~nine snd/or neuter. wher-
S ever the rnnte~ct so implies or admits.
~
~ Md aaid Mortgagor tor himaelt and his heirs, Icgal repreaentativea, auccessora and eusigns. hereby coven-
~ anb ana sgrees to and with said Mortgagee. his IegN representaGves, succeasoro and a~igns:
~ 1. . To pay all ~nd aingular ttie principal and interest qnd the various and sundry aumn of money payaDle br
vlrtue ot said promi~sory note. and this mortgage, each and every. prompily on thc dayi reapectlvely the sam~
:-~ xverall~- become due.
2. To pay all and singul~r the tsuces, asses.sments, levies, liabilitie~, obli~ntion~ and incumbrancea ot everr
.~
nsture and k~nd eow on ~aid deacnbed property, and/or that hereatter may De impoaed, aut[ered, placed, le~7ed
4 or asaessed lhereupon. and/or that herewtter may be Irv~ed or a.c~•c.ed upon ih~s mortgaRe and/or the indebted-
ness ~ecured hereby. each end esery, v~hen due and ~yable arconimR to law, before they become del~nquent~
and before any interest at[aches or any pen+.ity is incunrd; and in w far aa any thereof is ot record the sam~
~ shall be pmmpUy satisfied and discha ved o[ record nnd the on~nal o[ficial document Isuch as, for inatance.
:he tu receipt or the satia[action paper officialiy en~leraed or rertif~ecl~ a'h~l! be plsced In the hands ot said
~ Mortgagee wiihin ten day~ next atter payment; and in the eve~t that any thereo[ is not ao psid, astiatied and
dischsrged. said Mongagee may at any time pay the aame or anv part thereof without wai~~ng or affecting
~ aay optien, iieo, equity or nght under or b~ ~~rtuo ot lhis mort~aqe, and the [ull amount of eacr and every
such payment ahall be immediately due and payable and shal! bear intemst from the ~te thereot untit paid
~ at the nte oi ten per 'centurn per annum and together vv~th su~h fnterest ~hall b~ secured by the lien ot thii
mortgage. • _
To -~L.~ ~~~ ~~~~:^:•~,•, ~ke~P_„n eh. t,uildin~~_ now or_hereafleLaltuate on aaldlaad.liT.~.arl¢~podstorm
lnsurance tn e a•ua! standard (~If~y form, in a eum n~t les~ than i-~---~--. ......-•----••-_--•~----••••--..~.~ln ~c"h com-
pany or comp^nic may be wpproved b} ra~d Atort~a~~•e: an~t s-tl ~uch insurance policies an"any ot said build-
ings, any interest ther c part thereof, in the a~~rrFate aum aforPVaid or in exce~S thereof, ahall contain ths
„ usual standarA mart~agee ai ~~e makm~ U-e 1~~~~ ur.~r s.zid policie~. ea -end every, psyable to said 1-iortga-
gee as hu interesi may appear.3sd each anJ e~•Pr3• s~u•h {+~I~cy +halt-be promptly dPli~•ered to and held by aaid
aco~cRa~: and, not lesa than tcn da'va-t~ adranre nf the ~xEiratinn of each policy, to deliver to swid MortRaRee
a renetval thereof, toqether wtith a receipT`in~ th~ pr~mwrrf ~f .~i~h r~newwl: and therc rhall be no such in~ur-
ance placed on any ot. N-id buildinR~, any intrr7~t,ibrf~in or ~nri therrol, unlet~ in the torm snd with the loss
payab;e as a[oresaid; and in the e~•~nt nny aum~'b~`nwney becomes payabl~ under ~uch pollcy or ~-ollciea said
MortQa~te shall have the option to recei~e-and apply the'~amr nn account of the indebtedne~.t secured hereby or
to ~rmit said Mort~a~or to nrei~p.nni~ uee i~ or any pnrt t~ercot for other pu~-o~es without thereby waiving
or impairing any equity. Iten ort+~ht under ~r Dy ~irtue of th~s ir.artgaRe; and in the e~ent sttid MortgsKor shall
tor anq rrasoa fail to kerEffhe said pr~m~.~s ~o insur~d, or fail to dtHver p~omptly any ot said pol~ciea ot
. inaurance to said l1p~aEC~e, or fail pmmpUy to pav t~41y any premium the~rfe-r.,,or in any rwpect tail te per-
torm, diacha xccuLe, etfect, complete, comply a~th and abide bv thia covrnant, or~-n • part hereot. asid 7ltortg-
aRer ma ce and pay J~r s~~rh in.urance or any part lh~rrof with~ut v-ai~in~ or atfe ' any option, li~n,
equi or riRht under or by v~rtue ot this mort~aRe, ar~J thc tull amonnt of eaeh and every s yment +ha11
be Immediately due and pat•eble and abat! bear intvrest trom the date therrot untll paid at the raf~e en per
cenWm..SiC.r annum and toeether with ~uch interest a al! ~J M^*~! ~~c2h~aien ot th{s mort~age. ,
4. To permlt, commit or sutter no weute, impairment ot deterlontlon oi aaid property or any part thereof.
6. To pay W and sin~ular the co~ts, char~ea snd eapenx~, Includ~nR reaaonable lewyer's teea snd ewt ot
abstraets ot tfUe, tncurred or paid at any ttme by satd Mort~n~ee becau~e andlor !n the event of the falluro
on the part of tbe sald MortFa~or to doly, promptly and [ully nertorm. dtscha~e, eaecute, ettect. complets.
comply wlth and abtde by each and ev~ry the ~ttpulation~, a~reemcnts. condiUona and covenani~ ot easd promis-
; aorp note, end this mortRsRe. Rny or either, anA aald rn~ts, cha~es and eapeoses. each ~nd every, shall be fm-
medfately due and psyable, v~Aether or not there De not~ce, demnnd. attempl to collect or sult pendin~; and the
iWl •mount o[ ench anA every ~uch pn}~rnent ahatl bewr iniereat trom the dats tbereof unttl psld at th~ rate ot
~ ten per centum per annum; and alt sald cosb, charRes and expeo~es ~o lacuntid or ps14, Wsether wfth ~uch fn-
terq~ ~hW a secured by tJ~e Ilw ot thls mortgage.
~UL~~287 ~~~E 23~
aa~~c347 Pa~E2',~~ -
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