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<br />~4 - 001592 <br />time exceed the maximum amount above stated plus any advances to <br />protect the security. The mortgagor shall pay all taxes and any <br />interest and maturing installments of principal due on any prior <br />mortgage and assessments levied upon said real estate and all other <br />[axes, levies and assessments levied upon this mortgage or the debt <br />wfiich this mortgage is given to secure, before the same becomes <br />detinquent and keep any buildings on said premises insured for the <br />sum of $ 60,000.00 loss, if any, payable to such first mortgagees <br />or this mortgagee, or both, then these presents shall be void, otherwise <br />to be and remain in full force. <br />IT IS F'ilRTHER 1G REED (1) That if said mortgagor shall fail [o <br />pay such taxes and such interest on, or maturing installments of <br />principal, due nn any prior mortgage and procure such insurance, <br />then this mortgagee may pay such taxes and such interest and <br />maturing installments of principal, due on such prior mortgage and <br />procure such insueance, and the sum so advanced with interest at <br />nineteen per rear shall t,e l:ald by said mortgagor, and this mortgage <br />shall stand as security for the same. (2) That a failure to pay any <br />indebtedness, either principal or interest secured by this or any <br />prior mortgage, when the same necnmes due or a failure to comply <br />with tiny of the foregoing agreements, shall cause the whole sum of money <br />herein secured eo become due and collectable at once at the option of <br />the mortgagee. <br />IT IS 1~'URTiIER Ae;REED Thee said mortgagee, pending foreclosure <br />of this mortgage and after decree and pending stay thereon nr appeal <br />therefrom and pending saie of premises mortgaged, may pay such taxes <br />and maturiug incerest or maturing installments of principal, oa prior <br />mortgages, procure both insurance and such sums shalt be added to Che <br />amaunC due on decree and upon confirmation of sale by the court ordered <br />takan out of proceeds of sale; «r if redeemed during stay, appeal or <br />gale, +uch aaounts shall. be czrllected the same as though it were a part <br />.?f sup°h decree. <br />Signed thin lst day of March 14 $4, <br />fn the Preraace of <br /> <br />STXTB of ~l[ ) <br />Pima ) ss. <br />County of Niriigt ) <br />Tea foregoing instruaent was acknowledged before me ehis Is t <br />_ day of March 148 w by <br />,)~^f'Tikf' R, C;raunke , a singl4 st~tixxXxxxxxxxxxxxxxxxxxxxxxxxx+cxxxxxxls <br />~xx#~ta person. r <br />r <br />"` Notary Fubj" <br />" ~Y'-~oir~~:idn expires s!~/85. <br />'`~ <br />'`>,. <br />`Y'~~ <br />„~~£3.. _ <br />