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<br />83'-"'003589
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<br />on a.cc<:lUnt of indebtedness, before the same, or any part thereof,
<br />becomes del.inguent, and shall perform each and all the covenants
<br />a.nd agreements or hereinafter conta.ined, then this
<br />obligation to be null andvbid. But if 'the sum of money or any part
<br />thereof, Or any int.erest. thereon, is not when the same is due~
<br />Or if the taxes and asseSSI11.ents against the premises, or the taxes
<br />against the indebtedness herei.n mentioned or against the holder
<br />t.hereof for the same are not d at or before the time the same
<br />by law became delinquent, or if the mortgagor shall fail to },eep
<br />and perform any of the covenants herein contained on their part to
<br />b..':\ kept. and performed, then the whole 0 f thi s debt hereby secured,
<br />shall, at the option of the mortgage(," or assigns f immediately be-
<br />come dUt'! and payable. 'rh€~ holder of the ind(~btedness h(~reby secured
<br />may pay the taxes and assE:ssments, and may effect the insurance on
<br />the structures and such payments shall be added t,o other. indebtedness
<br />hereby secured and will draw interest at the rate of Ten Percent
<br />(10%) per annum from date of ~)ayment thereof.
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<br />It 15 further that n case of default In the payment of
<br />.;my .l.l'lstallment. of lnterest ;1nd rlncipal, r ill the performance of
<br />any of the covenants or ,H:rreements heretn conta1r1(~d, then or at any
<br />tlme thereafter dur.Hl.g ene' continuance f such default the mortgagee:. f...
<br />his t'"xecutors, admin strator" r ass Play, without notice, declare
<br />the ':;'l'ltlr.c r,:(:bt he ;;ecured mmedltltel c:ue ,:md ;'<1yable and there-
<br />\~:;~on* {)!" Ii {:as(~ dGt,~,ult n p~~;lm(~nt f th<i:: Promissory Note at
<br />~t~~,turl_ty, the ,;";Ortq~~f"l,'"~ (~ris ~:"xc~cutor,s, ;ldm,lnl trators or assiqns I
<br />stlal be Eli..} ~~n1(~(j,~.~itc: l-i;)SSC~SSl()n f t:b(~ and
<br />rrt4;ly () ~:'orcclose h_i rtq~l,c:e ,Jno ! n (,~~lSe f()r{~ciosur(?~ I
<br />such SU:~1 iJS ~'1ay :\:'~W! 1 hail "e dLlo."Jt:-ci h\:~ c()urt r "lttorney.s
<br />f:'ci;es ~;Ul(,i ; n,r.:..~ 1 u~h:~d :~;: t'~~,.,;~ u'u(:rnc~n t. / 't'~ r'ec,.
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