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~~ ~' r, <br />.... (j'( 43 i <br />required to pay such charf~es. <br />12. Default. In the event the Nortga$or fails tu.pa3r said <br />indebtedness ar any installment thereon before the 15th day of the <br />e»rrent month and such failure remains far 15 days after receipt of <br />written notice-of such failure, or in the event the 'Sortgagor fails to <br />perform any of the other covenants or agreements herein for 15 days <br />after the receipC of written notice by the Mortgagor-'of such ..failure to <br />perform, the Mortgagee at its agtion, may declare the entire debt secured. <br />by this mortgage to be due and collectable at once and may;foreciose <br />this mortgage for the satisfaction thereof. The Mortgagor: shall pay an <br />additional 3~ interest on the principa of every installment which is <br />more rhea 34 daps: late:.. <br />13, Insurance 1'he Mortgagor shall maintain fire, <br />windstorm and extended coverage, insurance with a mortgage clause on <br />t33e buildings on said premises in the sum of $ 60,Oo0• ~O- <br />i4. :.:payment of taxes. The "ortgagor agrees to <br />pay all tones and assessments upon the Mortgaged Premixes and all other <br />taxes, Ievys and assessments levied upon this mortgage and the note <br />which this mortgage is given to secure before the same becomes <br />delinquent. ;n the event the .:Mortgagor shall £ail to abtsin the fire <br />insurance or pay such taxes before delinquent, the *fortgagee may 'purchase <br />such insurance and pay such taxes or other liens and shall <br />$: <br />1_. <br />i <br />C <br />