The Principal sum together with interest. at the aforesaid
rate, calculated from the date of advance shail be due and be
paid in equal, consecutive, monthly instalments -of Fourteen
Thousand, Three Hundred ($14,300.00) Dollars each, commencing on
the 1st day of February 1983, and continulng thereafter on. the
same day of each and every month until the’ 1st day of January,
1990 at which time the full balance of principal and interest
shall. become. due and payable. The said instalments are. to be
applied firstly on account of interest and other. charges payable
hereunder. to the date of payment of said instalment and secondly.
on account of principal.

AND FURTHER PROVIDED that the Mortgagor covenants and agrees
with the Hortgagee to promptly pay as-and when due all taxes,
rates, levies, charges, rents, assessments, Statute ‘Labour and
other impositions whatsoever, whether Dominion, Provincial,
Municipal or other, that may already be rated, charged, assessed

“Imposed, or may hereafter be rated, charged, assessed “Or
“Lmposed on ‘the mortgaged premises’ or on the Mortgagor in respect.
“ta ‘the mortgaged premises and deposit receipts ‘therefor ‘with’ the.

Mortgagee | forthwith upon each payment, and on default of. any ‘such

payment or: deposit of. receipts as aforesaid the monies hereby
secured shall at the option of the Mortgagee become ‘forthwith due =
and payable; AND. if the Mortgages shall pay any” such “taxes,

rates, ‘Levies, charges, vents, assessments, Statute Labour and
other impositions whatsoever or any part thereof, the ‘amount of
such payments shall’ be added ta the principal sum’ hereby | secured,

shall bear interest. at the mortgage rate from the time. of such

payments, shall be. payable at the time appointed for the next

ensuing payment of interest on the principal = sum, shall be a

charge on the mortgaged premises and shall be secured by this

Mortgage.

ipdasteale Wiech belcbetateast Bete bean ie aie garam nee TEES ue Maaiht hed