St. Paul tidende. [volume] (St. Paul, Minn.) 1902-1928, 1907-05-10

follows: ~.
Except as herein provided, the payment
Of a premium or installment thereof shall
not maintain the policy in force beyond
the date when the next premium or in
stallment thereof is payable.
All premiums are payable in advance
at said home office. or to an agent Of the
company upon delivery of, a receipt
officers Of the company dnsert titles Of
officers who may sign receipts), and
countersigned by said agent.
A grace of one month"; subject to an in
terest charge at the rate Of .......:.; per
the payment Of every premium after the
first. during which month the insurance
s AL s continue in 10 force gon If It the erd insured $ red
overdue premium will be deducted from
any amount payable hereon in any settle
ment hereunder.
provide for restrictions Of, liability by req
son Of travel, occupation, change of resi-
dence and suicide. These restrictions, ex-
cept such as refer to military. and naval
service in time Of war, must be applica-
BILE only to cases where the act of the in
sured provided against occurs within two
years 4nrgd afteF the ISL ISSUANCE aT% % Of the eo p;olicy w.
stitutes the entire contract between the
parties and shall be incontestable from its
late except for nonpayment Of premiums
ana except dS .OLueTWlS0 pTOVlUeu III ILLS
policy. All statements made by the in
sured shall in the. absence Of fraud be
deemed representations and not warranties
and no such statement shall void this
application and a copy Of such applica,,
ton shall be endorsed upon or attached
to this: policy when issued.
If the age Of the insured has been un-
shall be, such, as the premium paid would
have purchased at the: correct age.
< R .At1KTIaI{G p TT z33l'a - Policy Poll i Sonn shall
the dnsert dfrst.' second or. third, policy
year the company. will annually determine
and account for the portion Of the divisi-
BILE surplus accruing hereon.
Of the owner Of this policy shall, on the
ih here may nay be- be- inserted inserted latter It e@ TN y {irat
policy year. or after the second policy
~ Paid in. cash, or
() Applied toward the payment Of any
premium or premiums, or
g? Applied to. the purchase Of paid-up
additions to the policy, or
~ Left to accumulate to the credit Of
he policy with. interest at (here insert a
rate not exceeding that used by the COM
pany for calculating its reserves) pcr
maturity Of. the policy, but wVithdrawable
on any annivergary Of the policy:
Unless the owner OF this policy shall
the mailing BY the company by 9 written
notice requiring such election, the divi-
dends shall be paid In cash.
ums have been. paid. the company at any
time, while this policy is in force. will
advance. on proper assignment Of this
at a rate Of interest not greater thar
est il not 81 paid ANNUALLY shall be added to
the principal and bear tho same rate of
Of the owner Of the policy. less than. the
reserve at the end Of the current, policy
year on this policy and on any dividend
the designate mortality table adopted by
mortality table, and interest at the rate
the 'e cempany for ta!s compiling M 'utI1gS re aaopaso p ey
centum per annum less (here may be in
serted not more than two and one-half)
per. centum Of the amount insured by this
thereto.
The company. however. will deduct
from such loan value any existing in
a deb snv 5n to the ',s e;Smpan ~ on n the S2s poIIiGy
for the current policy year, al may col
lect interest in advance on the loan to the
end Of the current policy year. Such loan
exceeding six months after the applica-
ton therefor Is a Failure to repay
any such a or to pay interest shall
debtedness hereon to the company shall
equal or exceed such loan value at the
time Of such failure n until one. month
the company. to the last known address
Of the insured n Of the assignee, If n.y..
No condition other han as herein provid-
ed shall be exacted as a prerequisite to
ASSIGNMENT-No assignment Of this
policy. shall be binding upon the company
until It be filed with the company ct its
no responsibility as to the validity Of any
s oRTioN ON. SURRENDER OR LAPSE
force three full years the owner, within
one month after any default. may. elect
(a) to accept the value Of this policy in
inued in force from date Of default,
without future participation and without
the right to loans. for its face amount.
additions. less any Indebtedness 10Th to the
company hereon. or (cl to purchase nom
participating paid-up insurance. payable
tons as this policy. The cash value win
be the reserve at the date Of default on
this policy and on any dividend additions
ignate mortality table adopted BY the
company. for computing reserves) NOR
taltty table and interest at the rate Of
designate rate of interest adopted by the
centrum per annum less ,(here may be In
serted not more h two and one-half)
policy and of any dividend additions
thereto, and less any existing Indebted
ness to the company on this policy. Pay
ment OF such cash value may be deferred
by the company for. not exceeding SIX
months after the application therefor is
made. TIL term for which the insurance
will be continued or the amount Of the
value will purchase as net single pre-
MUM at the attained age Of the insured
according to the designate the mortality |
table adopted by the company for COM
terest at the rate Of designate rate of