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HomeMy WebLinkAbout0147- . , .--:_ ~ ~~ 1 X97 ST. !{~ COlNttY. ~lA. 1. To pay oit asd sdnjular tl~s prinoipai and interest and other soma of money payable by vdrtue of said promi:aory note and this deed, or wither, promptly on the days reapectdvely the lame severally ooma due. ;Q. To pay all and adn¢ular the taxes, assessmwnts, levdea, ldabdldtdea, obli¢ationa and encumbrances of every nature on said described property each and every, and if the same be not promptly paid the said Jlfort¢a¢ee, her heirs, le¢at representatives or aaai¢na may at any tdmw ppaayy the tamw without waiving or a~'ectin¢ the option to foreclose or any rdjht hereunder, and every payment ao made shall bear interest from the datw thereof at the rate of - 4% par cent. per annum, 3. lV ~tiy alp uttd O{•nr~W.•~i/ tiLS '~i(i~t8, aha: X88 GnL~ VM.TpV rO VV, r%YVi~Yl4~ YY^i4 yV%l0 fees, reasonably incurred or paid at any time by said .~ort¢a¢ee , her heirs, le¢al representatives or aaai¢na, because of the failure on the part of the said .7Kort¢a¢or, their ~ heirs, le¢al representatives or aaai¢ng, to perform, comply with and abide by each and every the atipulat:ona, a¢reementa, conditions and covenants of Said promissory note and this deed, or either, and every such payment shall bear interest from date at the ratty of 4~ per cent. per annum. - .¢. To keep the buildin¢ now or hereafter on said land insured in a sum not leas than the full insurable value . in a company or companies to be approved by Said Jliort¢aaee , and the policy or pokciea held by and payable to said Mort¢a¢ee, her heirs, le¢al repreaentativea or asai¢na, and in the event any sum of money becomes payable under such policy or policies, the hfort~a¢ee, her heirs, le¢al representatives or aaai¢na, shall have the - - . option to receive and apply the same on account of the incieCiedneas hereoy secures or to permit the Mort¢a¢or to receive and use it, or any part thereof, for other purposes, without thereby waivin¢ or impairin¢ any equity lien or ri¢ht under or by virtue of this mort¢a¢e, and may place and pay for such insurance or any part thereof without waivin¢ or afl'ectin¢ the option to foreclose or any ri¢ht here- under, and each and every such payment shall bear interest from date at the rate of 496 per cent. Iier uii~aufic. 6. To permit, commit or au11'er no waste, impairment or deterioration of said property or any part thereof. 6. To perform, comply with and abide by each and every the stipulations, a¢reementa, conditions and covenants in said promissory note and in this deed set forth. 7. If any of said 8um8 of money herein referred to be not promptly and fully paid within thiit (30) days next after the same severally become due and pay- able, or if each andyevery the stipulations, a¢reementa, conditions and covenants of said promissory note and this deed or either, are not duly performed, complied with and abided by, the said a¢¢re¢ate sum mentioned in said promissory note shall become due and payable forthwith or thereafter at the option. of the Mort¢a¢ee, her heirs, le¢al representatives or aaai¢ns, as fully and completely as if the said a¢¢re¢ate sum of dollars was ori¢inalty stipulated to be paid on such day, anythin¢ in said promissory note or herein to the contrary notwithatandin¢. The terncc ".hlort~a~or" and. "Jlfort~ct~eP" ce+IlPnevrr tca4ed c:n thin i.nst,•rcccrrnt ~~ _-~...r,. iJ.,. ho.ru nnrAnn/i~ TPT1rPRG'ntll/11'PF, al(•Cc'Pa3Ui'F llit(i a.~XrgJls uJ~ t1rP rv•xpsctive purti~c:& %i.-t`Fio. T~"li/~.rf t~Pr' tsRo!1 lhP xi.n~'rtlnr nrr ~ tdr,r 81 a`.IL l clc~cln all l,lrcral and the plural tlce si-n cclar, and tJ.e ccse of any ~ ~rnders. hereunto set In W~tneae wh~rPA the said Mort a¢or, have their hands and seals t e day and year Brat above written. ginned, Sealed and Delivered in Pre~enoe o~ ~~~~; ~'_ ~~~ +~ .. 6 j _ . . f . _ .. _ ... ~ :.