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HomeMy WebLinkAbout0369f ` .-!'Y~ -'--~~~, ,tom ~~',`- ` -?--_.~:~•~,'e}i:' ~*. ~,~ } S ~ `~ - cif .I - Y. To pay aU and aiagnlar ~~~ and other sums os money payable by virtue of sdd promissorry note----- and this deed. or either. promptly on the days respectively. the same Severally become due. ~. Ta pay all and dt-gnlar th• fazes, asssssmants, levies. liabilities, obligations and ineum- brances of every nature on said described property. each sad every, and ii the same be not promptly paid the said Mortgages. its successors, legal representatives or assigns, may at any time pay the~.me without wsdviag or affecting the option to foreclose or any right hereunder, and every payment so made shall bear interest from the date thereof at the refs of 101E; per cent: per annum. 3..To pay all and singular the costa, charges and ezpenses, including lawyer's sees, rea- sonably incurred or paid at any time by said Yortsagee, ib aucceaors, legal representatives or asai~na, because of the failure on the part of the said Mortgagor, their heire, legal representatives or assigns to perform, comply with and abide by each sad every the atipalations, agreements, conditions and covenants of said promissory note and this deed, or either, and every such payment shall bear interest from date at the rate of l~ per cent. per annum. A ~"~ 4rw., t~~ i..~#i.1~nr neat nP ~fAreaTie~ On ~d 1T.nd lr,:~d in a o'.inl'aSot 1vM t~~T' ..,. ~.. h iohe~ t insurable value ~g~ in a company or companies to be ap- proved by said Mortgagee, and the policy or policies held by and payable to acid Mortgagee, its successors, legal representatives or assigns, and in the event any sum o! money becomes pay- able under such policy or policies, the Mortgagee, ib aucceaors, legal representatives or assigns shall have the option to receive and apply the same on ~-ccount of the indebtedneaa hereby ae- cnred or to permit the Mortgagor. to receive and use it or any part thereof for other purposes, without hereby w riving or impairing any equity, lien or right Hader or by virtue of this mort- gage, and ^':.°.y rlsce and pay #nr such insurance or any part thereat R ithont waiving or affecting the option to foreclose or any right hereunder. and each and every ouch v,-yment ~h~-lt b.,.~ 1r tereat from date at the rate of 10% per cent. per annum. 6. To permit, commit or suffer no waste, impairment or deterioration o! said property or any part thereof. 6. To perform, comply with, and abide by each and every the stiuplations, agreements. conditions and covenants in said promissory note-, and in this deed set forth. 7. If any of said sums of money herein referred to be not promptly and sully paid within ~n days next after the same severally become due and payable, or it each and every the atipulationa, agreements, conditions and covenants of said promissory note--- and this deed, or either, are not fully performed, complied with and abided by, the said aggregate sum men- tioned in said promissory note- shall become due and payable forthwith or thereafter at the ~. r~ .t __~., lw 1 r~rrn4ar~tttNVPlt c-r assit~na. ae fully and com- ..p..~in u, the Y.orzrb-arpzs.'. Zip 4~Sr~.oiaaiV~~, •..~a L,s__~=._-=. pletely sa it the said aggregate sum oL unDeid iadebtedaess dollars were originally stipulated to be paid on such day, anything in said promissory note- or herein to the contrary notwithstanding. IN WITNESS WHEREOF, the said >s[ortiaQor - . hereunto ae* their hander -.and seals-..the day and year first above written. Sigrye~i, sealed and deliver d ip tjhe presence of _ ~ ~ ~ (Seal) . ~, „ .