HomeMy WebLinkAbout198200 ~
``
----
.~
a~+
u
W
u
. ,~
°`a ~
I~ ~
3. To all and singular the costa, charges and expenses, includin latv~er'a
fees, reacaonab+ incurred or paid at any tame byaaid .Mort~agee because of t failure
on the part of the acid ,Mortgagor to perform, comply wtth and abide by each and
ever the stipulations, conditions and covenants of said promissory noteand Chia deed,
or either, and every ouch payment shall bear interest from date at the rate of eix
(6X) per cent. per annum.
¢. To keep the building now or hereafter on Said land insured in a srcm not leas
than ~1 700.00 ' dollars, in a company or companies to be
approved 'by said .hortgagee, and tlae policy or policies held by and payable to said
Jortgagee, and in the event any sum of money becomes payab.'e under srech policy or
policies, the .Mortgagee shall have t/~e option to receive and apply the xame on accocant
of the indebtedness hereby Recrcred or to permit the .Mortgagor to receive r nd :c se it, or
any part thereof, for other purposes, without thereby waiving or impairing any egreit y
lien or right under or by virtue of this mortgage, and may place and puy for suc%.
~. ~..f I/. os.nn~• •r.i Fb f • ~ += yr° ia'~ ~vvw.i `~ i ~:v° v r'a w.:~ iv fa~i.°.vwuO° vi
YirOwi wi~w vi w:~y ~r v wwr ..v~ , wvvrwwv 'w' wvv'vii~ ~~ S N ~
: 7 f • 1 1 } J • _.
any ri$iu itCrCwnecrr, urcd euc/i «,lsu, c~esiy auc~b /iieyi~cciil arcu~l easel;' i.j~terest ~°rt;; u.i._,e
at the rate of six ~ (6X) per cent. per annum.
6. To permit, commit or suffer no waste, impairment or deterioration of said
property or any part thereof.
6. To perform, comply with and abide by each and every the siipulations, ag~•ee-
ments, condition8 and covenaatta in said promissory note and in this deed set forth.
7. If any of said soma of money herein referred to be not promptly and fully paid
within thirty days text after the same Severally become dree and payable,
or if each and ever{/ the Stipulations, agreement8, conditions and covenants of said
promissory note and this deed or either, are not duly performed, complied with and
abided by, the said aggregate sum mentioned in Said promissory note shall Leconte
due and payable forthwith or thereafter at the option of the .Mortgagee as fully and
completely as t the said agg regale sum of One Thousand Seven Hundred
(~1, 700) dollar8 tua8 originally stipulated to be paid on such day,
anything in said promissory note or herein to the contrary notwithstanding.
,,., ,,
--,
4
/.
TI1 W~~t'1E88 W~IE:l,''80~ tl~a said .~I[ortiojor keraunto seta his hand and
seal tka day. oad year 1Sra~ above svrittsii.
8i~nea. 8asled aai ~eli~ered tn' Pre~aROe ofs;
~~Q..Y<
.,;
. , ....,-
i L' t_~