HomeMy WebLinkAbout0757
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8. To pay a.U CUld dnplas' tM co.Ju, cha.r~ and. e~ponl.8, inc:ludt.,.t la:uv._r'.
fe8~, 1"t'tUonabiy i1J.Currea. or paid at a,n.y time blllJaid oM ortfa~ee becaulJ~ of t1P.~ fw.-l un
on th~ part of tM ,aut .Mortlaior to perform, comply wi.th and abide by t:ac:-:h and
elJ6r~ the stipulatio1JII, con.ditions and covenllnts ol.aul promislwry note and thi.s deed,
or nther, and every ,uch payment ,h.a.U bear interest from date at the rute uf Ii-x
(6~) per cent. per annum.
4, To keep the buildiTtt noo/f'l: heo5aL~!r:. ('n s~id land insu.red in a sum.not It'XS
than Nine Thousand Pive Hund Itr' 'Y.l1'.hJ.rd, m a com/Xu,y or comptlrtu',,; to be
(lfJprol'ed by said .l[(lrttatee, ant, the l??licy or poUcies held by and lXliJable to said
.Mortgagee, and in the cl'ent all!! sum uf ~'Wnf'Y bec?mu. payab.'.e unde/' sllch pulicy ur
policirs, t.'le .lfortgagl't' .'lhall hal'f' tlil' optIOn to /'ecewe and allply th(' ,'i(Ullt' O!l accollnt
ol tilt' inddJit'dnl'ss ltel't'by st'Cllred or to permit Illl' JJortg'ag'or to /'eai,'e llnd Ilse it. or
llll!! part thi'reo/, lor o!ltrr 'p'l,rpos~'s, l~'ithouf thereby waiving or illlIHli,'illg'IlII!l eqllily
lit'1I or right lilllier or b!! l"rfl~(, o! 0"."1 l1w:l~(lge, and. m.ay plllce fwd IHlY /01' such
;'ISllJ'(UICe or (lit!! part Il1lTl'O/, WIt/Wilt wal.vuLt or lldechllt tltr Oldioll tf) /o/,('cl{).';p OJ'
all!! right her('u1ifl?i', and ('(lch and l'l'ery sitch payment shall bra/' interest /f'01Jl daft'
nt the rate oj' 9 ix (6~) per cent. pl'r anman.
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5. To permit, commit or su.-fj'l'r no u:aste, inlfxdrment 0" deterioration of said
property or any part th.;reof.
G. To perform, comply with a,!d ab.ide by e~ch and nay tI~e sit~Jltlations, tl~ree-
ments, conditio/ls nnd covenants In said prol1Hssory note and Ul. tillS deed set jorth.
7. If any of said sums of money herein referred to b(' not p1'omptlyandfully paid
Icithin thirty (30) dnys next aj'ter the same sel.nully bpcome due and pu!/uble,
or if t'lleh and every the stiplthztions, agrf<C.ntents, conditi01ls and cove/lants ol said
fJror'lissory /lote and tltis deed or either, ~re 1IO~ duly' ,vl'rfo,.,~ted, Gflmpli('d l~'ith and
abided by, th(' said aggregate Slun l1untlO/led lit ~alli erOUlI."I,wry 1Iote shall become
diU' (U!d payable /ortllll'ith or thereafter at the OlltlOll oj the ,l1ortgag't'e as fully and
compldelyas if the said ag1tregate sum of ~ine Th~usand Five Hu:ndred
($9,500.00) dolulrs was orlgl1wlly stipulated te be IHIll! on such day,
(l,/lything in said promissory note or herein to the contrary notll'ithstanding'.
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In Witness Whereof, the .aid Mmttator hereunto seta his hand and
.~eal the da?:,! and year ftrd above written.
SilfDed. Sealed and Ihlivered in Preeenee of:
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