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HomeMy WebLinkAbout2257 I I <; T..l ur:E C"~; ~n ", f LA 1 I 1. To pay all una 81.nlUiar t~e prmoipaT. ami in~~rut and vther sum8 01 mont:y I pal/able by virtue 01 said promiuo,.." note and thU de'.4, or either, promptly on I th.. dolll rNpeotively the sams n6veral~ 'I come due. :, 'I ! ! I. To pay ail and 8intulur the taxes, alUIfSment" I~IJies, liabilities, ob/itatiolls and encumbrance'''' 01 eve~ nature on said described property -1',(1ch and el'ery, and il the .ame be not prompt.ly paid the said Morttatee 1 hi s h ei,.,~, lelal reprNentatives or aSliln, 7tUJy at allY time pay the same U'itJlOut ll'ail'in II or ader-tint the option to loreclose or any ritht hereu.nder, and every paymen t so m~J(le ,hall bearinterestlrom the date ihereolat the rute 01 10 per cent. per '.111nUll!. 6. To pay all and sintular the costs, chartes and expenses, includint lawyer's Iou, r<<uonably incurred or paid at anll time by said Morttatee , hi s JI hdrs, lelal representatives or assitns, because 01 thelailure on the part 0/ the said I Morttator a , their heirs, Zetal r~pr~se.ntatives or (lssi~1l.'i, to pa/urm, comply with and abide by each and every the ItipuZations, atreeTnents, conditions and covenant-8 01 said promissory note and this deed, or either, and el'UY sl~ch payment ,hall bear interest from date at the rate 01 10 per cent, per annum, ,:!I .I. To keep the buildint now or herealter on said land insured in a sum not Z.., than Dollars, in a company or compan i e.' to i be approved by said Norttatee , and th.e policy or policie. held by and payable i to,aid Norttatee , heir" letal repr6lentatives or assitns, and in I the event any ,urn 01 money become, payable under such policy or policies, t h~ i Mortlatee , hei1'l, letal representatives or assitn8, shall hm'c thi! option to receive and apply the Bame on account 01 the indebtedness hereby secllred or to pennit the Morttator to receive and ute it, or any part thereol, /01' other purpo'N, without thereby waiuint or impairint any equity lien or ritht under or by virtue 01 thil morttate, and may place and pay lor such insuran'.Je or any part thereof without waivint or al/cctint the option to loreclose or any ritht here- I I under, and eaoh and every Buch payment ,hall bear inter6lt from date at the rate II 01 po, cent. pe' annum. . i I I 6. To permit, commit or luffer no wade, impalnnent or deterioration 01 said property or any part thereol. 6. To perform, oomply with and abide by eaoh and every the stipulations, atreementl, oond"ltiona and. oQvenanu In ,ald promUBOry note and in this deed ,et forth.. -1 '\ " -, . ~ .. . i 7. II any of said 'U7ni! 01 moneY h6rein re/err~ to be not pro-wnptly and fully paid within 10 day. nut alter the same severally become due alw pay- able, or ileach and every the stipulation" alreementl, oonditions and covenants of .aid p7'OmiB,ory note and thU deed or either, are not duly performed, complied wtth and abided by, the ,aid atlr6tate lum mentioned in ,aid promis80ry note ,hall bec-Ome due and payable forthwith, or thereafter at the option of the Morttatee , - his he-iN, Zetal repruentativ61 or a..,i~",., cu fullll and completely cu il the laid attretate lum 01 srx HUNDRED AND NO/1OO--------.:.--- doUar. was oritina1ly stipulated to be paid on such. day, anythint in laid promi-s$ory note or herein to the contrary notwithltandint. I t i. II In Witness Whereof, the laid Morttator IS, m ve their hands and G~ the day and year ftrst above written. hereunto ,et t Biped, Sealed aud Delivered in P1-eaenee of; -,...:,. ., . """, " ~ ~~ ....... . . .