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and shall perfora, coaply with and abide by each and eyery the
stipulations, agree.ents, conditions and coyenants of said proais-
sory Dote and of this deed, then this deed and the estate hereby
created shall cease and be null and void.
AND the said Mortgagor hereby coyenants and agrees:
1. To pay all and singular the principal and interest and
other suas of aoney payable by yirtue of said proaissory note and
this deed, or ei~~er, pro.ptly and on the days respectively the
saae seYerally becoae due.
2. To pay all and singular the taxes, levies, liabilities,
obligation., and encuabrances of every nature heretofore or here-
after iaposed, placed, leyied and assessed on said described
property, ea~h and eyery, and if the Salle be not proaptly paid
the said Mortgagees aay at any ti~ pay the saae without waiving
or affecting the option to foreclose or any right hereunder, and
the &aount of eyery payaeat so aade shall bear interest froa the
date thereof at the rate which said note bears and shall be secured
by the lien of this aortgage; the Mortgagor agrees to fur~ish to
the Mortgagees prior to April of each year receipts for all ad
valorea taxes paid by the Mortgagor.
3. To pay all and singular the costs, charges and expenses,
including lawyer's feea, reaaonabll' incuEred or paid at any tiae
by said Mortgagees because of the ailure on the part of the $&id
Mortgagor to perfora, c~ly with .~~ -~ide by each and every the
stipulations, agree.ents, conditions and coyenants of said note
and this deed, or either, and the aaoant of eyery such paywent
shall bear intereat fro. date at the rate Which said note bears
and shall be secured by the lien of this aortgage.
4. To keep the buildings now or hereafter on said land insured
against loss by fire in a sua not less than the &aount of this
aortSage froa tiae to ti.. outstanding and unpaid, and insured
against loss by windatora in such aaount that the insured will
not be a co-insurer under the teras of the policy OE policies in
a c.-pany or coapanies to be approyed by Mortgacees, and the policy
or policies held by and payable tc said Mortg..ees, aDd, in the
eyent any sua of aoney becoaes payable ander such policy or
policies, the Mortgagee shall haye the option to receiye and apply
the aaae on &Ceouat of the obligation hereby secured or to perait
the Mortgagor to receiTe and use it, or any part there.f, for
other purpose., without thereby waiying or lapairinl any. equity,
lien, or right under or by virtue of thia aortgage,aad aay place
and pay for s.c~ i.auraace or any part t~ereof without waiYin, or
affectin, the option to foreclose or aay right hereUDder, and the
aaouat 0 eacb &ad eyary euch pay.ent ahall bear interest froa
date at the rate which said note bears and ahall be secured by the
liea of this aort,..e.
5. To per.it, c..-it or auffer no waate, iapairaent or deterior-
afion of said property or any part thereof.