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HomeMy WebLinkAbout1652~I _~ skctit PKfo~. comply tvit>a and abide by sack and every tke atipulai'iona, agreements, con- #tios and ooeenants of said promiaory +ate-~a+~ of tkia deed, tksa tkia deed and tks estate ~l~srsby created skall cease and be null a~cd void. their ~-' s thegt8elvs8 heirs, legal !-~ '. AND tke said Mortgagor-, for and u #~-reaentativea and assigns, hereby eove+~ant,-- and agrss: ' `n . 1. To pay ali and singular tke principal and interest acid other sums of money payable M~ virtue of said promissory hots- and tkis dsbd, or eitker, P~PUy on flee days rsepsetiveiy the same saverolly become due. - !. To pay all and singular ike takes, ataeaaments, levies, liabilities, obligations, and sncum- branaes of every nat+~ on mid dssen'bed properhl• Back and every, and if the mms be riot prompt- ly paid the said ~[ortgagss_-. his ~, legal *sP+'saentattves or assigns, +Kay at any tiros'pay the same without waivatg or affeet#rig ~ oP~ to foreclose or any. right harsundsr, and every payment ao roads skali bear interest 1~ tks dots tksreof at tha rats of--fir cent. per annum. s. To pay all and singular flee costa, charges and sxPsn+sa• ~~'~+g lauryer'a fees, reaaon- hi8 ~~~ legal representativsa ably incurred or paid at any time by said Mortgags~--- or assigns, bQcauas of the fa~lurs on the part of the acid Mortgagor, t eir _l-eirs, lsgd representativas or assigns to perform. comply u-ith and abide by sash and every the stipulations, agrsemente, oonditiona and covenants of said promissory Hots-. and this deed, or either. and every suck payment shall bear interest from dots at tke rats of Per ~• Pm' antaan. 4. To keep the b~a'Jdinga Hour or kereaf ter on mid land insured in a sum not leas than--- o Dollars, in a compaagl or companies to bs approved by said Mortgages.-, and the policy or policies held by and Pay~~ to said Mort- gagss-.. ~*s, legal rapresentativsa or assigns, and in the event any sum of money becomes psyabk under suck policy or P~a• the Mortgages--, - ~•:, legal represeKtatives or asssgns, shall hays tks option to rseeivs and apply the same on account o~tks indsbtedneas kereby secured or to permit the Mortgagor to receive and use # or any part tkereof for other purposes, without thereby waiving or impairing any eQ~y, lien o+' right under or by virtue of this mortgage, and may place and PaK 10+' sucA insurance or any P~ tksreof witkout craving or aff~+W tha option to foreclose or any right kereunder, and each and every suck payment akaii bear int.reat from dais at tke rats of per cent. per annum. commit or suffer no masts, impairment or deterioration of said property. or any 6. To permit, part tkereof. B. To perform. comply 'with, and abide by each and every flee sfiipuiationa, agreements, con' ditions and covenants in sad P~--u~"t- riO~ and iri tkis deed set f ortk. 7. If say of mid sums of money kersiri referred to be riot promptly and fuAy Paid +oitkin 30 Sys nest after tks same severauy become due and payable, or if each and every the stipulatio+~a agreements, conditions and coveaarit~ of said promissory riots-. and tkis deed, or eitksr, ara not fully performed, oo~xptiad +~ and abidcd bfl, flee mid aggregate sum mentioned iri said promissory riots_~ become due sad payable fortk+vit>l~ o+' ~' at tks optiox of tks Xortgapee---, ~'"', ~ *rl~tia or °ss~s. as 1~wAy sad cwnPlstely Ttn Tl~ouaaad and tw/100 •---••~•' ~dlera ,oere as if the said agprsgats sum of oripinaUy stipulated to bs paid on wck doll, arirtl~- ~ said promissory note.- or herein to tke oontrasy riotwilkstariding. IN W1TN1~33 WS1~S,SOF. tke said Mortgagor--~ ~~-' haKd-s~rid seal. ~ tks dat- sad 1-!r 1Y~ ~e ~ ~.// signed, sealed and dtlivend iR presesios of +w~ (3eal) ~1aad'A: Yailiant ~. (3~I to >~[. t