HomeMy WebLinkAbout2644
."
U'
Bil'l
A- r .4r}
q~ I}~f ~)l.!..
c;. 1. lllCif LlN1~. iL!.,
and each an.d eve.'Y tluch policy lllhan be promptly ~HHiiined and liel1vt't'~d
to any held by said Mor--t.it~ee au further tH:{'udty to Haid 11l.<.>rtiKie dt:-bt.
and, not it'!.~ thaIl ten (10) dayii ill advancf' uf the expiratlon of each polley,
to deliver to uaid Mortgngec II n~newai thereof, togcUU'I' with s. receipt tor
the prendum of such renewiil. and there ~h~lll bt.' no fire or wlndl:Jt(H~n\ in-
~uranC(~ placed on any of /9.ai.d buildingft, any lntcn'8t tht"l'ein or part
thereQt. unlt~l:l6 in the form and with the lO~rl paynbl!': au ,dol'eaatd; find
in the e\len~ any ~un. or money becomeB payable unde.' 8uch policy or po-
licit'S l:iaJd Mongage(' ahall hnvp the option to receive and apply the- !HH1H'
on acc{)Unt or the imiebtedneljd H('cured hereby or to pennit twld Mortgagor6
to receive and U!H," it or' any IHu'\ 1hereof for other PUr-POtH'O, withQut
then-by waiving or 1Inpaidng any, equity, lien Of' right under or by Virtue
ot this ffi')I'tgage; and in the event aaid Mortgngortj 8h&11 fo'{' any r('[tBon
fail to keep the "aid pn:>rnltH'B dO ingured. or fail to deiiver prompt.ly any
of aUl.d policieli of i.n.ouri\nce to d.!},d Mortgagee, or fH.H promptly to PHY
fully a.ny pn~Hiil1m tht;refor or in any f'CHpect fail to perforrn, diucharge,
execut{', etrect, c(Jtnpide, comply with find abide by this covenant, or
any paM t.hereot, twid Mort~aKf'4~ may place and pay (or Hueh In.sUt'f.HlC{~
or any part tht.'r"of without waivwg or aUccting uny option, lien, Niuity,
Uf' right undt-r ot' by virtue of t01H Mortgag.!, and the full amount of e~ch
and f';very Quell paYlnent j;thall he iJTlnl(,diutely due und payabl<: and <.tban
bear inler<~at frum the date lhen-:oC until p<.\ld at tbe nl\(' of nine per (;[,'n-
tutu pCl~ annum and together with tiueh interest Mhall be o('cureLi by the
Hen or thi.6 niOrtgu~!,e.
4. To pennH, COl'llJllit OT auffel" nO W1Hitt:;, unpii1rfliE:'nt, or <1(.'-
tf!rioraHon of ~a1d proper"ty 01' any P"Tt HH:ri'ot.
5. To pr.i' all and tHngulBr HH~ cmHa, ,haq~c8 ~nd eXI-:d11H'a,
inCluding (.i. rNHjonablt' aU(lrn('y'B f(:t' and CUShi ur ab~tracta of Hi.ie,
-1"