HomeMy WebLinkAbout1858 ' ~ •
+ 3'o al~ and si~,c~ccla~? the ooata, char~ea aAd expa~aes, inctudin law~/er's `
; fees, raasonaL~j i~curred or pctid a~ a~~/ tims by said Jlfort,~Q~ee because of~ fatlurs
1 on the pa,rt, of the said .J~fort~a~or to parform, cornpl~ with a~nc~ abi,da each and
, euer~ tha st~pulations, cond,~twns awed covananta of aaid pronei8sory noteund tlais deecl,
or acther, and every such payrnent ahalZ btar inte~est frnm da,te a~ Llr~ rate of aix
~ per cent. per an~u,~ra. • .
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~ 4. To kaep the bu,ildi~.~ now or h~rea~t,er on aaid land in8ured in a sum not dess
~ . ~n ~_......~~NNANM~~~Nr~N~ ~ a compan~ or compant;es to be
~ aPP~~ b~ said J~Cort~a~ee, ar,nd the polic~/ or policiea held b~ ~ and pa~able to sc~id
~ JK'ort~a~ee, a~sd in th~ aven~ a~y ~una of rrcone~ becomas ~ua,ya,ble under Siceh policy or
policies, tJr,e .hfort~a~ee shall h~cwe tii.e option to reeeive awsd apply the xame on aecouat ~
of tha indebtedness hereb~ secund or to permit t,ha ,hiort~a~or to neceive ara~d tcae it, 4~' ;
~ aasy pa~rt th,ereof, for otlier purposes, without i/ureb~ w~aivsn~' onimpairi~z~' any eqi~ity '
_ ~ lien or right un,der or b~ virtus of thi,s mort~a~e, and n:ay place ani~ pccy for such f`
~ insunw~ee or acny par~ facereof, toithout waivLn~ o~ a~jf"eeti~t,Q th~ optiora to jonelasa or- ~
; any ri~ht hereunc~er, and utch and ever~/ sueh pa.ymeht shall bea,r ar~tare.st frnm. d~rite
A c~ tha r+ata of..-~...---------per cen~, par annum. . .
6 To permit, eo~rami~t or suffer ~o waste, ianpairnt,ent or deteriora,tion of said
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6. To perfm~n, comply with cr,rtd abid~ b~ ea,ch a,nd evsry the sitpulations, m~ee-
F ~ m~nt.s, con~ditions and covenaa~ta i.n said promis8ory not~ and in this deed set fortk,
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7. If a?~ay of 8ccid su?~ns of ~noney h,arein rafarred to b~e Ro~ prnmptl~ and ~cll~j paid ~
s .
~ - wzt~un thirtx c~cys riea~ aftar tir.~ 8ame seoerwll~j bacome due and able,
~ or if ea~ch a~d evary the atapulu,~ior~s, a,$r~ee»zentat, co~dr~twna and cove~ts o~aaid
~ prn~niasor{~ note ca~d tliis deed or either, are not dulb perforr~ud. eo~nplied with ccnd
~ - abided by, tha said a,~~~a,ta su~n ~nentioned in aaid prnmissory nota sha,ll beco»ze
~ du6 cwsd pa.~able forthwith or thereafter at t.he op~ion of the .1lfort~a,~ee as full~~ cr,nd
co~pletalj/ ~the sccid a,,~ re~ate aum of ONE ~ TEN 1'~OUSAniD, FOUR H[Ti~-
~ RSD FIFTSL- and 50/l~lla,rs was ori~'inall~ stipulated to be pccid on such day,
~ a~n,~hin~ i,n sa,u~iro~niasory riote or herein to tl~ contmr{~ not~~ithsta~din~.
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TIl ~lttlee8 W~lel'~OEy th.a sc~d .Jlfortga~or he~~aunto ~det~ hia -)iaand and :
aea,l tha day and y~ar ~rat abova writt,e~i. -
3igneel. 9e,aled and vered in PreBence o~ - . .
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. 8. R. BIIRCH ~
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