HomeMy WebLinkAbout2241 . ~ ' ~ ~ . '
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the aald i~ortqaqor to• psrfora~, comply With a~d abide by sach and
' every ths atipulation~, conditiona and cavenants o! said pro- •
miesory note and't2~is deed~ or either, and svery such paymeat
, shall bea~c intaraet fraa date at the rate o~ six per cent per . ;
annum. - ~ ~
. ~ 4. To keep the buildinqe naw or hereaftar on said ~
~ _ land insured iu? a eum not leas than none dollars. in ~~y ~
or con~nies~ to be dppraved ~y s~id Irbrtgaqee, a~d the ~+olicy
~ _ ~ or policise held by and payable to said Mortqagee, and in the -
event ~ny eum of money becomes payable und~r euch policy or _
~policiea, the Mortgaqee.ehall have the aption to receive and apply
. ~the.eaa~e on account of the indebtednesa hereby secured or to
permit the Mortqaqor to receive and uae it, or any part thareof, ~
~ for other Purposes, without thereby waiving or impairing any
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, equity lien or, right under or by virtue af this mortqaqe, aud n~ay
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~ ~ place and pay for such insurance or any part thereof, without _ ,
waivinq or affectinq the option to forecloee or any riqht here- _
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~ under, and each and every such payment ehall bear~interest frone
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~ ` date at the rate of aix per cent per annwn. ' -
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5. To periait, commit or auffeY no waste, impairment -
.i or deterioration of said property or any part thsreof.
~ . 6. ~o perform, comply with _and abide 'by each aisd every ` ~
~ tha stipulstions, aqreemente, conditfone and covenante iu said ;
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~ ~ ~ promissory note ar~d in thie deed ~et forth. -
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z If any of eaid swas of money he=eia selerreS to be
~ not promptly aad fully gaid within ten days next sfter the aame ~
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~severslly becane due and payable. or if each and every the stip-~
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ulationo, aqreemeats, conditions and covenants o! said promiswry '
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nots and ttsie deed or either, are not duly perlos~aed~ complied with ~
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. and abided by~ the said aqqregate aum mentioned in said pramfesory ~
note ehall become due and payeble forthwith or thersafter at t~e? ~
aption of the ~ortqaqae as fully an~ caapletely sa i~ the said ~
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