HomeMy WebLinkAbout2883 ~ - . ~ .
_ _ _ _ - • _ . . _ . _ . . - - -
. ' , ;
. i
~ . . . . . . . : ~ ~ . 1
' . . . . , . • ~ • '
. . . ' ~ . • . • . . .
4. To kaep the buildtngs nor or hereafte~ on asid land tnsu rod ih `
f
e sw ~ot lass than none doltars, 1~ a company or caapanies to be approvad -
by ssid Mo~tgagee, and the poltcy or_policies held by and payable to said ~
Mostgagea. a~d tn the evant any sun of money becomes payabie under such • -
• policy or policies, the Mortgagea shall have the optton to roceive and .
~ . apply tha same on account of'the indebtodness hereby securod or to penait . ~
. . tha.Mortgagor to rocotve a~d use it, oc any part thereof, for other puf~ -
pos~s. wtthout the~eby waiving or lmpairing any equity lien or right under ~
~ or by virtua of this mortgage,.-and may placa a~d pay for such insu~ance ~ _
~ or a~y part tharoof, without waiving.or affecting ths option to foraclose
or any rtgFit hereunder, and each and every such payiaent shall bear interast
. fraa data at the rate of sTx per cent per annum. .
5• To pe nait. commtt or suffer no waste, impairmant or deterio- ~
~ ratlon of said property or any part thereof. ~
6. To perfonn, comply with and abide by each and every the stiputa- ~
, tions, agreements, conditions and covenants io ssid pranissory note and .
• • i n thi s deed set forth. •
~ 7. If any of said suns of money heroin rofartad to be not p~coa~ptly
. r and fully paid within ten days noxt after the sa~e severaily bacome due and ~
- payable, o~ if each and every the sttpulations, agreoments, conditions and ~
oovenants of said promissory note and this deed or aither, are not duly
~ perfot~ned, canpiied w~th and abided by, the said aggregate sua a~entioned in `
~ said promtssory note shall becane due and payable forthwith oc thereafter
~ ~at the option of the Mortgagee as fuily and compietaly as if the said aggregate
. sum of Fiva Thousand Sixteen and 82/1~0 (~5,016.82) Dollars w~s ortginally ~
~ stTpulated to be patd on such day, anything in said promissory note or horsin
~ ~ to the contrary notwithstanding. .
~ iN WlTNESS MHEREOF, the said Mortgagor hereunto set his ha~d snd
seal the day aod year first above written.
. . .
E ~ ' .
~ ~
~ - _ R RT L. .
~
~ . _ . : . . . . • ~ ' ~ w .
. ~
~ . : Q`~~~ ; f~ $ -
t ..q'~`
~ _ . • . . . ~ ~ .
~ ~