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Home My WebLink About0492 . .r-V~tirW~VMr . . • l ~ ~ • ~ ~ ~ ~ at aa tGnat aird qvietly to eates upoq, ho~d, oa~up~? u~d m~oy ~ud Iaad; tlut :aid W~d it free fcaa aD a?cumbanoes: ; tb~t tl~? v~~U n~sucL tiuth~x a~aa~u~os~ ~o ped~eot tbs fas da?pb title to ~aid Lad in tbe As~octatioa u a~ay re~soaably be requttcd, ~nd t6at tlrep do berebq wantnt tbs Ntis b aid land aad wilt defead the saa~e agair~t the Iawful clain~ oE ~ aU pe~ wbomsoavK. ~ ~ PROVIDED AI.WAYS that if t6e Mo~tgagors shaU well aad trWY PaY unto tbe Assoctatjoa. tbe indebte+~s evicla~oed ~ by tbut oarhi~, promitso~y aooe, af ev~ea date beoewitL, m~as by the Mortg:gors ana p.yable to tbe Assocmcioa, ia che princip.t . x svm oE _._~I~N_~~4~I$~ND.FIy~._~U~R:E1~.:~TA_NOL~.QQ ~.--------_Dollars _---_7...500~00 ; . ~ . ~ ~ • whk6 uote, t~ogether with interest t}xrooia as therein specifkd, is P~Yabk in monthly instal)menb of . ; a ~ . t __...._..._..._.-----_..___.~.---.__..----------_._....__...~._.__----....._._---•--._.__....__...._..._w......~.._.._.._.._.._____.....___...~---•--------•--------- ~ . , F~'.'~Y-.F..IGIiTB.D1Y~_~Q~1Q4_-.- Dollsn (i._~fl.4Q.___.-- ~ ~ a, a~.._.__LSth__~a.y ~ ~g ~~___~_._E.el~ 185~.._ ~ p.y~a ; a~+e co be n Eirsc eo int~t, .ad the bal.noe ~o p~inapat, uatil atda~bceaneu ~s p.w~ m fi~q .na rb~t pes~anq : .a with ana a~'by ~ai .sa ave~?. a~e ~p~il.cioa., .gra~a, aona;~oa~ .Aa oov~nts of saia p~mis~y note .Aa aw~tga8~. And. i~hding any advanoes maie by ths Assoctatlan to the MatgaBas. or thetor suoo~sors in titla, foc anY P~P~ at aay time befoc~e tbe rekase and concellat~an oE this mortgoge, but at ao time shall thjs matgage aecvre advanoes aa soeount . of said origuAat note together wtth sucfi additboal advances iu a sum ia eacoas of .a~E~IFr1L_THOUSAND= _ FIVE HUNDRED AND NO[~100 .pou~, (=~7,.500~00_~). ~„s a~y ,a~~s ne~e~q, ; -----..M__------------------------__.__._ to protcct the security and costs, then this deed and the estate hereby creatal shall cease and be nu aod void. AND THS MORTGAGOAS DO beceby wva~ant and agree: 1. '~'o pay all aad siugulu tbe prinMpal and interat md otber :ums of !no~eY PaYabb by virtue oE said pm~ainory iwoe and this mo~tgage, or either, P~P~Y a~ the days respeMiv~dY the same saverally oome due. ~ . 2. To pay all and singi~lu d~e tue~ assessmeab, bvfa~ Uabilitia~ obHgatioas aad inemnb~nwees oE avary nature and kiad ~ naw a~ said descriUed propesty. or that haeafter may be impo~d suffa+ed~p~ levkd~ ~ assessed. tLe~~em, or t6at Lere~Ete~ m+ty be kvied or a~sed upon this Matgage, at tbe i~H~ebtedaess s~a:ural he~by, cach and ev~y, wban due and pa bk, ; aooording to law~ before tl~y beooma deliaqnaat, aod before any inte~t Attacbes or any b 6raured; and ~ as ; aooo d any d,e~+eof is oE reoord tbe same sMti~e pr~nptiy satisEied and disctwrged af rec~ord a,~ origWal of~c~al doc~mneat (wch ~ as, for ia~nce, tLe tax r~ooeipt or the st~tlsfaction paper offiicially dxlorsod or certified) shall be pLced ia the h~nds oE said Associstioo as Mortgagee withia ten days next aker payment; And ia the event that any thereof is not psid, satisfied and discbarged, aaid Assaciation may at any time pay the same or any pait ~f without waiving or affecting any option, liea, equity or rip,~t under or by virtue of this ~?iortgage~ and tl~s fult amouat of each and cveiy sexh patyment shall be immedistely due andp aya~le and shail bear interest hom the date thaeof until p4id at the rate stated in the note secured 6ereby and together with such inter- ~ est shall be sec~red by the lieu of tbis Maatgage. - ~ 3. To keep tbe build'wgs sad all equipu~?t aud personal ~xopecty now or ~fter on s4id premises oovered by this , ~ moztgage~ uuured in a sum ual tn at least the auwunt of the a e or sn amow~t sufficia?t to oomply with nay oo-intur- ance xequirement covering the~sune vader the taws of the State of g~, oovering bss hom botL ~ire snd storm, making tbe ~ bss under said policies. cach and every. P~Yable to tbe AssocLttion, as mortgagee, as ib interest uwy irpesr, and aaid ins~ranoe ~ shall be in a good and responsibk insuiance canpany satisfactory to said Association, and wrltten by a localage,nt 1 - satisfactory to said Association; and tbe policy or policies slull bear a standard mortgage danse without caal~aad shall be he~a by the Associaaon, ana, in the e~?eac aay s~m of n,oney be~n~s payable ~er s~c~ poli~.y o~ polici~, the A~o~atioa ah.n : have ihe option to r~eceive and apgly t}ie same on aooount of the indebtedness hereby sec,vred~ or to ~t the aartgag~s bo ~ receive and use it, or any part thereof~ far ot2~.et purposes~ without tbereby waiving or imF~ring aa7 M~Y• ~ r!~ht nnder :u~d by virtue of thic mortgage, and may plaoe and pay for sueh insuranoe, or any part d'ye~of. without waiving or atfecting ib ; option to forecloae, or uny rig6t hereunder, and tbe fall amount of each and every s~ch p4ymeat ahall be imuiediately due and ! PaYzble and sball bear intenst from the date thereof until paid at the rate stated in ttie~ note secural hereby and together with % such interest shaU be sec~uetl by tbe lien of ~ Matgage. ~ , ; 4. Toperm~t, oommit, or suffer no waste~ impairment or detexioratioa of said propaty, or any part tbereof~ and upon ~ the failuro of the mortgagors to keep the buildiags on said pc~uperty ia good candition oE repair, the Assoc3ation may denwnd tbe immediate repair of said buiidiags or the iaunediata repayma?t of the debt he:eby aocsued, arxi the failure of the mottgagon to oomply with said demared of the Associatbn for s Period of Thirty (30) days, shall constitute a breach of thit ~o~t~g~ and, at the option of the Associ4tion, immediatdy matur+e the entue amount ~ princip4l and iaterest haebry? secured, and the Association, imonediately and witbout noHce, may institute prooeedings to foreclose thfs mortgage ~nd applv for the ~ppoin~a~t ; of a Receiver~ as hereinafter provided. 5. This matgage oontract p~ovides f~ additional advances which may be made at tbe option of the astociation and sec~ued by this mortgage, and it is ag~+eed that in tbe evmt of s~eh advanct~ tLe arrwunt may be addai to the mortgage debt and shall increase the unPaid b~lanoe of the note haeby sec~ued by the amo~mt of swfi advanee and s6aIl 6e a part of said note indebtedness under all the terms oE said note and this ooatract ~ fully as if a new such rwte and oontract were ezecuted and delivered. M additional advance agrcemeat may be g~vea And scoeptal for wc6 advanoe and p~+nvision may be made for diffe~ent monthlY PaY~b and a diffenent inter~st rote and other anodificatio~ af tl~e oa~tract, bot in nll othe: rapects • . this con4rad shall remain in fnll foroe and effect as to said indebt~ including all advanoes. ~ e. If .Ay aE rb..um. of auo.y A~n~ r~f.rrea to b. poc P~P~h? .na fuap p.w w~A~ (90) a.r ~a ,~fc~ ~ . • the iame sevenIIy aome due and PaYabb. o~ if each and w~ey the stip~ ttons. aSreerMat, eonditlo~. and carreaants oE ~aici promissoty note and t61t deed, a eitba, are not dnly perfarmed, oomplied with aad a6ided by~ the ag~+egate sum mmtioned 6? satd promissory ~ote ared any other amouat ar arno~uib sdded to tbe mortgage indebte~ness ~aider tbs tanas af tvis matg~8e shall become due and paysbb fartLwith or. tl~eafter at ths option of tbe Aa~ocfatbn. a~ fuDyr and oo~apietdr as if s~id agg~te vv~tl~dm~ w~s origioxlly Wpulated to be paid oa snch daY. saythin8 in said proonissory? uote or ha~eta to the coahary not-- & 7. To ddiver to the Associatioa, on or before March I5th, of eaeh year~ ta~c reodpts evide°c~n8 tbe Paymant of all ~aw- fuUp i~posed ta~ces for the poeceding calcnderye~r; to deliver to the As~iatioa reodpts evWeaci~ng tl?e payment af all }leos for pubUc imp~ov~ents within ninety (90) day~ aker tbe sAme slwll beoome due aad paysbk, and to par or dbd~arg,e wi~in ~ ninetp (90) days ~fter due date, aay and al! govanmental levies tbat may be made oa the mo~tgaged p~ty, aa this matgage. or note, or in aoy othe: way resulting fcwn the mortg,age indebtedness secured by this mortpge. 1' ~ i ~ • ~ ~ B0,?K ,~.OO PALt t . _ . - -