HomeMy WebLinkAbout1757 ,~a-. r • .w •
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sad ~aU p~tlosm. ~ompl~ wltti aad ~bid~ b~ wch and tL~ atipnlatton~. a~wmenb. oon.
dti~oa~ sad co~~nanb a~ a~6d promiror~ sot~. a~d o~ thi~ deed, then tLi~ desd and the esta~ -
bersb~ csao~sd sDall aeaar and be an11 and ~oid.
AND ths ~sid Yort~a~or~ ior-~hemselves
:n~t thel~e hsi~ le~sl r~p~eantatfiea snd aesi~a~, bersb~
..._.w..__ - .
~+~enant and a~res • ~ _ _ .
1. To pa~ all and ain~alsr ths principal and intsrest and othas ~nms ai moae~ payable by .
~istoe oi eaid p~romiaeor~ nota~_ snd tLi~ deed, or eitber. promptl~? on the duya reepectival~
. ths wne ~svanU,~r become dna
~ _
& To pa~ ail and sin~nlar the t~es. ae~e~smenb. leviea, liabilitlee. obli~tions a~nd incum
branca a! every nstnre on asid deecribed propart,~. each and every~ and if the e~?me bs not
. promptly psid t~e ssid l[ortgs~ee, i!a ancceaeors, le~al representstives or assi~ns, may at say
6 fime p~,y the same without paivin~ or aKect~ the option to ioreclose or aay rl~bt berennder.
~ and every pa~ment eo made sball besr intsreat irom the date thereof at. the nts ot ten
per cenl. per annnan:--
~ a. To p~,y sU and dnQnlar the cost+~. chsrQes and ezpenses. inclndin~ lawysr's iees, rea~. ~
~onably incarred or paid at an~ time by ~aid llort~a~ee. fb sac:esors~ le~al rspresentsthres or ~
asd~ns, becanee o! ths iailnre on the past o! ths sdd ]I~ort~saorB, *~ei r ~+eirs~ le~ai -
rspresantitivea or s~si~as to pertorm, compl~ with and abide by each snd ever~ the stipnlattoas. ,
a~e~eementie, coaditions and coven~ats o~ ssid promiesory note_._ and this daed, or either. and
every snch payment sball be~r intereat 4om date at the rsts of te~ per cenk per annnm. ~
~ ~ 4. To Yesp the bnildin~r now o~ hereaftsr oa esid lsnd insared in a sam not lees th~
TIIOUSA~D SSVEN Ht1NDRED & No/100----~nollars~ in s company or compsnies to be ap- ,
proved by asid MortQagee. and tha policy or policies held by and paysble to aaid l[ort~a~es, -
its sncceeeors, le~l repreeentatives or assigns. and in ths event sny anm oi mone~ becomes psy-
~ able nnder anch policy or policies. the Mortg~gee, ita ancceaora. le~al representatives or aeei~ns .
shall lu?ve tbe option to receive and apply the same on uccount of ths indebtednees bereby as-
cared or to permit the MortQagora. to receive aad nse it or any part thereo! ior other purposes, ,
wi~hont hereby waivina or impsirtn~ any eqni~r, lien or rt~bt nader or by vktne ot thia mort-
gage, and msy plue and pay ior aach inaariwce or any part thereo! withont waiving or atiectin~
'the optton to torecloee or st~y rtgbt herennder, and esch and every anch paymeat ehall bear ia- ~
; terest iram date at the nte ~ ten per cent per annnm. ~
~ ~ 6. To permit, commit or anifer no weate, impai~ment or deterionf3on oi esid propert~r os
aiy? Part thereof.
6. To periorm, compl~ wit6, and sbide by euch and every !6e sttaptatians. s~r+eemenb.
coaditions and covanents in add promissor~ nota_, and in thia deed set forth. ~
' 7. If an~ oi esid sams ot moaey herein rsierred to be not promptl~ and inll,~ psid witLiu
~i~~ dsys nezt atter ths eams eeveraUy become dne und psyable, or if escb ~nd ever~
tbe stipnlstions, a~reements, eonditions and covensnta o! ssid promimory nots~ and this deed,
or efther, ~re not inlly performed, complied with and abidsd b~. ths said a~re~ste anm mea-
~ioned in asid promieeory note~ abaU becoms due o?nd psyabls iorthwith or theresfter at the
optlon oi the Mortgs~ee, itis sacceesors, le~tl repreeentativea or aaeigas, aa inlly and com-
pletely as ii the asid sgareQste anm ~tEIGHT T~IISAND 38VEN AUNDRED AND No/100
. doll~ wu~ osi~aslly stiynl~?t~d to b~ pdd on ~qch daY. anythin~ in sdd nsomiMOr~r aot~ _
' or herein to the contrary notwithstsndinQ.
II1 WITNF.S~9 WH,FBEOF. the ~sid ][ort~aQor
hereunbo ••t their hand.~nd seal s
the day and year ~,et above wrl~ten.
Si~ned, ~esled and delivsrsd ia j~he pressnce o~:
. ~ ,
~ ` ~ Y
~ " oe
- ,
; NORIrlA J. Y~C
e~.~ ~
~ R. 114 f~cE 553
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