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Home My WebLink About1910 ._+_~ry~rr~l.+wi•~w^:~i.~'w• .?.r n~~ -~t:: ~tf+v •r.3 = a~~-"~=s'-- - _ ~~..~T~~.w~~ - ~ ~ ~ ~ ~ . . AND tha said Mortgago~s h~reby covei~ant and agree : ; } 1. To pay all and dagular tbe principal aad interat and other suasa of money pay ' abk by virtue of said promiasory note and this deed, or cither, prompdy and on the days rapectivety tlu same severally bocome due. 'i 2. To pay all and singular the tazes, levies, liabilidcs, obL'gadons, and encumbrances ~ of ~very nacure herecofore or hereafcer impoaed, plac~d, levied and ~ssessed oa said dc- ~ acribed proparty, each and cvery, and if the aame be aot prompdy paid the said Morcgagoe ~ may at anq time pay the aa~nc without waiving or affecting the opdon to fonclose or any right hereunder, and the amount of every payment so made shall b~ar int~erest from the date ~ thereof at the nt~ which said nou bGars and ahall be aecured by the licn of this mortgage; tht Mortgagor s agree w furnish to the Mortgagee prior w April of each yeu rcceiprs for all ad valorem tases paid by th~ Mortagagor d. 3. To pay all and singuLu the costs, charges and ezpenses, including lawyer's foes, reaaonably incurred or paid at any teme by said Mortgagee becauae of the taulure on the part of the said Mortgago~ w perform, comply with and abidc by each and evcry the stip- uladons, agr~.cments, conditions and cov~nants of said note and this e~eed, or either, and the amount of ~verq such paymcnt shall btar iaterest from date at the ratc which aaid note bears and shall b~ secured by the lien of this mortgage. . r 4: To keeg the buildinga now or herea£ter on said land inaund againat loss by 5re ia ~ ` a sum not less tl~an the amount of thia mortgage fro~n time to timc outstanding and unpaid, ~ ~ attd insured against toss by windstorm in a sum not ka,s than fiftq per cent ( S 0`~ ) of the ~ full insurable value of sai~d premis~s in a company or compani~cs to be approved bq Mort gagec , and t6e policy or policies held by and payablc to said Mortgagoe , arid, in the event any sum of money becomes payabla under such poliey or policies, the Mortgagee shall have the option to nceive and appply the same on account of the obligation hcreby aecured or w pecmit the Mortgagor e to rereive and use it, or any part thercof, for other purpoaes, without thereby waiving or isnpairing any equity, lien, or right under or ~ ~ by vircu~ of ihis morcgag~, and maq place and pay for such insurance or any pazt thercof without waiving or affecting the option to forcclose or any right hereunder, and the amount of each and every auch payment a6all bear interesc from date at the rate which i said not~ lxara and shall b~ securod by the lien of this mortgage. . S. To permit, commit or suffer no waste, impairment or deterioration of said property or at~y patt thatiof. 6. To perfortn, comply with and abide by each and every the atipulationa, agree- m~nts, condidona and covenu~ts in said promissory note and in this deed set forth. 7. If any of said auma of money herein rcferrad to be aoc promptly and fully paid within thirty days a~st after the saine severally bccome due and payable, or if each and Cvery the stipuladons, ag~lesncnts, conditions and covenant~ of aaid promissory note and th~s deed, or eitk~r, are not duly perforaied, complied with aad abided by, the said a88~8ate sum mendoned in said not~ then remaining unpaid, ~vith ucnud iaterest and all other wa~s secured hertby shall become du~ and payabl~ forthwith or thereafax~ at the opdon of the Mortgagee , ai fully aad compkuly as if the aaid aums were originally stipulated to be paid oa s~ich day, anything in said promissory not~ or hen?in to the " contrary notwithst~ndiag. . ~ i ~ - f 8~1~f ~~1 F-~Lf 101~ ~ t . ~ ~ - _ _ _ L