Loading...
HomeMy WebLinkAbout0557 ~ Y ~ ~ 1. To pay Atl atid dnsnlu tM Pri~iwa •na ieRaras .nd otbar .u~q. oi ma~e~ pn~nbk by ~.irtue oi .~?ia promi..ory note a~d rneb further ~nm or saau ad arorrey. i!' W, ~ the ~id p~rlr oi tha Mrond part mar +advance !o the pari~.._ ai LM first part prompttr ow tRe dx7s ras~eedra~l?~ the ~ita~e rewrally beeoee~ dua 8. To paY a11 and riu~ular the tua~, are~sMs. levie~r, tiabititia,. obiiratioAS ~nd e~ambr~noea ot ev~ery' nsture on aaid dercribed propestiar~ asd K tbs a~me bs ~roR 1?~A~7 P~id the s~id partr ad tM Moond pasl. ib inoow~~ts and aasiLor . . _ _ . . _ . . . . - . . ~aay ~t any time psy tbe s~1a wit~oat watvio~~ ar ~lfect~ t ke optbn ta iaa~eclo~e or aay ri~ht 1?erennder, and every pay- ~r?ent w mada st4w11 "bear' i~et~iwt ff~o~! tbe' dwte I?et+eo~ a!''tM 'r ~atx bf '~,:~~"P~'~t, per tnnwh. ~ 3. To p~y a,ll and ~in~nlsr tse eata~ elu~t~t snd exA~a~e~. ineluding atLorney's fee~h reaaenably incurred or paid ~t any time by said part~ oi tl~e ~so~ird part, its soaaMOr~ la~at rirPrasentat[ves or aa~i~ beeaase ai the fsilnn on tl?e part of the aaid part'~.~L oi the tirrt parS, the~r sac~rsors~ la~al reprwentstiver or assi~ns, to perlorm, eomplq with s?nd abide tay each and every stipnlstioH, a~reesnent~ oondition and covenant oi ~a id promie~ory note and tbls de~d, ar dther~ and every rueh pay- mant rhall ba?r intex~t fra~ dste aL tbe rrtte a~ peroent, Mr aanum. ~ ~ 4. To permit. commit, or atctfer ~ x~ie. impatrment or deteriontion o! aaid pmperty or any pu~ th~reod. , R • ~ 6. To perform. oo~mply ~vith aad abide by e~ch snd every t~he atapulations, ~greem~nts, oonditions and cove:eanta in . said prami~eory note aad in this dead ret forth. i ! 6. Ii ~tny oi stid anms ot mon~T herein reterrcd !o be not promptl~ and inlly p~?id rvithin ~ dsyrr nest after tl~e exrne ~everally b~econoe dne and psysble, or ii ~rh aad ev+ery the stipul~tion~, a;r~ent~, eonditiona and covensnts ni eaid promi~ory note and this deed~ or either, ~re ~ot dnlq I~erforn?ed, complied with and abided by~ the esid a~greKste sum men- ~ tioned in aaid proamissory note. ~hslt beeome due and paYable f orlh~vith, at the option of the pariy ot tbe second part, ~ta sr.eceasora, k~?1 npre~tsti~ or aedgns~ aa inlly and campletely :s if the tsid a~regate snn? o! Sh1w h'. da1~ ar: ~ or t,~e advsnoes heretofore rcferred to Ass ori~inatty rtipulste~i ta be paid on snch dsq, anything in said promieeory note or notr.s l~ter to be ra~ecuted and aecand 1~ereby, or lurein~ to the contrary nat~vithitandtn~. ~ ~ 7. To keep the bv~ildin~t naw or berwfEer on wud lands insured in the t~um not les~ than ~..~i~ ~o»u+d 14 nn~lpp ~ dotlua in • company or oompanies !o be Apprnved by the said p arty ot the necond pai't, ita sn~rs, legal rept~esentatives or assigns, ~nd in tLe event say anm ad moncy b~comee~ Payable ander sneh policy or polidea, the said party of the eecond p~rt, ~ ib succeasara or ~asigns, ehali bav~e the option to reeeive and apply the same on aaonnt of the indebtedneas hereby secnr~ed ~ or to permit the psrliea of tlse fixat part to receive and use it, or sny part t3rereot, for other parpoeee, withont therebp waiv- F ing or ixnpairing any eqnity lien or right nnder or by virtae oi this inortgage snd may place and psy for sueh insurance or an,y part theren! withont wsiving ar aifeCling the optfan to iorecM.e or any right hereunder And each s?nd every sach payment s1u~11 bear intetr.~t at the r>tt~s at 6 perc~nt per snnnm irom dste. 8. In the event it becomes necessary to foreeloee thia mo rtgag~e, partiea oi the tirst part sgree to the appointment of a receiver, to caaserve tlse renta and protita becuring irom or derived from the above described property. ~ E ~ ~ F ~ , . ~ ~ . . . . . . : - . , . , . , . , . . . . ~ c t ¢ !N R?11'NES$ ~4!H.F.REOF,_the said Mort~agor ~~.Yl, herennto eet their hand,Z_ and eeal the ~ ' dsq ~nud ~~r lirst sbave w~^itt+~a?. ~ Signed~ eesled ~iind`d~i ' tbe pxes~nce o~: " T ~ EAL) ~ ~ a . : :~G : ~ i.. a p O~Jl~ - (SEAL) ' _ .-i .'vl~ • ~ . ~r , S ..D . ~ 4: