HomeMy WebLinkAbout1446 To pay all and singiclar the costs, char~e.s ci~cc~ ea~pe~rses, i~rclutl.in~ lau•~er~s
fees, rea.sonuhtJ i?icicrre~l or Jxiid at anJ time b~sc~id ~41a•tga~~e Lec~ius~ of'tlie fc~tl~~r•e
ai the part of the said .;llort~'agur to perfornt, cun~~~l~ u+itl~ a.ncl aLidc b~ e~~ch a~:d
ei~erJ the stipuluti.o~ts, con~litions anc~ covenan.ts of'sai~[ p?~omis.sorJ note« iecl tleis deed,
or eztiter, and rvery sicch. ~a~ment shalt. bear interest frnni date at t/re rate of s1x
per cent. per annuni.
To keep t/te bccilaling's now or hereafter on said lanc~ insicrec~ i~a a si~m nut lras
than NINE THOUSA~ID AND NO/100----------dollar,s, i~a Q co~n~xcn~ or cnnz~.u~ries to be
ap~~roued by said .rifortga~ee, an~ tlie policJ or policies laeld bJ a~e~ ~cr~/nblc~ to saic~
,hfortga~ee, and i-n the event anJ tirem of ntone~ Leco»:es ~ucryaLle rent~e~• sr~ch ~ulicy or
polici,es, tlee ~~Iort~sa~c~e shall haa+e t/~~ option to receive a~ed a~~J~IJ the xun~~ o~r acco«iet
of t/ie indeLtedness /rerebJ .~ec~cred or to per»ait tlie ~?iurt~a~or tu ~eccie•e a»c~ ~~..e it, or
anJ pcart t/iereof; for oth.er p~cr~oses, ivitltorct t/cerehJ u~aiviras oi~ i~n~iccii•iir~ ~~~r.r~ e~~ei.lJ
lieii or right under or b~ virtr~e oj' t/iis mortg~~e, and n:a~ ~,lac•e ~rnd ~~ui~ for such
insr~rc~nce or anJ paert t/e.ereof, witlaorct waiurie~ or ~~fj'ecting t/~e optiai to joi'~CIOSP Or
c~~ay ri~ht hereun~er, an~ euc/i a~ad everJ such• JxzJme.n.t sl~nl,l b~ar ii~ler~st fi•nn~ d~i1e
at the rate of six per cPnt. pPr annr~~rt.
5. To perrrait, commit or suffer no waste, impair»tent or deterioration of said
proper~y or any part thereof.
6. To perform, comply with and ahide by each and every the sitpulations, a~ree-
m,ents, conditi~ons. and covenants in said promi,ssory note and ir~ this deed set forth.
7. If atny of said sicros of money h.erein referred to be not p~bmptly und fully pdid
within fifteen ~RJs ~aext after the same severall~become drie and payable,
or i~t' each acnd everJ the stipul,cttions, agreements, conditions and covenants of said
pro~nissory note and th.is c~ee~G or eitlrer, are not dulJ performPd, compl•iP~ with, and
acbided by, the .said d~sgregate stcm mentionecl i.n said pro~nis.~ory note shall become
due and paJable forthwitla or thereafter at the of~iior~ uf th.e .hlort~'a~ee as fully ctnd
eompletely as if tlie saic~ a~gre~ate sum of NINE THOUSAND AND N0,~100------------
dollars was originallJ stip~clated to Le paad on srcch. day,
anything in said promissory note or laerein to the contrary notwithstdndin~'.
~
~
~ ,
~
.~ll ~ttltPB~ ~hPr~pf, Th,e said Mortg'agor herercnto set hi,s hand arcd
+eal tlte clay a.nd Jear first aboae written.
Signed, Sealed and Delivered in Preeence of:
~c!y~~, ,
_ / . f dicMo
~J: ,~~~li ~~Ic. u a-
Ruby M. Mock
° RK~.41
~ - .
_ . . _ _ -
. _
.
~ _
x_~. - . v
- _ _ . . _ ~