HomeMy WebLinkAbout0478 _ ~_~~~~.~ti?~_ ~~`-r"~'w
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1. To py sll snd sin~ular ~bs prlncipal and intsresti and othar aums oi mone~ pysble b~
~~~irtue oi asid promi~saq note_ and thit desd, or eithsr~ prompt,i~ on ths dqs respsctin~ tbe
same sersral~j become dus.
4. To pa~ aU and singnlar ths ts:ee, ~sesamenta, ledes, liabiliLiee, obligstiona. aad incum-
~ brsncaa oi s~er~ nsture oa said desacIDed propert~, each and ever~. and ii t~he ssms be aot promptl~ '
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patd ths asid ~Iortgagea~, their ltsirs~ legal rapreaent~?tlves or aaaigns, m~41 at a~ timd pa~
Lhe sams without wat~ing or atiectin~ the opdon to lbrecloss or ~un~ right hereunder, and e~ery
pa~ment ao matle sbaU bssr intereat lrom ths du?ts thereoi st the rat~ oi~.per cent. per annum.
3. To pyy sll and singulat t?he codts, charges and espenses. iacludiag lswyer'a feea, resaonabl~
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iacurred or paid at any time b~ said ~dortgagse~~ their be~, legal representstivea or aasi~ns,
becsuss oi ths isilure on ths part of ths ssid Mortgagor their heirs. legul repreaentatt~es or
~~~~t saaigns tr perlbrm, comp~y with and sbide by each and svery the atipulstions, agreementa. condi-
Liona ~?nd co~enants oi a~?id promisaory note_ snd th~s deed, or eit~her, snd svery such p~yment
ahsll bear interest irom dste st the nte oL.~per cent. per anaum.
4. To keep the buildings now or heresttar on asid L?nd insursd in a swa not less th~?n
; Thr e e Thous and - - - - - - - - - - - - - - - - - Dollsts~ ia s compaqy or compsnies to be sp-
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, pro~ed by asid Mortgagee~~ and the policy or policiea held by and paye?ble to ssid Mortgages~, -
„ their befrs, legal repreaentstives or assigns, and in the event sny sum oi mansy becomes
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pq}~able under such policy or pollcies, the ll~ortga~gee~. their heirs~ legal repreaeaLsLives or
asaigas, shall hAVe the option tQ raceive and spply the same on account of the indebtedneas hese-
by secured or to permiL the Mortgagors to receive snd use it or sny part thereoi for other purpoaea~
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without thereby waiving or impatriag as~y equity~ lian or right under or by vlrtue oi thia mortgsgs,
and may place and pa,y for such insurance or any part thereai without waiving or affecting Lhe
rl opLion to foreclose or any right hereunder, and aach and svery such psyment ahall besr interest ~
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~ ~ irom date at tba rate oi six per cent. per s?nnwn. ~
~ 6. To permit, commit or auifer no ~vsste, impsirment or deterloration of ssid prnperty, or
~JY P~tt thereoi. '
~I'^~~; 6. To perform, comply with, aad sbide by esch and every the atipulstiona, agreements, con- ~
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ditions aad covenants in said pmmisaory note_, and in thia deed set forth. ~ _
'~'v% ~ - no rom and ful d within ~
7. Ii auy oi said sums oi money herem r8ferred to be t p ptly ly pai
3~ days nert after the same seva-al~y become due and psyable, or ii esch and e~ery the ~
stipulationa, agreementa, coaditians and covenanta oi said promisaory note- snd t1~is deed, or ` '
ti-~ eithar, ars not ful~y performed, complied ~vith and abided byr the aaid uggregate eum mantioned
in aaid promissory note- shsll become due aad payable forth~vith or thereatter st the option oi
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the ~dortgagee
s, 1~eir hei~, legal repreaent~tivea ar assigns, as futly snd completely as ii
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the ssid sggrega*,e sum oi said note ~ were ori~inally
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stipulated to be paid on such day. aaything in said pra~niasory note- or herein to the contr~ry ~
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notwitbstsnding. -
~ s have hereunto set ~eir
IN WITNE88 WBBRSOF, the ssid Mortgagor_,
~ r"~~ hsncLs_snd seaL-the d~ and year iirst above wrifixen. ,
tiz :,~i; en ~ ;
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fii 8 , seated sa eli~ered in the pressace oi:
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F, ^ (8ea1)
~ ar.os E . so
~i~ . _ ~~l C <<C/L ~ ~!~/L~eal~ t
~ _ . Patricia L. Alonso `
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d00X PAGE .
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