HomeMy WebLinkAbout1987 c~'~ t~~'~ 1i _t~
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l. To pa~ aII ~nd sie~nlas t6e p:iaeipal and intarNt ~ad other ~ oE mow~ P~~able b'f
~irtue oE ta~d pro~nia~or~? aote~_ aad thia deed. os aitLsr, P~P~7 oa tLe dap r~sp'cd~el~ t~ ~
~ams ~a~?eralt~ b~o~s dw. ~ ~ . ~ _ `
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t. To ps~ all md ~~r ths ta~si, aws~rment~, Ie~i~s, liabilities, ob~itioa~, an~l_ incwn-
br~aoes of e~ aatore m said dacsibed prop~t~, eaoL md s~ aad 3f t~ ~ame be nbt'P~Pil7
paid d~e ~aid b[ort~a~es, i» w~ooero~ lesal repraeatatLira or a~sian., ma~ a aa~ dms p.~ the
s~me ~?itLoat ~rai~ or affeoR~n~ tha optioa to Eoree3ow, oi am~ r~ht her~mde~t;~d :e~ pa~-
ment ,o auds .haII be.r iatere~t iro~n tLs date tLei+sof a d,. r.~s o~- ~~~4LjiQ:afimm~.
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3. To pa~ aU and aiogulu tLe cosu, chu~ and atper~a, iaclndina la~er'~ fee~, reasonabl~
iaeoersd oe paid at m~ tims b~ ssid Moitaaase, ib anccee~ors~ leaal reprea~ntadves or a~aigns,
b~e~tre of the failn:+s on ~hs paut d tLe s~id Mort~oe8-. t.h"ir b"' ~ ~e6a1 raP=+aeaad~
or .asiaos to perform, comPly ~vi~h and abide b~ each and ererp t6e scipn2acio~or. a~+eam~n. oon-
ditiar~ and oc~enmts bE sdd prom4iMO:~ aote~_ aad tlw deal, or sither. and e~ery snc6 pa~aQent ~haIl
b~ intsseK Eroaa dw a tLs rats er t en ~er eea~. pee au~a..
To keep tLs baildi~a~ ao~r or Lere;fte~ on aid lmd in~ared ia a sam naR lers th•••
SLGflT THOU3AND 3EVffi~i HUNDBED & NQ/lOQa~,~, ia a ooap~ny or campanie~ to bs ap-
pro.~ed b~ .aid Ma~aaes, and ~s pol~c~r or poHcies Le1d br aad p•y.ble to .aid Mo~aaes, i~.
a~oosMOr~. l~al reprs~euta~he~ or awiao~, and in ths e~ent ~s~ mm of mone~ beoome~ pa~able
oader weh polic~ or poliaiey t6e Mortaa6ee. ib a~oowon, k~al repre~atat~~ or a~n~ s8all
6a~ the option to rscei~e a~d aPPlp ths s~m~ on a4oomat of ths iadebtedaeas bereby ~ecared or
to permit tLe Mottsaaor.~ to reee~ve and we it or aay part thereof for ot6er pnrpo~ea, ~?itliont
ber~ebr ~r~i~ina a~ imPairiai ~7 ~7~. ~~~~mndsr or b~ rietae oE tluw mo~aae, aad
ma~ plaos and par for aach ia~oraaes a~ ~m~ part tLersol ~ritbo~ rraivina or affectina the option
to foreElo~e or an~ right Lee+enoder, aad e~ch aad e~~ ~ee~ pa~ment iLall bear intereat from dats
at the rsts eE t en p~r cenL pet aanas.
S. To pazmit, eo~a~it o~ saffa~ ao ~?aste. impairm~at os det~riantim of s~id pro~ertr or
~7 F~ t~+eaE.
6. To PerE~. aooPlp wttL. ~md aLad~s b~ ~aeL aad ~'7 tL~ stiPaLtio~ a~reemeaa+ con-
~tioos aad oo~eaaass ia ~aid Pra~iror7 nota-. sad ia tbi. deed ~et fa~.
7. If an~ of ~aid s~ ot swas~ be~+ein reEerre~i to be aot praampd~ and fnlly paid ~rithin
thi rty ~ ~
~anre:aD~ beoo~e dne a~rd pa~able, or if each and e~ex~ the
dipnLtion~, agreements, ooad~tionr snd oo~eaant~ af aaid psoa~iMOr~ note~ and tLia deed, or either,
are not fnll~ perfornud, oomplied with and abided b~, the said a~reaate sam mentioned ~n uid
promi~wr~ not~ ~Lall beeom~ dos aaa pa~abls fwrth~rit6 or thexeafter at t6e optioa of the Mort
6~6~. ~1 ~'a~?re~a~ttatiies or aMi~, as foD~ md oomple~el~ ar if the aid a~re~a~e +
~ ~ EIGHT THOUSAND ,~EVII~t HUNI~SD & xo/10o - -aoIIars ~?ere ori;i~naIIp
stipalatea to be paid on aocb da~, as~tbiaa in said pro~iror~ note` or het~eia to the oontrary
notwi~
Qt s?ITNC33 ~REOF. tbe aid li~~.~, have ~,,.;,.,.3 their s
and ~eaL t6e da~ ~ad Tear tir~t abo~s welteeo.
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a~K164 ~1985
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