HomeMy WebLinkAbout2892 i. To pay atl a»d sinDubr Nls pri~cipal a~ed intereat a~ui otker a~na o~ ~oriey payable by
virttie of aaid promiaaory note_ a~ed t~ia daed, or eitl~e~^. PromPtiy on t11e dayi reapeatively tll~
aame asvernliy becoma d~~e.
s. To pay aA ard ain~?ular t11s tasea, aeaess~tenta, tevisa, tiabsTitiea. obiipatioxa~ o~d ericu~-
brar~csa of avery watta~s ox aaid described property. each asd every, and if tJle aams be not P~''~mP~
ly Pad tJke ~aid alortDayse~ their ~gd ~~entatives or
aa~i~s. ~nay at a~g?
L~ana pay the same wetl~oe~t u,aivinp or aff~~ the oPfiori to forscloae or auy _ryl?t ker~ender,
and averyt PaY~t ao made all~att bsar ixtereat ~rom ths date tlkarsoj at tl~e rate of~per
cenk per a~atxm. _ . .
S. To pay ait and siripular ths coata, c]karpea and sxpanaea. i~nclxdiriy lawyar'i f
ee:, rew~-
abiy incerred or paid at any time by said MortQags~,, thei r ~ra, l~ya~ repreaentatitiea
or aaaigns, beea~aa of ths fa~ere a?ri tAa part of the aad Mortyagor-, - his ~d
repreaentativea or a~ip~a to perforr~„ co~nPly witlk arid abida by uuh aud svery ths aapwlatio~,
apreementa, eonditioria a~d oovenaxta of aaid prorniaaory note ce~td t~ia deed, or either. a~d
ever'Y ~uch Payrxent a1raR bear intereat from date at tll~a rate of__$~ per ca~tt~. per a~a~.
To keap taks bw7dinya xow or lkereafter ou said la~d i~awed i~t a ataR ~ot ksa tba~.~
full inaurable value no~,..~~ ~~a ~~,ny
to be approved by aaid Mort~?a9e~. and tl~ poiiey or policies held by nxd payabls to aaid Mor~
~ Dag~ s, their ~.~a, Ieyai re~preaenta~itiea or aaai~na, and in t~ke eneKt
any aum of ~nonay becomea payabis ~endsr auck polieir o~" Pdicisa, t1~ Mortyayse~-g,
their a, ~9a1 repreae»tativea or aaaigna, a1~aJi lEave tlae aptioa to rsceive a~d
appiy tlie aame o» account oj tlts indebtednesa 1lereby aec~ered qr to permit tks Mortqa~or to
receivetand uas it or any part taaereof for otll~ar P~'P~, ~oit~out tberaby waivin~ or impairixg
4 anEl a9'~Y, lien or
right u~der or by va~tue of tllts mort9ay~ and ~xqt place axd pa~? ~or auck
inaurance or any part thereof 'cithoe~t waiving or ajfectirig the option to foredoas or aust riylst
hereunder, a~d saal~ and every s~ck pay~eaKt shaA bear intareat frnm date at tJE~s r+ate of.~
per een~. per annu~.
5. To permif, commit or auffer ~no waate, impairmerit or deterioration of said propsrty. or any
part tliereof-
8. To t~?'f~, ~PIY with, a»d abide by each and avery the atipulationa, o~reementa, co»r
ditions a~d covenanta sn aaid promiaaory ttot~, and in t~hia deed set fortk.
~
y. If any of aaid auma oj money herein referred to be not promptiy and jully paid withix
thirty ~ys next after the aama acverally become due and payabie, or if e~ach and every t.~a
at~iPxiationa, a9reementa, conditiona and covenants of aaid promiaaory x~ot~ a~d tJkia desd, or
either, are »ot f~y P~"f~~, ~?+P~ with and abided by, tlaa aaid aDy're9ate sum mentioned
in aaid promiaaory note aliali become dua axd payable forthioitk or tlsereafter at tl~ option of
s the i r ~ ~~y arid cornpletely
tlbe Mortgaye~--., ra, lepai represanta.tivea or ~$15 S
~{f sy~g~ ~ of FIFTEEN TNOIISAND FIVE HUNDRED-----s_ ~,.w m~„e
originally atip~ated to be paid on auc~ day, ar~ything in aaid promisaory not~ or herein to ths
contrary ~totwithatandin~.
IN WITNTSS WBEREOF. tke aaid Mort~agor_,, has a~ hi$
l~a,~and aeai,tJ~ day and year rirat above .
s ~ea ~a: (Seai)
o n W. Braxton
tseai)
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