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HomeMy WebLinkAbout1304 Pl'~OVId~ ~Wa 8,~ that if satd .Mort~a~or a their heirs, le~al representatit~es or asai~its shalt pay unto the 8a~d JKort~ogee~ , their l6~ represantatives or ossi~is, the certain promiasory r~ote , of which tl+,s ~ollowin~ i~a u.•nrdsc ~r~c~ R~ures ~ true co~i , to wit: •,i'!~^'1 1.. 1~. ~ f - i ?~?'y 4 Y'~ i M • i- L' i t. ~ 'z ! 1 t r t- t-~'t ~ rz-~-T 1'_ c T't" ~ i t• ~ i r''Z' ' .t'`='i - , i' r' . T wp- ~ ~ e ' ' ~ i .tr S~ ~ ~ t„~~ y~ y~~~ ~ j ~~~~M +~1!{~-~~~ i T • ~ 1~! j ~ • ~~~5;~ ~ • r j'~ _ ' - ~ ; ; . _ Jy .a~ ~ . ~ . . . • ~ 1 ~~+'~T-+--! r.-~.~{r-. F t z t-ai ~ .---iN ~ - y~~,,;~ : s ~ . y s i * I ~-„i t.. . 1l~..+ N~r ~ -~e i-,.++ ~ -t 4-~ ~c t--~ s ~ es-..-. r-~ ~ r---•ji.,-'i• ~ . -..s~.~ ...w`r.::. . ~ t's-'.~ ~-;y ...ti. r:.a ~-r . . ....4 I t _ . . , . . _ . . . j. : . ~ . . ,.t, . 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All(~ the said Mort~ago~s for them ond ~their heirs, k legol representatives and oasi~na, hereb~/ covenant and agree : I l. To pay oit and ain~ular the prinespal and inte~est and other su~ns of m,oney ~ ~ pa~able by virtue o~ aaid prom.iaaory note and thia deed, or either, pro~nptib, on - the da~s reapeotively tlr~ same aeverail~ come due. t. To pay aii and ain¢ular the tozes, assessmen~t-s, l~~aes, iiabilities, obti~ationa and encumbrancea of euerJ~ nature on said desc~ibead property each and er~ery, and if the aame be not promptly paid the aaid .hfort~a~ee s, their heir8, legal repre8entativea or assi~ns may at any time pa~ the same without waivin~ or affectin.a the option to forecio8e or any ri~ht hereunder, and every payment so made aholl bear interest fro~n the date~the~eo~ at the rate o~ eix per eent. per annurrZ. To pay all and sin~ular the eosts, charges and e~pensea, includin~ lawyer's Jeea, reasonably ineurred or paid-at an~ time b~ 8aid Mort~a~ee ~eir heirs,le~al repre8entatives or assi~ns, because of the failure on the part of the said Jliortga~or s, their heir8, legal rep~esentatives or assigns, to perform, co~npty with and abide by eaeh _and ever~ the stipulations, agreerrcents, conditiona and eovenanta of said promissory note and this deed, or either, and every such pay»zent ahall bear interest fro~n date at the rate of six per cent. per annu~n. ~ To keep the building now or Tiereafter on 8aid land insured in a sum not leaa than None Dotlars, in a corrcpany or corrcpaniea to ba approved by 8aid .14fortga~ee , and the policy or poticies held by and payable to 8aid .1Kortgagee , heirs, tegal representatives or asai~ns, and in the ever~t any surri of money becomes payabte under such pokcy or policies, the Mortgagee , heirs, tegol representativea or ossigns, shall have the option to receive and applb the same on aecount of the indebtedness hereby secured or to permit the Mort~a~or to receive and use it, or any part thereof, for other purposes, without thereby waiving or impairin~ any equ~ity lien or ri~ht under or by virtue of this mort~a~e, and may place and pay for such insurance or any part thereof without waiain~ or a~'ectin~ the option to fo~eclose or any rigkt here- under, and eaah and er~ery 8ueh pa~nent ahall bear inteTeat frorra date at the rate oJ per cent. per annum. 6flf,~( ~'Ai't , . ~ _ .~.n, ~ - - . - _ . _ - _ - - - ~ - _