HomeMy WebLinkAbout0113 . ~ '
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1. To ps~ ~Il and dn~ulas tha ptincipal aad Iat~ce~ ~ otbar sum~~ PVa~M b~r ~trtne oi aid promi~sory twte
aad snch larthar snm or n~m~ os mone7. ii a~n7. as tl?e ~aid pa sty a~ tM ~eooad part m~yr ad~ano~ b tM part.~t___ ot t6s
~ Pu'~ P~PW7 oa tM day~ raipecti~el~i ths sime ~eraalbr'be~ows dne~. . ,
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1b py ~11 aad d~alar ths tue~. aaes~nsnh. Ia~rle~, lia~billtier, obli~aLioas and eawmb:ana~ os evas~ aatars oau
sa~d..de~eribed
' propertia, ~und.ti tbe ~an~s be not pranl~i Dr~d th4 said nartr o~ !M sseond pal, itf snooe~ro~ss aad aa~i~n~
may st an~ time pay th0 ~arns wii~oat '~vatvIt~ or aifectia~ t be option to ioredoN or sn~ rt~At berennd~r, and arar~. p~y.
menf ~o made sT?ial' bear"intensE iro~a tZie'd~te 1~eraa[ at t~lie ~ r'~te ot':_.~=' Pet'e~At, Pe1r aiinom.
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S. To pa~ all a~d dngulu the eoits. ehae'ta and e~penaer.lncludL~ sttorney'a tees„ re~uonaWy ineurred or paid at si?Y
time by aaid party~ad the ~eound p~rt, fts aneeero~. lKe~a1 rq?resentativ~a~ or a~ai~ns, beeawe of the tailnra on tho put o~ the ~aid
Purt--~ oi tbe iir~! P~, her anc~ee~ors. 1eq1 :'ePra~t~?ti~?e~ or aasitw, to pe:torm~ o~mp~ with and abide by ea~ch
and e~rery atipdatioa. agreemanl, eondit3on and cove~nt oi ss W proa?ipor~ note ~ad this deed. or dther. snd ever~ inch pay-
ment shaU bear intered trom date at the rate o~ P~~R l~
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4. 1b permit, oo~mm~t, or satier no wast~s, 3mpairment or deterloratlon o~ a?id Propart~ or an~ par! tl~areo~•
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6. To pertorm, eomgly wllh aad abfde by e~ch a»d ever~? the stiPnlstlons, a~re~~q, c~ditions and ooren+?nb in
sdd promiswrp aote aad in thi,s deed set iortb. -
6. I! any ad aid sams ot money herein reternd to be not P~P~1Y a~ it~lly paid within 30 dsys ne:t ~?tter the
same aererally beooeue doe and WYi?ble, or N each aad avery ths stipnlation~, a~e~eemenb, ounditions and aovenants oi. ssid ~
promi~ory note snd thb deed, or eithat, are not dnl~ periormed. oamplied wkh and abided by, the said a,ggr~gate sum men-
tioned in said promia~ory noRe. shW beoome dne snd ps~sWe iorthwitb, a! tbs option oi the pasty of the seeond pa~rt. iti
suooeswis, 1eaa1 rePresentativa or assi~ns, as inll~ snd eompletely aa i! t~e ssid asgreg~te sum a~ s10.00
or the sdvances beretc+tore nierred to waa ory~inaUy stipnlated to be paid on saah day. anything in said promiasory no~e or
notes later to be esecnted and secnred lienby. or hereia, to tl?e oontrar~ natwfthstatidit~. ~
7. To l~eep tbe buildinga :aw or her~fter on asid lands insnred in the wm not Iw than 5457 n_(1(1
dallars in s oomp~n~ or oompanies to be spproved by the said p srty oi . tbe seeond Purt, ita suooasors, legai i'ePre~entativea or
assigns. and in t6e evaat sny snm a~ mona~r beoomes payable nnder aneb polky or polides. t6e said party oi tLe seoond part,
its saoeaaors or assi~s, aball hr.ve the option to s+eo~ve and sP~Y tbe s~aie on aooonnt of t6e indebtedaess hereby secQred
or to permit the parl3es a~ tLe tirst psrt to reoeive and nse it, or au~? pa;: tiiereof, for other pnrpaea~ wIt}aut thereby ~?aiv-
io~ or impsiring an~ eqnity lien or rlgiit nnder or by virtae o! this mortsage aad may p]aee aad pay !or snch insaranoe or'
sny gart tlsereo~ withont waiviaa or atfecNn~ the option to toreclo~e or a~y r~ght kereunder aad each sud every aneh PsYment
~hall bear interest st the rate a~" ...5__ parcent per :nnnm trom dat~
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8. In t6e event it Deoomes neceassry to foreelose thie mo rtgagc, putie~ ot the tust psrt sgree to the appointment of a
' reoeiver. to eonaerre the rents an@ pra~f'~ta ~ecuriag irom or derived fr~m tbe abo~ve descrlbed property.
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~ ~ ~'~('~~r~8 ~~O~F, t6e_.~ia_ Yoat~ag~r _ _ berennto .et ~ twna_ ana .ea~ t~ -
i d~ and ~esr tirst abore written.
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