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HomeMy WebLinkAbout0140 . r , I .~~~~ui:?:„:.~.~'.~r.u;n~:.:::~ • ..»~...~::s:~~''s.'~«F:^:~•:: : tt:i~r«"'ii.°4~6i»~::... . • ~ ~ ~lo ' 1'........ sTOAR'l'. p'10?ld~. . ::s i......._.~~.~........... ofnil and s~~~r~IIT. PAOMI$L TO PAY !o !b~ ord~s ol......._ FOR VAI.VE-RECEIVED. fh• und•niQa~d. i Y~ _ . . _ - t:: . . . . , . or sueh ollMS plao~ as !b~ bold~r . . . . . . . . at ~ k~r~oi maY d~ai~nat~ iu wsU~. • a! !b~ rai~ o! r aatwa p~: snawn oa !lr ~aW~ lh~s wLb int~r~s3 lrom balane~ w~N! muusitT. '!1~ sstd priaetPN a~ iAt~r~s3 sLall M dw aad patabl~ r~~~ ~1~.l4 p~e sv~~ IM !1l~R ~yart 1Mp as~Mr ilev~a i~Mi, ~M ~~I~r. ~ ~ ~t ~M~ ~ ~ ~ ~i 1d~ssa~ i~ ~ a~M e~,,r-+1~d al~M~errt ~ri ~M rw~tlriie a lrf~l~l ~f~~~~~~~~' . ~ er i~t~t K a~~ Nn tMr»t. tY~ oMeM t?M e~L~ If ~efarlt b~ e~ tK ia t~~ M7~t ef ~w7 ~t~~at ~t V~K~ usv~ii ~iti i~t~sest ~lr~ll at MW~~'~ a~~ dw ui ~a7a?M vltAm~t aetie~. Fdlw b wrelw s~cL e~tloa s\aU wt ewstlt~ a ~ta~ iE ri~1t ~o auRis~ tlt saa~ le da }ww! e( wM~Y~t ~faull. Ait~e atnrttf wt1 ~ aai aRetrl Istu'~~t sWl !rr Ishnat at.~~~p~~ at :e p~r unu~ naW M~ TM ~e~ ui wioraas eE tLb ~ot~ turt?~r w~i~s i~s~~, setk~ e( sN-Mf~t 1[ tl1~ a : matorltr ad t6~ ~ae~ is 0~~ ~it~ u attaeaq ter coiMe~M~. tb ~k~es ~~i ~ors~rs Meret a~rw b N7 vl sMb. ~f eelMetM~. ~e1~1!i : cost~ ae~ ~saaowW attersq tMS. i:2 .............................................i8lill.l _ ~ - .....•---•....-----18E11t.) .............._........................_.dSEAi.1 ~ ~ II and ahall dnLY. P~~PUY and fully pertorm. discLarBe. execute. efieck complete. complY aith and abids by eaah and every the stipulationa. agreements. conditions and covenants of said pmmissory note and of ttds mortgags. Wen this mortgage and the estate hereby created ahall ceaae sad be null aad void. It is uaderstood that each oi the words, ••note.•• "mortgagor" snd "mottgagee" respectively and the pmn- o~ns referring thereto. whether in the singular or plural anywhere fa thia mortgag~e, sball be siag~ilar it one only snd ahall be plural iointly and eeverally, if more than one. and ahall be maBCUW?0. feminlne sad/or neuter. whe~ ever the oontext so impHes or adraits. . And ssid Mortgagor for himeeli and his heirs, legal repreaentatives, aucceasora aad aesign0. hereby ooven- ants ana agrees W and w[th aaid Mortgagee, his legal representative,a. auccessors and aaaigns: 1. To psy all sad aingular the Princ[pal and fntereat and the vaslous sad simdry sums oi moneY Ps3~ble b~ virtue oi said promissory note, and tbi~ mortgage. each and evers?. P~P~Y ~~~~P~ttvely tbe sams severally become dua ~ 2. To pay all and ainSular the ta~ces. aaeessments. levies. lfabilitiea, obUgations sad incumbrancea oi every nature and kind now on said described prnperty, and/or that hereafter may be imnosed. autfere~l. Placed. levied or assesaed thenupon. and/or that hereatter may be levied or asseseed upon thir. raortgage sadlor the indebted- ~ and before any intereat attaches~~ aay~penalty is i~ncubrred; and in~ aotar as~ewyf thereof~is oL~i~wrd the same abslt be prumpUy aatiafied and discharged ot record and tbe orjginal oftidal docwnent (such ae. for instsacR the tax receipt or the aatiafaction paper officially emlorsed or cerUfied) shall De placed in the bande of said ~ ~ Mortgagee tR?ithin ten days nezt aiter payment; and in the event that any tbereo! ia not ao patd. sstisIIal and ; discharged. said Mortgagee may at any time pay the same or anq part thereof without waiving or atfecting [ ~ any option, llen, equity or right under or by viMue oi this mortgage. and the !uA amount of each aad eve.ry ! such payment ahall be immediately due and payable and ehall bear interest from tLe date thereof uat11 pafd F ~ at the rate oi ten per centum per annum and together with such interest ahall be secured by the llen oi thi~ s mortgage. ~ 3. To plaoe and oontinuously keep on the buildinge now or hereafter situate on said Isud flre and windstorm inaurance in the usual standard poHcy form, in a sum not lese tLan i-.~._. I`I~, OOO. in auch com- pany or comy~anies as msy be approved bq aaid Mortgagee; and all euch insurance policiea on any oi said build- ings, any intereat therein or part thereoi. in the aggregate sum aforesaid or in excess thereot, ahall contain the usual standard mortgagee clauee making the loss under esid policiea, each and every, payable to said Mortgar gee as Lis intereat may appear. and each and every such policy ahall be prompUy delivered to and held by esid ~ Morigagee; and, not less than ten dsys in advance of the expiration of each poHcy. to deliver to aaid Morigagee t a renewal thereof, together with a receipt for the premjum ot auch renewal• and there aball be no such inaur• anoe placed oa any of said buildinga, aay iaterest therein or part thereof. wiless in the form and wlth the loes payable aa afoieaaid; and in the event any sum of moneq becomea payable under such policy or poHciea aaid ~ Mortgagce shall have the option to receive sad apply the same on accouat oi the iadebtedness eecured hereby or to permit aaid Mortgagor to recelve and use it or any part thereof for other purposes without therebq waiviug ~ or iinpatrtng any equity. llen or r3ght under or by virtue of this mortgage; aad in the event satd Mortgagor shall for anq reason fail to keep the sald premises so insured, or fatl to deliver prompUy sny oi said pollcies o! ~ ~ insurance to said Mottgagee, or lail prompUy to pay fuUy anp premlum tl~erelor, or ia any reapect fatl to per•- , form. discharge. execute. eflect, complete, comply with and abide by this oovenant, or any part hereoi, said Mortg• ~ agee may place and pay for such insuranoe or any part thereof without wafving or alfecdng any option. lien. ~ equity or rlght nnder or bq virtue of thla mortgsge, and the full apuount of esch and every such psyment et~aII : be immediately due and payable and ahall bear interest irom the dste thereoi until paid at the rste ot ten per centura per annum aAd togather with auch tnterest sha11 be secnred by the liea oi this mortgage. : 4. To permit~ comaiit or sufier no waste, lmpairment or detedontton of satd property or any part U?ereo~ 6. To pay alt aad sfngular the co~t4 charBea . and e~cpenees, including rea~onable Iaaryer's teea snd cost ot abstracts oi tltie. lncun~ed or patd at aay tfms by said M~rtgagee because snd/or !a the enent o~ ths faflurs on the part oi the said Hortgsgor to dulY. Prnmptly aad fully perforns. di~cbarS0. e~~ute. aK~t. oompleter oomply wfth aad abide by each aad every the stipulsUons. agre~ma?ts. cond?L1ons aad oevenaab oi aaid promis- wy note, aad Ws mortgage. any or either. aad said casts. ctiarge~ aad a~penss~, each ~nd svery. iha11 bs im- medistely dus aad paysble, whether or not thers be notice. demand. attempt to ool3ect or suft panding: aad ths ~ - l1~U amount of each a~W svery n~cD paya?ent ~aU bear intereat lroa? tbe date tLereoi ~mtil pald at tbe nte at ten P~r centum per aan~nn; aad aIl ~ald cosb. ¢harge~ and azpe~e~ ~o iacurrsd or p~id. W~ethss ~+ith sucb in- terast, aball bs ~seured b~? th~ lfem o! thi~ mortgsgs. ~ goa~167 ~ i~ } ~ ~ ~ rt - ~ - ~ r i~