HomeMy WebLinkAbout1570 -
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1. To pay dl arui a~n
jular tlse pr~no3pal and ;nte~eit and other auma o~ m,on~ _
poy~obls b;~ virtue of aa~id prom~iaior~/ nota and th~a deed, or efthar, promptiy on
' the dayt respeot~vei~ the aame ieve~qliy Qonaa due. ;
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~ S. To pa~/ ail and aindu~ar the toxea, oaaeaim~?t~, lsvie,r,liabil~t~tea, oblat~atio»~ j
, and anoumbmnaei o~l evar~/ nature on io~d deaor~bed property eaoh and evary, arid
the ia~ne be not pro~n.ptly po~d tlae sadi Jlfortjal~ ~ his hairo,
~ lajo~ tspreas~atat~ves or aaa~~'iu may at any #~ne pay the ia~ne without waiv~nj or
ct~'eotin
j the .opt~ton to foreoioae or ar~~ rri
jht hereunder, and ever~/ payment ao made
~ ahadl bear ~nte~est fi+vm the aiate thereof at tlas rats o~ six par oent. per annurn.
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f d. To pab oll and sin~ular the ooats, oharjea and expe~ues, ~ndudin~ lawyer's
- i ~eet, reosoriubty ~nourred or pa~d at any #m,~ by said .~{[ortja~ee , hie
~ l~iri, te~oi repreaeratativei or asaijna, baoau:e ot tll~~oilure on the part of tlee acdd 1
;.~[ortja~or s, the ir he;ra, te~d rapreisnta#vea or esaai~iia, to par~or~n, !
; oompl~/ uadth and abide by eaoh and e~ry the stipu~atio~s~s, a~m~nts, Qoraditwna
f and cover~anti of ao~d promiaior~ r~ote and th3t deed, or ther, an.d eve~y aueh ~
poy»zent aholl bear intereat from date at the rate o~ six per eant. per annum.
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j To keep the bu~idin~ now or hereafter on aaid Zand i~ssured ~n a ar~m. not
ibai than NONS Dollara, ~s a com.pa~.~ or com ea to
~ ba approvai by aoid Jltort~a~ee , and tha polioy or pol~o~'ei held by a ~abte
; to sosd JKortja~~ , his lae~ra, tejal ~epretenta#r~ea or oatr.jn~s, and in
~ the event an~ auns of money beeo~nei pa~abia under auoh polloy or poli~e~, tha
; rl[ort~ajee , hie heirs, te~ol ~epreaentatwei or asaij~s, iholl have tlse i
; option to reoe~vs and appl~y the aame on aoeount o~ ths indebtednesa hereby secured
~ or to permit the JKortga~ror e to reoeive and use it, or uny part thereo~, for other
~ purpoaea, wiithout thereb~ uxiivi.nd or ~mpoirtn~ anb eqr~tjj lien or rijht under or '
' by virtue o~ th~s mort~aje, and may plaoa and pa~/ for auoh i~asuranca or a~s~
~ part thereof without waivin~ or a~'eatin
j the op#on to ~oravloae or any rt~ht here-
; under, and eaoh and every suah pa~nt shcdi boar ~r~terest ~'rom date at tha rata
i o~ six per cent. per ahnum.
~ 6. To pern~it, eommst or au~'er no wwta, irripaisment or detersoration o~ seud
! propertJ~ or aay part thereof.
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~ 6. To perJorm, Qompl~ with and abide b~/ eaoh and every tlr~ atipu~iationa, ~ ~
~ a~reem~nta, condi~oni and covenunts iri. aaid pmm~aaory nota and in. thia deed ~
! sat ~orth. -
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_ If any of aaid auma of snoney h~etn referred to bs not pmmptl~ and ~ilb
1~a ~t~. thirty (30) daya riext afte~~h~ aame aevarndiy beoo~ due and pay-
ab1a, or if eaeh and everb the atspr~lat,~ona, ajr~m~at~, ~lr~ell~ona and Qovsnants or ,
i aoid pmmisaor~/ note` 't)n8-~I~a`deed o~ ei~het,~ara fi,ot dt~ty patformed, complied ~
~ with and abadrd' b~~l~siaaidi,a~~r~~e~te: sur»? nrea~io~ced•~?:a~d pmm,isaory note 1
1 ahalt becoma due and pa~ablerorthwith or thereciJltar at the op#on of the .~fort~a~ee
~ his heira, iegoi reprea~tatlvea or asaijni, ar fu~iy and cornpletei,~ ;
; oa if the aatat a~~re~acte au.~rs of re~ining unpaid balanc~~ ~
; dollara woa or~~inolly atipulated to be ~aid on an h day, anyt/~~aj sn said prom.~aaory ~
; note or he~es~a to the Qontrary notun hstandi j.
~ TIl Wltt1~8 W~1@1'~t1 the aaid .~{fort~ta
jor e, have hereunto aet ~
~ their hanc~ and aeols t~ day arad y~ar ~irat above wrltt,en.
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Signed, 9eaied and Delivered In Pireeenee o~
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i alla L. Rnahi
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eooK16$ PAC~1567
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