HomeMy WebLinkAbout0891 ~ovto~0. e~.w~YS~ ~ ~r .~.u a~ ~t«+as.. ~a.~.~....ia"°.~ b . e.~. rw~?
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~ ~nd ~6d1 Per~orm. eompl~ rith ~nd ~bide b7 eae6 ~nd eveq t6e KiPnlatiou~. ~`reemeots. eoaditios~ ~b. o( ~aid ptomiF - :
w~ aote ~ad of t6i~ doed. ~bes t6ia deed and the ekate tLereb7 erested rhdl ce~e and be nnll wd soi~. i
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i. Tbe ~[ortp~er berebr eoveeann .od .~ree.: t
(s) Te pa~ dl aod sin6nlar tbe principd ~ud imenct ~nd otbcr som~ of moae~ W7~b1e b~ rietue of sdd p~omiwt7
nete rsd ~6u deed. er eitheq PromPd~ oo tLe da~ rt.~peetivel~ tLe nmc ~xve~dly become dae.
(b1 T~ paY dl aad ~ioEnlu the ta:es. ~ssessma~ts. levies. liabilities. obli~atiau aaa cneumbr~ces oi e~u~ oatare. os
wid dae~ibcd propenr each a~~d ererl, ~ed if the wne be not promptlr pa:d tke ~I~rt~ee mrT at u~ time pq 16e
ame ait6o+~t ~rai~ies or al[eetins tbe op~ion co foreelose or anr riaht herennder ~nd ererT ps7meat w m~de ~bdl bur
iatere~t frow tbe date thereot at t6e rate of tp~ pe~ eeatum per aamm~.
(e) To par dt and sin`nlu tbe ewb. c6ar6es and espenses. ineladins la~e~r' fees ~od abaraet ta~t~ t~taweabl~ i~
ttinsd ~r psid ~t ~n~ time b~ tbe ~1ort6a6ee bccawe ot ~be (ailore oe the put ot tbe Msrtsa~or te petfKm. eompl~
writh dd abide br eaeh ~nd erec~ t6e aipul~tioos, ~Rsee~ncau, eooditioos aad ewreeaets ot s~id pcomi~r ~ie ~od tii~
deed. er eitber. ~ed erer~ pqment ~al1 bcar iwtueu from date ~Lercoi at t6e ratt et t~ per emtatn ptr ~t~-
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(d) T~ keep t6e boildiap ~wx or herea(tcr on said laud iwrered ~E,aiast !oa bY 6ce ~ed rrind~tenn ia • wn~ n~t la! ;
tlw tbeir full inwnble value in a company or eompu~ia aod thron~t6 Iawr~nee A~U or A~a~eip to be .rned ~wd
desipwted b~ the MortFsFee and tbe policr or policiti ~hdl be 6eld br sad p~rable te tbe Mortp~ee. In tbe entat w7
wm ot moner beeonxs paj~ble unAer snr6 pelie~ or polieies. tbe ]Ytortp`ee slull bwe tbe oytioa t~ reeeive asd ~pp1~ t6e
woe oa ~eeorot of ~he iwdeMedaer bu+eby ~eesred, or to pamit tbe Mortp6or to reeeive asd ~e it er ~ny pm t6ert~t
(er otl~ pNrposti„ KIILOYI II~lKII~ ~?airina or imp~irinj aa7 equit~. lim K ri~ht o~de~ K b~ rittoe of tlw deed. w1
tbe Y~rt~ee mar plm and par for wch 111fti~tpl! Of a11~ Ibtf~~ rlf~W Ml~hA~ O[ a[atia` tbe optiow t~ f~e-
c{o~t or Mr ri~ht betcunder. sna ~aeh a~d er~rr web p.Jmene .h.u b~ i.cua~ iro. dMe ~e~f ~be ~u~ d ten v~?
ceotMS pu a~omo.
(e) To pe~ait, eow~uit or sa~er ae w~te. iuip~inueat er deterioratia~ ot ssid pnpert~ K ~ry p~rt tbetaL
lf) T~ perfoan. c~mP~1 ~+it6 ~od ~bide b~ c~eh ~ed eveq ttie KipYlstiw. a~ro~. e~aditioe~ a~d cMrqwu i~
wid prMOiwrf u~ta wd ie tlw desa ~et f~r~6.
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