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HomeMy WebLinkAbout0896 r I I ~ I ~ ! aod ~Il Paierm. canpl~ ~.ith ~nd abide b~ eaeh and eva7 the rtipal~tioia, a6reemeau, eooditioea and ce~ea~eb of aid pnmis wr~ wte ~nd e( tL» deed, ~ben this deed ~nd t6e atau tbereb~ erca~ed ~hall ceue and be nnll ~nd roid. 1. Tbe Mort~or Iv.reb~ eo~eaanb aed sarea: T~ ph ~ll ~nd sinsalar t6e prineipal wd interat and w6er mms ot monef W7able virtoe o~ ~dd P~~~f oou er ~~~e~. n~w~r ~ ~ d.~. n.~;.~r ~ ,e.e~.ur b~eowe ane. (b) T~ pq dl ind ~Sosnlu the t~a. ~ents. le.iea. liabilities, obliptioo~ aod eneombr.nca et e.en saure. M pid daeribed propeet~ each wd ereq. and if the wne ~ ~oc ~w~s w~a ~be ~ton~~e ~,.r n.% i~~e ~ ~be woe ~ritla~t waivins or dlee~ins tlx eptioa to foreeloae or ~n~ ri`ht l~erennder and every~p~~met~t w made rbdl bear iaterat trw t6e d~~ ~~r n~~.« or teA P~'r centum per anaum. (e1 To pa~ dl sod ~in6nlar the ewt~ ehu6a and apemea. includins lawren' (ees'~-a6~traet eo~t~ rsaMOaWy is~ e.rrcd er p.id s~ .n~ ~me br ~be ~to~6ssee bec~ase oI the failare on tbe p~rt yf t6e ~ortaa~or to perferm. eanpl~ ~rith ~od abide br esc6 and ever~ the Wipul~tiwu, ~~prcemeau. eooditioas and coreuaoq d wid promi~r Nte aed ttii~ dced. or either. wd eveq pqmmt ~hall bear ieterat frwn date t6ereof at tbe nte et t~ per eeotum per ~qao. td) To keep t6e bnitdinp norr or bereafter oa wid iand insnred ~~inst loa b~ Gre aad ~ried~t~rm io a saw s~t lar thm t6eir (ull insanble ~alue in a companr or eanp~nia ~nd tivon~6 Idurasce A~u or A~meia to be ~ od dai~ted b~ tLe Mort~a6ce and the policr or polieies shaU be 6eld br ~nd q~able t~ ~be Uortp~ee. Io tLe eveot ~y pun d moner becon~es pqable under meh polie~ or policies~ tbe Mortasaee ~6a11 6are t6e opti~n t~ reeeice aod ~pp1~ tbe ~aou on ~ceouet ef tbe iodebtedeas ba+ebf ~ee~red. o~ to pern~it tbe Mort~`or to reee~ive ~ad nre it or an~ put tbere~f (~t OIIflf pYfpOltly KIIbOYI II~tRI~1 wairins or imp~iriai wr equit~. Iieo K resht oader K bp ~rirtee o( tLi~ dtcd~ ud tbe Yonpace mar plaee and p~r for wch iasnnoce or aa~ part tbe~f ~ritbort waivia~ o~ ~eetin` ~be opiw~ t~ toee- elou or ~a~ ri61:t bereunder~ aRd e.eh and e.ery wel, w~meoc .6.ll b~u;aureN tros d~ee ~iere.t u ~be n~e of ten Pa aatam pu aosum. (e) T~ permit, commit or s~er no ~ra~tt, iu~painueat or deteriontiN O~ p!d p[O~f~ K Y~ ~ft 1LlKO~ (f ) T~ pedoro~. eewpl~ with wd ~bidc b~ tae6 md e~a7 tLe ~ipet~tiew, a~rusew. aaditieer rd t~rearts i~ wid pr~miwq owt and ia ~Li~ deed ~et t~rth. a~x169 ~~E 885 ~