HomeMy WebLinkAbout0179 r
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l. To pa~ aD ~d ~a1ar the pslnc~ipal and iat~at and oeher ~nm~ of mo~ne7 M7~e ~l
~irtue of ~aid p:omiao~t~ note`_ and tbis deed. or aithar, PromPd~ oa tLe dar rapecti~el~ tbe
nms aevasaD~ b~e~s dw. , .
Z. To ps~ all md sinaalar ~tbs ~ tue~. air~ermeats, la~s. fiabilities, obliaation~, and incnm- ,
• brmoes of e~er~ a~tars o~ ~aid dacribed propert~, eacL ~nd s~nsr~, aad if the ~aa4e be aot prompd~ '
paid tLs qia ~Lort~~ it~ m~ooerory lesal rspre~entati~e~ or aMians, ma~ at i~n~ time pa~ tLe
~ame witLo~ ~rai~ oe aif~ tha optiao to forsclo~e~ os an~ riaht here~der, md e~err M7~ `
mant w made ~aII beu 3nterat ~rom tbe date thereo~ at the ra~s of~pet oenL per am~.
3. To pa~ all aad ain6ulu tbe coet~, char~e~ md aspanrer, inchidins la~+r~er'~ fee~, reasonabl~
i~earrsd oe paid n•n~ ~s b~ said Mo~.aee, ib sncce~wrs~ legal repreaentatives or assiaas,
~a~e of the failore c~ ths pa:t af tLe add Mo~.$ their 6eir~, le6al ttipre~enteti~
or a..igns to perform, compl~ wid~ and abide b~ e~ch and e.er~ t6e ~tipnL~on., asceemen~a. ooa-
ditioos aad oorenanb at raid promiMO:~ aota_ and this d~eed, or e~ther, and every such payment ahall
b~ar ia~t fro~ date at ths rats ~ 6~'s ~er ceot. pe~ aasa~.
4. To kesp the bnildin~ no~? o~ hereaftsr oa aid lmd insured ia a wm not ler *ti•~
EIGHT THOUSAND SEV$IJ HUNDRED AND NO/lQQ,
1Ln. in a oampany or oompaaie~ to bs ap-
pro~ed b~ ~aid Mortaagee, and d~e polic7 or poHciw held by aad p~yabla to said Mort~agee, it~
raoce~wr~, legal repre~eatati~es or araiaoti ~ad in t6e a~?ant aa~ som of mone~ beoomes payable
oade: saeb poli~ or polici~e~, the Ddort~a~ee. ib snecewor. k~al :'ePre~eatati~es a~ aw~os ~hall
lurs tLs optian to rsce's~e and aPPl7 tLs ~ams on aoooant of the indebtcdneas Lereb~ ~eeared or
to permit thc Mort6aEor to reeeive and n~ it or ait~ part thereof Eor other pnrposes, MritLout
6ereby ~rai~it~ or impairiaa an~ eqnit~, Iien or riaht qade~ c~ by virtne of thia mortaa~e, and
~7 Plice aad pa~ for auh ia~oranaa o~ sn~ put thereot ~rithout ~rai~ioa or affecting the optioa
to fareclo~e or an~ ri;6t bet~em~der, aad eaeh aad a~e~ ~aie6 pa~meat ~hall bear intere,st from date
at the nte of~_.per oens. psr ~aanm.
S. To permit, eo~omit or snEf~ so ~raste. impa~rm~ot ar dsterioratian of wid prope:t~ or
~a~ part tbes~eo[. ~
, 6. To PerEor~. eo~npl~' wltL. and ~bide bp each and N?a~ tbs ~PnLtion~. a~+eements. con-
~ ditions aad co•eoasta ia s~id Pram~wo~s~ nota_. md io tLi~ deed ~et [aetL.
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T. IE anj d' ~dd ~am~ ot moaa~ La~+eia refe~~ed to bs not prompd~ and fnll~ pdd within
thirtY ,~ey~ ~ doe md pa~able, or if each and e~er~ the
stipnLtions, agreemenb, conditia~u aad oe~enants oE ~aid promi~sorp nota~ and tLi~ deed, or eitber,
~ are not fnlly performed, oomplied with aad abided b~, tLs ~id agg~ate snm m~tioned in said
~ P~~l7 p~7~ or thereafter at the option of the Mort
~ ,~a6ee+ m~oce~on. ls~l ~'Mr~entati~es or wi~, a~ tnD~ and oomp]atel~ as if tLe ~aid a~e+eaate
~~EIGHT THOUSAND l,EVEN HtJNDR$D AND NO/100-------- doIlars ~rere ori~inally
stipnLted to be paid on stich da~, an~thins in aaid promiMOr~ nota_ or hete.ia to tbe contrary
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IN AITNF,S3 pHEREOF, tbe ~aid Mortp~~, have ~..~...,.tA ..3 their i..w~_ t
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snd ~eal~._tbe da~ aad ~ear tis~t abo~~s wrlt~an.
~ Si~pue~l, snd deli.et+od ' of M•
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LOIS W.
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