HomeMy WebLinkAbout0204 1. To pay al~ ard ai»pwlar tJ~e pri~eipd a~d i~tere~t a~d ot#er swKa o~ ~oKef? P~ab~ bf?
vfrtus of aaid pro~xiuory wote- a~d talu d~ed. or eitlker. Pro'n~Ptly ow the days rs~p~afiivti~? t~
sa~ns aever+aUy beeo~xe dw.
t. To pay aA and ai»~tar t~s tases, aa~enti, Zevis~, Ziabdifiiet, obi~yalio~t, a~d ~oww-
brancea of svery ~e wt aaid daton'be8 pr+opKty. eack a~d cvery, awd ~f t~s saKS bs twt proatpt~ 5
ly paid tlls said ~[orty~se~, their ~yd *fP+'~tal~vei or aWiO~+, *a!r at aq?
ti»~e pay t.~e aama toitl~out +oQi+ri~p o~' a1f
~eti~ t.ks op~iow tc+ f
oredoi~ or a~gr r~1~t ~er+e+a~der, .
a~d every? Payment so +nade sl~ati bear i~rsst ~ t~s date t~ereoj a# tale mts of~a*
cefet. par a~p~ta~.
s. To pay al1 and rin~ula~r the coit~, eka~ea a~d ea~psnaes, a~eiudinp ~awyer's ~ta, reasoR-
ably ineurred or paid at any tans by aaid ~tort~aye~. their ~yai rrprae~tta#wa
or asaigna, bsoauae of tbe fa~we ax tlY~ part of t~s aad 3[~~rtyapor
8, Lheir ~
repreaentalivea or aaa~y~ to per/o~, oo~piy tvitli a~d abids by eac~1 a~d every tAe atipx~atio~,
a~reemcnta, oonditiorit a~d oove~a~ of aaid prornissorp ~nofe~ ord tkit deed, or eitker. a~d
e~,ery suck payment akaII bear sritereat ~ro~ date at tks rate of ten ~ ~
;
.i. To ksep tl~ie b~a7dinya ~ow or l~ereafter ow ~aid i~ed inwred i~ a awK not ieu flYa~
~i~rhaet Insurable Value of ProperLy
i~t a eoMpa~ql or oompawi~~ -
to be approved by aaid Mort~aDe~-e-, i?dull a* Pd~+% ~ b1l a~d Payabls to said 3[ort-
D~~, their ~ai rapreae~tativea or aaaiyx~, ~d i~ t~e avent
~xy siaK of monsy beoomei payabk u~tder a~ potiay or polioiea, tbe ~[ort~syee~, the i r
Ieyai repreaeKtativei or asai~su, skdL ~ave t7~e optioa to recaiva a~d
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appiy tl~ aams on aceoun! of take i~dsbtedrieu ~ereby sec~a~ed or to permit tbe Mort~o~or~. to
receive a~d xaa it or a~y? P~ ~*~f for otl~er purposea, witAo~t tkersby ~oaiviny or anp~p
an~? a9+~'1h iieri or riy~t ti~der or by virtw of lkia ~ortyaye, and may place awd pay for axck
i~~a~a
ancs or any part t,kereof witltoxt ~aaiviap or af
f
sct~? tl~s oPtioK to ~oredoae or axy riyll~ ~
~ kerew~der, a~ed eaek a~d evary a~ pay~ne~t slia~i bsar intarest ~ron? dats at tke mte of ten
! psr esw~. per a~aaas.
[
E 6. To permit, eommit or auf
f
er no ~casts, impairment or dsterioraLioK oj aaid property. or ay~
` part t~kareof.
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~ B. To perform, eomply wi~~, a~td abids by eack a~td every tAs stip~latio~s,
° ditio~a and cove»anta in aaid prornissoryt ~ot~, and i~t t~is deod ast f
ortk.
If any of aaid aufna of ~nottey Itereat referred to be not pro~ptty ~a f+~y n~
f i f t e en ,~ya next af
ter tl ~s sw~<e saver~aAy becoms due a„d payab~, or if each ard enery tbs
atipwlations, agre~ms~ta, conditioni a~d eove~a~ta of asaid promiaaory ~note~ a~d t~ia deed, or
sither, are not f+~v P~'f~~. compiied witk and abided bv, tke a~id ay~'eyats swR ~te~tioned
in aaid promisaory »ote~ ahali b~eo~ne dvs asd payabk forthwttk or tll~r~after at tke opliow of
the ~iort~ayse 8, their u.~, ~Dal repreaeritativss or aaii~, a f~Y ~~~77
~ ~ sf t~ ~ ~hirteenBThousand Tr+h Hundred Sighty-a ~
ori~nnlly atipuiated to be paid on~ AA~[ ~ir. d~ ' in aaid pro~eiaaory ,iot~ or l~er~in to f~.
a cont~'ary ~totwithatafld~.
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~ IN WITNESS WHERI~OF. tl~ said 3[ortDayor~ _~~o e ~e~to ~ the i r
~ ha»~ s ~and ae~ai ~ t~ day a,u~ y~or ~it aboue ~oritt,e~. ~
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S' sealed w~d deliver ' preaencs of w: (Seal)
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~ (Seal)
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~ BOOK P4GE ti~ `t
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