HomeMy WebLinkAbout1986 l. To pay alt arid a~nEular the prlnodpal a»d intereit and other au~na of money ~
~ paa/able b~ vrirtue of aaid pmm.isaora/ note and th~a deed, or either, promptly o»
the da~a respeotivel~ the sarrie ieveroily oome due.
I
~ S. To pa~ al1 and a~n~ular tl~ tuxea, cuaeaim,enta, l~tea, i~abilitiea, obl~~at~ons ;
, and enou~nbranoea of ever~y na~ure on ia~d deaor~bed property acwh and ever~/, and
~ if the iame be not promptly pa~d the :aid .Kort~a~ee , he~ra,
i la,[at tep~eaentativea or aaa~~nna mab at any timepa~ the aarna u~ithout waivin~ or
~ a~'eot~n~ the option to foreQloae or an~ nt
jht hereuruler, and avery pa~nt ao rnade
i ahull bear ~nteraat firor?z the dat~ thereof at the rate of 6 per Qent. per annu~n..
~ d. To pab all and ain~tular the ooats, ohar
jea and expensea, ~ndudin
j lawyer'a
I reea, reasonably irwurred or paid at any t~me by aaid .l~fortja~ee , her
' ~ h~ra, le~o~ repreaentatives or aasigna, beoauae of the fa~lure on th6 part o~ the 8aid i
;.~I[ort~a~or , his heirs, legoi represaantatwea or aaai,y~h~s, to perforsn, )
; compty with an.d abiaie by euvh and every the atipulutiona, a~reaments, conditiona i
i and covenanta of 8aid prom~iaaorb note and thia deed, or eitlHSr, arad gvery auoh ~
~ payrnent alioll bear intereat frorrz date at tha mte o~ 6 per aent. par unnu~n. ~
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i To ~gp~tai~ n w o~ he r on aaid land i~aured in a aum ~aot ~
leaa thanc v~aq~'~ ~'~.a~ eo ~r, in a corripanb or oorripanies to
a~mv T~y sard .7Kor ~a~es , aru~ e poiioj/ or poiia~e~ held by and payable
~ Jlfo t~a~ee , heira, le~ul repretenta#vea or aaai~na, and ~n
~ the event anb sum o~' rrwney ~iscomes pa~able under auoh polio~ or polioies, the
' rl[ort~acdee , her heira, le~al rapreaentativea or aaai~iza, ahali have tlr~ f
' optio~ to reeeave and appty the aa~ne on aoeor~nt of ths indsbtedneas l+.~reby aeourui
~ or to permit the .~fort~a~or to reveive and use it, or an~ part thereof, for other
~ purpoaea, without thereby waivin~ or ir?ZpaiTin~ anb eqr~tJ~ lien or ri~tht under or '
; by virtue of this mort~a~e, and ~nay plaQe and pay ~or suah inaurance or anb
~ part thereo~ without waivin~ or af~"eotin~ tlr,~ option to foreoloas or any ri~ht here-
; under, and eaoh and every aueh pabm6nt ahali bcar inter t fro~n date at the te
( oj 6 p r cent. per a~t nu~n. ~~l~~~~ ~
, : ; ~ e2.2t• ~ ~ /G~.=~G u...~d .Xsy,.or,?. eo.
; 6. To permit, eorrwnit or su~er no waate, irripalrrrient or deterioration of aaid ~
;"~~'1• ~ propertb or an~ part thereof. !
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' 6. To perfor~n, aomply with and abide b~ eaoh and eaery the stipulations,
~ a~reem.ents, condit~ona and covenanta in aoid promiasory note and in. this dsed ;
~ aat forth.
I 7. I~ any o~ 8aid surria of nzoney herei~s referred to be not pm~nptly and fully
~ paid u~thi~t daya next after tha sarne sev6raliy beQOme due and pab- j
' able, or if eaoh and evary the stipuiat~Ons, a~reementa, oonditiona and coUenants o~ ;
i said prom.issory note and this deed or either, are not duib perfor~ned, eomplied ~
1 with and abided by, the said a
j~re~ata aum m,entioned an so~d prorniasory note ~
~ shali becom..e due and pai/abte forthwith or thereaJ`tar at the optwn of the JEfort~agee
her heirs, te~oi representativea or oaai~iia, aa fulty and eorraptetely :
? aa if the 8aid a~~re~ate aurri of ~
; dollara waa ori~rinally stipulated to be paid on au,~h day, an~hin~ in said prom~saory ~
i not6 or herein to the contrar{~ notwithstandar~.~.
~
~ TI1 ~1tIIe88 ~~'lel'~O~ the $aid .1Kort~ajor , has hereu " ~
; his harcd and seal th,e da~y and year ~lrst above written.
; `•`i fry.':
, 1 _ ~
` 3igned, 3ealed and Delivered in Preaentx o~ r' ~~3:
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Paul Kane . . •
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OOK ~ 71 PACE~ y8 f
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