HomeMy WebLinkAbout2124 1. To pay al~ arui iin~wlar t~ht prtrioipol s~d ~terat a~d otk~r a~emt o~ money payab~ by
,rirtw of aaia promiasorjr ~ot~.... ara l~1i~ dsedy or eitl?s~. pro~ptly o~t tl?e aay. re.p~ctively t~.
aame aevera~Iy beeo~ne d~ce. '
To pay oli a~d riny~lar tks taxe~, waes~ment~, ~evie~, Wab~~~tet, obiiaatio~s, a~d sricww-
brancea o
f every wat~atis o~t iad deaertbed propsrty, eacJ1 a~d every, a~ed ~ t~e sa~e bs ~ot f~~P~
ly paid tals said Dtortyayee~, their jepat r~ra~entat~v~s or asst0n+, ~fl a! axy
time pay the aame witkottt waitr~t~ ot a1t~~0 ~ oPtioK to ~orsdae' or an~l ri~~t ~teretatder,
and ener'ir PaYme»t +o mad~ al~ali bear ~terat from t~a date t~lereof at tAe rat,~ of---~+'
cent. per ann~em. •
J. To pay alI and ai~u~ar t~he coati, ol~arpes and sspenaes~ a~civdi~r tawyer's fea~, rewora
abiy i~tcurred or paid at any ti~ns by eaid Mortpapsa their ~ri, Teyai repreaentativea
or aasigna, becauae o~ the fa~wre. ~nx tJlte part o~ t~e aa~d 31w~tgaDor
S, their ~s~al
rapreasntativea or aaii~~a to perforn~, owKpt~l with a~d abids by ~ack a~d svery t~ie itipuia~'s?na,
ayreemen#a, eo~ditiona aud cons~anta of aaid plomiaaory ~ote~ and t~ia daed, or either. a~nd
every auch payment aliali bear interest fi
one dats at t~e rnts o1 ? ce~t. P~' ~
To keep the bu~7dinyt »ow or kereaf
ter on aaid tand i~ed in a aum ~not ksa tkan
noUara, in a oompany or corn~paniea
to be approved by aaid Mort8a9?se~--, a~d th~ Polw'Y Pa~~ lk~ld by and payabis to aaid Mort-
$ their
Pa9e8-, i~ai repreaen#ativei or aasipna, a~d in the event
any aum of money bu~mes payabTa under auch policy or poiiciea, ths Mortyayee~ their
' ~+a, leyai reprssentatives or aaaigna, alsa~l liave tlYe option ta ~ecsive aaui
apply the same on accw~nt of the i~debtedne~s kereby secured or to permit ths Mortyagor to
~ receive and uas it or any part theraof for othar purposea, without tl~reby ~oaiviny or i»~Pu~irit+0
any ~itY. iiera or ri~ht ~cnder or by virt~ue of thia mort~yage, and may pIaca and Pay for suek
ina~crance or any part thereof without waiviua or af
f
ec~ ths option tv f
oredws or ariy ri~l~t
hereu~der, aa~d ~acl~ and etrery ~~eh payfrsent s11aA bear interaat fro~n date at tJY~s r~ate of 7
per eent. pcr annum.
6. To permit, co~nmi! or atcJf
ar rso waat,e, impa.irmant or deterioration of aaid property. or any
,
part tltersof.
6. To perjmyn, comply with, and abide by each and every the atipulatio~, agreementa, con-
ditions and covena~nts in aaid pronciaaory note_, a:ed in thia deed aet forth~.
7'. If any of said auma oJ mouey herein raterrul to be ~tot promptiy at~d fully paid within
~ya next aJter ths aame taverally b~wme dtte and payab~, or if eacl~ and avery ths
atiPulationa, aqreemanta, eondihona a~d aovenanta of said promiaaory ttot,~. a~i thia died, or ~
either, are not f
uUY P~+"!~, ~P~ toitk and abidui bll, a~D~'~D~ +um mentio»sd
in aaid pro~nisaory note altaR btco~e due a~d payabia fortkwitk ar tJ~ertafter at tlia optao~ of
ths btort0a~?a~, the ir k~, ~yal repreae~tatives or as~iytW, at ~tdty aud com,pleteiy
aa if the said ag~ragat.~ a~qR o~ ~e Thousand Sixty-One and 62/ 100 ~y,e
w~ipi~w~ily atipwlated to bs paid on ~xch day, anytl+in~l in aaid P~omisso~"Y ~of~ or l~ereat to ti~s
contrar
y twtwithatandi»y. •
IN WJTNESS WHEBIOF, tl~ aatid Mw~tya~or.y h;ve ~ the ir
, hand $_arid ieai
a#1~e day awd year ~t~r! abotis ~vritts~.
S' iaai~d and ~d iw pnae~tee o~ w: ,l~~ ~ ~(Seal)
l!~ ~
` N SE OOM, his wife ~
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