HomeMy WebLinkAbout2508 . ? ' ! t~ ! f~ N ~ ~ ~ -
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1. To py ~11 sad dn~tla! the prlneipal and intarat aad othes ~uau ot moa~ pa~We 67 ~irtw o~ pid proimi~w~l note
snd soeh lnrth~r wm or suaet c~ awae~. i! +u~7. ~u !M ~sid pa rty a? tb~ Moond pas~ my ~ ad~aaos ~o th~ p~st.3i_ oi the
iir~ put P~+PV1 ~~~0~~'Uie a1m~ ~e~raral~'-beoom~ doe.
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To py all si?d sin~ular tbs t~a, as~ea~nt~. lrvle~. 11abi1itia. oblii~?tjw~ and eneumDranoe~ o~ rver~ natnr~ on
aaid de~erlbed prop~rt3e~. ~nd it t~s wms bs aot promptt~ p~id tbe taid p~urt~ o~ tM aee~nd part, ib saeoeaors and a~
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e~•. at an~ time pq tbs ~aa» witbont wsivlns or aiteetin~ t hs optioa ~o iorsd~ or W rl~ht barean~r, ~~Y'Y P~Y-
ment a made ~hall-bear'intbrest~tt~om'the'dat! berr~eaK at'ths rate Qi•~_'peree~R•per anmm~. ,
3. To ps~ W and sin~olu tke aosts. cbarces and e=pen ~a. inclndtn~ attorney's iees, reawnaWy incarred or paid at any
tiaae by said parly od tbs ~eouad psrt, ib +nooa~ors. le~sl rsPi'e~entatl~es or a~d~u, bea~n~s a~ the iailur~ oa the part a~ tbe ~aid
part~_ oi !be lird psrt, t he ir sncoa~or'~, 1e~a1 :'ePras entati~a or assi~n~, te psrtorm. oon?P17 with aAd abide b~ eacb
and everT dipalation, a~e+e~nt, oondiNon and oaveasat o! said promis~o~Y nots and tl?i~ dea1. or elthar, and ever~ sneh pay
ment ahall be~r interdt iroa date at ths rate cd ~ Paroea?t, Per aanam. .
To psrmik oo~mit, or safier no waste~ impsisment or deterioratton ad ~aid propeirl~ or ~ patt thereo~
6. To pertorm. oo~P17 with sad abide by et?c~ snd e~er~r tDs stlPnl~tioas, airee~nb. aonditions and oovwisats ia
said promissor~ note snd in thi~ deed set lortb.
6. It an~r a~ said sums oi moaey herein- rdere+ed to be not promptl~? aad itrD~ p~?id witbin dys a~t aiter ths
same ~everall~ beoome dae and psysble, or ii each and aver~? tbs st[pnlations, asree~menb, oonditions and oovenanb o! aid
promiaory note aad tLi~ deea, or either, sre not dni~ Performal, o~aplied wtt1~ aad abided DY. tbe said a~resate snm mea-
+tioned in said promiaorY note. shall beeome dne aod pa~able iorWwith. a! tbe option o~ the parly a~ t~ ~eoond~ its
sncee~wra, legal repre~entati~a or aaisas, as tally and eompiddy as i! tLs said aare~ate anm a~ One '1ziousan
or the advanas~ ~ora reternd to was originally slipnlsted to be paid on snch d+V, said Pr~niasor~ iwte or
notes later to be e=ecated and ~ecnred bereby, or Lerein. to the ooatrary noRwttbstandias
7. To l~e~p t~e bdldinss naw or hereafter on said lands insared 'm the smm ~ot le~s t6sn '
dollsrs in s oompauy or ~ompanias to be ~ppro~ed by the saW Part~ a~ the seoond p~rt, ib suooe~wi'~, lessl repre~entatires ar
asaigns, and in tbe event sny sum cd money beooa~a pa~sbls nnder aneh poliey or polides, the said parly oi the seoond psrt.
ita waoeswrs or aai~ns, shall hav~e tlie opNon to reodve and sPWY the same on aeoonnt a~ ths indebtednen hereb~ ~ecared +
or to permit tbe psrties oi tha iirst put to reodve snd ase ik or sn~ part tbereot, far other pnrposa. wttbont tl~ereby wsiv-
ins or impairing au~ eqaity lien or right nnder ar by vlrtne oi tbia mortaage and msy pl~oe and pt?y ior saeh inanranoe or
~Y P~rt tl~reo~,wlthont~ waiving or atiectla,r !he opNon to foreclwe or u?y right berennder and eaeh and every sneh PsYmeut
ahall be~ji in~! ati. tjw =sts ad peroent per annum irom dste. ~
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_ E.' Ii ~he~iven it;ti'seomes neewary to ioredose this mortgage, psitia o? the first part ~ree to tLe sppointmeat of a
' reoeive~,'~to~oi~n~erve ~~~nts and pradib aecnring irom or derived fmm the above daeribed propsrty. -
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[N WiTNBSB ~,WHBRFOF. the sdd l[ort~a~ur ~ave berennto set their hands aad ~esl $ the
dsy aad resr li=st aba~s wsitten.
$igned, sesled'ia~ ~dbliv~er~d ia the pre~eace ~t: , ~~t~ii.)
, ? ~ `C"" ` Yh . la-~~ (SSAL) .
I~D~IA~r!
--w~r
~~`~~4 ~1?`~3 . .