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HomeMy WebLinkAbout1988 i ~ I ~ ~ and any rcnewils or extensions thereof in whatever form, a:^d the interest thereoa as it shall becane due according to the true intent and meaninq thereof, toqether with all advances hereunder, costs, chargae and expenses, including a reasonable attorney'e fee which Mortqagee may incur or be put to in collect- ing the same by foreclosure or otherwise, and ~hall perform all other covenants of this mortqaqe, then these presenta and the estate hereby granted shall cease, determine and be arsolutely null and void. And the said Mortgagor does hereby further covenant, promise and agree to and with said Mortqagee as fo22ows: FIRST: The said Mortgagor, Indian River Grove Coi a Massachusetta Limited Partnership will pay to said Mortqagee in full ttie note or obligation hereinbefore referred to and the indebtedness and interest evidenced thereby, and will also pay all other sums secured hereby, and will keep and perform all the covenants and agreements in said note or ob2igation and in this Mortgage in manner and fona as therein set out; and will not commit or suffer any strip or waste of said mortgaged premises; and will pay all costs, reasonable charges, abstract fees and expenses, including reasonable attorney's fees, which the Mortgagee may incur or contract to pay in collectinq any sum hereby secured, whether by foreclosure or otherwise, or in enforcing any covenanta here~n contained, or as contained in any lease,hereinbefore or hereafter collaterally assigned and/or encuiabered herewith. SSCOND: So long as any of the indebtedness hereby secured shall ren~ain outstanding and unpaid, the Irbrtgagor agrees to keep or cause said premises and improvements to be kept in good coridition and repair, and to pay or cause to be paid all taxes and assessments and other charges that n~ay be 1lvied or assessed against or upon the same, or the debt hereby secured, as well as any specific mortgage tax or dociuaentary stamps tax now or hereafter imposed by law. Federal or State, upon said obligation of this Mortgage and to pay or cause to be . . , paid all other dabts that may become liens upon or charges ' aqainst said property for repairs or for improvemente that are naw, or that may hereafter be made thereon, and not to pernait . any lien to accrue and remain on said premi~ses, or any part thereof, or on the improvementa upon tbe said premises, w?iich might take precedence over the lien of this mortgage, and to deposit, on or before April first of each year, with said Mortgagee, ita successors or assiqns, duplicate or certified PA6: W , . _ . - - - - -