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HomeMy WebLinkAbout2277 I _ . • ~~OVIt~~ ~WSye~ tlu~t i,~' ~asd JI[ort~a or ahall y unto tha JKort~o=~e ,f , ~he certb~x pram~aaory ~ota , or wl~ick the #dlowi~f ~worda awd ~jy~rea ~3 trt~e oopY , to wit: ~i.000.00 ~'t. l~aw, 1l~s~A y.~ . - ~ ~ wi« s~i~o.~ii~~ ~siii~i~_q: ~ _ _ . ~ _ i to tw ~si~s o~ LM~L Ni~i aM ~i'!!! Mi~R, 1~ trit~. l~IeR t~are~ 13~oti~t~ tl~~ a~ ~ ~6.000.00 iI~ ~~i~i. ~oMt~ ~rltlt int~s~at te+~w ~at+~ at dit t~ 6~ rs ~eor a~ th~ ~ia b~lana, ~qaDl~ a l~oiloMS. ~s¦r!t= ~s RS ~ iLtS.00 oa tb~~ tTtht e! Kirah, tortt~r ~ i~tisvt ; tb~ aw t~ w~ai~i D~l~m~a~ at th~ sa~ o! i~ p~s ~ ~ nntil t~ i~ll ~cir~l aoa ist~s+Mt bas bNn Nia i. totl. ~ ~ s~eb ioatallrot ~itst ~hall bs yplied iu pa~?t ot eh~ iat~sat, ad then a~ ths mpai~ balana~ o~ slw p~riioi~l ws. I! d~faole ia trd~ a t1w ~a~¦~t ot aiq iwtall~ait ~~a d~e, tha , ae th~ ~peLoa o~ th~ ~sld~rs, a~i ~rttbe~t a~ oth~r aetl~s. ~11 i, th~ s~i~ toatall~aat~ aiull b~ dw and pqa~la at a~es. t+o~rb~asa~cs s6a11 aos D~ d~~rd ~act~asi~eo. ~ei~il~p L ~i~ to pa~ this oot~ 3n ~Is os ta p~st at ~ tia~ ~risbo~tt p~aalt~. LcL arvc~s, ~ur~t~ adi eodosNS h~c~of, joiatl~ aod sswtcal~ wiNrr d~rd, ptiwrtrat, pa~st~st a~d ~otf+as o! p~+ozaat for aoa pa~est aod ~mttb~c ~s t~ ~~ct~si,os ot t3r o! ~a~ot aid~~r bs~o4ca at s~t~r ~stnit~qr, ~rid~ont notie~ t+o ~ o~ ns; a~d to pn all oo~b of eoll~etLo~, in~lndins a s~saaaoabl~ attoar~'s in tti~ awnt oi ~~q d~~ault 4~c. ' Vitn~o our Landa ard s~aL o! ~ past~. . 5 ~ro~~ ~`d ~ ~ ~ ~s..~~ ~ ~i~ . . . ~ . ~ i ~~P~ ~s.,i~ ` 11 sp:.e~, b .~slr. • . and sholl perjorm, corriptb with and abide byI each and every the stipulations, ~ a~reements, conditions and covenants of said promissory note and oj this deed,~ then this deed and the estate herebb created shall cease arcc~ be nuli and void. ~ ~ 1~III~ the said .1Kort~a~o~ hereby covenan~ and a~ree : • E 1. To oll and ain ular the rinci oi and intereat and other suma o mon ! PaU ~ P P f ~ payabte by virtue o~ said piom,issorJ~ note and this de~ed, or esthar, prompUy on ~ tlce da~/a ~eapectively the same severall~ co~ne due. i t. To pay ait and a~n~ula~ the tcr.ies, a,ssessmenta, teviea, liabiiities, obli~ationa ~ and encurrebmncea of-euerj/ natu~e on 8aid described property each and every, and ~ ij the ia~ne be not prorriptly paid thfe 8aid .JKortga~e~ may at any tirne pay the same without waivin~or at)`'ectin~ the option to foreclose or any ri~ht hereunder, and ~ every payment so made ahall bear interest lrorrc date thereof at the rate of 6~ ~ per cent. per annu~n. J. To pay all and singular the costs, chaT~es and'expenaea, includan~ Zawyer'a feea, reaaonabt~ incurred or paid b~ said Jliort~agees because of, the failure on the ~ part of the said ~Kor.t~a~or to perform, comply with and abide by each and every the stipuiations,agreements, conditionsand covenanta vj said promissory note and this deed, or either, and every Queh pabment shalt bear interest from date thereof ; at the rate of 6 per cent. per annurri. ~ To keep the building now or hereafter on said land insured in a sum not ~ ~ teas than Dollars, in a company or companies to be approved by said Mort¢agee , and the poticy ~ or polieies helci by anaL payahte to 8aid .JKort~a~es8 , and in the event any sum oJ ~noney becomea payable under such policy or policies, the .Mo~t~agee shall har.?e the option to receiae and apply the same on account of the indebtedneas hereby secured or to perm.it the Mort~a~or S to receive and use it, or any part thereof, jor other purposea, without the~eby waiv~ng or impcarin~ any equity tien or ri~ht under or by virtue oj this rrcortga~e, and mab ptace and pay Jor such insurance or any part thereof without waiving or a~`'ectin~ the option to foreelose or a»y ri~ht here- under, and eaci~ and every such payment shail bea~ intere,st jro~n date at the rate of 6 per cent. per annum. 6. To per~nit, com~nit or au~'er no ruaatd, ~~npair~nent o~ detEriorntion oJ aaid property or anb part th.ereof. 6. To per~orm, eo~nply w:th and abide by each and every the stipcclations, a~~se~nEnts, conc~itions and co:~enants in Said prom.issor~ note and:in th,is deed aet forth. e~ 175 ~~~~74 ~ ~ : _ - - - ".~«r~~~ ~ ~ _ _ _