HomeMy WebLinkAbout0944 ? . ;
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i. To Paf? ait a~d ~e»~w~ar ths Prinotpa~ ~d i~tera~t a~d ot~er au~na o~ ~oney pa~rdbt, bf?
vir~us of aaid pro~?iasory ~ole._ a~d tltia deed, or eitller, P~P~lI ~ t~s daY+ r~+Peatively t~
aame aeveralty become dw.
To pay ali a~aT se~Jar t~ taxei, aueu~xent:, kvies, liab~itiea, oMi~atsoria, a~d e~owN-
bra»eea of every ~ai~re o~ sa~'d deieribsd pr+operty. ~ack a~ai anery, and ~f the sa~ee bs ~o! pr~pt~ ~
ty Paid t1~s mid 3[ortpapse~, _ hi 8 ~yai r~prae~ta~ives or at~tp~, +~q? at a~q?
tims pay the aams wilhout waivinp or al~ecti~0 tl~e oPttiow to for+eetois or w~y ripkt k~r+et~xder, ~
a~d eve~'y? PayMent ao made ~1raA bear i~ters~t rron~ ths date t~kereof at t#s s+ats of~per ~
cent. per att~tpN.
i
s. To pay atl and sinyuiar the cata, cllwryea a~d espenaes, ixci~dina tawyet'i feea, teaaoK-
ably incurred or paid at any tims by aaid Mort~aDea--, hig ~eiri, kpoi r~re+a~~ta~ve~
or aaai~rria, becauae of tlas fa~Twe on tl~e part o~ t~he aaid Mortya~o~'--s, t he ~ein, ~tyat
repreaeritalivei or aaat~~ to perjon~, ooutPty ~vitk and abids by each a~cT evsry tlke stipxTatio~,
ayrasmenta, canditiona and covenants of aaid promiaaory »ot~._ and thia deed, or either. ~d
svcry aueA payms~tt aAali bear intereat fram date at tl~ t~ate of~en._ per eent. per a~aa~.
To kesp ths bw7dinya ~ow or Aereaf
ter o~e said la~d inaw~ed in a sum ~not Ieas t~an~.~_
_ Hip~hest Ineurable Value of Pronerty n~n, ~ a eon?pa~gr or oompweie~
to bs approved by aaid Mortgayse~, and t16a poticy or policisa he~d b~l and PaYabls to aaid ?~tort-
9a98e-~, - hig keirt, i~al rapreae„tativea or aaa~s, a~~d ix tll~ eva~st
any aum of monel/ becomea PaYabla tasder s~te~ poliey or policiea, t~e Mort~?ayee~-,
hia *epr.~entativea or aaae~na, aha7i kave tlke
optiox to reeeive a~d j
apply ths saree ora aecou»t of tl~ indebtedneas kereby secured ar to pernWt tl~s ~iortya~or$ to
rseeive a~ul uss it or au
y part tAetsot f_or ot~her purpoaea, without tltereby waiven~ or impa~riwy
~r eQ+atr. tisn or riaht ~ or by virt~e o~ t~~s mort~a~e, ana may ~aee w~t t~y f~ ~ ~
vi ~
i~sura»ee or any part tl~rsof without waivin~ or aff~~+D ~ oP~ion to foreelo~ae or axy riyl~t ~
ller+~t~nder, and ~ack axd svery n~ek pay~e~t i11aA baar iritereat from date at ths rate of ten
per' ~e~e~. par al~nta~: '
5. To permit, commit or auffer rio ~oaata, ~mpairr:ent or deterioracioa of aaid property, or any
t~a+~t the~'sof -
6. To per1~, ~Plil attd absde bY each nnd every the atip~rlatiorea, apr'samenta, co~
diiiona and covenanta in aaid Proar+MSOrII uot~--, and in th~a deed set f
orth. ~
,
y. if any of aaid auma of ~nonsy herein rsfarred to be aot prwnptiy a~d fuuy pa~d +v~tl~i~ ~
fiftee~ya n~xt after tll~e aa~ne aeveraily beeo~na due a~d payable, or if eaek and avery tl~e
stiFulationa, a8+'eementa, c~ditiana a~d cavs~arita of ~aid promiaaorjt note~ and tlY~a daed, or
eithe~, ara not ruliY P~~~, eomplied ~ and abided by, ths aaid ay0*apats awK mentioned ~
in aaid promisaory »ot~ s1aaA become due and gxiyabis fortliwitk or tlaereafter at ths opt~ioa o~
tha Mortgagee-, his ~ai repreaentativea or
aasi~s, a~ f~ty anct comnt~y
aa if t,he aaid aypreyats aww oj Thr.ee H~*±drer3 xnr y~~,,,~ ~e. ,,,~,/1ffi-,do~rs we~.a
oriyi~aUy atiPuiated to be paid an a~A~~ ~thiny in aaid promiaaory note._ or hereht to t~hs
contrary notsoithatandin~. .
IN WITNESS WHEKEOF. tl~ aaid Mortpayor
8,-~sv e ~,eT~ a~t the i r
ha»d~~rul aeel..?~she aa.y and ye~r firat abova wrttten. ~
Signed, aaaled a 'vered in preaencs of wa: ~~Q'~~~`~ s~ ~
( ~
,
~`k-~ (Saat)
'!'Iru hr.rnr~~sc,r~ pmp~r,rcA hy: S~- ~o ~6 L
~ 3~~~ ~ 3~' 3-~ sooK 176 FA~E 94
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