HomeMy WebLinkAbout1076~'rn~ ide~~ Always that if said Jlfortga~or• shall pay tcnto t/ee .said .~lfortgagee
the certain prontissy note, of which the follou~iltg in u+ords and flgttres is a true copy,
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and sJtall perform, comply with and abide by each and evertl the stipulations, a~ree-
ments, conditions and covenants of said pronrissot~•J note and of this deed, then this
deed and the estate hereby created shall cease and be ntcll and void.
And the said .~llortgagor hereby covenants and agrees:
1. To pay all and singrclar tJte principal and interest and other stcnts of money
payable by uirtrce of said prontissoty note attd this deed, or either, pronaptly ott the
days respectiuely the sattze seuerally come due.
3. To pay all and singrdar the taz~es, assessments, levies, liabilities, obligations
and encumbrances of ever) trattcre at said described proJ/ertiJ each anti every, and if
the same be )rot, pronapthJ paid the said, .,~tortgagc•e mail at anal time hail t/le sat-te
without waiving or ajj'ecti-ng the option to foreclose or aniJ ri~ht het•ercttder, attd every
payment so made slutll bear interest front the date thereof ut the rate of 7 per
cent. per anlaum.
3. To pay all and singular the costs, charges and e.rpenses, inchtding latvt/et's
fees, reasonabhJ iltcurred or paid at aniJ ti-nte brysaid .~llorf~a~er beccttcse of't/re failure
on the part of thc~ said •Jlor•tgagor to petf'ornt, contJrll/ u~itlr and abide brl cac/t and
every t/te stipttl{ttions, CO/ldltlOlts Ilnd COl•r•nrntts of'sairl prnntiss~rr/1 notraanrl this deed,
or either, and evet•t•1 such pa.yntettt shall bear i.ntcrest front. da#e at the rate of •
7 per cent. per annum.
!/. To keep the brci,ldittgs ttorc ~)r hereafter ort suitl land instt.rccl in a sum not less
titan dollar:., itt ct rontpaniJ or c•ont.pantc:, fo be
approved by said ~ltortgagee, crud th~• Jrnlicl/ or p~,licic•s held bJ and pctrlrtble to said
al~lortgaee, and in the event unrl stmt of nronc•rJ b~•conres pcnlable rtnder• snc•/r polic•J or
policies, tl~e tllortoagec shall hctrcr Ihc• uptiotr to rrac•rair'e and crpphJ llrc• scntte on rrccotrrrt
of the indebtetllacass herebq sc•cttred or to Jrrrntit /he a /ur•tga~o/• to receir•e and use it, or
any peter thereof; for other ptcr~/oses, tvitlrnrt.t therebil tc~tiving or• inrpairitrs ant/ egtrify
lien. or right under or LJ virtrte of this mortgage, and may Jdace and J~uJ for such
insrcrance or ant/ part thereof; witltotct Irai.rin~ or a/ji•cting the option. to foreclose nr
any right heretender and, each. and evPrlJ srech paJrnertt shall bran interest front date
at the rate of ~ per cent. pct• artnrcnt. U R
BooK1. ly Pnr_[1(~ (~