HomeMy WebLinkAbout0640 i. ~'o pay all attd rinyular tlt~ pri~ofpai a~d ~ittereat and otAer auma of ~tonell PaY~~ bf?
v~rtve of aaia pr+omiaaory not~ ana thia asea, or eithe+~, promptly on t.ke aayi reapecbvety t~ue
aama aeveraliy beconte d~ts.
t. To pay ail af+d ain~lar ths faaces, au~sa~enfa, leviea, Iiab~Titiea, obli~atio~t, w~d ~ota~-
braricea of every ~at~re on aaid daacribed property. each and eve~"Y, w~d ~f the aams be ~ot pro~xPF
Zy Paid t/M said Mortyayse~., hie k~,ai r~preiexta~ivet or as+ip„+, +xa~? at a~q+
time pay tke same witlsout waiv~y or a11~~0 ~ oPfio~t to rorsekWe or any riy~t ~rider,
and every? Pc+yment ao mads ilkaii bsaa~ iat~rr+~rt frnm ths dats tlkereaf at tlae rnt~ o~ '~en ,p~•
cen~. per ~q~a~.
~ J. To pay all and ee~yu?ar the coit~, cltarp~a arid s~penaes, i~eiudi»~ lawyer's fsei, reaso~.
ably incurred or paid at a~.y tims by said Mortyaqe~.-. hie ~d ~.eaeutativea
o~" aaai9»a. beeauae of tl~e fa~ws ox t1~ss ~rt of the said ~[ort~a~or-! -~hsir
repreaentatinei or aa~iy~t ~o perfor~ oo~Ply tiith and abide by cack aud every the atiptdatio~,
ayrecmenta, eonditiona and covena~ttt of aaid promissory »btet_ o~d tltia dssdy or eit~er, a~d
every such payment alkaA bear intarsat from date at tJf~ rate of-~~l- P~ Pe~' ~
To keep tlks bw7di~ega ~o~o or hereafter ori ~aid la~d inswed ix a aum not kaa tha»~,
giahsst Inaursble V~lus of Propsrt~ n„~,~~ ~ a c~~ o,, o~p~,~s
to be approved by aaid Mortgagee~..._, a~nd t1~ paiiay or policiea held b'Y and PaYable to •aaid Mort-
~u9et-,-, hie ..heiri, ley~i repreaentativea or asaiqns, a~d i~ tke event
any sum of money becomea payabie u~dsr a~cb P~Y Pol~, the 1Nort~a~e~--, .
his t~,~:,.a~ le~ai rap~.saenta~ivaa or
oaaig~a, ahaTt l~ave tl~a option to receive a~d
appZy the sama on aeeount of ths indabtad»aa kereby aec~ered or to permit ths Mort~ayors to .
, receive and uae it or any par~ thereoj for otl~er purposes, witlaout thereby toaivi»g or i~tpairi~ty
anv eQu~ty. tien or right u~aer or by v~rt+~ of this mortea9e, ana ~y ~ ana ~y for a,~h
insurance or any part thereof wetl~t waiveny or affectiriy tlie option to forecioae or any riyht
hereu~der, arid u~ck and every a~cA payment ~ bear intereat ~rom date at the rats of tsri ~
per cetet. per annte~t.
5. To permit, commit or auf
fer no waate, impairment or deterio~ntio~ of said property, or any
part thereof.
e. To perform, comply with, and abids by each and anery tha atipula~iona, aQreemexta, con,
ditions and covenanta in said promisaary tat~, arui in thia deed aet jorth.
~ 7'. If any of aaid suma of money herefn rsjsrred to ba not pron~,ptty a~d f~Y P~
fifteen ,tnys next after tlss aaane aev~y beco~ns due and payabie, or if each a~rsd every tlke
~
atips~iations, agreements, conditio~ta and covena.nta of said promiasory ~aota_ a»d thia deed, or
eit,~r, are not f'+~v P~'f~~, compiied witk and abided bU, tha said a9?i'aQa#e auan mentioned
in said promissory note_.._ ahaA become due and payable jorthwit)i or tAereafter at tl~ option of
tke Mortqagee~, his heira, leg~al repreaentativea or aaat9ns, aa ~uAy and ewmP~~Y
aa if the aaid aggre~at~ aum of $sve Hund4$ Fift an no ,~~.s
ori9ir,atty ati~ulated to be ~aid on suck y, anythin~ in said ~romisaory ~eote_ or herein, to taie
contrary ttotwitlrstanditt~.
IN WITN~SS ~VHEREOF. the aaid Mortgaporl., ~~e keretcnto aet th~ir
hand_~and aeal.~~he day and year firat aboae u~ritten. .
Si , aealed and delivered in preaencs of ws: ~
~
~ - ,Q~ ~ ~ (Seai) ,
. ~
%%u Jiluniuic~i~ Prrp~~rrr! I)~: 0~~80 PIIGE ~elv
600K
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