HomeMy WebLinkAbout1877 1. To pay a!Z at~d iinQ~iar tlle prin~ipal a„d interaat a»d other auma of ritone~? f'?ayabk bfl
virtue of aaid promiaaory twt~._ and t~1ii deed, or ~laer, P~'oMPtly ou tk~ day~ t
espectivaty t~s
aams aeveraliy becoine dxe.
t. To pay ali and ai~tar tl~is tasea, aueaamenta, Zeviea, iiab~iti~, obl;yaLio~, a~d suo~~-
brancea of every nafi~e on said deacribed property. each and every, and if ths aame bs ~ot P~"oMP~
ty paia tll~ said Mort~ayse_. hie ~sira, te~ai represes~tativei or aa+~yn~, at a~q?
time pay the sams ~nithout ,naivi~ or afl~o ths optioK to forectose or any ri~kt heretendar,
and every/ Paymsnt ao mads a1~aA bear intereat from the dats tAereof at the rate of-~-f~*
cent. per a~aaa~.
J. To pay all and ai~utar tl~ coata, eAar~ea and exper~sea, ineludin~ ~wyer'~ f
se~, teaao~-
ably incurrsd or paid at any time by aaid ll[ort~a9e~, , hia keira,leyai repreae~ttativea
or aaaigna, beoauu~e of the fa~urs on t~te part of the said D[ortaa~ore_, Lheir ~,d .
reprssstttatives or aaai~~a to P~M~, ~f~fl witk and abida by each a~d svery t11~ alipttlattio„a.
a~reementa. conditioris and covs~anta o~ aaid promiasory »ot~ ond thia dsed, or eitJler. awd
every such payment slkaii bear ints~-eat from date at tAs ra~te o~S,~II_ par esnt. per ~
4. To keep ths bu~din~a rio~o or kereaf
ter an said la~d inswed in a aum »ot Ieaa than
Hiahest Inaurabls Valus of prop~~y--- n~,~, ~ a~,,p~y ~~pQ.~
to be approved by aaid Mortgagee~, and tll~e poiicy or poi~ciea held by and payabls to aaid Mort-
9~+9eE-~-, hiA Aesri, ie~al repreacntativea or asai~ns, and iri tl~a avent
any aum of mon~l beeomea payable t~»der sttch policy or policita, ~~~dD~-,
his keirs, layai repreaentativea or aaaipria, aliaII have tlia apti~ to receive and
apply the same on account of ths indebf~dnees ker~by aecea~ed or to permit tJae Mortgrayor~ to
receive and ~stss it ar any part thereof for other purpoaea, ~eoithout thereby waiviriy or impairiap
anY e4uity. iien or rigl+t under or by virtue of ~iis mortgaga, ar~d Mav nlaca a~ pay for ~
ins:a~ance or any part thereof without ~oaivin~ or affecting tlae option to forecioae or any ri~1a!
heraunder, a~+d each and every suek payme~tt alaaii bear i»tereat from date at t.~s rata of ten
per ce~e~. per ate~tan.
5. To permit, commit or auffer xo waate, impairment or deterioration oj said property. or any
I ~ part tll~ereof.
i
~ 6. To perform, comply zvith, and abida by each and cvery ths atip~e~Iatio»s, a9f'ee~rte»ti, con-
~ ditions and covenanta in said promissory nota_, a»d in thia deed set f
orth.
If any of aaid auma of money herein referred to be not promptly wid fuily paid ~cithi~
f i f t e en ~aya next af
ter the aanae sevaraUy become dus and payable, or if eack and every tha
atipulationa, agreementa, conditiona and covcnarita of aaid promiaaory note- and tlNa deed, or
either, are ~?eot fully performed, complied witk and abided by, t~ aaid aQO~'s~ats aum mentioned
in said promissory note shait beeome du~ and payabla f
orthwitk or ther~af
t,er at t~ka option of
$ ~ t~ ato~t9age~-, bia ~rs. r~e~entat~vea or aaa~~r,s, aa t+~v ~~~y
aa if tlu said a~Qregate atan~ of lrort -siz unarea Fiv an 0-- ~~e
~
~ originasUy atipulated to be paid on ir~ in said promiaaory note or herein to the
¢
' C071tt'Q7'~/ ttOtt!ltt~~ifl[~lri~.
IN WITNESS WBEREOF, tlte aaid Mortyagor~ ~v~ h~~~ t~ tb~ir
hared e~»d aeal~lae day and y~ar ~irat ab ' tsn.
, a a»d 'vercd j~`pre~aancs of ua: , (Seal)
~ ~J-~~ ' Seai)
IIIIS II/S//!/Nlfll! f1ff~l1/ftI .
( f1~Id,rxr 600K18U PACE~~~~4
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