HomeMy WebLinkAbout0818 and shall perform, comply with and abide by each and every the stipulations,
agreements, conditions and covenants of said promissory note and of this deed,
t hen this deed and the estate hereby created shall cease and be null and void.
And the Mortgagor, for itself, its successors and assigns, hereby
covenants and agrees with the Mortgagees, their successors and assigns, as ~
follows:
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1. To pay all and singular The principal and interest and other sums of money ~
payable by virtue of said promissory note and this deed, or either, promptly
on the days, respectively, the same severall~ become due.
2. To pay a11 and singular the taxes, assessments, levies, liabilities,
obligations and encumbrances of every nature, on said property, each and
every, at least sixty (60) days prior to the time when the same would become
delinquent for such non-payment, and, if the same be not paid within said
period of time, the Mortgagees, their successors and assigns, may, at any
time, pay the same without waiving or affecting the option to foreclose, or
~any •right hereunder, and every payment so made shall bear interest from the
date thereof at the rate of seven per cent (7~~ per annum.
3. To pay all and singular the costs, charges aad expenses, including
lawyer's fees reasonably incurred or paid, at any time, by the Mortgagees,
their successors and assigns, because of the failure on the part of the
Mortgagor, its successors and assigns, to perform, comply with and ~
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abide by each and every the stipulations, agreements, conditions and cove- ~
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nants of said promissory note and this deed, or either, and every such payment '
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shall bear interest from date at the rate of seven percent (7~'~ per annum. ~
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4. To permit, commit or suffer no waste, impairment or deterioration
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of said property, or any part thereof. ~
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