HomeMy WebLinkAbout2143 • ~ ~ ~ ~ ~~1f ~ 1
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1. To p~y all usd dnNl~r tM prdneipal and intarest aad other aum~ of moAe~ pa~able by vlrtue ot said pma?iewry rate
and sueh inrth~r sum or wms at moaey. ii an~, as ths s~id p~rty ot the ieoond part au~ ad~anos t+u th~ p~rt ies oi !bs
fir~t pst! promPil7 ox the days sespeetlvelY Lhe tiime ~sw~rally beoams due. ,
To p~,~ aU and sin~ulsr tbe t~e~, ~s~es~meats. levies. liabiUties. obiitstioYU u?d esxumbsanoes oi ewr~r nature on
said ducribed properiie~. aad it tLa sams bs nvt P~P'~7 A+~id th4 ~aid W~rtY a~ tl~s ~eoond part, ita sneee~w~ and aaisas
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m~?y ~t aa~ ~tim~ pay tba ams witiwnt wsi~ or sifectiat t he option to loreelo~ or aay rt~ht herennder~ snd every paY-
meAt ~o made ~fiaU"bea~ intlrest ir~ tlie ~tlate Aeibo~ ati tbe r~te ot-' 8'~' ° Pst'cee~ per uu?um.
S. To pq sll aad dn~nlu ths oosta~ char~es a~d ezpen~es, ineludi~ sttorney's ices. rea~onably ineurred or psId at any
time by satd p~~ oi tLe ~eoond pa~rt, it~ aooeedo=s. letal ='~Presenbtiv~e~ or assisas, beeau~e a~ the i~ilnre on the psrt o~ tb~s ssid
p~,~ ies i~ ~ their s,~~or.~ le~al representative~s or a~atsas. tio pertorm. oompty ~vith snd abide by each
snd ~?er~ dipnlstian. ~raaseAt, oondition and oavenant of a id promiaiory aaRa and this deed~ or eithcr, and ever~ saeb pay-
mea! shall bssr intend irom d~te ~t ths rate c~ 8 Peroeat, P~
To parmit, commif, as a~ites ao vaat~. imPiirmeat or deteria~atlon a~ pW DpP~7 or ~7 P~
6„ Zb par~oras~ ean~¢ witL ud abide by each and ersry tbs dipdations. aar~nb, eonditions and ooveaaiat~ in
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atid praavit~os~ note a1~d in tbis deed ~eR lorth.
6. Ii an~ a~ said snau of monay herein rderred to be na! promptly and irilly paid ~vithin 30 da7s nest siter tha
ssme ~rerally beoame dae and P~Y+~0. or ii each aad ever7 t4e stipnlatiw~s. a~r~ea~t+b oonditions and aov~enaats oi s~?td
pra~iaor~r note and thit ~eed. or dtlbr, ue not dul~ pertormed. oo:aPlied wlth and abided by, t]~e said a~e+eg+?ie sum n~en-
tioned ln said P~omLSOrY no~te, ~ become dns and p~ysb~e fortL~e3tU, at tbe option o! tl~e Put7. oi tbe ssoond part, ib
suooea~ors. leaal ='ePre~enhtire~ or at~iBK. u talll aad camnPl~tely at it tbe uid asgregate sam a~ OAC Hundrad and No/100-..
or the advaneea heretotore reterred bo ~ras o:3gina117 stiPnlated to be paid ~ snch daY, ~ in said pmmi~ur~ note ar •
notes later to be esecnted and secared bareby, or Aerein, to the acnt~ar~ not~vitbstandina.
To I~eep tUe bnildtn=s now or h~it~r on add lands i~surad in fbe som nat le~ tban ~lvt Thoueand t~nd No/
dollsrs in s eompany or aompan~es bo be spprored by tM ssid puty a! the secoad part, ita suooeaor0. le~wl nPraent~~vew or 100
as~igas, and in tbe a~veat any wm a~ moneY bsoomes PsYable ander sacb poli~ or poliefes, the said party of tl~e ~eoond part,
ib moce~son or a~i6ns. shall hsve t~ opHun to reoav~e and sp P17 the ~ame on aoeonnt oi the indebtedne~s l~ereb7 seenred
or to permit tbe parties o~ tha iirst pnt to reoeive aad nse ik or any put tbereot~ ior oRher purposes, witlaut therebp waiv-
ing or impairin6 any equitp li~? or ri~t nnder or by virtue oi this mortgage and may plsoe and PaY ior sneh insnrance or
an~ part tLereo! witboat wdvin8 or atfedina tLs option to foreeio~e or an~ rishE hereuuder snd aeeh and every atich p~yment
eLall bear ~ at tLs rats ad _8__. peroet~t per snnnm irom data
j 8. In the ~eveat i! beoomea neoess~r7 !o loreclose this mo rtaaae. psrties a! tbe fiTat I?srt sgree to tbe sppointment oi a
~ receiver. to ouiuerve tLe rmta and pra~ts securin~ iroin or derived imm the sbave deecribed property. .
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ths aid Y rs hTqe henanto set their bsnd. ~ and ~enl a tLe
IN WIT.NF.~$1~(~ERF~OF, ~~4~'O. _
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day and rear ti~st abore wsittet~. _
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3igned. a~ed snd` d~liveied in tbb pz+eseao'e a~e_ _ (3EAL)
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a~183 ~2~.41
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