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HomeMy WebLinkAbout2491 i , , ~ ~ 1. To gay aU ar.~ ~..n:±!~ar the principai a~d intereat ar~d other auma oJ money payable by virtue of auid promiaaory note_ and thii dsed, or either. r,r~omptty on ahs days ,~esp~ctivety tke same asvcraUy bacome due. . 8. To pay ali and air~guJar tl~s taxea, asaeaamenta, leviea, liab~itiea, oblipatio~a, and enc~em- brnncea of every na.ture on aaid deacribed property. eacll and every, and if the aar~ be twt prompt- ly paid the said Mort~apes a. th~ir kyal repreaentativea or aaiipra, may at any time pay the aame without waivin~ or aJfeetinp the aption to forecloae or ar~y ripht ll~ereu»der. and every/ Payme~at ao made ahall bear intereat Jrom ths date thsreof at tha rnte of.~_per cent. per aiea~an. s. To ~ay all and ainguIar tha coata, eharyea and expenses, includin~ Tawyer'a feea, reaaoh- ab~y incurred or paid at any tima by aaid Mortgagat a, Lbair ~„~ra, legai rapreaentativu or aaaigna, because of the fa~ura on the part o~ ths aaid Mortgagor° , their t~, repreaentativsa or aaaiyna to Parform„ oo~nPty aoith ared abide by each and every/ the atipuiationa, agreementa, conditiona and covenanta of aaid promiaaory note and this deed, or either. a~sd every such payment ahaU bear iniereat from dats at the rats of ~ per cent. per a~nwn. 4. To keep tlae bu~dinga xow or hereaf ter on aaid iand ineured in a aum not iess than~Llil~_ Iasurabls aaoust. ~ nollara, in a eompany or companiea to be approved by aaid Mortgagees , and tlu policy or policies heJd by and payable to said Mort- 9a9?ees--, thair ~+'a, le0al representativea or aasigns, and in the event any aum of money beeomea payable under auck poiicy or poiiciea, the Mortya~ees , their ~ra, tegai repreaentativea or aasigr~a, ahali have tha aption to reeeive and apply the same on aceount of tha indebtedneaa hereby aecured or to permit tlae Mort~agor! to receive and uae it or any part thereof for other puiposea;~ ~n:tho~e~t thereby uxii»ing or impairi»p any equity, lien or right ureder or by virtue of thia mortgage, and may pIace a~nd PaY for auch I insurance or any part thereof without ioaiving or affeeting tl~.e option to foreeloae or any riyht ~ ~ _--her~et_~~_a~ u~eh and_ ~ery ~ucl~_~aY»un#_alaail bear interest ~rom date_ at the rate o~- ~ per cent. per annum. i ~ 5. To permit, commit or aujfer no zaaate, impairment or deterioratio~t of said property. or a~ty ~ part thereof. ~ 6. To perjorm, comrty with, and abide by each and every the atipulations, agresmenta, con- ~ ~ ditiona and eovenants in said promiaaory nota_, and in this deed set forth. . ~ 7. If any of said $uma of money herein rafer~red to be not promptly wid fully paid within 30 days next after tlu same severaUy beeo~n.e d~e~e and payabie, or if each and every tlie stipulations, agreementa, condittiana a»d covenanta of said promiaaory note and thia deed, or either, are not fully performed, compiied with ar~d abided by, the aaid a~gre~ata sum mentio~t,ed ~ in aaid promissory note_ ahaA beaoma dua and payable forthmith or thereafter at the option oj ~ the Mortgagee their ~.ra, kgai representatives or asaigns, aa fuUy and eomP~~Y $ ; aa if the aaid a98repate secm o~r?Y'ee Thousaad Ei~t Hundred Ninet~ three d~,~,ra were - ar~ginally atipulated to be paid on aueh day, anything in aa.id promiasory note or herein to the ~ contrary not~vithatanditty. ~ IN WITNESS WHEREOF. the aaid Mortgagors , ha~e l,~reunto aat their ~ J hand .g ~nd aeal~ 8 the day and ycar firat above written. e''s ~ ~ , aealed arut preaencs of ua: - (Seal) ~ _ _ ~.,Q ~ ~ L L (J~~,,- , ,e!eC~~iX~ i~~~L%~~"~„~ Seal r~ _ , _ ~ ~ ~ ~ ~ ~83 ~~~~89 ~ _ %%u hrsin~an-„r pnpvrrJ /y: - . Ad~lre:c~ ~ - - _ ~ , ~ , ; = : ,;"r ~ _ _ . . _ ~ ti___~