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HomeMy WebLinkAbout0876 i . _ - ~ ! ; , t 1. To pay all and rinQular the pri»cipal ard intereat and other auma oJ money payabk by ~ ~ virtus of said promiaaory ~ote and t11ii deed, or eitlaer. PramPUy on tAs days reapectively tlre : aams aeverally become d~ce. t. To pay ali aru~ ainyular tl~s taac~a, aweat~?exti, jeviea, liab~Zitiea, obli~ationa, a»d enotc~w- ~rancea of svery nature on a~d deaerib~d property. eacll a»d every, and if ths same bs ~tot prompt- ly paid tAe iaid lKortyapee~, keira, kyal repreaentativea or oasigns, ~na~? at anY time pa.y th.e aa»~ without waiviny or alfee~ t,lle optioK to forecloas or any ri~At ll~ereu„der, and everft PaYn+en! ao made sltall bear intereat ~rom tha da~te thereof at tha rate of R cent. per a~ said interest to be waived provided said note is paid within a two ~ year period. 1. To pay ali and aixyular the coab, cll~arysa a»d expenaei, includi~ny tawyer'i fses, rsasox- ably inc~a7ed or paid a! any tims by aaid 3[ortyap~e-, its keira, is~ai rapreaantativei or asaigstia, becauae oJ the fa~ure vn ths part o~ ths said Mortyagor~, their ~yd repreas~tatives or aaaiD~ ~ P~"1~ ~Pty witl~ and abide by eacl~? a~nd every the stipulationa. a~recmenta, canditiona and co~renanta of said promiasory nots o~nd this dead, or either. and every such payment ahali bear intereat from data at tl~.e r~ate oj.~- per cent. per anxxm. •i. To keep tlu bu~dinga now or herea~ter on said land inawed in a aum not ieaa than ndlara, ix a eompany or oompaniea to be approved by aaid Mortya~ee`, a»d tlls Polic~? o* Pd~ ~ b!? ~ Patlable to said Mort- 9a9e8~-. its ~eirt, l~at repreaentativea or aaai~na, wed ix tll~e event any aum oj money beeomes payab~s _tatdar ancllt poiicy or poiiciea, tl~s Mort~aDe~-, its ~ra, legai repreaenta~ivsa or aaaigna, ahaII laa.ve the aptioa to receive a~d appiy the same on account of the i~ndebtedneaa kereby aecured or to permit l.he Mortpagors to a receive a»d uaa it or any part thercof for other purposea, taithout thereby wairing or impairi~ey ~ `s ~ anv ~v, iien or right under or by virtue of taiia mortgage, and may PIac6 and PaU for auek inauranca or any y~art thereof u~itlsout waiving or affecting the option to foredoaa or any right hereunder, arui each and eve~y iuch payment ahaU bear intereat jrom date at tha rats of~ per cent. per annt~m. 5. To permit, commit or auf f er »o waste, impa.irment or deterioraiion of said property. or any part t)ta~'so~. - 6. To perjorm, comply vnitk, and abide by each and every t,ha atipulationa, agreementa, con- I ditions and covenanta in aaid promissory note-, and in thia deed aat forth. 7. Ij any of aaid suma oj moruy harein referred to be not promptly and fully paid within ~-ya next after tl~s same a~naraAy become due and payable, or if each a»d every tlie stipulations, agreementa, conditiona and eovcnanta of aaid promiaaory ~eote and this deed, or - either, are not fully performed, compliad with and abided by, t.he aaid a98ragate aum me~ttioned _ tn sa promissory note_ ahaA become due a»d payabls f orthwith or thereaf ter at the option of the Mortgagee-, it8 ho~.ra, lapul represeretatives or aaai8~, aa f+~tl and completely aa if the aaid ag~re~ate sum oj~~TEEN THOU SEVEN HUNDRED ~o~ ~~.e , ; originally atipulated to ba paid on aucle daY, anything in said g~romissory note_ or herein to the contrary notzoitlaatandin~. IN WITNESS WHEREOF. the aaid Mortpagor 8, h3ve h~rcunto aet ~e~ hand$_and seai~the day arui year firat above written. i~~~G~=CL ~ ~.~~y # Signed, aealed and deliv ed in presenes of ua:' (Sea1) ~ WII.,LTAM C. TROY . . _ (Seail John L. Britton, Esq. ' %%i~ In~lrrnn~•»/ f~n f~urr~1 G1,~ • • ~ , ~ior~d~-331Q1 - .~I JJn:~~ 0 R ~ B001(~~~ fi~~E ~ ~ /V - ~ - r _ . _ ~ . . _ . . . . . . _ _ _ . _ 3~r