HomeMy WebLinkAbout1679 .
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1. To pay all and ainyutar the principal and intereat and other suma o~ ~money payabls by `
virtue of aaid promiasory note.- and tAia deed, or either~ promptty on the day~ reapectivs~y the ~
aame scverally becoms dua. ~
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To pa.y alt and $ingutar ths taxea, aaseaamenta, leviea, Iiab~itiea~ obiiyations, and encune- ~
branc~a of every nature on said deacribed property. ~ach and every, and if ths aa»?e be ~tot prompt~ ~
iy puid the said Mort~ayee._, her ~?eera, leDai repreaentativea or aa+i9na, may at ax~i ~
time pay the same witltout waivin~ or a~recii~t~ ths option to forecloas or any riyht hereunder,
a»d every payment ao rnade ahaU bear intereat from the date thcreoj at tlae rnte o~~_per
ce~tt. per ant~n.
J. To pay ali and aingutar the costa, elsargea and expenses, includiny Iawyer's fsaa, reaao~- ~
abIy incurred or paid at any time b~/ aaid Mortgagee-, her )~i~, lsgal r~prea~ntatives t
or assigna, because. of ths faiZure on ths part of the aaid Mortgagor
her t~*a, ieyai ~
representativea or asaiy~a to P~'f~, ~Pty ~aitk and abida by each and every tlse atiputationa, -
agreements, eonditiona and eavenanta of aaid promissory note_ crnd thia deed, or either. and
every such payment shall bear interest from date at the rate of_~en~er cent. per an~eu~m.
.b. To keep the buildinga ~ww or hereaJter on said Idnd insured in a aum not leas than
$ip~hest Ineurable Value o! Property----- noUars, in a company or compa.reias
to be approved by said Mortgagee_, and tl~e poiicy or poiicies held by axd payabls to said Mott-
9a9ee-=-, her lu~ra, legnl repreaentativea or asaigns, a»d in ths event
any sum of money becomea payable under eueh policy or policiea, the Mortga~ee_,
he r ~ ~ra, Iegai repreasntativss or aaaigna, shaII have the option to receive a~nd
apply the same on account of the indebtednesa hereby 8ecured or to permit tlae Mortgagor to i
receive and use it or any part thereof for other pt4rposes, without thereby maivi~?tg or impairinp
any equity, lien or right u»der or by virtut of thia mortgage, and may piace and pay for such
insurancs or any g?art thereof without waiving or affeeting tlte aption to foreelose or any right
i hereunder, and each and every ntch. paymen# ah,all bear intereat from date at the rate of ten
per cent. per anttum.
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' S. To permit, commit or auffer no waste, impairment or deterioration of sa.id property. or any
part thereof.
6. To perform, compiy with, and abide by each~and every/ the stipulatiotta, agreements, eo~er
~ i ditions and cavenants in said promissory note-, and in this deed set forth.
~ 7. If any of said suma of money herein referred to be not promptly and fuily paid within
fifteen ,t,,.y$ next ajter tha same severally beeome due and payabie, or if eaeh and every the ~
stipuIations, agreements, conditiona and covenants of aaid promissory note and thia deed, or
~ either, are not fuli~/ perjormed, compiied with and abided by, the said ag~regate sum mentioned
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~ ~ in said promissmy/ note_ shall become due and payable forthwith or thereafter at ths aption of
~ the Mortgagee-, her ~ra, leeal representatives or asaigns, as fully and completeiy
~ as if the said aggregate sum of ~en2 -t~h~ree Hundred Fort and no 10 ~a were
~ originalIy stiputated to be ~aid on d~/, any~7~i in said promissory note_ or herein to ths
contrary ~eotwithstanding.
IN wITNESS WHEREOF. the said Mortgagor_, ~S hPreunto set her
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~ hand nnd seal the day and year firat above 'tten.
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I S' ned, 8ealed and delivered in presenea of us: ~ (Sea1) f
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~ ~ lii., /~tUnilnr~~1 ~~r~ f~,rrr-J R. L. j OK~L
F. .Box 35-~43 fiami, rla 0 P. ,q A
`s:~ I :1 JJrr:c; BUOK 1~Y PAGL~~~ .
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