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Home My WebLink About1306 i , ; - j ; -and d~all dulY. F~~PUI' aad iWly pedorm. dischargG execute. efiect, complete, oomply w/th and abids by each and every the atiputsuoas. agrcemente, oauditions wnd coveaaata of said pr~nmiawry note and oi'thia mortgags, then tW~ mortgage and the eatate henby created ahail ceaae aad be null arw void. It is nnderatood tbat each ~ tue woMe, ••note," "mort8a8oY' and "mottgagce" respectively and the pron- ouns reterring theretor whether in-the singular or plural aaywhere in thts iaortgage. shall be singular ii one onl~ ~ and ~hall be plural jointly and severally. ii more than oae. and ahall be mesculine. feminine and/or neuter~ wher~ ever the oonte~ct w impliea or admits. - Md aaid Yortgagos for hlmself and his heirs. legsl npt+eaentatlvea. sucoeasors aad anb am agreas to and vvith said ][origageq, hia legal rept+esentaiives. succe~eors and assig~ oovea- L. To pUr ait aod dngular the prtncipsl aad intereat and the varioos and auadry wms oi moneY PdY~1e b7 virtue o! Wd Pmm~ozy notq, aud tAis awrt6~80. ea~h and every?. Pramptly on the days reapsctivel~ tbe aam~ severaliy ba~ome dus, ~ P~Y v1 and dnSalar tbe tases. aasesamcnta. levia. IlabiUties. obUgattons and incumbradoea o! ever~ nai~u~e and ktnd now oa said dwcribed PmP~rtY. and/or that hereaiter may be ianpo~eed. suffered, Placed. levied or aaseseed tl~ereupoty and/or tbat hereafter may be levied or aaseseed npon thia mortgage and/or ths indebted- neas secvred henby, each aad every~ when due and payable aceording to lew, before tUev Decame delinqueat, and before aay intereat attaches or any penulty is incurred: and in so far as any ttureoi is ot ncord the sams ahall be promptly eatisfied and diacharged ot record and the original offidal document (such as, tor inataac~ ihe tax receipt or the sstisfactiaa paper offidally wdoreed or certifiedl ahell be placed in the hands o! said Mortgagee wit,hjn ten dsys nczt atter paymmt: and in the eveat that any tl~reot is aot so paid, astiafied and ! dischsrged. said Hortgsgee msy at eay ttme pay ihe same or any part thereof without waiving or afiecting any option. Uen. ~quity or right under or by virtue of this mortgage. and the full smount oi each and every such payment ahall be immediatelq due and payable and shail bear interest from the date thereot uniil pald at the rate ot tea per centnm per annwa and together with such interest shall be secured by the lien oi this mortgag~e. ~ E s. To plaoe and cantinnousiy kcep on the buildings now or hereafter situate on said land Hre and windstorm insuranoe in the uat~al ataadard policy Iorm. in a aura not tess than i...----YaZ~ID1le in auch ~m- panq or eompsnies aa may be approved by aaid Mortga~ce; and all such insurance poHcies on any oi said build- 1ngs. any interest therein or part thereoi'. in the a~gregate sum aforesaid or in excess thereof. shall contain the usual staadard mortgagee clause making the lo~o under said poUcies, each ai?d every~ payable to asid Hortga~. See aa hts interest msy appear. and each and every suc6 policy ahall be promptly dellvered to and beld by sald ldortgagee; and, not hss than teA days in advance of the ezpiration ot, eacb pollcq, to deliver W asid L[ortgagee s renewal thereof, together with a reixipt fer the premium of ~+uch renewal; and there ahdi be no such iasur- ~ utce plttced on sny of ~aid buildings~ asy interest thereia or part thereot. unless in the torru and with the lo~ payable as a[oreaaid; and in tbe event any sum ot moeey beoomea payabk under such policy or pollcies aaid ~ortgagce ahatl have the option to r+e+ceive and apply the aa~ne on ac~oouat ot the indebtedneas secured hereby oe ~ to permit said Mortgagor to receive acd uae it or any part thereot for otlier purposes ~rithout thereby vvaiving or lmpairing ~ny equity~ Hen or right under ar by virtue o! this mortgage; sad in the event said ][ortgagor ahall tor any reason tail to keep the aaid premi~es so in~ured, or tail to deliver promptly any ot safd policiea o! inauranoe to aaid Mortgagee, or fail prompUy to pay fully any premium tLerefor, or in any respect fail to per- form. discharge. e~cecute, effect, oomplete, oomply with and abfde by thl~ carvenant~ os anq part hereof, ssid Mortg- . agee may place a~d paq for such inaurance or anq psrt thereof without waivjng or aifectlng aay optiwr. lien„ e9uit}? or right under or by virtue of thi~ mortgage, and the NU aq~onnt ot each and every sueh psyment shaII be lma~Miate2~ due and payable and ahaU bear interest trom the date thereo! uttW gaid at tbs rate o! ten per centunn per annwn ar?d togetber wtth such interast aball bs ~ecured by t~e lien o! thl~ raortgage. - 1b pesmlt. commit or ~uffer no wraste, impairmeat oe det.erlorstioa ot utd propsrt~ or aay part thereoL . 6. 1b pa7 a11 aad iingular the casts, chaBea and eupenses. fncludin8 rd~onaWe Iavryes'~ feea aad cost ot •bstracta ot Utt~ facurred or patd at an~ Wne by iald !~[ort~gee becau~e aad/or W ths s~?eM at tLe faltur~ ott tbe part oi tue aaid Mortgsgor to d~?. PramPUy aaA fu1lY Perform. df~cha:Se. e~[ecutq, eited. comPlet4 oomPl~ witb ~nd abide by a~cb aad rvetp tbe stlPul~?tions. agre~menta. eonQitians aM oavenaab ot sa~td pmmf~- ~or7? no~, aad tbia mortgagq, an~ or dttier, aad bald costsi, charges and a~pea~e~. eRCh and every. sbaU bs 1m- medlatell? dns and P~Yab1e. ~vhether or not thee~e be notice. deman4 attampt to oollect or aWt petWing: aad th~ lb11 amamt ot eaeh aad e~ery a~ W3~~t ahatl beu intenst Irom tbs dat~ tb~rsot until paLd at tbe rate d tsa P~ ceatuad per aonum; and au ~atd oo~t~, caarsa aad ~ w facurreQ or paiq~ topt~r wftL wcb ia- terr; sbail b~ s~wssd bp t1w liea ot thla mortaaa+s. ~ _ _ _ - - y _....~y..._ . , _ , . - -