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HomeMy WebLinkAbout1630 ~ . ~ 1. To pab alt and singular the principal and interest and other sum..i of mone~ 3 pabable by virtue of said promisaory note an.d this deed, or either, promptlb on the days reapevtively the same aeveratly eome due. ~ 8. To pay alt and Singular the taxes, aseesaments, tevies, tiabilities, obli~ations i ond encumbrances of every nature on said described prop~rty each c~~d ~ver~, and , ~ : the Rame be not rom tl e zr ~ ' p p b paid the said .hfortgagea , t heirs, , le~al representatives or assigns may at any time pay the sarrae without uw~i~Zng or a~j''ectin~ the option to foreclose or anb ri~ht hereunder, an.d every payment so made ~ shall bear interest frorra the date thereof at the rate of 6 per cent. per annum. ~ To pay ait and s~ngutar the ~osts, char~es and expenses, ineluding lawyer's , fees, reasonabtJ incurred or paid at an~ time by soid Jl~ort~a~e6 , heirs, le~al representattvea or assigns, because of the failure on the part of the said ~ JKortgu~vr , heirs, legal representatives or assig`ns, to perform, ~ comply with and abide by each arul every the stipulations, agreements, conditions ' and cove~ants of said promissory note and this deed, or either, and every such ~ payment shall bear interest from date at the rate of 6 per eent. per annum. i To keep the building now or herea~ter on said land inaured in a sum not ' tesa than Dollara, in a company or companies to ; be approved bJ said .Afortgagee , and the policy or policies held by and payable ~ to said Jlfort~a~ee . heirs, le~'al representativea or assigns, and in ~ the event any sum of money becomes payable under su~h policy or poticies, the Mort~agee , heirs, le~al representatives or assi~ns, shalt hai~e t.he ~ option to receive and apply the same on aceount of the indebtedness hereby secured ' or to permit tlae .~fort¢agor to reeeive and uae it, or any part thereof, for other purposes, without thereb~ waiving or impairing any equity lien or right under or by virtue of this mortgage, and may place and pay for aueh insurance or any ~ part thereof without waiL~rg or afjeatin~ the option to forectose or any ri~ht here- under, and each and every such pa~m.ent sh,all bear interest from date at the rate of per cent. per annum. 6. To permit, eommit or su~j"er no waste, impuirment or deterioration of said property or anb part thereof. 6. ~'o perforrra, comply with and abide by each and every the stipulationa, ` a~reements, conditions and eovenants in aaid pTOmissory note and in this deed set forth. ~ 7. If any o,f said sum8 of money herein referred to be not promptly and fulty ; paid uzthin days next after the sarrae aer~erarlly become due and pay- able, or if each and every tke stipulations, agreements, conditi,ons and covenants of aaid pronzissory note and this deed or either, are not duly performed, complied with and abided' by, the said aggre~ate sum mentioned in aaid promissor~~ ~ote syiall become due and payable forthwith or thereafter at the option of the JKortgagee , f heira, legal repreaentatives or assi~ns, as fully and completel~ aa if the 8aid aggre~ate aum of dollars was originolly stipulated to be paid on auch day, anything in said promissory . ~ note o~ herein to the contrary notwithstandin~. In W1tI1C88 V~hereof~ the said .~ortgagor , hereunto ae,t ha»d and seal the day and year ~rat ahove written. ~ Signed, Sealed and Delivered in Preeence of; ' ~ t ~ ~ ~ i/~ ~•Q.~ 1 ~ L H ~?5 ~ ~ ~ v ~ ~ _ ~~G ~ - - ca's, ! < / ~ ~ ~ J L-- ~ _ ' ~'~.1~~~'S-_S-S.'- ' azd' ~ ~ - ~s,,. ~ , ; - - ~ - - - { ~^s _c\\ ~ ~ . ; _ ' _ _ _ _ " i , - _ - - ft,i ~muj f ~o~ i8~' ~ i63p ~ _ r_ . ~ _ _ _ ~ ~ t- _ ~ ~ -