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HomeMy WebLinkAbout2677 . i ~ ~ ~ ~ i i ~ i ~ ( 3 f t 1. To pay al! and ain~ular the principal and intcrebt and other auma oJ money payable by virtue of said promisaory note- and thi~ deed, or. either, promptty on the daya reap~chvely the ; same severauy becor.ts due. ~ i . . , ; 8. To pay all and aingular the ta~ea, aaaeaamenta~ leviea, ~iabditiea, obli~atiana, and encum- ~ braneas oJ every nature o~t aaid deacribed property. each and every, and ij ths same ba not prompt- ` I iy paid the taid Mort its ~~~~yaQ~~preae~ativea or aaaiQna. may at any DaDee-. 4 ~ time pay the same without waiviri~ or afJectinp the option to jorecloae or ~ny riyht Aereunder, ~ and every pa.yment ao made ahaU bear intereat Jrom the date thereof at Lhe rat~e ojL~~per ~ ~ cent. per a~attan. t ~ 1. To pay a!1 and aingular the coata. claaryea and expenaea, includin~ lawyer'a feea, reaaon- ~ ~ suGce s rs Y nbly incurred or paid at any time by aaid Mortpagee_, its y~~~, ~g~ repreaextatiyw ~ ; or assiyna, because oj the jailure on the pa.rt o/ the aaid Mortgagoa~, their ~eira, leyul ~ ~ ; rcx?resentativea or aaai,~na to perform. eomplY with and abide by each arui every t1u atip~~atio~na, ~ j agreementa. cmiditiona and covertants oJ said promia8ory note and thia deed, or either. and ( every sueh payment ahali bear interest from date at the rate o f fl ll2 ~er ccnt. per annun~. ~ 4. To keep the buildinga now or hereafter on aaid land insured in a atem not leaa than ~ t ~ hi hest insurable value n } ~ g oUara, in a eompany or companiea + , , ' fo be approved by said ltiiortgagee_~ and t1u policy or policiea held by and payable to aaid Mort- ' successors 9a9eC-. its le~al repreaenta.tivea or asaigns, and in the event i any sum oj money becomea payable under auch policy or policiea, the Mortgagee_, ~ its successors __.~otie~ legal repriaentativaa or assigna~ ahall have the aption to receive and ~ appIy the same on account of the indebtedneaa hereby secured or to permit the Mortgagor~_ to ; _ f receive and use it or any part thereof for other purposes, urithout thereby waivireg or impatiring * s ~ any equity. lien or right under or by virtue of this mortgag~, and ma.y plaee a.nd pay for auch ~ I ~ insurance or any part thereof without waiving or affecting the aption to foreclose or any ri9ht ~ ' ~ hereunder, and each and every auch payment ahall bear interest from date at the rate of 9 1 2 ~ j per eent. per annum. _ k 5. To permit, commit or sujfer no waste, impairme~it or dete~ioration of said property. or any ~ ~ ~ part thereof. ~ , 6. To perjorn:, comply with, and abide by each and ever~/ the stipulations, agreementa, cort- S ~ ' e ditions and eovenants in sa.id promissory note._, and in this deed set forth. ~ ~ 7. If any oj said sums of »wney herein referred to be not ~rompUy and fully paid within . ~ days next af ter the aame severally become due and ~aya.bie, or if each and every the : stip~eiations, agreementa, conditiona and eove»ants of aaid promisaort/ note_ and thia deed, or ' ~ either, are not fuUy performed, eom.plied with and abided by, the said aggregate sum mentioned ~ ~ in said promissory note_ shall beeome due and payable jorthurith or there¢fter at the option of the Morigugee-. its uea~s rs , gaQ representatives or as$igna, aa fu11y a»d compietely ~ ' ~ as iJ the said a TwPntv-Fi ~~A T ~ / ~ ggregate sum oj hnt sancLand OOTlOo---- ~oltara were ~ ; ori,ginally stipulated to be ~aid on such day, anything in said promissory note- ar herein to the contrary ~totwithstanding. ~ s~ ~I IN T~'ITNESS WHEREOF. the said Mortgagor~, havP hereunto set_~ ~ hand S Rnd seal S the day and year jirst aboue writ n. ~ ' ' ~~I `Z'~1 ~ Signed aled a ~deliv in r r~ee of us: ~ Y (Seai) ~ r : ~ ~ ' Lavo ~I . Butler : ~ ~ , ~ i ~ i ~ : . (Seal) ~ Ethel M. Butler ~ ~ ~ ~ ~ ~ ~ /l;t~ /nJrrnn~ftl ~~r~f~,~rr,l 1~1. 1 ~l:~rr ~ ~ooK187 ~~E2676 . _ r='. . . - . . . . _ . - . . • . . . . , .:~k<`s..