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HomeMy WebLinkAbout0198 1. To pay aU and ii»~ular t~ks pri~toipd a~~d inter~at a»d ot~ktr au~na o1 m~11 PaY~~ bf? virt~e of aaid promiasasory riot~._ atd t~s dsed. o* eitJ~er. TN'o~n~Ptly on tll~ daya rsspectively t~ same asvetaUy bsco:ne d~. t. To pay a~l a~d iixQ~l~ tAs taxa, assws~tenta, ieviei. I~abaitiet, obliyalio~a, ard bra»cea of every ~atiere o~ m~d deierib~d pr+operty. eacll and every. arid ~f t.~s sa~s bs ~ot pr+orwpt- iy paid l7ke s~said 3[w~t~aQse~ h i e teyal r~pra~taNva or a~i0~+, ~W ~~f? hme pay t~h.e aame without ,vai,~p or aff~o tlls option to f oreetas or any r~pllt ll.reta~aer. and eneryl PaYmsnt ao made s1~aA bear inter~tt ~rom ths dats tllereo~ at the rate of Len ce~tt. per o~a~taR. J. To pay aU and ri~~br t~s cab, cJrarpsa and esp~aei, i»ctudina Zaioyer's f~, teatox- abty incta~red or paid at any iima by aatd ~tortQa~se._. his ~R;,~, ~d,,epreae~tativea or aaaiyria, becauas oj t1~ fa~lws o~ t~ke part of tks sad Mort~apor~., their ~y~ represantatives or aaiip~s t~ perJor~,? ooiwph? ~oith. and abide by e~acll? a~td every t,ha afiipxiatio~+. a~reementa, conditiont aaui covenarita o~ aaid prorniaawy? nota___ o~d t.his deed, or eitker. a~d every such payment sAall bear i„#ereat ~rom date at tk~ rate of ~4~ per cent. per an~aan. 4. To ksep t14~ b~a~din~a wow or lterea~ter os awd la~d inawed iri a a~an »ot len than . H1Erhset Ineurable Value of Property na~, ~ a eompaxy or co~pan~ to bs approved by-aaid Mortyayee~, arid llls pdiey or pdiciea l~eid bY axd PaYable to aQid D[ort- 9aDte-~. hi a ~eyol reprssentatives or aasi~, a~d ix tke event ~ any au~n of ino»ey beco~nea pa~tabk ~dar ~ policy or pd~eies, the D~ortyaDee~. hie ~:ra, Ispai repreaentativa or asai~a, alkal! lrave tka optio~ to reeeioe a~d appiy t/~e sama ox account of t~ke i~dabtedrieu karaby aeckr~d or to permit tll~s llortyopor 8 to receive a~d uae it or wty part t~tereof f or otAer p~poaea, without thersby toaiviriy or finpairi~ ~y ~ity. t~en or r~~?tt ,~a~ or by vi~t~e o) tatia mortyaDe, ana -~av ptaee ana n~r for swa? inaurance or any part thersof witkout toaiviny or affacti'?~r tl~s oPfiion to foredoae or a~yl riykt . AeretaeJer, and each and every a~ek pay~ne~t tkali bear intereat from date at t,lts rate o~en ; Per cank Per anxtan. . f ~ 5. To permit, commit or iuf f sr »o ~oaata, impairment or ~leterioratiox of aaid properl~?. o~ a~y? ~ part tltereof. ~ 8. To P~f~, ~PtY '~1~, ~~a bfl ~ack and evsry tl~ itipula~iona, aDreements, oo~ ~ ditio~a and cane~ants iri aaid prontia=or~l not~, and in tkia dted aet fortl~.. ~ E 7. If any of aaid su~ns of mo~ey laereeri ra~ened to be not promptly and f+~y ~ fifteen ,~.ya ne~t after t~Yss same ssverouy becom~ due and payabis, or if sach w~d every t~e atipulationa, a9reementi, condiitiona w~d covenawta of aaid promiaiory not~ a»d t~l~ia dsed, or either, are not juiiy performed, complied witk and abidad by, tl~s aaid a~?Orepata a~an mentioued in aaid.promiasory note ahaA beco~ee due wsd payabl~s fort~kwit~ or tbereafter at t7as opfiioa of the Mortgapce-, his layal repreaeritativea or aaaiy~++, a+ f+~Y ~~P~y ~ ~ {f ~ a~ ~y~.~~ of Seventeen Hund i ~e Y oripi~ally atiPulated to be paid on auch t~l; ~A:~ in aaid promiaaory xot~ or laarein to tks ~ ~ - contrary notwithatand~~ty. a hav e s~ t he i r IN WITNESS WSER~OF. t.he said Mort~ayor_, hand, 8.and aea~8 tl~e aay a~d year f~rst abova writt.sn. 1 ! j ' ~ S' , aealed and delivered i~t preae~cs oJ w: ~ ~ ' ~ ~ •I ~ ~t'~~'L (Seai) ~ . : ~2t.r ~ lgeaj) ~ . 3. L. S Y. 0 L P. 0. B o x ~ 5- 6 4 3 ~ % lir~ h~~lnnncu~ f?ir~ruril hy: 61 i e m i , F 1 a A~f~J?ru 3 3 1 3 5 - _ ~ _ _ . ` ~ _