HomeMy WebLinkAbout1307 1. To pay aI~ and iin~ular tlls priricipai a»d intereai and ot~ler sv.ma oj mo~y payabis by
viriue of aaid promiaaory »ote_ and tAia dsed. or eitlaer, ~omptty on aay~ ,~sspectiti.ty t~?e
aame aeveinliy becoms dttt.
To pay ali and aix~uiar tJls tassi. aues~entt, Ieviea. liab~itisa, obiipatioui, a~d ~to~aw-
brancea oJ every nature ox ioid described property. eack a»d every, arid iJ !As aame bs riot pro~xpt~
ly paid t~ks iaid 3[ortpaye~., hi e~.s,.,, ~ r~pr~a~ntotivea or as~i~+~+, '~ql at mqi
time pay tais same without maivi~tp or a11~0 tJle optioa to foredots or aa~Y„~At k~r~a~d~r.
and every? PaY~ierit io made ~lrali baar irterest rrom the date thereof at t~1s rnte of ten
ce~tt. per a~aup~.
To pay aU and rix~ubr the coab, charDsa and axpexrea, incl~din~ tawyer'i ~~a, reaso~
abiy incurred or paid at any time by aaid 3[ort~aQs~, hle ~ri, Ieya~ represeritativea
or aaaig~a, beeau,TS oj the fa~ure on llle part oJ Llle aaid Mort~a~or 8.. thelr ~ra. ieyal
repreientativea or aa+i0~+ ~ P~'1~ ~PSy witla and abids by eacll arid every tl~e a~epwlatio~.
a~reements. co»ditio~a a~nd eovsnari#s oJ aaid promiaaory ~not~ und thia deed, or eitber. a~d
every such payment alraJi bear irttereat from dats at t~s rats o~~4ILL_ per cent. per ~
To kup t.lts bu~Tdixyi now or kareaJter ox aaid laxd inas~red ix a a~a~ not Ieai tha»~
Hi~rheat Insurarle Yalue of Property ndiar~, in a eompany or coMpanies
to bs approved by aaid blortgaQee-, and tl~e policy or polieies l~etd by and payabls to said Mort-
9a9~sy-. hie ~Dai reprsaentativsa or aasi~t, a„d i~ tlts event
any a~cm of nsoney betomea payable iatder n~ck Pd~i? or Pdicisa, ~~~~a~-.
hie keira, ieyal repressntatives or aaaipr~a, sllaJi l~ave t~e optiox ta reeeivs axd
apply the sams on accar~nt of t11e indebtedneia llereby asc~cred or to permit tlas Mort~a~or~ to
receive and uss it or any part tltersof for otber purpoaes, witlaout tllereby waitriny or impa~ririp
any ~~ity. lien or riglkt xnder or by verttis of thia ~wrt9aye. a~sd +~v ~ a+~ txiy for s+~k
ina~crnnes or any part thersof witJ~eout ioeivix~ or afleetitty tks option to foreelose or ariy riyl~t
her+s~a~der, and eae11 and every a~uek paymest ill~ali bear ir~tereat from da#s at t.~s +~ate o) ten
per eeftt. per a~aaan.
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5. To permit, commit or auf
jer no waata, impairment or deterioratio~t of said property. or a~y
;
F Part tl~a~rso~.
~ e. To pcrform, compiy with, and abids by eack and every t,las stipalatioru, a~reements, oori-
r
~ ditio»s a»d cwvanan#i iri aaid promiasory uots_, and in t1~ia d~ed aet Jortlt.
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~ 7. If any of aaid auma o~ monsy harein raferred to bs not pro~nP~f? and ~xllY P~
~ f i f t een .~ys nest af
tes ths aa~e seneraAy bieoms due a~d payabla, or if eacA and evary t.~s
~ atipulationa, a~'eemeKta, canditioni and eove~saxta of said promiaaory »ot~ and t~ia d~ed, or
~ eithsr, are xot fu11y pe+'formed. e~mPtied witk and abid~d by, t7~s aaid a~p+'eyats a~an ~srtioned
~ ~
~ in aaid promiaaory note_ ahali b~ome dx~ wad payabIs fortkwitk or t.kercafter at tke optia~ of
~ tke Mort~apu_, h 1 s lr.~~, ~9aI rapreaantativea or aa+i~ns, at f
O~ wtd eomP~~Y
~ a a i
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f F o r t - e i h t n d r e d i n - i e
~ ori~i~clly atipxlated to be paid oA ~~d~y
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i in aairl promiaaory note_ or herein to the
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eontrary not~oitkataridi~.
~ IN WITNESS WHEREOF. tAe said 3[ort8ayor~-, ~~?e k~~~ i~ their
v,
~ n~.na~aria a~at~the aay a,ut yca~ fi~t above ~ittcn.
~ S' , ealad and d 'vared in psaasnes o~ xa: ~ -ti 'r~ " ~ . ~"r (Seal)
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E - i90 1304
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