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HomeMy WebLinkAbout1756 ~ ~ t : ; i t W Sl"A'1~E t-LURli~j~ UF-21U~ Oi~IUA OF21Ua? _ORII~A _US-21U~~ ;Ai~P TAX TAMP 1AX ;TAPj~P TAX ~?:>i!P TA:~ DOCUMFVTA~`! S7aVP TAX TA~%P TA~ - _ _ ~ ~ = a~irli-'~'~~ _ ` = 9900~ ''9900= '~=~9900= i.~9900~ ~ ~ = k~~;~f~3000_ :~9900= ~ _ ~ ~ _ _ = ~ N ef,~~:~~ ~ ~ " y - P f~. ? ~ o i ~ a - - ~ = - 3 ~ and shall duly, promptty and fully perform, discharge, execute, eftect, complete, comply wtth and sbide by cach and everv the stipuiation~, agreementa, condition~ and covenants of said promiswry note and ot this mortgage. then thjs mortgage and We eatate hereby created shall ceaae and be null and void. It ia understood thst each ot the words, "note," "mortgagoY' and "mortgagee" respectively and the pron- ~ ouns referring Lhereto. whether in the singulsr or plural anywhere in this mortgage. ahall be singular if one only and ahall be glural jointly and aeverally, if more than one, and shall be cnaeculine, feminine and/or neuter. wheeL ~ ever the oontext so implies or admits. 3 s And sald Mortgagor !or Mmeeli and his heirs, legsl repreaentstives, auccessors and assigas~ henby ooven- anLi ana agrees to and with aaid Mortgagee. hia legal representativea, successore and assigns: 1. To pay all aad aingular the principal and Ertterest and the various and sundry suma of money psysble br virtue of aaid pmmissory aote, and this mortgage. each and every. pmmpUy on the days respecUvely the same aeveraUy become due. 2. To pay all and singular the taxes, ~seeasments. levies, liabilitiea, obligation~ and incumbrances of every naWre and kind now on said described pmperty, and/or that hereafter msy be imposed, sutfered. placed, levied or asaesaed thereupon, aad/or tt~t hereafter may be levied or assessed upon this mortgage and/or the indebted- ness secured hereby. each and every, when due and payable according to law, betore they become delinquent~ ~ and bsfore say lnterest attaches or any penaity is incurred; and in so :ar as any thereof is of recotd the same ; shall be promptly satisfied and discharged ot record and the original official document (auch aa, for lnetance, i Lhe tax receipt or ihe satisfaction paper of~cially er?dorsed or certitied l ehell be placed in the hande of said € Mortgagee wiihin ten day9 next after payment; and in the event that any thereof is not so paid, aatisfied and ~ discharged, said Mortgagee may at any time pay the same or any part thereof v~~ithout waiving or aftecting any optiGn, lien, equity or right under or b~ ~irtue of this morigage, and the full amount of each and every such payment ahall be lmmediately due and payable and shall bear interest from the date thereof untll paid t at the rate ot ten per centum per annum and together with such interest ahall be aecured by the lien of this ~ mortgage. ~ 8. To place and continuously keep on the buildin~e now or hereafter aftuate on aaid land flre and windstorm t~ie highest insurable~ va~ue ~ inaurance in the usual standard policy [orm. in a sum not less than n su com- ~ pany or comp^nics as msy be approved by said MorLga~ce: and aq such insurance policies on any of said build- ~ ings, any interest thecein or part thereof, in the aRgregate aum atoresaid or in excess thereof, shall contain Lhe = usual standard mortRagee clause making the loss ur.der said policiea, each and every, payable to said Mortgar s gee as his interest may appear, and each and e~•ery such policy ~hall be prompUy deliverod to and held by eaid . ~ 1liortgagee; and, not les~ than ten days in ad~~ance ot the expiration of each policy, to deliver to a~?id Mortgagee ~ a renewal thernof, together v~tith a receipt for the premium of such renewal: and there ahall be no auch insur- ance placed on any of ~aid buildinga, any interest therein or part thereot, unlea~ in the form and with the lo~s~ - pa~•able as atoresaid; and in the e~ent any aum of money becomea paysble under auch policy or pollcies aaid ~ Mortgagee shall have the option to receive and apply the same on account of the indebtedne.s~e secured hereby or ~ to permit said !Kort(~agor to receive and use it or any part thereof for other purposes without thereby waiving ~ or impairing any equity, lfen or nght under or by virtue of thia mortgage; ar?d in the event said Mortgagor shall ~ for any reaso~ fail to keep the said premi~es so insured, or fail to deliver prompUy any ot aaid policies of = insurance to said 1?iortgagee, or fail prompUy to pay tully any premium thenfor, or ia any nspect fail to per- ~ form, discharge, eaecute, etfect, complete, comply K1tI1 and abide by this covenant, or any part hereof, said Mortg- - agee may place and pay tor such in~urance or any part thereof without waiving or aftecting any option, lien. _ equity or right under or by virtue o! this mortgage, and the tull amount of each and every such payment ahall be Immediately due and ps)•able and shaq bear interest from the date thereof until paid at the rate of ten per centum per annum and together with auch Interest shall be secured by the lien of thL mottgage. ~ a 4. To permlt, commit or suffer no aaste, impairment or deterionUon oi said property or any part thereof. = :y 6. To pay all and aingulu the co~ts, charges and expenses, tncluding nasonable tawye~~ fees and cost o! f ;r aDetracts o[ title, incurred or paid at any tlme by sald Mortgagee because and/or in the event of the tallurs - on the part ot the safd Mortgagor to duly, promptly ana lully pertorm. dLcharge. e~[ecute, eKect, complete, comply wlth and abtde by each and every the stipulaUons, agreemenb, condiUoni and oovenanta of aaid promL- ; wrr note. and this mortgage, any or efther, aad safd costa, cturga and sxpen~ea, each aad every, shall bs tm- ~ = medjately due aad payahle, whether or not there be notice. demand, sttempt to colkct or ault pending: and ths , full amount o[ each and every sucb-psyment ahali bear interest imm the date thereof untll patd at the nte ot ' :t ten per centum per ~nnum; and W safd cosb, charga and ~xpea~e~ ~o incurred os paiQ Wgst,her wlth aucb in- tereat, ~hall Ds ~ecured by tbs Um ot thla mostgage. ~ - t BQOr ~91 1751 ~ • ~ _ ~ - ~ ~ . . . _ - . _ _ v,