HomeMy WebLinkAbout2015 1. To pay aIl and rin~ular the pri»aipai and intereat ax~ other auma o~ money payable by
virtue of aaid promiaaory note- a»d thu deed. or either, promptly on ths daya raapeetively the
aame aeveraAy become dua.
8. To pay all and aenguiar the taxea, aaaeaamenta. leviea, liabslitiea, obiipatioria, and enc~m-
broncea oJ every nature on aaid deacribed property~ each and every, and ij the aams be riot prompt~
ly paid the ~aid Mortyayee_, h 1 s jsyai repreaentativei or asri~na, ~nay at auy
time pay the aame witltout waivin~ or a~Jectiny ths option to roreeloas or any ss~ht heretender,
and every paymcnt ao made aha,U btar itstarsit ~rom ths date tleereof at t71s rnte of ten ~
ctnt. per afrx~an.
J. To pay ali and ainyulaa~ tl~s coata, charyea and expenaes, inciicdiny la~oyer's fsea, reaao»-
ably incurred or paid at any time by aaid Mort~ayet_, his 1~i~, legal repreaentativaa
or aaaigna, because of the fa~ure on ths part of the aaid Mortyagor~ their k~~~
repreaentativea or aaaip„s to parform, oomply with ar~d abide by each and every ths atipulationa,
agreementa, eonditiona a»d covenanta of said promiaaory note~ o~d thia deed, or either. and
ever~ such paym~et ahalt bear int,ereat from date at tAe rate of ten p~„ ~n~
4. To keep tlae bu~dingra now or hereaf
ter on said land iraaured in a aum not Ieaa than
~ Hi~hest Injurarle Value of PropertY noUara, in a company or companiea
?
to be approved by aaid Mortgagee-. and tllt poiicy or poiieiea hald by arsd ~ayabk to aaid Mort-
9a9ee-, h 1 s ~i, ~Qi reprcaentativea or asaigns, and in the evant
any aum of money btcomea payabls under a~ue~t Po~Y Pot~, ~~~9~+D~-.
h~ g keira, leyai reprsaentativea or asaigr+a, ahali have tlu option to receive and
~ apply the same on aecou~nt of ths indabtedneaa kereby aeeured or to permit tlu Mortgayor
S to
l receive and use it or any part thereo~ for other purpoaea, without thereby ioaivinQ or tmpairi~ty
i I
any equity, Iien or right uruier or by virtu~ of this mortgaqs, and may pIace a»d pay for tucA
I inaurnnee or any part thereof witkout waivin~ or affeetinD tlu option to jorecloae or any riyht
~ ]lersunder, a~sd each and every aue11 payma~t ikaU bear intereat from date at the rats of ten
(
~ per cent. per antaan.
i S. To pewmit, commit or auf
jcr »o waatt, impairment or d~terioratiou oj ~aid property. ox any
€ ~
x ! Part thereoi.
~ ~
; 6. To perJorm, eomply urith, and abide by each and every ths atipulationa, agreements, eon-
fi
§ ` ditio~a and eovenants in aaid promisaary note_, and in thia deed aet forth.
s
~ y. If any of said suma of money herein rafarred to bs not promptiy and fuily paid witkin
~ f i f te en ~ys nezt ajtar ths aame aenaraUy beeome due and payabie, or if eack and every tllte ;
~
~ atipulations. agreementa, conditiona and eovenanta of said pro~niaaory ttote- and thia dud, or
~ I either, are not ft~Uy performed, compIied witk and abided by, the aaid a~BreQate sum mentionad
~ i in aaid promissory note- ahaA become dus and payabie jortltwith or t)rereaf
ter at ths option oj
} the Mortgagee-, h 1 s l,~ra, ieyal repreaenta~tives or asai9ns, aa f
ullY ~~P1s~Y
~ aa if the aaid aggrepate av.m of ~ine Hundred Ninetv and no 100----- ~,~~.e
~ origina.Uy stipulated to be paid on sueh day, ~~y~hi~~ aaid promiasory note_ or herein to the ~
= contrary ~wteoithatandiray.
" IN WITNESS tiVHEREOF. the aaid Mortpagor
e, ha P 1i~eunto aet th~ 1 r Z
hand 8 nnd aeal~he day and year firat above written. ~
~3 , r-
Sign~, aealed and deliverul in presencs of us: L~ .~t~_ _ : ~ c ~ (Seal)
/ - , ~ i
Z r-~: -z~ ~
= 1 .
~ v
! ~ ~ ~ ~ 1' ~ 1 ' t~ ~ t- ~ ~?5•~~
I ~
ti i ~
Ng ?
/ h.r~ /~~~/nu~rr~t/ ~~r~ f~~~rr'~1 l~ ~ i ~ i
~ e ~K1g1 2010 '
r
~ .-1~G/r~:~,
_ . . . = a . . ,~r~:~