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HomeMy WebLinkAbout1946 i i ~ , ? } ~ ~ ~ I I ~ ~ 1. To pay all and rin~ular the principal arid intereat and other suma oJ money payabls by ~ virtue oJ aaid promisaary »ote^ and thia deed, or eithsr. promptly on tHe day~ +reapectivsiy t)le . I same aevernlly 6ecome dus. ! To pay all a»d airig~Iar tlle taxea, aaaaaamenb. leviea, iiabai~iea, obli~atio„a. a~d enea~w- brances oJ evcry nature on aaid described property. tach and every. and ij ths same bs ~tot prompF ly paid t11e :aid Mortfla~se~ _.Lheir ieai. Ispai r~prsas~ntatives x aari~~. at sx~? ~ time pay the same without wai»in~ or aJjeeLti~ the option to Jor~cloae or any ripht Asreunder, i and cvery payment ao made ahall baar intereat ~rorn tht date tharaoJ at the rnte oJ~@?.~._per i ; { cent. per amapa. j J. To pay all and singular t)te coata. cAaryea and expens~a, includinp lawyer's ~se~. ~eaaon- j ably i?icurre~ or paid at any time by aaid Mort~agee~ their A~ira~ legal reprtaentativu ; or asaigna, becae~se of ihe Ja~Ture on the part of the aaid Mortyagor~ their k~~~ ley~ ~ represenintivu or asai~na to perJorm, eo~tpty with and abide by eaeh and every tAe atipulutiona, ; agre~ments. conditiona and eovenanta oJ said promiaaory note a»d this deed, or eitAer. and ~ ~ every/ such payment aha11 bear inttrest froan date at tlte rats o~ Len per cent. per ~:num. ( ~ 4. T'o keep the buildinga now or hereaJter on said Iand insured in a aum not leaa than s HiohPat Insurabl~ "alue of Property nollara, ix a eompany or companiea ; !o be approved by aaid Mortgagee 8., and tl~e po~icy or poticies l~etd by and payabt~ to said Mort- i ' yQyeC~~ th~ i r ~itirs, Ie~ai rapreaentativua or asaiQna, and ix tAe event any sum of money becomea payabk ut~der sueA policy or poiieita, tht Mortyayte 8, ~ t he 1r keira. legal repreaentativsa or aasigna. ahall have t)~ optiox to rueive and ~ appiy the same on account oJ ths indebtedneas hereb~ secured or to permit tAe Mortgagor 8 to receive and uat it or any part thertof for othar purposes. urithout thereby waivin~ or impairi~ty ; ! arty equity, lien or right under or by mrtue of thia mortgage, and may ptaes and pay for sueh . insurance or any part thereof without waivirtg or aJJecting the option io ~oruloae or any ~ht ~'i hereunder, and each and every ~ueh payms~t sAaA bear intereat Jrom date at tha rata often ~ per ceret. per annu~n. ~ ~ S. To permit. commit or suf fer no waate. impairment or dtterioration of said proptrty. or atyl part tktreof. 6. To perjorm, compiy eoith, and abide by each and cnery the stipulatio~na, aQreemants, ton- f ditioris arui eovenanta in aaid promisaory rwte.-, and in tAis deed aet f orth. ; 7. If any of said st~tna of mortty hercitt referred to bs not prompUy w~d fuUy paid witkia - f i fteen ,~Qys nert ajter the sam~ aeverally become due and payabi~, or ij aick and every tlte ~ : stepulafions, agreementa, conditiona and cove~ants oT aaid pro~niaaory nota_ ared thia d~ed, or ~ either, are not fully perjormed, complied with and abided by, the said ayQreyate aum mentioned ~ in aaid promissory note_ shaii beeome dua and payable jorthwith or tlureajt~r at t)u option oJ ~ the 1lfort~agee S, th~ir Loirs. Itgnl representatives or asaigns, aa fully a»d eompletely ~ ~ aa if the aaid aggregate aum ofrMetlt -one Hundred Fort -nine ~ 22/1 a,~~a ~ ~ ~2 ~ originaliy atipulated to be paid on ~CC~.~y ~ n2 hing in Jaid pramissory note_ or herein to ths ii ? contrary tiofecith.atandiny. ti~ : g e have h~~nto aet their # ~ IN WIT:VESS WHEREOF. tAe aaid Mortgagor_. { ~ ~ hand~~nd sea,l e the day and y~ar Jirst above writte~e.~ ~i y; i t IF , . k : Siy~, ualed and dyliver~¢ ia ea oJ tia: ~ - _(Seal) !l ~ r 4 • ~i"~ ~ L - ~ ~ ~~j ~ ~ ' , ;i ~ UI ~ ~ ~ ~ : ~ ~ _ - ~c- ' ~ ) - - lL. S~ il ~ ~1 ~ _ ~ ~ ti•AJnxe-•~~ ~i ~ li;?= ~rt~lrr~ru~nl ~~r~ f~~tr,,1 h1 : , . t~OX ~ ti;I 3:".~ :=t bafl~~~ ~V~ ~ l~t~lrr~~ • i>1~? i~ ~ ~ t ~p ' ' ' _ ' _.T1~ _ - . . . . ~ ~ _sz. . , ' . . . . ' r . . . . :f .