HomeMy WebLinkAbout0446 nore shall be applied first to interest accrued as of the date
of pAyment.
TO HAVE -AND TO HOLD THE same, together with the
tenamen~s, hereditanents and appurtenr~nces thereto belonging,
and the rents. is~s~~es and profits thereof. unto the mortgagees,
in fee simple. ~ -
AND Tne Mortgagors covenant with ;;he mortgaKees tha~
the m~rtgagor is indefeasib~y seized of said 12nd in fee simple;
that thP morrgagor has good i~i~t and lawful authority to convey -
said Zand as aforesaid; that the mortgagor wil? make such further
assurances to perfect the fee simple titl~ to said land in the
mortgaRees as ma;~ reasonably be req»ired; that the mortgagor
hereby fully warrants the title to said land and wi~l defend
the same against the law`'ul claims of ali pPrsons whomsoever;
and that said land is free and clear of all encumbrancES except
t~xes accruina subsequent to December 31, 19?0, zoning re gulatians
in forc~ and effect, restrictions, reservations, easements and
rights-of-w~y of record. .
~ PROVInEB ALWAYS that if said mortgagors shall pay unto
said mortgagees that certa~n promissory note hereinafter
;
j s~~bstantially copied or identified, to-wi~ : _
I
(SEE FOLLOWING P~GE)
~E alid shall perform, comp~ y with and abide by each and every
f
~ the agree*^ents, stipulations, conditions and covenants thereof,
!
~
and of this mortgage, then this mortgage and the estate hereby
created, shall cease, 3etermine and be null and void.
~ ANn ThE mortgagor hereby further covenants and"'~
agrees to oay promptly when due the principal and interest
and~other s»ms of maney provided £or in said note and tr:is
mortga~e, or either; to pay all and singu-~r the taxes,
` assess~:ents; levies, liabi~ities, obiigations, and encumbrances
~ .
~
~ -3-
~ $o~K193 y 446
-a_~ . ~