HomeMy WebLinkAbout2305 o!f •`t
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every stipulation, aqrcement, condition 1nd covenant of
said promissory note, this deea, and a loan agreement of
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even date, which said loan agreement is specifically made ~
a part of this mortgage by reference, then this deed and
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the estate hereby created shall cease and be null and void. ~
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AND th e said Mortgagor hereby cove nant.s and
agrees : ' 4
1. To pay all the principal and interest and
other sums of money pa}~able by virtue of said promi~sory
note and this deed, promptly o:~ the days respectively the
same severally become due. _ ~
2. Ta pay all taxes, assessments, levies,
liabilities, obligations and encwnbrances of every nature '
on said described property, and if the same be not promptly
p~id, the said Mortga_qee may at any time ~ay the same with-
out ~,~aiving or affectiny the optian to foreclose or any right
herennder, and every payr.ient so mad"e shaZl=bear interest at ~
~ the highest lacaful rate.
3. To pay all costs, charges and expenses, including
lawyer's fees, reasonably incurred or paid at any time by
said tiortgagee becaease ~f the failure on the part of the said
Mortgag~r to perform, comply with and abide by each and every
the s tipulations, agree:nents, conditions and covenants of
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said prorcissory note and this deed, or either, and every such
payment shall 1~ear interest frorn date at the highest lawful
rate.
4. To permit, com,.mit or suffer no waste, im~airment,
or deterioration of sai d property or an~? part thereof .
To pcrforr.~, comply with and abide by each and
~ verS• stipulation, agrecment, condifiion and covenant in said
pr.omissory ~iote and in this deeci set forth.
6. If any of the said sur.~s of mo»c~y herein referred
ta he nvt prom~~tly and f.uily p.-~ic? within tcn (10} days as to
P~~ge 3
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aoo~ 193 2303 }