HomeMy WebLinkAbout1253 t
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. 1. To pay all and sinyular the principal and inter~at and other auma of moncy payabie by
! virtue of aaid promiaaory note- and tlttia deed. or either. promptly on the daya respectively tke
( aame severally become dus.
To pay aI1 a~ui aingular the ta~sa. aaaedam~nta~ leviea. iiab~itiea, obii~aii;:;~a. and enc~m~-
brances oj every nature on aaid deaeribed property. each and every. and iJ ths aamt bs raot promp~
IY paid the iaid A~ort~aQee_, hi s Jleir~, leyal repreaentativea os aaiipraa, may at a»y
timt pay the aame without waivi~ or aJJaetixp the option to Joreelote or any ri~l~! hereterider.
a~sd every payment ao made ahaA bear intereat ~rom the date thereof at the rate of ~ per
I cent. per atttatrt.
( 1. To pay a1! and aingular th~ coata, charyea and ezpenaea, includin~ Iawyer's Jsei, reaaota-
~ ably incurred or paid at any time by aaid Mortgag~e_, hi s k:ira, leQai repreaentativu
; or as~cy;w, becauae oj the ja~ure on the part of the aaid MortgagorS~., thei r k~ira, Ie~al
` repreaentativea or aaaipna to per~w~n. eo~rcP1Y ~oith and abide by eacl? 4~nd every ~he atipulationa.
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~ agreemenis. conditiona and covenanta o~ aaid promiasory note_ and tAta deed, or ei#her. aad
~ every such payment aha11 bear interest from dats at tAe rata of ~ per eent. per annum.
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! 4. To keep the buiidinga now or herea~ter an aaid land inaured in a aum not Ieas than
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~ full insurable value in a eompany or companiee
to be approved by aaid hfortgagee_, and tl?t policy or polieiea held by and payabla to aaid Mort-
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i 9a9e~_~ hi s keira, Iepat repreaentativea or aaaigna. and i~t ths cnent
I any aum of money becomea payabla under tueh poliey or polieisa, the Mortyapee_,
i hi s heira. iegal repreaantn#ivea or aaaigna, a1~a71 have tlee aptiox to reeeive and
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~ apply the same ora account of the indebtedneaa hereby aecured or to permit ths Mortyagor.~ to
~ receive and uae it or any part thereo~ for other purposes, without thereby toaiviny or intpairirt~ ~
i I any eqtcity. lien or right under or by virtue o~ ihia mortgage, ared ntay plaea and paY f~ ~k
~ j insurance or any ~art thereof without waiving or affeeting the option to forecloae or any riQht
; ~ hereunder, and each and every tueA payment skall bear intereat from date at the rate of 7
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y ; per eent. ptr artnum.
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' ~ S. To permit, commit or aujfer no waate, impairment cr d~terioration of aaid property. or any
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; { part thereof.
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~ ; 6. To perjorm, eomply urith., and abide by each and cvery tlu atipulationa~ agreementa, eon-
; i ditiona and covenanta in aaid promisaory note-, and in thia deed aet fortle.
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~ I 7'. Ij any of aaid auma o~ mottty herein referred to be not promptly and fuUy paid ioithin
~ ; days next after tlis aame aaverally become dua and payablt, or if eaah and every tl~a
~ ~ atipulations, agreementa, conditiona and cove»anta of said promiaaory xote and thia deed, o~
~ either, are not fully perjormed, eompii~d with and abided by, the said aQpr~~ats aum ~ru~ntioreed
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y in aaid promissory note_ s.haU beeome dua and payabde ~orthwith or thereafter at the option oj
; the Mortgagee_, hi s 1~?ra, lepai representativea or aaaigna, aa ~uily and eomp~etely
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~ aa if the aaid aggreyate sum oj S 10 .000 . 00 doAars wera
~ ~ originally atipulated to be paid on such day, anythiny in said promiasory note_ or herein to the ~ ~
_ contrary notwithsta~tdiny. ~
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IN R'ITNESS WHEREOF. the aaid Mortgagor~., have lv+-~nto aet their
- hand S ~nd seal S tha day and y~ar jirat above ' en.
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Sig , a d ivered n pr~aenee oJ ua: 1 (Seal)
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;V:~ ! . , s' / 3
o ~ j~ ~t..('~ ~ 7~~. D'Z~ (Seal)
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BooK 197 PACE 1252 ~
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