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HomeMy WebLinkAbout0133 1. To pay aIT and aingular the principal and intereat and other sssma of money payable by virtue of said promissory note- and thia deed, or either. promptly o» the daya reapectively the aame severally become due. To pay aIl and 8ingular the taxea, aaaeaamenta, leviea, liab~itiea, obiiflationa. and encum- brancea oj every nature on said deacribed property. each and every, and iJ ths same be not promp~ lY paid ~he aaid Mortgayee_, hi e ieirt, le~ai repreaentativts or aaaigtsa, maY at an~? ; time pay the same without tvaiven~ or a~Jeetiny the option to JoreeIoae or any riyht hereunder. and every payme~it so made ah~ bear intereat ~rom tht date thereof at tht rate of Len p~ y cent. per a~a?u~t~. 1. To pay all and aingular the coata, c)aarges and expensea, in~:luding iawyer'a ~sea, reaao~t- ably incurred or paid at any time by aaid biortgagee_, h18 l~.~ra, tegal ra~preaent,ativ~a or asaigns, because of the faaTure an the part oJ ths said Mortgagor_, her heira. i~ol ~ repreaentativea or asaig~na to perfo+'m, ~f~Y with arui abide b~l each and every the atipulationa, agreementa, conditiona a»d covenanta of said promiasory note_ and thia deed, or either. a»d every~ such payment al+all bear interast frnm date at ths ra#e of~SII- per cent. per ann~an. 4. To keep the bu~dinga now or hereaiter on aaid land insured in a aum ~tot lesa tlian Hi~lhest Ineur rle Value of Pro~ertJ noUara, in a company or compa.niea to be approved by aaid bfortgagee_, and the policy or policiea hetd by and payable to said Mort- gagee~, h i A ~eira, leQal repreaentatives or aaaigna, a»d in the event ~ any aum oj money becomea payabte ut~der such po~icy or policiea, ths MortyaQec._, _ hie keira, Iegn1 repraaentativaa or aasipna, ahall havs the option to receive and appl~ the same on account of the indebtedneaa hereby aecured or to permit the Mortgagor- to receive and use it or any part thereoj for other purposes, without thereby waiving or impairinp T ~ any equity, lien or right under or by virttce of this mortgage, and may place and PaY for aueh s insurance or any ~art thereof without waiviny or af jeeting the aption to fortcloae or any right i hereunder, a»d each and evcry attch payme»t ihall bear intereat from date at the rnte of ten ~ ~ = ~ per cent. per anntim. • ~ ; 5. To permit, commit or auffer no waate, impairment or deterioration of said praptrty. or any Y ~ i part thereof. ~ 6. To perform, eomply :vith, arid abida by each and every the atipulatio~ea, agreements, eon~ ~ ditions ared covenanta in aaid promiasory ~note_, and in thia deed set forth. ~ ~ 7. If any of said sums of money herein referred to ba rwt promptly arui fuUy paid within ~ f i f t e en ,~.ys next af ter the aame aeveraUy become due and payabte, or ij each and cvery the ~ ~ ~ I stiprilationa, agreementa, conditiona and covenanta of aaid promiaaory note_ and this d~ed, ar ~ either, are not fully performed, eompJi~d toith and abided by, the aaid aypreyate sum mentioned ~ ! in said promissory note- shaA beeome due a~nd paya.bie ~orthwith or thereafter at tha option of ~ ~ ~ the Mortgagee-, his l,.~ra, Isgal representati+~es or asaigna, aa fuAy an.3 rompletely ~ ~ aa if the aaid aggregate aum of Tr+enty-five Hundred 31x and 24/1~Q ~Uara were ~ originally atipulated to be paid on~~ell~~,•~I~hing in said promissory note- or herein to tAe - contrary notwithatandiny. i IN WITNESS WHEREOF, the aaid Mortgagor-, ~8 kertunto set har ' trand rtnd seal-the day and year firat above 'tt~re. . ! ~ : f Signed, aealed arui deiivered in preaenee of us ~ ~ ~ l ~ ~ --~~°'""T{} ~ - ~ `l C~ t C~ l' h.~1/` J ( Seal) ~ _ ~ ~ ~ l Ir1, /~~~Inuurul ~~r~~~~rr~;1 S. Sc ~e~ /~c x 3,1= S/' 3 ~ ! ~ } 1.Llrr„ r~.c~e~~r f-1o•. ~ RK~O ~~f _ I 3~~ ~ , a ~ ~v _ ~ : ~ ~