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
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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
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~ per cent. per anntim. •
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; 5. To permit, commit or auffer no waate, impairment or deterioration of said praptrty. or any
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~ 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.
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~ 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
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~ 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
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~ 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. .
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: f Signed, aealed arui deiivered in preaenee of us ~ ~
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Seal)
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