The URL can be used to link to this page

Home My WebLink About0187 . . . . ~ ~ . ~ ~ ~ !i ~ ~ ~ . • . ' . ? • and shall dulY. Prompuy aad fu11y perform. discbaega exs~u. etiec~ completn, comply vvfth and abdds by eacL and every the stipulaUon~. ~gteements, oonditions and covensnta of ~sid protruasor~r bote ated ot it~ mortgags~ - then ttus mortgage and ths est~te hereby crested ahall csa~e sad be aull auW vold . it is underetood that eacb ot the worda; "note," "nnortgsgor" and "raortgages" nepectlvely a~ the pmn- oum reterting Wereto. whether 1a tbs dngular or plural anywhere in this mortga~e. shall bs iingular ft ons onl~r and ahall be plural jointly and snverally, if more thaa aae. and shalt be maseuline. teminine aad/or aeuter, a1~ sver the context so implies or a,dmits. And aaid ]~ortgagor for himself and his heire. legal represeatstivea, auocesnors and aasigns, hereby oovsn• ants ana agrees to aad wlth said l[ort8a8ee. l~ia legai representativea~ suoceasors aad aasig~u: - i. To psy a11 aad aiagular the prtncipal aad fntereat a~W the vasloua and ~wndry sums of moneY Ps3?~le by virtva of aaid prumiesor~r note. and thi~ mortgage, e,cb aad evei'Y. P~PUY a~ tbs dayi respectively tbe aarns ~evarally becpma dae. 2 To pay all and aingnlar the taxea, .asaeasmenta, levies, liabllitEea„ obUgations and incumbrances oi every naWre and kind now on esid deacribed pmperly~ and/or that hereafter may ba lmpoaed, euttared. plaocd. levicd or asseaaed thereupoa, and/or that hereatter may be levied or assessed upon this mortgage and/or We indebted- neas secured hereby. each and every, when due and payable according to law. be[ore they become delinquent~ and betore any intereat attsches or any penalty ia incurred; and in so !ar as any thereoi is oi reoord the same ahe11 be prumptly satisfied and diacharged oi record and the ariginal of~cial docnment (auch aa, for instAnce. the tax receipt or the satisfaction paper ofHciatty endorsed or ceRitied) shatl be plsced in the hands oi said Mortgagee within ten days ne:t after payment; and jn the erent that aay thereof is not ao paid, sstisfkd and discharged. sstd Mortgagee msy at any time pay the same or anq part thereo! ar[thaut waivtng or affecting aay option. Uen, eqWiy or right nnder or by virtue of this mortgage. and the fall umaunt oi each aAC every auch payinent ahall be immediately due and. payabM and ahall bear interest from the dats thereo! until paid at the rste ot ten per ceatum per aanwn and together with such intereat ahall be ~ecured by the liea ot thi~ mortgage. • a. To place aad continuously keep on tve buildings noar or hereafter dinate on iaid laad !!rs and arlr?dstorm , inaurance in the uauai staadatd poUcy torm, In a aura not leae thaa s..._........~ j'riaxltlcluTri !n such com- pany or companiea as msy be appmved by eaid MoMgagea; and aU auch insurance pollciea on any pt eafd build- . inga, any fntereat therein or part thereol, in the aggregate su~n atoresaid or in excess tbereot. shall contain ths ' usual atandard mortgagee clause makfng the loas under said pollcies, each and every, ~?ayabls to said Hortga. i B~ as 1~1s interest may appear~ and each and every auch policy ahall be promptly deLvered to and heid by said Mortgagee; and~ not less than ten dsys in advance of the expimtion ot ta~ch poilcf, to dellver to asfd Mortgages a renewal thereof, togetJ?er with a nceipt for the premium of auct~ renawal; ~nd there ahall be no such inaur- ance placed on sny ot aald buildings, aay interest therein or part thereoi, wileas 1n the form and with the loas ~ payable as afareaaid; and in the event sny aum ot money becomea payable vnder such policy or polictes said Mortgagee shall have the option to receive and apply the same on accouat of the indebtedness aecured hereby or to permit esid Mortgagor to receive and uae It or any part thereot for other purposes without thereb}? walving or impalring soy equity, Uen or right under or by virtue of this mortgage: and in the event said Mortgagor ahall for any reaaon fail to keep the said premi~es ao insured. or fall to dellver promptly any ot aaid policies of Insurance to said Mortgagee. or lafl prnmptly to paq fuUy any premium theretos, or in any respect fail to per- ~ form, discharge. execute~ effect, complete. comply with and abide by this covensat, or any part hereot. said Mortg. agee msy place and psy for such insurance or any part thereof without waiviag or stfectlng aay option. li~n. eQuity or right under or by virtue o! thie mortgage, and the full apwwrt of each aad every such paytnent shaII be immediately due snd payable and ahsll bear intereat irom ~the date thereo! unW paid st tbs rats ot ten per oentuai per aoaum and t~ether wlth euch interqt ahall bs secund Dy the Hen ot tbi~ mortgaga 4. To permit, commit or sutter nu waste~ impairnient or deterbr~tioa of safA property or a~r part thereo! 6. To pay ail and stngular the cosb. chai8es and expenees. including nasonsb~e Lvryer'e lees and caat of - abstracts ot title, incurred or pald at any tfine by ~aid Hortgag~ee becwuse and/or in the e~ent oi tl~s tatlurs on the patt of the sald 3~Iortgagor to duly, prompqy and fully pertorm. di~charge~ execute, eftec~ epmpletq, . complr w1W and abide by eacb and every the sUpulatlona, a~reemeat~. oonditiot~s and oovenanb oi said promis- : iocY note. and tlNs mortgage, anp or dthar. and aa1Q co~ta, cl~az8e~ and ezPe~us~. ~ch and e~ar~?. ah~ll b~ tm- mediately dus aad Pa3?abte. whether or aot thers bs aotice. demaaQ. atte~npt to oWlact ~ su1~ pending: and tbs f~D amount ot each aad erery wch psyment shall bear int~est fro~m tLs d~t~ tLa+~oi uatll pald at tba rate a[ cea p.* ceaaim per aanuai: .aa au .sta oo.ts, eha*s~. aaa .a~p.ow .o fasurr«a aar p.f~ co,peb.e wlth wch lo- tenat~ aball br Meuivd b}? tb~ IMn c~ tJsf~ moetsa~, ' ~ ~ - ~ ~~Oi ~ i~ , ~ _ . _ ~ `~`~e~~+.i ~'~~~"_r :7 - ~~ia't..~~~.: