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HomeMy WebLinkAbout0537 1. To pay alt and iinpular the principat a~d intareat and otkrr sums of mo~eey payable by virM~e of aaid promisaory note___ and tl~i~ daed, or ei~her. P?orxPt~y on tlae dayi reapectivety !be aame aevsrally become dus. t. To pay ali and aingular tl?s taxea, aaaeaamenta, I~viea, iiab~itiea, obti~ationa, arid enc~em~- brancea oJ every ~atxre on aaid deacribed property. eac11 a~d every, and ij the aame be not P~'~P~ ly paia~ tJ~ said Ddort~ayee~, ti+~*s, la~al repreientatives or aa+iQn~, at ax~ time pay the same without waivix~ or a»ectix~ tks option to ~arecloas or a~ty riyht l~erett»der. and every? Payment ao~made a1~aU bear intereit Jrom ths date lhereof at tha rnte o~_~*~* ~ cent. per a~a~?. J. To pay at1 and ringular the coita. clbaryea a~nd expenaea, inetudin~ Jawyer'~ feea, reaao~- ably incurred or pa.id at any time by aaid Mort~ayse~ t2~eir keira, Isgai rapreaentativu or asaigns, becau.ts of ths fa~ure on th~ part of the aaid Mortyagor~, tl~3r h~a, ~y~ repreaentatives or aaaiD+W ~ P~'f~b ~Pt1? aith and abids by eaeh and every tlae atipulatio~a, agreementa. conditiona and covananta of aaid prmniaaory not~ and this deal, or either. a~td svery such payment ahall bear inttreat from dats at the rats of per cent. per annum. 4. To keep tlu bu~dinga no~v or hereaf ter on aaid land insured in a aum not less than t1~].l ~rdlwe - noUara, in a eompany or campanisa ~ to be approved by aaid Mortgagee-, and tlu policy or policiea held by and paya.ble to said Mort- 9a9eE~-.their t,.~i, ~Dal representativea or asaigna, w~d in t11e even! any aum of mon,ey becomea payable tt»der suc11 policy or polieiea, the Mortyayee= , t.beir ~ra, legal repreaentatirosa or asaegna, aha~l havs tl~s aption to ~reeeive and I appIy the same on account of the indebtedneaa kereby a~cured or to permit t1~ Mortgagor_ to receive and ~erae it or any part tAereof for othsr purposea, ioithout thereby wairing or impairinp I any equity, lien or right under or by virtue of thia mortgage, and may plaee and PaY for aueh ~ ~I insuran.ce or any part thereof witlaout ~oaiviny or affeeting f.ke option to forecloaa or any right I here~under, and eacA and every auck paymant ilaall bear intereat jrom date at the rate of ~ ~ per cent. per annum. - i ~ I ~ 5. To permit, commit or auf f er ~no waate, im~airmcnt or detereoration of said property. or any ; part thereof. ~ ! 6. To perform, eompty with, and abida by each and every tlu stipulationa, ayreement~, con- ~ ~ j ditions and eovenanta in said promiasory nota_, and in thia deed aet f orth. ~ ~ 7'. If c~aey of aaid suma of mar~y herain referred to be not promptly and fully paid within 1 ~ya nest after ths same aeveraUy become dus and payabk, or if ~aeh and every the ~ ` 8ti~ulatio»a, agreementa, conditiona and eovenants o~ said promiaaory note and thia deed, or R eitlier, are not fully perjormed, compiied with and a.bided by, the aaid aD9+'s9at~e sum mentioned ~ ~ ~ in aaid grromisaory note_ shaA become dus a~?sd payable f orthwith or thereaf ter at tl~ option oj , the Mortpagee~, hPirs, ia~al rtpresenta.tivea or aaaigna, aa fuUy and compktely ~ ~ ~ i aa if the aaid aggre~ate sum of ~?Uara were ~ originalIy atipulated to be paid an auch day, anything in said promiasory rwte_ or herein to ths ~ I ~ ~ contrary ~wtwithatandi~ty. ~ ~ _ , IN WITNESS WHEREOF. the aaid Mortgaqorl, hereunto a~t~ ~ ~ ~r ha.nd~and aeal3-the day and year firat above j ~ ? ; Sig ,:ealed a~nd d~liver~d in preaencs of ~a: l (Seat) ~ , ' . . ari . ~ . , as Tsvstee ~ ~ i c ~ v~ ~ ``c~? ',w ~ (Seal) ~ ~ ~ J~t x. Mcco11~ ~ i ~ ~ /~ir /~cJrlnu~~N fv~~m~rr-~l l~1'. , ; ~ _ ` D R ~ ' - - ~ 1~/~/r~xc ~ i , _ ~ : _ F..iniJJ1 ~ . ~ a~' ~ ~ 3„ ~ .,,s.-~M, -~c~x.a~; a- .