HomeMy WebLinkAbout1055 r
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j. TOpa~ Au ~ ii~l~f1j11t lWAl OJ /1W/1f~? ~OWf 1?{tpif OJ itl~
Lease and Guaranty
; ~w~cx~t_. and dlia d~ed. or eitJkr, PranPelr oa elu doy~ rapectiodp ths ~ns seaeroDp ba~coms dw.
~ 1'o pop oR a~d atna~lar tbs t~ca, oue+s~ntnts. leviu. liobilit+ea, obliaoaoa+. and ancwn6ranoes o/ tver'r
~ eawrs on said ducribed propar~j?. sock o~d toarp. mid ~ tlis smne bs not promPdr Psid dis aoid 1Yortaasa~e_..,
its successorsy
~ ---~-___r___ o. o~ua~,. ~ ~r a~. ~ ~ ~ ~ ~ a ej/.~
j i~ tJ~s optiow to /oredote or aep riaht Irsrew~dar,
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3. To pay e1l and rin6rJw tl~s costt, cl~rae+ m~d acPenx+. i~cl~du~6 ~7'~~ /~s• ~~"O~7' inairrad or
its successo
; peid ot anr tiins br said Mort6ad~'e-. °T ~6~+'
' ars n~ t1~e pore oj ~lke mid ~[ortaa6or._, his l~s, ~~p~ a~s6~+ ~ Ppl°~•
oomplj? witA w~d o6ide bp eacb and easry? t]ie itipwla~io~+a, a6rcemsnh, eonditions and cooeea~la o/ taid ~
Lease and Guaranty 10
? ~ w~d dlis doed, or aitber, ond evsrp snc~ papnaent ~hail bear interest f
ran d~ts at tl`s nts o/
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i pss ane. psr
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~ 4. To Ia~sp the br~i/din~s now or 1~asa/tar ow aaid 1a~d ins~red in s atun not les~ dlim~ amnunt
required bv Mortt~a~ee ~ ia s ~aap~? or eanpwais+
to be appro~ed br aaid Nort6aaee~~ a~d tlle pdier or po~icies hdd bp and porablt to said Mortaasa~.._.
' its successors er os~i6n~~ m~d in the event mh? srrat o/ ino~er ba -
~ o ~
eon~at parable wider ~ch pdiry or policits. ibe Mo~tda6eQ-. its 1.ri.,, j~ rep~e~entoavp
or as~i~s, shaq hava dre opdon to reaive mid applr the sume on ooeowit of the indebtedn~a~ lura6r aa~red or
fo permit tlat Mortsoaor to reoeiva a~d we it or anr part thereo/ /or otber ~wrposet, witho~t tlu~by ~+oi~
' os impoi~i~ an~? aqr~it~?, lien or riaGt xnder or br viatue oj thia nwrtaaae, and e+ap P~~ ~ P~7' fo? wdk
' iaturancs or a~ port tbeseo/ witl~ot~t ~oaivi~t~ or sI
f
a~+ii+8 tht oppon to /o~ecloae or asr riabt herandu, m~d
' each oad enary wd~ pormant thall beat iateraat /ront da~e ot the rete o/~.per oent. pti aru~wn.
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~ S. To pennit, commit or s~//e~ no wate, impairmu~t or detsrioration o/ said propertr, or anr part tlureo/. :
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~ 6. To perform, comPl with, and abidt br oock aad every the ~tipnlationa. aareemenu. conditiona arid cove-
~ Lease an~ GuarantY
~ na~ets in aaid~prw~t~~-. and ~ tlwa desd ses /ort1E.
~ 7. 1/ any oJ said strms oj monep lure~in referrod to be no~ proraptlp a+d ~ paid +uitliin five
next afrer t1~e amne ssoe~sUr 6soume dae aad porabls. or i/ eacA a~d eoery the stipr~a~tions, a~roanenta. conditions .
Lea~e and Guaranty
ad oouer~antt o/ aaid~powlir~po~iOr a~d tlkis dcad, or titha, are" not /~J17' Pa/ormad. eaapt~ ~oi~flk aad ~
; all sums due under safd Lease and Guaranty , s
~ abided br, tlidl beeorne due Qnd porabte fort~witA
i its successors -
; or tknea
f
ter ot ehe option o/ tAe 11[ort6a6ce--, ~j6~+• ~~r
a~d canpktelr as i/ t7ie said ag~esate ~ sums
Lease and Guaran y
~ ; ~ wer~ ori~ina~y stipulat~d to be paid on such d~, s~~thin~ M said or ~an to tbs
~ ` oontrary rwaoitlasta~dix~.
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' has L~rewuo set his ~,q~j
~ ; IN 1/ITNESS pBEREOF, the said Mort6ago~_., ,
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~ ~ 7ilfi~if~ ~t dar mtd tor ~iutt abooe writttn. g
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~ JAMES H. MENDEL, JR. , M.~;•~•,
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~ ~ S , scded aad d od in psesenca o/ xt: -
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