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Home My WebLink About1390 1 li I' ~I ~ ~i I~ ' ~ +I i ~ ~ I I ~ ~ I j~ I~ ~ ~ , i ~ ; ; ~i ! j , i~~ a~~d shall per(orm. co?nply u~itf~ a~+d ~6i~le 6y i>ac{~ nnd ererv Il~e slipululions. u~rn~m~•nt.. cor:diliuns arid coi~e- ?~un1s o/ suicl promissory nol~~-- ~uid a( this cIPMI. I~P11 Ihis deecl an~l the estate Il~ere~~y i~reul~~d .I~u11 ~~e~se a~id ~ I i f,e nu~~ anc~ t•oit~: ~ i ~ i. Tlie ~Iort~ayor li~rpl~y corenants arul agrees: ( i I (a) 7~o pay al~ ancl singular fj~~ ~rincipa~ onr~ in~er~st and !he various nncl sundry sums oJ money pny- ~ i l ~ a61e ~~y i~iriue o~ the a6oi•e descri6ed promissory note...._., and tlris morlgage, anc~ m~y a~ic~ aII rnneu•aIs o/ ~ tlie same, or any part tliereof, and also any and aII olher loans and~lor adi~dnrrmenfs yri~ich may Ze ntadp ~ 6y 1~Io.tyay~•~ to i~tort~agor, prompljy on t~~e c~ays resr~eclii~ely t{~~ same serernllv berome due. I~ To pay ~II and sint~ulttr d~e taxes. assessments. leries, lia6il'ities, obliJatior~s nrzcl encumbrances oJ enery ria[ure, on saic~ crescri~ec~ property eac~e an<< erery. onc~ i~ t{ie snme f~i> ~~oi ~.~mn~ly ~a~d t~~e Mort- i i,~ i c~ngee nt~y ut any time pay I~ie same u~ill~o~d waiving or aJJecliny tlie option lo ~or~cjose or an~ rin~~t ~er~- t~nc~rr anc~ ~i~er}• papn+~nt so mnd~ shnU benr inf~~r~sl ~rom t~~e c~nte i{~ereo~ at 1~~~ raf~~ oJ..~.~SJ~l.~..._....per ~ : ,;i ~ r~nlum per unnum. I~ ; i (c) To pay aU nntl singular ihe costs, c{~arges arid erpenses, inchi~in~ Iaa~yer's (~~~s and abstr~c! c-osts ~ ~ masonnl~~y incurrec~ or paiJ at any time by the i'~lortgnc~ee because oJ f~~e Jai~ure on f~~e pnrt o~ tf~e Mort- ~ ~ ga{~ur lo per~orm, comp~y toith anel a~fcle ~~y eac~ ancr e~~en thP stip«~ations, ac~m~~nt~nfs, conailions ane~ ;~~I ; corenants o( said indebtedness and saicl promisso -ry note_._._. ani~ tliis deed, or eitF~er, and eren such pay- ~ ~ ' i~ ! ment s{tall ~ear interest Jrom t~ale ~f t~e rate o~..B1.Q$t_._..... . p.~r centum pc~r ar~~etin~. ` ~ (d). To ~ee he buil linps now or herea(ter o?i said ~and insure~( agninst Ioss Lv /;re in a sum not less ~ highest ir~sura~i~e va~.ue h~' h st insurable value E tl~un and against Ioss 6y ininc~storm in a sum not lcgs tp/inn 5.-.-- tn i~ ~ • a compnny ur compani~•s ni~ceptal?(i~ to tlie tilortgaget• nnel tl~~ policy o? poIICIPS S~IGJI h~l~ ant/ paIya{~lc~ to ~ ~~P `~Ol~f~Q9PP. ~Il ~'Ip PI'PI11 QII1 5[l41 O1 ~t10fIPP ~)PCOIIIPS ~Q)'I1~~P !!li/~Pl SUf~I pU~ll'y or policies, ~l1B I,~U~~ ~ ~ c~ac~e~~ s1~a11 l+ar<~ tlie optior? to remii•p and cipply t{u~ sami~ on a~-~o~u~t oJ th~ inde6t~~dn~ss I~ere6~ secure~d. + or fu permil fl~e ~Iorlgac~~?r to rec~i~~e anc~ us~ if or an~• parl I~~ere~u) ~or ul~u~r purpocrs. inif~~out l~er~~~~~• I!! j traii~ing or impaiting m~y equify. ~ien or rir~I~l unc~~~r or ~~y t~ir/u~ o~ t~~is cj~t~c/, an~ f~~ ~1otr~QA~~ mny p~ac~e~ ~ j untl pac ~nr such insuranm or any parf f~~vrno~ u~i!{~ou~ re~airin~l or a~j~cfing t~~r oplion to furnclose or iuey i;! ~ right hereunder, nnd eacl~ and e~~en su~{i puymPnt sha11 b~ar interest (rum clqfe nt Ilie ra1~ o/ eight ~ I per centum per annum. ~`i ~ (e) ro permif, commit or su~~er no u~ast~. impairmenl or c~el~rioralion o~ sai~~ prop~rly or any pa?i ~ ' l~e~eo~- , ,i ~ ~ ~ That i~ any of saicl su~ns o money herein re~erred to be nol prompfly and Jully pnid wil{~in__3.0.~__. ;i ~ ~ays n~xt after the same se~~~rul~y becomes due and paya6le, or if eac1~ ancl every t?ie sfipulations. agree- ~ ments. conditions and coi~~nants of saicl promissory note and this cleed. or eilF~er, are not ~ully per(ormed. complied u~ith and abidPd 6p, the saic~ aggre~ale sum r?tPnlion~cl in said promissory nole, and any reneural ~;j i tleereof, ai~d all inde6te~rn~~ss )rom ~'lortgagor to ~'Iortgrtc~~v, sl~all 6en-omP ~Iue ancl payaf?~e ~orthu~itl~, or fherea~ter af t~~e oplion oj t~~e ,~~ortgagee as ~u~ly an~~ comp~~t~~y as ij f~~e saic~ a~cpegafe sum of saicl in- ~ clB6tBC~nesc anc{ sai~~ promissory riofe was oriyinnlly s(ip[i~al~c~ to ~~e pnicl on sucti c~a~•. anyfleinq in saitj i promissory note or herein !o f{~~ conlrary reofwif{~sfandinq. I (c~) That in o~er to acce~ernte (~e matwity o~ the incl~6t~dnASS Jarr~h} secr~r~cl, b~cuf~se o~ Ilie fail- I~ i ure o~ the .~/ortgagor to pay any lax, assessment, ~ia~~i~ily, o~,~i~nlion or encum~,rance upon sai~ properfy, ! as herein provi~ec~, it sha~~ not 6e necessary nor requisile ll~~t the Mortgaqee sl~all f irct pay i~p same. ji (l~) To pPrJorm. compl~ u•ith and abide by eac{i ~nd r~~~?y ?he stip~dations, agrv~mer~ts, conditions and ~ii ~ co~~enanls in saic~ promisso?y nofr anc~ in t~is crPCC~ set forf~~. ; il ~ 2. T{~e lien {~ereoJ s1+aQ exle~itr lo antr inc~ucle the use. renfs, and pro(its o~ snicl premises, hul II~e ;~/ortfluqor ~I ~ s~a~~ ~n~~e i{~e ri~{~f fo remaen in poss~s~ion of sni~ prnmises an~~ c•?~jo~ tf~e u;r, an~j to re~eir~~ fj~~ r~nfs anrt pro~i[s Iltereo~, u~il~out ncce~u~tiru~ to t/~~ .~Iorfya~l~'e tlu•r~~or. sn lun~ oc t~~er~ s~i~~~ ~~e no c~c~fR~,lr 1t~r~urt~I~r. prot•i~~~rl I) ~ 1F~at in lhe et~ent oJ anp sucl~ ~I~fnult h~m~uuler jor a peri~ oJ._..30._........c~ar•s. t~~~ ,'~lort~tcigeP s~~ul~ h~ pnlit~ed to ~ t~ie possession an~~ use o~ saicj morlcia~~d pmmises, ancr to recf~it•~ anc~ a~~~~(~• I~e~~ ~i~•! r~nfs unr~ proJils t{~ereo~. , uport ancl tote~ar~l tl~~• pa~m~~nt o~ ilir inrlv6fec~ness tiPr~6y srcure~l ' ~f i ii t ~~~K ~~~r ~.39U ~ ~ , . . „~,r R . • _ - - - . - _ ~ . 5 ' ~ ~r ~ ~ ~`~~~i~ 't~'~' ~lt"~ .._"R.~' ~ v~- k.