HomeMy WebLinkAbout2545 premises during the life of the mortgage, then this mortgage shall,at
the option of t~e Mortgagee herein, its successors or assigns,become
;
immediately due and payable for the full sum of the principaZ balance
and interest then due.
Mortgagors agree to furnish on or about April lst of each year eviden e
that the real estate taxes have been paid.
1. To pay ali and aingular the pri~wipat at~d i~?stareat and other aums oJ money payable by
virtue oj said promiaaory »ote_ and thia deed, or either, promptly an the days reap,eetiv~Iy tlls
same severally beeome due. ;
To pay citl and singular the texes, aaseaamenta~ levies, liabs~itiea~ obligatio~.t, a~sd e»eu»i- ;
branees of every nature on aaid deaeribed
property. each and every. and if the same be ~tot promp~
ly paid the saicl Mortpayee its/SUCCess rs ~y ~ any
.~legal repreaentativea or aa '
time pay the same without waivin~ or aJfectiny the option to foreeloae or any riDht hereunder,
and every payment ao made ahau bear intereat Jrom the date thereof at the rnte of~II~.per
cent, per ~mtx~m~month.
s. To pay a11 and singutar the coata, chargea and expEnses, ineluding iawyer"a ~eea, teaao»-
abi incurred or successors
y paid at any time by aaid Mortgagee_, i ts / ~~.r iegal repreaentativei
or assigns, beeause of the ja~ure on tAs part oJ the aaid Mort~agor~, h-~ ~eera, iegui
repreaentatiuea or asaigr~a to perforn?, eomp~y ~oith and abide by each and every the atipulationa,
agree~nenta, eonditicrna and covenant,a of 8aid promiasory note cersd this deed, or either. a»d
every such payment ahall bear intcrest from duts at the rate of ~nP per cent. per~txtmt. month
i
~ To keep the buildinga now or hereo.f
ter on aaid land ins~cred in a aum not leaa tlian
~ _ the fLi 1 insurabl ~ value in a eompany or companiea
~ to be approved by said Mortgagee-, and the policy or policiea held by and payable to aaid Mort-
9a9ee-~-, ; s G~ P~sn G legal repreaentativea or assigtss, and in the event
. any sum of money becomea payable u»der auch policy or polici.ea, the Mortgagee_., its
successors x~x jegal repreaent,a.tivea or aasigna, aha11 have the option to raeeive and
appiy the same on aceount of the indebtedneaa hereby $eeured ar to permit the Mortgagor to
reeeive and use it or any part thereof jor othtr purpoaes, without thereby waivin~ or impairinp .
any equity, lien or right under or by virtue of this mortgage, and may place and pay for such
, ~nsurance or any part thereof without ~oai»ing or affeeting the ap:
~n to foreclose or any right .
hereunder, and each a»d every~ aueh payment ~lkali bea.r intereat from 3ate at the rate of ~n~
per eent, per xA~t month.
5. To permit, commit or sufjer no waate, im~airment or deterioration of said property, or any
part thereof.
6. To perjorm. comply with, and abide by each and every the atspulattiores, agreements, co~
dittions and covenanta in said 1rromissory not~-, and in this deed set f
orth.
7. If any of said sums of »wney herein referred to be rwt promptly arui fuUy paid within
30 s next after the same severall beeome due and
1! Y payable, or if each and every the
stipzelations, agreementa, condtitivna and eovenants o~ said promissory note and tltia deed, or
either, are not fully performed, complied with ared abeded by, the said aggregate st~m mentianed
'in said promissory note_ shaU become due a~ed pa.yabie f
orth.with or thereaf
ter at the aption of
the Mortgagee^, ,_.~,/~„r~°saa~~ legal representa.tives or assegns, aa fuAy and eompleteiy
! as if the said aggregate sum of SIX THOUSAND---------------------- ~~.a
originaliy stipulated to be paid on such day, ar?ything in saui ~romiasory note_ or herein to tha
contrary ~wtwithstanding.
IN WITNESS WHEREOF. the said Mortgagor
S have h.o,.¢~nto $et their
ha.nd S rtnd sea~l
S t day and year firat above written.
I tg , e deli d in presenee of us:1 7~~~w ~~~-Q-~~ (,Seai)
I RILLIAM D. MEIER
- 2.-~Lc ~_c.c.i v • ~C4.~.~ ~S~~
PATRICIA H. I R , y
~ Ii~., /?tUr~ ~i~i7 /~q~~~
+ Q ~ i ~~r
~ ~s p~re~ared tSy;
~ .1,/,/r%c~ JOHN P. BOND a~C" , f'A~f ~J~~ ~
30 Girafda AvEnue
r`,~~~c, fi~a. _
9h!"~~ , s
~ '~y i Z
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