HomeMy WebLinkAbout2429 anJ shall duly, promptiy and fuUy g~rtorr.i, .Lseharg~, ex~~c~i.•~, r.+:.••t, cc~n:}~!et~~, :~ra;:plp a,~ a~~.`.4 b•, encti
and every the sUpulations, agreerr.enGc, co~z~i~t:o:~s aad co~en:i:~ts s~~c~ r•rc~:i:«: ~r5~ :1r•te nn~: r,° ;h~~ r.:oi•!,<;g~,
Wen this mortguge and Lhe estate her~hy cr~••ttrd shlll cti~:._e :~:~d :.c nu!1 an:ti :~~:,i.
It is understoad that each of the .:•~sds. "nute," "»ior.tiab~;:" uz:~! "n,ot~:g::,~N' r.s~ec_i~eIL rr.~ t:~e pron-
ouns referring thereto, whether in thc sii;3uinr nr plural an~^.vhPrc ~n thts inor.gage, shti:l be s:a~l!ar if ~ne c~nlr
and s?~all be plural jointly and severally, if ni: t:~<zn o.^.a. a:ld sli^!i be r.i~~:celinc, fe~zt.^.ir.~ ~:n~'c~r ti~~:ter, ~-:her-
e~~er the context so implies or admits.
And said Mortgagor for hirr.self e:::~ 2v~ i:?irs. zl r~:p;:.,~ilifl:i~•n::, ;;L•Cr.Tc=J2'S ._2•~ ~~i~;r._. ?~^reb_; co~•en-
ant~ ana ngrees to and with said Martgag~.:, liis I:; re~,r::~entative_:, ;u~ ::,~~s~.rs an.~i asasgrs:
1. To pay sll and singular the pr~~.c,pat ;,~~r. ~ ~L ^.nd th ~~•ari~::a an.1 s~~~dr': 9U:719 ni r.:oney payabie b;~
virtue oi said promissory note. and thi~ r.iazig:~;.•, ~act~ eve~y: pron~p'~_: ~z th~ da}•s =.:spect~vety tne ~srna
severaily become due.
~ 2. To pay all and singular th? t~._rs, ts>:._::=n<r+.s. 1N~~zrs, ii::t~iht[._s. ~i,lie.i:.o::s :~nd in~u:rhrances ~t e~:.ry
~ nature and kind now on said de_~cnDe:~ piop.v iy, ar..i +~~a' :2'if~A.~?CC n::-.}• Dc irl~,^.~~::~d, suife.-er:, ~.iared, ,ev:e~i
z or assessed the~eupon, andior thxt nerzaf.cr n:r:y !r~ ~~J a: a~_~~s:~.i u}::.~ti t;s:~ MIC:tK,~_~e r?nd!or the indebte3-
~ ness secured h~reby, each and e~•~~ry, ~~•hen ~::s:~ a:r' :~a• .iY.;e acc~=r.i~n~; ;o !a«•, LeEure they b~cnme delinquent,
; aild before any 3nteresi attaches or ,+nc r:ac~~,"y it:, ;;.c._~': ::i `,t~ r,: r:n}~ liier.:of i7 of cccor~ ±l:e sa'na
shall be prompUy satisfied sad d1s.:har;,•d c: r~•~er~~ an:! ihe o:~R:n:~t o;fc:~,a! ~in~~m.:nt r;uch as, for irstance,
the tax receipt or the satisfactGOn paper ati:c:x::y c: ior.~~d or ~~c:rt;(~r•±f s;znll l,a n:ac~d fn t}ie i~ands of ~aid
~ 1liortgagee within ten days next .:fte.- j.:aL'aE•i~L; 3.^.•s i? th? c•:e".: :l::.i :l:i':• thri-~~f Is n:~t ;J ~,:i~. Sati9ile? 2nd
discharged, said Mortgagee may at any ti~,:e p:e5~ ti:.~ ::~z~e or r_:~y :~arc trcr
~~~i ~-.-:ti:out ~cai~•mg or affec;ing
~ any opti~n, lien, equiLy or right und~r or b~~ of ?:es mort~;:.~;.. er.~i thr !u!I x:uvu.~: nf each a^d e~~ery
~ such puyment shall be imme3iatelp d::e r:ri~: r•~~•:^'e ~r.t si::a:l b::~r ia',•; •~t ir~re tne d::ce there+~f uniil paid
~ at the rate of ten per centutn per 3~2IIL't~? ~r._~ ±on:~t::••r ;~ich int~~,-~•:~. ~t:rili ..::urei hy tne licr. oi th.s
~ mortgage.
~
~ 3. To place and conUnuoasly i-r:-E~ ...t 1::::ic...._ ~:.,,ti :~__~•,~...>E~ . ~c:...~: fi,r an+1 :G~?.~s.~~i:n
~ ~ hi hest insurable
insurance in the usual standard pnl:cy f~.::r., 1 a~~.:in r:-t 1 g ..Wh~~~••^rn-
pany or comp: r.i.s as may be nppro~cd b~ t i' ;.,c h: . .cs c~ r.~« of ~rti:d b:nid-
~ ings. any interest therein or j~BiL thEiCOf. 21' E^.r ^ %:i~~_•=?la i•:i•_~_'~ itYr:'ru.°. 3~:.~;1 .'_01CA.::
y,;
usual s:andard mort,t.-agee clause ma4~n~ ~ + ' : •,i t , : ~r~-S e~-c ; a!~'-= = :i i 1<<'•~~~';t-
~ gee as his interesi may 2ppear, a.3ci ca~*. ~I . _ . .l. . . i . ~ ~ _u r= :~eh: s?:d
1liortgagee; and, not !ess than ten c:a•~s ~n .~i ~e r. ~~t t~~ c to s~ai i•:o: t.~:c c
~ a rene:vai inereoi. iuge[her with a r~c~•i,;t F . ~r : i 'i . ._I 7~ 'l: ;l:C~` :75L'~'
ance placed on any o( ~sid buildin~a. a~y . ,t . , . :r. : ~:•ar. ....r~ ~:..;c • t_. C.,. rn a:•d .c,.h '.::e ~"~a
payable tis aforesaid: ilII(~ lR tt1C Ct'P7It A~i)' r.~1:.1 i~C .'~P":~' :.C....:i': I'.~V~l~•~~ :~:Ct: DClii~_}' C[' ^C~~iC:.^g 53:1~
8 '
~ btort~agee sha11 have the option to r~c~s..,e ~~n~ :t:~ . . ~ , ~ :dcb_•:'_re~, : cur~~? he~eb:: or
~ Lo permit said 1+IortCa~or t~? mrci~•, ni .t :,r ~ • !,1 t •1., * f ~s t~~ ~r F ~c., .:ihaut :t<<,-et~~• ^•~n-i::s
or impairing any equity. lien or r.gh: ur, ,~,i hy tt:: . , : . r.~~ :..:d :.i~~rtg~ F`JI' S•~31I
~ for any rea3oa fai! to keep the saic! pren;--c•:' ao ir. .•r: i. :,r .,::i t:: ~3c':~ r~- ~c•iP;::.~ . f .-.-`.3 ~zol;~ies ot
insurance to sau3 1Tortgag~•e. or fait r>rr„ C~.• t.: r~~ ;~r :~2 r.~ . . • . , a1: , sa~, ,n --.~r_
fOT1T1. discharge. C%C;ute. effecL. con:j~~!ete.'Ci.''~ -.lv . P•t!: . " ~ 'hi3 i: •-nR~'-i11. _~Y:?i!': •.1-t, t;CC~~:rI~, :III i 1SOiC~;'
_ agee may place and pay for such in=ur~:nc.- er~~nz• z~: rt ih;:P~.t ,.•:ir:~u' ~..r,a~•~r.~r or affe~t::~~ ~:n~• ~n:ion. lien.
_ equity or nght under or by virtue u! this mor,~ag?. sr.,~ t:,:. =m:unt o_* e:~h ;~n~f r~zr}• se:~h ~ty~~~ent shall
, . :
be immediately due and payable and shali b: er ~n'. .~.t f: L~.. cl: t'r.£.n.,; ~.tr.';i a*_ `a~a ra:^ o` *_en ^er
_ centuTlf per 8nrturtl Snd together with ~nci; :nt~res?. s,!:_?1 h~ .>......~.i tT,. hr-~ ~f L'~t8 tnortg~;e.
- 4_ To permit, commit OI' suffer fl0 ::'~Si?. tllt~~'r..i::)ri+~ OT uCi `i'IAfAT'.O:i OI Fu.`~ d?'i j' O:' F.I;}~ ~.3T~ Lc`:Pf^Ot.
6. To pay all and sin~ular Uie co_*_a, c!~ark~~~ 8^~J :i. 'll~'ILICul r.:~ ~~at;e !a~.•:?r'a :ees aT3 cost of
tr~ nhatructs of title, incurred or paid at ~n, tlme by said ?.,~r~g::,~a te r.sse .:~~i~or ir. tI=.? eti•ert .~f uie fni2~:ro
on the part of the said -Mortgagor te drly, pro:r~:.l ~ an9 i~lly pericrm, ~lisch :rge, rscct;te, effect, complete,
comply with and abtde by each and e~ery tha stip:~i:~`_i~,ns, c:~reem~ats, condi'.i~iis r_n9 Ct?1'pRf'~.Lv of said p-o^zis-
eory note, and this mortgage, any or either, r:nd sail cos:s. ch6TatS A21:~ ex~.an:ee. e::•.h a::: ~~:er}~, ~hqIl be Ir=i-
mediately due and payable, whether or not ttere be not:ce, d~~,:~ar.d. s:lem~t to co;lect ~r sult per,ri~r.z: a.~d t_`~e
r:'' itill amount of each and every such pn_,~ment sh:t1 bear :ntere~t ficm iho ~.:ta ~!~e,ea! :~nt:l ~~~d 3t the rste of
ten per centum per annum; and ~1 M~i.i coets, c3~s~~;es snd c:}r~:i~ca so snc_:r.::d ~r pc.:d, to~c'.hec c~::n auch :n-
~w terest, ehall be eecured by the lien of Llils .:lo: tga~e.
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