HomeMy WebLinkAbout0495 1. To pay aU a~ed iin~ular the pri~soipal a~d i»tereat a~ed other auma of money payabk b~?
virtua of aaid promisaory ~?ote_ and tllia dsed. or either. Pro'?r~Ptly on the daya reapectively tlls
aame aeveraUy beu»ne dtte.
t. To pay aU and aingutar the taacea, aaaesamenta, lsviea, licb~itiea, obiipatio~t, and enown-
brancea o~ every raature on said deacribed property. each and every, and iJ the aame be ~ot prompt~
ly paid t~ said ~tortya~ee_, hi e ~eers, l~eDa~ r~preaeritaNves or as+i~~, ~uy? at ariY
time pay tha aame without waivi~t~ or af~ectiu0 tl~ option to forsclots or any ri~l~t hesau~der,
and every? pay»~ent ao made ahaU bear intereat ~rom ths data thereoj at ths rat~s oj ten ~
cent. per aaatwn.
s. To pay ati and ain9utar the coats, eharysa arui expenasa, includiny iawyer'i fsei, reaao~-
ably incta~red or paid at anz tima by aaid Mort~agae-, h i a k~ra, i~gpi repreaentativea
or aaaigna, becauss of the fa~ure on the part of ths aaid Mortyagor~ is~al
repreaentativea or aaaipns to perfor?n, eompiy with a~ed abide by each and every t1M atipxlationa,
agreements, conditiona a»d covenanta of aaid promisaory not~ and thia deed, or either. and
sver~/ s:cch payment sha~l bear intereat from date at the rate ofsen._ per ccnt. per ~xta~
To keep tTie bu~dix~a now or hereajter on aaid Jand ina~a~ed in a sum +wt leaa than
High et Ine rabl~ Value of Prooertv n~a, in a company or companiei
to be approved by aaid Mortgagee_., and tlte poIicy or poltciea held by a~d payab~ to aaid Mort-
9a9?ee-j-, hi a ~'a, leyal repreaentativea or asaiQ~?aa, and in ths event
any aum of money becomea payabls tcnder such policy or policiea, tJis MortyaDea-.
hie heira, Isgai repreaentatitiea or aaaigna, ahati have the option to reeeive and
apply the same on account of the ind~ebted»aaa kereby s~cured or to permit tha Mortgagor~ to
receive and uae it ar any part thereof fa.• other purposes, without tl~.ereby waivin~ or impairiny
any e4'~Y, iien or right u~der or by viriu~ of thia mortgage, and may place axd P~+Y for aucb
irisurance or any part thereof without :oaiving or affecCing tlte opSio~e to forecloae or any ri~ht ;
heresasder, and each and every auek payment ahali bear intereat from da#e at tlu rats of ten
per cenk per annum.
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~ 5. To permit, commit or atcf
fer no waate, impairment or deterioration of aaid property. os any
paf't tlaereof.
6. To perform, comply with, and abide by each and every the atipulatio~~a, agreemerata, eon~
ditiona and eovena.nts in aaid promissory note~, and in tlaia deed aet forth.
7. If any of said sums of money herein referred to bs not promptly aa~d fuliy paid tvitl~.in
;
fifteen ,~,.ys next after the same aeva+nAy become due and payabie, or if ~ach and evary the ~
~
;
atipulationa, agr~ementa, conditiona ared covenanta of aaid promiaaory not~ and thia deed, or ;
either, are not juily performed. eomPiied with and abided by, ths aaid ugrpreeata secm mentio~ud
in said promissory note_ shaA beeome dua and payabie forthwith. or thereafter a# tlu option of
the Mortgagee_, h19 ~rs, lepai representativea or asaigna, aa fuiiy and eomP~~Y
as if the aaid aggregata sum of F1 fteen H red S f xt -tMO and 86 100 ,~~.a
origina~Uy atipuiated to be paid on ' day, anything in said promissory note_ or herein to the ;
contrary not-tofthata~din~.
~
~ IN WITNESS WHEREOF. the aaid Mortgagor
a, e t~~.~ 8at the ir ~
hand s nnd seai. ~
the day and year firat above
i °
Sig , aealed a d'vered in presenea of us: ~ ~ ` ,yU (Seal) i
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y~L S01.Ot)l-
! li~i In~lnu~ii
nl ~?~rFarr~~l l~?,. ~ Q Y~ 3d-6~f.1~ 1M~*. As. 33:]~
.~1 ~lr/n cs , 60Q~ F~~~ 1'A6f 495
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