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HomeMy WebLinkAbout0639 • _ t` ' _ ~ _-_..1,..."~~..-*~ ~ - - - - - _ ~ ~ _ _ , ~ • - - - - _ _ ~1 '~I ~ ~ ~ _;r~ini,r. : ~r ~ ~ 1 ' . •ti ~ l'' '~'i1'y.. . ' .:~:.t1y ar 3 . i'. r~t!'.•f: ~ P:.\' , i, ~r . . ~ ? ' , 1 . : ~ --T~nt.I.Af'S, il ~ . , . . : ~ ~ .•r . :t ,•h~•r _ t, . . . ~ . :d~•: ~ . ~ . . .:7=..i~q i~ . ~ . w t. ~ It..tl~ :1~ ~ C~~ I,.l:• ,1 . j . r ~ :t. ' ~ . ~~~J.c! ~ . . . ~ui _~r`: , , ...,.i i: . rr: ~l~..li bc a~• n:~ ; ;-~y . ii . c,. .1 11 ~ . ~ . , . • , . . - i ~ - ~ ~ , - - - - i~ • . : _ i . ~ . . : ' ~ i i~ . ' . . . . , . . . _ . . ~i _ _ . . . . . . . . . 1.~. ~ . . ~ ~ . . - ' . . . . _ . . ~ . , ~ ~ ~ ~ ~ . ' ~ . A~ - ~ ~ . • . . t. . . ~ . . . , -'ti~. . ~ I . ~ ~ ~ . ~ a . . ~ . . • _ ~ . . . ~r . r.. . 1 ~ ~ . , . . . . ~ . . ~ . ~11 j . . • . ~ . . . . 1'r. . r , , - . , t . ~ ~ . ..n .~.e. . I . , . ~ ~ . ~ • . : , i ,u~ ~ ~ . . - . ~ 1 ,f ~ ~ . . . ~ . t . ~ . ~ . ~ . . . . , . :i . . . ~ . . . . ~ . . ~ 1 n t ~ . . . . _ \ . . ~ ~ . . , ..~w4r . .1 . ~ . . ~ • ~ ~ . ~ . . . s• < ' : - ' . 13 ~ z , ` ~I - ~i -r . - . . '~oric ~~~r, i~ ~~7~ ~ . . . 1 . ~ ..:t . . _''r' ~ ' n ~ ~ ~ . } ( } ~ - _ 1 . _ •l \ ~ ~ -~.__r..~ _ _ . _':r ~l ~ l`' 1' r_-~.tie..ti 'A cre~ ~ ~ ~ `Ij - ; c f: ~s. ~ ) t.__ ~ ~£A1. ~1 ti . • ' . _Iti r~ . tiF.r~.: ~j . - - ' ~ ~ _ ~ _ ~'~`'f _ _ ,r_`.'_.~^~ ~r.rrw..:r~.~-: -~-.~r'1~~~"-~11 and shall duly. prompUy and fully perform, discharge, execute, effect, completp, comply wtth and abide by each and er•ery the stipula[ions, agreements, conditions and covenants of said prom~saory note and of thia mortgage. then thia mortgage and the estate hereby created shaU cease and De null ana void. It is understood that each of the words. "note." "mortgagor" and "mortgagee" respectively and the pron- ouns referring thereto. whether~in the singular or plural anywhere in thle mortgage. ahali be singular if one only and shall be plural jointly and severally, it more than one, and shall be masculine, feminine and/or neuter. wher- ever the oontext so implies or admits. And said Mortgagor for himsel[ and his heirs, legal representatives, successora end assigns, hereby covea- ants ana agrees to and with eaid Mortgagee. his legal representatives, successora and asaigns: 1. To pay all and singular the principal and interest and the various and aundry aums of money payable by _ virtue ot said promissory note, and this mortgage, each and every. pmmptly on the days respectively the same severally become due. ! 2. To pay all and singvlar the tsuces, assessments, levies, liabilities, obliRations and incumbrances of every ; nature and kind now on sa.id descnbed property, and/or that hereafter may be tmposed, auffered. placed, levied e or assessed thereupon, and/or that hereatter may be levied or assessed upon this mortgage and/or the indebted- ~ ness secured hereby~ each and every, when due and payable according to law. before they become delinquent, t and before any interest attaches or any penalty is incurred; and in so far as any thereof is o[ record the same ~ sha11 be prompily satisfied and discharged ot record nnd the onRinat official document (such a~, for instance. g ;he tax receipt or the satistaction paper officially enciorsed or certifiedl shall be placed in the hands of said Mortgagee within ten days next after payment; and in the event that any thereot is not so paid, satisfied and ~ discharged, said I?iortgagee may at any time pay the same or any part thereot v~-ithout wai~~ng or affecting ~ any opii~n, lien, equity or right ander or bp ~•irtuP of this mortgage, and the full amount of each and every ~ such payment shall be immediately due and payable and shali bear interest from the date thereof until paid ~ at the rate of ten per centurn per annum and to~ether w~th such interest shali be secured by the lien of thia ~ mortgage. ~ 3. To place and continuously kePp on the buildin~s now or hereafter aituate on said land tire and windstorm ~ insurance 3n the usual standard policy form, in a sum not less than i...---- ~n such com- : pany or comp^aies as may be approved by s.~ti~l 1?tort~a~ce: an~1 s?11 such insurance policies on any ot said build- ~ ings, any interest therein or part thereof, in the aR~reRate sum aforesaid or in excess thereof, shall contain the ~ usual standard mort~agee clause makin~; the l+~~s ur.~i~r said poticies, each and every, payable to said 111ortga- ~ gee as his interest may appear, and each ar.d e~•er~• su~•h Ex?licy shall be promptly delivered to and held by said I?iortgagee; and, not less than ten davs in ad~~an~e of the expiration of each policy, to deliver to snid btortgagee ~ a rene~val thereof, toRether Kith a receipt t~r the prPmium nf ai~~h renewnl: and there shall be no such insur- ~ ance piaced on any ot ~aid buildinRs, any interest thercin or part thereof, unless in the form and with the loss ~ pa~able as aforesaid: and in the e~•Pnt any sum of money becomes payable under such policy or policies said ~ biort~agee shall ha~~e the option to recei~~e and apply the same on account oi the indebtednes~ secured hereby or to permit said MortgaFor to receive and use it or any part thereof for other purposes without thereby waiving or impairing any equity, lien or ri~ht under or by virtue of t}iis mortgage: and in the event said Mortgagor shall for any renso~ tail io keep the said premis~s so in~ur~d, or fail to deliver promptly any of said policie~ of insurance to said rLortgaRee, nr fail promptly to p~y f~~lly any premium therefor, or in any re~pect tail lo per- form, dischar~e, execute, eftect, complete, comply «-ith and abide by this covenant, or any part hereot, 9aid I?tortg- z, agee may place and pay tor si~ch inaurance or any part therenf without v~aiving or atfeciing aay option, lien, equity or right under or by virtue ot this mori~age, and the tull amount ot each and every auch payment shall i LL' be immediately due and pa)•able nnd shall bear intPrest from the date thereof untll paid at the rate of ten per = centum per annum and together with such interest shall be aecured by the lien ot thle mortgage. ~i; 4. To permlt, commit or sufter no w•aste, impairment or deterioraUon of said property or any part thereot. ,~3 ~ y 6. To pay all and singular the costs, charges and expense9, including reasonable lawyer'e fees and coat ot abstracts ot title, incurred or paid at any time by sald 1?tortgagee because and/or in the event ot the failure ~ on the part ot the said ~rfgaRor to duly, promptly and fully perform, discharge, execute, effect. complete~ ~ comply vviih and abide by each and every the stipulation~, agreementa, conditlon~ and covenante of said promis- eory note, end thi~ mortgage, any oc either, and sald costs, charges and expennea, each and every, ahall be fm- i= mediately due and payable, whether or not there be notice, demand, attempt to collect or ault pend(ng: and the full amount of each and every auch pavment shall bear interest trom tha date thereot unttl paid at the rate o! ~ ten per centum per annum; and all eaid costa, charges snd espenses so fncurned or paid. together with euch in- ~ tere~t, shall be secured by the tlen of Wa mortgage. ~ ~ ~ SGOR P,i~~ LJ~~7 X~ . ~ ; ~1_~ _ . - ~ r :