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HomeMy WebLinkAbout1075 , ' ~ ~ . ~ " 1. To pay all and ainQtaar tlae princepal at~d itttereat and otker auma oj money payable by virtue oj said promisaory note- and thi~ deed. or eithar. promptly on ths dayi reapectiveiy tlke aame aeverally become due. 'i k~ } , . . 8. To pay all and aingular tlrs taxsa, aaaeaa»~enta. leviea, lia~itiea, obtipat~io~a, and enctaK- brancea of every/ na~ture on aaid deacribed property. cach and every. and if ths aame be uot prompt~ ~ . ly paid the said Mort~ayse~, their ke~y, ieyai repreaentatives or aa+iprat, at ariY time pay the same without waivitt~ or afleetWSp the optian to fordetose or any riplat ltereunder. and every payment ao made ahaii bear intereat Jrom tlu date thereof at tlu rate of_$-per ce~tt. per annum. 1. To pay a11 and ainyular the coata, cAargea and expensea, including ~awyer'a feea, reaaon- ~ abl~ incurred or gw,id at any time by said Mortgagee~, the ir h~~, l~~ ~presentativea or asaigns. beeat~se of the fas~ure an the part o~ the aaid Mortgagor_., his 1.~~, ~y~, ' repreaentativea or assigna to P~'f~, ~PZY with and abide eaeh and ever7/ ths atipulations, agreementa, eonditions and covenants of said promiaaory note_ ond thia deed, or either. and every/ such payment shaA bear interest from dats at the rate of per eent. per annum. } ~ To keep the bu~dings now or hereaJter on said tand inaured in a sum xot leas tha»~ Ninety-Six Thousand Seven Hundred Fifty noUara, in a company or companiea to be approved by said Mortgagee S, and tht policy or poiiciea held by and payable to 8aid Mort- gagee S, their k~a, ieyal repreaenta~tivea or asaigns, and in ths enent any aicm of moreey becomea payable under auch pdicy or poliei.ea, tlae Mortgage~, ' their l~.~ra le ai r " , 9 gP~'eaenta~tivea or aaaigna, ahaB havs tDi~e aption to reeeive and apply the same on aceaunt of the indebtedneaa hereby seeured or to permit the Mortgugor_ to receive and uae it or any part thereof for other purposea, ioithout thereby waiving or impairing any equity, lien or right under or by »irtua of thia mortpage, and may place and pa~/ for aueh insurance or any ~a.rt thereof urithoict waiving or afJecting the option to joreclose or any right ~ I hereunder, and each and every aueh payment shall bear interest from date at the rate of 8 ~ $ per cent. per annum. ~ - ~ ~ 5. To permit, eornmit or suffer no waate, im~airment or deterioration of said praperty. or any ! ~ part thereof. ~ ~ i ~ 6. To perform, comply with, arul a.bide b~/ each and every/ the stipulationa, agreementa, c~ ' ~ ditions and eavenants in said promis$ory ~eote_, and in this deed set forth. ~ ~ i 7. If any oj said sums of money herein referred to be not pramptly and fuUy paid within i 30 ,~ys next after tlu same eeverally become due and payable, or if each and every the ~ ~ sti~ulations, agreementa, conditions and covenants of said promissorl/ note and thia deed, or ! ~ either, are not fully ~erjo~med, complied with and abided by, the said aggregate sum mentioned i ~ in said promissory note_ shall beeome due and ~a.yable forth•.~ith or thereafter at the option of } the .~tortgagee s, the ir l,.pira, legal representatives or as~i~xL ~~a~yan~ %~y , ~ ~ as if the sa.id aggregate sum ofSeventy-Two Thousand Five Hu~idre~/ dollara were _ originally stipulated to be ~aid an such day, anything in said gtromissm-y note- or herein to the ! contrary ~wtwithstanding. i ( - IN WIT~VESS WHEREOF. th~ saicl Mortgagor_, ~ has h.Preeento set his hand rtnd seai he da.y and year jirat above 'ttere. ~ ' ' ~ yc -E._- + Stgne ed and in presenee of us:l l r + I . ru$~ee _ - ~ 1~~. - , ~ , ' ~ i ~ ~ ~ ~ (?S,~) ~ ~_A ~ ~EORGE L. HOLUHAN J':. 77~rc /~r.~/niiur~rl f~rr~~~ri~l l~)~: Att~R~ EY AT LAW ~'f .1 ~/~lri ~s 7211 S. w. u?-,d ~vE. ~OOK Z2~ P~r,. ~O S. t.11AM1, flA. 33143 r