HomeMy WebLinkAbout0587 i~
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1. To pay all and iinqular ihe prinaipol a~sd intereat and other auma oJ money payable by
virtue oj aaid promiaaory note._ and this daed, or either, promptly ora the daya raaiuectivs~y tl~e
aame aevsrally beco~me due.
To pay aU arui ainguiar the tazea, aaaeaamenta, leviea, liab~Titiea, oblipationa, and encscm,- -
branc~s o~ every raatxra on aaid deacribed property. each and every, and if the same be not pro~npt~
~ lY Paid the safd Mortpa~ee s, their ~yai repreaentativea or aaaip~sa, ma~? at an~?
i time pay the aam6 without waiviny or afleeti~ey the option to ~orecioas or any riyl~t J~sretender,
~ and every payment ao made ahati bear i»tereit ~rom ths date thereof at the rate of per
li cent. per annte~.
J. To ~ay all and aingular tha coata, ehar~ea and ~xpensea, incltcding lawyer's fsea, raaaon-
ably incurred or paid at any ti»u by aaid Mortgagee s~ their 1~im, legQl rcpraaet~tta~tivu
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or assigna, becau,se of the fa~ure on the part o~ the said Mortgagor-, ~ra, la~?ai
~ repreaentativea or aaai~~ta to per~o~m, aotnpty ~cith arui aThide by each and every ths atipulationa,
agreementa, conditiona and cove~anta of aaid promiasory rtote_ ~?ed thia deed, or either. and
every such pa.yment ahali bear intereat from dats at ths rate of S~ per cent. per annum. ~
4. To keep the bu~ldi~ega now or hsreaJter on said land insured in a sum not ieas than ~
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~`o B! ~ i 1 d i n as 1~ollars, ix a company or companiea '
! to be approved by said .Mortgagee_, arui the policy or policiea heJd •by and payabie to safd Mort-
~ gagee~.., ~ra, tegai representativea or asaigns, and in tha gn~tt Y
any sum of money becomea payabTe undar aueh poiicy or pol:eiea, the Drlortgagee_, r
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_ ii heira, lepal repreaentativea or aasigna, ahall ha,ve the aption to receive an~ i
appiy the same on aecount of the indebtedneas hereby aecured or . to permit the Mortgagor to
receive and use it or any part thereof for other purposes, without thereby waiving or impairing ~
~j any equity, lien or right under or by virttie of thia mortgage, and may place and pay for aueh =
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insurance or any ~art thereof withvut waiving or affeeting the option to foredose or any right ~
herte~nder, and each and every auch paymant shaU bear interest from date at the rata of ~
( ~ per eent: per annum. ;
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5. To permit, commit or auffer no waate, impairment or deterioration of said property. or any -
Ij part thereof.
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6. To perform, comply ~vith, and a.bida by each and every the atipedationa, agreements, co~
1~ ditions and eovenants in said promisaory note-, and in thia deed set forth.
' 7. If any of said sums of money herein referred to be not promptiy and fuUy paid within
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t ~ys next after tht same aeverally become due and ~aya.ble, ar if each arui every the
stipulationa, agreements, conditiona and eovenants of said promiasory note arrd thia deed, or
I either, are not full erformed, complied with and abided by, the said aggregate sum me~?itioned -
in said promissory note_ shali become dua and pa.yable f
orthwith or thereaf ter at the aption of ~
the Mortgagee~, treir ~eira, Iegai represeratativea or aaaigna, aa fully and eomP~Y ~
f ; T.dET,VE THOUSAP?D
aa ij the $aid aggregate sum of ~oUara were
i~ originally stipulated to be ~a.id on aueh day, anything in said promissorl/ note_ or herein to tha ~
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contrar~/ ~wtwithstandirtg. ~
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-~-~d--- hPreunto att~ ~
IN WITNESS T~HEREOF. the aaid Mortgagor_,
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j~ ha,nd ~.nd aeal~the day and yuar firat a.bove written. ~ _ '
Signed, aeale nd ered in preaence oJ us: f'~n ~1' .,''(~edi')~~ -
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~ lY,ct CSe~i
MY COMl~I~SIOM EnrIRES FEB. ~ 3 -c~;• j~`
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f: OOK4Ep iHRU FRE~ w. OIESTELlI~TI I
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i~ /7ii, /uNri~mr~~tl~~r~f~~u<<1 /~1'~ .'v. :~rknar:, :;rcn Ca~e. Qre. ">710~' ~
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