HomeMy WebLinkAbout2739 . • . •
1. ~q aU a~ ~a~alar tbe principal and interat and otLer sunu oi money pqra~e by virtue oi said pro~ni.sory iwte .
asi s~k lQtiv so o~ sas oi ione~. if sa~, as tbe uid pa rty ot tbe ieoond part n~ay adranoe W tl~e parie
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first ~art ~ o~ t~s days respatirdl? the ss~e severa! 1~ ~eeame due. 1
Z Ti ~q alt a~d aia~nlar t~c tates. as~eets. kvies. IiabiGties„ obliauutioas and eneambrsnoes of ever~? natLn on
~si~i ie~iei ~ee~e:tier. asd 'd tbe same be not P~PV7 P~id tLe ssid put~ of the seoond patt, its s~ooeswrs aad a~ijns
sst aR aq ti~e ~q t~e a~re witboat waivins or atleetin~ tbe option to foredoee or sny risht liereunder, aad cverY W)- v
meit w~sie aWl bear iwterat iraa tbe dste hereo~f st the rste oi 9 peraat, Pet annwn.
3. p~ all aad ai~nlat tbe costs, charaes and a~pen aea. iMlnding attorney's tees. reasonably inenrred or paid at anp
te~c Lt saii ~att~ d tie a~oo~od part, its sooeea~ors. ltsal representatives or assi~as, beeanse oi the failure on tl~e p~rt of the said
~.t ie s d t~e fiiat part, thei r soocessois. IKaI z'ePres entatives or aasigns, .to pertorn~. oompl~ ~rith aad abide b9 raeh
aa~ ~7 itre~t+ aoeditioe aad tov~eaant oi sa id promis~ory nd,e aad this deed. or eit6er, snd ev~eq suc6 psy-
~st a~D l~eas ~ ira~ dat~e a# tbe nte ot 9 Peroeat. Per annnm. -
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i?o pes~iR cossit, or mfier no Rade. impairment or deteriontion a? said propert~ or ~any put tbereo?
b? ?s pes~[ots. oas~i7 ~ritb and sbidt by deh atd eve ry t6e stiPulations. aarecment4 to~ditions and oo~-eaanta in
s:id tra~ioary aotc asd is t~is deed ad fortb.
i~ Ii aat d sW saa~ ct swne~ berein referred to be not promptl~ and inlly paid within 30 ~'aya ne:t after the
3aae se~aii? ~ec,o~e d~e a~d pa~ablq or ii eseh and evesy tbe stipnlations, a6ree~eats, aotditions and ao~enants of siid
gra~see~ wete aai tiis deed. or atber. are not dnly performed. eomplied wit6 and abided by. tbe said a~re~ate sam men-
tioed ' sail ~i~ory aote. s6aII beoome doe aad psyable fortbwit6, at tbe option of t~e party of the aeoond part, its =
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~o~ses. 1~pi se~RaL'ns or a~. as fd~y and campletdy as ii tl~e said a~reaate sam a~ ?
~r tie ai~e~es ~to~are rderr~d to ~ras oriainaIl~ stipdated to be paid on sneh da7. ~~8 Promissory note or ~
notes ~S f+s tie ~ecated aad seeured bereb~. or herein, to the oontrar~ notwithstandins. - _
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7_ To ~ tLc b~a~s m~r or b~reafter on ~aid lands insared in tbe s~ not lns than Twenty- an~N'o~~
ddta:s ~ a e~pa~J ar ea~p~nies ta be appro~ed by the ~id gut~ at the aeeond gart, ita soooeswi'a, 1ega1 nP~tatiees ~ ~
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;s~a~. aai 's tlc e~ea~t aa~ sm ad mone~ beoomes ps~aWe n nder sneh poliep or policies. the said puty of the seoond pait, ~
~Ls saeoraraes or a~s, shaII ha~rt t~e opRion to t+eeei~re and aAP~Y the same oo aooonnt of the indebtedness bereby secared
~r ta per~t t~e p~rties at the first p:rt to iee,eire and nse it, or snf part thereof, for other parpwes, ~vitMut tberebp ~rai~- '
=~S ~~~T ~7 li~ or risht nndtr or by virtne of this mortaage and may P~ ~ P~Y for soeh iasuianee or ~
~7 P~ ~~it~oat sai~ or afiedins tbe optioa to foroebee or any right herenn~ler and eaeh aad every saeh payveeat s
i ahai! iesr ~ at tie rate o[ 9 Peroeat Per aannm irom dste. - `
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8. Ii tfe es~t it beeoaes sete~ary to foriedo~e this mortga~e, parties of tl~ first part agree to tbe appointment of a g
F ~rei~a, to eo~ser~e tbe tmis aad prafits seeuring from or deri~ed from the above deecn'bed pmperty. `
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~ [x wmi[~SB ~OF. tLe said Yort~or have berennto set their haad 8 aad ses~ 8 the ?
:~f a~i ~atr Srst abo~e ~ritt~m. -
Siaa~ed. ~ea3ed iad deli~ered is presence of: ~ _
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