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Home My WebLink About1408 ; . , < ~ . . . ; - ~ ; ~ , i - ~ • . . ' . - ~ ~ . • ~ . ~ ~ i- , ~ S s.nd shall dulY. PromPW? and itilly perform. dixharSe. execute, eftect, comptet~, compiy wtti, and abids by tach ; and evera? the stipulation~. agreements. conditions sad covenants of ~aid promwory note aad oi thia moriga8e. . ~ then this awrLSiBe and the estate hereby crested shall cease and De aull an~i.votd. ~ It is underatood Lhat each of the word~. "note." °mor[gago~' and "morigagee" respectively and the prnn- _ ouns referring thereto, a+beLhes i~? the singular or plural anywhere In thla mortSaBe. ahal[ be singular it one only and shali be plural jointly and saverally. ~ more than one, and shall be ma.sruline, feminine and/or neuter. vrher- aver the context so implies or admtts. And aald Mortgagur ior hitnselt and tus heir~„ legal repreaentativq, aucceswrs and essign~, hereb~ ooven- ants ana agrees W and d+tth said 1?tartgagee. his legal representaLive~. successora and avigT?~: 1. To pay all and sing~ilar the prinr[pal and lntereat and the various and aundry aums ot moneY PdY~~ bY - virtue o! aaid pmmiswry notq and this mortgage. each and everY. PromPtly on Lhs days respectively the same severally bccome due. i 2. To pay aIt and siagulae' the txxn. assessments. levie~. Iiabilities. obligations and incumbrancea ot every { nature and kind now, on eaid described propertY. ar?d/or tt?at hereafter may be imposeu. sutfered, pla~xd. levied or assessed thereupon. aad/or that hereafter may be levied or asse~d upon this mort~~e ahd/or the indebted- ~ ~ ness secured hereby. each and every, when due attd payable acoorG:ng to law. betore they become delinquent, ~ and before any :.~terest attache~ or any pena~ty is incurred; and in so far aa any t1?ereof is oi reoord the same s~ be p~~p~:~ satisged and dischaiged ot recwrd aad the originat official document (such as, tor instance. the tax reccipt or the satistaction paper ofticially endor9ed or cPCtified) aha11 De placed in the hand~ o! said btortgagee within ten days ne~ct atter payment; and in the event that any t1~re9f is not so paid. aatisfied and discharged. aaid Mortgagee may at ai?Y time pay the same or any part thereot ar[thout waivina or affecGng ~ any opti0n. lien. equtty or tight under or by virtue ot this mortgage, ei?d the full amount ot each and every stc he arate ot t n per centum~per annum and tobether v~ h lsu haineLrestsshall be secured by the lie-^- of pthi9 ~ mortgage. . 3.. To plaoe and continuously keep on the buildin~a now or herestter aituate on said land Rre and windstorm insurance in the usual standard pol=:'y torm. in a sum not les9 than In auch eom- pany or comp~nies as may be appr~ved by said Mortga~ce; and a11 such insursnce policie9 on aay of said bulld- ings, any Intere9t therein or part thereof. in the a~grega:e aum atoce9a?id or in excess thereof. shall contain the us~al standard mort~;agee clause making the lus~ ur.d~r said policie9, each and every. payable to said Dtortga- gee as his interest may appear. and each and every such pc?licy 9haU be promptiy deli~eced to and hetd by said 1?tortgagee; and. not less than ten days in adrance of the expiration ot each polic~r. to deliver Lo said ~Iortgagee -a rene~val theteoL together with n receipt for the premium Ot tn1~h mnewnl' snd tt?ere shall be no such insur- nnce placed on any ot said buildings, sny interest therein or part thereo[, unles~ in the f~ ~ d ~ the lox~ payable as aforesaid; and in the e~ent any sum o[ money becomes ~y85i~ under si~ch li or ~cies said I?tortKagee shall have the o~tion to ~eceive and app?y the same on account ot the indebtednes, secured hereby or to permit said Mortgagor io receive and use ii or any ~art thereo[ for other purjw9es a'ithout thereby wai~-iag ~ or imp:uring any equity, lien or right under or by virtue o[ this mortgaoe: and in the e~ent sa[d 3fortgagor ~hall_ tor any res?so~ tail to keep the said premises so insured, or fait to del[~er promptly eny of said policiq of _ ~ insurance to said Dtartgagee, or tail pmmptly to pay tnUy any premiiim therefor. or in nny respect fail to per- form, discharge. execute, etfect, complete, comply with and abide bv this oovenant, or nny part hereo~ said 1?ioKg- ~ ~ ageP may place and pay for such insurance or any pari therea[ without vraiving or a[tecting any option, lien. ~ equity or right undcr or by virtue oi ti~is morigagc, and the fuil aqiount o[ esch and every sach pa~znent shaII ~ be immediately due and payable and shaU bear interest trom the date thereot until µzid at the ra[e o[ tea per , centi~m per annum nnd together ~vith 9uch interest shall b~ secured by the lien of W~ morigage- ~ 4. To perml~ commit or aut[er no ceaste, impairment or deteriorattoa of sald propertY or enY P~rt t~ei"~t_ ~ ~ G. To pay r11 and singular t3:e co3ts, charoes and exprnies, inclu~ing rea.sonabla 1~K-yera tee~ an3 co~t oi ~ ~ abatracts oC title, fncu.-rzd or paid at a.~y tirne by s:?ld ~toc:gagee because end/or in U:e erent oi t2te iailttrs on the part ot the seid :ltortgagor L~ duf., prnrr:p.ly and Nlly per:orm, dischnrge. Cxecnie, eifect. com~2ete. ~ ~ compiy ~~~th and abide by ea~h a^^ e~ery~.the s.le:elation~, agreemenb, conditlon~ and eoven~nts o[ sai$ promL~- ~ eory note, and ihls morg2ge. ~ny or either, s.~d ~atd co3ta, char~es and expen9e~, each and cv~ ; ah~ il be lm- mediately due and pa~•~b:e, whether or not ihere be notice. demand, attem • to collrct or suit ~din und the 1 ~ full amount of each ar:~ every ~uch payment shall bear intere-st trom the d~?ie thereot unttl pa~d a: the rate ot ten per centum per ar~um• and all satd coate, charge~ bnd expensea eo lncurrcd or pald, together arith such fn- - tere~t, shall De eecured by the 1len ot th19 mor[gage. F ~ ~ - 'i x~ ` - - -t::~Yr.~.-' ~ . . , , ,.....r.~ a