HomeMy WebLinkAbout0830 .u?n:• th~•~~•~~t~ ~~:iv ~~c~1 Ihrn h~• ~i~u• :~u~l ~~nvnhl~•; i~~~d lhi• I~.~rt~~~~,~•r h~~t't•bv a:'''•'~'s.
~~t~.~n t•~~:u•::1 uMk~• ~ t~:fPC'~~C~' A~l~~ ~It• ~ 1 V~•1 +Inv All~~ JI ARS i ~;IlnlClllS N[l~ OI IIC1
~~un•~nts •:~~11 icl~~~~~ for th~• purpoat~ al nssiy;ntng each such awar~i t~ thE•
~•.~y;~ n, : r~•~•~ r Icear and ischar,^,ed ol nny cnc~m~brances of any ki~d ~r neturr
wt, ~ ~ snev~• r; a~Kl
'f(X:t:l'FIP:R aitt~ all ri~;l~t, title an.l interest of the Mortgagor in and to the
land lyin~; t~~ thc~ streets and roads in front of and adjoining the above described
land (all the abave described lac~d, buildinRs, other atructures, fixtures, articles
at personal pr~perty, awards and other rights and interests beiRg hereinafter
colt~ctively c:alled the "awrtgage.i property").
'1p 1WVF. AND TO HOLD the mortgaged property arni every part thereof unto the
;~ort~ageu, its successors and assigns Eorever far the purposes and uses herein
cF~ for~h.
ANp rhe Mc~rtgagor furtt?er covPna~t, a~kl agrees with the Nortgagee, as follovs;
1. Tl:e hlorts;a~~or Ki 11 promptly pay lhc principal of and interest oo the
indebted~ess ezidenced by the iVote, arxl all other charges and indehtedness
pYOVi~led therein and in this Morts;a„e, at tl~~ times ancl in the manner provided
in tl~e N~~C~~ and in this P!ortFa~e.
2. Ti~c ~tortgagor will pay when da?~•~ as hereinafter provided, all ground rents,
iC ~ny, and all taxes, ass~ssments, uater rates and otl~er ~overcnnen[al charges,
fincs and irpositians, of ~vcry kin~! and nature whatsoever, now or hereafter
i~Tposed on the a~orcKaged pr~~perty, vr any part thereof, an.i Will pay when due
everv amount af indehtedness secured by any lien to which the lien oE this
lSort~afie is exQr~ssly subject. -
3. This 1~1ortQa~;e and tt,~ :iote wcre exec~ited and delivered to secure maneys
adva~ced in Culi to tne Mort};a;,or hv the MortgaAee as or on account of a loan
evi~ience~ by [he Noce. for [t~c• P~~r~~?se of making the improvements described
or referrt~-~ to in tt~e work write-up and eost estimate
~iar~d February 2"j, 1~"~- ,-tn ~~r on thc :n~rtga~ed property, and for such
other tl~r;~ose, if anv, de::c_r:be.! or referred to th~rein, ~rhich improvements
are liereinafter collec•t;~rr~,• ~-ai:~~~' "lmprovc~ments." The I~tor[s;agor shatl make
or causr ta be =:~a.1~ all ~i~c• i--~p~~~+.~~•~~~~~nc.s. {E the co~struction or inslallACfon
nf f~Tc' ~'t^:'~)~C1CIICS titi81~ I~i~i ~ ~r!'~f~~l 01~C :Ilt~l rea~~?~ablc• aili!!t'f1CE'~ nr
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'i~'i :l~ I~~i: .~.I.t:li~in ~r~ •111. ,~~j t.'~:~ ,.1 .'~•~'f c~ln('t~ll'~• AI' :•:.1~[(1V~-rnt>11~ I1~~S~ (li
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=y ~~art i i~~_ ~~•c~;•t t',e ~r•:e•n~~nts r~.•~i~~i r~~~1 rc• 1ie ma~.lc p~~rs~~~nt t~, i'. ragra~~i~
~ hc~rrnf, nor witl [hc ~1~iC^,a;4r =is4, or 4•~r~~~i~ ~r s~~fFer the use ~C,la~r-of
thP •:c?r~~.a~:e<' pr~~~+crty f~~r an~: ri~rpose orher than the ~~:rpose or purposes for
c;hich [i.e same is noa int en~l~ t to i,e ~ise~l ~~+itl~~,u' ti~~• prior ~rrittec: c•~+c~aenr
" of thc i~'oi-t~;a~,ee . '!'he Mor~ ~a^or 11 n~a i ntain the mortFaged propert.• in goai
con~~tion anc! state of repair arx~•~~i11 not suffer or permit any waste co any
part '_h~rcof, ancl vill promptlv ccm~pl;j wiCh all the requirements of Federal,
state an~~ local s;ove: nr.~ents ~ or ot am• ctepartments, divisions or bureaus thereof ~
nerta~nin•~ to s~ch prop~rty or amr part thereof.
lRCAOFIIli M~'Li0
Legibility of writing, typing ~ _ 2_ p Q r` .~t,
~r printing unsatigfactor~ in ' 800K~~t7 PAGE ~t~V
thi4 dnC>>~*;~nt for *~icrofilming.
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