HomeMy WebLinkAbout0232 an~ sha~~ perform, comply u~ill~ and a6tds 6y eacf~ and ea~ery t~e agrevmenls, atlpu~afions. condiftons and
corenants ~{~ernof, and o~ this morlga~s, tl~en tl~fs mortpags and the eslate k~?~6y crsnled. ihnll cease. de-
te~mine o~d 6e n~~ll and ~~oid.
~ t1~e morlgagor hewby ~urll~er covenanfa and a~rees to pay prompt[y when due ~he prtncipnl and
inte?~sl and olher sums of money proviaed jo~ in satd note and fhb ~nortgage, or elfher: to pay a~~ and
aingu~ar the InxPS, assessments, leuiea. ~labi~ities. ob~igafions, and sncumbroncvs o~ eve?y ~afure on soid pro-
perly; to pe?mit. commit or su(!er no waste, impai~ment or deterio?ufton o( said land or ttie tmprovemenls
thprecn al ony time: fo ItPep Ihe 6ulltlings now o? I~prea~t~ on aaid Iand jully tnsure~I in n sum o~ not less
than p~~
in a c~ompany or rompanips ucceptaLle io !he mortgagee. Ihe poltc~r or poltcies to 6e held by, a~d paya6le
to, ~a1d morlgagc~e. nne~ in the euent nny siun o( money bec~omes poya6[e 6y virtue ol such insuranes fke
mortgagee shaU f~pve tl~e ~tghf to receive and apply the same to the tnde6tedness ke?e6y secured, aceounttng '
fo f~e moAga~or (o~ anp surplua; to pay a~~ cosls, charges, and expenses. inc~uding ~awyer
t f
ees and ttt~e-
searc~es, reasonably t~currec~ or ~,~d 6y ~Ra ~o.~9ag~ because oJ f~e ~aijure o~ the morlgogor fo prompt~y
und /ully comply u~tlh IF~e agreemenls, sfipu~alions, eondttions and covenanls o( said note and tl~ta morfgoge.
o~ either: to per(o~m, eomply u~tth and abide 6y eack and every tl~e ogreements. stipulattons, conditlons nnd
eoaenani~ set forfl~ in said note nnd thts mortgage or eitl~er. In the event the rnorfgagor Iaila to PaY u~hen
due any tax, assessme?~t, insamnce premium or otl~er sum o( money poya6le by vWue o/ sntd nofe and this
mortgage. or eifhe~ !tie mortgagee may pay t~e sume, without wniuQng or af
jeciing tke option to ~orec~ose
or any other rtgi~t bernunder, and all such pay~rienls s6all 6ear interest jrom dote thereo( at the 6igl~est law-
'tl~ M~R then QI~OIU~ Dy ~11P IOWS O~ t~P J~U~P Of F~W'I~Q.
~L any surra o/ money herein ?e(e~ to be not prompf~y paid wtt{tin TBI~'PT (30) days nexf u(te?
f/~e same 6ecomes due,'or i( eac~ and every 16e ag?eements, sfipu~aftons, conc~ilions an~ covenanis o( snid
note and this morlgafle. . or either, are not jullq per(ormecl, complied wit1~ and obtded 6y. lhen Ihe enti?e
- sum mentioned in said nole, nnd this mortgage, o~ the entire 6alanc~e unpaid thereo~, shall ~orl{?with or
' fherea(ler, af the option o~ itie mortgogee. become and 6e due and pnyable. unyfl~i~g fn saicl note or I~erein
to tl~e contrary notwilF~standing. Failurr 6y Ihe mortgagee lo exerrise any a/ the rigkts or optlons herein
pro~~ided s~a~~ nol constitule a waiver oJ anq rigtits or oplions un~r said nofe or f~is mo?tgage ncr?ue~ or
t~ereajfpr accruing.
~ `
~n ~~~l~ I?~e said mo?tgagor has herPUnto si~ne~l and sealecl Ihese preaents the
day an~ pear ~irst atione u?rilten. ,
$igned, seale~I and. ~~iusrec~- in--fbe..~rpsence oJ: . -
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cc~uhrrtir oF N~ ~A?a. C' H•vp o A
I HEREBY CERTIFY that oa t6is daY, beforc me, an
I~Ro?ihC~:
o(ticer duly authorized in the 6r~e a(omaid and in the Counry aforeuid to take acknowkdgments~ personallr appeared
JOSSPH BARAY SUNTEB and ffirIILY SONTER
to me known to be the person s descn'bed in and who e:ecuted t6e forcgoin~ inscrument and ~0 acknowkd6ed
beforc me that: _~~lesecuted the ume. ~RO?/~?C~
and ofCcial seal in tl~e County a~d Sl~i~ last aforesaid this S r C v~'D dar of
wi't'~!f~Sfi~~~ b,ard~
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