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HomeMy WebLinkAbout2113 r f ' f ~ ~ ' , ' i • : and ahall duly. PtomPW' and r+11r Pedoran. dLcharB0. execute, effect, complete, coraply arfth and abide by esch and ~very the ~tipulaqona~ aar~ements. oonditions and covenst~ta ot said prom~asory note and ot this mortgag+e, fhm.t2W mort~as~ wd t]f~ estab bereby treated shall ceaae and be null and vocd. ' t~ ~~wA~~rlwn~ 1L~f rwh w1 fir u?Arl~. "tfAt~" `II~Q~PtQO['~ i11d ~~IbOlL~l~'~ tlBDEC~Vl~Y i~ vla DI+OIM ouas ceter~rln~ tlNCeto` ~fiet1N= ia the ftngulac or plura~ aa~?when in thls mortgage. sluli bs ~ingular it one ody ~ and shW p~ pl~tsv joWtly and ~weralty, it more than on0. and eluW De masculine. teminine and/or neuter, whet~ ever the oont~tt ~o impliy ot ~dm1t~. Aad n!d ~tort~alor foz bina~sli and h1a helrs. legal sepresentat[ves, succeswra and aaslgas~ hereby oovea- aab atw ~rw W aod Mt1~ aaid li[ortgagee, his legal representatives. succeasors and aastgns: L To pq all and ~ular tbe P~s?Pal and lnterest and tbe vaMoua aad sundr~r auma oi moneY PaYsble br virtw ot wld p:omoiroq note. aod LW~ mortta8e. a?cb srW every. Promptly on the days respectively the sams ~sverally b~ooas~ da~. Z, Tp pa~ a11 aa~d aiAg~tlar the taxes. asseaaments, leWca. IiabiUties. obllgatfons and lncumbrancas oi every naturs aM kiud ao~w an ~aW de~cribed praperty. and/or that hereatter may ba imposed. auftarEd, Plaoed. bvied i ot awsNd tMrwpon. aad/os tWt hes~eatt~r may be levied or asaessed upon this mortgage and/or tt~e indebted- ~ ness saeue+~d Uersby. eacb aad avery. when due and puyable according to law, before theq become delinquent, ~ and bsfora w~? 1ni~tr+~t aLtscba or any penalty is [ncurred; and in so :ar as any theseof 3s of record the same _ sha11 p~ t1~r ntlslbd and discharged of record md the originsl oKicW docwnent (auch as. for ivstaace. ~ tb4 tax ~ pr t1~ satLtactta~ pspee oiticlally eadorsed or certificdl ahall be placed in the ha:Ms oi ssld ~[prtaage~ wttl~ln tq~ d,ys i~ezt aher payment; and in the event that any thereot is not so pa1d. aatisiied and di~cbae~~d, WQ ~tortSaaN nw st any tlme pay the same or any put thereoi~ wfthout watving or ettecW~g aay optl0a~. llea. ~quity or rig~t under or by virtue ot thls mortgage, and the Nll amount oi each and every s~ch paya~ent ahaA ee immdlstelq due and payable and ahall bear intenst from'the date Wereof nntil paid at tlf~ est~ oi ten p~ oentum per anaum and toBether with auch intereat shall be recured by the liea oi thi~ mQrt;ag~. a, Tb piaos aad oontlnuawly keep on the buildinga now or heteaiter ettuate on snid land flre and wlndstorm ' Jhighest insurable Yal~e 1n~airar?oe ln tl?e t~wl standatd poUcp torm. in a rum not lesa than 7 n au eom- pany or oontpaNea a~ mi?y bs approved by aaid ?dortga~ce; and all such insuranae pollcies on any ot eaid build- faas. aa~ fat~nst ther~t orpast tbersof, in the aggnBate aum aforeaaid or ln exceas thereot. shall contain the usnal standard mortgt~gee clat~se making the loss under aaid poUctes, each and every. pnyable to said Mortga. ~ee as h1~ inUreat map appear. and esch and evecy such policy ahall be promptly deUvered to and held by said MoK~agee; and. aot less than tea days fn advance of the expirntton of each policy. to deUver to sutd ~[ortgagee a rtneviral thee+eoi. ~eth~t wltA a recefpt for the premium of such nneaal- and there st~all be no such insur- anca plsced oa atp? o aald buUdings, at?y interest therefn or part thereot, uNeas tn the form an8 wfth the los~ psya0l~ aa ataewaid; and is tbe ~vent at~y aum o[ money becomes payable under auch pollcy or policies said ![ortgaga~ ~a11 bave tM option to e+ecefve aad apply the saane on acconnt o! the ltdebtedneas decurcd hereby or to pertnit tald !~[ort~or to recelve and uae !t or any part thereot tor other purpoaes aithout thenby waiving or lmpattl~ ~y eqnttr. If~ or rfgbt w~der or by virtue oi tbie mortgage; and in the e~ent ssid Mortgsgor sball !or eny nawn fafl to keep the sald p~?iaes so in~ured. or taq to deliver prompUy anq ef seid pollcies oi : ~ lnsuranee to Wd MoKaagee, or fall prompUy to pay fully any premlum Weretor. or in anp t~pect ttll to per- : torm. di~cbar=e. rsecute. eftec~ complete, comply with and Abide by thls oovenan~ or any part hereot, said Mortg- ; asse may place aad pay tor such fnsursucs or aAy put thereot witAout waf~ing or atfecting any option. lien. equfty or rlshi under or by vlttue of thb mortg~ge, and the tull aptount of esch and every such payment ahall ~ b~ immediat~sl~ du~ and payabN a~d ~hW beu interest trom the date thereot uattl paid st- the r+?te o! ten per owtum psr aaaum aed to~ethar altb ~cA interest ~hall be euured by the llen o! thls mortga~e. 4. Tp pp~dt~ oommit oe euHez no aa~te. tmpaisment os deterloratioa oi spld propert~ or any part t2~ereaf. ; ~ 6. 1b pay aII aadda~t th~ ooab. chsrBe+ and expenses. Iucluding reasonabla lawyei'a fees snd cost ot ; abRract~ oi tltN. fni,wrr~ o~r p~id at ~nny tlme by aald ~[ort~agee becsuse and/or fn tha svent ot the idlure f ou tbe part ot t1N safA ~Wrt~or to duly. Promptly and fully partorm. dl~charBe. e:ecute. effect, oompletA 3 oo;nP17 wftU aad ~bidt b~? a~ aod ever~r tM aUpulaUau. aBrea~nenti. con0itlo~ns aad covenants of suid pmmis- ~ nob. aad Wa moetsa~. W or ~lLUar. and +~afd ewb. chss~as u?d ea~s. each aad every. ~hW b~ !t~- a~telp dw and payabls. wbetb~r or not tDere be notice. demand. attempt to collect or sutt paading: aad th~ t1t11 aa~o~uAt o! ~acA au~ ~ra7 s~cb p~yd~ent ~ap beas tat~re~t trom tM dat~ thsrwt uatil pafd at the nte o[ u t«~ we e.uwm p~ annu~: .na .n ..~a oo.t.. cb.*sa .aa .:peasa. w ~acurrea or paid. wgeU~s ..~cb .uce m- tawt, ~ball b~ Meund bp t1a 11~n o! tL1a ~?ort;~. s°o~~ 234 P.~cE 2~.13 - ~--a-~„ ~ ~ a - „~..~;»K ~~~r-~,~•"4- ; ~~~b F - ~