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Home My WebLink About0299 ^ ACNE~ ` StpMPS 1?~ A~ ~uN1ENNO ~ ~0 CAN~E~~EO ~ sO ORt4~~yAL ~ t - ~ . sad shall duly. promptly aad fuUy perform. dischsrge. exccutc. effect, completr. compiy wlth and abide by each and every We stipulstions. agrcements, conditions and covenanta of aaid prom~ssory aote aad ot thjs mortgaga. then tl~is mortgage aad the eatate hereby created ahall cease and be~ null aiw vo~d. It is ur~erstood tLst each oi tLe woNs. "aote.° "mortgagor" and "mortgsgee" reepectively and the pmn- ouns refesring thentor whether ln the singular or plural anywhere tn thts mortgage. ehall be singular it one only and aha11 be ptural jointly aad severally. it more thaa ona. and ahall be rnaecuifne, teminine and/or neuter. whee~ ever We oonte~ct ao impliea or admits. And ~t1d Mgrtg~gor tor hlmseli aad his hei», legal repreaentativea; successors and asaigeu, hereby ooven- ants aaa aar~s W aad vvviiW iaid Yortgagea, his legttl repteaentatfvq. succeasors and asslgna: 1. To pay a31 uid aiagular tba prlnc5pat and intereat and the various and sundrq sums ot moneY PaYable b~ •lrtus oi ~aid promlawry aota, aad thi^ .nortgage, ~ach aM every. pmmpUy on We days reapactively the same ~sverally beoom~ dns. S. To pay all aad ainaular tbe tascs. asseasments. leviea, liablUUes„ obligations and incumbrances of every aature and kind now on satd described prnperty. and/or thst hereafter maq be Im~weed. auiterul. placed. levied or asseased thereupoa. and/or thst hereatter may be lavied or acs.vesaed upon this mortgage and/or the indebied- - ness aecured henby. each and every, when due and"payable according to law, before they become delinquent, and befon any intbreat attaches or any penslty is incurred; and in so iar as any thereof is ot c+ecwrd the sarae ahall be promptly satisfied a~ dlscharged of recoM and the original otncial document (auch as, for inatance, . ' !he tix receipt or the a~tistaction paper oftfcially endorsed or certlfiedl ahall be placed W the band~ ot aatd ~ MoKgagee within tea days nezt after payment; an~ in the event that nny thercot is not so paid. satiafied and I. discbarged. aaid ]dortgagee may at eny time pay the same or anq psrt thereof x-[thout waiv[ng or affecting ; atiy option. llen, equity or right under or by viKue ot thi~ mortgage. snd the full amount of each and every j such payment stiall be tmmediately due and payable and shal! bear intereat trom the date thereot until paid ! at the rate oi ten per centuin per annum_ and together wilh such interest ahall be secured by the lien of thia 4 ~~5~ _ ~i a. To plaoe and contlnuously keep on the buildinRa now or hereafter aituate on said land flre aad vrtndstorm E insursaoe in the usial atandard policy [orm, in a sum not less than =_....._...~[BX~mtlm•--••--•..._...--•...---• In such com- ! pany or companies as may be approved by said Mortga~ce: and all such insurance policiea on anq of said build- ~ Ings. any interat therein or part thereof, in the a~gregate ~um atoresaid or in excesa thereof. shall contain the usual ataadard mortgagee clause making the lac~ ur.der said policies. each and every, payable to aaid Mortga- gee as hb intereat may appear. and each and e~ery such policy ahall be promptly delivered to and held by said - Mortga~ee: and, not lesa thaa ten days in advance of the e:piratlon ot each pollcy, to deliver to snid Mortgagee a renewsl thereof, toRether vrith a recejpt for the prrmium of xu~h renewal: and there stiall be no such inaur- anoe placed on any ot aaid bufldings, aoy intereat therein or part thereot, unleas in the form and with the loea payable as atoresaid; and in the erent any sum of money becomes • paysDle under euch pollcy or policies aatd yiortqagee shall have the option to receive and apply the same on sccount o! the indebtednea~ secured hereby or to permlt sald Mortga~COr to receive and uae it or any part thereo[ far othv putposes without thereby waivfng or impairtng any eqaity, lien or r3ght under or by virtue o! thia mortgsge; and in the event satd Morigagor shall for anq resson tail to keep the said premises so in.gurrd, or fail to deliver promptly any ot said policies of inaurance to said Mortgagee, or tall promptly to pay tuUy any premium theretor. or in any napect fatl to per- ~ form, discharge. esecute. eifeci. complete, compiy with and abide by this co~enant, or any part hereof, aeid Mortg- 5 agee may place and pay tor auch inaurance or any part thereof without walvfng or affecting any option. lien. ~ equity or right under or bq virtne of this mortgage, and the tUll arriount ot each and every such psyment ahall be lmmediately due and payaDle and ahaU beer interest tmm the date thereo! until pafd at the nte of ten per ~ centum per aunum aad together with auch interest shall be secnnd by the lien ot thls mortgage. - ~ 4. To permi~ commit or autfer no waate, impairmeat or deterlorattoa oi aald properiy or an~ psrt thereoi. 6. 1b psy a11 and dngular the co~t~s, charges and expenses, induding reaaonable lawyer's fees and eost o! g abstra~cts ot title, incurnd or paid at aay time by said Mortgagee because sad/or 1n the event ot the talturs o~ the pait ot the ssld Mortgagor to duly. pmmptly anA fully perform. diachsrge, e:ecute. effect, complets, ~ oomply wtih aad abide by eac2? anA every tt~a stipulations. a,gteemenb, conditioas and covenant~ o! said pmmis- ~ •aorp note. aad tbla mortgage. any or. efthe~, and aaid cwata, cMrge~ and eupeiuea, each and every. shatl bs lm- ~ nudiately due u?d payable. whether or not thece be notlce. demaad. atterapt to collect or stiit pending: and th~ ~ iWl amount of each aad erery such payment shall bear inter~est fsom ths date tbereo! uaW psfd st the nte at tea p~r centum per annum• ~nd all iald cost~, charges atW ezPea~s~ ~o lncurred or paid, togetber wlth sucb fn- ~ tu+at, ~hW b ~awred bp t]~ tim o! tbis motigag'e: ~ • ~ - ~ BOOK 243 PAGE 2~ 4~ ~ ~x ~ a ~ ~p " ~~4~~:~~~~~ ~ ~ _ - -