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Home My WebLink About1714 i . ' ~ { . J~ • ' . and shall duly, P~~PW? ~ P~o~. ~~~Sa execute. eflect, complete.- oomply a/tb ud abide by eacD and every the stipulatiw~a, agreements. oonditiona end covenan4 oi sa[d prom~ssory note ued o! thSa mortgagq then tl~IS tr~rtgage and We estats beseby crested shall cease s~nd be autl aad void. . It is nnderatood that escb ot the wwda„ «note,» •mortgagot"' and "moRBaSee~ resPecvvelp aad the pro:r ouas reterring thereto, whether in the dngulsr or plural aaywhere in this mortgage. shall be siagular it one only and ahali be piural jointty and severally, i! mon ttwi one. and ahaU be :na.'cuUnq feminine and/or neuter~ arher- ever the oontext ao implia or ulmits. ~ And ssld Mortg,,gor for himselt aad his heira. legal repreaentaUvees„ aucce~ors and a~slgn,s, hereb~ eoven- ants ann agrea to and with said Diortgagce. hts legal repreaentatlves, successors and asaign~: L To pay all and singular the prlncipal a~W lntereat and the var[oos aad s~mdry sums o[ money pa,yabia by vlrtue of said promiswry not0. ~~rtgagR each and every~ psomptty_ on ths daya respectively tha satne • severally becoa~e due. To pay alt and atngular the taxes, ~vessments. leMes. liaDllittes, obUgattons aad incnmDrauces oi every tu?ture aad kind now oa said descdbed pmperty. snd/or that 6ereaiter may be imposed. sutfered, placM, levfed or ass~ssed thec+eupon. snd/or tl:at hereafter may be levled or aasessed npon this mortgage and/or the iudebted- ness secured hereby. each and every. when due and payable according Lo lavr, betore they Decome delLtquent~ and betore any intere~t attaches or aay pens?lty Lt incnrred; and in so iar aa any thereot is ot teoord the same shall be pmmptly satjs[ied and discharged ot record and the original ofticisl document (auch as, for iastaucR Lhe tsx nceipt or the satlstaction paper otticially eudorsed or certilied) shall be placed !n We bands of sald Mortgagee within ten day~ next after payment; and ln the event that any thereot is not so paid~ as'.istied and discharged, said Hortgasee may at eu~y time pay the same or any part thereof without waivtng or a[[ecting any opGOn, lien, equity or right under or by virtue ot thts mortgage. arid the tull amount ot each and every auch payment sball De immedistety due and payable and shall bear interest irom the dato thereot uatll paid at the rate ot ten per centum per annum and together with such interest shall be aecured by the tten ot this mortgag~. ~ 3._ To place aad condnuausly keep on the baildin~a now or Aerd~fter altuate on satd land iire and ~vlndstortn insurance in the usual standard policy form. in a aum not less than fn snch com- pany or comp^ntes as rt~ay be approved bq said J~Iortga~ce; and aU such [naurance polietes on any o[ aaid buitd- ings, a.1y Intereat thenin or part thereof, In the a~gregate aum atoreaaid or in exceas thereol. shall oontain ths u9uai standacd mortgagee clause making the k,.as ur.der said poUctes, each aad every. payable to said Diortga. gee as hia lnte~est may appear, and e~?ch and every such policy ahaU be pcomptly delivered to and held by said Alortgagee; and, not less than ten day~ in ad~ ance o[ the expiration ot each poltcy. to deliver to sntd btortgagee a rene~vai thereot, together vr•ith a receipt for the prrmium OI A11rb senewal; and there shall be no such inaur- ance placed on any o[ sxid buildin~. any interest the~ein or patt therco[. unles~ in the torm and with the 10~.9 pavable as aforesaid; and in the e~ent any sum o[ money becoma payable under aeich pullcy or policies aaid bforiKagee snall have the option to recetve and Apply the same on account ot the indebtedneav aecured hereby or to permit said Mortgagor to recelvt and use it or any part th~reot for other putposes without thereby waivtng or impa[ring any equity. iten or right under ~r by vIrtue af this mortgage; and in the event satd Mortgagor ahall for uny reasoa [aii to keep the said premi~es so insured. or tail to deliver promptly sn~ ot sald poltciq ot insurance to said rtortgagee, or fajl pmmptly to pay fi~liy any premium theretor. or ia any respect tail to per- torm, dischae~.; execute, eftect, complete, comply with end abWe by this oovenant, or any part heteo[. aaid 1?tortg- ageP may ptaee and pay far such insurance or any part thereot without ttiaiving or a[fectins any option. tien, equity or right under or by virtue of tt~ts mort~age, and the tu!! amaint o[ each and every auch payTnent shaU - De immedia!ely due and payable and shail bear interest trom the dnte thereof unHl paid at the rate ot ten per ctntum pcr annum and together with .uch interest shall be aecured by the iien ot thla mortgtege. 4. To permlt, commit or ~uf[er no Ka~te. Impairment or detecioratioa of aald pcopertq or ur~y part Lhereof. 6. To pay nU and singular the cwt~. char~es and expen3ey, inciuding reasonnDla i.~u~yer's tce= and ra.t ot ab~tracts ot titie, incucred or patd at any ilme by sald ~for:gagee because nnd/o~ tn the etent of the tatlure on the part o[ the safd 2liortgagor to duly. promptly and [ully peKorm, dtacharge. execute. etfect. complete. comply ~vith and ebide by each and every the sttputattona, e~rcrments, condiqon~ And covenanta ot ~?id promta- sory r+ote. and thl~ mortRage. any or either, nnd 9ald cr.~:~, chnr~;e~ and expenxa, each and every. ahsli Dt lr?t- meYfintely due and payable, whether or not there be noL~cr, demand, sttempt to collect or ~ult ~+e:~din~,: and t2:e full amount of each and every auch payment shs'.! Ae~r intere~t from th~ date theteot uniJ pa!d a: t.*.e rat± o: ten per centum per annum; BIIA ~II ~dld C07;,, CL3~t,2! 6:1~I extenses so lncurred or pald, togeL`:r- a-f~ti ~uc~ !a- tereat, ~hW ba eecured Dy the llen o! tht~ n~::ss~e. 800K243 PacF~,7~.Q - - $ ~ ~ _ _ - :y'.; P~:e:;: