HomeMy WebLinkAbout0633 ~I . ~
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~ 2. To pay aJl and rinyular the principai a~d interat and other auma of money payabla by ~
virtue of aaid promiaaory not,~._ arid th~a deed, or either, promptly on the dayi rsspsctively tke
~ aame aevernlly bscome due.
8. To pay all and sing~iar t11e tazea, aaa~aamenta, teviea, liab~itiea, obii~ationa, and enoK~w-
~ braneea or every tsatttrs ou aaid deacribed~pr+operty. eac71 a~td every, a~sd if ths aa»te ba twt prompf
~ iv P~d the said D[ortyayee .a. , tspa~ representattvea or aa,i~, may at a~+
~!i time pay the aame witlaout soai+~inq' o~' alfeati~ep tAa opNon to foreeloae or any ri~ht Jker~a~der,
If and eve*Y PaYri+snt ao fnade ihaU bear i»tereat ~rom t.ha data tl~ereof ax tl~et rat~ of 6
cent. per a~qetaR.
II J. To pay aU and aingular tai.e eoats, cl~ar~ea and eacpenaea, i~cludi»~ lawyer'a ~aea, rsato~
~ ably incurred or paid at any tima by aaid Mortya~e~~..., their h~m, l~~ repr~~ti~
( or c~ssigns, becau,ts of ths ~a~ure on t,he part o~ tl~ aaid Mortgagora., t,hAi r ~ra, teyai
repreaentativea or aaaiD~ ~ P~'f~b ~Pjy with and abide by each and evet~y tlu atipt~lationa,
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~ agreementa, eo»ditions and eovsnar~#a oJ aaid promiaaory note_ ond thia • dsad, ar either. and
~ ez~ert/ such payment aha~l bear interest from date at tl~s rats of~_ per cent. per annwn.
To keep the bu~diriga »ow or hersa.~ter on aaid land inaured in a aum not leat tha~n
~ Thirteen Thousand nollara, in a eompany or compa~aiea
to be approved by aaid Mortgage~., and tlu poliey or poliei~es/~/JFj/~j(~~xcyabie to said Mort-
~ 9agee~, the i r J ~a, k~al repreaentativea or asaiqns, and in t.he event
I any sum oj money beco»iea ~payable under auch policy or poiiciea, the Mortyayees., th ~ i r
, ~ra, ~egai repreaenta#ivea or aa3igna, ahali have the aption to reeeive arid
apply the sante on acco:tnt of tha indebtedneaa hereb~i secured or to permit tha Mortqagors. to
ii reeeive a»d tiae it ar any part thertof for othar purpoaea, taithout thereby toaitring or tmpairix~
~ an?I equitY. iien or right under or ~yy virt+ca of thia mortgage, and mag plaee and Pay for auelt
~ insurance or any part thereof witliout waiving or affuting the option to forecloae or a~ny right
~I hereunder, and each and every aueh payme~t shall bear intereat jrom date at t1M rats of 6
per eere~ per annian.
11 5. To permit, commit or aujf
er no waste, impairment or deteriorafiion of aaid property. or any
part thereof.
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l; 6. To perform, compiy wi#h, and abide by each and avery the atipula~io~na, agrecme~ta, can~
j, ditions and eovenants iri said promiaaory note,., and in this deed set forth.
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~ 7. I
f any o
f said guma o
f~wney herein raf
erred to be riot promPtiy a»d f
u?ly paid tvithiri
~~ys neat after tl~ same aeveraliy beco~ne due and pa.yable, or if each and every the
stipulatio»a, agreementa, condit~iona and cove~ants oj said pro~nisaory note and tl~is deed, or
either, are not juily performed, complied soith and abided by, the aaid agprepate sum mentioned
in said ?rromissory note_ ahali become due and payabIa forth~aith. or thereafter at the aption of
~ the Mortgagee s~ their ~rs, legai representa.tivea or assigns, aa fully and completely
aa if the aaid f Twelve Thousand
aggrepate sum o ~tiara were
originally etipulated to be ~aid on auch day, anything in said promissary/ rwte- or herein to the
' ~ contrary notwithatattdiny.
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~ IN WITNESS A~HEREOF. the aaid Mortgagor$., bsiv~ ~et~nto set their
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~ hand S nnd seal 8
the da.y and ycar firat abovt~i .
~ ~ U.'L - i~ti1 't-t
St~ned, aealed and delive•-ed tn presenee of us: (Seal)
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