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Home My WebLink About0810 • ' ; and ahall duly. promptly and tuIly perform, discharge. execut~, et[ect, completp, rompty wdh and abide by ~ch and ever}? Lbe ~tipulat~ons, agreements, condltion~ and covenanta of said prom~ssory note aad oi this mortgagq thm tAls mortgage and Lbe estate hereby created shall cease and be nuU and void. It is widerstood tbat each of the wonL, "note,° "mortgagor' snd "mortgagee" ~ respectively and the proa- owu referring thecetu~ wheWer in the aingular or plural snywhere in thia mortgage, ahall be siagular ff one only and shall ba plural jointly and severaUy. it more than one. snd shall be rnasculine, temin[ne and/or neuter. wher- aver the context so impliea or admita. - And said ]+[ortgagor for Wmaelt and his heira, legai npreaentadves, aucces~ors and asaigna. hereby oovea. ~nts ana a8rees to and witb iatd Yortgagee, his legal repceaentatives. succeaeor~ and assigns: 1. To pay a11 and singular U.he pr[ncipal snd interest arW the various and sundry sums of money payable br virtue of uid promissory note. aad tbis mortgage. each and every. pr+omptly on the days reepectively the ~ams ~everaJly becoma due. Z. To pwy aii aad singular the tnxea, assessmenta, levies, liabilities. obligaUons and lncumbrances o! every aature snd kind now on safd described property, snd!or that hereafter may be imposed, auffered. pl~ced, levied or aas~M thereupon, and/oe that herestter may be levied or asses+ed upon this mortgaqe and/or We iadebted- ness secured hereby. each and every, when due and j?ayable according to law. befo~e they become deliaquent~ and before wy intereat attache~ or any penalty i~ incurred; and in ao [ar as any thereoi is of record the sams sl~a11 be promptty sstLStted snd discharged ot record and the onginal otticial document (auc?i as. tor Wstaace, Lhe tax recdpt or the aatislactiot? paper ofticially enJorsed or certUiedl shall be pla~ced in the hands o[ sald Mortgagee withln ten dsya ae:t aiter payment; snd in the event that any thtreof ia not so pald. aat~tied ared disd~srged, sald Mortgagee may at ar?y time pay the aame or any part Lhereot . ti~ithout wai~~ing or affectin~ any optioa, lien. equity or right under or by virtuP of thls mortgaqe, and the full amount ot each and every such payment shalt be immediately due and payable ~nd aha11 bear intemst trom the date thereot until paid at tbe rate ot ten per centurn per annum snd together with such intereat ahall be aecured Dy the lien of thia mortgage. , S. To place and continuoualy kerp on the bu;idin~a now or hereafter situate on satd land ite~e and wlndstorm I insurance in the uaual standarcf policy lorm, in a sum not les~ than i--.-~q~t...-.••••----.....---•-••-•--..-.~., In sueh eom• ~ pany or comp^nies as may be approved by said Mortfio~ce; and nU such insurance policiea on any o! s~d build- ings. any intereat Werein or psrt thereof. in the aR~rrRate aum atoerqaid or in excess thereot, shaU contain ttts j, us~al star~dard mortqagee clause makinR the lo~~ ur.d~r sald policies. each and every. payable to said Mortga. ` gee as hb intereat may appeu. and each ar.d erery su~•b pniicy shall be promptly deli~ered to and held by said ~ Mortgagee• and, not less than ten days 1n adranre of the expiration of each policy, to delivcr to aaid MortgaECes ~ s renewst thereoi, toqeNer with a receipt t~r thP pr~mittm of ,n~rh r~newwl: and there shall be no such inaur- ance placed on any ot aaid buildinRs, any intereat therein or part theteot, unlet~a in the form and wfth the losa ~ payable a~ a(oresaid; and in the erent any ~um o! money becomea payabte under nuch policy or poUcla said ! Mortqagee shsll have the optiun to recelve and npply the same on sccouat ot the indebtedneas aecured henby or ` to permit said Mortqagor to recelve and us~e ft or any part thereot [or other purposes arithout thenby wsivfng or impatring any equity, iten or tiRht unde~ or by virtue of tbi~ mortgage; and in the event sald Mortgs~qor shall for any reason teil to keep the aaid premises sn In4ured, or isil to delfver prompUy any o[ said policies ot insurance to aaid 14tortga~ee, or tail pmmptly to p~y tully any premtum theretor, or ia any reapect lall to peeL torm, dlecharge, execute, eftect, complete, comply with and abide bv this rnvenant, or any part hereot, aaid Mortg- ~ agee may place and gsy for sucA inrurance or any part th~reot without waiving or atfectlng any option, lien, equity or right under or by virtue of thi~ mortgege, and the fuU amouni ot each and every such psyment shall be immed3ately due and payable and shall bear int~rest from the date thereot untU paid st the rate ot ten per centum per annum and together with such tnterest shall bA aCC4iM '~y LhE UCD Ot 1111/ 410l~g8gQ. 4. To permlt. commit or sutter no v~aste, impairment o~r deterlontfon of said pmperty or any part thereot, 6. 1b psy all and afngular the costs, charges and expenxs, tncluding na~onabte lawyer'~ fees and cost a! abtracis ot Litle. lncurnd or psld st any tlme by aald Mortgagee because snd/or ta the event of the fallurs en the part of the aafd Mortgagor to duly, promptly and Nlly pertorm, discharge. a:ecnte, eftect, completer oumpl7 with and ~blde by each and every the atlpulations. agreement~, cor~itlon~ and covenanb ot said promis- ~ wry note. and thli mort k RsB~. ~ny or either. and said co~ta. chargq and e~pen~es~ each and every. ~haU bs Im- s mediately due aud payabl~ whether or not there be notice. demand, attempt to coUect oc suit pending; and tta ~ full amovnt ot euh and e~cry ~uch payment shell Dear Interest from ths date tbereot uuW p~ld at the nte ot ~ ten per centum per annum: and all ~sfd cost~. chargei and espeaw ~o lacu:red or Pal4, t~ether a1t1? wcL in- te*at. ~hall bs ~ecured by the Uen ot tN~ mortaags. f ~ ~ PA~rE VW _ ~