HomeMy WebLinkAbout0712 l. To p~y sll and ain~ulwr ~the principsl and intere.at and other suma oi money psysble
by virtue of aaid promianory note_ and th~e deed, or either, promptly on the days reapectively
the aame aeverally become due.
2. To p~y sll ~nd aingular the tazea, asseeaments, leviea, liabilitiea. obtigstione. and
incumbrancea o! every nature on eaid deecrlbed prnperty. eacb and every. and ii the snme
ba not promptly psid the esid Mortgsgee~., the i r he~ ~~gal repreaentatives or aesigw~,
may at any time paq the same wlthout wsiving or aiiecting the option to toreclose or any right
hereunder. and every psyment ao made ehall bear interest irom the date thereoi at the rate
of 8 per cent, per annum.
3. To pay sll and eingular the coeta, chargea abd ezpenaes, including lawyer's ieea.
reasonably incurred or paid at any time by ssid Mortgagee~., ~P; ~egal representativee
or ass3gna, because of the failure on the part of the said Mortgagor, its succeesora. legal
representativee or assigns, to periorna~ comply with and abide by each and every the atipula-
tions, agreements, conditiona and covenant8 oi said promissory not~ and this deed, or
either. and every such payment shall bear interest from date at the rate of 8 per
cen~ per snnnm.
ollars, in a coIDpany pani
be approve sid Mortgagee_, and the policy or policies held b payable to sai
ortgagee,, 1ega1 repreaentatives or aeai in the event any aum o
oney becomes psyable under su licy or polici Mortgagee_; he
gal repreeentativea or aasigna, shall have on to receive and apply the same on accoun
f the indebtednesa bereby aecured permit the agor to receive and nse it or any p
ereoi tor other purp ont thereby waiving or imp ' anp equity, lien or rlgb
nder or bq thia mortgsge. sad msy place and pay for sucb nce or anq p
hereoi out waiving or affeeting the option to forectose or any right herenn nd eac
6. To permit~ commit or suiter no wasta, ~npairment or deterioration oi 8sid property
or any part thereof.
6. To periorm, comply with, snd abide by each and every the atipulationa, agreementa,
conditions and covenants In said promiaaory note_., and in this deed set forth.
7. If any of eaid aums ot money herein referred to be not promptly and fully paid
within thirtv ~aqa p~ ~;r the eame severally become due and payable, or if each and
every the etipn2atloae, sgreementa, conditlona and coveaanta of said promisaory note_,_ and
thia deed, or either. are not fully pertormed, complIed with and abided by. the eaid aggregats
aum mentioned in said promiseory note, ehall become due and payable forthwith or there-
siter st tbe option oi the Mot~tgagees, the ir heira, legal representatives or asaigne~ as
iully and completel,~;~~i the said aggregate anm of~ f~.~,y-One Thousand. Seven Hun' red and
--and No/100t~~~~~~~lly stipnlated to belpaidyon anch day, anything in auid
f
promiaeoi9 aate~~~:11~0_ the contrary notwithstanding. ~
, . . .
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- II~I WIfiNF~S :WHEREOF, the aaid party oi the iiret part hss caused these
' ~ presents to be aigned in its name by it~+
~ . ,
~'s'•,,(Corp~~ ' President, snd ita eorporate seal to be effiaed.
8kq~~ ~ attested by i~ Secretaiy the day
. ~e:_~ f: i "
; j • and year above written.
AtteBt ~ ~
3ecretary.
~
Signed, s al sn tivered in the presence of : Cape letti Bros Inc .
,
By :l L' ~Z_
- •
~ President.
.
%lii~ Lt~/n~mrid Frr`?~rn~l l,y: .
.~i,i,i~:~~
E'
i ~ PAtf 7~~
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