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Home My WebLink About0453 • ~ , f ~ ~ SEE EXHIBIT "B" ATTACHED HERETO AND MADE A PART HEREOF. t . ~ and shaU duly. promptly and [ully perform, discharge, execute, c[tcct, complecc, comply with and abide by each and every the stipulations, agreements, conditious and covenancs o[ said prumissoty note and of this mortgage, then this mortga~e and the atate hereby created shall cea~.e and be null and void. ~ It is understood that each ot the words, "note;' "mortgagor" and "mortgagee" respecti~•cly and the pronouns rcfcrring thereto, whether i~z the singular or plural an~ti?here in this mortgaqt, shall be singular if oue onl?• and shail be plural juintly and se~eraHy, if.more than one, aod shall be masculine, feminine ai~d/or neuter, where~~er the concext so implies or admits. And said ~fortqagor tor himseU aud his heirs, legal representati~•es, succcssors and assigns, hereby covenants and agrees to and with said \tortgagce, his Iegat reprtsentativts, successors and assiqns: 1. To pay all and siny,ular the principal and iuterest and the ~•arious and sundn sums o( moncy pa~•able by ~•irtue of said promissory note, and this mortgage, each and e~•ery, promptl} on thc days respecti~•ely the same se~•erailr become due. 2. "To pay all and singular the taxcs, assessments, lecies, liabilitic?, obliqations and incumbrances ot e~•ery nature and kind now on said de~cribed property, and/or that hereafter may be impused. suftered, placed, levied or assessecl thercupon. and/or that herea[ter may tx le~•ied or asscssed upon this mortRage and/or thc indebtedncss securecf hereb~~, each and e~•er~•, Nhen due and payable according co law, betore they bccome delinquent, and beForc an~• iutcrest attache~ or an~ pee~alt~• is incurred: and in so tar as an} thereoE is of record the same shall be pmmpdy satisfieel and dischar~;ed ot record a~~d the or- ~ iginal o[ticial document (such as, for instance, the tax rrceipt or the sati~.faction paper ofticiallJ• endorse~l or crrtified) shall j be placed u~ thc hands of said ~iortRay,ee within ten days uext after p~~meur, and iu the e~•ent that auc chcreo[ is not so paid, satisfiecl and dise.harqed, said \lortgagee may at an} [ime pa~• the .ame or an}- par~ thercv~t without NaiciuR or af(ect- inq au~• option, lien, equity or riqht under or b}~ ~•irtue of th~s mortgaKe. and the tull amount o( each aud ecere such pay- meut shaU bc immediately dur ancl parable and shall bear int,rest from the datc tl~rreof until paid at thc rate oF tcn ~,er centum per annum and toqether with such ii~terest shall be secured b~~ the lien ot this mortq-aRe. 3. To place and continuously keep on the buildings now or herea(ter situate on said land tire and M•ind•torm insur- ance in the usual standard polic}• form, in a sum not less ehan the l~i;;hest insurable ~•alue, in ;uch com~,auy or c~~m~~anies as E may be approved by said ~(oriqagce: and aU such insurance policies on any of said buildiup,s, any interest ~herein or part ~ thertof, in the aqqreqate sum a[o:esaid or in excess thereof, shall contain the usual stauclard mortgaqee clause makiug the loss under said policia, each and e~•ery. payable to said ~lortga~ee as his interest may appear, and each and e~•en such policy a shall be promptly.delivered to and heW by said ~(ortgagce: and, not less than ten da}'s in ad~ance ot the cxpiratio~i o( each policy, to deliver to said Atortgaqee a renewal thereof, top,eeher ~.i[h a receipt (or the prrmium of auch rene~cal: and the:e • shall be no such insurance placed on any of said buildin~{s, any interest therein or part thereof, untess in the (ornt and with ehe lou payable as atorcsaid; and iu ehe e~~ene an} sum o[ moner becomes pa~•able under such polic} or ~~olicies said \lortqagee shaU have the option to receive and ~pplv the same on account of the indebtedness secured h~reb} or to permit said ~fortga- gor to receice and use it or any pan thereot [or other purposes without thereby waicing or impairin~ am equit~, lien or ~ right under or by ~•irtue oE this mortqage; ~nd in tht ecent said ~iortgagor shall [or auy mason fail to keep the said premi.es so insured, or fail to deliver promptl,y any o[ said policies of insurance to said \1ortRagee, or fail promptly to par• fuU~~ any ~ premium therefor, or in any respect fail to perform, discharge. execute, et(ect, complete, comply with a~~d abide b} this co~•- ~ enant, or any pan hereof, said ~iortgagee may place and pay fos such insurance or any put thereo( wi~hout waicing or a((ecting any option, lien, equity or right under or by virtue of this mortgage, and the full amount of each and every wch ~ payment shall be immediately dae and payable and shall bear intercst [rom the date thereof until paid at the rate of ten s , per centum per annum and together with such interat shall be secured by the lien of this mortgage. ' ` 4. To permit, commit or sufftr no wute. impairment or detcrioration of said property or an,v part thereof. i 5. To par al! and singular the costs, charga and ezpenses, including reasonable lawyet s fees and cost of ab~tracts of • ~ title, incurred or paid at a~y time by said 1lfortgagee beuuse and/ot in the event of the tailure on the part of the said ~ ~iortgagor to duly, promptly and fully perform, dischuge, ezecute, e[fect, complete, comply with and abide by each and every the stipulacions, agrerments, conditions and covenanb of said promissory note, and this mortqaqe, anp or either, and ~ said costs, chuges and expenses, each and every, shall be immediatdy due and pa~-able, Mheeher or not there be notice, de- s mand, attempt to collect or suit pendinq: and the [ull amount of each and every such payment shall bear, interest from the ~ date t6ereoE until paid at the nce of ten per centum per anaum; and all uid oosts, charga and apensa ~o inturred ~ paid, { ~ toqether with such interest, sh~ll be secured by the lien oE this mortgage. ~ ~ UR ~ BooK 271 Pa~ 453 ~ ~ , , ~ .w _ ~ ~ , _ _ _ - - - - - - ~