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HomeMy WebLinkAbout0992 ~ ~ , . ' . ~ . , . ` l. To pay all and singular the principal and interest and other sums of money pnyable by virtue oi said promissory note and this deed. or either. pcomptly on the day$ respectively the aame severally become due. _ 2. To pay all and singular the taxes, assessments~ le~ ies~ liabilities, obligations and incum- brances of every nature on said described property, each and e~~ery ~ and it the same be not promptly paid the said Mortgagee. its successors. legal repre~entatives or assigns. n:ay at any time pay the same without ~vaiving or affecting the option to foreclose or any right hereunder~ . and e~•ery payment so made shall bear interest from the date thereof at the rate of i per cent. per annum. ~ , S. To pay all and singular the costs~ charges and eYpenses. including lawy er's fees, rea- sonably incurred or paid at any time by said 1liortgagee. its succesors, legal representatives or assigns, because of the failure on the part of the said Diortgagor_, ~~y heirs. legal ~ representatives or assigns to perform~ comply with and abide by each and every the stipulations. agreements. conditions and covenants of said prumissory note_ and this deed, or either. and ; ~ every such payment shall bear interest from date at the rate of~__per cent. per annum. 4. To keep the buildings now or hereafter on said land insured in a sum not less than ~ ~ ~0~..~ ~-~--~4~?`~-\~.~- ~ a-~'Q~ _Dollars, in a company or companies to be ap- praved by said Diortgagee. and the policy or policies held by and payable to said ~iortgagee, its successors. legal representatives or assigns, and in the e~~ent any sum of money becomes pay- able under such poiicy or policies~ the blortgagee. its succesors~ lesal representati~•es or assigns shall ha~-e the option to receive and apply the same on account of the indebtedness hereby se- i ; ~ cured or to permit the Mortgagor_ to recei~ e and use it or an~ part thereof for other purposes. :i I without herebp waiving or impairing any equity, lien or right under or by virtue of this mor~ ; gage, and may place and pay for such insurance or any part thereof ~vithout ~i~•ing or affecting ( the option to foreclose or any right hereunder. and each and e~ery such pa~~ment shall bear in- ~ terest from date at the rate of~_per cent. per annum. ` : ~i ' t i 5. To permit, commit or saffer no waste~ im~~airment or deterioration of said propcrty or , any part thereof. ~ ~ i 6. To perform. comply with, and abide by each and e~ery the stipulations, agreements, E ' conditions and co~enents in said promissory note_. and in this deed set forth. ~ t ~ I ° If any of said sums of money herein referred to be not promptly and fully paid ~vithin i ~ f ; b da3s next after the same secerally become due and payable. or if each and every ~ ~ the stipulations, agreements. conditions and corenants of said promissury note_ and this deed, ~ ~ ~ or either, are not fully performed. complied with and abided by, the said aggregate sum men- i tioned in said promissory note- shall become due and payable forthwith or thereafter at the ~ o tion of the Mort a ee its successors le al re resentatives or assi ~ P 8 8 . , S p gns, as fully and com- ` l, Pletely as if the said aggregate sum of~1~.\~~~ --~1~ ~R~A ~ ~ ! ' dollars v~~ere originally stipulated to be paid on such day, any thing in said promissory note - s r i ~ i or herein to the contrary notwithstanding. ~ . ~ ~ IN WITNESS WHEftEOF, the said Mortgsgor ; " ~ ~ ! hereunto set ~~~han~-and seal the day and year first above vrritten. ; s ~ ~ ~ ; i Signe sealed a delivered in the presence oi: ; i j ` - - ~ - - - -(Seal) t s I ~ ' ~ ~ I _ - J (Seal) : 1~ ~ € j~ E ~I ~ I~ ~ ! ~ I "1 %~f /r~fnrm,~,n y,r pr,.~-~1 h• ~ ~ ,-t,l~f~~« ~~t/~t b~~A~G f ~ , 5- ~.6~`'` . ~ P~~ 9~p 3 , . ~ i ~n~,~,da/~[/ l`~`" _ --Y-~ - - ~ ~ ~ = ~ ~