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Home My WebLink About0234 f . ~ ~ • ~ ~ ~ t + ~ ~ and shall duty, prompqy anA fully perform, d~echarge, cxecut~, e((rct, complet~, comply with and abids Dy each ~ and everv the stipulstions, agreements, cond~tions and covenanta ot s+A~d prumissory note and ot t!w mortgags, then this mortgage and the eatate hereby created ahsll cease and be nWl anu ~•o~A. It ia understood that each of the wor~ls, "note," "mortgagor" and "mortRngee" reepectively and the pron• ouns reternng thereto, whether tn the singular er plural anywhere In thls mortqage, ehall be singular it one oNy and shall De plural ~ointly and severally, it more than one, and rhall be ~na~culine, teminfne and/or neuter. whee~- ever Lhe context so implies or admits. And aaid Mortgagor tor himeelt and hia heirs, legal repreaentatives, succes.+on and aasigru. hereby coven- { ants ana agrees-to and witfi said Mortgagee, his legal repreaentativeA. auccr~aor~ and as~igna: ~ ~1. To pay W and itngvlar the principal nnd intereet and Ne vsrioui e~d sundry sums ot money payable by - i vlrtue of said promfswry. note, and this mortgage, each and every. prompUy on the dayi respecUvely the wn~ t aeverally become dw. i 2. To pay all and iinqular the txxea, aaees.•mente, Icvies, liabilities, obli~ation~ and Incumbranca ot everr ` nature and. klnd now on aafd descnDed properly, and/or thst hereatter may be impoaed, sutfered. placed, levied ~ i or aaaessed thereupon, and/or that hereafter may be leviecl or ass.•ssed upon this mortgaqe and/or the indebted- ~ ; ~ neas aecured hereby, each and every, when due and payable accoMing to law. before they become dellnquent, ; and betore any Interest attachea or any penxlly i9 mcurrrd; and in rso far ae any thereot is ot record the uma a ahall be promptly ~atisfi~ed and discharged ot record nnd the oriRinal otl~cial document (auch as, tor irutaace. ? the tax receipt or the aatie[act/on pa{?er officially endorsed or reriifir.ct~ ~1hs11 be placed 1n the hands of safd ~ ~ Mortgagee vkfthin ten days next atter paymcnt; and In the event that any thereof is not bo pafd, astis[ied and s ; discharged, safd Mortgagee may at any time pay the aame or any part thereM without waivfng or affectin` ~ any option, lien, equfty or right under or by ~~~rtup o[ thia mortRaRc, and the lull amount ot each and every ? ~ wch payment shall be immediately due snd payabie and ahall bear inlcrest irom the ~te thereot until paid ! ~ at the rate ot ten per centum per annum and togeth~r vinth such Intereal ahall bc secured by the lien of thii t ~ mortgage. • • i r - ~ `f TO~jr~•n. ¦nel r.,nt:n~~-t> L~eT_n.,_fhw h~(jl(1~ ~1t)W Or fiti'~Af~rr sl ~~atw nn a.iA land fltM h~tV~ndittOtTII ~ ' insurance 1 uaual xtandarA poticy form, in a~um not les~ than i... c ~ com- ~ # pany or comp^nf~ may be apprc~ved by xai~l I?ir,rt~;p;.~•e: am! nll Rurh insurance polic' any o[ safd build- ~ fngs, any intere~t ther r part thrreof, in the n~~r.~~ate aum aforPVaid or in e ereof, ahall contain ths ~ ~ uaual standxrd mort~aqee . ie makinR tlie 1~~~~ ur.~i~~ aaid (wliclea, ex every, payabie to said Mortqa- F gee aa his interest may appear, ~nch ar.~l r~•rry Qu~•h ~x~f~cy ah pmmptly dHivered to and held by said ; ° I?iortRagee; and, not les~ than t~n da. ad~•an~e nf the Px on nf each poUcy, to deliver to anld MortgaRes ~ ~ a renewal thereof, to~ether with a rcce~p th• pr~m ~f rnrh r~newnl: and th~re ahall be no auch insur j s ance placed on any of aafd buildinRa, any ~ntr.r in or part the~cof, unleas in the form wnd wlth the losa , fi payable aa atoreaaid; and in the e~Pnt nny ay,pA ~ey be~comea payabie under ~uch pollcy or t?oliciea aa~d ! ; Mort~;a~ee ahail ha~~e the opti~~n lo recei • nd apply the~n e nn account ot the indebtedness. securec3 hereby or ; ` to ~?e~rmit eaid Mnrt~a~or to re~eiv u.e It or any pnrt th'escot for other purnoses without thereDy waiWng ` ; or fmpairing a~y e~uitv. Uen ~ht unAcr.~r by virtue of thia mArt~age; and in the event safd Mortgagor shall ~ for nny reagon tnil to he said prem~+rs s~ inaur~d, or faii to promptly any ot said policies ot ~ inaurance to aaid r aR~e, or faii promptty to p~y fnUy any premium the or in al~y respect [afl te per- ~ torm, di~cha xecute, etfect, complet~, compiy u~th end abiJe bv this covenant, o part hereof, said Mortg- ~ : aReP ma ce and pay for a~ch in~urance or any patt th~renY withnut walving or af any option, lf~n. ; ; equi r riqht vnder or by virtue of thia mort~aRe, anJ thc fup nm~imt of each and every ayment ahaU i be 1 mediale)y due and payable nnd ahaU bear int•re~t trom the clate thereof untll pafd at th~ en per ' ` ClIIL~~~+'+ ~pr annum and toQether W1th ~LCh 1niCiCB[ lhall hw r~~.~d hv th~ LtI! OI CfU~ T110TC~~!OE s ~ ~ To permlt, commit or sufter no kasste, lmpairment or deteriontlon ot sald property or any part thereot. ~ ~ 6. To pay sll and sinRulsr the costs, char~es and expenses, including reaionsbie lswyer~ fees and cost ot ? abstracta ot title, fncurred or pald nt any tlme by sald Mortgagee becsuse andior in the event ot the tsllurs ! : on the part ot the ~atd MortgaRor to duly, promptly and tully pertorm, dlscharge, execute, effect. complete, ' comply with and abide by each nnd evPry the stlpuistlons, agreements, condiUons and covenants ot eald promis- ' ~ sory note, and Lhis mortRage, any or elther, and anld coata, chairqa and eupeiues, each and every, shall bs Im- i mediatdy due and paysble, whether or not theh be notice, demnnd, attempt to collect or sult pendinq' ar~d th~ j ~ tuli amount ot each and every sucA payment shall bear interert trom ths date thenot untA pald st the rate ot : ' ten psr centum per annum: and alt satd coste, chsrqet anA e:pea~ w iacurred or pdQi. Wgether wttl~ suc6 !n- ; terest, ~hall Ds aecured by ths llen ot W~ mortgage. ' ~ ~ ~ _ . b~~x297 ~~E 2;3~ s. ~a ~ ~ - _ - :