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Home My WebLink About1477 i t• ~ t ~ - s . s i ~ - - sad shall dv1]?. proml?t1y a~ ~b P~~4 discharge, exeeuu, ettect, omapletwr,-•:wnply w[th and -abide Dy eaelt - and even the sUpu ~tio ~ a ~s~ b~ ~t~ shall ease ands bs null aapo~ioid~ ~N sad of tide mort`a~ - then tWs mostgage - _ It u understood that each of the woNs~ "note," "mortgagor" sad "mortgsgN" respectively and t>se pron- ouns seterring thereto. whsther is the singular or plural anywhere la fhb mortgage. shall be singular 1f one oNy and shall be Plural jointly and severally, it moo than ones, and ehaU >k masc~tlireR teminiae and/or neuter. where - ever the context so implies ore admits. Md saki Mortgagor for himseit and his heirs, legal repressntatives, suoesssoes and asaipssy, hereby oovea• - ants eau agrees to and with said Mortgagse, his legal representatives, sueeeseors and assigaa: 1. To pay all sad dngular the Prlndpat and interest sad the ~atlous and sundry sums of money Payable W Hrtue of said promissory sots, sad thb mortgage, each and every, promptly oa the days reapectirely the same severally become due. - - ~ i To PaY all sad singular Ws t,ucss~ aasesaments, levies, IlabilittesV obQRations sad Inenmbranoes of every Mature and kind now on said desedbed propcriy, and/or that hereattee may Lnpoaed. suffered. placed. lsvied or assessed thereupon, and/or that bereaitet may be !cried or assessed upon this mortgage and/or the indebted - ness secured hereby. sack and every, when dw sad payable accoeding to law. before they become delinquent„ . and before say interest attaches or any -penalty is incurred: and in so tar ss any thereof is of reeor8 tl~a ss~ shall be promptly satisfied and discharged of rncoed and the original oMdal docurnest (such as, for iastane:: - !he tax receipt or tM sstiataction paper ottldally sadgl~ed or certitfedl shall bs placed la tht hands of said Mortgagee withla ten days next after paymsat: end Mche ereac that any thereof is not ao paid, satisfied and discharged, said Mortgages may at any tlme pay the same or any part thereof withont waiving or affecting any opUOn, lien. equity or right nnder or by vyrtu~ of fhb mortgage. and the full amount of each sad evsry such payment shall be immediately due and payati a aT' n~s~lt bear interest horn- the date tltettiM until paid at the rate of ten per centum per annum and together with such interest shall be aecur~ed by the Uen of this mortgage. 3. To place and continuously keep oa the buildings twrr or hereafter sltnate on said land fire and windstorm • insurance M the usual standard policy form. in a sum not less than i•••~•~.~. ~~surabl.e val>~,,,~, pang or comp~nles as may be approved by said I?tortgagce: and ail such insurance policies on say of said bu31d• Inge, any interest thersin or paK thereof, in the aggregate sum aforesaid or in excess thereof. shall contain the - usual standard mortgagee clause making the lams urdor said policies, each and every. payable to said Mortga- gee as hi' interest may appear. and each and e+~ery su~•h policy shall be promptly delivtred to end held by said bortgagee; ani, not less than ten days In advance of the- expiration of each policy. to deliver to said 1Ltortgagee s rene+val thereof, together vrith a receipt for the premium of rurh rnnewal- and there shall bs no such insur- ance placed on mny o[ said buildings. any interest therein or part thereof. unle..s In the loan and with the loss payable as aforesaid; and in the event any sum of money becomes payable under such policy or policies sold Mortgagee sFail have the option to rtceive and apply the same on account of the indsbttdntss serum] hereby or to permit said Mortgagor to receive and use It or any part thereof for other purposes without thereby waiting or impairing any equity, lien or right under or by virtus of this mortgage: and in the event said Mortgagor shall for any reasc+i tail to keep the said pr!mi~es so insured, or tail to deliver promptly any of sold policits o! insurance to said ?tortgaRse, or tall promptly to pay Golly any premium therefor. or in any respect tall to per- form, discha-ge, execute, etfeci, complete, comply with and abide by Lh)s covenant. or any part hereof. said J?tortg- agee may place and pay for such insurance or any part thereof without waiving or at[teting any option, lien, equity or rg1t under or by virtue of this mortgage, and the full agr~ount of each and every such payment shall be Immediately due and payable and shall bear interest from the date thereo! unt11 paid at the rate of ten per centum per annum and together with such Interest shall be secured by the Uen of Ws mortgage. d. To permit. commit or suffer no waste, Impairment or detsrtoratlon of said property or any part thereof. 6. To pay nU and sin[Nlar the costs, charges and expenses, including reasonable lawyers tees and cwt of ab~tracta of title, Incurred or paid at any time by said Mortgagte because and/or to the event o[ the tailors on the part of the said Mortgagor to d~~ly, promptly and fully p;rtorrn. dixhsrge, execute, effect, tomptete, comply with and abide bj? loth rend evsrp the stipulations, agrsem'nts, conditions and covenants of-said pronsls- sory nuts, and this mortgage, any or etth!r, wed said coats, chargee and expenses, each and erery, shall bs Int- mediat•ly due and payable, whether or not there be nonce, demand, atten?pt to collect or suit pending: sod the tut amount of each and every such payment ahali.besr interest tram the dab Nsreof nnW paid at the rate of i ten par centum per annum• ane all sale ~o,t,, charges and espensaa a Incurred or paid. tosether w?1cA sorb in- terest, shall be secured by the Ilen at Ws mortgage. - _ -aoeK316 PAcE1~7s