HomeMy WebLinkAbout2917~rouidrd ttl~uttJ~. tlrat if sni~! .Jllort~,s'a~~r c/ic~ll 1~aJ r~nto th~• suid ..ltortgn¢Fe
tl~e certain prunii+surr,J nut~, ~./' i~~/~ich tl~P jiillurt•ii~~ iu :cuiYls ~iird ji~arc~s i~ u trr~e cupJ,
to wit: '
SEE ATTACHED.
Il/1(I shull per/'o~»t. c•~»~ipli~ iritli ~~iic! al~i~l~ hJ c~~elt and er•erJ tlie stipt~loti.ons,
agreements, conditio~ls and, cot+c~na~zts oj' sait~ prontissorJ note anrl of tl~is deed, then
this deed and tlie estate herebJ created slrall ccasc~ ~a~cd Le nrill un~l. r•ut~l.
.~Ill the said .,ltort~agor licreby covenanls aitd u~rees:
.1. T~~ pay ull nn~! sin~ttlar t/~~ ~-rin~i/~nl nn~I i~rt~rret ~in~! ntlirr su»ic ~~j n~.one.~l
~~uya/ile ht~ t•irtu~ ~~j sni~l /,r~»niss~.r~~ nnt~ ~r~~~! /his ~I~~~~1, nr ~itltrr. l,r~~~~~pt/r~ ~•~i t/t.•
~l~~rfs re.spe~t.ir.~Plry th~~ ~n»i~~ s~i•e~rullr~ ~~»ir.~~ driP.
~. Tn p~rr~ all u~i~! sir~~iilur tlre l~~x~•s, u..~.•~~i~~nls. lr.i•ir., li~~l,iliti~•., „/ilr~atiuitc
~r~~~1 c~r~rcm.hru~ices of ri~~•rJ nat.~~re un sui~l rlrsrribed prop~rli~ ~a••1: u~rd er•~~ri~, a~r~l
if the sante Le rtot promptly paitl the sctid /1lort~a~ee ntdy a.t a~:J time paJ the sanre
without te~aivin~ or aj~PCtin~ the opti~on, to forPClose or an.y ri.~ht hererurder, aird ec~errJ
payme~at so ma,cle sha.ll bect.r interest from the date tlaere~f at tlre rate of TEN (10)
per cent. per annum,.
~. 7'o pay all and sin~sular the c~-sls, char6~•s an~! ~~xp~~ii.e.. ii~i'IIl~J1)1~ !au•Jer'~
fees, reaso~aably incicrreaG or paid at dny tinae by said Jllortga~ee becai~se of the failt~re
on the pa.rf nf the saitl Jllort~sa~'or to perform, complJ rrith. «~i~l aLi~le hJ ea~h and
every tlae sti~~ulations, a~reements, condition.s and corenants oj ~aid promrssorJ note
and this deed, or either, and everJ srcch payntcrtt shall L~ar interest jronz. date at the
r2te of Ten (10 ) per cent. per annum.
4. T~~ k~~p t)te tittildins ~t~~rt• ur h~~rrujt~r i-i~ sr~i~/ lund ii~siir~d in n•rii~~ n~~t
l~~ss l./ecur its highest insurable value--------------------------"""'
-------------------------------------Il~,llcrrs, in n c~~m.p~rir~ ur ~v,nrpurii~~s tu
be a-ppror,ed bJ sccid .3fort~'a~'ee, and the polic~ or policies held b~ and payable to said
.~{Iortsu~ec,, aizd in the er~eirt any sr~na of ~non~J become~ J~aJahlP cutder suclt policy or
polieies, tite .il~~rt~a~ee sluxll leave t/r.e oplion to reeeive ancl upp1J Lhe scen:P on «ceount
of the iitdebteclne~s /cerPbtj seeured or to permit tlae .~1lort~a~or to reeeiLe ancl tese it, or
artJ part thereof; for otfrer pt~rposes, tri;hotct th~rPhJ rcaia~rng or inrpairin~ anJ e~~ci.ity
lien or ri~itt u~tcler or by airtue uf thi,s ~nortgu~e, and nu~,y pu~ce and ~~aJ for siceh
ins~crance or anJ Jiart tlaereaf, rvithotit trait~in~ or cifj'ecting the uptio~r to joreclose r,r
any righl h.ereunder, and each artd eaeriJ stceh paym,ent shall bear int~rest front date
aE tJr,e rute of Ten (10 ) per cent. per ctnnurn.
64 K~~ P'~GE G-~1~ ~ -
i