Loading...
HomeMy WebLinkAbout2535 ~ '• 1. To pay a11 and ii~ular the pri»o~pa! a~d intereat and other auma o~ money payable by I~ virtue of aaid promiaaory note_ and thia deed. or either. promptly on ths daya reapective~y the " aame stverally bacome dtte. ;j ~. To pay all and aingular ths taxea, aaaeaamenta, leviea, liab~itiea, obli~ationa. and encum- „ brancea o~ every naMcrs on aaid deacribed property. aach and every. and if ths aar-te be not prompt~ i; ~Y paid the said MortQaOee~-. ~eirs, lepai repreientaNves or aari~ns, may at any time pay t~ aame without waiviny or aJJecti~ep the option to foreeloas or any riyht hereuradet, ~, and every paymcnt ao made ihall bear i~ttereat ~rom tha date thareof at ths rnts o~_ll._par ` cent. per anntpA. J. To pay al1 and ainQular the coati, charpea artd expenaea, includiny lawyer'i Jsea, reaao~t- ably incurred or paid at any time by aaid Mortyagee_, heira, legal repreaentativea or assigns. becausa oj the ja~ure on the part o~ the aaid Mortgagor_, ~ieira, layal repreaentativea or aaaiQna to per~ornt, oo~npty with and abide by each and every the atipulationa, agreementa, conditiona and covenanta o~ aaid promiaaory note_ crnd Lhia deed, or either. and every such payment ahaU bear int,ereat from dats at the rate o~ lZ per cent. per annum. .i. To keep the bu~dinga now or hereaJter on aaid land inaured in a aum not Ieaa than No~g " #1oUars, in a eompany ar companiea to be approved by aaid Mortgagee._, and tht poliey or policies held by and payable to aaid Mort- ~~ gagee_, heira, lepal repreaentativea or aaaiQ»a, arui in the event , any aum oJ mmiel/ becomes payabla under sueh policy or policiea, the Mortya.yee_, ' heira, legal repreaentativaa or aaai~na, aho11 have the optian to rueive and appiy the same an aecount of th.e indebtedneaa hereby aeeured or to permit the Mortgagor- to receive and use it or any ~art thereoJ for other purpoaea, without thereby ~eoaivin~ or impairiny any equity, tien or right u»der or by virtue of thia mortgage, a»d may place and pav for aueh insurance or any part thereof without waiviny or affeeting the aption to foreeloae or any riyht hereunder, and each and every iueh payment ahaU bear intereat Jrom date at the rnte of~~ per eent. per annum. 5. To permit, commit or auJjer no waate, impairment or deterioration of said praperty. or any part thereof. 6. To perjorm, comply with, and abide by each and every the atipulationa, agreemtnta, con- ditiona and covenanta in aaid promiasor•y note-, and in thia deed aet forth. 7. If any of aaid suma of money herein reJerred to be not promptly a~nd fu11y pa.id withi» 30 ~ya nezt after tha same asverally become due and payabk, or if each and every the stipulations, agreementa, conditiona and eovenanta of aaid promiaaory note a»d thia deui, or either, are not jully performed, complied ~eoith and abided by, the aaid ayDreBatt aum mentioned in aaid promissory note_ shali beeom~ due and payable forthwith or thereaJter at the aptio~t oj the Mortgagee_, heira, lepal repreaentativea or asaigna, aa fully a.nd eompletely aa iJ the aaid aggregate sum oj 301,100.00 dollura were originally stipulated to be paid on aueh day, anything in said promiasory note_ or herein to the contrar~/ notwithatanditty. IN WITNESS WHEREOF. the aaid Mortga9or-~~~ and y~ar jirat above ~ori~t en. ~ preaenca o~ ua: ~ ~~~'~'. ~ ~ ~h Pe~.aez, -~ . ~ ~ ~ hereureto ae~ his ~ , ~ ~~..~~ Y- i, / ~s~~ as Trustee ~ . (Sea1) ~ 'i 1 ; / lri, /~is/rrirur~i~l f~rr f~~~rr ~1 /~ -~: /Qo~r/ .~4~+rt~oA ~ ~~ . = 1~~1n~~ 200 S. E'. Fi/s7F S~i1tt~~ f~/~~~t w -- ''l~~~, ~'rb~+~~e 33/3/ ~: __ _ _: -~- - ~ B^~X 349 ~~UE 2534 - -'~ .~ ~-: _. ry' ,` ~ ~'' ---- -- " ~