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Home My WebLink About1172 And th~ ~lort~agors hc•reby cuv~•nunt with tl-e ~1c~rt};abee: that the ~l~~rtgagors are inclefeasil-1~~ ~ u•iied c~f said lan in [ee si~nplt•; that th~~ ~li~rt~;a~;urs have full ~x~wcr and lawful rig{it tu c~c~uvey ~aid la~~cl iii Et>e siu~pl~~ a, aforesaiei; tliat it .hall Ix~ la~~~ful for the ~iortka~;cr .it all times hereafter ~x~areuhly and quietly tu eut~•r ulwu, hc-Icl, ucY•up~• and cujuy said land; that stlt(~ IAt1C~, and every {~urt therrof, is fre~~ from all lien~ and enrumhrai~rts; that the ~lortga~ors will make such other a~-cl [urther a~surancti•s to x~rfc~ct the fc~• simple• titlc~ t~- said land in the tifort~;a~ee a~ may hereafter r~~asonabJy l~e rcyuir~; and tliat the ~lurt~agors d~, herehv full ~~~~arraut the title to said la~~d aud every lk~rt thc•re.wf and will defc•nd th~ sanu• aKaiust the lawfu~ claiins uf all persuns whomsoever. PROVII)ED AI.~VA1S, that if tlze ~l~rt gagors shalt ~av unto the ~lort~agee the certain promis- sury nutc~ of even ciatc here~vith. a cupy of ~vliirh is attac~ed i-ereto as Exhibit "A" and made a part I~ereof, as well as all other i»debtedness secttrecl hereh~•, aud shall dulv Ix~rfonn, ru~nply ~vith and abide by each and ever~• the stipulations, cYmciitions and co~~enants of ~said promissory note and of this mortRage, tiien this mortgage and the estate here~y createci shall rease and ~e null and void. It is understooci that the word "~tortgagurs," whether iu the singular or plural anywhere in this ~uortgage, shall l~e singular if one onl~~ and shall i~e plur.~l jointh~ aud severall~- if more than one, auc! tliat the ~ti~ord "their" as used auv~vi~ere in this mortt;as;c sltall he taken iu iuean his, her or its, wherever the context so implies or admits. A'~D THE ~IORTGAGORS IIEItE13Y )Ol\TLZ A\ll SE~'ERALLI" CO~'E~'r1\T A1D :~GREE TO A~D ~V1Tli TI-IE ~IORTG:~CEE: 1. To pay all ancl si~igular the principal aucl interest and the ~~arious and sundry sums of :::(3i.C~ i)Zi'~13~a: ~3Y L'iitiit' ~f S~iCi I3ra~Iitiiii)ii' ii~tf° :ii':ii :~i:S iiivTiF;ai;c. ~:i~ii aiiifi ~~'2ii', ~)Ti)Ill~t~)° Oli t{1C (~c1)'S 1't'til~,'CtIVC~~' t~ll' Siilllt' SE'\'E'I"~l~l~' ~)t'(Y)Illl' (~UC. 2. To pay all aud siu~;ular the tax~•s, a.s~•.smcuts, le~-ies, liahilities, ubligatic,ns and enrumhrances ~~f ever~~ ~~ature and kincl no~i~ oii said cl~~srril~~~cl .propert~•, and/or that liereafter ~nav I~e i~»poseci, .uffered, pla~ecl, leviecl or assessed thereupon, and/or that hereafter ~nay he leried or~assessed upo~i this mortgage and/or the• indel~tedu~•~s secur~•c~ hereh~•, each and ever~•, ~~~hen clue a~id pa~•able ac- c~,rcling tv fa~v, hefore the~• t~ecY~me delinyuei~t, aiu! i~~iore anv interest attaehe~s nr am• penalh• is ii~rurrecl; a~~d insofar as au~• thereof is of rc•cY~rd the san-c sha;l~be prumptl~~ satisfied ancl disrharged uf rec~rd and the origina! c~ffirial dcx~ime~it (such as, fc~r i»stauce, the tax rec~ipt ur thc• satisfartio» ~~uper o(ficialh~ ei~dorsecl c~r rerti(iecl ` shall !~e plac:ec( in the hands of said \Ic~rt~a~ee ~~•ithin ten (10! ~!.i~~~ n~•~t after pa~~mcnt. 3. To keep t~~e imi~ro~•emcutx uu~~• exi.tius; ~~r h~~r~•aftr•r erc•ct~~d un th~~ mortgagecl prop~rh~, - .~ucl the c~yuipn~ent aud ~x•rsonalh• c-o~•~•r~•cl L~• this ~nc~rt~;age, imured as ma~~ l~e reyuired from time + tc~ time h~• the ~tortga~;~•e agaiust lo~s I~~- fire•, ~~•incl,torm or otl~er l~aiards, casualtirs, a~-d c~ntin- s ~~•neies, in si~eh amount and fur sueh p~•ric,cls as ma~• !~e rey«ired I-~• ~1e~rt~!agee, ai~cl ~viil pa~- promptl~•, ~ ~~•hrn dcc, ~~m~ prc»>i~in~s c»i ~urh iii.iu:-i~~~~•- =11! i~~.iu~ai~c~~ .h.~ll i,._~ rarri~•cl i~~ ~Ynn~~auic•~ .t~~~~ru~•ecl ~ -~v the ~lort~agcc ancl tlu• Ewiicics unc! rcu~•~~:it, th~•r~•uf ~h:el! I~~• h~•Ic! h~- \furt~;a~~~~• ancl lia~•~• atiach~~cl~ 'heretu loss pa~~al~ic~ c•lausr~ in. Fa~•~rr of anel i~~ f~n-i~~ acreptahle t~~ the ~I~~rt~a~;r~~. ln e~•eut uf loss the ~turt~a~~~rs ~~~ill s~i~-e~ in~mecliat~• notir~• !~~- ~n.~i) t~, \I~~rt~a~e~e•, a»cl ~1~>rt~a~~•~• i»a~• ma~:c• I~rex~f of '~~ss if not ~nade promptl~• !~~- ~lort~.t~urs, aiui ~•ach iu.urai~r~• c•~~mpam~ c•uuc~~rnc~cl is lu•r~~h~• au-_huriic~d .~nu clirccteci t~ ~nai:~ ~~a~~~~~cut i~-r luc•i~ ~~,» ciir~•r11~~ t~~ iiurtt;a~~•~• in~t~•ac1 ul t~~ ii~~rt~::~ors ~uic~ ~±~~rt~a~;cc }~~intl~•. ~uicl tE~c insi~r~tnrc ~~r~-c~~c~cl.. ur .u~~~ ~r.u-t th~•r~•~f, n~.~~~ l~~~ .~~~~~li~•cl I~~~ ~lurtga~;r~~ at ~ it~ option either tc~ the redurtion ot t~~e incle!-teeln~•~. he~r~~l~~• s~~curccl e~r t~ th~• r~~titcrratic~n ur r~•l~air ~~f t~ie pro~~erty clamagecl. 1~, e~•ent ~~t f~~re•c!ustlre ~~` t!ii> >~u~rtt;a};~• or oth~~r trau~F~~r ~~t title .to th~~ ~ nu~rt~;a~ed ~~roi~ert~~ i~~ e~tin~uishment ~-! the~ i~~clei,t~~cln~•,. s~•c•~ired herel~~-. all ris~ht. titlr. anc! interest ~~f the \lort~agors i~~ anc~ to auv insura~ir~ 4~~~~iries tfu•~i iu force ~{ia~l pas1 t~~ th~~ liurrl~as~~r ur grantee. ~ ~- -~. To remo~•e or demo)ish no ln~ilcliu~ un .aic~ i~rrmis~~s ~~•ithc~ut the «•rittr~n cun~~•i~t uf t~ie . ~~ui-i~3~rr; iii ~3~i"iiiit, ivliiiiii~ vi' ~ut~r~ nv ~~a~tr. iir~ir.tit~nrt~l ur ci~•l~•riulati~m ui tiaiii I)t~u~)~•r[~~ ur .uiy part thereof and to kerp tl-e same aue! in+pr~-~-~•:iiruts th~~r~•ou in ~;~~c-d c~mclitiou .inc! r~~l~air. ~. 1'o pa~• all and sint;ular the rost~, c•har~c~ti aucl exp~•use~s, inrludin~; n~.ui~ual~l~~ 1a~~-~~~•r, f~~~~s, la~v}'er's disl~ursements antl c•c~st c~f a~~stract~ ~-f titlr•. i~~turrt~c~ or paid at au~~ tim~~ h~~ t}u~ ~1~-rt~,a}~e~ '~eeause of the failure on tlie part ~~f the \lc~rt~,a~~,rs t~~ dt~l~- ~~rrfc~r~n, ee~mi~l~- H~ith aucl ahid~~ 1-~- ~~~ieh and e~•ery the stipulations, r~~i~ditiems asxl ce~~-c•nantti c~f saic~ ~~rcnnissnr~~ n~~te .uul thi. in~~rt~a~;r, .u~v or either. ~ 6. That in the e~~c•nt the \lort~;afiors fail t~~ pa~~ ~,r discharge saic! ta~es, assessments, lieus ai~d ~•ucwnhrances, or said costs, char~e~s and ~~xp~•nu~., c~r fail to keep s:iid ~~remises insured or tc~ elcli~~•r the pc~liei~~s, premiums paicl, or fail t~~ reE~air !iu• saicl premises, a~ herein a~reed, the \I~~rt~a~ee is 1,.•r~~i~~• a~t~i~rizec~ aF :-,s e~ec•t6~~~ !e~ l~:i~- .::::I!s~:- t~i:e~:a:~c ~;ctit! taxes, ~tss~•ss::~t•:ztti, !ii•~~s .ti:c~ c•tit'tiiii- ~~rances or an~• part therec~f, to pa~• said c~~st., chars;es und expenses, t~~ j~ri~cur~> as~d ~~a~• f~~r sucl~ iusura~ice or to make ancl pa~~ for such re~~airs, ~~-it4~~ut an~- ohligat:on c~n itti l~art t~~ cl~~t~•ru~ine~ thr ~~aliditv or neressit~~ of an~- thereof anci ~vit4iuut the ~t~~rt~,a,ee• ~vai~•in~ or eHc~ctin~ am• ~~ptic-u, lie~n, ~•e{uit}• or ri~ht under or l~~• ~-irtue ~~f thiti inort~a~~e~: anc! the• fn'! an~ui~ut ~~f e~ach ancl ~•~-~~r~~ ~urh E~a~~ment shall he im~ncdiatelr clue ancl pa~~ahl~ ancl shall l~e~ar i~,t~•rc•,t fri~~i~ th~• clat~• th~•ri•~~f until ,~aid at the sa~ne rate of iuteres: ~j~ecifiecl iu the l~romissor~• ne~t~• sccure•cl here~l~~•, ancl tci~;i•th~•r ~rith tiueh interest, shall l,e sec•ured h~• the lien of thi. m~irtga~;e; I~i~t n~~thi~~~ here•in ~Y~ntainc~d shall I~~• c-~,nstn~ed as rec~uirin~ the ~lurt~a~;ee t~~ acl~-ance ~~r s~x~ncl nu»~~~•s f~~r a~~~- ~~f th~ l~urpc~s~~~ in this ~:ara~ra~~h menti~mecl. ~ ~ ;. That ( a 1 in thc• ~•~~~~nt ~~f am• hn•ac•li ~~f thi. n~~-st~~i~~' ~~r cl~fa~~lt rn~ th~~ ~~art ~~f thc• \I~~rt- ~a~~~rs, c-r ({-; in thc~ ~•<<•~it aii~• ~~f ~aicl .un~s ~~f ~r.,-~i~~~• h~•r~~i-i r~•lc~rrecl tc- I-c iic~t ~rrc>inptl~• aucl full~~ ; ~~ n~~K 350 f~a~E 1171 ~__