HomeMy WebLinkAbout0913 t(~}.iRi ` i
1. To pay att a~a iinyx~ar tba pririoipot a~d i~?stereit a»a or,her irana of ~none~r parabie bf?
virtue o~-aaid prnmiaaory »ote__ and tAii desd. or either. prom~tty on t~ aays +~eap~otitiety th.
aame aevernlly beco:ne dxs. ~
t. To pay all and ainyt~lar tl?s taacas, wsa~aments, taviea, liabilitisa, obiipation~, awd e~owm-
E bra»cea oJ every rature on nad deacribed property. eack and evsry, and i~ tlae aame be +at pro~npt~
ly paid tJf~ iaid btortya~ee~., ~ ti~, Ie~ai represextattvei or as+i0~+, ~a!? ~~W
tims pay tlee sams witleout waivixp or a~ect~aty the option to Jorscioas or any riylkt l~ereunder,
and every paymcnt ao mads ahaA bea~inter
~ J. To pay all and aingula.r tl~ coat,s, el~arQea and expenaea, iricIudiny tawyer's fees, reaaw~-
ably incurred or paid at asy tima by aaid Mortpag6c~., - '-{Y ~..~*ra, leyal repreaentativea
or aaaig»a, because of the fas7ta'e on t11te part of ths aaul Mortpagot'-, r ~eirt, le~at
rapreaentafivsa or aaaipn~ to per1~, ~7~Y with and abide by each afui every the atip~atio~+,
a~reements, canditior~a and cover~arita ot said promiaaory note_ arid tlaia deed, or either. and
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~i svery such payment ahall bear~t~xteres n s 1
~I To keep the bu~diriga now or herea~ter ort aaid land insured irt a aum not ieaa tha~.
A+c~r~rate u~aid balanoe ottara, in a company or eompaniea ~
;i to be approved by said Mortpagee-, and tl~ policy or pdiciea held by and payable to said Mort-
~ 94qee~, ; r heiri,- iepal repreaentativea or asaigna, and ix tlia sve»t
f ~ any sum of money becomea payabla tttidet such pokcy or policiea, the MartQayee~, tl~eir
~I 1~ra, iegat repreaantativsa or uaaigna, ahall have the optio~t to teceive and
~ a~pty the same on account of the indebtedneaa hereby sECUred or to permit the Mortgagor to
receive and use it or any part thereof for other purpoae-a, without thereby waiving or impairinp
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a~ty equity, lien or right under vr by »irtt~ oj this mortgage, and may plaee attd pay for aueh
insurance or-any part thereof without waivfng o"r t~f~ating the optio~t to foraeloae or an~ right
i;
~ hereutuier, arui each and every iuek paymarat shatl bear intereat jrom date at the rate of
~ per eent. per annum.
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~ 5. To permit, commit or sicjf er no zuuaate, impairment or deterioration of said praperty. or any f
~ part thereof. I
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~ 6. To perjorm, comply mith, and abida by each and every the atipulatio~ia, agreementa, eo»^
~ dition.s and eovenanta in said ~romiasory »ott_._, arut in this deed set forth.
` 7'. If any of sa.id suma of mox~y herein rsferred to be not promptly and it~cliy paid sv~thin
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j 10 ,~.ya next after tlite same aeveraUy become due and payabte, or if each and every the
~ stipulationa, agreementa, conditiona and cove»ants of said promiaaory note a~td thia deed, or
either, are not fu11y performed, eomplied toith and abided by, the said aggregate sum men.tioned
` in said promissory note_ shall become dtr~e and ~a.yabte f
orthwith or thereaf ter at the aption of i
the Mortgagee~, ~ ~etra, k a1 r resenta~tives or asaigna as fuli and eompietely ~
Reduced by today's P*yi*ne* ~ re~ucin note to lb 000.~0 ~
aa if tht aaid aggrtgate sum o~"k m t~ ~ollara were i
originaliy stipula.ted to be paid on such day, anything in said promissory note~ or herein to the j .
~ contrary ~totzoithatanding. (
1
JN WITNESS WHEREOF, tha aaid Mortpagar_, ~s ~+^etcnto set my ~
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' ha.nd rtnd seai.-the day and year firat above zvritten.
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1 , a nd delivered in presenee oJ ua: l ~ (Seal)
it ; Nguy M. ters 4
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- (Seal}
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/7t~~ /~r~/rrnn~rd ~~r~~virr~l l~1': 1~~ ~ ~
' i 1, f.lr~ „ 3~ ~ an~d Sta a0~ ~1SE 1~~ ~
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