HomeMy WebLinkAbout0991 P1tOYN8D ALi/ATB, that if said mortgagoe shall pay unto sald mortgagee the .
eertain promissory note hereinaiter substantially copied a Identtiied, to-Mit:
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Mo~r~agt • No~C ~ Z .
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~ ipR v~?luE RECEIVED ~M w~dwapnwl prosuwt ~o wr ~o ad.? ol
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i:HARLES E. MILLER and EMiLY M.. . MI~~~R
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Interest on the unpaid principal balance shall be due and payable annually
commencing one year from date hereof. All principal and accrued interest
shall be due and payable 36 months from date hereof. Mortgagor shall have
the right to prepay principal in whole or in part at any tin?e without
penalty. ~ ~
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RICHARD RAIISCN `
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and shall perform, eomply with and abide by each and every the agreements, stlpulations,
conditions and covenants thereof, and of this mortgage, then this mortgage and the
estate hereby ereated shall cease, determine and be null and void.
~ AND the mortgagor hereby further covenants and agrees to pay promptly when
due the prtncipal and interest and other sums of money provided for in said note and
this mortgege, or eithec, to pay 811 and singular the _taxes, assessments, levies, liabilities,
obligations, and eneumbranees oi every nat~re on said property; to permit, eommit or
suffer no waste, impairment or deterioration of said land or the improvements thereon
~ at eny time, to keep the buildings now or hereafter on said land fully insured in a sum
~ of not lesa than the higheat insurable value in a eompany or eompanies aceeptable to
~ the mortgagee, the polley or policies to be held by, and payable to, sald moctgagee, and
€ in the event any sum of money becomes payable bq virtue of such insuranee the
~ mortgagee shall have the right to receive and apply the same to the indebtedness
~ hereby secured, aecounting to the mortgagor foc an su lus to
~ and expenses, including lawyer's fees and title searches e~~easonably~ ineucred or cpsid by
the moctgagee becau~e of the failure of the mortgagor to peomptly and fully comply
with the agreements, stipulations, eondittons and eovenanta of said note end this
mortgage, or eithec; to perform, comply with and abide by eaeh and every the
agceements, stipulations, canditions and eovenants set forth in said note and this
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~ ~~418 P~ 991
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