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Home My WebLink About2132 r . ! r , ~ R • i ~ • ~ At~ID the aa~id 1?4ortgagor h~reby covenatnta and a~re~~s s ~ l. To gay all and ~ingular the princip~l and tnteres~ and o~her euma of money payable by virtu~ o~ eaid proraiesory no~e and thie d~ed, _ or either,promptl~ and on t2~e day~ reapec~ively the eame~severally become due. ~ 2. To pay a7.1 and ~ingular ~he taxes, lev~eg, liabil.itiee, ~bligationa, and encumbraneea of every na~ure heretofore or here~ft~r . imposed, place~, levied'and asseased on eaid describ~d pro~erty, each . and every, and 3f the aame be not promptly paid the said irbrtqagee may at any tirne pay the eame without waiving or affecting the option to ~ ~ foreelooe ar ~ny right hereunder, ~nd the amount of every payment ap ~ made s~hall bear -intereat fram the dat~e thereof at th~ rate which said ,a~ote ~ bears and ehall be aecured by the lien of this mortgagef the Mortgagor ~ agreex to furnish to the Mr~rtgagee prior ~.o Apri.l of each year receipte for all ad valorem taxes paid by the Mortgagor . ~ , 3. To pay all and eingular the cost~, charg~e and ex,~enses, ~ includinq lawyer'e £eee, reaeonably incurred or pa~d at any time by sai.d . ~ ~ t~ortga~qee bec~uae~ of the ~ailure on the part of the esid Mortgac~or to perform, comply with and abide by eaeh and every the atipalations, _ - agreemente, conditiona ~nd covenants of ~aid nate and thie deed, or . either, and the amount of every auch paym~nt shall bear intereat fran date at the rate which eaid note beare ~t~d aha1.1 be secured by the lien ~ ~ of this mortgage. ' ` ~ ~ ~ 4. To keep the buildinga iinw or Yrereafter on said land ineured ~ ~ against loee by fire in a eum not lesa thar~ th~ amount thiB mortgaqe ~ fran time to time outetanding and unpaid, and ineured against lose by ; windetorm in ~uch amount that the ineured will not be a co-l.nsurer u~de~ the terme of the policy or policies in a cc~nnpany or companiee ta be approved by M~ortgagee and the policy or policies held by and payable ; to aaid Mortgaqee , and, in the event any suna of money becomes payable ~ under such policy or pollc~.es, the Mortgagee shall have the option to receive and apply the earae on account of the obligation hereby eecured or ~ to permit the Mortgagor to receive and use it, or any part thezeof, ~ for other purposes, without thereby waiving or impairing any equity, lien, or right under or by virtu~ of this mortgage, and may place and ~ pay for euch insurance or any part thereof without waiving or affecting - the option to forecloee or any r3ght hereunder, and the amount of each and ev~ry such payment shal]. bear intereet from date at the rate which ~ said not~ bears and shall be secured by the lien of tbis moxtgage. ~ : - ~ ~ ~ 5. To permit, congnit or auffer. no wa~te, impai.rment or deterioration ~ ~ of ea?id property or any part thereof. : ~ . m~ f~_rm; rrnmol.V with ar~d abide by ~ach and evary the . ~ ~tipt~lation~r agreements, condition~ ancl covenante in eaid promiesory y _ _ ~ _~note ~nd in thie deed set forth. ~ i _ ~ ~ 7. If any of said eume of money herein referrec~ to be not promptl.y = and fully paid within thirty da~s n~xt after the eame severally bece~a~ _ due ~nd payabl8, or if each ~nd every the other etipula~tions, agreeiaerite, ~ conditiona and ~ovenante of eaid promiesory note and thie deed, or either, are not duly performsd, canplled with ~nd abided by, the said aqgreqate ~ sum mentioned in said note then remaininq unpaid, with accrued intereot ~ ~ and all other aume eecured hereby shall become due a?nct ~payr~ble forthwitih ' ~ 3 or thereaft~r at the option of the Mortgage~ , as fully and compl~tely ~ ~i as if the eaid eums were originally stipula~ed to be~paid on euch day,. ~ ~ anything f.n said promiesory note or he~ein to the cantrary notwithstandinq. ; . ~ ~ ~ , ~ 4~ e ~s ~ ~ f ~ ' U. i~ . , , ~ , BDYA ~UU ~A~~ c3c~~ . # - , . _ . . - . _ _