Loading...
HomeMy WebLinkAbout2253 . • ' . • ' . • _ - _ ~r~i~ u..-s,=~:~ 3 ~ r~~ ' t. _ _ _ . _x'fs~ _ ' - ais - ~ ' ~ - _ - t ~ ~ ~ ~i ~ ii ; coge~he~ with ail and sin~utar the buildings and improvements now and hereafta thereon, and together aiso with all shades, acrren~ and screening, awnings, plants, shrubs, and landscaping, elevators, pl~~mbing material, ' gas and electrical fixtures and equipment, and all heating, cooling, and lighting 5xtures, equipment~ and/or tf " apparatus no~v or hereafter attached to or used in connection with said premises, all bf•which shall be deemed 4 realty and conveyed by this moeegage~ and al! rents. issues and profits which may arise .or be had from any portion or all of said pcemises. , To have and to hold the same, together with all and singular the tenements, hereditaments and appur- ' tenances thereunto belonging or in anywise ~ppertaining, and the reversion and reversions, remainder or re- a' mainders, and also all the estate, right~ title, interest. homestead~ dower and right of dower~ separate estate. : posscssion, daim and demand whatsoever~ as well in law as in equity, of the said mortgagors in and to the ; same, and every part thereof~ with che appurtenances of the said mortgagors in and to the same, and ~¢very _ : part and parcel thereof unto ihe ssid mortsagee in fee simple. ! ; And the said mortgagors, for themselves, their heirs, legal representatives•and assigns, do hereby covenant ~rith the mortgagee, its sUCCessors and assigns, that said mortgagors are indefeasibly seized of said lands in fee simple: that said mortg~gora have full po~ver and lawful right to convey said lands in fee simple, as afore- ; said; tiaat it shall be lawfut for said mortgagee. its successors and assigns, at al( times peaceably and quietly ~ to enter upon, hold, occupy and enjoy said lands; that said lands are free from al! encumbrances; that said mortgagors, their heirs and legal representatives will make such further assurance9 to perfect the fee simple title to said lands for said mortgagee, its successors and assigns, as may reasonably be required; and the said mort- gagors do hereby fully warrant the title to said lands and will defend the same against the tawfu! daims of ali person3 whomsoever. . ~ PROVIDED t'ILWAYS, that }f said mortgagors, their heirs, legal representatives or assigns, shal! pay . untu the said mortgagee, its legal representatives or assigns, the said sum af money mentioned in said promss- ~ ' sory nott, and herein, and the interest thereun at the times and in the manner spetified, and all other suins or. advances hereby secured, and shall perf~rm~ camply with and abide by each and every the stipulations, - agreements, conditions and cavenants of said promissory note and of this deed, then this deed and the estate ~ ~ hereby created shall eease and be null and void. And the said mortgagors, for themselvea, their heirs, legat representatives and assigns, hereby cavenant ~ ~ and agree: ~ ~ . l. To pay all and singular the principat ~nd interest and other sums of money payable by virtue of ~ said promissory note and this deed. or either~ promptly on the d~ys respectively the same severaliy betome due. 2. To pay ~ll and singv1:r the taxes, assessments, levies, li,bilities, obligations and encumbrances of every nature on said described propecty, and to furnish the mortgagee with satisfactory evidenee of the pay- ~ ~ ment of the same. The mortgagors' failure to pay said taxes, assessments, levies, liabilitits, obligations and ~ F encumbrancrs, and/or the mortgagors' faiiuce to repay the mortgagee for advances for such payments iE made ~ by the mortgagee, shall give the mortgagee the right and option to deelare the principal balance due togethec s w~th all advances made pursaant to the terms, provisions and tonditions of this mortgage and ths note which • $ it secures and the further option to foreclose. ~ . ~ 3. To pay all and singular the costs, charges and expenses, including lawyPrs' fees, reasonably incurred ~ f or paid at any time by said mortgagee. its successors or assigns. because of the tailure on the part nf said ~ moctgagors, their legat representatives or assigns to pPrform, comply with and abide by each and ev¢ry the = stipulation~, agreements, conditions and covenants of said promissory note and this deed, oc either. 4. To keep the buitdings now or hereafter on said lands insured against loss by fire, lightning, wind- ~ 4 ~ storm, hurricane ar tornado or such other hazards as may be now or hereafter required by the mortgagee ~ in such amount as wilt be satisfactory to said mortgagee in a company or companies to be approved by said mortgagee, and the said policy or polizics to be approved by said mortgagee, and the said policy or poliaes ~ to be held by and payable to said mortgagee~ its successors, legal representatives or assigns: and in the event any sum of money becomes payable under such policy or policies the mortgagee, its successors, legal repre- ~ sentatives, or assigns, shall have the option to receive and apply the same an account of the indebtedness s~ hereby secured or to permit the n:ortgagocs to receive and use it, or any part thereof for other pnrpases, with- ~ ~ out thereby waiving oc impairing any lien or right u~nder or by virtue of this mortgage: and said mortgagee ~ t may ptace and pay for such insarance~ or any pact the:eof, without waiving or affecting in any manner th~ ~ ~ option of the mortgagee to foreclose this mortgage for failure of the mortgagors to keep said buildings and other property insured as herei,n provided, and without affecting aay other rights of the mortgagee here• . ~ ~ ~ under. The mortgagors further covenant and agree to keep the personat propert}r tcxated upon said lands ~ insured in an amount and against such risks as shall be sat~sfactory to the mortgagee, such insurance being ~ subject to the foregoing provisions of this paragraph. Failure of the mortgagors to effect saici insurance~ or ~ ~ any portion thereof, oe to pay the premiums th~refor, or to repay the mortgagee for premiums advanced • ; therefor_ shall uive the mortgagee the right and .option to declare the entire principal balance, together with ~ ~ all interest and advances made thereunder, due anc~~ payab[e with che Iurtner vYiivie ;,;,,..~3i:s:l; f~=_±~~^~- ing this mortgage for the nonpayment thereof. - ~ l / bld ~ ~ ~ ~ ~l ~ ~9/ ~ ~ ~ ~ ~ l ~ ! ~ ~l~l~ i'` r ~ ~i~i i~~ i~ ~ 9 ~ - ~ ~ ~ ~ i r ~~~r~ ~ ~ ~ i~'~p'~~~~f~~~r~`~~~~~~~~~~~~~~i~~~f~~i~~~~i i~~` ~~i'i~~ j ~ 6. To commit, permit or suffer no waste. impairrnent, or deterioration of said property or any part ; thereof. ~ 7. That in the event of the fai[ure of the mortgagors to pay ait taxes, ~iens, charges, assessments, l~e- _ bilities,- obligations and encumbrances af every nature on said described property, or to procure and pay t~e ~ premiums on said insurance, ar to p~y the costs of necessary repairs, or to pay all other costa and expensts - ~ ,~ncluding lawyers' fees teasonably incurred os p~id by the martgagee, ~ll a's herein pravided.~ the mortgagEe ~ shall have the right to paY said taxcs, lieas, charges, assessments~ liabilitics, obligations and encumbrances of every nature on said desuibtd prbperty, and to pay for or procure and pay for said iAaurance, or to pay_ the ~ casts oE neccs~ary rep~irs oc to pay al! other costs and expenses including lawyers' fees, and all amounes so ex- ~ r pended by the mort~agee shall be charged hsreunde: as principal money bParing ir?terest from date of expendi- ~ ture at the rate of seven per cent. pcr anaum, gayable when the next succee~diag installment of interest herein # ~ . n ~ ~ . . ~.P.~ ~UU i:'; 1#J~ . R~.. - - - - - _ - - - - - - - - - w~~~...,.s~»~tirt a~~Y-~~7 l~t~~~V~t.wfY~wr~.~ a~~...r aN~'r ...s.... .~r~ ~w~~-~r~rw.. r ~ . . i. ~ ' . --~-.~x-.i.~rr~w~. .~a^YVt..Y._--+~'w.M+aee-rf~arst~4~o~~sa.m~i.~.'r~~rw. z.~.~s~-e~~~+.~ ~ . . - .