HomeMy WebLinkAbout2689 . . 1
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~ l, To pay ail and eingul~r the p~incipal snd ibter8at and other euma of mouey payable by
~ virtua oi ~aid prom~sary not~,... and thie deed, or either, prnmptly on the days reapectivelq
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~ the aame aoverally become due.
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~ 2. To pay all and ~ingular the tazee, asseaameute, leviea, liabilitiea~ obl~gatione and incum-
bran~ea at every nature on said described property, each and every, and ii the sarae be not
promptly paid the said 14~ortgagee, fta aucceasors, legal repreeantativea or aaei~ne, may a~ any
time pay the same withaut waiving or aifecting the ~ption to forecloae or any rlght hereu~der,
and every paymenC so made ahall bear interest from the date thereo! at the rate of ~en ,
; ' per cent. per annum. ~
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3. To pay all and aingular tbe costs, chargee and ezpensee, including lawyer's,ieee, rea- ~
: aonably incurred or p8id at any time by eaid Mortgagee, its euccesora, legal representativea ar 1,
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essigne, becauae of the failure on the part oi the said ~dortgagor
S., their ~,eire, legal ~
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representativea or assigna to perlorm, comply with ~nd abide by each and every the stipula~tone, ~
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, ' - agreementa, condition8 ~nd covenanta of said promiBaory not~.. and this desd, or either, and . ~
ev8ry euch payment sbsll bear intereet from date at the rate oY ten per cent. per annu~. ;
4. To keep the buildinge now or bereaiter on said land ineured in a aum not less th~n . ~
EIGHT THOUSAND SEVEN HUNDRED & No/IOC~ollars, in a company or compsniea to be ap- ~
proved by said Dsortgag~e, and the policy or policiea held by and payabta to $~?id Mortgag8e, ~
~ it~ succesaors, legal representatives or assigne, and in the event any eum of money becom~a pay- ~
, ab~e under ~uch policy ar policiee, the 8+iortgagee, ita euccesor~, legal repreeentatives or aseigns ;
= ehall have the option to receive and apply the ~ame on account of the indebtedneaa hereby ae- ~
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? cured or to permit the Mortgagor_ to receive and uae it or any part thereo! for otheP purgoaea,. ~
~ without hereby waiving or impairing any equity~ lien or right under or by vi~ue of thi~ mort~
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L. . gage, and may place and pay tor aucb inaurance or any part thereoi without waiving or aifecting {
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a the option to foreclose or any rigbt hereunder, and each and every such payment ~ball bear in- ~ ~
` ~ tere$t trom date at the rate oi ten per cent. per annum. ~
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i' 6. To permi~, com~nit or eufler no waete, impairment or deterioratlon of e~id ,p~co~e~tt,y or
any part tbereof. • ' , • ~ - ~ '
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. 6. To periorm, comply with, and abide by each and every the etiuplationd, ~$gu~e~aieiita;
~ conditiona and covenents in said promiesory note_., and in thie deed set tortb. ~ . : ~
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~ y , If $ny of said euma o! money herein referred to be not promptly and iully paid within
' t• ~ '~~1r t~ daya neat after the eame severally become due and payabte, or if each and every ;
i tbe stipulations, agreement$, conditions and covenant8 of said promiasory not,~._ and this deed, ;
; or either, are not fully performed, complied ~ith and abided by, the said aggregate eum men-
~ tioned in said promiasory note, ehsll become due and payable lorthwith or thereafter ut the
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? option o! the Mortgagee, it8 auccessora, legal representativee or asaigns, as lully and com- . ?
i , pletely aa if tbe aaid agg~egate sura o~EIGHT THOKJSAND ~EVENHUNDRED AND No/100•• +
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dollara were origin~lly etipulated to be paid on such day, anything in said promisaory note,
or herein to the contrary notwithstanding. .
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: TrI WITNESS WHERE~F, the eaid Mortgagors have
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hereunto se} heir han~and sesl S
the day snd qear firet above written.
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' Sigtted, sealed ~nd delivered in the preaence oi; ~
~ ' /,fC<G. ' ~f/ 6l/<i.r ~..L - • " ~ _ - - ~ ~ .
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- _ _ ' ~ ~L. - - (~e~l)
. MARTHA A. WE ~ ~
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~ O.R~ Q ~ ~
B~,;K 1~~ f~AGt~~7 ;
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