HomeMy WebLinkAbout0352 Inst~ IIIl1CI1~S shall bc~ due and }~~yable on the firtit da,y of each
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AND T~II~: St1I1~ 1rInR'PG!1GC~R, for itsclf, its successors and
_ ' a~signs, does hereUy covenant and agi•ee:
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_ 1. To Pay a~l ancl singular the ~~rinciE~al, the interest and #
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3 other sums of money payable hy vii•tue of the sai~l promissory note, and this =
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mort~a~e and th~ said ~romissory notes and mortgages referr~d to in
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Pa~•agra~h 6 Uelo~v, each and every promptly oti the days, respectively, the '
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. ~ . ~'same Uecome due. ~ ~
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. - Z. To pay all and singular the taxes, a:~sessments, levies, ;
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liaUilities, obligations and encumbran~es of evei•y nature and kind no~v on said ; ;
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p' p_ y, or that hereaftei= may be levied or assessea thereupon, each and ~
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_ • every of them; and if the same, .or any part the-reof, be not prom~tly paid when :
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_ ~due and ~aS~able, said 1~Iortgagee, its successors or assigns, may, at any ~
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_ time, ~ay the same, without waiving or affecting the option to foreclose this ~ _ a
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mortgage and saic~ mortgages referred to in Paragi~a~:h 6 belo~v, by reason of ' s
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such default, or any right here~inder, and every payment so rriade shall bear ~ -
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~ ~ interest from t}ie date thereof at the rate of 1Q-1/2% per annum, and all such =
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: payments, ~vith interest as aforesaid, shall b~ secured by the lier~, here~f. ~ ~
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3. _ To pa~ all and singular th° costs, fees, charges and ~
- ~ exnenses, of every nature and kinc~, inc.luding the cost oF an abstract of title
. ; to the above described lands found tq be convenient or ex~edienf in connection '
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~s~ith_ any suit for the foreclosure of this rnortgage, and the said mortgages -
_ refer•red to in Paragra~~h 6 below, also inctuding all costs and expense~ of the
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. said suit, including attorney's fee, to the attorney of the complainant fore-
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. closing, ~f_ $15. 00 and ten percent (10%), upon the amount decreed to the ~
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complainant, or fixed by agreement before decree, W~11C}l costs and fees shall '
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- ' be i;~cludPd in the lien of this mortgage and the said mortgages referred _ to in ~
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- ~=Paragraph R below, and iii the sum decreed upon foreclt~s~are, because af the ~
failure on the part of the said ilr~ortgagor, i~s successors or assi ns to ~ ~
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; perform, comply with and abide ~y all or any of the covenants, conditions and ~ ~
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: stipulations of said ~rorriissary no±e, and this mort~age, and the promissor~ =
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notes and mortgages referred tQ in Pa~~agraph 6 below, and in the foreclosure ' _
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~oo~ ~~9 P~~E 35~ -a - . ~
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