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HomeMy WebLinkAbout0339 j 1 i ~ - ~ ! r~ ~ ~ , . ~ ~ ~ • , ' ~ , ~ ;I . . ! . s ~ - - ~ , ~ i ~ - ~ ~ _ . ~ _ - .i . ~ - . -i - - _ ~ . - ~ - ~ - . _ ~ ~ - . _ _ - ~ . ~ancl shall perjo~na, com.pl~ ivith. ~~id avide b~ e~cla and every .the sti.ptclations, ~ cL~reements; r-ondit~ions and coUenairtts of said proyrtissory note Q.nd of fh:;s deQd, then ~ this deed and tiae estate herPby creatQd s3catt cease and be null and uoid. - , ,~~~1 the said .~Iortgac~or hereby couenants c~nd a~rees: ~ ~ - _ .1. Te prry rzdl and sin~ulas th-~ pTinctpal an~ intere.st antl otlte,~ stcm.s oj ~nor.ey p~yable by virtue of said nromiss~r~ n.o~e and this clsed, or eith.er, prnm.ptlJ v~a the ~ cla~s respecti.vely the same severall~ conte due. ~ ~ . . ~ _ To pa~ all and sin~sulcrr the taxe.s, assessrnents, levies, lialiil.itics, obli~ations - a~xd eneumbrances of ever~ nature on saul.~ clescribed.~roperl~ each arul every, and - ' if the same be not promptly pc~id the sc~id .~ort~sc~~ee may at any time pa~ the sc~me ~ witliout waivin~ or af~ectin~ ttie option tc fore~lose or ~zny ri~ht heretc~u~er, ancl euert~ : . - pacynaent so rria,de shall becLr interest from th~ dccte thereof at the rate of ~~in~ (9~1 ' ~ per ce~at. per a~anum. ~ - ~ ~ ~3. ?'o pay a~t and sin~ular the costs, claargPS an~l expensec. iizcltu~in~ lawfer's . ~ fees, reasonahly incurred or p2r~d at any time by said .h~ort~z~ee because of the fdilzcre an the part vf the sai~ .~ort~a,~'or to perform, .corrLply wtth and abu~e by each arad, eaerr~ the stipulativns, ccgree»r~nts, conditions and covenara#s of saicL pr~mzssory nate _ ~ and thi,s deed, or either, ccnd every such puym.en~ sha•ll bear intersst from dats at the rate of Nine (9$) per esnt. peT annum. ~ . ~ - To keep the buitding now or heteafter on. saicl land insrcred i~a a-stc.nz. not x - - ~ f3 less than . . . . . . . . ~ . ~ . ~ thexeoal no itt~<'uratY:e . . . ~ . . . . ~ . . . . ~ j~ . . . . . . . : . . . . . . Dollurs, in ~ co~rtpanJ or compani_es to - be approved by .said Jifort~~~ee, and ~he paticy or poli,cies held by and payable to said .Mortsa~ee, c~nd i.ra the ~event ant~ sunt of ntonFJ becom.,es ~pa~~?b(e under such nolicy or t - policies, the .7~ort~c~~ee sha,ll have the option to rsceive and upp~~ the sarrte on account • of th.e ind,ebt~dness_her~by secured or to permit the .~lort~a~or to receive and use it, or c~ny par~ thereof, for other pzcrposes, wi`hout thereby wa.ivan~ ~r intpairin~ anr~ eqt~ity lien or right under or by virtue of thi,s mort~sac~se, ccnd riui~. pla,cs and ~ay for such insacrance or any part thereof, rvitlwtct uaivan~ ~r a~~cLin~ the opt.-ion to foreclose or ~ any ri~ht h~eretcnci.er, and eac~i and every suah payment siutll bEar interest fr~nL date dt the rut~ of per~,csnt. pPr annum. ~ ~3~i~7 ~ _ _