HomeMy WebLinkAbout0141 rr - .
~
1. To pa~ atl ar~ci sin.giclar tlae pri~a~ipal a~ad i~aterest ana other st~~n.s of nt~neJ
paycable br,~ virtue of said pronzi.ssory note an.d thi.a deer~, or eithe~, promptl~/ o»~
tlce daJs respective~~ the same severallJ c~»z~ rlrze.
To paJ all and .c%>>~icldr thc taxes, assessme~tts, levies, liabilities, obli~atio~t•s
and enczcnt brai:.ces of ever~ n4ttcre on said desarib~d propert~ eacjz a~td every, anc~
if the sa~ne be ~aot pront.ptl~} paid tfaP said J4fortgRgees , their I:.ei•rs,
lebn~ represe~atatives or assigns r~taJ at an~ ti.~ne pa~ the same z~~itnou•t iuaivin~ or
a~e~ti;~~ tlc~ optiora to foreclos~ or nnJ righ,~ )aereunder, a~td everi~ paJment so made
shali beacr in.terest fronL the date thereof ut the rate of 2 per ee~tt. per a~anrcr~.
S. To paJ all and sin~tclar the costs, claarges c~~ad expenses, i~aclrcdi-n~ IawJer's
fees, reasonablJ inctcrred or paid at artJ ti~rte bJ ~caid .hiort~agee s, their
heirs, le~al represeratatives or assisns, beeat~se of th-e failure on tlae part of the sai~
.hfort~dgors , their 3aeirs, legal represe~ztatives or assi~ns, to perfor~rt,
eompl~ with and abide bJ eaeh a~ad everrJ tlae stipiclations, cx~reenae~ats, eoitc~itions
a~ad cove~aan~s of said promissarrJ note and this deed, or either, and ever~ sicch
paJment shall bear interest fro~n• date ut the rats of 2 per ce~at. per an~atcm.
J~. To iceep the bt~ildi,~Lg raow or h.ereafter on sai:d Zand insicred in a sic~n not
less than full insurable value i~ +a conpa~ay os co~npa~tics to
be approvec~ b~ said .~1ort~'a6~e s, aiad the policJ or policies laeld bJ arad paJ~zble
to said .1~ort~agees ? their heirs, le~al representatiUes or assi~sns, ~rad i.ia
the event a~aJ srcna of ~no~aeJ l~eco~nes pa~able z~nder such policJ or policies, th~
.1~ort~agee s, their laeirs, le~al represe~ttatives or assi•~Sns, sluzll iaave t.he
option. to secei.v~ and applJ tlae sa~ne on• accou~at of the i~tdebted~aess laerebJ secured
or to permit tlae .hiort~sa~or s to receiue and use it., or any part tjaereof, for other
purposes, witla4ut tlaerebJ waivi.n~ or im•pairin~s anJ equit~/ lien or ri~ht u~ader or
by virtrce of tlais rnort~a~e, and nzaJ p~ace aaad pa~ for sueh xnsurance or any
part. thereof Yuithout waivin~ or a~`'ectin~ the option to foreetose or anJ ri6)tt. her~-
icnder, and each a.~id euerJ such pa~/~nent slzall bear interest from d¢te at tlae rate
~~f 2 per eent. per a~arLUm.
6. To permit, co~nmit or suf)er no waste; i~npairntent or deterioration o~ said
propertJ or any pdrt th-ereof.
6. To perforna, conaplJ with and abide by eaeh und every tlae stipulations,
a~reem.ents, condi~ioris and covenants in said pronaissory note and in this deecl
setforth, ~ ~
,
7. If any of said su,ms of money lierein referred to be not promptly and fully
paid within 30 da~s next arfter the same severalt~ 8ecome due ana paf-
able, or if eczch and every the stipulations, d~recments, conditions and eovcnants of
said prom.isso~y note and this deed or eitjier, are nut duly perjornaed, eo~nplied
with and abided by, the said cz~sgre~ate srcna~ ine~ationed in said promissorr~ note
shall beeome due and pcryable forthwith or tiaere~fter at the option af the .hfortgcz~sees,
Their heirs, Ze~al repTesent.Rtives or assi~ns, as fully and completely
. as if the 8aid a~~si2~'ate sum of Three Thousand Five , Hundred Thirteen and 6/1
dollars was ora~inally stipulated to be paid on such daJ, anythin~s in said promissory
note or herein to t~e co~ttrary notwitjastandin~.
In ~itYieBB ~~hereof, the said .htort~~~or s, have ~ereunto set
their hands and sea~ the day a~aa year f~rst above wri•tten,
Signed, Seaied and Delivered in Presence of;
+ ~ . R- i,~~ /
~ ` .
~ ~L .
~ ` ~ 7~i~ ~ ?
~ ~ ~ ~ h'!~-r~ '
~x
li;y ~y~~
~I
` .
. ~
_ ~
?~D
~fs s~
' '
B~~X
- U h ` Z 4~
e