Loading...
HomeMy WebLinkAbout0780 ~ ! ~ 1 ~ ~ , , ~ ~C J 1 I. To pay all and singular the principal and interust and othsr sume of money payable by ~irhie o! said promiASOry note~ and thi$ dsed, or either, p:arnptly o~ tha days reapecGv~ly the aamao aa~arciIly becomo due. 2. To pap all cmd aingula~ the t~nnces. assossmeata. I~vies, tiabiliti~s. obtigations. ~d lncunn- brancss of every natur. on said described property, aocch amd every, mnd if the samo ba aat promptly padd the said 1Vlortgage•~ jx:~~i ce 8 S~ or ms~dg~a~, may at anp timm procp ~ the sarne without waiviag or af~ectiug !hs option to ~oreclose or any right hereunder, and every ~ paytnent sa mc~de shall bear interest from ths date thereof at tho rata of~,_ per cen~ par aanum. 3. Ta pup all c~ad aingular the coatis, chargea ~d expenaea, i.ncludia lawyer s foss, reasonably succes~ors incurred or paid W cnny time by said Mortgagee_, .~.~s ~ ~~2ii~i~l~lc or assigns„ bocause of the iailur~ on ihe p~t of tho said Mortgagos, it~ succoesors, legal represeatativaa or e~signs, to perform, complp with and abide bp •ach and everp the stipulations, agreem~nte, con- ditions an~ covena~ts of s~id prom~sory ~ote_. and this deed, or either, amd every such pay~uent e.hall bear Iuterest hom dccte at the rats of $ ger cenL per cmaum. 4. To keep tha buildings now oz herecsfter on aai~i lcmd iasurod in a aum not less thcm the highest f.nsurabZe value ~~~i~ a company or compcmies to be ap. proved by Seaudc Mo8 ~atq~s_.., aad the policq or policies held by amd payabla to sai.d Mortgagso._., ~ its /~~*~~~a~c~r ,~r.ses~ or c~aignQ, omd in the aveat aay sum of money becomes F~Y ~ ~ . . g g . . ar ~bis ~der ~cls 1 1~z~, th~ Mort a se_, _ itis ~SUC 8SO 3 ussic~sa, shall have the optian to receive amd apply the sume on accouat oi ths i~debtedae~s here- by secured or to permit the Moz~gagor to receive and use it or cmy part thersof for other purposss, R+ith~ut theteby waiving oz impairing cmp equitp, lisn or rig2~t under or by v3rtuo of 9,his mort- ~ gqge, cmd masy place aad pay for such insuraace or any part th~rsof withont wnivin~ or a£fectiag ~ the option to forscIos~ or cmy right hereundez, mad eaeh amd ssery such payffient shall beca ~nt~reet ~ from date at ths rate of $ r cent. Pe p~r ~aum. S. To permit, cominit or suffer no waste, ~mpmraaent cr dsteriozation af acrid pro~serty or ~ any part thereo£ I 6, To c~rform, comolg wiih. ~d cxbide bp a~ch and svery the stipulations, agreemenls, coa• - ~ ditions and covencmts in said promissory note_, cimd in tbis daed set forth. { ~ ~ 7. If any of scrid auma of monap herein rofensd to be not proanptly aad fully paid withia ~ -~,dap~ ttext after the same s~verally become due and payable, or if each ~d evazy !he I etipulations, agreements, conditiong cmd coven~ta of said promissory note_ and this dead, or - ~ either, are not fully gerformed, complied wfth and abided by, the said ag~regata sum mentioned . in said pzoa~ory note~, ahall become due and,payable forthwith or thereafter at the optioa of its /succe sor ihe Martgagae._.. ~~c or assign~, us iully and completely as if the said a Ei hteen Hundred and no 10 - ~ ggrega~te sum o - ~ - - - - - - daAmra wize ~ ~ ; origiaally ~tipulated to be paid on such day, anytlaing in said promissory note.- or herein to the ~ ' contrarp notwit.hstcmdiag. - ~ ~ ~ j iN WI'PNESS WHERBOF, ths a~d p~tp of the &et part has caused thoss J~.:J , f;t. ~ ~ . . _ pz~saate ta be signed ia ite name by itg : `f ~ : ~ ~ ` = . CCorporate president wnd its corporate seal to be affixed. : : - . V ~ ~ (S atfested bY itA Secrstary the day -r- _ ~ % i cmd ysm[ aboVe written. ' $n tyl ~ _ , _ _ _ , . , ~ , t $ecrsta~ry. ~ ' f . ~ ~ ,'~T~'~Llilr`~ nn~ t.;,, ; V~~ • . . •~~ed. ssaled mid delivered in ihs presence o~ R• VAY1~,I,AN'r CONSTRUCTION CO . INC , _ ~ - G~ ~ ~r~/ ~ ~ C ~ - / ~ Cl~~ ~'-~i B ~L~_~"= ~ I Y ~ ~~%~'f~~ ~.X Presades~ ~ ~ /7 D~ TI~ 1/;~l~~nnt'= Tzr~,S-0,anT+t- 7~~~ ~ / v ~ i ~ - i i . soox ~36 75 ~ ~ _ . ~ _ - . _ , _ . t