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