81002533 - Laserfiche WebLink

Browse

81-002533 svgs men ue~paci, tagsther with accrued interest thereon, immediately due and Ph~•le. M4irtgageirs agree-to pay- ail taxes and- assessments upern-the reel estate a sit cttr CdXesr levies and-a,~sessments levied upon-this-M~irtgage and the- - pr-craissarlr byte whicts thss Mortgage is given to secure-before. pe~mant is ct8ssnquent, ~€srtgagors agree to pr~ure insurance on the real estate iasaring the buildings and improve~-ents an the real- estate frcnr damage by firs- or other casualty in the sum of at least $SO,Q4(l.04 loss., if any., payable;,.. to thae Mortgagee and Mortgagors. of this Mortgage, as their interests may appear.- If Mortgagors fail to pay the taxes-and assessments before delinquent or procure the insurance as required by this Second Real Estate Mortgage, f~lortgages may pay the taxes and assessments ar other liens or procure the insurance and is-given a Iien secured by this Second Item Estate Mortgage: £or the amounts advanced with interest at the highest Iegai rate. If Mortgagors default in payment of the indebtedness or any installment. of principal ar interest of the Promissory Not:; securing this Mortgage, or fail to perfor:u any of the othez agreements in this Mortgage, Mortgagee, at Mortgas~8e's election,. may declare the entire debt secured by this Mortgage due and payable at once, and fvreciose this Mortgage fur the satisfaction of t33e total a:eount due. fisted: May 35, 1981. (William M. Biggs} {Afancy J. Biggs}