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HomeMy WebLinkAbout0561 e - O. R. BOQ~ 5 5ti1 T~Je North 160 Feet of t:e East )']4.5 feet of th~ N! of the N~ cf the S~ of the SW~ of SE~, of Section 17, Township 35 South, ~ange 40 East.. togetw ....ith .iI .nd a1ngul., tho ~h. ""edil~l'Mntt .nci .ppurt.ncea the,.unto bel~lng M In anywi~ .ppert.lning tw.lo, .nd .11 ,en"', luues, proc.edo .nd profi'" lICC1\Ii~ .nd 10 acaue from ...id ptenlilft, .11 of whitt. ar. inel...o.d in 1:-" .bov. .nd fO"egoing description .nd habendurl1. TO HAVE AND TO ~ lhe .t><>- clesctibed .nd ~r.nted premlaes unlo the ...id MORTGAGEt:, i... .ucunon .nd ...Igns fonYat'. And the ...k1 MO!lTG"GOR for t. n P. heln. uacvton, admlnl.I,.Ion .rod 1..lgna, he,.b-f CO'o'eMnt. witl\ the ...id MORTGAGEE, ita .uo:euon Ind a..igns, that ill e Y ar e I.wfully ..Ized of the wid prami... in foa simp!.; thaI tho ...".,. ant f,.., cI.., .nd diKha,ged f,om .Ii liens and .n<um- br.ne.. In I.w 01' In equity, ..-.d that the y will ..nd t hA i r hein .nall warr.nl and defend the lill. to the some 10 the ...id MORTGAGEE, ita .uecenon .nd ...ig.... fOl'eve, against the lawful d.ILu .nd dem.nd. of .11 p.nons; PROVIOH'. AlWAYS that !f lhe MORTGAGOR ....11 pay unto lhe MORTGAGEE lhe p"omiuo,y nol. ~.Inbefor. descril,ed and ....11 truly, promptly .nd fvlly perlOl'm. discha'ge, UK.,t., complet.., eo<r.ply with .nd abide by each and .vary It.. ..ipulalion., .g'...",en.... c:>nditlons and covenant. of ...id ptOmillO"f nol. a:>d of thla Mortgage, then Ihl. Mortgaga .nd the tllal. ...,aby "'.Ited ....11 c.... Ind be null .nd void. IT IS UNDERSTOOD thaI the word "Mortgagor" whether In the alngul., 01' plu,ll .nyw...... In Ihil M<>rtg.ge, thall be .Ingula, If one only .nd ,hall be plural tolnlly Ind ......r.lly if more than one, and tn.t the WOl'd "lhair' II used .nywha,a in Ihi. Mo<Igage .hall be I.kan 10 mel" "hi.," "hen," or "ill," wher.va, the conta.1 ,., Implies 01 admlll. All<>. lhat whe,.VIO' Ih.ra I. . ,.f.,."". in lhe covenanl. and Ill,eemenll herein contli~ to .ny of lhe pa"1les Mr.lo. .he ...".,. .hell be eonatrue<i 10 mlln II ,..all .1 tM heln. legal '.p"...nlll;v." .ueca..OI'. .nd a..!gn. (ailM' volunlary by .~ 01 the ~rt... t)f (nvajunla/)' by oper.tlon of the I.....) "I the ...me .nd lhe! I~ cO'l.n.nll M,.in conl.ined .NII bind .NI the benelill and advantages Inu,. 10 the ,aspectl... hen. legal 'epl'eM(\lalivu. atr.:cnaon and ~..igns of In. p.rti.1 he,a1o. And Ilia Mortgegoll, fOl' them~I"'1 .nd their ",i,.. 1~.1 '.p"...nlaliv.., .u<.ceUOII .nd auigr.., .....eby jolntly .nd ..verllly coveMnt .nd Ill'" to and wi,h lhe u ,d MOI1TGAGEE, I... .ue-A'''''' .n<.! aulg"': !. To pay III and lir.gul., the p".nc1pal .nd Imarul .-..1 the VII'O'.Hl .nd IUndry IUrr.. of money plyab!. by ..i.we of ...;d ptOmi.--y nol., and thi. rnort~ag" each .nd -ry, p"O'T\pt1r on I..... d.ys '~PK'ively the ..".,. ..'...,.::y become due. 2. To pay .11 .nd lingul., the tax.., ..~men!~. I.vlea. Iiabillt;.s, oblij;!lliona .nd encumbl.ne.. 01 .v.ry natv,. .nd kind now on n,d tMlc,ibed pr~, 01' Ihat M,..ft... met be ilnpos.d, W#.,ed, pi aced, levied, 01' ......4<1 lhereon, 01 1n.1 he,hftor may ~ lavied or I,....ed uporl Ihil M,Qr''il" ag.. 01' the Ind.bredneu ...cured ....,eby, IIch .nd .very, when due Ind pay.ble. accO!dlng I., law, befOl'. Ihey b.coma d.linqu....', Ind before .ny inla,..I .Mac.... 01' a"y pan.lty I. incurred; AND INSOFAR AS ANY THEREOF IS OF RECORe THE SAMC SHAll BE PROMPTlY SATISFIED AN:l DISCHARGED OF RECORD ANI) THE ORIGINAL OFFICIAL OOCUM~NT (SlY.:H AS, fOR INSTAl-teE, THE TAX RECEIPT OR THE SATlSFACTiO'-l PAPER OFFICIAllY ENDORSED OR CERTIFIED) SHAU BE PLACED IN THE HANDS Of 5.AID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMP'H; .,ld in Ih. evenl .h.1 ..ny IM,eof il no' paid, ul;llied InG ditchargad uid MOIHGACPEE m.y at .ny tin.. p.y 1M ..me or ....,y part 'Mreof wllhout w.i..;", or affecti"ll any option, lien, equily o' ,ighl und.r 01' by virtu. of !;,i. mortgage .nd 1M full &m<>unl of .ach .nd .v.ry .v,;h paynwnl ~.II be irnmedi.l-'y due .nti i>>y.bla .noi .h.1I be.. i"l.rlll f,om Ih d... thereof unlil paid II ",. of nine pM c:enlU'1'\ per .nnum .nd .ogether with wch lnte;e.I INII be MCU(ed by 11,. li.n of thl. rnorgl~.,