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HomeMy WebLinkAbout2637 ~~~~ 8 A }I ,', TFJ No.,___,__.______,__.__ $___1. aoo. 00 . ~tl"" /', './ .___m____ '') r-.L1JCTfT~~:KIT,--rT:~-.-- - ---------_r!:::.~,_f~L----m' 19__6-l.._. ._m____._~__7"" fro. date .--------------, __h_.________m___._____m_._____..___________________ --.----__h,~l I Le, for value received , '~h____'___h promise to pay to the order oL,--~-~---~._~~~.~._~~~J:.~.!..__~~...- ~~_.,~~_~___,~~___~~_.aM__OOL.log__,._ DOlLARS at _itb IDter..' ther90D at t". 6 da t- rate 01......._......, f'ellt. pe-f anDum fro.. --_.._.. . '~U"h" . Q':ltll I U P Dehrre-d Int.,...t P&71D1tftU t.o Ma.r Int....' fro. a.laMb aC.____._ per "nL ~r ~~~~~""'n'.' ID-~ · T d".... lat.r..t t.l'a,...~J._.n_m_..._ _h .__......m... n_. d . It. ......r. aD It nd 0... ..r. 01 lhl t. ~m&n(l. bot.c. 0 uon-p&ym.nt and prote.t. Ia. the ...at that thla Dot. iJ Dot pAid at IIlat it d h I Dl)te ..rt.., e.,-I'M' to wa..t.. th.. ftU,k..... and .edon.r. ...!"tOf ..,... to p.a:r aU eoau 01 colke"lon. IneJu.dlna all rourt co \I; 7 &Ad t. .&.IIl. b Dlaeed witb. aD aUom., for eol1.ctJoD. · · an .. r.&aonabl. attorn.,". tH. ..'m'___.__mh......___ (SEAL) Due , 19_____._ u __h (SEAL) and 3hall duly, promp~ly and fully perform, di!!charge, execute, effect, complete, comply wIL~ and abide by each ItIllI e\t'r)" th" ~tlpulatlOns, ag-reemelaL<l, condltion3 and covenant.~ of said promi3sory note and 0f this mortgage, then this mortgage and the e!!tate hereby created shall ceMe and be null and voId, It ill understood that each of the word!!, "note," "murtgagor" and "mortgagee" re.!lpectlvely and the pron- onn3 rdernng thereto, whether In the singular or plural anywhere In thl!! mortgage, shall be !!ingular if one only and shall be plural jointly and se\'erally, If more than one, and shall be m8Bculine, femlnlne and/or neuter, wher- ever the context so implies or admits, And said Mortgagor for himself and his heirs, legal representl\tlve!!. successors and assIgns, hereby cuven- ants and agrees to and with saId Mortgagee. his legal representatives, successors and a8!!lgns: 1. To pay all and singular the pnncipal and Interest lInd the vaMoUll and sundry lIum!! ot money payable by virtue /)t said promissory note, and thlll mortgage. each and ev~ry, promptl.. on the daYll resp.>cUvely L'le same severally become due, 2, To pay all and singular the tllJ'es, asseSl'ments. levies, liabilities, obllgationll and Incumbrances ot every nature and kind no'.'" on said described property, and/or that hereafter may be Imposed, suffered. placed, levied or asses3ed thereupon, and/or that hereafter may be le.ied or assessed upon this mortgage and/or the indebted- nl>1L~ secured hereby, each and every, when due and payable according to law, before they become delinquent, amI udore any interest !1ttaches or any penalty is incurred; and In SO far M any thereof Is of record the same shRlI be promptly satisfied and discharged of record and the original offIcial document (lIuch M. for lrultl:J1ce, the tax receipt or the satisfaction paper officially endors"j or certified) lIhall be placed In the hands of said Mortgag.'e within ten days next after pllyment; and In the event that any thereof Is not SO paid, satisfied and discharged. said Mortgagee may at any time pay the same or any part thereof without waiv:nl{ or affecting any option, lien, equity or right under or by virtue of this mortgage, and the full amount of each and every such payment shall be immediately due and payab~e and shall bear interest from the date thereof until paid at the rate of tE"n per centum per annum and together with 811Ch Interest 3hall be lIecured by the lien of thie mortgage, 8, To place and continuously keep on the buildings now or hereafter .auate on a.t.ld land fire and windstorm Insurance in the usual standard polley fonn, In a sum not 11'58 than $..___...,.....,.............,.........,.................... In such com- pany or con'p.,ni"s as may be approved by said Mortgagee; and all such Insurance policies on any of said build- Ings, any intt;(est therein or part thereof, In the aggregate sum aforesaid or In exce.olS thereof, l!Ih:.ll contain lhe usual standard m/)rtgagee clause making the 10M under ll&id policies, each and every, payabll' to said .Mortga-- gee as his inlereilt may appear, and each and every such policy shal! be promptly delivered to and held by said Mortgagee; and, not les3 than ten dl!.Ys In advance of the expiration of each policy, to deliver to saId Mortgagee a rt'newal th",reof, together with a receipt for the premium of such renewal; and there shall be no such Insur- ance placed on any of said buildings, any Interest therein or part thereof, unless in U!e form and v.1th the los!! payable 9.8 afore!\aid; and In the event any !!um of money becomes payable 11Ylder such policy or rolicies said Mortgllgee shall have the option to receive and apply the same on account of the Indebtedness secured hereby or to pl.'rmlt said Mortgagor to receIve and use It or any part the~eof for other purposes wlthout thereby waiving or impairing any equity, lien or right under or by virtue of this mortgage; fll'I.d In the event Mid Mortgago!' shall for any reason fall to keep the said premises 1\0 insured, or fall to deliver promptly any of said pollcle.ol of lnSHra!:.ce to said Mortgagee. or tall promptly to pay fully any premium therefor, or In any respect fall to per- form, dIscharge, execute, ('flect. complete. comply \\1th and abide by thIs cov'-:lant, or any part hereof, !!ald ~fortg- Ilg-ee may place and pay for such Insurance or any part the"~of without waiving or affecting any option. lit'n, e'juity or right under or by virtue of thill mortgnge, and the fuil amount of each and every lIuch payment shall be Immediately due and payable and sha!! bt>ar Int",rest from the date thereot tiIltll paid at the rate of ten per centum per annum and together with !!uch lnterest shall be !!ecured by the lien of this mortgage. 4. To permit, commit or sutfer no w&Ilte. lmpalrnlE"nt or deterioration of uJd property or any part thered', 6, To pay all and Ilingular Hie coat.., !:hll.rgell and expenses. Including real50nable lawyer'lI feu and COllt ot ablltmct.8 of title, incurred or pald at any tlme by laId Mortgagee bec&uae and/or In the event of the failure on the part ot the sald Mortgagor to duly. proml-'tly and fully perform, d1&charge. e%ecut.e, effect, complete. comply wlth and abide by each and every the lItlpulatlon., agreement... condltlortl and covL~ana of aa1d prorn1.5- lOry note, and thl!! mortgage, any or eIther, and uJd costa, chargell &nd expenaea, each and every, .hall be im. medIately due and payable, whether or not there be notice, demand, attempt to coUect or .t1it pending; and the tull amount of each and every such payment 1Iha11 bea.r Interest from th" date thereof unW paid at the rate of ten per centum per annum; and all uJd coall, charge. and IlXpetaeII 80 incurred or paid, together with .uch in. tereat, ahal1 be aecured by the lien ot uu. mortgage.