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Pro~}dcd ~IWaY8, th,at if said .l~ortga.gor .shall pay tin;~"M~~~l~~~~~~~~~~~
the certa,~n promissory note} 0/ wInch the tol/oullng In words and /ll1"llreS IS (( tr/lt' C(illY,
to ~~it ~:~:: : ~'.-; ~~:J,:'~, 7~ ~~; ~;: ~~ I ~':.: :r; ~J ;_:i i'~~ ~~I j~: b} t: ~~; i-,f ~~: ~,~'.:; ;:: .: : , , "'~l'" :'" : ~ ~:i
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For vahlereteived. 't.~; Or e;thiir:of: Usi pi-tirnJ..: to '~y'';''''lthout defalcation, 10 the order of
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C~~~T~ucn~~ :~~~( ~tj~~~~~,';.l'~ ;p~~, ~i~, ~t"', .~m, 'of '$~l. ,a++t-ti'++ '
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int~r~t from date' et the fatO ~,~: Per annum; In' mo~thTy' 'Imta\hTie~t~' as' follow~:' .' : ' . , ,
. ) ~! 1 ._ . . r , ~. :-. : . I .' . : t -. :': ' \
196,.
H.AR~IS
with
$ ~ 00-...-0. on thei " 1 ~ i ; ;', : :' ::,' '; day' ~f' ,._~,; 1.' ',and a like sum on the corresponding
. day of each like succeeding'month thereafter for a'period of ~~ 'months, at which time the entire unpaid balanc~
~=;:;::.~:t;a:~$~tt&'~~~:Shall beld~~~' ~a;h ~ly~~n~ '~emaini~g unpaid 7 day. after its due date,
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: ; :_~ =_ : ~ ..: ~.. :: :- ~ . :..: t I. _"0 1 :. -.. . ~ ; : . .
Each installrrient firsfsliilrbe -'pP~ed in the payment of the in'terest and then on the unpaid balance of
, the princ;oal sum.. If dafault is madeirit~ paym~t of any inst/lllment .....herf duel then a.t the option of the holderl
and without any OTher n9tite, all the ,r~inlngln.tallment. .h&l~ be Qve 'and pay~ble at once, Privilege is given
.. to pay two or more Install~n" aHOY In,~..II~~ ,!,~Mlty dater-~t 'hi~ lhal! _~~! _ extend the tim~ of maturity of
',any subseq~ent'lnstlll~t, :~~:fc~a~slllor .~.pt~~ by .1M' ,~ider h~reof af~ei'~an,Y default in any
payment hereon. sh_1I b'e-deem~ extension. " :: " " .,. 'I" ~;' ; , ' , ,'. (. :', ,
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- : E~ '~eker, 'sQrety - ~nl:f endorser liereof, jointly, ~nd severqtty~ 'wahles demand,' presc-ntment, protest and
notice of protest for non-p'YrrnJ~t, and further agr1:eS to any extension of timlt of payment, either before or after
.' matvrity, withoot notice to e~Of -\is; ~nd to payalf MstS' of collection: including a reasonable attorney's fee in the
, event of any default here\!nder. /lnd ht' 'sby severally waives /III benefit of homestead and exemption under the
: Constitution and laws -of 'llchStllte ~f t~ 'United States',: csagllinst. this obligation o.r any .extension ,or renewal
-hereof.' ,.."._._ ;:-',:~;:.':....::- ::-1.:' ..:'::'~~."" . ,'" h .' .
WITNESS THE HAND AND SEAL OF EACH PARTY:
/./ Al~~s; ~1111.
(Seal)
/aI Lou1..- W111b
(Seal)
aud shall p('rfo/lll, ('olllply with and alJide liy ('t/ch alld ('rery the stipulations,
agr('('llu'nts, cOllditions a!ld COl'l'!lanfs of said promis.'wry llofl' llnd 0/ fhis deed, thCll
this deed and fhe {:!;fafe hereby creafed shall ceas(' a!ld IJl~ nllllull(ll'Uid,
And
fhe said .Uortgagor hereby covenanfs and ag'rees:
I
II
II
II
,1, To pay aU and sint"lar the prinei,;(]1 and inll'T/'sl alld othl'r SU"IS fll lIIf1/U'Y
pa!lahll~ hy I'irllll' of said promissory '/011' a1/(1 litis (!I'n/, fir I'ilhl'r, IJrfllllf}tJ.'1 1/11 till'
days resfJl'cfil'l'ly Ihe !Wl1lt' sa'l'rally l'nl1ll' due,
) Tn pay all and sinQular tlu' la,\'l's, assl'ss"/I'nls, Il'l'il's, IiI/hili/iI'S, I/!}Ii!ill/ifllls
and C/lrUl1lhraIlCCS of I'('cry 1I1l1llre on said d,'s,'rihl'd IJrnlJl'rly I,([,'h 111/1/ Cl'l'f!I, alld
if Ow same. be not promptly paid the said .;J[orfgasjre may af allY timr pay the sallU'
without U'aivill~' or aJJ'('cfillg the opfion to /oreclosl' or any ril)'hf IU'N'llllr/I'I', alld (TO,!!
paymeut ,'10 Trw(le shall bear inierl'st f'rom the dafe thereuf' at thc l'llfr of' 10
per cent, per allllll/n,
,1, To pay all and sins1ular the I'OS/S, dlllr!!I's (/1,,/ I'.I'I)/'IISI'S, il/I-I/(diJl(j IlIfrY"'S
fees, rea..'wllably incurred or paid at any time by .wid .110rtga!1N' /;CI'((I(S(' of till' /oill(1'('
un the I)art of' th(' said .Mortgagor fo per/orm, comply wilh and I/Mrl,' "y ('(((':1 01/(/
l'pcry the stipulations, agrccmellts, cOf/ditiolls and ('Ol'r'n(lllls oj soid IJl'olllissol'!ll/ol('
llnd this deed, or eiflu'!', and every such paymcllt shall bear l'ntc},l'st from dall' at thl'
ratl' oj' 10 pCI' cent, per allnlun,
---...
~, To ke(,!, fhl' ')llildin~ nn/(' Of hr'T/'ofll'f Ol/ slIid I./I/(/ il/sllud ill 11 .'11//11 IIfll
If~ss Ihan $S,500.00 in fir') 'l.fld windotorm l.naur'lnce
/)ollars, in (1 l'on/fJllll!! IIr 1'lIlf1flflll:"8 ill
be aplJrOl'Cfl by said ,lfortgagcc, and the fJolic;1 or polif:.ies held hy alld IJailaMt' fo sai,l
"lfortgag'l'c, awl ill Iht' CI'/'lIf allY snm oj' mOlll'!! bI'COlllf'S !il!ya/;!t' IIlldt'/' s{(ch fUJfil!! OJ'
potir-ies) the .lfuJ'tgagee shall ',auI' the option fo rcceive and appi!l fhe S(l1)1I' Oil O('('O{(lIt
of the indebtedness IUTclnj secured or to permit fhe ..Mortgagor fo r/'reit'(' alld IIS/' it, OJ'
any part thcrco/~ j'or ofher purposes, u'ifllOUf thl'rehy U'ail'ill~' or illlpai,.in~' allY /'IlUity
lien or rig'Jd lUldl'r or by virtue oj'this mortg'og'e, a!ld ])laY fllu('(' ([lid Imy JiJl' such
insllrance or any part thereof, withuut ll'aiuing' or nlt'ecfing the option to Ji)l'('closl' or
any right hereunder, and each und every sllch payment shall bear l:nteresi' fl'01ll date
at the rate of 10 per cent, per anman,