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HomeMy WebLinkAbout1342 l4U;oo,,~~~__~,,^-\1 'lJ&tt'.~..,-_.... t:: t wbca re....... ( O. R, ~rLk 58 f ~.r,{ 639 ST, UJC![ C~UlnY. ~lA" ;~:::;::;::::;:::::::::;!!!!!!::::!:::::;::::::::::;;:;!::!;::!!!:::!!:!!:!!:::i;;!!!!!!!i!!!!:!!!;:!!!!!!i!!::!!!:!::!!!:::!!::!!!!!!!!::!:::::::!!!::!::!::!!,!,;!!!!!!!!!E!!!::!::!:::::!!;;:::::;;!!!!!!!!!!!::!!:!!:::!:!:!!::r:r'T:::!!:::;!!:::!!!:!!:::::;;;:!!;::!;!::!:::!!jij III ~o~~~~~~I~!'~~_~~~~~';.'!'~ ~llS . \~ m .~ ~t'JIQUIAIK).BQIlOO~. ,.F.I,." ...... ........ ... DOLLT..RS. m [:~ at tbepZ.-J.,.J!..'V, ~...r...'..'JI..I'k1I1dM,.. 8 .or luch olher place a. Ihe holder HI [:j h.r~~'~aJ d..i~ale In writing, log.lher wlJh inlerell from date al Ihe rale of . .. per cenlum ~r annum on Ihe unpaid m ijl balance unlil mahully, The ..Id principal and Inln"1 .ban be due and payable - ~. T \~! $150. a a ~ ... ant "*".... w.~ dIIe c.- ~ !10m date. aDd euXw-. for e.cb j~l m month Ld'...a. aII1 paM. 'DdII.-m. d. $1&6. a paid ~ ~ IIbaU fI:I'IJt be endltad H~ jjj to ~ .. tile ~~ to a. 1M~1dpttJ <'I. tbI&J oh3llptJon. 'Ihts DOte mill be pre- jjj il: lUlaUIIJ time .~~ ~~ ,J~ ;~ iil.. UV-\-- w ::: so f ri i 1 . t t IIU\ p....t t~er.of the .hole .u....m then umalnln. ::: :~~ If d~f.ult be- made for___...."... day. In th.. Fayment 0 n.t.l1m~nt 0 p Fn~t~:. ~~ l:x:~:;... o~u'b" option. _ball -Dot conltitute a waiver of th. m ::: ullp.aid with inter.at .h~1 at bold.r'. option b+come du yule wltbcut a.oUb.. h rincl I and accr\l(..od Inter..t .t".U b-&ar intereat at ...U..... per ,.ntum ::: ;:: rl.ht to, ..xerel.. the ..In. III the ~V.llt o. .ub..qu'f'~i'.ult. :ft:h mat~rity d o~.!.. Dc:tlce 0' non.p.aY.IIIenl and prot..L If thl. Dot. I. Dol p~id at ::: ~~; per annum until p.ald. ,Th., ~ak.rl.t'" an. etD,doner., 0 col~ti:~e thU: m~k.":. ::. ;ndora".ra hereo' .,r.. to pay .11 co.t. 0' collection" iacludlnl. .11 court m ::: maturity and. the a.am. I P &C~ W II aa a orae7 or " h f,' Hi m coah .... .....oD.~I. .ltom")' fee.. / /1 ' ,J1 ,--~' m .. C;;.. r<~~, CL."'~'....,' ..(SE...Ll ;;; 51, If~ ,:" ......~ ," , ....(SE...L) g~ i:! ...(SE...L) m:::::::::::i:::::!i:f::: ~ H:H::H:::::H::::::~:::::::::::::::::::::::::::E::;::::::;:::::::i;:;:n;;m::ii:::::::n::::::::::::::::H:H:iHr and ah&11 duly, promptly and tully perfonn, dIschvge, execute, eNect, complete, ~~mply Wtth and abide by each and every the stipulaUons, agreement., condiUoIUI and coven&nta of s&1d promiasory note and of this mortgage, then th.Is mortgage and the e.state hereby created ahall cea.se and be null and void. It III understO<'1 that each of the word8, "note," "mortgagor" and "mortgagee" rea~ctive1y and the pron- oUllll reterring thereto, whether In the lingular or plural anywhere In t.h1a mortgage, ahall be IIlngular It one only and shall be plur&1 joinUy and lMlvcrally, If more than one, and .hall be m"~e. femlnlne and/or neuter, wher- ever the context 80 Implie. or admit&. And said Mortgagor for hiII18elt and his heirs, leg&1 repreeent&tive.J, IUcceuora and U8igul, hereby coven- anta and agreea to and with aald Mortgagee, hU legal repreaent&tivea, IUcceaIIOl'!I and aulgn8: 1. To pay all and singular the principal and Interelt and the VarlOUl and lIUIldry IUll18 ot money payable by virtue at &aid promlll8Ory note, and th18 mortgage, ea.cb and every, promptly on the daya respectively the lIame 8<;!verally become due. 2. To pay &11 and lingular the taxes, a.saeumenta, leViea, liabllltiea, obligatioIUI and Incumbrances at every nature and kind now on aald de5Crlbed pro~rty, and/or that hereafter may be lmpoeed, 8U.ffered, placed, leVied or assesaed thereupon, and/or that hereafter may be leVied or UIleIlaed upon th18 mortgage and/or the indebted- ness .secured hereby, each and every, when due and payable according to law, betore they become delinquent, and betore any Intere.st attachu or any penalty !.II Incurred; and In 80 tar all any thereot ill of :-ecord the same shall be promptly satl.8fled and discharged of record and the original ottlc1al document (lIuch &II. for lll8lance, the tax receipt or the satl.8faction paper otficlally endoned or certified) ahall be pl&l'.ed In the hand!J of aald Mortgagee withIn ten days next after payment; and In the event that any thereof !.II not 80 p&1d. lIatilltled and dIsduU'ged, &aid Mortgagee may at any time pay the lIame or any part thereot without w&1Ving or aftecting any option, lien, equlty or right under or by Virtue of th!.ll mortgage, and the full ':-..ount of e.ach and every IUch payment shall be Immediately due and payable and 8hall bear intere.t nOl., the date thereot U:ltU paid at the rate of ten per centum per annum and together with such Interut 8hall be IeCUI'ed by the lien ot thlt mortgage. S. To place and continuously keep on the bull ding. now or he~ a1tu.ate on said land tlre and windstorm lnaurance In the u.su&1 standard poliey form, In a IUlD not lUll than r,L.,cJ:..Q.~_Q,..--:::::,..,_......_._..,...__.., In IJUch com- pany or compr-nles as may be approved hy aald Mortgagee; and all IUch !.wJura.nce policIes on any of said bulld- Ings, any Interest therein or part thueof, In the aggregate aum alore3&ld or in exceas thereof, 8h&ll contain the usual standard mortgagee clau.ae making the 10M under aald pol\ciea, el.Ch and every, payable to said Mortga- gee as hili interest may appear, and e&ch and every such poliey ehall be promptly delivered to and held by said Mortgagee; and, not lell.!l than ten daYII L'1 advance of the explraUon of e4cl1 pollcy, ~ deliver to lIald Mortgagee a renewal thereof. together with a receipt for the premium of such renew&1: IInd there IIhall be no IUch Insur- anca placed. on any ot sald bWlc1lngs, any intereat therein or part thareof, unleu in the fonn and with the lo.s~ payable &8 aforesaid; and In the event any IlUm of money becomes payable under such polley or pollcles sa.ld Mortgagee IIhall have the opUon to receive and apply the aame on account of the indebtedneu secured hereby or to Pl'rmlt sa.ld Mortgagor to receive and use It or any part thel'E:of for other purposea WIthout thereby waiVing or Imp&1r1ng any equlty, lIen or right under or by Virtue of thill mo:-tgage; and In the event 8&ld Mortgagor sha.ll for any rea.wn fall to k~p the !l&ld premIses 110 lll8Ured, or fall ~ dellvtot promptly any of wd pollcles of lll8Urance to lI&1d Mortgagee. or fall promptly to pay tully any premium t~;1'refor, or In any respect fall ~ per- fonn, dl.scharge, exee:uu, effect., complete, comply WIth and abIde by thl.8 CO"'l'iilUlt, or any part hereof, sald Mortg- agee may place and pay for roch llUl'Urance or any part ihereof without waiving or affecUng any option, lien. equity or right under or by virtue of thlJl mortgage, and the full amount of each and every IJUch payment "i,all be Immediately due and p&)'lO.ble and shall boar interest from the date thereof untll paid at the rate of ten per centum per annum and ~getht:r with such Interest ."..AlI be !tecured by the lien of ~ mortgage. {. To permit, commit or S'.1lf~ no W&llte, impalnnent or deterioration of saleS property or any part thereof. 0. To pay all and alngu1ar the C03ta, ~ and e~r.aea, including reuoIablll lawyer'. fees an~ COl!It of abatracta of title, incurred or paid at any lime by aald Mortgagee becawIe and/or In tha event of the fallure on the part of the aaJd Kortgq'or to duly, promptly and fully perform, dacha.rge, execute, effect, complete, comply with and abi~ by each and every the 8t.lpulaUonM, agreementa, cond1Uc.ru1 I.D'i OOVen&nUl of said prom1.&- IIQry note, II1oI1d thU: mortgage, &ny or either, and aald costa, chargee and apen.Gee, each and every, ahall be 1m- me1lat.ely due and PAyable, wbetbe>' or not there be notice, demand., attempt to collect or 5Ult pending; and the tull lUllount of ea.r.l1 and every lUeh payment ahall beu Intere&t tram the date thu'eof unW p&ld at the rate 01 tell per centum per annum; and aU aaid 008ta, chargeI and ~ 80 LDcurred or paid, ~.ether with IlUcl1 In- tel"ellt, ah.aU be aecurec1 by the lien of t.ha mortga.p, 4