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Home My WebLink About0539 - ~ ~ G~ ~~xts ~ ~ /T"/ ~ IN ~A'f NEN p~P~RTf ~ ' ~H ~l. ~ R~EIVE~ f SS.L• NT1?N~ISl4' AE~ OF N~1. Dl~c pN CL~O +HN•1EI1t072 1 C:•Vf~ pU~~~`~' "t , CI t1c Ckcvi , ROG ' ~ ' y ~.115 M. J/~M=S . q: I?9co~ i'~ tox Gd~ , ~ St. } . ~ . y I ! p~uiY c?~K ; ~ ; ro~ath.. wi{~ ana sinNa. th~ t«»ments. Mn~tan~nts and ,ovurte~+~oa tM~nw b~lo~int o? u+ anywl~ .pp«l~1nM+~ Nii~Na «+d ' all nnts. Issws. p~oaeds and poNts aaruin~ and to aocn~ fran sdd pnmisa. all of which an Includ~d M tFr abor~ and 1or~oM+~ d~- sai~lon a~d habsnd~m?. • TO H/WE MID TO HOLD th~ sbow dacribsd ~nd aant~d pnrNs~ unt~o tM said MORTG/1GEE. its a~oas~o~s and ml~ns faw~r. ~ Md ths said MORTG/1GOR tor.L~~Lheirs. ~xeu+tors, administntas snd assi`~s. Fwrob1? oo~wnants with th~ said MORTG~l1it',EE. Its woo~s- sas and usip~s. th~t--------I~l~f-~E.~__~ _Iswfully siezed of tht said prandses in fee stmPk: thst tht sam~ an f~t. cl~st and dls- . cF~srged from all Itens and e~tumbrsnoes in law or in equity. and tF~t.-------- ~.~4'X. will and .__~~l hNrs sl+ill wals~nt and ~ defend the titk w the ssme to the said MORTGJIGEE. its woosssors and assigns. iorewr sgsinst ths tawiul tlsims and d~m~nds Qf ~!t pKSq~:; ' PROVIDED. /1LW/1Y5 that if the MORTGAGOR shali psy unb the MORTGAGEE the pranissay note he~etnbeforo~•describd. and ~ sh~ll truly. ao~wty a~d t„~N ~fonn, discha~e, exetute, corriplete, compy with and abide by esth and every the stipulatia~s.•a~reerrnnts. . conditions snd cavenants of said promissory note u~d of this Morttsge. then thts Mort~sge s~d the Estate heroby ueated shall cesse snd b~ null and vc~iA IT IS UNDERSTOOD that the word "Mortgagor" whetF~ in the sinQutar or plunl snywhe~e i~ this Mortp~e. shsll be singubr if a» onty and shail be plunl iantly and severally if more than one, and thst the word "Tt~eir" as used snywhero in this Mortgage shall be tsken to mean "his," "her; '•or "its." wF~erever the tontext so implies or admits. Also, that whereve~ there is s referente in the aownsnts and sgrzements herein contained w any of the psrties hereto. the same shall be oonstrued to mean ss wel! as the hei?s, k~al ~epresentatives, wa ceswrs and assigns (eithe? voluntary by xt of the paMies or involuntary by opention of the law) of the same and that the ~nts herein . oontained shall bind and th~ benetits and advantages inure to the respative heirs. legal representat(ves~ wotessors snd assiBns of ths , partias hereto. ~ Md said Mortgs~ors. for tF~an~selves snd their hein, legsl representatives. ~sors and auigns. hereby ~oiotly and sever~lly aovee~snt . and s~ree to and with the said MORTG/1GEE, its suttsssors snd assi~ns: l. To pay all snd sin~utar the principal and interest and ths various and wndry wms of mo~ey wribk bY vtrhis of said prornissory ~wr.. s~,e tr~: ~e~ge. e.d~ u,d erery p.«~~ti oo ~,e d~n ~cc~~N ~~,e seManiy e.oon~s d„e. 2 To pay ail and singular the taxes. assessments, levies, itabilities„ obliQations and inarnbrw+oas of wery tituro and Wnd now an ! s~id dasuibed PropertY. or th~t hereafter may bs imposed. wfhrod. Plxed. levied. or sssessed therean or that Mrcafter m~y be Iwiad or ' assessed upon this MortBa~e. or the indebtedness xwred heroby. each and every. when due and payabk aooordi~B to bw. before thsy bs- coms delinquent, and beforo any interest attacF~es a sny psnalty is incurred; and insofar u any tF~ereof is of record ths ssms shall be promptl~r sstisfkd snd discharged of rccord and the original official doaunent (wch as. for instance, the hx ~eoeipt o? the sstisfaction paper offitia~H endorsed or certifie~ shall be plsced in ths hsnds of said MORTWGEE within ten dsys next after psyment; snd in the eve~t tt?st any thereof is not paid, satisfied snd discharged, ssid MORTCAGEE may at any time pay the same or any part thereof witFaut waiving or affecNng any ~ , option. lien. equiH. or right ~x~der or by virtue of this Mortgsge. snd the full amamt of euh snd every wd~ payn+ent shall be inw~edlately . due snd payabie snd shall bear inte?est from the date thereof unHl paid at the rate of six~~(~¢ per ca+tum per srrw~n and toQ~ther ~ , with wch interest shall be secured by the lien of this mataaQe. 't • 3. To pixe md oontinuousiy keep on ths buildings now w hereafter sitwtod on said bnd and on all equipnsnt snd personalty oov- ~ erod by this mortgage, with sll premiums thereon paid in full, fire inwnnce in the uswl standa~d polky iorm. in a wm spproved by tFw MORTGAGEE, snd tornado inwrance in the uwal sta~dard policy fomn,in a sum approved by the MORTGAGEE. in wd~ oompany or oornpanks ` as tF+e MORTG/1GEE may direct; snd all firo snd tornado inwnnce pol icia on sny of said buildinas, smr interest tl~ein or part thereof. in ths ` sggrcgste wm aforesaid w in excess thereof. shall contain the uswl standard mortgagee clause or wch other clause ss the Matgagee may , ' require. making the bss ~wider ssid policies, each and evsry. payable to said MORTG/?GEE as its interest msy sppeu. snd each a++d ~ver1? ' such policy sFull be promptly sssigned and delivered to srd held by said MORTG/~GEE as further secutiy to said tnortgage debt, snd. not t ku thsn ten (10) days in ~dvsnce of the expiration of each policy. ro deliver to ssid MORTG/?GEE a ranewsl theroof. to~ether with s reteipt x~ ~ for the premium of wch renewal; snd M~ere shsll be no tire w tornado inw~ance placed on any of saW buildings, x~y interest M~erein or part thereof, unless in the form snd with the bss payabb u aforessid; ard in the event amr wm of rnoney beoornes psysbb ude~ wch fFiRC 251-1M-10-63-M O. R. ` . ,~~K :7'9 P~~E 539 ~ ~ ~ - - - - ~ ~ . ; k ~ F . ~ ~ . • ` -s ` - k _ . 4 ~ . ` ~ . , ~ . ~ . , ; • ~ • ~ ' ? p ~ • t . - : ` T . ~ - 4 ~ - 'r; . . , . ' . ~ - a~.