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Home My WebLink About1001 ~ - . _ • ~ t ~ S ~ ~ i i it tU ~DOi ~~I~? ~~E~ UpOO~ ~10~~ ~ ~iAd ORf O~/ f~ ~ A~ L~ld ~i ~!'EO ~lOm ~L lOC11ti1~O00l~ ~ ~~a1t~~f1lCil ~ if~1100i bp ~~d IDO' IQO ~~0 ~0 ~0 ~ ~ ~II d10 ~OCja~CR b ~ rOt~OQ1~I b0 .~a e~.c a~? ao ~y ...~t a~ a~ a ~aa ~a-.na a?m a~a ~ ~ ~ ~ ~ .n w~. ~ PROVIDBD ALWAYS tbat if tbe M ga~ ~.n ~n .na e~r ~.r ~a.~, c~ ~?c~a . bq tbst oastai,s~ p~o:y notR of evaa dst~e~~haewitL, muls by d~s Moctgsgors ~nd payable to tbe AnocLtioa, in the P~P~ SII~ THOT;fSAND EI(3HT HiTNDR.ED AND NO~00 p~„ ~ 6,~800.00___ sum vf r.hkh uoeq, together wtth interest d,e~eoa as tl~ spec~ed. is rayable in moathl,y in~allma~?es of._-----.-,--".-----. . ~~~~~~~~~~w~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ _ 14Q t1_~1_.._ ~s.._ 5s~ ~0 ~ on ~~__rw._.a.y oE ~d, mmtt? ooann~dng wtt~...March 4j 1964~ ~~~,b ~t~e b be applied. ~rst to,iaterest, and tbe b~Lnoe to pctndpal, until ssid inde~odaeu is patd in fdl. and sbaII pecfo~ao, ! ~ ~ '~th aad ab~Ws by each and anrery d~e ag~eemenb. coaditioro uid cov~enanb of utd pi+o~nb~oey aobe and~ . ~ m~o~t~$e, And+ ~odud~g anY ~dvanoas ma~~~the Assodation M die Maetgagoa, ae tbefr steooes~ors !n t[tk~ foe anY P~aP~ at any tEme baEve+e tbe rrlase aad ancell4tim af tbM mat$age. but at no time shall this mo:tg,sge sec~urs advanoes ca ao~ount of said arig6sal no~e ~ogetha with such ~dditioaal actvances in a sum ~ e~ooets of SIX THOUSAND IIGHT HUNDR,ID AND NO 100 ~~~~a~~ V, voo~ o0 n ~:._Do1Ln (i.--- as wny advances neceunry to pc~otect the sec~uity and casts, tbm this deed u?d tbe estata htsrby ar~te~d ahall cease and be nu and v~oid. AND THS~ MORTGAGORS DO henby am~oant and agree: " 1. To pay all and singu4r the and interest and od~er swns of monay P4Yable bY vlrtne o£ said promis~oc~? note and this moctgage~ o~ P~'mP~Y~ ~Ys ~Y tl~e ssme severaDy came dne, _ S. To pay all and. singular tbe ta~? ~ssa~neatr, ki?ks, liRbi~iHes. obligatio~s and incumb~cas of avery natuice and ldnd norov ao said deseribod p:opaty, ar that Laeafter map be imp~ suffered, plaoed. la~?jed. or assessed tba~eon, or t~t ~fter msy be levktii oc assessed upon tt~ -Mart~age, ar the i~~dlablted~neu sec~mecl l~reby, cach and avery~ wha? due sad pa bk. aooocdiag t,o 1aw, befoce tl~ey beoome tleliaqu~, and before any intaest athcLet a~a~yp~a1ty it incurred; and ~ as a~r tl?ereof is of :ecArd the same shalt be pe~omptly satisfied and discharged of reoo:d and tbe odg~nal o~al doamaeat (sucb a; foe ins~nce, tLe t~ :eoeipt ~aar the satisfaction PaP~ ~Y enclorsed ar aertlHed) shnIl be pLoed in the' hand~ af saW Asaociation as Moctgagee a?itLin bea days ne~ct after paymeqt; and ia the event t6at aay thrreof-is not paid, s~tisfied and dischargal. - aid Associatioa may at any ti~ne pay the same.or aay put thereof .without vva~vin~g ar a~ectlng anY oPHon. ]ien. equity o~r~ t ~mdar « by virtne of cbis Ma~tgsge, and the fuII amonnc of each and evrsy a~ch paymeot slmff be immedia due mdp~yabk aad sLall bear interest from tbe daLe thereof uatll piid at the rat~e stated in'tbe'note favrai ba~dby and d~ with s~ch inter- ert sbalt be secm~ed by the liea of tIIis Maitgage. _ 3. To keep the buildiag~ aad all equ~ipment and ~ersoaal prapaty naw or bere~fter on said pc+emi~es oavered by this ~ge, i~ued in a s~mn equal tio at lea~ the amount of-tbe ge~ a an amamt ~t to aompl .wlth any oo-intur- anoe~c~equuireme,nt covaing tl~ same ~mdar the laws of the Smte of ~F~' i. oo~rerh~g bas from both fire ~~storm, maldng the loss ode: said polides, cxich and every, PaYable to tLe AasoclaHoa. as matSaBee. as ib iaterat ma appear, and said ~aturmce shall be in a good and responsible in~anoe coonp~ny satidacxo~? to satd As~odatlon. and wn'tta? Yby a;~aodble locat agmt sa~? ~o said Associatisn; and tLe policy or poliaia ahall bear a standard moe~tgage chnse withopt con tiaq and sball be held by the Asso~ciation, and, in the event any sum oE money bec~nespayable under snch polii.y ar policies, tbe Association sball have tbe~ op~on to ra:eive and apply~the same on sooamt of the indebtednw bareby secvred, or to penmit tue gc~ecs to reaive and use it, oc anY Pait thereo£ foz ot~er purposes, widwut tLaeby waivL?g or im~airiag any aqnity, liea, ar ri under thereo a~ by virtue of this mort8age, and may plaoe a~d pay for ~h ~ranoa, or aay part ~f~ereof, wjtbout waiving or ecting its opt~on M faeclo~e, or any right ha+e~mder, and the full amount of each and evay such payment shall be immediately due and pnyaWe and s6a11 bear interest from tlie date thereof until paid at the rate stated in tt,e note sec~u+ed hereby and together wlth sucb interest shaD be sec~u+ed by the liea of ~his Mortgage. . . 4. Toperm~t, oommit, or suffer no waste, impairmeat or deterioration of said proparty, or any put thereof, aad upon the b3lure of the aortgagors to keep the buildin oa~ said pz+ope~ty in good condition of repair, the Associatioa may demand the ~ immediate repair oF said buildiags or the iuuned ate repaymeat of the debt hereby sccured, aixl the fa~ure of the ma~tgaSors w aoa?ply .~h saia a~ana of tl~e A~o~ation for a perioa of Thicey ~so~ aays, sban cons~tute a breach of tbis and, at tba option of tbe Association, imn~ediately mature the entire amount of pru~cipal and iaterGSt secured,a Associatioa, immediately and without notfce, may insHtute pmceedings to foreclose this mortgage and app ,~}v or the appointnneot of a Reoeiver, as be~affier provided. F 5. Thi: moctgage oontract provides for additional advance~ which may be made at the optlon of tbe associattoa and ~ bY ~~8a and it is ag,c~eed that in ihe aveat of sueh advanas the amount may be add«1 to the mortgage debt and sbaII ~raae die un~d balanoe of the noee ha+eby see~n+ed by t~e ammmt of s~ch advanee and shaA be a pnrt of said iwte ~tednas under all the tcnas of said nobe and tl~is oont~act as fuIly as if a new such note and oo~tract were acecuted aad ddivered. An additional advanoe agieen,eat may be given and aoxpbecl for snch advanoe and prov~don m~y be made for different manthlY P~Y~b and a di~arnt inta~st nte and otheracp~ modificxtions of the eoatrac~~ ~t in all other rapects t . ~ ihis oontract shall remain in full foi+ce ~nd effect ss to said iadebtedness, Includiag aII advanoes, ~ s. ~ ,~y ~ ~ ~ ~ ~ ~~a ~ ~ ~c ~rur ~a ~ ~ z'~? tso~ a,?y~ ~ ~c~ i~ ~ ~ny ~ a~ ~a ~n~. ~ ~ ~ ~a ~y c~at~p~~, .aa ~na ~ ~a ~ pe~o~nissory nobe aucl this deecl. or eitLe:, are not duly perfor~ooed, eomplied arith and abided by. tbe agg~+egate run meatianed ` ia satd promisso~y note and any otber ainonnt or amovab added to tLe moctgage ~ ~mda tLe term: of tbis mo~t~age ~ = sh~D beoo~e due and pavab~e focthwtth ar thereafter at the optioa of the As~ociation, as fnlty and completely? as if uid aggreg,ate ; ; ~a~onay wu origiaally stipu4~ed to be p4id an s~ch day, aaything in safd promis~ory note o: herein bo tbe cmtrary not- i ; & w 7. To ddiva to tbe A~sodatioq on as before March 15tL, of eacb Y~. ~~P~ ~8 ~ P~YlO~t of all hw- _ ~ ` ~Y~ P~~S calwdaryear; to deliver to the Assoeiitiaa reoetpb ~g the payment of all lkas ~ ~ ~d~ da~t ~Y (90) day~ after the same sheII beoome due and p~yabk, and to pay or disc~arge witbir~ ~ nf~j' (90~ Ys epY and all 8ovanmental ]~vles tbat may be mada an tbe moit8a8~ P~PMY• on this mortgage , ~ or notet er in any other way iesulting from the mortgagp i~ideb~cdness aec~u~ed b~? thb a~ortg,~ge. ~ ~ - ~ , € ' ~ ~ ~ _ ~ ~ ~ ~~R~ 8~ ~ 30i f ~ - ~