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HomeMy WebLinkAbout2950 . . ~ ~ ~ ~ ~ THIRTSSNTH: Tba! tl~ia indmtaer and obHntion ahall bs and semain i~? inlt fora ~?ad d[ect and in uo wis~ b~ ~ impatred uatil the actnal paya~ent to tht a4oztts[ar ot all anms ~scused b~seD~y, and tlut ix c~ ot ~ ale or transter c~ { any oi the awrt~ared properd os in ase of aN asr~ament eztendtt?~ the tid~e or inodii~ir~ W~ te:ms of payment ~ berein recttcd or ia casa any put or p~sts oi the wortgaged pruperty are rel~ased fiom the l3W ot tl~is mortga~, without consent ot the mort~asor the suld mozt~s~or ahall not ta anp such event bs releR~ed. relieved or disedas~ed ho i !he psyment of an~ oi the sums eecured hereby. bu! in such e~ent the mort~a~or shall nevertl~elaa contiau~ liabla to ~ pay such aums aocordin~ W the ternu oi auch extension or nnodiflcatiou and notw3tl~staadit~ tbe malcins oi any such partial • release or releases ualeas said mort~a~or b~ expressl~ relea~ed aad disehns~ed in ~rritint by the mvttsa~. ; FOURTBBNTH: The mort~ages may resort ior the payasant oi tl~e indebtedness aecured hareb~ to its ~ereral aa • 1 eur(ties th@refor in such order and taanc~er as it ata~r thinl~ ~t~ and au~ at s»y time releaas ady poliq or polieies oi lif~ inaurs?nce as collsterel aecurity for the pqymeet oi the indobtedneas secured bereby witbout re~rd to the eonsideratioA ~ tor auch release and/or may accept a ne~ar policy or poticies ot tife it?suranoe In place thereoi for auch amouat or uaounq and in such form as it mayreguira vrithout boing aocountsble for so doing to any other lieaor~ u~d it is ~se~sly u~de~n• ; stAOd ~nd agreel that ii any oi the said poltciea oi llfe inaurana ah~ll be cancelled or relea~ed und a new iey or ide~ ~ oi lifa insurance shalt be aubatituted'in plaee therrof. Lhe mortga~or ahsll keep such new polic~ or policies tn i~iorc~ ~ end eQect until the indebtedneas aecured heseby is fully paid and s~tia$ed aad in default thtreo! the enttre indebtedt?ees ; seeured bereby shall. s! tl~e option oi ths tnortgages, become due and psysbk fort6wIth snd ~rithout aotke. FIFTSBNTB: This mort~s~e slul! become dae and paysW~ forthMth ~t ths optloa of the r?ort~a~es i! tl» ~ mortg~gor ahall con~ey sway sa3d premises or it Lhe title Lheseto ahall beeo~as vested ia ~ny other p~non os pnrsons # in apy manAer whatsonver. • . . 31RTBSNTH; In ths event oi the death ot tire insnred. tJre entirs indebt~dnass aeenred hereb~ s1~aU tl~erenpon b~. ; a,;Y,,,, ooms due snd.pqyaLls, and ancb suaa for wbich the mortYagae may bs IeQally liable on said policy or policies oi lifa insurana os any polic~ or poltcies aubaLituted in plue thereoi, or an~ policy or policies held as eollaLerat bereto. or ~tny di~idend~. dIridend addilions or dividead aaumulations in eonnectioa wttli a~ po~tey or policies held as eollateral hereto. ahall bs ' spplied to the ~yment of the indebtednes~ aecured hercby ~ i?nd in case a surplus ah~ll ramsin aitar liqnidattns s~id in- ? debtedness. it shaU bs psid oter to whosoe~er is Lwtulljr entitled thereta - • ~ 3SVffiVTSSNTH; That the givIn ot written notke addsesaed to tbe owners o! reoord oi the aaort~a~ propert~ { or addressed to Lhe e~id owaers at their ~sat address actualur furntshed to ths anortgasee, or addreased to t6e owaers at ~ aatd mortgaged propert~ aad mailed b~ Uaited Ststes Mail. shall bs aalBciaat aotiee and dem~nd la aay eaas ariain,~ ~ ~ nnder this inort~age wbicb may be requix~ed by ffie pro~ta~ions hereoi or b~ Lr?. • ; ` I3IGHTSSNTH: IT I3 FURTHBR AGRBBD, T6st ali parties aigaina this obligali~ shall bs~ointl~ and ssreralb ~ lisble to the mortgaQes and thst all t6e oorrenants snd sgeeewenb oi the niortga~or herein oontatn shaU rsLend to and bind hia euecutors, administratora, heira and sasigns, snd shaU inure~ to the bene8t ot the mortgagee. ib suceesaor~ - and asaigns, and wherever the eontext hereoi ~o reqnires oz admita all refereaces herein to the mortgagor ia one n~mber alwll 6e deemed to ezten~ to and indude the oWer auraber whether plusal or sin~alu, and the nss oi an~ aandsr sLall bs applicaWe to a1T genders. • i - . ~i . ~ ~ ' Pro~ided, however, thst upon t6e ps~enent oi the ind~ness kcnrsd l~reb~ and fhe perioraiaaos oi a11 ~M oo~eaants and oonditions contained herein and in eaid note,, the a~id mortga~eo will execata and deliver to t6e mortgator an instrument su~cient in torm and anbstanoe to enable the mortgagor to cauee this instrament to be satislted or diachareed I " oi reeord. it is agreed. however, t2ut all rcoording and other expenses incnrrad in effectina sneh aatidaction or discbas~ ' - ahall be borne by mortgagor. f. ~ ~ IN MTNIS.S3 WHEKBAF the said mortga~or has hereanto set his hsnd and eeal the ds~ ~?nd year ~rst above writtea. 3igned, eea ~nd delivered in i, ~ tl~e o!: ..~rC~~~.....».. .....~Z~ • N , • ~iR..~%~~.. . . . . : (SSAI.) STATE OF _..~~~.A? ' COUNTY OF ...~5.~l~!T~..~,t~T.S._. i, s Notary Public, do Lereb~ cartily tbat ~L~L~.~.....G~~~..a~~ C~ER,RX.B.... CENTER, x~i~.............._........................ ~ peraona117 known to ~ to be the iadividnal.~...... deacsibed in and who ezscnted the loregoint mortsa~s deed, this da~ personall~ sppeared before me and aelmowledged betors me thnt ..........~g.y eieeuted said mortsars des~l , for the purpoaes thereia mentioned. • . ` , , And I lorther oertify tbat the eaid . ~'x~,r.~~Y. ~,....G~~!1~~~ person,alr )cnown to me to bs tbe wiia oi ssid~..... `iffi,~~..R.. ~~T~~. . nawed .in said mortgage deed, and one of the mortgagors thenin, -did this da~ peraonaU~ sppeas batore me, iutd on a 9 private d aepantA eumination this da~ tskea and made beiore me, sepanWy aud aps~ le+om her ~sid hwbaad, ' di~ , that she msde bersdi a pssty to aad azeeated said mort~s~ deed !or all tl~a p in said mostga~ fp 'snd that she aceeuted We ssma ireel~ snd roluntsrily and w~thoat aa~ eomp n oa. eonstraint, aPD~ . ; liens n• bf Y.~1~ irom bez s~id husband. ~~I! ~~~9YS$B~OF, I bs~e herecmto seR my l~and snd s~ed m~ o~dal ~1, ia tbs Co~mt~ aL ~ SS~AL and 3b~ta oi .........».»......~~.Q~~.S~..............»....---.......»».............». this »....1 s t........ dy "s oi t :.:.~?~~C.......: M~ y A. D. 1 9..~!4..... . "s ? ~ „ ! t. i . ~ '••'r.- t~ fll AND REC R ~ _ .~.~c ...~N~~ ~ 0 b~~ ~ ~ • •i~ ~9C0I~ commisdon ezpires: 3-24-68 ~ $TATl~ e-~y ~ 0 ~ 3 ~ COUNTY OF ...»....».».».~.~i..~»..(~G~t.~AY»~....~~~~0 ' • - ~7 It_ Notar~ pnblie,~b . ,,,,a . peisonaiq known to ms to ~~ii~, ~s~cated th~ iores+oin~ mozt~a~~ser~,,. tbis d~7 t~he~ea~7 ~ress~ed.~ beib~s ms~~llE~~~.~4.R.~~oa.. .....'weated ths ~aid mo~tsai+ deed ~.tba',pnrl?a~es ~ • ~p ~ ~ i . . :r,. : ~ IN WITNBS3 WHSBSOF. I bsro hereoato ~et m~ hsnd ~ad a~ed ap o~lelal sal in tb~ Coant~ at . aad stat. o? tab ~ ~ ; ~ 1 of 19..:..:...:.:. ~ . . . Notas~ Poblk - l[~ Co~asisdon apire~: ~ x 87 54~ - . - - - . _ . - _