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~L iIl dIDO~ ~.1.. ~ ~ ~ ~~0[ 11p011~ 2q~~~ ~ AIjO~? ~ ]~tld~ ~ l~ }Y~ ~i ~+00 ~i~OW ~ 0lfCNRibf~O00ij .
d~~ ~~~~'3~ ftlet~tR ~IOOt ~~d Loi'r00~ t~ b~ Ln~ !R tb0 A//DOjatjGll ~f m~ ~f0~fi~? b0 • ,
~~.pa~, ao f~U~? .~au.nc a~s ~r m Lna .na wm ae~na tbs .~ans a~c ths ~,~fW aa~s oE : i
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- PROVIDSD ALWAYS tla~t i~ d~s b t,~ shsll w~eD ~nd t~n~ly P~y va~ tl~s A»bdatjao~ tLs i~debtedna~ a~vide~~osd ~
bp tb,c oe:a~n proaitwo~y ~obe. of arm aa~e~ be~rdw~L. a~ae by ab M«t~goR .na payabie to tbe Aaiod.aao, m cbs p~ndpia 1
SEVEN T84tJSAND TWO HUNDRED AND NO/100 ~w~• ~~i_.~.aQQ ~.QO
sum af _ -
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wbich ao~e, toget6er with iatare~t d~e~eon at t6erein sped~ea, b payabls la montbly ~aUmaab af ~
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` FIFTY-EIGHT AND NO 100 58.00 ;i
r ~ EJ
an the._....14~ day cf e.ch mond, c~neodag Juae 14, 1964, ~ ~~b ,
are to bs p~ 8~t to intere~ and the balanoe ~ p~ndpal, ~ uid. ~~e ~ p~ in fall. aod ~ll pae~o~aA. I
E v.ith snd i~b~ e~ sad d+reu~r dre g~ ti, ooaditiom aud coMaou,b~ of aid pe~omt~oep ao~s u~l~
a~atg~agq AAd, ~ anp uidranoes aa~tLs~l~~an ~o t6e Matbs,~. ac t6efr wooaNas ln t&~ for aay P~P~
~ at aay tlms be[ors tbe rele~se and anoel4tioa oE tMs mat~ge. b~ at no. vme sbaIl d~b n~aetgaas se~e~e advaaoe~ on ~oeonnt
oE iaid ~Insl note toaetber with such ~ddttjawl advanoes in a swn in a~oe~s oE ~~~_'I'HOUSAND
1
~WQ HUNDR,ED AND NO/ 100 _p~y~ 200. 00 „h, ~
p~
to protied ths secudryr aud co~ts, t~n tba deed sad tLe ~tat~e ba+eb~? a~ated :6aD oede ~nd be naA ind void. _ i
AND THB MORTCAGORS DO Lerety c~nra,ea~ and a~~ee: i
~ 1. To p.r aII ana s~?g~e tLs ~.oa iat~c ,u,a otber s~ of mona~? p.r,?we b~? v~t~rs af ~ata pc~mi~o~? no~e
and thb moctg,ege, at eitber, P~'~P~!' ~ ~Ys :'e':pedfi"ely d~e t~me se+r~aUy oome dna ;
aod ~b~anoes af manre ~nd land :~V ~
S. To p?y a1t and s~gvlat tbe tazes, ~n~R k+?ie~, b~~~ob~o~ a~e~y ~n
na~r an sdd dexxtbed~~
g~o «ty. c~ th.t bero.Poer matl~s~in~elit~dnea sec+Qed o~ a~.eaed thee~eoo, a tL.t ~ter I
md wban dus snd
h ~a p
~ia
ord:inS to hw, befa~+e thay~6eoome deli~
t~ and befae an~ fnta~at ath~~s
o~ aa p~
~h~~ ~
~
~ a~eoE is af reoo~a a~e ~n~a slau be prompay s~~ea a~,a a~gea af reooea .nd_tbe '«i~lt c
a~„ foc iatbiaoas, dre tu rea3pt or tbe s4t~faction P~Per a~dallp endoaed a ceetlfied) sbaII be ptiaed in tbe lnncb vE ~aid ~f. i
A~o~.~iatia~ as Maetgagee within tea days ae~t afta P~Y~l~: and ~ the ene~t tLat aay the~eof is not p~id, wtisiied md dbdiarged,
~a ~c~ ~r u .~?y ~ ~r ~ ~ ~ ~r p.=c ~ ~cb«~c .~w~ a ,~r ~ ~~r a t ;
n~er ar by v~e aE tbts M g~, aid tbe fuA an,o~mc of a~h aad evay mdi paymeirt~~ sM. bs dae .ndpayu
and sha11 beu interest b+om t~
da~e thereof ~mtn paid at ihe rafie shGGed in the ~ote secimd I~eby~iu~~ to~jg~er w3t6 wch inter-
ast sball be sec~a~ed by tbe l~en of this b~a:tgage, i
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3. To laeap dw building~ and all eqnipa~ant and persoaal pcoparty no~w ar ~ar m dd pe~e~nbes ooMe:~ed by thit i
ao~t$age, insured ~a a snm equa! tio at laut tbe amow~t oFtfie ~ar~ ~aat eo compl~? ~
8
~ anoe ~q onvaeiag tLe same under t~e ~ws of tbe Stete of loss f~o~a bath fi~e aad tbe
loss u~
a d
e r s i i
d polic~ cach and cverr. PaYable tio t
L
e Assodadoo• as a~o~tg,~gr~ aa ~ i~ereit aar appear, w
d ~
a
i
d io~a~anos ~1'
:ball bs in a good and re,spo~ib~e in~uanoe oompany sa~cEory ~ ssid Amodatioo, aad wdttea liy a Ioal
. to s~id A~+ociatian; and tLe policy ac polic~a s6atl t~ar a~d mo~tg?~ge da~se w~tho~t cont~and ~ _
he~ A~oc~tioo, ana, ~ tbe ev~ac a~? s~ of moae~? ~eca~oe.pa~nble ~r,~cn p~c~? a pakie., tbe A~odatbn-sh.n .
hav~e opt~on Lo recefve and apgl~? the same aa aooo~mt of the indebtednese, bereby? sx~x~ed, a to pamit dis ~ tu
reoei~re and we i~ or u?y part tt~aeof. faar otlser p~trpoaes„ without tha~eby w~tvia8 a~ aap a4~'. lien, a~~~~~
, and by virtne of this ma~t8=8G ~~Y P~~ ~ P~Y ac ~ay p~et
1~ wftbout waivL~ w fb
option tu fai+edae, as any ~ht ha~e+mder, and the fW! amount of each and ev~ry snch payment s6aD be icnmedi~bdy due ~nd . -
s~i,ch~ inta+est sball sec~~e~ed tbe liea of ~his M untn paid st tbe rate stated tn the no~e sec~n+ed benebp aad ~oget~r with
trY at$aS+e•
4. ?o p~mi~ oommi~ oc sa~er no wastq iu~painnent e~ detaiaatjon of sajd pcope~ty aop P~t diereo~ upoa ~ ~,4"
the ~ of tbe nwctg~?gas ~u beep tLe d~ an said poopeety tn gooc't oanditioa aE repatr,~tbe Aaodatioa.may deamfad tbe"
immediate , oE said bu~iag~ a the~ f~mm die
~ate rep~ymant of the debt~a~eby sec~n+eci, and tbe fiIInro eE tbe mo~t~goes
to ~said dem~d of tbe A~socl~tioan far a paiod of 1`l~ety (30) da~?a, tLaD ooa~t»te • be~c1? oE tht~ matg~
gq, _
ux~~ option oE tbe As~odatioo, immediately? matore the eatire aenn~mt af peinejpal aucl inoerast~~,y :ec+aed, and die j<'
Assoetatioa, i~amediatd~ and witho~uR notioe, may institute peooeedtngs to~foreclae t~t matg~gs ~md eppl~? ~or tbe appo~meat 1-
oE a R~eoeiver. as 6a~ei~e: pe~videcl. . E
~ 5. This maetg~gs oonhtiet pavid~s fa :ddit~aal sdvances w~ieh may bs arde at tbs optioa af t6s a~odatbn ~d
~ se~d b~? t~ moe~ge. .na it b.~+eea rb.c ia a~e aveec of s~ ~a,n~ace~. ab .moaac m~? be :aaea ~u sLe mo~g. aebc =
~ and sbaH ioerease tbe m~p~id 6aLuoe of d~s no~e l~rebp seeu~ed bp d~s am~at af snc~ advaooe md sb~H bs • put of said .
' nocs indebee~dnas nndar all tbe te~rnns of said no~o aad t6b eontr~et rt fnIIa? at ff s eiew such note and oontrad w~ars e~aearted
~ aad ddi~?ered. M rid~onal advanoa ag~ae~re~ot may ~e ~iv~ea ~ad ~ooepoed fae sue~ adraaoe aad pro+?Lioo ma~ be ~ds fa
; diffa~t moa~tbly? P4r,o~a?tr sad a diffarnt iata+est rate aod otber mod~ertloos ~f-tbs ~oa~t, bat fin aIl +otLer rapeeb
; iL4 oontraat :b~D ramaia ~ fnII fac~oe .and effe~t as to ~~id iodeb~ ~ sII advanoe~,
a. If any of tbs snm~ af mooey l~e~els reEe+R+ed t~ bs not P~'~P~ P~ ~r -
' ~Le ams aev~aaDy ooms due aad paysb~a, or if eacb and a~ve~r the tloa~ ag~eemm~ ooodittoo~ and eoMaoaab af taid
agr
pcomta~oiy no~e aad tbb deed, a either~ ars not dWy pafaemed, eom ed wkb and abi~d bq, tbs ~te a~m me~iooed
in saW peomissory note aad ny od~a~r amamt or ~tnioanb sdded to tbe mo~a$e indebeec~oeo a~der tbs t~caa ef tbis matg~e
shal~ beoome due and pRyablsa fatbwr~h or tha~aEter at tbs aptlon oE ths A~odsHaa~ a fo~? sad oo~kteip a~ ~ aid a~te
~awasp was at~OaDy dipuLtsd to be paid ae~ ~ dsy. my~~8 fa said peomis~ap aoes a bereb bo the oontr~ry not `
&
7. To deliver to the A~oeiatbq on ae ba[~oc~s Mareh 1~, aE e~ y~e~r. ta~c reoeipb evid~~tLe payment a~E sD hw-
n
fnllp im taue fo~ tbe pe+eoedins wlenc~ar , eo ddirer to t6e Aaociation red![pb pap~oeot aE aD lkas
fo~ l~~v~oa~b a#~d~? c8o~ ~~r tbs sams,b.n beooa~e aos .na p.~able, to p.v a~e.vi~
nioah? (90) ~rs ~fta dos dat~, ~mp and ~o~eRnmental levlea th~t nnp be m~ds on tbs nooit~a~ed p~+opeety, on d~ moct~be
ar nobq, a~ ia snr ath~ way ren~ fe~om the nioct~s ~ sec~ed bp t6fs moetgrge.
; ~ . . ~~x 89 FacE1~.~' .
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