HomeMy WebLinkAbout2420 ,.,....r,.~..,,..~ -~.,,.~•..s.,:~«x.~;
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Md s~W Mafppors, ia 1Mmalw~ and ~»ir lwk~, Ipai npr~nt~Nwb svca~+af and ustpn~, hK~b1? i~ah? ~nd NvK~lly cwwwnl and pn~
10 ~nd wNh th~ wW MORTCsAGEE. it~ wa~sfas w~d asip~a~ .
1. To P+y •ti «+d atnavtw P.cndpal and tn~.n•r a++d ~h. vukw .nd .undry w~a of nw~,.y payaW~ bp vtrtw ef ~aW par.is.ory ~a~, and Mb
~worq+p~. NcF~ a~d ~w+Y. P~~Ptly an th~ d~ys ?apaiiv.ly 1M s~m~ sw~r•Ily b~totm dVe.
2. To p~y ~N ~nd ~irpvlM tM tuc~s. as~~sn~t~. k~?Ia. Itabil~~iy. o6Up~tiaa ~nd ~ncwnbra~oa of ~wer mtw~ ~nd klnd now oe s~id dhariMd •
prop~rfy. or Nat Mnaf~ enay b~ p,~pos~d, wif~red, pfa~cad kvied. a as~s~d tAen.~, a tM? hK~aiw aNy b~ IwNd a ~su~wd vpon this Morq~
ap~, a tM MKMbNdMts acw~d husby. ~ad~ and ~wry, wMe dw and pay~ble. aaadinp w I~w. b~ion tlwy Mcan~ dNinqvent. ~nd b~ton +ny M?tK~q
~~Nthp ot My pe~alty it incwred; AND INSpFAR AS ANY TNEREOf IS Of RKORO THE SIIME SHAtI SE PRQM~TLY SATISilFD AND ~ISCMARGEp Of
RECOR~ AMC 1HE ORIGINAI OfFIC1Al DOCUAAENT (SIKH AS, FOR INSiANCE. THE TAX RKEIPi OR THE SATISfAR10N V/1PER OFfiCIAtIY ENOORSEO
OR CERTIFIED) SHAII aE PIACEC IN THE HANDS OF SAID AWRTGAGEE WITHIN YEN p/?YS NEXT AFTER 1AYIMENT, and in ~M`~wet tMt sny Nwrwf b na
p~id, at~sfid m1 disehayed srd 1NORTGIIGEE may at any f;em par rh~ s~ a ae?y p~rt Me~wf withovl waivi~ a aifediep aey op1'~s+, Ihn, pvity w
~tpht w+dK a by vktw of this mortya~ and tM f~li ana~nt of ~ad~ and ~wry wch p~ym~~f ~h~ll b~ imn~di~tely dw ~nd p~yabl~ ~nd shalt bear MtKqt
kom th~ d~t~ tl~~of until paid rat~ oi ~ipM p~t tMtwn pe~ ~mwe u~d top~rl~ witA svch ~et~nu ~hall be secw~d by rM li~n of ~h:s mo.pf~.
fe pi~o~ «+d oonNnuoaty k«p on th~ buttdNp~ now a. Mn~ft~r asrwt~ on atd land ~nd an dl ~qvipn»m .nd pKwndy co~wr~d by Mis map~
- qq, wNA dl p~wnirwis th~r~ p~id in tul1. fin kaunna In 1M u~wl atwdard polkll ton~. M•~un~ appoved bp tM N10RTCs/~GEE. ~nd wMwbtonn
In~aea In tl~ ww) st~ndard polic~? tan~. in ~~wn ~pprowd bp Me MARTGAGEE. fn wch aonpsny w aon~~a a t!w A10RIGAQEE mnr
dlncq and fln and wind~tonw Miw?~na polides on ~r of ~aid build~np~. ~n~? inNr~u th~nin w put th~nof. h tM ~pprpab wn+ ~ions~id a
In ~ tMrwf. ~11 oon~~h tM wwl stw~dard nart~N dauw w wd~ ml?M dauN s~ th~ ~AoNp~ON i*+Y r+V~~n. nwitnp tM loa w~ uid pol4
dw ••d~ .n~.v«y. arabi. a a.+d A~ortiGnc# tr. tnr«.n n~.r +po.~?, and «d+ .nd w..y wd~ paicy ~h.n b. pra~~y .ss.~~.d .nd d.u~r.na w ~
airy MW by Mid MARTGAGEE a furlMr Ncwitp 1o Nid ~a~ d~W. w~d, not la~ tMn hn (f0) d~r In adva~a of tM ~xpk~tion of Nch Pdk11. b d~
Nv~r ~o ~ald MORTGAGEE • nmwal tMnof, lop~fi~ whh a nntpt iw th~ pneedwn of wd~ r~watj and tlwn s!»!1 b~ no M or wMd~ram hau.u~o~
plac~d on ~n~? of aW butWinya ~ny htK~st tMr~in a p~rt thKwi. ~+less in th~ fo.m aed whh tl?e toa p~y~bM a~fonsutdj M+d M th~ w~nt ~r swn
oi n+omy b~oon~ p~ysbN vnd~r wd? polky or potkMs saW MORTGIIGEE ~hsd A~w tF» option to ?~a~w and ~pplr tM swns on ~aoowK oF th~ Mdebt~d
nas wcww! lw~r or w pamit wtd MORTGAGORS to ncNw and us~ it a a~y p~.t tl~wf ta w1w pwpw~s, withow thNSby w~Mnp a irnp~in
In0 +n~? puih?. IMn a ripM wid~r a b~r virtw of t1As mortgpy ~nd in th~ ~wnt wW MORTWIGORS ~I+~il iw ~np re~~ iail to fu~p tt» ssid
r¦w.el, « t.~~ a d.t+w. ~M of s.w ~asa.s of ~w.~. a s+w Mortic~?c.~~. a ~,u w~wth m wr ~+~N •~?r ~.«a~ ~,«.t«~«w
n~qct f~q b p~rforn~, dnth~ry~. ~x~cv~~. ~HM. compl~t~ aomply with and ~bid~ by tNs ~wn~. or any P+rt h~nof. uid MORTWIGEE may pisp ind
pay fa wd~ ku~ano~ w ~ny part tMrwf witlw~rt waNMp a ~ff~dinp +iM cWio~, U~n. ~4uitY. or ripht wwhr w by virtw oi this Morpape. ~nd tl~
fvU ~nowu af wth and ~wry wd~ payeMnt sh~il b~ Mrnedia»y dw and prabN a+d aMll bw MtKat fran rM d~t• tlwwf until p~id at tM wa ot '
~ ~ pM ouhwn p~r arwwMn M?d to~etMr wHh wcA bt~t sMl1 b~ wcvr~d by th~ U~n of thi~ morqpa
4. To p~nniy oatiNt a auffK no wat~, Impakm~m a detwiaattoe of uid propKt~r a aryr p~A . ~
S. To pay aq and abqulr th~ ooah. ehMpN +~d ~~ew+. ~0 ~ n~sonabl~ .nomiey's and ooas of ~btnna d tiH~, M~ewnd a pdd a
~n'p Mn~ bqr ~aW MORTWIGEE, basw~ a N tM w«+t of tM f~ikin on tl?~ p«t of NN satd GOR to duip. PromPtM and ivlb P~o~. ~+~9~?
~~eM~. ~ff~ eompMa, oomplr vrith and ~bid~ bti ~eh ~nd ~vwy t!~ ~tipdattoia. oonditton~. and a~v~wus of sNd proenlstory +~01~ ~nd tbM
~~0~ +~f~ or ~ittlwr, «d wid caq, chnph and ~xp~me~„ Md+ +++d +vwY. ~I»tl b~ Mrned~at~ly dw ~nd P~Y+blh wMdNr a i~ot tlwr~ b~ eatc~ d~
n++~nd, ~»Mipl b aolNc! a wit p~nd'mps and tM tutl xnount of ~ich a„d w~ry wch p~ym~nt shafl Mw Mt~t hah fh~ d~» tf~rwf umil p~id ~t th~
at~ of nie~ P~* ~ PK ~~r •nd atl a+id aost~. duraN ~nd experon incwnd a p~ld, ta~fha with wd~ h~wu~ slwll b~ New~d by tM li~n of Mh
e~o~~Dqw
b. fIW W In th~ cv~nt d any brNCh of /Na JIMn~y~ a d~fwit on dr p+A of fh~ MORTW~GOR. o~ (b) tn tM ~wnt an~? of wid wnr of nion~y
t~win nf~rnd w b~ nw promptiy ~nd futly patd wiMh Nwb (30) drys r»xt ahu tM ume ~swnqy bcam dw and WY+W~, without d~d o? eotia~,
a W in th~ wwM wd~ ~nd wKy tM qipvl+tiom„ p~NnKnb. aondltio~q and aw~+b of. wtd promiato~y nw~ and Nw nanpsy~ an~r a ~itMr .n na
lul~?. P~PN1? ~1? P~a~~ d'ad~+~ed. ~xacw~d. dhcad. compleNd. oaei?~i~d witt? aod abid~d tif?. thw+ in ~itMr or a+~y wch ~wnt tM iatd ap~
0?~p~l~ w+m n~ntfoMd b add peon?ia~ory rab thsn nen~M+in9 u~pNd, v+Nh hqnst aoerwd, ~nd ~N nwn~y~ aa+nd ha~by. ~MII b~oon» dw and p~y~
aW~ fo~thwMh, w tl+~wiw, at tM option of ~aW MORTGAGEE, a fully ad oompl~~lp a if ~II d tl~ uid ~wm of ~
w b. p~ia on wch d.p, .n~r~Mnp In .«a pradn«,, not~. or b tht, ~Aa.fp,p. to th. oonts.ry? nohvithst.eaMgs .na tlwnupo~r +I
~:.i0:"~nip»
Mid MORTGIIGEE, wttlqvl notip p d«nn~d. wh at i~w w h~quity, tlfr~for~ ot thw~ftK bpw~ n~? b~ prw~aN~d w if ~11 ~nornya s~cw~d Mnby
_ !Md wtwrd prior to ils k~titvtion. -
7. Th~t b Nr w~M tMt st tM b~MnY+p of w~t rM Hnw Psndirq air~? wif ni+on tNs 1NoMpap~ w b fa~cloM h, o~ b nfam i~ a to M?forp
P~I~w ~ ph? cl+im I+K~w~, s~id MORTGAGEE shall apply w 1M Goun IwvlnO hKi~abn tlwrwf tor tM ~ppointmMa of ~ Rscelwr. such CaM aiuQ
iowc~ datwd wcb and N b~~~~ all ~nd sk~pvl~r, indud~np ~It and sinpula th~ i+oan~. P?otin._ RwN and r~rw~w~ /aan w!»tw~r
wtry inp exprsal~? wd~rstood. M Iwr~by morqap~d M ff ~pwficaly Nt fa.th ~d daarib~d tn th~ yantlnp and
IrbMidu~a cwus~s I~wf. and wd~ Rea1w~ ~11 h~w alf tl» brod ~nd ~ffeaiw fwrc~iona ~ad powan M anywis~ Mtnafed by ~ Courf eo ~ R~oetwr, w~d
wch ~ppo4dm~nr sh~N M mad~e by a~d~ Cowt a. an admind .qvNy .nd • nrtar of •b.obh riaM a aW IYR~RTGI~GE~, .nd wHhaA nf...na to rhi
. ~d~W+er ar Mwd~qv~ey of th~ valu~ of tM Prop~rh mortp~p~d or 1o tM wlvN+ey a ieaolwnry of s~ld MORiGAGOR o. tM d~f~nd~nb„ ~nd NW weh
, n^h~, PwEitr,. ixoin~„ hsws and rwenws sh.ll 6~ appti~d by wch R~o~ru ~ooord'w~ to tM Na~ or ~qvfqr of aaid JNORTGJIGEE and th~ pnaia of wch
CairL .
To duly. OranMh ~nd fvlh P~~. ~Hect. eo~npbn, oomplY whh ~nd abW~ b~r wd~ ~nd ~wry th~ ~put~t{wN, apr~w~,
~oxdtlont ~nd oowMnls in sNd proenissory nof~ and thi~ morpap~ ~et faM. .
9 Th~t tn ti~ w~nt th~ o~wnaship d th~ nwrqapd pr«~s, a+n~r P~rf tiwqoi, beoon~ vatd tn ~ puwn othK th~n th~ MWRTCsARsOR. th~
MARTCsAGEE. Ms aroo~ssors ~nd assf~m. ew1?. whlwul notla b th~ lII~ORiC*AOR. dwl wNh wch wooeswr ar woc~swr M t~sst wNh r~f~ to t1~4
~naqap~ and tht deb~ Iw~by Mcvnd M tl» s~ ~w+n~r a with Mw~apor wNho~t h~nY wa~r vhldin0 ~~~Y~+P ~~?q+pas' IW~iL'!~r !w?t
uridn a upon tM d~M h~nb~r waind. No wN of th~ p?«nba h~reb~r nw.qap~d arw! no forMarano~ on th~ pat ~ of th~ MORTGAGEE w Ns wooawrs
o? Matpn~ and no ~xt~ion of Mr trm fw th~ p~n~m of tM d~M hK~b~r saw~d pivw~ by ~M MOR?W1GEE or Ns wco~s~an or assipn~„ alwN qwah
Is ed~wi, ~eiw~. wwdifp elw~ or ~H~et th~ ortpwwl !l~bHity of tlN MORTGAGOR h~ni~, NIi»r N wlwN a In pwt,
1~ ~'~p~
fkaf~r apn~ 1hN tim~ b of th~ e~wnti of this aaMrW ~nd th~t no w+lwr of ~^p obtipation Mrwid~r o? of th~ oWi~tlon t~ !
anp Nny tMrwft~r b~ hdd ro b~ ~ walva of th~ t~nm Mrwf a d the inshurn~m ~sw~~d Iwrbp.
I1. In addt[on to 1M fa+qoi~g enoMhh P~Y~h ~ P?~ Pu w+d Muest rpuir~d by tl+~ praniswry nob Nair~d lw~b'Y, morq~por cown~eMt
Md N?MS w Wp to enorp~ wah weh ~nontiJy p~~nt ~n add'~rional sum ~stimated b~r na~ty:yN b b~ pud b 1/12 of th~ arww?al aost of th~ folbw•
InW
A-M nd prapufr t~x~s Iwkd a wau~d p+in~t th~ ~bow dewib~d n~t ptaN.
S-P~nn~s on fh ~nd wNdpom~ hwnna a Iwdn nauind b b~ uaid m th~ imprownwnM iitwN on th~ ~bow d~w)b~d pnn~i~M,
. C-hrwnF~ on wd~ mo~fp+~ OvanneY krw+nar n mo~g~ ~MII fran tin» w tin~ dwn fit b urty on th~ b~n New~d MnbY.
Monpa~ sFMll fran th» to tYn~ notity ~nortpapw In wrltinp of tM ~nouro dw ~nd p~y~bM haawdK a~d w~d~ wm shdl thK~upon b~ dw and
py?ab4 on tM dw dab of Ih~ oest nanlhly p~ynrnl a+d wd~ sucaaiw month th~naft~r umtl nwrqpN s1NU notifp nwrtpayw of • c1wq~ M~ avd~
an~oad. S~+d~ wa~s ~11 b~ ~ppli~d b~r narly~ bw~nd 1M p~yment of ~~al prop~rly qx«. Nwrano~ prNnA+m4 and mo~tpap~ W~?~ntY Yrur~na
prM~~. •
IN WRtrESS MVIIEREOF. Mr taid MORTGJIGOR hN Iwwnb at hit Mnd ~nd swl Nw dnr ~nd ~ar flrN ~forw
Slpn~d, S~abd aexl d~llvand fl~p~~e,~ ob, _ ~
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p«.~?.~..~.a d8inrlil~It~QQ1L~bY8fi~QiA , .Aa
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_ ct~rist~ n~• Bate~n N. wN~ ~e ~n. w.a wwwn aown ~o p» a b.
~r M~rWww dMa~d N~nd whs ~x~arhd th~ ionDohp ironu~n~ ~nd ~duwwbd~d b~kn nw thN tMy ~~aaitrd t!r s~ far tM pwpo~
~ .oa~•««a. Ms +h. •.~a Christine H . Hateman
.~r. et a+. wa. Johnnie l/illiam Bateman ' .
~~N~~~ gh?,~.
w~MyMo~ df? n~ t+k~q Mp~ra~ _and ~qrt iran Iw sdd Iw~b~nd, acknowbdp~d w~nd befon nr that dr ~ucvt~d ~atd ~~,,~,,~~•y,, IhH+
~ ~1? MY ~+~~n, ooestr~Nf, appnl~~ory a fear of or han hw sdd lwsb~nd. ~~•8 ~ Z~
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; ~`'"'~1 , . . My Com~russi~~ ~39P,iws-M~,V 2~; 13os
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