HomeMy WebLinkAbout1891 • ? . 1rl+i fN 4~+!.!~i'.A. •~R!~''~ a. ~M ~~s-,~ H . . .
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d~e ~asty c[ tnB ~eCOtticl p4rt wi~1X ~MDt dieD~ase and '
PaY P~ooe~s a~ esid ;
t»o~g~e.dsoed Apar~l 15, I965, e~coept on t~ coodidon t'd~tt tCre p?erties' o! ?
' tbe firet part tee simple title and their inoerest in tt~ 99 yeaar ~eaee be
euboxc~inaoed ~ea? d~e li~n af sai~d
mo~ag~: oc~ the patty o~' the ee~d part
~ ine~a~ar se the . e~sme same aecun~ed payment o# the oarigina,t promie n~otie ~
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merem a~e~d.. ~ ~ . . ~ ;
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~ NOW '1HB~tEFORE, t~e p~.rties o~ t~e ~ret pert, ~oar and in
.c~neiderat3~n ~ the eum o~ ;1. 00 and other valua4le _ oone~Cierati~one t~ thetn
~Il ~ ~S~ ~1 ~ ~'131 O~" Cb6 ~EWau1 ~8x'C~ 111~ ~'~t O~ Wh~Ch 18 hP.Z@~/ ~ i
~ ac~~awwled,ge~d, and ix~ orc~er oo induce said party o~ the eecond part ~ cloee ~
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~ ~ the loan under said aote dated April 15, 19b5, have and t~ereby c~a, in all ~
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respecte, gu2~o~dinaOe, $rant, ber8ains eell! demise, selea~e, ~tvey an~d s
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j c~irm t3~e fee eimple title o# t~e above d~escribed prc~erty and thei~r ~
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~ inve~reet 3n t3~e above described 99 yaear leaee ta the li~en of said n~wrt;gage ~
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om said g~arty c~f the second part and insafar ae the same seaured bom we ~
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origi.na! obligati~i ~~ecured ~ereby, and cio hereby agaree and coneent t3~at ,
~ t3reir title and t~eir lease on tbe above d~scribed premisee are and ahall
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be 8nd remSitl 3nfe130r SAd SUbOS'tlina0e Go B$id I1lortgage tD ~3d pa~Cty 0~
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~ tde ee~;a~d part , a8 to a111o~ans and funds secured'Yhereby, an~ d~at said
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~ rrtartga8e ta~ said party of the ~eeca?nd part, is and a1~1 be aad remain a
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fire~ and prior lie~ on at~d against Baid prapert~r.
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~ ~~irovi~ded tfiat She~eld T. Avoocl and Ann~e E, Abood~ hia :
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wife, srh~rll pay sai~d szun of ~Z41, 30U. 00; rnentioned and described in said i
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~ n~artga8'e dat~ed Apri~ 1.5, 1965, and comgly wi~th and abide by all t~e ~rnae ;
j.• and c~dit~ans ~ said mortgag~e t3a~ed Apxit IS, 19~b5, t~en tbe intieerest E
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` . ~ hereby c~reaueed by thia su3mrd~nation agreemeiu shall cesee aad become =
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muI.l and v~id, . . ~
~ Pravi~ded fi~r~r tt~at this euba~rdin~ati~au agreet~ent ahall ~
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. not be e#~ectiv~e wlt8e and until 2 certa~n mortgag~re~oorded in Mwrrgage j
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