HomeMy WebLinkAbout0672 i!
!i ~~FICIRL KEI.U~~ Rttrtk ' , ,`:Q ~ ;
~ •w+r~ ~Ni W 1Wifl fhe sar.te, eacit und ei~ery, tuge!{~er wiih t~e attac{?»tents anc{ oppwtenanCes,
unto the said Mortflatiee ~o~ever. i
~ ~d said 14fortgagor co~~enants witFi sai~I I~TorCgagee that said T'tort~agor ioholly and solely owns j
i
( saic~ pnoc~s, rliatfels nncal personal property, all and singular, ~bsolutely; that the saic~ ~Iortgngor has )ul1 power '
~ u?icl lau~ful right to sell and ~o?~~~Py th~ same. aU a?~d siric~ular, as a(oresaid; that said goods, chattels and ~
( ~
i ;
~ personal property, all and singular, are /ree a?id clea~ or nny nnd a11 udrerse cCaims, Iiens and encum6rances: I
I i
l+ and that said l~Jortgagor hereby ~ully rvarrants the title and uu»iership o/ said goods, choitels and persor~al ;
~
property, n~~ anr~ sinc~ular, an~~ tvij~ ~e~enc~ the same against t~e c~aims o( a~~ ~ersons u~{~omsoe~~er. '
~rou~ded ~ltways~ thut if s~id Alortgag~r s{~all pay t1I7j0 the suic~ l~~OrjgQ~Jpp t{ee certain promissory ~
~ , +
,1 ~
t ~
I+ note f~ereinaJfpr su6stantially co~iec~ or ic~er~tifiec~, to wit: j
I I
~ ` i
I
~
~ Promissory note from Klinkner Signs, Inc. , to Small Business ~
1 Administration in the principal am~unt of $~45, 000. 00 payable i
i as follows: ~
! ~
~j Installments, including principal and interest, each in
i
~i the amount of $492, 00, pa.yable monthly, beginning fiv~ (
~ (S} months from date, each said installment be first ~
ij a~plied ~to in~erest accrued to the ctate of receipt of sair!
" instalimer~t, anc~ the balance, if any to principal, and the ~
balance of Frincipal and interest payable on ar before (
nine (9) years from c+at~.
r~
,
!
i
t i
,
I
I I
~ ~
,
~ ~
~ !
~
ii ~
I
~
i
~ ~
~
I
i ~
I ~
: i~ ~
I ~
~ ~
E I
~ i~ ancl s{~a~~ perjorrn, comp~y iuit{i ar~c( n~ict~~ I~y eacfi cirtc~ e~c~ery the stipu~ntions, ngreements, conc~itions anr~ ~
F ~ I
~ ~i ~~o~~c~nurit~ o~ suic~ promissory note ancl oj tf~is mort4nt~e, t{~en tEiis mort~uye ancl t{~e estate here~y creafecf s{sa~l I
t I
i~ c~~~~icn. ~{c~tcrmine ~encl ~ie nul~ unt~ r•oir~.
k ` '
I I
~ ~ ~
i~ il~~ tEie snic~ i~~ort~~a~or {iernf~y jurtf~er coi~ennnts anr~ ayr~c~c: ~
I
e i~ BOOK~~~7 ~ '
~ ;
~