HomeMy WebLinkAbout1042 ` 1~,1', t t ~ '
~ tbe wo~t~o~o~ couenanta ~itb tlre wortYa~ee tkot tl~e wwt~a~or ia iade(eaaibly aeised oj said ~
'lond is jee si~ple; tAat tAe wort`a~or Aas ~ood ri~At a~d laro(al aatJraity 1o co~usy said lond as qjore-
~ ~said; dlat tlle wort~o~or wil! wake st~cA furtAe? aaawances to pe?(ect tl~e jee siwple title to •said Iand i~ ~
~.tke wortso~ee as wa~ ?¢osoaa6ty 6e req~Wed; tl~t t11e wo~t~a~or bere6y (~lly +cana~ts the titJe b sad
land aad tvilt dsh~d tbt •sa~e osai~st t~t latojt~! cla~s o~ ~I psrsond wlbwaoeusr, ond tltot aaid land
~ia ~ree a~d clea of alt sscw~bra~ces.
tkat tj said wo~tgag~nr sliall poy ~Rto aaid wort~ases tbe indebtedneas
evideRCed by tl~at csrtois pro~isaory note, oj sueR date lleremith, wade 6y t~e wort~a~ot aad paya6le ~
~to tise ~on~a~+ee ~s t~ princrpaJ su~ oj ~
~ aLRht hundred ssvent~-ri~e and 00/100 - - - - - - - - - - Dollas: 8T5:00 J 1
mitlaut iRtereat aa tker~i~ atoted, and shall perfo?w, co~ply witb and a6ide 6y eacll a~td eusry the
•stip~lations, apeswsnts, co~ditioas and cove~ea coatoiaed ond set (ortb ix tAia wort~ags aid iA the
:prowisaory ~ote secwed llereb~?, tlken tAis ~ortgaae aed tbs estate lrereby created aAall cease aed be
'R~li and void
~ ~ t~e uiort~a~or Itereby lwtlrea covenonti atd agreea to Pap Prowptly wken dt~e tlre priaeipol oed
otl~er sw~a o~ woMey prouided to~ in said note and this ~ortga`e, or eitber; to pay alf taxss and aasess-
~~ests oa •said preperty; to pay all cases, char~es oad exps~asa, iacl~dius laioye~a' (esa oAd tit?e seorches,
'reasonably ~acwred o~ poid by tl~e ~ort~oges becatae of the fail~re of the nortsaso~ to pm~eptly and
~(ully cowply miNl tbe ajresweats, stipslations, coaditiona and covenants ot said note aAd tlais ma~~age, ;
~or eitlrer; to perjorw, cowply mitll ond a6ide by eocA aad euery the a~reewents, stip~lotions, conditiars '
oid covena~ti aet jortA iR said note and tAis wort~a~e or sitker. IR tAs eueut N~e ~tart~ot (ails to pay
iol~en das auy tax, aasessweat oi other~swi~ o( woney paya6le ~6y uirhre of ~aaid.iwte and tbis ~wtgage,
or e~ther, tke mortgasee ~ay pay the sau~e, mithout waiuing o~ a((ecting the option to foreclose or wsy :
~
~otlast ri~ht ]lerew~der, _ . ,
~ a~y aws oj Roney herein rejc~ed to be not promptly paid mithin tbirty f301 days next a(ter ~he }
sa~es becowea dt~, or if eack and every tl~e arreswents, atipxlateona, conditio~s and covenants o~ said
eote aed tAia ~eortga~e, or either, are not j~lly perforwed, cowplied mitl~ w~d a6ided by, tben tlre entire
swie se~ltioned ix aaid note.ond d~is mortgote ot the entire 6alance u~tpoi~tlrereoa, aholl (orthrottlY or
tl+erea(ter, at the optas oj the wort~agee, becowe and 6e d~ce a~ed payabis, anytkins in aaid Aote or
I~ereiK to tlke condary ~ot~oitAstanding: Feilwe by the ~ortgagee to exerciae ony~ o( tJ~e ris~ or op-
tions hereia provlded slbll aot constihrte q roaiver oj aay rights or optioas wtder ~gEd aote 6Pthia ~
~ortgaae accraed or tl~erea(ter accnriag. m c_
.7C~ ~ nC0
~~~11lia1 the said n~ortgogor has hereuato signed and sea~~l~se pr n~
:the day and y¢a~ first above written. n~~ onv
. ca-~ ~ mcm
;Signed, Sealed and Deliuered ~ ~ ~ p ~
' ~in the preaence o(: . o~N~. m ~n., v-
~ ~ ~ ~ }
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~Ltn~as • ~ ;
~ '
~ ! f ~ s-s~~ ~ ~ Qit - ~
~ eas g . aeu -
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~ STATE O F $ I d ,
. se. ~
~COUNTY O ~ ~
' I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid ~
1
and in the Couaty afotesaid to take aclcnowledgmente, pereonally appeared ~
i~dxin Olsen and ~argaret Olaen, his idta, aa 3oint tenants xith rights ot
aurriiorehip
~ to me knowm to be tbe perso~ deacribed in and wt~ executed tbe for8going inetrument and have
acknowledged before me that the7 e:ecuted the same. ~
~ ~
~ 9fIITNESS my hand and official seal in the County and State last aforesaid the~d~y of k
~
~ , A.D. 19~~.
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day of ~ , A.D. 19~. (PLEA3E PLACE 3EAI:~I ~Lh'~ ~ `1 ~ ~ .
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. sooK 149 441 . ~ ~ .
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