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HomeMy WebLinkAbout2992 . f ~Q ~t ~ W !he same, togetha? witk ihe tenemenlt. hencjitamenta nnd appurte- ~ nnnces therelo be~onging, an~ f~e rents, tssuei and pro~ifs th~?eo~. unto Ih~ morfgapa~. in (ee simp~. ` ~ tl~e morlgngor covenants wtfh ~tis rnortgapw l~af ths enorigago? ts tnd~~.ost6lr seis~ oj aaid land i?t ~ee aimple: that !he mortgagor 1~cu good ri9ht and ~awju~ aut~ority to convhr sntd ~nd w ajore- said: f1~at !he morlgagor wi« mal~e ~uch jurthsr auumnces fo per(rct t1~e /ee ~impb tttl~ to sntd Iand in tl~t mortgagee os muy ?eaiona6ly be requtred; thnt ths mortgagor h~n6y jully u~orrnnb tke ttlle ~o ~a~d ln.~d i and u~ill de%nd the same aguinsf !hs Iaw(ul clatms oj aU penons whomswuer: ar~d Iknt aatd !~d ts jref ~ and ~1~. oJ all encum6rances except all liens and encumbrances of record. , ; . ~ . ~~~I~ ~~s~ that if said mo~tgagor shall pay unto aaid mortgagee the certnin promb- sory note Y{~ereina~fer substantia~~y copied or tcrentilied, t«-wit: . : . - - - , . ~ ~ COLLATERAL NOTE 28. 000. 00 Kansas C'ity, Missouri ~ly 20 , 19 66 ` on demand che undenig~ed FOR VALUE RECEIVED, -after date, ma~er(s) (hereinafter tcrmcd ~lakcr a•hethcr onc or more, and if morc than one. to bc jointly and scvcrallr liable hcrcundcc) promise(s) ' co pa~ co chc ordec oE THE Cljlf NAtIONAI BANK ANO tRUST COMPANY Of KANSAS C{?Y, KANSAS CI?Y, MISSOURI ~+t~c~~ ~ and Ge~~eral Insurance Company of America at the off~~e of said Bank o and and o 100 ********************~*******,w*~f*******~ lla~s i togecher ~~ich interest thereon at the r~te of per cent~er annum from date until maturity. If any oE said principal and interest 1 is not paid ~vhen due, then the same is to beeome as principal and thereafter beu~interat at the rate of eight per cent per annum until paid. I Ti~ tottowlns ducrlb~d pro~~tr l~ A~il~~r~d to tM Sank oollal~r~l ~seurlt~: 8ecured bv B@COT1C~ mortgage I~~ ~r Ae nd aeed of tr~t on groperty knawn as post office in Fort Pierce, Florid 'i , , i~ . - I rl nd ri ht s menta, ~ TAe term "Colisteral" u uscd herela ineiudea the wbo~e liated vropeHy and (1) all sccruals tbereto and di dc s, 6~. P Y ~ ahares ~nd proyertr r~eNred In respect thereot. ineludln~ those br wraY ot corporats reorganlsatlon, 11q uidatlon, spllt or eDange In capitst strueture-all ot wrAteL rlll De prompUr deti~ered to- the holder heraot dulr endorsed, i[ endorsement is ~equlrcd, snd in proper form for •ranater. ~nr balance due trom, or at~ndl~6 on deposit Mrith. tAe holder, ahlch belons s to. 1~ In the name ot, or 1s ~ub)ect to withdrawal i D~-. ang partY llable hereoo, erhether now esistln~ o~ hereatttr srisln6 or deposited, and (3) personal DroDertr ot or In the name ot aor Deraoa i 1taDle Aereoo, noK or herew[ter ia the posseasion or contcol ot the holder tor any purpos~ and in ~nr capaeitr. The holder hereo[ has w~ecuritr interest lo the Colia.terol tor the psYment ot all amonnts due under thls note, snd all renewala and ~ e:tenslons thereo[ and for the Dapment ot wli othe~ obligatlons to tAe holder, direct or eontingent wrhether or not due, ot an~ partr lfable ~ hereon. (all ot NhicA amount• and obligatloni sre hereina[ter referred to as "Secured Ob116~tion~) and mar accordinsir ratain the Collaterwl ~ or anr pnrt thereo[ as seturlty atter the pa~ment o[ all AmouMa due under this nota ' I If the holder shsil deem itsel[ lesecure tor anlr rsason w hstsoerer. In reepect ot any 8ecured Obllgation, the holder may wtthout demTnd or notic~ o[ anr kiod. deeln~e thit note and sn~ other ot lhe Secured ObtlRaLlons immediately due and payabie. Bc[ore or wtter maturitr, the holder mar tl) tranrter all er s?nr part ot ti~a Coli~terwl.lnto the oame ot tAe holder or its nominee, : f a•~th or vciehout discloaing that sucA Coilatersl Is subfect to the llen nnd security interest herennder: (i) notitr the partle~ obligated on any : ~ ~f the Cc+llateral to n?Akt DaTment to the holder ot anr smounts due or 1o becoma due thereunder: enforce collectlon ot anr ot the , ~ ollaceral bY auit or otherwise snd tnr~rnder, release or eschange all or so~ part thereot, or compromise, e=tend or rene~r tor anr period i(~~-hethe~ or not longer thae the orlglnal period) wnr Indebtedne~s ~~Idenced therebr: (~1 twke control o[ an~r Proceede of the Coliaterwl: ; c3? endorse anr Co1lRteral In the name ot anr pe~son liwble hereon, wnc~ne~er, in ihe optnlon ot the holder. such endorsement may taeflitate , che h~adling o(. or realisatlon upo n, the Collaterol. wnd ~n Irreroc~b.le power ot attorner theretor fs herebr granted to the holder: (il 1n + i addition ta it~ aecurity Interesti theretn, ~pplr balances, credit~, d~poidte. accounts, or monles ot ~nr person liable hereon held by the holAer 2 ~ in anr capacltY. ~hether or not the ~sme are due. applrlnR them toa•arA the payment ot such ot the 8ecnred nblltCatlons, wnd in such order ! ( ot apDllcation, ws the holder. elecls: (i) ~ote. use. trans[er or repledge anr or wll ot the Coilwteral: (f) ezerciee such Addltinnal righte and ~ roaa er:. If aor. arlth ~esp ect to wny ~ecuritr [or or snarAet~ ot any o[ the Secured Obiiswtlons u may be provided In any wrftcen instrument ; ~ i~n additlon to this :tott). ~ ?iaker wRrees to DAT g» e:pcnses ot th• holder In coilectin~ thl~ note wnd entorcinG TIg hti respectin6 snd realising upon anr o[ the j Coilateral. includin6 reasonable wttorner's teet ot eot less than i~ ot the total ot atl oblisatloot owed br liwker to the holder. The fnt~rpre- ; tation ot tAls instrument and the ri6htr and remedlea ot the Dartles hereto sh~ll be aorerned br the law ot btissourl. Demand tor paYmeat. noticc ot aonpar ment, protest, n~ti~e of dlahonor, dlllgence sad ~ult are Aerebr wraived br oll Parties ltable hereon. All endorsers. 6u~rantors and suretles, br eedorslns or guarnnteeing this note (1) a6ree to all o[ the terms and eonditlons hereln ~ contwined. snd (2) rrithout limltatfoo of the tore6oin~ •sree to all renewal~. ~xtenrtons, wnd modl[teatlons hereot lncluding (a) tbe ~ub~titu- i tton, e:ch~ng~ or release su anr time or tims~ ot all~ or anr vart o[ the Cellateral, without notlce• (b) the retease of anr other ~nAoraer, ~ guarantor o~ suretr ~rllAout notlee: (c) the ~ub~tltutlon o[ renewai or exlenslon note~ [or tAl~ note. without aotlee wnA wrltAout atteetint thelr H~Di11Ues assumed hereunder. ' :io 11aDliftr ~hatl ~rl~e a6~ln~t the Aoider trom wny ~ct, or the nmiiuion ot any wct, pertsinins to tAe eollectlon or failurc to colleet i any collateral ~rAlcr th• holder mar boiA to ~ecure thl~ or sn~ other obllgntlon ot anr Dsrtr llwbl• hereoa. Maker rsreby a ree~ to uk~ Rar ~ and a11 itep~ n~ce~s+?~ to ~~eserr~ ~nr ri~hb In th~ Collwt~ral •RRinst prlor pwrtles snd ths hold~r h~r~ot ~hall not b~ boun~ to t~ke ~nr ~uch ~ s~eps. Aar tsllure br sar Aolder hereot to ezerelse ~n~ rl6 ht hereunder ~hwll not be constru~d ~u ~ wal~~r ot tA~ rltDt to ~:ere1N tU• ~am~ or ,~ny otD~r ri~At at ao~ otA~r tlm~ aad trom tlm~ to tlm~ th~natter. ; ~ l ~F"~ ~-%l~ . sa..c waa~.,. G,eorge~ Hill - ~ - ~ cier. sua .aa z~v coa. ~ '~lqarie 1olcAuT~y~I1 j~„ ' n,._ Hill and Companv ' ' ri~~s~s ' , ..?Ys..~'r~ g - ~ Secretary Preai en 'I 64D[ I! ~ ~ - ~y - . . _ . _ _ ~ j ~