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Home My WebLink About1954 - a. •'i ~ :'1~ . ~ .1 r a. 'Lt'o ~labc ana to ~!?ota soid prunisa, ~oi~ ~hs op~nonce., re~w. iu~u snd pro~r rberoo/. wuo ilrs said a~anlea an~t murlgagee. lii SLCCE1SOTi QJi~ O,iiigli~f ~OiCDtI. Ared die sad ?nortsa6o?+ jo*--- themsg~.y_~. . . and heira and aui6ru do._._...hereby covenant witA the wid ~lortj~a~- itt succ+esao~s and atsiant. ..---..the~-..81e........law/ully ieised o/ tke pnmista %resaid, and tbot tl~e premisa ar.• FRLB AND CLBAR ~rom aU incwnbranc~es wMtaoeotr. aAd that......~e~-....._...wi1! /orever ~ARRAlYT .lND DEFEND t1~s aams with the appw~enances, wato d+t said srantee, it~ successor: and assi~s, oaoinst tA~ laajul claima o/ a/l person~ eohomsoevt~. ~3robt~eD, nevertheless. aid these preunts ors upoa tbue eonditions: That tbe aaid mort6oao~t have exccuted and delivered to the taid mottaasee tlu~ certain promiuory nott o~ enen dare heraoiiJk /or the principol aum oj...Seven_~thousand~and.ngJ100_. .vdlara, wldcb note it herebr made a part herco/ as thou6l~ /uUy rewriuee her~in and u due and paya6le ' 5 years, with interest and according to the tenas of payment as ~set forth in said~; te dated Sept. 30, 1966. XX~K~i+J~._..__._......_. XX?LafiKi~#~.... XBXXi~~C._....._...r.._ h~cxX XX~6Ki4~4i~1~L......_ lLXXXX XB~fd~i~i~OfiJ6l~lf....._ • • ~mr~xxxx~t~eatxo~~t+tim~+t~c~t~r~bt~e--.~_._.__...-------------------------------------- Thot all o/ the principal no~ paid tchen due and onY i~e.t~allmen~ o/ interes~ not paid whert due aha~l draw intaese at the rate o/ eighl per cent per annum, ~y~t~ s~~,~attr, until paid. That the said mo~tgogore /urlhe~ a6ree as /oUo~o=: To pay all laxes, asatumen~t mui olher char6es that F mar be asJessed against the propertr heseirt conaered promptlr as tI?ey becoirce dut and para6le; to ~tep dke 6uildings on the ieal estote hereby mort6aaed in good and proptr repair; to k~ep soid propetty insured agair~st i u lou or damagt 6y fire in a aum not less thos j.~s.QQQ...Q.Q and aaainst luu or damage 6r u,dnd in a sum uv ~ ~ le.u than i.-- 000 . 00~ companies aatis/acwrr to mortgagee or w~isna. with the los~. i/ anr, ~able to said ~ R ~nortgaaee as rtJ morlgagt inte~est mar apptar; and lo ltave al~ policies o/ insurance in tht possusion o/ .aid ~ mor~gagee until llei+ mortga6e is /ullr sotis~ied. The mortgagora agree that all insurance in force durinS tl+t ~ continuance o/ tlw moitgagt on the properiy hcrtin mortaaged, whetf~er or not the policies be luld by ~ht mort6a6ors, ond whtthes or not tl~er art modt para6k 1o tht Bank. as mor~ases. sAoll bt /or the benefit o/ tJie ~ mortga~ee, as its mortgagt interesta may appear, and the compaairs issuiteg such insuranct policies are hertbr ' . i ins~ructed ond authorised to rnake loss dra/ts pa~~able to both the mor~ga6or and the mortgagee to be app« ~ frrat ~o ~he poymeat o/ this morf6age. Thnt i/ said mortaaaors, thei* hti~s or auigns shall /ail eo par promptlr as ther become due and parabk said taxes, insurance, assessmenls or other charg~s that neay b~ levied ugainst said propertr, tht said mort6a6ee mar paY the same, rchich sum so paid shal~ be charged a~ainst said morlgagora and bear interest from dott oj poymtnt 1l~ereo/ at eight per cent per aunum, parabk semi-onnuollr and be a lien upon tht property herei~ ~ conueyed, and 6t .~efured br thu mor~gage as o part oJ the considt~ation iureof ; ond on such de/ault jor Ihirtr da~•~, or i~ said buildings be not kept in gnod and propet rcpoi~, ot i/ o chariae ~hould occur in tlu oumership oj the rea! estatc lie~~in mortga6eJ wiJ/~ou~ the express urillen consent o/ aaid mortgnaee, or i/ arar one installment o/ said principv~ sum is no~ pnid ~chen dut, er i/ arer installmeat o/ inte~eat be not paid trhen due or within rh~,er days therea/ter, thert a/l o~ said principol aum togcther wilh alI acctued irtferest thtteon mul othtr chassu sliall the~eupon b~come dut and poyable at the option o/ the owner o/ said note and thu mortgaae. Tha1 upon deJoult o/ the conJitian.i lureo/. it shall 6e law~ /or the mort6oaet, itr woerssors or assi~rta, ot i~s option to enter in~o und upon ~he real ulau herebr granted o~ anr part thereo/ and ~o rectivt a/l renta issri~s und p~ofif.t the~to/. ~ A'ow i/ the said mo?~gagors :~u ~r w~a moT~oa~~, itt tuocesso~ or auiamt tl~e said funu o/ ~none~ ~hen due, inc[udin6 interut at p?ovided /or i~t Jaid no~e and in anr iate~ools thereo/ and ~liall /oith/ullr ktep each vnd al! oJ ~he conditioru stip~~lated in said note and in anr reneu;ols thtreoj and iit thia mortaa6e, then rheaP pieanl,t slu~U bt ooid. ~ a~156 ~ 151 ; ~.t.,, . , ~ -:~r~ _ ~ :a~."•;w..ff.~~.,w,•,='~.~~- ~_r:, , ~ u~ ?i.;x'a . ,.ar ~ - ~5;:i , - ~