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~ '1'm~ PAYiHENT AGRTsFd1~V a _ - • . ~
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?1c~ount \o ~~~e~ ~wf S ~
' DI ~DE this ~Slh day of ~~~1' . 19~~ b,a HP1~Ofi C• ~M~1
p. O. Boac 313~i Fort Pi~re~, F'].~rids ~~3$~O
(hereinaiter called t~te "xort~~or"). ia
To GOYERNMF.NT EMPIAYEES FII~ANC6 A~ INDUSTFiIAL LOAN (?ORPORATION. a VieginL Ourpoestion. alth ib
office at 1_~1~6 Hartford St., Arlington, Yirginia (hereinafter eal1M the "Nortgagee").
Total amouat ot loa~ •-.=1`~~ - p~~nblc in2~
suceessive Iastallmeats. First pa~meat=~1•~ due ~9_ ~
Suceeeding payments (except final) shall be due on the same day of each successive month theteatter, pad in the same amouat
as the first payment. Final payment shall equai the remaining nnpaid balance. -
\\'IT` EtiS.F,TH :
That ~n cun~ideratiun uf thc aAu~e-describcd loan ma3e A~ tAe Morigagee to the aiort6asor, receipt whereof is hereby ackaowled~cd, eri-
Jrncrd by a eertain promissorp note ot even date Aerevrith, ~rhieh loan thc ?~ortgaaor hereb~ eovena~ts and ag~ees to repa~ to the llortp
~ as indicatcal above. to`etArr vcith interest atter maturity at the le~ t+te, the btortgagor 6ereby murt6aces and conreys to the Hort~a
ihe f~~11n..inK-daKrribcd alotor ~'eAieie to~etAer Mith .il aeeessories, attacAments, cyuipment and substituie or additio~al parb thereon durin~
thp terro of tA~s 1lurtgage: _ ~
_ ' i
- DE6(.9i~'lZON OF AVI~OMQBII~ . _ ~
w?xE OF We TvPE OF eoor MOOEL at 1~ooEL tq. MbTTOrt MM~IBER SEii~t.t M11~~Ert wo.cn~s ~.ooc ~cw w us~
Volks~ten ~ I~r. Y300 F+0918j08 11696132j ~ 196~
Now situ~ted +q ~t . Couuty oE `~~t' ~~t St,~te ot ~1~~'~ 91~ xC~
T~ HI?VE AND T~ HOLD the atoresaid `pr~pert~ nnto said Mortgagee. its su«:easors aad assigns torevps: '
Provided. t6at it the Mortgagor ahall pay to the Mortgagee ihe satd loaa in the installmeats ead msnner specifIed above,
m,til the same is fuiqr Paid. q_ad 1t the Ddortgagor shall perform al~ terms and conditions ai t6is mort~age and the aaid note. •thea `
t6is ldortgage sLall terminate and be-wtd.
TLRM3 A.\'D ~ONDITION$
1. 1'Ae ~tort~or ~ratrants tt.at Ae exelusi~rlr o~m and po~esses tbe said D~D~~s: ~~t tleerc is wo lien, clwim or encambrana or eoaditional pw-
~Aase tiile aftaiast tlx snmt: t!twt t6is NortRwte is Lbe 6rst xnd onl~ lien or clwim alCUiast said propcR~ or any pnrt tbeteof: tiat t6is Mort~e q tntde '
i¦ Roal taitA, rritAont ~ny intention W Ain.ler. delay or ~kfraw! any crcditor: and tLat a!! iarrapties, reoreseatatious aad aasarers wde in tse apDliatioo
vrlieA focros part ot-tlr~:tirr pfp~nent s~rermrnt are complete and eorreet. . `
3. Tbe 11orUcaimr ms *~~o D~e asd enjoy t!e ~ue of tht said propert~ at 4s oxa t:pewae ~od mbieet to t6e terms of tbis ~tort~e_ Sa~d
pRy~rrtp -ahtll aol 6e rermo~ceJ from its rlx.rr-de.~rilxd locatioe ~sitbout ihe srillen conxnt of the JiiortK=R~e. unlrss pursuaet to a e6ange of stiilOA or
recidcner to or withie the Unitr.! titatea of Amrrica, ib lrrntorirs or poesessioos, by nrder of the Co~erameat. TAr )lorttw~eor sha4 wtifl the Mortsssee
iK~4llp o[ aaT ~'h onkr anJ of an~ chanRe o[ Aalion or rrsi.lenre purwant tEerctu
3. TAe ~ortaay~ sbaN aot srN, tr~n?fer or ~wewnbrr tbe aforesaid propeK~', in wlwle or in puL Swid ~~ropertY sha9 be wbject lo rie~ aed _
iptpeclinn i7 thc )IortR~l~ree at anr time. -
f. Thr ?Ior1~;w~.-or sha0 kR•V tha• .:ei.l p~olK•~~)' ~~~ured Al'TIRSL al) k~s-. ~Lima~r. or dr.uutiion Jue W 6re, tlxft, atnl ~dlixion, for no kcs tbnn t6e
lMnl wm.>unt o~+ir:~ hrr.vrxler until lutl~ prNl. wwd .hall drlirrr thr in>uran-e (wl cie< lo lAr \1orl~aK~- Said Wlicies sAall 4r eu6jett to aDDro~al bY tAe
~torts;ac.r w~•1 .l~aR M r:Vxldr t~. tba ~Ior»:~er_w iLa ietrrc~t ma~ wl~qar. Ii tnr HortwaRor faiLs to i•~on+re insurwnrr in aceor.lanee_vith tArx Drovisions.
tlK ak.rt~-aR..~ may. f.ul rba7L nnl 1~r oL~igated to: t~h ~tid irta~nce wt t!e HortRwKOr's r:I~rn,cr. ur in litv l6ereof ma7r deel~re tse ?erwaiwinR ~apai.l
Wtaner imm~.liale~' .lur an.! r:u-:•~-- TAe alnricw~at may car.~el .uch it~curan~r at any time and rarcive lhr relurn premium~. "if any_ In rrspetl to'
apr wher inau-amY 6nanml I.v l!w Slortca~:rr hr~ru~da•~. the Jl~~iwa¢or fieralY aut6urizes the :naurrr, in tFe r~ent of nnerllati.n of :u~h ieuurrnee to
I p~Y thr rNUrn P~~=~~ i( ~nSs to thr ?lortwaCK. - . •
S. The Nor4w~ ~all Mf Lefore deiin~ueni :1t- Uuces, useafineets wnd lice~~e faes imposed l~y Iww upon saed properyr. I~ aaid p~opertr is ininnd
. r deatmye.l throuttl~ fault or f1eRIiRM!! of a tAird perwn, lhe Hort~cor shntl wml herrbl ~bex w~=iRn to tl~e MortR+u[ee ibe xort[al[or i riR6ts or claim ,
:.~ind .nid tEinl pe~mn. not in exer« ot t6e wmeunt .Me Rereandrr. xnd t~e 111ort~Ree is herrbr aPWintal Iwwfnl wttoroer in fwH writ6 power anJ
nnthorilx to ~rtek.eornuromiv.sue for. colleel and reeeipt for saa~e in tbe name of t6e ~IortRa~cor.
6. Th~ !lort~seor ~AaI! oLtain on sxid nropertr w certi6rate ot titk or ot6er proo[ ot o`raersbiv reqcired or p~rmitted b~ la~r; s6ai1 zef[ister or neord
tAe lien of this ltort¢aict uj.on .aid ~erti6ewtr of tille or other proof of ownenhip: shaN execute weA typlicatjons or ot4er documept~aa.tosY 6e aeeeo-
~ary in orJcr to prexrce. remnl anJ prdect the lien of tAiu 1lortgsae: and sLa9 delicer swid eerti6cate or nroof W tbr 11o?iRwRee_
7. I~ t6e ecent of breaeA ot anr P~~~on or vrarranty of this Hortx+~xe b1 t6c 1lortrtasor. or ie the rrent of anJ defnnlt in an~ pasmeat or
installment due under this 'JlortgwKc or ander tbe said promiseory note. the ~Iorl~nRee ma1 a~ its optioA and withoat notiee or Jemaad, dedarc t6e eatite
•~nDai.l baknee of thc Drin~ipal debt W be immedialely due and paTaWe and withoul nolice w lhe IiortRaAOr. t6e Mortipger maT t~1ce immedEate posses
sion ot tbe aaid rropertY in ~cbole or in p~rt. wkeraKer it mar be found. F'or tbu purpose. ai[mts of lhe Mortpca~[ce. ma~ eeter upon lhe premisea ot tbe
aiQrtgaR~+r or an7 otlkr Dremises Rhere suc5 P~oMri3 be tou~d. and sea~e6 for. takr P~ss+oe and remore t~e same to ae7 Dlue We 1[atpB~'~ ~s
see 6L Mort~[aRee mar take ~posxssion ot an. other P~M~f in tbe snbjeet pmpertr at the time of tepaasessioa. w6enver s~e6 otber DroDMT ~7 be
tAerein. nnd ahaU Aold same temporari:y for 3[o~ieeQOr ~cithoot liability on t6e D~~ o~ tbe Yort~Rea In wch e~rmt, tLe )IortQatee wiB ici~e not iesa than ten
~ 110) daYS ~rritten ~rotice W tAe HortpROr bY oarti6ed o~ail srnt W 6is Wt known addreai, notitTing 6im Uut ibe 1lort~aitte ~ip cauie lhe aid P~'eV~~7
~ro
w k wkf eitLer_ at yuWic ao~tion b~ a dn1Y-licen~ed anctioneer W lbe 6i~che.t eash 6idder tberetor, at a ti~e and D1aee daiReated ia said notiee. or at
~ DuWie,sale in the manMr reQUired or permitted br ls~. T6e D~s ot :aeh sale shaA 6e applied b t6e pa~-ment ot t6e mpaid 6alance of the Iwn.
interest ibnvo. and soeA (ees or otLer eharyces a+ tre reasonable and neceasary e:penses inn~rred tor t!e I'qnidwtion ot tAc loae, aAd anY bwlanee shall
be remitted to tDe Horycagor. ln rase of defuiene~, tbe auaant of aeA defieieney, tqtetLrr with attornvi fees and iattrat, s6ai be paid W t?e 31ortRase~e
tx
~ bp t6e Hortgaso:. TLe ris~ts o[ the ~(ort6a~ee speci5ed in t6is Pua~[nD6 s6a11 not preclude tl~e 1lortx+~R~ trom ~kins an~ le~cal or other adioa it m~>
deem aeeess~rT atainst t6e aforesaid Droyert7. or anY pnrt t4ereot.
~ UNPAiD BA~I.ANCB~
Y SA D I~A
N 'I~AD~A~ICIM M~~OFL
Sio
0~00 SH~ S~CAN~~LLtiB~
UPO~~1~ DLJE YR~(IpF~THEA~ DBATH~
F~~ID
~ AR~D~OY WAR, DBCLNISD OR UND
~F.~.ARI~. AIV~i)~INS~URRBCPION~~ D:R8C1'LY OR A~IRLCI'LY PItOM W~OR ANY AGT OR HAZ-
9. It Is tAe fntentwn o[ tl~e MorlRzLa aAd tAe Ka~RS~. a~W th~. ~b7 a~ree. a~at tLe ~+w ot t~e State of V6~Inla slrLL sovera lAe makiag and prr-
t.xmanee oI tAia atortgage. and all r~Ats and oW~2~tions ereattd bq or dMvle~ tberefrom.
!0. MY re[crcnce Ir~rein W tAe ii~rtialee shtll be deeslM to IoNude 1LS wcceswrs or autg~ aod whnere~t the eontext p reVufres o~ P~its. Ne siagutar
cAall be takcll ia tl~e plutfl and the plurfl aIYU O~e ta~ W ~he dn~~a~.
11. 7'Ae NortRal[a ~bl ~+ties t!W a earceet aad eraet ooDY ot wM ltart~a~e Aas Deen snrtrodered ta the Mortg~gar a1 iAe dale o[ !fs cxeeutbn eM
# NSIhoul cost W the ldortsa8or. 1 .
~ In TF~~IONY THER~O~. vvitness t6e Laad(~) and seal(s) of said ortgagor(s).
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t21 ~ 3.1~ L'f' !1) ~ (3EAI.)
~ l~ we ot v~ntness sl~oa:ut~e ot Wortpaoc teon~er)
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~ ~ G~L t~r es~~t.~
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~ csa~ ~ibi~ <sEwi.~
a PLEASE BE SURE ~1CKNOWLEDGMENT IS COMPLETED ON THE REVERSE SIDE
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FU.de ( VA./ ! 10.ds1 `
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