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HomeMy WebLinkAbout2071 , i ~ the wortgago~ covenants mith lhe ~no~tgagee thot the wasgago? is inde(easi6ly seired o( said ~ I'land in (ee simple; that tbe ~no~tga~or has goad rigbt and /au~(ul aathorily to convey said laid as ajore- soid; ti~af the ~nortRagor wil~ u~oke such /urther ossuronces to per(ecf the (ee si~nple title to said land in ~ the a~ort~ogee as eay ~eosonab~y ~e required; that ~Ae ~nort~ago~ bNe6y (~lly morrants the title w said lond and utill defend ~he san~e against the tawjul claiws o~ oll petsons wlawsoeuer, and ~hat said lond .is (ree a~d clew o~ aJI erecu~nbratces. ~ ~~s~ tAct i( said a~ortgagor shall pay uato said mortgagee the indebtsdness euidenced by that ~ertan promissory ~ote, o~ euen date herewith, .aade by the wortgagor aad paya6le ~ to the n~ortgages in the principol swn o( ~ 3EVSN Ht~BD NIi1B'1'Y aad 00/100 ~ • _ Dollors (s?90.00 _ I ~ witliout interest as therein stated, and sball pe~jor~n, co~nply witk and abide 6y eoch und euery tAe stipul~tions, agree~nents, conditiQns ond covenarets conteined and set jortA in this ~ortgage and in the pro~issory note secvred hereby, then this ~no~tgoge and the estat~e here6y created shall cease and be null ond void. - ~ tke mortgagor hereLy fvrther couenonts and agrees to pay promptly when due tlae principal and other sums o( ~noney prouided (or in suid note aed this mortgage, or eitAer, to pay at! toxes and osse~s- ;ments on •said property; to pay all casls, charges and expcnses, including lawyers' (ees and title searches, °reasona6ly irecwred or puid by the ~nortgugee 6ecause o( the ~uilwe o/ the mortgagor to prowptly ond " ; fully comply mitl~ the ogreements, stipslueions, conditeons and couenonts oj said note and this mortgage, ~or either; to perforn~, con~ply mith and o6ide by eoch and euery the agreemeats, stipulations, conditions ~ aid covenonts set jorth in soid note and this n~ortgage or either. ?n the euent the u~ortgogor (oils to pay ' ~chen due any tax, assess~ent or other sum o( money paya6le 6y uirtue o( said note ond this seortgage, or either, the mo~tgagee may pay the some, roitlaout waiuing oi a(fecting the opfion to (oreclose or any other right hereunder. ~L any suni o~ eeoney herein re(erred to be not promptly paid iuithin thi~ty (30) days next a(ter the : same 6eco~nes due, or ij each and euery the agreements, stipulaeions, co~editions and covenants o( soid note and thes niortgoge, or either, are not ~ully per(onned, complied with and abided by, tl~en ehe entire swn mentioned in said note,ond this mortgage or the entire 6alance unpoid thereon, shall ~orthwith or ~herea(ter, at tlee option o( the mortgaRee, 6ecome and 6e due and payable, anything in said note or herein to the contrary notwithstanding: Failure by the mortgagee to exercise ~ny oj the rights o~ op- tions herein prouided shall not corestitute a roaiuer o( any rights or options undet said note or ~his ~ - mortgage accrued or therea(ter accruing. F ~Q -~1{~[Vf~ the said mortgagor hos heieunto signed and sealed these p~esents ~ the day and year (irst aboue mri«en. ~ ; Signed, Sealed and Deliuered ~ in th esence o~: : I ' • ~ ~ i gg ~ames . , r., • ~ ; i = J~ r`' , • ~ ~ ' ~ A~~C. . a e . c , ; STATE OF MARYIAZ~.D , I ae. ~ ~ COUNTY OF m'_ l~ ~ r j~ I HEBEBY CERTIFY that on this day, before me. an o~cer duly authorized~ S F-~'o~~ m ~ and in the County aforesaid to take acknowledgmenta. pereonally appeared 0°~, m D' z1.., ~ ~ ~ z i JAI~S C. LYACS, BR., aad MARIE V. LYACH, HIS 1~iF~ c~ o ~i s C~` C m g ~ ~ ~1 Z n I C~ 'tl O to me known f,o be the peraon s deacribed in and who executed the fotegoing inetra~qgnt n~ hsv~ ~ ^ , i acknowledged before me that fi,~ey executed the same. ~ ° r o ! WITNESS y hand and official aeal in the County and State last afore~aid the o day of - 1 A.D. 19 ~ ~ : ~ J.-,, ~ ~ • _ : ~ ,f ~ ~ ~ . , . I_ f~~„ ;Ff~ , ~ . ? ~ r i'~ ~ _ ~ Public ` ~ ; ~ ~ „ ;Si,. . = f I ~!y mmiQeion.~ , l ' ~ F ! ~t~dsy of A.D. 19~. (PL,EASE PLACE SEAL HERE) ~ ~ ~ ( - . ~ ~ ~ ~ ~ - X ~ ~ ' ~ - ~y ~ ~ _ ~ ; ~ ~ ~.rl _ _ ~ . : - ~