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HomeMy WebLinkAbout0201 tlre wort~cror cousnanta witb the wo~tsa~ee tAot tAa wat~o~or is iede~eaaibly •eised o~ aad lond ia (es aiwple; tAat tAs uort~a~or Aas ~ood ri~l~t aad law(ul aatllority w coAwy said la~d as gjae- •aaid; ebat tlle wo~t~aRor mill wa~e sacA (wtlrer ossvrancea to perfect tJrs (ee ai~pls Htle to ~sotd laRd ia tlle wort~ayee aa ~a~? teaaonably be req~ired; that the wort~a~or llsre6y f~lly ~oanosts tJre tide b aaid land and ~oili d~ftai tM •sawe a~ainat tAe /aw(ai cioi~a o/ att peraona wAowso~aer, a~d tbat said land .is ~res o~d cl~a? of aU suc~wbra~csa. ~~~1~ tAat ~E( aaid wort~agn~ sAol! pay anto aoid-~ortsasee tGs iade6tedneaa e~idenced 6y dlat ce~to~s prowissory note, o( euea date herewitb, wade by tl~s ~oittasa and paya6le to the wortsa~es iR tbe pruecipal s~ o~ - liins Hnndr~d 3s~sn~,y aaQd 00~100 - - - - - - - - - - Dollars (i 970.00 ) ; witl~out inteieat as dkereia stated, and shcll perforw, cowply witA and a6ide by eoch oRd eue?y the stipulatio~a, apes~e~ta, conditions oad couesaeta coataiasd aad aet fo~tll ia tbis wort~a~s and ia t)~e prowiaaory ~ote sec~u~ed Asre6y, then this wo~t~oge a~d the sstQtt l~sr~by creatsd shall ceaas and be null and aoid ~ ~ t~s aeort`o~ bere6y (~stl~e~ coue~oata m~d aarega to poY Pmu~ptly mlrea d~e the principol a~d othe~ su~es oj wo~ey provided (or in said note a~d this wortgase, or eitller, to pa~? oll taxes and assesa- ;wenta on •soid propesty; to Pay all casts, char~es oad expe~aes, incl~din` laeoysra' fesa a~d title seo~ches; . ~reaso,eably incaned a paid 6y tbe ~ortgaQee beca~se of tl~e jaiiwe oj the wort`a~o~ b prowptly and i(u1ly co~ply with tlke apee~aents, stipulations, conditiona and couenanta o(~aaid note aud this u~ateage, .~or either; to pe~rorw, co~ply mith oad abide by eaclk and every the a~reewenta, stipuTatioxs, conditiars ~ a~d couenanta aet tostk in aaid note aad tkis wort~a~e or either. la tl~e euent tJke ~ort~a~or {aila_to pay mhen dee any tax, assesawent or other sw~ o( woney Poya6~e 6y utrtae o~~aaid xote oed thia u~ostea8e, or either, the wortgo~ee waY Pay the~ao~ue, mit~tottt maiving or ar/ecting tAs opt~oa to foteetoae or any O~'I TiBk~ A6T6fqld6l. ~ a~y sws of wo~ey hereia re(erred to be not prowptly paid roethin tJkisty (30) days next a(ter the saa~e becowes drre, or if eoch and.every tlye agreeweats, stipulationa, co~editiow~ead coueaouts of said n~te and tA~a sort~age, or either, are not ~~ly per{ot~eed, complied mitk oad abided by, tlyen tke entire swK ~e~itio~ted in said Aote,an¢ t~iis a~ortgose or tA~ entine balw~ce r~npaid t~enox, ahall (ortlunith o~ tl~ereajter, at the optioa o~ the wortgagee, beco~e and be due and payable, onything in said aote o~ lkereiR to tlle co~ttrm~y aotaitbsta~ding: F'oil~rre by tlre wat~asee to-exerCise aRy of tl~e ri~hts or op- i tions herein prouided siwll not constitute a toai~rer of uny rights or options uRder aaid note or thss • ~eortgage aecrtied or tAsreafter oecraing. ~ , ; the said mortgagor has hereunto aigned and sealed theae presents ~ tl~e day and year first aboue written. i ~ Signed, Sealed ond Deliuered ~ in the reseace of: . i ~ ` ~ rn ~ ~ ~ ~ tasas c K. Phillips . I ~ - - ` ~ T~tness I~snara Phillipe ~ . i ~ STATE OF ~ J~~ . ~ ? se. ~ ~ ~COUNTY OF ~ - ~ ao I HEREBY CERTIFY that on tfue de~y. before me, an officer duly autborized i~ 3ta~af~~ r v and in the Coun aforesaid to take acknowledgmenta, pereonelly appeared c? r=' ~ G J i' o my ;o v+ 7D z Onp Da~inie I~I. Philtipa, & Leaa~a Philliptr (uife) co ~m - Zc~ ~ to me kno~rn to be the p~eona described in and who e~cecuted the foreg~oing inetrum~~, lows ~ rn ~ acknowledged before me t6at ezecuted the same. ~ o ~o ~ NE3S my hand eu?d oflicial eeal in the County and Stats laet aforesaid the of = ~ ~ , ~ A.D. 19~. i ? * ' ~ ~ ~ Notary Public ~ . _ ; i ~y Commission E~piree: . ~ ~ - ~ 1 i v~ . ~ .2~ ~ day ot , A.D. 19~. (PLEASE PLACE $EAI._~iEREL. ~ ~ v: = : a ~1 ' ' ~ , r v O ••'y I Cq 1 _ . ; > 1• . _ _ _ ' ~ ~ 24U . - - - - . _ _ ~ ~ : _ ~Yi , ~ ~