HomeMy WebLinkAbout2171 1~ ~AVe A!{1l L~ Ihe same, togefher with the tenemenfs. hereditamenfs and appuNe-
nances Ihereto 6elonpin~, ancl fhe rents, issues ane~ pro~ifs tl~ereo~, unto fhe mortgagee, in jee simple.
~ the morftia~o~ c~oue~iants wilh the morfgagee Ihat the mortgago~ is indejeasibly seisedtoj aaid
~an~ in lee simplc?; 16at lhe mortgagor tias good rtght and ~aw~u~ aulhorify fo convey satd ia.~d as a~ore-
~ saic~: Ihat tl~e mortpagor u~ill make suck Jurt6er assumness to perfect ttie ~ee aimp~e ftl~e to said ~and in i~e
morlgaflee as may reasonn6ly be ?equired: tl~at the mortgagor here6y /uUy wan~nnts tke litle to :atd land ;
I and u~ill deJend the same agatnst tl~e lawjul claims oj nll persons whomsoe~~er: and that aaid land is /ree ~
and clear o( al! encumbnnnces '
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~ ~~V~ ~~s~ lhat if saic~ mortgagor s~a~~ pay unto saic~ mortgagee the certain promis-
I sory note ~ereina(ter su6stantially copiecl or ic~entijiec~, fo-wif:
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~ - - ' ~OIIR ~ NO. NOT[ NO. ~
NOit - H7(EO MATYRITY . . ; .
(1l1TEtEiT fiOM OAiq - ' .
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~~nn,l~0., nn $wu~o~, T„~ ~ ~ Mas~ch 13, i~67 ~
~ On or befora February 1, 1968 •*L* dat~, tb~ nndessi~n~d (w~r on~ or mos~) promises to !
pap to th~ ord~s oi Honaton Banlc ~ Trust Comp~iy?. ~ atst~ baak or~anisd ~ud ~idini nndes t~ laan oi tlw 8t~t~ of Tex+u. I
. at its ~as in f~ C[t~ oi Honaton. Barci~ Coanh. T~ow. 1n L~rtul moos~? o~ t~ Udt~d StaLa o! Amarka, tb~ princiP+?1 i
~ One Hundred Thousand and no/100 1~• ~
.a~onns
topt}us ~ intuMt t~r~oa trom tL~ dat~ lNe~ nntq matariRy st t~ r~t~ o* sevCYl ~
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~ p~t ~ ~ ~~„~t ~ p,~~. auarterly. first interest uavment due Mav 1 1967.
~ wU past dw psindpd and int~sat on tLi~ not~ s~ll b»r lnta~st trom tm~Lntity th~r~o~ nntil psid st tiM rat~ a~ tat pesoent i
(10lG) P~ snnns. - '
~ ' T6is nots shsll b~eom~;mm~diaW~r du~ and p~~abl~, at~1N option oi tM 1w1d~r Le:~eot, v?itbout preaentm~nt or demaad or ~
say twtia W t1M rmd~rsisa~d or ao~ oth~r p~:son obli~stod beeyoa. upon t1N ocenrr~ao~ oi sny oi th~ lolbwin; rents: ~
dafanlt in !1~ yyra+~at or perlosauaa ot aup liability os obli~albn oi tiN nnd~rsi~n~d to tlrs hold~r o~ tbb ~ot~; os (b) ~r~sn
tbs ]wid~r oi t~is ~ot~ ia ~008 faitb bdims tbat t1N ~rosD~et a~ W?7an~nt a~ tb4 aot~ 4 impaired.
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~ It tLta nob ~s eoU~eted by snit er tbrontl~ t~ Prob~t~ or Banksapte~r Coart os ~ ~odkial proeadinQa or ii W4 note is
not y~id ~t n~torly~ ko~rw~s web autnrit~? msy b~ biou~bt abont, and it 4 ylaeed in th~ Lands oi an attosnh? for eollKtion. ~
th~a t~ nnda~fsn~d ~ir+~ to p~. u ~ttorn~?'s iw. ta~ paaat (10'Xr) oi tb~ tnll amount oi prineip~l and interest owin~ I
harwn at tb~ tliw tLis not~ i~ Dlaoed is tb~ baad~ oi an attornh. in additioa to all ot]wr auann4 owin~ hu~wnder.
~ T6~ nnd~rsisn~d and a11 wratia, a?dossan and gnaranton of thia nob ad~s de~ana. presentma~t ios payanen~ notic~ ~
oi nonp~ymmt, protest. t?otia of protest. and all oti~er notia„ tilin~ oi sait and diliQena in eoll~etin; this not~ oz enionin~
anr secnritr for tbia aote, ~nd a~ra to anp wbstiwt~on. ~ehan~ or ='°ieass °i anY ~e°rit~? for this note or tha
releass oi an~ past~ Prlmasil7 or ~eooadarilr li~bl~ hareoa. Th~ nnd~rsi~ned aY?d +U snrebies. ~ndonen and ~uarantors oi tbis
note lurthar asr+~ tLat it wrill aot b~ nenssury ior anr hold~r Lurof. in order to ~aforce p~ymeat by t~m oi tbis note, to .
firit institut~ sait Os t]cllansL iLs rnnldiM a~aiKt aa7 1w1uT Or Ot1~rs lisbl~~btr~l0i Ol to eALOra i!s t~bts a~aittst iny
security tos tbis nots sad oons~at to aay ~ct~asios os postpaa~nt ot t[ms oi p~n?eat a~ tLis aot~ os aay oti~r indnl~enos
wiW sap~et ~r~tor rrfWoat aotie~ tb~r~ot to a~ a~ tb~s. ~
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MATIIAITY DA - v, ,
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. Dolores Srant
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