HomeMy WebLinkAbout2346 ~ the ~ortgagor covenanta mith the a~ortga~ee tbat the ~nortgagor is iRdejeaei6ly seised oJ said
'land i~ /ee si~aple; that the ~aortgagor has good rigbt and lawjal a~rt,hority to coAr~sy said lond aa arore-
•said; dtat tbe ~ort~agor will ~ake such (w~Jter asswances to petjec~ tbe jse aiwple title to ~said 1m~d in
the ~nortgogee aa wcqr reasona6ly be ?equired; that tJke neortgagor l~ereby jt~lly wmrants tl~e title to said ~
~and and wi11 de(errd ths ~saae ogoiast tlke lowjr~l clai~a oj all peraons wllo~?soeuer, and tlkat said laind .
~is ~ree aad clear o/ aJl eRCt~~abraitces, ~
~I~~~ tAot i( said ~na?tgag~or aAal~ pay anw said mo?tgagee the indebtedness i
euidenced 6y that certan proa~issory note, o~ euen date hererviib, ~ade by the s~wtgagor and payable ~
~to tAe wortgagee in t1~e principol sr+~ o~
_~iB ?HOl13JND 0~115 ~D 3BVSl1TY FIVB AND 00/100 Dollo~s fi~1T5.00 ~
without inte~est as therei» stated, and sball per~or~, co~nply with and abide 6y each and every the
stipulationa, asreementa, conditions ond couenor~ts contained and set ~ortk in this wortgag6 and in the
:prowissory note secured here6y, then thes ~nortgage and the estate bereby created shalt ceaae and be
'null ond void.
~ tke u~ortsagor hereby f~rther coaenonts and ogrees to pay prowptly when due tlte principal and `
other su~s of ~noney proaided jor i~ said note and this ~ortgage, or either; to pay al1 taxes and assess-
;~nents o~ •soid prope~ty; to pQy all costs, chu~ges and expenses, including lamyera' fees and title semches, ;
'reasonably incu~red or poid by the mostgagee because oj the /ailLSe oj tbe ~eortga~or to pro~ptly a~d ;
ij~lly comply mitlk the agreements, stip~lations, conditions and covanants of said note ~d this wortgage, "
~or either; to perjorw, comply with and abide 6y each and euery the agreements, stip~lations, conditions
aid covenants set jorth in scid note and this mortgage or either. In the event the uEOrt~a~or (ails to pay
when due any tax, assess~nent o~ other swn o( money paya6le by uirtue of said note und this ~uortgage, ~
or either, the fiortgagee ~ay pay tAe same, mithout waiuing or aj(ecting the option to foreclose or any ~
otl~er reght hereunder. ~
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oAy aum oj~oney besein re%rred to 6e not promptly paid within thiny (301 days next ajter the .
saue 6ecomes due, or ij each and euery tlte agreements, stipalations, conditions oad covenonts oj said
note and t11ia uiortgage, or either, are not f~lly perforwsd, cosplied mitA and abided 6y, tkew the entire .
swn me~ltioned in said note,and this n~ortgage or tlse entire balar~ce unpaid~tlsereo~, shall forthmith or
ihereafter, at the option o( tbe mortgargee, become anai be due oad paya~ile, aaything in said note or
herein to the contrary? notmithstanding: Failure 6y the ~oitgagee to exercise any o( the rights or op- ~
tions herein prouided sholl not constitute a waiuer of any rights or options under said no~e or this
nwrt~age accrued or tllterea(te~ occruing. . ;
~n ~~V`~ the said mortgagor has hereunto signed and sealsd tkese presents
the dny and year first aboue m~itten. ~
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Signed, Seo~ed and Delivered `
; in tAe esence o(:
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( norot I'~igaer~r ~
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i~fitr~eea chard trait~ S~ (
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STATE OF' ~ ~ , xo ~ ~c~ ~
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~COUNTY OF
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I HEBEBY CERTIFY t6at on this day, before me, an officer duly authorized t~
t s o r~~ ~
' aad in the County aforesaid to tafce acicnowiedgmeats, pereonally appeared n~ W ~Zn
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; (1?~tS.) DOItO'P~R A. IYII~, and Richard A. St t~ Srs Q:,Ro
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' to me kaown to be t6e persone described in and who executed the foregoiag inetrument and ~h~hs,~
` acicnowled~ed before me t6at ~ execated the same.
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WITNES3 my hsad and ot'6cia1 seal ia the County and State last aforesaid the~_d~y of
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