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HomeMy WebLinkAbout2782 .f ~'t6e i~'oitgagor couenants with the ~nortgagee tAat the n~oitgagor is indejeasibly seized oj soid 'land in (ee si~nple; that tbe a~ortgagor has good right and latujul autlwrity to conuey soid land as a(ore- •said; tbat tbe ~aortgogor u~ill make such (u~ther ossurances to per~ect tAe f~e si~nple title to said land in the ~nort~agee as may reasonably be reqaired; that tAe ~ort~agor here6y jully mananta tbe title to said land and mil! de(end tlle •sa~ne agaiast the law(ul claiws o~ al! persons mlrowsosuer, and that said land ,is (ree and clear o~ all encumbraaces. ~~~DVIpLR ~~s~ t~at i( soid ~noitgagoi sholl pay unto said n~ortgagee the inde6tedness euidenced 6y that certaiR pron~issory note, o~ euen date herewith, enade 6y the ~o~tgagor and paya6/e to the u~ortgagee in the principal swR o( O~tE ?HOt13AND THIiBS HTI~iBD 38V6NTi 1rIV8 AI~D 001/1.00 Dullors fi 1375.00 ~ mithout interest as therein stoted, ond shall pei(o~m, cou~ply ruith and a6ide by eack and e~uery tbe stipulations, ugreemenla, conditions a,id couenaats contained and set (orth ea tbis ~o~tgage and in the ~ ;pro~issory note secwed he~eby, then this mortgage aad the estate here6y c~eated shall cease and be 'null and void. ~ tbe mortgagor here6y jurtber couenants and agrees to pay promptly when dr~e the prencipal and other su~ns of money prouided (or in said note and this uto~tgage, o~ eitber, to pay all taxes and assess- ,..~ents on •soid property; to pay all casts, cho~ges and expenses, including lawyera' ~ees and title seorches, 'reasonably incwred or paid by the mortgagee 6ecaase o( the failwe o( the mortgagor ~o promptly ond itully co~nply mith the agreements, stipulations, conditions and covenants o~ said note and tbis ~nortgage, ~o~ either; to per(orm, comply with and a6ide by eacb ond euery the agreements, stipulations, conditioas m~d couenonts set forth in said note and t/~is mortgage or either. In the euent the wort~agor (ails to pay when due any tax, assess~ent or other sum o/ ~noney payable by uirt~ee o~ aaid note ared this n~ortgage, ° or either, the mortgagee may pay the same, without waiuingor aj(ecting tlie option to (oreclose or any other right hereunder. ` aay su~ ot ~noney herein refened to be not prox~ptly poid toithin thirty (30) days next a(ter the ~ sane 6eco~nes due, or i( each and euery the agreements, stipulotions, conditions and couenants o( said note and this ~ortgage, or either, are not ~ully perfor~ued, co~nplied mith and abided by, then the entire susi ~eritioned in said note,and this mortgage or the enti?e 6alance unpaid thereon, shall ~orthwith or therea~ter, at the option o~ tl~e mortgagee, become and be due ai?d paya6le, ur~ything in said note o~ herein to the contrary. notwitbstanding: F'ailr~re by the mortgagee to exercise any or the rights or op- tions he~ein prouided sholl not constitute a waiver o( any rights or options under said note or tbis nwrtgage accrued or thereofte~ accruing. • ~n_ ~~Il~l ~~~1~ the said mortgogor has he~eunto signed and sealed these presents the day and year jirst aboue written. i ~Signed, Sealed and Deliuered ; in the presence o(: ~ / ' /G~~,~~~ ; ~ aa ~slaon W, l~cclellan ~ ~ ~i~ ` G'~'_~.~--- ~ i~tn a abeth : 2+I. HcClellan cs A ~ ~ STATE O F ~ ~ ' ~ ~ ~ -~'v ~ ~ r' ; se. ~c~ ~ ~ ~co ; ~COUNTY OF ~ ~ o ~ ~mz ~ I HEftEBY CERTIFY that on this day, before me, an officer duly authorized~h S~te and in the County afo~esaid to take acknowledgmenta, perBOnally appeared mCm ~ ii'IL90H W. Ii~CLSLUI~T AIID BLIZABEtA M. McCLSLI~ll+i, HIS WI~ n ~ ~~o -~1 N ~ ~ to me known to be the peraons described in and who executed the foregoing instrument an~hey acknowledged before me that tbep executed the seme. WITNESS my haad and official eeal in t6e Couaty aad State laet aloreeaid the~de~y of ~ ~vo n~rC `i , A.D. 19~Z_. • i Notar~r9P ' ~ s • •--~•ru• 6. My Commiseion E~cpires: ~ f~~"~"'!, ? ~ - ' G~'~ _ ~i ~;~b~ . /S - dsy of ~ y» ~ , A.D. 19~L~. (PLEASF~$~A`~ ~ b H , ~ 1 ; • , . - • ; ,•1.~r ;i:: , . ~p.~ ~i•.,.',,•'~~. i 2~~ i'!?`~• - doox~-S~J ~ . : ~ . - ~ ~ ~ - - - : M ~ f, x~.;~~ : ~ .v,:~.~. s ~1 _ ~,v _