HomeMy WebLinkAbout0027 - - ~ - - - ~ - - - ~ ' . ~
To plat~ u~d continuously ka~p on tM buiidie?ps now w her~aftN sitvat~ on said land snd on ~11 puipn~M N~d pK~anlly aowr~d bY N~b n~a~P
ye. with ~II ptmiwm therto~ p+id in full, fire insurance in tla usual studard policy form, in a~we ~pprowd by th~ MORTGAGEE. ~nd v+M+d~fom~ ti
insuraac~ in tM Vsual ~unda?d pot~cy fam, tn ~ swn app~ovnd by tM MORTC3AGEE, M+ wch ~aapaer ot ooTW^1a ~f the MORTGA~iEE ^"~r
d~rect: and ~II fin ~nd w~~twm inwrann polKw~ a+ ~nY of s~id buiWinp~„ u~y int~t tlwein w part tlwwf, tn tl» apqrp+q swn afora~W or ~
Ir, ~xo~ss 1her~of, shsll contain th~ vswl itandud mor~9ages cla~ne a such o~iwr dav~ a tM Mort9apN m+Y rpv~n. m+k1~p tM las wd~ s~id po1E .
cies, each and ~vary. psY+ble W s+id MORTGAGEE as in i~tcreit may app~ar. ~~d ~+ch and w~?Y Polity sh~ll M prompth a~~pMd w+d d~UvN~d tO t
.ny Mld by said MORiGAGEE as furrher secwity ~o said mortpa9a debt, a~d. not I~ss than ta? l10) d~ys in ~dvanu of tM ~xpir~tion of ~ach policl?. to dM ~
Ilver ro s+id MORTGAGEE • renewal thereof, toperhar wi~h • ~eceaPt for the premiwn of wd~ r~newalt and tlwt~ sMll M no f'u~ a wird~tam intwana .
placed an ~ny of iaid Mrildinps, u?y intcrest therein or put therwf, vnleu in th~ fornn and with tFN bas p~Y+bl~ ~for~aidJ ano M iM w~nt u~Y wm 1
of m«ay becan~ p~yabt~ ~ndK wch policy or polic~es said MORTGAGEE ihall Mw tFw optan ro na~iv~ u+d ~pply tlw s+rM on ~caow+t d th~ Ind~bted~ ~
ness s~cwed her~by w w permit s~id 1MORTGAGORS to rccciw and us~ M a any put thereof for orher purposes, without ~henbr waivtnp a unp+h-
Eng anY puiry. li~n w rght under or by v4tw of this.moztgs~e: and in tM ewnt a+id MORTGAGORS s!?sll fa ~ny n+~on f~il to kNp tM s+id PrNnias so
insured. p fail b deliver promptly any of said polities of insurance to ~aki MORTGAGEE, a f~il pranptly to p~y fufly +nY Pr«^ium thK~fw w irt ~nr
respect f~il w pKforrn, dischupe. ex~cvts. ~ffed. compl~u. comply wirh x?d abid~ by thi~ aow++~nt, or ~ny put hKwf, wid MORTGACsEE nwy plaa ~rid
pay for wd, imu.«+c. w anr pa?~ M~eof without w~ivinp w sff~ctinp any optian, li~++, puity, w ripht und~r or by viNut of tNs Mort9ap~. and the
full amouot of tach and ewry wd? p+yment ahall b~ immediatdy dw' u~d pry~bl~ and shsll b~ar in»r~st from tM dat~ thaeof uMU p~id ~t th~ raN ol
n~ne psr pntum pK annum and togeN+e~ wiM such intersst shall be sec~red by 1M lie~ of this morp+p~. .
I. To p~rmiL oommit w wffer no wut~, impairment « dete?ioration of said propsrty a+ny p~rt tM+~of•
5. To p~y all ae~d singular the costs, charges snd eYpe~ses. includiny a reason+ble a~tomey's fe~ and cwts of ~batratM
of NtM. kKwr~d o? paW N
any time by said MORTGAGfE, b~cavss or in the event of the fail~rs on the part of ths s~id 1NOR?GAGOR to duly. p?oroM~1? ~nd ~u~~Y P~~ ~
execute, sffed, compkte, oomply with and sb:de by each and every the stipulatioi?s„ ayresm~nts. oa~ditiau. +nd aown+MS ef ~+id Pra^1s+ory ^ot~ a~d th4
mortg~ any O~ either. ~nd sa~d cosn. charges and expenses, each and every. shall b~ imenediu~ly due snd pay~blet wMtAK ot no1 tMre be aotia d~
mand, attempt to colled w wit pend~rg~ snd the full amovnt of each snd every wch psymem shall bea? int~nst fram tM dat~ thenof wNil p~ld tl tM
ra~e oi nin~ per centum per annu~n: a~d all said cos+s. chsrges and expense~ ina+rr~d or piid, topethar with suth Inter~st, aMll b~ s~twd by fh~ It~n of tN~
mortyay~.
6. Th~t (a) in tM eveM of any b~each of this Mwtpape w defsult on the p~rt of tM MORiGAGOR, w(b) in tM wNM u?Y d w&1 s~ °f ~^°^~Y
herein referred to be not promptly and fully paid within ~hirty (30) days next after the s+me teve?+Ily becant dw ~~d WY~. w~~~~ a~~~
or (c) in rM event ead? and every rhe stipularions, agreemenn. conditia?s ~nd cown~nn of s~id promisw~y nWe a+~d t~+7s rtiortp~ ~y or ~tMr an nol
i~ty, prompHy and fully performed, d~scharged. executed, effected. completed. compt~ed with and ~bided by thM Ifl litMf Of ~Ily NICI1 ~Wllt tM Mid
gregate wm menrioned in said promissory nore then remaining unpaid. with interest atu~ed, ~nd all morNya Mcvnd. h~t~bY. sh~ll MooiM dw snd .paY'
able fwthwith, a there~fter, ~t the optirn of said MORTGAGEE, u f~lly and compktely as if ~II of tM wid sun~a of ma»y vwt~ orqindly ttipubted
~o be paid on such day, anything in sald promiuory note a in this Nbrtyage to the conrrary notwithsund'u+p: and thK~upon a Nwreaha at th~ option of
seid MORTGAGEE, without notice w dema~d, wif at law or in equity, theretore or rherNf~.r b.ywn, nar b. pra..cw.d a tf mo~eYj s~wnd I~M~bY
had ma?ured prar to its institution. '
7. Thst in the event thst at the beginning of or ~t any time p~nding ~ny wit vpon this Mwt~+p~, c? 1o IondoN h, a? fo r~fonn R. or to ~nfora
payment of ~Mr d+ims hereunder, said MbRTGAGEE shatl ~pply to the Gourt hsving iv~isdiaioo thenof fo? tM appointmN+t of ~ Rtc~iv+r, wch Court sh~ll
forrhwith appoint s receiver of sai~ mort9aged property all and iugular, includ~ng all and sinyular tM inooe+e. profits, tssuM +nd rtwnws froen what~vK
suu~ce de?ived, each and every ot whKh, it beiry expressly understood, is hereby mw~gaged ~s if sp~cifiully iet forth and d~wib~d M~ thi Sr~etinp ~^t!
habendum dauses hereof, and such Receiver shall have all the broad and effective fvnct~w+s u~d powers in anywis~ emrushd by ~ Cowt 1p a Rae~iwr, ~nd
s~ch appointment thall be made by such Court u sn admitted equity and ~ m~tter of absolute right to taid MORTGAGEE, and withouf nf~?a?t~ to 1M
edequacy a insdequacy of the wlue of the propery mortg+gsd or to the sohency or insolvency of taid MORTGAGOR ot tIN d~f~ndants, ~nd that ~uch
re~rs, profits, income, iuves and revenues shatl be applied by such Reteiver accordinp to tM lien or eqviry of ~aid MORTGAGEE and th~ ptaetiq oi s~ch
Court. ,
9. To duly, promptly snd fully perfwm, diuMrge, execvte, effect, aomplete, eomply with and abid~ by wch ~nd rwry tM s~ipul~tioeu~, pnNrwn».
condir'rons and cove~ants in said p~ort~tsswy ~ote and this mortgage set forth. ' • _
9. ihat in the event the ownership of the mortgaqed prem~ses. w ariy part thereof, becomes wstd in a p~non otha th+n th~ MORiGAGOR. th~
MORTGAGEE, its wccessors and sss~gns, maY. without notice to the MORIGAOR, deal with svch wcua~or or woa~wr in iMera~t with rtterMn to thk
mortgage u~d the debl hereby secured in the same manner as with Mwtgsgw without irr'any way vitiatinp a dittharpinp f!N Mortppon' li~bilify INn-
under or upon the debt hereby secured. No sale of the premises hereby mortgsged and ra fabearano~ on the p~A of th~ MORTGAGEE or ib waoason
er assigns snd no ez~cruion of tl+e time fw the psyment of the debt Fxreby secured yiven by tFK MORTGAGEE or ifs suto~sso~s w+stip~s. +Iw~~ op~r~f~
ro release, disd~arge, modify change a affect the original liabiliry of the MORTGAGOR I+erein, either in whole a in part.
10. h is specif'ically agreed that time is of the essence of this contnd and th~t no w~iver of ~ny oblipation Mrwnder a of th~ oblip~tion M-
cured hereby thall at any time thereafter be held to be a waiver of the terms hereof a of the instrument secur~d h~rby.
11. In sdddtwn to the fwego:ng monthlY paYments of princ:pal and interest required by the promisswy note secured hereby, maf~agor oown+nb
and agrees to pay to mortgagee with eacfi
monthly paymem an addi~anal sum estimsted by mortgagee to be eqwl t0 1/12 of the annus) cott of th~ fdlow-
~~9~ • i
A-All real property taxes levied w assessed against the above desvibed real estate.
' B-Dremiums on fire and windstorm inwrar.ce as herein requ~red to be carried on the imprOvemenri situsfe on tM ~bovs dewib~d prNnis~s. j
C-Premiums on svch mortgage guaranty insurance as mortgagce shall from time ro time deem fit to urty on the !oan aeax~d hertby.
Mortgagee shall from t~me to time nofify mo+tgagor in writi~g of the amount due and psysble hereunde~ and wth sum shall iMrevpon b~ dw atd
Fayable on the due date of the next monthly payment and each successive mwUh thereafter until mwtyagee shall notify mortgsgo? of ~ thinp~ in suth
zr*,ount. Such sums sF.all be applied by mortgagee toward the payment of real properiy taxes, inswance premiwos.. and mortp+p~ pw?+My inwranq ~
i premiums. ~ -
~ IN WITNESS WHEREOf, tFx ssid MORTGAGOR has hereunto xt his hand and se+l the day snd yNr fint afw~said.
; ~ Sipned, eale d livered in th of: ? • • ~
, ~ n
~ ~ ~
~ - _ ~--n
~ E/~~ ?~t,~v„?, .
STATE OF
~9 iP/So~ ~ ss. • ~
couNn oF
eefore me perwnally appsared Yi,llia~e R~ Ever{ ~nd
JIL~~ TAl''~~# his wife, to ms vv~ll known snd known to m~ fo b~
rhe individuab described in and who ~xecuted the fore~oirg iintrumeM, and ~cknowkdyed before m~ ttwt tMy exearted the sams for th~ purpos~s
,;~fQ1~ Jane Everitt
i f* of ~,~A~ ~ . ~ , - • upon • s~ppat~ ad prhat~
examiriat' nst e and apart from her said husband, sduwwled9ed to and befort me thst shs exearted s~id irotrurt~ent frNly uid volvrr
rartlr a l~~ ar~ ~ ~~dn, ca~strsint, apprehension, w fear of a from he? wid ~~J
j~IITNE5~1my ii~ x~~fi~l seal this -3~ ~ day of ~ , A. D. J9/'.'yL
~ ~ G ; ~5~: - ~ ~
• - Notary Public in and for tM Stm of
~ ~ . ' ; ~
: y •-T ~
. , My c«~~+ ~~y,,~.,~a ~ ~ yd
~ Ret
w~ Tr'.~'= Ft L
EO AND RECORDED
Fn.t•~?,~ savir+p,•i~'~atp~ ~ gt. 1.UCIE CQ N~•
~ •-o~ ~ P~~~~ R~CORt~ V~RiFfEO" - ~
- ~ ~.~~tc~,~~:~a~ -
~
'6T dU 3.. AM 10 : _y8 . .
- ~5'7fi1'7 . i
~ ROGER ~017RAS - ~
CLERK CIRCUIT COURT ~ ~
. 1
i
( ' _ aaoK~s7 ~ ' ~ . . :
-
: _ .k,~ ~
~ ~ - -
~,u~ ~ •