HomeMy WebLinkAbout0235 ~ ~ 1he Mortgagor covenants with tAe mortgogee that the mortgogor is indejeosi6ly seized oj aaid
~land ia (ee sia~ple; that the mortgagor Aaa g~ood right o~d )ata~ul outhority to conuey said land as a/ore-
'said; thot the mortgagor rvill neake sr~clk j+~~~l~er osswonces to perject the jee sir~ple t~t~e to said land in
the mo~t`a~ee aa way ~easonably be ~eqxired; that tbe wo~tsagor Aere6y jtelly warrants ehe titie to said
land and raill deje~ed tlie sa~e ogai~rst the towjrl cloi~ns o~ atl pe?sons wbomsoever; and that said land i
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~is jree o~d clear oj ol1 e~cum6ronces. ;
~~~1VWfK1~ ~~s~ thot i f said ~nortgag~or sball pay unto said mortgagee the indebtedness ~
euideaced by tbot certain pron~issory note, o~ euen date herewith, made 6y the mo~tgagor and payeble ~
to the ~nortgagee in the principal surn o( ~
' ~ ~ ~ ~l~ , Dollars f= ) ;
without interest as therein stated, ond sholl per(o?n~, comply witb and a6ide by eacA ond every the !
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stipulations, agresMents, conditions and coueieants contained and set (oith in this mortgage and in tlie !
promissory note secured hereby, thea this mortgoge and the estate he~e6y created shalt cease and be ;
nuU and void. '
~ ~ tbe n~ortgago~ hereby ju~ther couenonts and agrees to pay pmmp~ly when due the principal and
other sums oJ money prouided jo~ in said note and this moitgage, or either; to pay all taxes and assess-
~ments on •said property; to puy all costs, charges and expenses, including luwyers' jees and title searcl~es,
'reosonably incwred or paid 6y the mortgagee because o( the (ailure o( the niortgagor to proMptly and ~
:(ullY comply rcith the ogreeMents, stipulotions, coaditions and c~uenants of said aote and this mortgage,
~or either; to perjorm, con~ply.with and a6ide 6y each and every the agreements, stipulations, condi~ions
mid covenants set (orth in said note and this mortgoge or either.. In the event the ~no~tgagor (ails to pay ,
when due any tox, assessment or otber suai o~ ~noney pnya6le 6y uirtue of said note and t1~is mortgage,
or either, the mortgagee may pay the su~ne, without r~aiuing or a((ectireg the optron to (orec:~se or any '
other right Aereunder. 4
uny su?n or ~noney herein re(erred to 6e not promptly paid withi~ thirty (30) days next af~er the i
sanie 6ecomes due, or if each and euery tl~e agreements, stipulations, conditions and couenants o( said _ ~
note and this niortgage, or either, are not ~ully per(ormed, complied urith and a6ided by, then the entire
sum mentioned in said note,and Ihis mortgage or the entire bulance unpaid thereon, shall (orthwith or ~
thereajter, at the option oj the mortgagee, become and 6e due and paya6le, anything in said note or
herein to the contrary notwithstandeng. Failure 6y the neortgagee to exercise any o( the rights or op-
tions herein p~ouided sliall ieot constitute a cvaiuer oj any rights o~ options under sdYd-~Cote or thrs
mortgage accrued o~ therea(ter acc~uing.
~n ~1111~ ~~~1~ the said mortgagor has hereunto signed and sea~ L~~Ep~ ~DRE?E
the day and yeor (irst a6oue u~~itten. RECORO V~~~1VTY, F
RIFIE
Signed, Sealed and Deliuered ~l ~I)~ ~
in the presence o(: _ 7~~~ ~ s ~
+ ~ l ~S + ` ` ~
"1 ~ urr couRT
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9~~'F` S~ N ~ ~ ' ,
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I HEREBY CERTIFY that on thie day, before me, an o~cer duly authorized in the State aforesaid
and in the County aforesaid to iake ackaowledgmenta, personally appeared
CARL SAl~SOII snd 1~1ARt3ARBT J. SJII~'84A, ~IS i~lFS
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to me known to be the peraon 8 described in and who executed the foregoing instrument and l~v~e ~
acknowledged 6efore me that ttyey executed the eame. ~
WITNESS my hand and otficial seal in the County end State lest aforeeaid the_~ .3 day of
. A.D. l9~_.
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o ry Public
My Commiseion Expirea: ` ~ `:'t'/~? ,
: ti 'v~~~~.. _ .
J a g day of . A.D. 19~~. cPL~pSE~Ai,A~~B~A . HERE~ ;
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