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Ta plaa ~+d oonHm+ously kpp on 11+~ bui~dinp~ now a hKwftK ~itwt~ on s~id iand aod on al) puipen~M M+d PK~b 61? 1~
.o.,, wuh .u pnn.iw+~ ,Iwr.a~ p.id in t~11, t4. cnwwno. h t++. ww~ q.~+d.ra vc+ic~; f«n~, ~n a.w~+ ,pp.or.a b~? H,. MORTw?ciEE. «w! wa+a~wrn+
Mwrana In th~ u~w! 'i~and~rd polic~r fonh in a swn ~PP~~ b11 tM MORTWIGEE. M sucl~ ea~pany w~ as th~ MOR?GA(iEE n+~1?
dinct~ aed ~Q fin ~r?d -~rind~lom~ kuw~+a policiK on ~n11 of Nid buiWinp~, ~^1~ tM~rat 11~in a p~et 1Mno . b Ih~ apprq~t~ wm aforNaid ot
In ~xa~t NMnef. ~MIt oonuh~t~i wwl ~Nedard n+orp~pM c1wN a wd~ aMr daw~ a~ M~ Matp+~ map ew~?i?w ~inp ~M los~ wd~ wid poli~
ch., .acA a+d ~wry. wr+W. a ~Nd.M~o~tcil?GEE .s ie. tnt.n.t mar .ppw. .ad ..d~ and ~wry wd? v~~i? •~at1 b. p.on+pMy .ss:qn~d «w! d.thr.nd a
.n~ h.ld b~ uW MokTC~?c~E a fw~h.?~w a ~ard ~o~yao. d.W. and. no~ wa rhan ~.n lio~ d+r r+ adv.na ot N» .xpr•Non of ..d+ ~o~cy. a dr
llwr b said MORTGAt'sEE • niw~wal 1Mnof, top~thK with ~ noeipt for tM pnmium of wch nMwa4 and ~ ~hal1 b~ no fin a wind~tam Inax~na
p1~ad on any of ~aid buiWlnp~, aMr IntK~a tM~~in a P+r1 M~nof. wdw h N+. fonw'and with fM loa paybN u ~fon~+~ds and in th..wne +ny ~wn
ot nwn~y b~aoeew~ payaW~ v;d~r wch polky a'polici~ ~id MORiGAt3EE sh~N h~w ~M aption w?~aiw ~d ~pply tM s~nr on acoount o1 th~ Md~bt~
npa Na,nd ha~ a to pKn4t saW MORTGIIGORS a haiw and uw N a aMr p~rt tMnof iw aha pwposa, wittwut th.r.by w~tvin~ a impair
Inp +~Y ~Wib• li~n w ripht ut~ or by virtu= ef tNs i*oHp~p~t and in tM ~wnt ~id AAORTGAGORS sMll fa my nawn fail to kNp ~M wid pnmiaN a
inarr~d, a f.q b d~NvK pranpllr ~ny o~ s~id policia of Ma~w~a a s~id MURTGJ?GEE, a fsil pranptly to p~y fully any pnrniwn tlwnfa a h~r
rap~f hq 1o PKto~ni. d~d~+r0e. ~~awtA ~ff~ct. oanpl~Ni, cpnP1Y with ~nd ~Wd~ b~r this oowsw~t. or a~y pirt ha~oi. ~td MORTGAGEE m~y pl~o~ u+d
ar t« «+~d~ awr.«~o. ««w ah rh.?.of withow w+nrYg a+ff.a~ro .er oplien, u.n. wuHr. a npM una.r « e~r wnw d ~i,~. Maro.~.. .+~d th.
ivll anwu~N of ~ad~ ~nd ~wry wd~ parn~N tFwU M inrn~di~pir du~ and pYabN ~nd ~Adl bwt MN~st froia tM daN tMr~of u.;!ii p~id N dM aN o!
nin~ pK antum pM a~rwm aed toyNAa wtM wd~ int~rpt ~haU be ~cwad by 11w IMn of Mi~ aorlpp~.
f. To p~nak, oam~ or adfa no wasH. Mp+innent a dN~riontion of uW propwty or any p~r1 1Mrwi.
S. To pay ad ~nd ibiQul~r th~~ooa~r dwpM +nd ~xp~nw~, ind~dinp • naso~abN ~ttorn~ys fK snd aoab of ~bqraets of thl~ inain~d a p~id N
any tim~ by wW MORTGAGE~. b~c~uN a in 1M w~nf of tIM faihin on tM patt of tl~ wid AAORTGAGOR to dutY. P~P~~Y Md fuUY P~o?~. ~}++~~t
~x~cvN. ~ffsct. oo~apt~q. oompi~ with and abid~ b~r ~ad~ ~nd ~w~ry tM stipul~twia. +pr~sn~oa„ aonditfom. and oown~n» d said promisary ooa and thi~
.ny or ~iNw.. and wd cosa. ch+r~ ~nd •xwrwa. ~+d+ +nd wwr, sh.U b. MnMdial~l~r dw and p.yabMr wMtM. a na Nwr. b. no+ioi d?
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a»~mpt to oo1Ma a w11 p~r?dinp~ .ml th~ fuil amoaM ot wd~ ~nd w~ry «rd~ payn+.n? a1wN bx infens~ froa+ Nw dat~ tlrr.of wuil p~id ~t tM
nte of eirr pt~ tanMn pM anwny and ~II a~W o8sts. chwyp ~nd ~xp«ws hpurnd or paid, 1opNh~t with wd~ inttnst. sh~U b~ Mcw~d by tM li~t d tlRs
nartp+pw
6. ih~t (~j In ~M wNM of airy brNCh of M~is Maq+p~ w d~fauh on ~h psrt of tM iYIORiGAGOR. a(b) in fh~ w~nt senr d aid wnM of namy
Mr~i~ nhn~d to b~ aot pro+npt~y and fuly p~d wfth~n thutr d+ys eext aft~ tlw s~n» wvudy b~oori» dw and wy+bNy wnlaw dan~+d o~ notica.
w i~) in Nw w«M ~ad~ and ~wrY th~ stipu~+tiom. s~n«mnb. aonditib~a and aow~Nnb of aaN! pra~isto~y not~ aed tlws narqsp~ ~ny a~itMr ar~ nw
iuh. P~~Wh? and ivUy pwfornwd, discharp~d, tx~cut~d..~fftcted oompb»d, oa~liwd with and abided dy. NNn in ~it1Nr a a~r wd~ rwM tl» wid a~
prp~h swn ma~tiawd in wid prami~s~r ook t1+M n~nsin4+p w?paid, with Int~rat ~cuwd, aod dl moMys »aN~d Mrebp, slwll b~oo~M dw snd P~Y
abl~ torthwrith, or thKNh~r, st tM option o/ said MORiGl1GEE. a tu11y ~nd aompl~aiy as fi aU af tM aaW swns of monty wen orig&wty sY~pula»d
ro b~ pad on wd~ d~y. +~D in aid promisaory na~ a k: N+b Maq~ to th~ aa+tr~ry nawitMqnd'a+p: u+d tMrw~pon or thK~aftw n tM op~ion of -
a~id MORTGAGfE. wNhout notio~ or denwd, wit at Irv or in ~quity. tlw~fon or M~r~afia bs~n, may b~ prowaqsd a if all moe~eys wcw~d lwr~by
h~d ~turd prior b ip i+atitvtion.
7. iMt in th~ wrM that at tM b~Lv~g of or ~t any tim~ pen~np aoy wit upon this Mortpape. a W fw~do~ h, or to nfwm h, a 10 ~nfaa
p~yenK?t of any d~irns Mriw~d~r. wid MORTGAGEE sMll apply M th~ Court havirg iwisdict'an therwf for th~ ~ppantm~nt of a Reoeivsr wd~ Covit sh+N
forNiwith ~ppoirM a ac~eiwr of aid enwlpa~~t! propMty atl ~nd sinpular, kKludu~p ~II and sirguiar 1M inoome, profits, ksws and nwnws frpn wMf~wr
w~xc~ d~rir+d. ~ad~ and e~ranr of wl~ich. it 6~inp ~xpnssty urwlsrstood, is MrebY mor~9+yed ~s if ap~cifiully set fonh aid d~sr~d in tlr ~antinp and _
hab~lwn dwws hwwi. ~nd weh Rsaiwr ~tl tMw ~11 th~ boad and ~ff~etiw fixKtioro and powr~~ in aeeywiu enhwtad by a Co++rt b~ R~uiwr, and
wd~ ~ppohdm~nt shdl b~ rtwle by wcA Cawt a~n ~dmimd pvity and a m~ttK of ~bsokrt~ r~pM a wid MORTGAGEE, ~?d without nferena 1o th~
~d~qvac~r w kwd~qu~ey of tlr.v~lw of Nw pr~ty map~p~d or to tM solveecy w insolwney oi wid MORiGAGOR a th~ d~fa+d~nts, and that sucti
Court. ~fia~, i~~oaeK, ies+res and nwmns shs!! b~ appli~d by sucA Reuiwr ~caord'rg to th~ lia~ or puiry of wW MORIGAGEE and th~ pr~etia of wd~
s. To duh. ~~MM «~a fi,ih? w?tonn. d~c~.~.. ~:~cv~~. ~fht~. ~a~pl~a. aw~ply vr~tl~ and ~btd~ by Nch «+d w«r th~ stipulations, +pn~m~nts.
co~dttiom and aoven~nts in ssid promisso.r not~ and tFu~ rr+ortpap~ aet forth.
9. That k+ th~ ~vriM tlie ownerslwp oi the monD+D~ P+~~. «+~Y P~ bsaoma wst~d in a pNSOn otFw than th~ MORTGAGOR, th~
MORTCAGEE. Its wae~wrs and assipes may, withow naia to tlK MORiGl1pR, d~al wit6 wd~ wa~sso~ w waessa in iaterat with rsfer~na fo ti~a
morqa~ ~nd th~ d~61 l~utby sacund in tM sam~ m~rr~a ss with INortys~or without !n ~r way vHi~tirg or d'adwrpirg th~ Mort~apas' lisbiliry lrrr
urdK o? ~pa~ tM deM har~by seowed. No sak of tM psmisss hs~~by inor~p~d and no iwb~aana on th~t put ot t1r MORTGAGEE w in sucus:o~s
or ~uipro and no ~xtamion of the time fw tM p~ym~m of the debt hsr~by ~ecured ~ivon b~r th~ MORTGAGEE or in woacan a+
b raltaw. ~od~t~, moa!'fr thanQ~ w ~ffact tM oripind li~biliry of tM MORTGAGOR Mr~in, eithu in wlwh o~ h p~rt. shtll opaat~
10. M b speBfic~ly agread that tirrM ia af tFw eneece of this oontract and thrt no waiva of aoy oblip~tioe Mr~~ a of th~ obliyation ~r
asnd lw~by shdl ~t ~ny time thae+N~r 6~ heW to b~ a waiwr of th~ tetms her~of a of tht &ntn~+snt t~cured htrby.
11. le add~tion ro N+. fore~o:~g ma+rhh P+Y~+Mn of p.inc~p~l and inrere•r requued by rhe p.omiuo.y +w?s ~ecw.d h.reM. monpspw ooven+r?n
+ +W~ ~ A~Y ~~~+9~ wiM each montMY WYment ~n addition~l sum esYunated by mwt9+~e to b~ pu~l b 1/12 of the amual cost of the folbw-
A-All nal prope.ty t~xes levied a assassed apsirut the abow described real est~a.
a-Premiums on fire and windstorm inswanoe as herein reqdaed ro b~ car~icd on th~ improvemN~ts situste on ths above desa~ed pren3ses.
C-Pren?iums o~ s4th mon9+~e 9w?+ntY inswana ~s monys~e~ sh+ll from Y~me ro time deKn Rf ro cKry on tF+~ ban seaxed hereby.
Morlya~e+ sh+ll from time ro time notify mat9apor im writi~g of th~ an+ount dw snd pay+ble herhrndst and such sum shall therevpon be dw and
paYabls on Nw dus dat~ of ~ha next monthly payment and ~ach wooessiw month tl+srsaftse ur~t11 mo~tQsp~e• sh~N not~{y nw~tyapw of a d?ug~ in wch
+mount. Sud~ sums ahall bt ~pplied by mo.fpsyee towud tl+e payrmnt of rt~l property tax~s, inwance Prsm:~+ms, and morty~ pwruMy irouwnce
Pr~~e~Fwm.
IN WITNESS WHEREOf, th~ aid A10RTGAGOit 1w hsrwrMO aN his h~nd and s~al th~ d~y ~nd ywr f&s~ ~forwkl.
_ S~W~. S~abd ~r?d Iiwrad in th~ r ofs r~u.a4. ~f3 . /',J2~(A-~
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W tnes Louia E: Teets
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x ness Elsfe C. Teets
srAre oF weoie~ North Caroline ~
~pW,~Ty pp _ Wt 1 qen ~
8efa~r~ +n~ pNSw»Ih ~d I,t~n i a F~ T[~r3 tg ~
' F.],g i A T~ r3 t,g his wtft, to m. w.11 known ,nd krwwn to m. w b.
tM k~d'ividwb d~w~d in and who ~x~cw~d tM fors~oirq kutrum~et. ~rd admowkd~d b~fon na that
~ tMy ~z~a~ed tir sart~ for tht purpoas
tMr~in utpr~swd. ~y,d th. F.l a i a _ Tc3w t' a -
wifi o# ti» wid T.n ~ i i~t F~ TB6 ~
srpan ~ s~p~r~h ~nd privN~
examin~tion bq m~ taka~ wpar~N aod apaA from h~r said lwsb~e~t1, ~k+ww{«lpad b~nd b~kn n» fMt sly ex~a+t~d said imtruin~m fn~ly and voluo-
ru~y ard virithovt +~w oompuf~ion„ wose~int, or oi ot han Mr siid Iw~ba~d.
WITNESS my Mnd and offkW wal d~y of A. D. 19~
aEC0R0E0'•. _ X ~ '
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E COUli?'~• FIA. rror..y n„wk t~ .~d fo. r~ saa ot ~t
~ T« ST•o~r pRQ VERIFIEO (~i(u,~,~ M,?- ?'l!'? ~9~- /y 6 ~
ft~t f.d.al swrnpa i twn ~tssodMOi~ f,r a :
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