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HomeMy WebLinkAbout1747 ~ ~Il1l the mvrtgagor covenants with the mo?fgagee that the mortgagor is inde~easebly sei2ed oj said iland in (ee simple; that lhe mortgngor has good rig/~t ond law(ul authori~y to convey soid land as ajo~e- ~said; that the mortgagor wil! make such (urther ossurances to per(ect the fee simple title to soid land i~r the mortgagee as may reasonably be required; that the mortgago~ hereby (rrlly warranls the title to said land ond ruilt de(end the same against the lawjul claims o( all persons whomsoeuer; and that sard la~d ;is jree ond cleur o( all encumbrances. ~~rouided ~lways, that i( said mortgagor shall pay unto said mo?tgagee the inde6tedness ~ euidenced 6y that certatn promissory note, o( euen date herewith, made by the mortgagot anJ payable to the mortgagee in the principal sum o( SF.1~F.N u~~N~R~ TH7RTY A~,m c~n/7~ Dollars fs 7~.00 ) uiithout interesd os thetein staled, ond shall per/orm, comply with and a6ide by each and euery the ~ stipulations, ag~eements, conditions nnd covertants contained and set (orth in this mortgoge a~d in the .p~omissory nots secured here6y, then this mortgage and the estate hereby created shall cease and 6e null and vord. ~ the mortgagor here6y (urther couenants and Qgrees ta pay promptly rvhen due the p~incipal ond other sums o( money prouided (or in said note and this mortgage, or either; to pay all taxes ond ossess- ~ments on said property; to pay all costs, charges and expenses, incleding lowyers' fees and title searches, reasonably incurred or paid by the mortgagee 6ecause o( the (ailure of the mortgagor to prompi~y and c(ully comply with the agreements, stip~lations, conditions ared couenants oj said note and this mo~tgage, ~or either; to perform, comply with and a6ide by each and euery the ogreements, stipuloteons, conditiorrs med cot~enants set (orth in soid note and this morlgnge or either. In the event the ~nortgagor (ails to pay when due ony tax, assessment or other sum of moreey poyable 6y uirtue o~ said note ond this mortgage, or either, the mortgagee may pay the same, u~ithout cvaiuing or o(~ectrng the option to ~oreclose or any ; other right hereunde~. ~ ony surn o(money herein re(erred to 6e not promptly paid ruithin thi~ty (301 days next ajter the sume 6ecomes due, or i/each aRd euery the agreeme~ts, stipulations, condi~ions and couenunts oj said note and this ~no~tgage, o~ either, are not jully per~ormed, complied with and a6ided 6y, then the entrre su~n mentioned in said note,and this mortgage or the entire balance unpaid thereon, shall (o~thwith or theseajter, ot the option oj the mortgagee, 6ecome and 6e due and paya6le, anything in said note or herein to the co»lrory nolwithstanding. Failu~e by the mortgagee to exercise any o( lhe rights or op- ~ tions herein prouided shall not constitutP a u;aiuei of any reghts or options under said note or this mo~tgage acc~ued or thereajter accruing. ~n ~~Lll~s ~1l~CC~I~ the said mortgagor has hereunto signed and sealed these presents ' the day and yeur ji~st a6oue w~itten. ' Signed, Sealed and Delivered in the p~esence o% ~ ss ~ . e -c C ' . ~ . ness gne . snne STATE OF M~yland , ss. ~ COUNTY OF f ~ ~ , : ~ ~i I HEREBY CERTIFY that on thia day~ before me, an officer duly authorized in the State aforesaid ~ i and in the County aforesaid to take acknowledgmente. personally appeared ~ ! JO'-~l R. A~:iV~J~TT AND AGNFS L. B~NN HIS t,TI~'F ~ i to me known to be the persons described in and who executed the foregoing instrument and acknowledged before me that they executed the eame. ~ WIT SS my hand and official seal in the County and State last eforesaid the dey of : ' ~~~~`~D RECORDED" .~WCIE ~QUNTY. FtA. / J/~/ r ~~i . . ~ ; C r f- ~ ~j(/ I ~ ~ls~~v Notary Publi . 36 ~ _ , . S8 FE6 19 . . , : My Commiseion Expires:' ' ~ % I S i.UL~~'L~aGG~ .~e.,1~' ' • •7" . 'I _1~--day of ~ ;?.~,;D. 19~. (P~.Et~S~ ~?LfTCE S~AE,~Et2E) I - U~T COURT ~ ~ i,~ v ~ ~ . , , . ~ ~ go~K 170 P~~~ 1742 ~ ~ - . ~ .~;f.° ~~,,s. ° ~ - § ~ " ~ . ~ ~