HomeMy WebLinkAbout1640 ~ ~ the mortgogo? covenants witA the ~nortgagee that the ~nortgagor is indefeasibly seiaed oj said
11and in (ee simple; that the moitgagor hos good ~igbt and law(a! authority to conuey soid land os ojo~e-
~soid; that the mortgago~ wi11 fioke such (urther osswonces to per(ect tl~e jee si~nple title to said land in
the mortgagee as ~nay reasonably 6e required; that the n~ortgagor hereby (vlly warranta the title to said
land and will defend the same against the law(ul cloi~ns o( o/l persons wbo~nsoeue~; and that said lond
~is (ree ored cleor o~ all enca~n6ra~ces.
: ~V~ ~~s~ thut i( said ~nortgogor sholl pay unto said mortgagee the indebtedness
~euidenced 6y that certain promissory note, o( euen date herewith, made by the mo~tgagor and paya6le
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to the mo~tgogee in the principal sum o(
' ONS ?HOIIS~AND ON8 AITIi~t3D 3fl'VBI~I`Z-FIVS and Q~L1~Q Dollars fi 1.~17~.OIL._-1 ~
without inte~est as therein stated, and shall perjor~, co~nply with and abide by eoch and euery the ~
stipulations, ugreements, conditions and covenants contained and set jorth in this n~o~tgoge and in the
,promissory note secured here6y, then this n~o~tgage ond the estate here6y created shall cease and be
null at~d uoid.
~ tke mortgagos hereby jrtrthe~ couenants and agrees to poy proniptly when due the principal and
~other sums o( money prouided (or in said note and this mortgage, o~ either; to pay all taxes and assess-
'ments on ~said property; to pay all costs, charges Qad expenses, including lawyers' (ees and title seorches, ~
'reasona6ly incwred or paid 6y the mortgagee 6ecause oj the (ailure o( the mortgagor to promptly and ;
:(ully comply with the agreements, stipulotions, conditions and covenants o( said note and this mortgage, ~
~or either; to per(orm, con~ply mith and a6ide by each and euery the agreements, stipulations, conditions
mid covenants set (orih in said note and this mortgage or either. ln the euent the mortgagor faiis to pay
when due any tax, ossessment or other swn o( money paya6le 6y virtue o( said note and this mortgage,
or either, the mortgagee may pay the same, taithout waiuing or a~(ecteag the option to ~o~eclose or any
other right hereunder.
~i aay suni o( money herein rejerred ~o be not promptly paid wi~hin thirty (301 days next a(ter the
same becomes due, o~ i( each aad euery the agree~nents, stipulations, condetions and cove~ants o~ said
aote and this mortgage, os either, are not jully perjoimed, co~nplied with and abided by, then the entire
swn mentioned in said note,and this mortgage or the entire bnlance unpaid thereon, shall (orthmith or
thereajter, at the option o( tbe mortgagee, 6ecome and 6e dee and payu6le, anytl~ing in said note or
herein to the contrary notwithstanding. Failure 6y the mortgogee to exercise any o( the rights or op- ~
tio»s hereiit prouided shal! not constitute a waiuer o( any rights ot optioas under said note or this
mortgage accrued or thereajter accruing.
~n ~1~[Dl~ the soid mortgagor has here~rnto si~e ,~j,4~ I ~sents
a nd ear irst aboue mritten. F'~~~~: ~E-C~~LA.
the d y a y ( ~R Y-- Fcl~'iED ~
Signed, Sealed and Deliuered ~ ~~s~ss '
68 APR 23 `
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;n the presence o(: P-"' 0 9
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eas ~81o CIRCU COURT i
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~ ~ IHJK+C M vlNtilJtlA ~
STATE OF' u••u?s ) M,
EM~•ssr o~ t~u
~~tosT~~tsa~++~uc~) se.
~ COUNTY OF ~
1 HEREBY CERTIFY that on thie day, before me, aa off"icer duly authorized in the State aforesaid
and in the Couaty aforeaaid to take acknowledgments, peraonally appeared
aI0RaI0 HRAaLU '
to me known to be the peraon described in and who executed the fotegoing inatrument and hae j
acknowledged before me that ~ executed the same.
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f WITNESS my hand and ot'f`teiat eeal in the County and State last aforesaid the dqy of j
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~ =~v A.~~A _ ~PLEASE PLAC~ SEAL HERE) ~
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