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HomeMy WebLinkAbout0778 ~ ~ the n~ortgagor covenants with the mortgagee that the morlgogor is inde(easi6ly seited oj said ~land in (ee siMplc; thot the mortgagor hos good rigbt and lam(u! authoriey to convey soed land as afore- 3soid; tbat tl~e n~o~tgago~ will make such (urthe~ asswonces to pe?/ect t/+e (ee sin~pte title to soid land in the ~nortgagee as ~nay reasona6ly 6e ?eqnired; that the ~tortgagor bere6y (u11y ivarants fhe tifle to said land and will de(end the ~same against the laa~ul clatnes o( ali persons wla~ssoeusr; and that said land ;is (ree and ctear oj all eacu~n6rances. ~ ~1N~~1~~ ~AyS~ that i~ said mortgog~or shall pay unto soid mortgagee the indebfedness euidenced by tbat certain promissory note, o~ euen date heretoitb, made 6y tke rnortgagor and payable to the mortgogee in tl~e principal sum o( - '~WO THOUSAND ONB HUNDR~ THIRTY-FIVS and 00/100 Dol/ars ft 2~135•~4 ) wit)wut interest os the~ein stated, ond shall perform, con~ply with and a6ide 6y eacb aed euery the stipulations, agreements, conditions and couenants contained ond set (ortb in this niortgage and in the~ ;pro~nissory note secured here6y, then this mortgage und the estate hereby created shall cease ond be nul! and void. ~ ~ tbe mortgagor hereby (urther covenonts med ogrees to pay proneptly when ~ue tAe principat and other sums of money prouided (or in said note and tAis mortgage, or either; to pay all taxes and assess- _ ~ments on •said pioperty; to pay ail costs, charges and expenses, including lawyers' (ees and title searches, 'reasonably incurred or paid 6y the mortgagee because o( the failure o( the mortgagor to promptly and :(ully comply with th~ agree~nents, stipulations, conditions and covenants ot said note ond tbis mortgage, ~oi either; to per(orm, comply mith and abide 6y each and euery the agreements, stipulations, conditions mid couenonts set forth in said note and this mortgage or either. In the event the mortgagot fails to pay when due any tax, ossessment or otl~er stun o~ moeey paya6le by uirtue o~ said note and this nio~tgage, or either, the ?nortgagee may pay the same, without maiueng or o((ecting the option to ~oreclose or any other right laeresnde~. ~l aAy su~n o( money herein re(ened to 6e not prorxptly paid within tRirty !30) days next a(1e~ the same 6econ~es due, or if each and euery•the agreements, stipulations, conditiores and couenants o( said note and thes mortgage, or either, ore not ~ully per/or~ed, complied ~ith and a6ided 6y, then the entire swn inentioned in said note,ond this mortgage or the entire 6alanc~ ~npaid thereon, shall (orthwitle or the~ea(ter, ot the option of the mortgagee, 6ecome and 6e due and paya6le, anything in said note or herein to the contrary nottaithstanding: Failitre 6y the mortgagee to exercise any oj the rights or op- tions he~ein prouided sholl not constitute a waiaer o( any rights or options under said note or this mortgage acerued or therea(ter aceruing. ~n ~~0[~ the snid mo~tgagor has hereunto signed ond sealed these presents the day and yea? (irst a6ove cvritlen. _ Signed, Sealed and Deliue~ed in tbe presence o : ~ . ~,G~'-+~., ~ -~P.~-u ~ ~ . . ess • • ~ / ' ~~(~tl~ -i ~ i ness . o u . e . j • . ~ - ~ STATE OF' f IIt?w~K a vcNC:inu? ~ ~ en~~ssr o? rHe ~sa. COUNTY OF ~~Tl~fTAflSCfAMEtIC~ , _ , ~ ~ i I HEREBY CERTIFY that on this dey. before me. an officer duly authorized in the State aforesaid ~ and in the County aforesaid to take acknowledgments, peraonally appeered ~ Lt. Col. Luis A. Leon & Lt. Col. Jusn N. 1~lendez P. ~ ~ ? to me known to be-the person s deecribed in and who executed the foregoing instrument and have ~ acknowledged before me that they executed the eame. ~ M, ~f WITNESS my hand and o~cial se~l in the County and State last aforesaid the ~ 2~t day of ~ . ~ ~ Fi , A.D. 19;~ ' ~ ~ s f ' . ~ Q p C ~ }f, ~ J A/ ~ ~ ' ' ~~-g~ ~ NO . `~r~~' ' _ - ~.I U Z ~ V . ^ r_~ " f . . ` ~E CONSk W - AI?1E5 ~ ~ o . . ~ - ~ z ~ ° ~ U ; - ~ tPLEASE PLACE SEAL HEREI o" e~ ' . _ _ . ~ ~ J"~ _ ~w > ~N ; ~ ~ _ aooK17.2 P~E ,776 ~ ~ : . - - - - - _ _ _ ~ a_~:. - ; ~ }4:_ . T."S~'%~ .