HomeMy WebLinkAbout0985 ws•
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The Bast-half of the follawing described real estate~ to-wits ;
BEGIIdNIrG at a point 2~5 leet Nortll and 33 feet Sast of the Southwest
.aorner of th6~ „NW~.,QY,- tha ,SW~ o,t' S~ ~ 31 ~ Tawnship 3~+ Son~th AanB e
4 0 E ast run'-the~ce' North ~ paraYl~~ ~'the Wsst liae of said NW* of
SMi~ 14b feet; theno~~ruo ~ast - parallel to~~-tt~o Sauth line of said NW~
ot' ~ 633 feet; anel thenoe run 8out,h parallel to the West line ot
the 1~ of the 3W~ 1~+0- feet; thenc~~~iv~ l~lest~ parallel to th~ 3oattb
line oi said ~ o~ the 31~}; 633 leet Lo the polnt of beginning •
~'OGETHCR rrith an easemeAt over the Aorth 10 teet .o~ M:a '~'~st-ha~' ;
of the loregoing described property. ~
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. ~ ~C' INTANa1li.E I ~TA~ ~
NIRSIIANT TO CNAPT~R !07l,~ ~TS pR ~ K~~T~
ROQ R!'L^. ITR Claek Citd1 C,o~
os Aq+nt fti+r N~TIS M. ~AMES {
St. lticis CoaMr To~t ~
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to~ ~rit6 all ti6bt~. - intetests, ease~eats, . Leceditaneats ssd app~tb~ t~emmto be~oaaioa. the reats, issaes. aad ~
~ pcofib t6enof asd reveones and incoaie the~efcoo, all ioprovcaents aad petso~al ProPe1h? now a Ltec machei t~ereto a ~
~ ~ea~o~ably aecessa~Y to t6e use thereof. all vratec, water rigbta. and water stock. pertaiaing thereto. and all peyoeats ~t aay
~ ti~e oviag W$arowa by virtne of any sa4, kase, traasEer, conv~eyaoce, a condtmaatioo oE any p~ut We~eaf a iutereest
tberei6-all of widc6 ace 6ereia caUed "t6e P~~~Y~~:
?0 AAVE AND TO HOLD tLe pcoperty unto t6e Governmeat ~and its assigos faever in fee sivpk. -
gpRRO~ER for him~elf, Lis ~eirs, e:ecatu~s, ad~inistratars, successors aod assi~ps ~ARRMITS THE TTfiE to tre
pcopecty to fhe Goveenmeot againat all lawfnl claims and demands w6atsoever e:cept any liens, encaabcances, easeoents,
reservatioas, a couveyaoces specified hereinabove, and COVENANTS MID AGREES as follo*rs:. ,
(1) To P~Y P~PUSi w6w dne a~y ind~btedness to d~e Go~ern~eat Le:ebS? sec~uad~.q~ ~p io~qoi~l? aod ~e 6ardess
the Govem~ent a~st any bss nnder its iosacaace oE payeent of the oote by reasoi( 6t my def~nlt by ~oerara. At all
ti~es wben the note is 6eld by an insueed lender, Barov~er s6a11 continne to oake payaents au t6e noGe to the Goveinmeat,
as collecHm ageat fa tbe lwBler:~~ ~
(2) 'ro pay to the Goverament any initial fees Eor inspectioa and sppraisal, aad eny delinqueucy chuges, now a hereafter
re4~irod br~Ltf~o~ of th! farvlt~~!lCwer~i~a~• ~ :;',j - - - - ' :3~ .f ~ • ,
(3) At all tiaes vr6en the note ia 6eW by an insured leodec, any anount due aad u~p4id andes tbe teres of tbe note, kss
t6e a~o~t of ary a~ssal ciarg~. ~~S? be Peid bY tbe~
CEa~1~ to tbe ~oldec of the nols as pawided i~ tbe iioM ~sd ia-
surance endo~sement fa tbe account of Barower. M"y aoount ~ue and unpsid under tbe terot~ of tk nate, wbethe~ it is 6eld
by tbe Governoent a by an insuced kuda, oay be c~edited by tbe Govecament oo tbe ~ote aod tta~eopon aLall caostitnlet.ao
advanoe by t6e Govemoeat fa t6e account oE 8arowa. Auy advao~ce by t6e Govaa~eat #s describbd in ttiis paraQap~ s~aU
beac in~erest_ at tbe aote rate Erao. t6e date on whicb the amount of t6e advaace was dne to tLe daDe aE PoY!e~~ .to the
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fi GOYltO~~~.T " - , ~ . , • ; ~ ~ ' - ~ • .
(4) ~hetLa o` nd tbe aote is insaced by tbe Govemment, t6e Govecament wy at any tioe pay amy other amonnts tequired
~ to be paid by Barower and not pnid by 6im whea dul; as ~Fel[Ta1 aoy costs and e:pess~s Ea the peesecvatioa, pro-
6ectioa, a eofaceoent of. this lien, as advaaces fa tbe account of Borrowec. All sach advanoes shalt bear intecest at t6e
note ta~a,~ottl~p~a~d to t~e Goveru~en~
(y~ A11 ~dvanoes by the Govanoent as described in tbia instrnaient, with intereat, shall be io~ediately doe and poyable
by Boaow~sc to tbe Gov~t wi~~t d~aqd. at t~e P.L_~e, _ ~d in .t~ 4~ ~s_hgll be sec~ed.~.eteeb!• No snc6
advanoe by t~e Gov~~ent slwU ~Yev~''ddi~uir~ fro~ breac~-~ ~ coveaaot to-pl~Y. SacL adi~aaices~ +~rifh`~terest, s1w11
6e eepaid fro~ ttie first available colkctioos received ho~ Baror~er. Otherwise. anY PoY~at eade by Borrowec oay be ~
.applied dn tl~e aobe ar a'r i~debbe~u to t6e Governoent s~CV~4d ~Cbl; ~n apy? ader tbe Governsent detervixs. -
(6) To ase t~e lws evidenced.by d~e note solely fa pnrposes aatbaised by t6e GoveYO~ent.
('n To pay wbeo doe all t~es, lieos. lud~oeats, encasbraaxs, and assessoeats law~al~y~ 4~t~Chiai ~o a asaesaed
agpiost tbe piopMy and pcaaptly deliver to tbe Goven~eat-wit6oat des~od iseeipts evidencini ~ P4Y~~ ~
To keep tbe pcopaty i~~ered ~s eeq~ired ~ by aad .wier iasarasos - polict~ appove~. i~., ieliveesd to, +ui c
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