HomeMy WebLinkAbout1478 t.
Pl'~OVit~~ ~Waye~ t,h,a,t if said ,Mort~a~or sh~ccll paa~ unto the said Jlfort~a~ea
the certa,ia prnmissory note, of whach the fotlounn~ in. word8 and ~l~'ures is a true coPy,
to wit:
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- ),7A1.00 S~ptrb~r ~ jy 6A
: . _ Pi~ra~ Fto.~d.,
For w1~s nrsivod d~ ~Adsr~ne~ praniiei so pop to tJw ad~r o/ CH~IRI.I! H11~ROli. J~t. and/o!
NABI.E E. 8~?RROIV, his wite
dre princip~! uuw o/?HREi '!'H0081111D BEVEN B~INDRED E2GAT!-0~1E- - n~ ~s ~,7A1.00
8EE BSL0~1aw d~ ~t dre roes o/ 7~~ csnt, pe? ~n~ ~aprriep, s~id intereit
6sin6 ~ W~ ~ tlk~ o~? of
esdl yesr: botk rrtnciPo! end iiuereit bsins psysWs in kwfrl mo~ o/ dks Ueised Stotu or iq s~q~iwlent, at
~ ~ P~+P~ awn to bs poyob~e oR tlk~ data and ia ths ~
~p~ci/ied bslow, ~o-wit:
s ~
si Th~ w~ o! 53,781.00 b~inq payabls at ths rats o! ~2Z.00 ~
3~ p~c ~onth, at 7~t !atsrast, c~a~auencinq on the ~d~y o!
8 r. 1968, the sw~s of 8aZ.00 ~1n9 PaY • on th~r
day o! ~ach month ther0aft•r until lnll a~wnn~ o!
s~ s not~ is paid in iull.
s.en m~t~e .na .~eoe.a ....saw ••t... a.masa D~t .na uoae. a[ m.aufa. san-O•~•n: oc veot~.t .na m ev~utr~m.nts n~a~ef
~o naa ..ce a w.m uaw. .s m.t«. aoa maos..s.
~ob m~t~e ~d ~ndoarr i~uiMr 3olntb ana M~ealb. toyy ~11 eoaa a~, faeluetns . rwoo~el~ .no~ne~'s iw fa ar
t~M W1~d0~1 a[ Lh1s noq aran~ O~~~t au tM Dri~DV oe w7 1a~t~s! tA~rron 1~ y~td at t~ n~etln m~LUet1~ t~erot. ar la ew K
b~ooan+ neowsf m P~ t~ Mentlb ~ot. wl~t~e wtt b~ ~e~otttbt ce aot.
Tef. na. .na aa.~e~.n m~~~.nh .ew e..r mk,~a.c .t sn. r.a oc p~ o.n~. D.e .anum rram m.autb unsu v.ta.
1L1~ aof~ !a Mcund bf • maii~p o~ h+a dat~ ~rr~ltb md L to b~ ooostrtNd and mtu[aQ ~eoordtni to th~ la.. a w.
dfat~ ot llotld~' nyoo dK~ult 1a tnt 0~7~t"o[ ~aa/or 1nt~raR dw m an7 not~ Meu[W M~td ~We~. aU noba q a~ured aad
dK ~i not~ttbsf~ndtas tbMt bnor.
='~alulni uopalA ~L~II tortb~rlth boom~ d»e P~
(8aa1)
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and sholt perfo~m, comply with and abide by e~.ich nnd every the stipulations,
dg'reement~s, eonditions dnal covenar,n.ts of sccid prnmissory note acnd of this deed, then
i t,hi8 deed a,nd the est,a,te hereby creaated shall ceause and be null and void. ~
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Arid the scaid Jlfortga~or hereb~ cavenan~s and a~ees:
.1. To pay alt and sin~ular the principal antl interest and other surrts of ~noney
payable by virtue o1 said prom,issorr,/ note and this deed, or either, promptly on the
days reapectively the same seaerally come due.
To pay alt and sin~ular the taxes, assessments, levies, liabilities, obligations
and encumbrances of every nature on said described property eac3c and every, and
if the smme be not prorriptly pc~id th,e Sccid .1Kort~a~gee m,uy at acny time pcay the so,me
without waiving or affectin~s th,e option to foreclose or dny right hereunder, dnd every
pctyment so rnade shalt bemr interest frorri the dccte thereof a.t the ro,te of ~_1/4$
per cent. per cr.nnum.
To pay al1 and ain~uiar the costs, CTL(ITgP,R and expenses, inctudin~ lawyer's
fees, rea,sonably ineurred or pcLid a.t ccny time b~ sccid .hfort~agee beeduse of the failure
on the part of the sczid .1Kort~ra~or to perform, cornply with and abiade by each and
every the stipu,la.tions, a~reements, conditiona and em~enanta of aaid prumrssory note
and this deed, or either, and er~ery such pca~me~t sha,ll bea,r interest frnrri date a,t the
rate of 7~t$ per cent. per annu~n.
To keep the btiildin~ now or herealter on said land insured in a sttm. not
lessthan highest.insurable amount
• Dolla~s, in a companb or corrapanies to
b~ apprnved by said .1Kort~a~ee, arnd Elce polic~ or policiea held by a,nd pa~able to 8aid
JFfort~a~ee, and ir~ the eneAt a.riy aurra of ~rconoy beeomes pcayable under sueh polie~/ or
policiea, the Jlfort~cc~ee 8hall have the option to receive dnd apply the sa~ne on account
of the indebtedness her,eb~~ secured or to pernzit the .lEfort~a~or to receive attd uae it, or
an~ pQa~t thereof, for other purpoaea, without thereby uxr.ivin~ or i~rcpairing any equitd
lien or ri~ht under or by virtue of thia ~nort~a~e, and m.c~~ place an.d pay for such
i~aurance or cin~ part thereof, without uxr,i~in~ or affectin~ the option to foreclase or
cu~~/ ri~ht hereunder and each und ~aery auch pa~~ne~t ahall bear interest fibm dQte
at tJte rate of 7~t$ per cent. per a~tnu~n..
Qoo~ 1?3 P~~f 1469
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