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HomeMy WebLinkAbout2201 1 ` ~f ! ~ ~ • " ~ c_> . _ ~s~~q,.~o~o.~ ~ ~ . . ~t, w rrc- . ~ ~ 1 , T at ~ ~ henof iney deNqniUe tn w`iNnp, topeti~ w~th intarat from dat~ at the rab of °r wd~ oth~r plsae at the holder unpaid bslana until maturity. The s~id ~°0^~^ P~ annum on ths prindp~l and iMerest =hall be due and payable ilSi Ollk 1 ~ !~t da/t. ~18~Ol~.OT, ! ~s a~ibrt it41. ~ ~,0L4•~ S ~t ~Me i~b~. ~s ~r m~? ~ yerrp~d aE a~ ~ wit~bw~E pw~l~? a~ ~mpar~ ~ lpdp. ~ H dNwh e. i..a. ~o. a.,,. in +6. w,?.i.i. d.sr in.Mr..n1 ef a rM..M er ~a~r ~ ; uro~td whh inwwt ~lrB aR he1dM'~ Prt Nwsof, wlab wu~ Mww r~idip ~o ~:«~cJN tlr wr in IM ~nnt of s~~ lun ts ~saet» wKA qMion ~MII eof oa a rruaiiw~ o( 1M ~ioht unNl p~t~, iM ~bn aed ~ndonws rf sob furilw waM dMw~l eaia, ef ~ aoau~d inMeMt drH A~r i~r~t at D~~od wi~h ~a albrtiY Ior oolNdiay tM w~r~ a~d ~dor~n l~wf p+~ lo oap~ef ~.~tneJirdp ~ oyouA~ooqiaaed e~i~aa~6M ~ ~ ' . . ~ ~,e~o,.~ (~?U ~ 9 ~'ir~~c~T . (SEAL) " ~ ~hc~, ~____~-~Q_ ~ and ahall duly. PromPW~ and itil1Y P~o~. ~~BR tzeeut~ effect, oomplett, oaraply wrlth and ab~ds by eacL and every the atipulstions. agreements. canditions and coveaanL of saW pmmis~ory? note aad of thi~ mortgags. then this mortgage and tbs eatste hereby cr~ted ahall cea~e aad be null and voicL It ia understood that esch ot tLs words~ ••note." "mortgagor" aad "mortgages" respectlve~j? and the pron- ouns nierrtng theretor whether ia the singular or plural anywhera in tWs mortgage, shall bb singulas if one oal~r and shall be plural ioiatly and severWy. ii more than one, aad shsil be meaculin0. feminins aad/or neuter. wher~ ever the oonteat eo implie~ or admita. And said ldortgagor for bimsel! aad his hei~'0. legal repreaentatives„ sue~eessors and iaaign~, hereby ooven- aat~ ana sgrees to and with said ldortgagee. his legal representsttvea. au~sors and asNgas: 1. To pay ~Il aad dngular the Prlncipal and interert and the vaslous aad suadry aunu of moneY P~3~~ b7 vlttus oi ~d promiswry note. aad t,hi~ mortgage. esch aad every. PromPW~ on ths d4Ys ~P~~~1? tbe ~am~ , severally beooms due. ; -Z. To P~Y all and sWgular the tases. aasessments. leviea, lfabilities, obligations aad incumbnaces oi every nature and kind now oa ~aid described property. and/or tbat hereaiter may bs imPosed. suifered. Placed. IeMed ~ or aasessed thereupon, and/or thst hereafter aoay De levied or asseased upon this mortgage sad/or the indebted- ' ness secured herebq. each and every. whea d~?e and payable acoording to law. before they beoome delinquea~ ~ and betore any fnterest attsches or any penaltq is incurred; and in so ias as any thereof is ot reoord tDe sams ~ at~all be promptly aatistied aad diacharged ot record and the original offictal document (a~uch ss. for instaace, the taz e+eceipt or the sstisfactlo~ paper oflicially endorsed or certitied) shall be plsced !n the hands ot aaid ~[ortgagee withtn ten dsys next aiter payment; and 1n the event thst any thereo! is not so paid. satisfled and discLarged. ssid Hortgagce m~y at any time pay tlie aame or any part Wereot without waiving or aKectin~ any optiAn, lien. aquity or right under or by vlrtue of thia mortgage. aad the full smwmt of each and everp auch paymeat ahall be immaiistely due and payable and ahall bear interest from tLe date thereof until paid at tt~ rate of ten per centum per annum and together with auch intereat shall be secursd by the 21ea ot this 4 mottgage. ~ 3. To pLce arW oontinuously keep on tAe buildings now or hereatter situate ortr said land ffra aiW aindatorm .,c~'~'" lnwraace in We uausl standard pollcy torm, in a aum not leas than i....-...__..._.__.___....~ . in such com- ~ pany or compant~ as msy be approved by said Mortgagee: and all such insurance poSdea on any oi said build- ings. aq~r fnterest therein or part tDereoi. in the aggregate aum aforesaid or in exceaa thereoi. ai~all contalu tI~ usual staudard mostgagee cLuse making the lo~ tu~der said policies. each and every. P4qable to ssid Nortga- g~ee as Lis interest msy sppear. and each end every sucb poUcy shall be prompUy dellvesed to and heW Ly Wd Hutgagee; and. not less thaa ten dsYs in advance ot the eapiraUon ot each poHey. to dsllver to aaid L[ortgages a renewal thereot. togetber with s receipt tor the premilun ot auch renewal• and thera ~hall be no auch insur- anoe placed on any of asld buildings. aay interest thenfn or part theteo~ unleas in the forna snd with tbe loq psyable aa aforeaald; aad in the evmt aay sum ot money beoomes payable under such po11c~? or poHdes nid ]~ortgagee ahall Lave the opUon to e+eceive aad spply the same on uoount o! the lndebtednq~ ascurd berabp or to permtt ~aid Mortgagor to recetve aid use it or any part thereoi tor other purpo~es witbont th~reb}? wairln~ or inapair[ng any equity. Hea or rigfit under or by virtne o! tDis mortgsge: uM ia the evmt eaid ~[ortg gor sLaU for aay reason fail to keep the said premises so insured, or tafl to dellver prw»PW? as?y ot sdd policles a! Insuranee to aafd Mortgagce. or fall promptly to PaY ~v7? ~Y Premi~a tberetor. ~ in aa~ r~spect iW to pa~- form. di~cha*Se. e:ecute. effcct, eo:nPlete. compl? vviW and abide bq Ws covenant, or aay part bereo[. ~ald ~iortg- ~8~ ~7 Pu~ ~ MY fur sucD insuranos or aay part thereoi wlthout wd~ or atiectina at?7 oPtio~. lfen. equity ar tigbt nndet or bY MrMe ot thls mortgage. and the tuU sA'~~t ad eacb aad ever~? such WYment atWl b~ Ima~edlately due and p~yaW~ aad shari bear intesast tmm tbs date thareot unW paid d ttu ' nte of tea p~r oentum per aaanm .na co6echer .MCL ,uch lateresc .ha11 Ds.s~air.a bj? tn. n.a o! wb a,orta•a~ Zb p~rasft, oomtdt ae aitfer ao wrasta. fmpairment oe d~t~rlon?tlon a~ ~afd p~ or sW? P~st the~o~ 6. 1b pqf all aod a ar th~ ca~t~ eharles aad expe~es~ lndudini r~ooab~ Lwp~e'e feN sad cod ot - abdrac4 0! tlt30. tn~ar ~.e aur e~. ey ,aia x~ rtsssw b~ aad/or W tb~ rr~eat d tly hlltm~ ao tbs patt a~ tM saWY,prt~asar to ~nl~. Pe~omPW? aaa ful~y P~rlo~m. dlsebsrp. ~t+~, eomP4tA oomply with aad ~bid~ Is~ ~acfi aad ~+?er~ tlw dfptelatloas. sgre~mmb. eona,tions aud oov~anb ot ~aiQ pt~oesf~ wr7? ~wb. atd Wa asot'tsa{R W ot elther. aad sdd owt?. clyri~ and ~atp~ewrr wch atrd ah~U b~ IaM med~ teq? dw aad py?aeN, ~fietUee o* ~rot t2~+~ Oe no!lce. 3emsnd. at~mp~ to eoil~ct oe auitp~ . aud t1» l+~li a.~nonnt ot ~aeh and ~~ery a~A WYment ~all bas ia~ team tA~ dat+~ t~ero[ tmtU P~~ st tbe rste o! Z+M p!t Cl11WID sAIIlildi illd ~/Lid COS~ Chti~/ ~i14 K~ON~ ~O 10C1iTI~Q O~ pa~ LO~N! ~Ilth MIC11 1~ e.:we, .b.n a~enr.a tis ~s. n.a a~m. ~iss~.. 3 i7~ ~~i~i