HomeMy WebLinkAbout0104 •~--.l,Q,.~QQ.~QQ sTOanr. r~w.. ....~Ch.......~.......... i~...69...
Fonc~TS._~' BRSOI~~
i,
sE~M o=~BaBO~ hiiAMili
.esa.s o:._.
' T~~..~s~. ...~..Hu~~...~d..~l.~..~Q-------------------------------no~s.
.t ..~~~....~~4 !ls...F.~~~'.~.~!_.._. weti os1~ ~ as tM bow.s
h~s~o! a?a~ d~s! !a w~lle~. fo~llws w!!h let~r~s! lsoes dst~ at !1r tab ol.~l...........p~: o~atnas pa sauws on !h~ aspsid
baLaa w~til .'1'~ ~ald prlselp~l ~ad fat~s~st sbaU b~ dw and paTaW~ ~s tolb~rst
paysble over a 5 year r d as followe:
Fisat year - Iaterest only e at $56.88 psr month.
First auch pay~~at i du ons ~oatb lroa date hereof.
Re~taininq 4 yeare - Principal arnd in are payable at S249.01 per
montt Any amou ay be paid vithout psaalty, at
,n any iae.
~t a.r.rk ~..d. r.r _...:~+r. _ w~.r••~•e .t w as~.l~..¦~ rel.ei~+i .r l.ar..~ .~r r.et . ..s.b w. r.uN.1.s
un~y vlt~ lutwwt ~Wl at ejtM~~ ir ~i w~M ~ItM1~t ~~eN~. Fa1M~n b weL NeM~ Nt autlwt~~ ~d~ tl~
rislt te wKis~ H~ ~YM i~ fir ~~t ~t w~M~w~t itwlt AftK ~le~it~ ~ti~el~al a~ Ut~t M~r I~bnst ~t .~i..-.. Nr wt~
v.r aun~ ~W NM• ~Mbrs a~i wi~esw~ N W~ ~ t~et?~ o~i~. ~we~, ..tla ~f t ui t if Ws a~a ls Mt at
m.n~rit, ..a w.... a .der .:ar.q t.r c.wcw.. w..~r.• ..a ..a..+..ti Y~..t .s•w s~s •n a.t eru.stMy I~c~l.~ s~ ~
co~b u~ ?e~sw~~W ~t~~rsq tw. . ~
• .................._._.............._............_.~~t.~
Joaeph Forsh
...............--_.._...._................._._......----......_.__.._.._...................._...._....----......~s~u.~
Helen C. Forehay
......._........._..._.._.._.~........_........_..w........._.........._ .........................._....._.cs~u.f
aad ahall duly. Promptiy ead fully periorm. discharSe. execute. etiect~ oompletq, uamply with and abids by each
and everp the atipulations, agreementa. conditions and covenanta oi said promtswry note aad of this mortga~e,
theu this mortgage and the eatate hereby created shall ceaee aad bs null aad void.
.
It is understood that each aR the worde, 'note. "mortgago~' aud "mo~ttBaSes~ respecbve~ aad the proa-
ouns referring tbent0. whether in the aingular or plaral anywhers in tbis mortgage, aball bs dngular it ons oaly
aad ahall be Plural jointiq and severally. ii more thaa one. and ahali bs masc~ili~s. ietniniae and/or neuter. whe~-
ever the oontext so implies or admita
And said ldortgagor ior himsalf and his heirs, legal repreeeatatives, a~u~osesos~ and aasigo~. hersb7 oovan-
ants ana agrees to sad with aaid I~ortgsgee, his legal represeatatlves, woceesors and a~signs:
' L To pay a11 aad oingWar the priadpal and interest and the ~aii~us aad sundry suma ot moneY P~Y~?Ie b7
~ virtus oi said promiaeary note. and thia mortgage, eoah and ever9. P~PW ~~~~nve~y ths aam~
~ severally becwme due.
~ Y. To paY all aad singular the ta:ea, asseasmeata. leviea, liabUtttea, obllgations and incumbraaoes oi ever~
- nature and hind now oa said deecr[bed Pi''oP~Y. endlor tbst Lereatter may bs impased, auitered. Placed. levied
~ or assessed thereupon. and/or tbat hereatter may be levied or aeseased upon tbis mortgage and/or the 1ndeDted-
nesa aecured hereby. each and every~ when due and payabls acoording to lsw. befors thay bscome delfnquent.
aad before say interest attaches or anq penalty is incurred; sad in so far as say tfiereoi ia oi reoord the same
ahall be promptly satisfied and diecharged ot record sad the origiaal of!ldal document (auch as, for inataaca; ,
tl~e tax receipt or the satisfaction paper offidally endorsed or oarti8ed) sHall be placsd 1n tha bands oi aaid
Mortgagee witbin teu days nezt atter paymeat; and in the event tbat aay tbet~eof L not ao paid, astistied wnd
discharged. eaid Mortgagee maq at any time paq the aame or any part thereoi withont watv~iag or affecting ;
aay option, lien~ equity or right under or by virtue of Wa mortgage, aad the fuli aanonnt oi each aad evnry
auch payment ahall be immediately due and psyable and shall bear interest lrom the dste thereoi until paid i
at the rate of ten per centum per annura and together with auch interest aball be secured by the Hea oi this €
a~rtga~ge. '
a. To place and continuously kcep on the buildinga now or hereaites ettuate on said land nte aad ~vindstorm ;
fnaurance m tne usual sranaara poucy rorm. m a suin not Ieae thaa i.-1~---- 500
;-00 in such com- ~
panY or compani~ sa may be appmved by said Mortgagee: aad all such insurancs polldea on say of said build-
ings, any interest therein or part thereof, in the aggregate swn atoresaid or in e~ccesa tLereol. shall contain ths
usual staudard mortgagee clause making the loss under saW poHdea, each and avary, psyable to said Hortga-
gee as hia interest may appear. and each and every such poHcy aball be promptly delivered to and held by said
Mortgagee; and, not lese thau ten dsys in advance ot the ezpiratian oi each policY~ to dellver to astd Hortgages ;
s reuewal tbereol. togeWer with a receipt ior the premtum of such renewal; aad there a1~a11 be no such lnsur- i
ance placed on any o! said buitdinga, any intereat therein or part thereo~ unleas ia the lorm and with tbe los~ ~
payable aa aforeeaid: and in the event any aum of moaey beoomes payable ~mdar such poHcy or policies said i
Horigagee ehall have the opUon to receive and spplq the same on accownt oi the in~debtedaess sacured lierebY or i
to permit satd Mortgagor W receive and use it or saq part thereoi for otber purpo~es ~rithout therebs? asivin8 ;
or impaidng any equity. Hen or right under or by virtue o! this awrtgag~s; azW 1n the avent said l~ortgagidr~s
~ ;
for any reseon fatl to kecp the aaid premi~ea eo insured, or fail to dWver promPW? anY o! aaid i~ ~
inauranoe to said Mortgagee. or fail prompUy to pay fully aay pnmimn tt~erafor. or in a4Y respect .
form, diachasga pcecute. eftect. complete. compty with and abide by thfa oovenant. or anY P~rt hereo~ aaid f[ortg- ;
•See maY Plaoe and psy !or such insuranoe or any part thereoi wlthout waivin6 ~ aftecting aaY oP~~. liea. ;
eqWtq or right under or by virtue oi tble mortgag~ and the f~ill aq~ouat a~ each aad every such payment a1~aII
bs immedfately due aad psyable and s.'iaII bear intereat lrom the dste thereoi vatri paid at the rste o! t~ P~
oeatum per aaaum aad together with sucl~ interost shall bs aecured by the Haa oi tbis mostBaSa
4. Tio permlt, commit or e~tfer no wastq impairmeat aar ~ a~ nid propsrtY a' W Pert t~e~'~
6. '!b pay aII aad siagular ths cosb. charBes aad eiPen~es. inclu~i~ ~a~oaaWe lawyet's fee~ aad t:ost o~ ~
abstracta oi tltle, incnre+ed or palQ st aa~ time by said M[ortgag~es be~su~e and/or in tLs eveat a~ ths faflu~
on tLs part oi tha ssid lLortgagor to ~n1Y. P~mPW~ ~~r Pe~. di~cbarBe. a~eeuts. ettect. comP~A
oomPl7 wlth aad sb/de by each and every the adPaL?tlons. age~ee~neab. co~tioos aaQ ao~venaab o~ aaid pramni~-
~7 notq, and thia mcrt8s80. ~W a~r either. and saW coet~, ct~arga~ and tspm~. ea~ aad re~7. ~LaU bs im-
ay~
m~dtate~jr dns aad pa~sbls, afisther or nat ffiers bs notios. demaad. attsmpt to colle~t or mit psndfng; aad th~
!nII amotmt o! ea~ aad srsr9 s~h Pa3?ment e1u~11 bier intere~t fro~t tbs dat~ tbereo[ tmtll paW at t~e rate ot
ten p~r osatu~ pe~ anatim: and all ~aid uosb. cliar8'es aad ~eaw w inaurt~d oe paW. topt~r wlth ~uch fn-
taw~ ~~11 b~ ~scured b~ t1~ liso o~ thla mortgsge. ~
i
~
ao~ ~7~ ~c~ ~.03 ~
r=~ 1 s - -
,~:X