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HomeMy WebLinkAbout2877 . . • . NuhR~~~~. Iw e~eM ~f 1~~1«ure ..1 ~b~~ ~~~on~~ltr ~ Nhe~ l~wda ti~k 11K a~tip~ed N~pert~ ~s ~a~~nR~aAm.n~ ..f ~b~ ~nA?M• ednrw ~und ?er~br. dl ~iRht. I~d~ ~nd uu?r~N d IIw M~e1~K i~ ~1 1~ ~q ~w~~~wn rh~~n 1A?s ~w frn• ~hsll y~N 1b? ~Yf~~?Ntt r~ ef~Mf! T'•• ~~i~~. ~~e~l) ait6 u~ ~b~k eKi~ ~w/ e~ery ~Ue ~iwtN~~. ~~eM~, ~~i~i~w~ awd ..v~w~wa ~w u~A p?an~wr~ ~N? ~nd ~w I~i~ dec+ N1 /W1w. Tha~ ~f M~ ~ Mi~ ~ww a~y br~~w ~efcner q`e wd /~~wpl ~ f~li~ Ni~ vi~iw ffll~we Lr~ w.a~ ~fi~~ dN wuK ~eve~dly bt~w~~ drs ~wJ NIa?k. N i1 s~ti M/ sreqr ~ Niwl~t~~w~. •~r~e~urM~. ~~wdu~wr ~wd ~wf~o~ne~ ~f w~d y~wn~~•r~ wNe N+ l?i~ dred, st •i1hr~~ ~re wN trll~ ~tr1K~+. ewr~li~ wit? •ed .biie~ br. t!r Mi~1 ~~ep~~ ¦ua~ m~M~uw~J ~w y~J prwuw~ry ~Ne ~all ber«we d~ ~~Jle (~etAwid~ K tbereafut N tAe ~iow .f ~Ae Nwnlt~ltK M f~Uy ~wd ~ w~nPIH~Ir N ~r ~1fff111,,~ l~lt ~'MINI~ ~ MIMININI~~ 1~~' Mit MM NI~M~~r 1~1~Ml, Ir M~YP~ Y~y~1Aw M MI, M~w~Y~R N1! ~ J~ Th~1 ~n Kde~ ~~Kler~t~ ~I~e n~NrtHy ~f tM i~e?1ei~er Im~e?~ ~ec~~cd. ~Nf~YM .f ~M (a~lute ~t 1he M+AMR~~ t~ Nl N~ a.. w~..r.~~nt. li~bitnY. ~?li~u~w o? eu~wnbran.r ~y?w wi~ ~n~erlr. N bersiw yr..•~J~d, u aMll M w~~rw~~ ~r MqY1~11f ~I~~t Il~r ~~~o~t•,~l~~ ~lu~~ htN IIN Nn1~• Tl~e '.11wt6~6ec tnay. at hi~ optioa. snd Mritbont wsivie~ I~i~ risht to accelerate Ihe iod~bteJor.. her~br securcJ aod tu foreclo~e the ~ame. pay ~ither before or aRet defioqueac~~ ~nr oc all of ~h~e eer~ain obliKa~ions e~equired br the term~ he~,eo! ~o be ~,aid by the Morta~sot [or tl~e protectioa of the n~ortR+~~c ~ecurity ur fnr thr wllee• ti~ o~ thr. indebtcdner {~ertby ~etured. All yunw w advaao~d or paid by the Nurt~ta~e .1~~11 be charRed iptu the ~nartRaRe acrount sad hecome ao i~teR~al prn tl~e~~eof. wbjeet iw ~11 ~especu to th~ ternu. conditiun+?, anJ ~uv~nanla uf ~he atorcaaid pmmi~sor}• note. a~d thi~ rnortsa~e. s~ [u!!r aod to tbe wm~ ~~trm •sw thuuRl~ a prrt of 1h~ ariRinal indrbtednr~ ~vidrnc'~1 bv wsid note aod wecured by tha a~ortRa~e, e~eeNtinR huwe.C~. that .aid rum. ~hsll !w r~pai~l t1K AiortR~Ree fo~ih~.~ith up.x~ it~ den~sad aed be io additioo to tbe r~Rular n~ontl~ly in.tallm~nt~ provi~l~d h} the u~~~rtK~R~ nWe. 3. That tl~e ab~tract or ab~t~acb of title coveria6 t6e mo~lRa~ed prnperl~ ~Lall at ~11 limati durinR ~he lif~ o( thir mor~~s~e. r~uisin iti po~erion of thc tilurt~aset ~ad in event of the fonclaMUre o( thiR mortR~6e or .?th~r tranaf~~ of titlc to thc martRaRe~l property in c~tinRuishmeat oi t6e indebtedne~• ~eured I~errby. ~11 riRht. titl~ aoJ in~erest of the ~1ortRsRur in and to aar such ab~tncb of title ~hall pab to the p~atl~s~tr ar Rraot~r. 4. 7 o the exteat of ibe iadebtedaey d tl~e Mort~ t~ the~ MortRa~ d~.c~riM~d hercin or sccuted berrbY, the ~1ort~aRre i~ hereb~• wbro~aled to tl~e liea or lieas ~od to the riRhb af Il~e o~.nen an~l holdcr~ ~hereo~ of ea~h aod ev~ry morta~e. licn or other incumbranor on ihe laad ddcribe~l hereia ~.hich i~ paid aml/~~r ~ati~6eJ. in wbolr or en part. out of the procec+~~ of the loan dderibed 6e~eia or ~teund lxteby. •rnd the resp~ctive lieos d~id mort- Ra~ licm~ ar other iacumbrao~w. sliall Le aad t6e a~ine awd esch o~ the~n henb. i~ ~~~~vcd and ~h~ll paM to and he hcld b~ ~Ix NoriRa~ hrKia a..ecu.i~y ~or ~I,e iedeb~,edncM ~o chr l?1~NR~Ree h~K~~ d~..•ribe~l or he~~bv ~cur~d. ~o tl~e sam~ extent th~t it M~xdd h~ve hern pre~erved aad would I~ave heen p~~+1 to and been held b~ the !NoriR~Ree I~aJ it he~n duly and erRutarl~ a~siK~xd. traa~fernd. kt orer. and deli~ereii u~~te the 111ort~aRce b~ sr~~arate deed o( ~~i~p~uKnt, no~w-ithNasdin~ 1he lact tbst tix sa~ne map be a~tiJ~ed and cancelkd ei ree~~. it beinR thr intention of the ~.artie~ 1?ento that tl~e iiA1! MIII If! N1~11I~1ld aad ea~oelled o(' record by tl~e l~olde~M th~teof at or about the time of ~I,r r.~~~.n1inR.~f cha ~noetRa6e. :i. ln thr event the ownenhip ~i ~he mort6aaed premi~w, or am part tl~ered', beremy veded in a penon other than tl~e -~1~ntRaXo~. the NunR•Kee ~nay. without aotioe to d~e MortRaRor. dea! with sueh suecea~wr ur .ucceMOn in iat~re.t Miih rrfennee tn thi~ deed and ~he debt hee~eb~ ~eeund, in tIK •amc maonM sK ~ritl~ th~ ~1or~~taRor without in ~nv way'ailiatinR er di~cha~RinR thr !11ortRaRor'~ liabilit~ I~ereu~der ~r upon tlK debt hereby K.•ured. ~fo uk of u 11~~ prro~i~e~. I~treb~- ~uort aRetl aed no forbearsnce on ihe part ur the NortRaRte. and no ett~ion ef th~ lime for 1h~ ~~ayn~~nt ot tlrr debt h~rr aecuml ~iv'u bJr the Mortsalpse ~hsll operate to n~l~a~e. di~charRe. mwiif~, ch~nRe a~ al~eet tlx o na . bilil~-. ot tlK NoriRa~tor herrin eithet i~ ~rhole or in part. ~ b., ~'h} ~o ~?f thi~ ~ked ~ecu~ and shall coatitue to ~eeue+e payment of naid iMlebtednen o~ ~ndebtedneN„ IIANr1~~r. ~~id~e~rd, whrther b~ ~aid promiwory note ot anY reoewal or ~:t~n~ion tt~ercof nr ~ub~titut~ ~h~rrtor. o~ o~~rwiRe. i~ntii all weh iml~htedaMS .hal! have 6eea full.• pa~d. i.' /u rhr r: i?~l tl~r nr.~rlZn•~~irc rrlf, i~?ti~~r~• nr Irnns~~? flir ?rti?~/enC~d rri•rnicr~ d~nrnL /lir AJr• ~~J .•I1r, lli~~t.tbr, m•~~l~mv chnll, nl rbr urtinn oj th~ .11nrf~rt~.•~ I?~riu~. l~~•rant~ ?rpmr~lr.tlrl~• dur n~ul ~yttble' (m fJr~ fr~': .i,~~r - ll~r jn~re„tr.s7 '•.~lnn~r un~l tiilr•?~ti~ ll~tn de~e. k ° 8: Th•• 1ermR "MortRa~r ' and "MortRa~ee" ~rl~eaever u~ed in thi~ instrwneni rhall incluJ~ the hrirn, perwnal rrpre+~~ntali.~~, auccr.~n and a~si/,~ ef eh~ ~pective p~rtie+ hee~eto. ~herever u~d the ~inRul~r numhrr ~hall in~lud~ thr'pl~~ra( and the plural th~ ~in~ilar. and the u~e of any ~eader shal! inelude all ~enden~ Si d. ~esled an el' ered the prr~ence o~: ~~~~~(~1'.~(~~ (g~,~ _ ~ !~L/~2 /l~'~. ;j.~ ~ (ScwL) STATB OF Fl.n:tlUw COUNTY OF'~ ss H~,c~orLII~~ o~allr appesred 0. C. H>!'iIIrl'Ol~ BYLd ADp $AI'III~1'Q$~ ]~fB Wils t~ ~we ~+ell known •nd teno.rs to rae to be the iadividurb ddcribaf ie and ~rho e:eeuted tbe fore~toia~ in~tsurnent~ aod ackamvledRed before ~ne th~t ther eseeuted the ~a~ae foe ihe purp.ne~ tbeeei~ e:p ~/ITtiE~~ mv h~n.l aa~ ~ieial ~e~l ia tE?e Couoq ~nd St~~e la~t atoee~aid tlw Da,T oi Jpr ~ 1 9 ' ~ ~.c . ~ Mt? Con+n~i~ioo Et~~.~•: JUII~ ~ s 19~ l~a~ry Pablia ~aee d . = . ~ .l ~ FILE~ E ~ OUNT'~.~F D • , . . . _ $T. LU ~,.~r~ ~1~ :~,F~,: ~ v1~348 '69 APR 22 P~1 2; 5 ;:,s,::~_~ : ~~R..s ~ oK 4 • oR 176 P~E287 CLcRK C1RCU17 COURT ~ - - - ri- r~ ~ . $ _ ~ T'~~ _ y,..~ °~~*'..~Z._,.e- . , ~ ~ ` ~