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HomeMy WebLinkAbout0066 ~ 1 s.........~,.000..0~l ssv~+T. ~oTw.. ......._~d1~.14.._.._................... it....~p.. ` FOA V1lLVE 1ltCl1VED. !M and~rsl~a~d. 1o~al1T h:allt. PROI~[ISE ?O AAY !o !Ir ord~r ol ~~"ON~`'~~0~'-~~"s~vTi~~ C a. 1'~'•~~~~.....~ w~w~~w~~~~ws~~~~ DOLLARS. at »...........o: saeh olb~r plan as !b~ hoW~r ~ . hsr~oi mat d~si/~ual~ ia wrUin~. to~tl~r ial~s~s! t~m dal~ !M sW ot..... _...p~r o~ntum pu aonua~ an ih~ unpaid balane~ u~?!il matur!!t. Y'6~ ssld p:iadpal aad r~s! ~Lsll b~ du~ aad pa~abl~ ~s tollowu ; At t!r rat~ oi ~?6.00 04 tl~s da~y of Jno~, l~, and th~ snm oi $~6r 00 aa tbs 20th de~ oi eacb~ an w~s m~nth tt~rra!'t+~e antll t!~ e~tlr~ p~'it~al~al sum and lat~r~st oball bs p~id ia ib11. T!~ maloera be~'!Q~ r~s~rv~ th~ rLQhR ~o pr~py ao~ amount at a~ttime ~ plthout .f~~- If i~fadt M~ai~ t~e iq+ 1~ W o~7~~ tl7 talL~at o/ M~~~ er i~t~nst K r7 N~ ti~ v6~M sn= r~oalelwi unpald ~it~ ietwst ~Wt ~t • MtMa Me~ iw ~si W~t ~stia. Failon b~ s~ MW~ ~1 Nt eMadteb ~f tM risht to ~s~reiw t~~ sw I~ tM ~~t ~t wrsNw~t i~fa a~wrft~ botY M~~11d a~ a«nw~ laterwt sra11 ?wr i~esn~t at o~ uet~ per ~nsu~ wW Mw• 71~ ~IoKS ~~es~n ~f tl4 ~h~ ~wae~. aetiee et ~es-M7~t ui N+twt If t?L ~ot~ b a~t ~t ~ alt eese~ et ealMetie+. iK1~dt~t corrt m~turit~ a~ W saa~ b'lac~ ~rit? ae atte~ tar ce1Me os. W~bes awi p~xs~e~ h~rNf ~i*'« te W cost• aaJ r~s~Mi?1~ att~efq t~. •--•-•-•..ISEALI . - Arthaar L. COr~ ~ ...............'.."..."'..'."_...._..._._...__...""""'..""...._\~7LfW~ i i H~~ F. Cosw~ ~ ..............._.w_ ........._............._.._.._...._._._...._........_.........---..........cs~a , ; ~ ~ and ahall duly. prompUq and flilly periorm. diacharge, execute. eKect, completo. coanply with and abide~ by each ~ sad everp the stipulaUons. agreementa. conditions and covenaate o! said promiasory note a~ of thie mortgags, ~ tl~en thia mortgage and the estate hereby created shali cease attd be null sad vold. It is underatood that eacb of the worde~ ~~IIOtQ~ ~"1IIOIt$8g0T~ ~11f~ "IIIOY'L$8$~~~ respectlvely and the pma- ouns referring thereto. whether in the eingular or plural anywhere in thls mortgage, aball be sin8ular ii one on~y and sUall be plural jointly and severally. if more thaa one, and ahail ba ma8culiue. leuiWue sad/or neuter~ wher- ever the oontext so implies or admita ~ And said Mortgagor for hiinael! and hia heirs. legal repreaentatlves, euoceaeora aad s~signs, hereby coven- snts ana agreea to and with aeid Mortgagee. bie legal represeatativea, succeaeore and atsigns: 'i 1. To pay all aad singular the Principal and intereat and the various and suadry sums oi moneY PBYable Dy virtue of eaid promiasory note. and U~is mortBaSe. each and evez9. P~PV9 ~~~?Ys ~P~tive~y tt~e same aeverally become due, { ~ 2. To pay all and aingular the taxea. aseessanents. levies. liabilitiea, obligations and incumbrances oi every nature and kind now on said descrlbed property. and/or tLat hereatter may be impose~. suiferecl. Plsced. levied ~ or aasesaed thereupon, and/or that hereafter may be levied or assessed upon tLis mortgage sad/or the indebted- ness secured hereby. each and every, when due and payable aeeorcling to law, betore theY become delinquent, ~ ~ end before any interest attaches or any penalty ie incurred; and in so !ar aa sny thereof is oi record the eame aha11 be gromptly satisfied~ ~nd discharged oi t+ecord and the orlginsl offidal document (auch as, ior inatauce. ~ the tax receipt or the setiefaction paper otflcially endoreed or certitied) shall be placed in the hande of said ; ~ Mortgagee within ten day?s next after payment; and in the event that any thereo! ia not eo paid. eatis~ed and ~ o discl~arged, satd Mortgagee may at any time pay the same or any part thereo! without waiving or aifecting any option, llen, equity or right under or by virtue of this mortgage, ead the fuil atnotmt oi each sad every ; auch payment shall be immediately due and payable and shall bear intereat lrom the date thereof until paid t at the rste oi ten per centum per annum and together wiW such interest shall be eecnred by the Hen oi ttds mortgage. ~ 3. To place and continuouslq keep on the buildinga now or herasfter aituate ~a i~?a r~ ~a ~a8co~ inanrance in the usual standard poHcy torm, in s sum not lesa tlian in anch com- ~ ~ pany or companies as may be approved by said Mortgagee; and all such ineuranca poHdes on any of said build- s ings, any intereat therein or part thereof. in the aggregate sum atoresaid or in exceas thereoi. shail contain the ' usual standard mortgagee clause making the losa under aaid poHciea, each and everq. payable to said Mortga.. ~ gee as his interest may appear, and each and every such policy ahall be promptly dellvered to and held by said ~ Mortgagee• and, not les~ than ten daya in adrance of the expiration of each poHcq. to deliver to said Mortgagee ~ a renewal ~thereof, together with a receipt for the premium ot such renewal• and there shall be ao such inaur- ance placed on any ot said buildtngs. sny interest therein or part thereoi. unless ia the form aad with the loe~ payable as ator~said; and in the eveat aaq aum oi money becomes payable under euch pollcy or p~Hciea said ~ l~ortgagee ahall have the opdon to receive and apply the same on account of the indebt~edneas aecured hereby or to permlt sald Mortgagor to receive and uae it or any part thereof for other purposes without thereby waiving ~ or impatring any equity, llen or right under or by vfrtue of this mortgage: aad fn the avent satd Mortgagor shail for any reason fail to keep the aaid premises so insured, or isil to ddiver pmmptly aay oi aaid pollcies ot ~ insuranoe to aaid Mortgagee. or fail promptiq to pay fullq say premium theretor~ or in any respect fail to per- ~ form, dischdrge, ~acecute. effect, complete, comply with and abide by this oovenant~ or any part hereM~ eaid Mortg- agee may place and psy for euch insurance or any part thereof without waiving or atiecting aaY option. en. = equity or rigbt under or by virtue of this mortgage. and the f~ill a~ount oi esch aad every such payment ahaII ~ a bs immediately due and payahle and ehall bear intenst from the dste thereoi unW pat~ at the nte oi ten per ~ oentum per annum aad together with such intereat iha11 be aec~red by tlre liea ot thi~ mortgage. ~ To permft, commlt or auifer no waat~ impsirment or 8eterloratlon a~ ~aia propsrty or aRY Part thereo~ ~ ~ 6. To pay all aad dngular the costa. cLarSea aad exPenses. including rea~oaable Iswye~a fee~ and cast ot ~ abstre?cb oi tlUe, incunud or pald at any time by aaid ldortgag~es becau~s and/or 1n ths eveat a~ tLs failurs ~ od the part of th~ sald l[ortgagor to duly. promPW~ aad iu117 P~~+ ~8e. ~~t4 CODSpI°~? : oompl~ witb aad abide by eaeh aad every the ~tipuLUons, aareementa, eon~tbos aad oovenaat~ oi said promi~- f ~ ~or~ nots. aad Wa mortgags. a41 or either, aad aatd casL. cbarga~ and aa~pen~ ~ach and e~sr~. sba11 bs tm- ~ mediatel~? dus aad payable, ahether or not thers be nottce. d~mand, attampt to ooriect ae m!t~tng . ~ad t~ fi11 amamt o! each aad every wcD paymeat sLa11 bear intera~t feo~ tb~ dat~ tb~r~o[ ~mtll patd~ at tbe rste ot ten pa ceabmn per aaunm; aad W ~aid oo~b. chars'a aad ~paow ~o iacurr~d o~ pafq, tontMe with wch in- tawt, shall D~ ~d b~ th~ li~n o! thi~ mortgaga. ; th t . F i ~ ~oox ~ ~J ~ ~ - ~ ; ~ _ - - - :