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HomeMy WebLinkAbout2851 i= ~AVe ~he same, together witk the tenements. hereditame~ts and appurte- nances fhereto befonging, an~ fhe rents, issuea nnc~ prof ifs thereo~, unfo the morfgoges, in ~ee simp~e. ~ the mortgago~ couenants wi!{~ the mortgagee ~kat tke nwrtgagor ts inds/~,i61r seizQd o~ aaid ~ laritl in jee simple: il~at the mortgogor kas good ?ight and Inwful autl?o?ity to c~on~s~r ~~td l~,~d as ajore- saic~: Il~af I~e mort~ago~ will malee such ~urtl~e~ assurancea to pe?,ect ttie )ee stmpb lit~e to aaid Iund in the mo~tflagee ns may reasona6ly 6e ?equired : lhat tl~e mwigay~c~r hweby Jully wam~nts the litle So ;aid Innd and u~ill defend the same against the lawjul claims o/ all persona whomsoever; nnd that aa~d land is jree } and clear oJ all encum6rances . ~ i : ~~V~~ ways, t/~at i~ saic~ mortgngor ahn~~ pay unfo snid mortgngee the certntn promit- I I sory note hereinaJter substantially copiecj or identiJied, t•~-wit: ~ : if~¦~1~I~ 19 ~ . . , For value reoeived, i, we or either of us, promiss to pay witFwut defalcation, to tha order of ~Yti~~O? l~ts~lli rd 1¦~~ !1¦t~lli,_~; ••t~~ - at the sum of ~ ~ ~ ~~~N~~M~rNM~NNNN~~N~i~~N~~~~' with interest from date at ths rate of 9G per annum, in tha manner folbwi~g: O~~ ~1st+~13w~i ~~~OOO•00 a~ ~t ~r .Saw~f yOs l~aM i~ aii~il3~ lM~~ta; P~~i~MS~ ~iall p~/ s~oiM~j iwsialLrR~, ~1,~1~ instailmerit~s shall be ~ . a~ , ; i a llke sum on the aorresponding day of each Ilke suc+oeeding - thereafter until the i whole sum shall be fully paid with int~erest at ~c on the unpsid sums from time to time owing. ; (Granting to the promisor the right of prepaymerrt wiN~out penalty.) - ~ 9G interest charge- ; able on all wms in default. ~ I Each installment first si~all be applied in psyment of the interest and then on the.unpaid balanae of the principa) ~ sum. If default is made in the psyment of ar?y installment when due, then at ihe option of the holder, and with- out any other notiae, aR tfie remaining installments shali be due and p,ayable at onae; Privilege is given to pay fi~ro or more instaiiments at any installment maturity date, but tfiis shal! not entend the time of maturity of any sub- sequent installment. Neither forebeanence, nw aooeptance by the holder hereof afhsr any default in eny payment hereon ahall be deemed extension. , Each maker, surefy and endorser hereof, jointly and aeversliy, waives demand, prese~tmenf, protest and nntice of protest for non-payment and further agrees b any extension of time of payment, either befere or afier maturity, witFiout notice to any of us; and to pay all oosts of eoilection, includinq a ~easonabte ait~orney's fee in the event of any default hereundsr, and hereby severally waiv~ a!! l~enefit of homestesd and exemption under the oonstitu- tion and laws of eacfi State of the United States, as a~ainst this obliyation or any extension or renewa) hereof. a /s/ Albert Petsillo ~ Witness the hand and seal of sath party. ~ ~ Stampa affixed to recorded aopy. /s/ Phyllis P~trillo s Tho as . ~e o ~ ~ ~ ~ ~ /s/ Msrgueiite Petrillo ~ Marguer e . ~ ~U ~ I ~ _ ~ ~ r~ BOOK ~OO PACE~U~v ~ ~ ~ ~ ~ _ - ~ . _ _