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~o ~ue and to ~iold the same, togethe~ with the tenementt, hereditaments nnd nppurte- ~
nances f/~erelo be~onging, nncr Ihe renfs, issues and prof
ils fhereo~, unto t~e morlgagee, In jee simpls, t
the mortgagor covenants witl~ the mo~tgogee that the mortgagor is indejeasi6ly seized o) said ~
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land in ~ee simple: that Ihe mortgagor ?~as good right and lawju~ authority to convey ~atd bnd ai n~oro- ~
saicl; fhnt 1{~e mortgngo~ will malee such ~urtl~e~ asswnnces to perlect fhe (ee aimp~e fttle fo said ~and in l~te
mo?lgagee as may reasonably be required; thot the mort9aeor hereby Ju!!y wa?ranb the ttlle to satd la.~d +
and wtll de%nd the same agninst the law~ul clnims o) al~ persons wl~omsaever: and tha! aatd land b ~ree
aRd cle~ oJ all encum6rancea except taxes accruing subsequent to December 31, 1969,
and except that certain first mortgage to E. C. Fisher and W. RusseIl Hummel
(a/k/a W. Russell Hummell), as Trustees, executed ancl recorded simultaneousl
herewith, in the principal amount of $25, 625. 00.
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~~V~ n~W~s~ fhat i~ said mortgagor ahall pay unto said rnortgagee tke cerlain promis-
sory nole hereinaf ter substantinl~y copie~ or identi~iecj, to-wit:
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1 1~5 Q.Q szvxar. ~o~;a.. . ~x'.~ ia7
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FOR VALUE RECEIVED, !b~ ued~niqaed. joini}Y and s~~~:aUY. PROMISE TO PAY io !he ord~r ot_.... F... B....~~~,.._.. i,=
_ JAIVIES._E... CUNITOR. and. CHEIRI..~~..SA~1I~S.,.._ . _ . . . . . ~
EI .I~TEE.N.~QUS~PIND ONE.~i[INDRED..1'.~NENTY-FIYE AND.. ~ ~s
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c~o Delford P. Riche Suite 214 First Federal Building,, ~___.~s Y~,~•o,~,~~g~~~~~.*~ ~
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hereoi maY duiqnaf~ in writinQ. loy~tb~r with iat~ses! isom d~i~ at ih~ rat~ of 6,~_5 p!? dA~YAI ~I illAHTp OA flu uapaid .
balane~ until maturitr. 1'6~ said pxindpal ~nd int~rest :h~ll b~ du~ aad papab:~ a8 fOuOWB: Principal shall c
be payable in eight (8) consecutive equal semi-annual installments, commencing six month~ }
~ from date, plus interest on the unpaid principal balance at the rate of 6. 5y6 per annum, pay `
E able semi-annually. ~
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Right of prepayment, in full or in part at any time without penalty, is expressly reserved. ~
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t It ~elwlt re ~a~ br 30.._.-~a~~ iw t\s M7~tit M7 ~st~ll~~wt of Priwtiyal er ~wterest ~r aw~ p~t U~rNI, t?~ ~~eM ~o N~w r~Lh~
~ a~Mii ~it6 i~ten~t ~A~II ~t Mlder'~ NtNa Mce~ P1~M wit?oot ~~tice. Failw~ te e~ercise suc6 o~~iew ~aU s~t c~utltna,.a ~n1tw ~t tM
; ri~?t b eserci~~ t\~ sa~e la t?~ ~mt ~f ~r~~t ~el~d~ A(eer Mt~tiqr ?~t` ~ri~dv~l ud acc~ued i.,urese ~Iwll kar fwMrst ~t .D.•.~7. ~ u~ts
? per awau ~~tU ~aW. 'M Minn ad e~i~nen d tfb ~eu f~rt?~r vai~e iera~i. se~iee ~f oe~-NSmewl ari ~~tH6 If ti4 ~M N wt ~t
: MerrH~ a~ tti~ w~t 4~I~c~ ~itti u~lto*Nf Iw c~11e~tM. ti~ ~ak~n eeJ~ne?~ ?sreel ~=ne Va~ dl eNU d cdMsHM. I~cl~i ~9 tartt
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