HomeMy WebLinkAbout1499 ~0 ~e ~ll~ the same, tog~ther with !~?e ttn~nunti. ti~itanants and appurte-
nances thereto be~onging, and t~e rents, issues and pro~ift thw+eo~. unlb i~s ~nortgag~+, in (e~ simp~s.
~!ke mortgagor c~ouenanb with tk~ mortgagee rhoe ~k. nw?tgapo? ia ind~Jeaai6ly seized o/ iaid
lond in ~ee si~np~e: fhnt the rnorlgagor I~w goo~ rig~t and ~aw~u~ autho~ity fo co~vsp iaid ~and ua afor+t-
satd: f1~af fhe mortgagor wiu n4o~e such ~urther w~umncoa to per(~ct !h~ jet simp~e tif~e to snta~ ~ond irt t~t
nore9~ee o~ rnay roasona6lq 6e requi~ad; that tke mort9a9a? k~ntby ~uliy ww+n?~a ~hs eiite eo s~d la,~d
and w~ll dejend the snme agairut t1~e bwjul claims oi aU penons wl~omaoeuer; and thnt said land is jn~
ond cleur oJ aU kncum6mnces
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~s~ lhat i
f said mortgngor sha~~ pay unto satd nwrtgopse the certain promis-
sory note hereina~ter substantia~~y oopiec~ or identi~isd, lo-wit: PY'1riClpal SLIi[I Of $2500.00
By the payment of the sum of $100.00 on the 17th day of May, 1970
and by the payment of a like sum monthly thereafter until prin-
cipal and interest are fully paid, said monthly payments to be
applied first to the payment of interest on the unpaid balance
of principal at the rate of 7~96 per annum, and aecond to the
reduction of principal, with the privilege reserved to the ob-
ligors or mortgaqors to prepay principal at any time without
penalty.
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