Loading...
HomeMy WebLinkAbout0176 . . s ~~.Q~.. S~Q srv~~r. r~~w.. . . ..?!~,Y......... ~ 3 _ _ . i~?9 FOII Y1l UC I .!M uwd~ aaA N~ustlr. AllOI~li88 TO PJIY te iM o~~r ol.. . ~~~?~~~r .......~".`~'~..~`..~."t~?..~t~~~:~,..~~ . _ _ . . : _ . _ . DOLLARS. at .....~e......~.7~.~t $...Y..:...s~~G~Y.S~.... ~f:`iy. . A....~~El~:s.T .......o~ suel~ otMe pian as !h~ Aold~r h~r~ot ma~ d~siyaat~ is w~tia~. ~tht= witk iat~hst lroa~ dal~ at t6~ t~t~ o! 9. p~r c~atuin p~t ae~aum on ih~ uapsid balaop uaW matusitt. T6~ s~W p~seipal asd inbr~si 4~ du~ sad WTable aa toUows: P~yeble in twelve t12) equal semi payments at ~fi32. fi0 each plus intsreat First p~yment pjua intsre$t due onths from daLe o2 this note and each and every sia aionths thereatter untu ~l~y d. This note may be prepaid at such times and in ~uch amour~ts as mal4e rs des ire witho~t penalty. It ~t~ult b~ ~aad+ t~? i~~ i~ tL~ oap~wst ~t aw~ at~llrsat ef'I~~iMI or futer?~t x anr ~ar~ tAereol. t?e ~hele •ua t?sw remaiwiw~ ua~aid ~itY intetest sA~ll at Mlie?'~ optiM Mcw~e dw a~i Nf~ ~wt ~otic~. Fail~?~ te ~~ce~cls~ auc6 ep~ha sAdl aet conatitut~lQ.ai~er ~1 tM ?~t~t to e=ercis~ t1~ sre i~ th~ ~~eat of su~sN~t lef~uh. A1 awt~dt~ bo!? piiscipal a~d accrued int~reat a~all Sear ieta?est at . Per centuw~ per aaauw~ ~utp NW. T?e wkers ud e~s~rs ~I t?ia ~ob tuet ~ai~e ieasaed, wetic~ ef wow-Parme~t and p?oteat. If tAis note is aot p~ at m~turit~ ani t1~ s~st is i~+hd ~?ith ~w •ttwar~ f~? e~lkc ts~ aa~ eadorsen Aereot a~ree to Par all tost: oI coUectioa, iqcludie~ afl court costs aa/ nawea6M attoree~ Iees. - J ` , ~ ~ , ~ • - ......ISEALI & E, eir~er, , • • ~.~.r_• •-r-~~~~ - ~-(SEAL1 Lill an $ Kir ......--•-•t3EllLl 4 and shal! duly. prnmpUy aud tully pedorm. d3acharge. execute. efiect, completr, comply wltA and sbids by eacb aad every We atipulaUons. agreementa. conditions and coveaanta of said pmmissory note aad oi tWs mortgage. thea t4i~ mortgage and the eatste hereby created ahall cease aad be riull snd votd. - It is nnderstood tt?at each oi the words, ••aote.,, «~ortgagor" and ••muttgagee•• respecUvely and the pron- ouna retening theretor wAetber in the aingular or plural anywhere ia Ws mortgage. ehall be aingular if one only and ahal! be plural iointly and severally. if more than one, and ahaU be maACUline. feminine and/or neutes. wher- ever We aontext so impl[es or admita. - Aad said ~[ortgagos for himselt and hia he[rs. legal repre~entaUve~y, succeaeors and assigns, hereby ooven- - ants atw agrees W and w1t6 aaid l~[ortgagee„ h1a ~legal representativea. succeasors and assigps: 1. To pay e11 and dngnlar the principal and intereat aad the various aud auadry sums ot money psysble br virtue ot ~aid promiawsy note~ aad thii mortgage~ etch and every. promptly oa the days reapsetively ll~e ~aan~ severally beooms doe. Z. To pay al! aad aingvlar the taxes. assessmenta, levies. IiaDiUUes. obligaUons and incumbrancxs of ever~ nature and kiud now on ssid deecrlbed prnperty. and/or that hereafter may be impoo~ed. suitered. placed~ levied or aasesaed thereupon. and/or that Aereafter may be levied or asaessed upon this mortgage andlor the indebted- nesa xcnred henbq, each and every. whcn due and payable sccording to law, bcfore they beoome delinquen~ snd betore aay interest attacbea or awy penalty is incurred; and in so tar ae any thereot la of naord the same aha11 be prompily astisfied aad discharged of recoM aad the original o~ficial document (such as. for instence. the ta~c rnceipt or the sstiefaction paper officiaUy endoreed or certified) shall be plnced tn the hands of said Hortgagee within teu daya neat after payment; and in the event thaL any thereoi ls not ao pafd, satisfied and diacharged. aaid ]~Iortgagee may at any Ume pay the . satne or any part thereo[ •without waiving or atfecting any opti0n, lien. equity or right under or by viMue of this mortgage. and the tutt amount ot each and every auch payment shall be immediately due and payable and shall bear idlere~t trom ihe date thereof until paid at the rate oi ten per centum per aanum and together with such intereat ahall be aecured by the 8en of thl~ • mortgage. S. To piaoe ar~d cantiauoualy keep on the baildings now or hereafter situate on said land flre and wtndstorm insuranoe in the usual standard poltcy form. in a sum not tess than 1n sueh eom- pany or compsnies ss may be approved by aaid Morigagce; snd all such inaurance poUcies on aay of ssid build- inga. aay interest therein or part thereof, in the aRgregate sum aforesaid or in exce~s thereof, shsll contain ths usual standatd mortgagee clsuae making the lox~ under aaid pol~c[ea, each and every, payable to aaid Mortga. gee aa Dia intereat may appear, and each and every such policq ahall be promptly deUvered to and held by aaid Mortgagee; and, not lesa thaa ten daye in advance of the eapiration of each policy. to ¢eliver to aatd ~[ortgsgee a renewal thereof, together wiih a receipt for the premium af au~h renewal; and there shall be no such inaur- ance plac~d on any ot said buildings, any intereat iherein or part thereof. unleas In the fotm and with the loes payable aa atoreaaid; and ta the event any aum of money becomea payable under such pollcy or policies said Mortgagee shall hsve the option to receive and appty the same on account of the indebtedaess aecurecl hereby or to permit said Mortgagor to receive and uae it or any part thereot for other purposes without therebq waiving or impairEng any equlty, Hen or rlght under or by vlrtue of thia mortgsge; and in the event esid ldortgagor shall for any reaaon [ai) to keep the said premi~es so insured, or fail to dellver promptly any oi said policies of lnaurance to aaid Mortgagee. or fail promptly to pay fully any premium theretor, or in aay respect fafl to per- form, diacharge. execute, eftect, complete, comply vvith and abide by this oovenant, or any part hereof, eaid Mortg. agee may place and pay for such insurance or any patt thereoi without waiving or affectlng anq option, lien, equlty or rSght nnder or by virtue of this mortgage, and the NU aqnount ot each and every auch psyment ahall be immediately due and payable and shall bear interest irpm the date thereof unW paid at the rate of ten per cxatua! per annum and together with such interest shall be eecured by the 11en oi tlils mortgsge. 4. To permit, comrNt or sutfer nu waete, impa[rment or deterlonUoa ot safa property or any psrt thereol, abatracts ot~tltle, lncurr ~orr ~d at an~ti ne b safd M~~ including nasonable lawyei'~ tees and cost o! pai y y gagee becsnse snd/or fa the event of the tallurs 1 ~ the part of the said Mortgagor to daly~ promptly aad fully pertorrn. discharge. ezecute, eKect, complete~ oomplY w1tA and abtde b3? eacL and every the atfpulaUons, agretmenb, conditious and oovenant~ oi ssid promis- wry note, and this martgag~ any or either, and said costs. cbarges and espeases, each and every. sl~ell bs im- mediately due and payable, whether or not there be notice, demand. attempt io coUeM or suit pending; at~d ths hill amount ot each aad every suc6 payment ehall beat intereat lrom the date thereof untfl psid at the rste at ten per centum per annum: aad all ~afd eosb. chsrBa and ezPea~es ~o incurrai or paiq, together with suc6 in- tee+s~t, ~ha1t Ds ~ecured by tbe ltaa ot l2~L mortgaga 600K 10V PACE 1~5 ~ - ~ . _ - _ _ - ~