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11N w~d~ni~nad, iointlr aed s~v~ally, ~ROMISE TO ~AY to tM adK of ~~e1L44~? _.~r.s.._~9~~
~ Fa~e v~tuE RECE1vEO, ~
~ aa - Tx.~~~~ ~~g• °L Qs~.~.__~a_ss~• -~u?--,~nint-- t~naatt~rciLh_ riQht_ o! _ _ ~ur~i ; ;
~ sb~., ~ ~crnmt~n t~Z~'.ZY~__T~O~US~.~_~R'i~ THR3~~fl8ll4Q_ oott~uts, ; ;
~ at Cf_O~--A.]i[.-18I8~TI~.,--.~21-~lqhlind--jLd.-,-.AnII_~ltb~L.--1l1~pb'9~ wch ofl+K piaw as th~ hold~r i,
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~ at tM tih o1--~?Y~---- PK ~ PK ~ Y°~~ ~~na until matu~itr. Th~ said prindpal and intK+st shall
d~,. ,nd p.~,abt. n fotiows: In nin~ annual i~~tslla~nts o! $1S , 312. 39 , plu~ int~r~at,
~ th~n du~, ~d a linal in~talla~nt o! s1S,312.37, plui int~r~at th~n du~;
~ eai~ annual iruta114~nt• to b~qin on~ y~ar !s'os~ May 1991, and continuinq
i en ~~~m~ day o! •ach ~ar a• afor~a~id. until th~ principal and intos~at
~ ar• tully paid. E~ch pay~ent ahall b~ appli~d lirst to th~ pay~snt of inter-
~ e~t on th~ unpaid bal~nc~. th~n to th~ payp~nt o! principal.
~ li ii.dt b.d. ._~.4----.- a~r. i~ 1U. pr...~ ~f .~y i~adw».~ .i ~ei~ciNl « i~1~M ««w p.~ Iin..~i. IA. wl~sl~ 1Mw ..~.Miw~
1~ai~ rrilA i~M~rN fraN Mbli~'s M1M~ Mc~ ~w aw~ pYs~l~ wAMM Mliq. hibn N~x~ wtl~ N/M~ ~MaM MI c~wtlilw~ w~iw~ e! 11»
ri~M N~a~esM 11» uwI l~ Ib ~ww~ d s~w~1 ~fwM. AfN~ wM~wNy Mtl~ Mi~clpl a~ ~ssrwi i~Me~M ~11 Mae i~Nryt M...~ . M~ awlw~
p~r aw~w~ wW lw w~k~es a~ Mi~nMS ~f iW w~M ~rell~ waiw iwMwr. wNic~ ~f w~~~ ~ M~. N IMi~ ~ is Mf ~ N
.a~wk~r aw~ tM ~w is ~Mc~ wilb ~w ~Newyl f~ aM~'M. tM~ ~+k~ a~ ~w~rwes bw~~f a~ N py aM c~sb ~i aWc~. ~ aN awrt ~1
~~Th~ pr~
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i~qe of a~akinq paym~nta in adv~AC~ o!_th~ du~ dat~s Without p~nslty,`
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~ a~ft~r on~ yeu tros Kay ~ ,1971, ia_ ratainsd hy th~ a~aker•
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and ahall dulY. Promptly and itilly perform, discharge. execute, ettect, completi+. comply witL and abide by eacb
and everv the stipulaUons. agrcementa, coaditions and covenanb of said promia~ory note and ai tt~is mortgag~s,
then tt~is mortgage and the estate hereby created stiall cease aad be null aad void.
It ia understood that each of the words, ••not~,•• °mortgagoY' and "moetgagee" respectlvely and tbs pron-
ouna referring thent0. whether in the aingul~r or plural anywhere in this mortgaga. shall be eingul~r it one odp
and ahall be plural iointly and eeverally. tf mote than one. and ehall be masculine. feminlne and/or neuter. wher~
ever the oonteat so impliea or admits.
And said Mortgagor for himeelf and his heirar legal rspreaentat[vea, succwors and assigns, hereby oo~ea.
ants anu agrees to and w3th eaid ][ortgsgea his legal representaUves. auccessors and aaaign~:
1. To pay ail aad singular the principal and intercd an~ tbe varlous aAd ~undrp suma of money psysble p~
virtue of aaid prom~ssory aote, and thls mnrtgage. each and everY, Pmmptly on We dsys seapectively the a~
severally becoma due,
2. To pay all and singuLr the tazes, aseeasmenta. levies. liabiliUes. obligailons and incumbrancei of ever~
nature and kind noa on sald dexribed property, and/or that her~after may bs imposed. auitered. placed, levied
or asaessed thenupon. aad/or thst hereafter may be levie~ or assessed upon this mortgage aad/ar the indebted-
neas secured hereby. each and every, when due and payable acoocding to Lw. before they bec~ome delinquen~
' and before any intereat attaches or any penalty 3s 3ncurred; and in eo :ar as any thereoi is ot reoord the same
; ahall be promptly satis8ed and discharged of record aad the originsl of~cial document (auch as, for instaace,
' ;he ta~c receipt or the satiafaction paper officially endorsed or certified) shall be placcd in the hands ot said
f Mortgagee within ten days nezt after paymmt; and in the event that any ihereot is not so paid. aatisfied and
~ discharged. eaid Mortgagee may at any time pay the same or any part thereof without wai~~tng or affecting
j any option, lien, equity or right under or by virtue of thia mortgage, and the fuA amount of each and every
~ auch payment ~hall be immediately due and payable and shal! bear intereat from the date thenof until paid
at th~?. rate o! ten per ceatum per annum and together with such interest shall be secntcd Dy the lien oi thi~ ~
mortgaga ` ~
~ S. To plaoe and continuously keep or, the buildinge noa or heteafter dtutte on said land flre and vvindstorm
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inaurance fn the usual atandard poUcy form, in a sum not less than i-••---•---°-~0~--••_•-----...__.-------..__, in such com-
pany or comp^niea as may be appmved by said Mortgagce; and all ~uch insnrance poHcies on any ot said build-
inga. any intereat therein or part therwf, in the aqgregate sum atoreaaid or in exoess thereot, sball coniain ths
usual standsrd mortgagee clauee making the los~ unde: said policies, each and every. psyalsle to said Mortgar
~ gee aa his inttrest may appear. and each and every such policy ahali be promptiy delivered to and held by said
DSortgagee• and, not less than ten days in advance of the expiration ot each policy. to deliver to aald Hortgagee
~ a renewal thereof, together with a receipt for the premium ot such renewal• and there ehall be no such insur-
ance placed on any of aaid buildings, any Interest therein or part thereot. util~as in the form aud with the lasa
~ psyable aa atoresaid; and [n tbe event any sum ot money becomes payable under such poUc}r or policiq aaid
l?tortgagee ahall have the option to receive aad apply the eame on account oi the lndebtednes~ secured hereby or
~ to permlt said Mortgagor to receive and use it or any part thereot !or other purposes without thereDy waivltig
or impairing any equjty, llea or right under or by Wrtue of thia mortgage; and in the event sald Mortgagor shari
~ for any rca~on fai) to keep the said premieea eo ir?~urrd, or faU to dellver promptly any ot aaid policies ot
Inaurance to aaid Mnrtgagee, or fall prompUy to pay fully any premtum theretor. or ia any cespect tafl to per-
4 form, diacharge, execute, effect, complete, comply with and abide by thii oovenant, or any part heeeof. uld blortg- ~
~ agce may piace and pay for such insurance or any psrt thereof without waiving or affeeting any option, lien. ~
z equity or right under or by virtue of this mortgage, and Ne Nll ap~ount ot each aad every such psyment shaII
be immediately due and payable and shall bear intereat imm the date thereo! unttl paid at the rsts ot ten per
~ centum per annum and together with snch interest shall be secured by the lien o! thls mortgags.
~ 4. To permit, commit or auffer no waatr, impairment or deterbri?tloa oi uid propsrty or an~ pait thereai
~ 6. To pay W aad aingular the cast,, chugea and exper~sea, fncludins nasonaWs Lwyec'~ fees and cost o?
abetracb ot title. lncurred or patd at aay tlme by aaid Morigaaee becau~s and/or fn the ~veat os t2~e tdlur~ .
on the part of the satd Mortgagor W duly. PrompUy aad fully peKorm. di~cbarg0. ~secute, aftect. completq
complr arfth and abfde by escb snd every ths aifpulatlwu. agreements~, conditJoas aad ooveAants o! aafd promla-
wrp nota, aad Wi mortgage, any or efther, and safd costar charge~ aud espen~e~. eacb aud evesp. s1~W b Im- .
~ medtatdy due and payable, whether or not Ners be notfce. demaad, attempt to ooilact or snlt peadtng: aod tL~
~ lL11 araount o! each aad every such payment ~lWl bear intaYet frnm t!w dat~ th~rwf unt11 patd at the nte a[
~ tea per ceatum per annum: and a11 ~aid oo~t~. char~sa aud tupsnw ~o lucarred oe pal~ to~et~r wfth wcb 1n-
~ ttn~t. ~ball bs ~scured bp t1u lfen ot tA1a mortgs~s.
~ aa~192 528 `
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