HomeMy WebLinkAbout1239 Our ~ile 5-22,17~
, m.~rl~t~K~ ~y ,~~Ar~ nan.t~. ..1 ~~tle th~ n.,.r.p~Y~d {w~y~c~t~ ~n e•t~~~u~+A~e«ni ~h~ ~nde~te~n~.~ ~e..l ec~•~. ~11 n~h~, ~itl~
,~nd ~nteic.; ..t ~At \1.~•ti~y.n ~n ..nd t., ~n~ ~n.u~..n.~ p~~li.~c. ~hcn in ta~.t .A.i' t.. t~e pu~.ha.ei ~~i k~~nt~r.
lh/ l.• pr~i.•+~~. ..~cnPl~ ~ith •ud ah~Je h~ ~~.h ~nd ~~tn IM .tipu!~t~.~n., •K!ceme~t., ?~~nd~t~..n. ~nd ...~cn~nt. ;r. .r~u p~un•,i.".~~
a.~:r ?nd ~n ~h~. decd .ct f..~lA.
U 1 'IAa~ ~t en~ .~1 .a~d ~um. ..t n~~.•~e~ ~r~r~n ~~Irrr:d t.• Ar n~~t pnKnp~l~ ~nd (ull) p~~J r~th~n I~I~cen ,lr~. ne~~ atte~
~hr c~me .e~e~~llp lK...mec 1ue and p~~~nle..a it ~nd t~ee~ thv ~tipul~t~on~. •~:r~mtnt~..~~ndU~un. •n1 :~~Lena.~h ul .a~J pe~~m~..
..v~ note ~nd tMs deed. e~t1•~~, •re n..t ~ull> p~rf~umcd, ...mp1~eJ riM •nd •A~~ed l~Y. tAe .~~d ~~s~tKrt.• ~um m~M~.•r.rd ~n .~~.1
~v.vni...w~ n.~te chall ~n~xn~ duo and ~~r~able I~utha~tA .a tee~c~ll~~ at ~he up~mn of IAt \I~~~tK~~er •e tu111 ?nd.omplctth a~ ~1 thc
.~~d ~«<e~a~e aum .~i ~a~J {wm+i.~.w~ n,.ir ~a~ on~mall~ .upul~t:d he pa~d m<u.A dr>. an)ti~in~ m xa~d pr~~m~~..u) nute ur here~n
t.~ tAc .:~nt~ar~ mrt~~th~t~ad~n~.
t~ 1(h~t ~n orde~ ~u ~..eleu~a tAc ~:uiunt~ .d the ~ndeMe.lnt~~ tie~eAy ~e.wed. Ae:ause v! ~hc (a~lw~ u( the \t~nt~t.:~..r t~, paY ~m ~a~,
.~c.~..mem, Iu~~IU?. .~l~~ati~N: ~.r cn.umA~~n.~ up.v~ .a~d p~.~re~t~. as he~~~n p~..~~ded. ~t .M11 not Fe ne.e..~~~ ~K r~ywsi~e ~hat ~h~
n.~:t~~~er .h~l! lu.7 pa~ tht .~m~.
: fhr ~lortgager may, at h~c uputm, ~nJ w~thuut wa~ving h~a nght tu acceletate the ~~Jehtedness htrch>
.c::ir;~! and to f.?terlusi the aamt. pa>• t~th~t hrforc aftet del~nyutncy any ot all of thost certa~n i~bligat~~~n.
r~yu~r~d M thr trrms herc.~f tu hr pa~d tiv the ~k?~tgagur for the pcutecuon of the nx~rtgage secur~ty ot for the c~~i-
{~.u~~n .~f the indebtedne~. hrrtb} scrurr.l :111 .um. aJ~•3nred or pa~d by the ~lortgagee shall br chatgrd ~ntu
thr m~?rtgagt acr.•unt a~~P ubc~~r~e ar. ~nlrgtal ~ art there~~f, sub~ect ~n all rcspec~~ tu the term., cond~tiuns, anJ
~.~vensnts of tht ati.~rcsa~d prum~s~~?n ni~tr, :ind tfii~ mortgage, as fuliy anJ to thr san~e extent as though a par~
.~f thr or~g~nal indebtedne~s e~ ~denred by .ai.t n~~tr and srcurrd by this rrx~rtgage, excepung how•ever, that xa~d
.um. :hall br cepa~d tht ~irrtgaget f.~rthwi~h u~un its demand and ht ~n aJd~u~n tu the rrgular munthly in+tall-
mtnt~ ptov~drd b~ the m.,rtgagt nott.
z. That th~ ab.tract ~~r absttaris utlt <<•.•enng the nz~~rtgage3 propett}• shall at aU t~mrs, dunng thr i~fe
,~f tt~~. rtx~rtgagc. rema~n ~n pa..r.~i:~n of thr \1~~rtgagtt and ~n e~~nt rf ihe toreclosure of this mortgage or ~~ther
tran.irr .~f t~tle t.~ the rrn~[tgagrd propttty ~n e~ungwshmCnt of the indebtedness secured hereby, all right, utle
.~nd intzrtst uf the ~1.~rtgsF~*r :r, ar.d t.• an>~ «?rh ahstracts of utle .hail pass tu the purchaser or grentee.
-i. T~~ thr e~ttnt .~f tht indebtedne.. ~~f thc \1ut~gago~ h~ lh~ ~lortgagee descnbed hetein .~r ~ecureJ hereby.
thc ~lortgager i. htreb~~ subrrgated to the I~tn I~rn~ and t~~ the n~hts ~~f the owners and hoWers th~recf ~~f each
and c.er~• mortgagc, I~rn r.r other ~ncumbran~r un the IanJ descnbed herein which is pa~d and ur latisf~ed. ~n
wh~.1c .u ~n part. ~~ut ~~i thr procetds of tht I.~an dr.cnbed herein .~r securcd hereby, and the respect~ve liens of
+ai.1 m.~r~gxge.. I~rns .~r ~~thrr ~ncumbrancts..hall he anJ the sam~ anJ tach of them hereb~• ~s preserrrd and shall s
pa•. t~~ :+nJ hr held b~ the \1~~rtgagee htrrin ~s .ecunty for the ~nda~tedne~s t~~ the ~lortgagce here~n dtscribed
~~r h~rch~ .r.urrd, t~~ thr .ame e~ttnt that N~~uW ha~•e brrn pteserved and v?•~iuld have bten passed to and bcen ~
hrid h~ thc \t.~rtRagrr had it hten dul~~ and regularl~ a,.igned, transferrcd, set over, and drl~vereJ unto the ~tort-
t:~gce h. ~eparatt drrd oi a~~~gnment, notN~th~tand~ng the fact that the same may be sat~sFieJ and cancelled of
rt:,~rd. ~t hcin~t thc ~n~rnt~.~n ~~f th~ parue. heret~~ that thr aame w~fl be satisf~ed and cancrlled of record by tht
h.~Wtrs thrre~•i dt ~•r abo~t thc t~me o( the rrc~~rd~ng ~•f this mortgage.
In the r~cnt the awnrr~h~p ~~t the mortgagrJ ptem~se~, or an~• part thercof. becumes vested ~n a petson
,~thrr than thc \k.rtgag.~r, the ~i.~rtgagee ma~•_ w~th~~ut n~•t~cr to the \lortgagor, deal uith such success~r or suc-
;z..~~r. in ~ntrre~t Nuh rtference t~? thi. deed and the debt hereb~~ secured, ~n the same manner as with the ~I~~rt- ;
~tsg~~r ~~~th~+ut ~n ar. wa~' c?t~a~~ng ~.r d~schargmg tht ~1o~tgagar's Gab~t~ty hereunder ot upon the debt hetabc ?
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:c;nrrd. .aiz ~~f the prem~.e. htreb~ nsortgaged and no forbearance on tht patt c.f the ~lortgagee, and no ea- ;
trn.~~.n .~f the .ime for tht payment ~~i the debt hrreb~• securcd g~~cn by the \tottgagee shall operate to teleast,
~ d~:chargt. m~~~f~~, changr or affect the ~•r~ginal l~ab~l~t~~ of tht ~lortgagor herein either ~n whole or ~n part. ~
~4 b. The lien ~d th~s dezd secuce. and .hall contv~ue tc~ secure payrnent of sa~d ~ndebtedness at indebted-
I r.e... howrvtr e~~dencrd, whether b~ sai~ proir,»sun m~tr ~,r am• rrnewal ot txler.s~t~n theteo! or subststute there- _
~ frr. .~r .~thtr~~<e. until ail such indehtedne.c shalt ha~~e bren full~~ paid.
~ jn rh~~ ~•~e~nt the m~rt¢u~rns srl1. i~~r.rc~~• or t?~ns/Pr the mo~tRaRed premises during the tile of this rso?~-
~ i~~c•. rhen :kis mo?txaKe snal:. ut the ~~rt~on or the• tlo?iXugrc he~e~n. heco??te ~mmediately~ due and payable lor the
~ i:.:! ~urr~ o~ the ~rtnc~nal balancc ~nd i?tterest then duF.
R. Tht terms "\lurtgag~~t' and "~tnrtgagte' Nhrne~-er used ~n th~s ~nstcumtr.e :.haii ~nciude the he~rs.
' ~[f~nT13I renre.entau.•es, succz.sors and a,sign~ ~~f tht respecu~~r parties htret~~. K~herevtr used the s~ngular
~ r:u~:ber ~hali ~n:,ude thz plura~-aad._t~e ~i~ral the ~~ngular, and thr use of any gender shall ~nclude all genders_
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i~g ..eale t~ d in the pre~rn~e of ~~A~l./f~ L~'' / r ISeal)
~~lr+~ ,~~~~L~" ISea11
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~ ST ~TE OF FLt~: InA 1
( ()l'~TY ~~F y
~ ST. LUCIL
~ Het~~re mz pet«nall~ ap~zared WZ~,~,J~ M. ERB, Jr. and RUTH N, ERB ~ his Wife
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~ t~~ ^~e •Aeli V~noMn and kn~~wn t~~ me tu be the ind~~~duals Jescr~bed m and who etecuted the foreg~~ing ~n:trumrnt.
~r.d e~Ar~v~ledgtd bef~ct ~,e that the~ ciecuted the ~ame for the purp~»rs therein rxptessed. W1TtiFSS m~• hand
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- a^ :~~ffi~:al ,eal ~n the (~~~unt~ :~;~1 Statr la.t af~+rr.a~d th~. 1 th day of July~ 1y71.
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~ ~1~ (~~--.^.~,siur. i x~ stt~ ~june ~~-1Q1~---- ti~,tarr Pu I~c. Sta(c " Q id s~ ~C ,-r• -
~ILEO AMD RECOII~Ei ~ ~ .,~1 i '
; 3T. LUC1E COUMtr flA. -f ; ~ _
~ N6CE~i PGiTRAS _ ~ _
CIERR CIRCUIt COIMT ~ .
R~COR~ YER~f~Ep~ . n~~
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T ;~131~y y~~ ly4 12~ '
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