HomeMy WebLinkAbout0486 ~ ~o ~iaue and to ~lo1d I~~r samt~. fuyrt{~t~r ioif~~ t~~~ ten~menl~. h~rec~iluments nne~ npp~ufM i
ru~m-~~s I~i~v~~lu ~,r~un~~in~~. anc~ f~~e~ rnnfs, iscu,~s ani~ pro~ifs f~~Nr~>o~. unfu Il~e morfgagee. in ~~e 51111PIP.
nn~ f~~r murlqagut iv>iv~nunls u~Uj? I~~t• mu?I4~t~~~~~e 1{~ut ttie ?norfgngur is inc~e~~asih~V s~izpe~ oj sai~ .
(and ire J~•~~ si?np~~~: Ihnt i{~~ morf~~ntlor {~as gocxl right ane~ la~i~f ul p~~tho.~ty to i~onray saie~ ~and as nf ore '
:aid; that thp mo?tya~iur u~i~l mokp sucl~ (u?thPr assuranres to pprfPCt the fee simple title to said land in the ,
m~~rt~~ag~~v ns ntav mnsurta~~y E~t~ req~~irPC~: lhnt f~ie murtga4~ur he~eE?y (u~~v u~arrartts the tit~r to sait~ ~artt~
nncl u•i~~ c~F~~ ~~!~e same ngainsl I~~p ~au~~u~ c~nims o~ a~~ personJ tnhomsoei~er: an~ thaf sait~ ~anc~ is ~ree ~
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aru~ r~i~ar u~ u~~ encumE~ranres !
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~rouided ~llways~ t~eat ij sai~~ morlyagur sha~j pay tu?to saic~ morfgngee thp certain p?omis- '
sun• ~~ofe~ ~~Preinajfer cu~~stantial~y ~-opir~~ ur ic~~nfiJie~. to wif ~ ~
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= 4, 500. oo Fo~r P~f~s, ~a~ .112~c~ , ~ 9 71
~ As tlecai naf tar ipaC4 f t od afte~ date, we or either of vs ~pramise to psy to ihe order of
Natha~ P'h111ips ar~d Etton t~1@ttz~r as T~uste~ _
( a~ ~ ~RJHiV~N T iwA~{A ~ ~ YO~MNM~~~i~~~MS~MMMMMM~~~~ ~~RJ
for v~lve teaeived, payable at -
c/o Ben.iamin S. Kalnick, 41 East 42nd ~treet, New York, Rew 7ork IOO17 _ M,;ff, ;pterest
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~ {rom ~t~ at the rate af 8 per cent per annum until psid; interest payabl~ ~t~~r
? If defavk M aud~ b+~w wy~ wb~n dw, tl~n a tly option d tt~e hol~r. «+d wtthout ~rqr oMK nwic~. ~N 1M re~wakw~y b.fa~
~Ibp b~ ~iM Mld WY~bI! N p1p.
~ k1d N~1 Of Y~ M~Mf~1M IAikM• ~IIMi1110t Cf MIdOf7K. lMI~ Wi~! MI~ NMIOM~Ol~ a1lY M1~ i~ ~Ol1MtlOid el[M1pAQIf ~,11f
s vw nry hars wxlw dw Cowubvria+ w hws d tir Sat~ d NorkM. a~ny otMr St~ or lM+it~ St~as„ ~s prtnst Ihia aoMr and each ivrthar
waiws dMw~d~. noKe~ of ~wn'P~Ym~t ~nd p~o~wt. and iw swM if b~ooirN ~raawy b tolbct thia ~qM 1lrouOh an a~rorn~Y, prK+ io pey dl
aoau of wlbuio~, incl~d~+~ ~~+bM r~a+~N~
~ Th~s no:e is :iue and payabi~ tve~lve (j2~ ~ua1 ~ons~tutiva qwrwiy
inst~i 1~~ts of ~375•~ ~~h intresst or? auwaid bata~c~ at ~~~r
~ 3~^. PiYabl e yuar teri Y.
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~ 11~f s rata ~~ay ~o pro~oiJ at any titr~
~ titithout penalty.
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s/ Garaldine L. Sellheim SEAt
uota ~e L. 1 m
; s b'~~ Stats Docvmentary Stamp S~
= Affixed to Oriyiaat Note and Cancelled. 5~ ~
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_ SEAL :
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