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Home My WebLink About0475 ~ . • . . _ . . . _ _ . . . r....... :r,::^::::::t ::::::::...::^s~::::: ar.:~::::::::::: . ~ S 89, 586.60 srvARr. F'lorid~. .~Fc J~, ly 71 s;;\ i . ~ FOR VALUE RECEIVED, th~ undersig~ed. join117 and s~veratiy. FROMtSE TO PlIY to !he ord~r ot. . . ~ i EARL H. THIELE and HENRY C. THIEL~ Eighty Nine Z'housand Five Hundred Eighty Eight and 60/100s---------- DOLLF.RS, a1 7507 Shawnee Road, North Tonawanda, New York 14120 _..o~ such olhe: place as th• boldu ; hereo[ tn~r d~sign~t~ ie wrifing. loqeihsr with interes! from d~t~ •t !h• rate ot . 7 per tentum p~r annum on ih~ unpaid : balane~ untjl maturifY. Th~ ~aid principal and int~r~s! •hall b~ due and payabl~ 38 f O110WS : ITl t 1V@ ( 5) equal annual instal~. ments of $17,917.72 of the principal, plus interest then due on the ~~,~`L`day of December of each year, beginning December ~ ~ , 1972, aiid continuing until the principal and ir~k erest are fully ~ paid, The Maker may prepay any part or all of the unpaid principal at any ~ time before due without payment of premium therefor, provided that no pre- :z payment may be made prior to January 1, 1972. • If del~ul~ !a s~ad~ ler 3~ ~~y~ iw N~ Nrmtwl ~nr inst~ilment ef principal or ~nur~+1 er anr D~rt therwf, tA? ~hoi~ •uu tAea nsaiale~ ~iv~i~ ~itA iwte?~~t ~A~11 ~t ?eld~r'~ ePtfew Mcew~~ ~w ~wd Pa>~?k ~itAeut wetice. Fwilur~ te ex~reise sucs op~iow ~h~ll net c~~~~it~b rr~i~~r o( th~ ri ?t te e:erciH !\e •~w~~ le t?e ~v~nt el •~l~eanewl def~ult. Alter w~atur{t~ 6etL Princiy~l and ~ccwed t,~tereat •hall lear ietere~t ~t . per ~AAY~ ~~~U ~aN. TA~ ~ak~r~ ~e~ ~w~sen„~1 tli~ wob furWet vaire dew~and, ~etice ef n~a-Mymewl ~ud ~r~t~~t 11 ~AI~ ~et~ u.~~? ct~uw :,j w+aturlt~ ~w~ tM ~as~ ia ~lac~ vlt~ ~w ~ttwe~~ fer edMeN~w. N~ ~w~~rs sw1 eadorser~ Asreef a~re~ te Par aN co~~~ e! ts!{ectlM, fwct~~lw~ a)! court i ee~b ~u~ ewwwyb ~ltMe~ fe~. Richard Verbic, as Trustee ~ ~ ' ~ ~~•~sE~~~ ~ . _ .............(SElIL) i r ~ _ . ......__.........._..(SEALI ~ _ .~e.. "»::L'.'S'.2:: 5.~... ~.......»............w....»..................................... j« iti" » .~i~i »~!'.K..2:iSf»:.......2..........l ............................a.................f.::::..'.~:i:::ii: ::::T.: .::::::::::M :::fi::SI::::~.L'.7.f~ »~T~C'S'.'pq2:;i~13t:, wn~t st~alt duly, promptly and fully pertorm, discharge, execute, affect, completP, comply w~th and abide Dy each and rverv the stipulations, agreementa, conditions and covenanta ot said prom~saory note an~ of this mortgage~ then thia mortgage and the eateGe hereby created shall cease and De null ana void. il ~O WfUCIJNN/Y iifni wa.: ii :.~c ••^~:Z,° ••;.^.n.fe~svnr" wnd ~~iT{ffYiPAQPA° TPVDPC~IVCjV 8Ra vlE D[OIl- '~^o-_ ouna mterring thereto, whether in the singular or plural anywhere in this mortgage. ahali be ainguler 1f one only and shall be plural jointly and severally, if more than one, and shail be manculine, feminine and/or neuter~ wher- ever the context ao impl[es or admit~. ; Md ~aid Mortgagor for himaelf and his heir~s~ legal representative~, auccessor9 and assigne, i?errby coven- snta ana agrees to and with eaid Mortgagee~ hia tegat repreaen[atives, sacceasors and assigns: , 1. To pay all and aingular the principal and interest and the various and aundry auma ot money payable by virtue of ~sid promissory note, and this mortgage, each and every, prompUy on the daya respectively the aaane severally become due. 2. To pay all and ~ingular the txxes, esse,ssments, levies, 1~abilitiea, obl~gation~ and incumbrancea ot every nature and kirtd now on said described property, and/or Lhat hereatter may be impoaed, auffered, placed, levied ' or assessed thereupon, and/or that hereafter may be levied or assessed npon this mortgage and/or the indebted- nes9 secured hereby, each and every, when due end payable according to law, before they become delinquent, and before any inieresi attaches or any penally is incurred; and in so far a~ any thereot is ot rerntd the same shall be promptly satisfied and discharged of record nnd the oriRinal officiai document (such a~, for i~tistance, Lhe ta~c receipt or the satis[action paper otficially endorse~ or certified) ahal! be placed 1n the hands of said Mortgagee wHthin ten days next atter payment; and in the event that any thernof is not so paid, satist~ed and discharged, said 1ltortgagee may at any time pay the same or any part thereof v?~thout wai~Zng or a[fecting atiy opti~n, lien, equity or right under or by virtue of th~s mortgage, and the full amount ot each and every auch payment anail be immediately due and payable and shall bear interest irom the date thereof ur.til paid at the rate ot ten per ceaturn per annum and together with such fnteresi ~hall be aecurec3 by the lien of thia moKgage. 3. To placa and continuously keep on the buiidinRa now or hereafter altuate on said land tire and ~vindstorm ; • value ; tnsurance ~n ihe ucuai standard poiicy form, i» a sum not les~ than ~ighest._._i~nsurab~ef ~ in such com- pany or comp^nies as may be approved . said Mort~a~ce: and all such insurance policies on any ot said build- ing~, any interest therein or psrt thereof the aR~reRate aum eforesaid or in exceas thereof, 1haU contain the asuai standard mort~ngeP clause mak~, ; the ios~ ur.der said golicies, each and every, paynble to said riortga- gee as his interest may appear, anA each ar.d e~~ery surh pol~cy shalt be promptly delivered to and held by said ` 1lfort~agee; and, not iess than ten day~ in ad~•an~e at the expiration ol eacte policy, to deliver to said ~1ortRb~ee ' a re~e~val tnereof, toQether with a receipt tor the premium ot au~h rene~val: and there shall be no such insur- ance placed on any of said buildinKa, any interest therein or pnrt thereot, unle.as in tne forrtt and w~.h .,`.e :cs~ payable as aforesa~d; and in [he e?ent any aum ot money become~ payable under such pollcy or poiicie~ se~d Mort~;a~ee shall ha~•e the optii,n to recei~~e and apply the same on account ot the lndebtedne~~ secured hereby or to pFrniit said Mort~ARoi to receive and uce it or any part thereof tor other putposes without therebv ~vvving or impairing an} eguity, llen or ri~ht under or oy virtue of this mortgage: and in the event said Atort~a~;or shall for ar,y r~as~n tAll to keep the E81a piP~ltl9P9 so insur~A, or fail to detiver promptiy any o[ sazd polic~e9 ot ~nst~ranrP to sa~d ~t~rl~aRce, or fall promptly to pay fnily any premium therefor, or in any re~pect tail to per- form, ctischar~e, execute, etfeet, eomplete, comply with and abide by thi~ covenant, or eny part hereot, .aid ~fort~- aRe~ n.ay place and pay for sucb insurance or any part ti~ereo[ without waiving or aftecting eny opti.~n. iiPn. equity or nRht under or by virtue of this mort~age, and the full amount ot each and every aiich paymeni shall be immediately due and payable and ahall bear in!o_rest from the date thereof until paid at the rate of cen prr centum per annum and together w3th auch interest nhall be eecund by the I~en of thle mortgage. 4. To permlt, commft or ~uffer no waste, lmpafrment or deteriornUon of satd property or any part thereof. 6. To pay nll and a1n(;uiar the co~ta, chargea and expenses, including reasonable lewyer'e fees and cwt of } abatracta of tiqe, tncurred or pald nt nny tlme by safd Mortgagee becRU~es snd/or ln the event of the twilurs on the part o[ the sstd Mortgagor to duly, promptly and tutly perlorm, diacharge, ~ euecute, effect, completq, comply wftT~ and ablde by each and everq the atlpulatlons, agreements, condiUons and oovenants ot eaid promla- sory note, and th1~ mortgage, any or elther, and sald coeta, charges wd eapenses, cach anQ every, shall De fm- mediately due and paysble, whether or not there be noiicr, demand, attempt to collect or suft pending; and tT?s l1il1 amount of each and e~ery auch psyment shsll bear fnterest tronn tM date thereof untU pald at the rate at ten per centum per annu~m Uen ot thta m~ ch~es ~ad ~peaw ~o tucurnd ar pafa W~ther wltb sucb fo- br+ss ~ball b~ aecurbd ortgap. ~ ~ i