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Home My WebLink About1400 , .i : l~t~.. t?J. _ srv~n~. ~ot,a~. . Febr.uaxy _ ~ ~ ~9 FOR VALUE RECEIVED. !M uad~rsiyn~d, joinilr and w~~rally. PROMISE TO PAY to tR~ ord~r ot. : , . ~~..ill~am.~......~as h.~ Anna.RS. b.is..~rife......... . . . Nine. .'~ousand. Cne.. re_d._Ninety anc~__N~ DOLLARS. - 1 • ai ~:~:.:~..~1....~~~.. . .E.'.~.u.~~...~~.~~....~~.Q.~~~.... . - 1 r~ ` ar~h 2 or tucA oiher place as 1he holder hereot ma~ d~sigaat~ ia wr ZO~~lii~i with iat~«s! irom D!a io 7 ~r cenium ~KlC a~ i.-._. p per annum on !he unpaid balane~ unlil eaaturilT. Tb~ dd p:ludpal iat~r~s! aha11 b~ due and payable as lollows: In five qual install ts of $1, ~8.00, plus interest. First Annual ~~y~ent e r: y~ar •0_:1 ' tre .hereof. Interest s:lall be ~.y- able annually. This notc ..-yay l:E- ~~~~aici at u:h times in suc a:uounts as ,vakers cia~ire ~,-itnout p~n~:..,,y. - I( detault b~ made 1.. dar• ia tse var~e.~ et ~np tsslalle~at of Prlncip~l or terest awr pa?t tArreol, tAe rSoi~ sua~ tAen ~emaiain~ unpaid vit? inter~st ~lull at 6sld~r'~ ePtiea Mcoa~t due uJ Payabb vltA~ut ~etice. Failur~ te a~nis such ov~~on ahall ne1 conatitute a/~~raiver e1 Ihe = ri~A! to e=e~eia~ tAe sa~at iw tA~ ~oe~t ef su?sputat ~efaulR A(t~~ ~aturi~r Aot? principal ac cd int~rest aAall Srar inler~at at / per cenlum j Der aonum uotil pa{d. T6e mak~n wd ew~er~er• e1 tbis aob furt6tr ~~i~e drmaaA, ~otice e -Paymeat anQ protesl. 11 this note is not paid at s matu?ity and t?e ~~me is v~~~td vitA an attwse~ ler coliectiow, tAt aalt~~~ ~na eedwsers Aereef ree to Par all coat• o( collection, iocludin~ ali conrl ? cos~s and reuenable atlwat~ tes~. ~ i ~ ~j / :ti / _ _ 1.....! ..._.:f.~l._~:LC~-..._-.. ....._.~'-~~~°~E~. _ ISEllL1 ~ . te r F. Savlno (SEAL? ~ . . . _ . _ (SE11L1 i i . and shall duly, promptly and fully perform, discharge, execute, effect, complete, comply wttli and abide Dy each and everv the stipulations, agreements, conditions and covenants of said prom~saory note and of Lhia mortgage. then this mortgage and the estate hereby created shall cease and be null ana vo~d. It i~ understood that each of the wonls. "note," "mortgagor" and "mortgagee" respectively and the pron- ouns referring thereto, whether in the singular or plural anywhere in lhls mortgage, shall be singular it one only and shall be plural jointly and se~eralty, if more than one, and shall be mnsculine, [eminine and/or neuter. wher- e~•er the context ao implies or admits. ~ And said Mortgagor for himself and his heirs, legal representatives, successors and essigns, hereby coven- ~ ~ ants ana sgrees to and with said 1liortgagee, his legal representatives,-successors and assigns: ' 1. To pay all and singular the principal and intereat and the various and sundry aums ot money payabie by ~ f virtue of said promissory note. and thie mortgage, each and every. prompUy on the days respectively the seme ~ E aeverally become due. _ f : ~ 2. To pay all and singular the txaces, as.9essments, levies, liabilities, obliRations ±ind incumbrances of every f ; nature and kind now on said described property, andior that hernafter may be imposed, autfered, placed, levied ~ ; or assesaed thereupon, and/or that hereafter may be levied or assessed upon this mortgag~ and/or the indebted- c ness secured hereby, each and every, v~hen due and payable accocYiing to law, be[ore they become delinquent, + and before any interest attaches or any penalty ~s incurrcd; and in 9o far as any thereof is of cecotd the same ' ' shall be prumptly satisfied and discha eed of record and the onRinal otticial document (such a~, tor instance, s ~ :he tax receipt or the satis[aciion paper of[icia[ly endorsed or certitiedl shall be placed in the hands of said ~ ; Mortgagee within ten days next atter payment; and in the event that any thereof is not so paid, satisfied and ~ r discharged, said Mortgagee may at any time pay the s:?me or any part thereo[ v~lthout wai~ing or affecting ~ T any option, lien, equity or right under or by ~~irtuP of this mortgage, and the tull amount of each and every ~ ~ such payment shall be immediately due and ?~ayab7e and shaq bear interest from the date thereof until paid g at the rate ot ten per centurn per annum and tu~eth~r v~-ith such interest shall be secured by the lien of this ; mortgage. { ~ 3. To place and continuously ke~p on the buildin~s now or hereafter attuate on said land fire and wlndstorm ~ ~ insurance in the usual siandard policy lorm, in a sum not less than = 1n such com- ~ ~ pany or comp^aies as may be approved b~ s.3i~i ~fort~a~i~e; am1 nll such insiirance policies on any of said build- ~ ings, any interest therein or part thereof, in the a~~re~ate sum atoresaid or in excess thereof, shall contain Lhe ~ usual standard mort~agee clause makinR lhe l~~~s ur.d~r sald policie9, each and every, payable to said biortga- ~ gee as his interest may appear, and each ar.d e~~e:~~ su~~h ~x~licy ahall be prompUy deli~•ered to and held by said ~ I?lortgaRee; and, not less than ten days in nd~•an~e of the expiration of each policy, to deliver to said MortgaRee ~ a rene~val thernof, tof~ether with a receipt f~r thP prPmium ~f anrh r~newel: and there shall be no such insur- r: ance placed on an} o[ said buildinRs, any interest therein nr part thereot, unless in the form and with the lose ti payable as aforesaid; and in the e~Pnt any sum of •money becomes payable under such policy or policies said Mort~a~ee shall ha~•e the option to recei~•e and apply the same on account ot the indebtednes~ secured hereby or ~ ~ to iwrmit said MortRa~or to receive and ~~se it or any ps?rt thereof for other purpo9es without thereby waiv3ng ~ ~ _ or impairing any equity, lien or ri~ht under or by ~irtue of this mortgage; and in the event said Mortgagor shall ~ for any res?son fAil io keep the sai~1 pr?mis~s so inQur~d, or fail to delfver promptly any ot said policies of ~ insurance t~ said rinrtgaRee, or fail promptly to pay [ully any premium therefor, or in any respect tail to per- form, diacharRe, exccuie, effect, comptete, compfy w-ith and abide by thia covenant, or any part hereof, said Mortg- ageP may place and pa~ for si~ch in4urance or any part thereof without waiving or affecting any option, liPn, equity or right under or by ~•irtue of this mortRage, an~ the full aq~ount of each and every auch payment shall : be immediately due and payable nnd shall bear intPrest from the date thereot unti) paid at the rate of ten per z centum per annum and together with such fnterest ~hall be aecured by the lien of thla mortgaRe. 4. To permlt, commit or sufter no uaste, Impairment or detertoraUon of ssid pmperty or any part thereoi. 6. To pay ell and sin~ular the costs, charge~ and expenses, lncluding reasonable lawyer'e tee~ and coet ot = abstracta ot title, incurred or paid at any ttme by safd Martgagee because and/or tn the event ot the fsllure ~;Y on the part ot the said MortgaRor to duly, promptly and tully perform, dlscharge, e~[ecute, effect. complete, ~ comply w~ith and nbide by each and every the stfpulatlona, agreementa, condiUon~ and covenanta of said promis- ~ - sory note, and thi~ mort~age, any or either, and said costs, charges and expec~es, each and every, ahsll be im- t mediately due and payable, whether or not there be notice, demund, attempt to collec: or ault pending: and the 4 - fWl amount ot each and every ~uch payTrsent ahsll bear interest trom the dats thereot unW pald at the rate oi a ten per centum per annum; and all said coete, charge~ snd eupense~ so lncurnd or pald, together wlth such !n- - ~ tereat, shall be secured by the Ifen of Ws mortgage. 3 _ 2 i ~ ~ ~p ~1~9 _ ~ Y3 3.~ ` y, ' - _ _ _ ' _ ':rM,rn. _ . . . , . . . . . . _ ~