HomeMy WebLinkAbout1681 In the eveat, however, that subsequent to aay default and the ezercise by the Lender of a~r of his ~
rights, powers aad privileges under the terau of this insttument, the Borrower shall reinstate the loan oom-
pletely in gpod standing, having complied with all the terans~ covenaats and oonditious of said note and
security instrument, then the Lender within one month after demand in writing, shall redeliver possession
of the premises to the Borrower if then possessed by the Lender under the option herein contsined, and
shall exercise no further tight, power and privilege under this iastrumeat, unless and until another default
occurs.
This instrument shall not be revoked without the oonsent of the Lender in writing, and shall remain
in full force and eHect as long as the aforesaid loan fmm the Lender to the Borrower remains uapaid in
whole or in part. A full and complete release of the aforesaid security instrumeat shall operate as a full
and complete release of the Lender
s rights hereunder, and after said security instrument has beea fuUy
released this instrument shall become void and of no further effect.
Whenever "Borrower" or "Lender" occurs in this iustnuuent, or is refemed to, the same shall be con-
strued as singular or plural, masculine, feminine or neuter as the case may be, and shall include the heirs,
exec~~tors, administrators, successors or assigns of either as though originaAy herein written.
Borrower specifically includes pursuant to the terms of this .
instrument, but not by way of limitation, that certain lease under
date of November 21, 1968 between Nelson Properties, Inc. and W. T.
Grant Company, which lease has heretofore been assigned to Borrower.
IN Wl'T~tESS WHEREOF, the Borrower has hereunto set his hand and seal, or caused this instru-
ment to be ea~ecuted by its authorized officers and its corporate seal to be hereto affired as of the day and
ye:u first above wtitten.
t'~~L~
~~,7 , L ~ .r> >~T E ~
EQUITY ASSOCIATSS,/a Tennessee
witness: Limited Partnersh4p
(C~~ ~ gy
James S. F. Boyd, General Partner
r
Witness: By ~
1 " - ~ -
W. G. 8ze1 , General Partner
;
~ STATE OF TBNNESSTS )
~ COUNTY QF DAVIDSQN j
~
~
t I I~RSBY CERTIFY that on this day, before me, an officer duly
authorized in the State aforesaid and in the County aforesaid, to take
~ acknowledgments, personally appeared James S. F. Boyd and W. G. Ezell,
ti to me known to be the persons described in and who executed the fore-
~ going instrument and acknowledged before me that they executed the same.
~
~ ~TN$SS my hand and official seal in the County and State last
~ ~ioY~aid this 1 n~4~ day of MAf~~i~ , 197 2. ~
~ - f_:.y`,:?,•,,~ 4
~ - s~' ` ~
~ !
= , j :
_
A
_
~ .ia~J'',t
, ,
= f~~Ep ANC P.ECOAOED `
u
- i~.~UC1E i,OUNt`I ~l~- ~
ROGEr ?O,~R?S ~ ti ~
C~EaR ~~F;;U~; GOURt C
^ Y~~i~'ICU.++~~ ;
~ RECOA. ' ~
~,~t 9o~aH ~z
~
~ 22~~i o R
~
.
- - _ _ -
. ~
. _ _ _ f
~ - - -
~ . _ - : i~, z