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! i~ lN~V~ W ~i~~~ the same, together witti 1~?e lenements, ~ereditnmenf~ nnc~ appurfe-
~ I nances therelo 6elonging, anc~ fhe rents, issues uncl prof its t~e?eo(, u~fo fhe martgagee, in ~ee simple.
~ ~nd the mortgogor covenants with f1~e morlgagee t1~at the mortgagor ts ende%ase6ly seized o/ said
land in jee simp[e; that the mo?tgago~ l~as good right and lawJul QuJl~orify !o convey snid land as a~o~e-
saic~: tha! t~e mortgagor wfl~ rre~ke suc{~ ~urlher assurances !o per~ect t{~e ~ee simp~e til~e fo saic~ ~and in fhe
mortgagee as mey reasonablv 6e required; that the mortgago~ here6y Jully wcamnts the titlp to said land
and will deEend the snme agninst the law/uI claims o( nll persons who?nsoever; nnd that snid land is ~ree '
and clear oj all encum6rances f
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~ ~~UNKI~ T1~{V~s~ that if said mortgagor s~n~j pay unto saicl mortgagee the certnin promis-
sory note hereina~ter su6staR~~atly copied or identi~iec~, to-wit: ~'oR1ISS0~,~ noce oi even
; aa ~e liereiai ~n :nade b~ tne :trr';oa~or and payable ~o ~he or~er of ~he m. r;.~agee,
in :.he princinal ~tuc ~,i O;T~ HL1tdD~ SIXTX-TFLR~ THOL,SAATD FIFiY-FOUR AilD ~~~100 ~
~(~16: ,0~~. ~OLI~RS ~yanle as ~'o7loti~s: SIXTE~v T:~iOUSAND FIVr. f?UND.R~ SEVEtiTY-
' j?:LTfi~ A;~ ~~;~1~0 (:;1b,57;).33) 3.70LIATtS on April , 1`~?~, the su*n o~ SIX'I'~'..c~i TIi0TJ5A2tD ~
3 i::0 iiJ::DREil SEV"r.I+TY-FrV~ (~`~10,~75.00) ~OI,IY'~RS on Gc ~ccer , 1;7_ , and a like sum :
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; ~ :i:lu,~'T5.00 se~i-an:~ua3,ly :,nereai~er, uniil ;.he said su.~n ol ~ib3,o54.;? is '
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= hereb;;~ ~1.i1.~; paid, ~lus interes L a ~:,he ra :;,e siY ar_d ,,ne-quarter ~h percen
~ :,er ar.nu.m cn L'ne :ulpaid ~rin~ipal anoun~ p?gable se^i-annuau~, ;ogetner ~•rith :.he ~ ~
ef ;re~aid princ~p~l ?nstall.,.?^en':.s. !
P~T,~t1L rt~LE.4SE(S) OF :_ORT~G~s:~a71 be ~an',:ed ~+~r '_•~rt~~;ee aursuant ze ~he F
~ ~•3J.oi:i~~ '-~r~a , : '
1. ~ine i=;:;r~~a~~r, a ~ nis o~:n cos 4~nd esper_se, ~.:i11 cause a subdivision nap cf ~he ~
.ut~_ec~ prc~aer~;,•- oe p~•epsred, approved by and filed s•rith ~he appropriate goverr.-
r~ren ~ au ~horit;, , wi ;h a co~f ;,nereoi ';,o be ~iven to t~ior ~gr~~ee prior i,o Releases .
G_ ~ze '-,.o~al ntaai;;er of plo~s created b; such sub3ivisicn. no less ~han siY
percei.~ (o;;) shall. be relesse~ at at~~ ane ~i:ae.
5~:.er ~he ini~ial release oi plo~s in a uni~ of such s~abdivision, suosequen~
release~ a~e ~o be ~:iLhin ~he sa~e unit. IrT_ iess ~ha~ e r.?inzmtam or iive (5} plois
Uhall remain inreleasea in ar~; such unit.
L. T_'1-~~s -~ai~:~ ::c~ar~;;{ Roaci ~ron~a~e shaL be reZe4sed ~n ~v leas;, a:~ne-to-~i~ree
basis ~ra ~i~} ;,o ~on-ro~d i~on~~E;e gu~n~ities released, so ~ha ~ at r.o ~i~e shall
. ^~ore '~:~sn one-~hir1 oi ;,ne ~~1 area release% ~on`, unor. : icCart~~ Road.
ci~ ~r~zal Reie~se o~ :;er~~a~e ins;,ru*~en~ s?:ail be prepared b~ i•i~r~~;a~or ar_d
S~.?~. C}:CCit~eCl c~tl:~ TC~;irned pr~L'1~;.;~}' b;J ;:.:Y'tJ~VCl. UaOTl SSt1Sit3C:•l.~Y~ bj~ DaJr-Oix
o: no less ti:an ?=:7~ of ~he se~tare~. price per acre ~i vhe released parcel~s}.
I~10 P~~tTL'~L ?2EI~~'~..SFS SHA;,L BE GR~rED pRIOR TO JANUARY l~ 1973.
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