HomeMy WebLinkAbout2480 ( W~~~ fhe same, fogether wif~ fhe fenan«nts, ke?tdtfa?nenfs nnc~ appurts-
nances thereto be~nging, anc~ t1~e ?rnts. issues and pro~if~ Itieteo~. unto tft~ mprfga~N, in (ee aimp~e. .
~ tl?e mortgngor covenanls with ~he morlgagee that the morlgagor u lJl~1/.os~b~y seis~d o/ sal~ ~
Iund i~i ~ee simp~e: t~at the mortgagor has good ?igtit and ~aw~u~ authortly to rnrure~r said ~and n~ pjor!-
snid ; tl~at t1~e mortgagor will make such jurther assurnnces to per/ect th~ /ee simpb title to said Iand tn th~
mort9a9ee as n~ay roaaona6ly 6e raqui?~ed; thnt the mongagor h~reby ju!!y wan+nnb tl~e tttle to tutd Innd
and wil! dejend t1~e rame aga~nst the lawJul clatms oJ all penons wkomsoevK: nnd tkat said Innd is j?t~
and clea? oj a~I ,M~cum6rances
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~L~{I ~1lW~s~ that i~ saic~ mortgagor skal~ pny unto snid mottgaAs~ fhe cerfain pront4-
sory note herefna~ter su6slantinlly copied or identified, fo-u~it:
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S.. 20.~ 000.00-- FC• P~A7CQ! Rwida NQY~il1i...2~._. 19 ~1 . :
FOR VAUIE RECEIVED tM w+dersi9ned promises to pay to ~he wder ot _
DORZ8 M. APPSRSON
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j ~he pr~r~crosl sum o1.. ~erity ThOUBa=1d ai1t1 NO/100 -------------------------------ool?a~s {S 20~000~00
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` lo~arher wifh iMrest fhereon fran dafe, a1 the rate of .................P~ cent. Pe? _ ....until maturiy. sa;d mterest
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~Y~ ........Y~lY . . .a, . 24th . aar or Novet$)at.. _ _ _ . and _ Y~A~Iy .
each year; both principal sr.d interest bei~g payabk in law(ul money of Mse United Statez or ~ts equivaient, at p•~• ~x 6~
~L'all~@ F~IC ~ F~.OY~~d ........said pnncipal wm to be pavable on the dates and in the arnounls speuf~ed below, to-wit:
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~ayabl~ in tour (4) equai annual pay~aents ot ~5,000.00 eaah, plu,a intearest
at 6~ on unpaid ba~lanc+s.
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Each make? and endorser severally wsives demsnd. prdest and ~olice o( maturifY, non-paYmsnt or polssf and aU requirements necessarr Io hold each o(
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~ E them liable as makers and endorsers.
Each maker and endwser (uriher agrees, jointly and severaNy, to pay all cosls ot colleclion, including a reasonabb atforney's fee in wse the pri~cipal o(
Ihis note a anY Parmenl w+ fhs pinci~al or any interesl thereon is not pa~d at Ihe respecliw maturdy therepf, w in case il becomes necessary to protect Ihe
~ c secwity hereof, whelhd suit be boughf ot nol.
~ (his note and defer~ed inler~ymen~s shalt bear inierest ar tMe rate o(.......•• 6-••••-...._...psr cent, pe~ annum kom teWturity unfil paid. ~
This note is secured bY a....-- .-.-•.........._mortyage of even date herew~th and is 1o be construed and enforced according Io the laws of Ihe Slate o( Ro~~da:
~ upon default in Ihe paymenl of principal sndlw i~te?es1 due on any note secvred by said Mw~gage, all noles so secwed and remaini~?g unpaid shall forthw~~h
become due and payabk nofwifFWandirg fheir fenw. t
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