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HomeMy WebLinkAbout2388 il ~ ; ~o ~ue and to ~iold t~~e samr. lugrf{ic~r u~ifti ftie feneme~~fs, I~ereditainpnJs anc~ appu~lp ~ nances l~~Prpfo ~i~longing, anc~ f~~ ?rn(s, issues ai~~ pro~ils fherea~, rinfo the morfgagee, in fee si~pjs, ~ tlep morlgagor ~oe~enonis u~ith 1{~P morfgagPe ~ho< <he mortgago~ is indeJeasibly seixed of snid ~and in J~r simple: ehai ihe morfgago? has good rigl~t and lnwju~ aul{~ority lo convey said ~and at a~on+- sai~{: Ihot !tie mort~agor wi~~ mnke such (urttier assurnncPS to per(ect Ihe Jee simple Ittle ro aaid land in Ihe ~j mo~f{~ayee as moy reasonah~y ~e requirec~; 1{~a1 Ihe morlgago? hereby Ju~~y wn?rnnts Itie fif~e fo said land I and u~ill de~end !he same against the InwJul rlaims o/ all penons whomsoever and that snid [and ia /ree and c[Pa. o( all encumbrnnces excepting taxes for the year 1972; but, subject to the aforesaid terms, covenants, agreements, obliqations and provisions of said Declaration of Condominium which Mortqagor in all things does covenant to Mortqagee faithfully to observe and perform; ~ ~ 1 ~ . ~ ~~V~~ ~Liw~s~ that i~ said mortgagor fI~aII pay unto said morfgaeee fhe certatn pmmis- i sory note hereinalfer su6stantialjy copie~ or identi~ier~, fo-mit: I ~ . • . - _ East Chicago~ indiana ` 5 9 5 0. 0 0 ~~cRa,x~'d, J anuary 8th . 1973 ,~~1,~ ~ ~ ` For value received, 1, we, or either of ds jointiy and severaity promise to pay in lawful money of the United States of ~ America to the orde~ of FIRST NAi'IONAI BANK AND TRUST COMPANY O~ STUART at its office in this ury the principe~ ; ~ sumof FIVE__THOUSAND__NINE,.HUNDRED__FIFTY AND NOf100.----_----_--~--.-.-----_--Dollars ~ - ~ together with ~nterest from dat~ ~t th~ r~t~ of 8 per untum p~r annum on th~ w+p+id balanu w+til paid, said pr+ncipal and int~rsit to b~ p+yabl~ a ~ ' ONE HUNDRED.-- TWENTY _ AND 6 6~10.0 ~:12 0.~ 6 C:-------.) i~~d~np int~r~st, on th~ ` follow:- In monthly installrmnq of - ~ i9--- . . day of ~acl? monrh b~g~nninp on tM d~y of R--------•-•-------------- - _ ti ~ ; and continuinp on ths . _ day of each ~nd wery month tlxreaft~r vntil the _ . . . dsy ot . _ . . ` 19 , on which s~~d date the entire batanc~ of principal and interest then unpaid shall become due sr+d pay~ble. Each paym~nt is to ix applied ~ ~ f~rst to inre~esr and the balance to pr~~cipal. In uu said instsllments, w any oF them, are not psid with~n 15 days after ths s~me btcane dve, t!y who ~ of said pr~nc~pal and interest sum sh~ll fwthwith become d~e ~nd payabb ~t the opYwn of ~ha hotder of fhis not~. ~ ~ ~ We, tne makers, su~eties, endorsers and gu~rsnton of ~h~s note, hereby severally wa~ve p~esentment fp payment, ~?otice of non~p~yme~t, protest ~od ~ ~ nor~ce of pro+es+, and di~igence of brinyiny suit ~y~insf ~ny puty th~nto, and consenr ~hat time of p+ymenr may be exrended w~thout notice thereo to ~ ~ any of the surot3e~ of this oo~~- ? ~ t Now, should it be necesssry to collen ~his note through sn attorney, e~ch of vs, whether m~ker, s~rHy w endus~r on this not~, here y~grN to p~y ~ ~It costs of said cotiection, includir+p • re~wnabk +ttwney's fe~. s ' ~ ~ Said banl is hereby expressly suthori:~d ~o retai~ ~ny pentr~l p specul depos~t, coll~teral, real w personsl security, or the proceeds the~eof, belonQ- ~ ~ ing to either ot us, now or hereahsr in ths posussion of if during ths time this ~otc rem~ins u~psid, a+d before or after m~turity hereof may ~pp~y tM ~ tame to th+s a ~ny otMr d~bt w Ii~bif~tiN of ~i~her of us w said b~nk, dw or ro beco+n~ dw. G~wn u~de~ ~he Mnd ~nd wd of ~ach party. i 1 1 1 1 ~ P.O ' al) ~ Nan y A. rek ? ~ ~ (Seal) ~ No. Due ~ Fo.~ ~oo ~ :~~M..+wr, BooK 21Q ~ 2~385 _ ~ . e ~ . _ t