HomeMy WebLinkAbout0961 i
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~o iiAVi ~ W t~~ sauno, logelfe~r ~ulth Jhs 1~nanunl~. h~itaw~enta and appufe-
nances fhereto jielonging, and fl~e ron~a, tuues and pruflft thenwf. u~io I~u mortsagM, in ~N ~i~np~. ~ -
~ the rnorl$agor cownanb with tke mortgngee tkot th~ mortgogor ts ind~j.w~6ly aetsed o~ said •
land tn fee slmple: that the mortgagor has g~ood ~Ight and lnwjul autl~orltp to eonvep satd land aa a(o~e- ~
said: that tl~e mortgagor will malct auch jurthe~ assuronc~e~ to perfect th~ /~e atmpb Ntle to ~atd [and in t1u
mo~tga9ee as rnay reasonably b~ required: that tl~e rnortgogw k~neby juUy u~arranta the tit[e to satd Ia~d
and wtl! dejend the same agnt?ut t1?e lau~/ul clnlms o~ aII perso?u whomsoe~er; and fl~at satd land ts /ne
and clear oJ all encumbrances
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~VIY~IL ~~s~ fhat i~ said mortgago~ s~uU pay unto said mortgugee tke certnin promis-
sory nofe hereina~ter substarattauj? copi~ or t~nH~. to-wit:
~ MORT6AQ?E NOTE
4400.00 ~G,~,.1stit.t~ ,k~x- s
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F.OR VALUB RECEIVED, We joindy and severally if morn tl~an one) promise
to pay to the order of
KNOXYILLE 7VA EMPLOYEES CREDIT UNION, A Corporation incorporated under the laws
of the State of Tennessee, under the Tennessee Credit Union Code
at Knoxville, Tennessee
the principalsum of FOUR THOUSAND, FOUR HUNDRED AND NO/100----------------------------
DOLLARS, together with interest thereon from Apri 1 ~3 , 1973 _ , at -the
rate of 9• 0 per cent per annum undl maturity.
Payable as follows: Due 5 years fro m the date ~ of thi s i nstrument, payabl e i n
montizly installments of $91.33 each, including interest ( at the legal rate)
and all other charges for the loan, at the total rate of .75~percent per month
on the unpaid balance, the first pa~yment to begin May i3, i973, together with
costs and attorney's fees as provided in said not.~.
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' The makers and endoraers af thia note further agree to waive demand and notice of
' non-payment and protest; and in case suit shall be brought for the coUection hereof, or the
same has to be collected upon demand of an attorney, to pay reasonable attorney's fees for
making such collection; and agree that in the even* of default in ~he payment of any indebted-
ness due hereunder for a period of thirty days the whole of said indebtedness shaU thereupon,
at the option of the holder of this note, become immediately due and payable. I?efened
interest payments to bear interest from maturity at ten per cent per annum, payable semi-
~ annually. -
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' 9GOK P~L'E a~O .
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