HomeMy WebLinkAbout2471 ~IpUipPp aIIUAI~j~ t~uit if s~ti~ .~Kortga~'or aha.66 paJ t~nto t~te sau~c .ti[ortgagee
the certain pronaiaty riote, of whicl~ the followin$ in womds and ~'~icres i~ a trrce copy,
to tuit: .
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~ F~ May 31, ~ ~ 73
, :8, 41K1.
in anm~ul Pavrments as sneCified 'tter date~ I. vre or either ot us promise to pay to the order ot
ALLEN E_ GRAY & GRANCES E. GRAY, his wife
---EIGHT THOUSAND FOUR-HUNDRED & NO/100- „n~Rs
ra•„l~e ,,a~;.ea, p,n,we a~ E, O. Box 615, Richlands, Vir~inia 24641or as otherwise directed
in writin~ ` arith intered
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~m--date-----~t We rats at ~='per cent per annum unW paid; intereat payable Annually .
- i! B~iwK 4 maN Is w n~sw~mt ~h~s d~n. thea ~t tL~ optlco ot th~ boldtr. ~nd ~ftbort an7 otbee notla. W tb~ re~aafufn~ Salana
~Il M Aw Y~/ D~~LI~ ~t ooq. -
wnd e~ea ot rs ~AetLer a~ker. [wr~nbr or endor~er, henD7 se~er~lis ~U.es ~nd renawed ~w ~od all homestead e=emptloo rl[Ats ~e m~y
Ase~ rn6et-~he ConstlWtlon o~ 1~n ot tl~e Biate et Tbrid~, or aas otb~r B:ac~ or Onlted Sta:es. as a~dnat tAla ootr, and eKa fanDer ~~ltin dew~n0,
ootlee o[ soa-v~sa~mt ~nA ~ota6 ~ad lo e~ent 1t lecome~ oeeeaud to eoueet thu aot~ Nuou~h ~a auorn~s. ~srees te na~ ~ll cwu. o[ oolketan,
InetNtn~ ~woo~li~ ~ttoro~s'~ iM.
There shall be paid the principal sum of $2, 100. 00 on May 31, 1974 and a like principal
sum of ~2,100. 00 shall be paid on the same day of each succeeding year thereafter until
the whole principal amount has been paid in full. Interest computed upon the then unpaid
principal balance shall be paid annually at the same time as the principal payments. This
note may be prepaid, either in whole or an part, at any time without penalty. - -
. ANNE'TTE ENTERPRISES, INC.
g~,_ s/ Charles C. Lelly sFaL
President
SEAL
State Documeatary Stamps - S/ ROyCE R. Lewis SEAL
~ attached to original note and cancelled. ATTEST: v~r~,
~ sF:ar. .
~ and shall perform, complJ zvitii. and abide bJ eacla and everrJ tlie stiprcllacetions, a~ree-
i ments, conditions arid covena-nts of said pro~nisso~ J note and of this deed, tlten this
~ deed and the estate laereby created sluatl cease and be nccll ar~d uoid.
i
E 4~it~ tTie said JlTortgc~cgor jierebJ covenccnts and a~rees:
1. To pciy all and sin~u.lar tjie princip~ct and interest cand other szcros of moneJ
payable by virtcce of said promissonJ note a~r.d tlai~s deed, or eitlier, promptly on the
days respectiaely the sanae severaclly come dti,e.
2. To pcaJ alt and sin~rclar the ta,~es, assessnaents, levies, liabilities, obli~ations
cLnd encumbrances ~f everrJ natrc-re oii said desc~zbetl properthj each. and eUerrJ, and if
tlae same be ir.ot promptlJ pu.i,d tJte said Jllort~a~ee nuaJ at anJ ti»ie paJ the same .
zvitjiout waiuing or a.j~'ectin~s the optio~a to foreclose or at~tJ ri~ht herercnder, and every -
payment so made sliull Lear interest front tlre date t%i,ereof at tlie rate of ~ per
cent. per c~nnum.
S. To paJ alt aiid sin~iclar th,~ costs, cha~~es and erpenses, inclicding Ia.ivJer's
fees, rea.sonablr~ incurrctl or p~cid at a•nJ tim.e LJsa-id .Alo~~tga,~ee beca~cse of tlie fatlure
o~a the part of the snid ~11ort~a~or lo J/P)form, comJ~l~~ zvi.f/r. ct~ad reLi.de bJ each and
~ everJ tlr.e stipt~latioirs, co~aditio~rs un~l coz~c~~tan.t~ of sai~l pronaissori~ note and th-is deed,
or eit/r.er, and ever~J suc/r. pacJntent shall Lectr iiaterest from date u-t the rate of 8
~ per cent. per c~~anuna. -
!y. To keep the brcildi~r~s notc or liereafter o~a said kr~ad i~asrcre~l in cc sr~m not less
than None Required dolla~:., i.~a a• compuiry or com>>ani-es to be
app~•ove~ bJ suicl ~~Ivrt~sa~ce, a~i~l tli~~ ~,olic~~ or ~iolicic~s lrel~ bJ ~rn~ par~able to sa-id
~~lort~«~e~•, r~~r<I ii~ tlre eveirt «ni~ xc~~ii aJ' nton~~~~ beco»aeti paJable r~iicler st~c/r policJ or
pol.icie.s, t/i~ .~Iort~n~ec slrall h«i•~ t/~r ~~pfioir to ~•ecc~iz~P a~rd a~,>>Z~ th~ tiuntc oic cr.ccor~irt
of t/~c iizrleLl~~clu~xs lrer~L~/ ~ecrir~rl oi• to ~icr»t.it 1lie .~tl~~rt~a~ar tu receire antl tttie it, or
ani~ nccrt tlrcreof; for otlrer- ~~icrpoces, zvithoict th,~i•rhJ te~riviit~s o~• inr-pairin~s «iei~ e~Jtci,fJ
lieit or ri,~ltt te~tder or L~~ r.•ii•tiie of thi.s nta~~tg~~~?P, «ir~l maJ J~lac,e anc~ ~iai~ for sueh ~
irrsrcra.nce or aiii~ ~~ctrt thc~r•r.uf; teitliot~t ta~ti,Ltii~ ar u/jecfing the optiar. to joreclo.se or
unJ ri~lct hereuncler, an~l. ~•ach nnd erPrJ .s«ch. ~iaJmeirt shall Lca-r in.tei•esG fron~ ~~tte
act tlce rate of' ~~er cent. pr,~r a~a~arc»a. ~
590r ~.1 r~
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