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HomeMy WebLinkAbout0058 1~~~• co,n~~. lu~~~~l~u~r ~vil~: I~~e Irnem~~~Us. ~~ere~~ilumrnts ~uu~ upp~ufi~ ~o ~laue and to ~old ~I nuu~rs tl~rr~~fu ~~~•luuyir~q. a+ul t~~e re•nl., issurs nn~~ projUs 1~u•rnu~. u?~to I~i~ morfga~ee. in ~~r simp~P. i I~ n~t T1~a~ I~ie rtlori~~a~~~?r roi~i~?~nnls wil~~ fj~~ mort4~agee f~~al the morlUadur is in~e%asi~~y seize~~ u~ saic~ I ~cuu~ in J~•~ sim~~~~~: I~~~t t~u~ mort~~~or has go«I rif~ht ana ~awju~ au1{~o~ily lo convey sai~ lnncl as ajo?r- , sui~~; t~~n! 1~~r morf{~a41or ~ri~l ma~e stic~~ jur1l~~~ assura~u•es to per~pct f~e ~ee simple tit~e to sai~~ ~anc~ i~t !he ' mort~~u~~~~~~ as mny r~asunu6ly be reyuirntl: Il~nt f/~e mortga~or he?eby ~ully u~arranfs the litip lo said land ' anti u~ill d~J~~nd tl~~ same nflains! tl~e ~aw~til clnims of Qu penons u~hORiJOPNPr; and fhat said ~and i~ free ' an~1 rG~~r u( a1l ~m•umbranr~s ~ i ~ + . t ~ ` , ( ~rouided ~,tways, t~~~! i~ saic~ murt~agnr shall pay unfo saic~ morfgagee fhp certain promis- ~ sory not~ ~~Freina~t~r sul~clantio~Iy ropi~~~ or ic~e~nti~i~c~. fo-u~it: ~ ~ i ~ ~ S 4S,80S.00 _ ~,ay ~ S , 1s~3 M , i : FOR VALUE RECEIVED, the undersigned, promise{s) to pay, in la~vful money oE the United States oE America, -o f N c to the order of STg~ CZPOLLi1 aAd GR~?CE CZpQLL~? hfs Mlt~ and WII.LIA~! N. ~ ~t . ~iSs w • + O ~ at.~g i-- i _ ~ the principal sum of FORTY-FZVE 1'H SADtI? EIGHT HUDIDRED FIVS AND ~~lO~pLI.ARS ~ 3 - ~ ,a ~ti~ith interest at the rate of__? ___per cent, per annum. , Z `o Q The said principal~i~ shall be payable 1n teA seRti-ant111~1 iAStel2tlte1lta O! ~ 54.~80.30 each, p2u6 seven p~r cent intere~t, ths tirat paymwnt to Z; co~unence JanuarY 2. 1974 and the balance payable aem~-atunually . th~reafter until fully geid. . DEFAULT: In caze s:ud installments, or any of them, sre nut paid ~~•ithi~30_____days after the same l;zcome ' duc, the a•hole of said principal sum shall forihwith become due and payable at the option of the holder of this Y~ note. Deferred interest payments to bear interest fmm maturity at ZS per cent, per annum, payable semi- ~ ^ annually. W~. YREPAY;IIENT: The maker shall have thc option of making payment in advance ip ul it s1 tlis Q; --Kt~~~~plqaa~~p~ - J f'a}Tnents shall be applied first to interest and balancc to principal, and interest shall be calculated on the balance ' W remait»ng from time to time unpaid. ~ m - ; ~ ~ow, shnuld it Frcom~ necFssary to collect this note throu ~ a~ec to iCh an attomey, eithrr of us, whether maker, security or endorsei on this note bereby ~ ~ paY all costs of mch collection, includin= a reasonable attorneys fre. The drawers and e~dorsers severally wtive presenOnrnt ~or pay- W v ment, protest aad ~wtice of protest for noa-paymeut of this note, and rnnscnt tbat time o[ p~yment msy be eitmded witLoat notice fLereof. ~ o Payea of e~?id note agrsos to look ~ ~ ~ to tht property vrhich ie security ' ~ for thia note and not to look to • . ; the Truste! personally, in the ; event of defaul~ under sa id note. (Seal) i ~ 'l. :z7 ~$Ea~~ 1 ~ t- - ~~a~~ (i J t i ~ - i r ~ gooK z~s ~ ~s ~ ~ ~ 4 - _ ~ ~ ~ x". -,.``,~~a , ,r _ ~ s: ~ _ ~ . _ ~ .=~.~s $~2,