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HomeMy WebLinkAbout2088 t ? S?~i~iS.~.L4~.~.4~sS.L•.•.•.~••s?.•.•••.'.4•,•,•.•,•,•~•,•.•,•~•~•,•,•,•,•,•,•,•~•,•,•,•~•,•,•,•~y~•,•.~.•.•••.•. :'i ~~i~i~i~i~i~i~i~i~i ~ ; ' ~ S 15~000:_00--------------- JulY _ ~G 'j' ~9 7. 3 ~ ; FOR VALUE RECEIVED ndeniyned, oinNy aed sevenlly, PROMISE TO PAY to th~ orde~ of _ 4 : , 1EN: E~i__ --A-- ida_.BankinQ.- ~or~ra~ion--------- - - - - R ~ • • DOLLARS, k ~ ~~a__~Q ^ - ~~~-~a-~-a.Ra-~-ta-L~-t-a-~-a_~a_~_L-4R • ~-i.~.l.f-l.e-a_t 1_~-l.f.~-f-t.l.f !_~..l.! • r at -p~---C-•---~Q ---~5---~~~~__ ~-e~~ ~Or~(~$ _sS457 J~- o~ wch other place as the holde~ henof mar d~si at~ ih w~itiny top~ther with interost from ------,T_ - Ip- l~?~------------- - - - ~ ~ ~ at the rste of p~ c~ntum per annum on the unpaid balsnce unfil maturiW. The ssid p~incip~l a~d interest shall be due snd payabla as o ows: $182. 00 a manth, the firs ent being due one month from dat~-, --and ~ ; continue for each month er er until p~.id. This sum of $182.00 paid ; each month shall; first cr ted to and the remainder to the ~ ~ principal of this obligat is n e m be repaid at a~q time with- - ~ , Li out penalty If d~fa~h b~ m+d~ fe~ ~5 . d~rs in tM pay~l of anr is~tatiwwnt ei p' ipsl or ieNr~st o~ snr p ~M~~e tM wlwb sum th~n niwaiein9 unpsid wi16 inNnN shaU ~t holde~s eptaw b~coww dw s~d psyabb wi~hovf wotic~. fai n b~a~rcis~ svcl~ eptiew hal net consfituN e waiver ef tM ~ ~.igl~t ro~:KCis~ NN s+aw i~ NN ~v~w1 of svb~qwwt d~fauh. Afbr mawritr botA p~ cipal ~nd accrwd inMnst sba u inhr~st at a p~r c~nw~n ~ ~ p~r aeeuw w~til p~id. TM s+ak~n and ~nden~n ef this nob f~rrlu? wsiv~ d~mand, neHc~ of nos~paynMnt and p ~sf. K this nob is net paid +t ~ mawrity +ed tM s~w~ is plae~d wilb ae sNe?a~r for eolbctiea, tM wuk~rs and ~ndon~rs h~nof ~o... ro wr sll e ts of eelbceiow, inclvdin~ all eourt ~ ~ costs ~nd n~sow~bb ~tls+w~y h~s• ~ ~ ` ~ . ? ~S~L~ ~ ~ ~~t,~ - . a--- - --t ; 11~ Z11i~ ~i ~ ~ ~ • ~ ~S~L~ - - - _ _ Anesr. --D a --a. ; - cs~?~, , - - - - - - - - . ifs~i~i~1~T~lflJ~lfJfl~l~~f~~lti~N~ ~1~1~~~~~~~~?~ifi~~~i~i~ifl~i~?~~~I~1 i~if~~i~i~i~~~~~1~?~~I~1f1~i~1~~~1~i~i~If~~I~I~~I~I~~~~i~?~I~I~I~~f~~~~~~~~~~~~~~~~~~~~~~~f~,~,~,~,~,~'~+~,1''•~ ~ and shal! duly. prompUy and fully perform, diacharge. execute, et[ect, complete. comply with and abide by each and every the stipulations, agreements, conditions and covenants of said promissory note and oi thia mortgage, then thia mortgage and the estate hereby created shall cease and be nuA ana vold It is understood that each of the veor~, "aote; '"mortgagoY' snd "mortgagea" respectlvely and the pron- ~ ouns referring thereto. whether in the singular or plural anywhere 1n this mortgage, ahall be singular it one only ~ and shall be plural ~ointly and severally, if more than one, and shall be ma.gculine, teminine and/or neuter. wher- ever the context so impliea or admits. And sa[d Mortgagor tor himselt and his heira, legal representatlves, succe.9sors and esslgtis. hereby rnven- anL9 ana sgrees to and with eaid Mortgagee, his legal representa4vea, successors and as9igns: 1. To pay all and singular the principai and intereat and the various and aundry suma of money payable by viriue of said promiswry note, and this mortgage. each and every. promptly on the days respecUvely the same severally become due. ~ 2. To pay all and singulsr the taxes, assessments. levie,. liabilities, obllgations and lncumbrances of everq ; i nature and kind now on said described property, snd/or that hereafter may be imposed, euffered. placed, levied ; E or assesaed thereupon, and/or that hereafter may be levied or~a9sessed upon this mortgage and/or the indebted- f ; ness secured hereby. each and every, when due and payable eccording to law, be[ore they become delinquen~ _ ~ E and betore any interest attaches or any penalty i9 incurred; and in so far ss any thereof is.o[ aecord the same F shall be prompUy satisfied and discharged of record and the original of[icial document (such as, lor instance, ~ :he tax receipt or the satisfaction paper officially emtoraed or certifiedl shall be placed in the hands of said Mortgagee within ten days next after payment; and in the event that any thereof is not so paid, satisfied and ~ discharged, said 1ltortgagee. may at any time pay the same or any part Lhereof vvithout waiving or aftecting any option, lien, equity or right under or by virtue of this mortgage, and the full amount of each and every such payment shall be immediately due and payable and shall bear interest from the date theteof until paid ~ at the rate of ten per centum per annum and together with such interest shall be secured by the lien of thie ; mortgage. ~ ~ S. To place and continuously keep on the buildin~a now or hereafter ffituate on said land fire and windstorm ~ . ~ ~ insurance in the u.4ua1 standard policy form, in a sam not less than = ...~~•LlA~------••--•--. 1n auch com- pany or comp^n:es as may be approved by sai~l Mort~a~ce: and all such insurance policies on any o! said build- ~ inga any interest therein or part ihereof, in the aR~regate aum aforesaid or in excess thereot, shall contain the F usual standard mortRagee clause making the lo.4s ur.der said policies, each and every, payable to said 1ltortga- gee as his interesi may appear, anA each and e~•ery su~•h policy shall be promptly delivered to and held by said ~ Mortgagee; and, not less than ten days in ad~•anoe of the expiration ol each policy, to deliver to s~tid Mortgagee a rene~va! thereof, toRether v~ith a receipt f~r the premiiim of ai~rh renewal• and there shall be no such insur- ance placed on any of said buildinRs, any interest therein or part thereof, unle_4s in the form and with the loss ~ payable as aforesaid; and in the Y~•ent any sum of money becomes payable under such policy or policies said ~ Mortgagee shall ha~e the optiun to receive and apply the same on accovnt of the lndebtednes~ secured hereby or z ~ to ~ermit said 93ortgagor to receive and use It or any part thereot for other purpo~es without thereby waiWng ` ; or impairing an} equity, llen or riRht under or by virtue of this mortgage: and in the event said Mortgagor shall ~ for any reason [ail to keep the said premises so insumd, or fail to dellver prompqy any of said policies o! insurance to said rtortgaRee, or tail promptly to pay tully any premium therefor, or in any rwpect fail to per• ~ ~ fotm, dischar~e, execute, effect, complete, comply w~th and abide by this covenant, or any part hereof, said ]ltorig- ~ agee may place and pay for such insurance or any part thereof without waiving or atfecting any option, lien, equity or right under or by virtue of thia mortgage, and the full amount of each and every euch payment shaU ~ ~ be immedialely due and payable and ahall bear intPrest irom the date thereof unttl paid at the rate of ten per ~ centum per annum ar?d together with such interest sFrall be-eecured by the lien oi this mortga~;e. ~ ~ 4. To pern?lt, commit or autfer no v~a~te, impairment or deterioraUon of satd property or any part thereot. ~ 6. To pay ell and aingular the co~ts, charge~ and expenses, including reasonable lawyer'e feea and coet ot abstracts of title, lncurred or paid at any time by said Mortgagee because and/or tn the event ot the taflure ~ on the part ot the said MortgaRor to duly, promptly and hilly periorm, dlacharge, e:ecute, effect. complete, ~i comply with and abide by each and every the atipulationa, agreements, conditlon~ and oovenante of said promin- ~ sory note. and thi~ mort~e. any or either, and said costs. charges and eapenses, each and every. ahall be !m- mediately due and payabie, whether or not there be notice, demand, attempt to collect or ault pending- and the ~ full amount ot each and every such payment ahall bear interest trom the date thereoi unttl pald at the rate of g ten per centum per annum: and all eald coeta, charges snd e~[penses so lncurred os paid. together with euch in- ~ terest, ehsll De secured by the llea of thfa mortgage. ~ ~ ~ ~ ~ ~ 360 ~acc 913 ~ ~ ~ . , . _ : . _ ~