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HomeMy WebLinkAbout2688 . ~ S?S?S?~i''.~i~.4ti~i~r~.•.~i•.~i~i~.~•~.•~L•.+.~.~.~i~.~.•r~r•.~.•.~.••~.~.•.~.~i~i'.•.~i'.•i•.•.'rL•~~.~.~••~~•~i•.'i .L~r•~'.'.S?~.S'~ ~ y __,July_ -27,-- - 19 .73._ k s --~i.~~i FOR VALUE RECEIVED th~ u~d~rsipe~d ointl and sev~~ally, PROMISE TO PAY to th~ o~d~~ of_ ~ J08N lt _ H~VSRIiXi_1'IE~~s------ - - _ - - - _ . . _ _ M , ~«.~w~w~~w~~~«.~NM• toei~c 1'~owid /w~N ~e+~ - - - - DOILARS, ~ - - ~ at __Nls ~ Y~IM~~ ~_OOl'~.a~~__~~~~.~~--- -------------------------._.or such othf~ placs as th~ hold~~ heno~f mar dai~~st~ in writin~ too~th~r with in~ers~t from _-------Ju~lf-27,._19?$- ~ of psr c~ntum pK annwn on th~ unpaid balance until m~turity. Th~ said principal and interett shall bs du~ and psyabl~ as follows: I~ '1'~~+N p) ~~a11a~'L1t1~Mir ot `16. i~. 00 N~Oi• LN~wt M~?ll M ~~wa1~. ~'i:+rt iu~st p~,poat ~w oa~ ~nar i~e+oat ds~ A~ .3w~y ~ 1~!!. ~~ot~ m~,~ b~ pe+~ald irt w~oii tta~ sa~ Lt smoiut~ a~ ~a1o~s d~sft+M ~rl~btt pw~. ~ K d~hrh b~ fK _10 days i~ flw parwrat of awr iwshN~f eF priwcipa) er inl~e~st o~ ~wr pae~ IMe~ef. ~M whol~ s~m Nww nnuiniws unp~id wiN~ iw1K+s~ ~h+d d Aold~s oPKoa Mcew~ dw Md paysbl~ withovl uotin. Failv~ fe ~x~rcis~ svcl~ epKow shap ~ef cowstitvh a waiv~r ef tM ~ riykt M~s~rcis~ 11» sa~ i~ tM ~r~wt oi s~ba~qwwt d~fs~h. AitN rwafwiryt beM~ p~iacip~l and sccrwd 'aNnst tha4 b~ai iwt~nsl N p~r c~etww p~r aiuvw Yw1i1 paid. i1N ~k~rs awd ~uden~n of fl~is woh ArrtMr ~iv~ d~mand. uetic~ of non~para~at ssd pwNst. If' fhis wo1~ b ~ot psid ~1 ; nuwM~r ~sd 1i~ ~aw~ {t Pl~c~d wi16 ~n aMonNr fer cell~d' awd ~nden~n Mnef agrN to p~r sH cesb of colkctaw, includin~ a!! te~~t ~ costs and naww~bb sMOnNr h~s. ~ ~ ~ ~ ~ ? ~ ~s~t~ 1 - L---~------ - - • f~i~ ~ ~ Attest: - - - - - ---(SEAL) ~ --~iialjOS~ J~. - lar~ia~ ~ ' - - - (SEAL) ti : . - . . ,1 f1 J~1 ' ! ~ I J ~~~T~~~ f~~I ~~1~ ?~1 fl ~~I f 1~I ~1 ~ I ~1 ~I fI ~l ~~~i ~1 ~r~t fi~ I ~f~ ~ f I ~ ? +1+? ~ i ~ F? ~ ? ~?+I ~ I ~ f 1 ~ ~ ~ ~ I f I ~ ) ~ I ~ i ~ I ~ i ~ ~ 1 ~ i ~ 1 ~ i ~ 1 , i ~ i ~1 ~ i , 1•I ~1•? ~1 f I f i f 1•1 f i fI f 1 ~J f I ~ - and ahal! duly. prompUy and flilly perlorm, diecharge, exccute, eftect, completP, comply w~th and abide by each and every the stipulaUon~, agreements. condition~ and covenants of said promissory note and oi this mortgage. then thia mortgage and the estate hereDy created shall cesse and De null and void. It is underatood that each ot the wonls, "aote." "mortgagoY' ared "mortgagee" reapectively and the pron- ouns reterring thereto. whether in the singular or plural anywhere in thls mortgage. ahall be singular ft one only and shall be plUral joinUy and severally, if more ihan one, and ahall be masculine, feminfne ared/or neuter. wher- ever the context so implies or admlt9. And aaid Mortgagor tor himself and his heirs, legal tepresentatives, auccessore and assigns, hereDy coven- anta ana egrees to and with said biortgagee~ his legal representatives~ successors and assigns: l. To pay all and singular the principal and interest and the verious and ~undry auma of money psyable by virtue oi sald promissorjr note. and this mortgage. each and every. pmmpUy ott the days respectively the same aeverally become due. 2, To pay all and singular the ts~xea, ~sessments, leviea, liaDilities, obtlgations and incumbrances of every nature and kind now on said described property, and/or that hereafter may be imposed, autfered, placed, tevied or assessed thereupon~ and/or that hereafter may be levied or assessed upon this mortgage and/or the indebted- aess secured hereby. each and every, when due and payable according to law, before they become delinquent~ and before any interest attaches or any penrslty is incurred; and in so tar as any thereof is of record the same shall be_ prompUy satisfied and discharged ot record and the original official document (such as, for instance. the tax receipt or the satisfaction paper officially endorsed 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 Mortgagee may at any time pay the same or any part thereot without wai~~ing or affecting any optibn, Ifen, equity or right under or by ~•irtue ot this mortgage, and the full amount o! each and every such payment shall be immediately due and payable and shal! bear interest from the date thereo! until paid at the rate of ten per centurn per annum and together wilh such interest shatl be secared by the l±en of this mortgage. 3. To place and continuously keep on the buildinRa now or hereafter aituate on 9aid land Sre and windstorm I ineurance in the usuat standard poticy [orm. in a sum not less than i••---------------•--•-.•--•---~---._._...._...._.._......_, in auch com- ! pany or comp^nies as may be approved by said Mortga~ce; and t?11 such insurance policies on any of esid build- inga any intere9t therein or part thereof, in the a~firegate sum atoresaid or in excess thereof, shall contain fhe t usual standard mortRagee clause makinR the locs ar.d~r said policies, each and every, payable to said Mortga- ~ gee as his interest may appear, and each ar.d e~•ery su~•h policy shall be promptly delivered to and held by said ~ I?iortgagee; and, not less than ten days in advance of the expiratian o[ each policy, to del}ver to snid Mortgagee E a renewal thernof, to~ether with a receipt for the premium of su~h renewal: and there shall be no such insur- ance placed on any of sald buildinRs, any interest therein or part thereof, unless in the form and with the lose ' payabte as aforesaid: and in the erent any sum of money becomea payable under such policy or policiea said ~ MortRagee shall have the optinn to recei~e and apply the same on account ot the indebtednes~ secured hereby or ~ to permit said Mortgagor to receive and uRe it or any part thereof tor other purpose9 without thereby waiving ~ or impairing any equity, lien or riRht under or by virtue oi this mortgage; and in the event said Mortgagor ahall ~ for any reaso~ fail to keep the said premises so inQUrnd, or fail to delfver pmmptly any of said policies ot insurance to sald M~rtga~ee, or fail prompUy to pay fully any premium therefor, or in any respect fail to per- form, discharge, execute, etfect, complete, comply w-ith and abide by thia covenant, or any part hereot, said Mortg- agee may place and pay for such insurance or any part thereof without wafving or sffecting any option, lien. equity or right under or by virtue ot this mortgage, and the fup amount of each and every auch payment shall ; be immediately due and payable and ahall bear intPrest from the date thereof until paid at the rate ot ten per centum per annum +end iogether w3ih such interest shall be eecured by the lien of thfs mortgage. To perrNt, commit or sutfer no Kaste, impairment or deterloration ot eatd property or any part thereof. ~ ~ 6. To pay all and aingular the costs, chargea and expenses, including resaonsble lawye~e fee~ and cost of F abatracte of title, incun~e~ or paid at any tfine by said Mortgagee becauae and/or tn the event ot the tallure ~ on the part o[ the said Mortgagor to duly, promptty and htlly pertorm, dlacharge, euecute, effeci, complete, ; complq wlth and abide by each and every the stipulatione, agreements, conditlona and covenanta of aaid promis- ; sory note. end thia mortgage, any or either, and eaid costs. chargea and expensea, each and every, ahall be im- mediately due and peyable. whether or noL there be notice, demand, sttempt to collect or aufi pending; and the ~ full amount ot each snd every auch payment shall bear interest trom the date thereof untll pald at the rate of ? ten per centum per annum: and all aatd corta~ chargea sad e~cpenaea ao incurnd or tereat, ehW be secured by the liec of thla mortgage. P~a. ~S~~er wlth such in- s ; s~~ zis f~~~ zs~ ~ 4 ~ ~ ~ _ _ _ _ . ~ ~ , ; ' ~ ~ ~ 33~.~" i~.__....-~ri _ ~ ~3 . . ' .~Y^w. s.t~`,.w~.,ia:~