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HomeMy WebLinkAbout2398 . ~ ~~i r ~iSi~iLS?~i~i~i~iSr~i!rL~i~i~r~i~i~i~i~i~r4~i~i~~~i~s~i~i'~~i~i~r~i'+~i~r~i~~~~~i~i'~~~~i4~i4~?'~~~~i'r~i~i~i~i~i :~i•~~i'~~i~i~i~i~iS?L~ • ? . ~Qyti~S. _T. ~T . 19T.~ - - ~ s ---~,-Ui?Q.-QQ-------------- - FOR VAWE RECEIVED, th~ und~nipn~d, iointly and ssvenlly, PROMISE TO PAY to th~ orde~ of_ .~i ~ -----MARVIN_ G~.---~I~K~R_-~nd--ZU~IL.LF_.I.--WIEKE~,,. his---iuife.--------------- . ------~ix_'ThQU: and__and_n~l144~~-~-~~~.~.~-~.~~.~'-~aa aJ-aa_~.a_~a.~-a.~_a,-a~.s_.~-~ a.~-i-~_1 ~ a~.t.~ a_~ i~ ~~.~DOLLARS~ ~ st __.~t1~~QS?~__~_Q~---------------------- - - - - -~---------------or such oth~r place is th~ hold~r h~nof mar d~si~n~t~ in writi~~ to~~th~~ with intenst from _--~~'ti-~-~----~~ ~-~~1------------ _ . _ . _ _ ~ at th~ nb of pK antum-ps~ annum on the unpaid balanc~ until matu~ity. Th~ ~id principal and Znier~st shall ti be due s~d payabls as follows: ~ ~ 121. E~ a month, the firs ls~ment beinq due one month from datp, and F cantinue for each month t ereafter until paid. This sum of ~121. E E paid Aach~nlonth shall, first be to interest and thr rema.ind~r to the principal of this o~iq~tion, T note a be prepaid at any tinie without psnalty. If d~fwk b~ n~ad~ fK --.--Isr? d~ps iw tM p~Y~t of ~r iwsl+il t ei p' ipal w iwf~nsf or •ar p,N ~Mnof. 11w whob sus 1Mw nwuiriw~y . unpaid wiN~ inhhs~ shall d iaid~rs optiew becoa» dw +wd paysbb witM wotic~. F ~:~nis~ wch option sINN wol coastituh w~iwr of IM ~ riyht fe ~x~rch~ 1M saw» is 11w ~v~w1 ei s~bspwat d~favh. AhK wl~eilp befb ' i and ~ccrwd i~l~nst ~~q b~+r inl~nsl at ~ p~r c~atrm p~r ~a~~ y~„'~ p~d. TM a~lcps aud ~ndoru~s ef this wot~ hrrlM~ wsiv~ d~wua fic~ of nou-p~ya~t and pwtnt. If 1hi~ wob is not paid af ~ m~lwitp and flw suw~ is p1+c~d witb +e sNenhr fe? co1Md'aw, tIN wuk~n and ~a Mnof ayn~ 1o p+r a!1 cesls of colbctioa, inchrdiny +II courl ~ cosb snd e~asessbb aMenhy tMS. \ ~ ~ 1 ' ~ ~ ~ . ~ ~ ~ (S~~) ~ ----R~~nard~-~:~t~fiinan _ - - - , Attesi: ----.T------- - - - - - - - (SEAL) ` ; ~ ~raIa~rie~~Nitchrriaii, ~ . . - - - - - - (s~?t) ~ ~~fi~i~iS~~1~~1F1~JffS~~~~~~1fr~1~~~1~1~1~~~r~l~?fif~~~~i~1f~fI~1~1~i~~~i~i~~f?~i~1~~~~~i~~~ifi~l~i i~?~?~i~i~i~~~~~1~1~i~~~i~~~1~i~i~i~I~~~i~i~i~i~I~~~?~I~i~I~i~I~i~i~?~I~i~i~ifN~1~ and shall duly. prompUy and flilly perform, discharge, execute, etfect, completP. comply wtth and abide by each and every the stipulations, agreements, conditions and covenants of said prom~saory note and ot this mortgage. then this mortgage and the eatate hereby created shall cease and be null and void. - It is understaod that each ot the Korda. "note," "mortgagor" and "mortgages" reapectlvely and the pron- ouns referring theret0. whether in the singular or plural anywhere in this mortgage. shall be aingular if one only and ahall be plural jointly and severally, if more than one, and shall be masculine, feminine and/or neuter. wher- ever the context ao implies or admits. And sald Mortgagor tor himnel! and his heirs. legal representeti~es, auccessors and essigns. hereby ooven- ants ana agree+ to and wtth said Mortgagee. hia legal repreaentatives, successors and asslgns: - 1. To pay all and aingtilar the principai and internat and the various snd aundry suma of money payable by vlrtue o! said prnmiaeory aote. and this mortgage. each and every. pmmpUy on the daya resp~ctively the same aeverally become dua ' 2. To pay all aad aingular the t~uces, essessments. levies, liabilities, obligations and incumbrances oi every_ i naWre and kind now on said described property, and/or that hereafter may be imposed, suffered, placed. levied ~ or assessed thereupon. and/or that hereafter may be tevied or assessed upon this mortgage and/or the indebted- ~ ness secured hereby, each and every. when due and payable acrnrding to law. be[ore they become delinquent, • and before ~ny interest attaches or any penrilty is incurred; and in so far as any thereof is o[ record the same shap be prompUy satisfied and discharged of record and the original official document (such as. tor u~s[ance. Lhe tax receipt or the satisfaction paper officialiy endorsed or certified) shall be placed in the hands of said Mortgagee wiihin ten days next after payment; and in the event Lhat any thereof is aot so paid, satisfied and discharged. said 1ltortgagee may at any time pay the same or any part thereot v~~thout wai~ing or affecting any option, lien, equity or right under or by ~irtue ot this mortgage, and the full amount oi each and every such payment shall be immediately due and payable and shal! bear interest from the date thereof until paid at the rate ot ten per centurn per annum and together with such interest shall be secured by the lien of this mortgage. 3. To place and continuously keep on the buildinRa now or hereafter situate on said land flre and windstorm insurance in the eisual standard policy form, in a sum not less than s._......_.~--•----••--•-•-----•--. 1n such com- pany or comp^nies as may be approved by sai~l I?fort~a~ce: and t?ll such insurance polictea on any ot said build- ings, any interest therein or part thereof, in the a~~regate aum atoresaid or in excess thereof, shall contain the usual standard mort~agee clause makinR the I+,~s ur.d~r said policies, each and every, payable to said Mortga. gee as his interest may appear, and each and e~•ery su~•h policy shall- be promptly delivered to and held by said biortgagee; and, not less than ten days in adran~e ~f the expiration of each policy, to dellver to said Mortgagee a rene~val thereof, toRether with a receipt fnr thP prPmium of au~h rnnewal• and there shall be no such insur- ~ ance placed on any of said buildings, any interest iherein or part thereot, unless in the form and with the loas payable as a[oresaid: and in the e~ ent any sum of money becomes payabie under such policy or policies said MoriRaRee shall ha~e the option to recei~e and apply the same on account ot the indebtednes~ secured hereby or ~ to permit said ~iortRagor to receive and use it or any part thereof tor other purposes without thereby waiving or impairing any equity, lien or riRht under or by virtue of this mortgage; and in the event said Mortgagor ahall for any reaso~ [ail to keep the said pwmises so inQumd, or fail to deliver promptly any ot said policiea of i ~ [nsurance to said Moriga~ee, or fail prompUy to pay tiilly any premium therefor, or in any reapect fail to per- ~ form. discharge, execute, etfect, complete, comply ~ti~th nnd abide by this co~enant. or any part hereof, said Mortg- ~ 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 ~ irtue oi this mortRage, anJ the full amount ot each and every auch payment shall be immediately due and papable and shall bear intPrest trom the date thereot until paid at the rate o[ ten per ~ centum per annum and together with such interest shall be aecured by the llen o! this mortgage. 4. To permtt, commit or suffer no Hsate, impairment or deterioraUon of sald property or any part thereof. _ 6. To pay all and aingular the costs, chargea snd expense9, including reasonable lawyer's fees and coot ot ! aDstracts of tiUe, fncurced or paid at any ttme by said Mortgagee becanse and/or fn the event of the fallure on the part ot the said Mortgagor to dul,v, promptly and [ully peKorm, dlscharge. ea~ecute, effect, complete. comply with and abide by each and every the stlpulation~, agreementa, conditlons and covenania of said promis~- - sorq note, and thi~ mortgage, any or efther, and sald costs. charges and e~[penaes. each and every, ahall bq lm- ; mediately d~e and payable, whether or not there be notice, demand, attempt to collect or sult pending: and the F l1il1 amount of each and every ~uch payment ahsll bear intereat from the date thereot untll paid et the rate oi ~ ten per centum per annum• and all eafd cwte, charges snd eupense~ w/ncun+M or paid. together with auch !n- ~ terest, shall be secuced by the lten oi thls mortgage. ~ ~ ~ ~ ~ 600K217 ~2~ ~ . _ _ _ _ . ,