Loading...
HomeMy WebLinkAbout1615 I~I J ~ ? I I ? 1 I I I f I I I! I I I I I I I I I 1 I I I I 1 I 1 I~ I I/ I/ I I I 1 I/ I/ I/ 1 I~~ I I I 1 I? 1< , , s4'S.S.6~`i~'.L'S'S~S?~~'.~.~i .-.f..4 . ~ .~.L . . r s . . • . . . . . . . . . . . . . . . . . . . . . . . . r . . . r . . . . . . . . . . . . . . . .4 ~ : s .~,4QQ`Q4---------- . _ . . ~q73 . ~ fOR VAWE REGEIVED, undersiy~~d, jointly and sevenlly~ PROMISE TO PAY to th~ ordsr of _ . . !~?.?F y~ - E$-- - I~'ILFR., - $is--Ru3---- - - - - - - ~ ~ - ~ v~ o~an our r~ ~nd no .00--•----------------- - . _ , - -ooun~s at ---p~--.C~--- 4K_111 a---~~1fiLI1_$BgC~_,F'jQr~t~.g_-._`: ~~`I or such other place as the hold~r ; heroof atay d~ e~N in writiny topethe~ with inte~est from - ; at th~ nh oF p~? c~ntum p~r annum on the unpaid b~lance until maturity. The s~id principal and interest shall be due and pa abie ~s Eotlows: ~113. 2 a r:zonth, the tirst pa3R:zAnt bPing duP onQ month fror:~ ~iatA, and cantln e for Qach month theNeaRAr unttl paid. ThiF sum oi ~21~..42 ~aic~ ~ach r~ ~ tirst b~ crai to lnterA~t and th4 rQmalnd~r to th~ princi~al s oblic,~ation. i: n~ may be? pr~peid at any tim ~ v~~ith~ut . ; ~a~,y. ~ K d~fwh be msd~ fw .1 dars iw tM pay et of aey inttall t ef p cipal o? i rK1 +~y parf ftNnoi, tM w1aM suiw tMn nmainis9 unp~id witU iwhns~ shaU at laid~r's optioa b~conN dw d parabM wi wofi~~. F+~lur~ M ~rus~ h option shaN wo1 cowstituy~ ~ waiver of 1h~ s rlgAt ro~:~eeh~ tM saw~ iw IM ~vMt ef svb~qwnt d~fauh. Aft~r beth Prineipal d ~e d inNnsl sMU Mar inhnst at `~3 p~r eMtY~ p~r a11AY1w Ywtil p~id. iM wuk~es and ~ndon~rs ef ' nob fv w~ir~ d~wund, noKc arwknt awd pref~st, K~bis not~ is wot paid at ; maturifp ud fM saaN Is plac~d wdb aw atlonNr fe~ ce 'oe ~nsk~n aad ~edors~rs M of ayrN to P.r all cosh ef toll~c~ion. inclwiiny all cewt ~ cosh snd nawwabb ~Itere~r h~s. : ~ : ~ ~ - - ~5~~ ~ - ~ - - ~ ~ ~ o Z 8 ~t.: - ~ . n ~ : : Attest: a - - - - - ~S~Lj i~'tty . ~i &~t:. ~ ~ . (SEAt) S `I'if?~1f1~l~l~J~l~?flfl-f~jlJf~~I~~~J~I~1~~~~1~I~1~I~I~1~I~1~1~1fI~~~1~1~~1 i~~~~~~~~~1«?~1~1~?f1~1~~~~~~~~~~~1~I~I~1~~~1~?~I~i~I~I~1~1~i~I~I i~i~i~r~i~i~i~i~i~i~i~i~i~i~r~i~i~i~i~i'~i~:r~i and shalt duly. prompUy and fully perform, dixharge. execute, eftect, completP, comply wtih and abide by each and every the stipulations. agreements, condttions and covenants of said promis~ory note and of. this mortgage, then thia mortgage and tl~e estate hereby created shall cease and De nu11 snd voed. It ia understood that each of the wonis, '•note," "mortgagor" and "mortgsgee" respectfvely and Lhe pron- ouns rnferring thereto, whether in the singular or plural anywhere in thla mortgage. ahall be singular ii one ody 8ad ~hall be plural jointly and severally. if more than one, and shall be ms.sculine, feminine 8nd/or neuter~ wher- ever the conteact ao implies or admits. _ And said Mortgagor for himselt and his heirs, legal rnpresentatives, successora and as9igns. hereby rnven. ant~ ana agrees to and with said Morigagee~ his legal representatives, successors atid assigns: 1. To pay all end aingular the principal and intereat and the various and aundry sums of money payable by virtue of aaid pmmisaory aote, aad this mortgage. each and every. promptly on the daya re~pectively the same aeverally become due. 2. To pay all aad singuler the taxes, assessments. levies, liabilities. obllgaUons and incumbrances ot every nature and kind now on said described property. and/or that hereafter may be Imposed, auffered, placed. levied or assessed thereupon, and/or that hereafter may be levied or assessed upon this mortgage and/or the indebted- ness secured hereby. each and every, when due and payable according to law, before they become delinquent~ and before ~31y_.interest_attaches or any penalty is incurred; and in so far as any tt?ereof ia of record the same shall be prompUy satisfied and discharged of record and the original ofttctal document (such aa; -for-i~isiance.- - ° :he tax receipt or the satiafaction paper officially endorsed or certifiedl ahall be placed !n the hands of said i Mortgagee within ten days next afier payment; and in the event that any thereof is not ao paid, satisfied and € discherged, said Mortgagee may at any time pay the same or any part Lhereof w-ithout waiving or affecting ; any option, lien, equity or right under or b~ ~•irtue of this mortgage, and the full amount ot each snd every ~ auch payment shall be immediately due and payabfe and shall bear intemst from the date thereof until paid at the rate o! ten per centurn per annum and together with such interest shall be secured by the lien of this mortgage. • - 3. To place and continuousty keep on ihe buildin~s now or hereafter sltuate on said land fire and windstorm ; insurance in the uQual standard poticy form, in a sum not less than j........~„':,A.,X~LriZ,ily in such com- _ pany or comp^nies as may be approved by sa"sd blorl~a~ce; and nli such insurance policies on any of esid bufld- ings, any [nterest therein or part thereof, in the aR~re~ate sum atoresaid or in excess thereot, ahall contain the usual standard mortgagee clause makin~ the 1~,~s ur.d~r said policies, each and every, payable to said l~iortgar gee as hia lnierest may appear, and each ar.d e~•ery su~•h policy shall be promptly delivered to and held by said 11SoMgagee; and, not less than ten davs in ad~~an~e of the expiration ot each policy, to deliver to snid Mortgagee a rene~val thereot, to~ether uith a receipt for the premiiim of an~h renewal: and there shall be no auch insur- ance placed on any of said buildings, any interest therein or part thereof, unle:ss in the form and wiih the foas payable as aforesaid; and in the event any sum o[ money becomea payable under such policy or policies said Mort~agee shall ha~e the option to receive and appty the same on account of the indebtedness secured hereby or to permit said MortRagor to receive and uce it or any part thereof tor other purposes arithovt thereby waiving ; or impafring any equity, lien or riRht under or by virtue of tliis mortgage; and in the event said Mortgagor ahall for any reaso~ [ail to keep the said premiscs ao Insur~d, or fail to dellver prompUy any ot said ~o ticib of Insurance to said 1?tortga~ee, or lait prompUy to pay fiilly any premium therefor. or in any r~apect tail to per- ~ form, discharge, execute, ettect, complete, comply ~~~th and abide by this eovenant, or any part hereot, said Mortg- ~ agee may ptace and pay tor such insurance or any part thereof withoui v~aiving or atfecting eny op~on, l'ePn, ~ equify or right under or by ~irtue of this mortgage, and the full amount of each and every such payment shall be lmmediately due and payable and shall bear int~rest from the date thereof unt11 paid at the rate of ten per centum per annum and together unth such tnterest shall be aecured by the lien of this mortgage. r 4. To permit. commit or suffer no ~aste, impairment or deterioratlon ot eatd property or anq part thereof. 6. To paq ull and singular tt:e coats, charges and expenses, including rPasonable lawyer's fee~ and co~t of abatracta of tiUe, tncurred or paid at any time by said btortgegee becauae and/or in the event of the fafiure on the part of the said Mortgagor to duly, promptly and fully perform, diecharge, e~[ecute, effect, complete, comply with and ablde by each and every the stipulaUona, agreemeats, condiUona and oovenante of said promis- sory note. and thi~ mort~e, any or either, and ~ald costs, charges and e~cpenaes, each at~d every, ahall be tm- mediately due and payable, whether or not ihere be notice, demand, attempt to col3ect or euit pending; and ths full amount ot each and every auch pavment shall bear intereat irom the date thereoi unW pald at the rate of ten per centum per aiu~um• and all eald coste, charges snd expenses so incurm! or patd, together with suc~ fn- L terest, shall be secvred by the lfen oi this mortgsge. ~ < 8~~.8 ~~s~~- ~ 4_. . ~ - - _ _ . ~ - ~~_a:h.=~~~~