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Home My WebLink About0583 , -f.~.+i4''.~r'.~.SS?'.~.•.L'.•.~.~.'.4~.~.~.'.•.'.•: ~ • ' ~ ; s 5~.~ / pcTo ~ E~t ~9 ?9 . ~ ~f FOR VALUE RECEIVED, ths undersigned, iointly and severally, PROMlSE TO PAY fo the order of ' MAI3YIH Cs.__S~IEKER snd LUCILLE I. V~I:EKER, h1g_atLie ~ - . . ? .~r~~~~~r~~~w~~~~~~~~~i~r~~~~~~~~~~~ : SI7L TZ1CIlL3,~t1~;~L'-~~@d 311R~ ~~~~Q DOLIARS, ~ . _ ~ 8t19@!1____ e~C2'1~ .F Orf48_ s~5~ o~ such other place as the holder ~ : at ~.._l;t---` _ - - . ~ ~ hereof may designate i~ writing togethe ith €nterest from _ OLTO ~E R_ I973 ~ at the rate of per centum~~nnum on the unpaid balance uotil maturity. The said p~incipai and interest shail ~ be due and payable as follows: ~ ` ~ . : . ; ~138.ll per m nth, th~a f t payment being due oae month lrom date, and k continue ior ach mon ereatt~:r .ztil pai~. T'his sum ot $138.11 rxiid ~ , ar ~ each month s first redit t interest ar~d the remginder i,~ the ~.rincip~l oi this obligati n. Th te may psep~id at ~.ny tim? w!•.hout ~ . ~j~ . ~ If d~fautl be i1?sd~ felty ~-li~ daps in t6e pay~nent oi sny instsll et of princi sl o inNr~s1 ot any pa~t ther~of, t6~ wlwl~ sum th~n remaining ~ unpaid witl~ intensl shall at hold~rs op~ion b~com~ du~ and payabk without notic~. Failu •:ercis~ sucl~ option shall not constitut~ l,~raire? of fh~ ; ~ right to ~x~rcis~ li~~ san» in tM ~v~et of subs~qv~nt default. Aft~~ m~lurity bo16 princ and accru~d inf~resf shsll b~a~ inMr~st s1 1(~ pe~ c~nfum ~ per annvm vntil paid. TM m+k~n and ~ndoners of this eo1~ fuAh~r waire d~mand, n ic~ of non-paym~et and p~otes~. If 16is net~ is not paid st ~ maturity aed tl~~ sawh is plac~d with an anorney for coll~ct~on, Ih~ makers ~nd ~ndonen hereof ag»~ to psy al) cosb of coll~ction, inclvding sll court costs ~nd reawn~bl~ ~ttomfr f~ts. / ~ / : ~ ~ : ~ i~ ~ ' ^ - - - - - - - "t...~ (SEAL) ~ J~h.z L~uq d ; Attest: _ _ _ _ _ - - - _ _ (SEAL) : ~t~.~ela.nd D~~a~a.~...r3 i - - - - - ~ - - (SEAL ~ - - ~ - - - _ . ~r i~i :~i~i~ifr~i~i~i~i~i~ifi~i~i~i's~i~i~i~i~i~i~i ?~?~?~s~i~?~i~i~i~i~i~i :~i~i~i~i~i~ifi~i~+~i~.~i~i :~i :~i~i : :'~~?~i~?~i~i~i~i~i~~ :~i~. i~i~i~?~i~?~r i~i~i~? i~.~i~i i~i~.~i~i~i~r~i and shal! d~ly, promptly and fully perform, d~scharge, execute, eftect, complet~, comply with and abide by e8eh and e~•erv the stipulations, agreemenLs, conddions and covenants uf .s.3id prom~ssory note and of this mortgage. then this mor[gage and the estete hereby created shall cease and be nWl and ~~oid. It is understood that each of the uords. "note." "mortgagor" and "moRgagee" respectively and the pron- ouns referring thereto, whether in the singular or plural anyv?here in this ~nortgage, shall be aingular if one oNy and sha11 be plural jointly and severally, if more than one, and sh:?ti be ma,4culine, feminine and/or neuter. wher- e~~er the context so implies or admits. And said Mortgagor for h5mself and his heirs, legal representatives, successors and assigns, hereby rnven- ants ana agrees to and with said 11Sortgagee, his legal representatives, sucressors and assigns: 1. To pay all and~singular the principal and intemst and the various and sundry sums of money payabie by virtue of said pcomissory note, and this mortgage, each and every, promptly on ihe days respectively the same aeverally become due. 2. To pay all and aingvlar the taxes, assessments, levies, liabilities, obliRations and incumbrances ot e~erq nature and kind now on 9aid described property, and/or that hereafter may be imposed, auffered, placed, levied or a..cSessed thereupon, andlor that hereafter may be lev~ed or asse~s9ed upon this mortgage and/or the indebted- ness secured hereby, each and e~•err, When due and payable accorciing to law, before they become delinquent, and before any interest attaches or any penalty is incarred; and in so far as any themaf is of record the same shall be prompUy satisfied and dischar~ed of record and the onRinal off~cial document (such ss, for instance, the tax receipt or the satisiac;ion paper officially en~forsed or certifiedl shall be pl'aced !n ihe hands of said 1iorLgagee v~~Lhin ten days next after payment; and in the event that any thereof is not so paid, satisfied and discharged, said 11Lortgafiee may.at any time pay ihe same ~or any parC thereot K-ithout wai~-ing or affecting an} opti0n, tien, equity or right urtder or b}~ ~•rri~2r of th~s mortgage, and the full amount of each and every such payment ~hall be immediately due an~i I~ayable an~1 sh:ill bear interest from the date thereof until paid at the rate of ten per cf~nturn per annum xnd tn~eth~~r ~s~th such interest shal! be secvred by the lien of this morigage. 3. To place and continucwcl~ ke~p on the buildin~~s n~r~v or hereafter sltuate on said land fire and wlndstorm i insurance in the ~i~ual standard palicy form, in a svm n~t less thtut S.- In such com- ~ ° pany or comp^lics as may be apprc~~~ed by sai+l ~1urt~a~re: ~mi ~lt such insurance policies on any of said build- ` ings, any interest therein or part thereof, in the a~~r.~~;ate sum aforF+aid or in excess thereof, shall contain the t usu~t standard mnrt~agee rlause makin~ ttte l~,w ur.~ir~r s:tid poliries, each and every, payable to said Dtortga- ~ ~ gee as his interest may appear, and each a::d e~•N,-y h policy shall be promptly delirered to and held Ay said ` 11lort~agee; and, not less than ten days in ad~anre of the PxErirat~on of each policy, to deliver to stild hiortga~ee E a renewa] thereuf. to~ether ~sith a receipt f~r thP prPmn~m nf vn~h r~neKal: and ther~ shall be no such insur- ' ance placed on an~ of ~aid buiidinRs, any interest th~rein or part thereoi, unless in the form and with the loss pavable as aforesaid; and in the eti•Pni any sum of mnney becomes payable under such poltcy or policiea said F Mort~a~ee shall haee the opti~in io r~ cei~•e and apply ttie same on account of the indebtedness secured hereby or f to rPrmit sa:d Afort~aFor to rerei~•~ and uce it or any ~Rrt thercot for other purposes without thereby waiving ; or impairin; an~ equitv. lien or r.~ht undcr or by ~~irtue of this martgage; and in the e~ent said Mortgagor shall ? for ar.y reason f:~il to ke~p the ~ai~1 pr.~m~s~c sn in~ur~d, or fait to deliver prompUy any o[ said policies ot instlrance to sat~3 ?f~rt~a~Fe. or fai! prompUy tn p:~~• fiilly :u~y premium therefor, or in any respect fail to per- form, dischar~e, exe~~iiie. ~ffect, completP, comply ~+-ith and abide by thi9 covenant, or any part hereof, said ATortg- age~ m3y place and pa~ for such inQurance or any part thereof tivithout a•aiv"utg or ~tfecting any option, liPn, • equity or riRht undcr or by ~•irtue of this mortRa~e, and thc fu11 anlonnt of each and every tuch payment shall be immediately due and pa}•able and shall bear intPresi from the date ther~of until paid at the rate o[ ten per centum pet ann~m and toRethrr with such Interest sha11 be secured by the lien of thls mortga~e. To perm3t, commit or st~tter no w•acie, imFairment or deterioration oi sald property or any part thereot. i 6. To pay sU and sin~utar the costs, char~es and expenses, including reasonable law-}er's fees and cost ot abstracts o[ title, incurred or paid at any time by sald 1?iortgaRee because andior in the eveot of the fallure ~ on the part ot the said :liort~e~or to duTy, promptty and fully peKor7n, discharge, eaecute, effect, completey , comply vrith and abide by each and every the sttpulations, agreement~, condiUons and covenants of said promis- £ sory note, and thia mort~age, any or either, xnd said cost~, charges and expenses, each and every, ahaU be Im- ; medistely due and payable, whecher or not ihere be notlce, demand, attempt to collect or sult pending: and the = full amount ot each and every such pay-ment shall bear intereat [rom the date thereot untU paid at the rate of ~ ten per centum per ar?num; and all said coste, charge~ and expenses eo incurred or pald. together wi[h auch !n- ~ tere~t, ehall be eecured by tha Ifen of thfs mortgage. i ~ , e~~ 2~0 Q~~ 5~3 ; S i { ~ - ~ ~w. ~ - _ S, - - - , . -a _ ~