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~o ~lnue And to ~old !he same, logether wifh the tenemenla, he?edifamenla anc~ appurte-
n4nces f~ierefo ~.elonging, anc~ ff~e rer+fs, tssues and pro~ifs 1/~ereof, unto Ihe mortpngee, tn fee simp~e.
the morfgagor covenanfs with the mortgagee IF~at Ihe mo?tgagor ta indejensibly aeized o( satd
land in (e'e simple: ~ha~ ~ha mortgagor {~us s~ood nyl~t aKd Iaw(ul authority to con~ey said In~d as a~ore-
sai~: fhaf t~~e morl~u~ur u~i~~ ma{ee such (urthe~ assurances to per~eci t/~e jee simple litie to said land in fhe
morlgagee as may reasona6ly 6e required: that t1~e mo~tgagor f~ereby (ully wa?rnnts the title to said Iand
! and u~ill defend fl~e same ngainst tlie Iawju[ claims o/ aII pe?sons wl~omsoever: and that said land ts jree
' and riear oJ nI[ encumbrnnces
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! ~~V~1~R Ii~w~s~ lhat if said mortgngor shnll pay unto said mortgagee the certain promis-
~ sory nofe hereina~ter substantinl[y copiecj or ic~enttjfecl, to-wit:
~ Promissory note o f mortgagor of e ven date h erewith executed under its
~ corporate seal to mortgagee in the principal sum of $35, 000. 00, bearing
interest at the rate of 7i% per annum on the unpaid balance; the sa.id pro-
; missory note being payable, both principal and interest, in the manner
following: Interest accruing from date thereof to J anuary 1, 1974 shall
be paid on October 1, 1973; beginning January 1, 1974, both principal and
interest shalI. be payable in 120 successive monthly installments of $415. 46,
said installments being intended to pay said principal and interest within
10 ysars after December 1, 19?3. Said promissory note further provides
that should any installment of principal or interest remain unpaid for 60
days ~fter the same shall become due, then the entire principal sum then
unpaid shall become due and payable immediately.
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i ~r DO~UMEWTARY, ,v-.::~STAMP t~ a~
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