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Home My WebLink About1999 . . S . - _ ~~~~t';,•~Cf ZZ ~ 19 4 : ; FOR VAtUE RECEIVED, ths unde~sipned, jointly and severally, PROMISE TO PAY to the or~e? of ~ . ~_.`1La.11~L.L. _..'-UIr~LF:i~ ~~.-1~ ~Y~+1~ ~~:1 ~ V1{1LL~lll~ :ZLJ ~Lle ? ~ `I~?~~.--_ T:~;..:~~z~ ~~d.N~,:C~ - - --DOtIARS, . : at ..C~^, S~1Cil a~,t';1{.tl~ i~' =Uj~ ~C;tl:~c'tl !1~ ~ci: 1d=~ ~ or such other place as the holder ~ hereof msy designats in writing together with inte~est from ~ 1 at the rate of ~1~ per centum per annum o~ the unpaid balance until maturity. The said p~incipal snd interest shall ~ be due and payable as follows: ~ . : . , ` ~ i~.2. << m~ ;~n, ~h~ fi_~<:: ?:1;; nc :t ~:i~ c~~~~ i'. ~~d c^ntiZ~,le ~ : ~~,r ~~~.z ~ncnt:l t:l~r~:~._t::r - :i:: ::~ic~. Ttif: - ~^i~~i ^~~~;i ~ in;~.itti .~ha.~ iir.~~ b ~~i~-~,i t ~ ~ !t!: : ~°r_~ilder ta t~i~~ : iri,~i f this _~b1 ~ga` i~ n. 'r;~i~_ r: ;t,~- m~.;~ ~,r.~epaid at any time ~t?~4h.:~~.~, ')tr~`iitj~. ' / ~ If d~fauh b~ mad~ for days in t6~ paym~nl of any inslallment, -~rincipal or inNr~~or any psrf Ihereoi, tA~ wFwl~ sum lhen rema~ninp ~ uepaid with inNrtu shall ~I l~old~r's op~ion b~con» du~ and payabk wilhout notit . Failur~ to •x~~ciu such optio~ shall not conslitut ~.iyvaiver of 1h~ ; righl to ~x~rcis~ th~ s+nN in th~ w~n1 of s~bs~qu~n1 defaul~l Afte? msluriry rh pnncipal and accrue~! inlerest shalt bea? infe?~st st per centum ~ ~ per i1111YT unfil psid. Th~ msk~n and •ndonen of lhis no~t'.furt6~r waire d mand, nofic~ of non-paymeet and protesf. If this not~ is no1 paid a1 maturity ~nd t6~ ssme ii plac~d wilh an attorney for collect~on, ~hs make~s and endorsers Aereof ag~ee to pay all cos~s of collection, includin9 all cou?f coa~s and r~asonsbb ano:n~r fNS. ~ : ~ : : : ~ ~ . ~1 ~~.mes L . Aa a.n, tsEAu ; - _ J`~ Tri~'3 L. C~. -'^~.h`3Tr1 _ ` . : ; ntte~: ~ !~h ~ Il ~ 3~e.Rn GR~1~~1 ISEAI) : . ` _ _ 1:; !1'- ~-:L' 1;:'~t~`i - - - - - - - - - -(SEAI) : ? i i~I~?~I~I~i~i i I~I~I~I~f~I~I~I~I~I~1~I~I~I~1~i~~~I~i~i I~i~i~I~i~i i~I~i~i~I~i~i i~i I~i~ ~~I~?~I~I i~I~?~~~I i~I i~?~I i~? i~I~~~~~I i~i I i~I i~I~I~i~i i~I~i~I i i~I~i i i~~i~I~I'~~I and sh:tll duly, promptly and fully pertorm, disctiarge, exPCUt~, effert, complet~, comply wtth and abide by each and erery the stipu:ations, agrecments, rond~tiuns and covenants uf said prunus~ory• note and of this mortgage, then this mortKage and Lhe estate hereLy c;eated shall cease and be nu11 anc] ~'oi~i. It ~s understood that each of the ~~~or~ls. "note," "mortgagor' and "niortgagee' respecii~•ely and the pron- ouns referring Lhereto, w•hether in the singular ar plural anyvvhere in lhls mortgage, shall be singular if one only and shall be plural jointly and severally, if mure than one, and shall be ma.gc•uline, femtnine and; or neuter, wher- e~'er the coniext so implies or admits. ~j And said Mortgagor for himself and his heirs. legal representati~es, successors and assigns, hereby coven- ~ ants ana agrees to and with said riortgagee, his legnl reprcsentatives, succ~~ssorw and assigns: i 1. To pay all and singular the principal and interest and the various and sundry sums ot money payable by { virtue of said promissory note, and this mortgage, each and every, prompUy on the days mspectively the same i severally become due. I 2. To pay all and singular the taxes, esses.~ments, levies, liabilities, obli~ations and 3ncumbrances of etiery [ nature and kind now on yaid descnbed propetty, and~or that hereafter may be imposed, suffered, placed, levied or assessed thereupon, and/or that hereafter may be levied or a.~se~~sed upon this mortgaRe and-'or the indebted- ness secured hereby, each and ecer~•, ~~•hen due and payable arcorciin~ to law, before they become delinquent, and before an~ interest attaches or any penalty is incurr.~d; and in so t1r as any themof is of record the same shall be prumptly satisfied and dischar~ed of record and the onkinal official document lsuch as, for i~tstance, Lhe tax receipt er the satisfartion paPPr ufficially en~iors~d or certifi~d? shall be placed in the hands of said ~tortgagee wlthin ten days next :tfter [~zyment; and in the e~•Pnt that any thereof is not so paid, satisfied and discharged, said riortgaFee may at any lime pay th~ s:tme or an~ part thereof without wai~~ng or affecting any opti~n. licn, equity or nght undcr oT b}• ~'~riur of th;s mnrt~aR~•, and the full amount of cach and e~ery • su~h payment shall be immediately .lue an~f ~~ay:~b:e an~i sh:?11 benr interest from the ~ate thereof until paid at the rate ot ten per c~ nturn per annurn und t~~;;r?h~•r w•~th suc~h interesi shxll be secured by the lien ot this mortgage. 3. To place and continunusly ke~p on the bu.l~lin;;s n~~w or hereafter situate on said land fire and windstorm insurance in the u~ual standard p~~li~•}• form, in a ~urn nnt lecs than S _.~~~Xl~am in such com- pany or comi~"'~~~ s as ma}• be appr~~~•~•d b~~ ~a~.l ~inrt~atce: an~! ~Il suc~h insunnce policies on nny of said build- ings, any intPresl therein or E~art thereof, in lh~ n~,r.•p;ate sum alor~sa~d ur in excess thereof, shall contain the usual standard m~rt,-agee clansr makin~ tt:e L~~s uc~l~•r sr?id Pol~rzrs, eai•h and e~•ery, payable to ssid Ti~rtga- gee a~ -his interes: may appear, an,i ~nch a::~f ~c~~ h p~~hcy ~hat! be prompUy deli~•ered to and held by said Dlort~agee: and, not less than t~n daps in ad~:am~e ~~f the .•xpiration of each policy, to deli~~er to said btort~a~ee a renc~~val thereof, to~ether a•ith a receipt fnr thP prPmn~m of vnrh rrne~vxl: and there shall be no such insur- ance placed on any ~f ~aid buit~lin~s. any rotc•r~•st th~~rcin ~r {~art [her~of, uNess in the forrn and with the loss ~ayahle as aforesaid: an~1 in the e~'Ant :~ny sum of mnne~ b~~~•omev ~ayablp under such policy or poticiea said Dtort~a~ee shall ha~•e the opti~~n to rrcei~•e and ~~ply the ~amr ~~n a~•~•ount of the indebtedness secure~l hereby or ~ to p~rmit said ~1nrt~a~or to rerei~•r 1rni nse it or any Part thereof i~r other purPoses without thereby H•ttiving f or impairin~ ant• eryuity, lien or r~~;ht under or by ~•irtue of tLis mortga~e; and in the e~ent said :liortgaKor shall for ar.y TPRSn1 (~i1 to keep the ~ai~i prcnus~~~ sn in~ur~~1, nr fail to deli~•er prompily am• of said policies of ir.surance to sai~l .*.inrt~a~c•e, or fail pmmpUy t~ p:~}~ fnily :?ny premium therefor, or in any respect [ail lo per- form. d~cchar~A, ex~~~u.e. ~~ffe~t, compl~tP. comply ~rith and ahi~ie h~ this co~•enani, or an}' part herenf, said ~iortg- ~ ageF~ may ptac~ an~i pay fnr stu•F in-nrance or anp Fart th~rec~f «•ithout v~•ai~'in~ or affecting any opti~n. liPn, equity or r.Rht under ~r b}• ~•irtue uf this mort~a~;~. an~l th~• full amotmt af each and every such pay-ment shall - be immediately du~ an~1 pacable xnd shx11 bt•ar int~-p~t from the date thernot unUl paid at the rate of ten per '.'~y rentum per annum and toKeth~r «•ith auch intere~t shall be secured by the lien o[ ihla mortga~e. 4. To permit, c~mmit or suffer no ~+aste, ~mpairmcnt or deterioration of said property or any part thereof. ~ 6. To pay aU and sir.~ular the coats, char~es end expPnses, includinR reasonable ~AN'~•er'e fees and cost of ' abstracts ot title, incurred ~r paid at any time by said 1?tort~s~ee bec•suse and!or in the e~ent of the failure on the part ot the said btort~a~;or to duly, prnmptly and [ully perform, dlscharRe, execute, effect. complete. comply K~th and abide by ench rtnd ev~ry the stipulations, a~reementa, rondiUons and covenanta ot said promis- ' eory note, and this mort~a~e, any or ei[h~r, and 9Alf~ cnats, charges and expen.ges, each and every: shall be Im- mediaLely due xnd payable, v~•hether ~r not there be notice, d~mand, attempt to coflect or sult pending: and the full amount of etech and every such pa}-ment shalt hear interest trom the date thereot unttl pc?id at the rate oi ten per centum per annum; and all satd r_ovt~, chxrge~ snd expenaea no lncurred or paid. togeiher with such 1n- r~ terest, ehall be aecured by the Ilen of thls mor:gage. `;=.i ~3 ~ ~-~t 224 E~~E~99 ~ ~ ~ ~ =~-~~.;~~.~~~y.~ ~ ~ s ~ ~ ~ - ~ ° ~ ~ ~ ' ~ ~ 3 _ r._ _ U L { ~ a".~;~..- ~e: