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Home My WebLink About2360 s..:.~~.~-.~.~.~.w.QQ...»......»~ STUAB . t7or?aa. _....x~.~~?...~.res.._ . a~ FOA VALUE AECtIVED. !b~ ~wd~ssi~e~d. 1oW1T ~d N~~raU~. PROMISE TO PAY !o !1~ osd~s ol .4,~.`'...W..~~!It !TR _ . . ..~~~~~~._.~S?K~~n~...$~~~~! ~ar~..Fi~t~e1~...~~4~...00~1~00.-,---....---.-.-.-.-........_ DOLI.1lR8. a! Qa...~4~4...7~.~~.~....~~.~..~x.~tY.e...F~QridEa .....................os sncb ofb~s plac~ as ~b~ hold~r h~r~ot au~ d~sl~ad~ is ~?dlitM. lo~tbar wiib int~r~s! iswa dsi~ U!lu rat~ of. g_...... p~r antnm p~r ~aaum oA !h~ uapaid Dalsaa w~til maturllt. T6~ aaW pstsdpal Rad iot~rat sball b~ du~ aad paYabl~ ~s tollowa: In four (4) equal aemi-annual installments of $2,928.75 of the prf.ncipal, plus interest then due, on January 2 and July 2, beqinninq January 2, ' 1975. ~ 1 - t The makers may prepay any part or the whole of this ~ndebtedness at any time without payment of penalty therefor. 1f detault b~ w~~ 1~ ~a~~ i~ t?~ W1~~t s/ or IuWIM~t ~t ~risci~l er iwbnst • aw~ Mrt ttiasee/. ti~ ~?6eb ww t\~w ?~salwlwt uapa{~ vrit? ieterNt ~MaU d 6dier~ o~Ww Me~~ Jw iui prs?M rit~t ~~tict. Failoer t~ e:KSiM wcl~ ~Vtiow s?d! wst c~w~titub ~ahet ~I tlr flt~< <O lifKlN ~ Ih! ~~l~~ O~ iY~~pW~! af~atl~~. A~IK ~atWitr betY V~p~~ iw~ attruej iwterlst iVaU bear ~~trlfl Sl p!r Clr1lYW Wr aswu~ wtil ?ald. T~• ~wakan ud ~1 tl~is aeN Iwt\K ~~i~t ~aw~, ~oHc~ ~f w~w•Mp~e~t asi ~tsa~. If t6is Nt~ !s wst oafa ?t m~turitr aa~ t\~ sa~ is ~Iac~A vitA ~~itK~ep IK ullaetie~. tA~ ~ak~~ ~ ~ners ~f ases~ N7 ~~b eI eolketlw. Lclu~t~~ all cowt cost• aaJ re~se~aAb atter~ (eq. . . . -•----•--.__..(SF.AL1 Geor ~ St c an _ - -•-------------------------_.._....._..._...__......_.........ts~u.~ Dorothy P.~~ Stracfian - .........................•------------------.._.__.cs~ra - . t 'I,~ C c P~ ~ ~l~.a . -~./~,r~:l..l~/!~~.~:.•---_._.._....(SEAIJ . ~ ~ ~ and shall dul}~, prompdy and full}' pertorm, discharge, execuce, effect, mmplete, rnmply with and abide by each and t~ery ; the stipulationx, agreements, conditious and cocenancs ot said promissor} note and of this mortgage, then this mortgage and = the eseate hereby created s1~aU cea>e and be null and ~oid. ~ 3 It is understood that each of the words. "note." "mortgagor" and "morcgagee" respecticely and the pronouns re[erring , thereto, whether in che singular or plural an}where in this mortgage, shall be singular if one onl~• and shall be plutal joindy ~ aud se~•erall}. i[ more thau one, and shall be **+~v'+~line, feminine and/or neuter, where~•er che concexc so implies or admits. And said '~lortgagor for himself and his heirs, legal representatives, successors anzl assigns, hereby covenants and agrees ~ to and with said ~Iortgagee. his legal representati~•es, successors a~~d assi~~r. I._ To pay all and singular the principal and ititerest and the ~•arious and sundry sums of monry pa}'able b7 cirtue oE r said promissor}• noee, aud this mortgage, each and e~•ery. prompdy on the da~s respecticelc the same se~•erally become dae. • 2. "To pa} all and singular the taxes, assessments, levies, liabilities, obliPations aud incumbrances o[ e~•ery nature and kind now on said described property, audj or that hereatter may be imposed, su(teted, placecl. levied or assesseci themupon. ~ i aiid/or that herea[ter ma~ be le~~ied or assessed upon this mortqage aud f or ehe indebeedness secured hereb~•, each and e~•ery, - - ~ ~+hen due and pa}'able according to laN, be[ore they become delinqueut, and be[ore any interest atwches or ary penalty is ~ ; incurred: and in so far as any thereo[ is o[ record the same shall be promptl}' saus[ied and dischargecl of record aud t1~e or- i iginal official document (cuch ac, for instance, the tax receipt or 4he satisfaction paper otficiall} euclorsed or certi(iecl) shall : ~ be placecl in the haucls oE said Jlort~;aRee Ni[hin ten da}s next a[ter paJmenr, aud in the e~-ent that am• thereo[ is not so ~ ~ paid, satisfied aud discharged, said ~Iortgagee may at any time paJ• the same or an)° part thereof without wai~•i»~ or a(fect- ; ing am• option, lien, equity or right under or by virme of th~s mortpaRe. and the full amowu of each aud ecer~~ such pat- ~ ment shall be immediatcl} due and pa}'able ancl ~hall bear interest trom the date diereof until paid at d?e rate of ten pcr ~ centum per annum and toRether with such i~~ierest shall be securecl b}• the lien o[ this mortgage. ? a 1 3. To place and continuouslv keep on the buildings ~~ow or hereatter situate on said land tim and Hind,tnrm i~isur- ~ ance iu the usual standard policy tortn, in a sum not less than the highesc insurable ~•alue. in sud~ compauy or companies as may be approved by said \[ortgagee: and all such insurauce policies on any o[ said buildinRs, an}• i~iterest therein or part thereof, in the aggregate sum aforesaid or in excess thereof, shall contain che usual standard mortga~ee ciause makiug ehe loss under said policies, each and e.•er}•. pa~•able to said ~iortga~ee as his inrerest mav appear, and each and ecery~ such policy Sha~~ be Prompdy deli~~erecl to and hcld by said ~(ortgagee; and, not less than ten days in ad.•ancc of tl~e expiration of each ~wlicy, to delieer to said \(ortgagee a rene~+al thereoi, together aith a receipt for the premium ot such rene~+~al: and there shall be no such insurance placed on any of said buildings, any interest therein or part thereof. unless in the form and h ith the loss payable as aforesaid: and in the eeent any sum of money becomes pa}•able under such polity or }wlicies ~aid \fortRagee shall ha~•e the option to recei~~e and appl} the same on actount of the indebteelness sectired herebt or to permit said ~IortRa- gor to recei~•e and use it or an)' part thereot [or other purposes without thereby Nai~•ing or impairin~ auy equity, lien or ~ ~ right under or by virtue of this morty,age; and in the e~~ent said ~tortgagor shall [or any mason fail io keep d~e said premises ~ ~ so insured, or fail to deliver promptlp an~ of said policies o[ ii~surance to said 1fortRagee. or fail promptl}' to pay full}' any premium therefor, or in any respect fai! to pertorm, dixharge, execute. e(fect. complete. compl}' Nith and abicie by this co~-- ~ enant, or any part hereof, said liortgagee may place and pay for such insurance or anr part d~ereof without Hai~•ing or ~ affecting any option, lien, equity or right under or by virtue ot this mortgage, and the [ull amount of each and e~•ery su ~ payment shall be immediately due and payable and shaU bear interest [rom the date thereof until paid at the ratc oE te~i ~ per centum per annum and together with such interest shall be secured by the lien of chis mongage. ~ 4. To permit, commit or sutfer no waste, impairment or decerioration o( said property or any part thereof. 5. To pay all and singular the cosu, charges and expenses, including reasonable lawyer's fees and cost of abstracts of title, incurred or paid at any time by said ~tortgagee because and/or in the e~~ent o[ ehe tailure on the part ot [he said j ~fortgagor to duly, prompdy and fully perfottn, discharge, acecute, et[ect, complete, comply with and abide by each and ~ e~ery the stipulaeions, agreements, conditions and co~•enants of said promissory note, and this mortgage, any or either, and said costs, charges and e~cpenses, each and e~ery, shall be immediately due and payable, Nheeher or not ehere be notice, de- mand, attempt to collect or suit pending: and the full amount oE each and every such payment shall bear interest irom the date thereof until paid at the nce of ten per centum per annum; and all said eusts. chaiges and expenses so incarnd or paid, togecher with such interest, shall be secured by che lien of this mortgage. ~0~225 ~~~2~~4 } 4 a ~ Y S - . _ i_ ~~~~v)..s4"`~'^',e+e ~A ~ ~ ~ 4 ~~'4~ 's I b ' ~ h ~ - ~ _ _