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Home My WebLink About1336 :...~1.~.Q44.. ~Q.. srv~ar. Fiarids. ..---.AA]C~.~.....~ ~~...7..4.... FOR VlILUE AECEIVED. W~ uad~nl~~d. jointlY and s~~~sally, PROMISE TO PAY !o lh~ ord~s o ...~F~X..~OSW~i.~,..?I.R.. ...................................................................................................~.~.~~................_........••DOLLlIRS. ~ . E1~~~n..~hQ~.~.ana....ax~a....Q~1~.Q.Q.-.-.-.-.-.--.-.-.---.-.-.--.-....-_--....-.-.--.-.- : . . - .....or sucb oi~: pl~c~ as !he hold~r ~ . _..o..... ~.~x... ~ Q.~..._~'a.~,A~... G ~.ty.......E~.o~.~.d~ b~rwi maY d~slyad~ b w~tia~. t~~ht: ~rUh ini~r~s3 irom dat~ a! ih~ rat~ o! p~r c~atum pe: ai?n~m on ih~ uapaid b~laop uniii maturUT. ?M sdd priadpal aad iat~:~s! shall b~ due and payable u tollows: In four (4) equal semi-annual installments of $2,750.00 of the principal, plus interest then due, on January 2 and July 2, b~ginning January 2, ~1 ! 1975. j ~The makers may prepay any part or the whole of this indebtedness at any ~time after January 1, 1975 without payment of penalty therefor. 11 delault is w~a~e I~r 3.~........ ~ra iw t?e Wl~eat ef aw~ f~stalls~nt ol ~~ci~l x i~ter~st er an7 V~1 ~nOf. tie ~hol~ tow ~?en remai~lw~ ue?a41 ~it\ intenst a1w11 ~l h~lier~ MtMu ~ecea iw u~ ~ayabh ~it6~~t wotice. Fatlun to ~;~ist suc\ eptfw~ s6~11 Mt cen~titute ~d+er et the ?i~Lt te e~s?d~~ t?e ~uK Iw tA~ e~ewt ~1 ~u~acv~t de1~rlL Alter saturitr 6ot? ~rlwcioal asa accrred iat~rc~t aiall ~e~r i~tercst at ~er ccatu~n y~r ann~~a awtil N~. T~~ m+4ch a~ e~ener~ el tAis note lu?tAer ~rsi~e iemaad. wetke ot woa-oarme~t ~1A` pr .teot io~ ~oa,*'acludi ~~all~~c+o rt maturilr ~ni t?e ~an~e Placed ~.itR a~ att~raer IK colketioa. lA~ ~alcm; a~e~orssn bereol ai?N to W1 . i c~ats ani re~ssnarb altNwep lee~. l ~ , - ~'t'w_:4:::.'..~-•-•: ---..(SEALI • E.:;~ ardner Finch ' ~1Ma~.7! ~.r.~~.... ................ISEALI . . onne DuMont Finch ISFAT.1 and shall duly, promptly and (ully per[orm. discharge. exetute, etfect, completc, comply Mich aud abide b} each and e~ery the stipulations, agreements, conditions and co~•e~~ants of said promissory note and of this mortgage, then this mortgage and the estate hereb}' created shall cease and be null and ~•oid. Ic is undentood that each oE the words, "note:' "mortgagor" and "morcgagee" respecti~•ely and the pronouns reEerring thereeo, Mhether in the sinp,ular or plural an~~where in tliis mortgage, shall be singular iE ouc only and shall be plural jointly and se~~erall}, if more than one, and shall be masculine, feminine and;or neuter, wherecer the coueext so implies or admits. ~nd said ~tortgagor for himsel[ and his heirs, legal repreuntati~•es, successors and assigns, hereb~• co~enants and agrees to and with said \lortgagee, his legal representatices. successors and assigns: l. To pa} all and singular the principal and incerest and the .•arious and suudry sums oi mone~ pa}•aUle by ~~irtue of ~ said promissory• noee, and this mortgage, each and e~•ery, prompdy on the days respecti~•ely the same secerally become due. 2. "I'o pay all and singular the taxes, assessments, levies, liabilities, obligations and incumbrances of ecery nature and kind now on said de~cribed property. and; or that hereafter may be imposeci, sufferecl, placed, le~~ied or assesse~d thereu~wn. and f or that hereaEter may be 1e~'~ed or a~sesseci upon this mortgage and/or the indebtecinecs secured hereby, each and ecer~. when due and payable accordinq to la~c, be[ore they become delinquent, aud be[ore any interest attaches or a:~y penale~ is incurred: aud in so [ar as an} thereof is of record the same shall be promptly satis[ied and discharged o[ recorci and tlie orv iginal o(ficial document (such aa, tor instance, the tax receipt br the sati.(action paper otticiall} endorsecl or certifieci) shall be placed in the hands of said \tortgagee within cen days ncxc a[ter p:i}~ment; and in the e~•ent that any thcreaf is not so paid, satis[ied and dischargecl, said \lortqagee may at any time pa~• t1?e 41me or an}~ part thereof without wai~•inq or a(fect- ing an}• option, lien, equit~ or right under or by virtue of this mortgage, and the full amount ot each and e~er~• such pa}•- ment shall be immediately due and pa.able aud ~leall bear interest (rom d~e date cherc~f until paid at ehe rate of tcu j~er centum per annum and together with s4ch interest shall be secured b}• the lien o[ this mort~aAe. 3. To place and coneinuousl}' keep on the buildings no~v or hereafter situate on said laud fire aiid wi~:d,torm insur- ance in the usual standard policy form, in a sum not less than the hi~hes~ insurable ~alue, in such com~~an~~ or compa:iies as - ma~• be approceci by said \tortv,agee: and all such insurance policies on any of said buildiugs. any interest therein or parc thereof, in the aggregate sum aforesaid or in excess thereof, shall contain the usual sta~idard mortgaRee dause makin~ tl~e loss under said ~licies, each and e~•er}'. p~}able to said \Iortga~ee as his interest ma~• appear. and each and e~er}' such polecy shall be promptly delicered to a~2d held by said \lortgagee: and, not less than ten daJ~s in ad~•ance of the expiration of each ~licy, to deliver to said \lortgagee a reneMal thereof, top,ether with a receipc tor the premium of such reneNal; aud there shall be no such insurance placed on any of said buildings, any interest therein or part thereof, unless in the form and with the loss payable as atoresaid; and in the event any sum o[ money becomes pa~-able under such policy or policies said \IartRagee shall ha~~e the option to recei~~e and apply the same on account of the indebtedness secured herebp or to permit said ~tortga- gor to receice and use it or any part ehereo[ [or odier purposes without thereby wai~-iuR or impairiu~ auy equity. lien or right under or by ~•irtue of this mortqage; and in the ecent said Alortgagor ~ha11 for any mason fail to keep the said prcmi~es so insured, or fail to deli~•er promptly any ot said policies ot iusurauce to said \InrtgaRee, or [ail promptly to pay tullv auy premium themfor, or in any respect [ail to periortn, discharge, execute, effcct. complete. compl}- with and abide bc this co~•- enant, or any patt hereof, said ~iortgagee may place and pay for such insurance .or any part thereo[ without wai~•ing or affecting anp option, lien, equity or riRht under or by virtue o[ this mortgage, aiid the full amount oi each and every such pa~went shall be immediately due and payable and shall bear interest trom the date thereoE until paid at the ratc of ten per centum per annnm and together wich such interest shall be secured by the lien of this mortgap,e. 4. To permit, commit or sufter no waste, impairment or deterioration of said property or an} part thereoE. 5. To pay all and singular the costs, charges and eupenses, including reasouable law~er's [ees and cost o[ abstracts of tide, incurred or paid at any time by said :~fortgagee because andlor in the e~•ent of the failurc on the part o[ the said ~(ortgagor to duly, promptly and fully perform, dis:.harge, execute, et[ect, complete. comply with and abide by each and e~•ery the scipulations, agreements, conditions and co~~enants of said promissory noee. and this mortgage, any or either, and said costs, chuges and expenses, each and every, shall be immediately due and payable. N°hether or not ehere be notice, de- mand, attempt to collect or suit pending: and the full amount of each and e~ery such payment shall bear interest from the _ date thereof uncil paid ac the race of cen per centum per annum; and all said tosts, chatges and expensa so inc~rred or paid. toqcther ~.ith sucl~ interest, shall be secured by the lien of this morcgage. ;oo~ 226 ~ i335 x . - ; .