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HomeMy WebLinkAbout1858 ~ : ~~'i~r~Zfb~~Sr~i`!'r'~~.'SiS?',.5~.~.45!.4~ '.~~~.L'.j.~.•.44~r•.•.~::.•.•~'.•.•r~.~s•.~s'.•.•.•r•••.• •,•~•,•~.,.~.,~~y.~.~.~.~~~~~.~.~..'.'.•.~r~.•.'.•.•.S.~i ~ Apri l 8 t9 14 ~ ` S'1, (~~C------------------ ~ ~ : FOR VALUE RECEIVED, th~ undenipn~d, jointly and severally, PROMISE TO PAY to th~ o~der of . ~ : GFI3EVI~V-~ ~AbLC~-- - ~ - - - ------DOIIARS ~ { - - --~-----~I~-~D-F~~--~~4b - . - - ~ . . _ . ~ - 3:~ a:.u _Thousand-and-N.o - D- , -J~ ~_,___~1(s~wch other place as ths holde~ ~ ~ ~ art..ttt,t¢-+~-_~[a-d-t~a1 ~"~t-'~s'---'~.z",~~'~,-- - , at L~ X--1 L_/__b.t----- - - r , ~ ~ R ~ t--------- - ~ ~ - - _ : heroof may d~siynat~ in writin~ topether with interest m__~~- s? - at th~ nte of p~~ ~+ntun~ pe~ aenur~n on fhe unpaid bsl~nco until mstu~ity. The said principal and inte~est shall ~ be due and payabie as foliows: $141.10 a month,• the first p~yment beinq due one month from date , and to a continue each month thereafter until paid, for ~ term of five (5) years. This : sum ~i $141.1C paid each month sha11 first be credited to interest and e re- mainder to the princip~~ of tnts ~bligation. This note ma4y be prepaid at ar~y ~i~e w~t~.71~ n~1~tYu~ tln parawnt of aer inst~ll~nt ef p~cipal or inM?~st w+nr p~r1 tMr~of, tM whob su~w tMw nm+iein' ~ ~ iY ~a 01 . ~ ~ . 1- ~ V { Z unpsid wilh iwN~:t slull ~f (a s eplion b~cenN dw snd psyabb without nolic~. Fail~n ro t:~~cis~ svch ePliow shaq wef cowstit iv~? oi th~ right ro~x~?cis~ tM s~w~ M 1~ ~v~nt of subs~qwnt d~fauM_ AN~r m+wrilp botb principsl and accrwd ieM«sf s6+U b~~r ieNnsl ~I p~r t~nlvw i ~ per ~navw~ wNil psid. TM ~waksa aed ~nde~n of tAis eot~ fvrtMr w~iv~ d~msnd, eofic~ of nenpaynwnl ~Ild costs~ef colMction, ieclvdiny, sll" ourl : n ~ msluritp ~wd tM s~ww a plu~d wit6 ~ atrorn~y tor coll~ctwn. tlM ~wsbn +nd ~ndors~n Mnof ayn~ M p+r ~ ~ costs aud n+sMabb ~fro^~~y ` : ~ ~ , ti ~ : ~ . : -----------.Al~hle-L-. -Dean_,_. Jr... LS _ _ _ (s~?~) : . - . A~ chie L. i:~ean, Jr. - ---...Ellen__E_._L~ean._~5-- - - - - - ts~?~) ~ nnen: Ellen L;eaa cs~?~~ : _ - - . - ~~~1fi~~f~~~~T~~~1~ffl~fl~fJ~~~1~r~l~1+rl~fr~1>I~~jI~l~I11~I~I~f~f~1~fl~l~I i~~flf1~I'?~?~l~I~~~~?~1~~'i~if1~1~I~I~I~~~1~r~l~~~I'~~l~i~I~i~~~1~I~I~1I~I~I~I11~I~I~I~i~I~f~I~I~I~I~f~,I~~II~t~!- and shall duly, prompUy and fully perform, discharge, execute, effect, completP, romply wdh and abide by each und every the stipulations, agreements, conditions and covenants of said prom,saory note and of thia mortgage, t,hen thia mortgage and the estate hereby created shall cease and De null and void. It is understood that each of the words. "note," "mortgagoY' and "mortgagee" respectively and the pron- ouns re[erring thereto, whether in the singular or plural anywhere in th18 mortgage, ahall be singular if one only and ahall be pluml jointly and severally, if more than one, and shall bc masculine, teminine and/or neuter. wher- e~ er the context so implies or admits. i And said Mortgagor !or himaelt and his heira, legal representetivea. successors and esslgna, hereby coven- ~ anL~ ann agrees to and with esid Etortgagee, hia legal representative~, successors and assigns: ~ 1. To pay all and singular the principat and Interest and We varioua and aundry aume of money payable by ~ virtue of said promissory note. and this mortgage. each and every. prompUy on the days respectively the same E neverally become due. ` 2. To pay all and singular the tsxes, a~sessments, levies, liabilities, obligations and incumbrances of every ~ nature and kind now on said described property, and/or that hereafter may be imposed, auffered, placed, levied ~ or assesaed tbereupon, and/or that hereafter may be levied or assessed upon this mortgage andlor the in3ebted- . ness secured hereby, each and every, when d~e and payable according to law, betore they become delinquen~ ~ and before any interest attaches or any penxlty is incurred; and in so far as any thereot is ot record the same ~ shall be prompUy satisfied and discharged of record and the original official document (auch as. tor instance, ~ the tax receipt or the satisfaction paper officially endorsed or certifiedl ahall be placed in the hands of said ~ :Kortgagee within Len days next after payment; and in the event that any thereof is not so paid, satisfied and ~ discherged, said biortgagee may at any time pay the same or any part thereot without wai~ing or affecting ~ any optibn, lien, equity or right under or by ~ irtue of thts mortgage, and the full amount of each and every ~ such payment shal! be immediately due and payable and shall bear interest from the date thereof unt:l paid , ~ at the rate of ten per centurn per annum and together v?-ith such interest shall be secured by the lien of thie mortgage. N S. To place and continuously keep on the buildin~a now or hereafter aituate on said land fire and win s orm ~3.X111141~j1 in auch com- ~ insurance in the u.QUal standard policy form, in a sum not less than pany or comp^hies as may be approved by said 1?lort~arre: anci al! such insurance policies on any of said build- : ings, any interest therein or part thereof, in the a~~rrgate sum aforesaid or in excess thereot, ahall contain ths ; ~ usual standard mort~agee clause making the luss ur.der said policies, each and every, payable to said Mortga. ~ r„ r,: gee as his interest may appear, and each ar.d e~•er3 su~•h pnlicy shall be promptly delivered to and held by eai ~ biortgagee: and, not less than ten davs in adean~e of the expiration of each policy, to deliver to said Mortgagee ~ a renewal thereof, to~ether with a receipt tor ihe premium ~f aurh renewal; and there ahall be no such insur- ~ ance placed on any of said buildinRs, any interest therein or part thereof, unless in the form and with the losa z~: payable as atoresaid: and in the erent any sum of money becomes payable under such policy or policies said ~ MoriRa~ee shall have the option to recei~•e and apply the same on account ot the indebtedness secured hereby or to permit said Mort~agor to receive and u~e it or any ~art thereot tor other purpose~ without thereby waiving or impairing any equity, lien or ri~ht under or by virtue of ttiis mortgage; and in the event sald Mortgagor ahall for any reason fail to keep the said premises so insurcd, or fail to dellver prompUy- any ot sald policiea of ° insurance to said atortga[;ee, or fail prompUy to pay tiilly any premium therefor, or in any respect tail to per- - form. diacharge, execute, effect, complete, comply ~vith and abide by this covenant, ~r any part hereoi, said Mortg- - ngee may place and pay for such insurance or any part thereof without waiving or affeCting any option, lien, equity or right under or by virtue of thia mortgage, and the full aq~ount of each end every auch payment shaII ~ be immediately due and pa~•able and shall bear intPrest from the date thereot unt11 paid at the rate of ten per - centum per annum and together with such interest shall be aecured by the lien oi thte mortgage. . 4. To permlt, commit or sufter no waste, impairment or deterioratton of said property or any part thereof. 6. To pay sll and aingular the costs, charge~ and expenses, including reasonable lewyer'e feen and coet ot abstracts of title, lncurred or paid at any tlme by said Martgsgee because and/or tn the event ot the fatlure - on the part ot the said Morigagor to dulv, promptly and [ully pertornn. dJscharge, execute, effect, complete. :~::t complq with and abide by each and every the stipulation~, agreement~, conditlons and covenanta oi said promis- sory note, and Utis mortgage, any or either, and sxld costs, charges and expensea, each and every, ahall be im- mediately due and payable, whether or not there be notice, demand, attempt to collect or auft pendtng: and the tull amount ot each and every auch payment shall bear interest trom tha date thereoi unt11 paid at the rate o! t~'~-T ten per centum per annum; and all eaid cwta, charges and expen,e~ so ~ncurnd or paid, together with auch !n- - terest, ehW bs secured by the lfen of thfs mortgage. y,r~i v~; y_.,~ ~ - ;~~226 ~1~57 ~ _ _ - - ; - - _ _ p: . _ ~ _ e .t~ ~ j ~ - ~ ~.s _ - _ _a