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1'NO~'lll1~:U~ AI.R'Al'1, that if Ihr ~1urlKa~;ur ~haU ~~ay umo lla• \l~•rt~.~~;~~ ~~u• it~~irL~rdnr•~ r~i~lrm•e~l hy ~ •
certain promiisur~• note of which Ihe fallow~ng in wonis a~d (i~;urc~ ie a true cup~ tu-wit:
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• 1 66G .67 rt~c•, Yor~: •f»xeo March 15 - ~ ~
• FOR VAIUE RECElVED the undenigned p~omises to pay to the o?dcr o~ ~nT1:LL,T: ~1C~ILIIQ ~ _
_ _ fl+e p~incipo) sum ol
;?~Tr~N TtiOUg ~ gIX F~UN~Do I~ors S 1 r' ~ i'r'~~ 1. togcehc? .+itb inteeest the?eon from dotc ol the rote of
~ ~'-SIX & G~; 100
?1C~rlt percenL pe~ ~~nnun~~~~~ mafurily, both {~.~ncipa~ an~1 infe?esf beinq poyoble in lowful moncy of fhe Unifed Stoftf, Ot itf
~,;,~,~,a'~~r a~ l~~l Di~~lom~t P~r):~•~.i~~, [t,:! lr~nci.~lc~, Floric3.~ -
~~;J principol su~n ond intcrest to be poYoblc on the dotcs cnd in the omoun?s os spccificd bclow, ro-w;~: PrinciF~zl ~ayable 1T1
~-.-en (7) consecutive annual installments together. c•rith interest on ungaid bal-
`~~ce. The first principal payment in '~l~~e amount of $2,238.10 plus interest shall
,~~ue and pay~ble on March 15, 1975 ~ncl a ti.ke stim p?us interest shall be paid on ~
~:,c}i March ].5th thereaf~cr ror the ~ol ]oc•:in~ tliree (3) years; the nrincipal sum ,
-~2,238.09 plns interest shall 1,e nz~.c1 ~n I~lzrch 1~, 1979 and a.like sum plus
^-~`~rest sh~ll b~e paicl on e~ c~~ P~Sa~'ctl lr>tl~ ~hc~rc~ftrr for the follo~•ring t470 (2)
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Note may be prepaic~ in c•:ho] ~ or. in pzrt ~t anv t ime e•~ithout ~~~nalty. ~
C~.~~h in~talhncnt pa)~mcn!S Sh~~'~ ['e a4P~~r:1 th= intc-r;t c-cru n, u^.~~•~ thc tCrm: •~f th~s n:~!c an~! ~~~~•n M: rc'~uCtioll Of thB
~ rnI mdebte:lnes~ ~
„ t n •e~': ~••s ne~e..e•v t~ ~.o~d each ol ~
, n,eler •~.d Mdo•~r• ~e.r~atly .~.a,~es der,~s•,,i. P'^'e~• n....f r: ro ~.ert c^ :~~e.r~r1 i,...~~~ w... h..
~ • e!,!e as meke~t •n1 er.dn•se•i. • ^ ~
, rna\er ao-.i en~iorser a•~•tes. ~^~^~~v nnd s~.e•e~'v. ~n p~~' a~t r~ti•a ~l cr~'~c• :.,n: d.r:i ~•entc~~nt_~w e••:,-.•ey"t lert c.~:e . ~ p~~n~.n..l tR~s nrt~ •n eny .
. . . . t!.~ p•~n~~pa! or t~y .n•e•t•.t e• recn .t :•-.t prd .Y e rtat~~ • :e r i ..Y . 1 . ^ ~ ia- • i ~ . ...et re~e::~•y prcrrc! t• 1e ir.,•~tr ~~:e Nl~e•/~r s~it ~ ?
, rni n~ we~' ri f nym•,~,t r~f i!r...•rey~s ft~ti ec,c.~~' !
1 t~n a.,..~r. ~.~T. r,~a!:~•ny onr i pa d
• s cote and de`e-red ~ntereae p.,yrcent~ ~Fe~t ~IIV~E'vJt t~e •a~e o[--- ~r~• c
ro~e :t tr:~•td hy a~~~rCL4c3i!n. ~'~r• ,~.c~e o~ e.en ~~e•e 1~r~r.:c~ •~i ta ro°~t'•i,e~i ecd en~orrej •:rrd~rq •o tt.n lewa o} tFe S•ree o} ffprid~: .
,~^~n~..~!t in t'e;re~r cf p.~^.,t,~! t-.~1 ,r:•re~r'~_. cr. eny r_ ~e:c~e~ ~i ~ad •-o.•a~7•, n~~..a-r~,e~ fo ~e!vr.d e^:~ rem~:n:nq ur.as~Q ~fisN ftrthwilfi be:om• 4
.._--.1 payth'a rav.ltk~•e:+d~n7 ft~a~r tener, ¦t the o?t.•Z ~:f 7F-O ~~~der. ~ C'~~~7~~11nrT
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and ehall perfonn, comply with and abide b~• each and every the stipolatione, agreemenb. condition~ and covenanb of
eaid promissor}' note and of this deed, lhen thie deed and the eetate thereby created ahall cease and be null and void.
1. The Aiortgagor hereb.• co~enante and agreee:
To par all and ~inKular the princip~l and interett and othK sum~ of moner p~~able I~r ~irtut oi wid promiuory aote and t6i~
deed. or either, promptlr un the day~ re~peetively thr ~amt Et~erally bteome~ due.
~ Ib1 To permi~, com~~it or suHer no w~~te aod to nuinuin lhe impnvemeat~ ~t ~il ~ime~ in a s~ate u( Rood repair a~d coodition; ~nd
I to do or permit to t,e ~on~ to said pren~iata ~othinR that ~+ill aher or chanEe Ih~ ust •nd th~racter of said prope~ty or in ~~y ~+~Y
j imp~ir ur weaken the ~~euri~y u( thif mort~a6e. And in ~~e o( tbe refu~al. ne~dcet or in~biliqr uf ~he ~1ort~Ror to rep~ir and m~intain
~~id property, the ~tort6aRee m~y. at hia opliun~ mske ~ueh repaira or ~~u~e the ~~mt to be rn~de, and ~dv~nee moners in that btlt~lf.
Icl Tu pa~~ all and •inRulrr ~h~ traea. ~sstsuneol~. levit~. liabiliti~~. ¦nd obli6ation~ of e~ery n~ture on wid described pru~enr t~ch
` and e~'ery ~vhen due u~d pay~ble accotdinE to law~ before they becomr dtlinquent. ~nd t~ deliver to the \1ort~s`ee on or btfore M~tch
~ 1Sth a( e.ch ye.r ~•x rece~pts e~•idencinr t6e parn~rnt u( d! I~wiully impoaed ta:es for the precedin6 c~lend~r yt~r to indemnit~ the
~ Nor~`~dee upon hi~ demand for all uxt~. ~weuu~cntc ~~d charEet th~t maY Lt r~~essed upun this mon~6e on the indebtedneu steured
herebr. and p~id by the murt~sRtt. wi~hout ~e~arJ ~u ~uy I~w heretoture enac~ed or heredter to be enacted i~npo~ing parment of the
~ whole or ~ny p~rt ~hereoi upoe the Nort6~~cee.
Idl To par all ~nd ~intul~r the cu~u. clur6es ~ud ezpenas. ineludiaE I~wr~en (en •nd •L~tr~ct co~ts rea~on~bly ineurred orp~ id u
~ anr time br the Nortp~ee tncw~e uf the f~ilur~ on thr p~n of 4he ~fort~Eor to perfurn~~ ~on~ply wi~h •nd ~bide b~ eaeh ~nd every
~ thc stipul~tion~, ~~reemenu. cond~tiuns rnd cu~emntt u( uid ptumir~utr note and t6is dced. or either, •nd every weh payment ~hall
be~r intere~t from d~tt n thc nte ut 1096 per aYlI1L1Ill.
(e) lt i~ turther eoven~ntcd rnd rEreed by taid partin thn in tlx e~em of ¦ tuit bein6 instituted tu tore~lose ~hi• monp`t. t}u Mon-
~ p~ee ~1ull be entitled tu applr ~t ~oy ti~ne pendina tuch forcclowrc suit tu the court hsvins juri~Jictiun eLereof for tht appointment
ot a reeeiver ot all and •in6ul~~ the murtg~6ed property. ~nd ot tU rcnu. incumcs. pro6t~. iaua and ~evennes therto/, (rom MIlal{O!V!f
~ ~ource derived; ~ed thereupon it i~ herebr e:preuly co~en~nteJ snd •Freed tl~at the Coun ~h~ll forthwith ~ppoiot ~nch reteiver r?ith
the u~u~l poMren ~nd dutic~ of reeti.ers in like c~tes; ¦nd said ~ppoinunent shsll be m~de bp the court as • mttter o( ~tri~t ri6ht tu
the ~1on6~Ree. •nd without reference ~u th~ ~deyu~cy ur irudrQua~r vf ~h~ ~rlue o( the propeny hereby mort6aRed. or to Ihe wlveney
~ or insolvener of the titonE~`on or any uther p~ny defendmt tu •u~h ~ui~.•'The MortEaEor herebr spe~i6erUr w~ive~ t6e ri~t w
object to the ~ppointment of • ~ecei.er .~E ~fu~e.aid .nd h~rebr ~prr.dr eontmts th~t snch .ppr,inunent shsll bt ~nade ~n ad~nitted
~ eqaitr and a~ ~ m~tter of ~b~olute riEht to the Non6stee ~nd tly~ Ihe ~ame m~y bt dont ~.ithout noti~e to ~hr Nort~6or.
~ (t) I( ioreclo~ure prurcedinp shuulJ be instituted apimt Ihe pru{?etty covtreJ by this mortEaRe upun anr other lien or ~laim whether
dle~ed to be •uperior ur juniur tu the lien o( tbis ~nutt/r6e, thr 11or~Fi6ee mac ¦t lus option immedisitl) upon in~litul~on o( ~ueb
iuit or durins the pendency th.nuf de~-I~re thit murtRa6e •nd 16t indebtedn~ss ~ecured hertbr due and p~~~ble forth~v~th snd may ~t
iU oplion proceeJ to forc~~lore lhis mnrtF~~t.
1~1 Tbat the 11or~~6or wJl keep sll r~~l and perwnd prupert) noa or h~rr~fter rncumbered b~ th~ li~n uf Ihi~ munpRe inwred
~ ~s m~y be rcquired frum tim~ tu u~ue ky t6r Nort~taRee r6a~nst Mas t.y fir~, w~nJuunn ¦nd oih~r h~z~rdc, ~ssudtitc ¦nJ ~•onlinR~n~ie~
(or w~h period~ and (or uut lees ~han •u.~h amuunts u ma~ be required br th~ ~lonpRee •nd to p~y proniptly when Jue dl premiums
tor •u~h iniuran~e. The ¦muun~f uf inwrroee required br ~h~ rlortRaR~r :haU be ~h~ unni~uun: auiuunts fur wliirh Eud inrur~n~e sh~ll
be wriuen ¦nd it shall be in~ umL~nt upun the ~1urtEaEor to m~inlain fu~h add~tiund ~nFUran~~ aa u~ry Le n~~~esary to meet anJ ~omPly
fullr w~~h al) co-in~ur~n~~ requiramcnt~ cont~ined ~n wid poli~it~ ~o ~ht enJ thst the uid ~lortpRor iR no~ s ~o-inwror ~h~r~under.
In~unn~e shall L~ wriu~n by ~~~~mpsny or .-ump~n~d •pproved or ~ksiFn~ted by 1h~ ~'IorlpRet and all puli~iet •nd ttntw~ls Ihertol
~h.ll be held Lr ~he \tortKaRec. .~?11 deuiled de~iRnHionE by ~hr !?tor~R•Ror ..hi~h ar~ .ccep~~d br ~I~e }1ortR~Ree and •II aRr~emem~
= betwten ilortR~Ror ~nJ ~fur~FrR~~ relatinR to incursner. cso+r exi~~u~~ ~~r h~r~dtrr made, ahall be in writinR •nd ~h~ll b~ ~ pu~ of ~hu
" mortRaRe aRreemrnt u fully as thuuRh set ronh ~~erba~im hereid and ehall ~tovern both p~r~i~a hereto and their su~~?swrF' md aasiRnE.
No lien upon ~nr of ui~l poli~ieF uf inaurane~ or upon ~ny refund ur rnurn premium Nhi~h m~y bt psy~ble un lht c~n~~ll~tion •r
~~;;a t~ro~in~l~un Ihereof, ahdl i.~ Ri~en !o other than Ibe ~lortpRee, r+.~~pt by proprr .n~lun~u~rnt •Ifixed lo sueh poli~y snd •ppruv~d hy
- NortR~Rer. F.~~h policY o( iosu~an~~ ahsll h~xe ¦ffixad tb~retu • Wandard V~w ~~or{. ~1or1R~R~~ t:lauK withoul Contribwion, mak~nR
- dl losa or loaca und~r ~u~h pol~.•~ pay~bl~ to ~ht titortEaFet aF itt int~r~at m~~ •pprar. In ~h~ e~~nt •nr wm ur sums o( muney l~e~om~
p~r~hle ~h~r.und~r ~h~ ~In~tR~/r~ ahrll h~vt the option ~e r~~eivr and ~pply tht ~~m~ on a~~oun~ of th~ indebtedn~a h~r~hy e~cured,
or Iv prrmit Ih~ !NortR~Ror to r«eiv~ and use it. or •nr p•n tl,er~o~. wilhoul th~reby waivinR or imp~irinR ~ny ~Quity. li~n. or nRlu
undir .od br virtu~ o( thi~ mor1R~K~. In ertm of low or phrii~'a~ d~~n~Re ~n th~ mnr1R~R~d proptrty Iht Mor~R~ for ~hsll Riv~ immt-
A' di~te onli~e th~rcof by nuil to ~he ~ton~Ree and the Nort~R~c nuv makr proof o( loss if ~h~ wm~ i~ not m~d~ promplly br the
Nur~RaRur. In evrn~ o( fore~lu~ure uf thi• mortR~Re or othet Ir~mfer u( ~iUe to ~he mor~R~`ed p~oper~Y m tx~inRuishmen~ of ~h~ md~bt-
r":' ednes~ ~~cured herelrr. •11 ri~tht, title •nd intere~t o( tht ~1onR~R~r in and to ~n~ inwnnce poii~iu ~hen io (or~e ~hdl p~a 1o tbt
~ purch~~er or 6r~ntee
(61 To perform. comply rrith wd ~bide b~ e.~b ~ad every t6e rtipal~tiow~ ~~reemeota, condition~ ~nd covcwnu is aid promi~wrl
~;;r,a
~ note ~nd in thi~ deed set forth. dQOK ~if ~009
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