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1~~~ snnu~. fu<p~l~ier wil'~ I~~r i~n~mertts. {~~~n~~~ilamNnis an~~ appwle i
~o ~iaue and to ~iold '
nanrrs t~u~n•li~ ~u~~unyin~~. a~u~ f~~r r~~~ls. issues anc~ pro~ils I~ierru~. unfo I~~e morlgugee. in ~e~ sip~pjr.
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,I Y SPIZP~ U 5~1~
~n~ f~~f~ morf,ryaqur ru~~e~~~ru~ls u~il~~ Ihe morfgaf~~~~ I~~al I~~e rtiurl{~agor is in~ Jensi~~y ~ ~
~~uul in Jri• cinip~i~: f~~~t f~~~ morlf~a~~or ~ias go~ ~ig~~l anc~ ~aio~u~ aufhorify to convey sai~ ~an~ as a~ore-
sui~~; f~~nl 11i~~ morf{~u{~or u~i~~ ma{re suc~~ ~urlher assurani•es to per~PCf 1{~e Jee simple tif~e to sai~ ~an~ in the ~
I morf~~a~~i•t~ ~s may r~asona~~ly be reryuirpd: f?~a! !he mort~agor hereby Jully war?ants Ihe tille to sai~ ~and '
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U/11~ l'~I'(~~ l~~ A~~ PlICU?Ilf)Itlfll'PS
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~ ~rouided ~lwnys, fhnt i f sai~ mortgagor stial~ pny unto saic~ morfgagee !~e certain promis- ~
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sorv notP IIP/PI/IQjf~r su~?sfaniin~~y ropipc~ or i~Pnti(iec~. to-wif:
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$ . ~ 8 ~p~-~~-- ,
FOR~ VALUE RECEIVED, the undersigned. j ointly and severally. promise to pay to the
order of -~T
~ at
~ , and no 1
the principal sum of rntTR'i`FFt~ 'I'Nn1iSA~m T[„m NtR~mRFil FTFTY_ DOLLARS~ with
intereat at the rate of Q 1! per cent per annum from MAn ~ 1 q.74 until
paid~ in instaUments as fallows :
Interest to be paid in quarterly installments in the amount of
~ $338.44 com~encing August 1. 1974 and the first day of ,tovember.
~ February and May each year thereafter until the whole principal
` amount is paid in full. The principal sum of $14,250.00 is to be
~ paid riay 1. 1979.
~ A late ~ayrer_~ charge not exceeding S°.o of the delinquent interest
~ and/or principal payment shall be added to each pay~ent remainin~
~ unpaid five days after its due date. and a like sum be a~ded to
~ each such payr.ier_t renainin€ unpaid five days after each succeeding
n~y~ent da~e .
~ '~he naker reserves the ri~ht of prepayraent at any time without
~
~ nalt~ in ~~iolet or i art
~ ~any ~n t~llmen e no promp~lyppaid 'within days next after the §ame be-
comea due, then, at the option of the holder hereof, the full amount remaining due upon
~ this note ahall thereupon become due and payable at once, together with all other inde t-
edness stipulated in this note and in the mortgage given to secure t e same.
`°y The makers and endorsers of this note further agree to «aive notice of non-payment,
protest and deman g~a~~ beycolleet d uponCdemand of xn attorney,htof paSt all cexpen es
z hereof or the same
of such collection, ,nciuding a reasonable attorney's fee thereon.
1. Prnceeds.. . ......$14,25~.OU
? . ?~'vrtga~ee ZYtle Ins . . . . . 144.00 - ( )
57.95 /-~L~trv TNGRAM SEAL
_ 3. Remrdirw, rees..........
4. Amoa~t ~~n~ced. . . . . . . . . 14 , 250 . ~J
- 5 . Fitti~noe ~~e. . . . . . . . . . ti, 76~. 75 ~ S ~ ~MIE INGRAM
:;;-s _ (
SEAL)
G. Tor.al paya~r.s.......... 2~,e1s.75 _
7, ~'~u~ual ~ercer~tage rate. ~ 1/2`~:,
_ ; TATE DOCUI•1ElvT~1RY STA:I'S I;: 1'E:E (SEAL)
K=~-= A2•tOUNT OF ~21.45 A1`TAC~:~D TO
ORIGINAL AND CAPTCTLI:D . DOOK 2~6 P~E 2254
_ (SEAL)
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