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Home My WebLink About1422 h+fi~v?~+~?e'?~s~t ti : ; _ '~i i 70 000.00 STUART, Fio~~ds, -.----_-ADri~---~~-~- 19.~.4_ : ----------t---------------- - ~ FOR VAWE RECEIVED, the undersigned, jointly and severally, PROMISE TO PAY to the orde~ of - ~ T~1fR~t~i $~$_~~--~-..~Ql~~__~~--~r-~t10II------ ~ ~ --l~e•! DOllARS ~ ~ -~~i~f1/---•-'N~~~w~~M~M~~~~~~~~~~~~"--^!l~i~?_!!- - i : ~ ____or such other place as the holder } ; at ._.J~--~S---l~'la]Clda+---- - - - _ .ti hereof may designate in writing, together with interest from date at the rate of _ per centum per annum on the ~ ; unpaid balance until maturity. The said pri~cipa) a~d interest shalt be due and payable ~ TOll~~: ~ nt b~ing dn~ oae iooth iros ~ s889.9Z a~ontti, th~ iir~t pa~ ~ 18T4 snd continuin~ ior eacti aontb tti~r~alt~r until paid. s•a~a o ~~88s.91 paid ~ach ~onth •hall iirst b~ cr~dit~d to inter+st and th~ Z rNaai~d~r to th~ priuclpal oi ttiis obligation. Thi~ not~ ~y 1~ P~P~?id at ~ny_tia •ittiout p~nalt~. ~ ~ ~ q/~ . ~ It def~utt b~ ~'.~d~ fw ~7~l. d~ri in tM paY~t ~ MY inatalVn~nt ot p?inupal a in?~r~at w~ny pan ~hereof. tM who!~ w~+ ?hc+~ rems~~:~9 : unpsid witA in~e~est slull sf holdn's op ~ion b~com~ due +~d wr.b!. without notic~. Failw~ a ea~rus~ a~ch opfion shall ~of con Lf~turo s wa~~e. ot ~l~e ,:qn~ . j. ro ~aacis~ IM s~ in th~ ~w~t of wbs~4~1 def~ult. After rnatvnry bod+ O~iecip~l and ~ccrwd int~ryt shall b~+r interest at 1~ pe~ uef~m per ann~m • _ ~nril p+id. iM e++kus ~nd endon~rs of this non fwtlwr w~iw drn+nd, na~ of ^o^'a+Y^'~^t +~d a°~yt. If t~~a nofe ~a no~ W~d'7 n+~r,~,ry and rhe ssme ~a ~ .j. plxW with an ~ttwetY fw cdMc?~a^. th~ ^~KS ud ~~s a P~ +~1 co~y °f ~°tl~ction, includ~n9 •11 cam cosn and reason+bl~ a~~«ney iee~. ~ ~ DQj~jAj,D C . HAYDSN (SEAL) ~ ~ . , • l csE,~,~, - - - - ~ -----------~~---~--~-----p v... • • ~ ~~5~l~PS~'4' ~-.-s».k'M.'~s'w?sv+ ~s h'wM~.ti-rh'~-}s-~.'~C?~.' 7».ti.;..; .}.y.r. '~,t,: and shall duly, promptly and fully perform, d~scharge, exec~rt~, e(fect, complet~, comply w~th aad abide by each and everp the stipulations, agreements, conditiu:is and covenants uf saiJ prwnisaory note and ot this mortgage. then this mortgage and the estate hereby created sh:ill cease and be nul! and ~•oid. . _ It is underatood that each of the words. "eote," "mortRagor' and "moR~agee" mspecti~•ely and the pron- oun~ reterring thereto, whether in the sinRvlar or plural anywhere in lhls mortgage, shall be singular if one only and ~hall be plural jointlp and severalty, if more than one, and ~h:?Il be inx.gculine, fem~nine and/or neuler. wher- ever the context so implies or admits. And said Mortgagor for himsel[ and his heirs. Iegal representatives, successors and assigns. hereby coven- ants ano agrees to and with said 1?tortgagee, his legsl representatives, successoc's and as9igns: 1. To pay all and singular the principal and interest and the vaciou9 and sundry sums of money payable by j virtue of said promisaory note, end this mortgage. eech and every, prompUy on the days respectively the sarne ~ eeverally become due. ~ 2. To pay all and ~ingular the txxes, asses-sments, levies, liabilities, obli~ations and incumbrances of every ~ nature and kind now on said described properly, and;'or that hereafter may be imposed, autfered. placed, le~ied or assessed thereupon, and/or that hereatter m~ty be levied or a~sessed upon this morigage and/or the indebted- ness secured hereby, each and e~•ery, ~•hen d~ie and ~~ayable acconiinR to law, before they become delir.quent, and before any interest attaches or any penalty ~s incurred; and in so far as any thereof is o[ record the same shall be prumpUy satisfied and discharged of record :uid the onKinal o[f~cial document (such a~, for instance, Lhe tax receipt or the satisflction paper officially en~f~rsc~d or certifiedl shall be placed in the hands of said Mortgagee K'ithin ten days next after payment; and in the e~•ent that any thereof is not so paid, satisfied and discharged, said 1ltortgagee may at any time pay the same or anv part therec~t ~rithout wai~ing or atfecting any opii0n, lien, equity or right under or b} ~~rrtuP of this mort~Gagc, and the full amount of each and every such payment shall be immediately due and payable :?nd sh:itl bear intcrest from the date thereof ~mtil paid at the rate o[ ten per centurn per annum and t~~geth~r wzth such interest shall be secured by the lien of thie mortgage. - 3. To place and cont~nuously keep on the bu~ldin~s now or hereafter aftuate on said land fire and wlndstorm Maximum in 9U~n ~oT,,,- insurance in the usual standard policy form. in a sum n~t less thar? S. pany or comp-~ics as may be appro~~ed by ca:~1 ~lortr~a~~~e: aml all su~h insunnce policies on any ot said build- ings. any interest therein or part thereof, in the. ar~n•k:ite sum aforp9aid or in excess thereof, shall contain the usual standard mort~agee clause makinR the l~~~s ur.~i~r said [wlicies, each and every, paYable to said Diortga- gee as his interest may appear, and each ar.d P~'P: se~~•h p~Gcy ahal! be promptly deli~•ered to and held by said Mortgagee; and, not less than ten davs in ad~•ance of the expiration ol each policy, to deliver to said 1?tortga~ee a rene~val thereof, to~ether v~ith a receipt f~r thP prPmium nf vi~rh rPn~wal: and there shall bc no such insur- ance placed on any of said buildinRs, any interest therein or part thercot, unless in the form and with the 1~ payable as aforesaid: and in the e~•ent any sum of money becomes payable under such policy or policies said Mort~aRee shall ha~•e the opti~~n to receire and apply the same on account ai the indebtedness secured hereby or to ~rmit said :~iort~a~ar to mcei~e and uce it or anv ~Art thereof for other purposes without thereby waiving or impairing any equity. lien or r.Rht under ~r by ~ irtue of this mortgage: and in the event said MortgaKor shall tor any reasm fail to keep the said premisrs so in~ur~d, or f~.i! to deliver promptly an~ ot said policies of insurance to said DtortgaRee, or iail ~romptlp to p:?v fully any premium therefor, or in any respect fail ta per- form, dischar~e, execute, effect, complete, comply ~~-ith and abide by this covenant, or an~ part hereof, said 1lortg- ~ agee may place and pav for st~ch inqurance or any part thereof ~vithout wai~ing or affecting any opiion, lien, equity or riqht under or by ~•irtue uf this mort~age, and thc full amounc of each and every such payment shall be immediately due and pa~'able and shall bear intPre~t lrom the date thereof until paid at the rate of ten per centum per annum and together with such inierest shall be aecured by the lien of thla mortga~e. ~ 4. To permlt, commit or ~ufter no Kaste, ~mpairment or deterloration of said property or any part thereof. 6. To pay all and sinRular the costs, charges and expenses, including teasonable lawyer'a fees and co~t ot ~ abstracts ot title, lncurred or paid at any tlme by sald 1?tortgagee because andior in the event of the fallure s: on the part o[ the said Mortga~or to duly, promptly and tully perfor~n, dlscharge, ea~ecute, effect, complete. eomply with and abide by each and every the stlpulation~, agreements, conditlon~ and covenante of said promL~- sorq note. and thls mort~aRe, any or elther, and sald cnsta, charge~ and espenses. each and every. ahall be tm- mediately due and payable, whether or not there be notice, demand, attempt to collect or ~uft pending: and the . full amount ot each and every such payment shall bear interest from the data thereot until pald at the rate of ten per centum per annum• and all aald coste, charge~ snd expenses eo fncurnd or paid, together with euch !n- terest, ~hall be secured by the Ifea of thls mortgage. - . Q~ ~ PA6E~~~ ~ - E:~~ i _ - _ _ _ ~