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Home My WebLink About0411 ~ ? Ll.~.~.46~?S.S.•.S.•.:•,S.•.?.~.•.•.•.•.S.•.•.?•4?.•.•.?.•.'.'.•.?.~.•.•. r~+"~+~i7~ STtiART. ~LOOtIOA Ru~usL.Zl. ~97~ ~ ~ : 531.950.00.------- - - ~ FOR VAIiJE itECE1VED. th~ undersi~n~d, jointlr and sov~?slly. PROMISE TO PAY M tM or~~? of. . ~ ; IRVIN6 0. - - - - - . - - - /~~'w - ~ •~~~~~`~~!~~~}~~~~!!l1R~_R~lwlf7~lww1~~-~ei WIV~~ 7H~RjY t,~_~~A!!~_11INE.l~lNDREL1--fIFIY_.a~d_ r~-1Q~__------. ' ~ , at ~__~~~~__~.~IR8s--1.~QWi~ ~dCh?.-C~llt.---~5.~ - or such otha~ pfacs as th~ holder ~i t hers~ n~~y ' nst~ in writin~ to~1hK with Iet*ns! from ------~L~-- - - - - ~ - ~ at th~ nt~ of~.--------- p~ ~~~m PK annun~ on the unpaid balance until msturity. The said principal and ietsnst shall be dw and payabl~ as folbw:: ie 14 se~ai-an~uai lnstallnents of i2,284.14 each plus lnterost on no unpai d bal ances Mtri ch sai d 1 nstal lwents sM?11 caa~ane~ Februa~y 21, 19T5 and shal l contl nu~ : on Lhe 21st d~y of each Febn~ary and August th~r~atter until 7 years iro~ dat~, at r+hlch :~tiime the entlre princlpal Dalanoe, ~th Sntere=t, shall becaae due and payable. The prlvile~ :of mnking principal p~y~ents plu~ accraad intans~ in advance of the due dates Nithout ~ ; penal ty 1 s retal na6 b,~? the ~aker. ~ ~w 11» ~wt ei a~r iwdsliw~wt d p~iweips) e? iwMrrst er ~ur ~rf IMnef, tM whoM suiu tMw eswNieinO ~ . If d.favM b. .ad. f.. ~Y. dsys ' Mr u unp~id ~ri1A iwlN~s1 aA~M at i»I~rs eplNw Mce~M dw ao~ ~ar~YM vr:tl»rt wtia. faihn~ N na~ciM srcl~ e~tia~ sb~N wof cowst~hih w~+w~ of tM riqht te ~xKCiw N~t sw i~ tf» ~wwt of srbs~qwwi d~faoh. Afhr watwiql Priwcipal spd sccrwd iaN~st sl~p Ms~ iat~mt ~t ~ p~? c~aw~u ~ iM askMS a~d ~wd~rsen ~f tiws ~oN WdhK wsiw d~maed. wotic~ of wory+Y~wwt swd p~ehst. 1f this wef~ is aot paid a~ p~r wnw rw1~ '+i~• sN cosb ef colMclios, in a0 ceurl 4 mawritp asd fM saww is pl+c~d vrit~ ~w sMww~y fer collMiew. tM wakers and ~wders~ss IMnef ~yn~ to p+r ~MY ~ coah iwd rNfMa~ a~~M1 _ ~ s . ti ti , ti : ~ -----Ys!_~lc _1~~tJ.l-~s~U-t+C.-iJ-~ `~!~c!5~~ (sEAI) : W. R. t.a?ughon, as Trustee ; . ~ ~ - - (s~?U ti , attest: - - - - - . - ' _ (SEAL) ~ . . - - - - - _ ° ~ i ~ i ~i ~i ~i ~i fi ~r - +f ' ~i fi ~i~i ~i ~fs ~i ~i ~i~i ~i fi ~i ~i ~i ~i ~i ~i ~i fi ~i ~ i ~ i ~ i ~i ~ i ~i ~i ~ i ~i ~i ~i ! ? ~ i ~ i ~ i ~ i ~ i ~i ~ i ~i ~ i ~i ~i ~ i ~i ~ i ~ i ~i ~ i ~ ~ ~ ~ ~ ~ ~ i ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ f ~ ~ ~ ~ ~ ~ ~ ~ ~ f i ~n~i ~i~i ~ and shalt dul~•, promp?!y and [ulh- pertorm. diul?arge, execute, e(Fect. completc, compl~ ~.ieh and abide b~~ each aud e~•ery• the stipulatiou~,agreemeu~s, condicious a~~et co~enau~s o( said prc~miswry note and of this mortga~e, tLen this mottgage and tl~e e~eate herei~v creaird shall cea~e aud 1?e null aud cc~id. It is uuderctood that each of the ~+ords. "note:' "mortp,aguc" and "mortgager' respecti~ph• and the pronouns rete~ring thereto. ~.hctt~cr in the singular ur plural ai~}~.hrrc in this mortKa~e, sLall bc sin~ular i[ ouc onl~~ aud .haU bc plural joiutlr aud seceralh•, i( more tLau one, auct sl~all I~e ma~culine. teminine aud'or neuter. N•here.~er the coutext so impfie~ or ad~nits_ ~nd said ~longagor for himsrlt and 1?is heirs. 1eRal repre~.eutatices. successon a~~d at~iGns, hereb~• cc~.enan~s and agrees > to and with said Jlortgagee. his le~al rrpreseutati~•es, succcswrc 1nd assiRuc ~ 1. "I~o pa~~ all and siuKular the principal and interest a~id d~c ~•arious aud sunctre sum. o( monc)~ pa~ab~c b~ ~:rtuc of said promiss~m~ !iote. and t6is mortgage, each aud e.en~, promptl.• on [he da~•s rec~ecti~•eh• ~he •ame sr.e~alh i.ecome due. 7'o pa~ all aud singular the taxrs, as~ectments, le~•ees, liabilieies, obligationc and i~~rumbrances uf e~en~ uature and kind nmr on said de•cribeci propertc, aud:or that herra[trr m:ty be imFr~s~Y1, suUerecl. plact~l, le~-ied o~ a~se~u~ei ther~u~wu. auc1,'or that hrreafter ma~• be Ie~-iecl or a,sc,crd upoii this mort~aRe and ~or the i~ictebteelnrss securei hereby. each a~ic1 ecer~. ; - tcrc.t attac he: ~~r ar~~• ~ialtc ic o l;i~v t>rtore the~• become drGn i~er.t. :u~ct ix~fore a~~ m . Nhen due anci »~able accord~ i~ t . , q I. in~urrtYl: and in sn [ar as am~ therrof is of record che same stiall Le pminpih• s:~tistied aud diuhargcYl ot rreord aud tl~e ur- irinal ofiicial documc~~t (~uch as, f~?r instanc^, d~e tax rrccipt or tlic sati,factiou pa~~cr o(fici•rlh• cndorsrd or crrtiGcYl) sl~atl - be placed in ehe ha~~ds of s:eid \InrtQafire ~.ittiin ten i:a}~s ucxt a(ter p.~~mcnr. and in the e~~ent tli:ll ~n~ ti~cre~~f is not so p:.id, satis(ied aud dixhargecl. caiet ~(ort~agee ma~• at an} cime pa~~ the +ame o: an~~ part thercr( N ithout ~caiving or ai(ect- iuR :~u~~ option. licn, eyuity or ripht under or bv ~•irtue of th~, mortga~e. and the full amount ot rach and e.-en• sudi par- ment shall bc immediatelp duP and pa~able and ~hal! I~ear interest irom the date tlicreof until ~aid :+t the rate of tca pcr centum per annu:n a~~d topether ~.ith such intrrest shall be secured b~• thr lien of this murt~;~ge. 3. To place a~~d c~~ntinuoush• keep on the t;uildings now nr liereafter situate o~i wid lauel tiee aud wind.torm insur- _ ance in the u,ual staud:~rd polic}• [orn~, in a sum not less than the he~Ghest insurable ~~alue, in such compau~ or cumpanies as ~ ma~ br approced b} said \tort~agee: aud all such iuwrance poiicies on an;• o( said builclir~Rs. an}• interect tl~erein or part ~ ehercrt, in ehe aRp,reqate sum aEuresaid ~r in excess tt~ereof, shall contain the usual standard ~~rtgagee clause m~king ehe 10,1 under said policies, rrch and e~•er~. pa~able to said ~tortpa;ee as his i~:terese ma~• appear, and each and ecer~~ such policy shall be promptl~. deli~erecl to and held bc ~aid \tortkagee: and, not lesti than ten c!a}-c in ad~-ance of the expira:iou of eact~ lwlic}, to deli~•er to said Jiorty,agee a renrti.al thereof. eogether W ieh a receipc fur the premium oi such renehal: and tLere shall be no such insurante placed on aa~ o[ said buitdiuRs, an} interest therrin or part thereof, unless iu the form ane~ rcith the loss payablt as aforesaid: and in the e~~ent any sum o[ maney becomes pa~~able under such polics or ~wlicies .aid ~iort~agee shall ha~e ehe option to recei~•e and appl}• the same on account of the indebteclness secured hereb~ or to permit said ~iort~a- Ror to recei~-e and use it or any part thereof [or other pur~wsec N ithout thereh~• wairiu~ nr impairinR ar~v eyuit}•, lie!i or ri~;ht under or b} ~'irtuc of this mortRage: and in the e~-ent said \tortgagor shall ior anr• rcawn fail to kecp the said premises so insurcd, or fail to deli~•er promptl} any o[ said j~,licies nf insurance to said \(ort~-eRee. or fail prompd}' to pa~ tull~ auy premium theretor, or in any respPct fail to perform. discharRe. execute. effect. cumplete. comph ~:itli ar.et abidr b~• thi~ to~•- enanr, or anr part hereof, said \(ortgaq~e may piace and pay for wch insurance or any part thereot Nithout Nai~•ing ar af(eair~q any option, li~n, equit}' or right under or b} ~inue of this mory{aRe, and the [ull amount of each and eetry such f pa?ment shall be imtnediately due and pa}'able and shall bear interest from thc date thereo[ until paid at the rate o( ten ~ier centum per annum and together with such interest shall be secured bv the l:en of this monqap,e. 4. 7'o permit, commic or sufEer no wuee. impairment or deterioration o[ said propert}- or an}• part thereof. 5. To pati all and singular the costs, charges and expenses, indudi~~g reasr~nable lawyers fees and cost o[ abstracts oE title, incurred or paid at any time by said ~(ortgage: because andlor in the e~ent of the [ailure on the pzrc oE the said = ~(ortRaqor to duly, promptfy and full~ perfornt, discharge, execute, ef(ect, complete, comply with and abide b~ each and e~•en the stipulations, ay,reerr.enu, condi*_ions and co~mants of said promissoty note. and this mortp,age, any or either, ai~d said costs, charges a~xi expenses, each and ecerp, sh~ll ix immediatel} due and payabie, Nhether or not there Fx notice, eie- mand, atteropt to coliect or suit pendiny,: and the tull amount of each and every such pa~nnen: shall bear interest from the date thereoE ~mtil pxid at the zau of ten per centum per annum; and all said costs, charga and e~cpensa to inturred or paid. toRether with ~uch interest, shall be secured b~ the lien a[ this moregagr. . eoo: Z3~. PACE 41~ - - - - - . ~n~ ~ - - ~ ~.w A:; - - - ~ _ _ ~ u 1