HomeMy WebLinkAbout2351 1
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~ ~0 ~t t~~ same, logel~vr witk Ihe fonsmfnts. ti~tfarnsnb anc~ appu?fr-
~ unn~es therefo be~onging. ane~ I~s ronfa. issws and pro~ifs ftiereo(. unfo 11~~ mortpogN. 1rt lIe simp~e.
~ fhs mortpagur c~ovurwnts wll1~ the ~nortgagw ttinl f~u mortgngor-is ind~j~t6lr :~ud o~ said
land in jee simpie: lhat the mo?tgagw has good rt96t ond Iawjul~ aueho.~ty ro~o~wy sa~d lo~d as ajon-
said: Ihat tl~e morlgagor u~iu males suc~ ~u?ther assuronc~es lo per~PCt !ke j~ dmpb ttil~ to suld Iund in tk~
~~9a9~ ~ mal? ?rasona6ly be roqutred; lhnt l1~~ mweragor ~6y juQ~? wun~anb tht fll~e to sat~ ~and
und will defend tl+e same agai?~si iF.~ law/ul claims oj aU person~ wl~omsoev~r: s?~d'lhat satd land b jrw
and ~I~ o/ all enc~.~6.nn~ except taxes accruing subssequent ~ to Decembsx 3i
1973.
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i ~~~~VI~[I~ ~~5~ el~ut i~ said moregngor ihal! pay w~to satd nwrtgag.e the cereatn pron+ts-
sury reote ~e?ei~ajter subslantia~~y oopiec~ w i~entilied. !o-wit: -
1. Promissory note in favor of Samuzl Teiis and Phylli~
Telis, his wife, in•the amount of $18,750.OU, bearinq
i interest at the rate of 7$ per annum payable in three
(3) equal annual principal payments of $6,250.00 each,
plus accrued interest, said payments to commence one
(1) year from date.
2. Promissory note in favor of Ethel Cline in the amount
of $7,500.Q0, bearing interest at the rate of 7$ per
annum payable in three (3) equal annual principal
~ payments of ~2,500.00 each, plus accrued interest,
~ said payments to cousaence one (1) year from date.
, ~ 3. Promissory note in favor of L+orothy Ramras in the
! amount of $3,750.00, bearing interest at the rate -
I ~ of 7$ per annum payable in three (3) equal annu~i
~ principal payments of $1,250.00 each, plus accrued
interest, said payments to commence one (11~ year
from date. -
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~oa~231 ~~2346
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