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Home My WebLink About0182 9•000.00 s ~Ap~i_!a . ~9 .7S_ _ : d _ . POR VAtUE REC n ~ ai1v, PROMISE TO PAY te th~ ordN ~ ~L~ ~':~~A~ ~i~ it~~ IC Tq_BAT~._. his-- ni - _ _ . _ "~OI.L~RS---7lND-----Ng7l~if - - - --~~-DOLUIRS, ; ? ~~"-~~M" - ~ st - - - - - - - - d~ otlar plac~ as t6~ hold~~ - - ~ h~~ mar e w~iN~ to~Nher witl~ iet~nst from ~1"C~?'[-----~-------1~ + . - ; at t!N ~at~ of~~ p~? s~Mum pK aneum on th~ unpaid balanc~ unNl msturitr. Th~ said prinapal and int~r~st shaii ~ be dw a~~?:~ ~a ~~~h~ th• !i]C~t ' pay~ent b~in~ dus on~ month 2~0~ dat~~ and ; ~ continus !or ~ach ~onth th~realter until paid. Thie sun of ~118.g4 p~id each ~onth shall tir~t b~ cr~ait~d ~o inters~t and th• , ~ 4 ~ r~~raind~r to the principal o! this o igation. No tull or partial ? y prepaye~nt may be saas in 19?5t r• aftsr 19?5. this not• uy ~ b~ pr~paid ~6 aay tiws rrithout p~n . N~fwN b~ w~s~ fw - d+ln N 1i~~ MrwNwf i~st~pww~1 ef 1 N iwhnsf w~y p«t tl»mf. Nw wlwb ww flaw r~~wsieiq - uw~ai~ wilA i~1~nM sbll M Mld~s M1i~w L~c~ dw ~wd +bb ilkew ~etia. fi N~:~~w wcl~ epliew sM+N wst cowsth~ a w~iwr ef 1M ~?ifM N~:MCiw Nw saw» i~ IM ~wN ~f sv?fpwwl ~/w wwtwil~? belh priw 1 awd ~ccrwd iwN~l sMap M~ iwl~nst N r~ c~~hr~ ~ v~r w~ w~il pi~. iM w~kKS awi ~wd~rs~a d tl~is ~tlw~ waiw dNnand, 'u ~f wew~aw~t a~d phNst. H this nob is wot p~id st ~ ~wa~wily aw~ Nw sw ia ~lae~i wi~A ~w NheMr fe~ e~IMdi~w, ~ak~rs a~d ~wders~n ~ef s~ b~+r ~f eelMe~i~w, iwel~w~ aq sewt ~ ~ co~b ad e~aNw~h a1NeMr f~M• . • F~srw~re and a ics Savings Ban1c, p.0. Hox 1 7. ~ ~ } Account No.S ~04 30. Minrieapol s. ; Minneeota + ~ ~ . . - i : - =L'-`-~y- ~ I - - (SEAI) ~ ~ . - - - - - - - - - - ~S ~ ~ AttM: ' : ~ ` ~S ~ , . . - - - - - - - - . . ~~~~tff~~~SxSVS~~S~~~-~~I~tI~~1~l~~'Ifl~lflf?~1fI~1~~~~l~i~~fl~1~~~~~1~?~1~~~~~T~?~i~F1~?~1fi~~~~~~~f1~f~~?~~~?~I~i~>~1~~~1~1~~~1~I~I~r~If~~I~I~I~1~i~I~l~If? ~r and shall duly, promptly and fully pertorm, d~scharge, execute, ettect, completr, comply w~th and abide by each and everv the stipulations, agreements, conditions and covenants of said prom~s~ory note and of thia mortgage. then thi~ mortgage and Lhe estate hereby created shall cease and be null and vo~d. It is understood that each ot the words. "note." "morigagoY' and "mortqagee" respectively and the pron- , ouns refernng thereto, whether in the singular or plural anywhere in this mortgage, ahall be singular if one only and ~hall be plural jointly and severally, if more than one, and shall be masculine, feminine and/or neuter. wher- ever the context so implies or admits. ; And sald Mortgagor for _hlmaelf and his heira, legal representativea, successots and a~signs. hereby ooven- ants ana egreea to and with eaid Mortgagee, hia legal representatives, successors and assigns: 1. To pay all and aingular the principal and intern~t and the va~ious and aundry ~ume ot money gayable by ' virtue of said promissory note. and this mortgage. each and every, prompUy on the daya respectively the aame ` aeverally become due. 2. To pay all and singular the tsixea, essessments, levies, liabilities, obligation~ and incumbrancea of every i nature and kind now on said described property, and/or that hereafter may be imposed, auffered, placed, levied ~ or assessed thereupon, and/or that herea[ter may be levied or assessed upon this mortgage and/or the indebted- ' ness secured hereby, each and every, when due and payable according to law. before they become delinquent, ;i and before any interest attaches or any penalty is incurred; and in so far as any thereot is ot record the sams shall be prompUy satisfied and discharged ot record and the onRinal oiticial document (such a~, for inatance. ' :he tax receipt or ihe satisfaction paper officially endorsed or certi[iedl shal! be placed in the hand~ of said i Mortgagee within ten days next after payment; and in the event that any thereof is not so paid, satisfied and ~ discharged, said Mortgagee may at any time pay the same or any part thereo[ without wai~Zng or affecting ~ any optiOn, lien, equity or right under or by ~•irtue of this mortgage, and the full amount of each and every ~ such payment shall be immediately due and {~ayable and shall bear interest from the date thereof until paid g at the rate of ten per centurn per annum and to~eth~r with such interest shall be secured Dy the lien of this ~ mortgage. ~ 3. To place and continuously ke~p on ihe bu~ldin~s now or hereafter attuate on said land flre and windstorm r ~ in9urance in the usual standard policy form, in a sum not less than In such com- % ~ ~ pany or comprnies as may be approved by ~~tid 1ltortfia~~•e: and s?11 such insurance policies on any of said build- : ing~, any interest therein or part thereof, in the aRgre~ate sum a[oresaid or in excess thereot, ahall contain the s usual standard mort~agee clause makin~ the luss ur.d~~ said policies, each and every, payable to said btortga- • ~ gee as his interesr may appear, and each ar.d e~•ery su~•h pnlicy shall be promptly delivered to and held by said ~ 1liortgagee; and, not less than ten days in advanre of the expiration ot each policy, to deliver to said Mortgagee ~ a renewal thereof, toRether with a receipt for thP prPmium of ai~~b rn~ewal: and there shall be no such insur- : ance placed on any of said buildinRs, any interest therein ~~r part thereof, unless in the form and with the Iwe + a , payable aa aforesaid; and in the e~•ent any sum o[ money become~ payable under auch pollcy or poltcies said ~ Mortgagee shall ha~~e the option to receive and apply the same on account of the indebtedness secured hereby or ' ~ to permit said MortRa~or to recefve and uce it or any pnrt thereot tor other purposes without thereby waiving ' k or impairing an} equity, lien or riRht under or by virtue oi this mortgage; and in the event said Mortgagor ~hall ~ for any reason [ai) to keep the said prem~scs so insur~d, or fail to deliver promptly any of said policiea of ~ insurance to said 1?tortgaRee, or fail promptly to p~y tnlly any premium therefor, or in any re~pect tail tn per- ' ~ form, discfiarge, execute, etfect, complete, comply «~th and abide by thia covenan~ or any part hereof, asid Mortg- ~ x agee may place and pay tor such inaurance or any part thereof witheut waiving or affecting any option, lien, ~ ; equity or right under or by virtue of thia mortgage, and the full amount of each and every auch payment shall ; be immediately due and payable and shall bear intPrest from the date thereof until paid at the rate of ten per z 5 centum per annum and together with such Interest shall be eecured by the lien ot this mortgage. - 4. To permit, comrr~t or auffer no waste, impairment or deterloratlon of satd property or any part thereof. ' ~ ~ 6. Tq pay ail and a3ngular Lhe co~ta, charqes and expenses, including reaaonable lawyer's teea and coat of ~ ab~tracte ot tiUe, lncurred or paid at any time by aald Mortgagee becauae snd/or in the event of the fallurs ° on the part ot the safd Mortgagor to duly, promptly and Nliy pertortn, dfscharge, execute, effect, complete, ~ rnmply with and abide by each and every the atlpulations, agreementa, conditiona and covenanta of aaid promis- ~ eory note, and thls mortgage, any or elther, and ~afd coste. charges and eapenees, each and every, aha11 be im- ~ mediately due and payable, whether or not ther~e be notice, demand, attempt to collect or suft pending; and the ~ iWl amount of each and every such pnyment ahnll bear intereat from ths date theteof untll patd st the rate ot ~ ten per centum per u?num; and all sald co~eta, chargei and ezpenss~ w lncurred or patd. together with sucb fn- ~ terest, shall bs eecured by the lien of Ws moMgage. ~ ~ ~ ~ . ~ gooK 2~38 P~~E- 182 ~ r,~; t ; r ~ {r ~ ~F r 'i~w~c~ 'i ~'r~~ds . ~ ` .~~~.y~