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~ ~o ~iaue and to ~iotd 1~~P sumr. f~~rl~u~r u~~l{~ I~~r le~~eniertls.'here~~ilant+•nh un~~ ui~~~wir ~
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~uu~c~s I~~p~~lu ~,~~~um~in,ry. ancr 1~~~ ?~nfs. issu~•s a?u~ projils 11~rrnof. unlo f~~p mo~lgage~. in jrv simp~r.
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I ~nd ~~1p morfgagor covenanls u~ith fl~e morfgagee ~~IQ~ ~~e fl10/t(JQ~Or IS indejPAtl~~y SPI:I•l~ U/ SQId
~~uu~ in ~i~e simp~~: Ihaf fhe morigagor has good rigtit on~~ ~aw~u~ autho?ify lo convey said ~a~~~ as alo?p- }
i said; ~li~t ~lir murf{~a~o~ u~ill make sucl~ /urfher assurances to per~vet t1~e jee simple Iille to said Iand in the ;
nw?1{~u~~ee as may rrasona~~y be ~equirc~: that f~e mortgagor ?~ere6y /u~~y warranf~ fhe fif~e fo said ~nnd
and u~ill dejP11~ IIIP same against tl~e law~ul claims o/ all persoru wl~omsoever: and fhat said land is jree ~
and clt~ar o~ all encumbrences ~
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~rouided ~Iways, fhat i~ snic~ mo~tgagor shn1~ pay unto said mortgagee t~e certain promis- ~
sory note he+reinaEt~r su~?stanfia~~y copiec~ o~ idenfifiec~, lo-wit: t0 seeure the payment Of OII@
~ certain promissorq note executed by said mortgagors bearing even date herewith,
~ payable to the order of said mortgagee, for the principal sum of Fifteen Thousand
; and no/100 Dollars ($15,000.00).together With interest of Eight and Oae-half I
per cent (8~) per annum, said principal and interest being due and paqable in
monthly installments of One Hundred Forty Seven and 71/100 Dollars ($147.71) each ~
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the first such installment being due and payable on the 7th daq of June, 1975 and ~
jj a like installment being due and payable on the 7th day of each and every month ~
thereafter until paid-in full, vith the privilege in the makers herein to pre-pay~ !
! all or any part of the principal of said note at any time and from time to time,
MI without notice and Wi.thout penalty, interest to cease on any and all such sums 1 ~
~t as and when so paid. ~
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{ II
~ eoaK 239 PAGE 2~19
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