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HomeMy WebLinkAbout0774 • • ; . ~ . •.'.~~ii~~.~' ~ ~ s .._.27, ooo. oo _M ~ _!_~,r_ ~o . ~s . ~ LU ~nd s~v~all~r, ~ROMISE TO ~AY to th~ erdK of--------------•----------- ----_A._n - ! . ~w.Z~ip~~~L.~ii~~l~. ~~r~N~~~~N~~N~N~M~~~~~~~~T~~~~~~al ' ~ ~---~@V P,~ ~d~_-~~~~ . n 74 E FYfth Ave.,,._ Apt,___._~_ .o. s~d~ ah.. as ~ - h~neE in w~iNn~ to~MhK with inhnst fro~n '~~cd._ __~!~<1-'! at tM ?ah of ~ p~? c~M~aN pK annun~ ou th~ unp~id balanc~ umil maweiw. Th~ s~id prindpal and int~n~ ~ali dw aed pa abl~ as follows: - ~ $258. t~S per moaRh, th,e iirst p~ymert beinq duie aae month from date hereoi and to co~lruie ea+ch mo~h thereatter nutil _p~td in fi~ll. Thla sum of $258. QS psid ~ each month, ahall iirst be credited to I~erest ar~d the remainder to the Prin~cipsl oi this obliqation. ~ This note may be pre~id at ar~ tlme the maker destres without penalty. ~ ~ ~..~r r. t~ 15.: ~.n. ~.'.~r~ .f ..r t~a.o...? .f ~rrd « t~....~ « ..y ~ ww.~. ...a.»~ r.~ .i1h i.~«~ daM a~ Mi~s Mc«.~ ~ a~ Mra~l~ wi1A~r1 wNio~. F~Yw~ t~ .:~esi+~ s~cb ~~w ~Ma~ ..t a~NihiM~ ~r.iw~ d Nr e.i~1~1 1~ ~s~esiN ~M ~w i~ ~M ~ww~ d wwqwwl AfavN. AftN ~wNwil~r ~~.iwciMl a.~ ~ iwNn~t .Mr M~. i~l.nst at _ . M? a.fvw pK ~M11~ MW iM w~k~s aw~ M~s~n ~i IW wM~ fre11N~ w~iw d~ww~. wolic~ ~f ~www1 awr peM~sf. N 11~ w~h is ~e1 'ai~i N ' ~.~.~r u~. s..» ts w~ ,N....y r.. ~.M.a~e.. ~..t... ~ ..r..s..s hee+~t h My ~N ~oa. ~.u.s+»., ,M ~.w+ ~ ~ ces~s w~i naww~ NN~r /~s. ~ ~ ~ ~ 1* ~ - - - - - - - (s~) ~ ~ _ R. ~orc~ori~ Jic. ` - ------cs~) ' ~"'a: -~t~~i~~ A.-lGort2~---------------------- ~ _ ~ _ _ . . ~s~) ~ • - - ? '4~4'1'~i~i~'i~i~'~1,~fQ+S~i~ifi~44'~+.44~'?~fbS~~ji'fifi~i'~4'~T4'~~4~s~i~i~fi~i~ififi~?'~s~i,~'i~i~`~fi~i~. ~ and shall duly. ptomptly and fully perforrrt, diacnarge, execute, effect, completP, comply w~th and abide by each and e~•erv the stipulations, agreements, cond~tions and covenants o[ said prom~ssory note and oi thi~ mortgage~ then this mortgage and the estate hereby created shall cease and be null ana void. It i~ understood that each of the wonis. "note," '•mortgagor" and "moRgagee" respecf3vely and the pmn- oun~ referring thereto, whether in the singular or plural anywhere in thi~ mortgage. ahall be aingvlar K one only and ahall be plural jointly and aeverally. if more than one, and shall be-masculine, feminine and/or neuter, wher~ ever the context ao implies or admits. Md aatd Mortgagor tor himeeli and his heirs, legal representativea~ succes~ors a,nd assigae, hereby ooven- ants ana sgrees to and with eaid Mortgagee, his legal representatives, successore and asslgns: 1. To pay all and aingular the principa! and intereat and t6e various and sundry aums of money payable b~ virtue of aaid pminissory note. and this mortgage. each and every, promptly on the days respectively the aame eeveraUy become due.. 2. To pay all aad aingular the taxea, assessments. leviea, liabilities, obligations and incumbrances of every nature and kind now on said described property, and[or that hereatter may be imposed, auffered, placed, levied or assessed thereupon, and/or that hereafter may be levied or sssessed upon this mortgage and/or the indebted- ness seeured hereby. each and every~ v~hen due and payable accorciing to law, be[ore they Decome delinquent~ and before any Interest aitaches or any penelty i~ incurred; and in so tar as any thereot is of record the same I shali be pmmpUy satisfied and discha ved ot record and the oriRinal of[icial document (such as. tor instance. ~ :he tax receipt or the satisfaction paper officially endorsed or certitiecl) shall 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, aati9fied and ; discharged, said Morigagee may at any time pay the same or any part lhereo[ without waiving or af[ecting any option, lien, equity or right under or -by ~•irtue of this mortgage, and the full amOUnt of each snd every ~ auch payment shall be immediately due and payable and shalt bear interest [rom the date thereof until pald at the rate ot ten per centurn per annum and togethPr wilh such interest shall be aecured by the llen of this mortgage. t i 3. To place and continuously keep on the buildin~s now or hereaiter altuate on said land flre and windstorm ~ ; insurance in the usual standard policy form, in a sum not less than =.......__..~.A~.~~~.M fn such com- ~ i pany or eomp^nies as may be approved by sai~l l?1ort~n~ce: und nll such insur3nce polieies on any ot said buitd- ~ Inga, any interest therein or part thereof, in the a~~regate sum aforesaid or in excess thereot, ahsll contain ths ! usual standard mort~agee clause makinR the lu~s ur.d~r s:tid policies, each and every, payable to said 1ltortga- gee as hie interest may appear, and each ar.d e~•es}• su~•h ~licy shall be promptly delivered to and held by said ~ Mortgagee; and, not less thart ten days in adran~e of the expiration of each policy, to deliver to swid Mortgaqee ~ i a renewal thereof, toRether With a receipt for thP prPmium nf q~irh r~newal: and there shall be no such insur- ; ance placed on any of said buildinRs, any interest therein or part thereo[, unles, in the form and with the lws ~ ~ payable aa aforesaid; and in the e~ent any sum of money becomes payable under such policy or policies said ~ MortRa~ee shall ha~•e the option lo recei~~e and apply the vame nn account of the indebtednes~ secured hereby or to permit said Sfort~agor to recef~e and use it or any pwrt thereof for other putposq without thereby waiving i or impairing any equity, lien or ri~ht under or by virtue of this mortgage; and in the event said Mortgagor ahall - for any reaso~ [ai1 to keep the said . premiv~s so inaur~d, or fail to delfvet promptly any of aaid policles of Insurance to said Diortga~,?ee, er fail promptly to pay tnlly any premium therefat, or in any reapect fail to per- form, di.acharge, execute, etfect, complete, comply with and abide bv thia covenant, or any part hereof. aaid Mortg- agee may piace and pav for such invurance or any part thereof without waiving o~ atfecting any option, lien, equity or ril;ht under or by ~ irtue of this mort~age, and the full arpount of each and every euch payment shall be immediately due and payable and ahaU bear intPrest trom the date thereot unttl paid at the rate of Len per centum pe~ annum and together with auch Interest shall be eecund by the lien ot this iaortgage. 4. To permik commit or suffer no kaste, fmpairment or deteriorstlon ot aafd property or any part thereot. , 6. To psy all and aini;ulsr the ca~ts, charges and expenses, inclyding reasonable lawyer'e feea and cwt of abetracte ot title. fncurred or pald at any tfine by satd Mortgagee because and/or in the event of the tallure on the part of the sald Mortga~or to duly, promptly and fully pertorm, dlscharge, e~cecute, eKect, complete, comply with and abide by each and every the sttpulatlons, agreemente, condiUons and covenants o! ssid pmmis- j aory note, and thi~ mortga~;e, any or either, and sald costa, charges and expenses, each and every, ehall be Im- mediately due and payable, whether or not there be notice, demand, sttempt to collect or suit pending: and ths flill amount of each and every such payment shall bear interest trom the date thereof unW pald at the rate oi " ten per centum per annum; and all safd coate, charges anA espease~ w Incurred or paid. together vrlth sucb in- terest, shall be secvred by tbs Uea o! Wa mortgage. gooK 242 P~~~ 775 ~ . _ ~x ~ . ~ - ~ y y',~. ~ - ~ ~ ~ j:J` Nb~ ~T~. - _ _ ~ . ~~~''~'t-_ _