HomeMy WebLinkAbout1754 ~0 ~4 ~ W ttie sams, togetl~~ wlth t~e tenanunli. 'he..dit~~~nt, ~a~d oppwe~-
nnnces f~ereto 6e~onging, an~ Ihe ?ents, issues and projtfs t/~ereo~. unto l1~e rnortgaeee, in ~ee timp~t.
~ f1~e mortgagor couertnnts wit~ !~e mortgaga. t~nf !he mortgngor is indefe~i6~y uiz~ of satd
' Iand Fn /ee stmple: tl~at tht mortgagor hna good rigbt and lawjul autkority eo conver :dd Iatid as a(wr-
satd; lhaf t~e mortgagor wi~~ ma~re suc~ further atswances to per~sct t1~e fe~ tin~pG ttl~t to iafd ~ar?d tn tht
mortgagee as moy reasonnb~y be required: t~inf t/se mortgagor k~6r l~r warmnU t~~ f!!~i to satd land
and will ds/end !he snme agains! tl~e lnw/ut cluima o/ all penons whomsoever: nnd t1~at safd luttd is f?e~
and clea. o/ al! encumbrances except for Ad Valorem taxes to December 31, 1974.
. n'
~~V~ ii~w~s~ t~a! if sai~ moNgagor shak pay unto said mortgagee t{~e certnin promis-
sory note hereinujter su~stantia«y copi~ or ideniilted. to-wit:
INfTAttMEWT NOTE
' IS~wnd and Uns~a+redl
Not~ No. Da»d: OCtober 28~~ 19 ~ p~s: Nm?_ 10~ t9 $Q_ f 14~ 743. ZO
lwn Terms:
P.«~ s ---1Q,_4QQ.._4S~
_~IXT_Y_MQNTHS_--------------------~----___._____ HNANCE i
~ker date ths undeni9nsd, henin~Ner called Maker, jointty and severalty tNARGE "
promise(s) fo. value ~eceived to pay to the order of fieq N~tiensl ~anic ef Ooarnu?tuy i._._.._.._~Q.._
hit ?i~roe hereinaher p $~I~, qff' ~i~ ~+mw
of (total of psymenb) ~vR_1~~~`!__~7A~~~~~~ Credit t;h (or lifs '
~ ~ND~ED l'i`D~Tx 't~3REE AND:~,~'Q~~~~~~ ~ D~s+bility) Ins.i Q.~-
~ •~~~~~~~~~~~~~~~~~~r~~~~~~~~iir~~~~~~~~~~~AR ~11 IZl~
~s~s~' _ -----~~_1~7, 98
with irpenst tM?~ ~t tM r~b o# ~i~~'~-•---'X ps~ ~nnum. ~ti payaW~ in ltd~t ~V~~ S---------.-1~..~_.
60 e,onN+ msr.llmenn of s.74!ji7- on rh. 1.4~ d. oi
w ~Y ~ - ~ - y : • ~ w
~ ~ ~
~ ~
~ sath wonssive moeth comrMnt~nq on ----~}~G~-._LQ.___. 19~---• topethe? with
~ • BALIOON PAYMENT OF pue , {9 ~M.. ~HNANCED IO T
~ A fint compured at th~ rm of f•OS pe~ :1.00 ae each iestal!mem in defsuh fa
~ ~p~ r'rod in exceu of 10 days rtay be chary~d tFie Maker. No wch fine shsll exceed ~Wwt~y co1Ncl~d
~ i 5.00. Ma k
tr is req~ired to pay ali coab of col k c
tion, inc
l u dinq s reason~ b
l a atta- r ~temin) 1 4 0 O
~ it~ t --------------------~._._Q_
rwy's fae if referred for coikction or Ipal proc~~dirqs. All piyments, whsther prio- ~C• ri•~._----•-y- .jso .
cip~l, interost or Wherwise, eot received when dua shs{{ bear intertst a? 10% per
annum hom due d~te until psid. All p~yrtieefs m~d~ 1?er~undsr shail be credited /1PINUAI I~CENTAtiE RATE _
~ fiat tc iots~est, then to 4wfut d+sroas tt+en acaued, and isst to principai.
~ If tl+e lo~o is prepaid i~ full, acakrated or refiMnosd, ths Meker shali as of the date of wch event rsoeiv~ such refu~d of tM un- ~
e~rned pwtian of tM vedit lif~ insurente ptemium and finance ther9e a~d such other p~dit as may bt nqvired by law or is may b~ ~
Motssary to ~void uwry, p~ovided that the Holdsr may retain a minimurt+ finance ch~rqe of i25.00, wfiether a not othtrwist ~irMd, ~
~nd excepr in the cae oF a r~fin~ncinq, no financ~ charqs or premium rolund shdl b~ md~ if it ~rrwunb ro le~s than =1_00. R~t~ntion
of aey minimum finai+u sMll be in addition to aerviee char9s if s~ry. My {anpwqe elsewhere htrein to 1M oontrary ratwithst~ndirq, ..n
neithsr 8ank nor any holdtr htreof shall rsoeive w rstain ~Mr char~e p interest nof dlow~d by law. ~
~ As sKUr'Ap for Ih~ p~ynMnt of Mis note AAaker has pledq~d or dtposited with Banlc the followin0 P~~Y= -~ia~+i~*~~--- ~
~ Se~ sttachtd li~t, and Se~oad Mort~sft~ s~ additlona,~ colls.~ 1•--•••••-••-• ~
•••••~~.•~.~••~~~•~~•••L~.~•~..~~~~••~~~~~•~~~~•~•~~~.••~•~••~~~~.~•~• ~
(irxludinq all ush, stodc and other dividends u~d all ri~hts to wbscrib~ (or securities incident to. decla~ed or 9r~nted in conMCtion wilh O
~ such propaty), whith property, toyether with dl additions ~nd substitutions her~effe~ pledqad w d~posited with Bank is ulfed th~ Col-
I~ttr~I. The Collsteral is stfp pbdped ~s set~rity fw sll ot'her li~bilities to Bank, (ptimary, secondary, dit~cf, toMin9ent, soSe, iQint or
uveral). due o. ro became du~ or whith may be he?eafter coMracted o~ acquir~d, of each Maks~ (or of ~ath Maker end iny other zr_r-
sc~~ TF.r ~u~rc~~~e, oi rh~s note, upon ptyment or othervvis~, shall not ~ffed tM riphi of Bu~k to rN~in ths Colls»ral fw sucn o'=.<.
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