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HomeMy WebLinkAbout2719 , . . , r 1: - ~ 20.000.00 =TUART, noR~o 12 November 1~~~,,, ~ f0~ VAIYt ~C[IV[0. fi~ ~w~~ ~ i~ ~w~ ~v~M1r. ?ROMISt TO ?AY h flti.~.. d E ~ SECURITY BANK OF MA~~TN COUNTY, organized and existing under the laws ~~__=~r„_aTl.t UTY m f1It~ANn _an Nn/1(1(1__- - OOUARfr y e*,.fl..g,-Fl~eri~iti Q ~ wsA ~I~ N~s~ a IM . . ~~~MI My ~lMN i11 w~thy, fyM1~~/ rrifl? Mfe~Mf ltaw ~~N N NN MN ~f 5is_L1.. N~ ~MI~ M11Yw M iy 1MMw ° - TM. ,.w ~•~z,.~ i~fan~f ~MN a ~w s~ N~N~ in equal mont~ily install- ments of ~250.6b, the first such i,nstallment being due and payable on the 1Qth day of December, 1975, and each succeeding installment being due and payable on the lOth day of each and every month thereafter until this note is fully paid. This note may be prepaid in whole or in part at any time prior to maturity without penalty. - 1{ Mh.M M w.N b. _~O Nn i~ H. ~.r•~•w~ •f ~wti I~~f~1M~M ~i ~ei~siN1 Mb..~f a~~ Nr? ~Mrd. fIN .A.M ww 11~ ~MIM _ •M•~ ~IM MflfM1 ~A~M N~W!?f i~fN~ ~KMf ~iN ~w N~ W rIfMY~ Mht~. f~ibn N~~NS+~ aN N~~ ~NM rwf swiMM~ • } . fM ~1~Af N t~Ntisf fM •~wK M fM treN N wbN~~~f hiwN. AIfN ~N~.ef~ NfA MiwtlM! ~w~ KtfYf/ ~~MMf MwM NM MMNMf ~f~~ iwf~+ ~ee ~wwr~ rNil Mi1. TM w~t~es ~w1 ~wNesNS ~1 tAN wN~ hu~Ae~ ~ni.e Iew~w~, NfK~ ~1 ~ew-MrwMf ~ pNNf. (f !W Mh U ~M al~i~'M ~e~f t~M~ ~w/ eNwMW NiffNwe ~1NS Nwhr fv t~Ws1iM. tM wMt~ts ~w1 MMeNM 11NNt ~~eN h~y NI iNM N s~StM~4 M' /s/ Nelson S. Hagan . ~U~ ~~eTson . agan ~stnu _ awu : . _ _ e: ~ - _ : ~ t : x _ aad ahdl duly. promptl~ aad fully perforta. discharge~ execute, ef[ect, compleU+, compl~ ~v1Ut aaA aDl~ by ~ach and every the stipulstfons. agree~ents. conditions ~nd covenants oi sald pronus~ory note aad o! tLii nwrt~a~, then t6i~ mortga~e aad tM eatat~ hereDy ereated s1~a11 ceaae aad be null ana void. It is underatood that eacd ot ttN word~, ••aota" "mortaagor" and ••mertgega•• re~pectlvely and t~ pron- owu referring theretor wheWer ln the singular or plural aay~vhere in thli mortgare. ahall be dngular fi one od~ wd ~hall be plursl iointly and seversliy. it more than one. and 6hall bs ma~cuUne. temiNn~ and/or aeuter. rvher- ever the oontaxt ~o impliea or admita. And satd ldortgagor for himielf and hia hetra, legsl reprraentative#. suixasor~ and wi~u, hereb~ oovw- ants aaa agrees to aad with a~id l~Ioriga~ee. his le~al representstivea, aucceawts aad aari~n~: i. To pay W wd stagular the priacipal and intere~t and tIIe vartou~ aud wadry ~ums ot mon~y p~yabl~ E' virtns oi sald pramiwory aota and thi~ a~ortsas0. each aad every. P~P~Y o+? tlu daya rasP~ctiwl~! t1H aa~ ~ ~everally beco~ due. ~ ~ To pay W aad singular the taxes, as~esaments, levies. 1lsbfUtlts. obllgaUwu attd incumbrancw ot ~vaey ~ natwe and kind now on said deacribed property. and/or that hereaftes mar bs laapwed. auitered. placed. levid or aasessed thenupon, aad/or that hereafter may be levied or assessed upon this mortgags aad/ur the indeDt~ed- ness secured hereby. each and every. when due snd paysble accordirig to l~w. betors they tiscoms deUaquent, and before e?uy interest attaches or any penalty is incurred; aad in ao far ~s any theseof ia of recorA the aaau ~ shW be promptly aatisfied and discharged of record and the orlgiaal o[t1da1 doctunent (auch as, for iwtane~, We tax receipt or the saWtactlon paper oiticiaUy endorsed or certifiedl shall be placed !a the hand~ oi taW Mortgagee within ten dayi nest aiter payment; and in the event that any thereot b aot ao paid. saiisfied and dlscharged. stid ]dortaagee raay at any Ume pay the aame or any part thereot a?iWout waiving or aftectins any optiDn, Hen, equlty oe right under or by virtue ot this mortgage. aad the full amount ot euh aud evet~ such payment shall be immediately due and payabie and shaA bear interest irom We date thereoi unW pafd at tha nte ol ten per centum per annum and together with such tnterert shall be ~ecured by the lien oi tWs mortgage. 3. To pLce and continuousIy keep on the buiidinqa noa or hereatter dtwte on isid laud llrs and windttosm fnsorance in the uaual atandard poilcy form, in a aum not less than =..~L..INSURABLE_.V,,,AI~~ com- • pany or comp.^.nica as may be approved by said Mortga~ce; and aU such iiuurance poUdes oa any o! ssld build- ings. anq interest therein or part thereof, tn the aggregate sum aforesaid or in exceas thereot. shall contafn th~ usual atandard mortgagee clanse making the los~ under said pollciea, each and every. payable to said Nortgar gee aa his interest may appesr. and each and every such policy shall be prompUy dellvered to and held by ssiA Mortgagee; and, riot less than ten days in advance o[ the expiration ot each pollcq, to dellver W saiQ l~Iortgages a renewal thereof, together with a receipt for the premium ot auch renewal; and there ~hall be no such insur- ance placed on any of ~aid buiidings, any intereat therein or part thereot. unless in the Lot~n and wlth the low payable aa atoresald: and in the event any aum ot money becoaus payable under such policy or policlq uiA Nortgagce shall have the opUon to recetve and apply the aame on account of the lndebtedaess ~ecured hereby or to permit iaid Mortgagor to recelve and uae it or any part thereoi tor other purposea rvithout thereby waivlat or impalring any equity. Ilen or rlght under or by virtue ot Wb mortgage: and tn the eveat ssid Mortgagor ~hall for any reason faii to keep the aaid premisea ~ insured. or faU to dellver prompUy any of said policiea o! fnsuranoe to aald Mortgagee, or tall prompUy to pay fuUy any premfum tberetor, or In ~ay re~pect ftll to p~r- form, dlacharge. acecute, et[ect. complete, comply with and abide by thia oovenaa~ ot aay part hereot~ uid f[ort~ agee may place and psy for auch inauranos or any part thereof wtthout walviu` or atfectla6 ~Y oP~~. ~i~. equity or rIght uader or by virtue ot thi~ mortgage, and the full sq~ount ot each and every weh payment iha11 be fmmediately due and payable and ehd! bear Interest tmm the date thereot unt11 psid at ths nte ot tea per centwn per annum and together with such interest shall bs ~ecured by tAe liea ot tbb awrtsa6e. 4. To permft~ commtt or sutier no waste, Impsirment or detesbrstlon ot aald proputy or aa~ psrt thereot. 6. To pay a11 and aingular the cwt~. char8a ai?d expenses. incladlns rea~onaDle 4wye~~ lees and co~t ot sDrtracb ot title. incurnd or pafd at aay time by ~atd l+Iort~asee bscw~s and/or in the reat al th~ taflttr~ o~ the part of th~ salA Mort~agor to duly. Promptly aad fully psrtorm. df~ehat~e. s:ecutR aifect. e~omPlet~, comply with and sbfde bY eacii a~ud every tb~ aUpulatf~s. a~reema?t~. canditba~ aad cm?eaaab o! nW pn~- iorp note. aad U~i~ mortgsg~. at~y oe etther. and aald coita. char~e~ aad ~pea~e~. each aad ~wrp. ~hW b~ Itn- mediately dus aad P~Y~10. ~fiether or not tbers be notice. demand. attampt to eollset ~ sWt paadlns: anA t~ iWl amount ot each aad ~rery such payment aLall bear fntawt from t1~ data th~r~o! vnttl QaW at the rate o~ tea p~r centua~ p~r aaaum: ~nd all ~atA oo~b. ~ha*iq aaQ asp~ ~o lacutrad oe pal4 Wpt1~r wftl~ wcb fa- tuwt, ~hW D~ ~ind bp tb~ lb~ a~ thl~ mortssp. B001( ~4~ PACE2~ ~ ~ ~ _ - - ~ - , _ ~ ; - ~ .