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HomeMy WebLinkAbout0621 ~ Y ~ %~~fi'f~'~!?'S.~'5?~?~~.LSS.~'.4Z~iL~••.•.•.LL~.•.•.4~.•.•.•.44•.•.L•.•.•.•.•.•.L'.~.•.~.'.•.•.•.•.•.~.•.~.•.~.~.•.•. 11 i .l l ~ l ' ~ s~_,_x_G~~~~--------~--- uru e- i9 r~ ~ t FOR VAIUE REGEIVED, th~ undersiqned,. ioimly and severali , PROMISE TO PAY to ths orde? of _ . , . ~ i ~ ;,,.Y ~ ~ ALL~`J~i 8.tld G:::IVr.V i,; i: _ ~__L~.~..C:+~~_. _ ;~is ',~v -fe- - - - - - - - - - - i - • l' Y~ ~iti~1G4_-.--_--.-----=------------.-----------------------DOtIARS ~ - - - - - - ; ~~ute ~ utdoor~esorts ~f =~:r~erica at idLttl~s i:.~i~~:iu ~ at - - _ _ _ - - -------------1 - or such other piase as the holder ~ henof nur d~sip~at~ in writiny topethe~ with interest from --_-----,~-~.ti! a--i--I_97 - ~ at the nh of per ctntuen per a~num on the unpaid bslance unfil maturit~?. The said pri~upal and interest shall ~~be due sed payable as follows: ; w 1C1.~~~ a manth, the fir:.t ~:~:.yrnant b~in~ ~i..:. ~nL :.~~nth froi.i d~:tc her~~f :~.~d ;;s to continue each .~!~nth th~rc<~ter un~il ~;.ll;~ ~~i~:. Fhis s~a:r. of .:1G1.: :~ai~~ ~ . - : ~•ach rnonth, 5hai1 iirst ~~c: cr._~~ited to Lc1t~~~~:_ t~~.nc t:1e r~:_~:aiRd ;r t:; ~ilc ~ f~ ; orincipal of this c~Iig~~ti~r~. ~his note _-~repaid ~t any tirr,e th~ ~_~~n~_r . d: .:irt~; it_~cut ~~nal~y. ` d Ii d~farN b~ ~wad~ foe Lr daps iw tM psy~wnt of ~ar inshllwnt ef priwcip~l or iaMr~st w•er p,e~ eMnef, tM wtab sum tl~~w n~nsinie9 ~ unpaid ~ri11~ iwhnst sMll M IwW~r's eptiow b~ceww dw ~nd parabb Wi1IWW AOht~. Fa1IYf~ M~x~rcis~ wch optiew shaU nol cowstifuN wsiver of 1M ? j riyhf b~:~nis~ 1M sw iw fM ~w~t ef svb~qwnt d~fauh. Aft~r n~atwit~I bofh priwcipal and accrwd iaMnst shall bear inhr~sf s1 p~~ c~nwm p~r aw~~w Ywti) paid. i1N ~w+k~rs awd ~eders~n ef Mis noN f~rtM? waiv~ dawand, eotic~ of now~p~ynNnf aed prot~sf. If t6is nob is nof paid +t matv~iry sw~ IM tarw it plac~d rrith as morwsr fer colbNiow, th~ iwak~n aed Mdsn~rs h~nof ayn~ M par all costs of celMctiow, iecludin~ at) co~rf ~ cosh ~nd naaewaW~ Mhew~y h~s. ~ ~ - ' ti S \ , ` ~ ~ ? i ~ . ~ i'~ ; . ~ ~ ~ ~ ! ~ ~ ~ , ~ 1 uj---------------a-^!---- ?N_~ ~_e_ y,__~_h_ . cs~?~~ : _ 'iC~l , . . ; Attest: ' ---_(SEAI) - - - - ~ - - - - - : (SEAI) ~ - - - - ~ . ,1 f 1 fl fi r r N y =1: ?~S ~J ~ ~ fI I ~ ? ~I ~I ~ ~I ~1 ~I f? ~~'I ~1 ~I ~I+I ~ i ~ ~ f 1 f~ ~ ? ~~I ~ ~ ~ I ~ ~ ~ ~ 1 ~ ~ ~ ~ i ~ ~ ~i ~ I r I ~ ~ FI f~ ~ I ~ ~ ? f 1 ~ ~ f I ~ I ~ ? ~ ~ ~ I ~ ~ ~ i ~ ? ~ i ~ 1 ~I ~ ~ ~ I ~ I ~ 1 ~I f ?'I ~ I ~I ~ 1 ~ 1 ~i fI f1 ~ ~I ' - t and shall duly, promptly and fully perform, di~charge, executr, eftect, complet~, ~omply w~th anQ abide by each and e~~erv the stipulatiors~, agrcemenls, cond~t~ons and covenants of said ~+romissory note and ot this mortgage, then th~~ mortgage and the eata[e hereby created shall cease and be nWl ana void. It ~s under~tood that each of the ~•orda. "note," "mortgagoY' and "mortgagee" respecUvely and the pmn- ouna reftrring thereto, whether in the aingular or plural anywhere in tht~ mortgage, ahall be eingular it one only • snd ~hall be plural jointly snd severally, i! mure thsn one, and shall be mascutine, feminine and/or neuter, wher- • e~er the context ao implies or admit~. ' And said Mortgagor tor himself and hi~ heiro, legsl repnsentativea, auccea9ors a:?d aastgns. hereby ooven- ant~ ana agree~ to and with said MorLgagee. his tegal repreaentatives, successo~ and as+lgns: 1. To pay W and singular the principal and fntercst and the various and sundry sums o[ money psyaDle by ~ virtue of aaid promissory note, and this mortgage, each and every, promptly on the days reapectively the sam~ ~everally become due. ~ ~ 2. To pay all and aingular the txxea. ~aessments, leviea, liabilitie~, obliRations and Incumbcances of ever~ ~ nature and kind now on said descnbed property, e~!or that~hereatter may be imposed, suftered, placed, levied j ot assesaed thereupon, and/or that hereafter may be le~ ~d or as.sPSSed upon this morigsge and/or the indebted- ness ~ecured hereby, each and every, when due and payal~le accoMing to law, betore they become delinquent, ~ and betore any interest attaches or any penxlty ~s ~ncurred; and in so fAr a~ any thereof is ot record the aams i shall be prumptly satisfied and d~scharged o[ record and the o~Rinal ofhclal document I~uch as, tor instance, k ihe tax receipt or the satiafaction paper of[icially en~ior9ed or certified? ~hall be placed in the hands ot sa3d ~ Mortgagee within ten daya next after payment; and in the event that any thereot is not ao paid, aatiatied and ~ discharged, said 1liortgagee may at any time pay the same or sny part therent w-ithout waiving or atfecting : ~ any option, lien, equity or ngh! under or by ~•~rtuP o[ th~s mortgaqe, and the full nmount ot each and every y auch payment shall be immediately due and payabte ~nd shall bear interesi from the date thereof until paid ~ at the rate of ten per centurn per ann~m and together w~th such interest shall be aecured by the lien of thi~ mortgage. ~ 3. To place and continuously keep on the bu~ldin~~ now or heres[ter altuate on said land flre and windstorm ~ inaurance m the usual standard policy form, in a sum not less than s 5 0~' • 1n ~uch com- . . ~ ` pany or comp-nies as may be approved by sai~l Mortfin~~~e; an~i all such insurance policiea on any ot said build- inga, any interc~t therein or part thereof, in the aR~reRate aum a[oresaid or in excess thereof, shall contain the u"sual standard mnrt~agee clause mak~n~ the 1~~" ur.~i~r sa~d policie~, ea~h and every, payable to ssid Mortger ~ gee as his inierest may appear, and ench ar.d earry su~•h pnlicy shall be promptly delivered to snd held by said biortgagee: and, not less than ten days in adt•an~e of the Pxpiration of each polfcy, to dellver to said Mortgagee ' ~ a rene~va! thereof, to~ether w•ith a receipt f~r thP prPm~um nf an~h r~newnl; and there ~hall be no auch insur- ° " ance placed on any ol Baid bwldinRa, any interest therein or part thereof, unleat in the totm and with the losi - i ~ payable as atoresa~d; xnd in the e~ent xny sum of money becomes payable under such pollcy or policiea aaid ~ MorcRaRee shall have the option to recelve and apply the game on account of the Indebtedneas secured hereby or to permit said btortRaRor to re~eive and uQe it or any pnrt thereot tor other purposea without thereby wsiving ~ or impairing any equity, lien or riRht under or by virtue of this mortgage; ar~d in the event sa[d Mortgagor ~hall ` for any renson teil to keep the said premiePS so insurrA, or fail to delfver promplly any of said policie~ ot ~ lnsurance to sald MorlgaRee. or tafl prompUy to pay t~illy any premium therefor, or in any respect fail to per- form, discharge, execute, e[fect, complete, comply with and abide bv this covenant, or any part hereot, said Mortg- agee may place and pay [or such inaurance or any part thereot wiih~ut waiving or attectlng any option, lien. s equity or right under or by virtue of thia mortgage, anJ the fufl amount of each and every such payment ahaU , ! be lmmediately due and payable and shaU bear intorest trom the date thereof unt11 paid at the nte of ten per ~ ; centum per annum Rnd together with auch lnterest sha11 be eecured Dy the lien of thi~ mortgage. ~ a 4_ To petmit, commit or auf[er no waste, impairment or detetloradon of sald pmperty or any part thereo!• ~ a 6. To pay all and aingular the ca~ts, charges and expenses, including reasonable lawyer's lees and co~t o[ # & sbstracts ot tiqe, fncurred or pald at any tlme by sald Mortgagee because and/or fn the event of Lhe fallurs ~ on the part ot the sald Mortgagor to duly, promptly and hilly perform, dlicharBe. e~[ecute, eKec~ completq ~ comply wlth and ablde by each and ev~ry the atlpulaUons, agreements, conditfons and aovenanL o! eaid prom1s- rory note, and this mortgage. any or elther, and sald costs. charges and eapet~ses. each and everq, shW be Im- ~ mediately due and payable, whether or not there be notice. demand, attempt to collect or iult pending' and ths ~ l1il1 amount of each and every ~uch payment ahsll bear tnterest trom ths dats tbereot untfl pald ~t the rate ot ~ tea per cent~un per annum: ~d all ~ald cost~. chargei and ~Peasa~ ~o facurnd or pald. to`ether ~?IW sucb !n- ~ terest, slull Ds ~ecured by the lfan o! thfa mortgage. 9 ~ = r_i ~5~ FAGE ~ ~ . . , . ~