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- ~Plc•arr print or typc• al! narrus ur~ addressul ~0
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Tlilti NURTGAGE, r~wcl~ythe-- - __Jay uf_ - . - Y1___ ~ - - . , 1~J--1-(GL,
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, t1u>er's Addrras)
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~ WITNESSETI/:
\VH~HF:AS. Mortgagor a> $uyer is purcha~ing ~rrtiiu gaxlc apd srrvira~ or xrvicca (callcvl Proprrty lmpru~rments h~ein) from Mortgagoe as
(;c~ntractut ur~lcr a Home lmpro~~cme:nt lwtallment Coutrart (called Ia~taliment Cvntrad I~rnia) Jatr~1__ 18_! S2.
~.ith thc MtutKatior(~) unpaid indebtccln~.ys tlkrcwKlcr (n~(crrtYl t~e~ein • Tutal of N9yax~nt~) lx•iug a-- ~ ~
pxyable at thc o~ces of Ceneral E~ctric Credit Corpota ' ~ X ~
in_ l~~onxtivtive munthly. rach i~utaliax~nt in thr amount of = ucept the Gaal iwtallmrnt which s6a11 be ~ ~
the first instaWnent p~yabk one month from the date d compietion d the property improvrment unless a dilferent Srst pay,meat dste is inserted .
here--- tbe bNli~we of InsLNofa~ts P~yabie m wet~ date ~f eacb woeeedia~ mootb theseafter uatil '
tully pald. The lnstallmmt Contract also providing for delinquenc,y and cdlet.~tion c6arges.
ti0~. TNF.itEFORE. tn ~rcure the paymcot and pcdomiance by Nort~gor of the Insiatlment Contract and thc pcrformanoe 6f t~ oovewnls
f~.r~•in contaia~d and to inJuce ~tortgagee to entrr into the Iratallment Contract with \tortgagor and for othrr kood and valuabk eonsidetation, the
r~~~•ipt ~vhereoE is hereby ackiwwledgecl, the ~~ortgagor docK hereby grant, sell and con~ to Mortgagce, ehe Mortgaget; luiA.• t~MOD~ors„ atti~or ot ;
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~ tx~ing and Ic~teadcYi to be tbe same pre,,m~xaO~veyc~l to Mortga or by de~.d dat~d ~ , recvrded oa
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iu the O~ice Of L+~-~~--of 1~c~e
7'oget}~er with the improvements heralitxa~enb, aixl appurtcnancti~s t6crcunto now or hemattcr Ixluuging, thr rcnts, is~ues ar~d pro6ts thereaf,
.+ncl :~l 6ttures nov~i a heteaiter athO6ed to ot usrd in coonectwn with the prcmi.es d~sc•ribexl alwve.
To havc aod tn ~aW the above mort~agc pruperty unto the Nortgagec, Nortga~ce~ hria, caecutors, ad~nin~strators, sucoessors or usi~ns, to
~1~~7~~(:/,~'t~C~ OKT pn?prr use, ber~fit and heh«~f (orever; pmvided t~wt upon full paynx•nt arul per(cxnwnc~e of tl~ I~utallment (:ontraet, and the keep-
in~; .~nd ~er(onnarx~r of :~U tIx covenant~ strleyl Ixrcin, then thic ~fortgage and Irutalhncnt Contract shall Ix~ null and void, othcrwise to remain in ful)
~ H~~~ t. Any nrK~~al of tIM Irutallmcnt C~ntract, or the extendi~ of pRyarents of ~y imtal6nent thereof shall rx>t waive any rights of the `iortgagee
c n•aitc~cl hcrebp.
Should the premises above described be sold or conveyed or in the event ~ny mechanics , materialmen's, vrorkmen's, judgment or. ~ liens lie
agairut the premises, or this or any mortgage rn~rring the prert~ises shall he in default, on or after the date hereof or should the InstaWnent C~tract be
in di~fault, then the indebtedncss secvred heceby, kss any ur~earned ~ and other ~equ'ued refunds, sha0 at tt~e option oi Mort~a/~ee
im~ncdiately due and ya le an~},~ng~},~rcin to the ~~y notwit '
l~x~n such e ault or a~~~de~;~u'It ~b t7ie pe-ilormar?ce c~ie cbveoants •ming \lortgagre may enter u~m and take puasession of the said
,~r~ rrii.c~, rea;ive the rents uHl pru6b thcrcof aad to apply the same tow;~rd the paynunt of 4uu, upkeip of tLc proprrty aud t6e [ul6llment n[
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;f~e~ c~uveaants of this m~ntgage; or at the option of ?lfortgagee, to cause a recei~•cr to be appoint~Yl; or to ~rl! or c:~we to be sold the P hereby
m~~rtt;~Red auci to oonvey the ~ame tu d~c purc•haxr, pursuant to the atatute in ~uch case made arxl provideJ and out of the proceeds of suc sale to
r~ ta~u the mwx~ys due under the term, d this murtgage, the oost sud c6arge d such sale, and the attorney's Eex pcmicied by atatute, reude~ing the
~~,R~i~u money, if any, to the• ~lortgagor. ~
\iortgagor N•ill keep the prcmi,e~ fully insured akau~st loss by 6re and IiqhtninR a~xl such other risks a. 1f~utKaRee may rc~uire h•ith insur~ncr
;~~rn{;~~uy ~x c.~mpuni~s sati+facton• to ~turtf;:iy;~~•, [or thc lx•nc~6t of ~tortgagee aixi in driault thc7~~of 1?lwtgaK~~c m~y (but shal~ not ~e obligated to)
in,ure thc same. Suth expenditunw for ia+ura~xr by ~lottgagee aluzll bccvme ~o much additioual indrbtecln~~ x.~ruraYl }~rrcby. ~tortgagur ~hall pro~~idr,
~~ti~~~~~ ~tortgag~rs rc~~u~~,t, e~i~l~•ucr id inwraner co~•eragcy. w•hich ro.~erages ~halt aLw provide for ten ( 10) days priwr ~vritteii mtii.Y W\lodgagee of
~:~~•..uK~eltation or materia) mixlifx~ation of insurancY. -
~ \n building on the premixx shail bc remo~eJ or demoli~hed without the cw~sent of i~tortgagre :?nJ ~tortgagor c~~-enants not to rommit or permit "
~~.,~.t~ ~if any kind upon or of said property. ~
~1~-rtgagor will pa~• all taxes, a~x5+mcnb ur w~;~tcr rates, and in default d~crcof, ~~ortgager ma~• pay the s:imc•, but shall nnt Ix obligated to do so
tHittutandinK the security hereby pro~idcd fcK such, ~tortgagor shaU be in Jefault unJer thi~ mcxt~agr, aud the amount paid shall be w much ~
~<I:I~tinnal inJebtedrx~ss ~crured hercby. _
"fhe. failure of Alortgagor to pay any part of any irutallmcnt of taxi~, asses~ment~ or ituurancr prcmiumr under thc pru~~isioru of thic mortgage '
~t th~• time or tim~~ w~hen ~urh iti•m~ •rre due and payabk, s}~all cvustitute wa.te w~thin the m~anen({ of applic:~bk tkxicla law•. Any :tmrwnts paid
~tortgag~ti: for insurancx, taxes, asx~sunents and water rates shall bear intcre~st at the high~st law~(u) c~ntra~t rate, and sha~l be paid b~• ~lortsagor
~~~x,n demand. -
Mortgagor(s) here~ nelinquish al) rightcof homestead. i
Thi. m~ortgage shal inure to thc bene6t of the suocessors and assigns d 1ltortg~Rec arnl ~hall be birxling upon the heirs, exccutors, successon
.~nd Ic~gal representativ~ o( \lortqagor.
I~ WITAiESS WHEREOF, Uortgagor has siga«l this instrumcnt on the day and year 6rst a!~o~•e wrincn.
Signed and
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