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Tbe Mortgagor hereb~ coven~nta wit,h tbe Mort~gs~e~?~ tha~ he is indefeaail~ seised ot wd laad in tes
~implo or suuh other est~t,e~ J~ay as ia s~ated beroiA; tha~ he hae tull power. ac~d law-fµ~ r~.6t to ooo~ev t~hs s~ms
as ~Ioreeaid; t~}ut tbe laad ~s ires ~rom aU aucumbrw~oea exoept ~s 6oreia otb~+cw~~'~d; th~t wd~iortgagae
will nialce suoh furt6er wuranoes to pro~e L6s atoreeaid fitle f~a ~aid land ia a~id Mort~ges ~?s a~~ bs reawo-
requiced, ~nd that said MoriQagoe does Lereby i~ ~rursnti taie titte to ~id laad~ aod erer~ psrt uisreot~
~wil1 delend i6e ~~ms agaiost ~be l~rviul cl~im~ ot parsom wLomsosver.
PtdYtDSO AL~I/AY~ that ii the Mortgs~a~ a6all py unto tbs ~ort~a~es t~b~?C ce~ia promi~wr~ oots, oi
which tbs fol~owio~ is s subs~antist ooP7. to wIk
=13, d00. ~0 , tott !1~ , Ffo~ids.
D~o~si )1 ~ 76 •
Fae Vv.os R~cwso~ t6e undsnsi~ned promia~e(~) ~o p~,r b
T9= IAtA~ i 111'!lt.~1~OM ORttAMt . s oocporstian ordani~ed aad ~ ~tader tbs
Is~n at ~i S!~'!! 0~ ~O~i~C"lICtR. ot a~der, ~ P~Pv lYIRS~Q Tfi00~1~ tt6~
r0/100 ~1~ (=23,a00.00 wiW iat~t frooa date at ~
t6e r~te at EIQB! A~ ONi H~L! ----P~ ( 8~~'c) P~ aonum an tbs unp~id bal~nos naW pnid.
T6e a~id princip~l and iate~est shv! be pRyable st tbe o~oe ut
T6~ Lors i Ytttl~toa Ca¦Me~ ' -
175 Oraoq its~et
~ 11wrp,~~ . t, 06510 , or ~?t suoh otLer plaoe as t6e boWec mRy dea~nate in writina
delivered or m~iled to t~re debt,or, m monthly installmentu aE ~~D II.~~ aMD ?~/100 -
(i oomna~ioa oa the 6ss~ d~y d • 1a17 ,~d oootinuia~ on tbs ;
Snt dy o~ e~ month ihere~tter unt~ this note is iWl71~sid. e~~ik~~ a~d noL iooaer p~id~ tbs Bn~lpa~rmeaL
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ipal and intenst ahall be dae ~ad ps~~bls on tbe Sr~ti day ad . JA~IT~1Y ~ 2002 . ~ f
Pri~ile~s ~s :+eeerved to prep ay iti aq~ time, ~vi
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tbeseoi not las tban tM amount ot oae ia~tallaaen~ or on~ hun~ed dollus (i100.00)~ whkbe~er i~ Ms. Mp~ymeat in tuil i
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6 a o on iw ~t due daM, ne~d aot be a~aiited nntll ;
the n.~c toao~ imtWm.nt aw aac. or aihtp a.ys attur,neb p~ep~ymeAt~ .n6ld~..~r r.aei~. i
Ii aq~ d~efiaienc~ ~n ths~syme~0 a~ any i~tallment under tbis note is not mads g~ood p~iOr to t6e dne dats ;
ai the ne~t such i~tallnne~t, tbe entira p~in~pal swn ~nd socn~ed iat~eat shall ~ti oaoe beoome dus ~nd p~,~ _
b op
~ able witbwut no~ioa sL tbe option of t,L~e bolder oi tbis aoLa FWvrs ~o euai+ame tbis aoa ahall noL ouasqtute
• waiver of the rigLt t~o eurase ~he e~ in tbe eveati oi i?ny aub~equaat detault In the e~enti oi deiwlt in t6e
~7meai oet thia note, and ii t6e wns i~ aoll~ected b~ ao attorne~ at Lw, tbe nader~aed LerebT agr~ee(s) to
P~7 sD oost~ oi col~ection, including ~ reasonaMe ~~torney's fes.
This note is secursd b~ n~?rtgag-e of evm date esecuted by the nndera~goed on oe:t~in p~+npert~ described ~
tberaia"and~repi+eeents mone~ aciuaUy used tor t~ soqweition ai said P~P~7 ar tbs improvemeats t6se+eun.
Pr~entmenk p~ot~e~L. wd aoLioe. w hersby wuved.
. j•/~_~p t~uzso~t ~ [sast,~
. Jluas s~~ w?re~orr _
_ ~.I x~ v. tss~?~,]
. a~ar o. .w?tsoM
[ss~?~.] -
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And -ehatl promP~Y. a~ P~~. e:scute, eHect, oomplete, aad oomply witb and sbide
by each and eves~r the atiPul*tions. age~t0. omditiaie, and oovmante d saidprom
;esory note and of thi~
mortgaae, ~ea th~ mort;+~~e and tbe atate bereby ereated eball aeaee and be nult ~nd vaid. ~
T6e Mort~oc furl6er oav~anta a~ foliowa: -
1. T6st Ls wiilpay t6e indebtednees, as bereiabe~~e provided. Pri ~ ~s rdeaved top~+ep sy st any time,
wit,l~ontprem'~nm or. fee. the emtit+e ind~~tednees or aqy patt thereof not 3ees~qn !he amount af one iastallmeat, ar
one hundred dollars (=100.00), whicLever ie leae.
; 2. In order more tully to prot.ect the securil,y ot~this mortgage,~the Mortgagor, f,~ether with and in_
, addition to, the monthlv psyments under the terms ot the note secured he~+eby, on the firat ds~ of eac~ month
unti! the said note ia lu~ly paid. ~vill puy to the Mort~gagee, aa wustee, (under Lhe ternis o( Lhis tn~st as herein- '
i s(ter stated) the toUowing awns: , ; .
'i A eum egwl t~o t6e ~nnd nata„ if anY, ~~0. Pius tbe pre~aiwms t6~sti w~l ~ct beoo~rne due aad W?Yabie
an poitioia a[ Sre and ~ bs:ae~d ineuraaa eoverin6 ~ ProP~Y F~ tsa~ea aad sesee~ments
nest due an the a?art~ed prop~tY (aD aa estimsted b~?mf,6e~ort~ee and cf whieb the Mort~agor is
~ n
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e d) l
e e s a
D sums p~id therefor ditnded by tbe nunuber af nnantbs to ~ be~a+e aae an~t6
~ pra to ths dat~s wrben~ ~nd ta?ts, ~ pe~e~ivaos, t~ces, ~ aad aeseeeme~nts tieoom~e delinqueat,
j euch e~n~sto be Ldd by Mortg,~eeintrusttoPsY~~d~t+s.P~~,~~,~~+v~enta.
f (b) Tbe a~gt~ate ut tbe sma~ats ps able purs~anL to eubparssraph (s) and thosep~? on the note aecured
~errbj, e~iII be Pa~id in a~e P~Ymant a?ch month, to be apptied to the i~ it~ems in tLe onler
tated:
(n and ot6er basard inaurance pnmiums;
(In iat~est an the note secured Lereby; aad
(IIIj amactis~tim ot tLe principal of aaid a~e. ;
Any deBcienay in tbe smount d such ~ggngate monthly ~ayment shaU, unlese made good by t,he MorC~
gagor prpr to the due date ot the next such psyment, consWtute an event oi detault under this mo j~;a~e_
ec Morr~.gee's option, Morigagor rvill psy a"late chuge" not escxeding four pe~ centum (4~Jo) of any i~
ment when gaid more thw $fteen (15) daya atter tt?e due d~te thereoi to eo'er tLe extrs eucpense involved in `
haadliag delinquenZ psymeu ts, but au~h 'lita charge"~ shaU' not be payable out oi the proceeds oi any sale ~ ~
msde tu astisafp tLe m
ed btedne~ secured hereby~ udess suc6 proceeds u+e su8'icient to dischsrg~e the entir~s
indebtednas and all proper eoata ~nd expensea secured t6ereb~r.
~ 3. 1f the total of the ps3~nenta macl~ the Mongagor under (a) o[ paragraph 2 prece~ing ahaU esceed
the amount ot pa,vments actvall~ ~1iar1P b~• tFee :~iortgagee, aa truatee, tor ground rents, ta~ snd aesesaments,
and insurance ptr~niui~~s, ns tl~e case ms~ be, such excess sl~all be credited on subeequent puyments to be made
by the Mortg~gor for such itrms or, at Mortga~ee's option, as trustee. ah~U be refunded w Mor~g~ger. If~
however~ such n~ont)dy~paymenta sl~all not br suti'icient to pa~ snch itema when the same shall became due
snd~a?~rable, then tl~e Mortgagor shal! pav to tl~e Mort~ee, as iruatee, sn~ amount necessary to maka up
the deficiency. Such pa~-mcnt al~all be mo~le within thirtv (:i0) de?,vs a(ter wtitten notioe from the Mortgagee
at~?t~iag t,he aanount oi the d~cienay, which notice ma~ be givef! by mail. If at ~ay time fLe 1Nlortg~gor ~1
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