HomeMy WebLinkAbout0520 . evidencing the additional borroving. The said Third Note ehall
be secured by the aaid mortgega~ es aupplanented hereby, with
the same force and effect as if the additional borroving had
been included i~ and evidenctd by the original note deted
' August 27, 1968, and had been apecifically aecured.by the mortgage ~
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of Auguat 27, 1968. _ ` ~
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3. Sxcept aa herein modified. all proviaiona of said mortgage
shall recnain ir full force and effect.
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4. For repayment p~ncposes and other reaaons evident herein. the note }
dated August 27, 1968, and the Second Note dated March 16, 1973,
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and the Third Note dated April 79 , 1977, are hereby coordinat , ?
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modified, consolidated and canbined; the consolidated balance of ~
principal due lbrtgagee is FIVE THOUSAND FOUR NUNDRED THIRTY SEVEN AND ~
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S8/100 ($5,437.58)-----------------------------------------•-DOLLARS ~
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and shall bear interest at the annual rate of eight and one-half ~
(8.5~) per centum per annum, and the consolidated notes $hall be
paid by Pbrtgagors in ~onthly installments of Fifty-Oae and ~
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00/100 ($51.00)-------------------------------------------DOLLARS, ;
at the times apecified therein.
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5. In addition. Nortgagee to keep in effect a certain Home Protection,
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Non-participating. non-coavertible term insurance reducing~in
i amount monthly for the term period as set forth therein~ policy
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i of inAUrance number 821 296, aritten by Security Life and Trust
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i Company~ Winston-Salem, North Carolina, and to pay such premfums
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; and charges as may be necessary to keep said policy in force.
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~ 6. Mortgagor agrees to comply Mi[h all the terms of the notes and
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; mortgage, to vhich this document relates, as hereby coordinated,
; modified, consolidated and canbined. She further covenants and
! agrees that she will pay the said principal and interest thereon
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