Loading...
HomeMy WebLinkAbout0255 ' { 'i~Vi4~Ob~ f~$~~~~...~_. . .-------.__.S.~RC_~At1?~~..10 »77..__. FOR YALUE RKEIVEO th~ und~tsi ~d toint1y aed ly ROMISE T'AY N th~ er~ of - ~ L~IARD f RWIN an~CdRA LEE I~~{~~~ ~ s wif e , ~ ~ 'a~ EIGH~'.,.11~45~.~..~:~ ~Y ~ i~RED _ AI~'D__ N0,~100 ~ . . ; , oOltARS. . 12~_. onder~r'a13~~t.._P,d~..?.. ~~~st9].~_Te~?nessee~620___..._..----~-----er wd~ o~hu placa :s tl~ Mid~~ ~ h~~of au d~~ nah te writi . ; . r ~ n~l ~•th.r with inr.nst f.a+~ ..----._d~t~.._~ki4V~. _~~?oye ~ - - - - ~ at tIN ?at~ ef p~? c~Mum p~? annun~ on th~ unpaid balanc~ uMil ~maturity. Th~ said principsl and in~~ shaq ~ be dw aed p~yabl~ as foltows: ; ~221.98 a month, the first payment being due one month from the date shown above, and continue for each month thereafter until paid in full. ~ This sum of ~221.98 paid each month shall first be credited to interest * and the remainder to the principal of this obligation. This note may be pre-paid.at a*:p time without penalty. ~ ~ ~ , . \ M~Miwh w w~ h~ 9O. ~aps ~w e1w ~a~r~+ ~t «w ~aall~~ d pwe~al « i~n~t « ~t w?ai~ ~riM iwM~n dall a~ MI~.'s +"f~ M~ N» wl»M ai. N~ e~wi.iw~ ~pi~~ ?~sMw rw pr~?b witlwW ytia. hiiw~ N~:~esi» wcM Mli~w sUa/ ~N wyiw~ ~f tl~e ~ .i~M N~ Nr sw i~ IA~ ~v~t ~f w?~wwt ~farll. Ah~r ~wMwiryr MM'riwd*al ad aeeewr iwN?~M sMll M~ iwNhst N i'~ P~r wNil ?M w~YNS aw~ ~w~esws d Niia w~N twfhN waiw ~wa~. Mtia ~f w~arw»w~ aw~ ~NSt. If Mrs wq~ i~ aN ~ M~ -~dv.ihr ~ 1A~ aaw~ ia ~hs~ iraA aw a~Nrw~y hr e~ef:~w, tM wak~es aw~ M~n~n Iw+~i a~n~ 1~ ~ ~M eNM ~i e~N~eri~w, i~ddiq aM' s+w~ ~ ` -h ad Ni~M~ MN~Ny 1~. • ~ • ~ s s G o n _ ~ ~ 1 " - ~ - - ~ t ~~F._ . - - ~ - 'L ~ r - - - ' - - cs~~ Z • , S * , : AftM• ~ • - ~ ~ -~a - - - i ; - . . _ - • ti`~ c ~ - - - - . ~ ~~~5'i 1 ~•~.~4.?.4•.'.~.•.~.•.~.•.•. :•.~.•.~i~d.~i4~.•.~~i•.•.~i~s~'••.~.5 :4~i•..~.•.~.~.?.•.~.•.4~/r~~Yb~.~i99/9~i/rr/~/yA4y~~ s \ } ' ~ ? and ahall dWy. promptly sud fully pertorm, discharge, execute, eftect, complete, ~:omply wfth and ab[ds bp Mth 't,~ snd every !!ie atipulations. agrcements, conditions and covenanta o[ said promissory note u?d of t,his mortaap, ~ thm tt?!a mortgage and the eatate hereby created shall cease and De null sna ~oid. ~ : It is underatood that each of the wocris, "note," "mortgagoc" and "mortgagee" reapecUvely and the pron- ~ ouns reterring thenior whett~er. in the singular or plural anywhcn in thls mortgage. s~hall be aingular it one ody ~ and shaH be plural ~ointly and severaUy, lf more than one, and ahall be ~nasculine, teminine and/or neuter. wher- t ever the conte:t so iinplies or admits. And ssld ldortg~gor for himeelt and his heirs. legal repreaentatices. aucceasors and aasigns. hereDy ooven. anta anu agrees W and with said Hortgagee. his legal representaUves. auccessors and assigns: - ; 1. To pay all aad singular the principal and intereat aad t6e various and sundry sums of money psysble b~ ~ virtue of sald promiasory aote, and this mortgage. each and every. prompUy on the daya respectively We ~am~ aeverally become due. ~ Z. To psy all aad singular the tauces, dssessments, levies, liabflities, obliRatlons and incumbranca of every n~ture and kLid aow on said de~cribed property, and/or that hereatter may be imposed, suftered, placed, levied = ~I. or aasessed thenupoa. and/or that hereafter may be levied or asaessed upon this mortgage and/or the indebted- ~ ' neas aecurtd hereby. each and every. when due and payable according to law, betore they become delinquent, i. ~ and before any intere9t attaches or any penatty is incurred; and in so far es nny thereof is ot ncord the aame y ~ ahall be prorapUy aatiafied and di~charged of tecord and the original otticial document (such as. tor instance. i the tax receipt or the satisfaction paper officiatly endoraed or certifiedl ahall be placed tn the hands of said E Mortgagee within ten days pext after payment; and ln the event that any thereof is not so paid. aatisfied and ! dlscharged. aaid Hortgagee may at any time pay the aame or any part thereot without waiving or affecting any opti0n. llen, equity or rigttt under or by ~ irtue of thia mortgaqa, and the full smount of each and every such payment ahall be immediately due and payable and shall bear interest from the date thereof unt~ paid at the rste of ten per centwn per annum and together with such interest ~hall be secured by the lien o! tt?i~ z Q10TtgSgE. 3. To place and continuously keep on the bu~ldin~a now or henafter aftuate on said land fln and windstorm lnsurance fn the usual standard policy form, in a sum not less than i ..............~~g_~.._..---••-••--•••••---•--•---•. 1n auch com- ; pany or comp^niea as may be approved by said 7Nort~a~ce:" und all such insurance policiea on any of safd build- ings. any intereat therein or part thereof, in the aR~regate sum atoresaid or in exceas thereof, shall contain ths usual atandard mortqagee clause making the lu.~~ ur.der sAid policfes, each and every, payable to said Moriga. : gee as hi~ intereat may appear. and each and e~•ery stu•h policy shall be promptly delivered to snd held by sald ~ Mortgagee; and, not lesa than ten days in adran~e of the expiration ot each policy, to deliver to awtd Mortgagee s renewal thlreof, toRether with a receipt for thp premium ~t ~m~h rnnewal• and there ahall be no such tnsur- ~ ance placed on any ot aaid buildfnAs, any intereat therein or part thereot. uNess in the form and with the loes ~ payable as atoreaaid; and in the e~ent any sum ot money becomes payable under such policy or policies aaid ? l~oKgagee shall have the opUon to receive and xpply the vame on account ot the indebtedness secured Aereby or ~ to permtt said Mort~or to receive and uae It or any part thereot for othes purposes ~vlthout thenby waivfng i or impalring any equity. Uen or riRht unde~ or by virtue ot thta mortgage; and in the event esid Mortgagor shsll tor any reaaon fail to keep the aaid premises ao [n9urrd, or fail to deliver promptly any ot said policies o! - ; t insurance to said Mortgagee, or lail prompUy to pay tnUy any premium therefor. or in any respect fall to per- ; ~ totm, diacharge. euecute, effect, complete, comply a~ith and abide by this covenan~ or any part henol. aaid Mortg- ~ agee msy place and pay for auch in~urance or any part thereof without wafving or sifectlng any aption, lien. ~ equity or right under or bq virtue of this mortqage, and the fu0 a~7?ount oi each and every such ptyment shall ~ be immediately due and payable and shall bear intPrest trom the date thereof unt11 pald at the rate of ten per i oent~un per aanum and together with such interest shall be aecured by the 8en of this mortgage. # ~ 4. To perml~ commft or ruffer no waste, Impalrment or deterlonUon of sald property or a~r part therool. ~ ~ 6. To pay all and aingulu the coets, chargea and expenses, including nawnable lawyer'~ fees and co~t ot abatracts of tltle. lncurred or pafd at any tlme by sald Mortgagee because and/or tn the event ot the tdlurs ~ the part of th~ said ltortgagor to duly, pmmptly aad iWly perfotTn. dlscharge. e:ecute, effect, complete, ~ oomply wltli and abide by each and every the stlpulsUons, agteemeaU, conditfoiu and oovenanL of aaid promis- . ~oq note. and this mortgage. anr or efther, and eaid costa„ charges aad espen~ea. esch ar~d every. ihaU bs Im- ' mediately due and payable, afiether or not there be notice, demand. attempt to ooUeM or ault pending' and ths ~ !Wl amow?t of each and erery such payment shall Desr interest trom ths dats thereoi untll pald st the nte ot ten Mr centum per ann~un: and all ~afd cosb. charges an0 e~cPeases ~o lpcureed or pald~ Wgether wlth such in- terea; ~ha1! b~ ~acured bp tb~ Uen o! thfi mortgags. ~ . f `DOK ~ ~ . ~