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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
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'a~ EIGH~'.,.11~45~.~..~:~
~Y ~ i~RED _ AI~'D__ N0,~100 ~ . . ;
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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 ~
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~ 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. ~
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\ 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~.
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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. ~
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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: -
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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~
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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.
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