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Home My WebLink About0138 ~%'.•.~.'LLLS.ti•.LS~.L!.~.L•.'.~.'.•.'.~.•.•.•.•. : : : : : : : : : . : ~ :.•.~.5.•.•:.L•~ ~ a : S_ 2_0,_000., 00--_-------- JanuarX 6, . 19~~ . ~ . . , fOR VAIUE RECEIVEO, th• undsraipn~d, joi~tly and severally, PROMISE TO PAY fo th• or~er of : ~ . -.-.-HARULD._S13EAR------------------------------ . _ - . - ~ ` -----Z'~aent_ . Thousand_.and ..no 1.QQ----' . . DOIIARS, R Y / - at _~,Q7~._N.~~. Commer.cial...Str~et, JeriS~Tl_.B~_dC~l.~. F~,___._.~~4_ST.. or such olher pisce ss ths hold~r ~ herwf mar desi~nat• in writinp topethe~ with ~~~~?t:~ f.om .date _ here.of . . _ . _ . at th• ~at~ of ...~Q_$~_.._.__._._ p~r centum per annum on the unpaid balance until maturily. The said principal and interesl shsll be due a~d p~yable ss follows: ~ . - PAYABLE ON DEMAND BY THE BEARF.R. ~ C , ~ : , ` ~ . II J~I~~h 6~ mad~ (er 5 d,ya in t6e p+ym~nt o( anr insNllrnen~ ei princ:psl er int~r~~1 or anr pan th~r~of, ~A• wl~el~ ~YT ~A~n re~ntin~n0 ~ u~p~iJ wiM~ iwhn~! ~Aall a~ held~i a ep~ion b~cem~ dv~ and p~rable w~~l~o~t no~ic~_ Failur~ te •a~r~is• svtl+ eptiow al~all nol ~ons~~~u~~ a w~iv~r et t6~ ~ a ~ ~yA~ t~ •a~nia• tM s~w~~ iw ~6• •v~n1 of sub~~qwn~ deFaull_ A/t~r ma~vrihr be~6 p.~n~tpal ~ed accrwd inl~rett shall b~ar in~tr~s~ sf 1~$ per c~nfv~n p~r •wn~~w vwtil p~id. Tb~ ~na1~n •nd •edo.ssrs ef Il~is net~ IuAA~~ w:ire dernand. neuc• oi nonpaym~nt and pre~~~/. I/ t6i~ wot~ is ne~ pa~d •t ; T~IVf~~ •w~ fA~ ~~ww i~ pl~c~d ~ritl~ an s~torn~y fer ~ellec~:oe, ~h• mak~n and •ndeners 6~reo1 •gre~ to p~r all coa~~ ef eoO~cKen, includ~e~ •U ~e~A ~ ~ ~oits •w~ »u~w~~b an~rn~~ f~~~. - l • ~ r . . . : G~~ - ; , . , % ! ~ ; ' ` . ~ - .i,/ : ~ ~ ; ~ ` • . I, ~ ~ ~ _ (SEAL) : . . _ . INDIAN PROPERTIES, C.~ , ~ ~ ` . ~ . Attest:- . ~ • BY~ --/-~--j.".~~~ ' ` • (fEAI r~ . , . ~ r . ~ . • G ~ ) ~ _ ` ~ , ~ - l,l.-.Ll't-L-}:~. ~ ' L ' ) C~ ~ L (SEAL) : ' • : ?fi i~i~~~s~~iaifi~i~~i~i~i~i~i~i~i ~~i ~~i i~i~i ~~i~i~i i~i i i~i : i i~i i~~~i~i~i~.~+'i~i~i i~i~i~i~~~i~i i~i~i~i~i~i~i :~i i~i i~.~ ~i i i i i~i i~i i i i~i~i~i~i i: i~i~i~i~i snd shall duly, promptly and fully pertorm, d~scharge, exerutP, effrrt, rumpletr, ~-omply w~th and abide by each and e~'ery the st;pu:auons, agreemrnts, condit~ons and ro~•cnants uf said prum~s~ory note and of ttus mortgage, then this moKKage and the estace hereby createci SIIJII cease and be null anc] ~~oi~l. It is understood ihat each of the ~vor~s. "nole," "morty;agor" and "mort~n~ce" respect~vely and ihe pron- ouns refernng thereto, whether in the sin~ilar or phtral anyv~here in thls mortgage, shall be s~ngulat it one only end shall be plurxl jointly and severally, ~f mure than one, and shall be uia.9culine, feminine and'or neuter, wher- ! e~•er the context so implies or admits_ ; Md said I?iortgagor for himset[ and his heirs, legal representAti~~es, succe_vsors and assigns, hereDy coven- ant~ ana agreea [o and wzth said 1?iortgagee, h~s legal representatives, sur~-f~ssors and assigns: i - 1. To pay all and singular the principa! and interest and Lhe vanous nnd sundry sums of money payable by . virtue of said promissory note, and thi~ mortgage, each and every, promptly on the days respectively Lhe same ' severally become due. ~ 2. To pay all and singular the taxes, asses~ments, tevies, liabil~ties, obli~ations xnd incumbrances of e~~ery t nature and kmd now on said descnbed pro~:erty, and or that hereafter may be imposed, auffered, placed, le~•ied ~ or assessed thereupon, and%or tha[ hereafter ma~ br I~v~ed or a_csrsse~i upon this mortgaRe and'or the indebted- ~ ness secured hereby, each and ever}~, ~~~hen due and pxyable accord~n~ to law, before they become deLnquent, and brtore any interest attaches or any pPnalty ~s mcurred; and ~n so far as any thereof is of record the same shall be promptly sat~sfied and discharneJ ot record and the onR~nal off~c~al document Isuch as, for i~is[ance, thr [ax receipt or the satisfact~on papPr officially en~i~,rscd or certifled~ shall be placed in the hands of said biort~agee V~~ihin ten days next after Cayment; nnd in the event that any ther~of ~s not so paid, satisfied and { discharged, said ~iortga~ee may at nny t+me pay thP s:in?e or an~ part there~[ w~ithout wai~zn~ or affecting any optibn, lien, equity or nght und. r or b~• ~~~rtn~ ~f thzs mort~a~.~, and the (ull emount of each and e~'ery su~h payment shall be immediatFly due an~1 Z~ac:~h:c :in~t s'^.:?11 bcar intrr~st from the ~ate thereof until paid ~ at the rate ot ten per centurn per annum xnd l+~he~th~r w•ith such ~nterest shall be secured by the licn of thia " mortgage. s. ; 3. To place and cont~nuously ke~p on thP bu.ldin~s nuw or hereafter sttuate on said land fire and windstorm i v insurance in the u~ual s[andard pol~~y Mrr.~, in a ~um nr,t less th:ui S N A In such com= pany or com;~^.^.ics as n~a~• be appr~~~•ed hy ~a:~l ~i~~r!;;ar~•e: .+mi ~11 sue~h ir?surance pnlicies on any of s±tid build- ~ ings, an} intPrest therein or part thereof, in thP n~,rr~ate sum afor~sa~d or ~n excess thereof, shall contain the ` usual standard mnrt~a~~e ~lause mak~n~ tY~e lu~s ur.~i~~r srtid (?olirirv, eat-h and e~'er~, payable to sa~d ~tortga- - ~ gee as his interest may appear, an,i Pach ar.d ~~•~rt~ h p~~E+cy sha11 be promptly deln•ered to and held by said = blort~agee; and, not lcss than ten daps in ad~anre nf ttie ~~x, ~rat~nn of Pach poliry, to deliver to said btortRa~ee ,h a renetival thereot. toRether ~a•ith a rece~pt !~r thP prPmuim nf vii~~h r~ne~val: and thPre shsll be no such insur- ~ ance placed on any of ~aid bultdinKs, any interest thrr~~in or pari thercof. unless ~n the form and with the los9 - payahle.as aforesaid; and in the e~-~nt any sum of money b~comes payable under snch policy or policies said 1liortt;a~ee shall ha~•e the opti~~n co rc~cei~'e and a~ply the ~am~ ~n arcount of the indebtednes~ secured hereby or to rPrmit said :~iortgaRor to re~ei~~P nnd n~e it or any ~art thercot for other purposes without thereby waiving or impairing ant equity, lien or r.~ht under nr by ~•~riue of this mortga~e; and in the e~ent said MortgaKor ~hall for ttny reasm [nil to keep the sa;d prem~c~~~ 9~ in~ur~A, or tail to deliver promptly an~ of said poLc~es of insurance to sa~d ~torL~aRee, or fail prompilp t~ p~}• fnlly :u~y premium therefor, or in any respect fail to per- form. dischar~e, exc~ute, etfect, comptete, cumply w-ith and abide by this covenant, or an}• part hereo[, said ~tortg- :s aRee may place and pay for siich invurance or anv rart therenf with~ui vrai~ing or affectinq any option, liPn. ' equity or r.Rht under or b~ ~•~rtue of this mort~a~;e. an~l thc ful] aoiount of each and every at~ch payment shall be fmmediately due an~i pa~•able and shall bear int~rest trom the date thercof untll paid at the rate of ten per centum per annum and toRether K^th such fnterest shall be aecured by the lien ot thie mortgaRe. - 4. To permlt, commit or ~iifter no «•aste, im~airment or deterioration ot safd property or any part thereot. ~ 6. To pay all and sin[~ular the co~ts, charqes and expenses, including rc~ssonable lawyer'e fees and ca+t o! ;ui abstracts ot title, fncurred or paid at any time by satd Dinrtga~ee because andior tn the event ot the fallure = on the pert ot the said MortgaRor to duly, promptly and fui3y perforra, dl~charRe, execute, etfect, complete, comply v~~th and abfde by each and every the stlpulations, agreemenia, condiUons and covenanta of said promL~- sory note, and th1~ mortRage, any or either, and said c~st~, charges and expenee~, each and every. ~hall be Im- mediately due and payable, Khether or not thece be notiee, demand, nttempt to collect or ~uft pending: and the :~a ltill amount ot each and every such pavment shall bear interest trom the date thereot untU paid at the rate ot ten per centum per annum: and all r~td coata, charges snd expenae~ so lncurred or paid, together v~~ith auch in- = terest, ehall be eecured by the llen of Ws mortgage. _ `~~K 280 ~~~E 138 _f~ _ _ _ ~ ~ ~..._c _ . . . . ~ . . iz~.~r . _ . -