HomeMy WebLinkAbout0265 ~rtlUtdP~ tt~tUMlj~. that if saic~ .hfort~ar~gor sleall pay rcnto the said ~Jllorlg~~ee
the certain proniissor~ note, aj':v/~icl~ the folloiui~~~ in wurds rind figures is u tr~ce copy,
tu wit: ' ~
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= u~.noe.oo ~t. pl~s~F~.,~.. _,s~
FOR VAIUE RECEIVED. tM wwNni~n~d, ioindY ~nd ~NY• ~NOM~SE ?O PAY to tM ada of
~OLLARS,
at ~ or sueh otlw~ pl~a a~ tM hoidK
M.~of nwy dai/nat+ in writin~, to~nAM witA w~tK~st from dat~ ~t • of pntum pn ~m+m oo th~ unpaid bNanp until maw~ity.
TM r~id W"a~e~Wl snd iMM~1t thall b~ dw and WYabN iu 361 oi $8Z9.00 ~ad~. 8a~d modl3~1
3~ts ~l C~OS ~A ~1A O! ~t lY~t~ ~[Id ahtZl C011t~~ AiR~~
ffi~ ~~~0!!~'l~dC 1l1~ t10~bs ~ ~d.
~ '~1~ ~ ~`i9 1'~~ ~ m~ ~]Ir 1i1~~1it ~1~~.
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1f aNsult b~ ma0~ far ~daYS o t~ ri~ t anY Insulimw+t ot pnetlPil or int~nst or anY psrt th~not, tAt wholt sum theo r~maenlnq
unpald wlth i~t~nst s1~~11 st hWON's option eN tl nA OaYaW~ without notlp. F~Itw~ to ~x~cls~ suc~ optlon snNl not tonst1~~ a wsi~rer ol th~
riQht t0 ~xMtlt~ th~ t~rtN In th~ ~Wnt of subf~qWnt u~t. Aft~r maturltY botA p~lntlPil ~nd ~Cawd I~t~r~st s1~~11 War inl~rKt at~X.OM t~ntw» PM
•nnum untN psitl. Th~ mak~n snd W?dorf~rs Of tN not~ furthlt walw Wmantl. notlt~ o~ non~paY~~t s~d WoNtt. If lhls not~ Is not DaiA at maturity
a~a !M lsnN K pstW wlth ~n attorn}y for toll n, tA~ msk~rS anA MOOrf~rf AMWf ~yrN to paY all cOfts Of toll~ttion. fnttutJinq all court costf and
r~~sooabN stto~MY tws. -
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~ (SEAl)
HY~/~}~ AL)
~t~ Fact ~
and shall perjo~m, comply with. a~rd abtde by esch and euery the stipulations,
ci.greements, eonditions and covendnts of sdid prornissory note and of this deed, then
this deed and the estate hereb~ creacted shatl cease and be null and aoid.
.t~tt~1 the sdid J~Iortgctgor hereby coaereaints and dgrees: ~ ~
.1. To pay atl and sin~ula~ the princapal a~ui intere4t and ot .her sums oj money
payable by virtue oj saicl pro~nissorJ note an.d this deed, or ei.ther, promptlJ ~~~r the
clays respeetivelJ the sanae severallJ come due.
Q. To pay all and si~a~ular tlte taxPS, assessm.ents, levies, liahilities, r,bligt~tions
and encumbrances oj ei~erJ nature on said described property earh and every, anci
if the same be not prnrrtptly pa,u,~ the said JFfort~a,~'ee m.ay at ¢ny time pay the sacnae -
witlwut waivin,g or a~ecting tlie option to foreclose or any ri~ht hereunder, and every
payment so ma,de slualt bear interest from the date tltereof a,t the rate of -
per cent. per cLnnu~n.
J. To pab all and singtcla~ the. costs, CjLQT~P4 arut expenses, including lawyer's
fees, r.eccsont~bly incurred or puid at any tim~ 1_?~ ga.id Jlfort~'a~ee beca:cse of the fcLilure
on the pacrt of the said .hfortgagor to perform, comply with and abide by each and
every the stipula~tions, ca~reem,ents, conditions ccnd covenants of sacid prorrLissory note
and this deed, or either, and every Such pacbment slutlt bear interesL frorra date cit the
~ of ten (10) per cent. per cannurn.
To keep the builciing now or hereafter on. said land insured in a sum not
lessthan FULL IRSURABLE VALUE ~
Dollars, in a company or companies to
b~ apprnved by 8aid Mort$a~ee, and the policr~ or policies held by and payar,ble to said
JKort,~ctgee, and i.n the event any aurn of »wnpy beco~nea payable under such poticy or
poticies, the JKortgccgee shall have the option to receive ccnd upply the sar?~e on account
of the iru~ebtedraess hereby secured or to permit the .M'ortgac~or to receiue d~d use it, or
any pu.rt thereof, for~other purposes, wi~`,hout thereby waivi~g or i~npuirirc~ any equity
lien or ri~ht under or by virtue of this m.ort~a~'e, and may pla,ce ccnd pay for such
insurcin.ce or any part thereof, urithout waivin~ or affeeting the option to foreelose or
ctny right hereunder, anal ea,ch and every such pa.yment shall bectr interest frorra date
a~ the rute of ten- per cent. per annum.
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