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FOR VALUE RECEIVE~, th~ u~dersi ~ned:lointiy and save~ally, PROMiSE TO FAY to Ihe order of ti
a':~ iTL EkIVi and EDr~A t;Ttlvl, ilis _~,vif~, ; ~
i~~.ti~enTy_. ciLc~ht.ThQUSand~I,QUr._Hun~ire~1 ,~oll:ir~_ a.•1:! noJlt?~ DOLIARS, ti `
a~ ~ ~x _~9~_ Zay.~.Q~~~Y~~.~_~Qi~.l'l~ ~~~~s~in~atGn ~Y'OS.~~~~~ ~~i. ~?.d''`U77 ! or wch o?h~r pisce as the holder ~ ~
hareof may d~siq~a ',i~ vrritino topether with .ints~est from ~~-Ule % T~f"I ~ ~
at the ~at~ of ~~~~L___ p er nntum p er ~nnum on the unpaid balance uetil ma?urit y. The said princi p al and interesl shall ~
be aue snd pay~bl• ss follows: ~;?5~.12 per ~OntY., the fir::~ ~~.y171~t1t ve~!1;( d~le J uly 1~, ':~'~'t3, ~ :
~i:3 to continue each snd every r_~o~th t%~~ rF:~~,,er ~intil f+i.ll~ ~a.~~?. -I~ni~ :,~.im? ;,i ~ t
1~ paid each month, shall iir~t ~e c~•F•-~;f~.y~~ to i-~terest a~,ri rem•~.is~~i~;~ ±he ~ f
a
~~~~•'r,~~i~.l of this oblic~tion. , ~ - ~
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li d~farll be ~,d. to. .15 _ d,y. in Ih~ paywwwt ei a~r :natsliwe~~ ef priwc:pa! a iw~~r~sr e~ •w~ part tM~wf, 1M whe4 sa~n Ih~n na.ain~+~
~ap~id ~r~th ieNrN~ sl+sil N MIMrs eptiow O~co.w~ dw and ~ayabb WIf1tOY1 no~.c~. Fa~trr~ eo •s~rcis~ ~vch opt~ow stuN wo~ anw~~i~ut~ wa..ri o1 ~h~ ~
-~yhi ro•a~tuw tl» uww ~w tM ~ww~ oi ~vbs~qv~nf d~taoM. AhN AI~tYf~Ty A~>fI~ F1NMai~I awd scaruld :at~reu ~h~ft b~sr intenit a? , Pe~ Nr1Yn1 `i
F~r annuw wNil p~id. TM w~kKS uJ ~wdon~n oi this eoN I~r?Mr wur~ derwaod, notic• d nowyarawa! aed pWest. K t6is wo~e ia no~ p~id at
m~e~~it; aed fl» ~a~wt q p{~c~ wi1A ~w sH~~wey f~r c~IMd:w+, 1~~ a~a?~~• +wd ~wdo~sers M~rwi ~gre~ t~ P.r all ee~N of coll~diow. inctud:nv. ~II tor~~ ~ ~
~ o.t. and ?~auwa?b NNew~r h~s. ; ~
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. . ~P a C~~~ E'i (SEAL~
~ -.t'1Z~s T.'t'_ll'1E ~
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~rtest: - S/ ~.~~~.4/~? L~+o Ri t -(SEAL)
WilIia.m La,urie
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~SEA~, .
: III~~I.,~~L.~,~ iI t~I1II,I1~1II1/11~IIII1I/IfII~II? / I ~I ~~I ~ ~IIIII~I ~II ~ III 111 ~ IIIIIIlI/I~ III~MI •
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and ahalt duly, promptly and fully perform, diacharge, execut~, ettect, comple¢, romply wtth end abide by each
and e~~erv the sUpulations, agrcementa, condations and covenants of ssud pmm~ssory note u~d of thia mortga~e.
then this morigage and the eatate hereDy created shall ceape and ~e nuU ana void.
Ii is understood that ~cuh ot the wonls. "aote," "mortgago~' and "mortgagee" nspecGvety and the pmn-
oun~ refernng thereto. whether ia the singular or ptural anywhere !n thla mortgage, shall be singular ff one ody
and ahaU be plural jointly and aevenlly. if more than one, and ~hall be ma~culine, feminine and/or neuter. wher-
ever the oontext so implies or admits. ~ ~
And satd Mortgagor for hlmselt and hIa heirs, legal representsdves, succes~on and asslgeu, herebr oovea-
ants ana agrees to and vrith said Mortgagee. ?W legal reprnentativea, succesaors aad assigns:
i. To pay aA and aingutar the priacipal and interelt and the various and sundry iums ot money payable b~
Wrtue ot said prnmiaaory note. and Wis mortgage, each and every, promptly on We days resp~ctively the a~m~
DeveraAy become due.. .
Z. To pay aU aad sin8ular the wces, assessmmts, levies, liabilities, obligations and lncumDrances ot ever~
nature and kind now on aaid described pmperiy. and/or that hcreaiter may be impo~sed. suffered. placed, levied
or asaesaed thereupon, and/or that hercafter may be levied or assesaM upon this martgage and/or tt~e indebted-
ness secured Aereby, each and eve'ry, when due and {?ayable acrnrd~ng to law, tiefore they become delinquent~
; and before any intereat attachea or any penalty is incurred: and in so far as any thereot is o[ reoord the sam~ .
! ahall be prumpUy satisfied and discharged of rccord und the onRinal ofticial document (such as, tor instance. :
i ihe tax receipt or the sstistaction paper officiaUy endoraed or certifled~ shall be plued 1n tne hands of said .
Mortgagee within ten daye next aftec payment; and fn the event that any thereot is not so paid. sttisfiM and
; discharged, said Mortgagee may at any time p~y the aan~ or any part thereo[ without waiving or at[ectir?~
! any option; lien, equity or right under or by ~irtue ot thia mortgage, and the full amount o! each and every •
; such payment ahall be immediately due and payable and shall bear interest from the date thereot until paid
~ at the rate ot ten per centum per annum and together with such interest shati be secured by the Hen ot thia
mortgage.
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~ 3. To place and continuoualy ke~p ~~n the bu~ldin~e now or hereafter situate on safd land Me and wlndstorm
~ . tnsurance ~n the u.Qual standard policy form. ~n a sum not Ics~ than i- ~Z8~.4~•-~ _ 1n such com-
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! - pany or comp^nics as may be approved by said blort~~~ce: and all such insurance policiea on any of said build-
~ ings, any Fntere~t therein or part thereof, in the aR~reRate aum a[onsa~d or in e:ceas thereof, .shW contafn ths
~ nsual standard mortRagee clause makinR thc I~~x~ ur.dPt sa~d policies, each and every, payable to aaid Mortga-
~ ~ gee as his intere~t may appear, and exch ar.d e~•esy su~~A pM~cy shaU De promptly delivered to and hetd by said
b[ortgagee; and, not less than ten daya in advance of the expirntion of each policy, to deliver to sald Mortgagee
( •a rene~vat thereof, toAether w7th a receipt tnr th~ preminm of m~~h.rrnewal: and there shall be no such insur-
" ance placed on any ot said buildinRs, any intereat thercin or part thereot, unles~ in the form sad with the loea
s payable aa a[oreaaid: and in tbe e~ent any sum o[ money becomes payable under such poUcq or policies said
; Mortgaq=e ahall have the optian to receive and wpply the ~ame on ucount of the lndebtedness secured benby oe
j to permit aaid Mortgagor to recelve and use it or any part thereoi for other pnrposes witbont thereby+ waiving
: or impair"~ng sny equity, llen ot ri~ht under or by virtue of Lhis mortgage; aad in the event stid Mortgagor shs11
~ to~ any r~aso~ fail to keep the said premi~ea so in~urrd, or tail to dellver promptlq any ot said policies M
~ lnaurance io ae:~ ::..,-tga~ee: or tail promptly to pay fnlly any pnmium theretor. or in any respect [all to per-
; torm, diF.charge, execute, etfect~ complete, rnmply with and abide bp thii cwvenant, or any part hereoi. ssjd Hortg
~ ager may place and pay for such inaurance or any part thercot withoyt waiviaa or affectina any option, lien,
' equit,y or right t3nder or by virtue of this mortgage, and the [ull aqlount of euh and eve~p wch psyment shall
~ be faimediatelq due and payable and shall Dear int~rest (rum the date thereof untQ paid d the nte of ten pee
f centum per annum snd together with such interest shal! be secured by the llen of thL mortaase.
i 4. To percNt, commit or antter no waste. impai'rment or deterbratfos~ot sald pe+opert7 or an7 P~
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~ 6. To psy atl and singular the costs, chargea and expenxs. tncludina na~onable lawye~~ fees and cast ot
aDstracts ot tiUe. tncurnd or pald at an~ time by aald b[ortaa~ee becxuse and/or in ths sveAt a[ the failur~
g on the part ot the utd Mortgagor to duly, promptly and NUy perfona. dl~cbsr6e. eaecut0. ~mplet~
~ comply wlth and ~bfde by eac1~ and everp tbe stlpulatloaa. aareaneat~. canditfo~ns and oovmaats ot said pmrals-
s wry note, and Ws mortgage. any or e1Uer. aad said costar charges aad expen~ aich aad every. ~hall be tm-
E mediatef~? due and payaDle. wDethv or not thera be notice. ~emaAd. attasnPt to uullect oe aulL pendtng: and th~
~ full amount of each arW every wch payment ahall besr 1nt~re~t trom tlw dat~ tb~t+eot uattl pa13 at tLe ttte ot
~ ten psr centum per annum: and aU a~fd owt~„ char~ea aad ~sPeaw ~0 /neurrd or palq, LoptMr w1tL auch fn-
~ tet~eat. ~ball b~ ~ccured bp tb~ 1Ma ot Ws mortgap. .
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