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Home My WebLink About2751 "1t'~001'` SrL~?Zi~~si'4~?LLS?L44~i~i~i~iLf?~i1r~i ~~i~i~?~iS?~it?~rS?t{?~i!r~i~i~i~i4~iS~i1?LL4~iL';?TiS?~?~~'f?~+L;.f+t?EiS1t; t ..5~~.400.00 ..---------sanuary..19, . _ 1179- FOR VALUE RECEIVED, the undanianed, jointly and severally, PROMISE TO PAY to the order of.___.-_..___...... a _.P.~,_~ ~ 's wife FAYE_~~~--~..----•----------- FIFTY FIVE ~IOVSArID and noJ100---- - - DOLLARS, ;:.t 98- Camelot Dry!e,-- Huntil~g-t~o~n.,. W, . Yrgl~ua._ 25701 ------_•---------__..._o? wd+ other place as the holder hereof may dasipnato in writino together with interest from ___fate•_-shoWn_-aboye_--_____.__-__.-_•_-__-._- . at the rate of .9-~/_~....___._. per centum per annum on the unpaid balance until maturity. The said principal and interest shall 4 be due and payable as follows: $623.26 a month, the first payment being due one m~rith fran the date shown above, , and continue for each Ironth thE'seafter until paid in full. Zliis aim of $ 623.26 paid each month shall first be credited to interest and the rat~ainder to the principal of this obligation. 'IBIS NCYPE I~1Y BE PRE-PAID WI~1.10(TT PII~LTY, AFZ~t FIVE (S) YF~ FRf.M DATE SHC1inN A>30VE. ~ IF dolwwN M ~wwdw for 30 days in the pw~wwwt o/ wwr inttwllrwewt eF principal or iwNnst o? wwy pwrl 1MrowF, lho whoM +orw tMw reiwwiwiw~ unpaid wiM intorett shwll wl holder's option Mcww» dw wwd pwrwhle withet?t notice. Fwiiore h eaeruto uteh op?iow shag wel cowsti?v1! • wwiwr wf thw .~~A~ to •:orciwo IM uww iw tM event of sutssogwwt dwlawh. Aher wtwtwity twoM priweipwl wwd wcerwd iwNrosl ehwll bewr iwMrest wl 0 per contvw p.r wwnett, trwlil pwid. Thw wuhwr. wwd owdorwwrs of Mis wwh lertMr waieo dewrwnd, notice wf nowywrrwewt wnd pretest. N thin note is wet paid wt r m,rv.itr wwd tIN awns is plwcwd with ww anornor for collwct.ew, tM rwahwn wnd owdorswn hwreet w~ree )o pwr wll cosh of collection, iwclediwa all towel 1 co•~s cwd nwwoww?lo wtlorwer twee. ~ / i ~ i ~ • i :l C _ r ' - - (SEAL) ~ - (SEAL) ~ s~ - - _ - - ~ - (SEAL) - - - ~.~s~i~i~15li~r~l~1~'~~~?~i~i ~~i~i i~i~i~i~i~~~i~i~i~i i ~ i~i~i :~i~i~i~i ~ i iii iii : i i~i~i~i~i iii : i~i~i : ••i i i : r i~.~1 i~i~i~i~i~i''i~i~i~i~.~ifi~~~• and shall duly, promptly and fully perform, discharge, execute, effect, complete, comply wtth and abide by each • and every the stipulations, agreements, conditions and covenants of said prum~ssory note and of tlds mortgage, then this mortgage and the estate hereby created shall cease and be null and void. It is understood that each of the wonis, "note," ''mortgagor" and "mortgagee" respectively and the prop- . ours referring Lheret0. whether in the singular or plural anywhere in this mortgage, shall be singular it one only and shall be plural jointly and severalty, it more than one, and shall be masculine, feminine and/or neuter, wher- ever the context ao implies or admits. And said Mortgagor for himself and his heirs, legal representatives, successors and assigns, hereby coven- ants and agrees to and with said Mortgagee, his legal representatives, successors and assigns: 1. To pay all and singular the principal and interest and the various and sundry sums of money payable by virtue of said promissory note, and this mortgage, each and every, promptly on the days respec4vely We same severally become due 2. To pay all and singular the taxes, assessments, levies, liabilities, obligations and incumbrances of every nature and kind now on said described property, and/or that hereafter may be imposed, suffered, placed, levied or assessed thereupon, andlor that hereafter may be levied or assessed upon this mortgage and/or the indebted- ; Hess secured hereby, each and every, when due and payable according to law, before Lhey become delinquent, i -and before any interest attaches or any penalty is incurred; and in so far as any thereof is of record the same shall be promptly satisfied and discharged of record and the original official document (such aa, for itistance, the tax receipt or the satisfaction paper officially endorsed or certttiedt shall be placed in the hands of said Mortgagee within ten days next after payment; and in the event that any thereol,,is not so paid, satisfied and discharged, said Mortgagee may at any time pay the same or any part thereof v?-ithout waiving or affecting € any option, lien, equity or right under or by virtue of this mortgage, and the fall amount of each and every ~ such payment shall be immediately due and l~ayabie and shall bear interns[ from the date thereof until paid at the rate of ten per centum per annum and together with such interest shall be secured by the lien of this mortgage. 3. ?o place and continuously keep on the buildings now or hereafter situate on said land fire and windstorm S C?U U• O U , In such Kom- i insurance in the usual standard policy form, in a sum not less than r.... ~ an or tom Hies as ma be a roved b aairl :lfortgagre: and all such insurance policies on an of said build- P Y P" Y PP Y - 3' tugs, any interest therein or part thereof, in the aggregate sum aforesaid' or in excess thereof, shall contain the ~ usual standard mortgagee clause making the less urdrr said policies, each and every, payable to said litortga- ~ gee as his interest may appear, and each and eve: y su~•h policy shall be promptly delivered to and held by said Mortgagee; and, not less than ten days in advanre of the expiration of each policy, to deliver to said Mortgagee a renewal thereof, together with a receipt tnr the premium of sigh renewal' and there shall be no such insur- i ante placed on any of said buildings, any interest therein or part thereof, unle.4s in the form and with the loss ~ payable as aforesaid: and in the event any sum of money becomes payable under such policy or policies said Mortgagee shall have the option to receive and apply the same on account of the indebtedness secured hereby or to permit said Mortgagor to receive and use it or any part thereof for other purposes without thereby waiving or impairing any equity. lien or right under or by virtue of this mortgage; and in the event said Mortgagor ahaA for any reason fail to keep the said premisrs so inQUrr•d. or fail to deliver promptly any of said policies of insurance to said 14tortgagee, or fail promptly to pay fully any premium therefor, or in any respect tail to per- form. discharge, execute, effect, complete, comply wdth and abide by th[a covenant,-or any part hereof, acid Mortg- agep may-place and pay for such insurance or any part thereof without waiving or affecting any option, lien, - equity or right under or by virtue of this mortgage. and the full amount of each and every ouch payment shall _ be Immediately due and payable and shall bear interest from the date thereof unt11 paid at the rate of ten per centum per annum and together with such interest shall be secured by the lien of this mortgage. 4. To permit, Commit or softer no waste, impairment or deterioration of said property or any part thereof. x~ 6. To pay all and singular the costs, charges and expenses, including reasonable lawyer's fees and cost of abstracts of title, Incurred or paid at any time by said Mortgagee because andlor in the event of the failure ~ k p gager to dui rom q and full dorm, discharge, execute, effect. tom le i on the art of the said Mort y, p p y y pe P t0. rnmply with and abide by each and every the stipulations, agreements, conditions and-covenants of said promis- sory note, and this mortgage, any or either, and said costs, charges and expenses, each -and every, shall be !m- mediately due and payable, whether or not there be notice, .demand, attempt to collect or salt pending: and the ` full amount of each and every such payment shall bear interest from the date thereof until paid at the rate of tea per centum per annum; and all said costs, charges and expenses /O Incurred or paid, together with such ln- w terest, shall bs secured by ihs Ifen of this mortgage. 6L~C!(t~, fwCf ~ _ f~ - - ~4 - - ' _ = ° ~ - -