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HomeMy WebLinkAbout0473 . ~~?<iL<iS?~iO~r~i4~?"ifr ~~i~i~s~iS?~iL'~4~r~iL~i~i~i~sti~i~~~i~i4~'iV*I~?4S~YIt?'IQISijIbS?fr4tl~r>~ ~ .........._..F.ebr_uarx_.1,. 1~Z9..._. ~ . ~ s .~_3~~QQ,.9~__....~. ~i fOR VALUE RECENED.IIM ioinfly at+d s~v~raliy. PROMISE TO PAY to ths or~w ef...._....._-------------- . ~ _...~i4~~R_~.~~~_~n~~_.~IrA~N~__F_. _.~tA~i~~R._h~.S...~i~g._--~---------------------------- . _ i y - , THIRTY-THREE TH0~~1_N,p _A~`1A_.HQ11QQ__.. ----------------.-DOtIARS ~ : ~ _ ~ or wch Mher plan as th~ hold~r ! at . ~ AA~'~~ 1 1979 ~ ; ~ h~?+of mar^d~sio~ata in w~ifin0 toptth~r with inter~:t from - . at th~ raN of __:_._1~___.-•-•.- p~r c~Mum p~r annum on the unpaid bal~nct until m~turitr. Th~ said prioc+psl and int~rest shsll ; be du~ sed payabl~ ss follows: . ; : ~ . Initial $5,000.00 due on note on March l, 1979 plus interest and remaining balance due on June 1, 1979 with interest. Z . ~ . ; 10 ds t iw ~he www/ et aw iws~~llwynt ~I 'rn~ci*sl w i~Nr~t1 ~r ~wr pul fl»n~1, M» wlwl~ t~s IMw nwuiw~wf ? j N~.f.,d, b. _ r wr r „~pu~ W~ M~q ~AaQ s1 IrliN's ~r1i~w dw awd p~r~bb witMw ~e~ic~. Failve~ N•a~nis~ ~rcA p1i~w sMN wN c~wslihN~ ~ vr~iv~~ ~ ; ryA~ N~a~rciN tM sa~ M~~~Mt s~~q~~ ~~fauh. AFar aufreity b~fh pr:wcip~l aw~ ~carr~ inN~~s~ sh~N ~~r iwhr~s~ ~I 1 rr s~~tvw~ S e p~r ~wwrw ~wA'1 TM wsk~n aw~ ~wd~?s~n ~f tAis n~t~ fuAM~ wa~~~ d~~nanJ. w~tic~ ~1 wew~~yw~ew~~ ~w~ ~e~~+t. If thi~ Miwcl ~in~' a 1 ~wr1 : ! ~,~tir~ ~ ~ s~ „ ~I~a~~ wd? a ~n~rw~y !ir c~lbc~.~w. ~M~ ~wake~s +nd •wden~n Mreel ~yr~~ e~ p+y +N c~~M ~f c~lbtli~w. • ; } i ~oa~ ~ haw~rM aN~ew~y b«. S . / ? ~ny ` . ~ • G ~ • ~ / • ----5 t~i f I i ~4 H^ ~~r u'~S r~ (SEAl1 t . _ . . . - - ^ v ; . . t~~Y`~?' h.d-C. / • ~~s~ rT~, (SEAt~ ~ ~ ~ ; An~st: ~ - - . _ _ _ - - t~ , . L ~f ; (SE/1t) ` ~ ~ - - - - i~9~i~4~19}b''!.•: : : : : .~i~.~: : : . : : : .~.~•~/'.~.~.'.`'.'~.~•'i''.`~.~.~.~.!•~ifi and shall duly, prompUy and fully perform, dl~charge, execut~, etfect, completP, comply wtth and abide by each and everv the stipulationa. agreementa, conddions and covenants of s:ud prum?ssory note and oi this mortgage. then this mortgage wnd tha eatate hereby created shsll ceaae and De nuU and void. It is underatood that each o[ the wonla, "note," "mortqagor" and "mortqagee" lespectlvely and the.~pron- ouns referring theret0. Whether in the singular or plural anywherc in thla mortgage, ahall be singular !t one oNy and shall be plural jointly and severally. if more than one, and shall be maaculine, teminine and/or neuter, wher- ever the oontext so impliea or admits. And sald Mortgagor tor himnelt and his heirs, legal repreaentatlves, aucces~ore and eiseigns. hereby ooven- ania ana agrees to md with seid Mortgagee; hia legN repreaentatives, successors and a~signa: 1. To pay W end aingular the principal and interest and the variou9 and aundry auma ot money payable. by = vlrtue of said promiasory note, and this mortgage~ each and every, prompUy on the days rcepec4vely the same ~everally become due. Z. To pay all and singular the ta~cea, asses-smenta, levies, liabilities, oblfRation~ and incumbrances ot every nature and kind now on said described property, andlor that hereatter may be impaved, suffered. placed. levied or aaneased thereupon, and/or that hereafter may be IeviM or assessed upon this mortgage and/or the indebted- ~ aeas secured hereby, each and every. when due and payable acrnrding to law, De[ore they become delinquent~ and before any interest attaches or any penally is incurred; and in so tar as any thereof ia of recoM the same . i ahall be promptly satisfied and discharged ot record and the oriRinal oUtcial document (such as. tor instance, [ :he tax receipt or the astiataction paper of[icially en~ioraed or certifiedl shsll bc placed in the hands ot aaid ~ Mortgagee within ten days next after payment; and in the e~•ent that any thereof ia not so paid, eatisfied and ~ discharged, auid biortgagee may at any time pay the same or any part thereot w~ithoui wai~~ing or affecting ~ any opti~n, llen, equity or right under or b~~ ~•irtue of this mortgage, and the full amount of each and everq ~ such payment ahall . be immediately due en~i payab(e and shall bear inlernst [rom the date thereof untll paid ~ at the rate ot ten per centurn per annum and together with such interest ahall be secured bq the lien of thii ~ mortgage. 3. To place and continuously ke~p on the bwldin~a now or hereafter situate on said land~tira and windstorm ~ insurance 1n the u.aual standard policy form, in a sum not less than =...I~!!.!~.'....~..._~-.~.---~.-...-., In nuch com- pany or comp^nies as may be approved by sairi Mort~a~ce; and ap such insurance policies on any ot said build- inge, any intereat therein or part thereof, in the a~~regate sum aforesaid or in excess-thereot, ahall contaln the usual atandard mortRagee clause makin~ the luca ucd~r sald policiea, each and every, payable to said Mortga- gee as hls lnterest mav appear, and each and e~•ery su~•h pnGcy shall be promptly delivered to and held by eaid Mortgagee; and, not lesa than ten days in adran~e of the exp~ration o[ each policy, to deliver to anid Mortgagee s nnewal Lhereof, to~ether with a receipt for thP prPmium of ~i~h r~newal; and there ahall be no auch insur- ~ ance -placed on any ot said buildlnR~, any interest therein or part thereo[, unle.a~ in the form end with the loas pavable aa a[orcsaid: nnd in the e~•ent any aum of money becomes payebie under auch pollry or policies aaid MortRagee shall ha~e dhe optlon to recei~e and apply the same on account oi the indebtedneas aecured hereby or to permit said :I+iort~{agor to receive and u.e it or any part thereo[ for othec purposes arithout thereby waiving or impairing any equitv. lien or riRht under or by virtue o[ thia mortgage; and in the event sald Mortgagor shall ~ for any rrason fail to keep the said premiees so insurnd, or fail • to deliver prompUy any o! aaid policies of ~ insurance to said rtortgaRee, or fail prompUy to pay tnlly any premium therefor. or in any respect fall to per- torm, diacharge, execute, ettect, complete, comply w~th and abide by thia covenant, or any part hereot, anid Mortg- P agee may place and pay for auch in~urance or any pari thereot without waiving or attecting any option, lien, ~ equfty or right under or by virtue ot this mortqage, and the fu~l amount o[.each and every auch payment shaII ~ be immediately due and payable e~nd ahall beer int•rest from the date thernot until paid at the rate ot ten per centum per annum nnd together with auch Interest ahall be eecured by the lien ot thU mortgage. ~ 4. To permft, commlt or eutfer no vra~te, tmpairment or deterionUon of sald property or anq part thereof. ~ 6. To pay all and aingular the co~ta, chargea and expenxa, including reasonable lawye~s teea and coat ot ~ ~ sbstracts oi tiUe. lncurred or paid at any Ume by aald MoKgagee because and/or in the svent ot the faflurs ' on the part ot the sald Mortgagor to duly, promptly and tally pertorm. dlscharge, execute, effect, complete. ~ ~ comply with and abide by each arid every the sUpulationa, agreements, conditfons and oovenarlts ot said promis- wry note, and thls mortgage, any or elther, end safd costs. charga and axpen~es, each and every, shsll be im- medlately due and psyaDle, whether or not ihere De notice, demand, attempt to collect or sWt pending: snd ths iWl smoant of each and every iuch payment ahall bear interest lrom ths dats tt~ereof until pald at the rste oi ten per centum per annum; and all safd costs, charges and e:pense~ ~o lncure~ed or paid. together wlth sucb in- terest, ~all Ds ~ecured by Ws llan oi Wa mortgage. ~ . • , - ~ - ~ b~3t~3 ~ 4~2 ~ - . ~ ~~.M~'~"_~~~.. _ ,f +5•" . ~ a - _ ~ y _ i'~.~-'.~"~ . ,z.c.e.. _ r.- o't ,cs~''°~"y~1`1=3£~~