HomeMy WebLinkAbout2106 • - - -
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FOR VALUE RKgy~~/Dd~iRnth? and severally, PROMISE TO PAY to tM order of____.__.-_____. - - _ -
_
--~0~~.~---~--~-~-~-~-~--~--~.-~--~._~ "_-.~.---------DOLLARS,
at - wch other lace as the holder
Ti 3Q----Z~ P
honeE may M writiaR together with Interest hom
at fife raft of ~ par centum per annum on the unpaid balance until maturity. TM.said principal and interest shall
tie dw and payable as folbwss
$92. Z~ ? 1011th. t1M ~~Dt pa~rae 1~i>I~ iw Ooq >•Offttti !,role aatq ~ ooeti~ws
fOY ia~Cb 101fts1 thria~tq! ~l paLd• ?hit E~ O: ~~2e~pti~ N411 11i0'Eltth
UbLll t~.til<t ~ Orid~tEtd tA1 ~Atgtgt and t~ sM~ai>adas to ;Lq pl~Nlt~pal O!
tbit obli~atlroe. Thio uota map 1a psapaid at sop ti~w ~ritbo~tt realty.
d def.rll bo .ado for ~ a.ln i. fire p.rwMt of Mstll~.t .t riwcipal i.tena « «r p..1 tl~a+ef, tt» wl~eb-.mow ti~w .e..iw:a
- wyaid wiN~ isleroal sal ak Mldors opliow Aecoaee dw esd pyable wilhew soils. Failwo N o:ordae saxh plies shaft wN sowatilvh wshrer of IAe
rteAl N os»eeiso Iwo seaN i Ihs ovesl of ssd~wsf d.iwM. Ahoy salwUr hN6 priesipal ewd scerwd ishrost shay Ma. ishresl M - Pe? c.stww
per assess rwW pfd. 1'bo sw?.n asd osdorwn of This sedo frAl~er waive ~ersasd, wolico ei w.s~p+ysNSf sad pewe~t. If tl~k wN. is eel Paid at
a.aarill? asd Iwo sw a, pbcd witA as atlerwer for soNed'as, liw swicen asd .wderaen Mreof aereo N pr aft Posts of coilediow, iwcludiea eh cowl
asd roaawaWo arNrsor fooe.
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and shall duly, promptly and fully perform, discharge. execute, effect, complete, romply with and abide by each
and every the stipulations. agreemenU, conditions and covenant, of said promissory note and of this mortgage.
then this mortgage and the estate hereby created shall coast and be nuU area void.
It is understood that each of the words, "torte," "mortgagor" and "mortgagee" respectively and the pron-
ours referring thereto, whether in the singular or plural anywhere. in this mortgage, shall bs singular It one ody
and shall be plural jointly and severally, if more than one, and shall be masculine, feminine and/or neuter. whe~-
ever the context so implies or admits. - -
- And said Mortgagor for himself and his heirs, legal representatives. successors and assigns. hereby coves.
ante ann agrees to and wiW said )Mortgagee. hb legal representatives. successors and assigns:
1. To pay all 'and singular the Principal and interest and We •variow and sundry sums of money payable by
- -virtue of said promissory note, and this mortgage, each aM every. promptly on the days respectively the same
severally become due.
2. To pay all and singular the taxes, aaseasments. 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, and/or that hereafter may be levied or assessed upon this mortgage and/or the indebted- .
nose secured hereby. each and every. when due and payable according to Lw, be[ore they bernme delinquent, -
and before any interest attaches or any penalty is incurred; and in so tar as any thereof is of record the seine
shall be promptly satisfied and discharged of record and the original official document (such as. for instance.
the tax receipt or the sstistaction paper ofticlaUy endorsed or certified i shall be placed 1n the hands of said
Mortgagee within ten days next after payment; and in the event that any thereof is not ao paid. •atisfied and
S discharged, said .Mortgagee may at any time pay the same or any part thereof without waiving or affecting
[6 any optibn. Uen, equity or right under or by virtue o[ this mortgage, and the full amount of each and every
such payment shall be immediately due and payable and shall bear interest from the date thereof unW paid
at the rate of ten per centum per annum and together with -such interest shall be secured by the Uen of this
mortgage.
s. To place and continuously keep on the buildings now or hereafter dtuate on said land tiro and windstosm
insurance in the usual standard policy form, in s sum not less than 1n such com-
pany or comp^nies as may be approved by said Mortgagee; and all such insurance policies on any of said build-
ings, any interest therein or part thereof, in the aggregate sum aforesaid or in excess thereof, shall contain fife
usual standard mortgagee clause making the laws under said policies, each and every, payable 20 said )<fortgs- _
gee as his interest may appear, and each and every su~•h policy shall be promptly delivered to and held by said
' Mortgagee; and, not less than ten days in advance of the expiration of each policy, to deUver to said Mortgages
a renewal thereof. together with a receipt for the premium of rn~h renewal• and there shall be ao such insur-
once placed on any of said buildinss, any interest therein or part thereof. unless in the form and arith the loa
payable as a[oresaid: and in the event any sum of money becomes payable under ouch poUcy 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 Mrithout thereby waiving
or impairing any equity, lien or right under err by Wrtue of this mortgage; and in the event said Mortgagor shall
for any reason tail to keep the said premises so insured, or fall to deliver promptly any. of said policies of -
ltunirance to said Mortgagee, or fail promptly to pay tttUy any premium therefor. or in any respect tail to per-
form, discharge, execute, effect, complete, comply with and abide by this covenant. or any part hereof, said Mortg-
~ agee may place and pay for such insurance or any part thereof without waiving or affecting any option, lien.
equity or right under or bq viKue of this mortgage, and the full amount of each and every such payment shaII
be immediately due and payable and shall bear interest from the date thereof until paid at the rate of ten per
( centum per annum and together with such interest shall bs secured by We Uea of this taortgsge.
s. To permit, commit or softer no waste, impairment or deterioration of said property ~ any part thereat
~ 6. To pay all and singular the costs, charges and expenses. including reasonable lawyer's tees and cost of
abstracts of title, incurred or paid at any time by said Mortgagee because and/or la the event of the faUltre
oa the part of the said Mortgagor to duly. Promptly and tally perform, discharge. esecute,- eKeet. completsti
comply with and abide by each and every the atlpulatlona, agreements, conditions and covenants of and protNs-
sory note, and this mortgage, any or either. and said costa. charges and expenses; each sad every. shall be Ittt-
medlately dos and payable. whether or not there be notice, demand, attempt to eoUect ar snit petal-tng: and the
full anwuat of each and every such Payment rhsll Mar interest fraa~ the date theeeo~ uatll paid at the rats a[
tea par centum per aaattm: sad all said coats„ chsrgee sad atcpeasas st? incurred ere paid, togstlNr wftll snot fa-
Usast, shall be secreted by tAe 1Nn aR this mortgage.
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