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HomeMy WebLinkAbout0733 r . . . . . . . . . . . . . . . . , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . • . -.~vo~bv~ss.+~~ . . . . . . . . . . . . . . . . . . . . . . . : . . . . . . . . . . . . . . . . . . . . . . . . . . , . . ~ ~ i;Qf.Cf. ~ti,1.`....~ f • - 1;; ~ s ~ . ~ 19 . FOR,VAIUE RECEIVED, th~ und~rsipn~d, joinliy and severally, PROMISE TO PAY to fh• o~der of ` ~ k~~ r i, j~ . ~ :~lri. ~ . ~ ptLM1--? ~1 L r . ~1 :~E~'Lt,~ 'llt~t: ~li~~!•_~: _Zn'~~~ i3~:1 ~~i'.ii~l4~~(.~_~~~~_~~~_~..~~_.'--_~~~~_'__~~~_~__~~..~~__~O~<uRS~ ~ ~t ~ Ir:~iiS .~~'~L~'~1.';~_1°. ,I~'Lri~:.~ c1':t't~t'.~ C`fl~c: r~}:~;?':~ w such olher plu• as th• hold~r ~ he~wf rnay de~ipRat~ in writing Io~ether w~th inhre~t from j~-' ~t'~`±~ i:'~ ~ ~t tha raio of . _ . p~t centum pe? a~~urn on the unpaid balanu un1i) malu~ity. Tha said principal and int~r~st shail ~ ~;~e due and payabl~ as fotlows: ~ `1".~. ~ ~ ~~t r:i~: ::~ri ~i•i~. •i~ u~ f -t, ;ir. ~ ~ ,~,I,,, ~ :1,~ - "jl . ' .'i,i L! _ ' .:1 ~ +.';c' •'iZ;:.. 1 •t- ' ~ _ + . ~ _•f';J !.i . . ~ ~"1, i . 'l~'~ ~ ' ' . . - ' , - ' .t: .:t. . . . . r~, _ •i .f'~.. ~ (i..:') !~i ~1;..~ ~t.,. 1_.~ _ : . ~.t , . ' • 1~ . . :I . . • i~ • ..q; - _ ' ' . .':!l; . . _ ~ . _ , . . H de{avlt b~ rtead~ 1or 1~~ d•ys iw th• paym~nr o~ +ny ~nse~:'~nen1 o/ pri~~•~p.l er ~n1~r~~t o~ a~y p~rt ~he.eof. .6e w6oie s.~~n th.n rrmaining .~p~id w:eh int~~~a~ fh~N ~f holder'. op;we b~co~nr due a~d pz~abie w~16e.` notice Far{~rt Io e¦r~<:w wcA epl.an sball not cons~:fure ~ w~~vtr of ~6• ~ :i;~fi• N•aer~:~• IM sa~n~ in fh~ w~et o! wbs~qre~t d~~a~h. Alu~ ~wstv~tp batA pr~-:'rp~! eoc! e~c•»:d ~+~•r.•~ ~~a~t bw.. .w~~re:~ ue~um ~ er swn~r. :,n~il ~.~~d. iA• ma4~n a:.d en~o~a.n ef Mh eo~? fu~tF.~r waire de~n nd. .o~~c• of nen p~ym~~e •nd prol~st. !f ~•~:s ne~. ia eo~ y.+id at ~ -ai~~ity ~nJ M~ a~~.w +1 pl~~~d r~~h ~n anorn~y for ceU~.t.on, th• ma\e~a _nd •noo~u~s ha~eoe ~y~~~ ~o pa~ +11 eos~• ef e~ll~enon. .ndud~n0 all :evN .o~~~ an~ nawwasl~ •ne~w~y fr~s. ~ ~ ? • ' ~ ~ ~ (SEAL? . _ . _ ` 1 Attast: ~ . . ;SEAL) S _ . . ; - - - - tSEAL) ; , : : . : . and shall duly, promptly and fulty pertorm, d~~c!?arge, executr. etfect, completP, comply w~th and abide by each and e~~erv the st~pulations, agrcementa, rond?t~on~ and covenants ot ssud prom~seory note and of ttus mortgage. then ttua mo~igage and the estate hereby created shall cease and be null and vad. It is underatood that each oi the words. "rtote." "mortgagor" and "mortRagee" respectl~ely and the pron- oun~ reterrmg thereto, whether in the aingular or plural anywhere in this mortgage, ahall be aingular it one only and ~halt be plural jo~ntly and sev°rally. it mure than one, and shall be ma.sculine, fem~nine and/or neuter, whe~- e~•er the context so impl?ea or admits. Md natd Mortgagor for himaelf and his heirs, legal representative~, succes9ora and assigne, hereDy covea- anta ana agrees to and with said Mortgagee, hia legal representat~ve~, successoro and assigns: 1. To pay W and aingular the principal and interest and the variou~ and aundry auma ot money payable by ! viriue of aaid promiasory note, ~nd this mortgage, eech and every, promptly on the dsys re~pectively the aam~ aeverally become due. ! 2. To pay all and aingular the txxea, assessments, tevies, liabilitiea, obli~ntion~ and incumDrances of every nature and kind now on 9aid deacnbed pwperty, and%or that hereafter may be imposed, auttered, placed, levied ; or assessed thereupon, and/or that hereafter mxy be Irv~ed or assessed upon ihis mortgaqe and~'or the indebted- ! ness secured hereby, each and every, w•hen due and payable accord~ng to law, before they become delinquent, ~ and before any interest attaches ~ or any penalty ~s . uicurred; and ~n so far a~ any thereof ia ot record !he same 9 shall be promptly satistied and dischargrd ot record and the onRinal otficial document lauch a~, tor instance, ! ihe tax ~eceipt or the saUsfaction paper ofticially endorsed or certif~edl ~hall be placed fn the hsnda of said ~ :~tortgagee within ten days next after payment; and in the event that any thereot ia not so paid, aatisf~ed and ~ discharged, said Mortqagee may at any time pay the same or any part thereot wlthout wai~~ng or atfecting . any opti~n, lien, equity or right under or by ~'~rtuP of thls mortgage, and the tull amount ot each and every ~ auch payment shall be ~mmediately due anA payabie and shall bear inter~st from the date thereot until paid ~ at the rate ot ten per centutn per annum and t~gether v~nth such interest ahalt be eecured by the lien ot thi~ mortgage. ~ 3. To piace and continuously keep on the bu~ldin~s now or hereafter sltuate on said land fire and windstortn ~ lnaurance tn the u~ual standard poli~y [orm, in n sum n~t les~ than = 25, OCO. ~ : ~n auch com- ~ pany or comp^ ~:cs as may be appro~~ed by sa~~l ;?tort~;a~~~e: ami all 9uch ~nsurance policie~ on eny of aaid build- ing~. any interesl therein or patt thereof, in the aR~reRate aum a[orPSa~d or in excess thereo[, shall contain ths ~ usual standard mort~agee clause mak~nR the L,~~ ur.drr said pol~ciea, each and every, payable to said bTortga- ~ gee as his interest may appear, and each ar.d e~'pr)• su~ h potiCy shall be promptly delivered to and l~eld by aaid l1(ortgagee; and, not less than ten day~ in ~rt~•an~e of the Pxpirati~n of each policy, to deliver to aaid IrtortgaRee ~ s rene~val thereof, to~ether Kith a receipt Mr thr prrmnim nf vt~rh r~newnl; and thrre shall be no auch insur- ~ ance placed on any o[ ?aid buildinRs, any ~nterent therein or part thercot, unles~ in the torm and wfth the loa~ - payable as atoresaid; and in the e~•ent xny aum of money becomea payable under auch pollcy or policiea aaid ~ Mort~aqee shall ha~•e the option to recei~•e and apply the same on account o! the indebtedne~ aecured hereby or ~ to permit said MortRagor to re~eive and uve it or any pnrt thereof for other purposea without thereby wai~~fng ~ or impairing any equity, lien or riRht under or by ~'iriue of this mortgage; and in the event said Mortgagor ahall tor any reaso~ te~l to keep the said premiees sa intur~A, or tail to dellver promptly any ot aaid pol~cies of lnsurance to said btortgaRee, or fsil promptly to p~y tully any premium therefor, or in any respect tW to per- form, diacharge, execute. effect, complete, comply w-ith and abide by this covenan~ or any part herrot, said Mortg- s agee may place and pay tor such inaurance or any part thereot witheut vraiving or atfect3ng any option, lien, equity or right under or by virtue of this mortgage, and the full a~nount of each and every ruch psyment ahall ~ be Immedialely due and payable and ahall bear intorest from the date thereot untq paid at the rate ot ten per centum F+er annum and together with auch tnterest shall be secured by the llen ot thls mortgage. X 4. To permit, commit or sufter no w•aate, fmpairment or deterloratlon of aaid property or any psrt thereot. ~ 6. To pay all and singular the costs, charges and expense9, including reaaonsble lawye~~ tees and cost o! f abstracts ot title, Incurred or pafd at any tlme by sald Mortgagee because and/or tn the event ot the fallurs ~ on the _part o[ the safd MortgaRor to duly, promptly and [ully pertorna. QUcharge, execate, etfec~ complete, comply with and sbide by each and every the atlpulatfons, agreementa, condiUon~ and covenanb ot aa~d promfr a aory note. and Ws mortgage, any as either, and sald co~ta, cAarges and expenses, each and every. shall be Im- ' mediately due and payable, whether or not thero be notice, demand, attempt to collect or suit pending: and th~ ~ tuU amount of each and every ~uch payment shall beu lnterest fwm the date thereot until p~ld at the nte ot ~ tea per centiun per annum; and W~atd cwt~, charges aad ~zpen~es w incure'ed or palq, W~ether ~rtW suc6 ln- terest, sha11 bs ~ecured by ths Ilan ot Wi mortga~s. ~ ~ ~ - BQ~~ JU5 FA~E . ?3 ~ z ~ : ~ ~ :z _ : ~