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FOR VALUE RECEIVED, tlt~ undorsipnad, ~ointly and severally, PROMISE TO PAY to the order of ~
~,I,F~:\?1V r.~J1~:_.3-?1:i. ~':'~Tri~ltlr:u PL~i1LN~., iii:; ~tif~.'
~~'our Th~~~s3nci Three -(!~:cidre~~ k•'ifty ~.nd N~/1CC --0oLURS,
at 115.E': erittrtlvenae, il:~t.'lett, Ni:W ~-tu•k 11`'`•-~'1 or such other place as the holder i
hereof may ~h in writing toyethe? with inMrest from f~ ut'i l +..J , l a'l:!
at tM raM ai• J-. - . par centum par annuM on the unpaid balance until maturity. Tha said principal and intonst shall
be due and pay~blo as follows:
to '1'?u•~t~ (3) ~~f~~:al '3nrr3~l1 icl:;t°tllme?tt:; ~f :j 4::C, l:f; ~~•~c?t. Int~r~-.~t sh~.ll ~~l.y~ble
`lnnu~.lly. I' it ~t 'Inn i~l1 t~~lj,'Rl<'nt ;i~.c~ t)~1c y'e'?C frr)rr! ~~•ite hal'~'~f. !"~i:; n^Lf? m'l.f tie
:'1'c.'~~'~31~ alt _~~-ll:~l t17T1*~.-~ -2'ii-~ 1.'1 .i!1(.•!1 :!111C!1!lt:: 'i.i [I1'L::'-: '~:':;lt'~,:, •111i.~1(~ 'f C ~'!1%ilt-,r
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- 1/ defeuh N wade ter ~ days in tM payinenl et any iwstaliwKwt of principal o? interest or any part tiwreet, tM whole sane tMw rtrnainin~
' unpaid with interest stall wt heldor's option sacowre duo and payable without notice. Failure M eaarcne svcA option ahaN not constitute waiter e/ the
riyM q •:enise tIN sarwe iw tM ewwt e/ wbseawnt debate. Alter wcatvrity both principal and accrwd interest shall boar interest at ~C per cewtvtw
per awwurw wtil paid. the wrakon end endenen of this note iuNMr waive demand, notice of non-payment and pretest- It this note is net paid at s1
'maturity and the satwe is placed wNh aw attorney ter cellect:en, the makers and endorsers hareet ae?ee to pay all costs of cellaction, iwcludine all cesrrt
costs and naseoakde etNrwer tees.
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• Attest: /S/ (SEAL) 1
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and shall duly, promptly and fully perform, discharge, execute, ef[rct, comptetP, comply with and abide by each ~
and even the stipulations, agreements, conddions and covenants of stud promissory note and of this mortgage,
then ttus mortgage and the estate hereby created shall cease and De null ano void.
It is understood that each o[ the words, "note." "mortgagor" and "moRRagee" respectively and the prop- ~
nuns referring thereto, whether in the singular or plural anywhere in this mortgage, shall be singular It one only
and shall be plural jointly and severally, it more than one, and shall lie masculine, feminine and/or neuter, wher-
ever the context so implies or admits.
Md said- Mortgagor for himself and hie heirs, legal representatives, successors and e,slgns, hereby coven-
. ants ano agrees to and with said 1?tortgagee, his legal representatives, successors and assigns:
1. To pay all and singular the principal and interest and the various and sundry sums o[ money payable by
' virtue of said promissory note, and this mortgage, each and every, promptly on the days respectively the same '
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severally become due.
2. To pay all and singular the taxes, assessments, levies, liabilities, obligations and incumbrances of every t
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- -
Hess secured hereby, each and every, when due and payable according to law, before they become delinquent -
and before any interest attaches or any penalty is incurred: and in so tar as any thereof is of record the same
shall be promptly satisfied and discharged of record and the onRinal official document Isuch as, for instance,
the tax receipt or the satisfaction paper officially en~forsed or certified l shall be placed in the hands of said
Mortgagee within ten days next alter payment: and in the event that any thereof ii: not so paid, satisfied and
discharged, acid Mortgagee may at any time pay the same 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
such payment shall 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 be secured by the lien of this
mortgage.
3. To place and continuously keep on the buildings now or hereafter aftuate on said land fire and windstorm
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! insurance in the u.QUal standard policy form, in n sum not less than i fn such com-
pany or comp^s:es as may be approved by said 1?tort~a;-r~e: an~i all such insurance policies on any of said build- -
~ togs, any interest therein or part thereof, in the aggregate sum aforesaid or in excess thereof, shall contain the =
usual standard mortgagee clause making the liivs under acid policies, each and every, payable to said Mortga-
~ gee as his interest may appear, and each aril e~•e:y sii~-h policy shall be promptly del?vered to and held by said
~ l?Iortgagee: and, not less than ten days in ad~•ance of -the expiration o[ each policy, to deliver to aafd Mortgagee
a renewal thereof. together with a receipt for fhP prPminm or anrh renewal: and there shall be no such Insur-
ance placed on any o[ said bwldings, any interest therein or part thereof, unless 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 o[ this mortgage: and in the event acid Mortgagor shaA
for any reason tail to keep the said premises ao insured, or tail to deliver promptly any of said policies o!
insurance to said Mortgagee, or fail promptly to pay fully any premium therefor, or in any respect tail to per-
t form, discharge, execute, effect, complete, comply with and abide by this rnvenant 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 by virtue of 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 tmt11 paid at the rate o[ ten per
centum per annum and together with such lntereat shall be secured by the lien of thin mortgage.
4. To permit commit or suffer no waste, impairment or deterioration of said property or any part thereof.
6. To pay W and singular the coots, charges and expenses, including reasonable lawyers tees end cwt of
abstracts of title, Incurred or paid at any time by said Mortgagee because and/or In the event of the failure
on the part of the said Mortgagor to duly, promptly and fully perform. dLcharge, a:ecute, effect complete.
comply with and abide by each and every the stipulations, agreements, conditions and oovenanb of said promis-
sory note, and this mortgage, any or either, and said costa, charges and expenses. each and every, shall be im-
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 lntereat from the date thereof until paid at the rate of t
ten per centum per annum: and all Bald coats, chargers and ezpensee a tncuretrd or paid. Wgsthar wrltb such fa- ~
terest shall 1>y secured Dy the lien o! thfa mortgage.
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