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FOR VAWE RECEIVED, the undersigned, iointly and severally, PROMISE TO PAY to the order of
- ~RU~E_-.YiL___P~ANTER..and---pQROTHX...KATHLEEN.-_PARMEIdTER,---his..wif,e-.-.-------..
E~GH.TEEN..~HQU~~1Q _~1NE- HUNDRED..FIk'TX-ONE..-and..25110.0------.--.---.--.------ oouARS,
V~-~tu~'e _H~rbor,.-.Rt,..-2.... Jensen. Oeaeb,--^~.1.-_.3.395 or such other place as tho holder
hereof may designate in writing together with interest from M~Q.~ 1-:--~.9........-... _ . .
per centum per annum on the unpaid balance until maturity. The said principal and interest-shall
at the rate of 1
be due and payable as follows:
' 5251.00 a month, the first payment being due one month from the date
shown above, and continue for each month thereafter until paid in full.
This sum of $251.00 paid each month shall first be credited to interest
and the remainder to the principal of this obligation. This note may be
prepaid at any time without penalty.
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uw ht1 N ~ sine stM s rwe iw the evewtl etb s 6 wnl deta~rlt
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par wwwww wtil peid. TAe w+a~an awd awdersars et this wets tuAl~ar waive daiwand, wetiee et wew~ayiwawt awd preNtt. H this vole is not paid at
w.at~rity awd ewe sawn is placwd Frith aw atterway for eellaet.ew, 1M ewakars awd ewdersaes Aanet agree to pay all nests et cellectiew, iwclwdiwy all ceeel
coe?e awd eeaaewaWe eMerwer teen.
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.X.. ti -!I/!C~'~i (SEAL)
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Attest: _X - - - ~ - (SEAL)
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and shalt duly. promptly and fully perform, discharge, execute, effect, complete. comply with and abide by garb
and every the stipulations. agreements, conditions and covenants of said promissory note and of this mortgage.
then this mortgage and the estate hereby created shall cesae and be null and void.
It is understood that each o[ the words, "note." "mortgagor" and "mortgagee" respectively and the pron-
ouns referring thereto. whether in the singular or plural anywhere in this mortgage, shall be singular if one only
and shall be plural jointly and severally, it more than one, and shall be masculine, feminine and/or neuter, whe~-
ever the context so implies or admits.
Md said Mortgagor for himself and his heirs, legal representatives, successors and assigns, hereby coven-
ants ana agrees to and with said Mortgagee, hie 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 acid promissory note. and this mortgage, each and every, promptly on the days respectively the 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, andlor that hereafter may be imposed, suffered, placed, levied
or asaesaed thereupon, and/or that hereafter may be levied or assessed upon Lhis 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 far a, any thereof is of record the same
i shall be promptly satisfied and discharged of record and the original official document (such as, for instance,
! the tax receipt or the satisfaction- paper officially endorsed or certified) shall be placed in the hands of said
1ltortgagee within Zen days next after payment; and in the event that any thereof is not so paid, satisfied and
discharged, said 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 a•irtue of this mortgage, and the full amount of each and every
I such payment shall be immediately due and rayable 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
i mortgage.
•3. To place and continuously keep on the bwldirga now or hereafter situate on said land fire and windstorm
i
"d bal of - im-----
insurance in the usual standard policy form, in a sum not less than ill:---~-.~- --gQr1n such com-
& parry or comp^nics as may be approved D aaiil 1Hort arce: and all such insurance
Y - ~ policies on any of said Dtlild-
ings, any interest therein or part thereof, in the aggregate sum aforesaid or in excess thereof, shall contain the
usual standard mortgagee clause making the luny under said policies, each and every, payable to said Mortga-
i gee as his interest may appear, and each and every s:i~•h policy shall be promptly delivered to and held by said
Mortgagee; and, not less than ten days in ad~•anre of the expiration of each policy. to deliver to said Mortgagee
a renewal thereof. together with a receipt for the premium of vii~h renewal: and there shall be no such insur-
~ arce placed on any of said buildings, 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
y Mortgagee shall have the option to receive and apply the slime on account of the indebtedness secured hereby or
to permit said Mortgagor to receive and use 1t or any part thereof for other purposes without thereby waiving
i or impairing any equity, lien or right under or by virtue of this mortgage; and in the event said Mortgagor shall
( for any reason fail to keep the said premises so insured, or fail to deliver promptly any of said policies of
1 insurance to said Mortgagee, or fail promptly to pay fully any premium therefor, or in any respect fail to per-
~ form, discharge, execute, effect, complete, comply with and abide by thin covenant, or any part hereof, said Mortg-
( ages 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 o[ 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. ,
4. To permit. commit or suffer no waste, impairment or deterioration of said property or any part thereof.
6. To pay W and aingttlar the costa, charges and expenses, including reasonable lawyer's fees and cost of
abstracts of title, incurred or paid at any time by Bald Mortgagee because and/or In the event of the failure
on the part of the said Mortgagor to duly, promptly and tally perform, discharge, execute; effect. complete,
z rnmply with and abide by each and every the stipulations, agreements, conditions and covenants of said promis- {
spry note, and this mortgage, any or etcher, 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
-Hill amount of each and every such payment shall bear interest from the date thereof unt11 paid at the rate of
ten per centum per annum, and all safd costa, charges and expenssa ao incurred or paid, together with such ia-
( tereat, aha11 be secured by the )ten of this mortgage.
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