HomeMy WebLinkAbout1544 TO HAVE AND Td HOLD the same together with the tenements, hereditamenta, and
appurtenances, unto the said Mortgagee-, and- his heirs and assigns, in iee simple.
AND said Mortgagor for itself and its successors, legal representatives and assigns, doth
covenant with said Mortgagee..-, his heirs, legal representatives and assigns, that
said Mortgagor is indefeasibly seized of said land in iee simple; that the said Mortgagor bath
full power and lawful right to convey said land in iee simple sa aforesaid; that it shall be
lawful for said Mortgagee-., his heirs, legal representatives and assigns, st all
times peaceably and quietly to enter upon, hold, occupy and enjoy said land; that said land is
free from all~incnmbraucea; that said Mortgagor, its succ''~addra~and legal representatives, will
- .w.
ml~ke such fnrther assurances to perfect the fee simple tit~p,,~ori~;and in said Mortgagee-,
ears, legal representatives and seaigns,raa- 4a~ r'~ea:ionl~b#j~•be required; and that
his h ~ y
said Mortgagor does hereby sully warrant the title to said land and will defend the same -
againat the lawful claims of all persona whomsoever.
PROVIDED ALWAYS, that H said Mortgagor, its successors, legal representatives or
assigns shall pay unto the said Mortgagee-, his legal representatives or assigns,
the certain promissory note-, of which the following in words and figures-
.
tree cop to-wit:
s
Na., A. hdr fat»W r: wrW IrrYr~r~-Wrrr t.cbe•a: SEMtNOLE FORM 77 f~
22 400.00 1'Vlorrgu~e Ngte
rt _ t.-....Lucieflonda . _ .May 4 w 79
i s _ _
FOR VAWE RECEIVED tiro wtdersignsj promises Ic pay to the o+dtx of ( _
~
~rAYI7E N . THRASIiEP.
I ~
Twenty-Two Thousand Four Hundred and no/100
_ r ~ 3
tie principal sum of. . - _ Dolls s "
i together with interest the.eon at the rated _..-----_9...- ..---...per cent per annum hom _ date _ . _ ~
u,nt rtWwity, both principal and interest being paYabk in Lawful Money of the United States, such principal wm and interest payable in installments as follows.
E I
P,epayable at the rate of $403.79 per month, princiral and interest
~ included, with the first payclent due June 1979 and each and every
month thereafter until paid in full (six years).
Such instsllmanf paytttents shall be applied first to the interest accrwng under the terms of this note and then to a reduction of the principal indebtedness
The makers and endorsers of this note fuAher agree to waive demand, ttolrw of non-payment and protest, and in the event suit shall be brought for the ~
i collection hereof, or tM same has to be cgjleded upon demand of sn attorney, to paY raasonaWe sttaney's fees (or making wch collection. All payments here-
t ; ^der shall bear interest at tM rate of ..................percenf par annum from tratwity until paid. This torte is sstarred by a mortgage of even date herewith and is to j
' be constrwd and ex+forgd according to the laws d the Stue of flosids; upon default in ffro payment of principal and~or interest when due, the whole wm of
o•~nupsl and interest remaining unpaid shall, at the option of the hoidens, tsecortte immediately due and payable. fsihrre fo exercise This option shall not cansdtute
wager of tM right to exercise the same in the event of .subsequent default.
;ryrb,ea,c/o tdestern Conservative Bantist - 1`iLP COiJ-STRUCTT I7 I isEAu
Se>~:nary ~
511 ~S£ --Hawthorne..gg}} dd _ _ BY:~%
ortland Oregon 972~5~ Michael L. Perkins President IsE~:~ I
y ~ e~ such other place as shah be - '
r I Designated by tM holder of this 1
p ! note in wrtltng. - • _ . iSEAII
~ -
•
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- and shall perform, comply with and abide by each and every the suputatiions, agreements,
conditions and covenants of said promissory note- and of this deed, then this deed and
~ the estate hereby created shall cease and be null and void.
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AND the said Mortgagor, for itself and its successors, legal representatives and assigns,
hereby covenant and agree: -
- 3U~ ~a~:1544
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