Loading...
HomeMy WebLinkAbout2217 IS. 11 wy •t the eta et meaty btrela eeltrted a be wet prr?mptlr ~ hilt paid wMbl~ t0 ~p asst star the caste aroraly cost dw sad pgablt. et U eeob sad~ wwww~~ the ttyrrlatbM spa~m~aa, oeadltiette sad oerowawte et raid gory sere sad tbit dad, ee eMbar. are sat day pwfattaedr oompliad with sad abided br. tM MP~a tam moatfaaod ~4 pnm~ sea t?ew remaiabti ttaraW, with iatwait aeawd a tbal tbsw sad aU targets NeatM Mreb~. gall beoaan dw sad paraele tertbwitb. K t?ttratleq at t11a eptlta el grid Yeetppe, r hly sad cempletolr M U aU M tba told etttaa el meaty were OriOisaly etipelsted a M paid oa otteb dn. urtila0 iA osld sea K k tble marep0a a tM oowtrarr aetwMbMaad• iapi awd tberwpoa K tbee'tatter. at lbe eptMa et said YatpdNr wit?eet sells et demaadr snit u law K b paitp tsar bt ptn? crated M u ell s0atr eeewted berobr bad ttiatetvd prior a iq iwotittttiaa. 16, blertdtpor wUl esblbit a Yat~tsee wtittea teaipb establiobly Nrmoat of awr wma reQnired a M peid nudtr our snperier mortpse or other lieu ebllptioa, rte blot tbau tiw (SI data prior a ebe fist that aceekratiow of etieb ewpeeier mortpp or list cenld bo declared roc aea•paraeat tbotttet. 17. 71te abstract et tU1e ootriy the oaenmbond preptrtr sbaU belety a and regain V the paesesiw et the Yertpiee during the ilea of this Meetpp. 18. That it i. tM halal btnet a genre parmwt et aid wea nd ebUptba wbetbot tbs weGe ascot call ba.e been adraaced to the Atortsa~or at tbo date beteetr er at • )slot date, sad q ooenn gar other aseewt er aswaq that tray be added is tM sortpp iadebtedweoa uder tM terse et tbM laatrusait. 71te fetal emout of ladsbtedaes scented hereby mar ds- rrrase or inereaas irorw time a time. bnt ebe fetal upaid balaaa w encored at gar ow time eball not esosed tbo principal sum of ~ 13 2 , 0 0 0.0 0 , p~ tweere~ awd any ditbnteaneteto made for the levies or iawrawee oa the Property cmred by tM lira of tLis parsewt of ta:ee. any sad all additional er hetber monies wbk6 scar w ~ se~~![ettppee to tM 11[en~aior atta ber~eet. wbkb tutYre advances of money. iF made. shall be evtdwieed by a aou or notes esoented by the Yortpsor to ebe Yertppee heathy such rate of interset sad with web matarltise u ebaU be detenataed Item time to time, bee any ud all each hence advattea aecercd br this aartpp shall be made set more ebu t!>i (!01 mare ahoy the des betsot. Notbin~ bteeiw cewtained eball ba deessed ew ebli~alioai an the part of the Yeetpape M rash awr hate advalioea 19. 7Lat iA the event eM ptemitea benby stert~apd. K awy pact thereof. obaU owdeaatd sad takaw ter pablk w under ebe power oI eaaiaoat demaia. the Yoet~ee sbaD bane tbs ry6t a dosawd that aq dasa~ee awarded let the takiu0 of or dsmaeaa to said pcesisa shall be paid a Iba Yoetppas. its weceaseee ee eesiprer rip a the asottnt thew auipaW a this matpp sad mar be applied wpow the pays~at K gysewa but payabbt tbeteew. 2Q The ltsrtsaeor eball. witbht fire (S) days from ~ writtaa dasud by the lteetppeo, esecwte L eaei teas v ebaU lie regoircd by the Mort~a~ee, u estoppel oertitieate awd waiver of detewear day aekwowb~ed, settia~ lath the moot of principal asd lateral wpaid berwnder sad tba peeril autos of saW sortpp. sad the failero of tbs Yortppr u sake sad deliver acid estoppel eatitieate and waiter of defeneeo witbLi the time atoreoaid eball eoaetitaee a deladt sad a beeaeb of obis mortpas and shall entitled the boldsr hereof a declare all of ebs upaid priacipa! balance issediatelr dae sad payable. Rl. It is specifieillr agreed that time b et tbo eeeeace of this oowtract aed that no waiver of aq obliptks berwadar or of the obliption secured hereby shall at any tine tMnafter be bdd to be a waiter et the tern hereof or et the iustrnseat secured hereby. . 22 Itta understood awd aptesd that the ltertppee say at aey time, witbowt sotioe to gar person. tgaat u the Yottppr gar modification of any kind or nature whatsoever, or slhar gar cbaop or ehawpee„ anbetitntioa ar swbatitntioas et aq of the ProP~r d~*ibed in this sortpp or wr other eolWerd which say be held br the Mortsaaes witboat is awr sawuer attect- ias the liability of the Mortppor. uy endorsers ei the iwdebtednns hstebr seeo:ed or wy other pesai for the Psymewe of said iadebtednees, to`ether with inter+at and uy other sass whkb aq be dye sad payable to the btoetppee. awd ales witbowt is any maser alteetins or impairias the lieu of this sortppe apes the tesaiader oI the prepert~ aed other eelhueral wbkh is not eban~ed or substituted: and it is ales. psderstood and agreed that the Martppe may et uy time. witboat notice to say per- soa, rcitase say portion of the property daeribed is this mottppe or say other collateral. of uy portion of say other tol- lateral which mar be held as seettrity for the paysewt of the iodebtedaes haabr eecnrcd. either with or without awy eowaidera- tion for wch release or rekaaes, without in any mawwer alkctias the liability oI the Mortiasorr all eadorsae, if say. and all other pereoas who are or shall be liable for the Wyssst of said iudebtedaese,' awd witbont .attectinp, disturbias w ispairinp is am manner whatroever the validity sad priority of the liar of this satpp for the tall ascot of the iadebtedwas resaiaio~ unpaid. to6ether with all interest and adrwoes which shall bsoose parable. apow the entire resaiada of the sortpped prop- erty which is uarcleaxd, sad witboatt is am manner atfeetin~ or imptirio~ to say eiteat whatsoever any sad all other ooWteral security which mar be held by the Moetppee. It it diaLetly auideotood awd asreed by tbs Mortppor sad the Yortsape that any rcleaa or rrleasa slay be made br tbs Yortpses withal the ooarewt or approval of say orbs peraai er ptxeons wbomao- erer. _ ~iiiid ii~ro~~~6~1Y~ ~t~oab~~itYrifa~f~i'4di'eb.'~~I~~~b~~i~~ XX 7~Y 4Q~[44744~4IS14141€Ifi4t4414~KN/fe ~KXOCNtXl~3f ~falG~ipY/Y 3~eYe~~iKa~Yt~~iXyXtKtiCt~i~d~$tYtKi~a~i~CKtYtX~t~~X ~~4Ix'1['kl~Jt'XX'~~I4p14~'RXRC~~Iik~~~X~44~11~Q41~4[44kIQ![x~44K~414~~€9L~4fX4~~Ht~4f+4[4~ 23. If a conveyance should be made at any time by the mortgagor ~ of the premises herein described, or any part thereof, then the ba- lance remaining due on said promisory note secured by this mortgage s shall become immediately due and payable; it being the specific intent and understanding of the parties that this morgage shall not be assumable. 9 6 4 i t z { IN WITNESS WHEREOF. the Mort`aaor ai the day and year brat above written, hu cr;ecuted thex prcseab under seal: iKX.KsYiKi+~$3~~ ~4X~r~Xd;~~E~~ia~F~K~K~A~~lte~Fp~6t~Gt~oi~~7fi~~e~r~i tl¢Dk]iF~ftlhNti<eX ' (~~XXi~eY1~T INDA DAVIS ' Sipped, ceded, cod and dcGvered in tAe presence o/: - _ __($eall - / - ~ li..<<- c.~l. ~f ~J ~C.L - - ~ (Seal) t (seal) ~oeK 3U$ pACE~21? -