The URL can be used to link to this page

Home My WebLink About0164 . ~ . ~ ~ • W,4,4..............,... . ! • i a i i~ i i i i~ I I i i• •~~'i ~ i.'~~r ~~~~i I'i~i r~i i~i i i~i i~i~~ ~•'i .~i i~ I~~~~ 1~~ i i i i I I i?~ 1~J ~ L ( , ~ 14t000..00***---_._ ~~Y _1~ i9 ~9 : ~ fOR VALIIE R~CEIVED, th~ unde.iipn~d, ~oiMly snd sevc~ally, PROMISE TO PAY to the order~of ~n''IOND . NEALIS ~ anJ DORIS G. NEAI.I$., Hus~and and Wife ~ _ I~ourteen Thousand and NoJI00-------------------~j~------(,~.11?~000.00)----DOIlARS, _ . . ~ . a~ aee _helo~~ . _ o~ such other pf:~s a: tlw hoid.r ~ hersof msr d~si~nst~ in writi~Q together with intcre:t from June 18 , 1919 . ; at fha rat~ of Ten '._(lO~_ ptr c~nlum p~~ annum on the unpaid balance until maturify. The s~id principal and interest shal) ; be du~r and payable as follows: . Principal Ii~terest- '_'~tal ~ . Jun~ 18, 1980 ~ 57,000.00 $I,400.n0 $8,h00.04 _ - . .l;~~~e 1S~ 1981 ~7,000,00 S 7U0.00 $7,700.00 ; t'his note may be prepaid witheut penalty af ter t~[ay 1. , 1y80. ' ~ ~ ~ ; li del~xh b~ mad~ fw 15 daY~ iw 1M parnwwl 0/ a~y insfdl~weM ~i pincipal •er ia~~nsf e~ asy p~rt f6~»of, IM wSwl~ sus tMw nm~inin~ ~ uepa:~ «dA inNnd abdl M I»Id~t~s ~plioe b~un» dw •nd payabb M~/Ae~l wo~~q. iaihr~• ~e •sar~ sv~A opfi~w ~h~ll nsf cows~ilv ~b w~ive? ~f tA~ ~ ; •~g n ts •a~rcis~ ~h• saw~~ iw Ns~ ~wwl o~ wbs~qu~n~ u~t~vh. Ah~r enalv~ifr ~efA pr,ec~p1 and acerwd :nhreal sAdl baa inl~nst at ~ V~o ~cr c~nhrs ~ t p.~ Mnow~ uwtit p~id. Tka 1w~k~ra ~nd sedo•~crs of 1fi:a eor~ fvrth~r w~iva de~wand, not~c• oi nenp~ym~n! ind p~aMU N tbis naN is oet _p~id a~ ~ .,::e~wdy •+~d tb~ s~T• is p:at~d vrith ae •ttorn~r fo~ eo2bd.on, th~ ma~~~s +ed •ndorstrt Ae~eof ayrN lo pay ~II eos~s of e~N~atiuw, includinp all co~M ~.~s +.~J ~~wa~~fe at~arosr 1e~s. ` ~ ~~c/o Carc~l McDonough , ti 22 ~ Va11~y Urive Yardley , Pa . 19C6~ i ) 4 ; r ~l ~ i~ ~,Ed C-( ' ~ =G<<1 ~ (SEAL) , ..~~jA?.D A . r.AVC}iT ; - i A~e~: ~ _ _ ~ _ • . _ _ . • iccei~ : - - - ~ Tl~rl_ ~C . ('1~t,GHi' • - . - • - v ' ~ ' . ~S~I1~~ . - . . . • . . . i i ~ i . i i ~ i i i i . ? ~ • • . . i i i . . • . ' ' " ' ' • . . . . .1~.•~ . . . . . . . . . . . . . . . i . i i : i~i~i ?•~i i~ii'.~i~ i~. i~i~i and shall duly, promptty and tully pertorm, dia~harRe, ex~cut~. rf[r~•t, complet~, ~omply w~tA and aDide by each and e~~er~ the sLpu:auons, agreements, rond~t~o:i~ and covenants 9a~d pmmisa•~ry pote and o[ ttu~ mortgage. then th~~ mortRage and the e~tate hereDy created sh~ll cease and ~e null ana ~~~d. It ~s understood that each ot the KotJs. "note." "mortRagor" and "monRagee° respecti~•ely and the pron- oun~ ~efernng thereto, whether ln thr aingular or plural anywhere ~n thta mortgage, rhall be a~ngular i[ one only and ~ha11 be plurwl jointly and aeverally, i[ more than one, and ~hall be rnasculine, feminine and!or neuter, wher- ~ ever the context so impGes or admits. • Md aald Mortgagor tor hlmselt and hia heiro, tegsl representati~es. ~ucce~sora and assigns, hereby coven- ~nta ano sgrees to and with said Mortgagee, his legal repreaentaUve~, succrssors and as~~gn~: . i 1. To pay W and amgular the pnncipa! and ~nterest and the variou~ and sundry aums ot money payable by # ' virwe of said prom?asory note, and t!w mortgage, each and every, prompUy on the day~ re~pect~vely the aam~ r ! . aeverally become due. - . + ~ 2. To pay aU and singular the uucea, aa+easments, lev~ea, liabilitie~, o~li~at~ona and incumbnncea ot every ~ nature and k~nd now on said described property, and!or that herratter may be imposrd, suttered, placed. Ie~tied ~ ~ or assessed thereupon, at?d; or that hereatter mdy br Irv~eJ or as.~•ssed upon tA~s mortgaRe and or the indebted- - ; ~ ness secured hereby, each and every, when due and payable accord~n~ to isw, before they become del~nquen~ ` and betore any interest attachee or any penalty iy ~ncurrrA; and ~n so t1r as any th~rrot is o[ record the same ~ ~ shall be prumptly sat,is[ied and d~schargrd ot record and the onRinst oftic~al document tauch aa, tor instance. ~ ; the tax receipt or the ut~~taction paper ofticially en~forsed or certif~ed? ahall be pleced 1n the hand~ ot aaid ~ MortRagee v?nihin ten day~ next atter paymmt: and in the rvenl that any thereof ~s not so psid, aat~9t~ed and ~ discharged, aa~d 1?tortgagee may at any t~me pay the same or any part thereot vrithoot wah~ng or atfect~ng . ~ ~ any option, lien, equ~ty or right under or by r~rtu~ of tMs mortgage, and the tull emount .ot each and every ~ ~ su~h payment ~hatl bc immediat~ly due and payabte ~nd .hall bear interest from the date thereo[ until paid ~ at the rate ot ten per cPntutn per annum and to~eth~r anth surh interest ~hall be aecured by the lien ot th~~ • mortgage. ¢ ~ 3. To pla~s and continuously ke~p on the bu~l~l~n~~ now or hereafter sttuate on ssid land fire and windstorm : inaurance ~n the~usual standard poli~y form, in a sum nnt les~ than i-"--~5 ~ D~Q. QQ--~.-~.- In ~uch com- ~ pany or comp-~:r5 as may be appr~ved by ~aul Mort~a~~•e: an~t all vurh ~nsur.+nce p~Lcita on sny ot sald build- ~ ~ng~, any int~reat therein or part thereof, in the a~~r~Rate sum a(or•sa~d or tn exce~s thereof, sh~ll contnin the ` usual standard m~rt~aq~e clause mak~nR the 1~~~~ ur.drr ~a~d {wLccrs. ea~h and every, payaDle to ssid Atnrtga- F qee as h~s mterest mati~ apF?ear, and ench a~cd ~~•P: s+u h pnlicy .Aalt be pmmptly drlivered to and held by ~a1d F ~ I?tert~agee; and. not les~ than ten davs in ad~an~e ~f the •xp~rat~nn ot each pollcy, fo delivrr to s~ld MortgaRee ~ a renetval thereof. teQether v?~th a receipt tnr th~ prPm~orti nf .n~h r~n~wRl: and th~re shall be no auch insur ~ ~ an~e placed on an}• ol Qaid bu~Id~nR~, any ~nlerrst th~rP~n or part thercof, uNes~ ro the torm and with the los~ ~ pavaAle a~ a[oresa?d: wnd in the e~•~nt any aum of money becomes peyebl~ under ~~uh pollcy or policie~ sud - Mort~;a~ee shall ha~•e the opti~~n to receive and apply. the wim~ on a~•rount of the indebtcdness aecurM hereby or ~ to ~rmit sa~d ~fortRBRor to r~~eiv~ and use it or any pnrt thercnt !or other purpoaa without thereby waivfng > or impairing sny equity, lien or nRht under or by v~rtue ot thi~ mortgaRe; and ?n the event said Mortgagor shall ~ for any r~nsna fn~l to k~~p th~ sai~! prem~~~s a~? InaurrA, or tail to dellver promptly any oi said policies ot ~ insuranc~ to sa~d ]liort~aRPe, or fail prompUy to p~y tnUy any premium therefor, or in any respect tall lo per x torm, d~scharRe, ex~rute, eftect, complete, comply v?~th and abide by this covenant, or any par[ hereot, uid Mortg- ~ aRe~ may place and pay f~r such inaurance or any part thereM withnut waiving or attectlnq any option, li~n. equity or riRht under or by virtue of this mortRaRe. anJ the full amount of each ~nd every ~uch payment ~haU ~ be fmmed~ately du~ dn~i payable end ~hsll bear int•rest trom the date therPOt unttl paid at the rate ot ten per : centum per annum ~nd to~[ether wlth auch fntereat shall be ~ecured Dy the Len ot thl~ mortgyCe. ; f ~ To permlt, rnmmit or aufter no waste, ?mpairment or deterlontion ot sald property or any psrt thereol. c ~ 6. To pay sll and sinRulu the co~b, eharRes and expeoxs, including reasonaDle lawyer'~ tees jnd cost o! ~ abatracte ot title, tncurred or pald at any tlme by uld Mortsagee because ~nd/or In the event of the f~llurr ~ on the part ot the uld MortgaRor to duly, promptly and Nlly peKorm, dLcharge, esecute, eKect. complets. comply wlth ~nd wbtde by each and every the itlpulsdoni, asr~ enb, con~~~ ~d h'vje~n~n e ot said promL- ~ wrg notc, and Ws mort~e, any or elther, and uld co~ts, ch es ~nd e ry, shall b~ Im- . mediately due ufd paysDle, whether or not thero be notice, demand, ~ttempt to collect or sult pending' anA th~ ; ~ iWl amount ot each and every wch payment ~ha11 bear Int~reat trom tM dat,~ th~rsot unW pafd at tAe nte ot ~ ~ ten p~~ centum per annum• and all utd cwti. charae~ ae~ u[pea~ ~o Incurrsd or pal~ W=etMr Mth aucb in- ~ ~ tenit~ ~hW b~ ~ecured Dy th~ Uen ot Ws mortgan. y . ~ i 1 - ~ aocK 311 QacE ~64 ~ ~ - ~