HomeMy WebLinkAbout2844 - - - . . . _ - - - _ . ' - .i _ . _ . . _ .
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~t ~ W ~~d !he same, togelhe~ with Ihe Ienemenfs. hereclilamrnls a+~d up~~urtr-
nances Iherelo be~onging, und the renb, tssues anct prolifs I~PIPOj, unto Ihs mortgage~, !n ~ss simplp. s
~ the mortgago~ coi~enantt wilh tke morlgagee ihnt the mwlgagor ti indejeasibly selzed oJ said ~
~antl in fee simp~e: fhaf f~e mo~tgagor ~ot good ri9tit nnd ~nw~u~ aulhortfy to conuey sntd land as a~on- :
said: ~hat ~he mortgago? wtll make such further assurnnce~ to perjrct the fee i1n~pl~ fifl~ fo said Iaru~ in Il~e ~
mort9apee as may reasona6ly be required: Ihat the mortgagw k~re6y ~ully wanant~ the Iitle to said lond ~
and u~ill de(end Ihe same agairut tl~e lawful clotms oj all penons whomsoever: and tl~at sald land is j?ee i
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and clea? oJ all encum6?ancea
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~~'Q~1~~ ~~~ys~ fhat i/ snid mortgagor shall pay unto snid mortgagee the certain promis- ~
I sory note hereina~ter su6stanlially copiecr or it~enfijiet~, to-wit:
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vfi s ~iS?~s~+~iv~.r~-?~iS?~i~i~r~i~s~+~i~s~i~'i~i~i~i~i~i~i~i~i~i~iL~i~i~i~i~i~i~?~r~i~.s~i~i?~s~+ti~i~r~i~s~i~i~?~s~i~iS?~~L~3LS?~ ~ ;
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~ --150,000~00 --•~U_L~---16 - - ~9 ._79_ s ~ ~
FOR VALUE RECEIVED, fh~ undersipned, iointly and seve~slly, PROMISE TO PAY to the orde~ of . _ _ . _ . . _ . ~
FRA~~~ - - - - - - _ - - ~ ~
ONBNHUNDRSD FIFTY TH~SAND_. AND _NQ~~.Q4!~'~~~~!!~!~~~~~~~~!~~!~!!~~!•_~~~~~------ DOLLARS, 4
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: at _ P. .0. BOX SOfl01, Ligh'thO~u.Se POillt ?F'1+_~~~14 ----------------------_-----or wch other place as the holder
hereof ms~? d~si~nat~ in writinQ to~ether with interest from _,Tll~C.15.----s--~Z4-------------------------------
at th~ rafe of __~A~___ per antum per snnum on the unpaid balance unti! maturity. The said principal and interest shall
~ be due and p~yable as foilows:
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PAYABLE I~ SIX (6) BQUAL ANNUAL PAYMENTS OF $25~400.00 BACH, PLUS INTER&ST
: AT TH$ BATE OF NINE (9~) PER CENT P8R ANNUM ON.THE UNPAID B~ALANCE. THE
FIRST PAYMENT OF PRINCIPAL AND INTBBEST SHALL BE DUS ON THS ~ DAY OF ~
JULY, 1980. AND ON TH8 SAMB DAY SACH YSAR UNTIL PAID IN FULL.
I ; THIS NOrTE MAYBBE PRSPAID AT ANYTIMS WITH~Tf FSNALTY. j
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i . If d~fwM b~ ssd~ hr ----.~I - dsps iw N+~ papMwt ef sar iwstapw~wt ef pri~cipal w iwt~nst er snr parf tlwnef, 1M wbob suwi fhew resaininy
unpaid vri16 iwNr~st dwll at 6eldN~s eptiew Mcow» dw sad rsrabb witlwvf wotiu. F~iMrtr M~:~rcis~ wcl~ optiew shs0 wot towsfitute ~ w+ir~r of tl» ~
~ right M~x~rtite 11N sawN iw tlw ~ww~ ef wbs~9wnf d~fauh_ Aft~~ w~shrritr bofh pri~cipal and accrwd inM?~sf sh~l) Iwsr inMrNf af ~g per ceahrw~ ~ a
p~r ~wt~ TM Mk~es a~d ~udoes~rs ef t6is web WrtMr waiv~ d~mand, notiu ef nonparnwwt swd protat. If this w~ is eot paid at ~ :
.e matrrity aw~ 11» 3aw~ is pl+c~d ~riM +e sMOrw~r fsr colbd'aw, tM ~wsk~n awd ~wdon~n Mnof ayn~ to par all cosb ef celleclion, includin~ sll covr~ ~
costs awJ nasN~ NNeMr fMS• s~
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~ /s/ Sorrell I. Strauss_ ~
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SORRELL I. STRAUSS, TRUSTEE ~
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