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Home My WebLink About0142 ' :t' - - . - - . wliifslr'~i~rL~~iS~4~i~itiYr~i46~?YiS?LL•~sRi~f?~?~iL4'+SrLfiA• _ S,~ 300.-00_..._-_.... ...._..----~luguat.-{,.-- - 79 - s;OR VAtU! RtCEIVf~, N+ra undKSiRnad. ~oimly seed swraliy. PROMISE TO taAY a l'ha erdar of . - - -3- i ~ FlVA T~OL1 ~'~_'~__~Q.~.aL'~_~Ld..11Q,~~Q_.~r..~!~rtwae~w~w~wwarww.wwu.~awwu~~..~oLURS~ e at --Z2Z1-_Bedo>~1?.-__S_.#~IAL.a_..~~.__.5~.. Luoia?. ~1~..._.33~1'S.2----------o~ wch othor placo as tl~ holder hereof may dai~h in wriNnR toRotiar-with inhnst from ------.-.Augu>et.-~~---19T9---------------------------- - at rho iiaN of _-....._..10..._._ par centum pray annum on tho unpaid balaRa until maturity. TM aid principal grad intorast shall be dw and payable as follows: - . ~ Due and payable on or before one (1) year from date hereof, plus intererst. ' a M raiarN M wads IM l~ rain iw /ka prwaM d My iwgaNeaMN a1 ~eiwd~al a» ieN.aq w a~ wink »NeaM akaN M kal/a'a 1 ~ tMrNi. aba wl»M +Yw ~ nwaiaiwa ~ wyaid ~w k+ac~wa dw awJ PrakM witMvl M1iN. faikua N axa.cita wcA N1iM skaN a,M eawuiMa a waiver of tba ryM N a:aretaa IIw saint iA Iba •vrwl wbapnwl Alark. AFM? walwilr kNk'rinti~al awd aeen+ai iaheNt .kaq kvar iwaarasc a/ f pr eawtrw Z aaiewa wM pid. 1Ua waken aa~ aw~anan ~r lkis aNa hMkar waive iawawd. M1ia e1 •aw~}a7wMf aa~ ~taNSf. M rkis Mice is aN fair N t~ wNveilr awr 11» aaa~a is ~a1 witl? M aNNwar far c~Nad:aw, fM waken aa~ as~e+an M.aal qna h far aN seats ~ e~UacliM, Mekraiiw~ aN cwA cwM aw+ rNaaeakka alNeaay Baas. `A ~ ~ ~ ~ s - (s~u~ / __`viiliam..-~Lobert- stilson AtriM: S --Phyl-2fs -M:._sti3son---- - - (s~?t) - _ - - - - - - ts~?u $ ~ ~ 4 ~i ~i ~r~i~ Z ~i~i ~i' 4 °i ~i ~i ~i ~ i ~i ~ i ~ i ~i ~i ~ i ~i ~i ~i ~ i ~ i Z ~i ~i ~i ~ i ~i ~i ~ i ~i~i y ! w ~i b b fi ~ ~ 4 ~i ~ t . ~i b ~i ~ i ~ i ~Oi ~ ~ ~ i ~i~ i ~ i ~i ~ ~ ~ i ~i ~ i ~ i ~i ~ i ~i ~ i ~ i ~i ~i ~i ~i ~i ~i ~i ~ ~ ~ i ~i ~i fi °i ~i and shall duly, promptly and tuAy perform, discharge, execute. effect, complete, comply with and abide by each and every the stipulations, a,greementa, conditions and covenants of said promissory note and of this mortgage. then thL mortgage and the estate hereby created shall-cease and be null and vad. It is understood that each of the words, "note," "mortgagor"' and "mortgagee" respectively and the pron- ouns referring thereto, whether in the singular 4r plural anywhere in this mortgage. shall be singular it one only and shall be plural jointly and severally, it more than one, and shall be masculine, feminine and/or neuter, wher- ever the context so implies or admits. And said Mortgagor for himself and his heirs, legal repreaentativea, ~uccessoro and assigns, hereby eoven- ants errs agrees to end with said Mortgagee, his legal representatives, successoro and assigns: 1. To pay all and singular the principal. and interest and the various and sundry sums of money peydble b virtue of said promissory note. and thin mortgage, each and every, promptly on the days respectively the semi severalty become due, i 2. To pay all aced singular the taxes,. aaaeasments, levies, liabilities, obligations and Incumbrances of every nature and kind now on Bald described property, and/or that hereafter may be imposed, suffered., placed, levied f or assessed thereupon, and/or that hereafter may be levied or assessed upon this mortgage end/or the indebted- ness 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 tar as any thereof is of record the same shall be promptly satisfied and discharged of record and the original official document (such as. [or instance. the tax receipt or the satisfaction paper officially endorsed or certified) shall be placed in the hands of said Mortgagee within ten days next after payment; and in the event that any thereof is sot ao paid, satisfied and discharged, said Mortgagee may at any time pay the same or any part thereof v?ithout wai~~ng or affecting any option, lien, equity or right under or by virtue of this mortgage, and the full amount of .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 )fen of this mortgage. - 3. To place and continuously keep on the buildin~a now or hereafter actuate on said land fire and windstorm insurance In the usual standarA policy form. in a sum not less than =.........~.s.~Q.Qw.Q.Y.....- fn ouch com- - • parry or comp^nles as may be approved by said Mortfi$gee; and all such insurance polideA on any of said build- ings, any interest therein or part thereof, in the aFFregate sum aforesaid or in excess thereof, shall contain the usual standard mortgagee clause making t`r I~~~s urd~r sx?d policies, each and every, payable to acid Mortga- gee as his interest may appear. and each and every su~•h policy shall be promptly delivered to and held by said Mortgagee; and, not less than ten days in advance of the expiration of each policy, to deliver to said Mortgagee a renewal thereof, together with a receipt for the premium nr -rurh renewal: and there shall be no such incur- - ance placed on any of sold buildings, any interest therein or part thereof. uNe..s in the form and with the loos payable as aforesaid; and in the event any sum of money becomes payable under such policy or policies acid Mortgagee shall have the oplion to receive and apply the name nn account of the indebtedness secured hereby or to permit said Mortgagor to receive and use it or any part thereof for other purposes without therrby waiving or impairing any equity, Iles or right under or by virtue of this mortgage; and in the event said Mortgagor shall for any reason tail to keep the said premises sr? insumd, or fail to deliver promptly, any of said policies of insurance to acid I?tortgagee, or tall promptly to pay tally any premium therefor, or in any respect is11 to form, discharge, execute, effect, complete, comply with and abide by this covenant, or any part hereof. said Mor~tg- ~ ogee 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 thin mortgage, and the full amount of each and every such payment shall be lmmedialely 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 ouch interest shall be secured by the lien of this mortgage. 4. To permit, commit or cutter no waste, Impairment or detasforation of sold property or any part thereof. 6. To pay all and singglar the costs, charges and expenses, including reasonable lawyer's tees and coat of abstracts of title, incurred or paid at any time by Bald Mortgagee because end/or to the event of the failure on the part of the-said Mortgagor to duly, promptly and fWiy perform, discharge, execute, effect, completer comply with and abide by each and every the stipulations, agreements, conditions and eovenanb of said promts- sory note, end this mortgage, any or either, and said costa, charges and expenses, each and every, shall be im- medtately due and payable, whether or not there be notice, demand, attempt to collect or cult pending; and the fait amount of each and every such payment shall bear interest from the date wereof until paid at the rate of ten per centum per annum• and all said cosh, charges and a:proses w incurred or paiQ together ~vlth aucb in- terwt, shall be secured by the ilea of thL mortgage. 314 PbGE 142