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HomeMy WebLinkAbout1659 i X593`- 41?'i'sS?'iLSrL4$5?~?'t s .3n,nno...ao-_.__ - - _ ~9 gip: FOR VALUE RECEIVED, rho undorsioftod, iointlr-aod sovorally, itROMISE TO pAY N rho order of~.-........'_-_--- PAi1T.TNF C!~T.S[)N ~ _-TBIBTY_,~U1USBt~n >e?Nn .NQf1Q0---_~ __....-DOLLARS, a at P.-__Q.-_HOX~fi2~.~IEII.SEI1..HeaG11,.~ ElOridB.._----~_........___-..-------------or wch other-place as the holds ~ i h:roof ftnay designate ie writiftR together with interest from .date__shnwn...~3bo>~e..--.------.-•-- - t at rho rah of .__].0.$.____._._ par contuill par anrtvm on the unpaid balance until maturity. The said priecipsl aod ietenst steal( be duo and Rayablo as follows: 5289.51 a month, the first payment being due one month from the date shown above, and continue for each month thereafter until paid in full. This sum of $289.51 paid each month shall. first be credited to interest and the remainder to the principal of this obligation. This note may be prepaid at any time without penalty. } ~a N dafatrM M asada far _15 - dart iw the parasawt awr iwsta4ratwt of priwcipa) ai iwNrasl w awr paA tMraaf, [ha vrbala- sriw thew rarwi~wiaa unpaid oritb iwMasl sbaa at baldar's aptiaw bacaw~a dw awd parable vr'dbavf watica. fidwa h •:a?ciw sacb aptiaw sbM wa1 cawstilvl~ • waiver wf tlw ryAt h aaaniw fire sawn iw ttta avawt of swV+Nww1 dafavh. After asatwitr bath priwsipa) .wd acerwd iwhrast sAap bau iaNrast at ~ par c.ww. par awwww wtil paid. Tba woken awd awdarsan of this. waN faAhar vraita dawawd, watica of waw•parasawt awd praNest. M this waN is wet paid at C ~waNritr awd tba saws- is placed vritb aw atNrwar hr callad:aw, t6a wrakan awd awdorwn Mraef setae /a par ap cash d calMctiaw, iwcladiwe aq cawt • 1 testa awd taasawabM atlafwar leas. ; ~ • ti ~ 4 - / ~ ~ ' (SEAL) Z - i~ l~ ~ - PRY-_'C~: OY---M-- - - - - Attst• / L - - - - _ _ (SEAL) r - ANN M. JOY ~ _ (SEAL) i~~r~r~r~~n'~lfi~i4~s~r'i~l~rv'4~i'iii'i~i'i~iri~iti~i~i~iti~i~i'i'i :i'i~i~i~i1i~i'i' •'i~i~i~i~r'irr~i'i~.ri~S~i'~i'i'iii'i~i~i~i~i~i4~,ir~~i'iii'~Y'rr1~1'rI~I~?~14i'r~i~Ifn~i~l~ tt i i i • t and shall duly, promptly and fully pe'rfortn, discharge. execute, effect, complete, comply with and abide by each and every the stipulations, agreements. conditions and covensnL of said promissory note and of this mortgage. then this mortgage and the estate hereby created shall cease and be null and void. ~ s It is understood that each of the words, "note; ' "mortgagor" and "mortgagee" respectively and the proa- - ouns referring thereto, whether in~the singular or plural anywhere in this mortgage, shall be singular if one only - and- shall be plural jointly and severally, it more than one, and shall be masculine, feminine and/or neuter, whe~- ever the context so implies or admits. - And said Mortgagor !or himself and hie heirs, legal representatives, successors and assigns, hereby coven- ants area agrees to and with said Mortgagee, hie legal representatives, successors and assigns: ; 1. To pay all and singular the principal and interest and the various and sundry sums of money payable by virtue of said promissory acts, and this mortgage. each and every. promptly on the days respectively the same severally become due. Z. To pay ail and singular the taxes, .assessments, levies, IiabUities, obligations and incumbrances of every nature and kind now on said described property. and/or that hereafter may be Imposed, suffered. placed, levied or assessed thereupon, and/or that hereafter may be levied or assessed upon this mortgage and/or the indebted- ness secured hereby. each and every, when due and payable acrnrding to law. before they become delinquent, and before any interest attaches or any .penalty is incurred; and in so far as any thereof is of rernrd the same shall be promptly satisfied and discharged of record and the original official document (such as, for instance. _ the tax receipt or the satisfaction paper officially endorsed or certified) shall be placed to the hands of said - i Mortgagee within ten days next after payment; and in the event that any thereof is not so paid, satisfied and discharged. said Mortgagee may at any time pay the same or any part thereof without waiving or affecting 3 any optibn, lien, equity or right under or by virtu. of this mortgage, and the full amount of each and every ouch payment shall be immediately due and payable and shall bear interest from the date thereof until paid at the rate of ten per centurn per annum and together wilh such interest shall be secured by the lien of thL mortgage. S. To place a,nd continuously keep on the buildings now or hereafter situate on said land fin and windstorm insurance in the usual standard policy form, In a sum not less than i-------•••-•-••--- 1n such corn- _ parry or comp~ntes as may be approved by sari Mortgagee: and all such insurance policies on any of said build- ings, any interest therein or part thereof, in the aggregate sum aforesaid or in excess thereof, shall contain the usual standard mortgagee clause making the lass under s.cid policies, each and every, payable to acid Mortga- gee as hIs Interest may appear, and each and every stu•h policy shall De promptly delivered-to and held by said Mortgagee; and. not less than ten days in ad\•anre of the expiration of each policy, to deliver to said Mortgagee , a renewal thereof, together with a receipt for the premium of m~oh renewal- and there shall be no such incur- ance placed on any of said buildings, any interest therein or part thereof, unless in the form and with the loss payable as aforesaid; and in the event any earn of money becomes payable under such policy or policies acid Mortgagee shall have the option to receive and apply the same on account of the indebtedness secured hereby or to permit said Mortgagor to receive and u.e it or any part thereof for other purposes without thereby waiving or impairing any equity, lien or right under or by virtue of this mortgage; and in the event said Mortgagor shall for any reason fail to keep the said premiers so insured, or tail to deliver promptly any of said policies of insurance to said Mortgagee. or fail promptly to pay fully any premium therefor, or in any respect fail to per- form, discharge, execute, effect. complete, comply with and abide by this covenant, or any part hereof, said Mortg- Agee may place and pay for such insurance or any part thereof without waiving or attesting any option. lien, equity or right under or by viKue of this mortgage, and the full agnount of each and every such payment shall ba immediately due and payable and shall bear interest from the date thereof until paid at the rate ot_ ten per centurn per annum and together with such interest shall be secured by the Uen of this mortgage. 4. To permit, commit or suffer no waste, impairment or deterioration of said property or any part thereof. 6. To pay all and singular the coots, charges and expenses, inciu3ing reasonable lawyer's fees and cost of abstracts of title, incurred or paid at any time by said Mortgagee because and/or in the event of the tailors on the part of the said Mortgagor to duly, promptly and fully perform, discharge, execute, effect. complete„ t:omply with and abide by each and every the stipulations, agreements, conditions and covenants of said promis- sory note, and this mortgage, any or either, and said costs. charges and expenses, each and every. shall be im- mediately due and payable. whether or not then be notice, demand, attempt to collect or salt pending; and the 1ttU amount of each and every such payment shall bear interest from the date thereof unW paid at the rate of ten per centurn per annum; and all sold costs, charges and expenses so incurred or paid, together txith such fn- terest, shall bs secured by the Uen of this mortgage. a~~K3~4 PacE165z