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HomeMy WebLinkAbout2951 • _ i~ _Y~`w . a : . ~ . ~t AIII~ W the same, together with the tenements, h.redilamenls and apptude- nances]lherefo belonging, attd the rent, issues and projtfs thereo/. unto the mortgagee, in je simple. - TIIW the mortgagor covenants with the mortgagee that the mortgagor b ind%aaibly seized of said land in fee simple; that the mortgagor has good right and law/ul authority to convey add land a a/on- soid; that the mortgagor will matte such further assttrancea to M?j~ the f e~ simply title to sdd land in ilia mortgagee as may reasonably be required; that the mortgagor hereby fully wamtutta the title to said land and will de/end the,same against the Iaw(ul claims o/ all persona whomsoever; and tha! said land is free and clear o/ all encumbrances .c V~ ~unys, that if said mortgagor shall pay unto said mortgagee else c.rtoin prv.wi.- sory ?tote hereinn/ter substantially copied or identified. to-wit: ACCT 'a0. T~ 'GATE : D _ - - Far value t'eceiv~d, 11we }uintly an.: -.rverally, promise Lv pay thr FEDERAL b STATE IKSP 0 S F DERAL tr'•fDl IINICN, hcreinaftrr referred to as '.'hi+lder", on V+aer, the sum of 6 ~?cs /100 dollars withf ~:merest on unpaid - . b..lanc • at the rat' n y~,+•,tcnt 1„'r month, payable in _~Q installments ' ,~t r. ~ /100 di+Ilars: tfr+• Tirst pay~eent to. be md.1a r,r+ 7 19_,f~-.-' and a 1 ike awunt every u+unth thereafter (on lh+• d.w come pending to day nf.monlh lirtit above Shown) until thr full Mx+unt has been pa1d. - , - T•~ secure the payment of this note, and to secure the payr.+rnt ut...ny o, her loans. . revolving credit :,dva~,ces, or +.t her loan obligations of ~_a~ a~nd i,ned .t.n the undersigned - pledges the following property as collateral, to wit: The undersigned hereby u~ansfers and conveys to said holder ega title to sai .property as security for this debt and warranty the sate to be free and clear of all liens and encum- brances and understands same is conveyed as collateral property of holder.' Ul+ort defau{t - of the :„aker in any of the payments or agreements herein contained, the holler awy declare all payments due and as agent for the undersigned, sell or otherwise disl+++se of said collateral at private-sale, credit the proceeds to this indebtedness, and pay over <u,y remaining aswunt to the undersigned ni hold undersigned rr,ponsiblc for .any unpaid hal..n...• then rr.,atining • a•. th.• n.w b+•. ' In case of any .L•fault in any pay+nera herein agreed, the enti,. b.,l,a,cr of this n;;~a sl,,a<::.,Stca+~ +..-•.•J:aieiy dua• and payanlc, at the optirx, of tf,e holler, ~ . ~ Each party to this note, whether as e+aker, indorser°or guarantor, severally valves p~esentrnent for paya+e.•+t, daaand, protest and noti of protest and dishonor of the sa,ae. If undersigned rcxnoves said collateral bey he liaits of the county with intent to perwanently have it accaspany his sojourn or n rasidence or uses said collateral + `a for any illegal purpose or if holder teas ~I( itself insecure in respect to loss-of the wllateral through condeanation or t i1~a~Y;ign failure to keep the collateral insured, then this note and any balanc )+eraort sh 1 become iswiediately due and payable. - _ The rights expressly provided in fa older' re in addition to other rights and remedies provided by law particuta ~s clin0:f~ possession of the collateral security above described. In the event thi i ,bry; (note) or debt resuiting frm, or balance ` due on same is plated in the hands ~ ~g~P torney for collectlon,.the maker, obligor. and any endorser, surety or guarantor, eg aes Ito pay in addition to the prim-ipl.• and Interest due according to the tenor and effect o thr obligation itself (or bala:x a d:+r thereon unpaid) the further swn of i5 percentum (15-) which shall be collected with .+11 costs of . Col{ection la accordance with Ga. Cade Mno. ZO-506- As against this indebtedness. or any r.•netvel hereof, the wtdarstgncJ waive(s) and - rcr,uunceis) for hissclf and family any and :,11 homestead or exe,aptltxt rights under the _ ~ Ca+~t itut ion, the la.n of {reOrgla, of the United States or any otMr st.rte. WITNESS OUR HAND51ri~j~7tAtlA11~I~Itg1A~ ` 'SIGNATURE OF WITH tytptM~w SIGNATURE OF MAKER ANO CO-MAKER N14gnIL rri. tllirll~l?tl~ ~J n ~v~ ~ ~ r FURTHER: 1lwe, the ut?dersignrd. hereby sledge a!1 paid shares and payi„•nts on shares ~ . which 1/?~ now hwc o, hereaft ,~>ty havt in This rre•dit ynii?n as SKUrily lur ihi! loan f. cvidcna•,1 by 7 nu d. ed 19 In the ,wautl of ~ ` - . . ~.~-f~ R ~d^'1ar5, °xttuteLr by..i'::7f? pay~blc to the FEDfRAt b~~~ IIZSPEC 0 fEOEttAL CRED1~-UNION. This plydye is given to :sec, re the payment ++f the above descibed loan and interest, costs of collection or expenses tha• nay accrue therrc++,, and 1lwe hereby auU+orize this credit union to apply any Or all suc% paid shares and p•+ymQntS or, shares to the payment of said debt. and interest, costs. and expenses. - • REGARDLESS OF 5ECURITY OFFERED, final 'approval of the loans will not be made by the Credit Committee Until this forty is signed in ail spaces indicated by aged check BOOK3i4 PI,aE • ~ ]THIS NOTE is AN INTEGRAL PART OF A CONTEMPORANEOUSLY OATEO REYOIVING CHARGE CARD ACkEfMtNT CONTAININt: l i PROYIS{FINS AND ON REVERSE SIDE OF SAME VARIOUS TRIfTH IN LENDIIfR OIStI-nS1?RFS. SAME [tl ?K.: t?Y•'~N157RffERENCE MADE A PARt HEREOF AND THIS 08t IGATION PY YlRTUE itf i r.!'iiION 1•. NrL+I A P1~TjTHCREOT. ...~..r.......-_ _ ~ - - ~ ~ --V.__~~...,,-,-.:~. < ~I . ~ I -