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HomeMy WebLinkAbout2675 ~i - . ~o ~iaue and to Mold the SanIP, together with the IPnements. iteredilamenls and appurte- II nances thereto hPlanding, and the mnts, issues and profits thereof, unto the mortgagee, in fee simple. ~nd the mortgagor covenants with the mortgagee that the mortgagor is indefeasibly seized of said land in fPP simple: that the mortgagor has good right and lawful authority to convey said land os afore- ~ said; that the mortgagor will make such further assurances to perfect the fee simple title to snid land in the mort{tagee as may reosonably be required: that the mortgagor hereby fully u~arrnnts the title to said land ! and will defend the same against the lawful claims of -all persons whomsoever; and that said land is free and clear of all encumbrances except those accruing subsequent to December 31, 1978. ~I i i ~COU~ded ~ltwayS, that if said mortgagor shall pay unto said mortgagee the certnin promia- I sory note hereinafter substantially copied or identified, to-wit: t 1i ` 1 .j ~ 27, 000.00 Fort Pierre. F1or[da, ~~*~?.~~1~-,-19~g_ For value received, I, we or either of us, promise to pay, without defalcation, to th order of ~sso a ion M~IRGARE L 5~~~~SFN--_------- at man------'31x o£ Zion,25B~Fieri-da Road, 7.ion, I inn s 60 - DOLLABS ~tiae~7eXitio the sum oi~~ ~g~,~ with interest from date at the rate of per annum, in instalments as followt~, a 217.25--- on the 15th day of ffAratr.ar , 19~_, and a like sum on the corresponding day of each like succeeding period thereafter until the whole be lolly paid >s.e6 taetalemt tint eWl be applied la t~alaes?rt of tia latsaat and tie. oa tie aaPaid baienee of fie Dd~iDd wm. It detaak b ' made in tie ~mea~ o[ ass Inatalax~ wbea doe. ties at tie optloa of tie 6dder, and witboot ans ~ Wolin. all fie remata[at iadalmeab shall ba due sad payable at once. PrhikRe le si~ea to pq t>ro ar moer i~utaUaenb at aa7 ImWa~ent faaRork7 date. bat t6ie shall sot a:tmd the time of mataritf o! and sabrepaeat Instalment Iidther torblaranoe. War aeoeptanee M tie holder hcreot after ass ddadt in ans Balmeat 6e+esa, stall be deemed e:taaeiao. f Saeh maker, carets sad endona Dereot. iointb and eererdb. wives demand, prseatment Drotst and aotiee o[ tx'ateet tar soe- i pepmeat and farfier aRe'ees to aa7 acteasiaa of time of palseent. either hefoee or after matnrit7. without noSee to ans of or: and benefit of bwaeetead sad es®ptioo~uader tbco ioa ~sLwas o(t h~t3latte o! the Uauited Statue.ie atiaiastthLr oWt~tioa or snf eatensioa or renewal hereof. Witaes the hand sad eed of coat Darts• 's /s / Phf 1 in T.._._.$-u.t2.____ (SEAL) ~Donna C, Bute ~~OI~N - (SEAL) A C. BLITZ ~ I s ~ i; ~ i~ ~i A . +i r ~ ;,L~13~0 eaGE~,W~