HomeMy WebLinkAbout0042 ~r~uiled ttlu~ttJ,~, t/tat if said ,~itort~agor shall lxty onto the said Jllort¢a¢ee
the certain prvntissurrl note', ~./'rehich t/te. j~.lluu•ini?' in wards and jl~ures isu true copy,
~Lrit~
S5{QO . Je<e,Hta. ~
. ; ~ poor
rOS. YA{~ Lt'i!V>ZD, tin rad~nidotd, (joiwthr tuck teveiaMp. M sure to ,one) pcoaAiaa to Pal ~ • ~ .
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DETAINS C. 1~ORBT
, or qdM, in the aMltaa; 4Me~naAef
Vii.
dz a. d Five Thousand and------------------ _--------------:,.-nd~1 ~ .
(i 5 ~ 000.0(1) wi~i iaMeott 60. sate at tie rue d ten (l~r «at. per a~n :n as tie balaeee trot tiM M tiota aiss,~id, `,,t
T'ie grid ~ sad iatae~elt till be payable iu IMrtral stoner d tits Z"died ~ :f America at to
.,~vw'''
P'aY~B a at tad place as war bereatter be desiRaated br lrittea notice from tie ioldti to qw ~ . '~r " St~~
ehe date aed is die aqua tollonrios: ;1 • • 1Gi~
This noted is payable in monthly installments c ~ Sixty-six and ,08/100 ARtllale~~~. 3
($'~6.OB), which includes interest of 10~ per F• ~num on the unpaid @ri,ne~pal•.•• i-~
balance, cadencing one (1) month fraai date ai<. 1 monthly thereafter foz• . tiwt~q
fo ,
yr (24) monthly installments. TrAtenty-four ~ _.4) months frog dat• h~l>~~4f,
the entire principal balance plus accumulat<l:d :merest, if anyr shl~~lire
due and payable fn full.
tack ipstallment Pirst shall be applied in paS .tent o~ the int~trQat thaog:.:~~~ • ' ,
on the unpaid balance of the principal suan. ~
4!
_
This note »la be re id in whole or_ in ~ ..T._
~ __P Pa part' ~ . any time without pan*3ty. ,
11it sole will iMeieat y aiecwed bir a sert~ass at twl eala~e. eE ews ~i L. -•witb~ made bir i6e
a,atFt`gl~i~1
Palms. sad tW be swMrred and eaf acoatdees to tis law/ d lie &ate of Ylw la. Te terms at tsid wtor~a~e ~ ~ ' ~ _ y`4 , i
aaade a l~ Mteiot~ surds default eocltinues fat IS d:,ys
,~c;i~.
u ddaolt et: tie pa~r~ d oar. d tie woes or Lttatat aneatioaed cseia a: ;o .id vi in tlw .
.
aaaa~~~d tin a~1~ eet~1aiMd iereia oe b stud mortsa~e, flan t!e emire princess 1 wua and aoerurd in 114U ac tye~t~
Mader Itaaed• ~l~t~a at aaa dne scot oollsetibls witi~oot notim, time beies d d? csega: ud Mid pr~~d~!~~!! aa~ _ sf
.tali bout irlM~e~t ttmt wek time wut~ paid at cie ii~aat rw albwabk m. r tlt< laws QI tfie 5tt~te a[ ~`wrfcli. Fi~~ x
;
` ~
tyis option ~ sat s+oMdtots a . waiver d tie remit m eaereMe t>.e: acme is tie t:va of oar auboegtaeat ddwlt, ' ts. ` t ~
y~ . 41
Eaei peaun liaira ierwn wie<ier cooker or endor.es, ieeebr waives preaeabeM c, prateat, astioe. ~~i
tit~o~f tltii o~~ d
sonar std treoiY w peel aD ogna, a aeatoaabk attoraeYa feette, whether nut b brouaitt ar not„ , '
beroMa~dtr, ar e~teiri sad mert~aee, oeunael adall be eMpbrod w eof3ett thin sole c to peoteet tic aserritr d ~ ~toftp~' : } . ~ :
tired ieaeiai tie ts>so 'loide~', 'Snaket•' and '~yce" tLaU k a utnnd is the tio~Lt a ~iurd ;i~dia'iOrRS r! .,~~f.
~
~ . " ldaker's Addraa ..~....,..._..»_,».....»-~SEAb~,,i~•.
_ ~ -~'-~^a".'~-•.wa. ' ._........,~......~...~yy~yc.. Hwy ~ y ~ ~ ? .
un<l ehttll l.erjar»t, t•nmplrl with and a?,itle hJ each and et•ery the stipulations,
{ agreements, conditions and covenants of said promissory note anti of this deed, then
this decd and the estate herebtl created shaft cease and Le. ntcll ant! roil.
i ~
..~Z11c the said ,1lortgrtgor hereby covenants need agrees:
_I. Ti, l,ay ul! ern.! singular tJte prin.•ipnl un,l int~rrst n,1 nth,'r sums n ' nat,net
1
puyahlE> 1?rl r•irtut> „j .c~ri.! prnariss..rt/ nnl~• .tnJ /hi. ,l,>,•~l, „r ~>ith,•r, l,rt,r?`~l,t/rj ,~n t/tF>
dulls re4p,>~•tir,>/r/ the snrn,• srr,>rctlltl rnnrt• ,lue.
.
i
T~, l,ntl nll nn,l sir,snlur the tu.r,•s, nsse.xn~~>nls, let•i,>x• liuhiliti,•x• ,~hlinutiuns f
un~l ert~ttm.l?rurt.ees ,•rrry nut are art swirl ~lrs,•ril,t>d l?rnprrl y cu •/t untl er,>nl, urttl
if the same be not promptly paid the said alortgagee marl a.t any time pay the saute
u~ithorct wait*ing or a/jetting the option to foreclose or any right heretcrtder, and erer•y
payment so made. shall bear interest from the dote t/tereof ut the rate of ten (10)
per cent. per aructem.
i
3. To pay all and singular the c•~sts, chato,•. trn,l ,>xpenxes, inrltttli.ng lawyer's
fees, reasonably incrcrred or paid at any time by said .,Mortgagee becattscof the failure
un the port rif the said ..Mortgagor to perform, comply with untl uhitle by etrch anti
every the stipulations, agreements, conditions and cnt•enants uj xttitl pruntissorrl note _
' and t/ris deed, or either, and every srtch payment shall Lear interest front. elate at flee
~ ratE• often (10)- per cent. per annum.
Ti, ~•,>,>p tht> hail~lin~ nt,tr ~,r h~>rwrjtrr nr, s~riil lun~l insnrerl in ,t seen, n~?t .
• /~rss than its highest insurable value--------------------------------
[)„/lurs, in a et,ntpuny ur ~•.,ntpttnit>s tt.
be approretl by said .jortgagee, and the polieJ or policies held by and pu.i/able to snit!
.Murtgctgec>, an,l in th,• Brent any suet of mort~y Becomes payaLle tender such policy ur
policies, the ,Mortgagee shall have the option to receive a.ncl. apply the saute art account
of the irttlebtedness herebtj secured ur to permit the .Mortgagor to receive ttrad use it, or
any part. therc•uj; for of/tee purposes, u•i'hottt thereby training or intpui.ring arty egrcity
lien or ri~lil urttler or by virtue oj' t/tis mortg'uge, and Wray place and pay for stcch
insurance or any part tltereof, raithotct u•airtng or ajj'ectins the option to foreclose nr
any rigfi.t hereunder, and each and evert•/ such payment shall bear interest from date
at flee rate of ten (ZO) per cent. per annum.
y.»K 320 P~~E 42