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HomeMy WebLinkAbout1000 S "6.900.0p -..November. 1979 FOR VALUE RECEIVED, the undersigned, iointly and severally, PROMISE TO PAY to the or.ier of . _ - LILLIAN-- LAZARIK-- - - ' _--FORTY-SIX THOUSAND _NI-NE--HUNDRED•_AND. NO/100--------.-----.---.---.-"'-' DOLLARS, at 5991 -NW- 15*h- St-,., . apt.. Sunr~.se, F~,.._.-~.~.~~3------ - or such other place as the holder hereof stay designate in writing together with interest fron+ -..ddt'«..hOreOf - . . at the rate of 11$ per centum per annum on the unpaid balance until maturity. The said principal and interest shall be due and payable as follows: $459.69 on December 3, 1979 and $459.69 or more on the 3rd day of Z every month thereafter until the total sum be paid in full. The entire balance of principal and interest remaining unpaid as of November 3, 2004 shall become payable in full. This note Il~ay be pre-paid at any time without penalty. I/ dalauh ba sada ter 30 days iw ibe paysawl e/ any iwstallrnent e/ principal er interest er any part Iberael, tM whsle sus IMw rew.ainine ~ unpaid wiM inMrett shall at Mldar i eptww becasa dw swd payable witlNYt notice. Failure to o:arcise atreb eptiew abaM wet cowttitute • waiver el tAa riyAt to eaarcise tM aawia iw tM eaawt et aobsogwnt da/aoh. Altar wuterity both principal and accrwd iwNraat shaft bear iwbrest at' 11 pa? rantvs par anwecw trwtil paid. iM aaa~ars and endorsers of this wets /orthar waive desand. wetica of wow*aysawt and protest. t/ this wets is wet paid at ` ,..ata.ity swd the sale is placed with aw atterwey for celbct mow, tbt makers swd ewdersers hereo/ agree to pay ap rests ei cellastiew, incladiwe all ceort a, aocit and raaaenable atterwey lass. / ~ ~ i` ` :r, F Ohio (SEAL) ~ • ,:r; ;:-:~,~,on EXp~ra t: ay 5, l9si Ger Paris - ~ Arrest: ~ 7.~ (SEAL) and"r . -Paris . (SEAL) - ......r and shall duly. promptly and fully perform, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenants of said prumtssory note and of this mortgage. then this mortgage and the estate hereby created shall cease and be null and void. It is understood that each of the words, "note." '-mortgagor' and "mortgagee" respectively and the pron- ouns re[erring thereto. whether in the singular or plural anywhere in th18 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 ao implies or admits. Md said Mortgagor for himself and hie heirs, legal representatives, successors and assigns. hereby coven- ants ano 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 note, and thin mortgage, each and every, promptly on the days respectively the same ' severally become due. i 2. To pay all and singular the taxes, assessments, levies, liabilities, obligations and incumbrances of every nature and kind now on said described properly, and/or that hereafter may be imposed, suffered, placed, levied j 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 according to law, before they become delinquent, and before any interest attaches or any penalty is incurred; and in so far ss any thereof is of record the same shall be promptly satisfied and discharged of record and the original o[itcial document )such as, for instance. ills tax receipt or the satiataction 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 not so paid, satisfied and j discharged, said Mortgagee may at any time pay the same or any part thereof without wai~~ng oc affecting any option. lien, equity or right under or b~• virUie of this mortgage, and the full amount of each and every such payment shall be immediately due an~i l~ayabte and shall bear interest from the date thereof -until paid at the rate of ten per centum per annum and t~~gether vi~th such interest shall be secured by the lien of this mortgage. 3. To place and continuously keep on file buildings now or hereaft~e~riLt te»~a~o~d tan fire and windstorm llil d insurance in the u_aual standard policy Jnrm, in a 4tim rent less than sih].5..~-------------------~•-•. 1n such com- pany or comp^nics as may be approved by sari Morti;a~ee; and all such insurance policies on any of acid build- . inga, any interest therein or part thereof, in the aFgrrRate sum a[oresaid or in excess thereof, shall contain the usual standard mortgagee clause making the loss ur-der said policies, each and every, payable to said Mortga- gee as hie interest may appear, and each a::~l every stii•h policy shall be 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 ~f aneh renewal: and there shall be no such insur- ance placed on any o[ Raid buildings. any inte*est therein or part thereof, unle.~s in the form and with the loss payable as aforesaid; and in the event any sum of money becomes payable under such policy or policies acid Mortgagee shall have the option to receive and apply the same nn account of the indebtedness secured hereby or to permit said Mortgagor to receive and tiQe it or any part thereof for other purposes without thereby waiving 8= or impairing any equity. lien or right under or by virtue of this mortgage; and in the event said Mortgagor shell for any reason fail to keep the said premises so insured, or fail to deliver promptly any of said policies of insurance to said Mortgagee, or fail promptly to p:tv fully any premium therefor, or in any respect tail to per- ~ form. discharge, execute, effect, complete, comply u~th and abide by this covenant, or any part hereof, acid 1ltortg- ages may place rand pay for stick insurance or env part thereof without waiving or affecting any option. lien. ~ equity or right under or by virtue of this mortgage. anJ the full amount of each and every such psyment shall ~ be fmmediately due end payable sod 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 lien of this mortgage. 4. To permit, commit or suffer no waste, impairment or deterioration of aald property or any part thereof. 6. To pay all and singular the costs, chergea and expenses, including reasonable lawyers tees and cost of abatraCta of title, fncurred or paid at any time by Bald Mortgsgee because and/or in the event of the failure on the part of the said Mortgagor to duly, promptly and fully perform, discharge, execute, effect, complete. rnmply with and abide by each and every the stipulations, agreements. conditions and covenants of said promb- wry note, and thin mortgage, any or either, and said costs, charges and expenses, each and every, shall be im- mediately due and payable, whether or not there be notice, demand, attempt to collect or suit pending- and the full amount of each and every such payment shall bear interest tram the date thereof until paid st the rate of ten per centum per annum: and all said coat,, charges and expenses w tncurred or psldr together wfth such in- terest. shall bs secured by the Ilen of fhb mortgage. In the event of any conveyance without the mortgagee's written consent, mortgagee may call all sums secured by this note and mortgage payable in full. OR~~~ nevi,