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~rDtuidr~ ~11Utt~8, that if saizl .Mortgagor stall pay u~:to the said J{lortgagee
tht certain. pmmisaory note, oj' which the j'ollau~in.g in u?urils and figures is « trice copy,
to wit:
No. ~ 200.000.00 Fort Pierce , FIt?ritla, December ,,,r~ , 197
On or about April 1. 1980 a/ter date, /ot• v~alae t~ereived,
I /tmneiae to pay to the order o/ Iauis Delagrange, Daniel Yoder acrd Am~8 D. Delagrange
Two Hundred Thousand and no/ 100-------- ~ F - DOGI,ARS,
Indiana
,tt 132 Lincoln Highway West New Haven ,x~fi~i[a -
witk iwtertat ttereeiw of tAe rota e/ Ten (10) ~r «wt. ~r ~,,,t„~w, Jro„~ date wwtil /wUr Iwtenu pywNe onwr
.wwwlly. TAe worker ~ ewJwrxr o/ tkia wwte Jw?tkw ogee to trwir~ Jeaund. wotice of ~•tt+ri•~ wwtl M~~: ~ ~ cw~e wit a~wll
be 6rousAt Jw tke eolleetieN kerewl, e? eko t+owte ku to k ~dlerted wpow demawd o/ p oiter~t~~to /wr rewa.ww8le wttorweY'a /tp JK
wwkiws sutA collrctiow. Dr/e?rel iwtereM pwyrwewts to 1KO? iwt~r~v Jr.Nw w,otwrity of ten 1 ~ newt. der wwwww, oorib/e atwi~
~wwndly.
(Seal)
Dui April 1 19 gp oan rt n
(~1
~cytNO~t ?owte nM
i
and shall perjozm, Pant ply with attd abide liy each and every the stipulations,
agreements, cozzditiozrs and covenants of said promissory note- and of this deed, then
this deed and tlae estate hereby created shall cease and be null and void.
.c~ttd the said .,Mortgagor hereby covenants and agrees:
.1. To pay all and singular the prinP.ipal and tntPrPSt and n;)tPr sums of money
• ,at able ht virtue n ulid rnmtscrrl natP and this decd, ~,r Pith Pr, unnt ,ill ~?n the
1 .1 ~ I n i ~ I l
days respectic~ely the same set~s'rallrl Ponte due.
1 Tn part a!1 att~l sirt~sular t/tP taxPS, assessntPnts, let•iPS, liahilitiPS, ~,blisations
and encumbrances of every nature un said dPSPrtlied property ea-•h and erPry, and
if the same be not promptly paid the said .Mortgagee may at any time pay the same
without waiving or affecting the option to foreclose or any right hereunder, and evert)
payme~at so made shalt bear interest from the date thereof at the rate of ten (10)
per cent. per annum.
J. To pay aid and sin~utar the costs, char6PS and P,xpPnses, inPlruling lawyer's
fees, reasonably incurred or paid at any time by said J{iortgagee becartse of the failure
on the part of the said .Mortgagor to perform, comply zrith. and abide by each. and
everts the stipulations, agreements, conditions a.nd covenants of said promissory note
and this deed, or either, and every such payment slurp Lear interest from date at the
rate of ten (10) per cent. per annurn.
To kPPp the buildings notes ur 1rPreajter nn said land insured in a sent n~,t
i
lt;ss that their highest insurable value------------------------------- ! f
U~,llurs, in a Pnm.patttl ~,r ~•~,m.paniPS to
be a roved b said .16iort a ee and the olio or licies held b and a able to said ~ ~
pP y g g p d l~ y p y I
.Mortgagee, and in the event any suet of nzon~y becomes payable under such policy or ;
policies, the .1~fortgagee shall have the option to receive and apply the same on account
of the indebtedness hereby secured or to permit the .Mortgagor to receive and use it, or
any part thereof; for other purposes, u~i`,hout thereby waiving or impairing any equity
I~ lien or right under or by virttce of this mortgage, and nary place and pay for such I
insteranee or any part thereof, without waiving or aff'eeting the optiota to foreclose or
tiny right hereunder, and each and every such payment shall bear interest from date ~
at the rule of ten (10) per cent. per annum.
_(IR X77 ~i7 ~ !