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~rDUtdp~1 MilUFll~~. that if said .Mortgagor shall pay unto the said JUortgagee
the certain promissory note, u/' wleic/a the foltoeriitg iir. wurds and Ji~grcres is a true copy,
to wit:
S6,1o0.00 STUAHT. Flatdl, February i~ ~1%• ~y 8Q
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t Jra VALUE RECEIVED, tM undtat+ynM IornUy •nd tav.ully PROMISE TO YAy to th• txd•r of GEORuE MACKEY
and EMMA MACKEY, his wife ,
'j Fifty Six thousand one hundred six~_and nolcerts (~5G,160.00~ oouARS.
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~ w wch othM'1•es N 1M ho1dN
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• v•,,t may d••Nn•t• m wnarN, to0•thM w+th MtaMt from d•t• at th• r•u ut _3rSn _pN c~nwm pa annum On tM unp.td b•ItxK. until m•twity.
y,d p+rntrp•1 and mtlr•tt th•11 w dW •ru1 p•yabt. i n quarterly p~,aieltts Of ~2,23~ .2~ , due An the 1st day
!each and every month_gf the quarter, with a halloan of the 21 t payment. The first
~~tr ?_c. rl y ~ ~~tyr.:~•nt wi 1 hr ue on c,r t rFc,i~t• titn~.~ 1 , 1 X30.
; c ' ~I.I.I(~11TI()i: ~11±Y f~J' Pttf?I'J~ IL 11T T1*~Y TI'1}: T•tI`I'~{(>ltT i'F'IALTY.
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~ ~ Jetiutt ta• maa• fm _1~AaYS p+ the Pai=~eut ~ a~•? urlu=r••=tent ,,t P==url=Dat ur rnter•st o+ anY part tMr•of, tM whoN Burn tnM r.rndMrq ~
•cn~~ ..•th rntlr•st t~,u •t notq•r', uDUUh us~urne Aug •nJ De•aU=e v.rthuut nuu+e. f rrrw• to ftpt=t• t.uch uDUpn fnlll not C0n,r'~71'unt. a w•IVM of tM
I~ . •a•ruSf tr+1 L+•+t In th! •~•nt Ot,ub~tyuent A•1•Wt Nttr. n,ttuu+y buln pnntrpol.rr0 JCC+Y•U nrt•r•et mal D•ar MHI•fl •l .tea ~M eMtYfn PM
II r'~" ' unit p!=;7. Tn• m.w•rs •nA •nQurb•H ur ttta note hrrlru. w.rr! uernan=l, nuh+e u, non pJYm•nl and Prot•sl. U tnlt not. rs not ltNld at rnltwlty
a' ~ '=~e •+re ri PI.CW w=tr~ an tltur neY rw tr:ue+lrun, the =n J=.~r1 ~nrf •nJm+Ht hr'•r,l ,,yr•e to p.y ~tl Cu1lti O/ ip11KU0n, tnClud+n~ MI COtrfl tofl• and
en n•o=e •tturnly It•S. y
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~j Richard J. Dl~ngey., ay-Tutee _ l
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and shall perjotna, comply with and abide by e~tcla and every the stipulations,
agreements, conditions and covenants of said promissory note and of this deed, then
this deed and t1Le estate hereby created shall cease and be null and void.
.~1tt~1 the said +111ortgagor hereby couenants and agrees:
.1. To pay all. and singular the principal and interest and other sums uj money
payable by virtue of said promissary Hatt and this decd, ar either, pminptly nit the
clays respectively the same severally conic clue.
To pay all and singular the taxes, assessm.en.ts, levies, liabilities, nhli.gations
and encumbrances o evert nature on said described ro ertr each anal evert ,and
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if the same be not promptly paid the said ,Mortgagee may at any time pay the same .
f ~ I without waiving or a~'ecting the option to foreclose or any right hereunder, and every
payme~at so made shall bear interest from the date thereof at the rate of ten
per cent. per annum.
I' J. ?'o pay all and singular the costs, cltargPS and expenses. inclruling lawyer's
~ ` fees, reasonably incurred or paid at any time by said .hfortgagee becarese of the failure
on the part of the said .Mortgagor to perform, comply ut-th and -abide by each and
~ ~ every the stipulations, agreements, conditions and covenants of said promissory note
~ ~ and this deed, or either, and every such payment shall bear interest from date at the
(i rate of ten per cent. per annum.
To keep the building Haw nr hereafter nn said land insrtrecl in a sum not ~
I; less tlusnFULL INSURABLE VALUE
~ - ~~jj~x~, in a company ar c•a~rapanies to ~ -
it
` I be approved by said Jblortgagee, and the policy or policies held by and payable to said ~
(i .Mortgagee, and in the event any sum of »tonoy becomes payable under such policy or
policies, the .,'Mortgagee shall have the option to receive and apply the same on account
of the indebtedness hereby secured or to permit the JMortgagor to receive and use it, or
any part thereof, for other purposes, without thereby waiving or inapa.iring an y equity
lien or right under or by virtue of this mortgage, and may place and pay for such
~ insurance or any part thereof, without waiving or a~•ecting the option to foreclose or
any right hereunder, and each and every such payment shall bear interest from date
~ at the rule of ten per cent. per annum.
Bo~327 ~~~~~9
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