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HomeMy WebLinkAbout0115 • •.*i4~i9~i'.~i?.•••.•.•••.'.4'?.••4r'.?.•.~• 6'~I/I/~'.<?f?S?•.••LWi4 R FOR VAIUE RECEIVED, tha undanioMd, ~siMly and wvarally, I•ROMiSE TO'AY fe tla erdw of - ._kiARQi+~. -I'ia.. GRF~SQitiE_.and._FI~~T1I ..GRF.GS3RIE _ - i 1 TH18TX-Sl~Y>rN...TiI4U~AND-. attn..no/1-Q0-_---_--.--------------.------------.------ DotuRS, ti ,t 9@Q9- s..-lYidan R3~Ver- RX. F~. Pierae _~.lox;~aa ~.34~0 _ ar such ott»r plea as t!N I+oidrr har+sof racy aN in wriH11R toRNharr with intarost from -4~a~.e...13~3QWT1 AboYe.... - t at tll~ rafts of 1/2 .par smuts par annual or the unpaid balsas until maturity. Tha said principal and int~st sh~U b~ dw and parable as follows: 5314.05 per month, the first payment being due one month from the date shown above, and continue for each month thereafter until paid in full. ~ This sum of 5314.05 paid each month shall first be credited to interest ~ and the remainder to the principal of this obligation. This note may be prepaid at any time without penalty. ~ ~ , 0 N Jelaa~lr M .waM /er 10 Japr « rba pywrawr d aq iwrrallw.awl of piw,ipa) « iwNrarl « awy fan ItNrNt, rbe wbeh sew. thaw nwraiwin~ ~ ' vw~aid wAb iwlerasr shall a/ bella.'a epiew Mcaw» dw awd ~ayabb w:1Mw wobca. tailrre h wwenhe srrch Mliww abaN wef sewuittiN a waiver e/ tM ~ ,I*M N ewenice rM sarwe iw rba ewwr e/ cebce~wM ~afawh. AI»r rwNVrily beN. p,~wci'al awd accwe~ iwMnrr cbaN boar iwN,err ar f~$ 'ar cawwwr ~ far awwwr wr1i1 'aid. •ba woken awl ewdersers et this wete iwAha? waive daw?awJ, werue et www*arwww! awr ~,NMf. N Nws weN is war ~ai~ a1 sah,riry awr /be sa.we is lac+~ with aw aiNrway fer csNe:riew, rbe wukan awd ewreraara kwreef prae h pay aN cesM ei teMaatiww. iwclrrMa all cewr ~ - cMU arrd reasewable errerwer taea. ~ s= ~ R / ~ ~ / xe ~ x AMast: ~ ~ (SEA[) Z ~gnn Kel er - - - (SEMI as~'.?f~l•~ib4•Y.•Y.•.•Yrl•JV•i°.•••~i~•r%•••.•••.•.•.•.•.•.:'.•.:•.•.•.•.'d.•••••.•.•.•.•.:'.?.?.•.•d.•iM/.'i~n.•r••.•.•.•.•.•.•.•.•.•/'.•.'.•i•/.•."~.•.?.•i~i•.'i ~ and shat! duly. promptly and fully perform, discharge, execute, effect, complete, comply wtth and abide by Bach- and every the stipulations, agreements, conddions and covenants of said prum~ssory note and of this mortgage. then this mortgage and the estate hereby created shall cease and be null and voui It is understood that each of the words. "note," "mortgagoN' and "mortgagee" respectively and the pron- ouns referring thereto, whether in the singular or plural anywhere in this mortgage, shall be singular i[ one only - and shall be plural jointly and severalty, if more than one, and shall be ma.9culine, tem?nine and/or neuter. whet- - eyer the context ao implies or admits. Md said Mortgagor for himself and his heirs, legal representatives, successors and assigns. hereby coven- ants ana agrees to and with said Mortgagee. his 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 this mortgage, each and every, promptly on the days respectively the same severally become due. 2. To pay all and singular the taxes, assessments, levies, 7iabiGties, obligations and incumbrancea of every nature and kind now on said described property, and/or that hereafter may be imposed, suffered, placed, levied or assessed thereupon, and/or that hereafter may be levied or assessed upon this mortgage andior the indebted- ness secured hereby, each and every, when due and payable accoMing to law, before they .become delinquent. and before any interest attaches or any penalty is incurred: and in so far as any thereof is of record the same - shall be promptly satisfied and discharged of record and the origins! offuial document !such as, for instance, the tax receipt or the satisfaction paper officially en~torsed 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 discharged, said Mortgagee may at any time pay the sane or any part thereof x•ithout waiving or affecting any option, lien, equity or right under or b~• virtue of this mortgage, and the full amount of each and every such payment shall be immediately clue ant l~ayable and shall bear interest from'the date thereof until paid at the rate of ten per centum per annum and G~gether with such interest shall be secured by the lien of this mortgage. - 8. To place and continuously keep on the bu~Jdin~s now or hereafter situate on said land fire and windstorm insurance in the usual standard polity form, in a sum not less than unpaid balance-----------. to such com- pany or comprises as may be apprnved by said Ainrt~a°re; am! all such insurance policies on any of said build- ings, any interest therein or part thereof, in the aggn#;ate sum aforesaid or in excess thereof, shall contain the usual standard mortgagee clause making the l~~~y ur~ier said policies, each and every, payable to said ittortga- gee as his interest may appear, and each and ec•e:y su~-h policy shall be promptly delivered to and held by said 11lortgaRee:. and, not less than tin .lays in adti•anre nt the expiration of each policy, to deliver to said I?lortgagee a renewal thereof- together with a receipt fur the premium nt ai,rh renewal: and there shall be no such insur- ance placed on any of said buildings. any interest therein or part thereof, unless in the form and with the loss pa:•able as aforesaid; and in the event any sum of money becomes payable under such policy or policies said Mortgagee shall have the option to receire and apply the flame nn account of the indebtedness secured hereby or to permit said Mortgagor to rereive and use it or any part thereof for other purposes without thereby waiving or impairing any equity, lien or right under nr by virtue of this mortgage: and in the event said Mortgagor shall for any reasra fait to kerp the said prnmiaes sn irt=~~red. or fail to deliver promptly any of said policies of insurance to said DtortgaRee, or fail promptly to pay fully any premium therefor, or in any respect fail to per- form. discharge, execute, effect, complete, comply tivith and abide by this covenant, or any part hereof, said Mortg- agee may place and pay for such insurance or any part thereof without waiving or affecting any option, lien, equity or right under or by virtue of this mortgage, and the full amount of each and every such payment shall be immediately due and payable sad 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, imrairment or deterioration of acid property or any part thereof. 6. To pay all and ainlfular the costs, charges and expanses, including reasonable lawyer's fees and cost of abstracts of title, incurred or paid at any time by Bald Mortgagee because andior !n the event of the failure on the part of the said Mortgagor to duly, promptly and fully perform, discharge, execute, effect. complete. comply v?•ith and abide by each and every the stipulations, agreements, conditions and covenants of said promis- sory note, and this mortgage, any or either, and said costa, charges and expenses, each and every, shall be Im- mediately due and payablr, whether or not there be notice, demand, attempt to collect or salt pending: and the full amount of each and every such payment shall bear interest from the date thereof ttntll paid st the rate of ten per centum per annum; and all said coats, charges and expenses ao Incurred or pall. together with such in- terest, shall be aecttted by the Ilea of this mortgage. aaox 328 reCE ~Z5 -