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Home My WebLink About1014 ~ e af- ~ - - - ~~iL~ ~iL~i~s~i~i~i~iSS~i~rL~i~i~i~i~i~~~i~i~i~i~i~i~i~i~i~i~i~i~i~i~i~i~i~i~i~s~i~i~i~i~i~i~i~i~i~i~i~i~i~i~i~i!~~i~i~i~i~i!i~i!~~i~i~iSi~i~?+~,, s .1$..Q-4~QQ_..._..__. .-..April------- $_0.... FOR VAIUE RKEIVED, tl+a undorsiRnod, jointly and sovorally, l~ROMISE TO PAY to tho order of__________ _ _ -aI.O1d.~1._.~.,~g_and SALLY__BA~~R:---hip-..~~.f~----------------- - s~~l_~04-.----~ at ~~~.~~.:~__~.-~~~_,..__~~~.~.Xtl4_•_ F.l.S2~~S~~_._~~~~--------------ar such Nhor plea as tl» holder horoof nay N In writiM toR.thar with inNnst from ._~_~~~..~-._~.----+---~~$4._______.___________________________._.-------.-_-- at tiM rats of ___L~ pu coMum par annum on Cho unpaid balance until a~laturity. The said pried I and intorost shall b. dw and payable as follows: $150.00 per month, the first payment being ~ue one month ;from date, and continue for each month thereafter until paid: This sum of $150.00-paid each month shall first be credited to interest and the remainder to the principal of this obligation. This is a balloon mortgage and the final ;3 payment due upon maturity will be the balance due after Five Years, the 60th payment. This note may be prepaid at such times and in such amounts as the makers desire, without penalty. N daladt N faad~ far .-.10.---- days la th. p.rwiawt d «ir bt{taMewt wf priwcipal wr lahiwt « Mr pwt IM?wal, th. wtieM {via flaw nwainiwa vwpaid with iwhh{f dull N tiwWwh apliww ?{ceafe dw awd Mrs?M wdhwvt wwliq. Failure N exercise {sell vplivw duM wwf sww{titirh weber d Ili{ riabt N wxweti{v tits s{a» iw Ilu wtiwa/ d {vMpwal dwlwh. AftN aulwilr tMtA piwtipat awd Kawd iwNew{I dN4 Mar iwhew{t N ...1~ - p{r twwlvw par aaawii wwA') paid. tfhw wukwq awd wwdwnen wf this wwN fveNwr waive dewuwd, uwNew of www~pariwwwl awd prwN{I. N till{ wets is wwt paid a1 wufwilr awd Its aawiw i{ plaewd witl? as altorwer twr ewMwdiww, tM waken awd wwder{an hanaf pevw N par aN twsM v1 .ewlMcMw, Mslvdiwa aM ewvA ce{h awd raasawarla MNrwvr t{w{. - t n~ , ~ - - - - ---~s~~~ ; ry $ t e a».a: ~ _ .L1_>~CL!%~=~~ - - -----(sue) J -~ett a be - - - - - - - ls~) ~~s ~~if~~1~I~J+I!rfH~~~I~~~I~1~1~I~1~1~Ifi~i~i~i~i~i~i~i~i~l~i~i~~~i~I~Ifl~i~i~i~I~~~~~1~1~I~i~i~i~I~i~i~i~i~i~I~I~I~I~I~I~1~1~I~i~1~I i~i~I~I~I~i~I~I~~~I~1~I~i~I~I~I~~~i~~fN~I~^ and shall duly, promptly and Cully perform, discharge, exrcutr- ritrrt, complete, comply with and abide by each and emery the stipulations, agreements, condiGuns and tovcnants u[ stud pnrmiss~ry note and of this mortgage, then this mortgage and the estate hereby created shall cease and tx null aria ti•oi~f. It is understood that each of the worts, "note," "mortgagor" and "mortgagee" respectively and tht pron- ouns referring thereto. whether in the singular or plural anywhere in this mortgage, shall be singulat It one only and shall be plural jointly and severally, i[ more than one, and shall be masculine, feminine and/or neuter, wher- ever the context so implies or admits. . Md said Mortgagor for himself and his heir, legal representatives, successors and asalgtu. hertby covets-, ants ano agrees to and with acid Mortgagee, his legal representatives, successors and assigns: I. To pay all and singular the principal and interest and the various and sundry sums o[ money payable by virtue of said promissory note, and this mortgage, each and every. promptly on the days respectively the same severally become due. III 2: To pay all and singular the taxes, assessments, levies, liaDihtiea, obligations and Incumbnnces of every nature and kind now on said described properly, andlor that hereafter may be imposed. guttered, placed, le~~ed I or assessed thereupon, and/or that herca[ter may br lrv~ed or assessed upon this mortgage and%or the indebted- Hess secured hereby, each and every, x•hen due and payable according to law, t?efore they become delinquent. and before any interest attaches or any penalty is iiicurrrd: and in so tar as any thereof is of record the cams shall be promptly satisfied and discharged of record and the original official document teach as, for imtance, the tax receipt or the satis[action paper of[icially en~lnrsed or certifiesti shall be placed !n the hands of said Mortgagee within ten days next after payment: and in the event that any thereof fa not so paid, satistie~and discharged, said Mortgagee may at any time pay the aante or any part thereof without waiving or atfe ling 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 and shall bear intertst from the date thereof until paid at the rate of ten per centum per annum and tngeth~r with such interest shalt be secured by the lien o[ this mortgage. 3. To place and continuously peep on the bu,ldinl;s now or hereafter situate on said land fire and wlndatorm insurance in the u.Qual standard policy fnnn, in a -tiro not less than = MSXiIDUm_. -r In such com- pany or comp~a:ts as may be approvedpy swirl Morlga~s•e: anal ell .itch insurance policies on any of said build- ' toga, any interest therein or part thereof, in the aggregate sum aforc.aid or in excess thereof, shall contain the . usual standard mortgagee Meuse making the Inks under said poLcies, each sod every, payable to said Mortga- gee as his interest may appear, and esch ai:~i every sii~ h policy shall be promptly delivered to and held by said . I?(ortgagee: and. not less than tetf days in advance of the expiraUnn of each policy, to deliver to said Mortgagee a renewal thereof. togethtr Mith a receipt for the premium rat .ii~h renewal: and there shall be no such insure ante placed on any o! said buildings, any interest therein nr part Ihertot, unless in the form and with the Insa payable as aforesaid: and in the event any sum of money becomes payable under such policy or policies said Mortgagee shall have the option to receive and apply the same nn account of the Indebtedness secured hereby or to permit acid Mortgagor to t'eCeive and us<e It or any part thereo[ for other purposes without thereby waiving t or impairing any equity, Iten or right under or by virtue of this mortgage: and in the evsnt acid Mortgagor shall for any rcasoa fail to keep the said prcmi+ra sn imured, or fail to deliver promptly any of said policies o[ insurance to said I?tnrtgagee, or fail promptly to pay fully any premium therefor. or in any retipect tall to per• form. discharge, exCCUte, effects complete, comply with and abide by this Covenant, or any part hereof. Laid Mortg- agee may place and psy for such insurance or any part thereof without waiving or atfecting any option, lien, I tquity or right under or by virtue of this mortgage, ant the full amount of each and every such payment shall be Immediately due and payable and shall bear interest from the dale thereof unt11 paid at the me of ten per centum per annum and together v?Ith such interest shall be securtd Dy the Uen of this mortgyCe. To permit. commit or suffer no waste, impairment or deterbntlon of said property or any part thereof. 6. To pay all and singular the costs, charges and expenses, including reasonable lawyers fees and cost of abatracta of title, Incurred or paid at any time by said Mortgagee because andlor t the scent of the failure on the part of the Bald Mortgagor to duly, promptly sad tally psrfortta, discharge, s:eeut, effect. complete, comply with and abide by each and curry the atlpulatlona, agreement, condiUona send covenant of and promla- aory Hots, ttnd this mortgage, any or either, and said costs` charges and expettaea, each and ersry, shall bs im- mediately due and payable, whether or not thin be notice, demand, attempt to collect or salt pending: and tits full amount of each and every such payment shall boar intstest Iran tits da4 tltsreot ttnW paid at the me of tea per centum per annum: and all said casts. charges sad sttpeassa ao Incurred or paid, together frith suet Ia- btYat, ahaU >s. secured Oy fife Ilse of this mortgage. e~aK~ ; :cF 1014