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HomeMy WebLinkAbout1565 ' ~ `ri S?'SrS~i~iririsLririS?ririrrriririririri4ririri~iririrr~rriririririririririrrriririri~irrririrtririririririri~rri~ir~rirs~i~iriLSr~iE?4~~ FOR VALUE RECEIVED, rho undo nod, jointly and sov~rally, PROMISE TO PAY to rho ortior of . . i ---HENRY _C~_ NEBER AND H~LEN---~= ---N~$~A~.--h~,.s._.Wi~e- - - TWENTY-THOUSAND AND N0~100--_-----_---------------------------------.-_-----DOUARS. at --------er wch other place as tiro holder j hereof stay nah in writiftE toyothar with intanst from ____date Of this note at rho rah of 0-._______ per conturn par annum oe the unpaid balance until maturity. The said prindpal and intanst shall bo dw and payable as follows: 1 $214.93 a month, the first payment being due one month from date of this note, and continue for each -nonth thereafter until paid. This sum of $214.9 paid each month shall first be credited to interest and the remainder to the ti principal of this obligation. This note may be prepaid at any time without penalty. N rsfaYM tw wars ter 10 raps iw tAa papwsawt wf sae iwstaNwrswt el priwcipal ter iwhrsst wr awe pstt 1Mrasf, Mw wMla ww draw rarwaiwiwa Yapair wide iw/aessf sAsN at Aslrsrs wprisw bacsssa dw awe papalrls wi1MM wstics. iailYn N aasrciss setA sptisw slraN wN cswstitvh 3 waiver trf tAs rialrt N sasrclss 11» saews i• Itts svswt sf sYhas~wswt rsfaYM. After wialwitp (+a11r priwcipal awe accrwr iwtarast slraN !rave iwNrsst of . par cMtww ~ par trwwYer uwlil pair. iAs wukars awe Nrartaef d !Iris wsN lsetlrar wares raruawr, wstics of wwrpapwsawt awe prstast. M Nris MN is was psis N wratwifp awe Mrs sae b plscsr with aw slNrwap far ailaNisw, tM waken a.r swrenan Mnaf agrss to pap aN c.sta of altactisw, iwdYriw~ .N c.Yrt ~ , cosh aver esaaswaMa atNnsp lass. ~ - - x _lr ~ti.._~--- ~~,_6~sr - - - - (sue) ti x _ ~4 - - ---(SEAL) Attosf: ---p-'~ A. NEBER - - - - - - - (SEAL) i~i~ififi~~'fiJfr~r~i~~i~i'i~i~l~i~i~i~r~i~i~i~i~i~i~i~i~i~i~i~ifi~i~i~i~i~i~i~i~?~ifi~i~~~i~i~r~i~i~i~i~iri~iri r~i~i~i~i~i~i~i~i~i~i~iriri~i~i~i~i~i~i~i~i~i~i~i~i~i~i~i~i~i~i~i~ifi~^ and shall duly, promptly and [ally perform, discharge, exreret~, eftrr•t. conrplett•, comply with and abide by each and every the stipulations, agreements, condetiures and covenants of said prumrss•~ry note and of this mortgage. then this moriRage and the estate hereby created shall cease and be null aria t•nr~l. It es understood that each of the words. "note," "mortgagor' and "mortgagee" respectively and the peon- ouns referring thereto; whether in the singular or plural anywhere in flits mortgage, shall be singular It one only i and shall be plural jointly and severally, it more than one, and shall be masculine, feminine and!or neuter, whe~- ever the context w impLea or admits. Md aatd )?tortgagor for himself and his heir, legal representatives, successors and assigtu, hereby coven- ants ano agrees to and with said Mortgagee. his legal reprcsentatrves, successsoro and assigns: 1. To pay all and singular the principal and interest and the various and sundry sums of money payable by III', virtue of said prorrussory note. and this mortgage, each and every, promptly on the days rcspecLvely the same i severally become due. E 2. To pay all and singular the taxes, assessments, levees, liabilities, obligations and Incumbrances of every nature and kind now on said described properly, andror that her~atter may be imposed. suffered, placed. leered or assessed thereupon, andior that hereafter may br levied or asar•ssed upon this mortgage snrl'or the indebted- ness secured hereby, each and every, when due and payable according to law, trefore they become delinquent, and before any enlerest attaches or any penalty es uicurrrd; xnd in so tar as any thereof is of record the same shall be promptly satisfied and discharged of record and the ongenal official document !such as, for iriatance, ;he tax receipt or the.satistaction paper officially emlorsed or certihPdr shall be placed In the hands of said Mortgagee within ten days next alter payment; and in the event that any thereof is not ate paid, satisfied and discharged, said Mortgagee may at any Ume pay the same or env part thereof without waning or affecting any optebn, lien, equity or right under nr by virtues of this mortgage, and the full amount of each and every such payment shall be immediately due and l~aynbte and shall bear interest from the date thereof until paid at the rate of ten per cPnturn per annum and together with such interest shall be secured by the lien of this mortgage. - 3. To place and continuously keep on the builriings now or hereafter situate on said land [Ire and windstorm Insurance in the usual .tandard policy form. in • sum riot less than i Maximum In such com- pany or comp' a:rs as may be npprm•ed-by caul 1?tortgag.•e: amt all Such insurance pebcies on any of stud build- ings, any interest therein or part thereof, in the aggregate sum aforesaid or in excess thereof, shall contain the usual standard mortgagee clause making the Ir.~1 ur.r[r•r said policies, each and every, payable to said Mortgs- Ree as his interest may appear, and each and n•~ry ern h policy .hall he promptly delivered to and held by said - I?(ortgagee: and, not leis than ten days in adt•anre of the expiration of each policy, to deliver to said Mortgages a renewal thereof. together with a receept for the premnim of .nrA renewal: and there shall be no such insur- ance placed on am o[ paid bmldings. any interest therein or part lhereot, unless in the form and with the loss payable as aforesaid: and in the event tiny sum of money becomes payable under such policy or policies said Mortgagee shall have the option to receive and apply the .amt nn account of the tndebt..dneas secured hereby or to permit said ~inrtgagor to receive and use it or any part thereof for other purposes without thereby waiving ~ or impairing any equity. lien er right under or by virtue of this mortgage: and in the event said Mortgagor shall for any rens~:t tall to keep the said prenti~es sri inured. or tai! to deliver promptly any of said policies of insurance to said I?tortgaRee, or fail promptly to pay fully any premium therefor, or in any rdpect tall to per- form. discharge, execute, effect, complete, comply with and abide by this covenant, or any part hereof, said )rtortg- aRee may place and pay for such insurance or any part lhereot 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 payment shat! be immediately due and payable and shall bear interest from the date thereof until paid at ?he rate of ten per centum per annum and together with such Interest shall be secured by the lien of thle mortgage. 4. To permit, commit or stiffer no waste, impairment or deterioration of said property- or any part lhereot. 6. To pay all and singular the costs, charges and expenses, including reasonable lawyer's tees and cost of abstracts of title, incurred or paid at any time by utd Mortgagee because andfor 1n the event of the tallun on the part of the said >rtortgagor to duly, promptly and fully perform, dtacharRe, execute, effect. complete. ; comply with and abfde by each and every the attpulattona, aareemcnts, conditions and covenanb of said promla- gory note, and this mortgage, any or either, and Bald costa, charges and expetues, each and every. shall be Im- mediately due and payable, whether or not there be notice, demand, attempt to collect or salt pending' and the full amount of each and every wch payment shall bear interest tram tM data tbereot uaW paid at the rite of ten par centum per antrum; and all pfd coeU, charges sad attpensw eo Incurred or pals, together ttrlth aucb fa- t tercet. shaA be secured by the Ilan of flits mortga~. ~ - , B~~K 3~'9 PA~E15f 4