HomeMy WebLinkAbout1595 ~0 IIAY~ ~ ~ ZW~d the same, together with th• tenements. hereditaments and appurte-
nances thereto belonging, and the rents, issues and profits thereof. unto the mo?lgngee, in fee simple.
the mortgagor covenants with the mortgagee that the mortgagor is indefeasibly seized of said
land in fee simple; that the mortgagor has good right and lawful authority to convey said land as afore-
said: that the mortgagor will make :uch further asatuances to perfect the jes simple„title to said Land in: the
mortgagee as ntny reasonably be required; that the mortgagor heroby fully warrotrtts the tttb to said land
and will defend the same against the lawful claims of all psnons whomsoever: and shat said land is free
and clear of allencumbrances
~~OUtded ~W~UJS, thnt ij said mortgagor shall pay unto said mortgages the certain prom4-
i sory note he?etnaJter substpntially copied or identified, to-wit:
I
it
i
s 32, 000.00 ~ / ~s ga .1
FOR VALUE RECEIVED, the unde?siyned, jointly and tevsrally. PROMISE TO PAY to tM order of -er0 V Felten
j and Mary J. Felten
pOLLARS,
at ~ or futh otMr place as the holder
hereof may ditsiynate in writing, toysther with interest Ir date at the rate of ~_per txntum pN annum on the unpaid bslanie until maturity,
The saidprincipslandinterestsha116eduesndpavsMe in 144 monthly installments of $420.30 each; _
first payment due June 15, 1980 and subsequent payments due. the 15th
of each month thereafter until-fully paid.
Prepayment may be made at anytime without penalty.
t1 OefatNt D! matl! for .,_..~y_.tlays in the payment of any instatlmenl Of principal or interest or any part thertOf, the whole sum Ihsn ?emaining
unpaitl with interest Shall at holtllr'S OpUOn DttOm! tltl! antl payable WilhOUt nOUCe. Fad W! to !lily USE suth option Shalt nOt Con~si~~Mite a waiYlr of th!
,~giit ~o exeruse the Same m the even( of supsegixnt default. Alter matwity both pnnUpat ana atcr uetl mteiest shat) pear iMerlSt aC`L Or centum per
l annum un Ui paid. The makers arid entlorslrs Ot 1hiS note lwther waive tleman0, nOUCe of nOn•payment and Wotsst, tl Ihis not! is not pa+tl at mat unty
an0 the Sim! K Placid with an attOrhlY rOi Co+1lt:tiOn, the miktrS and ,ntl OiSerS hereo/ ag r!! t0 pay alt COStS 01 COIIKIiOn, InClUtlihq all COtirt COiti and
~kaSOgable iU0?D!y fits.
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