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Home My WebLink About1833 r ~9R~6~irOs~i~V4wJIf/J•Mrri1/~~?.~~i?~.•~•.~iY/J~Si9~ ~''~~~~i~hyt, si~.~rzo~...o~..~._...._.. _ _ . - - - ~ /s » ~ POR VAL{li RECNV~p,1M . MlnMy and a•wraily, PROMISE TO pAY N tM ardor of - ~ HARQLD._.Q. 1~I~iQFL.and..llILDRED Ml~l)!IAOFF hie wife. ' SEVEN,TEBN.-Tg0uS11b1Q.~IX--NUNDRE~ ..and .no~~.~Il-_--- . . . at 61i. Maxk. CQUtt...hi8atbuxy.._ Nev1 Xork 1159-Q- w such othK plea •s 1h• held•r h•rae/ ~ + in w~ wHh Mf•rsf freln .date. Rho1~ri'1. shave. ~ ~ ~ 12~ ~ c•llttnn PK •latw~n on lh• unpaid b•laltcn until n+aWritr. Th• said principal and iM•t•sl shall ba dw aid payable as fothws: $252.52 a 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 $252.52 paid each month shall first be credited to interest and the remainder to the pri>cicipal of this obligation. This note may be prepaid at any time without penalty. This is a ten-year note. 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' - ---p- Barranger :4 ~ AM•M: (j ti • e • . - - - - - - - - - BarrffiIi~er ~i~~y/J4~Y4~?/i~M'~!~?l*i~i~i~ib~i~i~i~i~?i~i~/.~i~/.•.•rr.•.~.~.•.*.•.? •*•••a•.~rlr.~.~I.•A~~.•rr.•r.~v.•.4•.~i~i~/~i~r~I~1I/~~~i~R// and shall duly, promptly and fully perform. discharge, execute, effect, complete. wmply with and abide by each and every the stipulations, agreements,-conditions and covenants of said prum~ssory note and of this mortars. then this mortgage and the estate hereby created shall cease and be null and void. It is understood that each of the words. "note," "mortgagor" and "mortgagee" respectively and the pron- ouns referring thereto, whether in the singular or plural anywhere in this mortgage. shall be singular it one only and shall be plural jointly and severally, if more than one, and shall be masculine, feminine and/or neuter. wher- ever the context ao implies or admits. And said Mortgagor for himself and his heirs, legal representatives, successoro and assigns. hereby rnven- ants ana agrees to and with said Mortgagee, hie legal representatives, successors and assigns: 1. To pay all end singular the principal and interest and the various and sundry soma 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 sU and singular the taxes, assessments. levies, liabilities, obligations and incumbro.nces of every li nature and kind now on said described properly, 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 and/or the indebted- ness secured hereby. each and every, when due and payable according to law, before they become delinquent. and before any interest attaches or any penalty is incurred; and in so tar as any thereof is of record the same shall be promptly satisfied and discharged of record and the original official document (such as, for instance, the tax receipt or the satisfaction paper officially en~ioraed or certified) shall be placed in the hands of said Mortgagee within Len days next after payment; and in the event that any thereof is not so paid. satisfied and' discharged. acid I?iortgagee may at any time pay the same or any part thereof without wai~~ing or affecting any optibn, lien, equity or right under or b~ virtue of this mortgage, and the full . nmount of each and every ~ such payment shall be immediately due and payable and shall bear interest from the date thereof until paid at the rate of ten per centurn per annum and together with such interest shall be secured by the lien of this mortgage. S. To place and continuously keep on the buildin~a now or hereafter situate on said land fire and windstorm i insurance in the u.4ua1 standard policy form, in a sum not less than i---•-----•----•••-• In such cour- t pony or comp^nies as may be approved by swirl Morti;o~ce: and all such insurance policies on any of said build- ings. any interest therein or part thereof, in the aggregate sum aforesaid or in excess thereof, ahal] contain the usual standard mortgagee clause making the i~~ss under said policies, each and every, payable to said Mortga- gee as hie interest may appear, and each and every su~•h policy shall be promptly delivered to and held by said Mortgagee; and, not less than ten days in advance of the expiration of each policy, to deliver to said Mortgagee i a renewal thereof, together with a receipt for the premium of sitrh renewal• and there shall be no such insur- once placed on any of said buildings, any interest therein or part thereof, unless in the form and with the loan 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 on account of the fndebtedneas secured hereby or 1 to permit said Mortgagor to receive and use it or any part thereof for other purposes without thereby waiving [ or impairing any equity. lien or right under or by virtue of this mortgage; and in the event said Mortgagor shall for any reason tail to keep the said pr±mises so insumd, or fail to deliver promptly any of said policies of s insurance to said Mortgagee, or fail promptly to pay fully any premium therefor. or in any respect fall to per- ~ form. discharge, execute, effect. complete, comply with and abide by this covenant, or any part hereof, said Mortg• s ages 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 steal] ~ be Immediately due and payable end 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, impairment or deterioration of sold property or any part thereof. s 6. To pay al] and singular the cwta, charges and expenses, including reasonable ]awyer's tees and cast of abstracts of t1Ue, incurred or paid at any Ume by said Mortgagee because end/or >n the event of the failure on the part of the said Mortgagor to duly, promptly and fully perform. discharge, a:scuts, effect. complete, comply with and abide by eacA and every the stipulations, agreements, conditions and oovenanta of said promis- sory note, and this mortgage, any or either, and said costs, charges and expenses, each and every. shall bs im- mediately dos and payable. whether or not there be notice, demand, attempt to collect or suit pending; and the fall amount of each and every such payment shall bear interest from the date Wereof wail paid at the rate of ten per centum per annum• and all said costs. charges and expeassa so incurred or paid. together with auc6 tn- f terest, shall bs secured by the Ilea of this mortgage. ~ 6C0 PAGE~~