The URL can be used to link to this page

Home My WebLink About2107 b_20 ~ 000.00 STUART F ~ - . lorida- - 1980--- fOR VAWE RECEIVED, the undersigned, jointly and severally, PROMISE TO PAY to the order o - - - y __.CI.ARA~C~.~ITDLIDRL~F an un--remarried wdow,,__-_-_.__-______.~. _ _ Twenty Thousand . an~ _No~100-----------------_-- ar _1613_ Jones St w~_ Joliet~_ I1lnois~~60435--__- _.or such other place as the !'colder hereof may designate in writing, together with interest from date at the rate of - per centum per annum on the unpaid balance until maturity. The said principal and interest shall be due and payable ag follows: There shall be due and payable on or before one year from date hereof the total principal sum of $20,000.00 with no. interest. This note may be prepaid in whole or in part at any time without penalty. If d.lwlt b. n.ade foe ~1r-~._-- days fn +h. wya,.nt of any ierstal4nant at vrineipal a irMeeeel n. eery oast N+a?wf: th• whets sues seew weNiwilla unpaid with interne sMll at heldae's oepption beeony rlw and payabts without nrruce. Failwe a exercise sutA Deflect d+ap ear Ca~syJla a wNrer ai M +qha eo e>aereese the u+ns in N» avant of subup-ua?t default. After niatwily bath principal and atrawd inNrep shaft hear ineaeest a7 irG _ Oer cenwrw arreeeeee u~tii paid. tM nukes and endorsee of this nWe turdnr waive dsenand, noon of nonyayewent and txae». N this eats a .wr wi0 a watrrM awd t1r sews a~aesd with an atlornay for eotNer;on, qn tnakas and andorssra hsroof peso a Day au costs of ospaaion, ineM,dinp aR court tours attd tsasenabla _ If ony t is poid more thou 10 cloys oftsr due than, in oddition to sold poymeetf, tl+e eno4ee slap pey o uTE or S ' of ter r+oenas• a 65.00, vrhichsvss is less. This provisan shop not be consrrusa ro modify the derouM o. rhs mortal dos Deese ~,ouM. ~ R OORPORAThON . gy. ----------t~U Secretary - t5~ ~a-a.. and shall duly. promptly and fully perform, discharge, execute. effect, rnmplete, corrrply month sad abide b7 es+ti and every the stipulations. agreements, conditions and covenants of said promissory note and of this mortgaggl; then this mortgage and the estate hereby created shall cease and be null ana told. It is understood that garb of the words, ''note," "mortgagor'' and "mortgagee" respecL'vely sad the poroal- ouna referring theret0. whether in the aingnlar or plural anywhere in this mortgage, atoll be singular it ame Daly and shall be plural iointly and severally, if more than one, and shall tie masculine; feminine and,~or neuter, wl?er- ever We context so implies or admits. And said Mortgagor for himself and his heirs, legal representativea~ successors and r~~+oe•; tetchy rotten.. ants ana agrees to and with said Mortgagee, his legal representatives, successors and ensigns: 1. To pay all a~ singular the principal and interest and the various and sundry sums of money payable by vlrtt:e of said promissory note. and this mortgage, each and every, promptly on the days respectively flee soma severally become' due. Z. To pay all and singular the taxes, assessments, levies, liabilities, obligations and incumbranees oaT every nature and kind now-on said described property, andlor that hereafter may be imposed, antffererl, Flared. leti~ed or aaseased thereupon, and/or that hereafter may be levied or as.~ssed upon this mortgage aad:or the indebRed- ness secured hereby. each and every, when due and payable acrnMing to law, before they become delwquferZ, and before any interest attaches or arty penalty i9 incurred; and in so tar as any thereof is of record the same shall be promptly aatis[ied and discharged of record and the original official document (such as, for insta:iee, the tax receipt or the satisfaction paper officially en+torard or certi[iedl shall be placed In the bands of said Mortgagee within ten days next after payment: and in the event that any thereof is not so psid, satisfied sad discharged, said Mortgagee may at any time pay the same or any part thereof without waiting or a[fectirr~ any option, lien, equity or right under or by virtiln. of this mortgage, and the full amount of each and every such payment shall be immediately due and payable and shalt 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 1>)? the lira o! this mortgage. 3. To place and continuously keep on the buitdin>;s now or hereafter actuate on said land fire and wlndstora full insurable value- insurance in the usual standard policy form, in a +um not less than i-_.-.--------•-••- - in sndt tom- pony or comp^nies as may be approved by swirl I?tnrt;,•a~+•e: an~f all Ouch insurance policies a'i any of Said touik3- ings, any interest therein or part thereof, in the n~~ngate sum a[ornaaid or in excess thereof, shall contain the usual standard mortgagee clause making tl:e 1+,~s urri~r s.-iid policies, each and every, payable to said luortga. gee as his interest may appear, and each ar;rl eve: y srr+-h policy shall be promptly delivered to and held by said Mortgagee; and, not Less than ten days in adtanre of the expiration of each policy, to deliver- to said )I.itntgagee a renewal thereof, together with a receipt for the premium of renr•h rt•newal: ind tht're shalt bC no such insur- ance placed on any o[ said buildings. any interest therein or part thereof, unlevs in the form and with the loss payable as aforesaid; and in the event any sum of money becomes payable under such policy or policie;+ said Mortgagee shall have the option to receive and apply the same nn arcount.of ihr. indebtedness secured hereby or to permit said ~tortgaFur to receive and use it or any pxri thercnf for other purposes v~ithout thereby wailing or impairing any equity, lien or right under or by virtue o[ this mortgage; and in the evert said aiortbagctr shaD for any reason [ail to keep the said pr?ni;cis so in~iir~d, or tail to deliver promptly ant of said policies oil tnsuranc~ to said 1?iortgagee, or fail promptly to pa}• fully any premium therefor, or in any respect fail in per- form, discharge, exeett;e, effect, complete, comply with and abide by this covenant, or any part hereof, said 1Sor:g- agee may place and pay for such insurance or any part thereof without xaiving or affecting any option. ]ie•sr, equity or right under or by virtue u: this mortgage, and the full agtiorint of each and ever' such payment shall be immediately due and payable and shall bear intPre~t from the date thereof until paid at t'ee rate of ten err centum per annum Rnd together with .uch Interest shall be secured by the lien of this mortgage. To permit, commit or softer no waste, impairment or deterioration of sold property or any part thereof 6. To pay all and singular the costs, charges and expenses, including reasonable law'yer's fees and cast o?. abstracts of title, tncurrctil or paid at any time by said 1?torigagce because snd~or In the ergot ctt the faitnr+e on the part o[ the said 1lfortgagar to duty, promptly and [ufly perform, discharge, execute, effect, completq conipty with and abide by each and every the stipulations, agreements, conditions and cove-Hants of Bard promis- sory note, and this mortgage, any or either, and laid coats, charges and expenses, each and even, ahali be Im- mediately due and payRbte, v~hrther or not there be nottct•, demand. attempt to cofiect or suit pending: and the full amount of eRCh and every such pR}•rnent shRll tear rntereat from the date thereof untU paid ai the! rate of ten per centum per annum: and alt aRtd cents, charges and a:peaces so Incurred or paid, together with sorb tn- teres2, shall be secured by the Ilea of this mortgage. - _ - ~p~ -