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Home My WebLink About0786 .~?Ar4~.R.~.•..Vbs.1vw.R.?••.•••/~i~i~J.~.R.~i•.?.•••.••~i••t.•.• • r'~''IS+'14 Wi R FOR VALU! pC~V~ Md~d. ~ailtMy and aovoraiI~, f1RONUfi TO pAY to the order of - _ _ . BILLY--J,,-.-SAI and B~RHARA J-,.- SAi,YLR-.- hi$,.wife,~-.-_- . - . ~ NINETEEN THOUS~IND -and no/100----------- ~ ~ ~ R • OOLURt, t at - - - - - a sud+ othor placo as tho balder 1 henoi may ~ M writing toUothar with intna iron, date. shown above ti et tho rate of 3$ par caMum par annum on tho unpaid balance atoll maturity. Tho said prindpal and inMrest shall be duo and payable as follows: $283.70 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 $283.70 paid each month shall first be credited to interest and the remainder to the principal of this obligation. THIS NOTE MAY BE FREPAID AT 11NY TIME WITHOUT PENALTY. 1 N ddafiN ba wade t•f 10 dart .w ltfa pr•wwt a/ My inslaMfwaw/ d y MA 11».••1. 1Ga f•If•1a s•w 1lfaff erw•iwiwa ~ ve a:d wi1A ufl•NN ~1?aN N ifalda.'f pifti~al N iMaf•N « M t ~ ? a1rMw tfafanfa dw and ~ara~la •n1bW Mhp. railwa N •raKia• sects MNM ~Aafl Mt cMtlilffN • f•ai+•. 11fa ~ .~qAf h aa•rswa fM taws iw /1N •wM d ~fr?Ngww1 ~/wh A//•, IIfNNfNr 11NM p~weiaal awd atarwd lslaf•N +AaN tfaaf iwheNt N 13$ Mr tMh?aw P~f aMM1 Mh1 rMd. TAa w1a`Mf Md MdafNf/ ai Ibis wa/a 1Yf111a/ Wair• dawMd, MhN 11M~arINw1 awd ~fNN1 N 11Na MN M •af laid N ~t .wlfY/ify Md f1N {aww is ~laaad W.f~ M an..«y /M taYap.M 11fa wy`w/f awd Mdanafa bfa•I ~ hl 'ar aN leas ~ s•11ac1iM, iwsbdw~ all ta~rM aefM awd hNMaNa at1•fMr has ~ ~ / 1 ~ ~ Pau~G~ ~ Ie - (SEAL) ~ 1 ' ~ Attof+t: - - - - - - - - (SEAM ~ S - ~ ~ fi ~ III • I I• I /III • I I? I I I I I I I I I I I• I• I I I I I I I I 1 1 1 I ~ I I I I I I I I I I I 1 I? I I I I I I I I I I I? • .-ri.•?•.••.I.•.4...r•...I.•?..••I.•i.•....•..I..•?...s•••....I•i/i..ri.•I.•..•.?I.•~ir•.'~/4~i~?I~iidI•y~j~~i and shall duly, promptly and fully perform, discharge, execute, effect, complete. comply with and sbide by each and every the atipulationa. agreements, conditions and covenants of said promissory note and of this mortgage. t then Uua mortgage and the estate hereby created shall cease and be null and vad. i 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 if one only and shall be plural jointly and severally, it 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, successors and assigns, hereby coven- ants ana agrees to and with said Hortgsgee, his legal representatives, successors and assigns: - i. To pay all and singular the principal and interest and the various and sundry sums of money payable b~- virtue of said promissory note. and this mortgage. each and every, promptly on the days respectively the same severally become due. i 2. To pay all and singular the taxes, assessments. levies, liabilities, obligations and incumbrances of every f nature and kind now on said described property, and/or that hereafter may be imposed, suffered, placed, levied it or assessed thereupon, and/or that hereafter may be levied or assessed upon this mortgage and/or the indebted- 1 Hess 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 es any thereof is of record the same shall be promptly satisfied and discharged o! record and the original official document (such as, for instance, the tax receipt or the satisfaction paper officially endorsed or certitiedi shall be placed in the hands of said Mortgagee within ten days next after payment; and in the event that any thereof is not ao paid, satisfied and discharged, said Mortgagee may at any time pay the same or any part thereof without wai~•ing 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 shall be immediately due and payable :1nd shall bear interns( 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. 3. To place and continuously keep on the buildings now or hereafter situate on said land fire and windstorm insurance in the usual standard policy form, in a sum not less than i- - in such com- ; pany or comp^nics as may be approved by said Mortgagee: and all such insurance policies on any of said build- logs, any interest therein or part thereof, in the aggregate sum aforesaid or in excess thereof. shall contain the usual standard mortgagee clause making the leas under said policies, each and every, payable to said Mortga- gee as his interest may appear, and each and every such policy shall be promptly delivered to and held by said , Mortgagee; and, not less than ten days in ad~•anre of the expiration of each policy, to deliver to acid Mortgagee a renewal thereof. together with a receipt for thr premium of aurh renewal: and there shall be no such insur- once placed on any of acid buildings, any interest therein or part thereof, unless in the form and with the load 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 indebtedness secured hereby or 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 [nil to keep the said promises so insumd. or tail to deliver promptly any of said policies of insurance to said 1?iortgaRee, or tail promptly to pny [Wily any premium therefor, or in any respect fall to per- form. discharge, execute, effect. complete, rnmply with and abide by this covenant. or any part hereof, said Mortg- agee may place and pay for such insurance or any part thereto without waiving or affecting any option, lien, equity or right under or by virtue of this mortgage, and the full arpoffnt of each and every such payment shall be immediately due and payable and shall bear interest from the date thereof unt11 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 deterlorsUon of sold property or any part thereof. 6. To pay W and singular the coots, charges and expenses, including reasonable lawyer's fees and cost of i1, abstracts of title, incurnd or paid at any time by Bald Mortgagee bccauae and/or In the event of the failure ? on the part of the said Mortgagor to duly, promptly and fully perform. discharge, execute, effect, complete, rnmply with and abide by each and every the stipulations, agreements, conditions and covenants of said promL- eory note, and this mortgage, any or either, and said trots, charges and expenses, each and every, shall bs lm- mediately due and payable, whether or not there be notice, demand, attempt to collect or suit pendtng• and the s full amount of each and every such payment shall bear interest from the date thereof until paid at the rate of ten per centum per annum- and all said costa, charges and expenses ao incurred or paid. together with such in• terest, shall be aecltred by the Ilea of this mortgage. 8334 PEE 786 : ~