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Home My WebLink About0587 ±~lf 1... _ a v ' 1 _ 2.5000. August 1--- » ~ lIOR VAIW fIN NiMir alb sawrally,'ROMIfE TO SAY M /M s>rdas ~f-.~....._..-...-----•- . i AULINE ,SON TWE - U an no ~---------------------------------------pOLLARf _~~.~._._~'~ox`~ST;fenaen _Beac~;~~:or~~a 3~~~._.__ wew ~ , tIM halilar h,r..f h, r„r~ M~ ti~ _~~ate shown of ove a(r 11N eM~ s# pM pMw~ ~ aAnws ae Ilia ~P+w balawq wMil Tha said PeindMl ana HM~taM shah M dw aid ~arN as hNawss . 5358.68 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 o! $358.68 paid each month shall first be credited to interest and the remainder to the principal of this obligation. THIS NOTE M~?Y BE PREPAID AT ANY TIME WITHOUT PENALTY. - N blwh ttie iasds f« 3 0.. ~ i. dw f+el?~ of awp isn.~...r d ~sl « iRN~eN « Mr ~ Nasd. Mii wiieM swa N~...awN.iw~ wyai/ wM iMer«f d~M M 1»li/s MIMa Iwew dw ~ MriYb wilAaat ~Nia. iailwr h speeiN srd~ a/Nw ddl wM wsMr el 11N rislr M et»rsin i\e sw V tie seer of wM~~wM MfarM. Af br s?Maay iwti~ pieclNl a~ asw..~ IwNreM .war fr«. iMM«t u 1 ~ $ ~ aNwa p. wr• MW NY. ibe eWrrs a~ ~w/srwrs e1 Ittia eaq /+r1br wdw ~+d. waNa of eew~ra»wf Mi /etlMf. M /Mb wMa A rN pid N ~ ~«b ri i ssos N ~d w11tr • +~U far ss¦MSlsa, i ~s asd 1w+e/ •a~ M Mt? sN ~ et ~slMsllw~, Msls~ sM ~ r~ ~a~ UIMwp fMS. a ~ ~ ~ ~t ~ __-..~'Iein`ent a-- Jr - - lam) ...~sdu~ - 3~are-s°ft. -~Haagla~id - - ls~??1 '~i t. ~Y and shall duly. promptly and fully perform, discharge, execui~, effect, complete, comply with a~ abide by each and every the stipulations, agreements, conddions and covenants of said prom~saory note and of tdia mortgage. 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 1t 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 so implies or admits. And sold Mortgagor for himself and his heirs, legal repreaentativea, successors and assigns, hereby coven- ants ana agrees to and with said Mortgagee, his legal representatives, successors and assigns: 1. To pay all and singular the principal and interest and the various and sundry sums of money payable by virtue of Bald promissory note, and this mortgage, each and every, promptly on the days respectively the gams severally become due. 2. To pay all and singular the takes, assessments, levies, liabilities, obligations and incumbrancea of every ~ 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- Hess secured hereby, each and every, when due and payable according to law, before they become delinquent. and before any interest attaches or any .penally is incurred; and in so far as any thereof is o[ record the same shall be promptly satisfied and discharged of record and the original official document (such a.s, for Instance, the tax receipt or the satisfaction paper officially endorsed or certified I shall be placed fn the hands of said Mortgagee within ten days next after payment; and in the event that any thereof is not so paid, satisfied and discharged, said 1lfortgagee may at any time pay the same or any part thereof without wai~•ing or affecting E any option, lien, equity or right under or b~• virtue o[ this mortgage, and the full amount of each and every i 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 v~-ith 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 flee and windstorm insurance in the usual standard policy form, in a sum not less than s in such com- pony or comp^nics as may be approved by said INortl;ag~e; 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, shall contain the usual standard mortgagee clause making the I~~ss urd~r said policies, each and every, payable to said Mortga- gee as his interest may appear, and each and e~•ery su~•h 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 said Mortgagee a, renewal thereof, toldether with a receipt for the premium of .nrh renewal; and there shall be no such insur- goes placed on any of said buildings, any interest therein or part thereof, unle-vs in the form and with the loss 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 s 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 fail to keep the said premiers so insumd, or fail to dellver promptly any of said policies of ~ insurance to said Mortgagee, or fait promptly to pay hilly 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- 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 psyment shall `s be immediately due and payable and shall bear intorest 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. 4. To permit, commit or suffer no waste, impairment or deterioration of sold property or any part thereof. 6. To pay aU and singular the costs, charges and expenses, Including reasonable lawyer's fees and cost of abstracts of title, incurred or paid at any time by Bald Mortgagee because and/or in the event of the failure ~ a on the part of the said Mortgagor to duly, promptly and hilly perform, discharge, execute, effect, complete, comply with and abide by each and every the ,stipulations, agreements, conditions and covenants of said promis- } sory note, and this mortgage, any or either, and said costs, charges and expenses, each and every, shall bs !m- mediately due and payable, whether or not there be notice, demand, attempt to collect or salt pending: and the iWl amount of each and every such payment shall bear interest from the date thereof unt11 paid at the rate of terea~rahalU be secured Dy the 1 ea of thiacmortgag~es and expenses so incurred or paiQ together with such in- 6 r 6001Ieh~U PAGE e~ ~ f i ~.j.t 9 I I