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HomeMy WebLinkAbout1991 t jiRVe ~ ~ 1L~~~ f/re same, fogpf{rer with the fenemvnb. heredifamenls and appurfr- i~ nanct•s Ihe?efo lrPlongi+tg, ar~d the rent:, tasues and prolila lhereol. unto !hs mo?tgagee, in lee simple. _ ~ 1111~1~ the mortgagor covenants with the morfgogee that the moNgagor is indefeoaibly seised of said land in lee simple; flint the mortgagor has good rtgh! and lawful authority to convey said. land as ofon- said: Ihaf the mortgagor will make such /urfher asswnncea to perfect the lee simple title to said land to the mo?tgagee as may reasonably be required; that the mortgagor hereby lolly war?ants ilia title to said land and will defend the same agairut the Inwjul claims of all persona whomswuer; and that said land 4 /re+ and clear o/ all encumbrances i l s ~lrOUll~ ~IUlUJS, flint tf said mortgagor shall pay unto said mortgagee the certain promis- sory note hereinafter substantially copied or identified, to-wit: L 7, 000.00 ~ S, l ,~,,.1~._ . 10~8~ FoA VALUB AEtZIVED. the uode:d~aed, promise(s) Zo py, in lavbli smney of ehs United ab.cer of Aalerin, ~ ~ order ~ ROBERT BAKER and GERT_RUDE BAKER, his wife 3 3 3lJd the psiocipal sum ai_ SEVEN THOUSAND AND NO/100 ----------------------mLLAAS w?!e6 interest at ibs rats af_12__p~ oeot. per annum. ' ' The acid psiodpd and sban bs payabis in equal monthly installments of $150.00 each,- commencing on the 3T day of p , 19 80 an continuing on th day of eaci"m~onth therea er un i e principal and inte es are fully paid. DEFAULT: In clue saW iosbnmeab. oz any of them, are not paid witt,i.. 30 days after the ssume become doe, the wbok of said prlndpal sum sbsII fartbnlddi t~eoome doe and pa at the option of the bolder of this note. Defamed interest payments to bear interest from maturity oso<. per annum, payable seait- aanuaDy PALPAYhtl3Ti1T: The m.>wr shall have ilia optbn of maldns payment m in whole or in par wi ou pens y. Yaya~ents .ban be applied erst to fate<ent and b.lanoe to prlndpal, and interest ahan bs calatLted ao the batenoe remamma from flare bo time mrpaid. na...1..Y it bea~e a•~..rs la s~i..m. ~ alloAas. •M~r of as` .twf.~ ..ter, a~•b ar ..ea..at ea Si. ~n~, 1..b, yw r p ~ aarh aI rae~ oaYactla~ Ldaii~ • swa.a6ia aaoaa~a ba T4 drawn ati rdsatts araFra prwety~t i~ y~~ ~lM. pawl ri aoliaa aE pMUt ~ r-wstwt d ddb a~1~. ~ m d D~fta~t ~f ~otlota Wr~oL * including reasonable attorney's fees for representation in trial covert and RO RT A.. QR EBS ~ appellate court in the event appellate . - - proceedings are incident to the BARBARA GROOTERS collection. . . (Seas) iI! - - I BrfOX ~ PwE 1 -