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Home My WebLink About0887 ~ii4 N/~~,,?,~~,,ifr114~iti~ ~i~4e FOR VALUE ElgMO, tha ~~~r, Nltt+ty arty at~ally, MtOMIfE TO pAY to tM «d~ ef... _ . . J+X~I?IlVA_T• - ---13 ....._..~OI1S~_.nnd_nc~104--.---------------------.-----------------t...!_ oOtLARf ~ N.W. Lakeside Trail Stu~r~,~.. P'l,.- ~~.42~... N tludt eNr« place as tin h~ld~r harwf M wrhino tsE.th.. wish lehnct tr«n date_ shown above - at tl» ralr ~ _ pK antust px anttute en tlt~ unpaid balant+ until tnattlrity. TM Bald principal aed inNnN •Itall be t!w tlatd paya~ as fnikwa: First annual payment og interest only in thc~ amount of 51,17.0:04 flue ~nr year from date shown above. Second annual payment of interest and principal in full. THIS NOTE MAY BF PREPAID AT ANY TIME WITHOUT PENALTY. M datailt M h. 15 dale iw tb. ppr.awt a/ .wy tauatiwaw~ ei ~riwci'al « iwNr.a My tam tMawr, d~. ew~Mt~1.~.vw ~w ..wuiwiw~ a eysN will iwtawst ti1?aN M MaiMs a/tMw Maw dw awd pratrM wilAwl wNia. isiiree N sa«sw ~ aplaw ~Aatl wN s 1 E+ ~raM~ tr tb ?ybt N wrslN /M ~w M tAe awM el saMa~ww1 da/wN. Artet w»wtft~ Mtli piweipai awd ~etrwd iwlseaM aMN Mar iwtarau N ~ eantwa Mr aat~ aaiNl 'std. ill twiara sad awdarsara d this nab twlMr wales dawrewd, walla d wawyapwiairr a+d twatad: M It+is wata a wN raN a1 a` w»liwt~ awd IAa tarwa M ~Iaa1 with ail athrwar 1'er aaMaHiari, twa w?an awd awdarwra Miaai gran h tt~ aN aaMs ar caNaaiM, iacAid;i~ ap satw~ catty awil r~weeNa aneraay bee. 11 hit "1'.' ~ K~?t) ti Attests ~ ~ - .~~1~~'«~ 1 (SEALI - -..r----------- - _ - - - - (SEAL) / i ~i a Yl ~i ~ ~i ~ 9 ~ i O ~ Yi 4 A ! i ~ R 4 a l ~ ~ ~i ~i ~ i a /P~ ? ~ Y~i 1 ~ i ai' i ~i ~ i a i ~ i ai ~a b ~ 7 ~i ~f /J 7 0 A A~ and shall duly, promptly and [ally perform, discharge, execute, effect, complete, comply with and abide by eaeL and every the stipulations, agreements, conditions and covenants of said promissory note and of thin mortgage. then this mortgage and the estate hereby created shall cease and be still and void. It is understood that each of the worts. "note," ''mortgagor" and "mortgagee" respectively and the pron. ouns referring thereto, whether in the aingulac or plural anywhere in lhls mortgage, shall be singular it one only and shall be plural jointly and severally, it more than one, and shall be inasculine, feminine and/or neuter. whey' ever the context so implies or admits. And said Mortgagor for himself and his heirs, legal representatives, successors and a~slgns, hereby coven. ants aria agrees to and with said Mortgagee. his legal representatives, successors and assigrta: 1. To pay all and singular the principal and- tntercat and the various and sundry sums of money payable b~ virtue of said promissory note. usd this mortgage, each and every. promptly on the days rcapecUvely the name severally become due. j 2. To pay all and singular the taxes, assesunenta, levies, liabilities, obligations and incumbrances of every ~ nature and kind now on said described property, 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 far as any thereof is of record the same ' f` shall be promptly satisfied and discharged of record and the original official document lauch as, for instance, ` :he tax receipt or the satisfaction paper officially endorsed or certified t 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 acme or any part thereof without waiaing or affecting any option, lien, equity or right under or b} virtue of this mortgage, and the full amount of each and every such payment shall be immediately Jue and payable and shall bear interest from the date thereof until paid. at the rate of ten per centttrn per annum and together with such interest shall be secured by the lien of this mortgage. - - S. To place and continuously keep on the buildings now or hereafter slttsate on acid land fire and windstorm Insurance in the usual standard policy form, in a sum not less than : fn such com- pany or comp^nica as may be approved by said Mortgagre; amt alt such Insurance policies on any of said bttild- i togs, any interest therein or part thereof, in the aRgreKate sum aforesaid or in excess thereof, ahaU contain the - usual standard mortgagee clattae making the luxe urd~r said policies, each and every, payable to said Mortga- gee as his interest may appear, and each and every sti~•h policy shall be promptly delivered to and held by said 1liortgagee• and, not less than ten days in ada•anre of the expiration of"each policy, to deliver to said Mortgagee a rcneaval thereof, together with a receipt for' the premium of s•ttrh renewal- and there shall be no such insur- ance placed on any of said buildings. any interest therein or part thereof, unless in the form and with the loss payable as aforesaid: and in the event any sum o[ 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 thereat for other purposes without thereby waiving or impairing any equity, Ilan or right under or by virtue of this mortgage; and in the event said Mortgagor shall for any reason tail to keep the said premiers so inqurnd; or tail to deliver promptly any oi' said policies of insurance to said Mortgagee, or fail promptly to pay folly any premium therefor, or in any respect fail to per- ~ form, discharge, execute, effect, complete, comply avith and abide by this rnvenant, or any part hereof. safd Mortg- agee may place and pay for ouch insurance or any part thereof without waiving or attesting any option, lien, ~ equity or right under or by virtue of this mortgage, and the tail amount of each and every such payment shall be Immediately due and payable and shall beer interest from the date thereof until paid at the rate of ten per centum per annum and together with ouch Interest shall be secured by the lien of this mortgage. ~ 4. To permit, commit or softer no waste, Impairment or deterloratton of said property or any part thereof. 6. To pay ail and singular the costs, charges and expenses, including reasonable lawyer's tees and cost of abstracts of title. Incurred or paid at any time by said Mortgagee because and/or In the event of the !allure on the pert of the said Mortgagor to duly, promptly and fully perform, discharge. esecute, effect, completq, comply with and abide by each and every the atlpulations, agreements, conditions and covenanb of said promis- sory note. and this mortgage. ary or either, and said costt~ charges asd expenses, each sad every. shall bs Im- mediately due and payable. whether or not them be noticr, demand attempt to co1kM or salt pending; and the ~ full amount of each and every such payment shall bear interest from the date tLereot unW paid at the rate of ten per centum per annum' and alt said coats, charges sad eapeases a incurred or paid. together with such tn- ~ forest, shall be secured by the Uea of this mortgage. 8~~~~ PIGS ~ - ~ s I