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Home My WebLink About0146 ~ . - s~~, .~rw~ _ -t .K . • - - - - - ~ _ _ _ . ~ _ _ _ _ - - - • ---.rww:?~.~?iSiiL s~tivSi~S~~rL~a~4rxs~~Lrrar~a~~~~~ra~~ir~~~~r~r+S?S?S?4~si~r~i~~~~L~i ~.~.aon._oo.~.__ _ l o Na ~ 19 8a t tI.~LL'~ I:ELtIYi:D, fife undef•slpned, jointly and severally, PROMISE TO PAY to the order of ' ~'~'"LYI~ ST~CIiRTST _ _ _ ` 'Li~'TR~•'i~l_ THOUSAND end nc~/lU0---_------..-_-------_------.------------_ . ---------DOLLARS, 1G ~1"cit? t •R.1_ Driveli~in~mill__ Vill.,_,J_t,~nSeli_Fie:iGh,rL 3.3457 or such othitr place as the holder :.cf r~:ay c:~a-rats in writin0 tcpalher with interest from ~at~. stlOwn aboue _ k • r .a ca _10_v__ par centum par annum on the unpaid balance until maturity. The said principal and interest shall 4 ~ 1:d i~Y_'a'a as follows: ~ ` .;1~8. 23 a month, the first pay!lleilt b`in ue one month from the date shown ~l~o~.•;.~, and continue for each month th ea ter unti~L paid in full. h LUMP 1'rlti'.~f'~IT OF' $5, 000.00 WILL BFr~UE ND •AYABLL ONE YrAR FRO'+~! DATE OF ~.:~.0~~'•:,' (~c3~r~^:acx 15, 1981) . Them f $ 98.23 paid each month shall '~•irsi: i_ = credited to inters is nd .the remainder to the. principal of this i_ _t<Jc:L1Ult. rh~f.[S NOTE MAY PRF•.PAID A~ ANY TIME FITTHOliT PENALTY. 4 i! c'.'s•'r nzfs far _.~5. dare ie the partttant of any imfallretant of principal or inta»tt or any pan thane/, the whole sum thou »mainina _ i..C::::: a t:ol~aPa ept:ae bacoras dw and payable wahout notiq. Faily» to oxucito such option shall not conttituy a~wahn? of fife i c a::`a t' s car.u is t4~ oraet a} tubagvant datault. After mat~riq both principal and ucruad ieb»tt shall bsu inbml s1 1 ~ o per unto:w rc.: a ~:.::i F:.:~. T;» irakars sad ondona» of this nab tvrthar waive demand, netica of non~aymant and probtt. If this nob i• not paid H ;nf t:.a u:wa is p'acad with M atrorwar for collactioe, the wuka» and ondenora haraot apraa to par all costs of colbctioe, inchdiwa all coon a`d r""xat'~'"'""r f"a' THIS IS A BALLOON NOTE and the entire rincipal and ntzresL owing • shall be due and payable q~ti the 6 h pa ant. ~ R • ~ltface !?i. Sulliv i1 (SEAL) r~..d._ ~o . ~ , ~ ' ~ (SEAL) ~ r ~ S?-~- ~ - _ (SEAL) '-~~''f rF: ! ?IIf II d'f If' ffI~IIII /f?I? ~ III III .•II III ~IIIII ~ ~ I I ? I1I II • I/II f IIII ? III -:ii;il~frTi~i~4~i~?r•iv~4~~~~?iis•~`i~~i4~~.iii..~.•.~~.~~b?~.~i?.?..~.a~.ai~~.....~.~~~i~~~.~~a~aa~i~-~~~ and shall duly, promptly and fully pertonn, discharKe, execute, effect, c,mplete, ••omply with and abide Dy each and evert the st:pu:acions, agreements, condttu,as and covenants ui s:ud l•n,:n,ss•,ry note and of thrs mortgage. Uten this mnrtKage and the estate hereby created shall cease and be null anu raid. It. is understood that each o[ the word+. "note." "morti;agor" and "mortR:cl;ee" respectively and the pron- ouns ~refernng thereto, whether in the singuar or , local antvehere in this mnrLFaRe, shall be singular if one oNy and shall be plural jointly and severally, it mun• than one, and shall be rnavculine; feminine and'or neuter, wher- errr the context so implies or admits. And said Mortgagor for himself and his heirs, Iebal representntn-es, successors and assigns, hereby coven- ants and agrees to and with said 1?tortgagee, his toga! representatives, succ~•svors and assigns: 1. To pay all and singular the principal and interest and the various and sundry sums of money payable by virtue of said promissory note, and this mortgage, each and every, promptly on the days respectively the same severally become due. 2. To pay all and singular the taxea: asse~~ments, levies, ?abihties, obLf;at?ons scut in• umbrances of every nature and kind now on said descnbed property, and or that hereafter may be imposed, suffered, placed, levied E or assessed thereupon, and,"or that hereafter may br 1.•v:ed -,r assessed upon Lha mortgaKe and or the indebted- ness secured hereby, each and every, when due ar;d p:cyable according; t+~ taw, t,.•fure they become delinquent, and before any interest attaches or any penalty is u~currrd; and in so tar as and thereof is o[ record the same shall be promptly satisfied and discharged of record and the ong;inal oftictxl document {such as, for instance, ~ the tax receipt er the satis[a: t:on paper officially en=Inr:x~d or certiftedi shall be {,laced fn the hands of said Mortg;aRee within ten days next after pay~ricnt: and to the event that any thereo! is no[ so paid, satisfied and discharged, said .Mortg;agee may at any time pay the same er any part thereof without wa:itint; or affecting any ophbn. lien, equity or ng;ht un=i~r or b>• rirta~ of the rnortFag;r, and the fu!! amount of each and very such payment shall be immediately due and ray:,h:e and steal! hear interns; f: om the daat thereof until paid s at the rate of ten per centum per annum and t+~g;eth+•r w•rih such interest shall he secured by the lien of this mortgage. 3. To place and continuously keep on the bu::dines now or hereafter situate on said land fire and windstorm insurance to the usual st;tndard p"het form, in a gum n+~t less than S - - . in such com- pany or comp- ais as may h~ appn•ved bt sa:•1 11urt~a:r•"e: ar.•i all such insurim•e policies on any of said bmld- ings, any interest therein or part thereof, in the a~~n•g!ate sum afore±aid or to excess thereof, shall contain the usual stamiard mnrt~ag;ee clause making; the L:<s urd~•r s:ud polu•:es, each and every, payable to said Dfortga- Ree as his inter+~s; may appear, an•i Bach and er,•ry sce• h praict shall be promptly delwered to and held by said hlortgaQee; and, not Ie~s than ten davs in ad:anre •~f the expirit+nn of each poL•••y. to deliver to said Mortgagee a rene•.ral thereof, together Kith a receipt f„r the premnim -=f am•h r~n•wal: an~1 there shall be no such insnr- ante placed on any of said building; s, any interest therein or part then•of. unless in the form and with the Inss pacahle as aforesaid: and in the event any sum ~f rn•,r.~ y becomes payable under such policy or policies said Morii;ag;eo shall have the opti+,n to recen•e and al.plr• tt:e sam+• on account of the indebtedness secured hereby or to permit sa,d ~Tortga~or to receive and n=e it or any part thereof for other purposes without thereby waiving or impairing ant equity. lien or r.>;ht under or by virtue of this mortgaKe; and in the event said Mortgagor shall for ant reasrn fail to keep the said pr•~mis••~ so in~umd, or fail to deliver promptly ant of said policies of ' insurance to said DlnrtgaRF•e, or fail promptly to pat fully any premium therefor, or ir, any respect fail to per- form. discharge, execute, effect, complete, compyy «~th and abide by this rnvenant, or any part hereof, said 1ltortg- ages may place and pat for such insurance or any part thereof without waiving ar affecting any option, hen, t equity or right under or bt virtue of this mortgage. anal the full aolount of each and every such payment shall be immediately due and patable and shall bear mt~rest from the date thereof until paid at the rate of ten per centum per annum and together with such Interest shall be secured by the lien o[ this mortgage. , 4. To permit, commit or softer no ~ca_ste, :n:pairment or deterioration of said property or any part thereof. 6. To pay aU and singular the costs. charges and expenses, including reasonable Isayer's tees and cost of abstracts of title, incurred or paid at any time by Bald 1?tortgegee because and~or in the event of the failure on the part of the said btortRag;or to duly, promptly and fully perform, discharge, execute, effect, complete. comply with and abide by each and every the stipulations, agreements. conditions and covenants of said pmmis- sory note, and this mortgage, any or either, and said costs, charges and expenses, each and every, shall be Im- mediately due and payablt, whether or not there be notice, demand, attempt to collect or suit pending: and the ~ hill 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 Bald costa, charges and expenses so incurred or paid. together with ouch in- tercet, shall be secured by the lien of this mortgage. g~)~K343 ~~~E 14fi - L _ ~ _ _