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i0R VALU~ ~[CEIVtO. tM ~ .~istir ~~ ~ev~NN~r. ~~OMIS~ TO -AY h M~ wM~ d
JOHN J._ FON and _ KAR N_ C_. F'ON~husband _ and wi fe,
---- --- - - - --
TWENTY-FIVE THOUSAND AND NO/100---------------------------- _~u~~
.r 1..4 Frederick Dr . ~ Poua~~~g , Ne~__y~g ~2ba3 ~, ~, ~ ~ N ~ ~N
A~~Nf ~~ ~ea~w~h iw .reiti~~. f~~A~~ ~.Nh ietaat fn~ ~~N ~1 t1H NN d 12 ~ sMfr~ ~ w~~ M 11» wyd~
wl~~c~ ~~fil w~t~-ihr. TA~ Ni~ NiwciM~ •e~ i~Nn~f ~MN M ~w ~d MI~M~ in .equal monthly
instal ents of $282.99, the first of which shall be due and payable on
the day of ~,~,Q~jAR~ , 19~, and e~ch succeeding installment
of which shall be due and ~ayable on the Z- day of each and every
month thereafter until fully paid. This note may be prepaid in whole
or in part at any time prior to maturity without penalty.
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/_s/ Peter Hildebrand
Peter Hildebrand
~sL_ AncLela _ Hildebrand
Angela Hildebrand
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wnd ahall duly, promptly and fully pertorm, dia~harge, execute, ef[ect, comptet~, ~omply w~th and abide by each
and everp the st~pulations, agreementa, condit~on~ nnd covenants of said prom:siory note and of thia mortgage.
then thls mortgage and the estate herebp created shall ceaae and be null and ~•oid.
It is understood that each ot the word~. "note," "mortgagoY' and "mortgagee" re~pectively and the oron-
oun~ teterring thereto, whether in the singulnr or plural anywhere in thls mortgage, ahall be aingular if oi~e only
and shall be plurnl jointly and severally. !t more thar~ one, and shall be ma~culine. [em~nine and/or neuter, wher-
ever the context eo impliea or admit~.
And said Mortgagor tor hlmself and hi~ heits, legal representatives, aucce~ors and asafg~u, hereby covea-
ants ana agree~ to and with said 1-iortgagee, hia lrgal reptesentative~, successore and aasigna:
1. To pay sll and singula~ the principal nnd Intere~t and Lhe variow and sundry suma ot money p~yable by
vlrtue ot.sald promissory note, and thii mortgage, each and every. promptly on the daya respectively th~ iam~
eeverally become due. . -
2. To pay all and ~ingular the ts~xea, as~easmenta, leviea, IfaLili?ies, obllRationa and lncumbrances o[ every
nature and kind now on eaid descnbed property, and ~or thnt herea[ter may be impo~ed, auttered, placed, levied
or aseesaed thereupon, and/or thstt hereatter mxy be lrvied or asses.~ed upon this mortgage and;or the indebted-
neas secured hereby, each aad eeery, when due and payable accorci~ng to law, before they become delinquent„
and betore any interest attaches or any penalty is incurreci; and in so far a~ any thereot ~~ of recotd the ~am~
ahall be promptly satisfied and discharged of rpcord and the on~nal ofhcial document lauch aa, for instance,
the tax receipt or the satiafaction paper oiticially en~iorsed or certitied! shall be placed In the hand~ ot safd
11Sortgagee v~~thin ten days next atter ~,ayrr.ent; and in the event thnt any thereot is not so paid, satisfied and
dlscharged, said 1liortgagee may at any time pay the same or any part thereof v~~thout wai~~ng or atfecting
any optibn, llen, equity or r~ght under or by ~~irtue o[ thi9 mortgage, and the full amount ot each and every
auch payment shall be immediately due nnd payable an~i ~haU bear intere~t Irom the date thereot until paid
at the rate ot ten per centurn per annum and together with such interest ahali be ~ecured by the lien of thia
mortgage.
3: To place and continuously keep on the bwldinKa now or hereafter sltuate on said land flre and wlndstoral
full_insurab ~ount
Insurance in the usual standard policy forr.~; in a sum not less than t---- --------- - -.- -..~~.._........., Tn such com-
pany or comp^aics as may be appro~•ed by said bior:~a~ce; and ell such in~urance policiea on any of said Duild-
ings, any intereat therem or part thereof, in the aRgre~:ate aum afonsaid or in exceaa thereof, ~hall contafn the
usual standard moriRaqee clause making the los.~ ur.der ~xid policiea, each and every, payable to asid Mortgar
gee as his interest may appear, and each ar.d e~•ery surh policy ahal) be promptly deli~ered to and held by eaid
I-Sortgagee; and, not less than ten day~ in advance of the expiration ol each pollcy, to deliver to snld Mortgagee
a renewal thereoi. toqether with a receipt [or the premium of Al1Ch ren.wal: and there .~hall be no such in~ur-
ance placed on any o[ said buildfnR~, any ~ntereat therein or part thereot, unlese in the form and wlth the lost
payable aa atoresald; and in the eeent any aum of mnney becomea payable under such pollcy or pulicie~ aaid
MortRagee shall ha~•e ihe option to receive and apply the same on account of the fndebtedne~ aecured hereby or
to perrnit said MortRaRor to recelve and use it or any pnrt thereof for other purpo~e~ without thereby waivtng
or impalring any equity, lien or riKht under or by virtue ot Lhi~ mortgage; and in the event said ~tortgagor shall
for any reaso~ tail to keep the satd pr~mi~e~ so InQur~d, or fail to dellver promptly any of said policiea o!
insurance to said 1ltortqaqee, or fall promptly to pay fulty any premium thenfor, or in any respect. fall to per-
torm, discharRe, execute, ettect, complete, comply with and abide by this covenant, or any part hereot, said Mortg-
agep may place and pay tor si~ch inaurance or any part t6ercot without walving or affecting any option, .lien,
equity or right under or bV virtue of this mortgage, and the full amount of each and every such payment ahaII
be fmmedlately due and payable and shall bear int~rest trom the date thereof unttl paid at the rate ot ten per
centum per annum and together wlth auch tnterest ahall be secured by ihe Uen of thfi mortgaqe.
4. To permit, commit or ~ufter no wa~te, Impairment or detertontton ot sald pmperty or any part thereot.
6. To paq all and eingulu the costs, charges and expenaes, including nasonable lawyer'~ fces and cost ot
ahstracts ot title, fncurred or pnld at any tlme by sald Mortgagee because snd/or 1n the evcnt ot the tdlur~
on the part ot the ufd Mortgsgor to duly, promptly and [ully peKorm. dLcharge, execute, effect, complets.
comply with and abide by each and every the atlpulatlons, agreements, condif3ons aad covenanL of asid promfa-
~ory note, and thfs mortgage, any or efther, and aald co~ts, charga anA sxpensea, each and every. shall M lm-
medlately due and paysble, whether or not thero be nottce, demand, attempt to colkct or suft pending• and th~
iW! amount ot each and every ~uch paymerft ehall bear fnterest twm ths dab thsnot untll pafd at the nte ot
ten per centum per annum• and ~ll iafd costi, chargea ~nA ucpen~e~ w lncuned or patd, to~ether wlth ~ucb fn-
ters~t, ~hall b~ ~ecvred Dy the lfen of thii mortgags. .
BOOK J`tU P~GE ~9~~