HomeMy WebLinkAbout2310- i i~~I~I~I~1~1~I~i~~i~I~I~i~i~1~I~I~I~I~I~i .'~ . .~.~~ i~~ • • . • • • ~ •'I~.'. • • • .'. i i~. ~. i ~~I~~ . • . . . • . . ~'.~ ~~ • . • • ~ • . . •~~~I~I~ . i~i~~ i~1 i~11~I~I~`
: • 17 , 000 . 00 _ - ~ . . 19 81 ,~-
• FOR VAIUE RECEIVED, the unders~gned, joint~y and s~~veraliy, PROP.~15E TO PAY to the o~:1er oF ~;
' KF~1-V~TH FO~~T _acid JF A~ETTE I. F~CHT , h i s w i. f c~ ;:'
, S:V~:~T~~N :TNOI]S:1I~U ANU ,;0/lOt~-----------------------------------------oounRS, i
:,:, 1905 ~. Harbor. Pt. Rc~. . Cli,~ton, Ol~io 43!-S~ or such ofho~ P~,« a~ the hol4er Z
; tiareof may deugn~te in wntinc~ tog~ther with interest fro„i C~E f 3U Z C ti
at tha nte of__~~ per cAn!~in per ~nnum on the unpaid bala~ce until maiurity Tl~e sa~d pr~ncipal and ~nterp;~ shall ~:
t,e due and payable ss-fotfows:--- _ :`
• $1{3,(~JO.~~i~ on Apr-il I, 1981 :~
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~~!H Io ••atc~t• Ihe u.r• ~n Ih• av-o1 of +~buqwnt •leiaulr Alt~r maturity bo~A pnntipal •eJ acvu~d ud~.~ff ir.eTl b~ar in~orts! .
~:t /nnam ~ol~~ {•s.d TA• ~Ml~n •wd •n.lor•~r~ of th~t no~r ~or~Mr w~i~• dem.n} no/... .,~ non-p~Yr~a~t and pra:nf H th~ ~~fe .s no• r~:d •• ~
~.~~„hr a:~d ~A~ s~rne ~t pii:ed w~~ti •~ sl~o•nr~ fo. io;I.:t:~, ti• r~.o4e~f ~nd aedo~u~f hereoi •3r~r to pay .tl ~osb -~ col~tU.cn, int(.d.~,~ •11 tou:t ;.
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and shal! Aulp, rrom~tly and fully p~rforrn, disr har~e, ~ x~~-,ir~• .•tt.•, '~~~rupl~tr. ~•~.n:ply w~tA anA ab~de by each
and e~c~n• thr st~~,~:a;:.~r.,, agre~m~•uts. r„n~fitu.:;s :.c:~f •~~ti~•cu~n+. ". ..~.,1 ; r•r:..,r,r}• n~,t.• end ~~! this rtiorty;age,
eh~n th~9 m~~r;Kage and the es[a[e hereDy :rea!rd >h.-U cea~r xn-i t~r nul: an~~ :~~>!
It ~a under~i:~~J th3t each of the u~nrJ3 "nate "' n:~~rt~;:~~;~~r" prvl ' m~~rt~;:t~;~•e" n~sp~~ti~~ely and the prnn-
ouns r~ferring thereto, v~•hcther ir. thr s~n~~lar or , lur~! any~~hrn• ~n th;s u~~~r;~;:~~P, Y~1RII DP 9~n~,~ulat it ~~ne only
ar.~f ~ii.~ll be plurRl jointly and sevPrally, ~t mur~ than on~. nnil sh:-!1 :K• tn~i4rul~ne, f~mi::~nr tuid or n~uter, w•her-
e~•rr the c~n,ext so implies or adm~is.
An i~aid 1-tor[gagnr tor tam~elf And his heirn, IFRaI r~presentwtn~~s, vurcevvors end a99~gru, hereDy coven-
snt~ ana agrces to and v--ith 9a~d 1lfortgagee, h~s IFgai reprrventatn'~v, ~~s~ ~'~•95Uf9 Afl1I A991~,719:
5 To pay all nnd singular the pnnc~~.a! nnd ~nterPSt and the vanous ar.d sun~lry 911ff19 of mon~y payaDlP Dy
v~rtue of aaid promu~ory note, and Uu~ mortgaqe, each and e~~Pry, ~romptly ~~n the dx}s resperuvrly the same
~e~-er:i'.!y become due.
2. To pay all and ainRular the taxes, asses~m~~nt~, 1~~•~~•Y. Lahilit:~~, ut~l~~:xt~~+nv ~n~f tm umbranre+ of e~•ery
natur~• ar.J k~nA mv.~• un said aea~~~nP~ propPrly, en~1 ~~r that ~1C'r~f:,•r :~:ay t,P ITri~(19P:~. 9UTSf~P~1, p1a~Fd. Ir~~~Pd
ur asscssPd thereupon, and or [hat hereefter m.fy Dr 1.•~~ r,l nr R-w•~v~•~1 up~:n th:~ m~~rt~;:~~;e an~} nr th~ :ndPbted-
n~•ss ~rrured h~,r~D~•, carh and et~er:•, w~h~n d~ie ar:~1 ~•:i~:~blr a~ r~~r:1:r.~ t~~ law•, h~•f~~r.• lhey hr~nmP ~1~~l3nqu~~nt,
an~t b.:ore QI1L' IRtPfPSt 3Lt:iCf3P~ ~~r ant• prnalty ~.. ~r~~urr.•~i an 1~n v~~ t:~r ::v kr.: tl:. r~•nf is n( rrc~rd tA~ seme
shaU he pr.~mpUy satisf~ed and d~~~har~rd of rr~nnl an~f thr nr.~;onal ~~ff;rial ~i~~~ ur.~rnt ~~ui~h as, tor u:stance.
;Rr tax rerS:, t c.- ~ne sat~sf:t~ Lnn {~at~P: ~,ffic::tlly er.:~.r~••~f nr ~~•r~~t~~•~i~ vhaU br {,!n~ ~•A !n the handq of ~:ud
~t~,rt~.i~PP w~thin ten da~•s nPxt ~fter ; ayment; and ~n thr r~•Fnt tt~a! an~• ther~~~! ~~ ~ot sn p»d, satia!ud and
d~scharRed, said ASnrtRa~ee mat~ at eny t~mr pay thr c~mr nr am• E:-rt thrr~~nf w'tihnut w~a:~~rt~ or a[f~~ct~ng
ar.t• op!~nn. I~Fn eq~n,~• ~~r .-~Rht ur,l~r ~r b~• ~~rtuP ~f !h:, mnrt~;:ikr. xn~1 th~ ftA! mm~unt of cat'h t-n~1 ~~'ery
SUfTt ~a}•:nent yh~11 t.~ ~mm~~~l~at~ly ~fuN an t ~~ay:~R:~ ~n~1 sh.e;1 hPAr in!rr~~~~c Ir,n: th~ ~tete thereof ur.Ll pa~d
at the ra!e uf t~~n per c.-ntum ;~~r annum xm1 t~.~;r;C~•r k-~th ru~~h intrr~it aha!( Dr vrrurerf by the li~n uf this
mort~lRe.
3. To place And cont;nunu;ly kerp ~n th~ bu.:~l.n;s m~w• nr her~aft~r sttuate on sa:d lan4 fire snd u~ndstnrrn
insurar.~r :r, ihr ~s~:;al .':~::.!iri ;~ ,L~ ~• t~~rm, ~n a~~ir•~ n~ t I~s9 thr-n 1 ~X1111L1I11 , In ~tuh c~~m-
panp ~~r r~~:t~;, :• s-<< ~.a~• G,~ aF~~ r~~c.•.1 bt• ~a.~t 11~~r•~ a_•• ~~. .~r. 1 a!; ,~r h ins~ir.t^~~~ F;nlsr.ev nn any of ~n~d bu~ld-
in~v. any ~n:Prest thrm.n ~,r ,~art th~rc~f, in tF~ nr.~r.•{~:t~.• s:~m ainn•~z.~1 ur ui Nx~•P:1~ th.r~nt. ~haU c~ntn~n rhe
usu11 _;tar,~la~~: :t: ~r!i;ACr`~ ~ IAJCr RIaI(:Il~ tt~P 1~ •v ur~i••r v~~;~f Fni,~ •,•s c.u h nn 1 evPn•. px~~able tn SAt~i :11nrtF~-
(tr.~ .,~ his :n~~r.•t: r.:a•: a:~,,•~ar. an 1 rr~~ n a~..! .~~ ~~ t~~ h,~ ,;~~-~• ~h ~tl hr F~rn~irtl}• •1~4«•~r~d t~ and hP)d t:y sa~d
:~iart~;a~~~P. ard nnt lr~s than trn ~tavs ~n a~i.an, c.:t thP ••xn~r.it nn n! P:t~~t pul:: }• to deli~•Pr to snfd btnrt~q~~n
a rrn~••cAI thrr~•,! ln~Pth~r w-:iA a r~rF;~~t f:~r ih~ r+en:~nm ~•~ +~~ r7 f~`11rR'qI nr~1 th~r~_ ~hs11 bc no vuch ~nsu,--
an~•~ rlar~~~ nn ~rn• ~~t ~a:q G~;:I:ir.~;s any in!.•ns! irrn~.n ~,r r~rt it~~r~~of. ur.l~~9 •in thr f~rm end wzth ihr I~~~e
~ra•:at,l~ as afnrrs~.~:. an~i ~n th~ e~~~nt anp sum nf m~,r~~ ~~~•~~mF~ ~avxbl~ undPr an~•h pull~y or p~L~~ea said
~inrt~:a~r~ ;hai1 hn~•P the ~~nt:~m tn r.~~•c:~P AnA ii•~~!~' t1'r s,~m~~ ~m a~ ~~nunt ot th~ ~n,i~h~P~f~~„ secure~f her~by or
t~~ n~~~n:~t a i.d ~inrt~a~-~,r !n fPfP1\'n nn~1 ~~~r :i n. pnv nnrt th~rv•nf tnr oth~r p~~rT~~~e~ wn[hout thrrPAy wn~~~nq
or ~m~air,n~ anr P~u:iv !:pn ~r r.~ht under ~,r by ~-irtue of tt:iv m~~r[~;aRe. and ~n thr e~~ent said Mort~a~;~r ~hall
for n!;:• r.•ne~•-: fai! ;n kvrp th~ sa•;1 pr•~mwr•c qn }n~~ir~A nr•la~l tn d~ll~~rr promptly anr of ~a~A (~nl~cie~ ot
:nsurlncr ?n s.u•! 11,~~'~.i¢~r nr fail pramptlv tn p~v f~~llv 1ny prFm~um theref~r, or in any res(K~t fafl t~ per-
form. d~scher~n, Px~.•ut~, ~ff~~t, compl~tP. comply u~th enA ahidP Dy th~s ruvenant, or anp part hereot, ~s~d 1-tortg-
a~eP may pl~. r en~1 , rte fnr s•~rh ~n~airRnc~ or wnv part th~r~nt vv~thnut vcaiv~n~ or aff~cunR any opt:~n. h~n.
~qu~tv or r.Cht und~•r ~~r hv ~:rtuP uf th,~ mort~s~~ an~! th~~ tull :tn:n~~nt ~f ~arh an~1 rvrrV euch pnpm~nt ahaU
be tmmed~xtP;y dnP wmi pa~•aAl~ end ahall bPer into•~~t from the dnte th~rrnt ur,tfl p:ttid at the rate ot t~n per
~pntum p~r nnnum and tnR~lh~r witA ~uch ~ntcrest ~hall be ePCUrM by the lien of thle mortRnRP-
~. To pcrmSt, c.~rr:m:i nr ~~:LfFr r~n x•esie, ~rnr.;;rm~•nt or deteMorstion o[ ~a;d property or any part .herro[.
6. To pay all and ~sn~ular the : o~t~, charRe~ and ~xp~n~~y„ m~lud~nR reasonnDlr .lnwyer'a tee~ and c~~t c:
aAstracti ot t~tle, InrurrPd or pnld at nny Ume by ~ald 1-1~rtReRee ba•ause and `or ln the event of the fallure
on the paet of the ssfd MortRaRnr to Quly, promptly and Nlly pertorto, dlacharRe, e:~cute, effeet, complete,
cnmply wtith and abiA~ by each Rnd ev~ry tAe stlpulat~ons, aRreementa. ~ond~U~n~ •nd covenants ot ~a~d promis-
eory n~te, and thi~ mortRaRe, sny or efth~r. and ~xfd coat~, chsrges and expense~, each and every. ~hall be Im-
meA~at~ly due and paynDle, Khether ~r not there be not~ce, dPmnnA. attempt to collect or sult pendlnR: and Lhs
full emount of eech and ~very such psyment shsll bear lntereet [rom ths dab thenot untU pald ~t th~ r~te ot
ten per centum per annum: and all ~ald coat~, ch~rqe~ ~nA ~:pense~ ~o Incurrr.d or pald; to~etlier w~fth ~uc6 !a-
tereat, •hW Ds ~ecured Dy ths Ifen ot W mortgaQe.
~~~';x 349 P~~E Z~Q9