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.. ._ 'darch ` 19 ~1 ;
520,~00.00
iAR V4lUE RECElYEQ, tbw undersiyned, fointiy and sevorafl•~, PROMISE TO PAY to the or~er oF ~
'=.I Gt?ARp N,._.THURST~~1. and _ EL:3I~L•' M. THUkSTON ,~tis cai fe '~
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"~'rJr:?~;`' 'Ti~~~US~~;~L~ AyD. NOl100-------------- ------------------------------oO:tARS, t
,. a~S K~ii~~~ ~F~:~C ~r. L:1L~tt't~].F~t~, i•1o, t'~~Q ~.1 or suc1~ o~her p:ace as t~c holde~ ~
.y r ~
-.e~eof may d.~sign~te in wri~ing together wi~n in~trest f+om ~~~ t'C; i 6. ~_ii $1 ~;
s~h~ rafe of ~~ . p~~ centum per a~n~m on 1he unpa~d balance untii mat~~rity. The ;aid princ~pal and inrerest sha!1 ~
ne 4Ja a~d payable as fo:low:: ~:?gb . 9S ~;r~c~nth , rhe ~ i rs r t~~~•i.~e~~r. b~i;;,~ c:~_e ane Uion _r'~ ~
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' i-or r_t~z~ date oi ~!~is n~,te ~s~~~: c:?ntir.t:e ror e~~c;- mr.i:~h t;~r~r~: ;s:rnr t~r~til n~~id •.
:'~=is sur: ~~f $2"0~ . t)~ r.ai~i e:~cn monr.h s~~zl i fir~t ne credize„ [~~ interest ar.d Z.
'~:C' I'~Ctc"~1RCif:' ! ~ 112+' T~2'tItc~ nai O~ CI:LS vhi' 4'.'~r2 L~`~l. ltll ~ net~' T.;d'? ~)E' I~2'+`_^.31~ ~:
~1~.' cliC~: t1I.^E'~ :1[1(~ LIl SUL}1 'l.^.:ULLr~t'c c~S t~.~ iT~i:~"+~:' ~(j~~~~lt't l•~. r~~Cl?`t ')F•?e.~1rY. Z
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If d~/avlt be road~ fo~ ?~~ J~r. ~n t::c p:~ritn~ a/ a~~ :n:t.lime~l a r p•:•..~P~i cr inl~.•st cr ~~y f.-1 ehe.~of, th• wnols :~T tne~ r.~wa:n:ny ;
~~ paid w,eh ~,~~~ssf ~!~all s~ I~vldr.'~ oph,-.n Sr•om~ d~e snd ~~yab'•~ M~Ihau1 npKt~. fs:~~r• ~o •~rre.t• =v,-h opt.~n sn.ll ~of at~:..~.~~ • ~~:.~r oi tlw ;.
ght w•.+rciaa tt+r sarn in -L~ •ranl of auw~,ueM d~~+uN. AR~~ m~trrify betF. p~:~,cipil ~nd uvu.d ine~~~s~ +h~l~ b~~~ i~t~reu st l~ Pe• «n:r~n ~~
• er.~un un1~i p~.d. 16• ~~~~~s •nd eedan~n e( tA:s not• Ew1A~r w~iv ~en~a~d. eohr• o/ n~npiymenl and p~ul~zr 1/ Ih:: no~• is rof pa~d a- ~~
..~ue:1y a~J •he a~ms :s plac~d witA ~n •Itom~y for ce!'ectan ~na .naLnr aad endorfers h•.+.f •pn• eo p•~ ~II roi~s .:~ eel:~c!ion .nihW.n9 ~!! cao+• :
n: a and raa+oi.abb a~lorrer f~es. ~
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and shall duly, promptly and fully per[orm, d~~rharKe, ex~~utr rtfr~•t, c~mp~~t.~, ~•~mply w~th and ab~de Dy each
and e~cry the st~pu:aunns, agrcements. ~onJitiu:is anA cov~nants ~~f s:u~f pn~~us~•~ry note end u[ ttus mortqage,
then thi~ mortKage and the estate hereby created sh:-!1 cease and be nu11 anu :~~.1
It is understond that each of Lhe Kor~a. "note." "mort~a~;or" and "m~n~;a~;ee" r~spect~t•ely and the pron-
ou~s refernng thercto, whether in thr s~nqutsr or plural any~•hPre in th1~ m~rtgage, ~Rall be a~ngular ff one only
and ahall be plurwl jointly and severally. ~f mure than one, and 9h:i11 tx~ mn_~eul~ne, femimne and'or neuter, wher-
ever the context so ~mphes or adtn~ts.
Md aaid Mortgagor tor him~elt and hi~ he~r~, legal representst~~ea, successor~ and a~signs, hertDy coven-
ant~ ana agree~ to and v~nth said Mortgagce, his legal reprrsentative+, succ~ssors and n~s~gna:
l. To pay all nnd s~ngular the pnnclpa! and ~ntereat and the vsnous and ~undry surr.s ot mon~y payable D
v~rtue ot said promissory note, snd tlus mortgage, each and every, prompUy ~n the day~ re~pecvvely the aarr.i
~e~~eraUy become due.
2. To pay all and ~mRular the twcea, asaessm~nts, Ip~•~e~, {,aDil~t~e9, obt~~wtu~n~ xnrf Incumbnn~e~ o[ e~•ery
nature end kind .now on sa~d deacnbed proprrty, and nr that hPr~after may be imposPd. ~u:fered, placed, le~•~rd
or astessed thereupon, and;or that heren[ter may br trv~rJ ~r as~~tised upon th~s mort~aRe an~l or the mdebled-
nc•ss sPCUred hereby, each and e~•ery, w•hen due and ~~ayable ac~-ord~n~ t~ law. DrfnrP they become delinquent,
and b.•fore any inlerest attaches or any penalty ~y uuurr.•~i, and ~n vo far a~ xny lh~r~o[ ~~ ot record the 9ams
chaU be promptly sat~shed and d~schargrd of recorr3 and the or.~inal off~c~al ~incument !~uch a~, tor ~~u[ance.
;h~ tax rece~pt er the satisfartion paper oft~cially emiorv~~d nr ~rm(iPdi ~hRtl De p!aced !n the hand~ of ~aid
~tor[RaRee K~th~n ten days next atter paymcnt; and ~n the e~•Pnt thnt any therrnt ~s not ~o pa~d, ~att~fseA and
d~scharRed, sa~d DtortRx~ee may at sny Ume pay the s.ime or env par[ t~~renf w-dhout wa~~~ng or atfecting
any opt~An, li~n, eqwty or nght undFr or b~• ~•~rtuo of th~s mort~aR~~, and lhe full emount of each and e~ery
su~h payment shall b~ ~mm~d~atrly ~lue an~1 pay:~A;~ aa~i ahall bear ~ntrr~st (rom [h~ ilnte thereof until pa~d
at the rate ot t~n per cFnturn per annum and [~~geth.•r with such ~nterevt shall be secured by the I~en ot thia
mort~;age.
3. To place and conLnuously ke~p on the bu~I~f~ns:a n~v- or hercafter aftuate on said land fire and windstorm
inaurance ~n th~ u~ual .tandar~l pnlicy fnrm. 1n a~um nnt le~s than i M~}ClIDl~l . 1n auch com-
pany or com{~~ -i:. s as may br appr~~~•ed by sa;~l binrt~~~~•e. ar. t a11 vu~~h ~nsuranre pnl~ciea on any of ~~d bu~ld-
ings, any ~ntPre~l therein or pa~t thereof. ~n thr a~~r.•Fa[e sum aforP~x~d or in exce9~ therPO[, ~haU rnntnm the
usual standxrrt mnrt~a~Pr ~lausP makinQ tt~e I~~~9 ur~i~~r az~d (~ob~-~rs, ea~•h an~i every, payable to said 111nrtga-
Rcc a~ h~s ~nterPS; ma}• app~ar, and ~ach xt:~I Pl'P`)' S!U h p~dr~y ahall be pmmptly A^li~•ered to and held by ~a~d
]-iort~a~ee: and. nnt I~as than ten davs in ad:an~e of the Pxp~ratr~n of PaC~I (1nIICy, 10 deliver to sRid 1-tort~aRre
a renr~val thereof. toQether w•dh e rere~, t(~r thP prPm~um ~/ vn~-h r~n~wwl: anA thPrc ~hell bc no such insur-
an~~ placed nn any ~( said bwl~im~a. any inlrr~•st th~r~,n nr pnrt ther~ot, unl~s~ in th~ torm and w~th the In~a
pavahiP as aforesauf; an~i ~n the e~•Pnt any sum o( mnney b~rnmes payabl~ and~r veich pollcy or polic~e~ sa,d
biort~;a~PO shall ha~•e the ~ptinn to rP~eivr and a~+ply the samr on a~•rount ol the indebtedne~ securM hereby or
to ~~rmlt sa.d ~inrt~a~or to rPrcivP and uc~ il or any pnrt tter~nf for other purpo~e~ v-~thout thereby waivfng
or ~mpairinR ant• equity. lien er n~ht under ~r by ~~rtue of thiy mnrtgaRe: and ~n th~ event said MortgaKor ahall
for any rP1s~~a (~~I to k~~p th~ sai~f pr~m~~.~s ~~ ~nQur~A. nr tail to dellvrr promptly any oi uid polic~es ot
~nsuranc~ to sa~d Iltnrt~aRFe, or fa~l prompUy to p~~ (~~Ily any premium therefnr, or in any reaE+ect tall to per-
form. d~schar~e, exr~ute, rftect, complete. comply u~th and eA~de by thia covensnt, or any part hereof, aaid Mortg-
aRer may placr and pav for such in~urance or any part th~re~t withnut naiving or at(ecting any opt~~n. L~n,
eqwty or r.Qht undcr nr b~• ~•irtue ot thi~ mortRaR~, and th~ tull amoimt ot earh •nd every such payment ~haU
be Immed~alely duP nnd pat•able nnd shsll bear intorest fmm the date ther~ot untll paid at the rate of tm per
cPntum per annum nnd toRether with ~ucn fnterest ~hall be eecured by the lieo o[ thl~ mortgaRe.
~. To permlt, cnmmit ot suffer no v-•~ste, impa~rment or deterforatlon ot aald property or any part theeeot.
6. To pay aU and rin~ular the co~ts, charRe~ and expe~n~e~, includ~ng reasonable lawyer'~ teee and cwt ol
aDstracts of title, lncurced or pald at any tlme by sald Mortgsgee because and~or ln the event ot the tallurs
on the part ot the ~afd MortgaRor to duly, promptly and tully pertorm, dlicAarRe, e:ecute, ettect, complets,
comply v~~ith and abfde by each nnd ev~ry the stfputatlons, agreemenb, eonditlon~ and covenanL ot sa~d promL-
~ory note, and thi~ mortRaRe, any or either, and awtd co~b, charges and expenses, each and every, shall be Im-
mediately due and paynble, whether or not there be not~ce, demand, attempt to coqect or sult pending: ~nd th~
iW! amount ot esch anA every auch payment shall Dear tnterest trom ths dab thsteot unW pald at the nte ot
ten per centum per aiu~um; and all ~ald cost~, char6es and ~:pen~e~ ~o Incurred or pa1Q, to~eth~r ~r1th ~uc0 fa-
tens~ ~ha11 b~ ~ecwed by th~ Ilen of thf~ mortga~e.
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