HomeMy WebLinkAbout0996 i ~~i ~ _ . ~ w.....~ ~ ._~JUlY ~ ~~si
In the manner--hereinafter ~set forth,~, a wv w n~. o.d.• a
E. .BOYD-SH~FF .~d B~Ei.VA I: SHOFF,- his irife;_
- ~9isty-ai.ne 3honsand_aind no~100--- _ oawts
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~i,. ~.,,,i~ " sucli place as designated~ bp pavee - - ~
- ; ~ w-- - ! - _ ~ _ - = y- _ _ ~ ~+s..~ .
date- ._.Jr r....~.e~12 o,..,~..,.,,~u, ~e-,.~..~,., o~,~e+~ _as-set- forth below.
.
. = IMr Ms ~f .s .~rrr ai~. rra+r ~ ..~s.r. !.M~ .aw~ .w~. ~wi uwwww ~wr a~M r Mr~ws .~.~t.ow eirMs ~r+ ~w+r
lw~ ~~Wr rlt Caw~ilMi~ ~ ~~s d~ 9~t ~f 1i~~ ~r ~ r~r ga~e s I~iu~ Swiuu. a a~ wit ~rM~ aM ~rCA 1rlAM ~ra~ws dtwrni
w~"s ~f ww~M~~ ~ Iwr~R. w~ i~ ~.rt ~ Mw~s wra~rs ~ wi~! ~i ~r tiw~~ M l/~eas~. t~ M? a11 asts M ao~MCt~
+~dr/r1~ w~Miil~ ~r~yti ha ' _ _ - - - - -
The_priacipal_and interest due hereunder shall be repaid in monthly in-
• staliments .of $989_ 96 per ~nth for a period of _ ten years: Said .
saonthiy payoent is_to include pri~ipal and iaterest, applying--first to
accrued interest, tben to the reductioa of-principal. Payments shall ~
co~ence 30 days fro~ the date hereof , and continue on the same date of
each-succeedi~g ~nth until all suas of principal and interest shall ~
have been ~aid in full. Failure to oake any paqment within 30 days
after the sase beca~es due shall, at the option of the payee, cause the
entire_remaining balance to be due and payable in full. Right to
prepay in s~hole or in part vithout penalty _is••reserved. -
_ /s/ Stanle~ C. _Lott _ , sEw~
Stanley C. Lott
No. n~ - ~
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aad shal! dvlp. Pa'c+mFi3p ~ Su`_t; ;•ertnr~. izs-~+~ ezervt~. e!lec~ comg:ecr, MmpIt wre:h and ab~de b~ eac~ '
and ererr :Lc at:~r.:i~.aa~s, ay~rera.es:.~. .-..:~::~r~s a-,:2 .vsY:~a's uf s:~ui ::J~:.iY)f5 [l0!i and ot ttu~ mortgage~
L~1l~ Ihls mQT2~itgt lIIu 2bt F31LE ~!!'ttsT i:l1:t~.~. :.~'~L-T Ct1S! 3dd Qe IIt.1[ iL~~ :C::~.Z. '
It a~ :inderatos„i iL3i each lrt :r~c~. -w't' -~r~~uc" ars! "~.ar.KaKee' re=Fectir•ety and the pron-
ouns reierruig 2besr:n. ~r~rt3~a :L ibe or g~;rra} angv~ae:s ia ChLs a:~r_KaBe. shalt De singular it one only
and ahav be Faus'a1 ]u:nt?3' ao~! ~alt3: at ~~ar ~3`~a x~t- ~-~.d ~ ~e aas;cuu.ne, tea.inine and.•or nenter. vrher-
e~er Lhe cua;rzt so ~m,~dxs at adsaas
, AIId iVd YOd'2~ia~0if SQ h-wzm.Y 3D~ ~S ~~y -t
e~ [!¢[!3t!!:i£t:ea, successon a~xi as~i~u, henDy eoven-
aats s~n~ agt~es io aad ~nZb sa~d ]tor2Sa,ge~ t~ ie~a! rr~rrsm:ati~cs. suc~.:e~ors and ssugn~:
1- Tfl P~y ~~~~~~i i=ter'st and t~e ~ar"sous and r.mdry wms ot tnoaey payabie by
; virwe oi aaid pnancsory not~ aai i~ss ~oc^.Sa~ ~ch aed e*rrg prumQL~r on tIIe days mpecLvely the aame
i seveta:iy bera~e dut
~ 2 To pay aD aad singuisr Lc usr~ a;~e=:s~ tes-.,~: ::iD~Z~::e~ eb~tgaLinns and incumbrances of every ,
natur+e and lc.nd nos ae sa:d ~rxr.tred p-.;~f. s:.~ x~ai lureaiter :r.a~ t,~ un .
or issessed t}~rra:p~, a~.os ts~i ~~+na.i:ar ~T 'r~ x~_~ef or i~s.xd o a tlu3 mo~~ suffered, pIaced. lea~ed
pa gage and or the indebted-
nrss sc•cur~d ~-rebr, ea.~ aa8 erc_s. :~es ~jr sz.3 ~~}a:+r actur.ii: g to iawr, betore they Decome delinquent, I
and b~iUn a~i- ~nttT'~i 1'-srbes ar L; ~ r"-j%:s y ~c ~rr~: ~a3 .a so :as an_r- tizereof ~s ot record the same ~
shall be p.v~.p:h ssL•s.{,ad aad a==,-» ac+: r.t r~c-~,r~d ~.i Cx oc:~-.ral otficsal ~:xv.zient ~~uch as, for instan••r. ~
:lie tu re~x:pt ~:~e siLStacZ,.ca ~-er a`.~= -^F w4-~,3 ax ceruf+~!~? aria!! be piaced fn the hands of ~u_d
~ '~'forigagee Rz22-ua ies 3ava arsi aPrra ~a3r.em:: asd is :2ar e~ent at aay tFur~! u not so psid, sat:~ficv~ and
d~srlsarged. sz,d a{~agee mt; ai ass La~e ~f t~e sizie ar aay Nart inerw?f xztlwut wa:rtng o: affecting
any o~'~na. liea, ea,:~.s or r.~ht ^a~ier ar !rs r~ x d::.3 ~:Lgagc :a,d tlse tuF: amo•.int of each a,.d erery
sach ~,a~-aezt ~r.aII be ;~me~i.ztrls ~ a:.3 5~a}~L:~e a:si g~:! beat ia~ere~t from Lhe ~1aie Lrercof ur.til paid
- aI tbe ra:.e o: txn pcr txs~um prr =*~r- asi i~.$,r-.Parr vn:2t s.rch interesi shail be secured by t!ee Len of th?~
~r~€~
3. To plac~ aad oc~an~ -~ee~ ~e [IDe ba::r= aus or ~e:eatter ~ituste on said land tire and wv:d~ orrn
i~ss~ar.ce ia i,~e ~m,;a1 ~..az,du~i ;,,.~s iec^~ .~a s r~ eet 3es ELarc i~1--~~~~._~~. . ir. such com-
pany or ra.-np-~:.= as a.az br a~~rr..~ ~c s~3 )iae'~a_.r= as! aiI ~s-h iasurace p.~3icies on any n! said bu:Id-
ir.€s. snc ,~t~rra: t~e-re:ss u?~ar4 ti.ere,-~_ ~a ~L't s=^__~rr~a_e 3eua af~rrsa:d or u: e:cess taereof, sitatI c~r,ta.n the
us~al s'.aadard ma.-'~.-s~.g~ r3a~t t:-» i,:~~ t~~r ~.~.r3 poi:c_e~. earR ud ererp, PaYable to 3a:d alortga- -
~ gee a~ hia mtrres: a.a}~ a=,.~ar, a.:.~ z,3 err-:r a~~.-f a~i! be prv: :ptlq drurered Lo an3 heId Ly said
~dortgager: and not 3~s ihia Sea ~3}rs ~.~-asarc a' ~.e er=.cr~L::n ~E e~a ~ie~_ -o deliver Lo said li~r!~a^ee
. s reaea-al 23~e~e~`. i~~:nrT r.~ a:tx~e==+C :x :~i ,p~r _r~.•~. rear~al: ~?ai tl:er+e ~shall be no such :~~r-
anc~e placed on ~e oi ui~ Lz:;~ L:~r :a~ese~ :=err_a or gart :ae:eof. ur1r=3 :n 4*.e torm and arith the 1~~s9
pa1•able as afore~s:3: and m:'x e~-esi a~~ s~ d_ ~xeT *sr~-umrs paSaDir i:n.:er <ucII poltcp o~ po3ic~e. sa~d
Moztra~ee skaII hare _t:r o~::_e~ :,c arc~re ~3 a:=~s ~~e cssar oa acca•sat of ;!se in.f~Dtedae~s securec! hereby or
La perrr.it sa.~ )dartrac~?z a re,r~n aa3 ~Lr ;s +sr ~.s a.: ':.er~a! tse oL~er purrn~ arithout thereb~ ccai~zng
or ;mpauiay a.~r equ:!_v_ ;,ea o~ r~L r.r~3ts x D~ ~.zLae 3f ~,~ttaa~.. ar,d :n the e+rent said tion'~aK,r shal!
for ar.c reasc~a fa~7 :o Xc-rp :3r ~~~rs y~ :~~.=.i ar f~ ~o deh~er RrorrspUv anc ot said Fx:licle~ of
insnraz,rt to sr~d Ld_r_~~~f~ c~ ~a1 ~c~;~'~ ;a =-i~ :=_Lj s~sF Fr._~i:tta t~er?f•~r. or m any respcet fa;i io per-
~ iorni. d~rRa esec~~ r_ rf`aci a~~eer.~ cr,~+-tl~ ~nd atr.i~ bs c~:vrr~ar.i. ~~r ar.r part hereof. said ~SortK-
$ agee map ~I3tY tLd ~T SJT 3'7C~ :~'~!tffi! Gir t'ait' :R±~.~[ ~t*~;ui :,u~~ g or sff!rtiag any ~pir•,~+. liPn.
~ equitr or r.gDt L~der ae '~r r:r:,oe c+: ~ sa~-.~a~± s-~ t~r tutt z:~rat ot ~a~~n aai every sieh c~arment =hall
~ be fznme3sa2e;s ~ar aad ~azib3~ i~d be=r *•:~t iro~a ci.t ~iate tL:ee:eo[ :ui:il p~.~1 at tl:e ra2? of ten per
oeztum pa inn~ ar.Q :.q~et~er s;tl ~ zai~-es! aCa'sl ~e se~-s~ed Dr tae her ot thi~ mortgage.
~ i. Zb permiL, ~t er s~ta m s~s_r_ aar~axsscat or dctes~o~ation ~f ~a:d prnperiy or anr part thcreol.
E 5- ~ P~7 ~~~r *-~e tae;i~ ~ar~s asd ~zr^+ae~ Re rea+oflaDir 4~Ye~a fees and caet ot
abatracts a~ tit7e. lacnrred er -~x! at as~j t~e bt sud -t~asee beravx ae~i ~ ar tn the erent of the fallurs
oa t2?e part d the aaia ]Lart;agc+r to ~'_r_ ,~-~p:2f a-i '::i~ Perforzs- ~sc~ar8~. e:ecute. aKeM. complet~, ~
oo:n, l..ritb and ab)3e ~ e~ aai e~ 3e s:ipatatrcize ~-~•em~eats. ro~i~ao~es aad oo4enaaL ot aaid prornU-
wrs n~R~ aad thts moa~.~aa~ aa1 ae e4~ asA ~d caa:i r:ar~es and ~pease~ eacl~ aad e~er~r. ahall be Im-
mei, te~y ~e +a0 P~F~~ s~tt~ a~ sot i~s Oe so+..:c+_ ~r~aar~ a[te-t:at ta cullect or sait
iti:1 a.noqmt ot esc~ s~A e~erf r.rD ~:~eat s1~H Dear :n-..Ke~t ircm Lbe dst~ tbereot oaUl pal~the rste ot
tm pc: cmium pe~ ar.a~: aa~d aH st'1d c~asc~t, tsartea aaA e:p~m~as a~ iacurred ot paiQ Losttl~et w-1th wc.b !a-
k~L iLaL ~ sec~ed lr~ tba l~s d L~s ar'.pR
' 3'JE~ e)e.l~ P!!~f c~
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