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;Q ~~ ~`~ ~~~ I~e iame. fo{jelhsr wifti fh• len~nan~~. ~i~jla~t~nb and oppu-f~
nancss t{~Proto be~onging, ancl II~e renfi. luus~ nnd pro)tft Ih~-ro~, uNo 1~~ morlpape~. !n lM dmp~.
~ t~ee morlgagor eo~~nanls with Itie moMga~ee 1{~at 1{~~ ~no-t~ogw 4 indef.w~6tr .~~d oj aotd
lu~d in ~aw ~imple; fhaf the mo-Igagor haa good ~ight and ~awlu~ auf~o~ity lo conwy said ~an~ a a~on-
sat~; fl~a! Itie mwfgogo- wtll mak~ such (url~er asiuro~cea to per(ect fke ~k iie~pl~ t1t~ ta said Inr-d in fI-~
mo~t~agee as may reasona6ly be -equtre.-1; that the mortgagor ti~-e6p ~ully warranb tl~~ tt!(e !o ~aid land
a~ut u-ill de~end tl~e snme a9ntnit fl~s law/ul rlaim~ o/ all peaona ~ul~omsoevsr: and thuf iatd land ta (ro~
and clear o~ all encumbroncei except those taxes accruing subsequent to Dec. 31, 1980.
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~~V(~ ~s! ~t{~at t~ saicl mortgago~ ahull pny unlo said nwrtgog~e the cerlain prornii-
. i sory note hereina(fer subatanfia~~y copiecl or icleallfied. to-u-~t:
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s 3.OUQ. QQ Fwe P~•ru. F~w~d. _..._`.-J''._._'-_. rJ_ _---• 19~ 8l
A$ here~.naftez & CC~.f~.ed._. ._ __._.. atter dste, 1, we or either of us promise ro psy to the order ol
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Nita M. Jansen '
-- THREE__THOUSAND__AND__NO1100--------------_~----------------------~-----_-~-^--~pLLARS
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Route ~11, Box 111R
for value raeivcd. Wt'abk at __-- •----------- - ------------ --- -- --- --- ---------------------------- -- ----- -----.___-
Otis, Oregon 9736$ =
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from 2. j10~81 ---_ --__. st the nte of .. 12x_.-- -. per cent per annum until paid; ~~ pe esn aa: b! and---- monthly_-------_
• Md each of us whether ma4er, Ew+~ntor a endo.ur, FK.eby sever~ly waives and ~enovncss any a~+d ~tl homestead e,eemption ~i~1-fa we
msy hsve undcr the Canlitution or Uws nf the Stafs oI FbriEa, a anr other Sfate, a Uroted St~tes. ty ~~a,rnt this rwfe; ~nd e~ch fu~ther wa~ves
dlmand. fWfK~ O~ non-paymcns ~ potest, and in the sveM it becomes nccessary to cotlect thia eate /Mou~fi ~n dtaney, a~rees to psy stf costt
of collec~:ao, indud,n~ reasonabb ~ttantys 1s~.
Payable in ct-ircy-six (36) equal consecutive and manthly installments of
ninety-nine dollars and sixty-five cents ($99.65) including pYincipal and
interest. First payment beginning I~.arch 10, 1981, and monthly thereafter
~ until said principal and interest due thereon are fully paid.
The makers reserve the right- of prepayment at,any time without penalty.
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In the event of default in payment occurs the monies previously paid to the
mortgagee are retained by fhe mortgagee. ~- -
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~~348 p~~~~
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