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' ~eb?~u~xy 4th. t9 83 i
~ ~ 9 ~500.00 _ . _ . _ . _
FOR VAWE RECEIVED, tM uedRn~i~~d. ~o1nt1 and ~wrafly, PROMISE TO PAY ro th• or3~. of . ~
his w~~e _ _ . - ~
, i~HtY C . I~.VI and MAI~~[,YN . N . _ _ _ _ ,
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----cv~r~ ~~c~_ r~v~ x~~u ~a oo~ioo_- - - . _ _ _ . _ . - . ~ouARS.
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st ~ ~ ~Q14 a4 «~.f'rlrt'~ ,33~Q'.~_ _ _ - or wd~ othK plae~ as th~ holdK
~ .P__._ February 4~_ ..1983 - . ~ ~
henof t~ay d~si aN in w~itin9 to~ether with interest from .
st th~ nh of p~? ~tum p~r aonum on the unpaid balanc* until matu~ity. Th~ said priecipa) and interesf shali ~
be due andp~ yabl~ as follows: $791.67, plus interest payable each quarter, the first quarterly ,
pay~nent beang three (3) months fran date of this nbte , and every quarter thereafter ~
~ ~.ntil paid in full. ~
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- if d~f~uH b~ nud~ for t~ dsys iw 1M p~y~nt of awy instai{~nt ef pr:ecipsl ot int~r~st er ssr p~A tM~tol, tl» wM4 suw th~w ~~ru+ ~M
unpaid w~tA in/e?e~t ~haN a~ lald~r's eption b~caa~ d~~ ~wd. payabl~ w~/A~or.~f,'.~te~t,ic~. Failvr~ 10 ~a~rus~ +~ch epuow al~~ll wef cowtt~tuh~ ~aFwr ef tM
riyb~ 1e e:ercise tM sun~ ~u Iw~ w~st ~F Wbl~qY1AI itbuh. Ahe? w~.•+~..~ bOfI1 Pf1Ai~JI aed accw~d iMt?~~f tAsll b~a~ inbr~st af ~ L~/o rr cewhnw
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p~r annaw uetil p~id, iM ~ak~n and ~eden~n of 1Ais woe~ f~rtl~~i waiw d~w~and, no?ic~ ef new-p~pn~M asd pre~~at. N tAi~ ~sq k w1 ~aid N
~natv~ilp and tM saw~ if p~c~d wi~6 ~n +Itorw~y for cell~d:ow. th~ w~ak~rs +wd ~ndors~n h~r~ef +yrN p+ly dl cosn o1 c~IbcMw, ieclv~i~~ sN cwA
cos~s snd r~ssw~abb ~t1~ew~1? fMS- ~
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` S/ Joseph Bixk, Jr.~ :
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~EP'fT BII~, .TIt• . . :
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se Biark_ ts~?t) ti
Attest: ' --~~~1 - - - - - - - - - - ~
- IDITISE BIRK •
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~~~i~~~i~~~~~~~i~~~~~~~~~~~~~~~~~i~~~i~~~i~~~~~~~~~~~i~~~~~i~~~~~ii~i~iii~i~i~i~~~i~i~i~i~~~~~i~~~~~~~~i~d~~~~i~~~?~i~i~~~i~i~ii4~?~~~~
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snd ahall duly~ promptly and tully peKorm, d~~rharqe, execut~. efte~•t, complet~, comply w~th and sbide by each
and e~•ery the stipulations, ag~cementa, cond?t~uns and covenants ot sa~d prom~s~ory note and of this mortgage.
then thia mortgage and the estate hereby created shall ceaae and be null and vo~d_
It under~tood that each ot the wonls. "note," "mortgagor^ and "monRagee' respect~~ely snd the pron-
ouns refcrnng thereto, whether in the singulRr or plural anywhere in thls mortgage, ehall be singulu 1[ one oNy
and shall be plural jointly and sevenlly. it more than one, and ahall be m~uculi~e, [emiaine andlor neuter, wher-
ever the context so implip or admits.
And aafd Mortgagor tor NmseU and hia hein, legal representativee, succeswrs and a~sig~u. AenDy oovea- I
anta anu sgreea to and with aaid l~[ortgagee. his legal repreaentatave~, auccessors and as~jgns:
1. To pay W and ungulas the ptincipal snd fnterest aad the various and sundry sums ot money payaDle by
' virtue of said promissory note. and thi~ mortgage. each and every, promptly on the dsys re~pectivety the sam~
scverally become due. .
` 2. To pay all and singular the Uuces, asaesaments, levies, liabilities, obli~atior?s and Incumbrances ot everp
nature and kind now on safd dwcribed property, and/or that herea[ter may be imposed, euttered, pfaced, levicd
or assesaed thenupon, and/or that hereatter may be Irv~ed or ass~~s~ed upon this mortgage andior the indebted-
ness ~ecured herehy, each and every, wh,en due and paysb{e aCcoMing ta 1sw, be(ore they Decome delinquent~
and be[ore any interest attache~ or any penalty ~ incurraYf: und ~n ~o [ar as eny thereof is o[ record the ~am~
ahall be prumptly satisfied and d~scharged oI record xnd the on~Cinal ot[~c~al document lauch as. for D~tance,
~ ihe tax receipt or the uti~[action paper ofticia0y endoraed . ar certif~ed~ aAsll be ptsced tn the hand~ of sald
Mortgagee within ten daya next atter payment; and In the event that any thereof is not so paid, aat~tied and
discharged, said Atortgagee may at tny time pay the s~n?e or any part there~?t ~rithout wu~~ing or atiecting
` any option, lien, equity or nght undcr or by ~•irtu~ ot th~s mortgage, and the tull amount of each and every
such payment ahall be immediately due and psyable ~nd ahall bear inlerest trom the dnte thereof until paid
at the rate of ten per cPntum per annum and to~eth~r v~nth surh interest shall be secu~ed by the liert ot this
mortgage.
3. To place and continuously ke~p on the bu~ldin~s now or hereatter sttuate on aaid land tin ~nd windstorai
lnsurance fn the u.Qual standard policy form, in s sum nnt les~ than i ~M-~ ~n auch com-
pany or comp^aies as may be approved by aaid Mort~a~~~e: an~i s?II .ru~h lnsurance policiea on any ot safd Auild-
ings, any intereal therein or part the~eof, in the aR~reRate sum atoreaa+d or in rxceas thereot, shall contnin ths
usual standard mertRaget clause mak~nR the I~~~s ur.d~r ssud po6cies, ea~h and every, payable to said I?tortga-
gee as his ~nteres[ may appear, anA each and evrr~• su~~h Ex?Lcy ah~ll be pmmptly dNivered to and held by said
I?IortRagee; and, not less than ten Aav~ in ad~•anre of the •xpiration of rach poliey, to deliver to a~tld MortRa~es
a rene~val thereof. toRether with a receipt for th~ pr~mium nt ~~~rh r~newRl: snd th~re ahall be no such insur-
ance placed on an} of caid bulldinRs, any ~ntereat therein or parC _thereo~, unle~ ~n the torm snd with the Inss
payable as atoreaaid; wnd in the e~ent any sum o[ money becomes payable under +~uh pollcy or policies aaid
MortRa~et shall hsve the option to receive and s?pply the +ame on account of the 1ndeDtedness secured hsreby or
to Mrmit ~aid MortRaRor to re~elve and uee it or any p~rt thereot for other purpoaes without thereby waivlns
or impairing any ~quity, tien or riRht under or by virtue ot thie mortgage; ~nd in the event sald Mortgagor shall
tor any r~asoa tail to ke~p the aaid prem~~PS sc? in~uMd, or fail to dellver promptly any ot uld pol~cics of
~ insurance to aa~d l?inrtRa~[ee, o~ fail prompUy to piy tully any premium therefor, or in any re~pect ts11 to per•
form. dw~cha~e, execute, ettect, complete, compfy with and abide bp thii covenant, or any part hereot. ssid MaMg-
~ aqee msy place and pay tor euch in~urance or any part thereo[ without waiving or a[tectlng any option, lirn,
~ equity or riAht under or by virtue of this mortRage, anJ th~ tull amount of each and every such payment ahaII
be immediately du~ and payable end shaU bear int•rest trom the date therewt unttl paid at the nte o[ ter per
centum per ~nnum Rnd together wltb such Interest shall De secured by the Uen ot Wa mortgsge.
4. To permlt, commit or sufter no waate, impairment or detesioratlon ot sald property or any part thereot.
6. To pay W and slnRulu the co~ts, cAargea and expensea, including rea~onable Lwyer'~ tees ~nd cost o!
abstrscta ot title. lncurrcd or pafd at ary ttme by ~atd lr[ortgaaee becawe and/or ln the ~vent ot the tallurs
on the part ot the satd 3~[ortgaRor to duly, promptly aaA [ully perforni. dLcharge. asecub, eKeM. complet.~,
compiy wlth and abide Dy esch and every the ritpulsqoni, aareementa. condltlor:i and corenant~ o! said pronds-
wry note, ar?d thl~ mort~e. anr or elther. and aald coats, charges and espen~es. each and every. shW be fm-
mediately dw and payable, wbether or not thera be notice, demand. ~ttempt to coliect or sWt pendln8: a~ th~
tu11 amount ot each and every such payment ~hdl baar fnt~reat troni th~ d~b tl~~nof untll pa~d at the rate ot
tea p~r centum per annum: and a11 N?14 co~t~. char~a and uP4a~+ ~o /acunrd or pat4, to~t~r wftb wcb 1n-
terta~ iha11 b~ ~ecured by t1?~ llta ot thU mort~ap.
~ ~o~K 393 PA~E 959
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