The URL can be used to link to this page

Home My WebLink About2990 ' ' ~1ft~~I~J~~~~IS?~1~J~IS~~~l~-~~I~I~I~I~I~I~~~~r~~~I~~S1~I~r~?~I~I~I~I~~jI~I~I~~~I~~~l~I~IEI i'11~I+IrI~i~~~If~1~~~r~~~~~~~~~1S1~I~I~s4~s~i i ~ ~ - June.---..=.5.._ _ 19 .7`_ ~ ~ MI and s~v~rall , PROMISE TO P~4Y tr+ the or~er of--.--------- ~o~e v~uuE ~~a.~~~.d, id y r ~ y~ - - - ---~~G-~-Sp~y~~}'Hpp ~p.F.~INC~E{L~.I~.._„M/~.._~E~t~NC... hiys_w~~-------------------------------~------~------~------------ ` l:G~y~GGSI ~~411U l' ~VB HLLll~.i~~ ~aiVl_1lOL"`_"`!__~~~~~r.~..~r~~~~~~w~~~~~.r~.. Wi~RS~ ~ ' ' . ~ - - - - - - or wch o1h~r plac~ as th~ hold~r - • ~~af wa~ ~h in writie~ tog~ther with inMtest from ~une=S ~9~._ - a~t tM~ rd~t of 8~~_______ pK c~ntun+ pK aneum on the unpaid balance until maturity. Tha~ said prinapal a~d intenst shsll b~ drt swd payabl~ as fol{ovrs: , . `r146.38 per month, the ftrst pa.yment beinq due one monZh from date hereof and to conttnue each mon~h thereafter until p~td in full. 1'his sum af ~148. 38 pe~id e~ch month, shall ftrst be credtted to the tnterest and the remainder to the prtnctpal ~ of th~s ob~tgation. ~ . _ ~ IF iiwi 4 waie iK ~_`5. daps i~ tM p+r~wt 4f awr ant~N~wt of ~iwu~sl K iel~nsl er swy prt ~r»i. ~M wl»I~ svw M+~w eew~aiwiw~ , ~ wri~i rri6 i~wnM sb~M M Mlia's pti~w b~cew~ iw swd parabb w'~1f~wt wotic~. E~ihw~ I~ ~:~ecis~ svcl~ ~pMw s6+N we~ cowstihrh bC1l~riiver of tM ~ ~i~t Ue s~eew~ Mw saiw~ i~ dw ~v~w~ oF s~9ww1 dtfa~h. Aftrr w~+tw+tp ~~iwc=p+) ~ ~ccrwd iwl+etfl sMaM war iuf~nst ~t ~~17 .~t~ ceutvw ~ i rr a+w pi~. iM ~~es awJ ~wA~~xn ~f Ma aN~ fveli~ waiv~ dtn?aed, Rotiu ~f wow7+rwwwf +w~ Ph1+st. If 11~is wotr 'rs wef paid s1 ~ ~~wiY a~ ~ sw is pbc~ witl~ si sMo~r fo~ c~ll~d'ae, tM ~wak~rs ~MI Md8/f~ff Iwraof s~n~ 1o pr sll cosh ~f coM~oirw, iwcl~i'w~ ~G towt ~ s~Ma. awJ t~~oib +1N~1 fe~s• . , ? ~ ~ - ~ - - - ~5~~) , ?~`onald Kinq _ : ' - -----is~) . Stephanle King - - - . - - - _ _ (SEAL) : . . ~S~I~~~1~1~~I-~1~l~Y~~~1~4~I~If1~f1~f~I~I~flfrflji~~ J~f~~T~rf?~l~?~?~I~?fI'i~l~1fl~~~fifi~ltf~rfl~~~r~i~lfl~i~i~i~Ifi~~~f~I~i~1fl~s~i~~j?s?fs Jfl1I~?ji,f~~/'~~, . 3 ~ and shall duly, promptly and fully perform, discharge, execute, e/tect, complete, comply w~th End abide by eaeh y ~ and e~•err the stipulations, agreements, conditioi~. and co~enants of said prom~s~ory note and of this mortgage, ~ then Lhis morigage and the estate hereby created shall ce~se and be null and ~•o~d. - . It is understood tha[ each of the «•ords. "note," "martgagoY' and "mottgagee" respectirely and the pron- ~ oans referring thereto, whether in the singular or plural an}tivhere in thio .mortgage, shall be singular if one only ~ ~ and shall be piural jointly and severally, if more than one, and shall be ma.sculine, feminir.e and/or neuter~ wher• ~ ever the context so implies or admits. _ ~ And said Mortgagor for himself and his heirs, legal representatives, successors and assign~~ hertby covea- ' ~ ants aun agrees to and with said Afortgagee~ his legal representatites, successors and as9igns: - _ ~ 2. To pay all and sin ar the rinci al and interest and the vario ~ B~ P P us and sun9ry sums of monev payable by . virtue of said promessory note, and this mortgage, each and every, prompUy on the da~s respectively the sama ' ~ ~everally become due. 3 , _ - - - < ~ To pay all aad singular the taxes, a~sessments, levies, liabilities, obligations and incumbrances of_e~•ery ~ nsture and ~:ind now on said described property, and/or that hereafter may be imposed, suffered, placed, le~~ed ~=i or assessed thereupon, and/or that hereafter may be Ievied or assesseci upon this mortgage andlor the indebted= ness secured hereby, each and e~ery, «•hen due and payable accorciing to law, before they become delinquent, ~ and before any interest attaches or any penalty is incurred; and in so far as any thereof is of record the same ~ ~halt be promptly satisfied and discharged of record and the original official document (such as, for instance, ; :he tax receipt er the satisfaction paper officially en~lorsed or certified) shall be placed in the hands of said ~ _ Sfortgagee K~thin ten days neat after payment; and in the e~•ent that any thereof is not so paid, satisfied and ~ ~ discharge~, said 1~Sortgagee may at any time pay the same er any part thereof v~~thout wai~~ng or affecting anq option, lien, equity or right under or b}~ ~•irtue of this mortgage, and the full amount oL each and every ~ . such payment shall be immediately.due and payable ~nd shall bear interest Irom the date ihereof until paid at the rate of ten per centurn per annum and together K~th such interest shall be secure~ by the lien of thi9 - mortgage. _ - s 3_ To place and continuously keep on the buildin;;s now or hereafter aituate on said land fire s~nd windstorm ~ insurance in the u~ual standard poli~y form, in a sum nnt less than s.. _._Maximum ~n such com- 7 - pany or comp^aies as may he appro~•ed by sai~l :~fort;;ar~~e: an~i all such ir~surance policies on any of s.3id build- ~ ~ ings, any interest therein or part thereof, in the a~,re~;ate sum aforP.aid or in excess thereof, shall contain the - usual standard mnri,a~ee clause makin~ L}~e l~~ss ur.~t~~r ssid policies, each and e~•ery, pa~able to said Dtortga- gee as his interes; may appear, an~i each ar.d ere: su~~h policp shall be promptly deli~•ered to and held by said - ` Dfortgagee; and, not te~s than ten da}~s in ad~•ance of the Pxpiration of each pollcy, to deliver to said biortgagea ~ ~ a rene:va] thereof. to~ether ~~ith a receipt f~r thP premium ~f au~h r~n~tval: and there shall be no such insur- ~ ance placed on ant of ~aid buildinRa: any interest therein or part thereof, unle_ss in the fotm and with the losa _ payatle as atoresaid: and in ihe ecent any sum of money becomes payable under such policy or _ policies said ~ btortga~ee shall ha~•e the option to recei~•e and apply the same on aecount of ihe indebtedness secured hereby or to permit said .liortqagor to recei~•e and u~e it or any part thereof for other purpo9es without thereby waiving _ # or impairing an} equi[y, lien or ri~ht under or by ~•irtue of this mortgage; and in the e~ent said Mortgagor shall ~ ' for ar.y rea~oa fail to keep the said pren~iscs so insurnd, or fail to deliver promptly any of said policie~ o! insursnce to said ?~iortga~ee, or fail promptl} to pa~ f~illy any premium therefor, or in any res}~?ect fail la per- torm, discharge, e~ecute, effect, complete, comp)y ~~-ith and abide bv this covenant, or any part hereof. said D~ortg- . _ agee may piace and pay ior such insurance or xny part thereof withnut vcairing or affecting any option, lien, - eqrrity or right undcr oz by ~•irtue of this mortRage, and the full a~pount of each and every such payTnent shall be immediate3y due and pa}•able and shall_bear interest from the date thereaf until paid at the rate ot ten per centum ger annum nnd together with such interest shatl be aecured by ihe lien ot t~its mortgage. ~ _ - 4. To permit, commit or sufter no naste, impairment or deterioratlon of said pmpetty or any part thereol. b. To peq all and singular the costs, charges and expenses, including reasonable lav~~}er'e fees and coot o! abstracts o[ tiUe. incurred or paid at any tlme by sald Mortgagee because and/or In the e~ent of the lallure - _ ~ the parf ot the sald MortgaRor-to duly~ promptly and htlly periorm. dlscharge, txecute~ effect, complete, comply vrith and abide by each and every the stlpulation~, agreement~, conditlon~ and covenanta ot said pmmis- ~ iory note, and t}ti~ mortgage, any or either, and said costa, charges and a[penses, each and every, ~hall be- im- ~ - mediately due and payable, whether or not there he notice, demand, attempt to collect or suit pending; and the = - !'~II amount of each and every ~uch pavment shall bear interest from the date thenoi untll peid at the rate o! f tea per centum per Annum• and all aa4d coote, charges and expeasea so incurred or gaid. togeiher with such in- ~ tera~t, ~haII be secured by the lfea of thin mortgage. ~ OR. t(";U~' ~ BOOX PAGf ~~~OU ~