HomeMy WebLinkAbout1944 ,
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~j r'ir-t'V'i~t ; i~T~~ni~ herei.n con~a~ied inv~lid~Les o~ ~h~Ii invaliaaie si~y secur~L~ ~
now ~ield by the party of the second part for sa3.d deb~, nor ~aiir nor release I
a~r covenant, condition, agreem~ent~ or stipulation in said note~ and mortgages,
i~ and the sama, exceg,t as hQrein conso~.idated, coordina~ed, imodif3ed ~.nd extend-
~ ed, shall continue in #ZLLl. force and effect a~nd the undersigned Purther cave-
nant and agree to perform, co~ly ~rith and abide by each and ev~ry of the
coven~nts, agreements, conditions and stipulations of this agreement~ as xe11
;j as the covenauts, agreEments, conditions and stipulation~ of the s~d no~es
j; and mortgages xhich are tx~~ 3nconsistent herewith. ~
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~i SIXTH: In the case o~ ~r installmer~ts of 3ntereat and/or principal herein-
above provided for be not pro~tly paid as they beco~e due and payable, ~
without dem~nd, according to the terms and tenor hereof~ or if each and every
of the stipulations, agreea~nts, cov~enants and conditions o£ the abov~e
described n~otQa and mortgsg~s as herein m~dif'ied and extended, a.nd of ~hese
presents, a~ ar cither~ axe not du]y performed, coaplfed with and abided by,
then and in either of such event~~ the balenee ~hen unpa3.d of the pr3ncip+~7. ~
~um of said notes a.s h~rein m~difi~d aud extend~d, tit3th the accrued intere~t,
j~ and a1.1, other sums provided for in and by se3d cc~biaed m~rtgages~ sl~al.l~
without notice~ at the option of the party of the second part~ becve~ imoe=
diate~y du~ and p~rable and ~aid combined ~ortgages me~r be foreclosed ia the
maun~r ~nd as fiu.i,y a~nfl comp3eie~r ana ~ritia iae s~ime e~ecL as ii~ i:ne indeot- i
" ednesa of said notes x+ere originally stipvlated to be pald on that date or had
otherwise matwred, anything in th~ above desaribed combined mprtgages, said
principat notes, or her~in~ to tht contrary notxithsta~aciing.
Upon disbursement by it of the additional loaa evideneed by the npte described
in paragraph nv~bered 2 of this Agreement~ ~ie Prudential. Insui•ance Co. of ~ne ca
y aha11 be dee~ed aud conetrued t,o have accepted~ a.nd ahe11 be bound by~ this
Agree~ent. ~
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` ij This agree~sent sha11 be biad3ag upon and sha7.1 imare to the benefit
~ of the heirs, executors! adffi.nistrat~rs ~nd assigns, or auecessors a.nd asaigr~s ~
Ii oP the parties of the f`~r~t and second parts. ! ~
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The xorda "pai-ties of th~ firat par~t" as herein uisec3 include the :
sing'utar as well as the plural.. ~
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IN WTTTIES~ W~ERFOF, the parties of the Pir~t part nave hereunto set ~ '
their hands and se~1.s the day aud y~ear first above ~ritten.
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'i Signed, sealed and deliv~red in ~Che ;
presence of: , ~rr~ = (3RAL) ;
~ •i A. Worley j
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. a,~ to M~r Mrs Bro~~wn
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/~l-~ • D e L. ert Jr ~
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. s. Talbe Dorot~ A. ert ~
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I~ les R. 3exton ;
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! . Mrs . Sexton ( SEAI' ) ~
' Eleaaor Q. Sexton ~
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