Loading...
HomeMy WebLinkAbout0920 . December _ 31_____., » ; _l6~ 500..(10_______ FOR VAL11E RtCE111ED. 11M and s~vsrally, ~ROMISE TO ~AY i~s tM erd~r ef.---------__._.___-._ CHARLE~ u m+nnm and Ru~B._Mf.~AT_~__hiH_._y,tife----__..._______________-----_______._.-- , S~~~p~n ThoL~ag F've Hnn$rs~._aact__no~1QD--------~-------_---_-~----~-.--_..-DOLLA~S, ' • 06'~ 5q._.----------..._----_----.er wch NI+K as thi I+ildK i at _ .F-.-Q.---l3a~--~-~-.---I~IC~F-~'1---~t8}111'~g ~()~l-~•--~~-.-- h~~f mar d~niO~aN M wrilino te~Mh~? witi~ iet~st from _..s38~tE_.Sho~_BbQY~___----_____..___._.. : ~t ~~~~10 . 5_____ pK pnt~m pK ~nnwn en tM u~paid batane~ w+til n+atu~it~?. Th~ sald p~incipd and i~t~+~t ~hall b~ dw aed p~yabl~ as hllews: . $354.66 a month, the first payment being due one month from the date ; shown above, and,continue for each month thereafter until paid in ~ full. This sum of $354.66 paid each month shall first be credited to interest and the r.emainder to the principal of this obligation. THIS NOTE MAY BE PREPAID AT ANY TIME WITHOUT PENALTY. M i~l..w M wd. h. . _ 3 Q.. rys M d~. '.r~..w~ .t ..y Ma•M.rwt .f r.iwc~al « ~a « ..y ~..r ~..f. ~.i. M~ lec~ Jw ~wd ~+Y~ ~rill»W wNie~, i~Yw+ M~ ~ iN~M ~M~M ?~a~ M1~eN1 ~t 14 ~~~1 11» ~ M1~wM slwN M MIM/~ qM~w sM~ ~y N~ IM swM i~ IM~ ~~wf e1 s~NwM ~f~rlf. Alhr walwil~ w11~ M+e~+~ ~~~M. M/W w~M i~ wM pN M ~y ib wMk«s aMi ~wMe+~nt~e e~N~sti~w. IM wak~rs ~~wi~e+~ Mr~~i ~ dl aM~ ~f e~sMM. i~el~ ~M ewrl wwMily aw~ tl~ sw A~es~ ~rMA aw M~*~y ersb M~ r+w~aN~ MN~N1 ~ ~Y - ~ ? ~ ~ l.~c-~-~Q~~, - - - cs~w ~ EARI;~"bSBY""" ~ . .'~r.~~~~.~.._.~~_._. _ • - •--•-(sEI?t1 . A • NNE K. OSBY . . . ~(,1,~._-----------------~ ' - . . - cs~ - ,e',~,o,ee~es?.-. - ~ r ~ and ehall duly, promptiy and fully pertorm, diacharge, execute, eflect, comptet~, r.omply wtth and abide by each and every Lhe atipulation~, agreements, conditions and covenante of said prom~seory note and of this mortgaga~ then thia mortgage and the eatate hereby created shall ceaae and be nuA and vo?d. ~ It ia underatood that each o! the wonle, "note," "mortgagor" and "moRgagee" reapecUvely and the pron- y ouna referring thereto. wheti~ar in the singular or plural anywhere in thia mortgage, ahall be aingular if one only and ahall be plural joinUy and eeverally, if more than one, and ehall be masculine, feminine and/or neuter. wher- ever the conteat eo implies or admits. And aaid Mortgagor for himself and his heirs, legal representativea, aucceasora and aaaigns, henby covea- ants ana agrees to and arith said Mortgagee, hia legal repre3entatives, succesaore and aseigt~: 1. To pay all and eingular the principai and intereat and the various and aundry aums o! money payabie b~ virtue ot aaid promiasory note, aad this mortgage. each aad every, promptty on the days respetUvely the aame eeverally become due. 2. To pay all and singular the txxea, asaessments, leviea, liabllities, obligatione and incumbrances of every nature and kind now on afdd described properly, and/or that hereafter may be imponed, suffered, placed, levied ' - or aasesaed thereupon, and/or that hereafter may be levied or ~gsessed upon this mortgage and/or the indebted- ness secured hereby, each and every, when due and payable according to law, betort they become delinquent~ . and before az?y intereat attachea or any penalty is incurred; and in ao far as any thereot is oi rernrd the ssme shall be prompily satisfied and discharged of record and the original official document (such aa, for inetance, the tax receipt or the satiafaction paper officially endarsed or certified) ahall be placed tn the hande of said Mortgagee within ten days next after payment; and in the event that any thereof is not eo paid, aatisiied and ` discharged, eaid Mortgagee may at any tfine pay the same or any part thereof w~ithout waiving or affecting ` any opti0n, lien, equity or right under or by ~•irtue of this mortgage, and the full amount of each and every such payment shall be immediately due and payable and shall bear interest from the date thereot until paid at the rate ot ten per centurn per annum and together with such interest shall be aecured by the lien of thL mortgage. ~ S. To place and continuously keep on the bu;ldin~a now or hereaftar aituaLe on eafd land fire and windstorm ' inaurance in the usual standard policy form, in a sum not less than ;...._.....~3a.~1CL;...f~t~~ In auch com- ` pany or comp^nies as may be approved by said Mort~a~ce; and all such insurance policiea on any of esid build- inga, any intereat therein or part thereof, in the aR~re~ate sum a[oresaid or in exce~s thereof, ahal! contain the ~ usual atandard mortgagee dause making the loss ur.d~r said policiea, each and every, payable to aaid Mortga- gee as his interest may appear, and each and e~~ery su~•h po?icy ahall be promptly delivered to and held by eaid ; F Mortgagee; and, not less than ten days in ad~~anre of the expiration ot each policy, to deliver to aaid Mortgagee ~ s renewal thereof, toRether with a receipt for the premium of Aii~h renewal: and there ahal! be no such iruur- t ance placed on any ot said buildinga, any interest therein or part thereot, unles~ in the form and with the loas i payable as atoresaid; and in the e~•ent any aum of money becomea payeble under auch policy or peliciea said ~ Mortgagee shall have the opUon to receive and appiy the same on account ot the fndebtedneas secured hereby or to permit said Mortgagor to receive and uee 1t or any part thereof for other purgosea without thereby waiving ~ or fmpairing any equity, llea or riRht under or by virtue of thia mortgage; and in the event said Mortgagor ahall ~ for any reason tail to keep the said premiees so insumd, or fail to deliver promptly any of aaid policies o! insurance to said Mortgagee, or fail promptly to pay tully any pretafum therefor, or in any r~apect fatl tc~ per- form, discharge, execute, effect, complete, comply with and abide by this covenant, or any part hereof, aald 1liortg- agee may place and pay for auch insurance or any part ~hereof without waiving or atfecUng any option, lien, ~ equity or right under or by virtue of thla mortgage, and the full amount of each and every such payment shall be immediately due and payable and ahall bear interest from the date thereof unNl paid at the rate of ten per centum per annum and together with euch interest ahall be ~ecured Dy the lim oi thl~ mortgage. t 4. To permit, commit or auffer no waate, impairmeat or deterioratlon o! said property or any part thereoi. 6. To pay all an~ singular the co~ts, chargea and expensea, including reasonable laxryer'~ fees and cost of abetracte of title, Incurred or pald at any time by aald Mortgagee because and/or ta the event of the fallure on the part of the astd Mortgago~ to duly, promptly and fully perfarm, discharge, a:ecute, eKect, complete. comply with and abtde by eac2~ and every the atipuladona, aamments, condiUona and covenanb ot aaid promis- sory note, and thls mortgage, anq or efther, aad aaid co~ta, charges aad expenaea, each and every, shsll De Im- i mediately due and payaDle, whether or not there be notlce, demand, atterapt to oolkct or auft pending; and ths a lull amount o[ each and every auch payment ehall besr interest from the date tbereot untll pald at the rate ot j ten per centum ~er u~num• and all iafd coets, chargei and eupease~ w lncun~s4 or pald, togetfier with oucb in- ~ terest, ~hall bs ~ecured Dy the Len oi thi~ mortgage. . BO~K PAGE ~1~ ~ ~ r ~ . . W r _ , , ~ - - - - y'"' " .~-x° ~~.,w - - -