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l~OR VALUE RECEIHED. M+~ rni~si~~, a~' ~~Ily. ~ROMIfE Ta ?AY 1~ 11+~ Kdw ~f.... . .
.~~.~.~s~.~fi.~... ..~.,_..~alrll~s~_.~.__h~.S_._SN.~..~~ . . .
--sixt three thousanC~--dO~~l~~...~n~._t1.4...S~~C,~-_- DOttARS;
- -
,t 41 ~~Chattmal~.,._NQ~~~.__M~~h~ .~.$25.4.- or wcl~ o1k~? aa ~a tl~~ ho1dN
i+«wf ~aay le w~iNno Ip~+i~K whh t~t~ns1 1rom n. a___ j..~~?~'.~-'~•$~•----••--•-. .
af tM raf~ sfa____ i!L.a _ pK a~M~M pK annun~ oe th~ ut+paid b~l~nc~ vnHi m~tutity. TM uid p?i~cipal and Int~~~a ~hali ~
b~ dw and p~yebla at hllews: ~
` The entire sum due and payable 90 days from the date ~
shown above. ~
In the event more time is required, the note can be
extended for an additional 90 days at 11~ interest and can
be prepaid without pena3.ty. T}iIS NOT SHALL NOT EXCEED 180 days. ~
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N~«rk r. t« ~.ri a~. ~ar~~ ,.r ~..~.N...~ r.w~~y.1 « w Mr 11» wA~b sr~ M~s r~M~iwiw~ ~
~M~ rrilh Mf~~1 ~aN M Mi~~ ~w w~~ ~:raW~ ~r'~ol w~1iu. f~iW~+ t~ •:NCiN ~v~A »Ii~w ~A~N M1 c~ti1N~ w~ire~ •f tlu y.
ei~Y q~a«s1a M» s~ Iw IAs ~wwt d w?»~wwf ~f~rh. Aha w~+rM1? M~M r•i~si'al a~~ ~sl~irilK,i~~+~ ~+M b+~ iwhe~s~ N j b M? ~~wtww ~
rr ~w~ wW iM w~k~s ~~w~n w+iw ~~+wJ. w~Nu w~~N +w1 ~e~NSf. M tl~ M?~ i~ ~e~ '+i~ a~
wNwilr wJ 1M~ ~w~ wNb w~ NN~w~y s+q~diM, IIw w~k~n ~w~ a~M~s~n A~h~F •~ns 1~ F~r ~II c~sM ~1 c~IM~fi~. iachrris~ all ssrn
- cwM w~ ?~aaM~M Nl++w~y f~. •
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- . _ . - . . (SEA~)
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:~i~i~i~Jr~i~i~i~i'~i*~~.~i'~l~~YiA~+~a?~l~iM?b'J1~i~i~i~i~i~i~i~i~i~i~~~i~i~i~i~i~i~i~i~i~i~i~?~i~i~i~i~i~i~i~i~i~i~.~i~i~il~i
; and shait duly. promptly and fully perform, discharge,'execute, etfect, completP, comply wlth and abide hy each
and everv the atipulaUone. agreementa, conditions and covenanta ot said prom~ssory note and ot thle mortgage.
then this mortgage and the estate hereby created ahall ceaae and be null and vQid.
. It is understood that eacD oi tha wonia, "note," "mortgagoY' and "mortgagee" reapectlvely snd the pron-
auna referting thereto, whether in the singular or plural anywhere ln thls mortgage, ahall be sfngular it one only
and ahall be plural ~ointly and severallp, it more than one, and ahall be meaculine, feminine and/or neuter. wher-
ever the context so impliea or admlta.
" ~ And aald Mortgagor for hicneelf and hla heir~, legal repreaentaUves, auccessore and uslgr~a~ henby covea-
- ants ana sgrees to and with eaid Mortgagee~ hIa legal representatives, successore and saeigns:
i. To psy ~ll and aiagular the principa! and interest and the various and aundry euma ot money payable by
~ elrtue of iald pmmlasory aote. and this mortgage, each and every. prompUy on the daya reapectlvely the sara~
eeverally becomn due.
_ 2. To pay all aad singvlar the txxea, asaesaments, levies, liabflities. obllgatione end incumbrances of every i
nature and klnd now on aaid dtacribed property, and/or that hereaiter may be Imponcd, auttered. placed, levied
or seae~aed thereupon, andlor that hereatter may be levied or a.+sesaed upon thls mortgage and/or the indebted-
neas aecured hereby. each and every, when due and payable acrnrding to law, betore they become delinquent,
and before any lntereat attaches or ar~y penslty Is incurred; and in so far ea any thereof ia of record the aame
ahall be prompUy satisfied and dlscharged of record and the original official document (auch as, tor inatsnce.
~ the tax nceipt or the satlefacUon paper otfictally endorsed or certitied) ahall be placed fn the hand9 ot aaid
= Mortgagee :~vithin ten day~ neat alter payment; and tn the event thai any thereot is not ao paid, astiefied and
discharged. aald I?tortgagee may at any time psy the same or any part thereot ~s~ithout waiving or affectIng
any option, lien, equity or right under or by ~•irtue of lhis mortgage, and Lhe full amount 6f each and every
auch payment ahall be imn~ediately due and paynbfe and shall bear interest from the date thereof until paid
at the rate of ten per centurn per annum and together with such intereat ~halt be aecured by the llen of thte
mortgaga -
8. To place and continuously kepp on 'he buildin~s now or hereafter ettuate on aald~land fire and wlndstorm
Ineurance fn the usual standard policy ferm, in a sum not less than s ................n~a._............................... fn r:.~ch com- 1
pany or comp^nics as may t,e approved by said Mort~n~ce: and alI such insurance pollciea,on any ot said bulld-
ings, aay intereat therein or part thereof, in the aRfiregate aum atoresaid or in excesa thertof, she~ll contain the
usus2 standard mortqagre clause making the loss ur.der said policiea, each and every, payable to aaid Mortga^
gee as h1a iniereat may ap~ea~, and each and every su~•h pnlicy ahall be promptly delivered to and held by eaid
_ Mortgagee; and, not lers than ten days In ad~~anoe of the expiration of each policy, to deliver to aafd Mortgagee
a renewal thereof, to~ether with a rec~ipt for the premium of ruoh renewal: and there ahall be no such inaur-
- ance placed o:? ~?ny ot safd buildInga, any intereat therein or part thereot. wiltaa in the form and wtth the loes
psyable aa atoreaafd: and in the event any sum ot money becomes payabie under such p~llcy or policies aald
~ MortE;agee ahsll have the opUon to receive and apply the same on account ot the indebtedneaa aecured herzby or
to permlt satd Mortgagor :o receive and use ft or any part thereot f~r other pur~oses wlthout thereby waivfng
- or impafring any equlty, lfen or right under or by virtue o[ this mortgsge; and in the event satd Mortgagor shall
for any reason tail to keep the aatd preml~ea so In.9urnd, or tail to deliver promptly any ot aa~id pollcies oi
laaurance to aaid Mortgagee, or tall prompUy to n1y tully any premtum tl~erefor. or in any rea~pect fall to per-
fonn, diacharge, exrcute, etfeet, complete, comply with and abtde bY t,'~Is covenant, or ar?y past hereof, eaid Mortg-
' agee may place and pay for ench in~ursnce or any part ihereoi without walving or attectlng any option. He:?.
equity or right under or by virtue ot this mortgage, and the tuU amount oi each and every such psyment ahail
~ be fmmediately due and payable and ahaU bear tnterest tmm the date thereot untq paid at the rate ot ten per
cenium per annum and together wlth auch Interest shall bs secured by the lien ot this mortgage.
4. To perrNt, commtt or suffer no wsate, impairmeat or deterioraUon oi sald property or anq part thereol.
6. To all and ain
r pay gulu the coete, chdrges and expensea. 1ncluding nasonable lawyer's ices and cast o!
~ abstracta ot t1qe. fncureed or pald al anq ttme by sald Mortgsgee becsuae snd/ur in the event of the tallure
on the part ot the satd Moetgagor to duly, promptly ana Nlly perform. dLcharge, execute, eKect, complete.
oomply wlt1~ and abfde by each and every the attpulatfoni. agreementi, candiUons and covenanb oi eaid promis-
" aory note. and thls mortgage. any or etther. and sat3 cosirs. charges and expenua, each and every. ~hall be Im-
medtately due ~ad psyable. whether or not there be notice, demand, aitempt to callect or ault pending; and ths
!Wl araount of each and eYery ruch payment shall beu lntere~t lroa~ ths date tbereot nntll pald st the nte ot
ten p~r centum per annum• and all ssid eosL, charges sad s~cpanss~ so tncuretid or pstd, tosether with such 1a-
terest, absll ~s ~ecured by ths Uea of thla moKgaga.
~~53 ~ ~oses ~
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