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HomeMy WebLinkAbout0996 { . LG4S?tof?'.•1rS?LS.L{?4G~~. 2.~~.~Q4.,.94..~~_.... ~1P?~~_~?..._._.....~ . ~0 9.7... . s... ~ROR#!SE TO'AY t~ tM ord~r of........---•--•• I~R W1lUE RECEIVED, tM dtrsi~~wd ~olntir and s~v~rally~ Ylf ~ Josea~ ~nr; aht and Irap,a._Enr~.ght.. .hia..wife.._____.._.~..-------_......_._._...-- - p~tU?RS, ...~wentv-f' ~i~.~ic~1QII----= ~-------.--.----~--~_~T.~~,._~~,.....~.... Flt~icils..._3~~5.7..__...__~..or wch oth~r pl~a+ as ~h~ holdK S 60 Aqua .~Y~-x~.V.~.~.3sma8n..8e~ch~.. ~ . at hs~+of nur d~sl~nst~ ie writino top~th~r with int~nst from at tl+~ nt~ of -0- p~ cyMum pK ~~nuas a+ th~ unpaid balana tinNl maturi~y. Thri said princip~l a~d int~nit ~hail b~ dw an~ ~v+.~.~ as folbwu 60 monthly payments of ;417 . 00 commencing May 2, 1987 and .~o:.'tnuinq on the same date of each suCCeeding month thereafter until ,~a: ' - 111. This not_ „~as be prepaid at any time without penalty. 3 ~ +a i~ tiM p+lr~t ei s~r iuiaqiw~t ~I ~Md?a) « Ma..n ..r ~u+ ~.h.f, tM wMM s~~ Mw~ nw~Miq M Afarlt w~ais 1~+ tiM ~lup wN se~i~i~v1~ l~ w~iwe ~f dw w~p~i~ wdb i~Nr+N ~ N 1»I~N's q1{M ?~c~wv ~w +w~ ~araW~ wi1AeW MNu. failw+ a crw~ MhnM~l ~haD b~s~ i~Nrefl ~I .-_.~.s4.... p~r anfwM ~IU h~~~ Nw s~ t~ 1iw ~v~1 ~1 wb+.~w~t ~t~vlt. /lfta uurwity rs1A' w~ut awd ~N~se. li tl~k ~eN h ~o~ paN a~ p~r ~rw rstil '+i~. ilN ~~rs ad Md~++an d IAis wN~ fwtM~ ve~iv~ i~wsn~, wwiu ~f e~aY ~u all eo~t~ ~f e~IbetiN, Md~~ atl s~~~t ~ ~ w~twih? ~w~ IM saw~ k~1~cd witA M+n+n~~y fK ulbctww, tM w~k~n a~J Md~n~~s Mn~F ro MY swb ~ NNnNr ha. ~ l . _ _ ~ - ~5~~ . ' ~ . GE E B ~ CHE • ----------------------•--.(SEAt) A~~O RENEE BRASCHE ` - - - (SEAL) ~~y~~ Iv~`?+~Kl~I~~~i~~I~I~I~~~IlI~~JfJ~J~I~~1~~~1~111~JfN~~ ~ ~ ~tfJ f t f ; and sl~alf duly, promptly and fully pertorm, d~~~harge, ex~out~. ett.•rt, con,plet~, romply w~Lh and nb~de by each ~ and e~'en• the sUputauon~, agreementa. ~onJd~u=is and covcnants s~ud pr~~mis~•~ry note and ot this mortgage, i then th~s mortRage and the e~tale hereby created shall cease and be null and ~m~t. ~ It ?s underslood that each of the Korda, "aote." "mo~tRagor" and "mortRagee" respectively and the pron• ~ ouns referring thereto, vvheiher in the ~inguls~ or plurnl anywhere in c: ta :nnrtgage. ~hall be aingular lf one only snd ahall be plural jointly and severally, it mure than one. and sh:tll t?c ~nn.vculine, leminine and!or neuter, wher- ever the context so impliea or admits. ~ Md sald Mortgagor tor hlmaelt a~;.l his heir~, legal representatives, successora and a~sign~, hereby coven- ~ ants ano agree~ to and with sald Mortgagee, his legal repreaentative~, succ~ssors and as~igna: ~ 1. To pay all and singular the ~?rincipal and intereat and the various and sundry aums o( money payable by virtue ot aaid promissory note, and this mortgage, each and every, prompUy nn the day~ re~pecUvely the aum~ ae~~erally become due. i ~ 2. To pay all and singular the taxe~, assessments, leviea, IiaDilitie~, oDli~wtinn~ and t~cumDrances ot erery nature and kind now on said descnbed properly, and!or that her~after may be ~mposed, Au(fered, placed, levied ~ or assessed thereupon, ar.d/or that hereaRer may br IrvieJ or assrssed upon th~s morQgaRe and or the ~ndebted- ness secured hereby, each end cvery, v~•hen due and payable accord~n~ to law. before they become delinquent, and brtore any Inte.?est altaches or any penalty ~s uicurrrd; anJ ~n vo far a~ wny therPOt ot record the sams shall be promptly satistied and dischargrd of record and the onFinal otf~c~al d~cument (auch a~, for instance, ; :he tax receipt or the satis(action paper officially en~t~r:u~d or .•ertif~eet? ~hall be plnced 1rt the hnnda o[ aaid MortRagee w~thin ten daye next atter payment; nnd in the event th4t any thereof ~s not so paid, antished and ~ discharged, aaid atortga~ee may at eny lime pay tfie samc or any part thPrent Kithout wa~~~ng or a(fPCiing any option, lien, equity or right unArr or b~ ~•irtuP of ihis mortgagc, and the tull amount of each and every such payment snall bc irr.mediatPly due anrl pay:?ble ~nA ~hall bear intcrest [rom the aate thereot until paid at the rate of ten per cPntutn per annum and t~~elh~r anth such interest shall be aecured by the lien ot thi~ ~ mortgage. 3. To place and cont~nuously kePp on the bu~l~l~n~s now or hereafter altuate on ~aid tand fire and windstoran ~ in~urance ~n the u~ual standard poli~y form, in a~um n~t les~ than i ~XZMVi!'I . In ~uch com- ~ pany or comp^ ~i~s as may be appmved by sai~l Mnrl fia~~~e: amt nll Aurh ~nsunn~e pohcie~ on any ot a+lid build- inga, any intPre~t therein or part thereof, in the a~~r~Fate aum a[orpaaid or in excess thereot, ahall contain ths usual standarA m~rt~aqe~ clnuse rnak~nR tiie l~~~s ur~ir~ ~a~d (?ol~~irs. ea~h and every, payable to said I~tortga- ~ Qec as his ~nteres[ ma~• appear, and ewch ard P\'P: p se~ h pnhcy ahall be promptly Apli~•ered to and held by aaid ]?tnrt~agee; and. not les~ than t~n daya in a~1~•anre nf the Pxpiration ef each policy, to deliver to said MortRaRee ~ rene~val there~t, teqether Kith a receipt tnr thP prrm~~im nf a~~~h rrnewnl: and th~re aAsll be no ~uch insur- anre placed on any of Qaid buildinR~. any ~nlerest th~rein nr pnrt thercot, ur.le4s in the [orm and with the lo~s ' payable aa aforesaid; wnd in the e~•~n6 any aum of money brcomes payable under +~ich pollcy or ~licie~ said ~ Mort~;~~ee shaU ha~~e the opti~m to rect?ve and apply the ~amP on nrcount ot the tnde~tedne~s secured hereby or ~ to p~rmit aaid :?i~rt~a~or to rer2ivP nnd u.e It or eny part thercof !or other pur~ses without thereby waivtng ~ or impairin~ any equity. llen or n~ht under or by virtue o[ thi9 mortgaRc; and in thr event said ~[ortgaKor ahsll , tor any rPnsn~ f~,l to kpPp thc saiA prpm~+~s ~n in?urod, or tail to dellver promptly any ot sald policies ot iaturanc~ to said Mnrt~aRFe, or tail prompUv to piy fnl3y any premiwn therefor, o~ in eny respect tafl l~ per- ~ i form, d~tcharRe, exrcute. effect, complete, comply ~th nnd abide bv tnis covenant, or any part hereoi, said Mortg- ageP may placr and pa?y f~r such in.urance or any part tl:ereof withnut walving or nt[ectlng any option. 1i~n. equity or riRht under or by virtue ot thie mort(~aRe, an~ th~ tull amount of cach and every such payment +haU be ITnmedislely d~tr and paysb'.c and shall bear In!.rest fmm Li~e date thereof until paid at the rate o[ ten per . centum per annum nnd together with ~uch Interest shall be secured Dy the llen ot Ws mrrtgs~Ge. i To permlt, comm~t or eufler no waete, Impairment or deterloratlon ot sald property or any part therrof. ~ 6. To pay nll and sinRular the co~ts, charges aad expcnses, including reasonsble ]nwyer'~ fees and cost oi sbstracta ot title, tncurrcd or pald at any tlme by sald Mortgagee becauae and/or tn the svent ot the fdiurs ~ on the psrt o[ the ~atd MortgsRor to duly, promptly and [ully perforra, dl~charge, execute, eKec~ complets. i compty wlth and sblde by each and every the stlpulatlor:~, agreemenb, condjtlons and covenanb of aaid promL- ! wry notc, and this mortRage, any or eltht~. ~nd safd co~U, shargea and e~cpenses, each and~ every, sball Ds Im- y mediately due and paysble, whether or not theee De notice, demand, attempt to collect or sult peadinK: ~+d t~a iW! amount ot each and every ~ucA payment:~hall bear tntenst tmm N~ dat~ thsrcot unW pafd at the nte ot ~ ' ten per centum per annum: and all ufd co~L, ch~r~e~ and ~~[pen~w w lncutred or pald. tosether w?1th sueb in- ~ ~ terest~ ~hW D~ ~ecwed by th~ Uea ot W~ mort~ap. ~ # E ~0537 Pi~E09~4 -~.r.:: . _ ,