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81006265
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Last modified
3/9/2009 4:41:29 PM
Creation date
3/2/2009 10:56:18 AM
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DEEDS
Inst Number
81006265
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<br />i e:~c~ed' the sum as evidenced Yry said note in the amount of O*re <br />'. fi,ai:dred Fift<_r Thousand Dollars tS15d,OQO.t~O). f <br />This mortgage is subject to a prior. lien. to the Federal <br />Land dank of QsRaha in the original amount of Eighty-Eight <br />Thousand dine Hundred Dollars fS8t1,9{30.00} dated. April 25, 1979, <br />and f>ied April 26, 197"9 in the Register rsf Deeds. of Hall. County,.. <br />as Document.~to. 79-gb2449. <br />This mortgage is to lac void upon payment in fu11: with <br />interest of any obligations, present or future, secured or to be ', <br />: <br />~~ <br />secured. hereby. <br />,~ 's`he mortgagors, and each of them, hereby warrant- that. <br />they are fee owners of the :^.ortgagad real prnperty, that they <br />,l :;::.1' Mufe;u thm title ~nanct al.r claimants, whomsoever, and. ghat. <br />'~ sand progeny is free of all encumlarances e_~cept the first <br />`} mortgage, above described, and further covenant and agree as <br />fallows• <br />;G I. "mates and r'~ssessments. Mortgagor shall pay each <br />~~ installment. of all taxes and spe^.i.al assecsrfe.2ts of every kind, <br />j now. ar hereafter levied and assessed against. the rxortgaged <br />{! <br />!~ property ar an°y ~~4 rt thererf, b~efcxe the same became delircluent, <br />witssout notice sar tieaStand. <br />;, <br />i~1 l:nsurasace. ?iort~agor Foill keep the improvements <br />'l ttacated cn the real estate insured in an amount er~ua.l to the <br />~~ <br />;~ actual cash value against lass by `ire and e:tterded ::o~rerage <br />~~ izssurant:e. This insurance shall, in all. respects, be <br />datisfactory to ~[tartgagee aad shall contain a standard nortgage <br />~. clause in favor of the ~4sartgagee and ar. endrsrse3nent requiring ten <br />days notice przar to cancellation or significant modification. <br />`"'rie mortgage clause sl~ali s2xow the interest of the =tartgagee as <br />~f <br />f cznior anal snferxc?r :only '~=a the rights of r_he first. t2ortc3agee as <br />abcv~ provided.. <br />I <br />;~ 3. iondtic~n of r~ortc~Ca eta Pranerty. ?~lort.;agar tii <br />:1 wi',1 peep +-:~ mortgaged propevt~• and a13. buildings and. athex- <br />1 i~~±u^,.rF~r~~~slts thergc~n in good condition and repair, fiiil will <br />c~ :~z-;- bsiLkR X11 ?+'~aas antl recruiatins aF all a~~~blic ar:.~i:a-i~:i.e~~: <br />f'~au~x~9.~~sm+a ~gv ..-_ 1,. .. .^, t:~ :..4 t:~#!" ",'YC9:'#C"~r"d°,&ft~ ~°"{J~2.'b'V' t5 ~." e. ~i `.~., ..AS~+ hi~~'~. yR,~. f~> ~7.».~ Wx2, _<. <br />dK.au2 esi• wf~irrti <br />~t7~lklf'.IK.nY.i.3 )! <br />¢~eu4+:a w~s-r~rar <br /> <br />
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