|
srue of prulrla. vet cots nau peirmitt cV b ~ rrhe nc c', t~.+ ".Y~,~- - _ ~t i 1:ha2 tt th lbYcrnr ~ ~d Prup } ~rv :r.ry portion
<br />rh_reaF sl~lail b:. taken or ei.atr~a~ag.v$ under the. pa;rr,yer c.,f eminent aiorna!irv„ ithe awaud fir ar,y pr }, iro'ry s r tabacrr orr arts t14~e=.:n ;itrcP~uding
<br />severance dn~m ages to Eite r~enuainin,~ promises) sh ~~all be paid tr.r the Mortg~~~agre anti appli¢d in fu6l cur in part :cr. [h nptarnn nf~`~ fire M<Irrc-
<br />gagee in reduction of the indebcedress hereby secured: ~~; thxt the Mortgagee shall have the right to inspect the Mvrgaged Property
<br />at such reasonable times as the ~'iortgagee may des±re to determine the 47ortgagor's compliance with the covenant tontainr-d in this
<br />Mortgage: (~~ that the Mortgagee may release from the lien hereof any parr of fir<' above-described real property without requiring any
<br />consideration therefor, and YI) that he is lawfully seized of said premises in fee simple, that the same art- free from encumbrances
<br />except as mat- otherwise be specifiealky noted ircrein or waived in writing by the Mortgagee, that he will execute or procure any
<br />further necessary assurances of title and does hereby warrant generally the title to said premises and will forever defend the same
<br />against the claims and dernands of all persons whomsoever, and that iris separate es'ta[e, whether yes*_ed. contingent or in expectancy.
<br />is hereby conveyed and he does hereby espressly waive, release and relinquish a(f righu and benefits of any homestead. dower, curtesv,
<br />appraiscntent. exemp[ior. and stay laws of this state. It is agreed that the interest provided for in sub-section '_gj above ,hall 6e 1 2'o p.rr
<br />annum or cite highest lawful rate pennita•d by contract under applicable la•x, whichever is lesser.
<br />SECOND: That if the Mnrtga~or shall dcf:ru it in the payment of the Nate or in the performance of any of the covenao is or agree-
<br />ments herein or in the Note are in any agreement collateral hereto rontained, or if the che^ owner of the Mortgaged Property shall
<br />make an assignment for the benefit of creditors or ,h.lll file a petition for relief under the Bankruptcy Act of 7898, as amended, or
<br />under any similar statute. or shall he adjudicated h.~nkrupt or insolvent, or if any receiver, liquidator Or tntscrc sha0 be appointed for
<br />such then owner or any of his property, then in such event, the entire indebcrdness hereby secured shalh at the option of the Mort-
<br />' gagee and without notice to the Mortgagor, be due .Ind cnliectible at once by judicial foreclosure proceedings or as otherwise provided
<br />by law, or, when available under applicable statutes or rules of practice, by advertisement and sale, and in such an event this provision
<br />shall be deemed as authorizing and constituting a power of sale as mentioned in said statute3 or inlet; [hat in addition ro the rights and
<br />remedies herein; the Mortgagee is hereby authorized and empowered at its option to exercise forthwith and from time to time any
<br />further rights and remedscs available to the Mortgagee under the laws of the state wherein the Mortgaged Property is situate, such as
<br />the right to collect the rents, issues and profits, or to have a receiver appointed to collect the same.
<br />THIRD: The following schedules; is dare, annexed hereto and made a part hereof i;if no entry, this section is inapplicable};
<br />FOURTH: That the covenants herein contained shall bind, and the benefits and advantages thereof shall inure [o the :r.pective
<br />heirs, executors, administrators, successors, and assigns of the parties hereto. In this Mortgage unless the contest otherecix requires
<br />words in the singular number include the plural and in the plural include tl:e singular, and words in the masculine gender shall include
<br />the feminine and the neuter.
<br />1N WITNESS WHEREOF, each of the undersigned has signed, sealed and delivered this Mortgage as of the day, month and year
<br />first above written.
<br />~~ ~FFygj~(~
<br />Loren D. Bilslend
<br />,~ .~.* ?
<br />STATE OF ..............1~L'BR.(~.5~.............. .. ~'.,,/'.r:%w.t~a~ r~...~ ~ ~' ~ fit;f fr~.-...iSeal)
<br />Emma M. Bilslend
<br />_ _ s>.
<br />COUNTY OF ... ~1,1. _ . _.. _.. _(Seal;
<br />t . ~G.9d.~ ,). /19° C'~/~C;f~ 1 N<ran' Public in and for said Count}' and State, do hereby certify that
<br />=_.z this....... x ~ clay c:f ~7 ~~'1 ^'~'-"''' 19 7.~_ . nersonaklo app~artd hefore cnc th. within named -.~OI'P_t1-._D....
<br />~~.~.S~~fit~ .$.I24~. _ ~~ ..~'#.- _$a.l Blend,.. X18-.Stil~P j . .. ........ .. ._ _ ..... __.. _ ._._.
<br />to me '<nowtr Co be the individual: s described itr and x°tto executed and whose ~arne,,s? is (are? subscribed [u tare +.n•itttttt and ft;regai:rg,
<br />t..,.....,~ ~,_. ...... _.... - ..- t..., 3tt...R: ., ... ~..... -lame .tS ~R
<br />;. s _ument r- --,fly __ v~,-< Inr - -- -_ -it;r - - ... -r., ..... ._..
<br />fez and vaiuniary act and 3eci,, `,r the ores and purpv5es ehcrrra mentioned.
<br />GIVEN under my hand and official seal, the clay and year in this certilcatc first above written.
<br />(Beall ~ !`
<br />My commission espirrs ~,, "1,{~ `~ ;~' ~c7 ~.3 ,/ /~-e C +~-s~~~! ~ tt:` ~~!~~ ... .....
<br />i z ~
<br />. Nolan i uhltr
<br />lf.!
<br />N.B, if executed by corpararion, corporate iorrn of acknowledgement must be attached.
<br />iolT4#I'+1~tN A Mtt,ytt
<br />~~
<br />M-~- ~liA6 a 1N!
<br />
<br />
<br />~""
<br />~ *i,.t
<br />W i ~ ~
<br />u, s ~ r
<br />c „ u
<br />
<br />r cL
<br />~' s"' ~
<br />t.;
<br />w
<br />~
<br />~
<br />_ _
<br /> r~ G
<br />m
<br />~JJ!
<br />i~
<br />~ ~' ~ y «c
<br />c
<br />-
<br />-~y u
<br />m ~
<br />--
<br />ca '' rr
<br />"`~ 1
<br />s
<br />w !
<br />x rte` ~ .. i-- ~
<br />~ CSI: ~~
<br />.
<br />~ ~°'* }~- r? G ~
<br />s t.') L.5
<br />W i'~^
<br />w
<br />lt..,
<br />~"
<br />
<br />
|