81004495 - Laserfiche WebLink

Browse

-The intention baing to corruev Hereby mr absolr<te liNe in fee simple, inr}ndiny all The rights of homestead and dozuer. TO HAUL AA`p TO HOLD tha premrises above describad, with atl the nppvrh>nances thereunto belonging, wrtn the said mortgagee (s) and to his, her or tlet+it hairs mu! cosigns faraver, provided al_vays, and t~¢se presents are upon the us press condition that if the said-~ttartgagor(sj, his her cr t1;au~ heir-s, a:rrcutors, ad»rinistrt¢pars or assiyns .-- shafl pay or cause to be patd-to thu soad mortgagee(s); htr, her or them hems, ctarutors, adnrunstratprs_ or asslgtu, the principal sum of sa~;soo:oo payable ets-follows, to z+nt: IN ACCGRDnNCE WI1`H TGRMS OF-A PRO- MISSQRY-NOTE - with inleresk acegrda'nq to cite-.tenor nnd_'effeet of the mortgagors written prounissw'y note bem~ing even date with these presents and skalt po-y-all ta.zes'nnd assessments levied upon said renf estahr, and all other tares, levies and nssessmmrts lea7ntl upon this mbrlydge or the srafe ~zv(~ich !his mortgage is given to socure, bejare the saran becomes dcrlinguent, and keep t!re buildings on said premises insured for the sutra of $ 87,500.00 toss, if mr}~, pn}'a61e to the said _ mortgagau, thin these presents to be z:oid, otJwntnse to be and re»rain in full form. IT IS RURTI~IE12 dGFE. £;D (tj 'That if the said mortgagor shall fail la ;ay sur/r fares or procure scab iH- surance, the said mortgagee Wray pay arch hr.res and procure such insro~nnce; and the sum so advanced, udth interest at 16~ per rent, shall be repaid by said mortgagor, and this ntortyaya shalt stand as security fsr the same. (aJ Cleat a fnihrrn to pay any of said money, either principof or interest, udren the sane becomes dur, or n failure to campty with any of the forngoinp agreements, shall nr use fire whole srun of +noney herein secured fo beconw due Word collecfible at ono at thu option of the rrwrtgayec, .Sigrcd this 31st day of r\UGUS2 !rt presenrr of ro81 ~^' t.~