|
R7�K0,9n,,
<br />according to the terms' and 'con 0.118 ore certain'executed saidOSS, IL -
<br />W.,
<br />said party of the second part, bearing even date herewith, and shall well and
<br />truly eJp 'an perform all and singular the covenants and agreements herein contained, on the part of the said
<br />part of the first part to be kept and peyformed, and of the. note accompanying
<br />this
<br />mortgage,Ross M..Koen and Besse D. Kben,
<br />then this, mor.tgage, to mill and void. And thesaid,
<br />his vift da—further covenant and agree to pay the sum of
<br />money above specified, and the interest thereon, at the time and in the manner above mentioned; to pay all taxes
<br />r and assessments of every nature, that may be assessed on said premises or any part -thereof, and to deposit
<br />the receipts therefor with said second party, its successors or assigns, previous to the day appointed by law for
<br />the sale of lands for, such taxes; to pay all taxes assessed against the -mortgage interest hereby created; also that
<br />-they—do—hereby exercise the option to have the interests of mortgagor and mortgageeinsaid real estate
<br />assessed, and taxed together to the mortgagor, without separate valuation; and also that—Ae-y—hereby irrevocably
<br />requesttheassessor of the assessment district wherein said lands lie and his successors in office to assess the interests
<br />of the mortgagor and mortgagee —hereunder to the mortgagor, without any separate valuation, and waive --
<br />the right of offset orAeg fti%%-�
<br />ggeg
<br />lWreafter provided by any statute; and to keep the buildings on the said premises
<br />,y o
<br />at all times insured, vmfisfia�the said mortgagee, its successors and assigns, against loss or damage by fire or
<br />lightning, for at least the sum of = Thousand Dollars and by tornado insurance for Three Thousand
<br />dollars, payable, in case of loss, to said party of the second part, to the amount then secured by this mortgage, and
<br />deposit policies therefor with said mortgagee, its successors or assigns, and that in case of failure so to pay said
<br />o taxes, or to keep said buildings so insured, or so deposit tax receipts and insurance policies, the said party of the second
<br />3 part, its successors and assigns, may without notice, pay and discharge such taxes, and effect such insurance on said
<br />buildings, and that the sum! or sums which may be so paid by said party of the second part, its successors or assigns,
<br />q
<br />4 in the discharge of such taxes, or in effecting such insurance, shall draw interest from the time of such payment, at the
<br />i rate of -el d1t per cent per annum, and shall be an additional lien upon the premises above described, to the amount
<br />which shall be so paid, with interest thereon as aforesaid, and shall be collectible with, as a part of, and in the same
<br />-manner as the original debt which this mortgage is given to secure. If default shall be made in any of the conditions
<br />or covenants herein, or in said. note contained, and such default shall continue for the space of no —days,
<br />the whole of said principal sum and all the accrued interest thereon shall thereupon at the option of the said party of
<br />the second part, and without notice to said mortgagor, their -heirs or assigns, become and be forthwith due and
<br />payable. The said parAO—Sof the first part, in case of such default and the continuance thereof as aforesaid, do.—
<br />hereby authorize and fully empower the said party of the second part, its successors or assigns, to sell the said prem-
<br />ises at public auction and convey the same to the purchaser, agreeably to the statute in such case made and provided,
<br />and out of the moneys arising from such sale to retain the principal and interest which shall then be due on the said
<br />note --together with all the moneys which the said party of the second part, its successors or assigns,
<br />shall have paid for taxes or insurance, with interest thereon and all costs and charges, and reasonable
<br />d'4WMP= attorney's fees, and pay the overplus, if any, to said part -19k --of the first part their executors,
<br />administrators or assigns.
<br />And the said Boss M. Koen and Besse D. Koen, his wife ies
<br />of the first part, do— hereby agree to pay to the said The Joseph M. Boyd Company, party of the second part, its
<br />I successors or assigns, in case of the commencement of a foreclosure of this mortgage, a reasonable sum as attorney's fee
<br />. I in addition to the taxable costs allowed by law.
<br />In Mattinang M4erraf, the said partlOs
<br />of the first part ha VO hereunto set. their -handA_and
<br />seal El
<br />the day and year first above written.
<br />SIG ED. SEALED AND DELIVER M- IN PRESENCE
<br />OF
<br />[SEAL]
<br />4
<br />[SEAL]
<br />-'OF
<br />SPAT A
<br />WISCONSIN, T T
<br />[SEAL]
<br />DANE COUNTY.
<br />On this 10th day of February —A. D.
<br />19
<br />before me, a Public
<br />Ho so M. tmd Besse D,
<br />within and for said county, personally came
<br />Koen, W -1f 16
<br />-Koen
<br />to me
<br />known to J* tlieAppl�qp 0 described in and who executed the foregoing instrument, and, tbe-Z acknowledged that
<br />e e same freely and voluntarily, for the uses and purposes therein expressed.
<br />F
<br />i0ir expires
<br />Notary Public, Dane Co., Wis.
<br />
|