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<br />The Stl;lte of
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<br />} KNOW ALL MEN &HESE PRESENTS:
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<br />That UC.._..B......!.......rf.Uf.%.....lfQ'-'tJ:...of...Cbl.
<br />Clty of ,la 'orto aDd ~lovi8 D. *Iln, ~1t}' 01el'k. of City of La Iol'te, actl.. for City of :::":~~
<br />of............n~.I...............County............~,I.........................., hereinafter called the mortgagor, in consideration of the sum of
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<br />one dollar to me in hand paid by............~...~~.~.__~~.~~..~.~..................._.................................................................~ a corporation
<br />hereinafter called bank, and for other valuable considerations, receipt of which is hereby acknowledged, have bargained, sold
<br />and conveyed, and by these presents bargain, sell and convey unto said bank, its successors and assigns, the following described
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<br />personal property, now located and situated in the County of.............B4t.I'.I.lI................, State of.......'I'~...I....._.............., to-wit:
<br />(ll moi'tJrase covers lP'Owlns croPs. state the kind and the approximate number of acrt'll. of each. Fully describe all live.tock, sive number, kind, ase and brand)
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<br />-r-e
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<br />Form 0-2
<br />4-17-47
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<br />COUNTY OF
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<br />Hal'd.s
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<br />ODe (1) - Uea4 a..metl'atol' U"'-1"4a1'C0 Hodel 10->> Motor Gradel', With CHi: 4..71 Die.el
<br />eDll_,' iDCluclS.oa 11.tooth t'V_IJpeh SUl"iftel', Hiachlae Serial Mo. lODG-119364,
<br />IGaioa 110. 4A-8S4Jl. plu~ other 8tandard equtp.lltl,
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<br />OM (1) .. locenatloaa'l 'i1'8 'leuck, 1960 Hodel, lID. No. 'VCO-196-'A-660'5,. 5 'Ion.
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<br />OM (1) .. 1..275 Int_national Di...l 'Iractol', wlth "0 60L Cutter _IUS ADder,oll 'II
<br />B)rdnultc .1." lbin& MoWt;.' aad o~her .~dari 84td.p_Dt accac'-d;
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<br />Oaa (1) - 1963 '01'4 Pickup, :1/2 Ton, 6 C,l. ~ Ho. H~. F10Ja 362880;
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<br />ODe (1) .. lt63 'ord 4-Door v-a, Mo. Ho. JJ54, 13114&
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<br />ODe (1) · 1963 rON Pf.ckup' 1/2 TOD, 6- Cyl., Mo. No. rl0Ja36U81
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<br />0Qa (1) · 1963 CIl.-n-olllt 1lI'Uck 6<,1..' 'tilt Cab 6 C...l., Model or 6803;"S. )fo, Ro.Il3'r683
<br />. P 103280, e(ulpp*! with 2 .. Cubic Yard PM-MOa .'PGR Collectionlocl,.Hodel A'I 20a aDd
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<br />aatlclp.~d curreat ...waue 11'01I ad .alodia tuee ia aft aWI'OJdmate aaioUllt of $32.5.633.00
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<br />together with aU of the Ineiease of, from and to, the above described proPl!1't7, prior to the full payment of thl!' Indebtedness hereinafter referred to. Also an
<br />other cattle, sheep, hop, borses and other IIve.tock situated In .aid County afore.ald now owned, or that may be hereafter acquired, by said mortsasor,
<br />until this mortsase Is relE'lllled hi full, .ave and except 8uch liveatock .. may be herein especially reserved.
<br />TO HAVE AND TO HOLD all and aingular the above described property unto said bank, Its .uccessors and ...Ips forever. And I do heJ'l!'by bind
<br />myself, my heirs, executor. and administrators to warrant and forever defend the title to .ald property,' and 'every part thereof, unto said bank, Its
<br />.uccessors and a..leDs, asalnst every peraon whomsoever. lawfully claimlns or to claim the same, or any part thereof.
<br />This conveyance, howevl.'l', ill intended as a mortltqe to .ecure .ald bank, Its successors, and asaleD., In the payment of certain Indebtedness due
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<br />and owlns by me evidenced by oM certain promissory note_, as follows:
<br />One note datl'd July 6, 1964 due June 3D, 1965 ~or . 17,843.08
<br />D"'~ plu. dal't. (3) ater ce..t--'At aaGUIIl inter..t thet'eOG .f~
<br />and as well to secure the payment of all otber IndebtedneBS now owlns .aid bank, and any and all Indebtednes. hereafter to become owing .ald bank, Its
<br />.UCCEll.ors, asaip. or lesal representative, whether evidenced by note. overdraft. or otherwl.e, whlcb said Indebtedne.. now or hereafter owlns It ill asrced
<br />shall be payable to the order of said bank at its ottlce In____ La 'orte, 'r'-' ,
<br />and bear interest at the ratl!' of ten per cent per annum from date of accrual until paid, and the .allie .ball .tand secured by and payable under this
<br />mortsase with the other indebtedness herein mentioned,
<br />provided, however, that It Is hereli,. expressly stlpnlated, and provided that ~ first and prior lien Is hereby expressly fixed on the property above described to
<br />.ecare the note, or notes, above .peciflcally named, and the payment of all oth er iildebtedne88 by the maker hereof sub.equently accruins, or not definitely
<br />and partieularly named herein, shall be postponed and snbordlnated to the pay ment of the note, or notes, above named, and a first and superior lien i. hereby
<br />declared and fixed on the above de.crlbed property to secare the note, or notes. above named and described; and provided further that the payment of any
<br />other Indebtedness of the maker hereof, not definitely and particularly named herein, out of the proceeds of the property above described, shall be made In
<br />the order in which said Indebtedness may have been contracted.. . , .'
<br />This mortsase I. sfven and recl!'ived for and upon the representations, B1rreements. stlpalatlons and conditions, made for the purpose of Inducins
<br />said bank to part with certain moneys herein mentioned .and accept the security herl'in slven It, a. follow., to.wit: (1) That mortli'all"Or i. the full owner
<br />of said property and has perfect right to give this fir.t mortsali'e upon the .ame, nnles. a qualified owner.hip is herein expre..ly named; (2) Tbat so long
<br />a. the pOS.esslon of .aid propeorty Is pennitted to remain with mortgagor the .ame .hall not be sold, mortgaged or removed from the place above named
<br />without the written con.ent of the bank and that mortgagor will u.e the utmo.t dlllgencl!' and care to preserve said property from wa.te or de.truction,
<br />and have the .sme forth comins for delivery to the bank, or purcha.er In as sood condition.. the same now i., unavoidable loss alone excepted: (3) Such
<br />of the property herein conveyed as i. livestock, the mortsall"Or bind. himself, at hi. own expen.e, to provide with food, pa.turase and attention, and to
<br />sive the same all the attention which the mo.t prudent person would give hi. own propeorty In makins the .ame .uitable for market nnder the most
<br />favorable circumstances; (4) That said property Is of the rl.'B.onable assresate cash value of . at the execution and delivery hereof.
<br />It I. understood that the mortsase lien hereby created .hall extend to any renewal of the Indebtednes. hereby .ecured and this lien shall continue and
<br />be In force until all the indebtEdness above referred to and each and every ex tension ,and renewal thereof .hall have been fully paid.
<br />It Is further acreed between the partlEll that if ':t any time the .ald mortsall"Or .shonld move or attempt to move all or any part of the above
<br />described property outside of the County where thl!' .ame is .ituated as above .tated, or If at any time in the judlrlllent of .aid bank thl!' .ald property
<br />ahould be neslected, injured or abandonro or otherwise mistreated or handled so a. to Impair the said bank'. security or render the bank In.ecare, or
<br />If the mortsall"Or witbout the con.ent of the bank .hould .urrender po.sEll.ion of any of said. property or sell any part thereof, or if the mortsagor
<br />should violate any of the other conditions of this mor(gage, then, and in any .uch case, the said bank, at Its option, may declarl!' all of the indebted.
<br />ness above referred to immediately due and payable and proceed at once to enforce collection thereof In tbe .ame manner a. If the full timl!' for the
<br />maturity of the same had lapsed. In the event that more thsn one note i. .ecured by thl. mortgase, and default I. made In the paym....t of the fir.t
<br />when due, then the remalnins Indebtedness may be declared Immediately due at the option of .ald bank.
<br />It Is expre.sly agreed and .tipulated between the parti.... that In ca.e default be made by .ald mortgasor In the payment of tbe indebtedness above
<br />described when the .ame becomes due or i. declared due and payable aceording to the terms hereof, then the said bank .hall have the rigbt throush Its
<br />agents to take immediate pOB8eB.ion of all of .aid property and to either .ell thl!' BBme at private sale without notice to .ald mortgagor, or .ell the same
<br />at public sale In the manner prescribed by law: or the .ald bank may, it It elects, enforce its lien by suit in the Court of proper jurisdiction. The .aid
<br />mortgasor hereby specially waives all right of apprai.em....t, An attorney'. fel!' of ten per cent. of the amount of the principal and interest of the indebt-
<br />edness remainins nnpaid ahall be taxed and made a part of the co.ts of foreclo.ure.
<br />It I. also qreed that all expen.e In connection with the .ecurins, takins and carins for any property above described or the satherins and marketins
<br />of any crop. shall be borne by .aid mortgagor and .ecured by this mortgage.
<br />Upon payment In full of. tbe indebtedness .ecured by thl. instrumen t the same shall be cancelled and relea.ed at the exp....se of the mortgall"Or.
<br />The takins of this mortsase shall not waive or impair any other .ecurlty said bank may have or hereafter acquire for the payment of the above indebted.
<br />nes. nor .hall the takins of any .uch additional .ecurlty waive or impair this mortsase, but said bank may re.ort to any security It may have in the
<br />order It may see proper.
<br />A bill of sale her....nder from the .aid bank or any of its asents, officer., attorney., or as.isns, a. such, conveylns the said property or any part
<br />thereof, ahall be full and conclu.ive evidence and proof that all of the tenns, eonditlons and prerequisite. required herein have been fully complied wi"':
<br />and said mortsall"Or hereby ratifies and confirms any and all acts of the said bank, Its officers, asents. attorney. and a.sllrl\., done under and by virtue
<br />be~f. '
<br />It Is fnrther acreed and stipulated between the 'parties hereto that In the event the bank should exercise Its option to declare all of the Indebtedness
<br />abovp referred to, immediately due and payable and proceed at once to enforce collection thereof, in the same manner.. it the full time for the maturity
<br />of the .ame had elapsed, by rea.on of any of the foreli'olng action. on thl!' part of the mortsasor, that then, and In that event, by the term ..Indebtedne....
<br />is meant the full amount of the principal and Intl.'rest due by the mortsasor at the time tbat the bank exercl.es .uch option. In no event .hall the
<br />bank collect or attempt to collect any unearned intere.t on said indPbtedne.s at the time that the bank .0 exerci.es .uch option to declare .aid indebtedness
<br />due, but all intere.t included In the face amount of the note applicable to a period after the accelerated maturity .hall con.titute a credit again.t tbe face
<br />amount of the notl!', and all Interest paid In advance and applicable to a period after the accelerated maturity sball constitute a credit on the amount of
<br />Indebtednes., as above defined, then lawfully owing on .uch note.
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<br />Erasures and interllneatlons made and approved before sl8lllng,
<br />Witness OIIr han~thls th..
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<br />~~"~7ff)..th.a_' ~
<br />?" .. )7'18,,,,
<br />CltT Cler:t. Ci~of La I'orte. 'fa..
<br />
<br />day of
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<br />July
<br />cm or LA l'ORTI. '11MB
<br />an/ <6/!(f ff/A,)
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<br />65
<br />A. D. 19_
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<br />Ma,OI.'
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