A.B. (L.S.)
15
Mortgage
Know all men by these presents, that ________ and ________, husband
and wife, in consideration of the sum of $________, to us in hand
paid, do hereby grant, bargain, sell, and convey to ________ of
________, the following described real estate, to-wit: (describe
premises). Together with all the tenements and appurtenances thereunto
belonging. And we do hereby covenant with said ________ that we are
lawfully seized of said premises; and we will warrant and defend, the
same against the lawful claims of all persons whomsoever.
Provided, however, and these presents are upon this express condition.
That whereas ________ on the ____ day of ________, 19__, executed and
delivered to ________ promissory notes, as follows: The first of said
notes for the sum of $________, with interest from date, is due and
payable ________, 19__, and the second of said notes for the sum of
$________ with interest from date, is due and payable on the ____ day
of ________, 19__. Now if said ________ shall pay said notes and
interest thereon, when they shall become due, then this conveyance
shall be null and void, otherwise to remain in force and effect.
In witness whereof we have hereunto set our hands this ________ day of
________, 19__.
In presence of ________
________ ________
Acknowledgment as to deed.
16
Mortgage with Power of Sale
This Indenture, made the ____ day of ________ in the year ________
between ________ (name, residence, and occupation of mortgagor) party
of the first part, and ________ (name, residence, and occupation of
mortgagee) party of the second part, Witnesseth: That the said party
of the first part, in consideration of the sum of (the amount of the
debt) to him duly paid before the delivery hereof, has bargained and
sold, and by these presents does grant and convey to the said party of
the second part, and his heirs and assigns forever, all (here describe
the premises minutely and accurately) with the appurtenances, and all
the estate, right, and title, and interest of the said party of the
first part therein.
This grant is intended as a security for the payment of (here describe
the debt) which payments, if duly made, will render this conveyance
void. And if default shall be made in the payment of the principal or
interest above mentioned, then the said party of the second part, or
his exe
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