Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
Page 3 · column 1 of 7 · from the scan, no model involved
SHOOTING
MATCH
Sponsored by Castleton Volunteer Fire Department
EVERY SATURDAY
Begining Oct. 21
at 1 p.rn.
12 gauge shotguns only
No Sleeves
No Scopes
For additional information
703-937-6051
Real Estate ^
Eileen M. Day REALTOR .. ITAKING SACK A MORTGAGE
As a seller, if you have agreed to take back a first or second mortgage from the buyer (loaned him money at a specified interest to help finalize the sale), the documents can be drawn up by your attorney. If the buyer offers to prepare the mortgage, make sure your own lawyer approves or amends it.
In most states, the mortgage consists of two parts. You will receive a note, (a personal promise to pay back the loan). You will also receive a Deed of Trust, which is a claim against the property if the promises made in the Note are not kept.
Just as the .buyer is advised to put the deed on record immediately, so you should make sure that the Deed of Trust is promptly recorded. This will give you priority ahead of later claims on the property if there is ever trouble in the future. If you are paying off the present mortgage on the property you have just sold, that fact also should be noted in the public records with the filing of a certificate of satisfaction.
If there is anything we can do to help you in the field of real estate please stop in at EILEEN M. DAY, Realtor, The Clopton House, Washington, Va. 22747. Phone 675-3033. We’re here to help.
89.5%