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HomeMy WebLinkAbout0464 O,R. BOOK PIHINIUUk,I,-~n I~~,UMNCI COMPANY ST. ~Ulij.lall A. MOamAGE Non ....20.0.00...00... ..!,~.~._~!!.~_~!.L......,._............,......,-,._..,-...........Floricla ....!pt!~.!~....~,................................................. ......19...6). POI\ VALUB a&C11VU>, the undenlpec!, joiatly and .ewrally, promiee to pay to the orcin of PlNINStfLAIl LIFE lN~UJlANC& COMPANY, a MIpOIation 01 the Stale of Florida. 'NDITY THOua.m> &J'J4 noilOO'. - - - - - - - - - 20 000.00. .....................__.,,_.._.............:..-...---..'....-.._....................... .......,.........................._..,...I:'oUan (........1.....................................) tosethel- with interelt thenorl at the rate ol.......1.......... "" per annlUD from date uoul maturity, both priDCipal aad interelt beins ~YabIe ia monthly illltal1mesltl after date 01 'NO mnm~ and no/100'. - - - - - - - - - -'- Ih~..i~t..d;,..~.~.~..~.;;;.:;ih.t;;ii;;~q..;j.ih..th~.r;d..d~y'~.th;.;;;;;d";;;;t~~;: d!~tP:;C~1i~'fi~t'~~ :: interest on the wboie baIaDce reIUin~ from Ume to time ,,~ and then on the priDcipal, both priDeip&l aad interett beins ~yab1e in lawful currency of the UlUted Statn, at the offlttl o! Penituular Lile Iraturance CGmpaay. JuknnviUe. Florid.. or luch othel pIKe &I may be desianated by PeninlUlar Li!e lruurance CompaIIy. A pa)-ment of interett only will be due and payable OIl the fint day of the fm IDOnth after date. ' Additiqoal paymenta on dle principal of thia jnd~tedne" in amountl equal to one or more nn;t cnlUinj( cOlUCCutive principal ~YIMnta may be made without penalty on any date when interett bt~ due and payabie; provided that there thall alto be paid, .u COIlIidetatioa for the privile<<e of makiDJI euch paymtnta in ad-vance of Maturity. a eum equal to ~'" of I..ch ellce. !)&ymetlt iI made prior to three yea" from date. 2" of .uch ...~ ~yment if mad.e aftet three yean from d"te ami prior to .even yean from date. aIlCl I'" of luch excett payment iI made after ICWIQ yean from date and prior to ten yean from date.. Such additiotW paymenta ahall DOt relieve the makCI' berecl from payins the monthly inablJmenta .. herein provided. If default be made in the payment of any iattaUmeot of priQcipal or intentt aa apecified herein. 01' any part thereof. the whc-ie .um then remainiftl ul:.j)lIid ulldet thla note .halI become immediately dve and payable. and in Ctit' of any luch default the uDde....ned furtht'S' .avee to pay aU co.t. of coUectioa. includiq a reuonabie attorney'. fee:. After maturity heffOf. whether the normal matvnty or jaccelerated maturity .. provided he~in. both principal aD(} aecrued intere.. ahall bear int~rett at the ,ate of ei,ht pel' ceat. (8"") ;ler anmun until paid. . J'raeDunent for payment. demand. and cndonen Aereol. ..... " om..... r' .... ...... " ....... ~ .."'" -,.... '" oil .....on . ~: ..._~~~~~ :~~E............._..........t:.~~ State doauDeDtMy IWIIpI ill 1M amount of ..I9....Q.9 attached to oriainaJ DOte aacl e&IICCDc:d. 1./ GEORG. D. BROWBR (SEAL) / .1..j;fiLliiD:...'!i.cMif............................lsiALl AND ebaJ1 ~rfOl'lll aU <<wenaDb aad conditioae of said pro.me-y note. and of any renewal, extenUon or modifi- cation thereof. aad of thIa _'lAP. then th. mortfase deed and the estate thereby created ihall <<ue and be nllll and void. Said lII.rf,,,,,~ funbet COYellIUIt ancI ..,.. to and willa said Mffl,.,m I , To pay aD llDCi eialuJu tile principal and iratt'rell and the various ud ",ndry IUml of money payable by virtue of said ~ DOte aad any renewal, utenaiOD or modification thereof. ud of thit mor1IAle, each and every, prompt- ly 04 the days rapt'ctMly the lame .neuUy become d.... 2. To pay aU aad aioauw tIae ~ ~nta, Iev~... liabilitiet, ob1i(ationa and encumbrancel of every nature and kind now Oft said delcribed property. and/or dlat hereafter may be lmpoeed, tuftei'd. plaa:d, levied or UlClICd there- UpoD. aed/w tJaat hereaflit'S' -r.be levied or uwued upon &hie mortIIP and/or the indebtedneM teeured hereby. each and every. wheft due aDd gayabAe accordilll to law~ before tbey beCQCIIC de~nt. ud before any inlerelt attachea ~ec:I ~nahy i. Incurred; aad in 10 r.. &I any thenol it ell record the same thaI1 be ~ptly ..wried and ditcharpcl of and the ~ official docume~ (1lIdl ... for lDlItaDCe. 1M tax receipt or the latWacdon papt;r offICially eadOned w certi- fied) thaD be pIaad in the huda cI aid AI."'.'" prior to tbeaext payment dve &I provided in ..ad promiaory DOte; and In lite tftDt taat _, thet1lOf it _ 10 paid, aa.rtect and ditebarpd,eaid AI.n,.," may at any time pay the IUDe or any part thereof without waivi.. or affectiDc any option. lien. equity or rich' under or by virtve of tJaIa mortIlIp, and the fuB .-at of eada ancl ~ euch ~yraent IbaU be immediately due and payable aad ahaU bear interett from the date tbereoI uatil ~ it th rate of eipt per cent. (8"> pet __um and iopther with I,,,h intefttt abaJI be eecured by the lea of dUI MOl....... I. TO PLACI AND (()Hl'WIIUOU$lY alP OM ntI IUKDIN.' NOW 01 .......".. SltUAtI ON lAIC LAND .... INIUIANCI IN AMOUNt Of NOT un YMAN. 21,000,00, ,AND IX1INDIO COVIIA_INIUIAHCIIN IUOt AMOUNT AS MAY . AVAItAIU ill the uwal .tandard policy form. in tudt COIftpMy 01' companiel .. may be approved by aid Mol'" "'''1 aad aD inNfanoe poIidee 0lI "1lT' of aaid buiJdiDp. any intefttt therein 01' part thereof, In the aJ.lJ!Clate NnI aforesaid 01' In ~ tiMnJ. IIba1l cca*n the u...1 IUMan:l lDOI'tpCee dntt IDllkiIII tJIe Ioea wader aid poIiOeI. cadi arad n-ert payable to ~ jlfJrf'''66 U ita InteJUt may appear, ud ed aad eftry wa po.:t .JWI be promptly delivered to a~ kid by .. Mort,.,,,; aad. Me '- tluuI tflSI cla,. in acWuee 01 the espinDoIl of . potiq, to cIePer 10 -.i4 11M'''''' a reDt'Wal tLeftof. qether wiill a reuipt for the premium oll\lch renewaJj &Ad there than be DO fare i1ll\lf&nCe placed OIl any 01 aa1d brid;... any IacerHt tJ.trela or put thereof. UBIeta . the 10I"IIl aMt with the Iou payable .. afortiWd: and in the eveJlt lUIf eum 01 moaey ~comes pa,.~ under IUU pobcy or poJicia aaid MM"qU a1uJJ have the optioa to receive and _ppIy the Idle on acco\lnt of the indebted- lCC\lred hereby or to permit &aid Mm,.~" to receive arad .... it or any put thereof for oUler parpcett \l!itbol.lt thn~ _ivillf( or im;:Wri~ aDY equity, Iim or npt u:3der or by vimte 01 thla IPOrtIAfC; And ia the enDt eaad Mlnt,_,,.,, ehaU for any relUQn fail to keep the eaicl premIaea 10 inawed., or fail to de1ivu proiDptly any 01 said polkiet of IllNI'llnce to said Mo,t'.fU, M fail ptompd-, to pay fully aDY premillm therefor. 04' ia any retp8d fail to pnform, c1iIcharp. execute effect, COI'DpWte, comply with Md abide by tAil C/iW8IIiUt, 01' ..,. pan Mreof. taW lIIor".16. may place &ad ~y for ;;;}. izuur&n<< 'X any pari t~ without waivins or affecdnc aDT' Opd-. lie., equity or ri8lat Idide. ~ b., virtue of tbk ~AlC, and the full _nt of each aM eo;er, I1iCh payaaeet ~ be lm- sDed~ due and pa,.ble wi\bol.tt demand ll&lG alW1 be.v inlU-ut h'0T4 ~ (U."" th<o...~ IUltil paid If the rate 01 eiabt pu rea\. (I",,) pet' lIIlhum and ~ wi.1IICh interett III'" boe aaved by tIM .. of thie 11ttlI'tIIIp, t" .. - . 4. To pIIIDi-. c:GlIIII8it 01' ad- DO watte, InpaiIment or ct.teriOI'alioa of .IIid peoput7 lIC' &CJ' part dIeNcf, 5. To,.,. all ud ~, the toe", CMrlfe. gild expen_. indlv.lirl<< rea~ Iavrer'. f_ and coR of abItt1IdI of ti~. i.ncwTed or pa;.i lit any ~ by wld Norlfill." beea!:. anwor in ih~ t:V'!llEt of the !ailure em the part 01 the t&id Mor',qofJ ~ dWy, promptiy _ lully ~:...w, ~~~. ~~'. ~f~. ........l*te, CllJQ~ with lISKi abide by eada and t'YUf the ftlplllauona, ~ou. coMitiOtla fon;i ~nAilU 01 solid prOP.l.I>.em'Y DOtI'.a, .r.c! mie raona..,e. &!IY or t'ith~ and said COllta, chalta aad expe1*I, edI and WWY, .ibaU N iulleGiawl1 - pd pa,..ble. whr.het cor not theft be ~, de-- awad. attemPi to colket Of euit pttJdi~; aIld the full. ~Ilt of each .rA every AWt ~rneltt .&11 bear iAteRtt from the dace tbenoI nUl pWd at \he rats 0( .' Fff C~.l!lt. <l')(.) per foMlIm; and. all Wd COita, cWlllI apd ~ 10 btcuned or peW. toptVr widII .,. ..... ...... be ~ \or ,he lie8 cI dtit _\,Me. . o o -." .~~--- -.--....,"'....--- ,"".- .--'-- ._~-..,.- ----- ~.- _.Yo ._....-._..._...._ _.__~~a.~"'_.-._..,....~~'__ __.A....;......""...~_..." .