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HomeMy WebLinkAbout1962•. / BOX N 0 T S S 10,491.84 ~T, l UCIE CQUNTY. FLA. Jacksonville, Florida Date:Januarv 9, 1962 For value received, the undersigned promises to pay to the order of RPiat (`nrratru^*~^n (`n nF _?nrlrcnnvilln -------------y a corporation, Ten Thousand Four Hundred Ninety-one and 84/100------(S 10,491.84) at the rate of $72.86 each in 144 equal installments and S ---------- in the last installment; each instal?lent to be paid on the~oth day of each and every month hereafter commencing on thea0thday of February , 196?, until this note is paid in full, together with all coats of collection, including a reasonable attorney's fee, if given to aYt attorney for collection after default. If any installment is not paid within ten~day• after the date that the same matures, late charges of five cents per dollar of such installment, but not in excess of S10.00, shall also become iasaediately due and payable without notice, and if any installment is not paid within 30 days after date that the same matures, the entire unpaid balance of thit note shall forthwith become due and payable without notice, at the option of the holder. Presentment, protest, notice of dishonor and notice of protest are waived by each and every endorser. John Ivorv arid(witnesses as to . /s/ His X ~ Mirk SEAL !taker's Address John Ivory's taarlc ltakerJohn Ivory Mirreola Ivory, his wife 1202 Avenue K /s/Jose h Carbone Ft. Pierce, Flom a s r ur a ascyfs/ Mirreola Ivory SEAL GECC-6/61 u~.-::u~.. .. .. _.,~.~ a•~a~ FIJI . CANC~LL~J : _ ; . -. and shall duly, promptly and fully perform. discharge. execute, effect, complete. comply with and abide by each sad every the stipulations, agreements, conditions and covenants of said promissory note and of this mort- gage. then this mortgage and the estate hereby created shall cease and be null and void. It is understood that each of We words. note, mortgagor and mortgagee respectively, whether in the singular or plural anywhere in this mortgage. shall be singular it one only and shall be plural jointly and severally if more than one. and that the word their as used anywhere in this mortgage shall be taken to mean his, her or its, wherever the context so implies or admits. Md said Mortgagors, for themselves and their heirs, legal representatives. successors and aasigus, hereby jointly and severally covenant and agree to and with said Mortgagee, its legal representatives. successor sad assigns: 1. To pay all and singular the principal and interest and the various and sundry sums of money payable by virtue d said promissory note and this mortg~e, each and every. promptly oa the days respectively the same severally become due. Z. To pay all and singular the taxes, aaeameafs, levies, liabilities, obligations and Incumbrances of nature and kind sow on sand described property, and/or that hereafter may be imposed, suffered. placed. levied or assessed thereupon. and/or that hereafter may be levied or assessed upon this mortgage and/~ the indebtedness secured hereb}-, each and every. when due and payable according to law. before they beeoane delinquent. and bdore any interest attaches or say penalty is incurred; and in ao far as any thereof is d record the acme shall be promptly satisfied and discharged of record and the original official document (such as, for tastance. the to receipt or the satisfaction papr* officially endorsed or certified) shall be placed in tape hands of said Mortgagee within ten days next after payment; and in the event that any thence[ is not so paid, satisfied and discharged. said Mortgagee may at any time pay the same or any part thereo[ without waiving or affecting any option, lien. arty or right under or by virtue of this mortgage, and the full amount of each sad every such payment shall inunediately due and payable and shall bear interest iron the date titereod until paid at the rate of eight per cent per annum and together with such interest shall be secured by the lien of this mortgage. >f. To 1~ and caatinuously keep an the buildLrgs now or beratter dtuate on said Und heard inwr- aace as required by Mortgagee in a usual standard policy form. in a sum not leas than its full insurable value Ia such compagq or companies as may be approved by said Mortgagee; and all such insurance polides on abt said buUdiags, any interest therein os pert thereof. in the aggregate sum aforesaid or in excess thereof, shall contain the usual standard mortgage clause nuking the leas under said polldes, each sad every. payable to said 1[octsagee as its inter+eat may appear. and each and every such policy shah be promptly delivered to sad held by su mortgagee; and, not lea than ten days in advance of the expiration of each policy. to deliver to said Mortgagee a renewal Wereot, together with a receipt for the premium of such renewal; sad there shall be rw such insurance placed on say of said buildings. aw- interest therein or part thereof. unless in the facet and wi~~ a~ payable as aforesaid• sad in the event W sum of monq- becomes payable under such policy or po H ee shall have tie option to receive and apply the same oa account os the indebtednea sec+u~ed hereby or to ~t said mortgagor to receive and use it or any put thereof for other purpo~s without Eby waiving or impairing any ty, lien or right ands or by virtue a[ this mo~p~. sad in the event said l[ortgagor shall for awn rason fail to keep the said premises so insured, or fail W d Ivey Promptly ar~Y of said polides os Insurance to said eeee~, or fall prompW- to pU- f~+11,j aw- um therefor, or in say respect fail to perform. discharge, exkelfect. complete. comply with aaa abide this coveaaat. or say part hereo4 raid 1ortgagee mqr pLee and p~- for such taaurar-ce or any part thereof thout waiving or off awn optics, !tai, equit~- or night under opr~b-y virtw a[ this mortgage. sad the full anwunt of each ps~aiddrvery s~ of eight per eentum pa 4a~~tmad sad togethaer~ivi~th such interest ahaII be sect~ued by ~ thL m aortpge. to L To permit, commit oe auKu tw waste. impalrmeat or deterioratiaa a[ said property oc aa~ part thereo[. 0. To all and the cosh. charge sad ~pa~w. Inducting reasonable lawya'a Peas and coat of abstracts of tit1R iacu~paid at arq- time by Pict l[ ~~at~ because and/or in the-event of the failure oa the put of the said moetg ors to dutjr, Dr+omptb acid luny pa~form. dischargR execute. dfect. oonrplete: caaply with sad abide by ~ sad every the stipulations. agreement, oondi sad ooveaanb o[ said note sad this mortgs;e. awn or either, sad said coats, char~as and each and every. shall b tel dw and payable, whether or sot there be notice, demand, a t to collect or suit peadiag• and the full amount o[ each sad every such payineat ahW bear interest mom the date thereof until peed at the me d eight per teat per annum; sod sll said casts. charges sad expanrsss so incurred ae paid, together with such iatasest, shall b. secured by the lien as tWs matjage.