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HomeMy WebLinkAbout2769 .~) :',~_~i~.,E_ ~'~Ulir. q~. al alllil1les pe,I(,I'ably and quidl~' to t'nler upon, Iwld, occupy aud elljo\' s,ud LUlll; Ihat s.lid LUI/I is he,' fWIIl all 1'lIl'\Il1lbr'lIll't's; tl1.lt thn will l1Iake such further assumnces to perfect the foo si III ph, title to "lid land in Ihe ;\s\O{:i"litlll as IIl.1\' ft'asoll.ll>h- 1><, rt'quirni; anll Ihat they do hereby fully warrant the tille to said bnd alHI will dl'felld Ihe s"nt:' agaillst till' 11\\ fill l!.till" IIf ;.11 persolls wll/ll1Is'....\'er, I'HO\'II)EI) AL\\':\YS th,,1 if th,. \t()rl~.lgors shall well and truly p.,~' UlltO tht' :\",){'iatioll, till' illllt-I,tt-dll",,, ,'\id"IIl'ed I>\' th.,t t't'rtain prol1lissory nole, of en'n dale herewith, made b\' the \lurtg.lgors and 1','\'.11>1<' to tIll' :\"",i;t1il'II, ill tilt' plilll'il',d Slllll of THIRTEEN THOUSAND SIX HUI\TDRED Ar-.TD NO/100----------Dollns IS 13, GOO. 00 ), whi..!l Ilok, togl'lh,'r with intl'ft'st thert'un ,IS theH'ill specified, is 1';1\',11>11' in 1Il01l1hl\' illSLdlllll'lIts of ON E H lJ l '1) H. E D AND NO/IOO-------------------------------------------------------------------- ---------- --------------------------------------------------------------------- --------------------------------------- -----------I)olhrs (S 100.00 on till' 12 da\' of each IIlOllth 1'0lllOll'IIl'illg with iVlay 12) 1963 whi...h pa\'llll'lIts ,Ire to IH' ,Ipplied, firsl'lo interest, and till' hablll't' to prillcip..1, IIl1lil s:lid indd,tt'dlless is I'aid in full, and shall !wrfonn, comply with alld ahid(' b\' each and e\'el)' thl' stipuLttiollS, a~rl'f'ments, l'ondiliolls ,\lid l'()\'el",nls of said promissory Ilote alld this 1Il0rtg;lge, AmI, in'duding any a(l\'au('es mad(' hy the Association to the \Iortg.lgors, or tlwir slllX't'SSOrs in titlt" for all\' purposl', at au\" time hefort' the rdt'ast' and ean(,l'lIatiou of this morlgage, hut al no time shall this lIlorlg'lgI' SIX'IIft' ad\'ances Oil "l'l'OUllt of said origilLd uole to<..:dllt'r with sUl'h "dditioual ar!\'alH't's in a SlIIll 11\ exl't'ss of ,THIRTEEN THOUSAND SIX HUNDRED AND NO/100-------------:----,-,----6ollars ($ 13,GOO,00), plus am' ad\'allc(,s 10 pruted the securil\' and CDSts. theu this r!eed and the ('state herel,,' ('(('.III.d sh,ill ('east' anll 1)(' null and \'oid, ,\~J) TilE \IOIrr(;ACOHS DO he[('hy ('I,\'cn3.1I1 and agll'l': 1l('C('Ssar\. I, To pay all and si..guLlr the principal allll inlerl'st and other SUIllS of mOlley pa\',I"'" Il\' \'irtue of ",id prolIlisS(.(\' 1I0t<- ,lIld this JIlortg.lge, or either, plolllptly on the da\'s rf'speC'tl\'dy Ihe sanH' se\'l'rall\' CO III l' due, ,) To pa\' all and singllbr the tax('S, assessmeuls, le\'ies, li:d,ilitics, ohligatiolls alld ill('UlllhLIIll't'S of e\'t'r\' 11;111lrf' and killd \lOW Oil s"id d,',,:rihed propert\', or that h('H'afl('r lI\ay b(' imposed, suffner!, plal'ed, It'\'it'd. or ass,'sSl'd IIIl'H'OII, or IILlt IH'H'aflt'r Illa\' he l,'\'inl or a,,('ssed UPO\l this \Iortgage, or the indebtedness S(.t'IlH.d hnel)\., I-;Il'h alld ('\('I'\', \\.ht'll dll;' alld pa\',lhlt-, ,Il'(:or lillg 10 l.tw, hdort, the\' lH'eollle ddilll!l\t'ul, aud lH'fore an~' illlt-rest altadlt,s '1r all\' pt'lI<1it\' is iIH'IIIH'd; alld iIL",f..r ,', .In\' tht'H'of is or Il'('(lnl the same shall Ill' promplh' s,ltisfil'd alld disdl.l'.!,.';nl of r;'('onl alld 11.,. origilLl1 offi"ial do"ulI","1 (slllh Is.' for iIlSLuH'I', tlif' lax H'eeipt or the satisl..dioll P''1wr offiei.dl~' elldorsed Ol cellifi,'d) sh,dl IH' ph,,,'d ill tl". h:uds of said Associ"tion as \Iortg '<":1'1' withill len d'l\'s next aftfT p;I\'IIH'nt; ;IIHI in tht. ('\'('lIt t!.;1t all\' Iher.."f is lIot I",id. s:ltisfi,'d .Illd disehan:,'d, said A'csol'i;ltion III;I\' at an\' tillle p:I\' Ihe S'"11t' or allY p.,rt thelt'of withoul ",ai\'!n;! Ol aff,'dillg .Im' "l'tiOIl, !i"II, e'luil\' III lighl under or I,\, \'illllt' of Ihis \Iortg.ll.';e, alld the full alll'''1Il1 "f I",dl and t'\'!'f\' such p:I\'IlH'1I1 sl"dl IH' illllll"di:ltt-h- dllt' allll 1',1\',lh]'- amI shall 1'"..lr inlnesl frOIll the l!.tlt' tlll'rt'uf ulllil paid at the Lltt' sLllt'd i!1 lIlt' Illll!' SI'I'llrt,d Ill'rt'll\ ;111.1 tl)\.';l'llll'r \\Jllt Slll'lt IlIk, ..st sh"ll It,. sl'o!Tl'd b\' Ihe lit'lI of tbis \torl~age, 'I, To kl'l'p 111I' I>I:ildillgs ant! all l'(luipllll'lIt alld pI'rsollal 1'1'''1'''11\' IIII\\' or I"'ft'.dlt-r tlll s.lit! pft'lIli,,'s I "\"fl,d 1,\ Ihi.; 1Il0rt~,I~", illSltr,'d in a SllIn "11'1;\1 III al least the allllllUlt of tilt' 1IlIlrl~;I\!,I', Of .111 ,IIIIIlIIIII sllffici"llt to l'Olllph- wilh ,111\' '"III"II" ,1I1l'(' rl''lllill'IIlI'lIt lO\'l'rinl.'; tIll' S,lI1le 1IIIder the la\\'s of the Slate of Florid.l, l'O\','flll'! I,,,, h"lIl both fm' "lid ,1""11. III"kill'': tIlt' Itl" 1I11t1IT '.Iid polil'il's, ,',wh "lid I \'IT\', p'I\'ah1.. tll Ihl' :\sstlcialiOll, ,IS IIl1lrlg,lg('t', 'IS its iltlnnt 11\.1\' ;q'p",lr, "Ild s.,id iIlSIlLII1('" .;lull \". ill .1 go"d "lid H'spollsibll' iIlSllr"n,'(' COlllp.lIl\' satisfaelo,y tll s,lid :\,,",'i,ltioll, "ud wlill"1I by .1 1't'';PtlIlStl,II' l"v,.1 "g('ld ,,;,!lisf.'l ttll\' III s,lid :\s';(jci,ttillll; 'lIlIl tlte policy Ol po!il'i,'s slt"lllwar a SLlIld,lId JIloltg;lge ,1.111'" willttlllt ('tllllfllllllitlll. .1'1.1 ,11.1111... Ill'ld 1>\, tl", :\"ol'i;ttiOll, "lid. in Ihl' ..\'('Ilt an\' Slun of 1I11111t'\' lH'coll1l's pa\'.,1>1., IIl1d"f "lIlt polir-\' or politi,'" 11(f' :\,,,It'itlitlll ,h,.I! 11;1\'" tIll' "ptl"1l I" r!'(,l'i\',' alld appl\' the S;tlll(' 011 aCl'ount of the illdl'htt-dll"ss hell'}1\' \I'(,lIl('d, 1,1 10 !wnl1it tilt' III"llg"'"III, I" I('l't,i\'.. ;",,1 II'" iI, (Jf ,,11\' 11.IIt Iltl'rI'of, for olL!'r pll ljl<>S' 's. \\iIIJIIllt IlwH'h\' wai\.ill~ or illquirillg ,tll\' c'l'lil\'. li"ll, tlr fl,~hl IIlIdn ""d 11\' \;1 till' "f Ihi, 111111Ig"-g,,. ,1I,d 1I!.1\' ph"I' ,,".1 1'.1\' fOI sllch illSIILtlll..., or 'II'\' 1'.111 tlll'll'tlf. \\'ilho1lt \\.,i\'ill" tlr ;dl"llill'! it.; "l'litl1l I" 1"11,('111\", or 'Ul\' rl\.';ht hT"lIl1dl'r, .llId Iltl' filII ;lI1ltllll'l of 1\ll'h ,11,,11 \','1\' SI:clt 1',1\,1111'111 sh..Il II{' illllll"di,Itt-h- dll" "11.1 i)l\,d,JI' .,;,,1 ,h;t!ll11',ll IlIt"rt'sl from I!", d,d.. tlwll'tlf 1IIItil p,lill .II IIIl' r.Ilt' st.ltt-d ill 11.1' IItllt' "'(III1.d ""ft.l,,' allll t",!..tllt'r 'xilh ,"vh illlnnl sh,,1I Ill' \I'olll'd },y tit.. li"1I of this \tolll.';.lgt', ,I. T" I"'rt!lil. lTlIllllil, or sllff,'r 110 w;lSft', illlp.lirJllelll Of l.l'llf!OLdioll of s"id prop"rt\, tlr ,1I1~' 1',llt tJW!I'''f. ,'III] "l"'" tI", f"illll" "f tilt' IlItlll"-"I\.';tlIS Itl k!','p II". },lIildill~s Oil s,lid properl\' ill c:t1lld l'olldilioll of rq',lir, tIll' ,\"i)ci;ill"li III.I\ d"IILII"l till' i!llr;\l'di,,~,' 1t1',lir \If s;lid bl 'ldill~~ or II\(' illlllll'di"tfo H'p"\'Illenl of 1111' d,.bl Ill'lI.b\' Sl't'llIl",\, ,lilt! tilt' f:llllln' ..I th, liI"llg.lgIII' III (',""ph \\tlh s,lid d!'lll,uld of lIlt' :\:;slIl'i"ti')lI for .1 pniml of Thirt\' (:j() I d;I\'s, sl",1l (,Ollstitlltt- ,I ),fl',lch \If Ihi, 1\lllrlg,I'':'', ant!, "I lilt' IIptioll of 111I' :\""('i,,li"II, immedi,tlek III,dlln' tl". l'litill' ,lllll,1I111 of prilll'ip,d ,llId illlt,ft'st IlI'r.-\)\' >!',"n'd, "ud thl' \sSllt'j,dioll, immedi,llei\' alld wilhout notin', Ill"\' illslilull' proc",'dill'.';s III foft'lloSl' Ihi, 11I1IItg,,~.. ;llld ,ll'ph' f..r IIII' .lpl'''llilm.-lil of 'I I\t'('('i\'t'r, ,IS hel..in:lftn j>wvidt,,1. .), Tllis rll"rl\.';,Ige eOnfL\l'1 pro\'ide, for addilioll,d a,kalll't's \\hi,.h 111"\' be Illad.. ,tt tilt' IIplioli of tIlt' ",'Slll'i"tioll "11.1 ,ecllft'd b\' IIJi.; IIl1lrlga~I', "n.\ il is a<..:r!'ed thaI ill Ihe <,\'ent of slIch ,ltiLIIIC'I'S Ih,. amOIlII! Ill;l\' 1)(' "ddcd tll tlll' Illllrlg,lg" d"bt ,iIId shall ilH'relS" lilt' IIllp:dl~ b.d,ulce of tll(' nolI' hereh\' secmed b\' tIll' a III IlIl11t of sll('h ,1Ih-.III('(' "wi sh:dl 1)(' 'I 1'.111 \If said Il\lle illl!t'},ll'dlll'" lllidc'r "I] IIII' terllls Ilf s:lid notl' :llld'this contr"ct 'IS filII\' :IS if a Ill'\\' slll'h l"lI" :llld eOIlI/.1l'1 ,\I 'It' l'\f'lllkd ,II"! deli\,.'rt.,L :\11 "ddililll"d "d\'all((, at.;rt'c'III1'1l1 lIlay II(' \.';i\'l'n allll "ltepled fllr Sill'll ;Ilh-all(,(' "lid I'To\'isi'"1 1i\.1\ I". 1Ii,,,l,, fll" diffl'rl'1I1 lIl()lilhk PI\'lllt'llts ,:lid :1 difft'H'llt illl('r..,t LIII' alld other exprl's" modifil'"litllls of tl\(' (,l!lilLIC!, bllt ill ..lIlltlll'r 1t"I""" Ihi.; c"lltncl ,1\..11 rl'lIl.1in ill filII flirt", :1I\d effl'd CIS III s,lid indebtfodness. Indlldillg all ",I\.,III("'S, G, If ,Ul\' Ilf Ihe Slims of 1ll01ll'y herein rdlrred 10 he nol promplh- and flllk paid withill Thill\' (:jll' .I;::' lil'\1 "fkr tilt' s,lme Sl'\Tr.dly '''me dllt, ,1lId pa\'.I],lt-, or if l,ldl ;llld ('\'ery 11ll' stip"1.ttilll", ;::~f('t'IllI'IlI, cOlldilillllS, alld (,O"'ILlllls of s,lid pWlllis"H)' nlll,. ,lIId Ihi, d''l'd, or eilhcl, art' Ilot dilly pt'rforllH'd, cOlllplit'd wit" :llId :Ihid..d "~', Ih.. aggrl'~:lII' Slllll n1t'lltionl'd ill ,,,id prolllis,,'ry 11011' "wi all\' other amollnt or ;1l:l'J\lIIls added to tIlt' rn,l(tt;"ge illdeblednl'" 'Illdl'r the I.-rll" of tillS mllfl~.It.;" sh;11I becoll)(' dll" ;tIId P;I\'I},lt- fOlthwith Of 111l'rI':tf!..r at the option of the :\ss;)Z'i"tion, :1" flllh- 'Ind clllllplt-lI'k :IS it ',lid ,ll.';g!l't.;"t.- Slllll of 111II11l'\' W,IS origill"ll\' stip"hll'd to be paid on sllch d.I\', an\'lhill<,,: in s;lid prnmisso\'\' IIllte ol Iwrt'ill to II\(' (,,"ilLIIS IIl1t wilhslalidillg, To df'livl'f to till' :\sslIciatillll, Oil or bdore \l.lrl'h [,)th, \If (',lei I \l',n, L,,\ r(,l'('ipts 1'\'id"lIl'ill~ Ihe p,I;.1I11'1I1 "f ,.II 11\\, f"lI\' illll'os,.d 1:1\'" fOl thl. I'fI'('edill\.'; 1',.1"Il,Ltr \'l'oIr; tll ddl\tT to Ihl' Associalioll ren ipts l'\'idt'IHint.>; till' p,'~'IIll'lIt of ,.II liplls hr pnblic- imprll\TIIlI'nls withill lIilld\' (~ll da\'s aftl'r lilt' S,IIIII' shall 1"'('01111' dill' ,llId P;I\',lble, .lllt]lo p.I~' or disl'h.ln~I' with ill nim't\' (90) dol\'s after dllt, d;lll', all\' alld all gm"'lllllll'ntoll lc\'ies that Illa\' Ill' 11I'Id" O!l Ihe IIltlrlg,lg('d l'llllwrty, Ill, tt,is lI1..lIga",' or noll', Of ill ,m\' olher wa\' [('"Iiltillg from till' lI1ortgago indl'btt'dlll'ss St'CIIII'c1 b\' Ihis 1I11l1t\.';,'I:", ...,