HomeMy WebLinkAbout0757 MORTGAGE ~~'~vC;~;
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` 7H15 MORTGAGE Mode This •~L~~le day of i~JI'1~ , 19 f~~ ,
F~.: ~r~~c?
by and between
"•,;7~q1 ; ;~n "!1~ t.~lt7(7 _ , his f`;Z-fi'-' - , of
T.~iri r: County, State of l.i~ , hereinafrer whether one or more calied the "Mortgagor", has be-
.~;'t.•~ ~~t .,=~n~fF•~et.:lr`i~, ~~~1 Of ~)i•1~??1C_n Tt1C. of
come justly indebted so - r
~l?'^?l-r? _ County, State of ~`1J''1i1~' , hereinafter colled the
~r ~j'~. Tlt'~ il ' T~11Tli ~ra(~ f' ~ i 1 r 1pn ~,~hir' ~ i~l_l ~l~ iJ~~ 1
"Morty~ugee , in tfir. sum of ~~E..~...~ OOLLARS l'~ ~l-
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evidnnced by o promissory note of even data herewi!h in ths totol omount set forth above, payable in
monthly instnllments in thc s~m of Y'f;'~J.. ~1;1[~ - -1ilC' ~~~ZQ~ .
DOLLAR$ (S -3'i`~~ the first payment commencing on the ___._2+c~rday of J~~ ,
14 and continuing on the same day oF eoch month thereafter until iully paid,together with late charges of
five (5) cents per 31.~0 on eoch installment not paid within ten (14) days of the duc date, but not exceeding the lawful
maximum, and interest cfter maturity at the rate of 6 c per annum.
NOW, for and in conside~afion of thc aforesaid indebtness and to secure ihe prompt payment of the same, Mortgagar
hcs bargained and sold ond does hertby grant, bargain, sell and convey unto the said Mortgagee, his s~ccessors ond
S~. T_~,~~.,
ossigns, the foliowing described lot or parcel of lond situoted in -t County, $tata of Florida, to-wit:
~.,J~ 1J, ~lrC~ti ~t :;.,.~~n ~.^,•lr ;'_t~~C;1`:' ;7 !-i*• _~l?; i 'c~:' ~;'C1 ~p
':~~_":.t ~00~: 1'~ ~ ~ i ~ '1; 1 . T" ~ : , ~ ~ ~ . !.:?.~'1 ~ ~~!'.11T ~ -~i•~^1+",''~.
~ S"iial ~~FFLU1=~tUA
RECEIYEO ; IN PAYMERT C~F TAXE3 V h DQCUMENTA~?"_ STAM,P TAX
DUEeh CLASS'~' iNT~?tir_.13LE PE~S~ti~L ?.47PERTY, ' Z - - ? ~ -
F'UF2SUANT TO CNAPTER ZQ724. CF 1841, J~ = f1Af3'a'S5 `~~t~ ~
FICG`f: F_~~i~'. , Cl~tk Cire~i3 ~.urt y~ ~ ~ Q~-
as A£u~t f, r:_l' = A1. 1A`,'._~ C~~APTROILER °
~?t. 14^t3~+ ~Z=
~t. Lucia Cavnty '~ax Caliector
~ ~~c~.l~ez~
Y ae~urY c~xx
Togcther with oll rights, members, privileges, F.ereditaments, aosements ond appurtenonces belongi~g or apper-
taining. Mortgagor hereby cover.a~ts and warronts to the Mortgagee, his heirs, successors and assigns, that he hos a
fee simpie title to said property.
TO HAVE AND TO HOLO all and s~ngular the oforegranted and bargoined premises unto the Mortgogee forever,
provided always that if the Miortga~or shal! ano will pay to the order of the Mor+gagee, according to its tenor and efFect,
t!~at certoin promissary note of even dote herewith and secured hereby and any other s~ms which become owing by the
Mortgagor to the Mortgagee priar to concellation hereof, then Phis martyage shoil ceose, term~nate ond be void, otherwise
to remain in Full force and effect.
The Mortgogor agrees and covonanls to pay all toxes and special nssessments ogainst !he oroperty and agreas to
poy oll toxes levied ~~nder the laws oF lhis State on the indebtedness secured hereby. Mortgago~ further covenants and
egrees that he will at all times until the release of this mortgage keep in fort~~brpoli~y cf insurance on that portion of
the mortgaged proaerty which is ins~rable covering ~oss and damage by fire end the other casucities covered by the usu-
al comprehensive casuelty insurence policy. Such policy sholl be witn orti insuror acceptuble to the Mortgogee, in an
amount not less than the bolancc owing upon tne indebtedness secured hcreby, with loss poyable to thc Mortgagce. in
the cvent of loss, Mortgagor sholl give immediate notice by r-iail to the Mortgagee, who wil) make prooF of ioss if not
mede promptly by the Mortyogcr, and earh insuroncc company concerned is hereby authorized and directed to moke pay-
menf for such loss directly to the Mortgagee insteod of to the Mortgogee and Mortgagar jaintly but, in the event ony poy-
ment is mode jointiy, Mortgagor herrby authorizes Mortgagee to endorse his name on ony check, drait or money order os
his attorney-in-fact. Upon payment for I~ss, the Mortgogee may at his sole option aFply such proceeds to reduce the
balonce of the indebtedness, or to resto~e the mortgoge proFerty. In the event of Mort~agor shail neglect or :efuse to
obtoin soid insurance cr pay ony taxes when du^, then tFe Mortgagee may at his solc op!iun obt~in such insurance or poy
, ail such toxes or both, and all sums ex~ended therefor cre horeby secured by this mortgage and sholl be due immediately
from Mortgagor to Mortgagee with interost at the rate oF 10":- per annum frcm the dat- of payment by the Morfgagee until
paid.
The Mortgagor egrees ond ccvenon?s that he will maintain the mortgeged proprrty in good condition and not commit
or to permit enyone else to cnmm~t woste, reasonnble wear ond tear excepted. Upon the ioilure of the Mortgagor to so
maintain the mortgaged property, the Mortgogee may cause reasoneble maintennnce work to be performed ot the =ost of
the Mortgogor. Any such sum so expended shall bc dua immediately fram M~rt;agor w•;th interest at the rcte ef 10': per
annum 4rom the dote expended urtil paid.
The Mortgaqc,r hereby vests the Mortgogee with the iull power and authority, upon the breach of ony covenant ar
warrant herein contained, or upon any defoult in the payment of any instalim?nt provided ir said note or ony rer.eK-oi or
extension thereof, or in the performonce of any ogreem~nt herein containad, to declore fhe ertire indebtedness hereby
sacured immediotely d~~e and poyable, without r,ot~ce to ony person, and to p~oceed to forociose this m~rtgage in occor-
dance with lows ef this Stote. The Mort~agor hereby waives the rights ond possibility of dower ond homesteod.
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90G~ 11~
R-2195 =LORIDA