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Home My WebLink About0556 . . ~ ` ~ S~ Oil0.00 Fbrids, :._~~Y 3~~`_ 1'9~g ; For val~e recai~ve~ t~t w~dersi~cd promiae~ tn psr w d~s order o j ~ l~ Ht~~i'Z1'! ~ ~ tAe pr~~ s~/~{ ~ j ~ ~ o o`+o o w ~ ~ r~ ~ w a~ ~ ]~af{Ors r~ ~7 ~ V O Q~ o o ~ ~ ~ ' toaetl~er wClk inte?tst ~eteaa /TOwI de~te, at tl+c rate o j. _ ~II (10 ) Ix~ ~~y~ r-W~ # { ~ e'n~ p°~'° e Y~yt~r ~ ~ ~ _ ~ ~ < botib prir~ci aid interest 6eiR~ payable in lawfrs! ?nonry o/ ths Unitc+d Stcitea or ita eq~ivaknt, at } ; Park~vi . A ~ g0~' scrid princip~al swn tv bt poyabk o~ tlaa datea and in the anaunts 5 < speciJied below, to-wit: ~ ~ ; ~nt#ro prfracipal balsaa~ aAd all o! ttwt cm4nlativ~a interest dune snd puyabin J'n1y 30, 1970. ~ s ' r~ ~ . ~ The int~ei~~t sriall boco~e ea~ryard at the +~ad of ev+sry y+~~er and shsll b~ add~d to the principwl and int~rsst paid there~ ixy anb~equant : ~ yeaTS . ~ ; ars x• ~ ~ ~ ~ ~ ~ µ r Eseh maker ~nd texdorser ~ererallr wafvu demsad, protat and notlce af m~tuxity, aon-p~ymanL or yrotat Musd aU rpWremettt~ noonrar~ ~ ta Aola esch oi them 1lable as maters ~nd endoraen. ` ~ Escb maker aad eadoraes furthlr t~nea, }olntl~ and sevetaU~, to pay a11 co~ta of coilectfon, 1~?cluding ~ rasapasble att~rney's !ee ta eus ; the prtpclpal ot thla note ot ~n parment oa Lhe prlnclpa! ar un) lnteres t tAert~oa L not p~id ~t tRe rppecLtve m~turity tUtreof, ar in Ca~e it - becames neeewr~ to prptett t',~uslty hereot. Mrhether euft 6e brought ot not. Thls aote ~nd dieterted W psymenta sha?1 bewr faterest ~t the ratt of per ceat, pet ~nqtuu tram maturlt~ unt!! pr1d. ~ This note ts secured by a - mortga{~e of cren dste he~ewtth and !a to De construed and eniorced uxottltng to the lawa oi the State oi 1''torida: upon de[ault ln the paymmt ot prinrfpal ~nd ~or Interesc due an anp aote aeau~ed by s~iQ Idortiase, sil notes eo seeured and remalntng unpstd shaA forthwith betome due ond ~qzble aotwtthatandtn6 thelr tenor. --~iAA~Y ~6`~'--6+~~~---- ~sea.) - - (saa~ and ahall duly, promptly and fully perform, dischsrge, execute, effect, comptetr., c~mply with and abide by eaech . and every the at.ipulatinns, agzsements, caaditions and covenanta of said promuawry note wnd of thi~ mort.gage, thm thi~ mortgage snd tbe estate Aeraby created ahall cease and be null u~tl void. i It ia underatood that each oi the worda, "note," '•mortgagoY' and "mottgagee" reapectively 1wd the pron- E ouna rreferring thereto, whether in the sdngtilar or plura] anywhere in t.hie mortgage, shall be eingulu if one o~ly ; snd shall be plural jolnUy and severally, ii more than one, and shall be ma~uline, leminine ~?nd/or neuter, whe~ ! ever the context so impIies or sdmita. Aad naid Mortgagor for himeetf and his heire, tegal repnsentatfvee, aucceea~ors aad abaigas, hereby coven- ~nta sna agreea Lo and with sald Morlgagee, his legal represeata~ives, succeaemrs an8 aasigns: 1. ~`o pay ~11 and dnguler the prtacipal and intere,~t and the various and sundry auma of mone~pe~yable by virtue o! said promlaaory note. and this mortg~ge~ esch and every, Promptly on the days reapsctiv the reme severaliy becoma due, 2. To pay att attd singular the taxes, assessmenis, leviea, liabi]laea, obllgations and incumbrances of everp : nature aud kind now on sa,id de~cribed pmperty. and/or that henafter may be imposed, rulfe rad, gla+~ed, levied or ass~s~ed thereupon, and/or that hereafter tnay be levied or aasesaed upon thia mortgage aud/4r Lha indebted- ness secured hereby, each and every, when due and payable sccording to law, bafore thay become delinquent, and before aay interent attaches or any penalty is incurred; and in ao far aa any thereot is of record the same sha11 be pmmptly satisfled and dischnrged o! record and the original olficial daument (auctt as, for instar?ce, the tax receipt or the satiafaction paper oificially endorsed or certified) shall be placed in the hAnde oi aaid Mortgagea within ten dayu next after payment; and fn the event ttxat any therrot is aot ~w paid, estL~tied and discherged, said Mortgagee may at any time pay the same ar any part thereox without waiving or aftecting any option, lien, equity dr right under or Dy virtue of this mortgage, and the fuli tunount of tetch and evtry such payment shalt be immediately due and paqable and ahall bear interest from the date thereof until paid at the rate of ten per centum per annum and together with such intereat ~hall be secured by the Hen of this mortgage. 8. To piace attd continuously keep on the buildinge now or hereatter situaie on said land flre snd windstorm highest insurabl insurance in the usual standard policy torm, in s aum not lese t.han i ~n euch cam- pany or comp3niea sa may be approved by esid Mortgagee; and all such insuranee~~''on eny of satd build- 'vnga, any Interest therein or part thereoi, in the aggregate aum atoresaid ar in excess thereof, shall cantain the usual atandard mortgagee ciause making the loss under eaid pollcies, each and every, payable to aaid Mortgs- gee as hie interest may appear, and each and every such policy ahall be promptly delivtred to ~nd held by said Mortgagee; and, not lesa thauz ten duya in advance ot the e~cpiration of each poHCy, to deltver to said Mortgetgee s renewai thereof, Logether wiLh a re~ceipt tor the premjum o~ such renewal; and there ahali be no buch inaur- ance piaced on sny of said buildings, auy intereat therein or part thereof, unleea in the fprm and with the loss payable as aforesaid; and in the event any aum at money becomes payable under auch policy or policiea asid - Mortgggee shall have the option to receive and apply the same on account ot the indebtedn~ss secured hereby or to permit safd Mortgagor to receive and use ft or any part thereof for other purposes wlthout thereby wffiviag or impa3ring any equity, lien or right under or hy virtne oi this mortgage; and in the evant atid Mortgagor shall ~ for any reaaon fail Lo kecp the said premi~es so insured, or fail to deliver promptly sysy of said policies~ oi inaurance to said Mortga.gee, or fati prompUy to pAy !'ully any pnmium therefor, or ia any respect fa~il to per- form, discharge, eaecute, effect, complete, eomply with and sbide by Lhia covenant, or any put hereoi, said Mortg- sgee may place and pay for auch insut~unce or any part thereo! without waiving 8r slfecting any optfon, )fen, equity or right under or by virtue ot ttsis rnortgrl,ge, and the full aqtaunt af each and every such payment ehall be immediately due and payable and ahsll bear interest from tlse date thereai until paid ut the rate of ten per centum per sanutti aad together with at~ch lntcresL ehail be secured by tha lien oi ttiis awrtgage. 4. To perrnit, cu~mmit or aufter na waate, fmpatrment or deLerloration of said property or a.zy part thereol. abstra,cts oi~~title, incurred~or ~d at aa t~ime~b ~d including rea~onable lswyei's tees snd cost o! on the purt oL the eaid Mo ~ q ~ ~fOr event oi the lailtu~ ztgagor to dulY. PromPtty and fulIy perform. dtact~arge~ execute, elteet. comFlete. comply wiib aud abide by each and tvery the stip~ulatlana, a~greuneatr~. candittoas ~atrd ao~?~rab of ~id promf~s- wry note, snd thi~ mortgage, any or either, and se?id costs, charge~ aad e~penie~, eaeh and every, sh~W b~ tm- medi_ tely diie and psqaDle, w?hetaer or not tber+e ba notice, demand, attem~t to ovUsct or rnit Pr~B; aad t2?s fu]I arnount of aach and every ~uch paymait shall bear intereet lrvm tAe dats t2isrsoi witfl pald st the rate at ten per ceatum per annum: and r?ll ~atd cats, cliarger~ and iacps:?~as ~o iacarred az paid, to~r witb wch in- terert, ~?sW b~ ~scured bp the liaa a! thls mortgage. saoK 1~ 554 ~ Y