HomeMy WebLinkAbout2200 Provide~~ Always, tjiat if saic~ ~4fort~'a~ur shall pay tc~ito the~ sai~t ,hfortga~f~~
the certcuin pro~iaitisory nvtE~, uf' wliich th.e follorvirr~? ira zvord~~ a~ttl Jr~rc-rea i+ ~i trrce cupJ,
to wit:
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~ Tb~ und~r~ipaetd jointJy aad aeverally proml~~(r) ta pQy !o tb• arder ol
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yp~ 6HDR3 C~TROCTZ0~1 CORt41tJtTZOK
S'HR~s T'AD4S11~'D ~Ot7R HV~RRD i~XZ'Y ~21Q5 ~nd nO/100~-r•••~---~--~••-~ D~olla.r.
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far valua recrivec~ with intereal fram date c+ntil paid oa the balanc~r r~inaiafny unpaid oa
t' t ~1 e ~ l per cent. p~r eanum, P~j'~?bJ~
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and al! costy and cx reaaonable attorney'~ lee if th~~ aot~ is placed in tl~r
hands ot an attoraey for rullection. Doth principal aad intetest poyable al ------~~~-II~
t1'yl? hol~rr Lehiph ACres ~ Florida. The makeri ar~d ~udorserr
stverally walve pre~~ntm~nt for pay mea~t, protes! and notice of prot~at and bon-pvpm~ent.
If any inst~llment 6treof shall aot t~e p~ id w6en due, thea nf the option oI t6e halder, t'~=
wholt aum thcA remainin~ unpaid ahall forthwitb become a~ue and payable. The principal
of thi• nota~sholl be pcryable aa tollows: Ono T?wusai'~d O~ t~dr~d rllty $lx at~d
- ew/1~0 Dvll,ars ( 31,156 .00) due and payabl~ on or Dr tor+~ Apzil 25 , 19661
pa~ T't~a~rand Onr ~tundrrd t~tty •ix and nvj100 Dollar~ i~1,156.00) dw
~d pay~bl~ ae or b~lor~ Octa~b~r 25, 19661 Or~ Tbowand OeM B~ndrad
Titty i.wn s~nd nt3J100 t~1.157.0~) due a~d payabl~ o0 ot b+forr
llpril 15, 1967.Pr~apayr~nts ~ay b~ aad~ at an tir witbo~ut p+nalty.
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j- ~ ~ ~~'7~'/ ~~e- -r ~ _ _ . _ (Saal)
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anc~ shall ~erfc~~irz, cc~r~tpl7~ zuitja ccnd abide bJ e~zch a~id ei~ert~ the stipttlatioris,
a~reements, conditioras and couenctn~s of said promissori~ note and. e~f this deed, then
this deed and the est-cr,te hereb~ created sluacll cectse and be null and uoid.
1~I1(i tjie said .Illort~ci~or h,ereby coUCnants and a~rees:
.1. To ptz.y all <tracl sin~u~lcar t.he prin.e~~~l ~n~l in.ter~st ancl ~~th-~~r sre~n,s n~' mortetf
~1«~able br~ i~irtue nf saicl prv~n.issr~ri/ rrr~fc~ crn~l thi, clef~~l, ~~r eitlrc~r, ~~r~~»ipllr~ ~~r~ tlte
~la~~s respec,tii~el~ t,he s~nz,c sei~erally co~rae dr~~e.
To pcar~ all an~l si-r~r~~u~lar t~ae tc~rxf~s, asses~m-en~t.s, let~i~F~s, liuhilif,ic~s, «l~lio~rti~t~rr~s
u~rr~ eracum•brcznces of cr~er~ ra,atacre on said clc.s~rribc~il propr_~rf~~ ear~h a~rcl et~E~rr~, an~~
if th-e sc~me be not proTnptly pc~id the s~zid .J~lort~sa~'ee rn.ay at an~ tirne pa~ the sam-e.
wi-th,out waiz~in~ or afj~ectin~ th~ option to foreclose or c~ny rc~ht hereurzder, a.nd ez%e~~rJ
paym,e~at so rncule shull bear int~erest from the date thereof at t~re rate of s ix
~er cent. ~er Qnnum.
3. To pay all cznd sin~uZar the c<~sts, chcars~~s ~ln.~l expf~ilses, i~rc•luclin~ latc~~/cr's
fees, reasonably in,curred or pai~ at c~ny ~ime by sctid „~~Grt~'a~ee Uec~tise of the failure
on the />art of tli~e srxi.d ?llort~sct~or to perform., corrapl~ u~i-tla. ura~l tzbi-~le b~ eacta, c~~r,d
ez~err~ tice sti~riullztions, c~~reenaent.s, eonc~?itions ancl ~ozenants af' said pro~rarssa~~ note
and this deed, or eitlaer, and every such payrrLent sh.all bear interest f'r•orn date ctt the
rate af s ix per cent. per annu~rz.
~ To ke~~ the f~ui.ldin6 n.otv nr hereaftcr nrt ~~ri.cl luti~~ in~trrc~l i~t r~ suni nnt
I less t.h-ct~t- :
~ -------------------------------~_____D~llars, in a camj~un.y ur c•urrapunies t~
be cL~~proved by s~zid .Mort~sa~ee, and ~he p~lie~ or policies h,eld by ana~ pacz~c~ble t,o sccia!
?liort~c~~ee, and in the event a-nJ srcrrc of ntonPy becont-es payable, under such- policy or
policies, th.e ./tiiart~ct~ee slutll juxve tfz.e option to receive c~nd upply th.e sczm-e orz a-c~ount
of th.e indebiedness h,~reby secrcred or to permit the JYlort~sa~'or to receive an.d use i-t, or
uny purt th.ereof, for other purposes, without thereby waivan~' or irrtpc~irin~ an~ equity
tien or ri~'ht under or b~ uirtue o,f this mort~a~e, and mcty ptco,~e c~nd pa~ for szceh
insuracnce ~r c~ny pc~rt thereof, wittwut wc~iUtn~s or af~'ectin~ th~e option to foreclase or
ctn~ ri~'h-t hereunder~, and each dnd everr~ such payment sica,ll bear interest fram, dute
ut th,e rc~te of s ix per cent. per ~znnu~n.
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