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HomeMy WebLinkAbout0338 s 1.~,000_.00 v~ro ~xh, Fbrida ..~tbruary .11__.._. t9..66 , . As_. b~lar__~pscifisd-------------------.__-------- ---.n~ a~~. a ~~F,.. of ~ r~ ~ tM ~ o~ ~ JO~N 8. S~~D, i• t~ardian of ths Prop~rt~ o! A. iiALi'~ R~O~ACB, { ~ _ ~ ~nco~P~t~nt--'_.._.__ , ~ _FU!"~EB~1__~USA~iD. ~AND ltoJloo-------•-•-------•----__..._••------• ~w~s .~Q;,,~. ~,,,b~ ,t.Offics of John H_.___Sut2rrland,_--1426 -_--20tb Strest, V~ro ~ __neach,_ Florida, _or__auch othsr plac• ~s pay~e~desi~aatt ia ~L• - with intetest from__~~I_~ E?-----at the rate of----- ~~-A--per cent per annum untii paid; intenes! psysble. ~11 ~ ~1~M Md each of us whether maker. iu+ranfw ot endas~?. hereb'Y tweraily w~ivas and rer~ounces arey and ~It homes e~ion rid?ts wt m~y haw und~r the Constitution w Laws of tM State of Fbrida, or any otMr Sfat~ a Uitited States, as api~t Mb note; and each fvtFwr w~iws d~n+rd, notia of non-paymant and protest, arW in evertf it beconws e~eceswy fo cotNcf this not~ tMou~ an afforney. ap~es tp pay atl oosfs of aolNctioti intludK reasafaW~ ~fforney's fN. i Tha prin~cipal of thia liot~ is dua and payabla !a four ~4~ •qv~a 1 annual i insulla~nts of $3, 750.00 sub, eo~n~cin~ F~bruar~ 1S, 967 and con- ~ tian~tn~ o~n t~ 1Stb day of ~ach aad avsr~ l~~bruar~ tbsr~aft~r ~til •aid principal ava is gaid ia full. In additioa to tb~ principal pa ta int~r~~t ~hell be dw aad pa~abl~ on tha ~aar~ dat~a that ths ipa f ~ysrat~ art dua at tbs rat~ of 6x ptr ann~a on t~ ~mp~aid ba • froo to tia~ r~rinis~. In th~ av~nt of a d~fault in an~ pa t of ~~in~cipal~oa~rtint~r~a~ ~rbicb d~fault ~ball aot bs corr~ct~d ~ 30 y tb~ , t~a tbs ~atira r~ini~ unpaid baL~n~~ a~ll La- msdiatsly b~coo~ dw and pr?~abls at th~ optio~a of tt~e boldac o! tbi• ~iots. An~ pa~at or aa~ part t~raof ~a~ b?~ ~ad~ on or btfor~ it• ~ dw dat~ ~ritbo~ut pazialt~. ~ $22.50 State Documentary Stamps ; affixed to original Note and /s/ Evelqn F. DeR,old Neville cancelled. ~ /s . Barlow Heikes ' - - s~- ~5~~ and shall dvly. prompUy ar~d Silly pertorm. discharge~ execute, etfect, complete:, oomply wiW and abids by esch and every the stipulations, agrcements. conditions and covenants oi said promiswry ttote and of this n?ortgags, ~ then thia mortgage and the eatate 6ereby ct+eated shall ceaae aad be null anq vofd. It is underetood that each o! the worde, "note," "morigagor" and "mortgages" respecUvely and the pron- ~ oune referring thereto, whether in the aingular or plural aaywhere in this mortgage. ahall be aingular i! oae ody and ~hal! be plural jointly ead severslly, it more thaa one. and ahall be maecutfne. feminine and/or neuter. wher~ ' ever the oontext eo implies or admlts. And satd Mortgagor for himselt and his helrs, legsl representstlvea, succeasors and a~signs, hereby ooven- ants ana agree9 to and with said Mortgagee~ his legai repreaentatives. successore and assigas: 1. To pay all aad aingular the principel and lnterest and Ehe various and aondry aums oi money payable b~ virWe oi said promissory aots. and t4is mort8a80..eacb and everY. Pmmptty on the days reapeciively the aams severally become dus, - • s. To pay aU and singular the taxea, aaeessments~ levies, lisbiliUes, obUgatioaa and incumbrances o! every ~ nature and kind ttow on eaid deacribed property. and/or that hereafter may be imposed, eufiered, piaced, levied ar assesaed thennpon, and/or that bereafter may be levied or asaesbed upon this mortgage and/or the indebted- ness secured hereby. each and every, when due and payable acoording to 1aw~ before they become delinquent„ ~ and before any intereat attache9 or any penalty is tncurred; and in ep tar as any thereot is of record tbe sams ahall be promptly satisfied and diacharged oi record and the original oilldal docwnent (auch as. for instauce, the tax receipt or the satisfactioa paper ofiicially endoreed or certified? shall De piaced in the hands of aaid Mortgagee with3n ten days nezt atter paqment; and in the event that any thereot is not so paid, satiefied and dlscharged, said Mortgagee may at any tlme pay the same or any part ihereoi witt?out waiving or aftecting aay option, lien, equity or right under or by virtue ot thta mortgage. snd the full amount oi each and everq i auch payment ahall be immedtately due and payable and ahali bear intereat fmm the date thereoi until paid ~ at the rate oi ten per centum per annum and together with such interest shali b~e secured by the Hea of this ; mortgage. i ~ • F lnsurance in the usuat atandard policy torm, ln a aum not leas tLan i-----..-__.._ ch com- pany or comp:snies as msy be appmved by said lr[ortga~?ee; and ell auch insutance pollcies o of said build- 1n8e, any i~?tern.at therein or psrt thereol, in the aggregate sum atoresaid or in excxaa shatl contain the usaal standacd mortgagee clavae malcing the loa~ under said pol~ctes, each and . payable to said Mortga. ~ gee as his interest may sppear. and each attd every auch pollcy ahall be p y dellvered to and held by said Mortgagee• and, not less than ten day~ in advanoe ot the ezpiration o pollcq. to deliver io aaid Mortgagee a renewa] ~thereof, together w[th a receipt for the premium of renewal; and there ahall be ao such inaur- ance placed on any oi sald buildinga, atiy interest therein thereof. unleas tn the form aud wlth the loss ~ payable aa aforeaald; and in the event any sqm ot beoomes payable under such pollcy or policies eatd Mortgagee shall have the option to receive and the eame on account of We lndebtedness aecured hereby or ~ to permlt said Mortgagor to receive and or aay part thereof tor other purposes w?lthout thenby waiving or impairing any equity, llen or righ er or by virtue of this mortgage; and in the event said Mortgagor shall for any reaaon fail to keep th preml~es ~o inaured, or fail to delfver promptly any of ssid poliMea o! tnsurance to said Mortg r tail pmmpUy to pay fully any premium thenfor. or in aay respect faU to per- fotzn. discharge, exe effect~ cninplete, comply wltb and sbide bq thl~ covenant~ or auy part hereot. asid Hortg. agee may pla pay for auch insuranoe or any part thee+eof a?ithont waiving or aifecting any option, liea, equity or under or bp virtne of thl~ mortgage, and We Nll a~ount oi each and every n~ch psyment ahaU be ately due and psyabie and shall bear intereat from the date thereo! untll gaid at ths rate o! ten per 4. To permit~ coa~mlt or autfer no wastq impairraent or 8eteslosatton said propsrty or an~ part thereo~ 6. To pay all aad singular the co~sti, chargea aad eipenses. inclwiing reasansWe lawyec's feea and cost o! t ab~tracts ot title, tnc~n~ed or pald at any time by ~sid Mortgagee becsuse aaa/or in ths eveat d tUe fail~u+s on the part ot the satd i[o ~ oomply ~+ltb aad ~bide Dy eac~and a~very h~eitip~ilatlotu„ agree m oonditid o~ga d ooveaan~b oi ~aid pmlmis wrY note, and tbia mortgags, any or either. aad aaid cosb. ahar8e~ aad aacpen~. each aad every. ~hari bs Im- ! medtatety dus aad PaYsb10. wAether or not tliers be aotlcR demsad. attempt to oul4ct oe ~uit PetWinB: ~1ad ths 1 fuD amwu~t oi each and every aneh paymeat aba0 bsar intsrest irom ths dat~ tberso~ mtri pald at the rate at tea per cena~m psr aN?wa: aaa an saia ooste„ cfiar~e. aaa apsn.e. .o facurera e~t paiq, wascb~ wfrb sucb fa• tare~t, ~hall bs ~eettred Dq tLe liaa o! thfi iDOrtga~e. a~x139 33~ ~ ~ ; - : : . ~ ~ . _r ~ ~s _ _ . _ .