HomeMy WebLinkAbout0735 ~r11Ut~P~1 MjUlM1J~, that if saic~ .~fort~'agor slu~ctt pay :c~ato the sacid Jliort~'agee
the certctin proniissoriJ note, of wliich the following in worcis and fi~icres is a trcce copy,
t.~ u~i.t.:
. ; _l. 000. 00 Fort P:erce, Fto~ida, J~~~~ 7 .,196.Ci
For v~olue reoeived ~he undpei~ntd p?omisu to par w~he order o/ S_ ROGffi2B ~
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dta principol sw?~ o/ ~ T~iOUSAIID and no/100----••~••---•--•--••••••••ndbrs (i1.000.00
tosethtr with interut thereon /ront date, at the rote o/ Y cent, per ~nm~n~ :~,..:t ~~r~.. ~
hebo~,c~bte m°dur ~j~ 7Y~ic~
botli principal ond intereet bein~ payabk in law/u! ?noner o/ tha United States o~ its equivaknt. ot 211 Seuth
~ Sssnnnc3 S rpe F_ P~ rne+ F1 nr i r~~. ~ p~~j swn to bc parable os tAe datts and in the wnounts
~pecified btloto, to-wft:
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The eum o£ Five Htu~dred ($500.00) Dollars on the 7th day of
J January, 19G7, plue intereet.
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Z~ The sum of Five ~r.indred ($500.00) Dollare on the 7th day of
January, 1968, plus interest, on the unpaid balance.
s~ct~ nuker md endorssr se~enll~ wat~~ demaod. De'otest aad notta ot m~twfh. aon-y?~meni oe aro~ess wa .u reau~remena neoe.wrs
to hWd e~ch of tbem IuWe ~ m~kas and wdorMts.
EIacA toaket and endo~set tuttber ~ree~ jWatl ~ad N~~rW7. to y~~ ?ll oosts of eollecLlaf. lneludfat ~ re~on~We attorne~'s fee 1n pM
the prindpal ot thL note or ~a~ pa~ment on th~ prla~y~l oc aq~ tntere~t tbereon 4 not p~td ~t tIIe n~pecthe Qutueit7 thenof. or in eue tt
aecemes neoewr~ to protcct e iscurlt~ ~ereot. ~r~ether ~utt W beai[bt ae tiot. y~ ceat.~r ~nnum from maturlt7 uadl yatd.
ThL note and defer:sd laL~rest W7meat~ sball bear fnterest ~t the nte ot 8
ThL note b~ecurcd D7 ~ mo~tt~ of e~en d~te ~ere~rlth ~ad 4 W De oonstrued and enforced aecerdtn~ W the lawa of the
8tate ot Flortdu: upon dei~nlt 1n the pa~meat ot prtnMpal mdl~ lntuest due on ~n7 note ~ecured b~ aatd 1LOrtp~e. all nota w seeured and
remalntn~ unpue sbsll rorth~rlth beoome aue anA p~paWe notvlthstwdlas thelr tena.
(8ea1)
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antl shall perfo~m-, coniplJ zvitla a~rd abi~le bJ e~ch and every the s~ipulations,
agreenaents, conditions and coveraa~nts of said prami,ssory note acnd of thi,s deed, then
this der.d and tlie estacte hereby created shalt cease and be null and void.
,t~2t~1 the sacid JlTort~sagor hereby covenants and agrees:
.1. To pay all and sin~ular the prineipal arul interest an{l other sums of money
payable bJ vi.rtue oj said promissnrJ note and this dee~i, or either, pro~nptZJ on the
da~s respectiaely the sanae severallr~ come due.
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~ Q. To paJ all a~ad sin6ular tTte toxes, assessment.s, lei~i.es, liahilities, ~,bli6atians
~ and encumbrances of everJ nature on saurl ~lescribed propertJ e,arh Qnrl ever~, and
E if the sam,e be not promptly po,id the scr,id JlTort~a~ee may at any time pay the sccme
~ without waivin~ or af~ectin~ the option to foreclose ar any ri~ht hereunder, and every
~ payment so made shall bear interest frorra the date thereof at the rate of
~ per cent. per annum.
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; ?'o pa~ all and sin~ular the costs, char6~c an.d expe~rses. i~r.cliuiin~ lawyer's
= fees, reasonccbly incurred or pc~id at any time by smid JlTortga~ee beeause of the failure
; on the part of the said .ATort~a~or to perform, comply urith and abule by each acnd
~ every the stipulations, cigreements, conditions and covenants of' said promissory note
~ mnd this deed, or either, and every such paym.ent shall bear interest from date c~t tlie
< rate of eight per cent. per annurra.
To ke+ep the buildin~ now or hereafter on saicl lanJ i~isrered i~a a sr~m not
s less tlran -
~ Dollars, in a company or companies to
he ccpproved by sa,id .Mortgmgee, and ~he policy or polici,es held by and payable to said
.M'ortgagee, and in the event any sum of m,onPy becomes pczyable under such poti,cy ar
; polieies, the .~ort~a~see slucll have the option to reeeive dnd ccpply the sa~ne on aecount
- of the indebtedness hereby secured or to per~nit the .1Kortga~or to receive ctnd use it, or
~ any pacrt thereof, for other purposes, without th,ereby wc~ivin~ or impc~irin~ any equity
3 lien or rigltt unc~ler or by virtue of this mortgacg'e, acnd mcty pla,ce and pay for such
° insurance or any pc~rt thereof, without u•airrin~ or cLffectin~ the option to foreclose or
~ any right liereurcd,er, and each and every sueh pcr,yment shall bemr interest frn~n date
= at the rate of per cent. per dnnu~n.
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