HomeMy WebLinkAbout0009 ~1'DU~~~ ~IUM1~$. that if aaid Jl~ort~a.~or shatt pa~/ unto the said .1~fort~a~ee
the certcun prn»sisaory riote, of whzch the followin~ in words and fl~ures is a true copy,
to wit; _
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No. ~ 3.000.00 ~oart pl~cc.~ , Florida, ~ 9 , 19~
Bi~ety ~60) d~w after date, for valuc raeiurd,
t+r promise to pay to the order of C~tI+ a. B~TSODT and ~OBS !L. ~GN. hi~ Mil~
, ~tss ~ ~3.000.00~ ~d no/1 DOLLARS,
~ . ~ ~ ~ th~ir r~idono~ , latt pi~co , Florida
` u~it1, wese,e ak+~on at d~e ~oe ~ a~ «nt aA an~n J~oen dat~ w~it I~up pa~a. ~n~r~ p~abk xmi-
aan+w!!~. T6c ~nal~e? ad esdo~a~? ul tAis nooe lwthe? a~nee eo awi~r demand. naia o~ nompa~a~t md Orooc~ aad in oare ~uic tJ~aU be bra~k jo~
cl~e oulleaiow 1~neo~. a tAc rsn~s Aaa w 6t ooUecad npo~ drmand oJ sn ateorncp. w paY na~o~wbk at~ne~r'~ fea 1u? nmkint swcA ooUeaion. Qefamd
inanat po~nna~a a 6as? b~onnt Jrom aeaaih a P~* ~ PR ~wm. Payabk se.~i-an~wa~h•
tililL~ (Seal)
~ . ~ 19 . . .
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~nd shail pe~fo~m,, compty with and abicle b~ e~sch and ever~ the stipulations,
~ d~reement~s, condition,~r dnd covenants of sccid prnmisaory note acnd of this deed, then
tha~s deed o,nd tlie eata.te hereby created shalt cea,se and be null mnd void.
,~tt~1 the sa,id r~ort~a~or hereby covencznts~and a~ees: '
. •
; .1. ?o pab aR and sin~ular the princLpal a~ut intere8t and other sum.s oj money
i payabte by virtue of said promissonJ note and this deed. or either, promptly on the
~ days respectivety the same ser~erally co~rce due.
E. To pay all and stn~ular the taxes, assessments, levies, liabilities, obligations
and encu~nbrances oj every nature on said described property each and every, and
if the 8czme be no~ pro~nptly paid the said .1Kort~a~ee may o,t any tirne pa,y the same
without waivin~ or mfj`'ecting the option to foreclose or any right hereunder, and every
payr~.ent 80 ~nade shalt bear interest from the date thereof a,t the rcite of eight
per cer~t. per cr.nnum.
~''o .pay all and-atn~uJ~~ the costs, chargP~: an~ expenses, including lawyer's
fees, rea~sonccbl~ incurred or pctid at any time by said .~ort~dgee because of the fu,ilure
ori the pdrt of t,~ie aacid Mort~m~or to perform, comply with and acbide by each dnd
every the Stipulations, m~reements, conditi,ons and covenacnts of sdid pr~mi,ssory note
and tji,is deed, or either, cLnd every such payment sha,lt bectr interest frnrra dcLte cr,t the
ra.te of eight per cent. per annum.
To keep Lhe building now or hereafter on said land insured in a su~rc not
~ less than highest insurable value
. ~oot, in a company or corrtpanies to
~ b~ dpproved by sacid JKortga~eer and ~he policy or policie8 held by and payccble to gaid
~ .1lfortgctgee, ctnd in fhe event any surrt of monoy becomes payable under 8uch poticy or
~ policie8, the .1Kortgc~~ee sliall have the option to receive and apply the sc~me on account
of the indebtedneas hereby secured or to permit the .~ortgacgor to receive and use it, or
~ ctny pcLrt thereof, for other purposes, without thereby wa.ivin~ or impairing any equity
~ li~n or raght under or by vartue of thrs mortgage, dnd may place and pay for such
insurance or any par~ thereof, without waivtng or af~'ectin$ the option to foreclose or
~ dn~ right hereunder, and ea.ch arid euery auch pa~ment shacll beccr interest frorri date
a.t the rate of eight per cent. per dnnurri.
BOOK 148 _ 8
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