HomeMy WebLinkAbout2114 ~rllq~p~1 ~ilIUM1J~, that if said .ilfort~'d~or shall pay u-irto the said JFlortga~ee
the certain prontissory ~tote, of which the follorc~ing in wor~i,s ~~ad figrcres i,s a true copy,
to wit:
,
; = 97 , 000.00 W11tter Patk, Fbrida, ~ly 28 1~i6
,
~ For val+~e rarxivcd the widereianed pranisa to pay w the orde? o/ lRADTCBS SV'1"1'OiDT ASEL6h'~C and wM.
CI~A~RI3~TC$ ~~RSFrY
o~ Nl.netY~-Seven Thoueand end no/100----------~~,j ~:97 , 000.00
to6ttlur wi~Ja i~ls~ast tl~sreon /rom date, at the mts o/ B1x .per cent„ per at111lum ..~r:t nuturitr, said interest
b~ r,oraMe Y~Arly on tbt 28th a~, o~ Jtily StYt
~
eadl rcar; both principa~ a~d intettst bein6 p~abk in bw~I money o~ tl+s t/nited Statet or its tquivolen~ at
s~ said principal awn to be paya6k on the datu and in the anouats
api~cijied btlow, to-wit:
o~ The sum of Six Thouaand Four Sundred Sixty-Six ($6,466.66) and 66/100
~c Dollare, plue interest wn the unp~id balance, on the follawing datea:
July 28, 1967 July 28, 1972 Julx 28, 1977
;o July 28, 1968 July 28, 1973 July 28, ].978
J~ly 28, 1969 July 28, 1974 July 28, 1979
=r July 28, 1970 July 28, 1975 July 28, 1980
~ly 23, 1971 July 28, 1976 July 28, 1981.
sKA m.ter .na ~ao:..r ....iwf ..t... aam.na. vmtMt .nd noae. oe a.sur+t~. ~-yymeac or procesc wn au reQUlremena neoen.es
W DWQ a~c6 ot them ILWe y maters ~ad endawes.
Eaeh mat~[ ~nd wdo~ser fueth~r ~ree~. 7oln wd ~ra~W. to D~7 ~11 aost~ ot eoll~ettau. fa~ludfai ~ e~e~onaWe attorne~'s fee tn ca~s
Lh~ Drftsetyal ~ t!W not~ or ~n W7~t on thf ar an7 1ntK+nt Wa[~ 4 nOt D~d ~t t~ re~peetit~ m~L~utb tDereot. or 1n ta~! lt
woom.. neo.n.rs w D.otecc t~. ..curta aa.or. w .wt w e~ousbt or a°~aiqht
TDb nott and deterred lat~~~ ts ~hall Deae int~reat ~t tbe tste at pr oen~~et wnum lrom rnaturit~ unW p~ta.
TD4 note 1s ~eeured D7 ~-~SCV~Si morf~~ o! ~~~n d~te lutMth ~ad 4 Zo 0~ ooostrued and tato~~osd aooordias to the lawa ot tDe
Stats ot lloefd~• uyon del~ult 1n !he p~~meat ot prinelpal ~ad/as Int~re~t due on an7 note ~eeuted b~ aatd 1[oatpp. ~I1 notes w secured ~ad
remrlnlM unP~1d ~Il toctAwit~ b~oome dw ~nq D~7~ble notwtttut~ndln~ tLNr tenor.
' (Bea1)
•
(Be~l)
anc~ shall ~erfo~m, complJ ruith and abide by e~ch 4nd every the stipulations, ~
a3sreernents, eondition.~r cLnd caveruints of scaid promissory note dnd of this deed, then ~
this deecl a~td the estctte hereby ereated shalt eeacse and be nult ctnd void.
,~I1~ the said .1Kortgagor hereby covenants and Q~ees:
.1. To pay alt and sin~ular the prineipal anri interest and other sums of moneJ ~
payable by virtue of said promissorJ note and this deed, or either, promptly on the ;
days respectively the same severally come due. ~
Q. To pay all and singular the taxes, assessments, lezries, li~hilities, obligations '
and encumbrances of everr~ nature on said descri.bed propertJ each and every, and ~
if th~e sam.e be not prnrrcptly pa.id the sctid .1Kortg'a~ee rruiy at acny tim,e pay the same
without wa,ivin~ or acfj~ectin~ the option to foreelose oT any ri,ght hereunder, and every =
payrrient ao made slu~clt bear interest from th,e date thereof at the rate of eight '
per cent. per cannur?z.
?'o pa~ all and singular the costs, charse~: an.~l expenses, in.cluding law~er's ~
fees, rearsonably ineurred or paici at dny time by said JK'ort~d3see beeause of the fa,iture
on the pa~rt of the said Mort~cLgor to perform, corriply urith and a,bide by eac1L and
every the stipulations, ca~'reements, conditions and covenants of' said promissory note ;
and thi,s deed, or either, cand every sueh pcayment shall beaer interest from date at the `
rar.te of eight per ce;nt. per annum. ;
To keep the buildin~ now or hereafter on said land insr~re~! in a. srcm. not '
less than highest insurable value
in a companJ or companies to
be mpproved by sa,ia~ .Mortga,~ee, and ~he policy or polieies held by and paeycable to scLid ~
.h~ort~ct~ee, and in the event any surrc of m,oney becomes payccble under such policy or ~
poli,cies, the JKortgagee shall h,ave the option to receive c~nd upply the sc~rrce on a,ccount i
of the indebtedness hereby secured or to permit the .Mortgd~or to receive ccnd use it, or ~
any pctrt thereof, for other purposes, without thereby waiving or impairing' any equity
lien or right under or by virtue of thi,s mortga~e, ccnd »uzy place and pay for such
insurance or cany pctrt thereof, without waiving or affectin~s tlte option to foreclose or '
any ri3sht hereunder, and each a~u,l every such pa,ym,ent shall bedr interest from date
ctt the rate of eight per cent. per annurn.
i
BooK ~51 313 `
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