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HomeMy WebLinkAbout2341 ~ 0 OI~1 OA BS!'OR~ T~T (10~ T~JIRa FROIrt DATE. tor ~ralw r~e~ivrd~ w~. ioiall~ aod arr~raliy. *soaaQi~• te p~r to th~ ord~~r et w. FOLH~~tUa aAd RUTH POLHEJ~ti3~, hia wit~. ~s~ NATNAN CQH~K wd CEL~ COHSM. D!• wite. at Ri,~i_e, r~~ C~ ~~~+~?ek~ng Ho~e.,~ ~c.. 2815 BsoadwsY` Rt~__ B:scb=. Ftorida . or •eutt ot~r pl~c• a• tb• bold~: h~s~o[ m?~ ~~aip~?t~. in wsilin~. th~ pslaatp~i ~s~u o~ THIRTY-NINE TH~USAND wND HO HtJ~iDa~DTHi DOLL,AR3 ~~39.000. 00~. Thi~ 4ot~ ahail not b~ar 1nt~s~~t ootil aft~r tb~ ~at~ eE acrtus~. irom wbicl d~t~ i! aDall b~as iut~r~at at th~ rat~ of •i: p~s c~otu~? i6'~i~ p~s aat~uo? as tw ou'aid ba3~nc~. p~yabl~ moothl~r, until principal and th~ iaW inter~~t •hall b~ tallj p~id. Tb~ a~ak~s• aad ~adoss~r• ai tbls not~ turth~r atr~~ to w?ai~~ d~msad. notic• o! non-p~ya~a~t ~ad yrvt~~t, ~ad ia cas~ snit ~l~all b~ b:ovsht tor tL~ coll~ctioa bereot. os W~ saa~ ba• to b~ cotl~ct~d opon ~~a~ad ot an sttornyr. to par r~aaoaabl• attorn~~' f~sa aad sli co~t~ tor snakta~ sucls coll~rctioa. ' Thi• oa. L•~cnr~d by t:nortsa~~ oi ~rsa dat~ b~rs~vrith, eacurubesia~ r~al prop~rtT Iocat~d in !k. Lncl~ Covatr. ~'iorida. TTl~??is aot~ mar b~ p:~pskl !a wb~l• or ia part st say tim~ writhout p~a~lt~r. jsf ~t~.a~r.n~a• r.r„~,i.a cs~?~.) _ , _ _ I~us~nc• JaY Cahus /~l #~ttiof~a A~o Gl~~ „`_______(3EAL) W ~ I N I ~ VF I'- L U t-1 ~ ulC1 Palric~s As~s CoLsn _ ~ DOCUMENTAoN STdMP TAX , Z - -r~ ~`~~r ` = ~a ?~s~?s~Mr (BEAL) . = pW ~ ~+~l= 5850= _ ~ . f/~ CO~tPTROIlEEtO, _ - r = F?~~ B• T'bsa~hez Pd.19At38 ~ /~l ~u~r?s~ l~~.._~ra~k.r (~EAL) ; . " - Barba:i Auth 19sr~shir and shat[ dulY. Promptly and tutlY P~a~. ~Sa ezecute. eKect, campletq, cwnply wlth and abide by each aod every the stipuleUons, agreements, conditions and covenanta of said promisiory aote and oi ttds mortgags. then thls mortgage and the eatate herebq ct~eated ahall cease and De nult aaci vold. ouns rcier~rln~g theretq, wbethe erh'.a the aingular or pl•ural anYwhars 1n tbis m~~„ ~nvet~ and ths pm~-- aad ahall be plural jointty and severally. U more thea one. aad st~all bs sball be singular i! ons onl~y ? maeculine, famtnine sad/or neuter, wher- ever tha oontsxt so implies or admita. And said Martgngor !or htmaelt and his helrs. legal rept+~entatlvee~ sucoeesors aud assigns, Lereby oovea- ants ana agrees to and with said Mortgageq, his legal sepnaentativea. aucceasors aad aaaign~: 1. To pay all aad singular the priacipal and intereat and the various aad sundry sums o! moneY Pe?3~~ b7 vlrtue o! said prumissory aote, and tbis mortgage, each and sv'ee9, D~PVY ~~~~~~?~Y tbe sams severally become due. 2. To pay -all and singular the taxea, aaseasmente, leviea, lisbWties, obligations aad incumbraaces oi ever~ nature and kind now on eaid deecribed pmperty. and/or thst hereaiter may be imposcd. ~uife,red~ placed~ levied or asaesaed thereupon, and/or that hereafter may be levied or assessed upon tl~ia mortgage and/or the indebted- neas secured hereby. each and every. when due and payable acoordtng to law, betore thay beoome delinquent, and before say interest attaches or anY penatty is incurred: and in so tar as say thenof is oi reourd the sams aha11 be prompUy satiafied and dLscharged oi record and the original offidal docwnent (auch as, for inatance. the tax receipt or the satisiactioa paper oi~cially endorsed or certified) ahall be plsced in the hands of said Mortgagee withIn ten daye nezt atter paymeni; and 1n the evant thst any therco! ia not ao pald, astis~ed and diecherged. eaid Mortgagee msq at any time pay the eame or any part tt~ereoi without watviag or atfecting t any option, llen, equity or r[ght under or by virtue of thie mortgage, and the !'~ll a~aount oi each and every such payment ahall be immedtately due and payable and shall bear intereat irom the date thereoi until paid at the rate ot ten per centum per annum and together with auch iatereat shall be aecured by the Hea ot tbie mortgage. S. To place aad contfnuounly keep on ihe buildinge now or hereaiter aitnate on said land llre and wfndatorm insurance tn the usual atanciard policy rorm, in a sum not teae tLan i~?~ u?surable value_._., ~m- panq or companiq a~ may be appmved by said Mortgagee; and all such inaurance polidee on aaq o! said build- ings. any interest therein or part thereoi, in the aggregate sum atoresaid or in e~uxse thereol, shall contatu the usual standard mortgagee clatue making the tosa under aaid policlea. each aad every. payable to aaid Mortga- gee as Lis interest may appear. and each and every such pollcy sball be pmmptly delivered to and held by said Mortgagee; and, not lese thaa ten daye in advance ot the expiration of each pollcy. to dellver to eaid Mortgages s renewai thereol. together with a receipt for the premium of auch reiuwal; aad there sball be no euch inaur- ance placed on any of sald buildings, say interest therein or part tLereof. unleas in -the form and wit~ the 1os~ payable as aforesaid: and ta tbe evenL any aum of money becomea payable under auch policy or poLcies aaid Mortgagee ehall have the option to receive and apply the eame on account o! the lndebtedness aecured hereby or to permit eaid Mortgagor to receive and uae it or any part thereof for other purposes aithout thereby waiving or impairing any eqnity. Hen or rlght under or by Wrtue o! this mortgag~e; aad in the avent safd Mortgagor s2~ai1 for anq reaeon tail to keep the eaid premi~es so insured, or fall to dnliver promptty any o! said palldes ot inaurance to sald Mortgagea, or lail pmmptly to pay tully anq premium thentor, or in auy t+espect fedl to per~ form. diachargP, qcecute~ etlect, complete, complq with and abide by this oovenant~ or any part hereoi, asid ~ortg- sgee may place and paq for such ineuranoe or any part thereo! arithout waiv[ng or atfecting any opUon, Hen, equity or right under or bq virtae oi thla mottgage, snd the full apnount oi each snd every auch psymeat ahaII ~ be i~nmediately due and payable and ehall Uear intereat imm tl~e dste thereof untri paid at tbe sate of ten per aeatum per annum and together wlth sueb fnterrat sLall bs s~cured by the Heat of thi~ mortgage. ; s 4. Tb Pa'mik commtt or euiter no waete, lmnpalrment oz dsteslosatioa? o~ ~aid I?ropsrty ~ a~? Part t2~ereo~ s 6. Zb Pa7 sl1 and ainguiar the oosG, chu8u Bnd e~ensea, fncluding rea~oaoaWs Lwyer"a lee~ and cost aE abatracta o! tltle, incurred or pald st aay tlme by said l~iorigagee because and/or in ttie event a[ the failur~ o~ the patt oi the aaid ldortgagor to dulY. P~~P~IY ~~11Y P~~. ~+rBe. aa~ecnt~ etfed. oo~P~~? comply with snd ablde by aach aad avery the atiPuLtio~s. age+eementa. eoa?dtttons aad oovensab o! s~id promi~- ~ory note. aad this mortgags. aap or either. aad aaid cosb. cbargas and eo~pem~es. aach aud ever~. ~Latt bs !m- medtatel,j? due aad payabte, wrhetber or not Lhere. be notloq, demand. attampt to ~oollsct or anitpend1n . and td iuII emotmt oi eaeII aad even? web payment aball baar intere~t lrons tbs dats tberso~ tmtll paW at gtLe rata d tea rsr cenama psr annum; aan au .aca cc.b. charge..nd .spao~e+ .o Incurt~ea oe pale„ to~wb~ w?itb sach fn- teiwt, ~hal~ b~ ~sanred b~ th~ liea ot lhf~ ~wrtgagti. : ~ooK ~.51 540 { - ~ ~ ~ _ ~ ~ ~ ~ _ ~~x5 ~r ' 1 , I ~~~~rn` . x~.~=.: