HomeMy WebLinkAbout0240 ~ri1Ut~1P~ M11UM1J~, that if said ~llort~sa~or shall pay rt~rto the sai~ ~llort~a.gce
the certain pro»tissorrJ ~tote, of' zvleich tlte follor~~ins i~~i rvor~ls an~ ~'~rcres is a tr~ce cop~,
to tui~t:
_ _ .
. . ~ ,
~ s~,~~~~ Fort Pieroe, Florida, i~ 19-~- • '
v I, we o a thsr of us, promise ro pay, withouf defeketion, to the orcJe~ Qf
~
_ at
' " DOLLARS
pieroe. Florida; the sum of
with imerost from date. at thn .~ats of per ann~m,.tn ~x.-- instalments as fol{ows,-
~ 4~s.Z~ on the day of ; , 19~_ end a like sum
cn the corresponding day of each like sucoseding period thereaher until the whole be fully paid .
Ed~ 6rqle~nt fint ~N b+o1?li~d in wY~t oF tM LNw~~ and Ilrn on tM unwid babna of d+~ P~P~ wm._ N ddwh M nrd~
b IM p+~n+w~~ of anY Mrtal~nt wMn du~. Nwn ~t 1M op~ion of 1M hoWM. and witF~out ~n11 otMr notio~, sll tM nwlrunY i~ubMw~fs shad
b~ du~ and WYabM d a~q. PrhriM~ i~ piwn bpa~ two or mon intalernfa at ~nY ~qqiw~ awturitY d~N but Ihis Jrll no1 eaNnd 1M tia~
of wr~wihr d r+Y s~bw4~+~ imt~4n~nt. WINrr io~bNrr+ct. na aa~pqna bY NN IwW~r Mnof sfw aiW dtfwh in a~w WY~~ Iw~~on. ~Mp
a E~id dwk~r.~wM? ~nd ~ndonw Mr~of. (oinNy and wwr~W wah~a dN~wd, P~++~~+t. P~~ and noUc~ 01 P~oti+t fa na~fl~n~n~
and fur~ b+eY e:irubn of Hn~ o~~t ~Itlwt btton or ~ mNurity, ww~w+~ uotia M anY d v+r ~d b p~y all aoW o~
~ eolbction, ~a rwoe~bM ~11we~t~'a f» tw tM ~t ofany d~ef~uh MrwidM. and hr~bl/ ~~~N +r~Ms ~II bwr8t W ho~sfwd ~nd
~:~Wion rndn eartihMion aad bwt d wch SMe d d» Ueit~d SqM~. u+WMtf thb oblipstian or +~f/ ~xNiriou or r~wal Mtwt.
WiMwa ~Ir Mrd and wl oI wd~ Part~r.
~ ~ a~q~ ~ ~sa~~ ~ - - cs~nu
a~! ~ ti~ ~d.~bo~q~ . ~a~ltY• s~?~~
and shall perjo~m, con~plJ ic~i.th a~rcl abicle bJ e~ch a~rd ezerJ tke stipulation,s,
cL~reements, conditio~as and coucna~ats of said promissorr~ note and of this deed, then
this deed and the estate herebJ created shall cease and be null a~ad aoid.
,~ri~1 the said Jllort~ca~or hereby covenants and agrees: ~
I! .1. To pay all and sin~iil.ar tlae prin.cipal'nn~l int~re4t ~ind ~?th-~~r srcros oj moneJ
E payable bJ virtue of said pro~».issonJ note ~ird this ~le~~l~ OT P1tIlPT, pm»ipt1J ~»r the
k clays respec~ively tlte sa»ie~ severallJ contc ~lue. ~
~ To paJ all ~nzrl sin6ttla~ tlze ta.rc~s, « csessm.ents, leries, liahilitics, nbli.sations
~ ~r~ad encumbr~nces oj everJ ~r.~ttcre o~r sui~l ~l~scrihed propE~r[J eur•la an~l ever~, and
~ if the scame be not promptly pc~id the said .hfort~a~ee naay at a.nJ time pa~ the same
~ without waivin~ or affectin~ the option to fo~eclose or anJ ri.ght heretcn~ler, and everi~
payment so made shall bear interest from the date thereof act tlie rate of eight
per cent. per annum.
?'o pay all and singular the costs, char7rs: and ~.rpe~rses, inc~ltuli~t.g lawJer's
fees, reasonar,bly incurred or paid at any time by said .~Tort~agee beca.rese of the failure
~ on the pcLrt of tlte said .Mort~a~or to perform, conaplJ u•ith. a~r~ abi~le LJ e~tcli and
everr~ the s~ipzclations, a~reements, co~aditions and cor.Pna~rts of~ scri~ pro»tisso~y note
~ and tltis deed, or either, and every stcclt payment sliall Lear i~aterest fro~n date act ilte
~ rate of eight per cent. per annum.
To keep tlae bieilclin6 ~r.or~~ ~r hPreafter ~~r snicl la~rcl insiired iir a sr~n~ not
~ less th.an highest insurable value
~ is~fdxx~ in a co~npa~ai~ or c•o~rtpa~ries to
~ be approaed by said J~iort~a~see, c~nd the potiey or poliei,es held by and pa~able to said.
.~fort~d~ee, and in the event any srcm of mon~J becomes paJable under such policy or
poliei,es, the .hiort~a~ee shcalt laave tlae option to reeeive and applJ tlie sam,e on aceoe~nt
of the indebtedness herel~y secrcred or to permit tlae .ATortgagor to receive and use it, or
any pacrt thereof, for other prcrposes, withorct therebJ u~aiui.n~ or irnpairing any e~uity
lien or ri~ht under or bJ airtue of ihis mortgu,~e, and nzcty place and, pa~ for such
insurcance or any part thereof, u~ithout uaiving or aj}'ecting the option to foreclose or
any ri3sht hereunder, and eaclt dnd every szcch pciyment slutll becar interest from date
dt the rute of eight per cent. per annum.
eoor 153 240 -
, ,
. : ~
;z.~: