HomeMy WebLinkAbout1831 _ !
PROVIDED. AL~FAYS, t6at if the Mortaasor ~haU pay unto the MortRaRe+e the iadebtednees evidenceJ by
oettain pmaniwor~ note of wbich the (ollowia6 in Mrord~ +~nd 6gure~ i~ a true copy to-wit:
~
~ N~ i
1~~00~.0~ ~
: . Miuai. Floridz ~~z 1L~ 19 ~
FOR VALUE RECEIVED ~M ~1~T ~M M~M~sllsa pmmise co pay
co the order o ^
the principal sum o ~1 OI.I.ARS. together with interat
chereon irom date at che rate of ten percent.per annum until maturity. both principil and interest beingpa yable in
lawEul money of the United Stata at 203 Roper Buitding~ Miuni. Florida. or at such other place u the holden [~ereof may
daignate in writing. Priatipal and intaett payabk iu iwtallmentt as EoAows:
r~r ~l~o.oo) ~.u.,~. ~.~r ...~t ~tas.t .s w ,
~r ot ~o~...ti.:. ..sas.s.~ .s a. ;
lya M,~r .a~ ..~i~ .iM ..rqr ~r..t~~r ~1 ~
rii !t t1~11.
This note may be prepaid in ~chole or in part after one year trom the date hereof upon payment of a penalty
equivalent to two percent of the principal sum prepaid
Each inatallment payment shall be aedieed fint on the interat due. and the remainder on priacipal; and interat
shall thereupon ceau upon the principal so aedi!ed.
The maken and endonen of this note fnrther agree to wuve dtrnand. notice of non•paymenc and protesc, and `
ia che event ~uit shall be brought for the collectioa htreof, or che wne haa to be collated upon demand of an attorney. ~
co pay rea:onable accorney'a fea for malcing ~uch oollation.
DeEerml paymena hereundes ahali bar interat at t6e nte of ten partnc. pa annum from maturity until paid.
Thu note u secured by a mortgage of eveu dste hae~rith and u to be aonstrued and enfoned according to the law: ~
of che State of Florida; upon default in the pzymmt of prindpal and/o~ incaat when due, che whole wm of prindpal ~
and interest remaining unpaid ~all, at the option of the holders, beoome immediately due and payable. .
~,r. thur H. ~haf ~ er ~s~.~' ;
Laura K. Shut f er ~
~sEat.~
,
,
a~d shall perform, comply with and abide by acl~ and every tbe ~tipulation~. a~trremeata, cooditiow and coveaant~ d ~
said promiesnr} note and of thie deed. then thi~ deed aad the dtate ihereby crrat.yl shall era~e and be nnll and void.
1. The Mort~a6or hereby covwanu and a~rees:
To p~r dl ~nd sin6ul~~ tbc priaeipd ~ad isterat ~sd ~tl~ •~ua..1 m.oe~ p.rable by ~inue of ~aid promiwory note and ~hiu
deed. er eitLcr. promptlf oa ~he d.r rc~peni•dr ~6e wx ~nersllr betom~ dre.
(bl To permit~ e~mmit or ~~er wo w+ute a~d to s~ainui~ ~be i~opr~vemeab at aU tima iw • stne ~f `o~d rep~ir se~ e~nditi~n; ~nd
to do or permit to be done to yid premise~ aothieR tbat w~i11 dter or e6~s~e tbe we ~ad ~lu~r~tter o( yid prpert~ ~r in ~n~ ~+~r
imp~ir or Mreakm the aeenrit~ ~f tLi~ owrt~ta~pe. And is ea~e o( t6e retw~ ne~leet ~r inrbilit~ ~I tLe M~rtp~t~r rep~ir aad o~ai~tsi~
~aid propert7. the Mortln~e ~u1. ~t bi~ ~ption. aa~ke weL rep~in ~r nwe tbe ~ne t~ be ade. a~d ad+ranee moner ie t6~t be6df.
(e) To p~y dl and sin~tnl~r the tuea, awnm~enu. levip. li~bilitia` ~od ~bliptioe~ ereq a~trre ~a Nid ~eribed Pr~pers~ ae6
and every when due and parsl.le ~etordin~ to li~r. bdore1~e~ be~eoo~e deli~queey ~od te .drJ~ver b tbe MortpRee oa er betsre Wre6
15tb of eaeh rear u: rereipu evideaeinR tbe p~pnent of alt L~r(ull~ aope~ed wces tor tbe preoedins ulced~r yar; t~ indemaifr tbe
MorlRaRee upon hi~ demsnd for ~li ta:~.a.,srermcnu ~nJ e6~r~s t6~t mar bt asse~•ed uPon.t6u oertpl0e en the iadebttdaeM ~eenrod
here6r..nd p.~d br ~he mortpRK. .ri~hout reprd to m~ bw beeetsi~re eoaetcd or ber~~h~r be nuctrd impe~inR a~ment ot tbe
wrhole or sn~ p~rt thcreof upon the Mort~eee.
(d) To p~~ dl and ~ieRal~r the cwu. ebar~nn wd espea~e~, i~dudins la~r~en' tea awd ab.tnct eow reawe~bly incorrod ~rpu d q
sn~ time b~ ~lx NonRaRee benu~e ot the f~ilnre ee tbe p~rt ~f tbe 11dKt~d~r t~ pcefwm. c~ply writt ~sd ~bide b~ ach ~ad eoery
1l~e stipuluioo~, ~Urtemeats, eonditions and coves~au o( wd prosiwor~ nete uid t6i~ deed. or eitber. ~na e~ery we6 ~rmeM ~6d1
bear interat fr~m d~te ~t the n~e ot ~~n per teotu~n per a~uo• ;
(e) It i~ iurtbe~ eo~ewnted ~nd •Rreed br widp~ r1ie~ t6N is t6e evest ~f • snit bei~R i~Mituted t~ Ie~lwe t6is mottp~t, t6e i1Kt• i
ID~6a ~Il be eatitled ~o ~ppl~ ~t ~n~ ti~se Peedi~i ~seb tKtd~wt~t rait t~ tbe cawt b~~i~~ jori~dittiw-s c~net ~or tbe aOp~iai~ewt ~
~f s reeeiver of dl ~od sioRalar the mortp~ed Pr~pertl. ~oi ~f all re~. i~e~ser• Oh6b. iw~a ~wd ?~'~°'k'~ tie~e~i. fh° "~t~e~~
source dcrived; ~nd theKUpnn it i~ hereb~ e:preMl~ t~~awted ~n.l ~~t~esd tL~t t6e Gwrt r6d~ /~rthMit6 appei~t reeti~e? with
t6e ~wl po~ren and dutin o( r~iven in like eaw; ~~inte~ewt ~11 be nNie b~ tbe coart m~tter of ~trid riR6t to
the M~rtRs~ee, ~nd writhout rct~rcnce ~o the ¦deqwcr •r is.de~p.er o~ ibe ~.lue et i6e nro~e~ h~br p~oMR•R~d er ~e ~be .o1Yea~y
or iaolvener o~ the MnrtpRonc or •n~ n~her p~rtr admd~et h sneb snit. 'ILe M~rtpmr bereb~ ~peci6eallr wsivd t4 ri~t te
ebjeet t~ tbe appsintmeat ef • reeeivcr as a(ore~id awd bereb7 a~prtsdy cMSents tbat sseb appointo~ent ~hall be nude a~ an ~d~eined
equit~ ~ad ~ s wtter of ~Molate ri~tl~t t• 16e Mestp~ee rd twt t4e saam ms7 be done aitbont nMirr t~ tM M~rtpRw.
(t) U feteelosun preeeedin~ot rbould be iwtituted apirt t~e~r~pe rtr cevered b~ t6i~ mortpRe ~poe ~ay otbu lie~ er el~i~n w6aLer
dle~ed to 1?e superior or jnnior to the lieo of d~u m~etp/e. tbe M~A1~6K ~7 hir eption immedi~telr npon inNitmiow sw~h
- ssit or dnsieR the pendeocr thereof declare this mortp~e ad tie indebedAess .ce..ed 6er~cbr doe .nd p.~.bk f•Nh~~~b swd ww~ ~t
ib splioa preeeed to Iore~INe ~hiu wortpRe.
Tbat the NortpR~r ~+ill keep ol rcal and perswl propert7 u~a? ~r LeraJter eocumbrred br thr lirn ot this m~rtpRe inwred
~ mar be rcquired from time to tiu~e b~ tbe M~rtp~ee apiwt Iw b~ 6rq ~+indNOrn~ and otlwr has~r.ls, ~a~ualtiM and ~wMinRescin
for saeh periods wd lor not Ins tb~n sneh uawau r~ Le rq~ired br t6e Morip~ee ~nd to paf Prnmpd~ ~+6en dre dl pr~miuan
ter ~neh inwnace. The ~nounts of iwunaee ~eqrirea b~ tLt 1[ertp~tt th~l~ be the minimvm imoum• fer ~+hi~h wid imur~nr~ sha11
be aritten ud it ~6d1 be ioeambent epow t6e 1t~etp~ t~ Miwia s~eh ~dditioMl imonwr a ms~ IM nrcewn to ~nert ~nd eoa~ply
(oll~ ~+ith aU coiasunaee reqairemcnu eowieed is Mia /dieie~ t~ tbe md tlwt the wid :N~ripRor i~ nw~ • rain.nrnr ther~undrr.
Iasnraoee ~It be wrrinea br • compaos ~r e~iay~
.e~ .r daipwed br ~be M~R.~ •nd ,11 ~li~ie• •ed raKM.ls ~henot
.b.ll be tiela by ~e 'Me~s6.~ee. All deuikd de~iprti~ea `j tbe M~Appr w6ic6~ are ~ee~pt~d b~ th~ M~n~itce ~ad dl aper~uesu -
between ~[Mtp~o~ ~sd M~rtp~ee relatiwR t~ iws~rMee• N~r e:i~tin` ~t I~eref~tt? m~de, ~11 br in •+n~int and r6a11 be ~ p~rt of tbi~ -
mort~a~e ~Reanent rr fnU~ ~ tb~uRh ~et f~h ~erbstia 6erei~ ~~11 ~o~erw beth qeties hrn~e and tbeir weeerwn and nsipn.
No liea ~pon ~q d widM
licie~ d iaara~ce or ~w Tdosd or returru P?emion~ ~+biel~-_m~i ~ Wtable o~ t~e uncells~ioa ~r
ter~niaation t6ere~t. dull be Riven to etLer thae 1Le Mortp~ee. ~cept b1 ~pe~ eridot~ement d6sed tn wt6 poli~~ ~nd ~~oved b~
n
Mort~`ee. Eac6 ~lie~ of inarr~n~e abdl b~ce ~io~ed t6ereu • St~ad~rd ~M York Moh~aR~~ /:l~u~ .+ithom 4ostributiee, m~kio~t.
dl IoM or lwaa aede~ ~n~ pelic> >ablt t~ t6e 1[~rtp~es r ib i~tere~t roar ~ppnr. In tlK tv~nt ~n~ ~um ar wm~ oI moetr bKOmr
w~•ble ~ber~eunde. ~Le MonR.R« ~11 h~~e tbe ptie~ t~ raeire ~ad appl~ tl~e ~sroe sn ~KOant at th~ inAeMedww he~b~ ~sc~red.
or a pCflAlt II1! MK1pRK t~ ~ttt~rt u1d W! 11~ K Y> /Wl 1wNMI. ~nMot tberobr ~?~i~inR ~r imp~irinR ~w! eqaitr. lieer ~r ?iRht
under aod b~ ~rirtre ~f thia mort~a~oe. Is ereet ~f 1~ ~t ~7~ird daws~te ~e the morlpRCd p?~p?r17 Ibe MerlpRor slull ~v~ imwK-
di~te aotice t?ac~t b~ m~il t~ lIl! M~~1~R1! ~Od l~E M~n~RK ~r m~lce prwf ~f lar i( ~1K wne i• ae~ m,dc pr«nalr b~ ~be
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