HomeMy WebLinkAbout0399 MORTGAGE NOTE ~LE.3346 PA~:~OO ~ ~
f
Florida . !9~_ ~
~ __~jtaQ4sa4------
FOR VA~UE RECEIVED tht i~~~d~rsigne jvr?uly and ser•erallv promise m~y to the oid~? ol
! rh~ principal ~
~um oj ollars !~-~~'~~~.~1 ~
r~~~ethtr ?+~irh intertst ~htrton Jrom -at ~ht raie oj._-~--- per ctnt. per annum unti! maturity.
The said principal and interes? bei?eg payablr at , Florida. ;
a~ sr~ch o~her place as the holda her~oj may esrgnatt in ?.~rurng. e sa~ p~incipal an r erts being payable in ti
~~i~»~thly instal(men~s oj Dollars 1
day oJ each month, beginning on ~he_~-day vj-.r3~"~"`! 19~. and continuing
c~rt~il the-~- dpY o1 19~, a~ N~hich ~inte ~he t~ttrrt t~npaid principal balanct, togethtr with
s~rc.ued inrerest ~hereon. shu11 ht de~e mtd pa~•~ble. Each i?tsinllment pa~•ment shaU be credited Jirs~ r„ ~he inttres? then
~hre und rhe remai~ider on principal, und in~eres~ shall thereupon cease u~on rhe ~rincipal so credited. ;
This note may b~ prepaid in whole or in purt.
7his note i~ eecu~ed b.• a wroitRos~ oj ecen dore h~?er~rh und i. +o br .•on,rrued und en/wced atto~dina to rA~ laws o) thr Srur~ o) F7orida. Upw ~A~
!~:1u.r oJ rhr rnakr?: h~reol to po) un~ .uw~ nyuirtd to be pafd br tht tnm~ ol this nott or rh~ ~~curin~ mortRQtt. Pron~pth r6rn tht. .r~trall)' bttome dut. w
a;~.~rt tht braaih o: an)' ~riputarion. averncenr or coc~aawt ol fhfs note or ol thr stturin~ morlfa[t. rhs tntiit s~nr o( Drir~ci~.a1 end l::ir~r+l renwinins ~wpaid
~~,.11. ar tlee oprlon ol th.e holdtr hrreol ~~t ~M~Mrdwttlr Ore and pa)ub1t. fa~lwrr to ~isrcu~ ~md o~~tron ,holl not con.ururs a rai~ti ol tAe ri~Ar ro ssereist
t%:r »..~t ut an)' srbstQu~nt timt. ~ S r tent. r ann~~w
7his eott. inchd~n~ an)' in~mUmant pa.rmenr ol p~incipal ond/or inurtst. ~hul! bror inf~?t~~ ut rh~ rarr ol ~
~.om rhe ?rspectirt w~atunt~• dott thrreoj wntil paid.
Eoth nwk~i aed tndws~r aRrees. %oint!)' ond st~nallr. ro pe)' a11 cost o1 tulf~cr~on. incfud~nR a rra~onabl~ ofrorety't Irt. iw tMi .•~~t this no~e. ieelydins
::m irurs!/wunr pa!n~enr. is eot paid Vromptl>• wArn Jrie. and tAt same is Rn~n to ~n ortornti' lor rntletuow. ~hrthtr ~wt be b~ouRht or nof.
Eae'h makt? aed tnJorse~ srvirally •oi~es d~+nand. raru oed notitt ol +~turin. ~on-pa~mt~~r os protnl and all otht~ rtpuirnnenft ntttssary fo ho1J tatA
rharn liuhlt,,a~ waltrc ond trtdo'•~?.. L~ i a~
(SEAL )
~ s ~tu0~ /Y~~! 1
~r_ (SEAL) !
Joafpl~ J. ~~stsso, iees~tarY
and shaA perform, comply u~ith and a6~ 6y each and ev~y tlie ~tipulationa, apreementa, conditions and oove-
nanb o~ said promiasorq note__.__.. and o( tl~is deed, tken this deed and the eatate theroby a+ented ~hall cease and
be nuli and void:
1. The Mortgngor hereby oovenanta nnd agrees: •
(n) To pay aU and singular the and tnterest and the variow and aundry suma o/ money p~r-
a6[~ by .~t~ of tl~e abone c~eacrt promisaory note_.._.... and this mort age. ~ any and aQ renewu~s of
the same, or any part th~eoj, and aIau any and aU other loans and/or ~uancements mhich may 6e made
by Mo~eg~~ to Moreg~or, promptly on the daya neapectively the same sevennUy become due.
(6) To pay aU and singulnr t1~e taxea, assesaments. Ievies, IlabiliHes, obligatioru and encumbrnncei oj
every nature. on aaid desni~ prop~t~ each and everq, and ij ehe aame be not promptly patd tl~s Mortga-
gee rnay at nny time pny tl~e same witl~out waiving o~ ajfecting the optlon to forecjo.re or,any rtg~it here-
~ under and ever~r payment ao made s1~U bear intereat jrom the dnte tf~ereof at the rnte of....._....a.~__...per ~
~ oentum per annum.
i
` (c) To~
y aU and aingular tiie ooses, cTiarge~ and expenses, includi~ s/ees and abstr+act aosb
' reasona6ty incurred or paid at any time by the Mortgagee 6e~oauae of !he
~n~ on the part of tl?e Mort- ,
i g~ eo pe~orrn, oomplq with as~ abide Gy each and eue~r the atipulation~. ~ree~a. oondteio.~, a.~d
~ oon~r, of satd indebtedneas and aatd pmmissory note---_--. and thia desd. or etthe'. and every sucl~ pay-
~ ment alinQ fis~ fnter+eat ~e+orn date at t~ie ~+ate of
----.....LS_...__._.....per centum per annum.
~ To Teeep the buildinga rwru or l~ersajt~ on anid Tand in~ured againrt lois by jtre tn a su~n not iesa
~ full insurab e~ ull insurabl value
~ tl~an E.---------_ ~nd ~osa by u~indstorm ~n a ium not Ieaa tlwn ~h '
~ a compnny or compantea and tlu+nugl~ Iruunaruaa Agents or Agencies to jie named and derfgnat~ ~r the
~ Moreg~~ a.~d tl~ Poi~? or poi;~ shaA be h.1d 6y ~d ~?abi~ eo ehe Mo~e In tl~ s~nt ~y ~
~ of mo*~e~ becomes papable wider auch policp or poGdes. the Mortgagee sha~ Iwve the optton to reoeiae
' anc~ app[y t~e same on aacount of the indebtednesa l~ereby secured, or to pernut t~e Mortgagor to r+e~eiw
and u~e it or any part thereof Ior other p~~ q. mitbout there6y wai~in~ or fmpairing any squih. ~ten
~ or r~ght wuIer or by virtus of thia deed, nnd t6e Mortgagee may p~ace and pnr or such inrunanoe or any
~ part thareo~ wfthout u~alving or a//ecting t?~e option to foreclose or any ~g/~t ~reunder. and eoc~ and
e
~ e~ ,~h ~y~?e :ha[[ b~ intese~t ~rom date at t~e rate oj .........1.5______________ per centum per annum.
~ (e) To porn~it, oommit or suf~or no wcute. irnpairment w deter~onation of ~aid prope~tp or any part
f ehereo%
~ Tl~e t~~y o/ ,atd auma o/ ~o.w~? J~.~n rgj~.d eo 6g not promptly and f
ullp paid tisltl~+..__._.~.5
~ .~xt njter the ianw sev~rnUy 6eeoma dw and papa6le or tj eaclt and eaery ti~e atipulationi. og~e-
ment,, condFtfons nnd oov~nanb of aatd promtaaorp note and t~la deed, or either, are not {tsu~r perf~
compjied mith and a~ifdad ~r. t~w said aggregatt sum mentioned fn said promissory note. antl any
~ t1~oJ. and aU tndo6e.dne„ ~rom Mo.egago. eo More age.. ,hal[ 6ecom. due ar?d pa~?able Joreliwtel~. or
~ tl~sno[ter at the option oj the Mortgagee as ~uU~r ~eomp~ete~y os i( tlis snid a99*e9ate aum of aafd in-
- dabbdna~ and safd ~mumlts~ note wa~ originnUy st ulated to 6e paid on auch day, anythfng tn snid
promLaory nats or j?a+ain to t/~ oonfr+nrp nofiott~at~ing.
Tlwt in order to aoce4rot~ tIw moturttp o( tlw inde6ted?~esa her+eby iecurod. 6acaus~ o
f t1~e Jait-
- w~ of t~e Mortg~gor to pap an~r tax, auetament. Uabt~Itp, o6ligation or enc~un6r+ence upon wid propertp.
ar ~~r~in provided. tt ilinQ not b~ necwaarp nor requiiite tl~at tlie Mortgagea diaU ~irst pu~r tl~ iamt.
_ (h) To ~Jo.n~, comply witk and a6ide 6r eacl~ and everp the stfpulationa. ~.,~~na, ow~diho~, ~d
- aov.,wne. tn ,atd promt.,orp noe. and t~t e/d, deed ,~e forei~.
_ 2 Tlii Tbn ha+~o/ iliaR ext~nd to ond inelude ehe use. renb. and proftts o~ said pramiia. 6ut the Moreg or
= il~aU Iwa* tI~ rtgl~t to nmatn in posiearton o~ iatd pnmLoi ar~ en/op !l~e use, aru~ to reoei~re t/~ renb ond pro fts
= tf~wr% u,te/wae aooow~etng eo el~. Mort~op.. e!?w./o~. io bng as elwn. ,f~aQ b. no d~f
aule {~..+~u.~der. pro
tlwt tn t/~ ~wnt o/ onr s~h d~laule for a p~rtod o/......._} ._..~a~rs. tlse Mortgag~a i/~a~I 6t entitled to ~
= e/~. po...s.toe ond u.. oj ,ardmo.e~op.d~ . ond to natne ~ apply elis nee re.~a u,sd proJu, eTwe+sof
.
upon o,~ toa?ond t?u poy?n..~t e/ tl~. .tnd
6t~dnpr 1~...6p ..cnnd.
~ ~ . ~163 P~ 3 '
. 98
~
Fw
r 3
n ~ . . _ t: i'~
?~h " ' l ' _ . ~
~~~-i~T~w"`~?,+~._N..F".a~,
ti ~ .Y . _ i•J x. _ v~~~.`.~