HomeMy WebLinkAbout2044 ~rt1Ut~1p~ ~tllU~11J~, thut if said .rlfort~'agor sliall pay rcnto t)ce sa.i~ .J~fortgagee
tlee certain pmnaissorrJ note, of ivhich the folloiving in ivortls a~ed f~rares is a trice cup~,
to-wit:
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11, 49 S• 3 S ' fort Pieroe. Florida, l~~~Y 16 l 9~?
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Fo~ value reaeived, 1, we or eitF~ of us, promise b pay, without defalcatio~, to the order of i
III~IR,GARST V. ~$id41q at he= =~id~
Pisroe, Fiorida. the aum of ~M?mn ~eand Four ~utndred 8eviuty~l~ v~ n~~ARg
with interest from date at the rate of pe~ bnnum, in ID~~t~v instaiments as follows,
~ 100.00 16th day of ~r~. ~ 19~Z and a like sum
on the cor~espa~ding _day of each like succeeding period thereafisr until the whole be fully psid
hd+ h+stal.ynt fMst sA.q b~ ~aoi~d in p~y~epq of +M iMwat snd tMn on ~M u.p~id b~ira of Nn o?irdo+~ sw~. tf d~fwh ts urd~
tn 1M p~y~a~nt of anll LutaYn~nt wMn dw. ttrn at th~ option of tlr hold~r. and witAoul +nY oMw nWia. all 1M ewwtnkq irut~iea~nts aMd
b~ dM Md pry~bl~ M aK~. PNvi{p~ ia 9i~wn bp~ fwo er ~ae~ inaMlnfMfb af any iroqYMnf ~twiy d~N bM Mra fMll ~Wf ucl~nd 1!N tinr
~ m+~ry~ oF~
wbMp~wN irotalnrwl. N~i~ iorb~swnq. nor aco~P~ar?a by 1M hoWu INrwf afNr atry ~tfavit in M~Y PiY~+~ shaB
Exh ena4~r, wrNY ~nd w+doraa Mrwf. IoinNY and ~~wnt1Y. waira d~nwnd. Pns~nhna+t. v?otat and rwHet of Owhtt fo? ew~P+11~??
~nd turNw b+rw ~bnsion of tiww ot~iy~~ff, ~iMa b~Wn or ~fw nuturih, widwu~ nwic+ b+~w d ws +nd to piy dl oosa o~
COI~Kt~014 ffMOtlihl! ~f10f~M~/s fN i11 /M MNf1t Of defiuh INf~tllld~f. M1d ~1M~Y t~Y~?a11y wiivp all b~MHt of hollllslMd Mld
~7tl~pf~Ofl IR1dM COII~flhll~ql illd ~MH Of MC~I .ShN Of 1~M ~.Si~N~ Y pi~f1{1 ~t Ob~la1~j011 Of illY ~iNfl{~OII W(NNW~ ~1M~.
~tMIMi yM ~MIId ~Ild tM~ O~ NC~1 pifiy. .
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~~f i~VA~V~ ~ i~/OR• .SEAI~
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ancl shall perjo»n, complJ zvith and abide bJ e~ch and euerrJ the stipulations, ~
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ac~reements, conditions dnd covenants of sdid promissory note and of this deed, then
this deed and tlae estate hereby created shall cease and be null and uoid. ~
,t~1t~1 the said .hfortgagor hereby eovenants acnd ccgrees:
.1. To pay all an.cl sin~ular the prineipal arul interest ancl ~ther sums oj mo~aey
paJable by uirtue oj said. promissnrJ note. an~i this ~leed, or ei.tlr.er, pronaptlJ on th.e
daJs respectivelJ the sa~ne severallJ co~ne drte.
To paJ all and singular the ta.res, assessments, levies, liabilities, ~,bli.sQtions
and encrcmbrances of ever~J ~rature on said d~scribed propertJ ea~•Ii ancl everJ, ancl
if th,e same be not promptty paid tjie sczid .hfort~sa3see mcty at any time pay the same
without waiain~ or affectin~ the option to foreclose or any ri~ht hereunder, and everrJ
payment so made slzall becar interest from the date thereof at the rate of eight
per cent. per annum.
?'o pay all and singular the costs, claargPC and expense~, i.ncltulin~ IawJer's
fees, reasorm,bly incurred or pccid at ciny tim,e by s~id .M~ortgQ~ee becazcse of the failure _
on the part of the said Jtlort~a~or to perform, complJ uith a~ac~ abide bJ each aiad
every the stipul,cttions, ctgreenaents, conditions and covena~zts of" said prumisso~~rJ note
and thi,s deed, or either, and every sucla payment shall bear i~aterest from~ dute at the
rate of eight per cent. per annum.
To keep the buildin6 n.aw or hPreafter nn. saicl la~td i~lsr~red in a sr~m not
less than highest insurable value
~ in a comp~nJ or compa~aies to
be acpproaed by said Jbiort~c~~ee, and ~he policy or poZicies held by and payable to said
.Mort~cc~ee, and in the event any srcm of monPJ becomes pa.yable under sucli policy or
policies, the .hiort~c~~ee sluLll haae the option to receive c~nd upply the same on account
of the indebtedness hereby seczcred or to permit th~e .~lortga.~or to receive and use it, or
any part thereof, for oth.er purposes, without thereby waivin~ or im•pairin~ any eqrcity
lien or ri~sht under or by virtt~e of tkis mortga~e, and may place and pay for such
insurance or dny pc~rt thereof, without u~aiving or afj'ectin~ the option to foreelose or
any ri~ht hereunder, and each dnd every such par~ment shall bear interest from date
at the rate of eight per cent. per annum.
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