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HomeMy WebLinkAbout2619 i ~'o ~tue ~nd to ~iold !tie sams, togetf~er with Ihs lenements, hereditan~enla ancl appuNe- nances Ihereto tie~onging, an~ fhe ?enfs, issues and pro~ils I~ena~, unfo fhe morfgage~, in ~ee sfmple. ~ the mortgagor rnve~iants with the morfgngee tl~at tl~e mortgngor ia inde(eati6ly setz@d oj scid Iancr in /ee simple: Ihal !he moHgago~ haa 9ood right and law~ul autho?ity to conuey sotd l~.~d as a/ore- ~ said: that ~he mortgagor u~ill malre such /u~ther asswnnces to per/PCt the (ee iimple tttle to sntd Iand in the ~ mortgagee as may reasona6ly be required: tl~at Ihe mortgagor here6y lully wwtnntt the tiile to ,~atd io?~d an~I u~ill deJend fhe snme against the lawjul claima o/ nll penons whomsoever; and fhat ~a~d la??d t: ~?ee and clear o/ all encum6r~ances ~ IT IS HEREBY specifically agreed t~~t anq sum or sums which may be loaoed or advanced by the Mortgagee t o the Mortgagor at any time after the recording of this indenture, together wit int erest thereon at the rate agreed upon at the time of such ; loan or advance, shall be equally secured with and have the same priority as the original indebtedness, and be sab~ect to a 1 the terms and provisions of this mortgage: Provided, that the aggregate amount of principal outstanding at any time ! shall not eaceed an amount equal to five hundred per cent f (50(96) of the principal amount originally secured hereby. ~ 1 ~ ~ I - I ~~V~~ ~Ays~ f/~at i( snid morlgagor shnll pay unto said morfgagee fhe certain promu- sory nofp hereinaf fer su6stn~itially copiec~ or idenli~ied, t~~-wit: E # =2Qt~J00.00 - , . Ft. Pieres, Florids - . ~ = ~ - . Fsbrs~sr~ 1, 1967 _ ~ For valne reosivad te pratiss to pa~, ~itho~tt detaloatiou, _ to the order af PHII! a. AOIIR3S, st the 3t. Zuois- Canat~ Be~nl~ . at Fort Pisres, Florlds ~he stt~ o~ T118ATY THOII3ARD DO?~I,J~R3 ~ ~ AIID 1~0/100 (i20,000.00) DOI.LAIt3, togethsr with intereet at - ~ the rate oi 6~ psr a~n~, payable as follows, to-~wit: 1'hs ful~ balanoe, tog~ther wlth interest, - ` she11 bs dae and pa~sble on deaand. i Eaah inetsll~e~t tirst ehall be applied in pa,aant oi t~hs prlnaipal en~. I! deianlt 1s ~+sd~ oas th~ p~seadt of e~ inetallasnt *hendne, theaa at ths optio~ of the holders, aQ?a withont a~ ~thsr notioe, all th~ rs~ati~g installsents s~sll be due and payabla at ones. Forbearanee s2~a11 not be dee=e8 sutsneioa. Privilege is given to p~ thie note in whole o r i a psrt at a~ tise wi tho~ psnsl t~. Saoh ~alcer, eurst~ and sndoreer hereoi, 3ointl~ and ~ eeverall~ waives de~e~nd, presesit~tent, protest ead notiee oi protsst !or nonpa1?aent asd thrthsr sgrees to s~ e=tension ot tiss o= pay~ent •ither b~iors or aft~r satnrit~, withaat notios to a~ ot ns; and to pa~ all cos~a o! colleation, including s reseonsble attorne~'s fee in the event of an~ d etanl t bersnndsr. ~itness ths hand and ssal oi esch part~. ST. LIICIS AB3TRACT ~ TITLE IaSURAIfC$ COllPAIiT : : : : . S , ~ i , • L:~~ClJ~ SEr;~ ~ f;~,,.~`3T!]'-:P 1:.~t ~ l~' / ~ _ fi.:R-'s'67- = ~ - - - p ~ ° = ~t ~t ` ~ ~ 3 0 0 0 = • ourse, s. v~ c,•. ~~a _ ~ ~ ~J~ pg..~„~_~ Attset: ~ tii~~ ~ ~ /!/Qvl~`.9 e . oure~, eo rs . aooK164 p~2616 il I ~ - ~ r~ , > "~~"~;r_„ ti ~ . :~v::