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~ ~ ~ MORTGAGE T.0 S,~CURE 11tOT~ . ~
- ~ ' FLORIDA ' ~ ~ . . . . .
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~ 29th : _ . . i
Tms~ ~aonro~a~. ~ t~ . ~ . a.~? oe ~ ~ June . : ias.Z~
~v ~~~~~r `'waS.~l~,,; ns: a/~:/a ~leanor~;. C^ Ba~-er and ?';a.l~ iaa:~ i. Balcer~ ~
~~tt~h~nrl i _ . . • e. • -
~ . Pl e?' G ~ . . • - - ~ Fiorida, bereiaalter called Mact~a~ors.
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~ - ~ ~ ~ ~ Ii•~~ •.era~ ndustries, Ir_c. . .
- . - : ~ ~ . . • . ~ . 1~inatter caII~d M.or.t~yt~:.
In consideration a~t the Prin~ipal suaa set out in the- Da'emissors?, note- o! -even date herewith Lereinalter ~
described. and ioir other valuable coasiderattons. th~ Moart88~ ~~Y 6~k ~r8ain.. aeD. alien. remise. relesce, ooava7 ~
and cantirm unto Mortgagee. its auccessors aad assigns forever. t6e fallowing described pmoperf,Y. situate i•• ~St. . j~uC18
(7ountY. ~ ~ . . -
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s 1;. S_3C1 ~ ~ OC:: 5 ~ ~ • ~:een t s ~t? JC~l~IlS3.-OY1~ = ~CCOT'C~].Ily '~'i0 t~2@ • '
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~-?la~ t,lereof~as ~recorde~i in _~'lat Booi: _1,- ~a6e -l~l,- o the I'~~~*~P~~ y
::ecort~s o~ I~~cie Coi~t~, ~ lorida. ~ - ~--RECUVios ~?,~~~w~s~E~~~'O ;
- . ~ OUEOM T~GNI?rtEUl072a.aCT~OF~9+~• :
_ ' • W~?M~~A~~ ~Ik ~K~'t C=~M1 . . '
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? ~ DOCUMENTAp`t .rS_ilaMP TlaX as I?g'^t ~ Tax ~ ' ~
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4~ COMPTROIIER ,~t P = - - _ . - . .
Q{~~~onti8 °yra-' ~ . . . _ . ,
: TOGETPFIER WPl'H all and singular. the tenem~ts. heseditaments and appurtenances tl~ereanto belonging or in a~ywlse 's
appertaining and the reats. issues and pragts ther~.wf. and also all buildin8s. structures and oWer imp~ovements now or here- t
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aiter situate thereon. . .
TO -HAVE AND TO HOLD in fee simple t~e above granted and describ fd premises unto Mortgagee. its successors and
astigns forever. The Mortgagors hereby covenant with Mort~aQee that they areli~iefeasibly seized of said land in fee simple;=tltat .
We Mortgagors have full power and lawtul right to c~vey We same in fee simple as aforesaid; that it shall be Iawiul for Morw ~
888~? its successors and assiBns. at all times peaceably and quletly to eater u~on. hold. occ~PY and ea~oy said land an~~very ~
part thereoi; that said land is iree irom all encumbraaces: tLat the Mortgagors will make such turther assurances to perfect ;
the fee simgle title to said land in Mortgagee. its successors and assiSns. as m~y reasonab~y be required; and ffiat the Mort. - ~
gaSors do hereby ful~? warrant the title to said land and eeery Part thereoi and will defend ffie same against tbe lawiul claims
of all P~'~s wLomsoever. - - . . . . . ,
PROVIDID ALWAYS. that if the Mortgagors shall: tl) pay unto Mortgagee that certain promissory note. ezecuted by them
~on~urentir bQre..~w,_in tbe ~ oL,_~~-",t~~_ousan~ one hur~urec: se~*er.t~r ~o~.z~ and i:Gfl~,a~ .
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ct t~ ~ ~%'~r- ~C satd su~ be~p~pa,v~e.in. m~ont~ly ~~~ts. o~ 73 . 50 eacb. the tirst inst~Ument due ~
mP 15th a~„ or AuRUSt . 18s~Z_.ana an aaditional instanmeat to be paia oa thP ~ 5th aa„o -
01 each succeedia8 month thereafter tar on the last daY oi a~qY succeedin8 month whirh haa no siich day) uat~ said~sum ~as been
paid in fuII eacept the Snal installment shall be the balance due and (2) perform all the covenants and conditioas oi said psom-
issory note and any renewal. eatension or modiScation thereof. a~ of tbis mortgage. then this mortgage deed and the estate ?
created hereby shaII cease and be null and void.
T6e Mort8a8ors furthe! covenant and' agrete to and with Mortgagee: _
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1. To paq promptly the prdacipal and other sums oi money payable by vIrtue of said pmmissory note and of this mortgage. ~
- 2. To pay aII We tazes. assessments and eacumbrances oi every nature now on said described property. or that bereatter
may be levied or assessed thereupon, when due s~ payable before they become delinque~rt, and before aqy interest attaches a~
anY PenaltY is incurred and P~P~Y MoztgaBee with proof oi paYment Werefor.
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3. To place and continuously keep, on the buildings no~v oe hereaiter situate on said land. Sre and extended caverage in- ~
suraace ia an amount of not less than tbe amount which may irom time to time be speciHed try the Mortgagee. in such insu~ #
ance company as may be approved by Mortgagee; provided, however. that ii Mortga~ee shall at a~+ time be obligated to main- -
tain Sre and e~ended coverage insurance on said buildtngs. the ~ortgago~s, sball ~e ezc~sed irom pertormance at tbis obli-
gation to the eztent oi aay such duplicate coverage: All insnrance policies od fbe MortSaBors shall contain the usual standard '
raa'tBagee clause makinS the loss under said Policies payable to Mortgagee as its iaterest may appear; ana e~?e~ such poucy
and all renewals thereot shall be promptly delivered to and held by Mortgagee: .togemer arith a receiPt tor the premium
t6ereon. Mortgagee shall have tLe rigbt to adJust with tbe insnser aay loea utider ~q such Ddic9. and a~r such ac~uatm~t ~
sLari be canclusive on the Martgagors..MortBagee shall have ffie right to receive and collect all proceeda paiid on an~y claim 5ader
any such pollcY. b endorse the Ma~tBaBors' namea to any cheet a~ other inatrumeati ot paymenk and to apWy such proeeeds ;
in payment oi anY amount d~e under this mottBaBe and the note secured heseby a»d aq~ e~s incurred b9 ~d'a ~ i
P~~~B any claian under a41 such Policp. MortBagee shali PaY b the Mat~go~a t~e balance at tbe pa~ooeeds. it a~. rt s
maintng after the atoreaaid deduct~oos. Nothln8 conteined herein shaII impafr-ar ab~+ogate tbe ri~t oi tLe Mortgagors ta p~o~ ~
cure insurance form an ageat or comP~.Y ot their aovn aelection as provi~ed in the ~i~urance la~vs a~ tbe state a[ FLoeida. ?
s. To PaY aII aad sin8ular the cosb. chasSes and ~~enses. iacluding seas~aabie attocne9's fees it rrfezred fae oallect[an t~ ±
an atto~neY not a salaried emplayee d We Mortgagee. and oost a~ abatracts ot.tltle. factQred oe PaW at atp t~me b7 Mact~ee `
because o~ the tailure on the P~ oi the Ddortgagors to pertacin the coaditioos aud c~d'veaanb at said p~+omiseae~ note and d mis ;
mortgage, i
5. To Permit, commit or s~ifer no baai't~,~ imPaisment: a~t deteriorat~an a[ said p~+ope~ty or a~p part ~Lrreo~. ~o loee~ and .
maintain the aame. including all bniWinBs ~now at he~reaftef tit~tate on aaid Premises. in ~ood ca~odi
~ repair. and pe~omptl,~ ~
BtY11I 1~ r PIIGE , . ~~C~ Tj. 3a ~ 3 • • . . . . .
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