HomeMy WebLinkAbout2086 ~
~
~ ~ ' -
~~t~~~ ~~8. ~ t,Tiat if sa`~ .~qrt~a~or shcill pay unto ~hs said .lfort~a,~ee
the certa~n promzaaory nate, of whicJ~. Lhe foll~win~ in w~orr~a u.~ed ~i
~~.~ea ia a trr~e co,n~/,
to wwitt: ~ . ~ -
, 1. , • . .
_ _
• y , .
' IN3TALI~~'$NT NOTT
~Q,iQ~ Fort Pierca Florida, Odtob«! , 19 `1
For valus received we. jo~tly a?nd ~everally. ~s prlncipAl promies to ps~y without defalcation to the order
~t ~wroi ~tiw, ~s! s~t~ .
the snm ot; ! • • • • f'!'j~, ~ ~ • • ~ • ~ • • ~ +DULLAR3.
with ;tereat ~ d~~
~~ra~;~ 96 per annum. in m~o~nthly inatallmen~
p~a.y~ le as lollowa,"
wit. ~ ~ rDOLI.AR3, on th~ ay oi 19
and + DOI.LARS, on the ~ da,y of each aucceeding month there-
after until the iwhole ~um nsmed ie fully paid. ~ -
~tch indallmmt llyd sball be app~ied ln payment d the intereat and then on the mtpaid baLnce a[ the princtpal aum. Ii default
~s made in tbe ps~rms~ d W installment vvtien due, then. at the option oE tbe payee all the remaining i~sbllmenb ahall beeome .
dus and ps~abie at aros. Prl~llege b~Ivan to psy two or more in~tallments at aqy time.
S~ouW it becoms ~eceuaq? to collect tWs note throuBb an atto~7. ~ at us. wLet6er maka, surey? ae~ indo~r an t6is
aote. b~ebf ~Wb~+ to pap all costs at collectian. inclading a na~ooable attacney's tee. -
~e makers. surltles and indoners hereat severaU~? walve peesentmeok P~'~d and notice of protest fot nan-payment af this
aote and a6eee that tbe tlme ot its maturtty may be eztended befoe~e ae aiter. mattuiq? and do fbrther several~y a~c+ee to aqy re- -
newal t~ereat betora et aftet maturlty. witiwnt noUcs at tLem.
State documentary /s/ Ivory Moore (3EAL) .
stamps attached tv o~iginal - /s/ Wilester Moore (s~L)
note and csncellsd)
(8EAL) {
_ ~s~~ ;
L - - - . . _ _ . -
~ ~
~
~ and shalt perfornL, comply with and ccbide by each and every tTte stipulcz~ioris, c~~'ree-
ments, conditi,ons and covenacnts of Said prnrrcissory note and of this deed, then thi~ -
= ~ee~ ~irect the esta,te hereby Grectted sha,ll cease acnd be null and void. ~
,~~1 the sa,id JKort~a~or hereby covencant8 and m~ees:
1. To pa,y all dnc~l singula~r tke principal dnd interest ar~d other sum,s of money
E' ~xzyaLle by virtue of said prnmissory note cind tlci.4 deed, or either, prnmptly on the
c~js respectively ~he aame severccll~ come due. . _
_ ,
~ 2. To all ccnd sin ula,r the ta..~.s -cassessment~s leuies liccbilitiea obli ations
and encu~
nra ~es of eve~ nature on said described property each and every
and if
the aame be not prnmptly pciid the 8aid .1Kort~agee may at czny time pdy the aacme
~ ` w~thout waiving or mfji'ecting the opti,on to foreclose or ctny right herer~nder, and every _
- p~ym~ent so mude shall bear interest frnrra the date th.ereof at the rate of S per
cent. per annu~n.
3. To pa.y ccll and sin~ular the cost,s, clr,arges and expenses, inclzcdin~ lawyer's
- fees, reiLSOna,bt~ incurred or paid a.t cr,ny time by said .~Kortgagee becQUSe of the fdilure
on the pcLrt of the said JFfortgd~or to perforsn, comply with acnd abide by each and
- eUery the stipulations, conditions acnd covenants of said Dromissory note and this deed,
or either, cznd every such payment Shall~bear interest from date at the rate of
g per cent. per annu~n.
To keep the buildingg now or hereafter on sc~id land insured i~a cc surn not les8
~n $11 500 00 dollara, in a company or companies to be
appror~ed ~j 8a,id .hfortga~ee, and the policy or poli,ci,ea held by dnd payablE to said
.1{Sort~agee, and in the event ccny sum of money becomes payable under sr~ch policy or
policies, the .M~ortgacgee shall have the option to receive and apply the .~acme on cccc~unt
of the indebtednesg hereby Recrared or to permit the .hiort~agor to receive and use it, or
any pcart thereof; for other purposes, without therebJ wai~in~ or inz~iring any eqrcity
lien or ri~ht under or by virtue of thi,s mortgag'e, and niay place and pay for such
insurance or ciny. part thereof, witlwut wc~iving or ca~'ectin~ the option to foreclose or
_ mny ri~ght hereunder, and each dnd every such pa,yment RluilL bear in.tereRt from. d.ate
¢ u,~ tli,e racte of g per cent. per annum.
~ -
' ~0~1~ ~~Q~2
~ ~ ~ #
._w.
,~.~.._r ' . . . ~y3 . ~ ~ . .
. _ ~ z
~ ~q Y