HomeMy WebLinkAbout0995 P1~OVid~ ~WBye~ tha~t if said Jlfort~a~or shail pcy/ unto tha said Jlfort~a~ee
taie cartasn prnn:issory note, of which the followin~ in taords and ~l~ures is a true copy,
fa wit: - ~
~i1~06•~4 . !'t. P~~c~, ~l~t'ida ~ ' .
~ ~bs~' 2'l• 196?
~ l~or ~alus rscsived. w~ proa~le~ to pgy. aithout dsfalcatice~ to cbe ordar a! WAY1iB 6.
ALtaN and ~0 ANII A. A~~1, his ~ritr. at 1r905 q~ A~. ~'t. Pierae. ~lorida. t1r ~
or ol~ T'HO~AI~ lT11B H~ID~ su A11D l10/100 (~Sy06.00) DOLLIRS. t~tbsr vith irt~r~st
trow ~L~ at ths rat~ cf d~ P~r' a~. Py'ab1~ in t!r la~l,~it~ ~anasr:
=50.00 b th~ Sth d~y a! Fibruary~ A. D. 1968 aod ~5~.00 ea t~s 5th dt~y a~ na~cb
suioos~cling eonth t.bs=w!'tsr ~mtil suah tir as t~s ratre bas bs~n paid in l1Ll.
E~aaD ie~rta2la~nt lirst aball b~ appli~d ia pqrnt af tb~ int~r~a~t, aad t~ti co t!~
~pa~d b~l~ ot t.1~ pn•inaipal s~a. If d~!'ault ~s ~d~ oo t.~r p~nt ot at~pr inactalLwrt
~ cius. t.l~ aL LM rptioei ot t.hs Dald~ra, aad ~rithout aq~r ~r no~tio~. all tlw r~in~
ia6 SnatalLrats shall b~ du~ snd pyrabl~ at oac~. Firbsarana~ sball nrt b~ d~d
aoct~asico. Privi lag~ ia gir~n to pq~? this in ~hol,~ or in part aL aqy tir xithait '
P~ntll,l• -
8aoh tnltez. sur~t~Y and ~od,o:'~=` h~:+~of. ~oint?~Y aAd ~w~ra3~j/ vaivs~ d~wand~ par~s~t~tar~t~ i
prot~at and notio~ o! parot,~at tar Aoap~y~snt and t1~tb~r ag:ws to aqy eoct~sioa a!' Lir ~
of p~y~s~t ~itbsr b~for~ or ai~tsr ~aturit~. Wit~out a~tia~ to aay of us. and t,o pa~y a11 ;
costa a! aall,~ctioa. includiog a rsaaonabl,~ attorn~y ~ s fi~ ia t.hs a~nt of a~p? cl~fault
hsr~und~eac~. ;
Mitnsss ttr haod and ssal of each psrty. ~
/a/ Sidney N. Perkins (S~al)
~
/a/ Marjorie B. Perkins
/
~
~ an~d sha11 perfo~in, comply with and abide by esch and every the stipulations,
cz~eem,enta, conditions and covencLnt,s of said prn~rcissory note and of this deed, then
thia deed v,~r~d the esta,te hereby created shacll cea~se and be null and void.
~ AIl(~ the so.id Mort~agor hereby, covenant~s ccnd cc~ees:
.1. To pay all and sin~ular the princzpal anci intere8t and other sums of' »wney
payable by virtue of said promissortJ note and this deed. or either, promptlJ on. the
days respectively the same seve~aiiy co~ine due.
To pay all and sin~ular the toxes, assessments, levies, tiabilities, obligations
and encumbrances oj every nature on said described property each and every, and
if the 8cwne be not prnmptly praid tlae sctid .1Kort~d~ee rnay u.t dr~y time pay the same
wit.hout wccivin~ or affectin~ the option to foreclose or ~,ny right hereunder, and every
p~acyment so m.a,de sh,czll b8ar interest from the da.te thereof at the rcLts of 6~
per cent. per o,nnum.
To pay al1 and si~t~ular the costs, C~L(1T~P4 anci expenses. including lawyer's
fees, reccsoria,blrj incurred or pccid a,t any time by sa,id~ Mort~dgee because of th,e fa.ilure
on the pcart of the said .~ort~ii~or to perfornz; comply unth dnd a,bide by each and
every the stipu,la,tions, ccgreement,s, conditions and covendnts of sdid pru~nrssory note
and th,~s deed, or either, a,nd eriery such paaJment sha,ll beczr interest fronL date at the
rn,te of 6~, ~uer cent. per dnnurra. -
To keep the bwilding s now or hereafter on snid land insrired in. a sum not
~ less than ~ T~TEEN 'T'HO~tSAND FIl~E ?-IU!dDF.ED AND NO/lAA ($16 , 500. 00
Doilars, in a company or companies to
be apprnved by sa.id Mortgc~~ee, a.nd ~he polic~ or policies held by anc~ payable to said
Jlfort~c~~ee, and in the event any sum of m,onPy becomes payoble under such policy or
policiea, the .1Kortgii$ee aha,ll have the option to receive and apply the Same on account
- of the indebtedness hereby secured or to per~nit the Mort~dgor to receive dnd use it, or
any part t~iiereof, for other purposes, without thereby umciving or i~rcpa,iring any equity
lien or n~ht under or by trirtue of thi~s »wrtga~e, and m,a~ plccce cand pay for such _
inaurctnce or ctny pa,rt thereof, zoithout wa,iving m' ccfJ`'ecting the option to forecloae or
ctny ri~hx her~eunder, and eccch a~d every such pa.~/ment sho,ll beu.r ircteres~ fi~vrri date .
at the ra,te of 8~ per cent. per an.nusn.
~ e~K169 ~A~ 984