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HomeMy WebLinkAbout0938 ` ~ . . . ~ c ' ! . ~ , ~K:i::i» ::i:: «•i::' ::1:: : 7:: 7:SS3::it:~ :S:iT:~:.ta:r.nK: ....................»............................._.......................».:ei:3......»......_..................»»...»....................................»....»......... . . rsn:~: :~tt:sar~:.-- ::_~::~.~.6~. ~ . 8TLJ1lAT. Florid~.' ..1~,{~`J »..~..»»»»19......Q~~~~ . : FOR VALVE RECEIVED. !h~ und~ssi ~d ointl ~nd • raU . PROMI TO P to • ord~r ot ~ ~ o~a ...~.r.~~"....~.~.. . . . .C~................. . . e~? Q~. . . L NO 1 .V~.~ .~Q..V.~4FlE~..~.................~ ~ . . . . . DOLLbRB, at ----~T~~ll.~.lJ~C~1.BA~j....J~f~N1~..~.F.~.~ . . . .......os sueh oth~s plae~ as !1~ bold~r hsrwi maY d~Qn~t~ ia wrttia~. lop~tl~: with iat~r~s! lsom d~t~ a! th~ r~t~ oi .~-~`li ~r c~ntwia p~s annwn on tM unpaw balanc~ until maturltlr. Th~ satd piiadpal aad iat~rs! slull b~ duc a~~ ps;~hle ~+1~1. ~4 a maat~ m. ~rst psya~ b~ au. od. montb iroaoa an~a aonw~w iae e~.ah ~ mou~h tb~rrait~ t~til paid ~'l~ts snm cd $1~L 4~ ~h mo~a~ ~hall !lr~t b~ cr~dit+~d to int~r~st ar~d t~r r~msind~r to tlM pa~io~cipal a[ th~a obliq~tton. Thl~ n~b~ m~ Dt pr~paid at ::~~y wo~. •i~c ~q,. ~ ~ . . !f dt(~ult be aad~ fe? d~r~ is t\~ Mpws~t ~t aar inst~Ueest o( priacipal er iates~at or any oart lA~r~ef. tA~ ~r6ob s~ H~s rwlal~s ; uepaid ~rit\ iwtK~st a6~11 at `older's oOtioa b~ceeN dw w~ p~rab4 ~rithout ~etiet. Failure fe e:ercis~ suc6 ootiow s1~~1) set eeastlb a e1 tM w : ri~et te ~:ercis~ t?~ saw Is ti~ ~veet of suAapua~t d~(ault. Attcr maturllr 6otl ortadp~l aad accrued iaterest •haU b~u iwterest at~_~ uwtw~ : per uaus u~til ~ oala. Tb~ s~k~rs an~ ~sdontn eI tAis wob (artier vair~ deeasd. aotiee of eon-p~fm~at aud prote~6 It tlis Nb h~et NfA at : maic::.ty aad tM same b Plac~d wit6 ~a sttorsep fK eol4eHow. t?~ w~akers •sd mdors~rs ~ereot ~r~e te oar all cwb of eoU~ctN~. I~clu~iw~ all eeurt : CO~!! ~fi~011~I! t«Orolr IN~. I~ REALTY. CQRPQR.A1'IQN ---------------------------~s~.~ ....__....~ssu.~ JI... . . . _ _ . . . - As ~ar~~ . . . sa?1) ~eQ -~::~:.~..~«:t - r:i :a»~:~ ~:!~1!!~.i....~_~..._..~~:......~... _:.i:~ »-:c~:iEc:~~-";-s~--.-~=~.Y• and shall duly~ promptly and llilly pertorm, discharge, execute, ef[ect, comptetp. comply wtth and abide by each and every the stipulations. agreemeats, conditions and covenants of said promissory note and of this mortgage. then ttUs mortgage and tt?e estate henby created shall cease and be nuU and void. It is undarataod thst each of the worde, "note." "mortgagoi" and "mortgagee" reapectively and We proa- ouna referring thereto. whether in tt~e singular or plural aaywhere in thls mortgage. ehall be eingulsr it one oalq and shall be plura~ joinUy snd eeverally. ii more than one. and ahall be masculine. feminine and/or neuter. wher- ever the oontea[t so impliea or admita. And aald Mortgagor for himself and his heirs. legal representatives, aucces9ors and assigne. hereby ooven- j anta ana sgreea to and with said Mortgagee, his legal repreaentativea. succe.ssore and assigns: l. To pay all aad singular the principal and lnterest and the various aad sundry sums of money psyaDle by j virtue of said pmrnjssory note. and this mortgage. each aad every. pmmptly oa tha day~ respsctively the sam~ aeverally become ~!e. 2. To pay all and singular the taxes, aseessments. levies. liablUtien, obllgstiona aad incumbrances oi every nature and kind now on said described property. and/or that hereafter may be imposed. euffered. placed, IeWcd or asaesaed thereupon, and/or that heresfter may be levied or assessed upon this mortgage and/or the indebted- ness secured hereby. each and every. when due and payable according to law. before they become delinquent, ~ and before any interest attaches or any penalty is incurred; and in so far as any thereoi ia of record the saras ' shall be prompUq satisfied and discharged of record and the original official dceument (auch as. tor instance, ~ the tax receipt or the satiafaction paper officially endoreed or certified) sha:2 w placed in the handa o! said Mortgagee within ten days ne:t after payment: and in the event that any thereot is not so paid. eatisfied and discharged, said Mortgagee may at any tlme pay the aame or anq part thereof without waiving or aftecting any option, lien, equity or right under or by virtue of this mortgage, and the full amount oi each and every such payment aball be immediately due and payable and shall bear interest from the date therc~f until paid at the rate ot ten per centum per annum and together with such interest ~hall be secured by the lien o! thl~ ~ mortgage. 3. To place and continuously keep on the buildin~a now or hereafter situate on sald land fire and windstorm inaurance in the usual standard policy torm. in s sum not less than i.......-.a.2y.-e~~...QQ in auch com- pany or comp:snies as may be approved by said Mortgagce; and all such inanrance policies on anq of satd build- inga, any interest therein or part thereof. in the aRgregate awn atoresaid or fn excess ihereof. shall coatain the ~ usual standard mortgagee clause making the loss ur.der eaid policies, each and every. payable to aaid Hortga- ' gee aa his fnterest may appear. and each and every such policy ahall be pmmpUy delivered to snd held by said i Mortgagee; and. not less than ten days in advance of the expiration ot each policy, to deHver to aaid Mortgagee ` ~ a renewal thereoi, iogot,:er with a receipt for the premium ot sn~~h renewal• and there ahall be no such insur- ance placed on any ot said buildings, aay intereat therein or part thereot, anless in the form and wlth the lons payable aa aforesaid; and in the e~ent any sum o[ money becomes payable under such poUcy or pollclea ssid Mortgagee shall have the option to receive and apply the same on account of the indebtedneas secured hereby or to permit said Mortgagor to receive and use it or any part thereot for other purposes wiWout thereby waivfng or impatring any equity, llen or right under or by virtue of this mortgage: and in the event saSd Mortgagor ahall for any reason fail to keep the said premiees ao insured, or fail to deliver prnmpUy any of said policies oi > Insurance to said biortgagee, or fail promptly to pay tully any pnmium t6er+efor, or in any respect fail to per- ~ form, discharge, execute, eftect„ complete, comply with snd abide by this oovenant, or any part hereot. said Mortg- ~ agee may place and pay for such insursnce or any part thereo! without waiving or aifecting any option, lien, ~ eqnity or right under or by virtue of this mortgage, and the fuU aqiount ot each and every such psyment ahall . be immediately due and payable and shail bear interest trora the date thereoi unW pafd at the rate of ten per centum per annwn and together with euch intereat aha1~ be ~ecured by t~e Hen of tbL nnortgage. ~ 4. To permlt~ commft or aufter ao waste. impairmeat or dekerionUon oi ssid property or aay psrt thereoi. 6. 1b pay all and singular the cw~ts. charges aad espenses. including reasonable Lv~?ye~s feea snd cost o! abstracts of tiUe, incurepd or paid t any time by said Mortgsgee because and/or !n the ~vent ot the idlurs ~ on the part ot the sald Mortgagor to duly, promptly aad fully perform. dfecharge, execute. eKect, complete. oomplr with and abide bq earL and every? t2~e sUpulations, agreements. canditloni and oovenant~ oi eaid pmmis- wry note. aad Ws mortgsge, any or dther. and aaid costs. charges and ea~pensea. esch and every. ~hall bs tcn- mediately due and payable. whether or not there be noUce, demand. attempt to collect or suft pending: ~d t2?~ fUll sanoant of each aad every such psyment shall bear interest trom the date tDeraot uaW pald at the rate at - ten per oentua? per aanum: and all safd eosb. chargea and e~cPea~ ~o fncure~sd or pal~, togetber wtth such fn- tere~t, sball bs ~ecnred b7 the Um o! tbis mortgsgs. ~ 800K ~ PACE 9t~~ ~ ~ _ _ ~ ~ ~ F = _ -