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HomeMy WebLinkAbout1186 ,i ; , Pl't)Vld~ AIWAye~ thact if sacid .M'ort~a~or shacll pa~/ unto the said JKortga~ee the certain pmmissory ruEe, of whi.ch the followtn~ in worda and fl~ures is a true copy, to wit: , ~ 2500.00 go=t Pierce, Fbr~~ April 15, ~ 19 68 .No. $ ' ~ . ~ ON DEMAND a~ter dnte. ~or v~olue rer-eived, We promise t~ Jwy to the order oJ ROBERT C. EDWARDS and EUNICE A. EDWARDS I TWO THOUSAND FTVE HUNDRED AND NO/100 - - - - - - " - ' ' ' - ppLGARS, ~ ; 3 at , Ft. Pierce . , Flori~n Kith iwtereat thereow u the nte oJ l~$ ~ cewt. prr ~awua~ /rom 4/15/68 l~r p~. /wte~ut oara6/e iawi- annwllY. The iwake? ~wd ewdoner oJ tkis wote /urtAer oartr tu ruire daw~wd. waice oJ wow-anae~t a+d Protest: ud iw atise suit aJ~ll ~ he 6rought jor tl~e eo1[eetiow bereo/. or tlre a~w~e J~as to b~ ~alferted upow deai~ad °1 ~lo$ h'~ ~o Ph' reaww~6ls ~tto?we~s jeea Jw nwfciws sucfe cdlertiow. De/ened iwtereu panwewts to 6tir iwtrrra Jr.Nw w~ ~ er ce ~nnurn. p~yab(e seiwi- . an~u~~l/y. ~y p~~ ~1/15, 68 (S~l) D~ _ 19 RAMGO'~ FORM r=O and shalt perfo~m, comply with and abide by each and every the ~tipulationa, mgreem.ents, conditions dnd covenants of said prnmissory note and of this deed, t.h,en this deed and the estcate hereby created shatl ceu,se and be nutl ccnd void. 1~I1(~ the scLid Mort~ci~'or hereby eovenants and a~`rees: .1. To pa~ all and sin~ular the prineLpal a~ul intereat and other sum,s of money ~ payable by virtue of said promissorrJ note and this deed, or either, promptl.y on the ~ days respectiaety the same severally come due. I i { € Q. To paJ all and singular the toxes, assessments, Zevies, liabitities, obli~ations ~ and encumbrances of every nature on said described property each and every, and ~ if the Sam,e be not prnrraptly pc~id the sa,id .1Kort~sacgee m,a~y cct acny tim,e pa,y the sacme ~ without waivin~' or af)`'ecting the option to foreclose or any right hereunder, and every par,yment so ma~d,e sh,a.lt bear interest frorra the dcLte thereof cr,t the rcate of ~ per cent. per a.nnum. ~ ~ J. To pay ali and 8~n~ular the costs, Cjl(IT~P,4 aru~ expenses, including lawyer's ~ fees, rea,sona,bly incurred or par,id at an~ time by sdid JKort~a~ee because of the faiture ; on the pa~rt of the said JKort~a~or to perfornt, comply urith and a,bide by each and ~ every the stipula~tions, cz~reements, conditiong cind covenants of said promissory note ~ a,nd th,is deed, or either, and every such pa~ym,ent shaclt bear interest from date at the ~ ~te of per cent. per annum. . _ To keep the buiidin~ now or hereajter on said land insured in a sum not less than ~ . Dotlars, in a corrcpany or corrapanies to ~ be appraved by said JKort$mgee, a,nd ~he polic~ ~or policies .held by and payable to said ~ .1Kort~ac¢e~e, and in the event c~ny sum of m,on~y beeomes pcayacble under sueh policy or ~ policies, the JKortgd~ee ah,a,ll have the option to reeeive ccnd appty the same on account ~ of the indebtedness hereby secureal or to perntit ~he .Kortgctgor to receiue acnd use it, or any pcLrt thereof, for oth,er purposes, without thereby waiving or irripa,iring acny equity ~ lien or right under or by trirtue of t,his mort~ct$e, ccnd ma~ place and pacy for such ~ insuranee or cr.ny pacrt thereof, urit,hout wcu,uing or afJ`'eeting the option to foreelose or a,ny ri~ht hereunder, and each and eve~y Such pctiymen~ shall bedr interes~ fro~n da,te ~ a,~ the rate of per cent. per annurrz. ~ dooK 171 PACE~~84 ~ - ~,:.r_~ x ~~Y• x, _ _ - - - - _ _ - _ ~