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Home My WebLink About0336 1 (i ~ ) . . . • at all H~pea aad uietly to eu~ec upan, 2ald, oocupy and eajoy said l~nd; th~tt said Lnd is free Emm all eacuanbtyu?oas: th~~ tl~ey ~~~au~~fuKb°` ~ watrwt~tbe ana w~~ill d~ d~ch~e ~ g~ ~tha~lawEul ~ o~E requirod; the~? herebp all persons whamnsoever• PROVIDED ALWAYS tbat if the M agon shall weU and truly pay imto the As~.'tatiou. the e~OOd by that oertain promfs~ocy no~e. af evea dste m.ds by cbe Mortgagon a,~a pB;~bk co che ~?uon, in the principal swn of ~~.~i.~lY~~(2USAN1?__FIYFi.HIJNDREII.and.NQ~1QR-_--.-..__... Dollars (i _18,.50D..00 which noee, together with intereu thec~ewi as tl~in speclfled, is payabk in moatbl~? installmenb of- ~ ^ _~111. 51 due July 1, _ 1968; ~10? :92 due August 1, 1968 and then - - - - --ONE HiTN1SRED_FORTY-FOUH_and NOj 100 - - 144.00 - - - ----_--__.Dollars (i---------~-----------_._ . • • e tember 1 1968 _ • on the------fiT-SL------day of cach maath cotnmeac~ng vrntl~__.----------~ P ' ~~-~______Twh~ch p4yanents ~u~e to be upplied, first to interest, and the balanoe to ~incipal, until said indebtedness is pa~ in fuU, and sbaII pe:fam. with and abide by each and every the sti~xilatioos, agree~nents, oondibons and aovanants of said promi+soiy noee and ' moztga$0. Md, including any advances ~ ma~e by the Assoctation to the Matgagors, ac the~r suoces~rs_ in Hda, fa~ any parpose, at any time before the rclease and cancellation of this mortgage, but at no time slwll this mo:tgage secure advuwes a? aooount oE said origmal note together with sud~ additional advances in a sum in esoess aE----EI~~F~I-~HO~Nil FIVE_HUNDRED and NO~100 ---------__~~ars (i1S,~II0.._~_.), ~ any advances necessury to P~c i~ ~cy ~a ~ ~ ~ a~a ~a ~ h«~y «~tea ~u ~ ~a ~ nu ~,a ,?~a. AND THE MORTGAGORS DO hereby cvvenant and agree: 1. To pay aIl and singular the pcincipai aud inttrest and other sums of awneY P~Yabk by virtue of said ~anissor~+ iwte and this moitgage. or either. P~omPR~Y oa the days respectivelY the same sevesally crnne due. 2. To p~y a11 and smgular the hses, s~~ments, lavies, liabilities, obligations and inc+unbiances of every nature and lond now on said deseribed pmPecty, ~ that heneafter may be~~~m~ ~ aufEe~d, plaoed, 1e+?ied. or ass~ed thereo~n. or that heresfter ey may be levied os acsessed upon this Matgage, a~ tbe seciII~cT hereby, cach and evety, when doe and pa ble, according to law, before they beoome delinqueat, and before any interest attaches or any is u~nuTed; and ' as any thereof it of reca~rd the saane shall be pranptly satisfied and di~charged of reoord and t~~nal official documeat (such ss, for ,instance, the ta~c reoeipt ar the satisfaction paper officially endoised or certif;a ) shall be placed in the hands of said ~ Association as Mortgagee within teu days next after payment; and in the ever?t that any thereof is not paid, satisfied and di~charged. said Association may at any t6ne pay the same or any part thereof without waiving or affecting any option, 1ien, equity' or ri t under oar by virtue of tbis 1?~ortgage, and the fuIl amount of each and every such payment shall be immediately due andpa ya le and shall bear interest from the date thereof unttl paid at the rate stated in the note secureci hereby and toged~r with such inter- esc shall be sec~,red by the lien of ilris Matgage. 3. To keep the buildings and all cquipmeat and penonal property now or hereafcer on wid premisa emrcrad b~ this mortgage. ;nsured in a sum equal w at lau the amount of the mortgage, or an amount suffici~nt to oompl~ ~rith an~ oo-inwranae reqnire- ment ewrering [he same under the lawrs of che State oE Fbiida. oovering loss Erom both fire and storm, making the loa unda said policiea. eac6 and tvery. pa~r+ble w the AssociatiQn. as mortgagee. as its interest may appear, and said iasuranae a6a11 be in a good and raponsible ~~u~a ~w~r satisfaaory to said Associztioa. and w+ritten by a rapomibk lonl agent uti:facto~r to said As~o- ciation: and the polie~+ or policia shall beu a atandard mortgage tlause without o~ntributiol~. and. iE the original principal amounc of the mortgage is FiEcy Tt?ousand and noJ100 Dollus (';.i0.000.0~ or in accen t6rreof. s6a11 be Leld bY the Aaociation. and. u? i che eveat aap sum oE muney beooma payable undtr such polic~ or policia.,the Association a6all have the option to reaive and applp j che same on acoounc of the indebcednes~ hereby ~red. or w permit the mortgagon to inoeive and ux it, or any put ehrreof. for ~ ocher purpoas, Nritliout thereby waiving or'impairin8 ~7 ~9u'q. lien. or right under and b~ virtue of th~ mortgage, and may place and pay for wch in:urana, or any part the~eof, wichout waiving or afEecting its option w fonclose. or any right hrreunder. and the Eull amounc oE each and rvery such payment :hall be immediaedy due and payable a~ ahall bear interat fr~ the dace chereoE until paid at t6e nte snted ia t6e note securod herebp wd together ~vith such intaeat sha11 be secu~'~d b7 the liei? oE this Mortgage. • _ 4. To perznit, oommit. or suffer no waste, imp~urment or deteriorntion of said propesty, or any put thereof, and upon the failure of the mortgagors to keep the buildings au said prnperty in good condition of repair, the Association may dea~and the irnme~diate repair of wid buildings ar the immediate repayment of tl~e debt hereby sa.~u+ed, ancl the fail~u+e of the mortgagors to oomply with said demand of the Association for a period of Thidy (30) days, shall oonstitute a breach of this mut~age, ~ and, at thc optson of t6e Associatton, immediaMly mature the entire amount of principa) and interest heteby secured, and tbe q~oc~t~, immediately and without notke, may instimte ~oe~in;s to foreclose this mortBaSe ~nd aPPh' for the appoiatment ~ of a Receiver, as b~naker p'oviclal• 5. Thi: matgage oontract provides for additioru?1 advances which may be made at the option of the associatian and ~cured by thn moctgage, and it i~ a~+eed that in the eveat of such advanoes tbe amount may be added to the mortgage debt and s}~aU increa:e d~e unp~id balanoe of the ~te ~+ebp sectu+ed by the aanount of such advance aod shall be a pait of stid note indebtedness under all the terau of said note and this oontract as fWly ss if a new such note and oontrsct v~e~e executed and deliveced. M additiaoal advance agreement may be givea and aooepted for such advanoe and provision may be made for : ~ferenc m~on~hlr P~Y~b ~d a ditf«e~,c ~ncere.sc ~ce and other pce~ aadificatioat af the oontract, but in all other respects , ~ ihis contract shall remain in full f~re and effoct as fio said indebR~ednas, indudfiog aA advanoes: ~ 8. If any oE t6e swas of maoey herein referred to be not P~'~P~Y ~ f"nY P~ ""'v"° ~(30) days next aftK ; the :ame sevtralty come dne snd payable, or If each and every the sl~p~ons, aSree'mnt, caodit~ns, and covensuQb of said ' promis~ory note and thb deed, ot etther, are nat duly peifo~med, oomplied with and abided by, the ag~+egate s~un ma~timed ' in said prondi:sory rwte and my~~6er amamt or amounb sdded to tbe moitgage indebbeda~s ~mda tbe tams of thb matg~ge ~ shall beooaie due aud payable forthwith or tbereafter at the optjon of the A:sociation, as fng? and oomplete~y aa if said aggreg,ate sum oE nwney was originally ~ted to be paid on snch day. anythi~e8 in said Pma'ns°ry' note or herein to the contr~ry not- "`'~thd~adi°& ~ 7. To deL'ver to the Assoc~ation, on or before Much 15t1ti of cath ywr. ta~c reoaPb e11~J°8 P~YiD~t of aU law- fully~ tases for the p~eccding c~ndaryear. to detiva to the AssocLtion reodpts evideocfig the payment of a11 lia~s for im b wit~in nin~ty? (90) d4ps aftu the :ame sha111+eoome due and papable, aud to pay ar di~cl~arge witha~ ninety (90) ys ufter due dste, any ~ad all gr?vesnmental levies tbat may be msde an tbe mortgaaed p~vpertr, on this mortgage or note, or in any otl~er way resulting f~om the mortg,~ge ~ secured by thh mortgag~. ~ ~ . ~ ! ~ ~if - ~ . : • . - _ - - - _ _ _ ~ " _ ~~,-~r,y.~ ~ ~=ri.w-.~ :.y,-;