HomeMy WebLinkAbout2707 Pl'OV1dCt~ AIWAye~ thact if said Jlfort~mgor shall pay unto the said JKort,gagee
the certain pronzissory note, of whi,ch the fotlo~.van~ in words and ~lgures is a true copy,
to wit:
~
= l, 200. 00 gt. Pd~erce, Ftor;da July 26 ~ 1;, ~
t For valua rsceived t1~e w~dersiansd promisei to pap w tLe wder o 4t. LUCie C~unty Bank, ~
a bankinq corporation, o~ Florida, ~ort pierc~, l~lorida
ON$ TH()USA?~lC TWQ HU'_~iDR~D AND NOx100 1, a00. 00
tAe p?incipa! sum o/ nollo~t
to6ether wit/a iiwrstt tlu~eon fran date. at tJu rate o/ 6 3~ ~r cent, per ,yaar .~..~:i ...~urity, said interut
~37. Cx3 i•~w. each oonth
bein6 Po~'abta p on the 1Sth .t~, oj ,,,.~~p~,p~~~--~.146~
~r; both principa! and interest btins paraWe in lawful moner o/ tbe United Statu or its eqr~ivaknt„ ot
~ 3t. Lucia Cow?tq HaNc~I~t.Pisrce~ Pl~rida ~ p~~j swn to tra payable on the datu arrd in the amounts
~pi~ci/icd beloa. tawit:
:
= x 537.00 moathly paymeu~~ to ba~ia Auguet 1S~ 1968 and a liks ~us uch na?t6
=a tharaatter until p~id in tull. Paymante to apply to intsrast lirst and
~ a balance to principal. Privilege o! prapayment ia giv~en.
J
JO
~ V
2 <
- r
~h m~kee ~ad mdoe~er ~a~i17 ~ahM dm~aA. protaL ~nd notlq o[ maWiit~. aon-D~7meat oe protest and ~11 rpulnment~ new~r7
W noid e~eh of tLem 1LWe ~ matas and eadors~ea
~ach mak~t ~nd wda[~er furth~r asree~. ~olntl and wnt~117. to yq ~Il oo~L ot eoll~ctloo. InNudln~ t nascnable attorne~'~ tae fa qM
e~°sooDm~°es
ncee~*s w
Dp~ ~~s
ur~id D~n~otDw~ «su1~Di
e~sl~tb
~ta aot~~ ~t the rapeethe m~i::riq tbaeol. or tn ca~e ft
Thts note and dsferred 1nNCest enb aball bear lahrest ~t the r~te a[ ~ 3~ ~t• d wto~zee~Q ~ooord1n[ t~o t~Le o~t
~the
ThL note 1~ ~eeured b7 • mo~e o! erea date IIerewltb md fs to be ooo~teued an ~
~ State of llor?d~- upon def~Wt tn tbe p~ t of prlndD~1 wd/o[ lnt~ ~M dw on ~n7 aote ~seared b~ Mld 1[ort~. all ~te~ w~ecured and
~ c~Wnln[ unDUd shall fastbwfth beoo~e due ~nd D~iaWe aotwttbst~adln[ tLelr tenar.
/s/ Alfred H. Lisk y
/s/ $lizabeth Lisk
and shall perfo~m, comply with and abide bJ esch and eaery the stipulations,
a~reem,ents, conditi,ons and covenants of said promissory note and of this deed, then
this deed and the estate hereby created shall cea,se and be nutt and voial.
- ~IIf~ the saia~ .hfort~agor h,ereby covenants ccnd a~'rees:
.1. To ,nay all and sin~ular the princLpal arul interest and other sums of money
payable by virtue of said promissorrJ note and this deed, or either, pro~nptl J o~i. the
days respectively tjce same severolly come due.
Q. To paJ alt and singular the taxes, assessments, levies, liabilities, obli~sations
c~nd encumbrances of every nature on said described property each and every, and
if the sc~me be not prorrcptly paid the sa,id .1Kort~a~ee may at dny time pay the same
with,out waivin~ or af~'ectin~ the option to foreclose or any ri~'ht hereunder, and every
payment So made shatl bear interest front the date tltereof mt the rate of
per cent. per annum.
To pay all and sin~ular the costs, CjlllTgP,4 arul expenses. inctudin~ lawyer's
fees, reasona,bly incurred or pcLid at any tim,e by sdid JKort~cc~ee because of the faiture
on the part of th,e said Mortg'a~or to perfornz, compty with and abide by each ctnd
every the stipulations, agreements, conditions c~nd covenants of said pr~missory note
mnd this deed, or either, mnd every such pay~nent shatl becLr interest frorr~ date at tlie
rnte of per cent. per cLnnum. ~
To keep the buildin~ now or hereafter on said land insured in a sicm not `
less than L/~~ Y~o?~~r~~ ~i i. ~v RS. ( 1, L o:) ~
Dollars, in a company or co~rcpanies to ~
be a~pproved by scaid JlTort~a~ee, anal Eh,e policy or poti,cies h,eld by c~nd paya,ble to smid
.Mort~c~~ee, and in the event any surra of monay becomes puyo,ble under such policy or
polici,es, the .1~ort~a~ee shall lutve the option to receive c~nd ccpply the sccm,e on account
of the indebtedness h,ereby secured or to pe~rcit the .1Kort~a,~or to receive dnd use it, or
cany part t.liereof, for other purposes, without thereby u~cuving or impc~irin~ any equity
lien or right unaler or by uirtue of this mortgage, and may pla~ce mnd pay for such
insurcance or mny part thereof, without wa,iving or mf~'ecting the option to foreclose or
any right hereunder, and ea,ch and every su~ch pa~/ment shall bear interest frorrL d,acte
a.t the rate of per cent. per annum.
aooK172 PacE~691
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