HomeMy WebLinkAbout2716 P1~OVi(~~ A~WAye~ that if said .~lfort~a~or shalt pay unto the said ,Mortga$ee
the certain prnmissory note, of which the following in words acnd flgur,es is a true copy,
to tuit:
,
$1,692.60 Ft. Pierce, Flo?ida, ~`'`G~ ~ ~1~-
i - .
omisa ~o w t)+e order o/ h%::' ° GRFEN~LL.~ ING .
, For vol+~e rtoaived tJ~e undtrsi~ned Pr P°~' c,~
Howard Greenwell, Jr., President.
~ ONE THOUSAND S~X HUNDRED NTNSTY-TWO & 60/17~er~ 1.6_92 • 60 ~
tJre p~incipal sum o/
to6etl~t~ witk intereat tlaereon jran dat~. at the rate o~ 7$ ••R• osnt, per ~r~t ~ritr. said interast
SEE BELOW o~ ~ond
beins puyoble i
~ck ~eor~ both principal and int~rut 6eina payaWe in 1aw/a! nwner o/ the United States or ita tquivalent, ot ;
1
~ ~aid priaeipal ~um to be parabk on the dates and in tlie amowu+
apecif~ed bslow. tawK:
:
o~
~r The sum of $1,692.60 payable at th~e rat of $20.00 per month,
a° °n~ re same ataount each month .
,o commencing on
<u
thereafter until paid in full.
Thi6 note may be prepaid at any time without penalty. +
=aeh m~kee ~nQ endaner ~srar~117 ~nt~~ dmund. Protat ~ noqa a[ m~turlt7. aon-W7msn~ or Prof~est and all re4ufremeat~ neow~ef
ta nold e~ch o~ tbem I1~b1a M makas md mdorM».
Ercb m.t~s ~nd endoe~er furWer ~R~. 7olatb wd N•~117. to D~7 ail oosfs ot ooll~ctloo. faciudlni ~ re~on~W~ .i~wrnef's iee aas
tbe DrtndDU ot thfs note or sn D~7meat oa th~ Dr1ndP~ a W inteswt tIIec+on L not D~?1d ~t tbe r~Dectl~e m~turit7 tLereot. o~ ln ease !t~
beeoma~ neoarr7 to Protect ~ Ncurlb h~reot. wnet~er sutt bs b~outbt a~- 7$ oent.per annua? from maturlt~ untll Pdd.
~ Thb note wd deferred intere~i shall be~ ~
en~d~te b rMt~A ~ind 4 W bs oonitrued md sniorosd ~oo~dlos W tt~c la.s ot the
TA1s note b secustd b7 •
Btate of Pfortdt: upon defsult tn the pa7msnt of Drtncty~t mdloe fnteraL du~ an m7 note ~seured bf wtd 1[ .~11 w~ecured ~nd
. rem~tpin~ unp~ld ah~ll fortb~ith beoome due md p~ri?We notwlfhstaadlni tLelr ten ~ '
(8ea1)
.
! (8e~1)'
anc~ shall perfo~m, complJ with and abide by eseh and every tTie stipulations,
m~reements, conditions dnd coveruLnts of sc~id promissory note and of this deed, then
th,i~s deed and the estcate hereby ereccted shalt cea„se and be null and void.
~Il(~ the said .hTort~cc~or hereby eovenants and acgrees:
~ .1. To pay all and sin~ular the prineipal a~ul interest and other sums of moneJ
~ payable by virtue of said promissorJ note and this deed, or either, promptl J on the
days respectively tlte same severalty co~rte due.
Q. To pay all and sin~sular the taxes, assessments, levies, liabilities, vbli~ations
and encumbrances of every nature on said described property each and every, and
if the same be not prnmptly paid the scr,id Mort~ac~ee m,a~y dt any time pa,y the same
without waiving or affecttng tfie option to foreclose or any rigfit hereunder, and every
pacyment So ma.de shalt bear interest from the date thereof act the rate of
per cent. per mnnum.
To pay all and sin~ular the eosts, CJLQ.T~P,4 arul expenses. i~acluding law~er's
fees, re~o~ba~bly ineurred or pciid a,t any time by sdid JK'ort~Q~ee beecause of th,e facilure
on th,e pc~rt of the said .Mortgca~or to perform, eorraply with and abide by eaeh and
every the stipulations, c~~reements, conditions and covendnts of said prumr.ssory note
~ cLnd th,is deed, or either, acnd every sueh paym.ent sh.a,lt becir interest from date at the
R rate of per cent. per annum.
~ To keep tlte building now or hereafter on said land i~tsured in a srcm not
~ less than
Dollars, in a company or companies to
~ be mpproved by sa,id JKortga~ee, dnd ~he poliey or policies held by ccnd pcaya,ble to sa,id
.Mortgagee, and in the event ccny Surra of monpy becomes paycr,ble under such poli,cy or
~ polici,es, the .JKortga~ee sluctl have the option to receiae acnd appty the sc~me on a,ccount
of the indebtedness hereby secured or to permit the .~ort~ctgor to receive and u~se it, or
~ any part thereof, for other purposes, without thereby waivin~ or impo,iring any equity
~ lien or righ,~ under or by virtue of this mortgccge, dnd may pla,ee and pcay for such
insurdnce or any pccrt thereof, without waiving or affectin~ the option to foreclose or
any righ.t hereunder, and ea,eh ctnd every such pa,~ni,ent shall bear interest frorrL d~ccte
a.t the ra,te of per eent. per annu~n.
a00K ~ PACE~~~O
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