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Home My WebLink About0726 * ' ~ ; ~ ; at .n eimes pe.oe.blj?.oa yiaethr m e~c upoo, l~oW,ooc~~p~? .na eojop ,a~a ~oa; tL.~c s~ia taaa b tree boa4 .n «~cumb.~noe~; tLat w?l~ m~lre me6 f~etbar at~attnoe~ m pe~hot t~ fes iimple dds ~ s~id 1md in ths A~aodntfon a mt~ rea~owbi~? be .~a ~c a~? ~ ~i? ~ ~ ~ ~ ~a ~a .na ~ a~~a ~ ~ ~ ~,~a a.~ ~ ~ ~ w~«. - PROVIDBD ALWAYS tb4t if the bto ~ors s1~U wd1 aud trul~? Pay ~oo tl~ As,oc.~tioa, tbe indebtedne~ evjda~oed ~i? cmt ~ ~ ~ a.e~`~~?x~, ~a. ~ M«~;.~ ~a p.y~~ c~ ~ ~.r~, ~ ~ smn af TVPELVE THOLfSAND.AND~i QL1.4Q-~---.-------_--.:.--~:_-----_DoDan (=..12,_000.00_ ) . whicb nota to~er with intaest t~eon as tl?erein spe~fied, ts payable in mootLlr ~ af__3nterest pa~nnenta --in the amount of_~72. 33 due on February.8,__~8~~._~ ~7Q~QQ.~e_sm_Ma,r~h-$.---L8fi9_and _ then NINETY-FOUR AND NO/100------------------------------------------------~ _ (i-- 94. 00..___--- au cha $3b1~______dsy oE esu~ manth oom~g with. April 8, 1969 _ ~vnhich p.ym~ats are to be applied, ~t to iatanst, and tbe b4lanoe to pcu~dpal, untll said indeb~edne~s is pRid in fnD, aad d~all per[oim,com~pl~ with and abkie by each and e~very the~u1a tioos. agrcema~b, oondit,io~ and oaveoants of s4id p~+omissory note and this moartgage, Ma, ~g any aavanoa msde by a~e Auoriatian to the Morcgagas, ar tbeir s~:ocessor~ in titla, for any pn*posq at any dme before the relea~e and c~ncdlatian of t1~ martgage, but at no time shall d?is mortgage secvre advances on aoconM of said o~igroal noee together wtch sud, additio~al advances in a sum in e~oeu a~ TWELVE THOUSAND AND _ 12 000.00 pi~ --NO/100--------------------------- ~r ~ ~ry to p~otect the senuity and coab, tbm this ckecl and tbe esmte hereby c~eated shaD cease and be nnp and vuid. AND THT MORI~CAGORS DO bereby wveaAM and agree: 1. To pay all and singilar tLe prlnppal and inter~st and other sums of mo~neY P~YBble by viitue a£ said promis~ory note and this mortgaSe• P~DP~' an he dsYs 'respect~vdY tha sa~ooe seveially ~o~uue due. 2. To pay all and singuLr tbe t~es, a~b, 1e~?ies, liabilities. obli8atioaa and iocumhcances of every natue+e and lond nrnv aa srid described ptoputy, ac that herosfter may be~~~''~ suff~~ed~ plaoed, le"ied. ar assesxd thereon, or that ~e~eafter may be levied oz assessed upoa this Mo~tgage, ac tbe ~ acared hereby, each and every, whea due aad pa bk, aoca~ding to law, befa~e they beoome delinqt~eat, and beEore any interat attad~es ot any it mcurred; and ~ as a~ any a~ is af reoo~+a the same shan be prou,ptty sa~fiea and aischargea ~ rcoora and o~ig~nal of8cial aoeumeat (such as, far ia~tance, the taz receipt or the satisfaction PaPer off~llY ~dor~d a~ oectified) shall be placed in the hands of said Assoc;ation as !~[ortgagee within tm days nexc afcer payment; and in the ev~t d~at any rhereof is na paid, aat~ied and discbacged, said Assoriation awy at any time pay the same or any pazt thereof without waiving ac affecting any option, }ien. equitY ble sa under ac by virtue of tbis 1liortgage, and tLe fvII amount of each and every s~ch paya~ent shall be inunediately due and ya aad shatl bear interest from the date there~ until paid at the rate stated in the rate se~ hereby and together with inter- est ahall be secyaed by the lien of thi~ Matgage. 3. To lueep the buildiugs and all equipment and pasonal properqr nowr or htreafter on :aid premi~a oova+ed b~r this mort~e. insuz+ed in a sum equal to at least the amount o[ t6e mortga6e, or an amount sniEicient w oomplr with any ao-insuranoe ra~niie- ment ooveriag the ~ame w~der the la~rs oE the State of Fbrida. covering loss from botb Eire and storm. mal~ing ~he iw~ nnder aaid policies. tach and every. papable w the Asdociation. as mottgagee, as its interat ma~ appear. wd said ia~utanae sball be in a good i and respoasible inwranoe companr satisfactory ta said As~ouution, and ~?ritten bp a rapoosibie local agent satisiacto~r to said A~a ~ ciation: and the polic~r or polides shall bar a uandard mortgag~e clause ~rithout oontributioo, and, H tLe original PrinciPal amount f oE t6e mortgage a Fifq T'6omand and ao/100 Dolla:s (i~.000.0~ or in acoex thereoE. a6a11 be held b~ the A~ociation. aad, in ~ the event any sum of muoep beooma papable under such policp or policia. the Astociatioo shall ha~ t6e option to rcoeive and aPPtl che aame on aooounc oE the indebtedna~ hereb~r.:ecured. or w permit the ~ngagon ta reotive and uae it, or m~ part the:+eof, for othv purpotes. rrithout thereby ~riiving ar imPain°$ an1 Mw~7. lien. or ri~t under and by virtoe of th» mwt~ge. and ma~ ~ place and pay for such imunncr, or any part thercof. without r?aiving or affecting its option w foreclae, or any ri~ght heieunder. and the tull amounc of each and every s~uh paymenc s6all be immediacely due and p~yabk and s6all bear inta+at Erum the date thrreof nntil paid at the nte statod in t6e note secured hmbp wd wg~ether witb such interat shall be ucurod b~ the lien of thi: Mortgage. 4. Top~uu t, oammit, or suffer no waste, impairment or deterioration of said prope~ty, ~ any part thereof, and upon the failu~e of the awrtgagors to keep the buitd'mgs an said ~n+nperty in good coadition of repa~, the As9ocdatioa may demand the immediate repair of said bnildings oc tLe iminediate rep~ymeat o~ the debt hereby secored, anci the failure of the aartgagors to oomply wiih said demand of the Association for a period of Thirty (30) days, shall constitute a breach of this mortg~ge, and, at the aption of the Association, immedialely mature the entire amount of principal and interest bereby secnred, and d~e Association, ima~ediately and without notioe, may institute pinoeedings to foreclose this mortgage and applv for the appou~tment of a Rece~ver, as hereinafter provided. 5. This matgage oontract p~ovides for addihonal advances which may be macie at the option of the as'ociatian and secured by this matgage, and it is ag,~~eed that in the event of such advances the amow~t may be added to the mortgage debt and sball ~se t6e tmpaid balanae of the note hereby aecsaed by the amount of sndi adv~nce and sbaII be a pnrt af s4id nate indebtedness undes all the ter~ns of said ~ate and this cantract as fu11y as if a new such note and oontract were e:ecuted and delivered. M additiooal advanoe agreement may be gtven and sooepted for such advanoe and pmviaion may be made for ~ cliffe.rent manthlY PaY~b and a different interest rate and other a~odifications of tbe oontract, b~t ~ aD other respects tt?is contraa s}uill rema;n in fnll force and effecc es to said II,debt n~~, includiag ari advaaoes. 8. If any of tbe auns of money herein referred to be not P~P~Y ~d ~Y P~ T~~Y ~30) days neut after the same severally come dae and payable, or if each and eve~y t}~e stipulation~, agreernent, conditions, and oovenanb ~ said Promis~ory' note and this deed, a~ eltba, are not dulY Perfosmed, oomp~li«I with and abided by, the agge~eegate aum meat~aned in said pmmissary note and any ~t~her amouat ar aaio~mtr added to tbe anortg,age indebbedness ~mder tbe tenms of this mortgage shall become due and pay~ble forthvvith or th~ at ihe optiau of the As~oci~tioa, as fa4y and oampletel~? as if said aggregate sum~ was originaUy ~putitted b be poid on s~ day, anYtbinB in said pa+omisaorp note ar hecein to the oootrary rat- & 7. To deliver bo the Association, on os befoce March 15th, of each yPar, tax reoeipb evidaicing tLe payment of all Iaw- fuity '~mpo, sed tues Eor the preoeding calendas year; to deliv~ to the Association reoefpts evidenciang the payment of aIl liaos for publ~c ~pmvemenb within nfr~ety (90) days after the same shaD heoo~ne due and payabk, and to pay or di~harge within ninetY (90) d~ys sker dne date, any and all govemmeamllavies that may be made on t}~e mortgaged property, on this mortgage or note, at in any other way resulting from the mortgage indebtedness secured by this mortg,sge. . . ~ ~ Boox~?5 724 ~ ~ ~ . x - : .._&.-.T:'r ~ . -a".~ ~ _