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Home My WebLink About1961 Pl'OVl(~Cd AIWayB~ that if s~tid ~fortgagor, his heirs, legal representatives or assigns shall pay unto the said ~iortgugee, its successors, tegal representutives or assigns, the certain prom- issory note, of which the following in words and figures in a tn~e copy, to wit: ~ ~ ~ i ~ ppp ~ pp S 10 6. 5 0 Fat Lud~dsl~ Flo~ida flatd~ Doa~wY ~ .mxed to «i~na~ ana cs~oellso l~lovoabar 27 lg 68 For value reoetvod. t6e undetsi&°~ P~~=) ~ P4Y to The Fizst National Bank in Fort I.auderdale, or order, the pdodPal ~ Sav~nty-ow Zhouaaud Doll~us(s 71.~-~ with intor~t f:+om date at the rate of ssv~tt per oeat per annum on the unpaid balanoe until paid. 'lbe said prindpal and interest sball be payabb at die office of T'he First Natlonal Bank ia Fa~t I.auderdale, or at 'such ~?y a~c~ The ~id pzincipal aud interest shall be payable in monc~? ~ ~i~Lt HmLdr~d Ei~bty-~isht Dollars(f Sth ~y ~ Daca~bar y 19~~ and on the day of each month thereafter until tbe ~rincipal and interest are fuIIy p4td, exoept that the final paymeat of the entiro iadebtedness evidenced hereby, if not sooner patd. shall be due and payabk on the s~ day oE _Nova~r , 19 77 - 1~is note aball be in deisult wben a~r p~y~ required to be made he~+aunder sball not 6av~e been made adthin ~o days foliowlo8 ib due date atd shail rnaain ia defaulf ~nt11 sald pa~yment s6all bav~e beea made. W6ib in detault. this aote shall bear intereat at tbe rate of 1096p~ enntmn in lien oE tbe rate bereinbetore epeCuied. 1n tbe ev~eat anp? instaltnl~t due bez~elmde~' shall rem8iD tmpaid for a period af ~0 ad ~s. tbe wLole at said r e tlxn+eupoai. diate~r due and able. 1be Firat Natioaal~in Fert Lauderdale. assigos, may o01 a'7ate~c6ar~" not~~exoeed four c~s ~ f~ ~~.00) af e~ pay~ made moe~e than 15 d~rs a~r t~e same ia d~e to cover tbe eitra e~ense invo~ed in bandling tbereo~ uo~~.~ ~~bereoa.~ a~~~'po~~sion~ot s~aid~ba~~r~td~n8~ LtL s note rennaias n~and betore ac ~y same to this debt. 1be nnal~ers aid endorsers of tbis note h~y gi~re said bank hill autbority to aell. in the manner pnrv~by law. acpr such ao~lateral and a~? ~ collateral at saa? Wpe pledged to sec+u~e this note. Novn. sLouid it beaome neoessary to ao~leet tbis note throu~g6 an attorney. eitber of us. ~ maioer, securifY a~ ead~ af tbla oot~. herebY ag~'ee to Pey all costs ot s~dt oollection. including a reasonabie attorney's fee. '!be dravvers and eodoraers several~? waive ~vltlwat~notio4 tbereof~ ~ and notioe oE p~ot~eat for aon~pqymeat d tbis note. and oonoeat that time oE p~ymed m~pr be e=tended DB$M INVBSI!l~iT 008PO~ATIO~i fialter Deem gy; Curtis Deem W t~r Da~a, Individually _ s aa Th nob ia aecurad by : ATT: W a 1 t e r D e e m ~ Ses rrv~rs~ sid~ ~crs asy I and shall perform, comply with and abide by each and every the stipulations, agreements, condi- tions and covenants of said promissory note and of this deed, then this deed and the estate hereby created shall cease and be null and void. And the said Mortgagor, for himself and his heirs, legal representatives and assigns, hereby covenants and agrees as follows: ~ 1. To pay all and singular the principa1 and interest and other sums of money payable by virtue of said promissory note and this deed, or either, promptly on the days respectively the same severally came due. 2. To pay all and singular the taxes, assessments, levies, liabilities, obligations and encum- brances of every nature on said destribed property each and every, and if the same be not promptly j paid the said Mortgagee, its successors, legal representati~~es or assigns may at any time pay the same without waiving or affecNng the option to foreclose or any ri ght hereunder, and erery pay- ~ ment so made shall bear interest from the date thereof at the rate of six per cent per annum. E 3. To pay all and singular the costs, charges and ezpenses, including lawyer s fees, reason- ably inc~~rred or paid at any time bv said Morigagee, its successors, legal representatives or assigns, because of the failure on thepa rt of the said 111ortgagor, his heirs, legal representaives or assigns, to ~ perform, comply with and abide by each and every the stipulations, agreements, conditions and covenants of said promissory note and this deed, or either, and every such payment shall bear interest from date at the rate of six per cent per annum. , 4. To keep the buildings now or hereafter on said land insured against fire and extended coverage in a sum not less than the maximum insurable value, in a companv or companies to be approved b}~ said Mortgagee, and the policy or policies held by and payable ~to said Mortgagee, its ' successors, legal representaHves or assigns, and in the event any sum of money becomes payable under such policy or policies, the Atortgagee, its successors, legal representatives or assigns, shall have the option to receive and apply the same on account of the indebt~dness hereby secured or : to permit the :liortgagor to receive and use it, or any part thereof, for otherpu rposes, without 3 thereby waiving or impairing any equity lien or right under or by virtue of this mort gage, and ~ , may place and pay for such insuranee or anv part thereof, without waiving or affecting the option to forec]ose or any tight hereunder, and each and every such payment shall bear interast from ~ date at the rate of six per cent. per annum. 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