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HomeMy WebLinkAbout1995 ; _..~..~:w::~.~~_ . =j::... . ::~::r:: ...c°.'.i?c:? c~: ~~exte:x:~..xnmts..•ttsr;: s..11i~O~M.••........... STIJJIAT. Flosid~. _ ~ - ....I~Ntl1 ~~~l.... ~ FOR VALUE RECEIVED, !h• uad~nIgaed. ;ointlT and s~~~raUY. PROMISE TO PAY !o !h~ osd~r ot........... ~ . ~ . . . ~M...~a~...,~~~ _ . . . . . _ . . . . ~ ....._...p at ~t..~~...~~ . •-••-••os such oth~r lae~ as W~ hold~s - • h~rwi maT d~sIyuat~ in writin~. top~th~s ~ritb iat~r~s! t:om dat~ at !h~ :~t~ ot p~s c~ntum p~r aanum oo !1u unpaid ~ balaacy uatil maturltp. Th~ sald psiadpal aAd ittt~s~s! ~ball b~ du~ aad papabl~ ~ s~i~ ~ ::j : ~ls~ll ~ rM~~ ~M tsl~~ N,~~MS M~ ~ ~M ~Ma , ~l~~ AM ~ ...wiw !ee ,~..a ri~l 1~i. w.~ ~us. u : ws~ ~t~i ~l~ t~! w ~iit~i ~ ist~t sN ~M awrStM~r ~ ~ ~ t~L~ Ml~tl~. ~a ~y M~t~i a~ t!~ ~rltl~ ~f• ~ 1t del~ult ?c r~a~ te~ dar~ ia t~~ Nps~est e( ~p ipstal4s~nt o( principal or ~nterest o. anr pare Uene(. tk~ r6eb aur 1~~w r~M1e1a ~ : unpaid vlt6 iwter~st sh~ll at Aoldtr'a optioe b~coe~~ dw aad arabM ~rithout aetice. F~ilur~ te e:ercise such optiow a?~U aot cwstltrb ~i~ ot ibi : ri~6t b e:ercia~ t?~ saaN in t1~ eve~t of s~AseQuent detault. A(tcr a~aturiy lotA Priactoal aad ~ccrued i:,t~reat ahall bsar iettreat at : per anaus u*ti) oaN. TA~ ~saktn aed e~doners ot tAis aob furUsr vai~e dema Mr etataa ~ : maturltr asa the saan~ b~lae~A rritl~ aw attoreq tor colleetiaa, t~~ saker~ aad eado?~ser~~Ae~eo! ~a-~~~t aua pre1~~L It t?i~ ~~b b ~et ~a N at ,r~.~ : eoits ~n~ nasoa~bb attoraer t~es. ~*~e te Par aU cwts ol eellectha, I~clulle~ ~11 eoutt ~ _ w . _ _ _ - 18EAL) ~ ~ L~si~ - 5~..~~ _ . . . . . -•(SEAL) . p. . . . . _ . » ..............~tts:..~...........: x...~~~..:........._..ce:a=.... =.s:::e~:~:fi2i»: «.^cEc. ».~:.•~i :wi and ahall duly, promptlq and fully pedorm. discherge. execute, etfeck complete. comply with and abide by esch and every the stipulationa. agreementa, coaditions and covenants of said prom~ssory note and of this mortgags. then this mortgagc and the eatate hereby created shall cease and be null and void. It is understood that each o! the words, "note." "mortgagoY• and "mottgagee" reapectively and the pmn- ouna reterring thereto, whether in the singular or plural snywhera ia this mortgage. ehall be singular if one only and ahall be plwal iointly and severally, if more than one, and ahall be maxuline. feminine and/or neuter~ wher~ ever the oontext so implies or admita. And eaid Mortgagor for himeeU and hia heira. legal repreaentatives, aucceseors sad aasigas„ hereby oovaa- ants ana sgreea to aad witl~ aaid Mortgagee. his legal repreeentativee, succesaore and assigns: 1. To pay all sad aingular the pr[ncipal and interest aad the vartous and suadry sums of moneq p~yable by virtue of said promiaeory note, and this mortgage. each and every. promptly on tha dsya respectively the ssme severally bec:oms due. 2. To pay all and aingulsr the taxes, assessmenta. levies, IiabiliUes. ob[igstions aad inctimbranoes of every nsture and kiad aow on said dwcribed pmperty. and/or that hereafter may be Imposed. auffered. plac~d, levied j or assesaed thereupon, and/or that hereafter may be levied or agaessed npon this mortgage aad/or the indebted- ness secured hereby. eaeh and every, when due and payable sccording to Lw. betore theq become delinquent, ; and before any interest attaches or any penalty is incurred; and in so far as any thereof is oi record the sams ~ shall be pmmpt.~y satietied and discharged of record and the original official document (such as, for instance. ~ the tax recelpt or th! satisfaction paper ofrciaily endoreed or certffied? ahall be plsced in the hands ot said Mortgagee within ten daye nezt after payment; and fn the event that any thereot b not so paid. aatiafied st?d 'E discLarged, aaid Mortgagee may at any time pay the same or any part thereof without waiving or aifecting ~ any option, llen, equity or right under or by ~ irtue o! this mortgage, and the full amount o! each and every : auch pa,yment ahall be immediately due and payable and shall bear interest from the date thereof until psid ~ at the rate ot toll per centum per annum and together with such interest ahall be secured by the lien of thla mortga~e. e S. To place and continuously keep on the buildings now or hereafter aituate on said land flre and windatorm ~ MAX~IDIIID...----•--••-..._..., in such com- insurance in the usual standard policy [orm, in a sum not less than i ~ pany or compaties as may be approved by said Aiortgagce: and all ~uch tnsurance policlea on any of snid build- ings. any interest therein or part thereof, in the aggregate sum aforesaid or in excesa thereof. shall contain the ~ usual atandard mortgagee clauae making the loss ur.der said policiea, each and every, paysble to said Mortga. See as his interest may appear, and each and every such policy shall be promptly delivered to and held Ly said 1?iottgagee; and~ not less than ten dsya in ad~~ance of the expiration ot each policy. to deliver to aaid Mortgagee a renewal thereof, togeWer wlth a receipt for the premium ot such renewal, and there shall be no such inaur- ~ ance placed on any oi safd buildings, any intereat iherein or part theseot. unles~ in the form and with the loea ~ payable as atoresaid; Bltd IA UIE E~CIIL 811y aum ot money becomea payable under auch policy or policies aaid ~ Mortgagee ahall ha~ e the option to receive and apply the same on account of the indebtedness secured henby or to permit aaid Mortgagor to recelve and use it or any pari thareot for other purposes witbout thenby waiving ~ or impairing aqy eqWty. Hen or right under or by virtue of thU mortgage: and fn the event aiaid Mortgagor ahall for any rea,~on tail to keep the sa3d premises ao insured, or fail to dellver promptly any ot said policies of in9urance to aaid 1liortgagee, or tail prompUy to pay fully anq premlutr? theretor, or in any respect fail to per- ~ form, diacharge~ execute, etfect, complete, rnmply with and abide by this covenan~ or any part hereoi, said Moctg- 'ti agee may place and pay for such insurance or any patt thereof without walving or atfectlng any option, lien. equity or rigt~t under or by virtue of thia mortgage, and the tull aqiount of each and every such psyment ahall ~ be immMiately due snd psyable and shall bear interest imm the date thereof unUl paid at the nte ot ten per ~ canturn per annum and together a1tli such lnterest shall bs aecured by the lien o! thb mortgage. ~ 4. To permlt, commit or sufter no waate, tmpalrment or deteriontfon of sald prapertY oe' +~ny Ps*i thereof. ~ 6. T,p includin reasonable Laryer'~ feea and co~t o! PiY all aud aingular the coats. chu8e+ and expensea. S ~ abstracb of tiUe. tncurred or pald tt an~ time by sald M~etg~gee because and~or ia the sveat of the tallurs ~ on the part of the aald Hortgagor to dnly, promptly sn~1 tully parior'm. di~charBe. esec~te. aifect, complets. ~ rnmpty wlth uW abide by eacb aad ever~ the stipulaUon~. ~rKments. coad~tioau and oovenauL of said promir eaeh aad eve ~hall b lm- ~ sory note. aad tlrfs mortgaga, any or either~ aad iald ~t~ charge~ aad exPen~s. r7. h mc~i, tely due and psysDle, w6ether or not t2~ar be notice. 3emsnd. attempt to collect or n~lt pandtng' and the ~ full a~ount of each and every wch paqment aha1) bear interest from ths dste tbereoi uatfl Pald at We nte oi ~ ten pcr centum per annum• ai?d a11 ~aid owt~. chargea a+~ s~P~+~ ~ incurrsd or pal~ Wrstbts wltb auch fn- terat, sh~ll bs aecnred by th~ lf~m o! Ws mortgars. ~ OR ~ ~OOII ~Mf ~ ~ - - ~ ~ . _ , . . . _ - ~ _ ~ - . , x ~ ~