HomeMy WebLinkAbout0741Provide) Always, that i/ said AlurtKa~or(s) Shull puy unto the 111ottgagee(s) the tertaitt
p-o»tissory note, o/ u~liich the /vlluwinl, in words ant! /igures it a true copy, to unit:
MORTGAGE NOTE
.; ' ~0, 000.00 Ft. Pieroe i~fartd.w~et 1 IAdP_
aFOI~t ~'~~~n~r and stusnlly N-°t"tis to yp to d~ o-de- o/
LEO C WII.I~ON •~ 1
togctlter wtth tnte-ast Nrereos /Horn per sn:wan s*~ ttNewlgr.
The aakl p-tnctpwl and Interest 6ettcg p~tble atd_~t`.._.._. - Florida.
o. as tuck other place of the ltdde-aa~ og ~, ~.+~,~eT~~~oa ~~~ 11~ ~~0.
/ollows: Ia ANNUAL ios
and • like snm on the loth day od Aosot3t os each cosanecutive year thereatler until l4131r paid.
Each aat~wl install~oaewt payment shall bs credited lust oa the interoat tLen doe
and the reasaindt:r on principal, aqd 1atQreat ab•u thereupon cease upon thQ principal 80
credited.
in part er ~t ~s~t out
Thu Hots fllay be prepole~0/te- ~ wtth Ps~lgl' ,--r .-
Tha woes M aawod bs • woApp sosw dots hehweth ad a to bs cow~twad owd aw/orosd oceadlws a tlw Inoo M the SeoN o/
FloNds; upow tAs /slbn tAs oy~4 Ord to pot ewp ww ragatrod to 6s pld br tAs ts~w o/ tAb woes a tAr w~o~eisss.
tea ~shaw eher 6soows or opow the in.eh o/ awy a asnewawe ar eoww.wt o/ tha woes or o/ fAo +tcwlw~
w~ortt~s. the .wr+cr w~ a/' P~twe+..t .w~ twt«+at nw~.twlw. rwww sbs4 of t~hs optbw o/ tb. Ibtd.. . t+.oow. twwud~t.Ip dw
.wd p.tw64. Fitlws eo assnva a.rd opebw .tiD woe eowWtw~ o v~rw. o;( tlw .tsM to as.,~els. tb. Nwi..
7'ha woes. IwdwdM,e owr Iwrtollwawe ~arwwit o/ plwelat awd/a Iwtanit. Mesa bea twtarse of tM nts o/ Ws «+M.
par owwww /row the nspseetos watwM~ • ehshs/ writ paid.
tiseh woks- awd awdonsr oersss. totwty owd stornlat. to pop sit Dose o/ ~+oltodtow, b~eirdtws o rsosowsits ottorwar's /so. M the
soswt thlr woe.. Neh~ ~ ~ p+Mw~. a woe MW pw~wptMl whew dre. owd tM asww a etosw to aw atforwgr for ootbdtow,
~S~icll~wrkor~iwd~twdaas- seotnap wise dswawd, protMt owd w.Wn o} ~wsewitp. wow-porw~awt ar p~otat awd s8 Delos ngrt~r~ewts
wacw.rr to hob soeh o/ thaw Wits w wwa4srs owd awdonors.
~:
Stamps affixed to original
;, note and cancelled. -
/ s / LOUIS T. COX, JR. SBAL)
/s/ ANGELA P_ COX (SEAL)
AIlGELA P. COX
and shall perform, comply with and abide by each and every the stipulations, agreements, condi-
tions and covenants o/ said promissory Hots and o/ this dasd, than this dead and the estate hereby
created shall etose and be null and void.
Md the said Mortgagor(s) hereby eovanant(s) and agree(s):
1. To pay all and singular the principal anndd interest and• other sums of money payable by
iridus of said promissory Hots and this dead, or either, promptly on the day: respectively the :amt
s~vsraUy come due.
2. To pay all and singular the taxes, assessments; levies, tiabilitie:, obligations and encum-
brancss of every nature on said described property each and every, and ij the cams 6e not promptly
paid the said Mortgagee(s) may at any lima pay the same without waitnng or a//teeing the apteon
to foreclose or any nght hereunder, and suety payment so made shall bear interest from date
thsrtoj at the rats of -8- per cant. per annum.
3. To pay all and singular the costs, charges and expenses, inclruling lutvyer's less, reasonably
iacunsd or paid 6y said Mortgagee(s), becawe o/ else failure on the part o/ the said Mortgagor(s)
to perform, comply with and abide by Bach and every the stipulations, agrecrnents, conditions and
eovsnants o/ raid promissory note and this decd, or eitlier, and entry such payment s/call bear
intsreft from dots thereof at the rate o/ -8- pcr cent. par annum. (fire & extended covE
4. To keep the building(s) now or herealter on said land iruuredlin a sure not left than
THE HIGHEST INSURABLE VALUE ~
in a company or companies to be approved'by said Mortgagee(s), and the policy or politics held
by and payable to raid Mortgagee(s), and in flit event any furii al money bccorncs paya[~le under
such policy or policies, lha Mortgagee(s) shall hour. the option to receive and apply tlir. forest. on
account of the indcbtcdnets hereby secured or to pcrr-tit else Mortgagor(s) to rctr.:ue and ti:.r it,
or any part thereof, for othe- purpaset, urithout tlicrcby taair-ing or iriipaerinS any Equity lien or
tight under or by r~i-tue o/ thu mortgage, anal rr:ay plate and pay /or such irtsiaaiite or any part
thereo/ tuithout ruair~ing or of/ectinA- the option to Jnretlnsc nr airy -right htr~~undcr, and each and
every suclt payment sholl bear intcrcit /tom dale at rite raft. o/ -$- pcr aunt. pcr anrirciii.
5. To permit, commit o- su//er no tundt, im/rni-mrnt a- d••l~~rirrration n/ .s~rid f-rnpcrty o. any
part thcrco/.
!;. T'o pcr/nrrn, co-nply rustle and abide by ~a~•h nnrl rivr-y I/n• stipi-lalinn~, n{~rr~•-n~~nt~, run~li-
linnt and cnucnnntt in said promissory nat,r aril in Ilr++ ~Irrd .~~•i lnrlh.
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