HomeMy WebLinkAbout0272 , ~ -
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Jensen Beach , Floruta A~t ~l , l9 gs - ~
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Na--.----- u/ter date, /o~' value received. ,
~emand . ~
the lensen B+each Bank ~
w to the order o/ '
------~--Promtse ta 1 y DOLI.ARS.
----Ei h Thousand and n° ~04'"__'-------- ~ .
, Ftorida _ :
. ~ ~ ~ensen Beach ' -dat~e futtr P.~. l,~e.a~ P.r•bt. se~t~ ~
' 8~ o.r aYwt. per .wwuw. I~ea~ p,ou,e: iw c.,~ wit ,?wu ,
~~at t~e~eew ~t t~s nte o1 t~ wceire dew~d. +wtiee o( aow•P~ri~~ ~~1~ euorw~~i ~eta Jer :
TJ~s ~k Nd ewdorser oJ tAti uo~s (ur~~a asree e.~ suon~. D~r
tJ+t leetiow Aaso/ tJre suK~ 1~ to be cellectcd ~pow ~aw~nd / a per cewt. pe~ ~wwwn. P~y+bls sen~i•
?~t Mw~k ~ ~ ee 6e~r iwt.r~sr /row w~~t«ritr at ~C~E j~.Caj)
r ' a" e~ SoLtdaY America at ~~S -
~ (Seal)
Attiest' 19 - BY
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RAMCO'~ IO~N Pt0 • . .
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; ~ p~ ::~.d ahall dulY. Promptly and fully pertorm. disckhari8e, execute. etfect. complete. oomply wfth and abide by each
+-••e..• :t~.u,~sc;rnu~; io+~e~'+P.IIL~ mndit;ons snd covenants of ~d pmmiswry note and of this mortgage,
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c~ ~~i'~ ~ thls mortgage and the ~tate hereby crested ehail ceaee and be null and void. .
V It is underatood that eu~ of the wonls, ••note.•• "mortgagoY' and "mortgages" reapectlvel~s and the pron-
~ O reterring thent0. whether in the singular or plural anywhere 1n thla mortgage. ehall be singular it one only
~ Y+ ir ahaU be plural iointly snd eeverally. if more than one. and shall be masculine, feminine and/or neuter. whe~
~,.~0i n ~ the oontaxt eo impliea or admtta
y ~ And eaid ][ortg,~gor for bimselt and his helra, legal npresentatives~ succe.aeors aad assigas, Lereby oovea-
~ o R i. auts ana agree~s to and with said lYtortgagee. h~s legal representativea, succeseo~ and asaigas:
v~ 4~i . 1. To psy all aad dngular the principal and lntereat and the various and sundry sums ot moneY Ps3~le D~
p~ virtue oi said promis~osy note; aad t1~is mortgage, eacU aad ever~?. Promptly on the daya respectively the sams
s7 t7 severally become dt~e.
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2 To psy all and aingulu the texes, aas~smads. levies. liabiliUes. obtigationa and incwnbrances o! every
j q v nsture and kjnd now on said described property. andlor that bereatter may be imposed. snfiered. Placed. levied
a a~o or assessed thersu
p on. and/or thst hereafter may be leWed or assessed upoa this mortgage and/or the indebted-
neas secnnd henby, each and every, ~ahen due and payable according to law, before they b e
c
ome d
e
1 1 nQuen~
~ and before ~ny intereat attachea or aay penalty i9 Lncurred; and in so far aa any thereof is ot record the same
shall ba promp tl,jr saUati~d and discharged of record aad the original ofRcial document (aucl~ as. for instanee.
a the tax receipt or the sstisfaction paper oinclally endorsed or ceetified) ahall be placed 1n the haads ot said
~ Mortgagee within ten days nezt after payment; and in the event that any thereof is not so paid. aatisfied and ;
diacbsrged. eaid Hor[gagee may at any time pay the aame or anq part thereoi without waiving or affecting E
# say optiw~, lien, equitq or right ander or by viriue of this mortgage. and the full amount oi each and every ~
~ such paymeat ahall t+e immediately due and payable and shatl bear intereat from the date ttureo! until paid f
, at tbe rate o! ten per centum per annum and toaether with such interest shall be secured by the Iien oi this
mortgage.
S. Tp plaoe and continuously keep on the buildings norv or hereafter aituate on eai~ land Hre and windstorm
insarance in the usual standard poUcy form, in a aum not leae than i--._._....~---••-•------__..._...._.»_ in such com-
pany or oompanies aa may be approved bq said Mortgagee;.>and al! such insurance pollciee on any of said build-
ings, ar~}r intereat therein or part thereof. 1n the a~regate aum afornsaid or in exceaa thenot. shsll contain the
usual staadard mortgagee clauae making the los~ under eaid policies. each and every. payable to aaid Mortga-
~ gee as his inteeeat may appear. and each and every auch policy ahall be promptly delivered to and heid by aaid ~
Mortgagee; .snd, not lesa than ten days in advance of the espiration ot each policq, to deHver W aafd I~Sortgagee
a renewal thereof. togettier with a receipt for the pnmium ot m~oh renewal• and there shall be no sach insur-
ance placed on any of aaid buildings, any intereat therein or part thereot, unless in the form and a?ith tbe loas
payable aa afonsaid; and in the eveat eny aum o[ moneq becomes payable under auch policp or policies asid
Mortgagee shail have the optlon to receive and apply the aame on account o! the indebtedneas aecured bereby or
~-~.o permit ssid Mortgagos to receive and uae 1t or eny part thereot for other purposes wiWout thereby waiving
or impa[ring any eqWty. llen or right under or by Wrtue ot this mortgsge: aad in the event asid Mortgagor shall
for any reaaon fail to keep the aafd premises so inaured. or faU to deliver promptly any of aaid pol~cies oi
inauranoe to eaid Mortgagee. or fail promptly to pay fully any premium Lhentor. or in aay reapect iafl to per-
forni. discharge. acecute, eftect, con:p3ete, complq wfth and abide by thi~ oovensnt, or any part hee~eot. said Mortg-
~uity or r~fght nndersorf
by ~virtue of this mortgage~and the full taqSount oi ea
h andtee ry such p~Yme
t liehall
be immediately due and paysble end shall bear interest trom the date thereoi untU paid at ths rate oi tw Per
centum per anaum aad together with such interest iha]i be secured bY the Uea ot this mortgaSe. •
4. To permit~ commit or sulfer no waate. impairmeat ae deterlontion oi Wd proP~Y ~~Y P~ thereo~
6. Zb pay a11 aad dngular tde costs. c6ai'Sea and expenses. includin6 nasonsWe Lwyer'~ lees and cost ot
abstracb of Utle. tncure+ed or pafd at an~ time by ~aid ~tortgagee because ar?d/or in tbs event a2 t2~e fallurs
oe the part ot the said Morigagor to dulY~ Promptly aad fully pedorm. dlicharS0. esecutR eftect, c~mplet4
oomplr arfW and ablde by each aad every tha ~tlpulstfons. agreemeata. coa3itions aad oovenanb oi said pmmis- ,
~ory rwte. and tbi~ awrtgage. an~ or efther, aad eald cosb. chsrBa and ezPenses. ~ach aad every, sball be i~a- ?
mediat~ely dus and payable. ahett~er or not thera be noti~x. demand. attampt to collect or ault penGing: and the ~ i
iWl amount of eaclf sad every such payment at~sll bear intenest h~om tha dats thenoi m?til P~d d the rate ot ~
ten p~r cenU~m pes aanum: and all ~atd oosts. charg~a aad esPen~s ~o incursed ae paid. Wi'etber with wch fn- +
tstwt, ~hW D~ ~s~.wbd by th~ Ifean o! tWa mostga~a.
_ b00K1~U PACE ~ /2 ~