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HomeMy WebLinkAbout2157 s........ .............92,.0~.•00 sroanr. n~w.. ...L~ctAbet..1,7....................... »69...... FOR VALIIE RECEIHtD. th~ undurd~d, iolntlY and M~~sa11T. PRO~[I3E ?O PAY to tfN osd~s ot .......................~..~,.~~~1~a...+~~.............................................................................................».._.............................._................................................... ' -I1~~ELj~=~O..'I.YW11S8.Y~•.811(~•.IIO/~1~~~.~.,~n..,...~......................................_.._......_......»................... DOLI.AIts. at ................~?..~t..~~8..~.Z~...~@~II@~@~~.T-~~~g*?~ ..os sach oth~s pisc~ as !M hold~r h~~ot m~T d~sipo~ ~n wsilia~. iqNt~u with iot~rst ~som dat~ a! tlN r~l~ ot.....~~._...p~r cya3um pu annu~ on ih~ unpaid balaap unlil ma3usltT. sald pslaeipal ~d in3~iMt sb~11 b~ da~ ~ad W7able ~t iollowst ~ P~,ya]Qle ia iive (5) equal annu,al installments of $18, 400. 00 esch plus interest p~yable a.nnually on the unp~id principat balance from time to time remaininq. ~18, 400. 00 plus inteeest due on 4ctober 17th , 19?0 $18, 400, GO plus interest due on October 17th , 19?1 $i8, 400. 00 plus fnterest due on 4ckober 17th ~ 1972 Total $92, 000. 00 $18, 400. 00 plus ~nterest due on O~ober 17th , 1873 ~ • ws 1~ fr.~ ~~~W hi~iQ~.°.~.( ~K ~•.~•...~..~O~A~. t?. .hel. tM. r.oN.lw. It i~hnlt M~~ ~r i~ M7~ n unnaf~ vritl bt~t ~WI ~t • e~tfM Mo~~ ir u~ waW tltM~t ~~t{a. Fa1Mrr te wrdw wc\ MW~ ddl Nt ew~tltut~ v~hrK ri~~~t to ~uels~ t?~ s~ i~ t!» ~~rut et wMNw~t Mlawit /1ttK ~tseft~ ~Ml ~ol~a1 ui ~oerwi i~t~est ~?dl M~r I~Nn~t at..$. Mr ~cewytu_ Per aaw~ ~uW MK 7i~ wlura ~~e~ws d eYls Ma toetMr ~h~ aetlc~ ef ~-Wrwt as/ ~wtMt It Hb wb t~ w~t'll ~ maturit! a~ W sr~ b~Lo~d ~ltb a~ ~tt~ IK tdlKti~w. tN ~x~ aM M~xsKS MnoE a[~'M to W~Il co~b of eeiMetlw. 1~eh~J(ei costs an~ rMN~vb ~ttKN~ tM~. ThL~ note m.ay be paid in part or in whole ~rithout penalty after Jamaar~ 1, 1970. - . - - ~ ._.................._.--•--....._.._.._._...._..............__.cs~.~ . W ~~~F r L U~-t c c.s A `"~O~n 'W. ~'aines, r. c~ Z DOCUMENTA~~STAMP Ts~`~C ~ _ = r . ..................................._.....__.._..........._.........._._._...........tBEAL) ~ - OCT2i'69 y = ~$BZ@~ .L...T8.YY1@S ~ ° = 3 9 Q 0-'- . .~s~u.~ v~ " co~:eou.en = ~ P.B. ~90~ ta = ~ ---------=r . _ J~ 0~:t2b'Oy 9 9 ~ F- ij ~LLER . _ , ~ ~ ,1l013d ' ~ . .k ~ ~ b. '1~ \ and ahall dulY. P~mPVY ~~Y P~~~. ~~h~'Se. execute, eHect, oomplete. ao~nply wlth and abids by each and every the stipulationa. agreementa. conditioae and covenants oi said promiswry note aad oi this mortgags. tben thi~ mortgage and t,~e eatate hereby created shall ceaee aud be null aaq void. It is understood that each oi ths worda. ••nota." "mortgagoi" and "mortgages" napectively and the pron- ouns referring thereto, whether in the atngular or plural aqywhers in tbis mortgag~e, sbsll be sfngular i! one only aad ahall be plural jointly and aeverally. ii more tl~an ane. and ehsll be maec~iline, fenniniae andJor neuter~ wher- ever the oontext ao impHes or admtta And aaid Mortgagor for himseli sad hia heirs. legal representativeq, auooeasors aad aasigna. hereby ooven- ants ana agrees to and with said Mortgago~ his legal representativm, su~oeasors and asnigas: 1. To psy all aad atngular the principai and interest and the various sad suadry amns oi mo~Y Pa?3~~ b7 virWe ot said pmmissory note, aad tbis mortgage. each and every. P~PVY ~~~Yi ~Uvel~r ths same severally became due. i To pay all aad siagular the ta~cea. aaeersamenta, levies. lisbilities, obligations aad incumbrances oi ever~ ' nature and kind now on sald deacribed pmperty, and/or that bereaiter map bs imposed. sufiered. Placed. levied ~ or aseessed thereupon, and/or tt~at hereatter may be levIed or assessed upon this mortgage sad/or the indebted- ~ ness aecured hereby. each and every. whea due and payable acoording to law, before they beoome deliuquen~ and before say interest attachea or any penalty ie inc~rred; and ia so iar as any thereoi is of reoord the same ahall be pmmptly satisfied and discharged o! record and the orlgtnal ofIIdal document (such as. for instance~ the tax receipt or the satisiact~on paper officialiq endorsed ar certified) ahe?11 bs plaaed in the bands oi ~a ~ Mortgagee within ten day?a next after payment; and ia the event that anq ttrer~wt ia aot so paid. satisSed and discharged. eaid Mortgagee maq at any Ume pay the same or any part thereof withwit waiving or ailecting anq option, lien, equity or rlght under or by virtue oi tLis mortgage, aad the lUll amouat oi each and every auch payment aball be immediatelq due and payable and ahaII bear interest lrom the date thereo! until paid at the rate oi ten per c~ntum per annum and together with such intenat shall be secured by the Hea oi this mortgage. ~ . - S. 'ib plaoe and continuouslq keep on the bnildings now o~ hereafte~ aituate am said land !!re aad windatorm insurance in tha usual standard pollcy torm, in s aum not less thau i~? such com- pauy or companies as may be approved by said Mortgagea; and all such inauraace poHdes on any o! esid build- ings, aqy interest therein or part thereof, in the aggregate sum atoresaid or in e~ccess thereof. shall contain the usual staadard mortgagee clauee making the loss under eaid polldes, each and every. payable to aaid Mortga- gee a.s his interest may appear. and each and every such pollcy aball be prompUq deUvend to and held bq said Mortgagee; xnd, not less thaa ten days in advance ot the espiration oi each poHcy, to deliver to aaid Mortgagee a renewal thereof, together with a receipt for tt~e premium of auch renewal; sad there sha11 be no such insnr- ance placed on anq oi sald buildInge, aay interest therein or part thereoi. unless ia the form and with the loea PaYsble as aforeaaid; and in the event anq aum oi money becomee psqable under such policy or pollciea eaid l[ortgagee ahall have the optlon to receive aa+d applq the eame on auxount of the indebtednea~ secured Lereby or to permit eald Mortgagor to receive and nse.it or any part thereo! for other purpo~es arithout thereb3? waivin8 or impaiz3ng any equity, Sen or right under or by virtue of thls mortgage: and in the eveat esid Mortgagor ~haB ~ for anq reason isil to keep the aaid premi~ea so in9ured. or iail to dellver P~PUY any oi said pollcies o! insuranoe to eaid Mortgagee, or fail pmmptly ta paq fuUY. ~Y Premium thereior. or in any respect tafl to per~ form, diacharge. execute, effact, oomplete, comply wfth and abide by thls oovenaa~ or any ~rt hee'eo~ aaid ~[ortg- ~~Y P~ce and psq for such inaurance or any part thereof without watvtng or attectinS. aaY oP~~+ equity or right under or by vIrtue ot this mortgage. and the full s~ount oi each and every such psyment ahsll bs immediately due aad psyable and ahari bear interest irom the date thareof untll paid at tt~e rate o! tea per oentum per annum and together ~vlth auch iaterest ehall be aocured by the liea a~ tbis mostgage. 4. To permit. commit or auller no waste, impeirmeat or dets~rlo~ation a~ nid propertp or aq~ I~srt t!?ereoL 6. Zb psy all aad ainguLr the oost~. ciurBea and ezpensea. 1ne1ud1a8 ~a~o~nsble lswyer'~ fes~ au4 cwt ~ abatracts o! tltle. inc.urred or paid at anp time by satd Mortgagee becw~s aad/or 1a ths event a[ tba laiturs on tbs past ot the aatd Mortgsgor to dulY. P~PW? ~~u? Psrlorm+ di~charBe, e~ecut~s. ettad. completA ~ oomply witl~ aad abfde bY each aad every tLs stiPulatiotu. agre~n~nt~, con~Nw~t and ooveaaat~ o! said promis- wrp nots. aad tbia mortgsge, aq~ or either, and said cosh. c8asge~ and eo~pea~e~. eacb and evesy. ~ha11 bs fm~ medlate~y dus ~ad paysblq, ahether or a~ thers be notice. demsnd. attempt to aollect ar sntt ; and t~ iull amouat ot eaah aad evei7 w~ paymeat sba11 bear int~e~t tlrom tLs daLs tl~se+eo~ uaUl pald d t~e rate ot fen psr eeatnm psr anatma: aaQ aII ~ttQ oosb. cbar8e~ aad e~Paow ~o incurnd as p~fQ W~St~r with ~uab !n- tawt, ~haL Ds ~scursd b~ ths lfen o~ tbis aoo~tga~e. Mortga.gor a~grees to caxetake the groves situa.ted upon these lands according to the high standards of the Indian River area, and to give the grove egpert management throughout the life of the Second Mortga.ge. g~~K18~ ~a~E2~~~ „ ; ___r___ . f ' ~ _r ~ r x ~ . ~r ~ :r. ~ t ~$~~~.m.- _