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Home My WebLink About0155 s 12,9Q0.00 ort Piarce Novembes l~ 69 . . n«;e~ w fOR VAUIE RECEIVED fM wd~siyewd pranisss Io pay to IM wds. d • RI~IYMOND D. J08N&ON, JR. . . _ _ . . . _ _ . . . . . . . _ . . . . . ~n. a~~~~ ot.T'WSLYB...THOUSl?ND NINE BtJNDRSD ~ND HO/100 oau..: ~s 1Z.,9_00.00 . 1. topelher with iM~rssl Iherwn Fran d~N, at the rate o( ".............................D~r tM~f. P~r.. .....unlil nytwify. sa~d inlKisl beiny ~aYable . . _ _ ..on the . .day of . . and..... . . _ each year, bWh printipal and inlereu be~n9 paYabb in lawlvl moosy d the Unikd Slales or ils equivai~nf. sl . . _ . See belc~+ .._~;d pnncipal swn to b~ payable on fM data ~nd in 1h~ amouMs spec~fi~d bdow, to-wil: i : ` The amount ot $12,900.00 beinq payable on or before one year ~it~r the dat~ h~reot. Each ~aka ~nd endo.swr swnslh waiv~s d~nd. Prolat ud nofia d~UrM. ~o~rWt?*~f a? 0?M~A asd ar n4rir~Nis Mo~ary 1i liold wd~ if tl~sn+ IiaW~ as ny~ws and ~ndorssrs. Estl+ w~1c~r snd Mdws~r fur~M. +OrNS. ioinMy ~nd s~wraMY. 1o psy all costs d coNW~o~, incMdinO a ndoeabb allernrll'~ IM in caM IM priwdMl d ihis note or arty paYmen~ ps ths prir.cipal or any inNr~st M~s.~oe is wot psd at 11» r~sp~tliw sN~wifp MMr+d. a i~ ew i1 b~ce"'ts Mo~a+~1? » M°r~+? ~ secw~ty hercof, whether wif be broughl a no1. This nots and de4erred interesl DaYmeMs shall bea~ inleresl st the rale ot...._...........~.._...W? t~M. Psr sn~w han mstvifY u~fil psid. This nde is sscwed bY a_. ........mwlgaye d even dsle h~rew~~h and i: ~o b~ constrwd aed ~nfor~o~d accordi+p ro the laws d ~M StM~ d Flor~d+: uoon de(autt ~n ?hs Parmen~ of princ~psl andfa ~ntoresl due a? anY note secwed bY said Mortya~. sll not~s so secur~d snd n~in~ wip~id sh~ll forthwilh become dur and PaYable nolwilhsrand~n9 ~heir tenor. ~~Z~.i--~-~; ~ ---~Eeator . . _ . _ / (S~s11 _ . _ ~ _ . . and shnll per~orm, comply with and abide by eoch and every the stipulniions, agreemenls, condilions and cove- ~ I~ ~ nants oJ said promissory note_.__._ and of ll~is deed, tl~en Ihis deed and the estate thereby crented shall cease and be nuU and void: i 1. The Mortgago~ here6y cove~iants and agrees: i ~ (a) To pay alI and singular 11~e principal and inlerest and the uarious and sundry su?ns o money pay- ~ l a6le by virtue oj the above descri6ed promissory note..___., and tl~is mortgage, and any a?id a I renewals of + the same, or any part thereoj, and also any and all ol~er loans and/or aduancemenls which may 6e mude by ~~ottgngee to ]~'lortgngor. prompf~y on the days respeclive~y ihe snme sevemlly 6ecome due. ~ (6) To pay a~l and singular the tares, assessments, levies. Iia6ilities, o6ligntions cu~d encum6rancea o~ ~ every nnture, on said described property ench anc~ every, and iJ the same be not promptly paid the 1~'lort- ` gagee may at any time pay tlee snme withouf waiving or aJJecling !he option to (oreclose or any righf here- under and e~ery payment so made shnll 6enr inferest (rom the date thereo( nt the rate of...___..7_____________per ' centum per annum. I~ (c) To paq all nnd singular the costs, charges and expenses, including lawyer'a (ees nRd a6s~~~e cos~g reasonnbly incurred o~ paid at any time by the Mortgagee because oj the failure on the part of the Mort- ' 1(I~ gagor to perform, comply with and abtde by eacb and euery the stipulaiions, agreements. ~oRd~~~o?~, ~d ~ ~ covenants of snid intle6tedness and said promissorq note.___._ nnd this deecl, or eithe~, ond every such pny- i ° f inent sl~a~~ bear interest ~rom dafe at the rate o~___.__._.7 ................per cenlurri per annum. : ~ ' fI (d) To keep the buildings now or hereaf ter on said land insured agninst Ioss by Jire in n sum not less 1 ` !f none : ; i~ th~ none ~d aga~.~~ to~ 6y wirtdslorm in a sum not ~ess than 5---•----------•-•---•--- ~ ~ a company or companies and t6rough Insurance Agents or Agencies to be named and designated 6y the ~ I~ Mortgagee and the policy or policies s1~aIT 6e held ~d ~ya6i~ to tl~e Mortgngee. In the event any sum ~ oj money becomes paynble untler sucl~ policy or policies, tlte Mortgagee sball haue the option to receive ~ and apply the same on account oJ the indebtedness here6y secured. or to permit t~e Mortgngor to receive ; ~ nnd use it or any part thereof Jor other purposes, without ihereby waiving or impairing any equity, ~isn ; or right under or 6y virtue oJ this deed, and the Mortgagee rnay place and pay ,lor such insurance or any ~ ~ part thereof wi~hout waiuing or aJ~ecting the option to Joreclose or any right I~ereuncler, and ench and ~ i~ ~ every such payment shall bea~ interest ~rom c~nfe at the rate o(________________________per centum per annum. I (e) To permit, commit or sulJer no waste, impnirnient or c~eferioration o~ said property or any part ~ i thereo% ~ That if any o~ aaid sums o( money ~ierein ~e~errec~ to be not promptly and Jully paid u~it6in_~~___.. i~i dnqs next uf ter ~he anme severnlly becomes due and payable, or if eac~ and euery t~e slipu~aiions, ngree- i ments, rnnditioru and c~o~enant~ o/ aaid promisaorv note and thiu deed, or either, are not /ullq perjormed. ~ ~ complied with and abidetl 6y, the snid aggregate sum mentioned in snid promissory note, nnd any renewal ~ thereo~, and aIl inde6tednesa /rom Mortgngor to Mortgagee, ahall 6ecorne due nnd pnyn6le ~oril~witl~, or ~ 1 therea ter at the o tion o tl~e Mort a ee as ull and com letel aa i tl~e said a r ate swa o said in- = r p 1 e 9 I y P y f e es f ~ debtedness and said promissory note was originally stipu~afec~ fo ~ie paic~ on suc~ day, anyt~ing in said ~ ~ i promiasory note or herein to fhe contrary notwit~stwtding. ~ i~~ (g) That in order to accelerate the maturity o1 the indebtedness I~ereby secured, 6ecause of the fail- !~I ure of t~ie Mortgagor !o pay nny tnx, assessment, l~ab~l~ty, o6ligalion or encum6rance upon said properEq, - _ as herein provided, it ahall not 6e necessary nor requisite t{~at the Mortgagee shall /irst pay the same. I i To per~orm, comply u~itl~ and abide 6y euch and e~ery il~e stipulations, agreemenls, conditioru and couenanta in said promissory note anc~ in f~is deec~ set ~orth. ~ ~~jl 2. The lien hereof al~all extend to nnd include tl~e we, rents, unc~ profits o/ said premises, but fl~e Mortgagor ~ ';I shal! F~n~e the rigl~t fo remain in possession of said premises nnd enjoy t~e use, and to receiue f{~e rents anc~ pro(its ~g I~, Ihereof, will~out nccounling to the Mor(qayee there(or, so long as ihere shall 6e no defau~t hereunder, provided Yi; i i ~il I tl~at in tf~e event of any such cle~aull {~ereuncler for a perio~ o~._....3~___._._.doys. Ihe 1~1ortgngee s{~all 6e entitled to i li the po~session anc~ use o~ saic~ mortgngc~c/ premises, anc~ to receive ancj app~y t~ie net rents and projits fhereo~, ~ I upon nnd towarc~ tRe payment o) thP indebfedness I~ereby secured. ; i ra i ~ ; ~ ~ ~ ~ bR A - 60L~K ~~1 FACE ~ ,u. - - - _ - . - : ~ , ~ , ~ r ~ ~ ; y~ ' - ~ - y ~ . .