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Home My WebLink About2430 ~ i ..»......._........................_.._......_..r . . . . . ~ . . : nA /l . : S 1~ ~.Yt! _ . STUIIRT. Florida. . . . . . . _ . . 19 .6~.. FOR VALUE RECEIV ! u dersi ne 'oiai and s•ually, PAOMISE T PA to 1hs ord~r ot.._ ~ •.~..-..N J~f~l~ 889A4~ B~ . J'ets~ut Bea+c~ ~loar~ti~? --NM-..~-..-•~-- . . . ~'T'~LN THOUB!!ND ~ Nq/Floa~! ••N••.+•..~~• N DOLLI.AS. . at _ . ~Q~Q ~:h J~~ ~ . ..---os ueh oih~: plae~ as !b~ boldu . . ~ s ' hereoi may d~siqnai~ in writin9, toyelhss witb intsres! lsom d~fe at !hs rets ot .8. per c~ntum p~r annum on ih~ un paid i~ : balane~ uAtil matutity, Th~ saId pri~eipal and inl~s~s! shalt be due and payabl~ OD OP ~O~l~ tO11Y' II1Q~18 2;? Si: ~ :e :s - ~ c~ ! ~ ~ k If delault be mad~ tor~ dars in t6~ p~rmeat ol an1~ installm~nt of p?incipal or ~nte~est or any w« <b«b~. th~ vhel~ s tAea nsaialat ~ ' unpaid vith iaterest ~h~ti ~t Aolder's ootioa b~com~ du~ and payable ~+ritAout aotice. Failun te exercise suc6 optioe aAall not coa~tftub~ ~raiwr ol tA~ ~ riiht te e:ercis~ the sawe in t6e tvicet o[ ~ubaepu~at det~ult. A(ter maturitr both Princip~t aud ~ccrucd i:.tereit sAall eear iatce~~t it Nr ttntue per annuoa uetil oaid. Th~ m~kera saa r~doner~ ot this aot~ lurlher vaire drmaod, notic~ of oon•wrm~ni ~ud protesL If tsi~ sob 1~ eet pa W at i~ maturit~ aad the saone ia ytaced wit6 an attorner lo~ colleclion, the maker~ •ad endorsers Aercof •;ree to par aU costs ol collectloa. i~eludin~ all emert costs aad nasoaaWt attornty (ee~. sha~~ti R~ s ~r,v~~ ~ . . ..~f.~ . .............(SE1~L) e.. GO/~~ ~ > ~ - 5/ ~3u~ba~~ _ 1, _ ~ e~ t~ . iyl. ..~i_ - ~ .--~sExL~ ~ :x .........fSEllL1 Y: P.i _ . . . - ~:i ~ r• . . ..c~c:....s . i 1 ~ and shall duly, promptly and fully per[orm, discharge, execute, effect, complete, comply wlth and abide by each ~ and every the stipulations, agreements, cond?tion9 and covenants of said prom~seory note and ot this mortgage. } then this mortgage and Lhe estate hereby created shall cease and be null ana void. ~ ~8 It is understood that each of Lhe wor~ls, "note," '•mortgagor" and "mortgagee" respecti~~ely and the pron- ~ ouns referring thereto, whether in the singular or plural anywhere in thia mortgage, shall be singular if one only and 9ha11 be plural jointly and severaliy, it more than one, and shall be masculine, feminine and/or neuter, wher- ~ ever the oontext ao implies or admits. ' And said Mortgagor for himself and his heir~, legal representatives, successors and assigaa, hereDy coven- anta sna agrees to and with said Mortgagee, his legal represestatives, successors and assigns: x. 1. To pay al1 and singular the principal and interest and the various and sundry numa ot money payable bq ~ virtue of sald protnissory note, and thia mortgage, ea+ch and every, promptly on the days respectively the same x aeverally become due. ~ 2. To pay all and aingular the taxes, as.9essments, levies, liabilities, obligations and incumbrancea of every ~ nature and kind now on said described property, and/or that hereafter may be imposed, auffered. placed, levied or assessed thereupon, andlor that hemafter may be levied or assessed upon this mortgage and/or the indebted- i ness secured hereby, each and e~ery, when due and payable according to lew, before they beCame delinquenL, g and before any interest attaches or any penalty is incurred; and in so far as any thereof is of record the same ' shnll be promptly satisfied and discharged of record and the original ofticial document (such as, tor instance, ~ the tax receipt or the satiafaction paper officialty endaraed or certified 1 ahall be placed in the hands of said Mortgagee within ten days next after payment; and in the event that any thereof is not so paid, satisfied and discharged, said 111origagee may at any time pay the san?e or any part thereof w-ithout wai~~ing or affecting any optian, lien, eqvity or right under or b) ~•irtue of this mortgage, end the full amount of each 8nd every such payment shall be immediately due and payable nnd shall bear intemst from the date thereof untit paid ' at the rate o! ten per centum per annum and together u~lh such interest shal! be secured by the lien oi thie mortgage. 3. To place and continuausly keep on the buildin~a now or hereafter aituate on said land fire and windstorm insurance in the usual standard policy form, ~n a sum not less than ;.15x,~~•_~~ in such com- pany or comp^nies as may be approved by said I?fortga~ce; and all such insurance policies on any of said build- ings, any interest therein r~r part thereof, in the a~gregate aum afornsaid or in excess thereof, shall contain the usual stsndard mortgagee clavse making the loss ur.der said policies, each and every, payable to said biortga- gee as his interest may appear, and each ar.d every su~•h policy shall be prompUy delivered to and held by said lltortgagee; and, not less than ten days in adi•an~e of the expiration ot each policy, to deliver to said btortgagee a renewal thereof, toRether with a receipt for the premii~m of vurh renewal; and there shall be no such insur- ' ~ ance placed on any of said buildinRs, any interest therein or patt thereof, tudess in the fotm and tvith the loss ~ payable as aforesaid; and in the e~ent any sum of money becomes payable under such policy or policies said Mort~a~ee shall have the option to receive and apply the same on account of the indebtednes~ secured hereby or to permii aaid Mortgagor to recefve aed ase it or any part thereof for other purpose~ without thereby waiving or impairing any equity. lien or right under or by virtue of this mortgage; and in the event eaid Mortgagor shali for any reaso:~ taii to keep the said premises so insured, or fail to dellver prompUy any of said policies oi insurance to said Diortgagee, or fail prompUy to pay fully any premium therefor, or in any re~pect fail to per. form, discharge, execute, effect, compiete, comply with and abide by this covenant, or any part hereof, ssid Mortg- agee may ptace and pay for sach insurance or any part thereof withou± waiving or aLfecting any oplion, lien, ! equity or right under or by virtue of this mortgage, and the full amount of each and every auch payment shaII ~ be immediately due and payable and ahali bear interest from the date thereot until paid at the rate ot ten per centum per annum and together with such interest ahall be aecured by the llen oi this mortgage. 4. To permlt, commit or sufter no waste, impairmeat or deterloratlon oi aatd propertq or any part thereoi. a. To pay all and singular the co~ts, chargea and expenses, including reasonaDle lawyer's feea and cwt oi ~ ab9tracta ot tiUe. incurred or paid at any time by aald Mortgsgee because end/or in the event of the fallure on the part of the satd Mortgagor to du)y, prompily and fWly pertorm. dlecharge, uecute, effect, complete, ~ comply with and sbide by each and every the sUpuladons, agreements, condittons and covenanta of said promis- aory note. and this mortgage, any or etther, and said costa, charges and espensed, each and every, ahall be !m- mediately due and payable, whether or not ihere be notice. demand, attempt to collect or nuit pending; and the full amount of each and every auch payment ahall bear interest from the date thereof until pald st the rate o! ten per centum per annum; and all aald coets, charges and ezpease~ w incurred or peid, Wgether with auch fn- terwt, shW be secured by the Uen of Ws mortgage. t gaoxl$1 PAGE2430 aooK 2~~v ~ ~.:~~5~ ~ ~ _ _ ~ _ _ _ , _ .