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HomeMy WebLinkAbout0868 . No. i~~ ~•00 , Florida ~ y , 19 ~ f ~ OII o/ter date, /or volue re+~eived, ~ pro~nise t~ poy t~ the order oj T~ Jo~ ~h Ai~t N~y ~ amd Ao/100- - DOLLARS, ~ 7A~II BiiCZI, _ _ _ , , Fbrida uat~ iwce..n d.now .t dt. r+N. ~ c«W. ~u .wwww ~.o+w d~ wuil /rlly p.id. Iwts.e,e pep.6te ,awi. ~wwwlly. TAe ~wk~ ad ~wdeiaa o/ ais Mt~ /weker ~?ee to ~nire dewawd. wotice ~l wow~Mrw~wt ~wd /neteat: ~ ut cue mit a~l! be brouaA~t /o? t~ eoUeaiow M~ns/. or tAt ~a+wt ~ te be eolfected upow dcw~d el a~torwey. t~ P~p ~e~sow~bb ~uorwer'a Jea w~;,~ eoUectiow. n%..~sJ iw~aw~ ~.,~w.w a e~r ~~r..r,r ~ HOliida,rO{~t 1N ~1'~Ci tt L~iIC~A,~C. ~ AT~SST: a~ S~cr~tar~t Due _ 19 ~ (S~1 RAMCO'f r011M !l0 1 ~ and shall duly. promptly and fully pertorm. discharge, execute, efiect, complete~. coinply wtth and abide Dy each and every the stipulation~. agreementa. conditions and covenants of said pmmissory note and ot this mortgag~e, thea tt~s mortgage and the estste hereby created shall ceaae aad be null ana void. It ia underatood that each of the worda, "aote;' "mortgagor" and "mortgagee" reapecUvely and the pron- ouna referring thereto, wheWer in the aingular or plural snywhere in thls mortgagq ahsll be singular if oae only and ahall be plural ~ointly and aeverally. if more than one, and shall be ma.9culine, feminine andlor neuter. wher- ever the context eo impliea or admtta And said Mortgagor for himaelt and his heirs, legal reptYSentatlves succeseors and assigna, hereby coven- ants ana agrees to and with aaid Mortgagee, his legal repreaentatives. succes9ore and asnigne: 1. To pay a11 and aingular the principal and interest aad the various and sundry sum~ of money payable D~ virtue o! said proaussory note. and this mortgage. each and every. pmmptly on the dsys respectively the eaane severally beooma due. Z, To pay aI1 aad aingular the taxea~ ~sassments, levies. liabilities. obligations and incambrances ot ever~ ~ nature and kind now on esid described pmperty, and/or that hereafier may be impomed. satfered. placed, levied ! or assessed thereupon. and/or that hereafter may be levied or asseseed upoa this mortgage and/or the indebted- ~ neas secured hereby. each and every, when due and payable according to lsw. betore they become delinquent, and before aay interest attaches or any penalty is incurred; and in so far as any thereof is of reoord the same ~ shall be prowptly satisfied and dischacged of record and the original otticisl document (auch as. for inatsace. s the tax receipt or the satiafaction paper oificially v?doraed or certified) sltall be placed in the hands oi said Mortgagee within ten days neat after payment; and in the event that any thereot is aot so patd, satiefied and ~ discharged. said Mortgagee may, at any time pay the same or any part thereof wiUwut wsiving or afiecting any option, llen, equity or right under or by virtue of this mortgage, and the full amount of each and every such payment shall be immediately due snd payable and shall bear interesi irom the date thereof until pald ~ at the rate oi ten per centum per annum and together wilh such interest ahall be secnred by the Hen of tt~is { mortgage. ~ 3. To place and continuously keep on the buildinge now or hereafter aituate on said land ~+e aad windstosm insurance in the usual standard policy form, in a sum not lesa Lhan i-•----------------------•--------•-•---___.___._.~_. 1n euch com- pany or comp^nies as may be approved by said Morigagee; and all auch insurance poliMes on any oi eaid build- ings, any interest therein or part thereof. in the aRgregate sum atoresaid or in excess thereot. shall :±~ntain the usual atandard mortgagee clause making the loss ur.der eaid policies. each and every. payable to said Mortga- gee as his interest may appear. and each and every s~ch policy ahall be promptly dellvered to and held by esid Mortgagee; and, not less than ten da}r9 In advance of the ezpiration ot each policq, to deHver to said Mortgagee a renewal thereof, together with a receipt for the premium of ssurh renewal• and there ahall be no such insur- ~ ance placed on any of said buildings, any interest therein or part thereof. uNess [n the fotm and with the loss payable as aforesaid; and in the event any aum ot money becomes payable under auch poHcy or pollcies sai8 ~ Mortgagee shall have the optton to receive and apply the eame on account of the indebtedneas secured hereby or ~ to permit said Mortgagor to receive and uae it or any part thereof for other putposes ~?ithout thenbq waiving or impalring any equity, lien or right under or by virtue ot this mortgage; aad in the event eaid Mortgagor ahall ~ for any reason fail to keep the said premises so insured, or fail to deltver promptly any of asid policies o! insurance to said Mortgagee. or tafl promptly to pay fully anq prerai~un tUerefor. or in any respect fail to per- ~ ~ form, diacharge, execute. effect, rnmplete, comply with and abide Dq thi~ oovenaa~ or anq part hereot. asid Mortg- - agee may place and pay for such insurance or any part thereoi without waiving or affecting any option. lien. equity or right under or by virtue of thia mortgage, and Lhe tull amount of each and every such peyment ahall ~ be immediately due and psyable and shall bear interest tmm the date tLereot ~wW paid st the rate of ten per = centum per aanum and together wlth such intersst ~hall be sec+ued Dy t3~e Hea oi thl~ mo:taage. ~ perml~, commit or autfer rw waste, impairmeat ~ deteriorsUoa o2 aald property or anY P~ 4. To ~e~ ~ 6. To pay all and aingular the costs. chargea and ezpenses. including na~onaDle Lvvyer's fe~s and cost o! ~ ab~teacts oi title, fncurred or paid at any ttme by said l~iortg~gce becau~e and/or in Uu eveat a~ the fath~rs ~i on the part oi the said Mortgagor to duly. promptly and iWly periorm, dikharge. esecute. eSect. complete, ~ comply w1W and sbide Dy eacL and every tbe atlpulatioiu, agre~rents. conditba~ and cover?anb o! said promis- ~ wry note, and this mortgag~e, any or either, and said ~wata, charges and espea~ea. each aad every. at?W bs Im- mediately due aad payable, whether or not thee~a be notice, demand. attampt to coUect or anit pendinB: and tbs ~ iWl amount ot each and every such payment shali bear interest irom ths d~te thetbot m?tll Pald at tlu rate ot ~ ten Par centum per annum• ~rid all said oosti. char8a aad apea~e~ ~o lncurred or pai~ together ~vitL sucL fn- ~ terest, sha11 bs ~ecured by tbe lfen of tl~is mortga~s. ~ ~ eooK 182 PACf 866 ~ ~ . _ :y ~ : ~ r ~~~~~~~Y ~ ~.~~~~~`A ~ s~--~~~-~s,~- < ...~-,~r,-~ - u~ ~ . . ~ _ _ ~ ~ - ~ - ~ . ~ _ - ~ -