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Home My WebLink About0758 _ ...-_~..~so.oo sru~Ar. Flosida. ...........~P.r~l Zl ie...?!~_. ~ . FOA VlILUE AECEIVED. !b~ und~rdyned, iointlT and s~~orally. PROMISE TO PAY fo !h~ o:d~r ol ftAItOLD.. R.....ANKENY . . . ~ . . . -Five..Thous.~4~a...SeY~.~...Nu~d.x.~d...~i~ty.....t~as~....O.Q/.1.0.0----.-.-.--.-.-.-.,-..-.-.-.--.-.- DOLLARS. at Fort...Pierce_,_..Flor~.d~_ ........os sucb o~h.= p~a~..: the holder . . . hereot m~T d~:IqnaN ip wsiti ~ ng. lo~slh~r wilh inler~s! irom dafs af !h~ rate oi .7 per centum pet snnum on the unpaid balansti unll! maluritT. Tb~ add priadpal aad interest shall bs due and payable as follows; One year after date in full, or upon the sale of makers' residence ` in Palm Reach; Florida, whichever occura ttrst. If dtlaull b~ made to? ..3.0....... da>y ia tbe paraeent ot any iastallme~t ot orincipal or iaterest or aar part tAereof, t6e ~hole aum tAen flY~i~plp~ unpaia vitti iatersst aluU at 6older s optien becore due iad payable ~rithout eotice, Failurs to eaercise sucA option a6a11 aot coastitute a~ai~cr e( tAe ri~ht ~o exeroiae t6e wne in th~ eveet of aubsequeot de(au1L A(ter maturity bot6 principal and acc~ucd interest aEall brar iatereat at_.'~.._ ..oer «ntum yrr anaum uptil paid. The maken and tadorscrs ol this note furthtr v~ite demand, ootice o( noa-paYmeet and protest. !i this nole ~a aot Paid ~t matu?itr aad tbe same is plated vrity ~u ~ttorae~ tor collection, the makers and endonera hereo( a~?ee to par a11 cost• ol cdlectioa, includin~ all court cest~ ~nd reaaoaable atto~ne~ (ee~. s/_ Richard_ S. Little Jr . .__.tsEa~.~ I?ia~iard~---J~: I;ittle~~ ~ Jr. - s/ Lorita._H..._Little.. ___....._tsEaL~ Lorita H. Little - - - (SEAL{ _ ~ . - - - - ---.(SEALi and ahall duly, prompUy and fully pertorm. diacharge, execute, effect, completP, comply wtth and abide by each and everp the stipulations. agreements, conditions and covenants of said promis~ory note end of thia mortgage~ then this mortgage snd the eatate hereDy created shall cease and be null ancl void. It is understood that each of the words, "note," •'mortgagor" and "mortgagee" respecii~ely and the pron- ouns refemng thereto. whether in Rhe singvtar or plural anywhere in thla mortgage. ahall be singular if one only and shall be plural joinUy and severally, if more than one, and shai! be masculine, feminine and/or neuter~ wher- ever the oontext eo implies or admits. Md sald Mortgagor for himself and his heirs, legal representattves, successors and essigas, hereby covea- snts~ ana agree~ to and with aaid Mortgagee. his legnl representatives, successors and assigns: 1. To pay all and singular the principal and intereet and the various and aundry sums ot money payable b virtue of aaid promissory note. aad thia mortgage. each and every. prorripqy on Ne days respectively We same aeverally become due. 2. To pay ali az?d aingular the taxes, assessments, levies, liabilities. obligations and incumbrances ot eveey nature and kind now on said described property, and/or that hereafter may be imposed, auffered, placed, levied po e or asseeaed thereupoa, and/or that hernafter may be levied or assessed upon this mortgage and/or the indebted- ness secured hereby. each and everv, when due and payable according to law, be[ore they become dellnquent, ~ and before any interest attaches or any penalty is incurred; and in ~o tar as any ihereo! is of record the same s shaU be promptly satisfied and discharged ot record and the original ofticial document (such as, for instance, ; " :he tax receipt or the satis[action paper officially endoraed or certified l shai[ be ptaced in the hands of said i Mortgagee within ten days next after payment; and in the event that any thereaf is not so paid, satisfied and discharged~ said 1?iortgagee may at any time pay the san~e or any part thereo[ wlthout waiaing or affecting any option, Iien, equity or right under or b~~ ~~iriue ot this morigage, snd the ful! amount of each and every auch payment ahall be immediately due and payable and shall bear interest from the date thereof until paid ' at the rate of ten per centurn per annum and together with such interest shatl De secured by the lien of thie mortgage. ; s. To place and continuously keep on the buildin~a now or hereafter attuate on said land fire and windstorm ~ value ~ insurance in the usual standard policy form, in a sum not less than ~Ya].qh~St.._.71.IIS3].rah1P/, 1n such com- x pany or comp^nies as may be approved by said Mortga~ce: and all such insurance policies on any of esid build- i ing~, any interest therein or part thereof, in the a~fireRate sum atoresaid or in excess thereof, ahall contain tfte usual standard mort~agee clause making the luss ur.der said policies, each and every, payable to said Mortga. ~ gee as hie interest may appear, and each and e~~ery sa~~h policy shall be promptly delivered to and held by eaid - Mortgagee; and, not less than ten days in ad~•ance of the expi:ation o[ esch policy, to deliver to sald Mortgagee a renewal thereof, to%ether with a receipt for the premium of ai~~h rnnewal- and there shall be no such insur- i ance placed on any ot said buildings, any interesi therein or part thereot, uNesy in the form and with the loss payable as aforesaid; and in the e~•ent any sum of money becomes payable under such poUcy or policies said Mortgagee shall have the oplion to receive and apply the same on account ot the indebtedness secured hereby or to permit said Mortgagor to receive and uce it or any part thereot for ather purposes without thtreby waiving : ar impairing any equity, lien or riRht under or by ~•irtue of this mortgage; and in the event said Mortgagor sha11 for any reaso~ fail to keep the said premises so insurcd, or fail to deliver promptly any ot said policies of - insu~ance to said Diortgagee, or taii prompUy to pay fully any premium therefor. or in any.respect fail to per- form, discharge, execute, eftect, complete, comply ~~~th and abide by ihis covenant, or any part hereot, aaid Mortg- agee may place and pay for such insurance or any part thereof without waiving or atfecting any option, lien, equity or right under or by virtue of this mortgage, and the full amount ot each and every euch payment shaII be immediately due and payable and shall bear intPrest frpm the date thereat untll paid at the rate of ten per centum per snnum and together with auch lnterest ehall be aecured by the lien ot thie mortgage. 4. To perrNt, commit or sutfer no wa~te~ impairment or deterioraUon of sald property or any part thereof, 6. To pay sU and aingular the costs, charge~ and expenses, including reasonable lawyer's fees and coat o! abstracta of title, incurred or paid at any time by eatd Mortgagee because and/or !n the event ot the faflure on the part ot the said Mortgagor to duly, promptiy and fully pertorm, dlacharge, eaecute, ettect, completa. comply wlth and sbide by each and every ths sUpulatione, agreement~e, con~litlona and covenanta o! said pmmis- ' aory note, and thia mortgage, any or elther, and said costs, charges and e~cpenses, each and every, ahsll be im- mediately due and payaDle, whether or not Lhere be notice, demand, attempt to collect or aWt pending: and ths full amount ot each and every such payment ahail bear interest trom the date thereof unW pald at the rate oi ' ten per centum per annum• and all eaid cwta, chargea and eacpp.aaes eo tncurred or patd. together wiih such in- i tereat, aball be secured by the Aen oi th[s mortgage. _ , t i BOOK ~S~ PAGE , ~ ; } ~ . ~ ~