HomeMy WebLinkAbout0446 ~rDUt~p~ MlIUMI~~, that if 8aid Jkfort$a~or shalt pay icnto the saic~ JKort,gagee '
the cert~in prnmisaory note, of wh~ch Ehe follourin~' i?t taords and it~urea is a trice copy,
PAY/MENTS iNTERfST FORi PIERCE, FIORIp/1, E~~~ 19 ~
OAT< AMOYNT •AL. OUt OATt AMOUNT r/lID TO
fw v~iw nc~iwd, tM i~) to to th~ «d~r of ~M
w~ ~1l~ ~T. ~y ~ b~.~ ~~a
at th~~. L N~ ~i~~~
FORT PIERCE. RORI~A
th~ princip~t wm of
FI~1'Si~i THOUSAND NINE HUNDRED TEi~?Y
(s ~•s1,~ 30 ~ v~7, wi~~71Xm l10 ~~P! ~ t
at the ~~t~ of ~ p~r unt pN awwm on tM unpaid b~lsnce unHl p~id.
• ilw said princip~l and interest sMll b~ pay~bl~ ~t tM St. luci~ County 6snit. Fort
Pieres. Fiaid~, or at wd~ other plac~ as tM hold~r may d~sipnah in wrirtrg, aaW ;s
principd ro b~ p~id ~t th~ d•t~ Md in th~ mantw followirg: ~
~ R~Pa~bl , 000.00 p.~riar for s~wn ;r~ars, ~ooo~cin~ on. ~~r+ae~ dst.
and •~idal o~av¦ret of ~1~9~Q.00 ae th~ ~i~hth r~r rith nn in .r~~t.
of ~p~v~~nt vitt~ut o~nalt~r~h.r.!„r ~iwn
_ 1~1I8 t~p1'S IS PIOT r1SSIGNAHLE trOR d 1'~RIOD OF 1~REE (3) YFiARS ~fI1HOUT
1HE OOIISENT OF THE UNDF.iiSIGNEO.
If defauk be made ~n any installm~nt und~r thia no1~ snd if any wch default is not mads Qood w;thin 30 dap of th~ d~ts of said d~Ewh, tM ~rNir~
ar~r+upa! wm ud ~ccrued intenst aM(1 at onc~ becon?~ due «~d payabt~ withow notioe ar tM option of the Falder of tha ~oh. Failure ro exKCis~ this q
epr~on ~haN not cauriru» a w~iver of th~ ripht ro exsrcise tFM same in tM ~vent of ~ny wbs~quent d~fauh. in tM event of defwh in tiw paymMt of 3
rh~s rwse and if tM s~m~ is colkcted by ~n ~norney ~t law the underaptMd htc~by syrN to pay all cosq of collottion intiud~eg a naweNbM ~ttwn~y's ft~.
R i e ly ut r~t ~y Iq ~t 1, 1 1 f,
air S u~a~~ be~ ~~~~ty ~owlw ~er~/fts~/'in~~~sa~5t~l~(~~uin~ik /uri~~ t ~a a/iot~/r!-,
~dy ,~1~° ~ ~~lo.~t.~,,,~~ ~!«l~ +I~ ~ ~ ~ ~l~l~l I
Pnx~tmsnt and pro~~st and notioe u~ l+ar~by waiv~d. r J.
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r
aDDRESS
arrc~ snalt perfo~m, comply u~ith. an.d a~~ae dy esc ncf ei~j c~c~ xccNua~sc~wc~r,
a~reement~s, condition.~r and covenants vf sctid promisaory note and of this deed, then
th,r~s deed and the estate hereby creccted shall cease and be null and void.
.~2til the sctid JlTort~'c~~or hereby covenants and a~eesc:
.1. To pay all and sin~ular the principal a~ul interest and other sums oj money
payable by ui~tue oj said promissorJ note anrl th.is deed, or either, promptly on the
days respeetively the same severally come due.
S. To pay all and singular the taxes, assessments, levies, liabilities, ~bligations
and encumbrances oj every nature vn said described property ear.h and every, and
if tlae sam,e be not prnrnptly paaid the sctid Jlfort~iz~ee m,a~y act aeny ti~ne pa.y the gacme
urithout wair~ing or Offectin3s the option to foreclose or any ri~'ht hereunder, ared every
paymeret 8o made shalt bear interest frnm the dute thereof at the rctte of
per cent. per annurrc.
~'o pay al1 and ain~ular the costs, char~P.4 and expenses, includin~ law~er's
fees, reasonczbly incicrred or paid cr,t any tim,e by said .1lfort~a~ee becduse of the failure
on the part of tlie Said .JKortga~or to perforrn, comply with and abide by each and
every the stipulations, a~'reement,~, conditions and covenants of said prumissory note
and this deed, or either, ccnd every such paym,ent shccll bear interest from d.ate at the
rate of per cent. per annum.
To keep the buildin~ now or herearter on said land insured in a sum. no~
less than
Dollars, in a company or companie.a to
be apprnved by sctid .hsort~a~ee, and ~he policy or policies held by aru~ paycable to so,id
.hfort~dgee, and i.n the event any surri of monoy becomes payable under such polity or
polieies, the .hfortgm,¢ee sh~a,ll have the option to reeeive ccnd ~pply the 8ame on a.eeount
of tJce indebtednesa herehy secured or to persnit the .Mortga~or to receive and use it, or
any pacrt thereof, for other purposes, without thereby wctivin~ or impairin~ any equity
lien or right u~eder or by virtue of this mort~age, and ma,~ pla,ce and pay for such
iruurcince or ciny part thereof, unthout u~aivin~ or a,fJrectin~ the opti,on to foreclose or
any ri~ht hereunder, and each ctnd every 8ueh pa.~ment sha.ll bear interest frorn date
at the rcite of jc per ee~t. per ctnn.u~n. ~
a~ 1~t1 445
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