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t.~eat if so,id Jlfort~a~or sha~ll plZ.~y u.»to th~ said Jlfort~a~ee {
~u'tdpd ~lu~a~,~.
the certatn prnmi.csor~ notr., of wh_r,ch t~lie follou~i.nn~ i~t wo~s and fr~~ares is a. tr:ce copy, (
I to toit: ~
4~a~ 1, 19~~ SZ5, COC, OC~
.
Fc~R \~Ai.UL RECEIVED I jotntly and ~everally, promise to psy to the osder t
he sum of Twen •Five Thousan~ and tioi lOC•- ~25 000. 00 ~
. of Brown Propertiss. Iac. , t ty ( . 1
•-Dolla:a, said payment: to be made in the follavving msnner, to•wit:
Payable in five equal instsllments of ~5.000. 00 plus interest at b'~~.
o~a the outstanding principsl balsace remaining unpaid irom time to
time. ~'iret inatallmeni payable May 1, 1972 and ~?nnuilly th~re~?fter
an May 1 of each year unKl paid. T'ayable in full at any time without
penalty u~ith inttre~t to date of payzr.ent.
It a~rec~ ~y the n.aker and aadorser of this note that the time of paymeat syall
be the e~ ~er.: e i~ereof, an~ that upon the failure or d~fault to paY a?ny part or instsllmeat
of t:~is note or. the date or ci.~'tes as heretofore apecified. whetAer psincipal or intereat
when due, su~ h default shall at the option of the pzyee or legsl holder of this note cause
tDe iuli an:ou~t of the principal ~n3 interest unpaid ta fall due on Fuch default as ii the
full nrrc~unt ~Ka been ~~:a'e payable on su:.h ~ate.
~ r.,~ it is f4:ther ~c,r: ed t;~at should said nate L~e placed in the han~s ,~f an attornty _
for c:l.'.;':1:~P< o_.er ?T ~iti12'1:~' ~Y' afLC2' aefault t-.as been ^:3:~C d~ 8~t~:E8a1o. ~1i:lcl' ~f ~18~
~hether : o's:t r, sLrrty o. en~ orGer, arrees aad pr~zr.i: e to ~ay atl cost of s,ich ~olleciion
iaclu~:r.~ reos.~r.a~le att~rr~~~-'~ fees.
Lewis b? ~urrance Fruit "o.. Inc.
~LTF 1 e,~ri~- ~y:
Its Presider.t
~ .'.Ltest:
~
1
_ ~ . . ~ : ~ j s Secretary - Trea^urer
and shall perfo~m, comply u~ith and abide by e~eh and every the atipulations,
agreement,s, cond,itiona cLnal coaenant~ of said prn~nisaory note acnd of t,Jus deed, tJl.en
thi~ d~eed cind th,e estate hereby cnea.ted ahall cease and be nzcll cuid void.
,~ti~1 the sa,ic~ .lfortgagor heneby covena,nts and a~eea: .
.1. To pay a11 and sinjular the prin-cipal anci intere.at and oth-er suma of nwney
i payable by iri.rtue oj said pmmiasory note a».d th.i.s deed, o~ eith-er, prom.ptly on the
; days respectively the. sQme seve,rally eom•e du~e.
!
# Q. To pay all and sin~~ular th.e tatea, assess~rcents, letries, liabilit.i.es, obli~ations
~ Qnd encumbrancea of every nature on said described property each and every, and
~ if the sd~ne be not prnrn.ptly paid tiu sa~id .hfort~ci~,ree may at cLr~y tim,e pcLy the sccm,e
~ raithout uxtiving or a~fectin~ th~e option to foreclose or a,ny ri~ht heneunder, a.nd er~ery
paym,ent so mo,de shull bectr i~.tenest front tau date th,ereof o,t the ra,te of
per cent. per annu~n.
~ 7'o pay aI1 and ain~ular tlu costs, char~es and expe»ses. includin~ lawyer'a
~ fees, reasonacbly incurred or pccid cr,t a,ny tim,e by auid .1Kort~a~ee becacuse of th,e facilure
on ~he pcLrt of the said .1Kartga~or to perform, comply with and abide by each and
~ every the 8tipt~.la.tiona, a~!reementa, condition8 and covenan.ts of 8aid prti~rciaaory note
a.nd ~his deed, or eith,er, a,~cd er~ery such pa,~/ment sho,ll bectr intereat frnnt date a,t the
~ ra,t,e of per cent. per a,nnu.m.
~ To keep the buiidin~ now or hereafter on aaid land insured in a sum not
less t~han
~
~ Dollara. in a company or companiea to
~ bt approved by ~a,id .hfort~a~ee, a,nd ~he polic~,/ or policies held by and pa~rrbl~e to aaid
~ .JKort~d~ee, and in the event ctn~ sum of ~nonoy becontes payabl,~ under su~eh polic~ or
~ policies, the .~fort~a~ee 8hall hava the option to receive ar,nd ~ppl~/ t~he ~a~n,e on a~ccount
~ of the indebtealrie8a hereby aecured or to ptrn~.it th~ .1Kort~a~'or to rP.eeive aa~d uae it, or
~ an~ part th.ereof, for oth.er pwrposea, witaiout thereb~ uxuvin~ or i~npciirin~ a~.i/ ~9~i1
~ lien or ri~sht under or by virtue of tiua mortga¢e, and ma~ pla,ce ar,~d pcc for accclc
~ inaur+a.nce or a,ny part thereof, witaiout uxr~ivin~ or affectin~ the option to orecloae or
~ any ri~'ht h,eneunder, oatd eacch ct~d ev~ auch pu~~nent ahall bea~r interest fr+v~n date
~ a~t the ncte of per cent. par annu,~n.
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