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HomeMy WebLinkAbout0761 ! ! I i , ~rn.uilrl u~u~u~a, lh~t if s~i~l .itcrt~s~;~or ~/tall j~aJ t~itt~~ t/rr,sai~l ;~lort~~rg~e ~ the certain. J~runti.surJ »ulr~, u~' trAirl~ t/ee j~illu~~•ii~~ i~t re~urcl, ~~nc! ~i~ures i.r a ti•t~e cupy, to wit: ~ I x 1,000.00 Fort Pierc~e, Florida. _19 ~1 Fcx valw ~eceived, 1, we or either of u~t pr ~0 to pay, without defalca~io~, b the order of lIARIO~N lk~lIR~ O~a A~ in Fon Pierce, Flarida, ths wm of ~=~oRlsaod aDd 00/100---•------..----.--.----------- DOIIARS with interesl from date at the nte of 8 'X per annum, in ~b1v instalmants ss follows, t~s'~~ o~ the ~.Z da of Y 1931_ and a iike sum ~ on fhe axre:por,ding day of ead~ tike suoceedin~ pe~iod thereafte~ ~~til the whole be fully paid, Eaeh i~W~4~wnt Rrst ~11 bs ~PP~ild in p~rnweH of 11N M~Nryt snd Men on 1M ur~.~sid b~lwio~ of ~M pN+tipal w~w. If d~fwN it w~+w th. p.ym.~ d.r~ inst.Mn«~t wMn du.. aw~ M+h. option of M. ho~da. «~d withow ~ny ahe. notio.. •p Me na~w+l~g insaM~+a slwU b~ du~ M+d p~yal~ at onc~. /rivilp~ i~ ~ivrn b p~y two w n~on instaMrwMS ~t ~ny tnN~ln~w n+~hrritr d~t~. but tNs sFwU nw ~x- ~d dr tiw~ of nn~ih ~ MY ~M insNMMnI. AMifMr /arb~+woo~. ear aco~Mana bp tl~ ho~ l~aoi ~fta awy d~feuN k~ anp P~Y~~ ~~on. ~!w{I b~ d~aw~d ~ct~ion. ~ E~eh wwlw, aun1Y ~nd Mdo~rnr Iwnof. oo7ntF~ and s~vKaNY: wsiws d~e~and, Pewnhiw~t. pro~t ~nd nolio~ of p~w~s~ Eor i n~nt. and hwtFwr +y~w~ b~r ~ct~xaioe of ttwr af payn»r~t. «tlw beion w ~fqr nrtwt~y. wi~houf notiu a aeqr d w: «+d b ~+N ; owts of coN~cNoq, inclu~r~0 ~ ~uo~~bN atlo?nhl'~ t» in th~ ~wra of aM defwh I~nwind~r. ~ad hK~lry ~we~~Uy w~iws all b~it of t honwtwd and ~x~enptbw und~r tA~ cartifWbn arw! I~ws of Mefi Stit~ oi t1~ U~W~d S~at~r. ~s ap~inat tl+i~ oblg+tian w any ~xlruion or netwal lwwf. Wi1n~ th~ hand r+d sNl of ~ad~ par+y. J~D ~i~~' Bs'tt~ J~an ~iindioa~ -(SEAI) i I o~rcl shall pPrjo~m, c~o»~ply trith u?rcl aLi~le bJ e~teh artd et~ery lhe stipulation3, a3sreements, eonditions and covcna~nts ef saic~ promissory note and of lhi.s deed, then this deed and tlte estute herebJ creuted shall cease and Le nr~ll and z•oid. .t~ttd the said ~~iortga~¢or hereby covenccnts and a~rees: i ~ •1. To p~1y ull nn~l cin~rcl~r l.hP prin-cipal nn~l int~'/P3t and nfltf~r stt»ts uj »toireJ ~ ~ /~ur~c:hle 1~t~ r~irtue ~?j s~ti~l pr~»tissnrt~ n~~t~ ~1n~1 this ~J~rd, ur ~ithe~r, pr~?ne~~tlr~ ~~ii t1tP ~ ii ~luJs respe~•tirely th~ sant~~ ser•~ruUJ e•ont~ clue. t ' I~ Tr? ~,ay ull ~i~r~! ,i~i6ular t/ic~ tux~s, crsses~~rr~nts. !er•i~•., li~rhiliti~~,. ~.r~li~uti~»tc ' ~ ~rnrl enertnafirctnces u~ rrerJ natttre c~n sui~l cl~sc•~ibPt! prop~rlJ e~l••h ancl er•rrry, vnd ! if the same be not prom~tly paid the scud ~~lortgag'ee n:ay a.t a~:J tinae pa.J the sanae ~ ' u~ithout trait~in~ or aJ~'ectin~ the option to forer.lose or any ri~ht hereu~rdE+r, and ei•ery pacyme~at so mcide shctll bear interest from the dccte thereof at t/ee rate of per cen t. per ctn n u m. _ j i~ ~ ~ ' 3. ?'o pay all and sin~sular the c•osts, c.hur7~-c nn~l F~xp~nses, iir~~liuling lai~•i~er',r i fees, reasondbly i~acurred or paid at any tinae by said ~'Ilortga~'ee Leca~cse of fhe failure ! ~i on the ~?art of thP scti.d Jliort~agor to perfornt, com.pl•J u•ifh a~r~l Qtll~IF bJ ea~lr a~r~i ~ ei~ery the stiprelations, a~reements, conditians and c~ot•ena~rts of ~ai~l prumis.sorr/ ~1otP i 4 and this deed, or either, und Ez~ery such payntent shall Lear iitferest ~rom date at t/rr ~ _ rate of per cent. per annum. ! i ~ Tn IiPPn Gj1P. httildrns n~~t~• ~~r h~r~rtjt~•r nn suid luir~l i?isr~rP~I in ii .r~~~: n~~t ~ lE:ss lle.anfull insur v . • ~ a~le alue , ~ ~'~IFXXife. cn a c~,nr.pu~r~~ ~•.?»rpc~n~F•s tn ~ ~ be approt~ed by s~id .r~tvrtgagee, and th.e polie~ or policies held by and payable to .scti~ I `.1~lort~agee, and in tlte event arcy sum of ntonoJ becomes payablP ~iiider srcch poliey or ( ~ ~ policies, the .'~Iort~a~ee shctll have the optior~ to receive a~ad upply tlie sa~ne un uccon.nt ! of the indebtedness /r~reby secr~red or to permit the .~ilortga~or to receivP und use it, or ~ ~ ( any part tliereoJ; for other purposes, wi'horet tIu•reby r~~aivin~' or inrpcciring anJ eq~eity lien or ri.ght under or by Lirtue of this mortga~e, and ntay place and J~aJ for sueh ' ~ insurance or any part thereof, without u~aivin~ or a~'ecting the optiv~a to foreclose or = any right hereunder, and each and every sueh paym,ent shall bear interest from date ~ at tir.a rute of ner eent. per annum. ~ , eoaK 194 .761 . _ . . _ - - _ - . - .