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HomeMy WebLinkAbout0624 ~ s --BS.. 3.0_...00 - - sroRar. F'lo:ida. ........_...P ~ S~ t~i~~! Z7 19 71, . ~ ~ FOR VALUE AECEIVED, tb~ undersiyned. joinilT and s~~~rally. PROMISE 'I'O PAY to !h~ ord~r ol.... ~ ~ .~l1Lt~~i _F~BC'M,_...Sac.uai~.~... . . . . . . . ; . _ liiqhty. E1Y.a...Tb.ou~~nd...Th~~e Hur~d~Rd. #~aQ. QQ11~0-~---- -l•.••~---~-~~ _ DOLLRRS. } . . _ . ~ ai 549...kan .haa~si~e.n...~nk...~uild.ita9~....~~~.~..a_..~~..Q,T.~~_ . or wch othsr place as the hotder ' . t~ereoi maT d~siga~i~ in wriling. lo~eth~r with inter~st iroiu date at !hR rate of 7 ~ per centum per annum on !he unpaid t balanc~ unLil mafuritt. Th~ sdd principal and interest shall bo due and payable as follows: ~ principal paym~nt ot ~2~,433.~3 on ch~ Z7th day ot i~pt~aD~s 3972, to- ~ g~th~r vith int~r~~t th~n d~o~ • principal paya~~t oi i28,~93.~3 on th~ 27th diy of S~pt~,ab~s, 19~3, toq~th~r ~ith int~r~~t th~n du~t and a , j tinal principal payMnt o! i28,433.3~ on th~ 27lh day ot 8~pt~mbis, 1974, tog~th~t with fnt~t~~t lh~n dw. Thi• aot• arsy b~ prapaid in lull at any ti~ vithout p~nalty or ~aay b~ pr~p~id in part at any ti~ att~s January 1. 1972 withouL c~alty. I( det~ult b~ sade I~r dar~ ip t6e paymtnt of ~er iastali~ent of ~rincipd or felere~t or aor p.~~ LAercol, t6e vSole wm t6en remainie~ , uep~ ril? inter~st ~hall ~t Velder ~ oplien become due and yayable ~itAout eotice_ Faiture to eaerciae sucA op~ion sAa)! no! constitut ~rairer e1 tAe ri~A! to e:ercia t6e sank ia the evicet o( •usseaueet de(autt. Alter mawrily bot6 prin;ipal and accru~d intr~~st aA.ll b...r intcrest at prr ce~tum ~ ver annue~ uwtii paid. The makero and endorscrs of tAis eotr lurther vaire demind, aotire ot non-payment and p~ute?1. If th:s noSe a not paid ~t m~turitr and tA• ~ame i• placed rit~ an attoraer lor collection, ihe ~saken and endo~arr~ hereo~ a~~ee to pay all coats ot collection, includin~ a11 court costs •nd re~sooablt atteraer te~~. . . sA~ i~1~LisVYw RIf~~ ~i~ViL~Y~ ~~r~ , i sy' s/ ~1u~tin H. Kiplinger _ cseRC.i i (Cotporat• S~al) ~?uatin H. Kiplinq~r, Ps~~id~nt ~ Ati~:t: (SEALi ~ ~ aj Irvin A. Brooke _ _ . . . 1SEAL) ~ V x ~ . . r . _ . . . . . . ~ ~ ~ and shall duly, promptiy and fuily perform, d~schar~e, exrcutP, eftert, con~pletF, ~•omply wiih and ab~de by each and e~~ery the stlpu;auuns, Sg['eett~ents, rondei~o:is and co~•enants of s:ud ~~rum,ssory nute and o[ ttua mortgage, ' then this mortgage and ihe estate hereby created sh:?Il cease and be nWl anu ~ad. s ~ It ?s understi~ that eacA ot the H•or1a, "note." "mort~;ager" end "m~rt~~~;ee" respecti~'ely and the pron- i ~ v::,-.a referring thereto, H•hether ?n the sin~~lar or piiirll any~here in this mc~rtRage, sha11 be singuiar if one only ~ and sh:.ll be plura! joirUy and srverall}•, t[ mur~ thnn one, And sh:~ll tae mrigculine, (em~nine and ~or neuter, wher- ~ e~~er the conlext so imghes or admits. : ~ And said Mortgagor for himse{f and his he;rs. Iegal representati~-es,• succe~sar~ and assigns, hereby coven- ' snta ana agrees to and K1L~1 said 1ltortbagee, h~s IPgAI rPple4Ql1(3U1'f9, sucr~•33(lf3 A711~ 8391~,I19: v ~ 1. To pay all and singular the pnncipal and interest and [he vnrious and sundry sums of money psyable by ~ virtue of said promissory note, and thia mortgage, each and e~•ery, prampUy on the days rnspect?vely the same ~ aevera;ly become due. rs 2- To pay all and sinRular the taxes, assessmcnts, Ie~•ic~. 1~ab11iiie3, oblikations and incumbrancea o[ e~•ery 3 nature and kind now on said descnbed prop~rty, and ~~r that her~aftrr mav be impnsed, qufferwf, placed, le~•~ed ' or assessed thereupon, and or that hereafter m:ty br l~~v~e~ ~~r ~s~~~sed upon this mortgaRe and or the indebted- ness secured hereby, each and e~ er~•, ~a•hen due and r.ty:tbie acror~t~nk Lo law, bPfure theV become deAnquent, ~ and b.~fore an}' interest attarhes or an~• prnalty i. ~r.currr.f; an~l :n so far xs an~ ihereot is of record the same t shali be promptlv sahsfied and d:s~~hsr;;rd of reroni :uid the on~;~nal offic~at d~cument laurh as, for iiistance, - ihP ta?c recr~pt er 'he saUsfarL•on ~~:?~iPr offic:ally eni~~r~~d or certif:Fd~ shAll be placec~ tn the hands of said _ ~iortga~ee w~thtn ten da~•s n~ xt aft.~r raymrttt: and in the e~~ent that anp thereof is not so pai~, satisfled and s discharRed, said ~1~~rt~aGer may at any t~mP pay the s:i~n~• ur anp E~art therent ~rilhuut u•ai~-in~ or affrcLng = ar.~ ~ption. IiFn, equ:.p or n~ht ur;,i.~r nr b~• ~tr:~~~~ nf th:, mnrt~;a~;~•, Kn~i thr f~~ll amount of each and e~•ery surh pa~•ment ~haii be ~mmc~~i:at~~l~ ~iu~~ an,1 F~:~p.~h;~ nn,1 sh:itl bear inter~~~; frnm the Jx:e thereof until paid 3 at Lhe ra;e of te-n per c~~nlurn r &anum an,1 t~.~;~r; h•~r w•ilh su~•h ~ntereyt shail be se~~ured Dy the lien of tAis morts;3Re. ~ 3. To place and contin:i~,a:l~• ke~p on thP b~s.:~f.;i ;s n~~w or hemafter situate on said ]and fire and k~indstorm ~ insurance ~n the u~ual _:tan~9ar~1 ~~~1i~•~' f~:rn:, tn a~~i~r. n~~t lesv ihan i~ighest 1riSt1Y'~1~~, in s ch com- = pan}• or conit~~ ; 1s n:ac b~~ appr~~cr,i h~• ~:t:.l ~i~~r•::~_ ~ e. an i r,11 :u~ h insur.tim•e pnlir.es on any ot srud bu:ld- ings, a~y intNrest there~n or E~xrt thereof. :rt thr a~:,n~,:,ce aum afnrP=a~d ar in excess there~if, shall conta?n the usu~l a?an~tar,l n;;,rt:;aKPN ~ 1aus,~ n~ak,n~ tt i~ 1, .5 ur :{,~r 3rti:1 ~ul~rtc~y, carh ami e~-erti. pa}•able to said 1?iortga- ` ~ee :i~ h~s intPres: :::s~: app~ ar, ar..: ~•ri~ h,i:.:: c.:, h~~d~~•} ?hall bc- pr~:::F,tty d~~li~•ercd to nn3 held by saed ~fortka~~~e; er.d. nnt l~=s than ten ~tavs in a~i: arr• e nf tt:e .~ar~rat~~~n of ea~h Ex,L~-y, to de]i~•er to ~xtd blortRa~ee - a renr:cal thereuf. t~~~ether t~~~th fl rerP~t:4 fnr th~~ ~~rNmn~m ~~f ~u •h r•~n~wrtl: an~f thPre shall bc no such insur- an~~~ F~IacNd on an~• «f >aid ~ci~t.lir.t;~. :iny ~nte~r~ st ;r~~~r~~:n «r ~.~rf ther+~of, un)c+s in the form and v~~th the I~se } pa~•ahle as a:ore~a~+1: and ~n the ee~nt :in~• sum ~~f tn~m.~~• b.rnmes {~ayablP under s~ich pulicy or F+olicie~ sa~d M~irtRa~;ee shall ha~~P the n1~t;~~n to r.~re~~~ and ~+~E~!~~ t~•e ~.~m~• ~,n a~~~uunt of the indeDtedr.rs~ se:ure~} hereby or = Lo n,~~nut si.,1 ~tnrt~A~~~r t~ r~~~~e~~-r an:i ~i~t- '.t ar ~n~• n~rt them~~f f~ir other pur~,oses v?•~thout thereb~ w•R~~'ing or ~mFx~nn~; anr e+~u~tv. lien nr r.~ht un~t~ r+ir by rsrtuP ~f .f~» m~~rt~;~fie: 8nd ~n the e~~ent said btortKaKor shalt for ar~• r~•a.;~•n fa~l tn k~~~~+ tt:r ~.t::i nr•~r.~:Q,•~ sn ;r,=~~r~~i, nr fa~1 fo ifeliver pri~mpUy ant• of said ~lic~es ot tn~ur:+n~P !n s..;,? ~.,~~rt~;~te• P. nr faii ~~rnm;~U~• t~ t~ [~tiiy ~n}• prcmium th~rFfnr, or in sny respect taii t~ per- - _ torm. ~l~~rhar~~. ex~ru;~~. .~ff~~~t, ct~m~?F,P. ~-urnF•!y :+:th an~~ At~:•~.~ ~t' Chi9 C~~~'Pi13RC, Of M~' ~~art hercut, ~ai~i ~1for!g- - n~er rr,ay i~iar. nn~1 F~a~• ;•~r .nch ;n+;irance or :+n~• ~nT! t?;~rPuf ~ti•~thrn~t w•ai~•ui~ .ir xfferttin~ anv opt,~,n. ti~n, ~ equ~ty or r.cht u:~.irr ~~r b~• c.rtue th:s :nnr!kay~~ :t~ .i th~• full :tirr.ounf n[ Na~ h and ever~ auch pwt•mrnt shalt be immed~a!Fty rj~j,~ an~! parable ARiI ahAII EN'R! ~n~.~r~.t from the rlete thrr~of untii paid at the rate of ten per cenLum per annvm an~i tuk~th~r w•~th vuc•h Intere~t st:al] be a~cured by th~ 1?en of thle mortgaFe. g 4. To permlt, c~~mrn:t nr a,~ffer no w•a~;e, ~r.~;~~,t;rmrnt or deierioration t+t satd property or any part thereof. , 6. To pay ell and sm~ular tl:~ ~o~ta, rhar~;~~s and ~xp~nycs, in~lud~nR reaaonaDie IAU-yere fee~ and c.~.st of abstracts ot tiile, in~urrN.1 ~r ~~ai~i at any ti;r:e b}• v:iid rtnrt~a~;ce be~ause~ end or in the eti•ent of the fallure _ on ihP part of the sa~d lf~irtKak~.r to dulc. nrun~ntl~• and tull~ nertorm, di~charK~, execute, etfect, compiete, compiy wtith and ab:dP by eaeh and e~~Pry the ytinulahuna, a~reement~. conditf~n~ anA co~~enanta of ~tsd pmml~- eory n~te, and thi~ mortKa~;e, any ar PithNr, ar~~} 4at.2 ~~~~t~, char~es anQ expense~, ench and every, ahail be lm- mMiately due xn~i pa}•ab;e, w•he:her ~r not thrrr he not,ce, d~~mnnd. ett~mpt to collect or sult pendin~: anA the ~ full amount ot e~ach anA even• +ui•h pa}•mPnt shnti hear ~ntere,t from the date thereof untU pa!d at thP rate ot _ ten per centum ~r annum: and all ea1A cu~t~, charkea snd r.*_~er?ee~ eo lncurred or pd1d, together w-ith auch !n- tercet, shall be eecured Dy the Ifen of thla mor:gage. = ~:`:~1~f ~24 ~~y-~ _