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HomeMy WebLinkAbout2101 ~ S E~ ~ ~ . . _ _ STUAR?. Florida. ~ ~ . ~Q~.~XA.~'1' 19 ~ ~ „ FOR VA.I ~~8L1V LIVL LA~~,171~1Y ~l~ r3lftGt'G~1~ 1~O~I7Li1V~ Y~7IShW1Iet` ot ~ ' t~ . . . _ ~ Si~ ~'houd~nd . Three Hundr~d mllars ~nd. no%~OQ- ~ - DOLLARS. _ _ _ :JO River View. DrlvB,_ ~sn.sen . . Finrida._33457 ~y . o::~~~ oiher place !he holder hrreo! ma~ d~signsf~ in writiAq, to9eih~r ~rith ' er~s! irom dale a! !~e rate oi ~~C pe: teniam per annum on the unpaid ~ ralanc~ uniil maturilT. Th~ said principal aad ' leres! shall b~ due and payable as lollows: ~ ti $191, 68 a mcmth, the first pqyrr,~.t b~irfg 3ue ~ne month from date, and continue y for ea~h month thereatter until paid This sum , 1. 68 paid each month shall first be cr~lfted to interest and the remain~::.:.• th- t~~ :cipal of this obliqation. 'This not . map be prepaid at any tlme without panalty. ~ ` - 11 de(ault b~ a~~de for dafa ia t`e pa~eet of aey iaftalleent o1 Princip~! or interesl ur y part t6e~eo1. thc ~tiei~ ~um lAen rema~ain~ ~:npaid v~th ~~te~est •hall at 6older'• option Aecoax due anA Parasle ~ritl~out eoLCe. Failu?e lo eaercise n~cA optien sAall not conatituteA~.siver ol tAe fl r~sAt te estrc.ae tAe ~me ie the e~cnt ol •~Aseauest ~e(ault. Atte? saturity bot6 pnn:ipal aed accrued ~M..est aA~i! Arar intereat at prr c.ntum (5j v~r annum uatil paid. Th~ makers and ewdorser• of tA:~ aote IuvtAer ~uve demand, aot~ce of non•paymtat and protest. U t~~s eote :s not paid ~t r~.•tur~ty ~nd t6e •ame is placed r~tF. ~ atiorae~ for collection, the m~kera and endorsers Acteo( a~r~e to par aA ~uats o! cnlltcL~n, mtludin~ all courl iy co~t~ and re~sonable a:turaey feea. ' il 7 ~ ~ ~i ~`7/T'~~Ywil~~ ~ ~~(i LSS//Yb- (SEAL! ~ ~°SZ?~' ~'1."C.'' _ ~Ll?~.; ~I:: .~y~zy ~ F~f~~~ Pa~ss,~w ; ~i ~'-ary C~c~Iia :~russu:g (SEAL? ~ _ . _ . . _ ISEAL? : _ _ : ~ i ~ s and shall duly, promptly and fully perform, d~scharge, exccute, effect, complete, comply w~tt~ and abide by each ~ and erery lhe stipu:suons, agreements, cond?tions and covenants nf said prom,ssory note and of this mortgage. then this morigage and the esiate hereby created sh:ill cease and be nWl and ~•oid. ~ f It is understood that each of the wor~is, "note." "morigagor" and "mangxgee" respecti~~ely and the pron- ~ ouns refernng thereto, v~hether in the singeilar or plural anyxhere in thla mortgage, shall be s~ngular if one only a and ahal! be plural jointly~ and se~•erally, if more thsn one, and shall be magculine, feminine and/or neuter, v?her- f e~•er Lhe context so implies or admits. ~ And said Morigagor for himself and his heirs, Iega! representati~•es, successors and assigns, hereby rnven- ants ana sgrees to and w~ih said biortgagee, his legnl representatives, successors and assigns: 1. To pay all and singular the principal and intereat and the varioue and aundry sums of money payable b~ . virtue of aaid proa?issory aote, and this mortgage, each and every, pmmpUy on the days respectively the same aeverally become due. e 2. To pay atl and singuiar the txxes, asse~sments, le~•ies, lisbilities, obliRations and incumbrance9 ot e~~ery ~ nsture and kind now on said descnbed pro~erty, and~or that hereafier may be imposed, auffered, placed, le~~ed or assessed thereupon, andror that hereafter may be lev,ed or as.~ssed upon this mortgage and%or the indeDted- ness secured hereby, esch and e~•er~•, N hen due and ~ayable accordinR to law, before they become delinquent, ~ and before any interest attaches or any penxlty 1s incurred; and in so far as anv thereot is of record the same ; shall be prumptty satisfied and discharged of record and ihe onginal otflcial document ~such as, for uistance, ;.he tax receipt or the satisfaction paper officialiy en~iorsed ~Pr~if~ed~ shall be placed in the hands of said Mortgagee v?Zthin ten days next after payment; and in the e~~ent ihat any ther~e.if is not so p3id, satisfied end discharged, said I?lortga~ee may at any Ume pay the s:?n~e or any part therenf Mithout wait-ing or affecting any option, lien, equity or r~ght under or b}• ~•~rti~P of this mortgaqe, and the full amount of e~ch and every such payment shall be immediatelv due and pa)•able and chall bear interest from ihr date thereot until paid at the rate of ten per centurn per annum and t~~~e:hFr w~th such inierest shall be secured by the lien of this mortgage. 3. To place and continuouslp ke~p on the bwidin;;s now or hereafter attuate on said land fire and wlndstorm insurance in the usual standard polic~• form, in a~vm not less than S - in such com- pany or cornprzies as ma}• be appro~•ed b} sa;d 1linrt~arce; and aii such insur~nce policies on sny ot ~sid build- ings, any interest therein or part thereof, in the a~~re~;a:e sum aforesaid or in excess thereof, ~hall coniain the usual standard mort~agee clause makmR the I~~~s ur.drr sa~d policies, earh and even, payable to sald Mortga- gee ~c his interest ma~• appear, sn•~ each a.^.d ei•e; t• c~~~ h pnlicy shall be promptly deiivered to and held by said ` Mortgagee; and, nat less than ten days in ad~•an~e of the expirat~on ot each polic~, to deliver to snid 1?SortgaRee s a rene~ra] thereof, toRether v~•ith a receipt f~r thP prem~um nf su~A rPnewal: ar~d there shall be no sach irLeur- ance placed on an~ of caid buildinRa, any irterest therein or part thereot, unles~ in the form end with ihe loss pa}•able as aforesaid; and in the e~•rnt any sum of money become~ payabl~ under such poltcy or policies said ' 14:artKa~ee shali ha~'e the npti~~n to receire and apply the same on account of the indebtednes~ Secured hereby or to permit sa:d 4iortr~e~or .o recei~•e and uce it or any pnri thereot for other purFwses without thereby v~a~~~ng or impairing an}• eqvity, lien or r,~ht under or by ~•irtue of this mortgage; nnd in Lhe e~~ent said Mortgagor shall $ !or anp reason fail to keep the said prem~v~s so in~ur~d, or fail to deli~•er promptly anv of s8id policies of insurance to said DtortgaRee, or fail promptly to p~~ ftilly any premium therefor, or in any respect tail to per- form. d?achar~e, execufe, effPri, complete, comply ti?zih and abide by thie co~•enant, or an~ part hereof, aaid 11Sortg- a~er may place nnd pa~ for such insun?nce or any part thereot without waiving or atfecting any optioa, lien, equity or nght under or br ~•irtue of this mort~age, and the fuil amount of each and every aach psyment shall ~ be immediately due and pa~•abie and shaU bear intPrest irom the date therc~of until paid at the rate of ten per ~ centum per annum and together with such interest shall be aecured by the lien of this mortga~e. 4. To permit, commit or sulfer no w•aste, impairment or deterioration of aaid pmperty or any part thereof. 6. To pay all and aingular the co~ts, charge~ and eapenses, inc;uding resaonable lawyer's fees and cwt ot abstracta ol title, incurred or paid at arty time by satd Mortgagee because and %or in the event of the faflure on the part of the said MortgaRor to duly, promptly and fully perform. dincharge, ea[ecute, etfect, complete, cumply v~~th and abide by each and every the stiputationa, agreementa, condiUona and oovenants of said promis- ; sory note, and thi~ mortRage, any or either, and said costs, chargea snd expensea, each and every, ehall be Im- mediately due and payable, whether or not thece be notice, demand, sttempt to colltct or suft pending: and the fuli amount of each and every auch ps~vment ehail bear interesi from the date thereof until paid at the rste o! ten per centum per annum; and all eald caets, charges end expeaees so iacurnd or paid, Logether wiih eucb !n- • tereat~ ~he11 be eecured by the Ilen of this mortgage. ~9t'K1i~~ P~SF~V~