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Home My WebLink About1881 s 13: sru~ar. Florida. Jax:uary Z c 19 72 FOR_ ~l~p,~ CY~~V1V •~~K~L~ 1V V 1V 1V ~O~ ~~O ~CYt7 r IL. ~~LANKFN?C. HIP I1Vl 1~J J . : . . . . . . '~~i.rt~en ....ou~~?d. Dollar~ .and no/lOG . . . . at . B_ . . .2.25,.. .~t~.a~tr _ ~~oxida. .3.34~4... . . o: t~~h other place as the hoidet . . .~7 hereot m~T d~siga • ia wr tiaq, loptlh~r wlth int~r~s! trom dat~ a! =h~ rat~ ot S~G per ce~fum per annum on the unpaid balanc~ until m~luritT, h~ add priacipal aad ia shall b~ due ard payablc as follows: Payable in quarter~y p~yments o:,%.~•.t;. ~ 5~.~::r qua:~ter, the first payment being due Ma.y 1, 1972 and continue ior ch qua er thereatter until paid. The sum of ~64E. 35 , paid each quarter shall first credit to Interest e remainder to the Principal ~f this ~bligation. The note b~ repaicl Gt ar~y tiie ith~ut penalty. ~ . If defa~~lt M a~ade Ier ~~v dar~ is ~6e pa~aeat o( aar ia?tall_eet el P?incip~l r interest or anr p~rt Ipereof, the,~rtiole suen tAen remainin~ ~~~Daid rit6 intere~t aMll at 6slde~'~ optien 6~com~ dw aad Para?le vit6out wot~ce. Fa~lur~ o esercise such op~ion aAall not onatitut{: a~.aiver of ~Ae n~A1 lo esercis~ tAe suse is IM e~eet ef sul~pwwt /ehult Attrr waturily SotA principal ~nd accrued intrrcat sha1F Eear i er~st at per c~n~um per annus until pid. T6e e~a4ers ~wd ew~ersers el tAis aote IurtA~r ~ai~~ demand, eotice ol non-paymret and pr teat. t tA~s nute is eot paid al matunty and t?e •~me is placed ~rith an attor~~~ ler tollecden, tA~ ~akt~t •nd ~ndor~ers Ae~eot a~ree to yay all cost ol ollection, mcludm~ all court :ost• and re~~oeabl~ attora~r (eea. 11 ` ; ^ , 1; ~ , ~ e ~ Y . l'" ~ _;c?t~~•~.i 1SEALt inCet~t. I~1~ c~n ~ ~i~~ << . • , ~r' ~ (SEALI ~1lari~n P. ~itoran ~ _ . _ - . ISEALI I and shall duly, promptly and fully perform, d~scharge, execute, eftect, cumpietr, comply w~th and abide by each and e~•ery the stipulations, agreements, cond~tiurLS arid covenants of sxid prumis~ory note and ot thi~ mortgage, then .this mortgage and the estate hereby created sh:?11 cease and be null and void. . It understood that each of the words, "note," "mortgagoY' and "mortgagee" respecti~•ely and the pron- ouns refernng thereto, whether in the singular or plural anywhere in thls mortgage, ahali be aingular 3t one only and ~hall be plural jointl} and severally, it mure than one, and shall be mxssruline, fem~nine and/or neuter. wher- e~•er the context so implies or admits. And sajd Mortgagor for himself and his heirs, legal representatives, successors and assigns, hereby coven- ants ana agreea to and with said 1ltortgagee, his legnl representati~e9, successors and as9igns: i 3 1. To pay all and singular the principal and intereat and the vtirious and aundry suma of money payable by ~ virtue of said promisaory note, and thia mortgage, each and every, prompUy on the days respectively the same E severally become due. t ~ 2. To pay all and ainqular the taxes, assessments, levies, liabilities, obliRations and incumbrance~ o[ every g nature and kind now on said de~cnbed property, and %or that hemafter may be imposed, autfered, placed, le~~ed or asses~ed thereupon, andior that hereafter mxy be Irv~e~l or as~•cged upon this mortgage and~or the indebted- r ness secured hereby, each and every, when due and payable acrording to taw, before they become delinquent, ~ anct before any interest attaches or any penxlty iy mcurred; rind in so fnr as any thereot is of record the same $ shall be prompUy satisfied and dischar„ed of record and the on~inal officiat document (auch as, lor instance. ~ :he tau receipt or ihe satis[action paper officially en~iorsed or certif~ed? shall be placed in the hands of sa.id ~ :ltortRagee w~thin ten days next after payment; and in the even[ that any thereof is not so paid, satisf~ed and y discharged, said I?iortgagee may at any time pay the s:tme or an~ part thereof k-ithout wai~~ng or affecting any optiAn, lien, equ~ty or n~ht under or by ~~irtuP of th~s mortgaRe, ttnd [he full amount of each and e~~ery ' such payment shall be immediatPly due and ~~avabie :ind shal! bear intcrest from thr date thereof until paid ~ at the rate of ten per c~ nturn per annum xnd G~~;eth~~r K•~th such intereat shall be secured by the lien of ihi~ mortgage. ~ 3. To place and continuously kerp on the bu~ld~n~;s now or hernafter altuate on said land fire and a~ndstorm ~ ~ insurance in the usual standard policy form, in a sum n~~t le~s than i 1n auch com- pany or comp:•~i~1s ~s may be apprnved by sa~~l A1~~ri~;n~~~e: amt nll surh insur•nnce policies on any of snid build- ~ ings, any interest therein or part thereof, in the a~~n~~;ate sum aforPSaid or ~n exce9s therno[, shall contain the ~ usua) standard m~rt~agee ~lai~se mak~nR the I~~~s uc~i~•r said policies, each and every, payaUle to said 1ltortga- ~3 gee as his interest may appear, and cnch ar.d Pl'P:y su~ h p~~Gcy ahall be promptly deli~ered to and held by said ~ llfortgagee; and, not less than ten days in ad~•anre of the vxpiration of each policy, to deliver to snid btortRaRee a rene~val thereof, together w•ith a receipi t~r thP prPmium ~f ~nr•h r~newal; and there ahall bc no such insur- ance placed on an}• of .~aid buil+finKs, any interest th~rein or ~art lhereot, unles' in the form and with the losa papahle aA aforesaid: and in the e~•Pnt any sum of muney becomes payable under such policy or pc~ticies sa?d Mort~;a~ee shall ha~•e the opti~~n to r.~cei~'e and apply the sxmP on arcount of the indebtednes~ secured hereby or to pPrmit saiA Mort~a~or to re~ei~•P r?nd use 4t or any pnrt thereof tor other purroses without thereby waiWng f~ or impairinK ant~ equitv, lien or n~ht under or by ~•irtue of ttiis ntortgaRe: and in the event said 1?SortgaKor shall ~ for any rens+~~ fa~l t~ ke~p the ~ai~f pr•~m~s~•~ vn in~ur~d, or fail to deliver prompUy any ot said pol~cies of _ insurance to sa~d ~1~rtFaRF~e, ~r frtil promptl~~ t~ p:~p f~illy any premium therefor, or in sny re~pect [afl t~ per- form, d~schar~e, exe~•utP. ~ffect, com~lPte, comply w~th and abi~ie hy this covenant, or nnp part hereof, said ~tortg- - s~eP may placc~ am1 pay for such inaurance or xny part thPreof ~~ithout kai~ing or a[fecting any option. LPn, - equity or n~ht undrr ~r by rirtue uf this mort~a~e, an~! thr full amoi~nt af each and every auch payment shall ~ be immediately due and pa~•able nnd shall bPar inh rest fmm the date thereot untll paid at the rate o( ten per . centum per annum and togeth~r with such interest ahall be aecared by the lien ot thie mortga(;e. 4. To permlt, commit or sutfer no wa.gte, impairment or deteriotation of sald property or any part thereof. - .~-t ~ 6. To pey sll and ain~ular the co+ts, charRe~ snd expenses, inNuding reasonable lawyer'e teea and rwt ot ` abstracts ot title, lncurred or paid at any tlme by safd Mortgngee because and~or ln the event ot the tallure on the part ot the sald MortgaRor to duly, promptly and tully perform, dtacharge, ezecute, etfect. complete, '~~i comply with and sbide by each and every the stfpulation~, agreements, condiUona and covenanta ot snid promis- sory note, and this mortKaRe, any or either, wnd sxid costs, charges and expenaea, each and every, ahall be im- - mediately due and payable, whether or not there be not~ce, demnnd, attempt to coliect or ault pendln~: and the - tull amount of each and r ery ~uch pe~Tnent ahall bear interest trom the date. thereof untU pt~ld at the rate ot ~ ten per centum per annum: and all aafd ca~te, charges and expense~ so tncurred or peld, together w~ith eucA fa- ` tereat, ~hall be secured by the lien ot Ws mortgage. aoo~.1~9 r~~-1~SO - - ~ ;