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HomeMy WebLinkAbout2232 : ti~. ti+,.~:~'ri~h'-~~i~~rT~k'h'~}i~v3~~~:~3vvtir}~+}vti~v~:~vvCw {•.:r?+ ti•v~w~'w~ti <•~i~~~•vv{w-ti~Svvvtihrin}~Y~?~: }~vvvti•~'»:~`.:. S.M 15, OQ_Q.._QQ_ . 57UART, Fiorida, ._.....Feh~'ua_ry 19..7.2. •i - FOR VAIUE RECEIVED, the undersigned, joinily and severally, PROMISE TO PAY to the or.der of .--11Q.I~k~__~OU~lI2_.N.ATIQT.IA~..._RAN.K_,._.a_..Uui.~~.~~.~.~t~es._I3at~kin~._C~rRszrax.is~n---------------------------- - - - ._.~~_~t_~~n__Thuusaud.._a.~~._ufll_140-.-~ ~~~-~-~.---.---.-._---.--_--...--_---.-~o~~?ks, : at .~Rb~___S.Q~lil.d.,._F~Qr~.de.___...___.~._ . _ _ . . _ . .or such other place as the hold~r hereof may desig~ate in w~iting, togethe~ with interest from date at the rate of ..7.~__._ per centum per annum on the unpaid balance until maturity. The said p~inc;pal and interest shall be due and payable as follows : :i ~i20.90 a mon~h, the first payment being due one month from date, and i:continue for each month thereafter until paid. This sume of $120.90 paid ::each raonth shall first be credited to interest and the remainder to the principal of this obligation. This note will be completely paid with 290 : monthly payments of $120.90 unless sooner prepaid. This note may be 4: prepaid at any time without penalty. .t •1 ,i ....~~1 d~Y~ in tM o~Y~^I of MY in~t~l4n~nt Ot printip~l or interqt or ~ny p~~t tMr~o/, IM wl+ol~ ~~m ~ben etma:n.n~ ~t U def~~u b~ ~+•d~ fa ~no~~d w,M ~m~~e~~ ~M~1 q lald~r'~ oo~~~ b~com~ dw ~nd p~v~bl~ w~~hov~ na~c•. f•~iw~ ~o •aerus~ •ucA op~ion sMll not to~UVuN • ws,wr of ~M .~qnt i ro•at.c~s~ th~ ~n~ :n rM ~wnt sl wapwn~ d~lau~~. Al~~r n++twiry borh princ:p~l ~nd ~cawd im~~pl ~MII b~n i~nrNt N lU ptr c~nwm Wr ~~+nun+ ~ rm~i p~~d. TM rn~ka~ ~nd ~ndw~~n ef Nw~ ew~~ fwuw~ w~~w da~ued. 11011C~ OI 110f1'MYTMt ~nd WoqN. If ~AC~ no~~ i~ ne~ o~~d ~t matway ~nd ~M aHn~ •i ~ pbcN vriM ~w N~orn~y fM oelMCtia4 Nr ~wkN~ ~nd ~ndorwn A~nof ~Y?» to V~Y ~1 co~b of csl~t~w~. includinp ~It cewt twt~ N+d naon~bM u~orn~y ~ C & D CONTRACTORS, Inc. • By S ~ Its President . ~j( • . - o er . y, n ivi ua y yl . aro~yn J. Coy, Individua 1~ y- - t Irvin Degge er, Individua y ~~ve yn Deggel~er, Indivi ualfy and sh:ill duly, promptly and fully perform, dischar~;e, executP, ef[ect, completo, comply w~th and abide by each nnd e~•erv the st~puIations, agrerments, conJ~Uui?s :?nd covenants ot said pruin~ssory note and ot thia mortgage~ then this mortgage and the estate hereby creatE~i shaU cease and t,e null and void, t It is understocxi that each ot the words, "note." "mort~agor" nnd "mortRagee" respecti~•ely and the pron- ouns referring thereto, whethcr in the sin~iier or plural anywhcre in lhia mortgage, ahali be singular It one only and shali be plural ~oinUy and se~~ernlly, ~t mure tht?n one, and eh:ill be mn.9cul~ne, fem~nine and/or neuter. whec- ever the context so implies or admits. And sald 1lfortgagor for hjmsell and his he:rw, legal representetives, successor~ an3 assigne. hereby coven- ~ ~ snt~ ana agrees to and with eaid Dlortbagee, h~s I~gnl representatives, successore and esgigns: ~ 1. To pay ell e?nd aingular the principal and intcrest and the various and aundry aums of money payable by t virtue of said promissory note, and this inortgage, each and every. promptly on the days respectively the same ! aeverally become due. E 2. To pay all and sinRular the tvices, a~=scs~ments, Ievies, liabilities, obli~ation~ tu?d incumbrances o! every nature and kind no~v on said descnbed pro~ riy, xnd/or that hereatter may be imposed, eutfered, placed, Ir.~~ied ~ or accessed thereupon, and/or that hercafter ruxy be ir~~ed or ass~•ssc~l upon this mortgaKe and/or the ~ndebte~l- ~ nf•sc aecured her~by, each and e~•ery. ~~•hen due :?n~i E.:~;able acconl?n~ to law, be[ore they become de)inquent~ nnd b~•fore nny inlerest attaches or any penxlty iv incurred; anJ in so far as any thereot is o[ record the same € shall be promptly satisfied and d~schnr„rd of r~~cord and the on~inal otf~cial document (such as, [or ins[ance, $ th~ tax receipt or the satiataction paper o~fics:?!ly emiorscd or ceriif~edl ahall be placed In the hnnd~ of stid ~ ~inrt};a~ee K~thin ten days next atter payment: nnd in the event that any thereot es not so paid, satisGed and ~ dischar~ed, said Di~rt~a~ee niay at any lime pay the s:.n?e or any part thereo[ without Mai~•ino or a[feciing ~ any optien, lien, rquity or right under or by ~~iri~:~ of this mortgage, snd the tult amount of each and every # ~ such payment ehall be immediately due and payab~e and ~hall bear interest from the date thereo[ until paid s at the rate of ten per centurn per annum and to~e.her with such interest ahall be aecured by the lien of thie ' ~ mortgage. ~ ~ 3. To place and continuously ke~p on the Auildin~a now or hereafter attuate on said land fire and Mindstorm ~ ~ ~ insurance fn the uQual standard policy f~rm, in a cum n~t less than = ...............Maximum ~n aucfi com- _ ~ pany or coma~~i~s as may be appro~~~•~i ny c1:~1 ~i~~rt~;a~~•e: and all such insurance po3icies on nny o! awid build- ~ inhs, any intPrest therein or pari thereof, in the a~~~: ~;:~te qum a(or~aaid or in exceas thereof, shall contnin tha usual siandar~i mnrt~a~~e ~lause mak,n~ th~~ 1~~~9 ur.~i~•r s:ud polecies, ea~h and evcry, payable to snid binrtka- ~ ~ ~ee a~ hi9 ~nterest may appear, and ~ach nr.d ~•~•~~ry su~•h p~~l~cy shall be promptly deli~ered to and held hy said ~ D1ort~;ag~•e: ar:d, not less than ten days :n adr~nre of the expiration o[ each policy, to deliver to snid Dtort~n~ee ~ a ren~:~•al thereof, tof;ether w•ith a receipt fnr thP pr~mium of anoh r~aewal; and therc ~hnll be no such insur- ~ anc~• placed on any ot aaid bwldin~;s. :uiy ini~•rest th~r~in or pnrt thereof, unleas in the torm and with the l~s~ ~ pa~•~ble as atoresaid: nnd in the e~•Pnt :any si~m of muney becomes payable under auch policy or (x>liciea said riort~;a~ee shall ha~~e the optinn lo reeeive and :?pply the same on account ot the indebtednesa secure~l hereby or - to p.•sinit sa~d ~tort~a~or to re~eiv~ :?nd nse it or any part thereot for other purrwses without thereby wai~ing = or ~mpa~rin~ any ~quity, lien or n~ht under or by ~•irti~e of this mortgage; end in the event said rtortga~;or shall (or nny rcns~~ fnil to kACp the ~aid pr~miv~s s~ inaur~d, or fail to deNver promptly any ol said {wlicieq ot insurance to s~~d ltort~aR~~e, or f.zil i~rompUp to rav tully :?ny premium therefor, or in any respect fail lo per- torm, di~charFe, execute, ~ffect, complete, comply ~~~th end abide by thia covenan~ or any part hereof, aaid ~tortg- ~ nReP may place nnd pay for ai~ch inviirance or any part thereM without waiving or affectlnq any option, liPn, tY:i equity or n~ht under or by ~~irtue of this mort~a~e, an~l the fuU amount o[ each end every auch pAyment ehall - be immediately due and payable nnd ahall bear int~rest from the date ther~ot untfl paid at tl~e rate o! ten per centum per annum and toge[her w(th auch Intere~t ahall be eecured by the lien ot th18 mortgage. s; 4. To permlt, commit or ~uffer no «•x.vte, impairmcnt or deterloration of dafd property or any part thercwt. ~ 6. To pay all and ain~ular the coats, char~ca and expenses, includinR rensonable lauyer'a tee~ and ca9t of nbstracts o[ title, fncurred or ~aid ai any Urne by sa1J lliortgsKee becnuse and/or tn the event of the twllure on the part ot the said 1ltortKa~;or to duly, pr~~mptly nnd tully perform, dlscharge, execute, etfect, complete. comply v~~th and abide by each and every the stlpulation~, agreement~, c.onditlona and covenantA of sa~d promLi- = aoty nnte, nnd thl~ mortKa~e, any or ei[her, aiid said coste, charges and expenses, each and every, shall be Im- t mediately due and payable, whether or not the~e be not~ce, demand, attempt to coilect or ault pending- end Lhe ~ full amount ot each and every aucA pavment ahxll bear interest from the dats Wereof unt11 Pafd at the rate ot _ ten per centum per annum; and all eaid co~te, chargei snd ucpen~es ~o ~acurced ot pald, together arith ~ucL !n- t tereat, shaU be secured by the Ilea of Wi mortgaga ! 'x i ~ BO~K 1~~7 PACE~~~, ':a _ _ ;