HomeMy WebLinkAbout0302 ;
~y 8 000. CJ siv~R~. Fiorlda. __.Februarq ~-5" _ 19 72 i
s ~ .
POR VALUE RE .!h~ uad~rsl9A~d. joiaill and a~~~r~llY. PROMISE TO PJIY to lh~ ord~r ot.
_ . ~.ENS. CH.B.AN.K,....a...Flor.ida.B.anking..Cor.par.a~lon . _ .
-.DA~$rS•8t1d A4~1.~0•---------.~.~.~r..~.:.-.-.-.~.:.~.:.~r..-.-..:.-.r..-..:.r-~--~•DOLLlIRS. ~
~
at ..p.. ..HOX-•-•~i•-•.TP11S@rl.H@BCZlr...-EZO~SC~B ........or sucb oih•r plac~ as the holder
her~o! m~~ ~slyual~ ie~ writinq. lo~~/h~r wilb Iat~r~t! tsom dat~ a! !6~ :at~ o! . per centurn per annum on the unpaid
~ balse?c~ unlil malurilT. Tb~ sdd priadpal aad ial~s~a! shall b~ due and parable as follows:
~ $94. a month, the iirst p~yment beinq due one maacith irom date, and to continue
, ior ea thereafter until paid, for a term of Tea (10) years. This sum of
~94. 97 paid each month shall credit~d to interest and the remainder of this
amount to the principal of s oblig ion. This n m~y be prepaid at sny time ~
and manner as the makers sire wi out penalty. ~
1/ detault b~ saae Iw dafs ia t?~ oarsest et aar i~slaUetat of ~tintiNl er~al er ~nr part tAereo/, tbe w~ole •~m tAen ?emaiaia~
unpaW ~it6 inters~t ~hall ~t ?~Ider'~ eo Mt~w~ iw ~w/ ~ara?1~ ~r11\wt ~OIK~. F~IYf~ eaersis~ sucA eotion sh~ll not constitute v+aive~ o) IAe
ri~At to e:eni~~ te~ ~ue i~ th~ ~ve~t e rspus~t Jsla~lt Alt~r Mturiqr bt? priac ae~ accrued iaterrst sAall bear iaterest at per ceotum
per aneua wtil oaid_ TAe sak~n ~wJ • e( t?is aeb tuetAtr ~~ite aeaaad, ~ot e ol aoa•Parm~wt and rotcst. 11 tAi• aote net oaid ~t
maturit~ and t?~ ~ase i~ ?lac~d rritA u atl~q coll~ctiw. t\~ ~aleers ~na eadorsers A reel a~re~ to Par all c ts et oU~ctioe. includin~ all court
coN• and teaieeabb ~tterpp t~t~. ~~~T ~
J.J
~
•
- (SEALI
.
. ~-~---CarT-~- -r~
- • - - _ ISERL)
Grace~M. 5~rock -
. . (SEl1L1
and shall duly, promptly and fully perform, d~scharge, execute, etfect, complete, comply wtLA and sbide by esch
and e~erp the stipulations, agreemenis, cond?tion9 and covenants uf said prom?ssory note and of tttie mortgage~
then ihis mortgage and the estate hereby crea:ed shall cea~e and be null and ~~oid.
It is understood that eac6 of the w~or~s. "note." "mortgagoY' and "mortgngee" respectively and We pron-
ouns refernng thereto, whether in the sinRvlar or plural anywhere in this mortgage, shall be singular 3t one only
and ehall be plurnl jointly and severally, it more than one, and shall be mx.uuline, feminine and/or neuter. wher-
ever the context ao implies or admits.
Md said Mortgagor tor himself and his heir~, legal representatives, successoro and asslgne, hereby coven-
ants ana sgrees to and with said biortgagee, his legal representatives,successors and assigns:
1. To pay aU and singular the principal and intereat aad the variou9 and sundry aucns ot money payable by
virtue of said promissory note. and thi~ mortgage, each and every, prompUy on the days respectively the asms
eeverally become due.
, 2. To pay all and ~ingular the twces, assessments, levies, liabilities, obli~ations and incumbrancea ot e~ery
nature and kind now on said descnbed property, andior that hereatter may be imposed, autfered, placed, levied
i or assessed thereupon, and/or that hereatter may be levied or as~ssed upon this mortgage and/or the indebted-
ness secured hereby, each and e~•ery, Khen d~e and payable accorciing to law, before they become delinquent,
; an3 before any interest attaches or any penalty is incurr~i; and in so far as any thereof is o[ record the 9ams
shall be promptly satisfied and discharged ot record xnd the or;Kinal o[f~ci,il d.xunient (such as, for instance.
~ :he tax receipi or the satisfaction paper officially emlorsed or certif~edl shall be placed 1n the hand~ of said
~torigagee within ten days next afteF payment; and in the event that any thereot is not so paid, satisfied and
discharged, said 1ltortgagee may at any time pay the s:ime or anv pbrt there~f K'ithout wai~~ng or aftecting
~ any optiDn, tien, equity or right' under or by ~'~rtuP of this mortgage, and the fUll amount of each and every
; auch payment shall be immediately due and payabie and shall bear inlerest from the date thereot until paid ~
: at the rate of ten per centurn per annum and t~~~eth~r with such interest shall be secured Dy the lien of this
$ mortgage.
~
~ 3. To place and continuously ke~p on the bu~idir~~;y nuw or hereafter situate on said 2an~ :::e and windstorm
~ lnsurance ~n the usual standard policy form, in a sum nnt less than S- . M~~--- in auch com-
~ pany or comp^ai~~s as may be appraved by cai~l :liort~a~re: an~i nll such insurance policiea on any ot said build-
~ inga any mterest therein or part thereof, in the n~~r~•gate sum atorpsaid or in excess thereof, shall contain the
~ usual standard mort~agee clause makinR the l~~~s ur.ri~•r a~~d pol~cies, each and every, payable to said 1liortga-
~ gee as his interes[ may appear, and each a::d e~•e: su~•h ~licy shall be promptly deli~•ered to and held by said ~
l~iortgagee: and, not less than ten days in ad~•an~e of the expiration of each policy, to deliver to snid Mort~aRee
a reneeval thereo[, to~ether v~ith a receipt f~r thP prPmium ~f a~i~•h renewal: and there ahall be no such insur-
~ ance placed on an~ ot Qaid buildinR~, any interest therein or part thereol, unle.4s in the form aad with the loss
? payable aa aforesaid: nnd in the e~'ent any sum of money becomes payable under auch puliey or policies said
% Mort~;aRee shall ha~•e ihe ~pti~~n to receire and apply the w?me on account ot the indebtednea~ secured hereby or
to permit said :tiiort~a~or to rerei~•P and uce it or any pnrt thereot for other purE!oses without thereby waiving
~ or impairing an~ equity. lien or ri~ht under or by ~-~rtue of this mortgage; and in the event said Mortgagor shall ;
for an_y re~on fail to kp~p the said premisr~s so in~ur~d, or fail to dellrer promptly any o[ said policies o! ;
insurance to sa~d :?1nrt~aRee. or fail pmmptly tc~ pay fully any premium therefor, or in any re~pect tall to per-
- form. dischar~e, execate, effect, complete, comply ~~-ith and abide by thi~ co~•enant, or any part hereof, eaid Morig-
~ a~eP may place an~i pav for si~ch in?urance or xny Fart thereot without v~ai~ing or atfecting any opti~n, lien. ~
_ equity or ri~ht under or by ~•i~tue of this mortRaRe, an~f the tull amoun! of each and every auch payment shall 4
be immediately due and pa~•able nnd shall bear intPrest from the dete ther~uf untfl paid at the rate ot ten per ~
- centum per annum nnd together wlth such tnterest shall be aecured by the lien oL Uils mortgage. ~
_ 4, To permlt, commit or sufter no H•aste, impairment or deterloration ot sald property or any part thereol. ~
6. To pay nll and ainRular the co~ts, charRes and expenses, includ~ng reasonable lawye~s fee~ and cast ot !
abstracta o[ title, incurred or pa3d at any time by said Mortgagee becauae andior in the eveni oi the laflure +
= on the part ot the said MorigaRor to duly, promptly and tully perform. dlscharge, execute, effect, complete, ;
complq w~th and abide by each and evpry the sttpulationa, agreementa, condiUons t?c?d covenante of said pmmis-
sory note, and thi~ mortRage, any or either, and snid costs, cherges and axpenxs, each and every, shall be Im-
mediately due and pa}•able, whether or not there be noLce, demand, attempt to collect or ault pending: and ths °
fu11 amount ot each and every sucA paytnent shall bear interest Irom the date thereof untll patd st the rate ol ~
- ten per centum per annum: and all aafd co~ts, charqes and expense~ so Incurnd or paid. together with such !n- ~
tetest, shW be secured by the Itea of Wa mortgage.
~_j 60GK 2VO PAGE ~Oz
~
~
- ~x
~
:4
} ~ _r~.'~~.~'°"yzi
" -~y,y, a ~ ~..`~zv"~~~~ ~ ~ -
F, Y '
~~c~
~ r+-5 ~"~f, .r-'~"i--n~~ ~`3`}~*`°"~'" ~s ~"",~e,?~ ~
5
__..,a__ +,.v ~s.:~.~~'~~'~~" . _