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HomeMy WebLinkAbout2727 ~ r ,0 A}~lJ~4/.!~_ 7 . ' ~'?2 i ~.Q~ Jl:v.... STU/IRT. Florids. FOR VALUE RECEIVED. th~ u~dusi n~d. joiatlr ~ad a~~rallY. PItOMISE TO PAY !o th~ ord~r ot JEI~FN...BFAC~...$~I~,...~..~Ox~~&...~AIIk1IIq..~Ax~rB~i~n........._ . . . . . . . _ . ~r.~. Tnous~a..... ~..~u~a~e~..~~t~.~s..and..n~~,cx~..--. ---------------DOLLARS. . _ . at P.e.~~...BOX..7s 8..E-~.~i..._.~Qr~~~.............................................._ _._.....o: weA oih~r plac~ as fhe holder . her~o! m~Y d~sigrrat~ wtitiny. lop~ih~r with iat~r~s! irom dat~ a! th~ =at~ oi .~T per centu~n per aenum on the unpsid balane~ nntil malurilT Th~ :~Id priaeipal aad int~t~s! shall M due aad payablc as ioll~ws: $124. 85 a mo the e~t due one manth from da~e, and continue for each month ther e il paid This um of .;124. 65 paid e~,ch month, shall first be credited to i~ and th der to the principal oi this obligation. This note may be prepaid ak such t e an in such amount a~ the makers d~sire without penalty. 11 de(ault b~ e~~dt Isr ~.0..... aar~ ia t~~ Pa~e~t ef ~ey (aslalld~ ~riactp~! or intsreat or a~r part thereof, tbe rSo/e sum tAen rsmainin~ unp~jd vit6 inlereat ~Aall at held~r ~ eoci.s 6.eew dw ui ParJ1. .i~6o~~ ¦o Failur~ to ese?cise such ootioo sh~ll not conatituler7~~rairer ol the ri~ht to e:treis~ tAe wse ia th~ eteet et ~ubspwwt ietault After eaturi boti ~rincFp~) aad accrurd int~rest ahall pear ieeerest at 1'j per centum per ~nnum unlil NiA. T4e ~aaken ~nd ewderser~ of tAii ~ote IurtMr oaf demaed, aetice o( ~o~•wra~•nc and protest. If lhis note is not paid ~t n,aturily ~nA t?e aam~ i~ olaced ~itA ~n attorat~ !e~ eo!lectloe, Ib~ Mk~r nd endorsers Sereot a~rts to yar all costs ol cotlection, includie~ all court coses and rea~onabb ~tto~wep (ee~. S ~i~~ ~ ~F rLOi'l) ~~r~ . . . x ~ ~ a 2 ~ ~ ; ncc~c~,~~rnz~._. sir:~_„~ _ - ~ `~~'--..r. cs~e~L~ . = Z _ _ = Louis_. . . ...~,'iefer£ ' = flAR20''12 '-~.-i - _ o - - . - - - ~~~~15"l5" - s ~ - _ . ~ ~ _ ~y T ~r~ - r-., . . 4~ V l4iT.GiREtElItE - tl$a~a 1V~~ ~,jVf~j`~ Rk3.~9o~u . . . - . . . . . __(SEALI and shall duly, promptly and hilly pertorm, di~charge, execute, effect, completP, comply wtth and abide by each and every the stipulations, agreements, conditions and covensnts of said promissory note and of this mortgage, then this mortgage and t2~e estate hereby created shall cea4e and be null and void. It is understood that each of the words, "note," "mortgagor" and "mottgagee" respectively and the pron- ouns referring thereto, wheLher in the singular or plural anywhere in thfa mortgage. ahall be singular it one only and ahall be plurat jointly and 9everally, if more than one, and shall be Fne9culine, feminine and/or neuter~ wher- ever the context ao implies or admita. And sa[d Mortgagor for himselt and his heirs, legal representatives, successors and a9slgns~ hereby coven- ants ana agrees to and with said Mortgagee. his legffi representatives, successors and assigns: 1. To pay all and aingular the principat and intereat and We various and suadry aums of money payable by virtue ot said pmmiswry aote, and thie mortgage, each and every, prompUy on the days respectively the same severally become due. 2. To pay all and singular the taxes, aseessments. levies, liabilities, obtigations and incumbrancea of every - nature and kind now on said described property, and/or thai hereafter may be Impoaed, euffered, placed, levied ~ or assessed thereupon, and/or that hereafter may be levied or assessed upon this mortgage and/or the indebted- ness secnred hereby, each and every, when due and payable according to law, before Lhey become delinquent, and before any interest attaches or any penalty is incurred; and in so far as any thereot is o[ record the sanie ahall be pr+omptly satisfied and discharged of record and the original official document (auch as. far instance, ; :he tax receipt or the satisfaction paper officially endorsed or certified! shall be placed in the hands of said ; Mortgagee within ten days next after payment; and in the event that any thereof is not so paid, s~atisfied and discharged, said 1?iortgagee may at any time pay the same O~ any part thereot uzihoat waiving or affecting any option, lien, equity or right under or by ciriue of this mortgage, and the full amount of each and every such payment shall be immediately due and payable and shall bear interest from the date thereot uniil paid at the rate of ten per centum per annum and together with such interest shall be secured by the lien of this mortgage. 3. To place and continuously keep on the buildinga now or hereafter situate on said land 8re and wlndstorm ' fnsurance ~n the usual standard policy torm, in a sum not less than t----•M~~••.--•-•.-----•--•----••-•, ln such com- pany or comp^nies as may be approved by said 1?fortga~ce; and all such insurance policies on any of said build- ings, any interest therein or part thereof, in the a~gregate sum a[omsaid or in exceas thereof, shall contain the usual standard mortgagee clause making the loss ur.der said policies, each and every, payable to said Mortga- ~ gee as his interest may aFpear, and each and e~~ery such poliey shall be promptiy delivered to and hetd by esid 1lfortgagee; and, not less than ten days in ad~•ance of the expiration of each pol3cy, to deliver to said Mortgagee a renewal thereof, together with a receipt for the premium of such renewal: and there shall be no such insur- ance placed on any of sa(d buitdings, any interes[ therein or pari thereof, unless in the form and wlth the lose payable as aforesaid; and in the e~ent any sum of money becomes payeble under such pollcy or policies said Morigagee shall ha~e the option to recei~e and apply the same on account of tht indebtedne~ secnred hereby or to permit said Mortgagor to recelve and use it or any part thereof for other purposea without thereby waiving or impairing any equity. Ifen or right under or by virtue of this mortgage; and in the event said Mortgagor ahall ~ for any reaso~ fail to keep the said premises so insured, or fail to delFver pmmpUy any oi said policies o! ~ insurance to said 1ltortgagee, or fai: prompUy to pay f~illy any premium therefor, or in any respect fail to per- ~ form, di.ccharge, execute, eflect, complete, comply with and abide by thi9 co~-nant, or any part hereot, aaid Mortg- agee may place and pay for such insnrance or any part thereof ~vithout waiving or affecting any option, lien, equity or right under or by virtue of this mortgage, and the full amount of each and every euch payment shaU ' be immediately due and payable and shall bear interest from ihe date thereof until paid at the rate of ten per centum per annum and together with auch interest ~hall be eecured by the lien of thls mortgage. 4. To perralt, commit or avfier no waate, impairment or deterloration ot eaid property or any part thereot. ~ ~ ~ 6. To pay all and singular the costs, chargea and expenses, induding reasonable 1a~7+er's fee~ and cost o! 1 abstracta ot tiqe, incurred or paid at any time by safd Mortgagee because and/or in the event of the tailurs ~ on the part ot the said Mortgagor to daly, promptly and tully perform, diacharge, ezecute. effect, complete. ' complq with and abide by each and every the atipulatlons, agreements, conditlons and covenants of eaid promis- ; sory note, and thln mortgage. any or etther, and aaid costs, charges end expenses, each and evety, shall be im• } mediately due and psyable, whether or not the~e be notice, demand, attempt to collect or ~uft pending: and ths full amount oi each and every such payment ahall bear interest from the date thereot unUl pald at the rate o! tea per centum per annum: and all eafd coate, charges snd e~cpe.nee~ w iacurred or paid. together w1W such fn- terest, ~hall bs secured by tbe lfen ot this mortgage. ~~2t~ P~27~ ~ _ ~ ~_.~z ~ _ _ . _ . ~ _ ~ r-j.~_ ~w~