Loading...
HomeMy WebLinkAbout1726 ~!'tltt~pd ~~1~1~1~J~. tA~at ijdaid .~lfort~ctaor ahall pa.J/ iinlo the sai~ JKort~a~c~e the certai~ prnn~ucaory reott, of u~hich the follorvin,Q in words und )l~~crea i8 a lrue copy, to wst: ~ . . . ~ 12,650.00 FortPierce,Florida,April 21, Zg 72 For value received. I. ~ve or either of us~ promise to pay~ without defalcation, to the order of ~ ISAAC P. PITTS and Rt Av _nL _ A in Fort I~IA~TRA~3T'~5"; ~Fi i s`w`i F e Pierce, Florida. the sum of~ae ~~p Tho ~ s nd S; x H»ndrP~l F i f t~ DOLLARS ~vith interest from date at the rate of ~ 1 2% per annum, in monthlYnsta]ments as follows, ~ 15 6.11~ on the 21 s t day of i"~ay , 19~ 2 and a like sum on the corresponding day of eacli like ~ucceeding period th~reafter until the whote be fully paid Eaet~ fnstatnunt tlrst shall bs ~DDlted !n wsmmt ot the tatxest md tDea oa tLe nno•M bstanes of tLe Ddnctoal snm. 71 d~tanit Ls made 1n the oa~mcnt ot ~ns fostw~ment ~1un due. :thea at tM optla~ ~t ths 1~oldv, tod ~ltLOOt ~n7 othe* tta4tc~. alt t1y levalnlat inxtatments sLall ~e dna and aarable at onee. PrNUe~s !s tf~en to pa1 t~n os mo» lnst~lmtnq ~t aa7 1mt~laa»t Dutuslb dat~. bnt trfs shaU aot e~ead t~+s ltma o[ maturlb ot ans suLaeatieat fn~talmtnR 2ieiWer fot~esranoe. no: ecaptaaos b7 We noidet heTSOf altes ans detanll tn ~ns pa7mm2 dereno. sl.atl Le deemed c~tt~ntlon- Eaen mater. surcb md endorser hereot. folntl7 ~d ae~e+'~1b. ~v~~ dww?d. DraeatmenR, orotest and notle~ ot D~~ tor nm- vatment, ~ad turtAee asms !o an~ c3ten.lon ot ttme nt pt7menf, dt6er Deto» or ~tter matorltl. ~ithout aottos fn ~n7 ot n: aad to ca7 all ooats at wUeetloa, ineladlns a te~eonabl~ ~ttocneY~ !M !n t6t nent d a:?s detavlt Ift[eunder, aad bereD7 sf~essib ~r~1~es a11 beaettt of ~omestead and e:emptioo nnder ths ooostlWtba ~ad ls~s ot e~ea ee~t~ o! t1r IInlted St~les. as ~plnat ibb oDllptlon o~ ~as e:tenafon oz rmrral hereof. , qneaa. ta. baaa .ae ,eai a e.en wrb. . _.._(SEAL) y Jo nn en -(SEAL) and shall perfo~m, co~nply witla a»d abide by esch and euery the stipulations, a~greem,ents, conalitions acnd covenants of suid prnmissory note and of ticis deed, then this deed a~t.d the estccte hereby created shalt cea,se and be nutl acnd void. ,~I111 tlce sacid JKortga~or hereby couencznts and a~ees: .1. To pay alt and sin~ular the prine~pal arui interest and other sums of moneJ payabte by virtue of said promissonJ note and this deed, or either, promptly on the days respectivety the same severaldy come due. Q. To pay all and singular the taxes, assessments, levies, liabilities, obligations and eneurribrances of every nature on said described propertJ each and every, and if t.he sam,e be not promptly paeial the scud JKort~a~ee may at acny tirn,e pay the sccme without wa,ivin~ or ctffecting the option to foreclose or any ri~'ht hereurcder, dnd every paym.ent 80 ~nade shall bear interest frorrt t,h,e d,a,te thereof at the rcite of ten per cent. per annu~n. ~ ~ ' 7'o pay ail and sin~ular the costs, chargP¢ a~ul expenses, inctuding lawyer's ` fees, rea~soncLbly ineurred or pucid a,t dny time by sa,id Mortgac~ee because of the faiture on the part of the said Jlsort~agor to perform, corriply with and abide by each and ' every the stipulations, mgreem,ent,s, conditions ctnd covendnts of said prumr ssory note and this deed, or either, a,nd every such paym,ent sha,lt beacr interest from date at the ra,te of ten per cent. per mnnu~n. To keep the building now or hereafter on said land insrered in. a sum. not 6essthan highest insurable value Dollars, in a company or companies to he approved by said JKortgacgee, cLnd the policy or polieies held by and pdyable to said .~lfortga~ee, c~nd in the event any sum of m.onpy becomes paya,ble under sueh policy or polici,es, the Jlfortgc~~ee shall have the option to receive and apply the sc~me on account of t.he indebtedness hereby secured or to pernait the Jlfortgagor to receive and u,se it, or any pcLr~ thereof, for oth,er purposes, without thereby wo,iving or irripacirin~g any equiLy lien or right under or by virtue of t,lii$ ~nort~age, dnal rica,y place ctnd pay for such - insurcance or any part thereof, without wcLivin~' or aff'ecting the option to foreclose or . any right hereunder, cLnd each and et~ery auch pa,~~nent aha~ll bear interest frn~rt date at t.h,e rate of ten per cent. per annu~n. ~O~~f( ~ pllt~f , . „ _ ~ - r r ~ ~ .