HomeMy WebLinkAbout2432 ~r~a~ded ~l~a~~a. that ijaaic~ J1lort~a~or ahall pa~ unto the sa.i.c~ ,~{fort~a~re
the cericu.x prv»iisaory notP, of which the follorvin~ in wox~a und ~l~'~cna ia a. true cop~/,
' to wit:
a
~ ~~•AA°-~ Fo~et Pleroir Floaida. 1!_Iai._ 4?
l~'o~r valw rsosived..~ w~ or eitbar oi e m PiU?. wlt~wut detiDaatloa, to tbs ord~r at ~
p~ pbrt -
P3sroer Florida, tbe aum , _
vrtth ~n~est trwn a,?te u tb. r~?a olZ~~96 p~r ~no~a, in ..~aN~~ ~n~na N to~lowe,
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B P~ ant~l th.e whole be i~?` P~id
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~'.ot" _ i" a~i ~ w~i.~~ridi~ar f~i ~ ~ ~"~'..s .~.r~ a~`f~. ~
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t w iildt 4 ~DI ~i~wt~l~e~oi. ~MD i~ iiii - ~ ~ Mr +w~fa~~ 1~~ ~ -
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,~~t b~tlt a~ ~~I~i ~~wotls~ a~e 1~ ~htf» swi -i~s a1d1 a!~ o[ nrt•;~~80!V1~. ~ M~tnR t~~ . ee, ~p
~heds~ ar r~wal ~~ot. . _ _ .
uzi ~ - riit~r tM tiui a~i ~I at ~ 1ret1. ~ . : _ . . . _ - - . _
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~ ~ , 18 Rnbel't' I, _ ~
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and shall perfo~rra, comply with and abide by each and every the s~ipulations,
ac~reements, conditions and covencant,s of Scr.id prnmi,ssory note and of thi~s deed, then
this de~,d c~nd the esta.te hereby crecited shall cea~se and be null and void.
,~1it~ the said Jl~ort~a~or hereby coueno,nt,s a,nd d~'rees:
.1. To pay ail and sin~ular the princ~pal antl interest and other sums of money
payable by virtue of said promissorr~ note and this ~eed, o~ either, promptlJ on the
days respectively the same severally corrte due.
Q. To pay all and sin~ular the taxes, assessrrients, levies, liabilities, obligations
and encurrtbrances of every nature on said described property each and every, and
if the sam,e be not prorrtptly pctid ~he sa,id JK'ort~cc~ee m,a,rJ a,t any tim,e pay the sczm,e
wit,h,out wcr,iving or afj~ecting the option to forecloae or o.ny right hereunder, and every
payment so ntade shall bear interest fro~rt the date thereof at th,e racte of 7 3/49b
per cent. per cLnnurri.
To pay aIl and 8in~ular the costs, cha~gex.' arul expenses, including lawyer's
fees, rectsorutbly incurred or puid a,t any time by said .iKort~'a~see beccause of the facilure
on the part of tlr,e sdid JKor~gm~or to perform, comply with and acbi~le by each and
every the stipulations, d~reements, conditions acnd covenants of said prorrtissory note
and this deed, or either, and every such pa,ym,ent shall becar interest frorrz dcate cat the
rnte of 7 3/4% per cent. per acnnum.
To keep the buildin~s now or hereafter on gaid land insrired in a sum not
less than Nine Thousand and no/100 ($9 000 00j---------------~__--__
--------~-'-'------------------------~ollara. in a coinpany or companiea to ~
be dpprnved by sa,id .JKort~agee, cr.nd ~he polie~ or policies held by wnd payable to said
.hfortgdgee, and in the er~ent any surri of monoy? becomes payable under such policy or-
policies, the Jlfortgagee sh,a~ll have the option to receive ccnd apply the same on a,ccoun.t ~
of the indebtednes8 hereby aeeured or to per~nit the .~Kortgagor to receive o.nd u,ae it, or i
any pciccrt thereof, for other purposea, without thereby wa,ivin~ or irrtpv,iring any equ.it.~
lien or ri~'ht under or by virtue of this m,ort~a~e, and »ur,y pZccce ctnd pcc for sucli
insurcanee or any pccrt thereof, without wcLivin~ or mffectin~ the opt.ion to ~reclo8e or
any ri~h,t laereunder, and each and every 8ueh pa~ment ahall bea,t i.~tereat fi~a~n date
ctt the rate of 7 3/4% per cent. per annu~n.
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