HomeMy WebLinkAbout1015 ~l'OVl(~~ ~iWaye., thRt if .caial JKortgcr~or shall J~aJ tantq t/te saic~ Jlfortgagee
the certa,in promissory not~, nf iahich. tl~e follou~ins in raor~l,4 an~ f1~'ra•~s is [c true cop~/,
to wit:
' Fb.~. Ma
s..~.~?,.Q.Q.Q....~1Q ~t......P.~..exce. y.................. ..............~9 7.2.
~ FOR VAIUE RECEIVEO IM und~rsiyn~d p?om+ses to paY to ths ade? o(
.
FI-RST-..NA~IONAL...811NK...OF . EORT....PZER~E . . .
~ ~r k' ' ~hou,~ans~ ~r~~....no,/I.Q.Q.- ----.Dol ar ~ , , .
~he p.~~~~~~ ~ ~r ..7..~~y ~ s 5.50 000 00
' .--..until mslw~ly. sa~d interesl
~oyMher wilh intKesl therea~ tran dats. a~ ~hc ra~e d............4~9h~..........» ...............v~ ~ dIIriUI[1.......
e~~ osy~......9uarterly......a, . ._day or_ _J.u.~~....................----... a~?d_each . quarter ..thereafter
a~Y?~bo~h p+incipat and irtiti,reu beinq RaY~~ti in l~++~f+~ ~=^°y U"'~°d Stales w its e0uiva1enl, a~ ~OO ..SQUth.._6.th . Street,--
Fort.. Pie.rce.. _ F~.oX.~,ds~ 3.4.5.Q .....................~~d a•~~~~va~ ~o ~ oaY•w~ a, ~h° e~K ~a in Ihe amounls speciiied below, tawit:
Principal amount due May 1975.
E
(Documentary Stamps affixed to Original)
i m~n! or paesf and aN reduiremer~ls n~cessartr fo hold each d
- Each msker and endors~r ssverally wsives dam~?d. P~otast and nolice of mslurilY. ~-WY
e lhem liable as makers and endasers.
- Each maker and endaser ~w~her ayrees. ianlly and sevaaNy. fo paY all costs d cdkclioe~. includiny a nasonabl~ aNwneY's hs i~ case the PrintiD~
this nole w aeY DaY~nl on fhb p?incipal or any interesl lhereoe is nol pad at the ~espeCfiw niilurity ther~oi, a in cafe it becomes neCefssrY io P?otecl Ihe
c security hereot. whelher wit be lxou9hl w nW-
- ihis nole and deterred interest paYmenls shall bear interest al Ihe ~ate d.._....tE~D_.._.....per cen1, per anmrn hom mafuify until paid.
Th~s nde is secured bY a..£~~r~ ~••-•mwl9age of even date herew~~h and is ro be construed and enforced accwding l0 1he laws of Ihe Sta1e o( F1or~da;
upon de(ault in the paymeM d pnnuPara^d?o? interest due on any nofe secured bY s~~ Ma?~9age, all notes w tecv~ and remaining ue?paid shall (onhwi~h
betOme duP and DaYable ndwilhslanding fFMn fenw.
. -(Seall
. Fioytl...,~.~_..S~V~r~Ii . . .
_ . .
~ ~~~i~
.
_ . Evelyn M. Welch
and sltall perfor~n, comply with, an~ abide bJ each and every th.e stiptclations, cagree-
ments, cnnditions ct~rd covenants of sccid ~ronai,ssory note and of th.is ai,eed, then this
~l~~~ri a~~.cl. ih.~ est,ate hereby created shall cea,se and be null ccnd void.
~ 1~i1Q~ the said .1Kort~agor hereby eovenants and a~rees:
E
~ 1. To ~xr-J nll an~ sin~rclar tlte principal and interest ccnd other srcros of moneJ
~ ~rxcyu.Lle by virtue of said promissorrJ raote and t/ais c~eed, or eitl~er, promptly on the
~ a~Ctys respectively the same severally come due.
To ~ay all and sin~iclar the ta.~es, assessments, levi,es, ZiaLilities, obligdtions
and encumbrances of every nat«re on said described propertJ each• and every, and if
the sante be not promptly paid tlie said Jblorl~a3see »tay at any time pay tlae same
ivithout waiain~ or 2j~'ectirt~ the option to foreclose or any ri~s/rt he~•ercnd.~r, und every
payment so made slrall bear interest from t/te date tJr.ereof at the rute of ten per
cent. per annum.
~3. To pccJ all dnd sin~ulacr the costs, charge.s and erpenses, inclrcdin~ lawyer's
fees, rea,sonabliJ i~act~rred or paid at dnJ tim.e bJsaid .~lort~ct~ee bec2~cse of the facilure
o~e the part of tlae scrid .rllort~a~a• to peiform, eo~nplJ rvitli and crbic~e bJ eaela and
ei~erJ the stiprclati,~~rs, co~aditions an~ covefian.ts of saicl promissor~ notean~l this deed,
or eitlter, and eve~~J suc/i. ~uacJnaeiit slrctll Lear interest fronr. datP 2t tlre rate of
ten per cent. per annunL.
To keep the br~iltlin~ss nou~ or hereafter on saic~ l,cin~ insrcretl i~c ca siem not less
th,an hi qhest insu=able value c~llu~:5, ir~ a companJ or c~~npa~aicti to Le
approve~ by sctic~ .1~lort~a.~ee, aiac~ tlce policJ or policies lreld bJ ~rit~ >>ctJahle to .said
.r~tort~cr~ee, and i.~r. the event an~/ tium of moneJ beco~nes paJable rc~cc~er sn.cJi policy or
polici,es, t/re .~lfortga~ee s/aall liave tl~~ option t.o i•eceive aiitl a~~plJ th~ ac~ me, on accorcat
of tlae i~ul.ebtedness IrerebJ ~cecrcre~l or to pernti.t tlre ,iliort~a~nr to receii~e anc~ ttse ii, or
anJ part tlaereof, for oth.er prcrposes, witltotct t1~.erehJ tcai.oiris ori»t~~airin~a~aJ eq~citJ
lien or iz~ht u~ider or L~ virtr~e of' thi.s mortgcrge, anc~ »iaJ place and J~aJ for sueh.
ins«rar~ce or anJ ~art tlaereof, wit/corct tva,iviic~ or ~~~ectin~ t/re o/~tioia to J'oreclose or
any ri~ht I:ereurt~er, and each, a~ad euerrJ such J~aymeir.t .shr~l~ hr~ar i,i~.tere.st fron~ d.~r,te
~ t~ °f ten ~~er cent. per annrcm.
a~~, ~i~15 _
- _ . ---n. - ~
~=_y... . :