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Home My WebLink About1653 s 14~..`~~.~~. ~ STUlIAT. Flosida. . JL1Y18. ! ~ 19 ?Z FOR VALUE AECEIVED. !h~ und~rsi a~d. 'oinily and w~~csll , PAOMISE TO PAY !o th~ o:d~r oi J.EN~EN_. BEACH..B~,...A._~or~d~ B~ .~a ..Cox~o.r.~~ion, ~ - ~ ~ Foui~teen ..Z`l~ous_and. FYve..Hundred Dollars..~. _.~iQ/.....~Q . . noLL~as. i at P. Q.._~Q$..~~...1~SP.d1.._8~8~.... '~QX ~G~B.a~~4~~ . or suth othes plact as 1he holde~ ~ hereot ~na~ d~siQaat~ ia wsitiny. lo~tih~s with inter~s! trom dat~ a! !b~ :at~ of . 7~ per centum per annum on ihe unpaid balanc~ until u~aturilT. Th~ said priadpal ae~d int~c~st shall b~ due and payablc as tollows: _ ~ 172.13 a month, the tSrst pa~yment b?ing due one month from date and to continue for each month thereatter until paid ior an approaimate term of 10 years. This sum of v172.13 paid ea~ch manth shail first be credited to interest and the reinainder to the principal of _this obliqation. This note m~ be prapa.id at such times and in such amounts as ma~kers desire without pez~alty. i ! If dela~Jt b~ a~adr (e~ 10._.. dar~ is tb~ pa~~at el aar in~W4seat ol Priacip~l or Iatere~t w anr Part tAereo/. t6e ~rSole ~us~ tben remaiain~ unpaid vitA interest ~Aall at h~laer ~ ootioa lecoee dw awd oa>able ~ritAout aotice. Failure te saercise such optioo ~Aall no~ cooatilutd7 raiver et tAe r~~h1 to eiercise tse aaiae in tA~ e~eat e( aubseautet ielault. A(ler wturilr bol? prircipai aad sccrued int~real sAalt Aear interest at p~~ cenlum per annum uotil Paid. The maken u~d es~er~er• e) tAis aote IuRAtr ~r~i~e dewaad, aotice ol non-Paym~at and proteal. If tA~s nole is eot paid at ~~at~rity and tA• same is Placed ritA an attorwt~ tor tolleclioa, tse sakers ~nd endorsers kereol asree to pay all costs oI collection, ~ncludin~ all court cos~s and reasonable aclerner tte~• ISEAL) ~ ~ ~ ~George~~Apostolopoulos ISEALI . ~attierine I;eilarii~Apostolopoulos ~ _ . . - . . . . . _ ISEAL) I and shal! duly, promptly and fully pertorm, discharge, execute, effect, completP, comply with and abide by each and e~•erv the stipulations, agreements, conddiuns and covenants of said prom~s~ory note and of this mortgage, ~ then ihis mortgage and the estate hereby created sh:ill cease and be null and void. It is understood that each of :he «onls, "note," "morigagor" and "moRgagee" respecii~ ely and the pron- ` ouns referring thereto, whether in the singular or plural anywhere in this mortgage, shall be singular it one only and ahall be plural jointly and severally, it more than one, and shall be masculine, feminine and/or neuter~ wher- i e~•er the context so implies or admits. And said Mortgagor tor himselt and his heirs, legal representatives, successors and assigns, hereby covea- ants ana agrees to and with said Diortgagee~ his tegal represeniatives, successors and assigns: 1. To pay all and singular the principal and intereat and the various and ~undry sums ot money payable by virtue ot said promisaory note. and this mortgage, each and every. prompUy on the days respectively the same severally become due. ~ 2. To pay all and singular the twces, asse~sments, levies. liaDilitie9, obliRations and incumbrance~ ot e~ery nature and kind now on said described property, andlor that hereafter may be imposed, auffered, placed, le~~ed I or assessed thereupon, and/or that hereafter may be levied or assessed upon this mortgage and/or the indebted- ~ ness secured hereby, each and every, K hen due and rayable according to law, before they become delinquent, and before any interest attaches or any penalty is incurred; and in so far as any thereot is of record the same ~ shall be prumptly satisfied and discharged o[ record and the oriRina! off~cial document (such as, tor instance, { :he tax receipt or the satistaction paper officiaUy en~ior~~d or certifiecll shali be placed 1n the hands of said € ~iortgagee within ten days next after payment; and in the event that any thereof is not so paid, satisfied and ~ discharged, said 1?tortgagee may at any time pay the s:ime or any part theren[ w-ithout wai~~ng or af[ecting any option, lien, equity or right undcr or b~• ~•irtuP of th~s mortgage, and the full amount ot each and every such payment shall be immediately due and payab;e and shall bear interest from the date thereo[ until paid at the rate of ten per centurn per annum and t~~~eth~r w-ilh such interest shall be secured by the lien of thia : ~ mortgage. ~ ~ 3. To place and continuously ke~p on the buildin;;s now or hereatter sltuate on said land fire and windstorm ~ 14 500 00 in such com- 3 insurance in the u-aual standard policy form, in a sum nnt les9 than =__....___s.__..._ ~ pany or comp^nics as may be approvrd by sa:~l Aiort~a~re: an~i s+ll such insurance policies on any o! said build- ings, any interest therein or part thereof, in the a~~n•~ate sum aforpsaid or in excess thereof, shall contain the ~ usual standard m~rt~agee clause makin~ the l~~~s ur.d~~r said policies, each and every, payable to said Dtortger gee as his interest may appear, and each ar.d e~•Pry su~•h policy aha0 be promptly delivered to and held by said 1lfort~agee; and, not less than ten day3 in ad.•an~e of the expiration ot each policy, to deliver to satd biortgagee a rene.val thereof, to~ether K•ith a receipt fnr thP prPmiom ~t vnrh r~newal: and there shall be no such insur- ; ance placed on anp of said buildinRs, any interest therein or part thereot, unless in the forn? and with the lose ; pa~~able as aforesaid; and in the e~•Pnt any sum of monev becomes payaDle under such pollcy or policies said ? Mort~;aRee shall ha~•e ihe opti~~n to recei~•e and z~+ply the sam~ on account of the indebtedness secured hereby or ; to ~rmit said \tort~a¢or to re~eivP and uce it or any part thereof for other purposes without thereby waiving ~ or impairing an~ equitv, lien or ri~ht under nr by ~•irtue of this mortgage; and in the e~ent said Mortgagor ahall s ~ for an~ rea?son fAi! to keep the sai~f premis~s so ir.~umd, or fail to dellver promptly any ot said policies of - ~ insurance to sa~d Jtort~a~Fe. or fail promptly to p:~~ [ully any premium theretor, or in any reapect fail lo per- form. d~schar~e, execute, ef[ect, complete, comply ~~ith and abide by thia covenent, or any part hereot, said Mortg- a~eP may place and pay for such inaurance or any pari thereof without v~aiving or atfecting any opiion, lipn. = equity or nght under or by ~•irtue of this mortRaRe, and tne full amount of each and every auch payment shaU be immedialely due and payable nnd shall bear intPrest from the date thereof unttl paid at the rate of ten per centum per annum and together with such interest shall be secured by the lien of thie mortgage. ~ ~ 4. To permlt, commit or ~~tfer no w•aste, impairment or deteriorat[on of said property or any part thereof. ~ ~ 6. To pay all and aingular the co~ts, char~es and expenses, including reaaonable lawyer'e fees and cwt o! ~ abstractr ot title, fncurred or paid at any tlme by satd Mortgagee becauae and/or in the event of the fatlurs on the part ot the said MortgaRor to duly, promptly and fully perfornn, dlschacge, execute, effect, complete. comply w~th and abide by each and every the stipulation~, agreements, conditlons and covenante oi said promia- ~ eory note, and thi~ mortRage, any or either, and ~aid costa, charges and e~cpensea, each and every, ahall be Im- ~ mediately due and payable, v~hether or not ihere be notice, demand, sttempt to collect or suft pendfng; end ths full amount of each and every auch pa}~nent shall bear interest irom the date thereof untll pafd at the rate of ~ ten per centum per annum; and all eaid coete, charges and ea[pensei so ~ncurred or paid, Logether with such 1n- ~ terest, shall be eecvred by the Ifen of thle mortgage. ~ ~ a~203 ~1653 ~ ~ ~ _ ~ - - - - ~ , . _v ~a' ..~r = ' ~ ~~..a~l >~.r ~ ~'Y~'~ i - --~.-W 4 e~ . _.~'na~''Y~~s~~~~"~.~t~". _ . . . _ v-7