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HomeMy WebLinkAbout1680 ~ ~ S.~,~~2 Q. Q Q I~ ott Laudccdaic, h la. _ ~v n , i l9~ ' I ~ ~ ~ I=~)I: \'.11.1'1•: KI•.~~1•:l\'!• l), l,'u I:, ur c~thcr .~f ua, pcumisc to pay to chc order o( I 7:~*~r. t: ^~C`_~i::~ 3.~ -:i~~~=c ~ ~ ~ , Si~tv-~~~o 'i'itou~anc3 !'our l:si:rir~d ~ig:~ty 2~ ~~est Flac~l.:r Street, ::iar~i, rlorida DOLLARS a•ith intrcrst f~~m C~dt~? at che rate o( seven ( 7~ ) per cenc psr -~annum ontit paid~ payablc as follows: J S::x (u) cqu~l .:ri:1L'31. installment3 of principal, cor.unencinq ~i- ' o:te yea~ ::ro:,? na:.e. S`:~i-a: ;.ual interest pay:.ients con:~encinq six (6) ~?onths = ~ ; :ro:~ 3a~~. -his r.o~.: i~ sacured by a purchase r~oney raortgagQ of Qven ~ J ~ _ « date herewith. ~ - _ r - -GJ - r ~ p y° \o~•, ~tiould ic became necesancy to collect this oote ihrougA •n •i:orney. eicher of us~ ~heche~ maket~ surety~ ot eadotset oq chis aoce~ hereay a~,ree co pay al! costs ot such collection, iaeluding ~easoaable accorney's tee. TDe dt~wers and endotsets ~ se~craiiy w~ive ptesentment fot paymcnt, ie protcst~ wnd notiee foc oon-payme t qf this no~e. ~ I\ :iiE EY't\T •n a meot of interest ot rinei ~1 be not aid ~richia t~=-rty ( 30 Y P Y P P P ) d~ys •(cer the s~me i hecomes due. cne holdet of this ooce aoay~ ~t his optioo. deelue the whole principal sum hereof to be immedi~tely dut aed Day~bie. ~.SF.l~~ ~ ~ ~i~~ c'~ 2. j , I B:.cZT i3cB:.R ! ' ! (S~a~, COR:7ELILS CAL1~~iDFIELLO (Sesl) ' (Seal) (Seal) ' FLOR::;:Ci. :4i.IIER JOAA1 CALA.~DRIELLO and shall duly. promptly and full~• perferm, discharge. execute, effect, complete, complc w•:th and abide bY each and e~•ery the stipulations, a~reements, conditions and cocenants of said oromissor~ note and of this mortgage, then this mortgage and the estate hereb~ created shall cease and be null and void. It is understood that each of the words, "note: '"mortga~or" and "mortgagee" respecticely and the pro- nouns referring thereto, a•hether ~n tne singular or plural an5 w•here in this mortgage, shall be singular if one only and shall be plural jointl} and se~•erall>•, if more than one, and shall be masculine. feminine and/or neuter, wher- ever the context so implies or adm~ts. And said 1?iortga~or for himself and his heirs, lega! representati~•es, successors and ass:Bns. hereby eovea- ants and agrees to and W ith said ~iort~agee, his legal representati~-es, successors and assigns: i. To pay all and singular the principal and intere=t and ?he ~~arious and saudn• sums of moncy payable by virtue of said promissory note, and this mort~a~e, each and e~~er~, promptl~~ on the da~•s respecticely the same severally become due_ 2. To pas all and sineular the taxes. :+.~~e-srnents. le~~i~s, liabilities, obli~ations and incumbrances oi ever,~ i nature and kind no~r on said desce•ibed prop~r?r. and: or t}iat hereafter ma~ be imposPd. sufiered, placed, levied ; or assessed themupon. and-'or that hereafter ma~ be le~~~~d or assesseci upon this mortea~: and!or the indebted- ~ ness secured hereb~. each and e~~erp, w~hen due and pa~able according to laH, before they become delinquent, and before any interest ati:~ches or am- penalty is inc:!rred: and in so far as an~ theeeof is of record the same ~ shall be promUtly satisfied and discharged ot record and the orieinal official docut!~cnt isuch as, for instance, the tax receipt or the sa*.isfaction paper officialh~ endo:sed or certified; sliall be placed in the hands of said t vfortgagee within ten da}•c next after pa~ment: and in tre e~~ent that any thereof is not so paid, satisfied snd ; discharged, sai@ MortgsQee ma~ at an~ time pa~ the same or any part thereof wit'~out n•ai~•ine or affecting ~ any option, lien, equity or rieht under or bc ~•irtue of this morteage, and the full amount of each and every ~ such payment shall be immediately due and payable anc: shall bear interest from the date thereof until paid at the rate of ten per centum per annum and togethe: ~cith ~uch interest shall be secured by the lien of this morLgaRe_ ~ 3. To place and continuously keep an the buildings noK• or hereafter s~tuate on said land fire and windstorm ~ insurance in the usual standar~9 policr form. in a cum not less than s(not. . applieable) ,~n such com- pany or companies as ma~ be apnro~•eri b)• ~aid ~iorteagce; and all such insurance policies on any of said build- ;ngs. any interest therein or pari thereof. in the a~~reRate sum aforesaid or in excess thereof, shall contain the ~ usnal standard mort~aQee clause making the loss under said policies, each and every. papable to said Mortga- ~ [tee as his interest may apPear. and each and ecery such .policy shall be promptly deli~•ered to and held by said 3 ~Sort~*agee: and. not lese than ten da~•s in advance of the expuation of each policy, to deli~•er to said Mortgagee ~ a renewal thereof, together with a receipt for the premium of such renewal: and there shall be no such insur- u ance placed on any of said buildinas. any interest therein or part thereof, unless in the torm and with the loss ~ ~a~ab'.e as aforesaid: and in the ~~•ent : nc sum ot money becomes payable under such policy ar poiicies 8aia fi 1~iortRagee shall have the ontion to recei~•e and appls the same on account of the indebtedness secured hereby or to permit said Mortqa~or to recei~-P and n~~ i+ ~r ~nr p:?rt thereof for other purposes without thereby vvaivin8 4 ~ or impairing any equit~. ]ien or riet?t under or b}• virtu~ of this mortgage: and in the eeent said ldortgagor shall for any reason fail to keep the sa;d premiscs so insured, or fail to deli~~er promptly an3 of said policies of insurance to said Mortga~ee. or faii nromptl~• to pa~• full~- any premium therefor, or in an~ respect fail to per- ~ form. dixharge. execute. effect. comntete. compl~ Kith and abide by this covenant, or an~ part hereof, said Mort- LaE~ee mav place and pav for ~u~ h in~urance or any part thereof aithout ~siving or affectinFr any option. Aen. ~ equitc or riQht under or bv .•irtnP nf tl~is morteaae, and the full amount of each and e~ery such payment shall ~ he immediatelq due and paYable and shall bear interest i~om the date thereof until paid at the rate of ten per rentun per annum and tocethcr ;cith surh interest shall be secured by the lien of this mortgage. ~ 4. To permit. commit or s_:ffer no waste, impairment or deterioration of said property or any part thereoi. ~ ~ 5. To pay all and singular ti~e costs, char~es and expenses, including reasonable laayer'c fees and cost of ~ abstracts oi title, incurred or »aid a! an~ time bY saici :~iortgagee because and'or in the event ot the failure ~ en the part of the said ~tort,a¢or to dul~. promptly and fully perform. dixharge, execute. eftect, ca~nplete. complp with and abide b~ each ard e~•erc the stiUUlations, agreements, conditions and covenants ot said promia- ~ sory note, and this mort~a€e, an.• or eicher. and said costs. charges and expenses, each and every, shall be im- mediatelv due and pnyable. ~:~eth+r or not there be notice. demand, attempt to collect or suit pending• snd the ~ full amount of each and e~~err ~e:c?~ p.e)m~nt ~l:all bear 'nterest from the date thereof until paid at the rate of f~ !en per centum per annum: ar.~i a1: ~:~:d c::sts. ctiarges and expenses so incurred or paid, to€ether with such in- ~ terest, shall be secured by the l:~ n of .his :nortgage. ~ Bl10hc~~VV fRt~~~ ~ - - ~ ~n r~ ~ ' ~ ~ ~ z e ~ ~a ~ ~ ~ ~ . ~ ~ _ r _