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Home My WebLink About2660 : 1.4, 50(?•. 00 June , ~ - STIJART. Flosids. . 19 ?2 FOR VALUE AECEIVED, th~ und~rsi ~d, ointlT a~d s~~~rall . PROMISE TO P1lY !0 1h~ ord~r of JF~v.~~.,EN.. BEACH..B~AN..~~.,...~..~oriaa.Ba~a ..co~c . .x~~~ar~,. _ _ Fourteen..T2~ousand._Fiye..I~undred Dollars..~~.~Q1..~~)4..-.-.--.--.-.-------_---_------- , DOLLAAS at Q. BQX..~?--JP.11S@II...SPB~C~....F'IC1~~f~8..~a~4.~~I . ......or such oiher plac~ as fhe holder her~ot m~T d~sigaa2~ iA wcitjaq. lop~ih~r wlth irt~r~s! irom dat~ a! !h~ sait ot per centum per ~nnam on ihe unpaid balane~ uniil auturitT. Th~ :dd psiaeipal aud iai~ses! shail M due aad payable as toliows: ~172. 13 a month, the iirst p~ym~t being due one month from date and to continue for each month thereatter uritil psid ior an approaimate term of 10 ye~rs. This sum of yl?2.13 paid each month shall iirst be credited to interest and the remainder to the principal of this obliqation. This note may be prepaid at such times and in such amounts as makers desire without p~nalty. ~ . 1/ dela~dt M made fv ±O A~~~ iq t?e parteet ol ~ey inatalleeat o1 Priaeip~l o~ ielereat or any part Ihereof, tAe wSole sum tAen remaioia~ unp~id ~it1 interest ~Aall ~t 6~Ider~ ootiea brceee dw ~nd Para?1~ ~it6eut wotice. Failure te eae?cis~ sucA optioe a6a11 ~ot cons~i~utd7~raiver of tAe r~~At to eaercise 1Ae suse is Ih~ ~~~at el fusspue~l ils(aylt Alt~r maturitr bot? yr~acipal aed accrued iet~rest aAall Dear interest at 1 per centum per annuea ratil paid. TAe nuken ~nd r~~e~s~r• el tAis wote (urth~r ~raive demand, •otite ot no~-payment and v~oteat. If th~s note is not paid •t n,aturitr and t\~ ~ae~e ls placed rilh aa attwae~ IK collectiea, t6~ sahers •nd eadonera hereof a~ree to pay atl costs ol collection, ~ncludin~ all corrt cast• and reasonable attorner fee~_ . . ISEALI George~ ~AposfoIopouIos lSE!!L? 5 ~ ~Cattierine ~I.~eilani~~Apostolopoulos ~ _ . . . . (SEAL! . . ! ~ end shall duly, promptly and fully perform, discharge, execute, effect, completP, comply weth and abide by eaeh - and e~•erv the stipulacions, agreements, condltions and covenants of snid prom~ssory note and of thia mortgage. then this mortgage and the estate hereby crnated shall cease and be null ancf ~oid. It is understood that each of the vtords. "note," "mortgagor" and "mortgagee" respectively and the pron- ouns re[erring thereto, whether in the singular or plural anywhere in thls mortgage, ahall be singular if one only and shall be plural jointly and severally, if more than one, and shall be mn.gculine, feminine and/or neuter, wher- ever the oontext so implies or $dmits. And said Mortgagor for himaetf and his heirs, tegai representatives, successors and assigns. hereby eoven- ants ann agrees to and with naid Diortgagee~ his legal representative9, successors and as9igns: 1. To pay all and singvlar the principa! and internat and the various and aundry sums ot money payable by virtue of said promissory note. and this mortgage. each and every. prompUy on the days respectively the same severally become due. 2. To pay all and aingular the txxes, es.sessments, levies, liabilities, obligetions and incumbrances of every nature and kind now on said described properly, and/or that hereafter may be imposed, auffered, placed, levied 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, ~vhen due and payable according to law, before they become delinquent, nnd before any interest attaches or any penalty is incurred; and in so far as any thereof is of record the same shall be prumptty satisfied and discharged o! record ssnd the onKinal official document (such as, tor instance, ihe tax receipt or the satisfactioa paper of[iciaUy en~iorsed or certified 1 shall be placed in the hands of said Mortgagee within ten days next after payment; and in the event that any thereof es not so paid, satisfied and discharged, said 1?tortgagee may at any time pay the same or any part thereo[ v~-ithout waiving or affecting any opti0n, lien, equity or right under or by ~'irtuR of this mortgage, and the full amount of each and every such payment sha11 be immediately due and payabie and shall bear internst from the date thereof until paid at the rate of ten per centurn per annum and togethFr w-ith surh interest shall be secured by the lien of thie mortgage. 3. To pisce and continuously ke~p on the bu~t~iin~a now or hereafter situate on said land fire and windstorm insurance in the u~ual standard policy form, in a cum nnt less than 5...-~42.500. ~ in such com- - - pany or comp^nies as may be approved by sa;~l :~fortgaree; an~1 nll such insurance policies on any of said build- ings,-any intereat iherein or part thereof, in the ag~rakate sum aforesaid or in excess thereot, shall contain the usual siandard mortgagee clause makin~ the l~~ss urdrr said policies, each and every, payabte to said 1lioriga- gee as his interest may appear, and each as:d e~•ery su~•h Fmlicy shall be promptly delivered to and held by said 1?Io~tgagee; and, not less than ten days in adt~an~e of the Pxpiration of each policy, to deliver to said Mortgagee e rene~val thereof, to~;ether ~cith a rcc•eipt for thP prPmium of a»rh r~newal: and there shall be no such insur- ance placed on anp of said buildings, any interest thcrein or part thereo[, unles9 in the form and with the loss payable as a[oresaid; and in the erPnt any sum o[ money becomes payable under such policy or policies said Mort~aRee shall hati•e tbe option to recei~•e and apply the same on account ot the indebtedness secured hereby or to ~+ermit said ~1ort~a~or to recei~•~ and use it or any pari thercot for other purposes without thereby waiving or impairing any equity, fien or ri~ht vnder nr by ~•irfue of il~is mortgage; and in the event said Mortgagot shall for any renso~ tait to keep the ~ai~ premis~~s s~ inaur~d, or fail to deliver prompUy any ot said policies of insura~ce to sa~d ~tortgaRee, or fail promptly to pay (n11y any premium therefor, or in any r~spect tail Lo per- torm, disehar~e, execute, effect, compl~te, comply ~~-ith and abiele bv this covenant, or any part hereof, said 111ortg- ageP may place and pay for such insurance or t?ny part thereof without wai~ing or affecting any option, tien, equity or right under or by ti+rtue ot this mortRage, anJ ihe full a~~oimt of each and every such payment shall be immediaLely due and pa~able nnd shall bear intPrest from the date thereot until paid at the rate ot ten per centum per annum and together with such tnterest shall be secured by the lien ol thie mottgage. 4. To permit, commit or ~~tfer no tiaste, impairment or deterioratfon ot ~ald pr~operty or any part thereot. 6. To pay all and aingular the costs, charqe~ and expenses, including reasonable lawyet'e tees and coet ot abstraets of title, lncurred or paid at any time by said Mortgagee because and/or In the event of the fallure on the part of the said MortgaRor to duly. pmmptly and tully peHorm, diacharge, execute, effect. compiete. compiy a^iih and ablde by each and every the stipulations, agreements, eondiUons and covenants of said promie- eory note, and this mortRage, any or either, and said costs, charges and e~cpenaea, each and every, ahaU be im- mediately due and payable, whether or not there be notice, demand, sttempt to collect or ~ult pending: and the tull amount of each nnd every auch pa~~nent ahali bear interest trom the date thereoi untU pafd at the rate ot ten per centum per annum: and all said co~te, chargea and expense~ eo lncurnd or paid, togethec wlth auch in- tereat, ehatl be secured by the llw ot thts mortgage. 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