HomeMy WebLinkAbout0855 ~rt1Ut~1P~ F1lLUMl~~. tliat if sai~l .hfort~'u~sor sliall paJ rc~ito thc~ sa.i~~ ,11lortga~~e
the certain. prontissor~ not~, uj' tc•%iclc t/ie j'vllui~•iir~ iit iaurtls a~:d ji'~~cres is a trr~e cupJ,
to wit:
~~.~QQ_~ . _ Fort Pteros. F~orida, ~V~! 1~, 19 T~
for vslue r 'v i we ei us. ~ promise to psY. wNhout defakation. . to the orde~ of
at ~,~.Ql Te~ts Cem~t in Fort =
. +
Pierce, Florida, the sum of ~RS '
. i
with interest f~om dste at the rate of 6 96 pet annum, in instalmenh as follows,
=~~.a~ on the day of , 19_~. and a Iike sum
on the correspor~ding day of each like sucoeading period thereafter until the whote be fuily peid.
Eaeh M~tal~nt Arst sh~Y b~ apptt~d in p~ym~M of the inbnat and 1lwn m th~ unpaid bai~na of th~ p~k~dpal wm. If defM+it b nud~
in tM pryin~nt d any Imtaimnt vriwn du~. tlw+ M dw option of 1M hokl~r, aed witlwul airy otl~ notioq aEl th~ ~g in~taln~ls
aMN b~ dw and payab4 at a~a. Ptivilp~ ts ~iwn to p~1? tvro or mon tnstN~?~i" ~t ~ny i~ataMMnt m~twiry d+fe, bu~ Ndt ~h~i1 ~wt ex
t~nd tht timt of mu?ilp d N+y a~qo~u inqaM~nt- t~itF?er fwbwano~, nor +oaPt+na bY t!M hokLr lwr~af ~ftu any d~fauN L~ ~ny
t»Y~+wnt Mnon, siwp b~ de~er»d uct~m7oe: .
Eacfi m.h... .ur.h .nd .ndon.r h.r.oi, ioi~u~y ~nd .~vs.atFy. M?i~ws d.~, pra~mm~+. wctpt smd eaio. of pra.a tor nor?p.y. .
m~nb ~nd fvrthK +prMS b a~r ~xtKUion of tim~ o~ p~ymaH. N1hsr beion o~ afqr m~turity, vri~lavt nolio~ to a~? of utj and b p~y ~q
oos~s of edMc~ion. inckrdinp a nsao~bl~ an«nry'a f~ in tiw ~vant of any defavlt Mna+dsr, and ha~by sevardy w+iva ~II b~rafit of
homesl~ad ~nd exenptioe~ u~Kl~? thi oomNtution +nd laws of tach ShN of the U~wtd Sf~ta. ~a ap+i~t 1Ks obli~atioe or an~r ext~mion
or ra+~?s) henof.
1Antna. ~w~d .na s~al of .sch P+r+r. ~AL)
, . •
-(s~~U 9
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t
ancl shall perfo~m., eomply u~ith a~ad abide by e~ch and ezery the stipulations,
agreements, conditions ctnd coaenants of said promissory note and of this deed, then
this deed ctnd the estate herebJ creacted shall cease and be null and aoid.
~ ,t~It~1 the said .1~ffort~a~'or hereby covendnts and Qgrees:
f
~ .1. To pay all and sin~ular the prin.cipal an~l interest an~i othPr sum.s oj money
€ payable hJ L~i.rtue oj said prom,iss~rJ note a~rd this deed. nr either, proniptlJ ~~n the
~ days respect,ively the same severally come dice. ,
~ To paJ all a~ul si~r.gular the t,axes, assessm.ents, levies, liahiliti~s, ~?bligations
~~r.d encumbrances oj everJ nature on said described ptopertJ ea~~h arul every, and
if the same be not promptly paid the sa,id .Mort~a~ee may act any time pay the sccme
without waiain~ or afj`'~cting the option to foreclose or dny right hereunder, and every
payment so made sluall bear interest from the date thereof at the rate of 6 '
per cent. per ccnnur~t.
7'o pay all and sin~ular the costs, char~sPC and expenses. i~rcludin~ law~er's
fees, reasonar,bly incurred or pcLid at cLny time by said .M~ortga~ee becatese of the fc~ilure
on the part of the saic~ .Mortgca~or to perform, comply uzth a~ad abide by each a~ad
every the stipulactions, c~~reements, conditions and covenants of' said prumissory note
and this deed, or either, and er~ery such payment shall bear interest from date cat the
~ rate of 6 per cent. per annu~n.
~
~ To keep the buikiing now or hereajter on sau] [and i~rsured in a sum. not
lessthan full insurable value
~ D~, in a companJ or ~ompa~aies to
be approved by sccid JKort~ci~ee, c~nd ~he polic~ or policies held by and paya,ble to said
.Mort~sa~ee, and i.n the eaent any sum of monpy becomes pa.yable under such policy or
policies, the JlTort~agee slualt have the opti,on to receive and apply the same on account
of the indebtedness hereby secured or to permit the .hTortgdgor to receive and use it, or
dny pa~rt thereof, for vther purposes, wi`hout tlr,~reby waiving or impairing any equity
lien or right under or by virtue of this mort~sa~e, and may pla,ce ccnd pay for such
insurcance or any part thereof, without waiving or ccffeeting the option to foreclose or
any right hereunder, and each and every such pay~nent siuLll bedr interest frnm date
cct the rccte of 6 per eent. per annum.
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