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Home My WebLink About0557 _ NoN. 'U ~nec~.W~ ~~HON .w N0~1?Ir hWM~N4~VW1~1 Iut~1Md~ ~-.~t~SfT7!•"'~ ~~rr~.m.~n•TT1"~ ~ Mortgagt Nott ~ ~ S v,,,~,. , Flor~da JU y( 1972 ~ FOa VI?tUE RfCE~vE~ rM und.ri~~nwi pron~is~: ro ar ~o ~h. c?der ol ~ `,~~SNE LEYIfi and Sl~llli LIRS~TZ..-at TrusLat . ' _ i i ~^r p.~nuaal sum of r1I~lE ?N~1USJ~lO ~I61iT NUbURED 5EYENTY F1VE at~d l$~ii~. - ~ ~ - ~ •~.Qollatt rcqethN w~th ~nter~s~ ~h~.wn a~ ~M ra~~ d ~1.. . p~ <~nl pM ~nnum frqn ~iE~ . . _ ~ ,.~,nt mafunry. barA pr~nctpa! and ertfMUl ~in0 paY~bl~ in l~wlul MoeNy ol tne Um1~c! S~~qs. wtA princip~l wm ~nd iM~nst paYaW~ in insl~llen~nts ~s follows: i ( The sex~ of 52.440.94 on the 31st dqy ~f 3uly, 1973 end a 11k~ sue~ on th~ 31st ~ day it sach sucoesslve y~a~ th~re~?iUr unt11 paid 1n tu11. ~ ~ i f ~ ~ Sueh ~ns~allment psynwnls fh~ll b~ applNd firsf to IM intK~sf Ktrwnp undM fh~ I~nns o1 fha npN ~nd IMn fo a ~~dutfion d fh~ pintipal ind~W~dn~ss. 1he mskers and ~+dorsNS ot this not~ iwtlwr prN to wa~w dunand, nWee~ d~~n1 snd pW~st and i~ tM ~wM suit sMll b~ braphf 4or 1M i ~ co!lec+~c+n hereol, w?M s~n» Ms to b~ eolbeNd upon d«nand of sn sltan~y, to paY rNSOn~p1~ sttor~s INS fw inaki~p weA edl~etion. Ail p~ynwNS Mrr f ~ndsr shsll b~s. inta~as~ al tM raN oF .~.~t~.......patMt pK ~nnum horn mafurity until paid. This eo1~ is Ncv~d plr ~ rnoMpap~ o( wM da1~ Mr~with ~nd is to ' be co~suoed a~d Mfwc~d ~cco?d~ny to ~M law~ d tM S~a~ ot Flwida: upon d~(wlf i~ fM p~ynwM o( principal ~nd~a inl~rast wMn due, tM whob swn of ~ v~~~ooal and ~nt~resr .~~nin9 unpa~d s~it, ~t fM oplion ot th~ Aold~rs, o~ton» in~dial~lY dw ~nd piyaela. Failun Io ~a~rcisr fhis optia~ sMll not eonslirul~ ~ a wa+ver ol ~he r~9h~ ~o ~xsrc~s~ tM s~m~ in IM ~vMl O~ fubfpu~nf d~laull. ~ PaYrwe a~ lincoln Road . -__Suitt YG2. _ . _ . _ . . _ _ _ _ _~sE~~~ ; ~ ~F.t;l J . ; 3~~ 1tE ~ ~ ta~t ~rach, Florida_ . _ . _ . . . . . . :~sE~u SHEL81? 8. !~'QORE ~ _ . o~ sucn o~he. p~ace a: shalt D. .......rSE~I! ~ des~yastsd by IM hold~r of Ihis ; ~ots ~n wr~t~n9. . _ _ _ ~SfAI) I anA ~hW dulY. PrompUy aad fu1lY Perlera~ dl~ar~e. execute, eitect, compl~ta~ oomply with aad a~d~ by ~ach and every the aUpulations, agreemant~. condltion~ and coven~nta o! said promis~ory note and of thi~ mort~~. thea thl~ mortgage and ths estats bsreby crssted ahall ceaae aad bs null aad vofd. It ie undeeatood th~t eacb ot th~ words. •'nota° "mortgago~' aAd ~'mort~a~e~" rerpecUvely and ths pron- owu referring thento, whether !n th~ dngular or plural ~aywl~ers in t1W most~ap, ~ha11 pe dngulu. ii oae only and ahall be plural ~oinUy and sevetally~ it mora thau one. add ~ha~1 b~ ma~culin~, terdnine aadjor neutes. whsr~ ever the context ao impliea or admits. And aaid Mortgagor fo? hlauelt ~nd his heirs. legal repre~entatlve~ s~u:c~ors and a~sign~, hsreby coven- ants and agrees to and with said Hort~sgee~ hia legal repreaeatattve~~ sucea~wr~ and uaigns: 1. To pay all and aingular the prlncipsl and interest'~and the ~ariou~ and ~undry ~um~ of money payable b~ virtue ot said promiaaory note. aad Lhi~ mortgage, each and every~ prompUy on tD~ d~y~ reapectively fh~ wn~ aeverally become due. . 2. To pay all and singvlar We taxa~, aaaea~ments, levie~. Habllities. oblfsatfons aad lncwnbrancea ot eveq nature and kind now on said deacHbed property. and/or that hereatter may D~ fmpo~eA, sutfered, placed, 2evled or asseased thereupon, and/or that hereafter anay be levied or aaeessed upo~i thi~ mortgage aad/or the lndebted- ness aecured hereby, each and every, when due and payable according to Iaw, befor~ thsy ba~wms deIinqueat~ and before any interest atiachea or any penslty is incurred; and 1n ~o iar a~ any tLereoi ta of record the ~am~ ~hall be promptly saUsfled and dlseharged o~ record and tAs orlgtnal offldal doeumeat (such a~. for instance. the tax receipt or the satisfacUon psper oMclally endorsed or cettitled) sha11 be placed ia the haad~ oi ~aid Mortgagee within ten days next aiter payment; and in tbe event tl~at aay t~reoi 1~ not ~o patd, ~atLtLed and dlscharged, aaid Mortgagee may at aay time psy the aame or sny part thereof without wdvtng or atfectinj any option, lien. eqWty or rlght under or by virtue ot this mortgsge, aaQ t,h~ in11 ampynt of each aAd ewrp such psyment ehall be immedlately due aad payable and ahall bau fatera~t troip tDe date thereo! uatil pald at the rate oi ten per centnan per aaaum aad together wiW such int~t~t s2u11 bs aseursd by the liea of tbls mortgage. S. To place and conttnuowly keep ort the bulldings now or hereattar dtuat~ on p!d land fir~ and windstorm . ! insurance !n the u~ual siandard policy torm, !n a sum not less than the hi hest ~nsurable~,?a t._..._._.........~......__._ ~,~r oom- pany or compaaies aa may be appmved by satd Mortgagee; and all ~uch insuraaos polide~ on any o! ~atd butld- ing~, sny tnterest thentn or part thereof, in the aggngate sum aforeaaid or in e~coe~s thereof, shall contala th~ e.~ual standard moMgagee clause maktng t,he loss under eaid polldea, eacb attd erery, psyn?bls to said Mortga- gee as his interest may appear, and each aad every auch policq shall b~ promptly BWvered to and held bq ~sid Mortgagee; and, not less thatt tea days in advance ot ttte ezpiratlon ot eacb po1!c~?~ Lp ds]lver to aald Hortgage~ s renewal thereoi, togett,er wtth s receipt !or tl~e premtum o! auch rsne~val; aad thers shall bs no such Uuur- I ance placed on eny of eaid bulldings~ any interest therein or part thereoi. unles~ in the form aad arith the loq ; payable as atoressld; and in tJ?e event any ~um oY money becomes psysble tmder ruch poHcy or policies saiA ~ Mortgagee ahall hsve the apUon to recatvs aad applq the eame on account of th~ iadebtednea~ ~ecured hereb~ or i to permit said Mortgagor to rccelve aad uss it or any part thereot for othet purpo~e~ ~viWout tbersby waiving or impairing any equity, lien or rlght under or by virtue ot thle mortsage; aad fn ths eveat uid Mortgsgor shaU for any reason fail to keep the eald premLes so inaured, or fall to dallvar ptnmpti~r any of iaid pollcla o! inaurancx to aald Mortgagee, or tall prompUy to paq fuUy eny pnmfiun therefor. or ia aay rs~pect fdl to pe~ aa form, discharge, execute. effec~ complete, comply with and aLide by t2W o~veaant~ os any part hereof. said Mortg- agee may place and pay for auch taauranos or atiy part Lhersoi tivlthout waivias or aflectfag sny option, linu. equity or rfght under or by virtue of thit mortgage, snd the iull amount of each aad evesy ~uch ptymant ~hari be itnmcdlately due and payable and shall beat fnterest from the dste thu+eoi unW patd st ths nte ot t~ean per centnm per annum and together with nuh fatuwt rhall bs ~ecured by ths ltea oi t1~L mortaaaa 4. To permlt, commlt or ~utier no wa~t~ lmpatrrneat os dsterWration ot Wd property or aqp part tbereoR. a. Zb pay all aad stn~ilu t2~e cwL. cbaRei ~and e:psn~e0. lncludias rea~ooable Lwyar'~ ies~ aad ca~t o~ abetrncte o! tltle. lncurred or pafd at aay tlme by ~sid Xortg~ss b~cauas aad/or fa the eveat o~ ths iWur~ j on the part ot ths said Mortgagor to duty. promptly anQ tull~ p~rfo~m. dl~charsq, a~[ecuby, eit~ct, cotpplet~ ~ comply with and abtde by each nad ever~ th~ ~tlpulationa, aac~stnant~, eonditfoos anQ ao~et~aab oi wld promf~. wry note. and Nia mortgags, any or eithsr, aad uld cost~. charSer aad ~acp~w~ each and everyr, shall bs im- j medlately due end paysble, whetber or not Lh~rs bs notlce, dsa?and, att~mpt to ~o~1Lct o~ sutt iull aa?ount of eacL aad every such payment ~h1~11 bsar fntsre~t lrom t~ dat~ tb~eol tmtll pald~~ s r~te o~ ten psr centum per annum• and all ~a1d owta. char6's~ aad aP~o~M ~ taenrnd or paia? to~ether with ~ucb la- teceat, ahW bs ~ecund by the Ilen oi tht~ mortja~s. ~ oK207 5~i7