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Home My WebLink About0776 ~ s 9, 48~. ' STUlIRT. Florida. '~~E?b6i" NOV. Z ~g72 - ~ FOA VALU AE IV A ders' n •e PROM SE TO P/lY !0 1he order'ot ~ JCHN . B G'~~ c~~~~ ~~O ~ING wiie Nine ~`housarl ~ ~undred Ei~ht-sia aad_~~8%100-==--=---=~===~-------•-- DOLLlIRS. . _ . at . . S.. .$1't~.. .~Q~~aa or such ofher place as 1he holder . . . _ . . . . ..._...n hereol maY designat~ in riting. ! elher wilh infesesl irom date a! !he rate o! 1~ per centum per annum on the unpaid dalanes uniil maturitY. Ths principal and interes! shall be due and payable as tollows: ~ Payable in 120 equal monthly pa~ments, includinq interest; the first such monthly pay- ent to become due one month from the date hereof and a lik~e sum on the same daq oi ~ ach and every month thereaiter entire principal aad all accrued interest ahall ve been paid in iu11. The maker hereo reserve the riqht to pre-pay ac~y amount hereof at ar~y time without penaltq. 30 (1 defavlt be madr (or . . dayt in lAe payment ol any ieatallment ol pnncipal o rest or any parl thereo(, t~c r4ole wm then rrmainint ~rnpaid v:th ir.te~est •hap at holder's option become due and Payable ~ithout nolice. Failure to tie " e wch opt~on ~Aall not conat~tWe~?~~ra:ver el the n~Al ~o exe~cise the aarne in the e~ont ol subsequeat delauit. Alter maturitr botA principal a d accr d int~rrst shsll Atar i~tcr~.t at ~ 7~~ p--r cen~ue~ v~. annum unlil paid. TAe maMers and ewdorstrs o( tAis note turther ~raive demand, notice f non- ym~nt and p?olest. If tA~s note is not D+id •t ~natur~ty and t6e same ia placed ~.1th ~n attorney tor colteetioe, the makers ~nd endorsers here to pay all custs ul collecl~on, ~ncludin~ all cou~t costs and tea~onable aitorney (ees. ~ ~ KUHN AND WONNELL L`. V. , P. A. (SEALi (C~rporate seal) ~y~ Its PresidenE ! ~sEAL' ~1 _ . . . (SEALI r~ and shall duly, promptly and fully perform, dlscharge, executr, efiect, comptetP, compiy w~th and abide by each and e~•ery !he sLipulations, agrecments, cond~tiutis and covenanLs of said pro~n~ssory note and of this mortgage. then this mortgage and the estate hereby created shall cease and be null and ~•oid. It is understood that each of the ~vords, "note." "mortgagor" and "mortgngee" respectively and the pron- ouns rnferring thereto, whether in the singuiar or plural anywhere in Lhia mortgage. ahall be singular 3t one only and shall be plurxl jointly and severally, if more than one, and shall be ma4culine, feminine and/or neuter. wher- e~•er the context so implies or admits. And said Mortgagor for himselt and his heirs, legal representatives, successors and essigns, hereby eoven- ant9 ana agree9 to and with said lliortgagee, his legftl representaL"ves, successors and asaigns: 1. To pay all and singuiar the principal and in:erest and the various and sundry sums ot money payabie 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 singutar the taxes, assessments, levies, liabilities, obliRations and incumbrance9 of everp nature and kind now on said descnbed properly, and/or that hereafter may be imposed, suffered, placed, le~~ed or assessed thereupon, and/or that hereafter may be levied or assc~ssed upon this mortgage and/or the indebted- ness s¢cured hereby, each and eti•ery, Hhen due and payable accoMing to law, before they become delinquent, anci b~fore any interest attaches or any pennlty is ii~curred; and in so far a~ any thereoi is o[ record the same shatl b2 prumptly satisfied and discharoed of record and Lhe onRinal offieial document (such as, tor instance, the tax receipt or the satisfaction paper officiaUy en~ior,kd or certified) shall be placed in the hands oE said ~tortgagee v~~thin ten days next after raymen:; and in the event that any thereof is not so paid, satistied and d"escharged, said 1?forigagee may at any time pay the s:~nie or any part thereo[ v?-ithout wai~ting or affecting any optibn, lien, equity or right under or b~• ~•rrtuP of th~s mortgage, and the full amount of each and every such payment shail be immediatPiy due and payable an~t shal! bear interest from the date thereo! until paid at the rate of ten per centurn per annum and t~~~eth~r with such interest shall be secured by the lien of thia mortgage. 3. To place and continuously ke~p on the bu~ldin~9 now or hereafter 9ituate on said tand fire and windstorm insurance in the u~ual standard pulicy Corm, in a sum not less than S..- in such com- pany or Comprzics as may be approvrd by sai~l ?lfnr:;;a~~~e; amI aU such insurance policies on ttny ot sAid build- ings, any intrrest therein or pari thereof, in the a;.~r~kate sum a[omsaid or in excess thereof, shall contain the asual standard mort~agee clause makin~ the l~~~s urd~~r sald (wlicies, eavh and every, payable to sai~ biortga- gee as his interes[ may appear, an~i e:~ch a::d erery su~•h policy shall be promptly deli~•ered to and held by said Dlortgagee; and, not less than ten days in ad~an~e of the expiration af each policy, to deliver •to said I~tortgagee a reneival thereof, to~ether w•ith a receipt fnr thP prPmium nf vn~•h mrtewal; and there shall be no such insur- ance placed on an~ of ~aid bu~IdinRs, any ~nlerest therein or part thereo[, uNess in the form and with the lc~s,q payable as atoresaid; and in the e~•Pnt any sum of money becomes payable under such policy or policies said 1~fortr;a~ee shall hare the optinn Lo recei~•e and a~p!}~ th.e same on account of the indebtedness secured hereby or , to ~rmi[ sa;d :ltort~agor to recei~•~ 1nd u~e it or any ~art thercot for other purposes without thereby ~vsiving or impairing an}• equity. Iien or ri~ht under nr by ~-irtue of this mortgage: arid in the event said 11'IortgaKor shall for any re1so~ t~il to ke~p the sai:l prenus~s so insur~d. or fail to deliver promptly any ot said policies o! insurance to sasd ~tnrtgaRee. or fail prnmpUy t~ p:~~ f~~lly :iny premium therefor, or in any respect faU to per- form. dischar~e, exc~i~te, Fffect, comp)etP, comply ~~ith end abide by this co~enant, or any part hereof, said Diortg- ageP may place anfl pay for s~~ch inaurance or any part trierp~f ~vith~ut v~aiving or affecting any option, liPn, equity or ri~ht under or b~ ~•irtue of this mort~aRc, an~l thc~ fuU aniottnt of each and every such payment shall be immediaLely due and pa~•able nnd shall beer int~rPSt from the date ther~ot until paid at the rate of ten per centum per annum and together with such interest shall he secured by the lien of thia mortgage. To permlt, commit or si~ffer no ~.•aste, impairment or deterioratton of satd property or any part thereof. b. To pay nll and sin~ular the costs, char~es and expenses, including reasonable lav~yer'a fees and cost ot abstracts o[ titte, incurred or paid at any tlme by sald rfortgnRee because and/or in Lhe event ot the fallure ~ on the part ot the said 1liortga~or to duly, promptly and fully pertortn, discharge, execute, effect. complete. comply wtith and abide by each and every the stipulation~, agreements, conditlons and covenanta of 9aid p:~amis- sory note, and this mortRage, any or either, and sa!d cnsts, charges gnd expenaea, each and every, shall be Im- mediately due and payable, whether or not there be nohce, demand, attempt to coUect or suit pending: and the full amount ot each and eve~y such pavmeni shall bear intereat from the date thereot untll pafd at the rate oi ten per centum per anrium; and all safd coste, charge~ end eapeneea eo lncurred or paid, together with auch la- tere9t, ehall be aecured by the lien of this mortgage. 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