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HomeMy WebLinkAbout1232 . ~~o~ J ~ . N~~e~~:c~ar i9 `l~ f . _ _ STUAA?. Florida. . . _ . _ _ _ i FOR VlILUE RECEIVED. !h~ u~dersigned, joiollp and s~t~rallp. PROMISE TO PAY fo !h~ order oi J.r:NS.r~N. 8.r:~.CY3. .B,A.NK,...a..Flo.r.i..a .~ac~~~i.~z.. ..~.~r.~~.~.ra.s~.n . . . . . ' TZu.r.~e.~n 1'~~,~.u~~na:..----.-.-.-.-_-.-----__----.-.-.--.-.--.--.-.-.-.. ..-.-.-.--.--.-.-.-.-.--AJI_.1.: DOLLARS. a: . Je.~e.~...~zac~i,....,F~vr~:a.a..........-~ ot .u~~ o,~e~ place as ihe holde~ l hareof maT d~sigaaf~ in writinq. loy~th~r ~?i!h inleresf lrom d~1~ at 1 tal~ 0 7~~ . per centum pet annum o~ ihe uopaid balanc~ unlil ~naiudt~. Th~ said principal aad inle:esf shal due and ayabl as follow:: ~1~~. ~~er Ll:,a~h, ~ie firs ~uc;~ ,.ay :enc t~ ~..=l~:e aue ~ne ::~on~t~ fr~m ii~e :~aia ~iere~f anci :~e su~~ J (11@ ,~a~:: ::ay of ~actl an:~ ~ver,~ t.:J11ti~ ;.l:eraaf~@r tllitl~ [~1 c:: irA ,~i'~ 1.~31 3Qa 3 ~,CLrU~._ intere~c 3tia.u i?ave oeen ~.ai:i in full. Trca ~l, xe c~era~f rase ve the ri ~h~ c~ pre~aa.,~ ar,; 3:.,~unt u.e~•ec;f wi u~ N nali,~, 11 d~laiJt b~ ade ler I.J d~lrs s t6e pa~nreat o u~r iastal ent o1 O~~~ipal or Int ea~ or any part tAer~o/, 1he rSole sum 1Aen remai~in~ +,nD~id wiW intrttst 1) ~t holder's option ms du~ awd par le .~ritsout otice. Failure lo c~ cise sucA option ~hall not co~stitul~~~.aiver ol tAe ri~h1 lo c=ercise tA aame ia lM e~cet e1 su putat de(aul4 Iler qaaluri[r botA p~incipal aad ccrued iot~?~st shall bear inter~st at `j, prr c~etum per annum uatil Pa . The u+akers ~nd eador s ol tAis ao turtAer ~r~ive demand, aotice ol on-payment and protest. 11 this nute is not paid at n,~turity and tat • e it plactd ~rith an attorat er colleeH tbe auJttrs •nd tadosaera hereol a ree to pay all co~la o( colleclion, includin~ all court cost~ and reaaonab ~ttoraer leea. ~ ~3T`y . Br..S~.7Lt~- - _ _ . tsEAL, A oF Fl., t~~ ~ . OOCUM NTARY~,, ~...4, 5,~,~MP T13X ~ . ~ . . . . _ . . tsE~L~ ° "''s . T, ~ c a OEPT. OF R ~ 2.,~ ~ ~ ~ : ' I~,\:~Jt'.v.~.~ J~ 4~~.J~.4 ~ - ! ND11li'~! ' ~ ~.5 ~ ~ . _ IS~AL1 K O ~ . ~ p ~ N100 i and shall duly, prompUy and fully peKorm, discharge, executP, eftect, compte[c~, comply with and abide by each and eti•erv the stipulations, agreements, conditions and covenants of s~id prom~s~ory note and of this mortgage. then this mortgage and the estate hereby created sh~ll cea~e and be null antl vo~d. It is understood that each of lhe wonis. "note." "mortgagor" and "moYtgagee" respecti~•ely and the pron- ouns referring thereto, whether in the singctlar or plura2 anywhere In this mortgage, shall be singular if one only and si~all be plural jointly and se~erally, if mure than one, and shall be magculine, feminine and/or neuter, wher- e~•er the context so implies or admits. And said Mortgagor for himself and his heirs, legal representatir•es, successors and assigns, hereby coven- ants ana agrees Lo and with said 1?iortgagee, his legal representatives, successors and assigns: 1. To pay all and singular the principal and interest and the various and sundry sums of money payable by virtue of said pmmissory note, and this mortgage. each and every~ prompUy on the days respectively the same severally become due. 2. To pay all and aingular the taxes, assessments, levies, liabileties, obliAations and incumbrances o[ e~ery nature and kind no~v on said descnbed property, andlor that hemafter may be imposed, auttered, placed, le~~ed or assessed thereupon, and/or that hemafter may be levied or assessed upon this mortgage and%or Lhe indebted- ness secured hereby, each and every, Nhen due and payable accordin~ to law, be[ore they become delinquent. and before any ~interest attaches or any pen3lty is incurrcKi; and in so taz as any thereof is of record the same shall_ be promptly satisfied and discha bed of record and the oriRinal official document (such as, for instance, :he tax receipt or the sstis[:iction paper of[icially en~ior~d or certifiedl shf?11 be ptaced fn ihe hands of said Mortgagee ~t~thin ten days next after rayment; and in the e~~ent that any thereof is not so paid, satisfied and discharged, said lliortgagee may at any time pay the s;ime or any part thereot w-ithout wai~~ng or affecting any opti~n, lien, equity or right under or b~ ~•irtuP of this mortgage, and the full amount of each and every such payment shatt be immediately due an<i payable anil shal! bear intcrest from the date thereof untii paid at the rate ot ten per centurn per annum and tu~ether K~th such interest shall be secured by the lien of thia " mortgage. 3. To place and continuously keep on the bwldfn~s now or hereafter sttuate on said laad fire and windstorm I'i insurance in the usual standard policy Corm, in a sum not less than E..--M-~--~.--~u~-.-----.-•--.-----.-•---.. In such com- ' pany or comp~:ai~s as may be approved b} sai~i Aturt;,~ate~e: an~i 111 s~erh insurance policies on xny of said build- ings, any interest therein or part thereof, in the n~~ra:kate sum atoresaid or in excess thereot, shall contain the I usual standard mort~agee clause mak~n~ the lu~s ur.d~~r s:aid poliries, each and e~cry, payabte to said Diortga- ~ gee as his interest may ap~ar, an~i each ar.d erer~~ s~,~•h pnl,cy shall be promptly delirered to and held by said i 11lortgagee: and, not less than ten ~fays in ad~an~~e of the expiration ot each policy. to delirer to said MortRaRee € a rene~val thereof, to~ether Nith a receipt f~ir thp prPmium ~f Qu~~h r~newal: and there shall be no such insur- ` ance placed on any of ~aid buildin~s, any interest therein or part thercof, unle.s in the form and with the loss pavable as aforesaid; and in the e~•Pnt any sum o[ mc~ney becomes payabte under 9tICf1 policy or ~?olicies said Mart~;a~ee shall ha~•e the optinn to re~ei~•e and anply the same on account of the indebtedness secured hereby or ~ to ~rmit sa;d 1Lortra€or to re~ei~•e~ 1nd ucp it or any ~art thereof for other pur~wses without therebp waiving i or impairing ant equity, lien or ri~ht under or by ~~iriue of tteis mortga~e; and in the event said Mortgagor shall ~ far any r~1so~ fail to keep the said pr•~mis~s sn in~ur~d, or fail to deliver prompUy any of said policies of ; insurance to said :linrt~l~ee, or tail promptly to pay fiilly :tny premium therefor; or in any .res(?ect fail !o per- form. dischar~e, execi~te, eftect, comp)etP, comply «-ith and abi~le by this covenant, or any part hereof, said \tortg- agee may place and pay for se~ch insurance or any part thereof without waiving or affecting any option, liPn, ! equity or riRht under or by ~•irtue uf this mort~age, ancl the full ~r~ioiint of each and every such payment shall ' be immediately d~ie and pa~•able and shall bear intPrest from the date thereof untll paid at the rate of ten per centum per annum and together with such interesi shall be aecured by the lien of thla moctgage. 4. To permlt, commit or suffer no ~easte, impairment or deterloration of said property or sny part ihereof. 6. To pay all and sin~ular the coats, char~es and expenses, including reasonable IaKyer'a tees and cost ot abstracts ot' title, tncurred or ~aid st any time by sald 1?i~rtgagee because and/or In the event of the failure on the part of the said ~tortRa~;or to duly, promptly and tully peKorrn, dlscharge, execute, etfect. complete. comply ~~th and abide by each nnd every the stiputations, agreement~, c.onditions and covenant~ of said promis- ~ aory note, and thi~ mort~age, any or elther, and said cost~, charges and expenses, each and every, shall be im- ~ mediately due and pa~•able, whether or not there be not~ce, demuad, attempt to cotlect or auit pending: and ihe ft?u amount o[ esch and every such pavment ahall bear interest trom the date thereot until pald at the rate o! ; ten per centum per annum- and all safd co~te, charges snd expenaes eo lncurnd or paid, together v~~ith auch in- tere,t~ ehall be aecured by the [ten ot Wa mortgage. i _ ~ 347 racc 1004 0 ~ ,~248 ~1~ : ~ ~ ~ z.. ~ - = ,>x~' ~;sS~ ~ d . ~ ~ _ _ .r ~ .