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HomeMy WebLinkAbout5015 T4 HAYE AND TO HOID the same, together with the tenements, hereditament: and appuMenanoes, unto ths Mortgagee, in fee simple. AND the Mortgagor does hereby oovenant with the Mortgagee that he is indefeasibly seized of said land in fee simple, that he has full power and Iswful right to oonvey said land in fee simple as aforesaid; that it shall be lawtul for the Mortgagee at all times peaoeably and quietly to e~ter upon, hotd, occupy and enioy said tand; thst said lsnd 1: fres from all'incumbrsnoes; that hs wili make such funher aiturancet i~ prat~ t« ~ s~~p~a !st!s ta sak! l3ns! In th~ Mo~tgagse a: may reasonably be required; that he does hereby fully warrant the titte to said land and will defend the sams again:t the lawful claims of all persons whomaoever. PROVIDED, AtWAYS, that if the Mo~igagor shall psy unto 1he Mortgagee the ce~tain promi:sory nots of which the followin~ in words and fiyures is e hue oopy, to-wit: 1~iORTGAGE NOTE 6~ 5 0 0.. 0 0____ ? Tcq~esta. Flo~ida NpV . . . 19 - ~2 i 0~~ AFTER OATE, FOR VA~UE RECEIVED, W~, jointlp ~nd NvK~llr, pwmis~ b pay b tM ordK of FIRST NATIONAL BANK AND TRUST COMPANY, JUPITER/TEQUESTA » Teqveau. Flwid~. p sucfi other pl~cc as Ihe holder hereof may, f~om tirni ro time, design~te io w~iting, the sum of _ ~ -.-_-~~.X~y..~:iY~.~iunc3rPd & nn/1D-II--cs--:_65 ~.Q.-O~OouNts r~.~+». t.«~ - _ _ - I K ~n. of seven - _ _ c.Z,-4--x~ v« p.. a, N,. a~.i ~ w w,~. ~.w, ~r„ ~ Seventy-five & 48/100-- 75. 48 ~ ~ ~g p, ~ ~ intallm~nts of - K--.__ _ ~7~~ / 19.~! ;-and on ?he day of t~ch ~nd ~vKy month tlw~afN~ unt~l ~11 wn+a du~ iw~wwl~r ar~ fidl~/ pNd and utisfwd ( Att p~ym~nb p md~ sMll finr b~ appli~d q th~ payrr~nt of aonu~! inrcrest ~nd ~he bd~nce eh~wt ~hall b~ ~ppli~d ~o th~ p~ym~m of th~ ~ r«n~~.dw of tM principal w~ ~ l~ryer w drGrional ~wro rewY b~ p~id ~t ~ny tim~ ~t tlr option of th~ makers hsreof, without PemRY. bw t!r paym~nt of any larp~r a~ddtiond swn a aums in advsnot of th~ p~yinM+b h~nby rp~ir~d ~II nw r~li~v~ ehe makan d th~ paym~nt of tht rpular wwallm~nb Irr~in povid~d fa_ ( tf. (or any r~pon, any o! th~ pyrnnb du~ hereund~r ~ema6~ past du~ ~nd unpaid fo. a pKiod o( FIFTEEN (1~ d~ys. • lat~ dwy~ of two pw aMt (2%) of ths rot~l p~~nt w dw and unpaid will b~ md~ and slwll b~ add~d M o? d~d~ct~d fran tiw montlJY WY^~~ w~ Wd: P~~~d. how- tvK. th~t no ~irg4 dwy~ shall ~xaed :5.00 ia r~tp~ct b~rry oM wd~ ish p~ymu~t. upon s.~~u.. w P.,, .n,, in.t.~l~m a,» ~».«,.d.. ,~th~ n~~mr (3c~ d+r. .h.. th. ..m. b~ao~~., aw .~a P.r.w.. ,h. «+w. w:~ap.~ .«~.hrw w~p~id on this nort. IoyetMr with aonwd intK~ett. ~MII b~mnr dv~ ~nd pay~bk, at onn, w»hout ratits, ~t lwld~~s opeior, and tNs noN m~y b~ placed in ~ hands of r~ ~nwnsy-aNwr for cdl~ction. In th~t ~wnt, it ia preed a+d pramised by the eeykert and ~ndors~n w pay dl aoaa of such cofkc~ion, includ~rg re~wn~ ~ttorneys' f~es. Th~ m~lwrs and ~ndprsvs of tius noh w~iw pr~wntma~t fw paym~nf, protsat, notip of prolNf ~nd ^~?WY~t of this not~. ~ ~ _~..5~ -~hdrles-- A.-- Nug~n~-r - Jr. RE~W ~ I /s/ Barbara A. Nugent ~ and shall promptly perform, comply with, and abida by each and every the stipulations, agreements, conditions, and covenants of said promissory nete and of this deed, then the estate hereby created shall cease and be null and void. AND the Morfgagor does hereby oovenant and agree: 1. to p~y •0 ~nd sinqu4r th~ pinciP+~ and imv~st uid oMw awro of monw WY~bI~ bY virM of wid prani:aay nW~ and Mis monp~q~, a~itMr. P~~P~M en eh. d~r. n.a•div.h, ni. s.m. s««dly eoa~. a~,.. 2. To p~v ~II ~nd sinqut~r rh~ ~aats, sssessments. Iev~es. I~~alnies, obl~q~tions ~nd ~ncunbr~~ces of every na~urt o~ sa~o oescr~bed properh exh and every +.!+m d~e ~~4 pavabl~ ~ccadi~q to law, beiwe theY become det~nqwn~, and if the :sme ~hatl no~ be p.anp:lr w~d tM Mort9~pee rrwY ar any r~rn~ ~i~Mr befae or aNer dei~n~ee+cy pay tAe same w~~ho~t w~iv~~q p affecnny tAe oprion to fuecbse. o~ ~~r nyM Ae.evnder. ~nd ~very wYme~t so en~de sMll beu int~rpt lrom rhe d~te ihereof •t rhe ~~te pov~ded :n u~d prom~fsay note. To tMp tM buildinps u~d ~11 puipn~et ~nd p~nwrl popary rww w hwNft~r on said pemiws, cowr~d by this ewny~g~, irour~d in a swe M Iwst ~pwl fo tM u~p~id ba1~~ of Mis mwfp~q~, i~clwx~p fin. ~=t~d cov~rp~ ind vsnddism ~nd nrlicioua imw~nu fu prup~rri~s c~h~r Nyr? dw~llinpr, and tirr. ~arendrd eov~rap~ and ap~cia! fain oelwr prib imurr~a on d.wllinqs sli~bb fa aud~ bro~d~eNd eov+rsp~ - provid~d, horwvK. tM/ wd~ in~w~na b~ In ~ma~+t s~ffici~nt b comply with am co.irour~nc~ rpuir~nb cor~?inq ~ wdw ~M laws o/ rM ;aN ot Fbrid~. and povid~d furtlw Nw tlw policp w pol~ sMll b~ wrin~n in • comp~rry w cary~ania and fMo~qh ~n pw+cy ~atPsf~cary to tM Mo?fp~pN and drt said polic7r a polici~s shdl b~ Mld bq tM NlortapM and ~1?dl bwr • standvd N~w York Mwty~qN Clws~ wi~Awt conpibv~ion, nykinq th~ lou u~der s.id policies paraEb ro fl,. Monq.q.~ a~ id im~rbt mey app~rs •nd in tM ~v~nt wry swe of mwwy b~can~s p~y~ ur~ ~r wd~ Vd~ or potici~s, tM AAo~tp~yM sMH Mw ~M oprion fo r~ceiv~ and ~pply th~ wrr on ~ccoum oi th~ ind~bNdna~ Mr~b~. s~cw~d, a a p~rnrt tM Mwty~~or ;o ~~uiv~ ~nd vs~ it, w+nY Pwt N+a~of. fa otMr qwPw~s, without 1MnbY ~i a imp~i?„q ~nY pvih. ~wn, w~iyht und~r and by virtw of thia mwt~q~: snd in th~ ~v~nt th~ Mbrtp~yw do~s nor coinply with Aws cov«»m. Mr Mlwtv~pM rn~r Plsn ~nd pnr for wd~ iia~w~na. a+rw p+~ drr~o% withow w~ivinQ w eHKtinO opria+ ro for~cbw, or arqr ripM M.wndu and tM f~ll ~mou+t o/ ~ +nd rv~rr arch p~nr~t J»II b~ in~NM dw ~nd phrabf~ and sh~ll b~v htKest haw ~ d~N tF»r~of uotii p~id ~t tM raN ptovid~d in said noN ~nd topNl~ wifh such intMpt ~11 b~ ~cur~0 bq iM INn of 1hi~ mortp~y~• aeix~~9 ~2!Q~ - _ . . , . _ _ . -