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HomeMy WebLinkAbout5386 k+~P~~ti~~~ik~h+tihk~~tikk~~hhhti+~kkkkkh'~h~ ~ • l~. ~ a--- STUA gT Florida. _--1--~1_-_--.--.-. 197v 1 ~R ~g ~p to~j eq rder of_ ~ FC~~O~ IWD~~~O~~OIt~~q~~V~ {it~Dt~~ •~i10/117~~-..-M-....~~~.. - ~ - ~ ----~~~ii ~ao~~~llori~-----------------------------------------------~~--- . _ -~o~~nas. ~ ~i at - - - ~.or such other lace as the holder ~ ~z, hereof may designate in writing, together with interest from date at the rate of . ~ce~?~~~~num on the ~ ~'~~~~=dP~ ~~y~l~;e ~FjArincipal and interest shall be due and payable ~ ~ ~ k ~ ~ ~t ~ = If dtiavN b~ ~n~ fa . . d~YS in N+! par~~t Of Y~y installm~nt of pint~p~l q inprest u s~r M•~ ~hereof. rl~''WAple aum rhen .ema~n,np ~ ~npaid w7tA in?crest aMll ~t hotda'f ope~on becom~ du~ ~nd paWbN without noric~. A~kn~ ro•aNUU a~cA opLOn shall not constit~te a wa~ver of tb~ r~qht ~o ueruse IM ~a/nt ~o Mw ewnt of wbapaent def~~lt Afrer marur~ty nc~ inty~~ hill bear interest ~t . . ptr ccnfum per annom = unt~t pa~tl. iFN m~'ttr~ M+d tndorun oi Iins .wtt fur:hat wa:v~ dsmu.~ot p~~. r~~ *~~s r.~~s r.^t ~~d enerv+~N ~nd Ny is plaad wiM an ~t?ornhr fa tolNcnan. M+~ m~k~n ~nd ~ndwwn h~wf ~yrN fo ~II coats d thdion, i~clud~n9 all covrt wsn and r~~wruble ananev fe~a. t; ~ r3Y : , ~ ~ . - • . . . a ~.a r.:/C. ~ C~il~ - - - (SEAL) ~ o~ IDAt O.OtUMEN AR~ tA P i A 7c ~ " ~ `O e'E~Oi REIIEM~ c1 (SEAI) ~ • ~ ~'~T' ~ _ ~ ~ ~ ~7 ~ J~4440++,.''~-0w~: .tiv~.+{».'~,}T~.'-:~:-:».'-~«.'h'k'w~:~~hh^~ti.t~{,»hti.}fi;~'k'~s~.ti{».Sfi~.'w:w~ ~ ~l110? ~ . ~ and shall duly, prompUy and fully perform, discharge, exccutP, effect, complet~, ~-omply w~th and abide by eaeh and everv the stipufations, agreements, cond?tioiis and covenants of sud prumissvry note and of this mortgage, then thi~ mortgage and the estate hereby created sh~U cease and be null and void. It is understood that eacY, of the H'OClli. ~~na:e," "mort~;agor' nnd "mortRagee" respectively and the pron- . OUI19 tefernng thereto. whett~er IR LtIC `Jlli~'Uft~f ui' E~iii~.if n~iywi.rir i~l ii~~a it~.vi:F;dKe, ai~ni? ue sii~buaaa :i Gi:c and sha11 be plura) jointlt and se~erally, i[ more than one, and sh:tll be mri.vculine, feminine and/or neuter, wner- ever the context so implies or admits. And said Mortgagor for himsetf and his heirs, legal representati~•es, successors and assigns, heteby eoven- ant~ ana agrnes to and with said Dtortgagee, his legal rep:esentatives, successors and asslgns: l. To pay all and singular the principal and intereat and the various and sundry sums ot money payable by ~ virtue ot said promissory note, and thi~ mortgage, each and every, prompUy on the day~ respectively the same ` ae~~erally become due. - ! 2. To pay all and singvlar the taxes, essessments, le~ies, liabilities, obli~ations and incumbrance~ of e~ery f nature and kind now on said descnbed property, and•or ihat hereafter may be imposed, auffered, placed, le~-ied ~ or assessed thereupon, andi or that hereafter may be Ir~•ied or a~s~•ssed upon this mortgage and: or the indebted- ness secured hereby, each and e~•ery, ~~•hen due and payable acrording to law, before they become delinquent, and before any interest attaches or any pen3lty is incurred; and in ao far as any thereot is ot record ihe same shall be promptly satisfied and disrharged of record and the on};inal off~cial document Isuch as, for i»stance, Lhe tax receipt er .he satisfaction pa~~er off~cially endors~d or rertified~ shall be placed in the hands of said Mortgagee w~thin ten days next atter Pavment; and in the e~•ent tha[ any thereof is not so paid, satisfied and _ discharged, said biortga~ee may at any Ume pay the same or any part there~[ w•ithout wai~~ng or affecting any opti~n, lien, equi[y or right under or b~• ~•irtuP of this mort~a~~, and the fttll amount of each and every such payment shall be immediately due and payab:e and sh:t? bear interest from the date thereof until paid at the rate oI ten per centum per aanum and h~~e:h~r ~+~th su~h interest shall be secured by the lien oi thie mortgage. 3. To place and continuously ke~p on the bu:i<im~s now or hereafter aituate un said iarid fi~ sn3 win3storm insurance in ihe usual siandard puli~y form. in a ~urn n~~t less than S ~AR~1138l.- in such com- pany or comp^aies as may be apprrn~ed by ~a:~l ~1ur!~a~re: ami al! vuch insunnce policies on any of sxid build- ings, any interest therein or part thereof, in the n~,r.•<:tte sum 3[or~~aid or in exce9s thereof, shall contain the usual standard m~rt~A~PP clause makin~; the l~~~s ur.d~•r said pol~cies, each and e~ery, payable to said Mortga- gee as his interest ma}~ appear, an~~ eac•h a^d ~~~Nr~• s:~~ h p~l~cy ahalt De pmmpily dPli~•ered to and held by said 1lfortgagee: and, not less than ten daps in ad~•anre of the Pxpiration of each policy. to deliver to said btortga~ee a rene~val thernof, to~ether w•ith a receipt fnr ihP prPmn~m nf am•h r~n~wal: and thPre shall be no such insur- ance placed on an}• of ~aid bwldin~s, any interesL th~rein or part thenof, unless in the form and with the loss payable as atoresaid: and in the e~•Pnt an} sum of manep beromes payable under st~ch pollcy or policies said MoriRa~ee shall ha~•e the opti~~n to recei~•e and apply tt~e 4am~ nn account ot the indebtednes~ secured hereby or to permit said ?ltortea~or to re~ei~•F nnd n~e it or any ~art thereof for other purrwse9 without thereby waiving or impairing an~ equity. lien or r~ht under ~~r by ~•irtue of this mortga~e: and in the e~•ent said MortgaKor shall for any reaso~ faef to keep the sai;1 pr•~nua~•~ s~ in~ur~d. or fail to delf~~er promptly an~ ot said policie9 nL ins~rance to satd ~tort~aRc~e. or fail prompth• tn p:~~• f+illy any premium therefor, or ~n any respect tail lo per- torm. dischar~e, execute, effect, complete, comply ~~~th and ani~:e by this co~•enant, or any part hereof, ~aid 1?iortg- ageP may place an~i pa~ for s!tch ~naurance or any ~+art there~f with~ut ~-ai~ing or affecting any option, liPn. equity or riRht under or b~ .•irtue of this mort~a~e. an~f thc fu? amount of each and every such paytnent shatl be imrrzediately due and pa~•able and vhall bear intPrest from the date ther~of until paid at the rate of ten per centum per annum and to~ether w~ith such lnterest shall be secured by the lien ot thls mortga~e. 4. To permit, commit or autter no «•~te, impairment or deterioration of said property or any part thereot. 6. To pay all and sin~ular the costs, charRes and expense9, including rea9onable lawyer'e teea and co~t o! abstracts ot title. lncurred or ~aid at any ttme by sald :?tortgagee because and~or in the event ot the fallure on the part oi the said MortRa~or to duly, promptly and fully pertotm, diacharge, execute, effect. complete. ~ comply v~-ith and abide by each and every ihe stipulation~, agreements, condiUon~ and covenanta of said promis- sory note, and thi~ mort~a~e, any or elther, and sxid cost~, charge9 and expenaes, each and every, ahall be tm- ~ mediately due and pa~•able, whether or not thece be not~ce, demand. attempt to collect or ault pending: and the ~ full amount ot each and every ~uch pa~~rnent shsU bear interest trom the date Lhereof unW paid at the rate oi ten per centum per ennum; and all eafd coate, charges snd eapenae~ so lncurred or pald. together wfth euch ln- terest, shW De secured by the lien of Ws mor:gage. SQ~r 2O~ F~"~ ~J~ ~ . ~ ~ ,f;- a,. , : ~ ~ ~ _ _ . . - . ~ ~