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Home My WebLink About2147 ` 135 OQ0.00 January 30 _.,;r i: _ . uZtO Q23~~1~ Fi~Cit~3.__._ _ . u As below specified ' t - . • - - - _ . . after dato, 1, wc or cithcr of us premi;c to pay ~u ~F;.~ c ~ cf ~ Ricltard S. Schlomberg - 15/40ths; Gcorge A1. Harris - 10/40ths; Lesti•r i'. 1:~~t:~-.~; •i~~ciis a~ ~.Saul -r1...-Pusternack 6/.40ths.. all _owning -~n ur~div.ided._iiiterest__as tc;~:.nts in 40~~~,~ ui; ~ ~ -------ONE HUNDi:I:D THIRTY-FIVE Ti10USAKD ANI) ;~O/ 100---~ ~,~~i ~ - - - . . - - - - - w~ Law Office of Cai•1 ~Y. Turnei•, 1040 Bnyview 1)i•ive~ l~ort I.~iuc:cr~:;~l~, v for value reccived. WYable at---- • . . - - - • . ~ • - ~ l~lorid~, or such other plaee us payec n~ay desi~;n~te in writin~; ~ . . . • - - • - - • • - - - - . . . - w~ih ~n; annu.illy :,s f~om ~~S/.7-~.---- at ihe rato Of_ per tent per annum u~l~l paid; intcrest payablc •-~)l'~O~Y t~~lt't'1~ c: b Md exh of us wheli?e~ maker. guarantw or erxiorur, herebY severally wa;vet ana rcrwunces any and ail homctitcaJ cK~~n.~l~~~n ~~..;,t~ have urxler the Coml~fufion or lawt of the State o/ Flwlda, p sny otha~ State or Uniicd Statcs, as aga~nsf this rwle; arwi cach t~ni:x N.i,.~ ~ ~ ~lice oi ran Vayment and polest, and in the evonf it becomes necessary to colteCt th~s note tn?eu6h an attwney. asrc~s to Vay a:{ c.•. .~,f i~clw4nQ ~casonabfo ~tforney's fee. ~ The pi•incip~l of this note shall be due ~nd p~y~~bl~ in three e~~u~l ~11111U1I in~t,ili~~~~•~~t<< of ~45.000.00 ench commencing on Januai•y 30, 1974, and contim;in~; ~n the ::;~z~•:c~ of eiich .~nd every year thei•euftei• until snid pi•inc:l~~il stui~ is paid in ?^ill. In a~,~,ii~~~,, f~ to the principnl sum, interest shall Uc due nnd p~)~aUic ~t tt~c r.~tc ~f r., ~~•r :~~~r~~:~~; ~~ci a, ihe un~~c~id Unlr~nce fi•om tin~e to time rem:~inin~;. ln the event oi a~Iri.~i~lt i~~ ~ ment of pi•inciptil or interest which def~ult sh:ill not Ue cori•cctecl ~vithin 3i~ u.z~,•:• ;1~~~~•~~- ~fter~ then the entire remnining unp~id Ual~nee shall immediately b~eo~~~e cl»~~ ~~~c~ ~r.~y- ~ i ablc At the option of the holder of this note. This note may onl~~ Ue E~z•cl>~ici ;i~ ~;;1i until J~nuary 1. 1974, and thereafter it m~y be prepaid iil p~rt oi• in fuli ~viii~oiit ; pen~lty. This note with interest is secured by mortgage on rcal estatc of cvc» ct:,;c herewith, nnd made Uy the mnkei• hei•eof in favoi• of said payee, ~~~zc3 the te. in~ .,r~ic: y' morttiage :~re by tliis refei•ence mflde a pni•t herc,~of, and there sh.~;l l~e i~o l:~~r: cir,• ~ ~ liaUility on the mnker of this note nor shall the holc.ei• of this note Uc al~lc tu u deficiency decree a~ainst the maker, it being understood that the pro~~ertl~ s~:r~ti~ ~ on said mortgage shall be the sole secui•ity for this note. ' - ~{(/I~ : ~nL ~ ,W. ~ • -~J'`~~. . - ~r J?`L . _ . _ _ _ _ _ _ . _:,N_ , _ . _ . _ _ _ _ CLARE~CE C . EDE~~'AARD and shall duly, promptly and fully perform, diacharge, execute, efiect, complet~, comply w~th and sbide by etch and everv the ^tipulatiot?~. agreemenLa, conditions and covenanta of said prom:ssory note and of tttis mortgags. then this mortgage and the estate hereby created shall cease and be nnll ana void. It i~ underatood that easch of the words, "note," "mortgagor" and "mottgagee" reapectivdy and the pmn- ouna referring thereto. whether In the singular or plural anywhere 1n thla mortgage, ahall be aingular if one only and shall be plural jointly and severally, if more than one, and ahall be ma9culine, feminine and/or neuter. wher- ever the context eo implies or admits. Md said Mortgagor for himself and his heirs, legal representativea, aucce9sore and aasigne. hereby oovea- snts ana agrees to and with said lliortgagee. his legal repmsentatives, successors and aa,igns: 1. To pay all a~nd aingular the principal and intereat and the various and aundry suma of money payable D~ ' virtue of said pmmissory note. aad this mortgage. each and every, prompUy on the days re~pect3vely the same ~ aeverally become due. ~ 2. To pay all and aingular the tiuces, as9essments, levies, liabilities, obligation~ and incumbrances of every ! nature and kind now on said described property, and/or that hereafter may be imposed, euftered. placed, levied i or assesaed thereupon, and/or that hereafter may be levied or assessed upon this mortgage and/or the indebted- ; ness secuted hereby, each and every, v~hen due and payable according to law~ betore they become delinquent~ and before any interest attaches or any penalty iv incurred; and in so far a~ any thereof is ot record the same ~ shall be prompUy satisfied and discharged ot record and the original otficial document (auch a~, [or inatance, ihe tax receipt or the satisfaction paper officially endorsed or certifiedl shall be placed in the hands of aaid ~ Mortgagee within ten days next after payment; and in the event that any thereof is not so pafd, satisfied and ~ discharged. said Mortgagee may at any time pay the same or any part thereot without waiving or affecting ~ any option, lien, equity or right under or by ~•irtnP of this mortgage, and the full amount of each and every ~ such payment shall be immediately due and payabie and shall bear interest trom the date thereof until paid ~ at the rate of ten per centurn per annum and together K1Lh such interest shall be secured by the lien of this mortgage. ~ the bu1 " e on sa an ce an ~ insurance in the usual standard policy form, in a sum not less than i- n auch com- pany or comp^nics as may be approved by said Nfort~a~ce: and ap such insurance on any of said build- ~ ings, any intere~t therein or part thereof, in the a~Fre~ate sum atornsaid or i ess thereot, shall contain the usual standard morigagee clause making the loss ur.der said policies, and e~ery, payable to said 1liortgar ~ gee as his interest may appear, and each ar.d e~•e: y su~•h ~licy promptly delivered to and held by said ~ Mortgagee; and, not less than ten davs in adt•anre of the e ~ ion of each policy, to deliver to said Mortgagee ~ a rene~val thereof, to~;ether kith a receipt f~r the pr m of vurh renewnl: and there shall be no such insur- ance placed on any of said buildinRs, any intere erein ar part thereo[, unles9 in the form and with the loss ~ payable as atoresaid: and in the e~•ent an of money become~ payable under such policy or policies said MortRagee shall ha~e the option to re e and apply the same on account of the indebtednesa secured hereby or ~ to permit said Mortgagor to rece and uce it or any pxri thereof for other purposes without therebv waiving ~ or impairing any equity, lie riqht under or by virtue of this mortgage: and in the event said Mortgagor ~hall for any renson fail to the said pr?mises so inaur~d, or fail to deliver promptly any of said policies ot insurance to said 11t gaqee, or fail promptly to pay f~elly any premium therefor, or in any respect fatl to per- - form. discharge ecute, e[fect, complete, comply uith and abide by this covenant, or any part hereof, aaid Mortg- r:~ agee may pl and pay for such insurance or any part thereot withont waiving or affecting any option, l;en. equity o ght under or by virtue ot this mortRage, and thr full a~ount of each and every auch payment ahall be 1 ediately due and payable and Phall bear interest trom the date thereof unt11 paid at the rate of ten per ce es a eecure • 4. To permit, commit or sutfer no w•aste, impairment or deterioraUon of asld property or any part thereof. 6. To pay all and aingular the co~ts, chargee and expenses, including reaaonable lawyer's tees and co~t ot abstracts of title, fncurred or pald at any time by aald Mortgagee becaux and/or tn the event of the faflurs on the part ot the said Mortgagor to duly, promptly and fully perform, diecharge, execute, eftect, complete, ~ comply with and abide by each and every the stipulat~ons, agreements, conditlon~ and covenanta of said promis- ~ wry note, and thla mortgage. any or etther, and safd costs, charges and e~cpenses, eseh and every, ahali be im- medlately due and psyable, whether or not there be notice, demand, attempt to collect or ~ult peading: and ths ~4` full amount ot each and every auch pevment ahnll bear interest irom the date Wereof until pald at the rate ot ten per centum per annwn; and al! said coste, charges and upense~ w lncurred or paid. Wgether with sucA in- tereat, ~hali bs aecured by the lfea oi thls mortgage. ~ m~ ~2~.0 ~E2~~ ~ - . _ _ -