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Home My WebLink About3001 ~~J'~ 0~. 1~......_.... STOlIRT. Florids. .............M3rCtl.Z.t................... 1l.. ,~3.. : . FOR VlIi.OE RECEIVED~ 1~1~ 4Adlttl9Atd. iOI~l~Ij •Ad s~~~csqr. ~'AOMISE TO PAY to iM osd~r ot . . ~rt~n.. a ka x7aste~..............................._.._..........................._......................---..................... ur undred F~f y o a------------- ........~'4~........~........ .~.1...~$...~4~ ..------1'1(?l1~.. DOLLlIAS. at ~:~~..~..QC~~I.l..~~.V.C~..~...~.s ~5~1..~c~,~~1~....F~.QT1C~ ................_......._....•-_••-••••................._.o= sucb oiber plac~ as fhe lwlder heteot maY d~siyaat~ ia wrilia9. loy~lA~t wtth le~t~rtd lrwn dat~ a! !h~ sal~ o! ...~T.~.. per ceatum per annum oe the uapaid balsac~ until maturitT. Th~ said priacipal arid iaf~r~st shaA M due and paYable as tollows: One installment of 50, Ot)0, 00 on Ma.rch 2, 1974 together with interest on the unpa.id principal balance, and four equal semi-annual installments of ~75, 000. OJ, plus interest o the unpaid balance. The first such ~emiannua.l pa.yu~ent shall be due six (6) months there- af~er and subsequent payments at intervals of each six (6) months thereafter. Privilege is reserved to pa.y two or more insta.llments at any time without penalty a.fter January 1, 1~74. ~ 4 1/ detault b~ maae t.. ._..30..._. ~.r. iw i~• wr•.ewi e~ a.r I..uu.swt o/ O~p~jV~ ~ iutere~t er aar part t\er~o/, tAe vSele •uas lAee remaia ~ rn~ald rr~t~ ~t1~Kf~~ ~ball AsIJe?'~ o~tuw ~lCORft dY! lw+ Nri`~f ~~`OY~ wOIKl, Fi1IY!! te eae?cise sucA epl~~n sAall aot censtitute arai~er el t6e •Ij~~ IO !1lK~t! tbe M!\t ~A iti! trlp~ O~ fYb~lQYtA~ JlI~YI~. ~~~t~ ~iW~lr SOIti OfMC~~~ u~d accrued ~AIr1l~~ 1wi~~ blaf ~Ait«fl i~ 7~ 0!? Cf11~YO per anaum uetil Paid. TAe wsken ~wd tsaorani el tAi~ set~ IurtAtr ~~i~e lewaed, wetice el noa-Paymest anA protaat_ 11 tAis wo4f~s wot paid al maturity ~nd l\e ~ame Is Placed ~rilA ~w attwaey ler colltcti~w, t6~ sakers ~nI eader~ers herNf a~~ee te Par all costs o/ collecliow, iacludin~ all cou~l costa aad reasswa44 •tlerwe~ (e~s. . ~ State Documentary stamps in the amount ~ attached to original and canceled. (07.~'~ /s/ ~ . . i!-!!-n .......................................ISEALI COPY IS I ~ .`...•-..(SEALI rt A, Epper o ---.............._.........---•-•----••••--••--••---------•-••--•~----•......(SElILI and shall duly. prompUy and itiliy perform, d~scharge, execute, effect, completP, comply with and abide by ~ach . t~nd e~•erv the stipulations, agreements, conddiuns and covenanLs of ssud promisaory note and of this mortgage. then thia mortgage and the estate hereby created shall cease and be nutl ana tia~d. Yt is underatood that each of the worxls, "note," "mortgagoY' and "mortgagee" respeetively and the pron- ouns referring thereto, whether in the singular or plural anywhere in thls ~nortgage, shall be singular it one only and shall be phiral jointly and severally, if mure than one, and shall be masculine, feminine and,~or neuter~ wher- erer the oontext so implies or admits. And said Mortgagor for hi~nself and his heirs, Iegal representatives, successors and aasjgps. hereby rnvea- ant~ ana agrees to anu with said 1ltortgagee. his legal representatives, successors and assigns: 1. To pay all aad singular the principal and intereat and the various and sundry sums of money payable by viriue of said promissory note. and thi~ mortgage~ en:;h and every. prompUy on the days respectively the same severally become due. li 2. To pay all and singular the taxes, as.ses.sments, levies, liabilities, obliRations and incumbrances ot e~ery ~ nature and kind now on said descnbed property, and/or that hereafter may be imposed, auftered, placed, levied or assessed thereupon, and/or th2t hereaiter may be levied or ~~sessed upon this mortgage andlor the indebted- ness secured heteby, each and every, when due and payable accorciing to law. before they become delinquent, and before any interest attaches or any penxlty is incurred; and in so far as any thereof is of record the same shall be prompqy satisfied and discha oe~i of record and the original o[Gcial document (such as, for instarice. the tax receipt or the satisfaction paper officially en~iorsed or certifiedl shall be placed in the bands of said Mortgagee v~~thin ten days next after payment; and in lhe e~•ent that any thereof is not so paid, satisfied and - discharged, said 1?iortgagee may ai any Ume pay the s:?me or any part thereo[ v~-ithuut wai~ing or affecting ~ any o~tiDn, lien, equity or right under or A~• ~-irtuP of this mortgage, and the ful! amount of each and every such payment shall be immediately due and ~~ayab:e anJ shal! benr intemst from the date thereof until paid at the rate of ten per centurn per annum and t~~~eth~r w~lh such interest shall be secured by the lien of this mortgage. 3. To place and continuously keep on the ba::dinrs now or hereafter situate on said land fire and windstortn insurance in the u_~ual standard policy form, in a sum nnt les9 than S- ~n such com- pany or comp^aies as may be appro~~ed by sai~l ltortgar~~e: aml :~il sueh insunnce policies on any ot said build- ~ ings, any interest therein or part thereof, in the a~~reKate sum a(ornsaid or in excess thereof, shall contain the ~ usual standard mort~agee claeise maklnR the l~~~s ur.d~~r sa~d policies, each and every, payable to said 1?tortga- gee as his interest may appear, and each ard e~•e.-~• sw•h ~{icy ahall be pramptly deti~•ered to and hefd by said 1?iortgagee; and, not less than ten days in Rd~'AnrQ of the Pxpiration of each policy. to deliver to s++id btortga~ee a rene~val thereof, to~ether vrith a receipt tor thP pr~mium ~f an~h r~newat: an~ there shall be no such insur- ance placed on any of ~aid buil~linRs, any interest therein or part thereo[, unless in the form and with the loss payable as a[oresaic7; and in the e~ent any gum o( money becomes payable under siich policy or policies said Mort~a~ee shall ha~e ihe option lo receire and apply the 5sem~ ~n arcount of the indebtedness secured hereby or to permit said ~fortRagor to rerei~•e and u~e it er any part thereof for other purpose9 without thereby waiving - or impairing any equity, lien or ri~ht under nr by ~ irtue of tt~is mortgage: and in the event said Mortgagor shall ~ for any rc:tsoa tail to keep the ~aid prem:s~s so insumd, or fail to deliver prompUy any ot said policies of ¢ in.surance to said ~inrt~at;c•e. or fail pmmptly to pa~ fnUy any premium iherefor, or in any respect fail to per- ~ torm, ditcharRe, execute, effect, complete, comply ~~-ith and abide by this co~enant, or any part hereof, said 11for.g- agee may p!ace and pav for siich inQiirance or any part tkereof ~vithout v~aieing or affecting any option, lien. equity or riRht under or by ~-irtue of this mortRage, and the full amount o( each and every such pay-ment shall be immediately due and pa}•able and shall bear intorest from the date thereof jintfl paid at the rate ot ten per ~ crntum per annum and together wtith such interesi shall be eecure9 by the lien o! th:a mortgage. ~ ~ 4. To pern?!t, commit or sutter no ~tiaste, impairment or deterioration ot said property or any part thereot. - 6. To pay all and singular the eosts, charges and expenses, including reasonable lav~yer's fees and cwt ot abstracts ot titte, lncurred or paid at any time by sald 1?tortgagee because andior in the event of the fatlure ~n the part o[ the seid Mortga~;or to dulv, promptly and Nlly perform, dlncharge, e:ecute, effect, complete. - comply with and abide by each and every the sttpulation+, agreements. condiUon~ and oove~anta of said promis- aory note, and this mortgage, any or either, and said costa, charges and ezpenscs. each end every, ahaU be tm- mediately due and payable, vvhether or not there be notice, demand, attempt to collect or auit pending: and tha full amount of each and every ~uch pavment shnll bear interest from Lha date thereoi unt11 pald at the rate ot ten per centum per annum• and all safd coeta, chargea ~nd expenses so lncurrEd or paid, together with auch ln- tere~t, shall be secured by the Ilen of thla mortgage. ~ r~ a:~ ~ gflaK 2i1 ~f 2999 ~ ~ ~ _ - - - ; ~ ~ r _ = ~ _ ~