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HomeMy WebLinkAbout0445 ~`u March 8, 73 5 000.00 tt............ i Flosld~. tOlt ~J1L06 ll~ ~~=sM~ ~°~at1t ~~t• P1lOMISE TO PJIY !e !1~ otd~t ot .~TeA.S:~ Q~~.~ ~d?~~ d...F.~.o;ida...Bankin9...Corporation ............................___._,NoJT.OQ'___.......... ~ - DOI.I.JlA3. Five thousanci---.-.--.--.- ~o~aa . . ot sueh ol1NS ~s Florida at ..~T~R1~~~...$~~....... anoum oa !b~ • . C ~ s:~ b~s~o! maT dai~at~ ia wdtt~. to~slws wub iat~r~st ~ro~s dat~ at tA~ :W 9! 1•as f 1lOWS : t~ balae~ natU matyst=T. TM sdd pslaelWl u~ id~s~q s6s11 b~ dw sad Wrib ents of S1 319.00, the first payment to be due a~ Five (5) annual paym . March 8, 1974. iz .r i.w«t w r~ri tti««f. W.?.b tY.. ...~s lf ~tudt M~~i fK iay~ 1~ tl~ M7~t ~t ~7 i~t~11M~t ~f N'~~~ ~lall s~t ewtltrd ~ w!M? d W u ~1t? IwM~»t ~M~II ~t Mli~?'a M~ weaM iN ~ M1~ vlt?ert ~~tia. Fdhw ~ ~ t~ ~Wl 1rr hberst at 1K oMts EE rl~b ~~etlN tM ~aM fM }w~t ~I ~ i wfw ~R ~~a ~~ai.~itla ~f ~M-M~1~~at r~ M+tN` It tkN MI~ b Nt~ ~t ~ ~e~nn~ wW MK ~ ~ ~t~ tK crlMetM~. tM ~tM M N7 dI a~b. ~f e~I1~ctM~. ~cMNw[ ~Mt7 ut eM ~w ~ 1~. E`:i eMU ~ n~~~b EE: ...............................................................l FRANICLYN C . WILSON .....................(SF.At.) :t=. . CAROL A . WILSON ...._._._._...ISF.ll1.1 ' ::t and snall duly, promptly and fully perlorm, discharge, execute, etfect, completr, comply with and ebida by each and every ihe stipulations. agreements. cond~tione and covenants of said prom~ssory note and ot this mortgage. then this mortgage and the estste hereby created shall cea~e and be aull and vold. It ia underatood that each oi the worde. "note," "mortgagor" and "mottgagce" reapectively and the pron- oun9 rcterring theceto. whether in the s(ngular or plura~ anywhere in th18 mortgage. ehall be aingular fi one on3y and sha31 be plural joinUy snd severally. if more than one. and ehall be mascuiir?e. feminine and/or neuter. whe~ ever the context eo implies or admits. And said Mort~agor for himself and hia heSrs, legal representativee. auccessors an8 esslg~ns, hereby ooven- ants ana agrees to and with eaid ~iortgagee. his legal representativea. successore and assigne: " 1. To pay all and aingular the principal and fntereat aud the varioue and aundry sume o! money payable by j virtue of said promissory note, and thia mortgage, each and every~ prnmpUy on the daya respectively the eame ~ eeverally become dua i ~ 2. To pay all and aingular the truces, assessments. leviea, liabllities. obligations and incumbrancea ot evcry nature and kind now on aaid described property, and/or that hereafter may be impo9ed. auftered, placed, levied E or assessed thereupon. and/or that hereafter may be levied or assessed upon this mortgage and/or the indebted- E ness secured hereby. each and every, when due and payable according to lew. betore they bernme delinquent, and before any interest attaches or any penulty i9 incuned; and in so far as any thereot is ot record the same shall be prnmptly satisfied and discharged of record and the original ofticial dceument (auch as, for inatance, Lhe tax receipt or the satistaction paper officially endorsed or ceriified) ahall be placed in the hands of said Morigagee within Len days next after payment; and -jn the event that-any thereof is not so paid, satisfied and discharged. said 1ltortgagee may at any time pay the same or any part thereof without waiving or affecting any option. lien. equity or right under or by viriue of this mortgage, nnd the Luli amount of each and every sucn payment ehaU be immediately due and peyabie and shall bear intereat from the d~?te thereof until paid at the rate ot teA per centwn per annum and Logether with such intereat shall be eecured by the IIeu oi thia mortgage. 3. To place and continuously keep on the buildinga now or hereafter attuate on said land Sre and w[ndstorm insurance in the usual standasd policy torm, in a aum not lese than i••---•-•.......- fn auch com- pany or companies as may be approved by said I?iortgagee; and all auch insurance policiea on any o! eaid build- . inga, any intereat therein or part thereof. in the aggregate sum atoresaid or In excess thereot. ahall contnin the usual siandard mortgagee clause making the loss under eaid policies. each and every. payable to said Diortga- gee as his interest may appear, and each and every such policy shall be promptly deiivered to and held by said afort~agee; and. not less than ten daya in advance of the expiration ot each policy, to deliver to satd ~iortgafiee , a renewal thereof, together wiih a receipt for the premium of auch renewal• and there shell be no auch insur- ance placed on any ot safd buildinge, any interest therein or part thereof, unless in the form end with the lose payable as aforesaid; and in the event any aum of money becomes payable under such pollcy or policies said ~ .Y,ortgagee shsill have the option to receive and appiy the asme on account of the lndebiedness secured hereby or to rwrn~it said btortgagor to receive and use it or any part thereof for other purpose9 without thereby waiving or impairing any equity, lien or right under or by virtue of this mortgage; and in the event said Mortgagor shall for eny reuson fail to kecp the said premises so insured, or fail to deliver promptiy any of said policies of , ~ insurance to said 1?iortgagee, or fail prompUy to pay fully any premium therefor, or in any respect fail to per- ~ form, discharge, execute. ef:ect, complete, comply ~vith and abide by this covenant, or any part hereof~ said Morig- - agec may place and pay for such insurance or any part thereot without waiving or affecting nny option, lien. equity or right under or by virtue of this morigage, and Gtie full a~ount of each and every auch peyment ahaII be immediately due and payable and ahall bear interest from the date thereof until paid at~ the rate oi ten per cenium per annum and together with euch interest sha11 be aecured by the lien ot thia mortgage. 4. To perrNt, commit or auffer no waste, impairnnent or deterioratioa ot said property or any part thereof. 6. To pay all and aingular the costs, charges and expenacs, including reasonable tawyer's feea and cost o! abstrneta ot tiUe, incuned or paid at any time by eaid Mortgagee because and/or in the event ot the fsilure on the part ot the said Mortgagor to duly, promptly and itilly perform, discharge, execute. effect, complete. cornpiy with and abide by each and every the stlpuletlons, agreementa, conditlons and oovenants of eaid promfs- sory note. and this mortgage, any or either. and sald coste, charges and ezpenees, escb aad every, shall be 1m- mediately duo and payable. whether or not there be notice. demand, attempt to collect or sult peading: and the :u11 amount ot each and every such payment shall bear iaterest from tt~ date tberrof uatil pald at tbe rsce ot ten per centurn per annwn; ar~d all said coats, chargea sad expeasea w incurre3 or pai~, W~tb~s' MftL web 1s?- tereai, ~ial1 bs s~cured by th~ lian ot tbla mortga~a ~ ~ 800K~~~ PAGE ~ . . y ="'f' "':~r ' y + . C -