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Home My WebLink About1565 f 15, 0~0. !J0. sru~nr. Florida. . /Q~iL~~ . . »7.~ FOR VlILUE AECEIVED. th~ urde:signed. jointlY and s~~~rsllY. PROMISE TO PAY to tls~ ord~r ot . _ . dENSEZV.. BEACIi.BA,T1K,_..A .~'lor.ida_.Banking..Cor~ration _ . _ . k?i~tee~..ThQUSand.~a?~axs..a?~~ no/1Q0..-.-.-.-.--.--.---.----.-.--.--.-.-.-.-.-.----------DOLLARS. at .....P..~... BOX..'.Tr-...~'@AS@A..-BP.aChr.....~~- OY•~8..-.3~4.~i'I os sucb osber place as the halder her~o! mar d~sigaal~ in wriliag, to~~th~r with inter~st from da1~ at !h~ s~t~ oi 7~' per cenfum per annum on 1he unpaid balanc~ urlil maluritT. Th~ said principal aad inte:es! shall M due and payable as tollows: ;~178.06 a month, the first p~yment bein~ due one month from date, and continue , for each month therea.fter until paid. This sum of ~~178.06 paid each month shall ~ first be credited to interest and the re~r~^i.~~~r to the principa~ of this obligation. This note may be prepaid at any time without penalty. (1 delault be msdr ter ~~l.. days~ in t6e paymeat ot aey Instdlment o( Ptieciptl o~ interest or anr oart thereol, tAe w!~ole •um jhea remaieia~ , unp~~ vit6 i~terest ahall at holder~ option betomt due and parable ~rithout aotice. Failure to e:ttcise suc6 option ahall oot co~stitut~rJilvraiver el tlx ri~At to e:e~cise t6e saa~e i~ the e~sat o( aubseaneat delault. Alter ~paturi[r botA principal and accrued int~rest sAall bea• inte~es! at ~ T per c~ntum per anoum until paid. The maken and endor~ers of this note (urtAer rraive demand, aotice oi non-paymeat and protest. 11 this aute ia not paid at maturity and t6a sa~ne is placed .ritA aa attorwe~ tor colleclioe, the makers •nd endorsers hercol a~ree to pay all costa o1 collcction, iacludin~ all court costs and re~soaable ~itoreey (ees. _ _ . _ _ ISEALI - - -Pa.ul u. ~onaldsori. . . ISEALI roret.hia L. ~o*_Ll.~con - . - _ . . . lSEllLI and shall duly. promptly and fully perform, discharge. execute, effect, completP, comply wdh and abide by each and e~erv the stipulations, agreements, conditions and covenants of said prnmissory note and ot tlus mortgage. then this mortgage and the estate hereby created shall cease and be null and void. It is underatood that each of the wonis. "note," "mortgagor" and "mortgagee" respectively and the pron- ouns referring thereto, whether in the singular or plural anywhere in thls mortgage. ahall be singular ii one only and shall be plural jointly and severally, if more than one, and shall be masculine, feminine and/or neuter. wher- ever the context so implies or admits. And said Mortgagor for himself and his heirs, legal representatives. successors and assigne. hereby coven- ants ana agrees to and with said Mortgagee. his legal representaUves, successors and assigns: 1. To pay all and singular the principal and intereat and the various and sundry eums ot money payable by virtne o! said promissory note. and thi~ mortgage. each and every. promptly on the daya respec4vely the same aeverally become due. 2. To pay all and singular the taxes, assessments. levies, liabilities, obligations and incumbrancea of every nature and kind now on said described prnperty, andlor that hereafter may be imposed, auftered. placed, levied or assessed thereupon, and/or Lhat hereafter may be levied or assessed upon this mortgage and/or the indebted- ness secured hereby. each and every, when due and payable acrnrding to law. before they become delinquen~ and before any interest attaches or ar?y ~n~ty is incurred; and in so far as any thereot ia of record the same f shall be prumpUy satisfied and discharged of record and the original official document (auch as, for instsace, ! Lhe tax receipt or the satisfaction paper officialiy endorsed or certifiedl shffil be placed in the hands of said ~ Mortgagee within ten days next after payment; and in the event that any thereof is not so paid, satisfied and discharged, said 1ltortgagee may at any time pay the same or any part thereo[ vvithout waiving or affecting any option, lien, equity or right under or by ~~irtuP of this mortgage, and the full amount of each and every such payment shall be immediately due and payabte and shall bear intemst from the date thereot uniil paid at the rate ot ten pet centurn per annum and together a-ilh such interest shall be secured by the lien of this mortgage. 3. To place and continuously keep on the buildin~s now or heteafter attuate on said land fire and windstorm insurance in the u.cual standard policy form, in a sum not less than =.._.M1XimllII1_..... 1n euch com- pany or comp^nies as may be approved by said llfort~a~ce: and nil such insurance policies on any of esid build- ings, any interest therein or part ihereof, in the a~~regate sum afornsaid or in excess thereof, shall contain the usual standard mori~agee clause makinR the lu~s ur.cirr s:~id policies, each and every, payable to said Mortga. gee as his interesi may appear, and each ar.d ere:y surh policy shall be promptly delivered to and held by said Mortgagee; and, not less than ten days in adt~an~e of the expiration ot each policy, to deliver to snid Mortgagee a renewal thereof, to~ether v~ith a receipt f~r thP premium of vu~h mnewal: and there shall be no such insur- ance placed on any of Qaid buildin~s, any interest therein or part thereo[, unless in the form and with the loss payable as aforesaid; and in the e~•ent any sum of money becomes payable under such policy or policies said Mort~agee shall ha~•e the optinn to recei~e and apply the same on account of the indebtednes~ secured hereby or to permit said Mortgagor to recei~•e and uce it or any pari thereot for other purposes arithout thereby waiving or impairing any equity, iien or riRht under or by ~ irtue of this mortgage; and in the event said Mortgagor shall for any reason fail to keep the said premises so Insur~d, or fail to deliver promptly any of said policie9 ot insurance to said DtortgaRee, or fail promptly to pay fnlly any premium therefor, or in any respect fail to per- form, dischar~e, execute, eftect, complete, comply ~~~th and abide by this covenant, or any part hereot, said Mortg- agee may piace and pav for such insurance or any part thereof without waiving or atfecting any option, lien, equity or right under or by virtue of this mortRage, and the fuU amount ot each and every auch payment shall be immediately due and payabie-and shall bear intPrest from ihe date fhereot until paid at the rate of ten per centum per annum and together with such interest shall be aecured by the liea ol tttis mortgage. 4. To permit, commit or sufter no waste, impairment or deterioration of sald property or any part thereof. 6. To pay all and alnRular the costs, charges and expenses, including reeeonable lawyer's teea and caat ot abstracts of tiUe, lncurred or paid at any t[me by safd Mortgagee becauee and/or In the event of the faflure on the part ot the said Mortgagor to duly, promptly and tully perform, diacharge, execute, effect, complete, comply with and abide by each and every the stfpulations, agreementa, conditlons and covenanta of said promis- sory note. and thls moctgage, any or either, and said costs, charges and e~tpenses, each and every, shaU be Im- mediately due and payable, whether or not there be notice, demand, attempt to collect or sult pending: and ths full amount of each and every such payment ahall bear intereat from the date thereof unW pafd at the tete o! tea per centum per annum; and all eatd cwta, charges and racpense~ so incurred or paid, together with sucD in- terest, shall Ds secured by the Uen of thia mortgage. ~ gooK 212 P~~ 1565 ~ ~ _ . a~~~ ~ - ~r~~; _ . .