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Home My WebLink About2242 s --32, OOa..00--- vero ee~ch, Fio~jd~. _ \'I.urcii ..1 S . _ , ~ v~ , As below specificd ---•-------.i~~. d~~o, i, we a e~~t,e. ot p~~~ a~v +o ~ . ; ~ .^._.__JOHN • W. -1ZOS~vSY- and--~RaNCliS -MOSrLEY ~his- wife-- - - ~ - - ~ ~ ----THIRTY-TWO THOUSAND AND NO/100---------------~.---. _-----.------"--'-G~~.~n~., ~ . - • . _ . ? . fo~ value reteived, paYabk st__T~1@__ IRCI1Q11__R1V@Y` Citrus_ Pank,_. Vero. B~ach~_ F~,Q~`~dA,_ Ol' SUCiI ~'1: t' - --Rluce__us__thg PaYe~---m~3t..~~~.lgn8te._iit 1KP_1L1~ - . • with i~~~, n. ~ Annually~ a~: bclo~v from__...___..._________.~___af the rate of.~~_~'____. pe~ ce~t per annum until paid; tnterest payable. _____--__$~?CC~I1Cd._ Md esch of w wMtlwr maka?. surantor a endase~, hs.~M seve~aly waives and renounces any and all home:tead exem;~fion rii ?~~s ao n,..y ~ hav~ ~xrier th~ Constitut~on w Laws of tM State of Fbrid~. W Y1y Whl~ Sfif~ Of UNtld Sfile3. at iQ~M1 thlf ~10f0: ind CKh furlF?H w~vc•. ~:~n~.intl, notite of f?on-payn+tot u+d D?otest, and in tM ~vh1f if becorMt ~1lttsWy t0 COIkCt fhis nOfe fhrou¢h ao ~tfwnty, ae?eet to pay dl costs ui cuA~cuun, intludinp reuor~sW~ ~ftotney's tee. , The principal of this Note shall be due ~nd payt~ble in twenty quarter-Annu~l iiist~llmc•»t~ of $1.600.00 each, commencing on July 1, 1J73 and continuing on e~ch Octoi~ei•, J:~;,~~:~z•v. April and July thereafter, until said principal sum is paid in full. In udditian to c,.,~ principnl payments, interest shall be due and payable on the sr~me dntes thr~t thc ;?~•+:;ci,~:~i p~yments are due at the rate of ~er annum on the unpaid be~lnnce from timc to ~ c-- m~ining. In the event of a default in any payment of principnl or interest ~vhich c. ~:ai.lt ; shall ~ot be corrected within thirty days thereafter. then the entire remninii~~ un~:~ici bnlance shall immediately become due und payable at the option of the holde~• of t:~is note. Any paymerit or any part thereof may be made on or before its due d,~tc ~vit?~out penalty. This Note with interest is secured by mortg~ge on real est~te of eveT~ d:::~~ herewith and mude by the maker hereof in favor of s~ici p yee a d t1 e tcrms of :-~~i~l mortgage are by this reference made a part thereof, and thei•e s~ioulc~ be no persou:~l li~bility on the maker of this note nor shall the holder of the note be able to securc deficiency decree against the muker, it being understood that the property shown on mortgage shall be the sole security for this Note . ._Ls1_..1~.~~1.~_&.__Han~ck._as_ Trustee ~48.00 Sta~e Documentary stamps affixed LAURA B. HANCOCK. as Ti•ustcc No. Dus_ - - - . ScAI to ori~iz,?,al ~n°~e ~~~~eu~a a = - - _ _ . . , . . and ahall duly. pmmptly aad hilly pertorm, diacharge. executq effect, completp. comply wlth and abide Dy each and evera? the stipulationa. agreements, conditione and covenants of said prom~ssory note sad oi Lhis mortgage. then tt~ mortgage and the estate hereby created shall cease and be null and void. It ia underetood that eac~ of the worcie, "note," "mortgago~' and "mortgagee" reapectively and the pron- oune referring thereto. whether in the aingular or plural anywhere in thls mortgage. ahall be singular if one only and ahall be plural joit?Uy and severally, ii more than one, and shall be masculine, feminine and/or neuter. wher- ever the context eo impliea or admits. i And aeid Mortgagor for himeelf and his heirs, legal repreaentaUvee, successors and asslgns. hereby ooven- ante anu agreea to and with eaid Mortgagee, his legal representative~. successore and assigus: - 1. To pay all and singular the principal and interest wd the vasious and sundry sume oi tnoney paysble by virtue of aaid pmmisaory note. and tliis mortgage. each and every. prnmpUy on tha days respectlvely Lhe same severally become due. 2. To~ pay all and singular the taxea, ~ssessments, leviea, liabilitie~, obiigations and incumbrances of every f nsture and kind now on said described property. and/or that hereafter may be impoaed. suftered, placed, levied ( or assessed thereupon, and/or that hereafter may-be ]evied or assessed upon this mortgage and/or the indebted- ness secured hereby. each and every. when due and payable according to law. before they becoma delinquent, ~ f and before any interesi attaches or any penulty is incurred; aud in so far ss any thereoi is oi tecord the same ` shall be prompUy satisfied and discharged ot record and the originat ofticial document (auch as, for instance, I the tax receipt or the satiataction paper officially endorsed or certifiedl ahall be placed in the hands oi esid Mortgagee within ten daye next after payment; and in the event that any thereof is not eo pald, satietied and discharged, said Mortgagee may at any time pay the same or any part thereoi without waiving or atiecting any optibn, lien, equity or right under or by ~irtue of this mortgage, and the full amount of each and every such payment shall be immediately due and payable and shall bear interest from the date thereof untfl paid at the rate oi ten per centum per annum and toge:her wilh such interest 9hall be secured by the llen of this mortgage. insurance in al standard policy form, in a sum not less than s.......-••--•-••-• in euch com- pany or comp^nies be approved by said Ttortga~ce; and all such insurance policiea on any of said build- ings, any intere~t therein rt thereof, in the aR~regate aum atoresaid or in excess thereof, ehall rnntain the usual standard mortgagee clau aking the lo:ss ur.der said policiea, each and every. payable to said Mortga- gee as hia interest may appear, and and e~•ery such policy shap be promptly delivered to and held by said Mortgagee: and, not less than ten days in • nce of the expiration of each poHcy, to delSver to said Mortgagee a renewal thereof, toRether with a receipt for remium of xuoh rPnewal• and there shall be no auch insur- ance placed on any of said buildings, any interest the " or part thereot, unless in the form and with the loas payable as aforesaid; and in the e~ent any sum of money mea payable under auch policy or policiea said Mortgagee shall have the option to receive and apply the same o count of the lndebtedneas secured hereby or to permlt said Mortgagor to receive and ~se it or any part thereot fo er putposes without thereby waiving or impairing any equity, Iien or right under or by virtue oi this mortgage; in the event sald Mortgagor ahall for any reason [ail to keep the said premises so insured, or fail to dellver pro any of aaid policlea of insurance to said Mortgagee, or fajl prompUy to pay ti~lly any premium therefor, or reapect fail to per- ~ form, discharge, execute, effect, complete, comply with and abide by thia covenant, or any par . aaid Mortg- agee may place and pay tor auch insurance or any part thereot without waiving or affectlng an - tion, lien. equity or right nnder or by virtue of this mortgage, and ihe fuU arpount of each and every such pay~mt_shall ~ be immediately due and payable and ahall bear interest trom the date thereof unttl paid at the rate of ten~psr_ ~ 4. To permlt, commit or eufter no waate, Impairment or detertoraUon of aatd property or any psrt thereof. 6. To pay all and afngular the cost~, chargea and expenxs, including reasonable lawyee'~ tees and cast of abatracts ot title. lncurred or pald at any tlme by satd Mortgagee becauee and/or 1n the svent of the fallurs on the part of the safd Mortgagor to duly, promptly and tully perform. dfscharge. euecute, effect, complete. comply wlih and abide by each and every the stipulations, agreements, conditlons and covenanta of eaid promL- wry note. and thie mortgage, any or efther. and esid costs. chsrges aud ezpenees, each and every. ~hall bs lm- mediately due and psyable. whether or not there be notice, demand, attempt to collect or suft peading' and ths full amount of each and every such payment shall bear intereet trom ths date thereof unW pald at the nte oi ten per centum per annum; and all eafd coets, chsrge~ ~nd espense~ w lncurred os patd. together wftb suc6 in- terest, ahall bs ~ecured by Ws Len o! thls mortgage. - B~o~212 F~2242 - _ _ _y . _ ~ - r = -