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Home My WebLink About0140 _ ~ ~ - . - S'iUART. Flotida. . . . II 19 ~l v FOR VlILUE RECEIVED. th~ undersi ned, o~nil and s~~~r~lly. PROMISE TO PAY lo ihe ord~c oi . • _ .~~i.~:RC.I~E. PR~I?T7_ ~~.I.+~P,~tX.~...a.P~'tnership • Th.x.~.~. _~o.~a:~a.~a..~~ ~o~..--.---_-.--.--------------•-----------~------------ . DOLLARB. ai . . . . ~~.C~QC~....CT.G'QlQ~R.......................---•..................... . or such ofhes place as 1he holder hereo! mar deaigualt in wri3ing, loy~th~r with i~t~r*sf lrom dal~ a! !h~ rate o! per centum per snnum on the unpaid balancs until maturilT. 'Th~ said p:tadpal aad interes! shall M due and payablc as tollows: $93. 32 a month, the first p~yment being due one month from date, and continue for each month thereafter until p~id. This sum of ~a3. 32 naid each month sha,ll $rst be credited to interest a.~:d the ~ er:za,inder to the prlncipal of this obligation. Tnis note may ue pre~~id zt ~nq time with- ~ ~ut oerialty. I( delsnlt be madr (or _SLV. . dars ia t6~ paraeeat ot any instdlment ot prieciwl o~ intereat or any part tAereo/, the vrSole •um 1Aen remainin~ ~ ~+nPaid ritL interes! sh~ll ~t bolder'~ option become due aad Darable ~rit6out aotice. Failure to etercise such op~ion shall not conalitut aaive~ ot the n~hl to eiercise tAe auae in the etent o( subtequtnt Je(aull. Alte~ maW?ily Soth principal aad aurued int~rrst aAall bear i~tcr~it at ~ per centum per annum uatil paid. Th~ ma4en ~nd eedor~ers o( tAis note furtAer ~raive demand, aotice ol ao~-payment and prol~st. 11 tAis note ~s not paid at n,aturitr and IAe aame is placed ritA an attorae~ (or colleetioa, lhe makers •nd endorsers hereo( a;ree to pay all conts uf collection, includin~ all court costs and ~r~aonable aitorner (eea. e ~ ' • _ ISEAL) ~ R icharci L. Page . . . _ _ . (SEALI ~ ~ _ . . . l3EALl 3 and shall duly, prompqy and fully perform, discharge. execute, effect, completP, comply wlth and abide by each and every the stipulacions, agreements, conditions and covenants of sxid prom,ssory note and ot Lhis mortgage, then this mortgage and the estate hereby created shall cease and be null ana void. ; It is understood that each of the wonls, "note," "mortgagoY' and "mortgagee" rnspectively and . the pron- : ouns referring thereto. whether in the singular or plural anywhere in thla mortgage~ ahall be singular it one oNy ~ and shall be plural jointly and severally, if more than one, and shall be rfiiasculine, feminine and/or neuter. wher- ever the oontext so implies or admits. ~ j And said Mortgagor for himseli and his heirs, legal representatives, successors and assigns. hereby coven- ~ ants ana agrees to and with said atortgagee. his legal representatives, successors and assigns: ~ 1. To pay a11 and singuiar the principal and interest and the various and sundry sums oi money payable by ~ virtue of said pmmisaory note. and this mortgage. each and every. promptly on the days respectively the same # severally become due. ~ ! f 2. To pay all and singular the taxes, essessments, levies, liabilities, obligations and incumbrances of every ~ nature and kind now on said described property, and/or that hereafter may be imposed, auffered. placed, levied ; or assessed thereupon, and/or that her+eafter may be levied or assessed upon this mortgage and/or the indebted- ~ ness secured hereby, each and every, when due and payabte according to law, before Lhey become delinquent, ; and before any interest attaches or any pennlty is incurred; and in so far as any thereof is ot record the same ~ shall be promptly satisfied and discha eed of record and the original official ~iocument (such as, for instance, i :he tax receipt or ihe sstisfaction paper officially endorsed or certifiecfl shall be placed in the hands of said Mortgagee v~lthin ten days next after payment; and in the event that any thereof is not so paid, satisfied and discharged, said biortgagee may at any time pay the same or any part thereof w~thout waiti~ng or affecting ` any option, lien, equity or right under or b~~ ~•irtuw of this mortgage, and the full amount of each and every ~ such payment shall be immediately due and paylbte and shall bear interest from the date thereot until paid : at the rate ot ten per cenLurn per snnum and together w~th such interest shall be secured by the lien of thie i mortgage. 1 , 3. To place and continuously ke~p on the buildin~s now or hereafter aituate on said land fire and windstorm ~ s insurance in the usual standard policy Corm, in a sum nct less than i...-----••--•---•--.-.-------•--••-----------•-•-•----•-.., 1n auch com- ; pany or comp^nics as may be approved by sai~l 1?tortna~ce: and a11 such insurance policies on any ot said buiid- ings, any interest therein or part thereof, in the a~~reKate sum aforesaid or in excess thereof, shall contain the ` usual standard mort~agee clause makin~ lhe l~,~s ur.ci~r a~id policieg, each and every, payable to said 1liortgar ' gee as his interesi may appear, and each a::d e~~ery surh policy shalt be p~omptty delivered to and held by said ' bloMgagee; and, not less than ten days in ad~•an~e of the ex~iration of each policy, to deliver to said biortgagee ! a rene~val thereof, toRether with a receipt fnr thP premium ~f au~h r~newtil: and there shall be no such insur- ance ptaced on any of caid buildin~s, any interest therein or part thereof, unless in the form and with the loss payable as aforesaid; and in ihe e~•ent any sum of money becomes payable under such pollcy or policies said Mori~agee shal! have the option to recei~e and app[y the gxme on account ot the indebtedness secarerl hereby or to permit said :liortRagor to recei~•e and use it or any part thereof for other purpose9 without thereby waiving or impairing any equity, lien or ri~ht under or by ~ irtue of this mortgage: and in the event said Mortgagor shall for any reusoa fail to keep the said premis~s vo inaur~d, or fail to dellver prompUy any of said policies of insurance to said rtortga~ee, or fail prompUy to pay fnlly any premium therefor, or in any respect fail to per- torm: dischar~e, execute, et[ect, complete, comply ~~~th and abide by this covenant, or any part hereof, said Mortg- ageP may place and pay for such insurance or any part tfiereof without waiving or affecting any option, lien, equity or right under or by virtue of this mort~age, and the full nrpount of each and every auch payment shall be Immediately due end payable and shall besr intprest from the date thereot unttl paid at the rate ot ten per centum per annum and together with such intecest shall be aecured by the lien ot this mortgage: ~ 4. To permlt, commit or suffer no Ha9te, imFairment or deterioraUon ot eaid properEy or any part thereot. x 6. To pay a11 and aingular the costs, charges and expenses, including reasonable lawyer'e fee9 and cost of abstracts ot title, incurred or patd at any time by said Mortgagee because a:nd/or in ihe event of the fallure on the part of the said I?tortgagor to duly, promptly and tully periornn, dlscharge, e~[ecute, effect. complete. comply wlth and abide by each and every the stipulation~, agreementa, conditlons and covenante of said promis- ' eory note, and thl~ mortgage, any or either, and st?1Q cost~, charges and ezpenses, each and every, shall be Im- ~ { mediately due and payable, whether or not there be notice. demand, attempt to collect or sutt pending: and the i fuU amount of each end every ~uch pavment ahall bear intereat trom the date thereof unW pald at the rate o! ~ ten per tentum per annum• and all eatd eoats, chargea end expenaes eo lncurred or paid, together with such !n- ~ tereat, shsll be secured by the lien ot thfa mortgage. i • i BooK 2~3 ~.40 i~,~rer - - ~ , . -