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HomeMy WebLinkAbout1154 S ,`L . . Vcro (3C~tt~, Fw~~~ . . . Narch ~ , ~ v ; :1 _ AS UC10W specified ,r,~~ a,~~, i, w.e or cilher of us prorni~c to ~y a~ t~~ I~•, uf ~ . . GEORGE. W.. h1ILLF.R. nnd ~1r1DL•'LON Di1I.LER,. his. ~vifc . ~ ---TWO THOu~AND_NIN~.HUNDfirD._AND.NQ/~OQ---_------------------------,-,.~~_i,~~<sr ~o? ~aiue ~«e~~ed, payable at 1925...- _ 5th Avetlue,. VePO..BeE?Ch.. Flor.ida. ..or.. such other place . as the_ pAy_ee _ ~~y_.~Qsignate__in .writing . . . . . _ _ ~ wilh ~ntcrc:t . ? ~ , frem _.11Qi1@ at tho re1e of_ ..X10A@ per eent per annum unfil paid; intcrest payable _ TlOIIC Arx! cxh o( ut w?klhN mDkcr, gudranfOr d Crxiotser, hcrepy ievCr~lly vvaives and re~ww~ccs any and all FxHncsfc.rl rx~~n;,t~ ~n r~.:l~lti ~v t,avc unJer :~1,a Lohslitution or Lsws of the Sfab o} fbrida, o~ sny othtt State u Urtitcd Statcs, as ~ga+mf this notc; and rxh I~wN.. ~ r.a~.~~: ,wf, ~ n,~hce o( non-/+aYrnent and potesf, and in the evont if beconw~ necessary fo cdkcf Ihis rol• Ihruu~h an ettorney, ag~oes to ~w~y oQ c~•.t•. u•~~•:~t:~.n, ~ ~nclud~ng rcasona6te attor~ey i tee. S The principal of this note shull be ~ due nnd pay~ble t~t the i•nte of ~ l 50 . 00 p, . month commencing May 1, 1973. and continuing on the first duy of e~ch ni~~~ , every month thereafter until the principul sum 15 paid in full. Inter~~tit ti1~a11 ~ accrue ut the rate of 10$ per unnum on any delinquent payments niui st~nll c•~ ~,it in~;e to accrue until said delinquency hns ueen cori•ected. In the event o1 a dc~::;~it in s fuiy payment of principal or interest which defnult sl~all not be corrcrted w i t~~ in c thirty d~ys thereafter, then the entii•e remainin~ unpaid bulance shull immcc~i:.tei5r ~ become due tand puyable at the option of the holder of this note. Any payment oi• j any part thereof may be made on or before its due dute without pen~lty . ; - ; 54.35 State documentary stamps ' ~ affixed to original note ~and Qancelled . _ ~ _ ~/s/_Eu~ene_ d_. _ Toman~--------- - sEn~ ~ EUG~NE J . TOMANY ~ No. Due. - . - - . • - • . . ~~AL - - ' . . . ~ . =1t.~~ ~:r..•~•.~`{`_..~~'_..~~.«.v•..1~~..~~~.. . . . ~f' '1•. . .~~~•.~.`I'.~:~'.. _ . . and shall duly. pmmptly and ttiilly pertorm, discharge, execute, effect, complete, comply w~th and abide by each - and every the stipulations, agreements, conditions and covenants of said promisaory note and of this mortgage. then this morigage and the estate hereby created shall cease and be null ana void. It is understood that each of the wonls, "note; '"mortgagor" and "mortgagee' respectively and the pron- ouns referring thereto, whether in the singular or plural anywhere in thia mortgage.,ahall be singular if one only and ahall be plural joinUy and severally, if more than one, and shall be mesculine, feminine and/or neuter~ wher- e~er the context ao implies or admits. And satd Mortgagor for himseli and his heirs, legal representatives, succes9ors and asslgns, hereby covea- ants ana agrees to and with said Mortgagee. his tegal. representatives, successors and assigns: 1. To pay all and singular the principal and internat and the varioue and aundry auma of money payable by virtue of said promissory note, and this mortgage. each and every. promptly on the days respectively the same aeverally become due. + 2. To pay all and aingular the tfuces, assessments, levies, liabilities, obligations and incumbrancea of every nature and kind now on said described property, and/or that hereafter may be imposed, auffered. placed, levied 'i or assessed thereupon, and/or that 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. betore they become delinquent, j and before any Interest attaches or any penxlty is incurred; and in so faz ae any thereof is ot record the same ' shall be prompUy satisfied and discharged ot record and the original off~cial document (such as, for instance. ~ :he ta~c receipt or the satisfaction paper of~cially en~iorsed or certified) shatl be placed in the hands of sald ; Mortgagee within ten days next after payment; and in the event that any thereof is not so pald, satisfied and . t discharged, said Mortgagee may at any time pay the same or any part thereot v~-ithout waiving or affecting ~ any option, lien, equity or right under or by ~•irtue of this mortgage, and the ful! amount of each and every ~ such payment sball be immediately due and payable and shall bear intemst from the date thereof until paid ~ at the rate ot ten per centurn per annum and together with such interest shall be secured by the lien of thia C mortgage. 3. la " -t~.•-buildinQa now or hereafter situate on ~id land d windstorm E insurance in the usual standard j?olicy form, in a sum not less than i-- . snch com- * pany or comp^nics as may be approved by said btort~a~ce; and a4 such insur~ce po on any of said build- ings, any interest therein or part thereof, in the a~firegate sum atoresai i ss thereof, shall contain the usual standard mortqagee clause making the lu::s ur.der said po and every. payable to said Mortga~ gee as his interest may appear, and each and e~•ery su~•h e promptly deliverM to and held by said 1liortgagee; and, not less than ten days in ad~~an~e o[ e' tion of each policy, to deliver to snid I?tortgagee a renewal thereof, tol;ether with a receipt fnr t. rearif~m of auoh renewal: and there shslt be no such insur- ance placed on any of Qaid buildings, any i est therein or part thereof, unles9 in the form and with the lose . payable as aforesaid; and in the e~ent aum of money becomes payable under such pollcy or policies said MortRagee shall ha~e the optian t ceive and apply the same on account ot the indebtedneas secured hereby or to permit said Mortgagor to ve and uce it or any part thereot for other purpose~ without thereby waiving ~ or impairing any equity, or right under or by virtue of ttiis mortgage; and in the event said Mortgagor ahall for any reason [Ai1 eep the said premises so In~umd, or fail to deliver prompUy any ot said policie9 of r insurance to said ortgaRee, or fayl prompUy to pay [ally any premfum therefor, or in any reapect fail to per- form, dischar , execute, eftect, complete, comply w~th and abide bv this covenant, or any part hereot, aaid Mortg- ; ~ agee ma ace and pay for such insurance or any part thereof without waiving or atfecting any option, lien, ; ~ eqUity Or Pight Undec oT by viitu 'a-tR9rETaF-----=!`'~' full amn~mt of each nnrt avarv nirh n~vmPnt ghSll be tmmediately du e and ahall bear interest from the date thereof unttl paid at the rate of ten per ~ centum per annum and togeiher with such interest shall be aecured by the lien of thla mortgage. ~ 4. To permit, commit or sutfer no waste, impairment or deterloratton of aaid property or any part thereof. b. To pay all and aingular the costs, chargea and expenses, including reasonable lawyer'e fees and cwt ot abstr9cts of title, fncurred or pald at any time by sald Mortgagee because andlor tn the event of the faflure ~ ~ on the part of the said Morigagor to duly, promptly and fully perform. dlecharge, execute, etfect. complete. ~ complq with and ablde by each and every the stipulation~, agreements, conditlon~ and covenanta oi eaid promis- ~ sory note, and thla mortgage, any or either, and safd costa, chargea and expenses, each and every. shsil be lm• mediately due and payable, whether or not there be notice, demand, attempt to collect or sult pending: and the ~ full amount of each and every such payment ahall bear interest from the date thereof unW pald et the rste oi ten per cent~un per annum: and all eafd costa, charges snd e:peneas so lncurnd os patd, Wgether with such ia- ~ terest, ~hW bs secured by the lien ot thls mortgage. 80ox2~3 ~~1~53 -