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Home My WebLink About1724 _ ~~.CC BTUART. Florida. . .,j~j~~.._.'~ a. _ 1! ~q FOR VALUE RECEIVED. th~ uadt:siyned. jolailY snd wwrally. PROMISE TO PAY !o lh~ ord~r ot_ . r...RrQ~ ..~r~•~'~'t~. 3t~ ~~~.t3 ~~'A~'~~ ~?1~~-•W~O.........._..............._....................... . . My'•- ~Y,~~e~Th^...~amd-~'~ NC~~L/V..~"~e~~w,ww~w~w.~wiwwe~~w~awawwiw*iwe~ewi.~w,'~~~?~OL~.ARS. a! .~~...L11C10• ~0,. ~ac:..Rl~aqe..,.:.9lua~ci.,...F:.JI:~~-..$~~...-•-• .........or such olh~r plac~ as !he holdei hereoi maT d~sigaal~ in ws q. loy~th~s wilh u+t~i~s! lsom dat~ a! !M rat~ o! _....t~... . per centum per aanum on 1he unpaid balane~ until maturilT. Tb~ tid priacipal and ter~s! shall b~ due and payablc as follows: In three (3) annual ins as ~otlows• two (2) equal annual installments ~ of $ 1, 899. S3 and d(3) annua: ins en of $l, 898. 34, principal. I:terest shall be p~.yable annu . ~ i First pe~ymc3nt shall be due one om date ~~f s Note d every year t~~e~e~!~~~;~a~t~ f~upl~~!„~~~1Tp~~ j~o~~t Rrepaid such mes and in such It e`TOF ili 'iil t~l~ ~yfieiK'ot~y'iis~lallis t u o~ intenst dr any rt thereof, the vSole •um t6en remaioia~ unpaid vitD intcrest ~Aall at Aelder ~ oPtioa beceme due ana Pa>able ~ritA~ut aotice. Failu e e:erciae suc6 lioa shall aet coestitute ~iver ot 1he ri~At to e:enis~ the sase ia th~ e~cat of subsequeat i~tault Alter maturitr bot6 orinci d accrued i reat sAatl bear iaterest at l per centum per annum uatil paid. The maken aad ewJoraers of thia oote tuAAer ~ai~e damaad, aotice o on•par eat and proleat. ii this aote not paid at n,aturitr and tse same is placed rith an attxaer tor collection, tht a~akers aad endoners hereot a~ pay a11 costs of colleclioa, includin~ all court cos~~ and reawnable attorner lees. ~ . __ISEALI .J~....~`1..-~'.., . '.-::C~--- _ _ . _ ISEALI . s . t ~ ~ v. rl~t'i'SJfI . ..ISElIL) and shall duly, promptly and fully pertorm, discharge, execute, effect, completP, comply with and abide by each and every the stipula~ions. agreements, cond~tions and covenants of said promis~ory note and of this mortgage. then this mortgage and the estate hereby created shall cease and be null and ~oid. It is underatood that each of the wonls. "note; '"mortgagoC' and "mortgagee" respecUvely and the pron- ouns referring thereto. whether in ihe singular or plural anywhere in this mortgage. ahall be aingular it one only and shall be plural joinUy and severally, if more than one, and shall be mesculine, teminine and/or neuter. wher- ever the context so implies or adntits. And safd Mortgagor for himself and his heirs, legal representatives, successors and assigns. hereby coven- ants ana agree9 to and with said Mortgagee. his legal repreaentatives, successors and assigns: 1. To pay all and singular the principal and intereat and the various and sundry sums ot money payable by Wrtue of said promissory note, and thia mortgage, each and every. promptiy on the daya respec4vely the same aeverally become due. 2. To pay all and singular the t,~xes, assessments, levies, liabilities, obligations and incumbrances ot every - ~I' nature and kind now on said deacribed property, and/or that hereafter may be imposed, auffered, placed, levied ~ 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 accorcling to law, before they become delinquent, ~ and before any interest attaches or any penxlty is incurred; and in so far as any thereof is of record the same shall be prumpUy satisfied and discha aed ot record and the original official document (such as, tor instance. ~ ihe tax receipt or the satisfaction paper officially endorsed or certified) shall be placed in the hands of said Mortgagee v«thin ten days next after payment; and in the event that any themof is not so paid, satisfied and i discharged, said Mortgagee may at any time pay the same or any part thereo[ u-ithout wai~zng or affecting any option, lien, equity or right under or b)• rirtuP of this mortgage, and the full amount of each and every such payment shall be immediately due and payable and shall bear intemst from the date thereof until paid at the rate of ten per centurn per annum and together with such interest shall be secured by the lien of thie mortgage. 3. To place and continuously keep on the buildinge now or hereafter eltuate on said land fire and windstorm Insurance in the u.4ua1 standard policy form, in a sum not less than S-•-•----. 1n such com- pany or comp^nies as may be approved by 831~I MOTI~arce; and all such insurance policies on any ot said build- ings, any interest therein or part thereof, in the aRgre~ate sum a[ornvaid or in excess thereof, shall contain the usual standard mortAagee clause makin~ the lu~s ur.d~~ said policies, each and every, payable to said Mortga- gee as his interest may appear, and each artd e~•e:y s!n•h policy shall be promptly delivered to and held by eaid Mortgagee: and, not less than ten days in ad~•an~e of the expiration o[ each policy, to deliver to satd Mortgagee a rene~val thereof, together ~aith a receipt for thP premium ~f vii~h renewal: and there shall be no such insur- ance placed on any of said buildinRs, any interest therein or part thereof, unless in the form and with the loss payable as atoresaid: and in the e~•ent any sum of money becomes payable under such policy or policies said Mort~agee shall have the option to recei~e and apply the sxme on account ot the indebtedness secured hereby or to permit said Mortga~or to receive and u~e it or any part thereof for other purposes without thereby waiving or impairing an~ equity, lien or ri~ht under or by virtue o[ tiiis mortgage; and in the event said Mortgagor shall ~ for any reaso:? fail to keep the said pr?mises so in4ur~d, or fail Lo deliver promptly any of said policie9 of ~ insurance to said 111ortgaRee, or fail promptly to pay fnily any premium therefor, or in any respect tail to per- form, discharge, execute, effect, complete, comply ~~~th and abide by thi9 covenant, or any part hereot, said Mortg- ~ agee may place and pay for such insurance or any part thereof without v~aiving or atfecting any option, lien, ~ equity or right under or by virtue of this mori~age, and the full amount of each and every auch payment shall ~ be immediately due and payable and shall bear intPrest from the date thereof untfl paid at the rate oi ten per centum per annum and together wlth such interest shall be secured by the lien ot thia mortga~;e. ~ 4. To permit, commit or sufter no waste, impairment or deterloraUon of said property or any part thereof. 6. To pay aD and aingular the costs, chargea and expenses, including reasonable lawyer'e fee~ and cwt ot abstracta ot title, incurred or paid at any time by said 1ltortgagee becanse and/or in the event oi the fallure on the part ot the said Mortgagor to duly, promptly and tully pertornn, diacharge, e~[ecute, etfect. complete, complq K~ith snd abide by each and every the stipulation~, agreements, condiUons and covenante ot eaid promis- sory note. and th3~ mortgage, any or ei[her, and said costs. charge9 and expenses, each and every, ahall be im- mediately due and payable, whether or not there be notice, demand, attempt to coliect or suit pending: and the full amount of each and every anch payment ahall bear interest trom the date Weteof unt11 paid at the rete o! ~ ten per centum per annum• and all eafd coete, chargea and expenae~ so Incurnd or paid, together with such fn- terest, ehW be eecured by the lfen oi Ws mortgage. gooK213 ~~i721 ; - tr ..r -7 - _ - ~ ~ . ~ = , ; I :