HomeMy WebLinkAbout1377 ta. To prov~ae rsortgaqee with:proq~ o~ the payment of tax bi11s
by presentation to the Mortgag~~ of a paid tax receipt on or before
February lst of each year.
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i. To pay a1! and rin~u~ar llte pri»cipai w~d intereat and otlYar au~na o1 ~rtoney payab~e by
virtue of aaid prom~aaory riote_ and t.hi~ deea, or eitlaer. promptty on tl~e day reapecKveiy tAs
aame aeveraUy bscome d~s.
t. To pay ail and ainyular tJ1s taa~ea, aueiamenta, leviea, Iiab~itiea, obii~atiorW, and eno~em~-
brancea o~ every nat~crs oa aaid deaoribed property. eaek and every, and ~f t.~e aa~ne be t~ot pro~pt~
Iy paid tll~ aaid l[ortyayse~., her tayal r~pre~entatives or asaiyn~, ~nay at aq+
time pay the aama ~oithout waivi»y or a1
f
ea~iri0 the option to ~oreelois or any riyht llet~e~a~der,
a~td every PaYment io made aJYaU bear i~nters~t from tlte date t.hereof at ths rate o~ 8 per
cent. par a~aqp~.
J. To pay cU and ai~ular fhe eost~, el~ar~ea a~td expenaes, inciudixy lawyar'i fsea, reaaow- _
ably inc~a7ed or paid at any time by said btortya0s~-, her keira, iepai rapreaentateve~
or aaaigna, beoa~uas of the fasTwa on t~e part o/ the aaid Mortyayor~., their
reprsaentativea or aase~ to P~1~? ~Ply with and abids by eack and svery t.~e atiP~lationa,
agreementa, condition~ and covenarita of aaid promiaaory xot~ orid f.l~is dsed, or eitker. and
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every such payment altan bear intereat fro~t date at tJie rate of 8 per e~t. per aaaari.
4. To keep tl~ bu~dinpi now or hereaJter on said land i~axred in a aum not Ieas t~ta„._
hiqhest insurable value n~, ~ a eompany or oampa.n~a
to be approved by aaid Mortpayee-, and tlu poiiey or poiiciea keld by a~ed payable to said Mort-
~Q9e8-~-, he r le~ai repreae~ttativea or aaaigna, a~d ix tl~s av~nt
any aum of money becomea payable u~der ~cll? Po~Y Pd~, ~~~aDs~-,
her kRira, ie~at reprsaentativea or aaaig~a, a1saII have ths optio~e to r~iva and `
apply the same on account of the indebted»eit ll~reby seeicred or to. pern~it ths Mottpa~or to
receive and ua6 it ar a~ty part thsrsof f
or other pt~rposea, without t)keraby waiviny or impairi~p
' a~+Y e9'+~Y, iien or right under or by vertue of this mortgage, and mat/ P~a ~ PaY f~' ~ ,
i~surance or wty pa.rt thereof witliout waivi»y or a1lutir~ the option to forecloae or atty ripAt ~
v1 y ;
J~ersia~der, and saeh and every r~e~ payment t)tali bear intereat from date at tlu ra#s of 8
per cent. per annwK.
5. To permit, commit or auffer no waata, impairment or dateriora~ion of said property. or any
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part thersof. - <
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6. To perform, comply with, and abide by each and every the atipula~iorea, ayresme»ti, eo~- ;
~ ditio»a and eovenanta in said promisaory »ot~, and in thi,s deed set forth. i~
7. If any of aaid suma of money herein refarred to be not 2~'~P~Y- ~ f'~f/ P~ ~n
15 aaya next after the same aeveroiiy becoms due and payabie, or if each and every tl~s
atipulationa, agreementa, coreditiona a»d covananta of aaiai promisaory not~ arid thia deed, or '
eitber, are not fuUy performed, compli~d witl~ and abided b11, a9D~'BDats aum me~itioned
in said promissory note ahall becoma dua a~d payable forthwith or thereafter at the option oj
the Mortgagu_, her ~gai repreaentativea or aaaigna, aa fuliY ~~~fl
aa if the aaid ayyregata aum of Seven Z'housand Five Hundred ,a~.e
3 originaily ati~ulated to be paid on auch day, anythi~ng in said promiasory »ote_ or herein to tll~s '
~
~ contrary noturithata~diny. ~
IN WITNESS WHEREC~F. the aaid Mortpayor s, ~ave / a~ their
~ hand s and aealg
the day and ycar firat above wriEte»,l ~ _
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~ Si~ aealed and iv,dred in preaenee of ua:1 ~ , (Seol) ;
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~ "1~ 1
~ - ~ ~ ~ 'P~ ~`t~J (SEQI~ - ~
~ Sylvia J. ~:`amm ~
~
~ B~~K214 ~~E1376 ;
~ %liis /~ulrrun~~tl f?nPnn•~1 Barry J. S~one
~ ,~~~~~~_~f 2641 East Atlantic Boi.levard
~ Pompano Beach, Florids 33062
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