HomeMy WebLinkAbout1941 ti~ :i.: . . :
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' s--............T.Q~.Q4 IENSF1~i H~t~i. r~o:w.. ..........---.Y.......................................... i~............
~ FOR ~JIL~E l1EC~iYtD. !M ~ad~nt~eNd. ~otellt ~sd w~s~ilt. PItONttE TO PA~' !o tb~ osd~s ol
:::.......JF~E~`t..B~~CI~..F,~ANIt....a..~'lar.~da..8anking...~c.r.paratio~n ;
`i' SeYa~t..~QUAmnxl. E~ght..~iiad~ed..Sa~nent.y..and..no./.1D4~.w.~.w-~.w.w.ww-~.w.~-~.~.~.w~..?.~~.~~.~.na~ ~ow~uts.
Jensen Beach Flori
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, at hr
h~not m~t d~al~aaf~ ie wsitia~ !o~lb~s with int~»at lsom dd~ a! tlw ral~ et ..8..... p~r aatnm p~s utaum ~ ilN aa~afd
;:j bals~ aatL matasit~. T6~ s~W psiadpal aad id~s~at ~11 b~ dw ~ud patabl~
~ a mo:rth, the first payment baing due one mo~h #rom date and continuing
for each month thereafter ubtil paid. This sum of $ paid ~ach moath s~II
first be credited to intere~t snd the remainder to the prlncipal of thls obligation.
This note will be campletety pald with 60 monthly payments of ~ unless
sooner prepaid. This note may be prepaid at any time without penalty. i
:E: it id~dt M fw 30......... a.r. e w r.s...~ r.e.u.~..e ~t ~et~cfpl w i~hewt K~s M+t t?N+~f. 1M ~r?~b ~~s t?M e+~1~W
i ui~ Wt~ Iwt~eMt ~?~II ~t MI~'~ MdN McaM A~ ~ Mfa?M vrft?wt ~~tin. FaWu+~ t~ a~eelw ~we? M~1w ~dl e~t ewtlerb • valnr ~f W
2 rf~ t b~Ke1+~ tM Ma» 1~ W}vwt ~f ~rM~M~ i~tuJt AttK rtwlb MH M1~e4d u~ ~ bb~ss! ~WI ?rr i~er+~t ~t ~ a~l+~
i pK ua~ oW MMi. T?~ ~Iw~ ad ~eswr ~t ti4 ~~a fwf~ ~alr• MMSi, Ntia d wyapMrt ~i ~e~bst !f tW Nb 1~ a~t at
:~aMq u1 t6~ M 1~~ ~•[t\ ~s ~ttw~ fM eoll~etl~. N~ s~Y~rs a wi~rsK~ Mes~t y~+w t~ N7 ~fl cast~, ~t aL«tN~. hd~[ ~eanrt
i cwt~ u~ eMw~W alt~ fw.
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' and shall duly, promptly and fully perform, discharge, execute, effect, comptete, comply w~th and abide by each
and everv the stipulations, agreements, conditions and covenants of said prom~s~ory note and ot thia mortgage~
then this mortgage and the estate hereby created shall cease and be null and vo~d.
It is understood that each ot the wonis, "note; '"mortgagor" and "mortgagee" respectively and the pron-
ouns refernng thereto, whether in the singuiar or ploral anywhere in thia mortgage, Ahall be aingular it one only
snd shall be plural joinUy and severally, it more than one, and shall be masculine, feminine and/or neuter~ wher-
e~•er the context ao implies or admits. ~e
And said Mortgagor for himselt snd his heirs, legal representaUves, successors and asslgns, hereby covea-
anta ana sgrees Lo and with said Mortgagee, his legal representatives, successors and asvigns:
2. To a sll and sin ar the nnci al and intereat and the various and sund aums ot mone ~ #
P Y ~ P~ P ry Y paYable by
virtue of said promissory note~ and thi~ mortgage~ each and every. promptly on the days respectively the same
severally become due. -
2. To pay all and singular the taxes, assessments, levies, liabilitie9, obligations and incumbrances of every
nature and kind now on aaid descnbed property, and/or that hereafter may be imposed, auffered, placed, levied
or assessed thereupon, and/or that hereafter may be ]evied or assessed upon this mortgage and/or the iredebted-
ness secured hereby~ each and every, when due and payable according to law, before they become delinquent,
and before any interest attaches or any penalty is incurred; and in so far as any thereof is of rernrd the same
shall be prompUy satisfied and discha sed of record and ihe oriRina! official document (such a~, for instance,
:he ta~c receipt or the satisfaction paper officialiy endorsed or certifiedl shall be placed in the hands of said
Mortgagee within ten days next after payment; and in the event that any themof is not so paid, satisfied and
discharged, said 11forLgagee may at any time pay the same ot any part thereof w-ithout waiving or affecting
any option, lien, equity or right under or by ~ irtue of this mortgage, and the full amount oi each and every
such payment shatl be immediately due and payable and shal! bear inierest from the date thereof until paid
at the rate of ten per centurn per annum and togeth~r ~a~th such interest shall be secured by the lien of this
mortgage.
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3. To place and continuously ke~p on the bu~idin~a now or hereafter aitua*.e oi~ said fand fire and windstorm
~ insurance in the usual standard policy form, in a sum not less than s. MaX~T1um in auch com-
i pany or comp^nies as may be approved by sai~l 1ltorl~a~ce: and nil surh insurance polecies on any o! said build-
! ings, any interest therein or part thereof, in the a~~reRate sum a[oresaid or in excess thereof, shall contain the
i usual standard mort~agee clause makinR the lu~s ur.~i~r said policies, each and every. paqable to said lltortga~
gee as his interest may appeat, and each a::d e~•e: p su~•h pnlicy shall be promptly delivered to end held by said
° l~fortgagee• and, not less than ten days in ad~•an~e of the expiratian of each policy, to deliver to swtd Mortgagee
~ a renewal ~thereof, to~ether w-iih a receipt fnr thP premium of ar~~h renewal; and thece ~hall be no such insur-
; ance placed on any of said buildinRs. any inlerest therein or part thercof, unless in the form and with the loss
payable as aforesaid: and in the e~•Pnt any sum of money becomea payable under such policy or policies said
; Mort~agee sha11 hare the optian to receive and apply the sam~ on account ot the indebtedness secured hereby or
s to permit said Mort~a~or to recei~e and use it or any pnrt thereot for other purposes without thereby waiving
; or impairing an~ equity, lien or ri~ht under or by virtue of this mortgage: and in Lhe event said Mortgagor shall
for any reasoa fail to keep the said Premis~s so insurcd, or fail to deliver promptly any ot said policies of
insurance to said rtortgaRee, or fail prompUy to pn} fully any premium therefor, or in any respect fall to per-
form, dischar~e, execute, eftect, complete, comply nith and abide by this covenant, or any part hereof, said 1ltortg- -
agee may place and pav f~r such insurance or any part thereof without v~aiving or atfecting any option, lien,
equity or right under or by virtue of thi9 mortgaRe, an~ the fu!1 arpoe2nt of each and every such payment shall
; be immediately due and payable and shaU bear intPrest trom the date thereof until paid at the rate of ten per
centum per ennum and to~ether with such interest shall be eecured by the lien ot thie mortga~e.
` 4. To permit, commit or suffer no «aste, impairment or deterioration of sald property or any part thereot. ~
6. To pay all and aingular !he costs, charRea end expenses, including reasonabie iawyere iees anu cwE i,i
abstraets o[ titte. incurred or pafd at any time by sald Mortgagee because and/or tn the event ot the fafltue
on the part ot the said MortgaRor to duly, promptly and tully perform, dlscharge, ~a[ecute, effect. complete,
" rnmply v~-Ith and abide by each and every the stipulatton~, agreements, condiUons and covenante af said promis-
aory note. and thi~ mortgage, any or etther, and sald costa, chargea end eapenses, each and every, ahnil be fm-
; mediately due and payable, whether or nat there be notice, demand, attempt to coliect or ault pending; and the a
~ lUll amount of each and every auch pavmeni ahall bear intereat from the date thereoi untU paid at the rate o1 €
- ten per centum per annum; and all safd coste, charges and expenne~ so lncurnd or paid. Wgether with auch fn-
tere~t, shall De eecvred by the lfen of thls mortgag~e.
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