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HomeMy WebLinkAbout0433 .'.•.~.'.'.L•.~.f.'rf?~3~.L'.•.S.S?..'.'.•.•.•r'.•.•.•.•.•.•.•.•.•.'.•. : : . ~ s 28~~'-~------------ Ju~y ~'h 19 ?8 FO C , ned jo' 1 d s en I, PRO ISE TO P Y to the or~er of ; . , ~~~G~~ ~l~~ A ~~r~a ~an~nq . ~orporat~aa _ - - _ _ . _ _ _ . - J DOLLARS, ~ 'I~iea~y--Five ~TiiouB~d~ ~nd~ Ho 1~6 . . . . . . . . . . . . . . , • • • . • • • . . . . • • . - - - ~'lo;~ida 39467 at g• ~-T-E.-~-I3B~'1 ~c~Ch~ - or such other plsce as the holde? ~ heroof ~nay desi~n~e in w~itin~ togethe~ with interest from ~ ~ 1~~ a t t h e n t e o f p er centun~ P s~ a~num on the unpaid bala~ce until Maturity. The said principal and interest shall ~ be due and able as follows: ~ $~0~.92 s mo~h, the tirst p~yment 1~elnQ due one month irom date, iu~d ; cartinue ior e~ch mosdh thereatter until p4id. This auna oi $9~.9a P~Ld ~ ~ e~ch mo~h 8ha11 !lrat be creditea to interest and the remsinder to th~ ~ ri principal ad thia ob~iqatioa. Tbis note mqq be prepaid at ar~y time ~vithout ~ , ; Pea1tY• - ~ ~ . ~ If d~Fauh M mad~ for ~ dsys in th~ pay~nenl of any ieslall~ent of princips) or inhr~st o? ser p~rt IMreef, th~ whob ~um fMw remainin9 ~ unpaid witl~ ieNnst shal) a1 Iwld~~'s oplan becorn~ dw snd psyabl~ wilhout notic~. failur~ M•:e~cis~ such option shall nof constitut~s waiver of 11~~ ~ight 10 ~a~nis~ IM ssina in ~NM ~v~M ef fYbl~qYMI d~fault. Aft~r m~furity botl~ principsl and sccrv~d inter~sf sAsll bea~ inMr~s~ s1 per c~nf~n~ ~ ~ pe~ i1111YT ~n61 p+id• TM nuk~n snd ~odorsen of this not~ furfher waive d~mand, noNc~ of nompaymenl and prol~sf. If Ihis nof~ is oot psid al maturity aed tM s~~ is plac~d wifA an attorn~y for coll~dion, 1h~ makers aed •ndorsers Mreof agr~~ 1o pay all costs of col{ection, iniludiny a~l court i rn ~ costs and r~aseaabl~ aner~•r f..s. ~ . ? . : ~ : : -I~~ T~ ~I~8BE3Y1 (SEAL) : - - - - (SEAL) Attesr j~I'fi~ ~~BSW'1 ~ - - - - _ (SEAL) - - - - ? i~ I I f i~ I I I I I~ I 1 I I I I I I I I/ I I I I~ I f I I I I~~ f~ I I I I I? • I i i I I I I I~ i~ I I I~ I I~ i I I I I I I I I I I I~ I I I I I I I/ I I I I I I I• irii?i~1~I~is-s~ii~i~??i~?i~ii~iiiiisiii~ii~i~i~i.~ii?iiiii~iii?~~i?iii~ii~iiiii~iir~iii~ii~iii??? : and shall duly. promptly and fully perform, discharge, execute, effect, completP, comply w~th and abide by eaeh and e~ erv the stipulations, agreements, cond~tions and covenants of said promisaory note and of this mortgage. then this mortgage and the estate hereby created shall cease and be null anu vo?d. It is understood that each of the words, "note," "mortgagoY' snd "mortgagee" respecti~ely and the uron- ouns reterring thereto, whether in the singular or plural anywhere in thia mortgage, shall be singular 3f one only and shall be plural jointly and severally, if mure than one, and shall be masculine, feminine and/or neuter. wher- ever the conLext so imglies or admits. And said Mortgagor for himselt and his heirs, legal representatives, successors and assigns. hereby coven- ants ann agrees to and with said 1?iortgagee, his legal representatives, successors and assigns: 1. To pay aU and singular the principal and intereat and the various and sundry sume of money payable by virtue of said pmmissory 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, liabilities, obligations and incumbrances of every I nature and kind now on said described property, andlor that hereafter may be imposed, suffered. placed, levied i or assessed thereupon, and/or that hereafter may be levied or a_csessed upon this mortgage and/or the indebted- E 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 thereoi is of record the same E shall be promptly satisfied and discharged of record and the original official document (such as, for instance. ! ;he tax receipt or the satisfaction paper officially endoraed or certifiedl shall be placed !n the hands of said ~ :Nortgagee w'ithin ten days next after payment; and in the event that any thereof is not so paid, satisfied and ~ discharged, said I?iortgagee may at any time pay the same or any part thereof v~lthout wai~~ing or affecting g any option, lien, equity or right under or by cirtue of this mortgage, and the full amount of each and every ~ such payment shall be immediately due and payabie and shall bear interest from the date thereof until paid at the rate of ten per centurn per annum and togeiher wzth such interest shall be secured by the lien of thie ; mortgage. ~ 3. To place and continuously keep on the buildings now or hereafter aituate on said land fire and windstorm ~ insurance in the w~ual standard policy form, in a sum not less than , in 9llCh COJII- ~ pany or comp^aies as may be approved try said Aior2garce: sind all such insur•tnce policies on any of said build- ~ ings, any interest therein or part thereof, in the a~~regate sum aforesaid or in excess thereof, shall contain the usual standard mort~agee clae~se makinR the loss ur.der said policies, each and every, payable to said 1ltortga- ~ gee as his interest may appear, and each ar.d every such policp shall be promptly deli~ered to and held by said 11lortgagee: and, not les.g than ten days in ad~~ance of the expiration of each policy, to deliver to said btortgagee ~ a renewal thereof, together with a receipt for the premium ~f su~h renewal• and there shall be no such insur- a~ ance placed on any of ~aid buildings, any interest therein or part thereot, unleas in the form end with the loss ~ payable as aforesaid; and in the e~•ent any sum of money becomes payable under such policy or policies said Dtort~agee shall ha~•e ihe option to receire and apply the same on account of the indebtedness secured hereby or ~ to permit said biortgagor to receive and use it or any part thereot for other purposes without thereby waiving ~ or impairing an} equity, lien or riRht under or by ~•irtue of this mortgage: and in the event said Mortgagor shall for any reason fail to keep the said premises so insurrd, or fail to deliver promptly any of said policies o! ~ insurance to said DlortgaRee, or fail promptly to pa~ fully any premium therefor, or in any respect fail to per- - form. discharRe, execuie, effect, complete, comply ~rith and abide by this co~enant, or any part hereof, said ~tortg- sgee may place and pa~ for such insurance or any part thereof withoui waiving or atfecting any opiion, lien, equity or right ~under or by viKue of this mortgage, and the full amount of each and every such payment shall = be immediately due and pa}able and shall bear int~rest from the date thereof untll paid at the rate ot ten per ~ centum per annum and together with such interest shall te aecvred by tha lien oi thie mortgage. 4_ To permit, commit or sutfer no ~tia,te, impairment or deterioretion oi said property or any part thereof. n 6. To pay all and singular the costs, charges and expenses, inetuding reasonable lawyer'e fees and cwt o! ~ abstracts of title, incurred or paid at any time by satd Mortgagee because and/or in the avent of the failure ~j on the part o[ the said Mortgagor to duly, prnmptly and fully perfotm, dlscharge, ~ecute, effect, complete. ~s comply with and abide by each and every the stipulation~, agreements, condiUon~ and covenants of said promis- eory note, and this mortgage, any or either, and safd costs, chargea and expenses, each and every, ahall ~e Im- mediately due and payable, whether or not there be notice, demand, attempt to collect or ault pending; and the ~ hill amount of each and every ~uch payment ahnll bear interest from the date thereof unUl pffid at tbe rate o! ien per centum per annum; and all safd co~te, chargea and e~cpenees eo tncurred or paid. together wfth euch !n- ~ tereat, ahall be eecured by tha lfen of thia mortgage. ~ ~a ~ ~ A 4~3 64.K~~~ ~ ~ ~ ; ~ = , ~ , : - : ~ ~ - , . _ . .x r~._~~