HomeMy WebLinkAbout0972 3.~*~Q..QQ------ S'UART, Fiorida, 19_.T~_
FOR V C I E the u dersigned 'ointi nd seve a i, PROMISE TO P Y to the order of______________ _
• ~ s~i~c a ~ot~~s bao~~
aor~os~?t~oa___. -
~ ~a~d- - . _ _ . ~,~~ooi~nas,
~i at .__.j~~~~r.s'3,p~~-__~ _.____or such other piace as the holder
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hereof may designste in w~iting, together with interest from dst~ at the rate of _ per centum per annum on the
; unpaid balance untii maturity. The said principal end interest shaN be due and payable ~=OZZO~lf
~•~o4th ~ t!N ti1'i!t pti?Nat b~i1t d1M ON ~!L !!Ot ht~ • t~
eoatis~laa :or «?c~ iostb tlNeratt~ ~t~tt~l paie. ~'Mi• w~ ot ~u.f~i
p~id ~aati ~aetb ebal! lir~t b~ os~it~i to i~t~t s~ tb~ rwi~dp~
to tM ps'i~~.p~al ot ttis• obli tios. i'ftis ~sq ~ill b~ ~pl~t,~l~ paid
~ritb 1~0 ~oat1~I~ p~~t~ O! ~ ~oowar ~paid. '!'~i~ eot~
fy,~ b~ pt~paid at ao~ tip rnitbout p~o~lty.
~ If delwlt b~ ~nad~ for d~ys in Ny p~yen~nt ef ~ny :mqpn~~nt et pineiwt oe inhr~u a~ny pre Me~wf. ?M wAol~ su~n ehee .a++a~n~nq
u~paid wifh '~r~nst sMtl ~t AoldK'~ ~p ?:on bca~r dw ~nd p~r~pl~ w~~Aoul naid. ialw~ a~a«uN wd~ op?~on alu11 ro~ n• w~i.~ee of tM r~qM
~o •aNC~~~ tM s~nr in th~ ~wnt of auMp~.~nf d~lwh. Af~ ~nw:~y EoM~ prin~:p~F ~nd ~caWd in~~t s1,Nl bNr ineer~sf a~
~nn1 paid. T!w mat~n and adw»n o~ thi~ rwr~ tw+1w wo~ d«nr+d, naiw ef oK cMruT a~r •nnom ~
v~xW w~~h ~n atarery /or coll~ction. Nw nrk~n ~nd ~ndo.wn h«wf ^O1~r^~ne ~+d aae.t. If rh~s nae ~ot pa at~ n+ann~ey ,nd the sam~ ~s
~ prM b pnr ~11 caab of oolMetioe. inciuducp ~11 towr cwa and rsawnaDle ano.+wr tses_
I~+~YAlQ !lt^Odt - (SEAL)
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and shall duly. promptly and fully perform, diacharge, execute, etfect, comptetP, comply with and abide byiy+~eh
and everp the stipulations, agreementa, conddio.~ and covenants of ssud prom~saory note and oi this mortgage.
then thts mortgage and the estate hereDy created shall ceaae and be null ana ~•o~d.
It is understood that each ot the worJs, "note," '•mortgagor" and "mortgagee" respecti~ely and the pron-
oun~ referring thertto, whether in the singular or plural anywhere !n tht~ morigage. ehall be aingular if one only
and ahall be plural jointly and xvenUly, if mure than one, and shall ~e mesculine, feminine and/or neuter. wher-
ever the context ao implies or admits.
And said Mortgagor for himself and his heir~, [egal representativea, successora and as~lgns, hereDy coven-
aaLs ana agree~ to and with naid Mortgageq hia legal rep~esentatives, successors and assign~:
To pay all aad singular the principa! and iniereat and the varlous and aundry aua?s ot moaey payable b
vlrtue of sald promis~ory aote, and this mortgage, each and every. prompGy on the day~ re~pectively the asme
severally become due.
Z. To pay all and singutar the tnxes, as,qessrreenis, Ieviea liabiliiie~, obliRations and incumbrances of every
nature and kind now on said deacnbed propPrty, and; or that hematter may be impoaed, auttered, placed, levied
or assessed thereupon, andlor that hereetter may be levied or assessed upon this mortgage and:or the indebted-
ness secured hereby, each and e~ery, when due and payable according to law, be[ore they become delinquent,
and betore any interest attaches or any penxlty is incurred; and ~n so far as any thereof is oi record the sama
shali be prompUy satistied and discharged ot rerord and the onRinal oftuial document 1~uch a~, tor ina[ance.
:he tax reeeipt or the satiatacGon paper officially endorsed or certifiedl ahsll be placed in the hand~ ot aaid
tiiortgagee within ten days next after payment; and in the event that any thereof is not so paid, satisfied and
discharged, said Mortgagee may at any time pay the same or nny part thereot w-iihout wai~ing or af[ecting
any optibn, lien, equity or right under or by ~•~rtuP of this mortgage, and the [utl amount of each and every
auch payment shal! be immediately due and nayab;e ~nd shal! bear interest [rom the date thereot until paid
at the rate of ten per centutn per annum and togethPr v~~th such interest shall be secured by the lien of thie
mortgage.
3. To place and continuously keep on tRe bwtdin~s now or hereatter aiteate on ~aid land fln and windstornv
` insurance in the t~~ual standard policy form. in a sum not les9 than i- fn such com-
; pany or comp^nirs as may be appr~t~ed by ca;~l Afnri~aree; and a!} such insuranre policies on any of said build-
ing~, any inte~est' therein or part thereot, in the a~Gn~ate sum atoresaid or in excess thereot, shall contain the
~ usual stsndard mort~agee clause makinR the lu~s urd~r said policiea, each and every, payable to said 1liortga-
~ gee as hia interesi may appear, and each ar.d P~•ery su~~h pnGcy shal! be promptly delivered to and held by esid
Mortgagee; and, not less than ten days in ad~•anre of the Pxpirati~n of each pol~cy, to deLver to snid MortgaKee
~ a rene~vat thereof. to~ether u•ith a receipt !nr thP premieim nf 4urh rPncwal: and there ~hall be no such insur-
j ance placed on any of said buildinRs. any interest iherein or part thereof, unle:;~ in the form and wlth the loss-
; payable aa atoresaid; rtnd in the e~ent xny sum of money become~ payable under such pollcy or policies said
E MortRagee shall ha~•e the option to recei~e and apply the xame on account oi the indebtedne~ secured hereby or
E to permit said MortRagor to recei~~e arsd u.e it or any pnrt thereot tor other purpox~ without thereby waiving
or impairing any equii_v, Ifen or riRht under or by ~irtue of this mortgage: aad in the event safd Mortgagor ahall
for any reaso:~ Eaif to keep the ~aid pr?mi9cs so in~ur~d. or fail to delfver prompqy any of aaid policie~ of
insurance to said biortgaRee, or fai! prompUy to p~v fnlty any premlum therefor, or in any respect fsil to per-
torm, discharqe, execute, eftect, complete, comply w-ith and abide by thia covenant, or any part hereot, agid Mortg-
agee may place ertd pay for such insurence or any part therent with~ut vvaiving or ai[ecting any option, lien,
equity or right under or by t•irtue of this mortRage, and the fuU amount of each and every euch payr.?ent shall
be lmmediately due and payable and shall bear intorest from the date thereot unttl paid at the rate of ten per
centum per annum nnd together with such interest ~hall De eecvrrd by ihe llen ot thls mortgage.
4. To permit, commit or ~uffer no aa~te, tm~airment or deterlocaUon ot aatd pmperty or any part thereol.
!
S 6. To pay s!I and aingular the coste, charges and expenses, Inclading reasonable lawye~'s tees and coet o!
abatracts ot tifJe, Incurred or paid at any tlme by ~ald Mortgagee bccause andior tn U?e event oi the fatlure
= on the part oi the satd MortgaRor to duly, promptly and tully perform. diecharge, ezecute, eKect, complete.
's, comply avlth and ablde by each and every tAe ~tlpulations, agreemeats, conditlons and covenant, of aaid promis-
sory note. and thia mortgap,e, anq or either, snd aald costs~ ctiargq and e:penaes, each and every, shsll be im-
_ meAiateTy due and psysbie. whether or not then be notice, demand, attempt to colkci or sult pending; and tbs
- ful! amount ot each and every such payment shall bear intereat tmm ths dste thereof untU pald at the rate ot
ten per centum per annum• and all satd costa, charges and acpen~es io incurtcd os patd. Wgether wfth such ln-
~ tenat, atial! De secured by the !!en o! thls mortgage.
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5~~~216 ~~~E 97z
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