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Home My WebLink About2355 ~ `til ~-v• ~ , k~a. oa . _ . ~ Florid:~. . er V.i_~/. . 3'.~. ~ 19 . i O:i V:~L'JF: RECEIVED. !hs ~1c'ersig~ed, jointlY and sova~ally, PROM[SE 70 PKY to Iho order oi . !i i.; , 1.::I. ~ Ctl'r0 f3RO~YN. a~ unremarriec~ widow. _ . . 'i'~ti•ent -Ei ht '.Chausand :'our. .Huncirr~d . . . . (~Z~,QQQ.OO~ ariC~ 110~100-----------------------.. AOI.LARS. ~ I1 _ _ . _ _ .tt _~OJf't,~ierce, ~'~Ux1G~~.........._. . or such olher place as !he holder ~ ;I `~~:e~t may dcsi~ats in wrilir.g, logethar with inlcrest ltom date at !he rate of 7 pet ccntum per annum on !he unpaid ~ b.ilanea unlil mui~:rity. The said prineipal a~d interes! st~all be due a~d payablc as lollows• (f ti~ In Five {5) ec~ualannual installments of $5,680.00. plus interest, the first such annual ~i ir~stallment being due on the ~ day of July, 1974, and each subsequent year thereafter ~intil paid in full. ii 'i'he mal;ers may prepay any or all of the unpaid principal at any time before due without ~ t payment of penalty therefar . ~i Il 11 ~i i! li ~ !1 i'~ Se(ai~lt ba made (or 30_. . aar~ in Ihe V+ymrnt oI +~ny imt~llment ol principal ur intrrest or any part tlfereof, the v+!wle •um thte remaioin~ impnid Yvilh iulerest ~hal~ ~t hoider'a uption become du~ and piya6te v~Gthou[ notica Faiture to ea~rcix wch optioo aAaU ~ot consfitut a raiver o( th~ nqht to exercia~ ttie same in Ih~ ~r~nt ol su6sequent A~fault. Alte~ maturity both prin:ipal and accru~d int~r~st ~h,~ll Av,~r interrot at .yer crntum ` ~~.~r annum until paid. Tt.e ma4e?s and tndoroers o1 this notr lu~thsr raive dem.~nd, nutiae nf nuo-paymrqt ind prutest_ li tAia nuie ia aot paid wt ~~i =:~atur~ty a~d tAe same is placed ~.rith an attorner (ur culltclinn, thr makere and endorsers he?eof asre~ to pay all eesH ol cullrction, includint a11 cuurl t~ ~~>sts ..nd r~ason~bfe ~itorner lee~. „ ~~u,a~ ~ . . . - - ~ . _ .~s o ~ _ _ . _ i ~ A nold„Basio~v AL? .s S ,~C~4F ~~i1~r cNt~ ~ . ~ ~ olf H.~ erifschel tsEAL~ ~ S~S _ l~i¢•t/ ~~5!~ c~ t~i i~! (SEAL) ii an Baslow . _ _ . . ~ ~ ii ~ _ . _ - . . . _ (SEALi ~ and shall dul~, promptly and fuli}• perform, discharge, execute, eifect, tomplete, comply with and abide b}' each and e~~ery thc sti~ulations, agreemencs, conditious and covenants of said promissor}• note and oi this mortgage, then this mortgage and the estate hereby created shall cea~e aud be null auci ~~oid. It is uuderseood that each of the hords, "note," "mortgagor' and "mortgagee" respecti~•ely an~f the pronouns referring thereto, hhether in the singular or plural anywhere in this mortgage, sl~all be siugular if ot~c onl}' and st~all i~e piural jaiud,v and secerall}. i[ more than one, and shatl be masculeue, feminine and/or neuter, whererer the context so implies or admits. ,ind said dtortgagor !or himsel[ and his heirs, legal representati~es, successon and assigns, hereb~ covenants aud agrees to and with said \Iortgagee, his legal representati~•es, sutcessors and assignx: 1, `I'o pay~ al) ai~d singular the principal and interest and ehe ~arious and sundr} sumc of mone~• pa.able b~ tiirtue oi said promiswr.• note, and this mortgage, ead~ aud ecen, promptly ou ehe da~•s respecti~•ely the same seceraUy Uecome due. 2, 7'o pay all and singular the taxes, assessments, levies, liabilities, obligatious a~~d imumbrances o( e~•ery nature and kind now on said de~cribeci property. and; or that herea[ter may be im~wsed, su[ferecl, placed, lecied or asse,sect thereupon, and/or that hereafter ma~• be le~•ieci or a~cesseci upon this moregage and!or the indebteciuess secnred hereU~~, each and e~~er~•, when due and pa}'able accorcliu~ to law, before they become deliuyueut. a~xt be[ore am~ interest auaches or au~• per:?tty is incurred: and in so far as am~ thereof is o[ record the same ahall be promptly satistied and discharRecl of record and the or- igiual otficial documene (~uch aa. [or instance, the tax receipt or the sati~faction pa~~er o(ticiall} endorsed or crrcitieci) shall be placed in ~he hauds of said \iort~agee within ten da}~s next aiter p:~~~merit: and i~~ thc eti~ent that anv thereof is not so paid, satis(ieci and dischargecl, said ~tortgagee ma~• at any eime paJ• the same or auy part thereo[ without wai~•ing or a[fect- iug anc o~tion, lie~~, equit~• or right under or b}• ~~irtue of th~s mortgaRe, and the tull amount of each ancl e.er~~ such pa~~- ment s}~all be immediately due aud pa~~able a~~d ~liall bear interest irom ~he date therea[ until paid :~t tFie rate oi tr~~ per centum ~r annum and together Nith such ii~terest sha11 be securecf by the lier~ ot this mortl;a~e ~ 3. 'I'o place and continuousl~• kee~~ on the buildings now on c~reafter situate on said la~cd [ire and wind,torm insur- I ance in the usual standard ~lit}~ form, in a sum not tess than ehe hiKhest insurable ~~alue, in wch mmpan~• or co~n~,anies as ; may be approti•ec! by said Jlortgagee; and all such insurance policies aie any o[ said buildings, au?• iuterese dierein or part i ~hereof, in the aggregate sum a[oresaid or in excess thereof, shall contain the usual standard mortgagee clause making the ~ lo~s under said policies; eact? and ecer), pa~able to said Uortgagee as his interest ma~ appear, and each and e~•er}• such policy ~ sl~all be pmmptl}' drti~~erecl to and hetet by said ~tortp,agee: and, rioc less than teu dav~ ii, adcance oi the expir:~tion of each ~ Ewlicy, to deli~•er to said .liortga~{ee a renewal thereot. together with a receipt for the premium of such reuewal: aud there ! shall be no such insurance placed on any of said buildiup,s, any interest therein or part thereof, unless in the form and Mith ~he loss payable as aforesaid: and in the e~~ent any sum ot money becomes pa}•able uoder such policy or E,olicies ,aic~ \(ortRagee shall have the option to recei~•e and apph• the satne o~i accounc of the indebteclness serured hereby or to permie said ~Iortga- > gor to recei~•e and use it or any part thereof for other purposes Mithout thercby wai~•in~ or impairin~ any equit2~, lien or right under or by vircue o( chis mortgage: and in d~e e~•ent said \iortgaqor shall tor any reason fail co kecp the said premises ~ so insured, or fail to deliver prompdy any ot saicl policies of insurance to said ~tortgaRee. or (ail prompd~• to pay fall} a+~y ' premium therefor, or in any respect fail to petlorm, distharge. execute. effect. comple~e. comph• N~th and abide bv this co~•- enant, or any part hercrf, said ~tortgagee may place and pay for such insurance or any put thereof ~viiliout wai~•ing ~r affectiug ai~y option, lien, equity or ri~ht under or by virtue of this mortgage, and che [ull amount oi each and e~ery such ; payment shall be immediatel} due and payable and shall bear interest [rom the date thereoE until paid at the rate o[ ten per centum per annum and together with such interest shall be securecl by the lien oE this morty,age. 4. To Permit, tommit or suffer no waste, impairment or deterioration ot said propertt or any part thereof. t 5. To pay a11 and singular the costs, charges and expenses, including reasonable faw}er's [ees and cost o[ abstracts oE citle, incurred or paid at an}• time by said rtortgagee because aod/or in the e.•ent of the tailure on the pare of ehe said ' ~fort~;a~or to duly, promptly and [ully pertorm, dischazge, execute, ef[ect, complete, comply with and abide b~ each and ° e~•en the stipulations, agreemenu, conditions and covenants of said promissory noce, and ti~ia u~urtga~e, nTi1 0~ ciilicr, a::d - said costs, charges and expenses, each and e~~ery, shall be immediately due and pa~able, Nhecher or not there be notice, de- - mand, attempt to coiiect or suit pending: and the full amount of each and e~ery such pay'ment shall bear interest from the g date thereoE until paid at the ratt of ten per centum per annum; and all said costs, chaiges and acpensex so incurred or paid, together with such interest, shall be secured by the lien of this mortgagC. aooK216 ~cE23~ f : - " ; ' ~ . . _ . . . 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