HomeMy WebLinkAbout2482 PROVIDED, AL~VAYS, that if tLe Monaaaor sLall g.~ ~w tbe Mortaaaee the indtLtednes~ evidenood br a
oertain pramissory noto - af which tbe follo~rina in word~ aad fi~tues is s true cnpy to w~ii:
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I a 3p,~',`~~y MORTGAGE NOTE nu~~i, Florida. , 19 73
~ FOB VALUE BECEIYED. The uadersianed promise(s to a to t e
) P y h order of
..'tL,t.IAM `.V C~.~ at 113Z3 LwK~~K~Ht
oou~svw~o. G~aviau?~.~+~0 ~N1 .
or sncb otder place as the holder(s) may trom time to tioe ia writiag desi~aate. t6e prlocips[ sum ot
Tk~R~? ~rr+ou:~~NU ~r~nr ~Ha No/YOO---•--- ao.t~su.o0
Dollars ~
to~ether wit6 [nterest t6ereoa upon t6e w~paid balance, at t6e rate ot per ceet~ pet su?nurn trom date hereot uatil lully Paid. twtb
( principa! aod iaterest beInd ps~yable in lawfd money ot t6e United States. pqYable as tollows:
i
~ T~+6 ~u,a uF S3.O~.W. ~ws wasa~a ~~T. iiW.L 8E rAYAt~t.E
f cacrossa l7. 1973. ~wo w ~~at w~. ~r i?ocwuso u~waR. ~
TM~ 37T+e d?Y of w~c~~ rwo ovcrow~ o~ ~ suaa~saNS ~
TliRiAMTG~t 1tNT11. lMis OM.lW?TtQN MAL Yisll MIp IN 1~YLt.~ Aii. MY-
wwn ~~s ~w.~c.~~ s~ To uRa~ss~r n.ro TMa+ ~ r~uNC~~..
T111~ lf:~?~ t~tAY 8~ PttL'Pw10 IN pJRRT JR IN FL~i. AT ANY T1At[ 1~Rl10{/* P~W1i.1Y.
R'hile in default this Qote shal) beat intereat at the rate of teo per centum per annum.
It is f~rther stipulated in t6e e:ecution of this note that should the maker(a) hereo( iail to make anT payments o[ princip~l or iaterest at the time, the same
`F.all become due and pa~able aad should the ssme remain in default for a puiod of f~~~~ daYa, then the remainins parments thea unpaid shall immed~
iacely- become due and parable in accadence ~rith the terms and conditions oi the mortaqae this dsy erec~ted b~ the maker{s) hveof. Failure to e:ercise thia
~~ption shall not constitute e rrairer of the ri6ht to exercise the same in the event oi any subsequent deEault.
The maker(s). endocaers. sureties~ 6uararnors and ~11 other pusons wi~o mar become (iable for the payment hereo(, serereity waire demmd, presentment.
r.ntice of non•parmcnt and notice of protest~ and in case suit shall be broueht for the collection hereof ~ any part hereof, or the same hes to be collected upon
d~mand oi sn attorne~. to p~y reasonable attwnep s fees [or makio6 suc6 collection and a11 costs incurred thereby.
This ia a mort~aRe note executed simulteneousir wth and secured by a mortgage of e~en date here~rith made by the maker(s) berein to the payee(s) hereia
and is to be construed and enforced accotding to the laws of the Stete of Florida.
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and shall perform, oompl~+ wit6 and abide by each and every the etipulationa, asreementa, conditions ard oovenanta ot
~ eaid prnmiasory note and of thia deed, then this dced and the eRtate thereby created ehall cease and be null and void.
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~ l. Z`he bi~agor hereby coveaants and agreea:
? (a) T~ pq aIl aad ainaalar iLe pri.eip.l and iauresc and other snms of monq pa~ble b~ rirtne ot Eaid promiEwry note :pd this
t deed, K eitLer, n~o4t~tr on da~. r~a~.~l~ c6~ ~.e .eoa~l~ b~eoma aoe.
(b) T~ permit~ tommk or sofier os ~vaite and t~ maintais t6e im{xo~emeots at a~l times ia a ttate o! so~d repais and "eondition; au~
t• d~ ot permit !e be done q wid premi.e~ ~ins t6at ~ll alter or ehanae t6e ose and c6u~ctcr of wid pcopert~ or irl an~ vrq
: ~ impdr or weaken tbe seeority of this mort~a`e. And in eue of t6e retual. neslcet or inabiliC~ of the Mortp`or to repair aad maintaia
~ wid pnpe~t7, tre Idortp~ae nu~. at 6is optioa, make sn~b rcpain or caau tbe aame to be maae, aad adraoee moneys in tLat be~lf.
; ~ e. pe~ a11 a~ slnanlar tbe tasa, asECSSmeau, leries, liabilities. and obli~nions of e~erp nst~re on said daeribed pnpat~ aeb
; a~ «r6en doe and payable aecordin6 to law. beture t6er becom~ delinyoeat, and to delirer to tbe MoAaa6ee on or before Msnb
~ ~ 1St6 0( e~eh Jeat tu reedpb e~ideocia6 the q~meru of la~+ inll~ impoaed taxes !or tbe preeedina cdendar Year; to indemnif~ t6e
~ a[~etaasee apso 6is demand (ot all tanes. as~essmeob and ehar~es tbat mar be aueued npon this mort6a6e on the indebtedneES ~eeored
~ ~ hereb~, iod p~id br t6e mortp`ee, withont reaud to anr law hen~ofore eaacted or hereaher to be enacted fmpoFina pqment o! ibe
~ ~ole or a~ p~rt tbereof ~pon ibe 1[ortaaiee,
~(d) To q~ aIl ana dn`alar ibe es.ce~ ehar=es and espensea~ inelndinR la~ers' ke~ aud abstnet eo~u rearonabl~ ineurred o~ ~id at
~ tbe 1[~rtp~ee bee~~e oI the failare on the paA of t6e Mort~~or to pertorm, ~ompty w;ch ~nd .b~de br e,~6 snd erer~
~ pola +u, aaeemeau, tooditions and eonaanu of aid proaniasaey~ na~e ~nd t6is mott~~=e or eit~et. and eretq wek psyme~d shall
. ~ bear ictere~t hom date ot tbe rate of ten per eeraam per. anoum.
°1° (cl Tt ia fr.rthrr rove~anted aad aareed b~ aid ptrties that in t6e e~ent of a sait beina iastuated to foredo~e thie mort~ag~, the ~tort-
' r~' appjr at anr tlmt pendinj sne6 foreelo:are suit to the tonrt hatina jotitdietion thereof tor th.r # r~ -
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