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5..1.9.,QOO...QQ....... Hollywood. Florida. December~~~._~ 19...73
FOR VALUE RECEIVED. i. or WE. promise to pay to the order of
---•----CrCI L.. E_, J~:YKI.NS.. and.---~3E~TX __AN~Y._.J~1~IKKLPiS.,.__his.__~cif.e,.----•--------------------
~ Nineteen Thousand_._ar~d...no1..1.Q.Q.-.-.-.-.----=
of Nollywood. Florida. and assigns. the sum of . . .
------------------------------------.-_-_-----_-----~---5-19~-0~~..oa.-----......_
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with intcrest at ~he rate af_ 21i~?~ per ocntum per a~num on the unpaid balanccs of principal.
Said principal and interest shall he payable S_.170..9~j monthly from date hcreof. to bc
applied tirst to mterest on the unpa~d balance and the remainder to priocipal until said debt is paid in full.
`t agr~s~Ysh~aZ,h~U~~~e ~ght ~~~~pay said indebtedness in tull or any portion thereof at any time without
~ • St Lucie.._CQunty $ar~.}C,.~._pierce_,Fla.
penatty. Bo~h pimcipa an entc es shall be payable at..__.__._..
In ~he event of default of payment in any installment o[ principat oc interest for a period ot thirty
(30) days. the holde~ of t:`:es note may at their option dcclarc all the remainder of said debt due and
collectible. and any failure to eaercise said option ahall not constitute a waiver of the payment of this note
and if the same is collectcd by an attorney at law. we agree to pay all costs of collection. including a reason-
ablc attomcy i fee.
We further waive demand. protest. and notice of demand, protat. and noa-payment.
Given under our ha~ds and seals.
----JAC~ ~...DAVIES-------------------------------_~--(SEAL)
( SEAL )
PAULINE DAVIES
I an~ shal~ per~orm, comply u~it{i nnr~ atii~~e ~y ~~ac~i ancl ~i~~ry Ilie slipu~aliuns, a~reem~nls. couc~ifions an~ cove-
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I~ nants OJ saicl promis~ory ftUlP...... «?1~~ O' 1~115 (~PP(1, ~~IPII ~~IIS (~('P(~ (1111~ ~~IP estat~. Ihere~)~ ffP(1~P(~ S~IG~~ CP(!SP QII~
~P IIU~~ Qtl(~ !'Ul~:
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I 3I I. The l~lorl~agor he?e6y corereanls anc~ nryrees:
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; (o) To pay a~~ anc~ cingu~ar t~~e principa~ an~ interesl and lhe various and sunc~ry sums of mone~ pay-
~ able 6y i~irtue of the abore desc~ib~~d promissory noti~. an~I f{iis morfflafle, nn~I aeip nncl aII reneu~als o/
~ f tl~e snme, or nny part lliereof, and also anp and nll otl~er loans and; or advancemenls wliich may 6e made
~ ~y ~~ortguy~~e fo ~~Iorl~a~or, promplly on t~ie c~nys ?especlire~} the snme sei~era~~y 6ecom~ c~ue.
I (6) To poy a~1 anc~ sin~ulnr tl~e taxes, assessmenls, leries, ~iabi~ities, ob~igalions anrl ~ncum~~rances o~
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I i ei~ery nalure, on saic~ c~escritiec~ propetty each an~~ every, un~~ i` t{~e same ~e not prompf~y paic~ t~~e ~~ort-
~ ga~ee may at any time pay f{~e same ivithout tuniving or a~~ecting the oplion fo f
orec~ose or any rig~~t ~ere-
unc~er an~ erery paym~nt so mnc~e s~~a~~ ~?ear ir~trrt~st (rom t{~~ Jate t~~ereof at t~ie rate oJ...._.._. ~L"._..._._.per
centum per annum.
il (c) To pay all and sinc~ular the costs, cfinrges and e.rpenses, including lawyer's f ~es ancl nhstract costs
' i~ reasonably incurred or paic~ al any linie by ef~e t~~or141qee because oj t{~e ~ailure on f~ie parf of fl?e Mort-
~ i i gagor to per~orm, comp~y wif~ an~ abic~e 6y eac~i anc~ ecery t{?e stipu~ations, agrermt>nts, conditions and
~ covenunts o/ saic~ indeb~edness nnd said promissory nole______ and th~s deet~, or eit{ier, and ecery sucli pay-
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~ I~ ment s~a~~ benr interesf ~rom ~ale at the rate of .................p~ r centum per annwti.
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(d) To kge t{ie buijdings no or ?~ereaFter ori snid iand insured against loss 6v (ire in a sum not Ipss
~ }~,I hig~est insura~1 le value hi~] e ~t lny~urable va]~ue
e I ( t{tan and ngainst loss by u~indstorm irt a sum no[-less lhmi S.__ in
f
; I I ~ a corrzpany or companies and t{~rough ~nsurance Agents or Agerecies to he namecl an~ ~~PSe~natec~ hy l~ie
~ 1~ A~ortgagee and the policy or policies shnll be held and paya6le to tl~e A1ortgaflee. In tF~e erent any sum
~ ~ I oj money 6ecomes payable under such policy or policies, the INortga~ee shall har~ tl~e option to receive
~ , nncr app~y t~e same on nccount o/ thP inde6tedness hereby securec~, or to permit !he ~lorlgagor to receive
~ ~~I anc~ use it or any part thereo( Jor ot~e~ purposes, wilhou! thereby waivinc~ or impairing nny equ?ty, lien
~ or ri~~~t unc~er or by virtue o~ fhis deed, and !~e i~~ortgagee may place ancl pny Jor suc~~ insurance or any
~ i ~ pa?t fhereoJ wifhout wniving or a~jec[ing t~e option to (orec~ose or any rig~t ~ereunc~er, anc~ each anc~
~ j i ~
~ j every suc~ payment s~a~~ 6ear interes! ~rom c~ale af l~~e rate oj_..._...7l~..._.-._-.per cenlum per unnum.
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~ ; I~ I (e) To permit, commil or su~~er no u+aste, impnirment or deferioraliun oJ suitl propPrly or any pa?l
~ I t{?ereoJ.
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Tha~ i~ any of sai~ sums o~ money {~erein re(errec~ to he not promptly and fully paicl within_._~A_...
~ days nPxt a,~ter the same severally becomes due and ~yn6lp, or i) each ancl eoery fhe stipulations, ag?ee-
ments, conditions and covenanfs o~ said promissory note and fhis deed, or either, are not ~u~~y per(ormed,
~ ; i~ comp~ied u~it{~ and ab~ded 6y, the said aggregate sum mpntioned in said promissory note, and any ?eneu~al
~ i',) thereof, an~ a ~ ~ in c
le bt e
dness (rom Morlgagor to 1~
lortgag~e, s ha l l 6ecome due an d paya b le ~orl hu~if l or
~ ~ f~erea ter at the opfion o~ the ~'~'~orfgagee as ~u~[y ancl completely as if the said agc~regale sum o( sait~ in-
= j( de6te~nesc and said promissory nofe was originally stipulated fo 6e paic~ on surh dav, anyl{~ing in snid
promissory note or ~erein fo t~e contrary notwifhstancring.
' (g) T{~at in orcler to accelerate the mnturily of t{~e ireclebtPdness F~ere6y secured, beca~~e oJ tF~e )ail-
J g g pav any fax, assessment, ~ia ~ ify. o~~ ~~ation or encum~upnce upon saic~ properly,
ure o t~e Mort a or to f~'~'
as {~erein pro~i~ec~, it s{~a~~ not bp necessary nor requisilP il~at fl~e ~'~~orfga~ee shall ~irsf pay the same.
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~ l';~ j To per)o?m, compl~ u•itf~ and abide ~y eac{i and ~rery Il~e stipu~ations, agreemenls, conclitions and
~ covenanls in sa+c~ promissor~ nofe ant~ in fhis c~~~•~ set ~orf{e.
~ !;i ` 2. The lien hereoJ shall exfend to and include the use, rents, nnel pro~its oJ saicl premises. E~ul II~e t~lortgnyor
I ~ ~~ial~ ~~are f~e rig~f to remain in po~ses~ion of said premisrs anr~ ~njov t{ee us~, anc~ to rec~i?•e 1{ie rents anc~ pro'ifs
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Ifiereoj. u~it{~ouf nccoeu~liny to t~u~ ,~~orf~~a~~ee t~~ere~or. so ~on~ as t~~rr~ s ~w ~~F• no c~e Jau ~t {~ereun~ IPr. proni c~ec l
~N ~ fE~at in t~?e et~ent oj any suc~i ~~~~~~u~f ~i~r~rinc~or (or a perio~{ o~---.10-_.--. _~~ays. 1~~~ :~~orf~~a~~ee s~~a~~ {,r ~nfil~~cj lo
~ t~~e possession nnc~ use of sair~ morl~ia~~~al prnmises. ancl to recei~•e nnt~ app~/ f~i~ n~•t r~nk an~~ pro~ifs I~er~o~.
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Y~ , ~ upon ant~ toivard th~ payme~nf oJ tlu> in~lPblednPSS here6y secur~~~l.
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