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HomeMy WebLinkAbout1275 ' . : 4 ~s L 4 ~ i • . • . • : . : : : • . • . • . : • . • : . ' . • : : . ' . • . : : . ' . ' . • . • . • . : • . ' : . • . • . • . : ' . • . • . • . • . . ' : . . • . • : s~7; ~CC. CC _ J:inuary 3 0 ~9 74 ~ ; FOR Vq~,~~g~4 E, ths undersi ned, jointl and severally PROMISE TO PAY to the o~~er of ~ ~ MAKV~I WIEKE~ And L~TCILLE I. ~lJIEi~~ER, his wif~ ~ . ; - - - - _~_~,.~~_.._DOLLARS. ~ ~ Seven ~hou~ aw.dFive Hundred and N~/1CC ~ ar P. C, 111 JEtlserl Eea.ch, Florida 3345? ;~'ch othe? place as the holder R : hereof msy desi ste in writin~ togethe~ with interest from . ~AA?VI~R~y 3 Oj ~ ~ at the nte of .l..~i pe~ centum pe~ annum o~ the unpaid balance until maturity. The said principal and interest shall ~ ~ be due a~d paya e as follows: ~ ~ $173. C5 a month, t e fi st payment i~~~ing ~?ue ~ne month froin d~.t~~, and ~ - continue for each cn thereafter until paid. This sum of ~1??. C~ paid ; each month ~ha11 f~ be cr d tc. i~t~r•;: ~t ~~nd the remainder tc the ; principal of this ~b~ i• ~atf . T s note may be prepaid at any time without ~ [~.,,,~t~ ; ~ If d~(aJft~ei~inid~ ~or ~v days in Ihe yment o y initallmen~ o piincipsl o~ interest o~ any parf Iher~of. 1h~ whol~ au~n tb~n ~emaiein9 ~ `.,npaid with inNnsf shall at I~older's optan becom~ d and p~ a b without notic Faitur~ to •:ercis~ such oplioe s6a11 nol consfilute waiver of Ih~ ~ r~ght fo ~:~rcis~ th~ s~nN ie 1M sv~nl of svbs~qv~nt d~fault. Fler maf rify th principsl and accru~d inMresl shall bear in~erest af l~j per c~ntum ~ per annum until psid. Th~ mak~n and endors~rs ol t{~is not~ furth~~ w e mand, nolite of non-paymenl and protesl. If tAis not~ is not paid al ~ : maturity and fh~ sank is placed wi~6 an atfo?n~y for collect:oe, th~ mak~~s d ndorsers hereof agres to pay all costs oF collection, including all cou~t ; . co:rs ~nd nasonabl~ anoro~r f~es. : . . ; (SEAL) E1v~~•d Erandotv, dr. : : ' (SEAL) : . Attest: - - - . : : - - _ _ - - - (SEAL) i a~i i~i ~~~~1f~~i i~if~~i~I~I~1~1~~~I~~~I~I~I~~~i~i~i~~~i~I~i~I~i~?~~ i~?~? i i~i i~i~?~i~I~~~i~i~1~~ 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~1~I and sh:tll duly, promptly and fully perform, discharge, exPCUt~, effect, complet~, r.omply w~th and abide by each and e~•er~ the stipu:ations, agreements, ronditions ~nd rovenants of szid prumis~ory note and of this mortgage, Lhen this mortgage and the estate hereby creatrd shall cease and be nwl and co~d. It is under~tood that each of the «•or~fs. "note." "mortKagor' and "mortRagee" respecti~•ely and the pron- ouns referring thereto, whether in the sin~ilar or plural any~vhere in this mortgage, shall be singular if one only and shall be plural jointly and severally. ~f more tlian one, and sh:ill be rnasruline, teminine and~or neuter~ wher- e~•er the co~itext so implies or admits. And saId Mortgagor for himsel[ and his heirs, legal representatives, successors and assigns, hereby coven- ants ana agrees to and with said btortgagce, his legal reprrsentatives, succi~ssors and assigns: ~ l. To pay all and singular the principal and interest and the various and sundry sums of money payable by virtue ot said promissory note, and Uus mortgage, each and every, prompUy on the days respectively the same F se~~erally become due. i 2. To pay all and singular the taxes, assessments, le~•ies, liabilities, obti~ations and Incumbrances of e~•ery ~ nature and kind now on yaid descnbed property, and•or that hereafter may be imposed, suffered, placed, le~•ied 3 or assessed thereupon, and%or that hemafter m:iy br Ir~•~ed or ~~srssed upon Lhis mortgage and-"or the indebted- ness secured hereby, each and e~•er~~, ~~•hen due ar.d payable accord~n~ to law, before they become delinquent, and before an~ interest attaches or any penalty i, iticurrrd; and in so far as any thereof is of record the same : shall be prompUy satisfied and dischar~ed of record :u~d the on~inal official document Isuch ~s, for in~tance, r the Lax receipt er the satis[action paper officially emior,ed c~r crri~f?Fd? shall be placed in the hands of said ~ ~tortgagee K'ithin ten days next after [~ayment; and in lhe e~~ent tha[ any thereof is noi so paid, satisfied and ~ discharged, sa~d \iortga~ee nia~• a[ any time pay the same or any part therent a•ithout w•ai~-ing or affecting ~ an} upti~n. lien, equity or riKlrt und~r or by \'tY~i7A of this mort~a~;e, ttnd the ftili amount of each and e~•ery ~ such pa~ment ~ha? be immediaEt~ly due ami ~~1}•ab;e and sh:il! benr interest from the date thereo[ until paid s at the raLe of ten per centut~~ per annum and t~~~ech~~r' .vith such interest shall be secured by the lien of this ~ mortgage. : ~ 3. To place and contlnuously ke~p on the bu:'.din,s nuw• or hereafter situa[e on said land fire and «~ndstorm ~ . In such com- insurance in the usual standard policy form, in a sum nc~t les9 than S _ Ma.XlY1111I71 ~ pany or comp~ ai~ s as mat• be aF>pr~~~•rd b~• ~anl \Iurt,~_~•e: an t:~Il such insur.tnce pnlicies on any of said build- ~ ings, any interest therein or pari thereof, in th~ n;:~r.•~ate sum aforPSa~d or in excess thereof, shall contain the usual standard m~u•trR,.P~PP ~lav~e mak~n~ the l~:~s ue~l~~r sr?id poLcic'9, fRCII and every, payable to said 1liortga- ~R: gee as his intPrest ma}• appear, an,i ~~ach a::~i <~r}~ h~+uLrp shall be pmmpUy deli~•ered to and held by said ~ I?Iort~agee; and, not less than ten days in ad~anr-e ot_the ~•xp~r:iti~~n of eacfi (wlicy, to deliver to said btort~a~ee t a renrn•at thereof, to~e[her ~~•ith a receint f~~r th~ prpmi»m ~~f ~n~-h r~newnl: and thPr~ shall be no such insur- ~ ance placed on ant nf -aid buil,i,n~9, any ~nte•rrst th~r~~in ~r ~art lherrof, unle~s in the form and with the I~ss ~ pa~~ahle as aforesai~l; and in the e~-~nt any sum of m~m~y bec-ome9 ~~V8t1IP under such pollcy or ~olicies said 'f Mort:;a~ee shall ha~~e the optiun to r~ ~~ei~~e and nnpl~ the ~:.m~~ on account of the indebtedness secured hereby or to rFrmit sa;d \tort~a~or to r.~ei~•~ 1n~i +~~e it or am~ rart thenot for other piirPoses without thereb~ v~•siving ~ or impairing am• equity. lien ~r r~ht under nr by ~•irtue of t}iis mort~a~e: and in the e~'ent said AfortgaKor shall . for ar.r r~nsn~ (ail i~ ke~p the ~ai~! pr•~m~a~~s so in~ur~~, nr fail to dell~er promptly an~ of said policies of insurancP to s:.~d *tnrt~:t~<~e, ~r ful prompil}• tn Frt~• fnlly anv preminm therefor, or in any respect tail to per- forrn, dischar~e, ese~•u,e. . ff~•~t, comPletP. ~o:nply «~th and abi~i~~ b~ th~s co~•enant, or an~• part hereof, said \tortg- a~eP may place an+1 F~a~• for su~~h inaurance or any rart therenf ~vith~ui kai~•in~ or affectinR any optinn. liPn, - equity or r.Rht undrr ~r b~• ~•~rtue u: lhis mort~a{;~. an~l thr full amount of each and everV such pa}~ment shall - be immediaiely due and pat•able and shall bPar int~~e~t frnm the date ther~of unt11 paid st the rate of ten per :;3 centum per annum and togeth~r ~rith cuch intere~t shall be secured by the lien o[ thls mortgaRe. rj 4. To permlt, commit nr suffcr no «•agte, ~m, airment or deterioration of sald property or any pari thereof. 6. To pay all and sin~ular the coats, chnr~es and expenses, includ~ng reasonable la«~ter'a fees and cost of abstracts of tiUe, incurred or F~aid at any time by said 1?iort~agee because andior in the e~•ent of the falluro - on the part ot the said Jtort~;a~;or to duh•, rr~~m~::iy and tully perform, d:scharRe, execute, etfect, complete. comply ~a~th and abide by each and e~•~ry the stipulations, agreement~, condiUons and covenants of said prnmis- - sory note, and Lhi~ mor2Ka~e, any or eithFr, and said cnsts, charges and eapenses, each and every, shall be 1m- mediately due t?nd paynble, w~hether nr not there be not~ce, dem:.nd, ettempt to colleci or suit pendin~: and the full amount ot each and every such pay-ment shall bear interest tmm the date thereof until pald ai the rate o1 _ ten per centum per annum: and all Aaid costs, charge~ snd eapenaea eo incurred or paid, together K~ith such fn- terest, ehall be aerured by the lien of th1s mor:gage. ,G ;~~a e:~~ 224 r,cE1~74 - ?,Y ~ • _ Z. , tip ~ ~ ~~'4 ~~'i ~ . r.f:~'l. ~ _ . . . . . . _ . ~~i' _ ...~..n.