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Home My WebLink About2344 ~ .-i-sr-~~Y-i-~ri?~y-r~~-sr~?-~-~~~ . ' ` S ='•C, C~ ~ ~~i - - A) N ~ ( t;1 7 19 '14 ~ FOR VALUE RECEIVED, th~ undersipned, jointly and severaily, PROMISE TO PAY to the or~e? of ~ . JENSFIII. ACH EANK. : F~orida ~ankin,g ~~•porati:.n ` ~renty Th _3nd N_:/iCC_ ------------------..-----------------------------DOILARS, ~ ~ at p+ _47C _ ~t;l1 ieII ~~3Ch. F Or~C13 33~~~ _ o~ such other plsce as the holde~ ~ ~ hereof msy desig ste in w~iting together with interest from M A r C H 7~ "lf ` at the rate of pe~ ceotum pe~ annum on the u~paid ba~ance until matu~ity. The said principal and inlerest shall ~ be due ~nd payab as follows: ~ ; : ; ~41~. t7 h, the first oayment b~ing due one month from date hereof and ; to continue ~ach month thereafter until r:aid fo: 3 term :~f iive (5) years. This amount of ~415. I7 ach month, shall fi: st be credited to interest and the . remainder to the n nciple f this obliqation. This note may be pi•~~paid at any time the mal~~rs de ire with ut penalt~. If d~farh be mad~ /or dsrs ~ 1F~e paym~M f any ~nslsllnKn oF princip~l or inMnst ot anr par~ tMreof, tb~ wlwl~ sum t6~n remain~oy i unpaid wilh iet~~~s~ al~all ~t I~oW~r's option beco dv~ and yabl~ w~thout nolic~. Failurs to •:~rcis~ such epfion shall not cons~ituN ~yrsiver of 1hs ; r~gh~ to ~x~rcit~ 1h~ s+m~ in tM ~v~ef of s~bu et aulf. Aft~~ mat~„fy botb princip~l and scc~v~d int~res~ shall b~ar inler~se st ~ jp p!r c~nfurn ~ per annu~n unfil paid. Th~ nuk~n +nd endo~stn o this nof~ furtF~~? aiv~ d~mand, notict of non-psym~et and protsst. If this nal~ is nol paid at ~ ` maturity and th~ ssnw is plac~d with an attorn~y fo~ collecl~on, t k~ awd endorsers hereof agr~e ~o par alt cosls of collecfion, includiny ~II couM cosei snd r~asonabb anorn~r f~~s. - ~ 1 , ` : . ` : . ~ ` ' (SEAL) ; _ : Cal Foist . . ~ (SEAL) : Attesf: - . (SEAt) - _ : . ; . and shalt duly, promptly and fully perform, discharge, exrcutP, effect, complete, ~omply wfth and abide by eaeh and ever~ the stipulations, agreements, conddiuns and covenants of srud proin~saory note and of this mortgage. then this mortgage and the estate hereby created shsll cease and be null and void. It is understood that each of the «ords. "note." "mortgagor' and "rno~'tRaKee" respecti~•ely and the pron- ouns referring thereto, whether in the sinRvlar or plural anywhere in thls mortgage, shall be singular il one only snd st~a11 be plural jointly and severally, if rnure ihfu? one, and sh:tli be ma.sculine, feminine and/or neuter, wher- e~•er the context so implies or admits_ And said biortgagor for himself and his heirs, legal representati~es, succe.vsors and assigns, hereby coven- ants ana agrees to and with said I?tortgagee, his legal reprrsentativcs, successors and as9igns: ; 1. To pay all and singular the principal and interest and the various and sundry sums of money payable by ~ virtue of said promissory note, and this mortgage, each and every, prompUy on the days tespectively the same se~•erally become due. ~ 2. To pay all and sing,vlar the taxes, asses.~ments, levies, liabilities, obtiRati~ns and incumbrances ot e~ery ~ nature and kind now on said descnbed property, and;'or that hereafter may be imposed, suffered, placed, le~~ed ~ or assessed thereupon, and/or that hereafier may be le~~ied or ass~~ssed upon this mortgage and%or the indebted- ~ ness secured hereby, each and eti•ery, ~vhen due and payable accoMing to law, be(ore they become delinquen~ " and before any interest attaches or any penalty is incurred; :ind in so far as xny thereot is of record the same ~ shall be prompily satisfied and dischar~ed of rrcord and the oriRinal off?cial document (such as, for i~istance, ' Ihe tax receipt er the satisfaction paper of[icially emiorsed or certified? sht?11 be placed in the hands of said ~ ltortgagee v?-ithin ten days next after ~aymen[; and in the event that any thereof is no[ so paid, satisfied and discharged, said Afortgagee may at any time pa~ the s:ime or any part there~[ w-ithout wait~ng or affecting ~ any option, licn. equity or nght under or b}• ~'~rtuA of thi, mort~age, and the full amount of each and every € such pa~ment shall be immediatPly due and ~~ayuh;c ~nd sh:ill bear intcres; from the Qate thereo[ until paid ~ at the rate of ten per c~~nturn per annum xnd tu~;eth~r ~tinth such interest shall be secured by the lien of this ~ mortgage. - ~ 3. To place and continunusly ke~p on the bu,l~iin:;s n~~w or hernafter situate on said land fire and windstorm ~ insurance in the u~ua! standard poli~ y f~rm, in a ~um nnt less than S ~lIaX1111l=Il1..-.-..---•-~-~-~- in such com- ~ pany or coinp':~i+•s as ma~~ be aF~prn~~ed h~• sa:~l ~Inrr;;a~~•e: ami :~ll surh insur.ince policies on any of sttid build- ~ ings, any inierest therein or part thereof, in ~F1P 1l.'~fa't'ate sum a[oresaid or in PYCC9S thereof, shall contain [he ~ usual standard nt~rt~agPe ~la;~sc mak~n~ the I~~~s ur.~1~~r 9'illl (10L1":P9, fRC}I and every, payable to said btortga- gee a~ his interest mas appear, an~i t~ach a::d ~~~•c~,-}• s~~~ h p~~licy ahall be promptly delirered to and held by said ~Iort~agee• and, not le~s than ten da~s in ad~an~•e nf the Nxpirati~n of each policy, to deliver to cnid biort(;a~ee a rene~val ~thereof, torether ~+-ith a rereipt f~r thP premium ~f ~u~~h r~ne~val: and there shall be no such insur- ~ ance placed on an~ of ~aid buildinKs. any mterest ih~~r`in or rart thereof, unless in the form and with the lose ~ payahle as aforesaid; and in the e~-Pnt any sum of mnn~~ becnmes payabte under such policy or policies sa~d Mor[t;a~ee shall ha~•t the opti~~n to r~~~ei~~e and :irplp t}~e camt• on arcount of the indebtednees secured hereby or to pPrmit said \iort~a~or to r~rei~•~ znd u~e it or any ~art thereot for other ptirposes wiihout thereby wai~~ng ~ or impxiring an~ equity. lien or r~ht under ~~r by ~•irtue of this mortgaRe; and in the e~ent said Mortgakor shall tor an~• rv:?s~n f:+i] to kFe~p the sai~l ~r•~micrs s~ in-ur~d. or fail to delit•er promptly an}• of said policies o! ~2 insurance to sa~d .`.t~rt~a~c•e, or fai) pmmpUy t~ p:~~• [ielly :u?p premium therefor, ar in t+ny respect tail Lo per- ~ form. dischar~e, exec-ut~. Fffe~t, complFtP. ~omply ti+~th and abi~fe by this co~~enant, or any part hereof, said ~tortg- ~ aRer may place and pay for such in:*urance or any rart thFreuf ~vithoui a•aivin~ or a[fecting any opti~n, liPn, equity or n~ht under ~~r b}• c:rtuc u: this mort~,a~c, an~l thi~ fult amount of e:~ch and every such payment ahall - be immediaLely duP and pa~•ablr flnJ shall tx~ar int~rest from the dete ther~of until paid at the raLe of ten per centum per annum and togeth~r ~Wth such Interest shall be secured by the lien of thla mortga~e. 4. Ta permlt, commit or suffer no «aste, ~mpairment or deterioration ot sald property or any part thereot. ~s = 6. To pay nll and sin~ular the costs, char~cs and expenses, including rea9onable laKryer'a fees And cagt of abstracts of title, incurre~l or ~aid at nny time by said At~rtga~ee bec•suse and~or in the event of the tallure 'F~; on the part o[ the said ;tort~a~;or to dnly, promptly and tully perform, discharRe, execute, effect, complete. comply w-ith and abide by each and every the stipulations, agreements, condiUons and covenante of qa~d pmmis- = sory note, and thi~ morf~age, any or either, and sald Cf~9t9, charges and eapenses, each and every, shall be Im- mediately due ar?d pa~'able, w•hether or not there be not~ce, d~mand, attempt to collect or suft pendin~: and the full amount of each and ever~ such pay-ment shaU bear intereat from the date thereot unttl pald at the rate oi 'V~; ten per centum per annum; and all eafd CAY~P, charqe~ snd expenaee eo lncurred or paid, together w-ith such !n- - terest, ehall be aecured by the lien of thln mortgage. 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