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HomeMy WebLinkAbout2366 _ s... .11,~,000,. 00............_ sro~?Ar. nor~aa. ......._.....~~rch... ~ 4.._.~...~... i~74~... ' FOA VALOS RECEIV~D. !M usd~ssMs~. 1otn~1T aad a~~~ra11T. P80AtISE TO PAY !o th~ osd~s ot..._....._......_..........._._.........--••.., j ......PERRY__BOSWBLI.~_..~.~..R.a ~ ; ......Sla~rsn. .Thonaaad....aad ..QQ,l.lOQ--.-.---.------.-.----.-.---.-.----.-.----.--- DoLr.ana ' at pt.Q.:....80?C...785.a... Pal1D. CitY..e....F1Qrida ........................._.................._................--•----....os s~cb o~b.: ~~ae. as ~n. howe~ 1~~s~o! a~at d~i~s~N is w+itt~. 1s~1Ms wilh ial~r~st isom dat~ a! !h~ rat~ oi....$........_..p~s nnt~saa per ~4nwn o~ ih~ unpald bals4p yntil in~lWrit~. TM sW p:lsdpai aad id~r~s! sha11 b~ dw and parabl~ u tollorvss In four (4) equal semi-annual installments of $2,750.00 of the principal, plus interest then due, on January 2 and July 2, beginninq January 2, 1975. 'i The makers may prepay any part or the whole of this indebtedness at any time after January l, 1975 without payment of penalty therefor. u a.t.a~~ ~..~.a. _30--•--- ~.r. d. e?. o.,~..i ot ..r ~.wd..~ ot pfwelWl or Iwtere~! er ~nr put tSMeo/. t?~ wbeM ww th~w rc~aiwiw~ ueyaY ~ritr iatanst ~I~q at ?~r~ NWs wcewN ~w ~ NyaW vit?ert aetke. Failuer te exercis~ suc!? epti~a sA~ll a~t cewsNtut~ a~rai~er e/ tl~e ri~1t ts ~:e~eis~ td~ sw iw ti» ~~ert ot ~ubspw~t ~efarlt A(tK aatdritp oot\ Priaeipal aad accrued intereat sMall bear iatsr~~t at..A. _ p~r cewluw yer an~rs rwtq PaN. 71~ ewkMS ud e~o~se~s ef t?is wot~ fuKAer ~ni~~ aesaad. ~otk~ of ~0~1-~i~sM~ and proteaL If tiis ~o[i h wot pi~ wl m~turiqr a~ t?~ aa~~ is Plaa/ rrit6 a~tt~er IK co1l~sUew. tb~ ~nJ ewJener~ 6e~eot a=re~ to Par all cest~ ~f coU~ctio~. iseludls~ ~11 cowt cost~ as~ e~asona?4 ~etwsh I~q. . .._(SEALI ~ John P. Pot of ~ . _...._...----•-••-•-iSE1lL1 G~Py C~e K. Pottho ~ and shall duly, promptly and [ully pertorm, discharge, exetute, e[fcct, complete, mmply with and abide by each and every ; che stipulations, agreemenes, conditions and coeenants ot said promissory note and ot this mortgage. then this mortgage and { the estate hereLy created shaU cea,e and bc null and void. ~ It is underseood that each o[ the words. "note;' "mortgagor" and "mortgagee" respecti~~ely and the pronouns refemng thereto, whether in the singular or plural an~~vhere in this mortgaqe, shall be singular if one only and shall be plural joindy a~id se~erall~, it more tha~~ one, and shall be masculine, ieminine and/or neuter, hhere~•er tlie cunteat so implies or admits. And said \tortgagor tor himsel[ and his heirs, ley,al representatiees, successors and assigns, hereby co~~enants and agrtes to and with saicl ~[ortgagee, his legal mpresenwci~es, succeswn and ascigns: 1. To pay all and si~~gular the principal and interest and the ~•arious and sundry sum; ot money pa~~able by virtue oE said promissor~• note, and this moregage, each and e~•ery, promptly ou the da}s respecti~•ely the same se~•eraUy become due. 2. To pay all and siugular the taxes, assessments, levies, liabilities, obligations and incumbrances o[ ecery nature and kind norr on said dexribttil propert}, ancl/or that herea[ter may be imposed, su[fered, placed, levied or assessecl themupon. ' aud/or that herea[ter may be Ie~~ied or assessecl upon ch?s mort~ge and/or the indebtedness secured hereby, each and e~•er}. 4 Nhen due and pa}'aUle according to law, before the} become delinquent, aud be(ore an} interest attaches or any peualty is incurred: and in so tar as an} thereof is o[ record the same shali be prompdy satisfied and discharged o( record and the or- ~ iginal o((icial documene (such as, for instance, the ta~c receipt or the sati~faction paper otficially endorsed or certi[iecl) shall • . ~ be placed in the hands o[ said Vorcgagee within ten da}s next aftcr paymenc: and in the e~~ent that am• thereo[ is not so F paid, satisfiecl and discharged, said \iortgagee mav at any time pay tl~e same or any part themof without wai~-ing or a[(ect- iug auy option. lien, equi[y or right under or by ~•ireue of th~t mortgage. and the full amount of each and e~~er}' such pay- ment shall be immecliatel~ due and payable a:~d shall bear interest irom the date thereof until paid at the rate oi ten pcr centum per annum and together with such interest shall be secured by the lie~~ o[ this mortgage. 3. To place aud continuously keep on che buildings now or hereatter situate ou said land fire aud ~~ind:torn~ insur- ance in [he usual standarel policy form, in a sum not less than the hi~hest insurable ~~alue, in such company or companies as may be approced by said ~[ortgagee: and all such insurance policies on any of said buildings, any interest therein or part thereot, in the ap,~regate sum aforesaid or in excess thereof, shall contain the usu,~l standard mortgagee clause making the lo;s under said policies, each and every, payable to said \fortgaRee as hi~ interest mat~ appear, and each and eeery such policy shall be prompdy deli.~erecf to and helci by said ~(ortgagee: and, not less than ten days in ad~~ance of the espiration of each ; polic~•, to deli~er to said llortgagee a reneN•al thereo(. together Mith a receipt tor tLe premium ot such renewal: aud there ~ shall be no such insurance placed on any ot said buildings, any interest therein or part thereot, unless in the form and ~sith ; [he loss payable as a[oresaid; and in the e~•ent any sum of money becomes payable under such polic} or ~licies ~aid \fortgagee ~ shall ha~~e the option to receive and appl~ che same on account of the indebtedness secured hereb}• or to permit said Jiortp,a- ~ gor to receive and use it or an~• part chereo[ for other purposes without thereb} Naivinp or impairin~ any equity, lien or ~ right under or by ~•irtue of this mortgage: and in the e~-ent said \torigagor shall [or any mason tail to keep the said premises so insured, or fail to deli~~er prompdy any ot said policies of insurance to said ~iortgagee, or [ail promptly to pay fully any ~ premium there[or, or in any tespect [ail to perform, dixharge, execute. eEfect. complete. comply with and abide b)' this coc- F enant, or any part hereo[, said \fortgagee may place and pay for such insurance or any part thereof without wai~~ing or ~ aE[ecting any option, lien, equity or right under or by virtue ot this mortgage, and the tull amount of each and every such ~ payment shall be immediately due and payable and shall bear interest from the date thereoi until paid at the rate o[ ten ~ ~ per centum per annum and together with such interest shaU be sectired Uy the lien of this mortgage. ~ 4. To permit, commit or su[[er no waste, impairment or deterioration o( said property or any part thereo[. 5. To pay all and singular the costs, charges and e~cpenses, induding reasonable la~.ry•er's lees and cost oE abstracts oE citle, incurred or paid at any time by said riortgagee because andlor in the e~•ent of the (ailure on the part o[ the said ~(ortgagor to duly, promptly and fully per[orm, disc6argt, execute, eftect, complete, comply with and abide by each and ~ etery the stipulacions, agreements, conditions and covenants of said promissory note, and this mortgage, any ot either, and said costs, charges and expenses, each and every, shall be immediately due and payable, Nhether or not there be notice, de- - mand, attempt to mllect or suit pending, and the tull amount of each and every such paynnent shall bear interest from the g date thereof uneil paid at the nte of ten per centum per annum; and all said oosts, charges and e~cpeases so incnrred or pua. together wieh such interest, shall be secvred by the lien of this mortgage. aoo~2Z5 ~2360 ~ . ~ ~:o: ;~k~ y ` ~ _ e~. ~~~v-s.~~ ~ _ r. ~ ¢~z•e'~~ ~ , _ - ~ - _ _ _