The URL can be used to link to this page

Home My WebLink About2782 : . s • • ~ at aU times peaceably and quietly to enter upon, hold, occupy and enjoy saui land; that said land is icee from aU encumbcanoes: ; that they will malce s~ch fu:ther a~usanoes to Perf°~t tbe fee simpk titb to raid laad c~ ~~c~ ~~y ~~r ~ i required; and that they do hereby funy wsrrant the titb ~o saisl~ land and wiU defead the same against the la~iul claims of ~ 3 all pe~sons wlwnuoe~er. ~ PROYIDED AL~YAYS i~ ~~iortgagon shall well and truly pay unto the Assoriatioa, the i~xkbtedn~s ~`'~10~ ~ by that certain pron?issay note, of even cLte herewitb. made by the Moitgagors and pay-rble to the Associatioo. in the principal sum of ~ENTY_ONE THOUSAND_AND NO/100ths------.---------- pol3rs 21,000.00 i which note, together with interest therean as therei" s~lF~. u P~Y31b~ "'O1'tt'h' "'~'~lments of O~ HUNDRED SIX AND 24/100ths---------------------------------------------- - SEVENTY . _ _ - - - - - - - . . . _ _ - . . - - 1?6. _ ~ _ - - . uoIIars (S - - ~ - - - - - - ~20th - - - - April 20,1974 . -da of each mo~?th c~mmencing .with---- - - - - ----w~ ts onthe---- Y - ~~~~~~~~~aompl~? :u~e to be applied, first to interest, and the ba]ance to ~xindpal, and is of said p~omitso~y note aad this with and ab'x~ by each and every the stipuiations• agn~ements, mortgage, Md, including any advances made by tbe Association ~ at no shall this mort~sec+me a~~dvancGS o~n a~t at any time before tbe release and canceliation of this mortgag , TWENTY ONE THOUSAND _ of ssid origmal note together with such additianal advances in a sum in ezcess of--------------------- 21---000._00__ any advances necessarv AND_NO/100ths--_--_-----------~------------- -----------.Dolla~s ' p~ • to protect the security and costs. tl~? this deed aad the estate hereby created shall cease and be null aad void. A1~iD THE I?iORTGAGORS DO hereby a?veoant and ag~ee: 1. To pay all and singular t6e princi"pal and inter~t and other swns of money pra}~ by virtue of said p~omissory note and this mortgage, or either. Pr°°~PdY ~ the days respectiv~elY the sdme severalty came dne. 2. To pay all and smgular tbe tazes, assessments, levies,liabilities, obligatiot~s and i~mbrances af every nature aad lvod now on said described ptoperty, or that hereaker may be~ posed. suff~~~, 1e~'ie~ o~ assessed tbe~'em. or that hezeaRer may be levied or assessed upon this titatgage, ar tbe ebtedness hereby, cach and eti~eiy, w}~en due and payable, according to 1aw~ before tbey become delinquent~ and before any intcrest attaches or any penalty is iaaur~d: and insofar as ed of reoord and tLe ori offic~al doc+m~ent (wch any thereof is of record the same shall be promptly satisfied and dixl~azg or certified) shall be Placed in the hands of said ss, for instance, the tax receipt or the satisfactior? paper offic~allY endo~sed Association as ~tortgagee within ten days neut after payment; and in the event that any t6ereof is not paid, satitfied and ~ said Association msy at any tirne pay the same or any pait thereof without waiving ar affecting any option, 1ien, e4urt}' °r i under or by virtue of t}?is ~iortgage, and the full amount of each and every such payment shall be immediately doe andpa ya and shall bear interest from the date thereof until paid at the rate stated 'w the ~wte secured hereb~ and together with such inter- est shall be sec+u+ed by the lien of ihis Mortgage. 3. To keep the lwildings and all equipment and personai property nox or hertafter on said premi~a ~vered bT this mor~ge, insured in a sum equal co at least the amount o[ the mongage. or an amount sufficient w oomplJr ~rith an7 co-i~a~uQ~ ~ ment covering the ume under the 1a~vs ot the Sate o[ Flo*ida. oovering loss [rom both fin and st~orm. making policies. each aad every. payable w the Association. u mortgagee. as its interat ma~r appear. and said iownnce a1u11 be in a E'ood and responsible insunnce rnmpany ucisEactory to said AsSOCiation. and written b~r a respomible 1oca1 a6ent~~ ~~ot 'f ciatioa: and the poUcy or policia shall bear a sundard mortgage dause ~viehout oontribution, and. d the ! of the mortgage is Fi[ty Thousand and no/ 100 Dollan (550.000-00) or in ezcess t6ereaf. s6aII be heW b~ tbe Associztion. and. in ~ the eveat any sum o~ money becanes panble uader such polic~r or poliaes, the Assoaation sbaII haYe th~ °Pv'°° *~eo~'~ ~~PP~7 ; che same on acaount ot the indebteciness hereby secured. or to permit the mortg~g°~s ~eoeire and use it, or an~ part ~cof.~ ~ other purposes. withoat thereby waiving or impairi~ my equit~+. lien, or right under and b~ virtue of this mortgage. 7 ¢ p~ate and pay [or such insurdnce, or any part thereof. without waicing or affecting its option w[oreclose. or any right 6creander. and the fuU amount of each and every such payment s6a11 be immed~atd7 due ~nd W7abie a°d shal~ bear mtr~at fram t~e thereof unW paid at the nte stated in t6e note secured hereby and togeeher ~?i[h such intetest sball b~ sK~red b7 t~C 1~ °E ~ :~tongagt. 4. To permit, commit, or suEfer no waste, impairment or deterioration of said propert~', or anp part ~f. ~ uPO° the failuro of the mortgagors to keep the buildings on said property in good condition of repair, the 1~socia- tion maY ~ immediate repair of said bu:ldings or the immediate repayment of the debt hereby sccured, and the Eailure of the modSaS°n to complv with said demand of the Association for a period of Thirty (30) days, sha11 oa~tit°te a b~ch °f thts ~$~Se' and, at t~e option of ihe Association, immediately mature the entire amount of p~incipal aad intecest he~eby sec+uecl, and ibe Association, immediately and without notice, may institute ~in;s to foreclose this mortgage and aPph far the appo~taient of a Receiver, as herefnaker provided. 5. -This mortgage contract provides for additional advanres which cnay be made at tbe oPvo" of the usociation and s~ured by this mortgage, and it is agreed that in the eveat of sw~ advances tbe amount may be 3dded to the 'n~Y,~g~ ~ and shaIl increase the unpaid balance of the note hereby seaued by the amount of soch advance and shaD be a part of said note indebtedness under all the terms of said note and this contract as fully as if a new such note and oootrsrt w-ere e~cecuted and delivered. M additional advance agreement may be given and accepted for such adwince and pioviAOn ma} fa ciifferent monthlv payments : nd a different interest rate and other e:pras modifications of ihe coc'~~• an °~ber iespe`ts ihis contr3ct shaA remain in fuil force and effect as to said indebtedness, including aIl adaanc~es- ~ 6. If any of the sums of~money herein referred to be noi promptly and fu11~ Faid `~~th~° '~y ~~1 ~YS De7t ~ the same severally come due and payable, or if each and every the stip4ilations, agmement, conditio~u, and covenants d said ~ promissorY note and this deed, or either, are not duly performed, rnroplied with and abided by, tbe aggc~eegate sum meationed in said promiuory note and any other amount ar amo~mts added to tbe mortgage indebtedness under the teims d this mortg~ge - shall betome due and pay3ble forthwith oz thcreaker at the option of the Associatian, as fuDy and co~pletely az if said aggregate sum oE money was originaUy stipulated to be paid an such day, an~~thu~g in said promissory rate or herein to the cantrary not- v~~thstanding. 7. To deliver M the Association, on or before 1~arch l~th, of each }'e-ar, tai receilKs ev~cmg the PaY~°~t of all lav?- fully impo~ed taxes for the preceding calendar year; to deliver to the ~lssociation reeeipts evid~cing the Pa"~"t °f aIl l~s for public im ements within ninety (90? daYs aker the same shall hacmne due and payable, and to pay or diuharge witLin ninety (90) ays after due date, any aod all govemmental levies that may be made ~ the mortga~ed ProPe*tY, oo this mortgage or note, or in any other way resulting from the mortgage indebtedness secwrd bv this mortga~e. Bfl~I~~~J PNC: ~ ~ ~ f ~.Syx ~ X,.;-~"~- ~s . ~ > r 2h"` ~-"'~,~~~~c~-+~r,~'-~'-~r ~ '4r ~ ,~~y. . t.r ~y. _ _ _ ,Y. _ _ . .