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HomeMy WebLinkAbout0035 ' \ ' ' . . . . _ ' " ' _ ~ . . ~ s. 30., 750.00 srvAar. Florida. ......._MdrC11...15.?...........•••.... I9..7~.... . FOR VALUE RECEIVED. tb~ und~rsiq~~d. iointlY and s~~~rally. PROMISE TO PAY to 1hs order oi ~'.~1~X... AQSv!1~~I.~~....,7R,... DOI.LARS. .....~k~~.~ty....~hou~.~r~d...~.~v~~....~und.x~d...~~.~ty.....ans~... 00~/..10.0-.-.-_-.-----.---.-.--.-.-. at P.~...0......~Q3~...7~.~.a....~d.~,I11...~.~,~y~....~a.i~~.lS~~...••• .....os tuch oih~r plsc~ as 1he holder h~r~o! raal d~sigaal~ W wsillaq. lo9Nhsr wiih int~r~s! irom dat~ at !h~ rai~ oi. .8........ per cenfum per annum on fhe unpaid bsLnc~ until maturtlt. T!?~ sald priadpal and int~:es! shall b~ due and p~yabl• as foltows: $5,125.00, together with interest at the foregoing rate, September 15, 1974; $5,125.00, together with interest at the foregoing rate, March 15, 1975; $5,125.00, together with interest at the foregoing rate, September 15, 1975; 5$5,125.00, together wii.h interest at the foregoing rate. March 15, 1976; $5,125.00, toqether with-interest at the foregoing rate, September,,15, 1976; $5,125.00, together with interest at the foregoing rate, March 15;'''1977. _ The makers may prepay this indebtedness in whole or in part at any time ~after January 1, 1975 without payment of penalty therefor. It d~lault b waJ~ tK ....~.Q----. Jaf~ i~ t6~ oa~e~! ef awr installa~nt of Prlacipal or latenat x anr p~t tbereel, th~ ~hol~ auw t`ea ~eosinin~ unpaH ~rlt? tat~rt~t ~Aall ~t Aeli~r~ eytNw ?eceaN ~w ~wd parabb aithout aotice. Fa~lun lo e~e such epties sAal1 aof censtitute a wai~er of tAe risst W e:~reis~ i6~ saat ia tM •~e~l e1 subspuewt dttwlt Atter t? oriacipal an ccru intcnst z6a11 brar talerest at ptr centum yer anaum usti! pW. Th~ ~wsk~n awd ewJers~ra ot this aote turt ~aiv and, netice non-pays~ot aed protcst. If tAia eote ia not paid wt maturitr a~ t1~ sas~ Is Piactd ~rith w~ttx~ (K eoll~etioa. tA~ rs ~ed orsers ~e?e a~res o~pa7 all cost• el coUectien, ~OCI4aI~1( all conrt I easts aaa re~toaabl~ ~tto?~ep /ee~. - • ....••---••-•---•-••••--•--(SC1ILl P ~ on Atte~e p~ ~.t^.~_.~:.•• - . . __._._...._....-•--•-••-•......_..(3ElIL) ~ C.O M~garret B. AtterberY ' 7 and shall dul?•, pmmpely and [ully perform. discharge, exectite, ef(rct, complete, comply wiih ancl abide by each and every• the stipulations, agrerments, conditions aud co~•ena~its o[ said promissor}' note and of this mortgage, then this mortgaRe and the e~tate hereb}• creat~Yl shal! cea~e aud be null and ~•oid; It is undersuwd that ead~ oE the words, "note;' "mortgagor" and "mortgaRee" respecei~•ely and the pronouns relcrring thereto, hhether in the singular or piural anyMhere in this mortgage, shal! be siugular if one onl~' aud sl~all be plural jointly and severall}. if more than one, and shall be masculine, ieminine andior iieuter, Mhere~•er ti?e context so implies or admrts• ~nd s-?id ~IortgaKor [or himsel[ aud his heirs, legal representati~•es, successon and assigns, hereb}• co~~enants and agrees _ to and with saiel \lottgagee, his legal repmsentati~•es, successors and assiRns: ` 1. To pay all and siup,u4~r the priucipal aud interest and the ~•arious and sundn• sums of mone?• pa~•able by virtue oE ' said promiswr~~ note, and tl~is mortgage, each and e~•er~•, promptl~• on the da~s respecti~•eh• the ~ame se~'erallv become due. ~ To pa}' all~and singular tl?e taxes, assessments, lecies, liabilities, obligations and iucumbrances ot e~~ery nature and s kiud no~.• on said cie~cribed propern. aud; or that hereafter may be imposed. suf[ere~i. placed, levied ur assessecl thereu~w~i, r aiid;'or that hcreatter may be le~~iecl or a~sessed upon this mort~;age and,r'or the indebteclness tecured hereb}~. each and e~er~•, ~ ~~t~en due and pa}•able accordin~ to ta~, before they become delinyuent, auct br[ore an~~ iutrrest atta~hes or am• ~e~e:?It~' is ; incurred; and iu so (ar as an}' thereof is of record che same shall be promptl}' sltistied aud discharged of record and ?Le or- 3 iKinal oi[icial documene (sucl~ a~. (or instance, the tax mceipt or the sati,(action pa~~er otticially ~eiidorud or ~rrti[icYij si~all ~ bc placc~l in thc hauds of saict \fortRagee ~.ithin ten da~~s next a(tcr p:i~ment: aud in the e~~euc that au}- ehcreo( is not so ~ paid, satis[ie~l and disc}~arged. said \IortKagee ma~• at anc time pa~• the .ame ~r a~n• j>art thereu( wiehout Mai~•iuK or afEect- ing au~• option. lien, equit~• or right under or b~ ~~irtue of tluti mortgage, and ?i~e (ull amount o( each aud e~er~• such pa~•- ~ ment st~all be immcdiatelv due and pa}~ablc aud sl~all bear iuterest (rom thc date therer~[ until paid :~t the r:+te oi tcn ~~er ~ centum per annum and to~ether Nith such interest shall be secured by che lien ot this mortga~e. ~ 3_ To place and continuousl~~ keep on the buildings now or hereaiter situate on said la~~d (ire and ~.'ind,torm in~ttr- ' ance in the usual standard ~lic}• (onn, iu a sum not less than the LiKhesc insurable calue, iu such com~~an~~ or compauies as N w ma~• be appro~~ed by saict \(ortgaR~e: and all such insurance policies on any of s:iid buildiugs, anv interest tlurein ~~r part ~ ehereof, in the ap,RreRate sum aforesaid or in excess thereof, shall contain the u~ual st:~udard mortgagee clause makiug the i loss under said policies. each and e.erv, pacable to said ~iortgaRee as his interest ma~• appear, ancl each and e~erJ wch policy ~ shall be prompdy deli~-erecl to and I~eld by said \Iort~aRee: and, not less than ten dai•s iu aci~ance of the expiration of each ~wlicy, to deli~•er to said \lortgagee a renewal thereof, top,ether Kith •r receipt for the premium o! such reueHal: aud t ere ~ shall be no such insurance placed ou any of said buildiugs, an~ interest therein or part thereof, unles.s in the torm and with the loss payab~e as atoresaicl: aud in the eceni an)- sum of money becomes pacable under such ~licy or policies ~aid \tortgagee shall ha~•e the option to recei~•e and apph' the same on account of the iudebtedness secureci hereb}~ or to permit said \tortqa- ~ Kor to recei~e and use it or an} part therco[ tor other purposes without thercb~• waicinR or impairin~ an~• eyuiy, lie? or c'; riRht under or b}- ~•irtue of this mortRage: aud in the e~-ent said ~tortgagor shall fr>r au~~ rcason tail to kecp the said premises so insured, or fail to deli~~rr promptl}~ am• of said policies of ?nsurauce to said 1lortgaRee_ or fail promptl~• to pay fulk any ~ premium therefor, or in an} *espect Fail to perform. dischar~e. execute, ef(ect. cnmplete. c~mplr ~~it!e aud abiile bc this co~•- enant, or any part hereo[, r•~ ~ ~torty,agee may place and pay for such insurance or any part thereof M•ithout waiving or at[ecting anv option, lien, er• . y or riRhc under or by ~•irtue of this mortgage, and the (uli amount oE each and e~•ery such pa}ment shall be immedia ~ due and pa}'able and shall bear interest trom the date thereo[ until paid at the rate o( ten per centum per annum au~ ..;gether with such i~teresc shall be secured tiy the lien ot this mortgage. • 4. 7'o permit, commit or sulfer no waste, impairment or deterioratiou o[ said propert~• or any parc thercoE_ ~ 5. To pay~ all and singular the costs, charges and exptuses, indudiug reasoi~able lawJ-er's fees and cost o[ aUstracts of title, incurreci or paid at any time by said ~tortgagee because andlor in the e~~ent of the tailure an the part of the said \IoreRagor to duly, promptly and fully perform, discharge, execute, e(fect. complete. comph• Hith and abide by each and e~•er} the stipulations, agreements, condieions and co~•enanu of said promis5ory uote, and ehis mort~age, any or either, and said costs, charges and expenses, each and e~•ery, shall be ima:ediatel} due and pa}'able, h•hether or not there be notice, de- = mand, attempt to coltect or suit pending; and the [ull amount of each and e~•ery such payment shall bear interest from the date thereof until paid at the rate of ten per centum per annum; and all said costs, chatges and expenses so incurted ar pud. toy,ether Mith such interest, shall be secured by the lien ot this mortgage. ~ g ~zzs P~ ~ ~ ' Vi - - ~ ~ . - - ' ~ ~ _ ~ . . . . _ . . . . . r_