The URL can be used to link to this page

Home My WebLink About1318 ~.250,e ~Q BTVART. Florida. ...........MdrCh.. 28.t . 1l....74.. i VALUE RECEIVED. !A~ uad~rd~n~d. iotntlT and a~~rallr. PROMISE TO PlIY to ih~ ord~s oi . ~ERRY...8~2&Tr1~LL, Jki..._.... . _ Z~yenty.. Three_. Thousand ~ro Hundred Fifty.. and,_ 00/lOQ-_-.-.--.------- DOLLAAS, ~ ~e ......p.~...0-....8ox~.~85.,.....Pa1m..CitY..~....Florida .....os sucA otb~: plan as !h~ holdes h~no1 u~aT d~al~aat~ ie wsilias, to~~fl~r wUh int~c~s! i~m dat~ ai !h~ sat~ o! ....A~j... ...p~r eeatum per ~nnuw oa ih~ unpaid bata~ w~Nt matasilT. '1'ba satd prlaeipal aad lnt~c~t! ~haU b~ due •pd payablo as follo~ra: $7750.00 of the principal, plus interest then due, on March 29, 1975; $7750.00 of the.principal, plus interest then due, on March 29, 1976; and $7750.00 of the principal, plus interest then due, on March 29, 1977. i The maker may prepay any part or the whole of this indebtedness at any j time after January 1, 1975 without payment of penalty therefor. . ~ If ~Iwlt M~~ fK . 30 i~f~ r t?~ Mrw~t ~t u~ iwstall~s ~f ~ K i~ten~t K ~ tleer~t. tk~ ~r6ole suo t?es remal~te~ u~~ay ~ritk latet~~t siwll ~t ~~Wr~ »tM~ Mer~ Jw ui ~a~Jl~ ~it?wt ~ alMn N ea~?cis~ ? sl~~ll a~t c~watitute rd~er d tAe Y r1~?t te e~ercla~ ti~ 1~ tA~ ~s~t ~f ~u?~t Jela~lt AttK w~tusl ~iwcipa( a~ acc~red st t si~U lear i~tc~est at ~er «atuiw Yer Mww wdp MI~, T?~ ~k~n rJ M/wsK~ ~f qb ~~q I~Mbe~ ~d~ asJ, w~tlc~ ~f wow-M ae~ ~tcse. If t?Is ~ete wet at maMrit7 ~ tle ~a~e b~Iac~1 oili M~ltK~ f~t c~IMct{N. tw ~ ~~y ~Khf a~re~ dl ewti ~f cellectioa. feclydias aq corrt cM4 ~ rws~wa~i~ athesrf bq. --(SEALI George S n .............._...._..------......-••-•-•••-.••--.-•-.•••-•ISEllL1 . and shall duly, promptly and fully perEorm, discharge. execute, e[fcct, complete, compiy Nith and abide by eath and every the stipulations, agreements, conditions and covenants o[ said ptomissor}° note and ot this mortgage, then this mortgage and the escate hereby created shall cease and be uul! auel ~•oid. Ic is unders[ood that each of the words, "note;' "mortgagor" aud "morcp,agee" respectir•ely and the pronouns reEerring thereto, whether in the singular or plural an}~•here in this mortgage. shall be singular if one o~ly and shall be plural joindy aud se~'erally, i[ more than w?e, aud shall be masculine, feminine and; or neuter, where~•er tlie context so implies or admits. And said \lortgagor for himsel[ aud his heirs. legal representatives, successon and assigns, hereb} co~•enants and agrees to and ~.ith said \tortgagee, his legal representatia•es, successors and as~igns: I. To pay all and singular the principal and intemt and the ~•arious and sundry sums of money payable by virtue of said promissory note, ancl ehis mortgage, each and e~•ery, pzompdy on the days respecti~~ely the same se~'erally become due. 2. To pay all and singular the taxes, assessments, le~ies, liabilities, obligations and incumbrances ot e~•ery nature and kind no~. on said describeci property. and/or that hereafter may be imposed, suffered, placecl, le~•ied or assesseci thereupo». 'i aud; or that hereafter may be le~•ied~ or assesseci upou this mortgage and/or the indebtedness secured hereby, each and e~er~, ~ Nhen due and payable accordinR to laH, before they become delinyuent, and before any interest attaches or any penalt~ is ` incuneci: and in so (ar as au}' thereo[ is of record the same shall be proinptly s~tisiied and dischargecl of record and the or- iginal o((icial document (such as, for inseance, the tax mceipt or the s:iti•,(action paper otficially ei~dorseci or certi[iedj shall be placed iu the hauds ot said ~(orcgagee within ten days next after paymenr, and in the e~•ent that anJ~ thereof is not so paid, satis[ied and discharged. said ~tortgagee may at an} time pa~• the same or au~• part thereof wi[hout waiving or afiect- inR an~• option, lien, equit} or right under or b~ ~~irtue of th~s mortgaqe, and the full amount o[ each and eceiy such pay- ment sl~all bc immediately due and pa}•aLle and sLall bear intcrest from the date thcreof uutil paid at the rate ot ten per centum per annum and together with such interest shall be secureci by the lien oi this mortgage_ 3. To place and coneinuously keep on che buildings now or hereaiter situate ou said la~id tire aud Nit~d~torm insur- ance in the usual standarc! polic~° [orm. in a sum not less ehan tl~e I~i~hest insurable calue, in such company or companies as ma}• be appro~~ed b~ said ~(ortgagee: and all such insutance policies on an~ of said buildings, any interest thereiu or part thereof, in the aggregate sum aforesaid or in excess thereof, shall contain the usual staudard mortgagee dause making the loa under said policies, each and e~erc. pa~•able to said Jlortgagee as his interest may appear, and each and e~•er}• such policy shall be pmmpd~• delirereci to and held b~ said \(ortgagee: and, not less than ten ctays in aclcance of the expiration of each ~x~licy, tn delieer to said \lortgagee a reue~al thereof, top,ether with a receipe (or the premium ot such rene~~al: and there shall be no such insurance placed on any of ~aid buildinl{s, any interest thercin or part thereo(, unless in the form and ~.ith the loss payable as atoresaid; and in the e~ent any sum ot money becomes pa~able under such polic~• or F,olicies ~.aicl ~(ort~gee shall ha~•e the option to recei~•e ancl appl~• the same ou accoune of the ii~debteciness secured hereb~~ or to permit said ~(ortpa- i Ror to receice and use it or an}' part thereof tor osher purposes hithou~ thereb~• wai~-in~ or impairiuR an}~ equit~•, licn or right under or by ~•irtuc oF this mortgage: and in the event ~aid ~(ortgagor shall [or anv nason tail to keep the said premises ~ so insured, or fail to delieer prompth• an}~ of said policies insurauce to saiel JlortgaRee. or (ail prompth to pap (ully anv ~ premium there[or, or in an}• respect fail to perform, discharRe, execuee. e[(ect. complete. cumpl~• ~.-ich an~i abide b~• ehic co~•- enant, or any part hereof, said \IortRaqee may place and pay for such insurance or ar~y part thereof Hiehout wai~•ing or ~ attecting an} option, lien, equity or right under or by cirtue ot this mortp,ap,c, and the [ull amount oi each and e~•ery such payment shall be immediately due and pa~•able and shall bear interest from the date thereo[ until paid at thc rate ot ten ~ per centum per annum and together with such interest shall be secured by the lien of this mortgaqe. ~ 4. To permit, commit or sutfer no waste, impairment or deterioration of said properc~~ or any part thereof. ~ ~ 5. To pay all and sinRular the cosu, charges and expenses, including reasonable law}•er's fees and cost of abstracts of title, incurred or paid at any time by said ~tortgagee because andJor in the c~•ent of the failure on the part oi the said \iortgagor to duly, prompdy and fully perform. discharge. execute. eEEect, complete, comply with and abide b}' each and ~ e~•ery the stiputations, agreements, conditions and covenants o[ said promissory uote, and this mortgage, an}' or either, an i said costs, charges and e~cpenses. each and ecery, shall be immecliately due and pa~able. Mhether or not ehere be notice, de- ~ mand, attempt to collect or suit pending: and the (ull amount o[ each and e~•ery such payment shall bear interest [rom the date thereof until paid at the rate oE ten per centum per annum; and all said cosu, charges and expenses so incurred ur paid. together with such interest, shall be secured by ehe lien of this mortgage. 800~226 ~i31T ~ ~ _ =r.~ ~ . ~ . . . - , Q ~z_ r ~~.dzty i~W