HomeMy WebLinkAbout1330 ~
=~--.24,~.000. 00 srv~ar. Flcrida. .........._March... 28.~................. i~ ~?.4.....
FOR VJILUE RECEIVED. iM und~rsiqn~d. ~oit?t1T tad ~~~ra11Y. PROMISE TO PAY !o ib~ o~~s of
PERRY BOSWELL~_ JR.
.
Twenty Four Thousand and OO1100---------------------------- DOLLARS.
a! P..._0.....BfJX...~.~~.......Pa~..~j..~~_..~~.Qr,~.Cl.d .....or snch oih~s plac~ u!h~ hold~e
h~s~ot m~7 d~atq~at~ is wsil~ lop~tl~~s wiih Wt~r~s! trom dai~ a! th~ r~t~ ol.... 8~... p~s c~atun? p~s ~naum on !h~ uapaid
balanp untu maturUT. TM uW psindpal aad int~r~si shaU M due aad pa~abl~ as tollows:
$8,000.00 of the principal, toqether with interest then due, March.29, 1975;
$8,000.00 of the principal, toqether with intereat then due, March 29. 1976;
,$8,000.00 of the principal, toqether with interest then due, March 29, 1977.
The maker may prepay any part or the whole of this indebtedness at any time I
~ after January l, 1975 without payment of penalty therefor.
1f Jelwlt M~i~ tw ..30..... ~r N tM N1'~~~t ef p~ iuW~~ ~t rlsclMl er iwtenat K 7 t1~n+1. t?~ ~r6ok ~u~ t6ee ~emdnie~
unPaY ~rit? ietehst ~Aall ~t MI~~ qtiw ~ee~ 1w u~ ~ay~W ~itAwt otke. Fdlun t~ ~:ercis~ s N dall Nt cea~titute ~~i~er ~f tM
ri~i! l0 !=tKIN tl~ ~aw~ t~ t?e ~~est ~f sn?~w~t ~(~~It Atter M t~ ~riaclyal aw~ ~ccwed t t s?aU eear i~ten~t ~t oe~ centua
per aaa~~ ~util ~ala. T?e ~ken ~ ewi~r~ars ~1 t61s ~eft I~rt?e? ~•e aed. sotict ~f wow-M7 ~ei Kete~t If t~i~ sols wot ,{,~~L at
1MlYI~~r Ya l~~ f~IN ~le Y\llK~l~ ~K N~~lCuM~ lM N~filh ~tK~~ ittN l r v~ ~~~1~ COII!l~MII~ IO~IYdIA~ a~1 tOr/l
CNl~ 111~ ~'li~M~~ ~lqfN~ ~W.
. . _ ~~..~..............(SEAL)
George ga
-•-•-••--•...-•----•...._........._..........-••••--(SE!!Ll
rcr~r.~
and shall duly, promptl} and full~• per[orm. discharge, eaecuce, e([ect, complete, comply Mith aud abicle by each and every
the stipulatimu, agreements, conditious and cocenanu o[ said promissory note and oE this mortgage, then this mortgage and
the estate hereby cmated shall cease and be null a~~d t•oid.
It is understood that ead~ oE the words, "note:' "mortgagor" and "mortgrgee" respectirel} and the pronouns re[erring
thereto, whether in the singnlar or plural an~Nhere i~~ this mortgage, s1~a11 be singular iE one onlr• and shall be plural jointly
and se~~erally, i[ more than one, and shall be masculine, feminine and;or neuter, ahere~•er the contexc so implies or admits.
And said ~Iortgap,or [or himselE and his heirs, legal representati~•es, successors and assigns, hereby covenants and agrees
~ to and wich said \(ort~agee. his lep,al representatives, successon and assigns:
I
~ 1. To pay ali and singular the principal and interest aud the ~-arious and sundry sumc oi mone~ pa}'able by virtue oE
said promissory note, aud chis mortgage, each and e.•ery, promptl7 on the days respecti~•el~• tlie same se~•erally become due.
~ 2. 1'o pay all and singular che taxes, assesssnents, le~ies, liabilities, obliy,ations and incumbrances o[ e~•ery nawre and
~ kind now on said described propertp, andfor that herea[ter may be imposecl, suffered, pfaced, letied or•assessed chereupo:i.
ar.d/or that hereatter may be le~-ied or ~sessed upon this mortgaRe andlor the indebtedness secured hereby, each and ecery,
when due and payable according to law, before the} become delinquent, and before any interesc attaches or an}• peualty is
incurred; and in so [ar as any thereof is ot record the same shall be promptly satis(ied and dixhargeci oi record and the or-
iginal o([icial document (such as. Eor instance, the tax receipt or the satis[action paper o[(ici-rlly endorsed or certifecd) shall
be placed in the hands of said \(ortRagee wichin ten days next aEter pa}~ment: and in tt~e e~•ent that an}' thcreof is noe so
paid, satisfied and discharged, said ~Iortgagee may at any time pay- the same or any part therra[ Nithout wai~•ing or affect-
ing an} option. lien, equity or right under or by virtue of this mortgage, and the tull amount o[ each and e~•er~~ such pa~•-
ment shall be immediately due and patablc and shall bear interest from the date thereof uutil paid at tt~e ratc of ten pcr
centum per annum and together with such incerest shall tx secured by the lien o[ this mortp,age.
3. To place and continuously keep on the buildings noh or hereaEter situate on said land [ire and Mind~torm insurv
ance in the usual standard policy tonn, in a sum not less than the highest insurable ~~alue, in such tompauy or com.~anies as
may be appto~~ed by said ~tortgagee: and all such inwrance policies on any o[ said buildinqs, any interest therein or part
thereof, in the aggregate sum aEoresaid or in excess thereof, shall contain the usual staudard mortgagee dause making ehe
losc under said policies, each aud e~~er}~. payable to said \tortgagee as his interest ma}' appear. and each and e~•ery such policy
shall be prompdy deli~•erecl to and held bJ• said \(ortRagee: and, not less than ten da~•s in ad~•ance o( the expiration oi each
policy, to deliver co said ~Iortgagee a renewal thcreof, together wich a receipt for t~ic premium oE such re?~eNal: and ehere
shall be no such insurance placed on an~ o[ said buildin~s, any interest themin or part thereof, unless in the form and with
the loss payable as a[oresaid; and in the e.•ent any sum of money becomes pa}~able under such policy or policies said \(ort~agee
shall hace the option to mceive and apply the same on account o[ the indebtedness secured herebJ• or to permit said ~Iortga-
gor to recei~•e and use it or any part thereoF for othcr pur~ses without thereb~• ~.ai.~in~ or impairinp any equit~•. lien or
P right under or by ~•irtue ot this mortqage; and in the e~•ent said Alortgagor shall for any rrason (ail to kcep the said premiscs
~ so insured, or fail to deliver promptly an}~ of said policies oE insurance to said ~tort~agee, or lail promptly to pay [u11J• any
~ premium therefor, or in an} respect [ail to perform, discharge. execute, e[fect, complete, a~mp1}~ ~~ieh a~sd abide by this co~•-
~ enant, or any part hereof, said Atortgagee may place and pay tor such insurance or anr part thereof without Nai~~ing or
atfecting any option, lien, equity or right under or by virtue oi this mortgage, and the full amount oi each and e~•ery such
~ pa~~menc shall be immediately due and payable and shall bear incerest [rom the date chereof until paid at the rate of ten
~ per cenmm per annum and together with such interest shall be secured by the lien oE this mortgage.
,4 4• 'I'o perm~t, commit or suf[er no waste, impairment or cleterioraeion o[ said property or any part thereof.
~
5. 'To pay all a~id singular the costs, charges and expenses, incTuding reasonable lawyer's fees and cost ot abstracts oE
~ title, incurred or paid at any time by said Uortgagee betause andlor in the e~•ent o[ the tailure on the part of the said
~ ~(ortgagor to duly, promptly and fully per[orm, discharge, execute, effect. complete, comply Nith and abide by each and
~ every the stipulations, agreements, conditions and coeenants of said promissary note, and this mortp,age, any or either, and
~ said costs, charges and expenses, each and every, sh~ll be immediately due and payable, Nhether or not there be notice, de-
mand, attempt to collect or suit pending: and the [ull amount oE each and e~•ery such payment shall bear interest from the
date thereoE until paid at the nte of ten per centum per annum: and all said msts, charges and expenxs so intnrred os paid,
~ together with such interest, shall be secured by the lien oi this mortgage.
:
~ soo~ 22fi ~ 1329
~~3
.
_
_ _ . - -