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Home My WebLink About1493 ' ~.r~..r~ - 22, 720.00 sru~ar. Florida. ...Ma~ch...2.$,--~--- i974..... . ~ FOR VlILUE RECEIVED. 1h~ undtrsiy~ed. jointlY aad se~erally. PROMISE '['O PAY to the order ot....... _ I ; PERRY aQSW~I+I+,....JR.. . Twenty_ Two_ Thou.sand_.Seven..Hundred .Twenty..and .00/100-.-_-.------ DoLLARS. ~ at P. _Q.....aOX~.~S~.....~t~~A...~:a.t~l.a....~a.O~~.G~d .~....os suchP lber plac~ as the holder ~ hereot mat d~siqnat~ ~R Ml;lI1f9. toy~ih~s wifh Int~r~s! irom date at the rate oi ~ r centum er snaum on the uapaid, ) b.lance urtil mafurltT. Th~ sald principal tod interest shall be due a~d psyable as tollows: 1 ~ ' 1 In four (4) equal, semi-annual installments of $5,680.00 of the principal, plus interest then due, on January 2 and July 2, beginning January 2, 1975. ~ The maker may prepay any part or the whole of this indebtedness at any y time after January 1, 1975 without payment of penalty therefor. ~ ti , ~ ~ ! i 1 ~ If delanit b~ rwade 30....... a.r. is t~e Pa~eat of aer (est~llment ot P~neiPal or inter awr part tbereot, tAe rhok ~ua t?ew rewi ' unpaid witl inte~eat ~Mll ~l Ml~e?'~ oyli~n ~KOn~t aY! ~aA ~ir~~f ~tAOYt AOIICt. ~IYre to e: ise s ch eptie~ s6~11 aet ceaslitule ~rai~er et t ri~h~ to esercis~ tR~ saswe i~ t6e t~tat ~t ~u?sa~urwt ~elault. A(ter maWritr bot riacipal a~ 'xc• intcrest s~all brer i~terest at oer eewt Ner annuw ~alil oaid_ The auks?s ud eadws~rs el ihis eote lurt6er v~l~e Je ad, aetke e~os- rme~t and ~etest. 11 t~is wote is wol ~ai~ ~t m~turit~ aad tA~ ~+me is p~ced ~ritb ~n ~tter~e~ (~r eelleclion. t6~ sakers~d dorsers hereo a~ to par all cost~ e( col{ectios, iucluiin~ a11 co+rt cos~a and re~~ou~bl~ atter~ep (e~~. / . i ~ ._...(SEALI • - • . • . Geor~ Ventro ~ . . . (sEAL) - icr~t_i and shall duly, promptl) and (ully pertorm, discharge, execute, effect. complete, comply Mith aild abide by each and ecery the stipulations, agreements, conditious and cocenants of said promissory ~~ote a~id oE ehis mortgage, then thi~ mortgage and the estaee hereby creaied shall cea+e and be null aud ~•oid. It is understood that each oE the words, "note;' "mortgagor" and "mort~;agee" respecti~•ely and the l~ronouns re[erring thereto. ~rhether in tLe singular or plural an~where in this mortgage, shall be singular if onr onl}~ and shall be piural joindy aud severall~•, i[ more than one, and shall be masculine, feminine and; or neueer, where~•er the conerxt so implies or admies f\nd said \(ortgagor for himsel[ and his heirs, legal repre~eutatives, successon aud assigns, hereb} co~enants and agrees to and witti said \fortgaRee, his legal represeneatices. successors and assigns: I. 7'o pa~• all and singular the principal and interesi and d~e ~•arious and sundry sum+ o[ mone~• pa~ablc by ~•irtue ot . i sa:d promissory note, and ehis mortgage, each and e.•er~•, promptl}• on the da}•s respeceicely ehe same seeerallc become due. ~ 2. To pay all and singular che ta~es, assessments, levies, liabilities, obligatious-a~~d iucumbrances o[ e~ery uature and ~ kiud no~v on said de-cribed propert~, aud,or ehat herea[ter ma~• be imposed. su[[erecl, placed. !e~•ieci or assecsed thereupon, and ~or tliat herea(ter ma}• be le.~ied or assessecl upon this mortfiaRe aud/or e1?e indebtecine.s secured hereb~~. each and ever~. ; when due and pa}-able accordiup to laN, be(ore ehe}' be~ome delinquent, aud br(ore an~- iuterest attaches or auc penait.• is e • ~ incurred: and i~~ so far as am• thereoE is of record the same shall be promptl}' saus[ied and discharRed of mcord and .he or- ~ iRiual official document (~uch as, for instauce, the tax receipt or the sati.factiou paper ot[iciall}~ eudoned or certiiied) afiall be placed in the hands of said \(urtRaRee Mithin ten days ne~:t a(tcr pa}Tr?ent: and iu the e~•enc ~hat an~~ thrreof is not ~o ~ paid, satisE~ed and clischargecl, said Vortgagee may at an~ time pa} the same or au~• part thereof ~+id~out Naicin; or affect- ~ ing any option, lien, equity or right auder or br~ ~~irtue oE th~s mort~a~e. and the full amount ot each and e~er}' such pac- meut shall be immeeliatel~ cluc and pa~~able and ~I~all bear interest from the date thereot until paid at the rate u[ trn per ~ centum per annum and together rcith such interest shall be secureei b~• the lien of this mortgage_ ~ ~ 3. To place and continuouch• kee~~ on the buildings IWK or hereafter situate on said laud fire and wiiid.torm insur- ~ ance in the wual standard polic~ (orm, in a sum noe less than ehe hiKhest insurable ~•alue, in such rnmpan}~ or comp:u~ies as ma~• be appro~~ed b~~ said \tort~agee: and all such inwrance policies on an}' of said buildin~s, am• iuterest tLrrein or pa:t ~ thereof, in the aggregate sum a(oresaict or in excess thereoE, sha11 contain the usual standard mortgagec clause makiug sl~e loss under said policies, each and e~er}•. pa~able to said ~(ortgagee as his interest ma~ ap}~ar, and each and ecer~~ such policy ~ si~all be prompdy delicereci to and held b~~ said \Iortgagee: and, not less tha~~ ten da}•s in ad~•ance ot the er.piration oi each ~ }H,licy, to deli~•er to said ~tortgaRee a reneH•al thereoi, together with a recript tor the premium of wch reneNal: and there t shall be uo such insurance placed on any of said buildings, any intcrest therein or part thereof, unless in the form and r.ith the loss payable as aforesaid: aud in the e~~ei~t an}' sum of mone~• becomes pa~•able under such ~licy or ix~licies caid \tort~agee shall ha~~e the option to recei~•e and appl}' ehe same on account of the indebtedness secured hereb~- or eo permie said ~fortqa- ~ Ror to recei~e and use it or any part thereof (or other pur~ses without t?iercb}• wai~-iug or impairiu~ an}' equit~~, lien or riqht under or by ~-irtue of this mortqage; and in che e~•ent said ~Ior[gagor shall (or any mason (ail to kecp the said premises so insured, or fail to deli~•er prompdy anp of sa~d pol~ues of iasurauce to said ~Tort~aRee. or fail promptl~• to pay (ulh~ an~ premium theretor, or in any respect (ail to per[orm, discharge, execute. ef(ect. complete, compl~• ~ritt~ and abide b~ this m~~- - enant, or any part hereof, said ~tortgagee may place and pay for such in_urance or any part thereof Nith~?ut wai~~ing or atfectiug any option, 1ien, equity or right under or by vircue of this mortgage, and the full amoune oi each and even such ~a~ment shall be immediately due and payable and shall bear interest [rom the dace thereot until paid at the ratc a[ ten Per centum per annum and together with such interest shall be secured by the lien of this mortgage. 4. To permic, commit or suffer no waste, impairment or deterioration of said propert~~ or any parc chereof. ~ 5. To pay all and singular the costs, charges and expenses, induding reasonaLle lawcer's tees and cost o[ abstracu of Y;;~ title, incuned or paid at an}' cime by said ~fortgagee because and/or in the ecent ot the (ailure on che part of the said \tortgagor to duly, promptly and fullj per[orm, discharge. execute, e[tect. complete, comply with and abide b}• each and n=": e~-ery the stipulations, aqreements, conditions and cuvenanu o[ said promissory note, and this mortgage, an}• or either. and said costs, charges and expenses, each and e~ery, shall be immediatelp due and pa~'able. Hhether or not there be nuiice, de- : mand, attempt to collect or suit pending: and the (ull amount of each and every such pa?ment shall bear interest from the _3'y~ date thereof until paid at the rate of ten per centum per annum; and all said cosu, charges and expenses w ineurnd or to~{ether with such interest, shall be secured by the lien of this mortgage. 1~~ soo~ ~26 e~c~ 1~~2 ~.3 ~w~ ~ - ~ = -