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Home My WebLink About1499 5 11 715 00 ~ sru~aT. Florida. ..............M~X.CY1...~.5.•............ 19.7.4.._. t__ ....t.........- . . ~ FOR VlILUE R£CEIVED, th~ uadersigncd. join23y and se~erally. PROMISE TO P!?Y fo ih~ ord~r o....... . . . . PERRY_ ~Q.S~~....JA. . Eleven..'I'~ousand_._Seven._.Hundred,..Fiftee.~l...and....QO/~.00--.-.-.~-.-.-.".-.- DOLLl1RS. ~ • . . ....or such othrr place as the holder . Q~.x.s~a P. _.0.... Box....7.&.~.......P~.lan...G.~.~y,....Fl per cenlum per annum on fhe ~npaid hereoi maY d~sigaai~ in writiaq. foy~ih~s with inier~s! irorn date at the ~ate ot . 8.. . balanc~ untii meturitT. Th~ sdd psiacipal tad int~rest shall be due and paYablc as tollows: : : ~ 928.75 of principal, plus In four (4) equal semi-annual installments of $2. ~ interest then due, on January 2 and July 2, beginning January 2, 1975. The makers may prepay any part or the whole of this indebtedness at any , time after January 1, 1975 without payment of penalty therefor. _ ~ i I( defaull bs ~uad~ 1K - 30 ~1~ iw t?~ p~r~pt ot aay iastallwent of P~~~ipd or {ntenst or ~nr Wrt t~ereof, tse whole ~ua tAee remainins ri ht ae e~ eniae tAe~wwe is~laire sel et t bsequent d~laulG aA(ter`ma urilr~bot6 P~,ncipal aad acc~ued i tcre t ssa 1 6~.~r iaterest~at~! $ MaiVer ~ceanlum m~~tui tr and t?e saame t Piaced ~ t ~e ~~orwer (~~fcolileetioe, b~ ~wkersiand dor~ters hereol a[?ee tu~V=1 +~Iacostseol c Itect oo ~iacludin~ tall co~ I cos~s ana reuenabl~ ~ttorwer lee~. i- - - , . , ' - / , 7 -a+~ ----.tssaL~ , - . . - /~J es J/. ~utler, III ~ . . ISEALI t ~ t.~:s..~~s..~.(.....'ti-'."".~.~~.c,r_.C~-:C.~--........ ' ~ ~ Alicia B. Butler ~ ~crar ~ ~ and shail dul}'. promptiy and [ulla- pertorm, discharge, exectite, et(rct. complete, comply Mith a~icl abide by each a~zd e~•ery the stipulations, agreemeuts, conditions and coceuants of said promissor}~ note and o[ this mortgage, theu this mortgage and the estate hereb~• createc! shaU cea+e and be nul! aud coid- It is understooci that each of the words, "note:' "mortgagor" and "mortgagee" respecti~'ely and the pronouns referring thereto, whether in the singular or plural an?where in this mortgage, shall be sinl;ular i[ o~~c onl~• and shaA be plural joind} ai~d se~~erally, if more than one, aud shall be masculine, ieminine ana;or ~~euter. ~here~•er the co~~tcac so imNlies or admics. and said jlortgagor [or himselt and his heirs, legal repre~entaci.•es, successor~ aud assigns, hereb)~ toeenants and agrees to and with said ~tortgagee. his legal representati~•es, successon and actiigns: 1. To paf all and singular the principal and ineerest and the ~•arious and suncln• sum~ o[ mone} p1ya~1e by ~•ircue o[ ~ said promisson~ note, and this mortgage, each and every, promptlp on the daps respecticely the same se.erally Uecome due. ~ 2. "1'o pay all ancl singular the taxcs, assessments, levies, liahilitics, obiigations aud incumbrances o( e~~er} uature and ~ kind no~v on said dexribeet property, and f or that herea(ter may be im~sed. suE[ered, placed, le~~ied or assessecl thereupou. 3 and; or that hereafter may I,e le. ied or assessecl upon this mort~age and: or the indebteciness securc~l hereb)'. each ai~ci ecen•, x Hhen due and patable accordin~ to law, be[ure they become delinquen:. aud before am~ iuterest attac}?es or au~' penalty ~s ~ incurrecl: and in so far as anv tt?emof is o[ record the same shall be pn~mptly satisfied and discliar~ed ot record a~ul Lhe or- ~ ~ iRinal official doeument (~uch a~. for instance, the tax receipt or the satidaction paper otficialh• eudorsect or cettified} sfiall ~ bc placed in ehe I~ands of said \tonQ-agee ~cichin ten days next a[ter p::)~menr. and iu the e~~eiu that au~~ thcreot is uot so k paid, satis[ied ai~d discharged, said \Iortgagee ma} at any time pa~• the vme or anr part therrof withont wai~•inR or atfect- ~ iug au}• option, lien. equity or right u~ider or b~• ~•irtue of th~s mortqa~e, and the fu? amount wf each and e.~er~ such pa~~- ; ment st~all be immediately due and payable aud shall bear iuterest frc~m the date t1?ereof m~til ~,aict ae the rate uf ten per ~ ceutuiu pcr annum aud toRether with such interesc shall be sccurc~l b~• the licn of this mort~a~c. ~ 3. To place and contiuuuusl~~ kee~~ m~ the buildings now or hereaiter situate on said lan~! (ire aud Hi:idStorm insur- ance in the uwal stand:~rd poli~c form, in a sum not less than el?e hiKhest insurable ~•alue, in suct~ company or companie. as ~ map be appro~•ed by saici ~tortRagee: and all such insurance policies on auy of saicl baildinRs, any interest therein ur p:~rt ~ thereof, in the ap,p,rep,ate sum a(ore.aid or in excess thereoF, shall contain the usual staudrrd mortgagee "clause makiuR the lo,s under said policies, each aud e~er~. p:+}~:~ble to said \Iortga~ee as 6it interest cna~~ ap~xar, and each and e~~er~• sucli polic~~ ~ shall be promptly deli~erecf to and held b~ said \tort~agee: and. not Iess than ten da}•s in ad~~ance of the expiration o[ each ~ ~~lic}•, to delicer to said \fortgagee a rencwal thcrcoL together hith a receipt tnr the prem~um ot such reue~.al; aud tLcre ~ shall be no such insurance placed ou any ot said buildin~{s. any intrrest therein ur part therec~f. unless i~~ ~he form and with the lou pa}'able as aioresaid; and in the ecent an}~ sum of mone}' becomes paJable under such p~dic~ ur }x~licies said \tort~-aRee ~ shall ha~•e the option to mcei~•e and appl~- the same on account o[ the indeUtedness sea~red hereby or to permit sai<I \(ort~a- gor to recei~~e and use it or an~~ part thenot for other purposes Mithout thereb~• w:ii~inR ~r impairiu~; anJ• equit}•. lien or right under or by virtue of this mort~age: and in the e~•ent said :Nortqagor shall for anc reaxin fail to keep the saict premises so insure~, or fail to deli~~er prompdy any o( said Fwlicies of insurance to s:~icl ~(ort~a~ee. or (ail promptl}' to pa~• (ull~~ auy premi~m therefor, or in an~ respea fail to perform. discharge, execute. etfect. complete, complc ~+•ith and abide by this coc- enant, or any part hereot, said \(ortgaRee may place and pay for such insurance or any part therrof without ~caicing or atfecting any option, lien, equity or riRht under or by virtue of this mortgaRe, and the (ull am~unt oE each aud every such pa}Tnent shall be immediately due and payable and shall bear interest irom the date thereo[ until paid at the rate o[ ~en = ~er centum per annum and togeeher wieh such interest shall be secured by the lien o[ this mortRage. _ 4. To permit, commit or sut(er no waste, impairment or deterioration o( said properc~ or any part thereo[. s;~=~ 5. To pay all and singular the costs, charges and expenses, induding reasonable law~•er's fees and cost of abstracts of tide, incurred or paid at any time by said ~tortgagee because and!or in the ecent of the (ailure on the part o[ the said N--: ~Iortgagor to duly, promptly and fully perfotm, discharge. execute, effect, complete. compl} witl~ and abide by each and Y~=.: e~•ery the stipulations, agreements, conditions and cor•enants of said promissnr~ note, and this mortpage, any or either, a~~d :~~:i said costs, charges and expenses, each and e~ery, shall be immediatel} due and payable. Mhether or not there be notice, de- mand, attempt to mllect or suit pending: and the full amount o[ each and erery such payment shall bear interest from the date thereoE until paid at the rate of ten per centum per annum; and all said msts, charges and expenses so intutred or paid, _ toqether with wch interest, shall be secured by the lien oE this mortgage. ~ ~ Bo~226 P~14~8 _ k