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Home My WebLink About1508 -u,.~.r+..~..v.,- - r `1 i. _ 1.,~.~.~...~..~?.w.OO STUl1RT. Flo:ida. ............_~a.~CY1... z 9.~............... 197.......... ~ _ . FOR VALUE AECEIVED. !h~ under:iqned, jointlT and sevarally. PROMISE TO PAY !o !hs ordes oi....... ~•i ~~~RX...~Q~W':~LL,....~R.. ' Th.i.~.t~e~i...~~'kou~and_, One_...Fiundred. Thirty_. Five.. and. .00~100----.-.-.-.-•~ DOLLARS. ' 1= P._ O. BOX 785, Pa1m Cltli, Florida ~ ....or such oiher plac~ ~s !he holder • . . hereoi m~T d~siqnat~ in wriflaq, lo9efher wifh int~res! irom date at the rate oi g.... per centum per annum on ihe unpaid balance until malurltT. Th~ add p:indpal and inierest shall be duc and payablc as tollows: $2,189.16 of the principal, together with interest then due, January 2, 1975; ~$2,189.16 of the principal, toqether with interest then due, Juiy 2, 1975; 5$2,189.16 of the principal, together with interest then due, January 2, 1976; ~2,189.16 of the principal, together with interest then due, July 2, 1976; ~$2,189.16 of the principal, together with interest then due, January 2, 1977: ;$2,189.20 of the principal, together with interest then due, July 2, 1977. '"The makers may prepay any part or the whole of this indebtedness at any tim ~ ~ without payment of penalty therefor. ~ ~ If defaull M~n~de (w --~-ll•.•...- aar~ In t?e pa~acat ot aer iaal~llrnent ef Principal or intere~t or ~nr p~rt lAereof, tA~ rhole su~ tAen remaialnS unpaid rit~ Interest sAall at hel~'~ o~li~n ?ecome dw uJ ya~~ble ~itAsut eotice. Failure to e:crcise tuc? eptio~ slall aot ceastitute ~aiver ot the r~~At to e=eniae lAe sa~e iw tl~~ ~~~at ef ~u?seqYeel det~ult Atltr saturitr bot6 principal and accrued inlerest sAall be•~r feteresl at per centum ~er annu~n until Paid• The rwnken ~nd ~~dorscr• el lAis oote lurther w ~e demand, aotke ol aow-wru~e¦e ana protest. 11 this aote is aot paid at m~turitl ~ the sa~se is Placed ~rit6 u~ ~ttwwe~ (K colleclioe. t6e saltar •ea endone~s hcreo( a~ree~° oay dl coats ot collectioa, iecludint all coael ~ ' costs and reaioeable ~ttorw~~ ItN. _ ~ / / ! ( . ~~~.c. : ~ ~ . CG' . ! l~`. .....(SEALI ....r . . _ Di ter A~. Tlziemann~ ~ ~ 4 ~ ~~t Ll • ' ~(..GL4/.L.l.~._.~..~L-LG~-.C{._L:l.--~..-••••-••---•• .......ISEALI ~ J~an Thiemann ~crw~ . and shall duly, promptly aud full~• periorm, discliarge. execute. e[[ect. complete, comply M ith and abide b~• each and every che stipulations, agreemen[s, conditions and co~•enanes of said promissory note and of this mongage, tl~en this mortgage and the estate hereb}' created sl~all cease aod be ~?uil and ~~oid. , It is understoocl that each of the words, "n~te:' "mortgagor" and "mortp,agee" respecticelv ai~d the pronouns referring thereto, whether in the singular or plural anti~where in chis mortgage, shall be siugular it une ouh and sLall be piural jointl}' and se~•erall}'. if more chan one, and shall be masculine, feminine and;or neuter, where~•er ehe coutext so implies or admits. And said ~Iortgagor for himselt •rnd his heirs, legal repre>entati.•es, successors and assigns, hereb} cocenants and agrees to and N ith said \lortgagee, his legal tepresentati~•es, successors and assigns: ~ 1_ To pay all and singular the principal aud incerest and the ~•arious anci sundry sum.; of money paJable b} virtue oE • said promissory note, and ehis mortgage, each auci e.•en•, prompth• ou ehe da~s respecti~•ely ehe aame se~~erall~ become due. ; To pa} al! and sinRular the taxes, assessments, le~~ies, liaUilities, obligations aucl incumbrances o( ecer} nacure aud ~ kind no~r on said deuribeci propert~, aud!or that herea[ter ma}' 1~ i~[~~~• suf(ered, placed, le~•ied or asse~seci thereupou. ; and;`or tl~at hereafter ma~• be Iecieci or assessecl upon tl~is mort~a~{e andJor the indebtedness secured hereb~•. each and e~~ery. ~ Nhen due and pa}able accordinQ to l~N, i,e(ore they become delineluent. and be(ore au~ iuterest attaches or a~~)~ Penalc~• i; ~ ~ incurred: and iu so tar as any therrof is of record the same shall be prompti~~ s~tisiieci and dischar~;ed of record a~~d ~he or- , iginal official document (+udi a+, for instance, the tax rrceipt or the sati~.faction pa~~er ottic?allY e~~~lurseel or certified) sliall ~ l~e placal in che hands of said \IortRagee ~.ithin ten days next aEter p.~}•meut: and in the e~•ent that am' thereot is not so ~ paid, sacis[iccf and diuhargecl. s3id ~lortp,agee ma} at any time pa~ the samc or an~ part thercof M ithout ~~ai~•in~ or a[[ect- ~ ing ;~n}~ option. licn, equit) or riRht under or b}- ~irtue of th~s mort~;aRe. and the full amount of eacti and ecer~• such pa~•- ~ ment sl~all be immcdiately ciue and payable and ~hall bear interest trom the date thereo[ until p~id at the ratc o( ten per ~ centum per aunum aud together with such inrere~t shall be secured b~• the lien o[ this mort~,nRe• ~ 3. To place and concinuouslv keep ~~n the buildings now or herea[ter situate on said la~rd fire aud ~.i:id•tom~ iusur- ~ ance in the u+ual standarcl policc (orm, in a sum not less ehan the hiRhest iusurable ~~alue, in sach rnmpau)' or companiea as ~ ma.~ be approved by said ~(ort~aRer: and all such iusurance policies on any ot said buildinps. ao}' ir.terest tl~ereiu or part ~ thereof, in ehe aRp,regate sum a[oresaid or in excess thereof, shall contain the usual stanclard mortpagee clause makiug che ~ lo~s under said policies, each aod e~er~•, pa}•able to said ~Iortgagee as his interest may appear, aud each and e~~en• such policy shall be prumpd?• deli.ereel to and held b~• said \(ortgagee; and. not less than ten da~•s in ad~•ance o[ the expiration of each ~ ~lic}•, ro deli~•er to saicl \Iortqa~ee a renehal thereot. together with a receipt for the premium of such reue~cal: aud t iere shall be no such insurauce placed on any of said buildinp,s. anY interest therein or part thereo[, unlecs in the form and ith ehe lou pa}'able as atoresaid; and iu the e~-ent an}~ sum ot money becomes pa}~able under such }wlic) or policies ~aid ~IortKagee ~ shall ha~•e the option to receive and appl}' the same on account ot the indebtedness securecl hereU? or to permit said ~iortga- :w~ gor to recei~~e and use it or an~• part therrn[ [or other pur~ses without thereby waicin~; or impairin~ an}• equit}~. lien or right under or bp cireue o( this mory;age: aud iu the e~~ent ~aid ~fortgaRor shall f~?r an)• reason fail to keep the said premises so insured, or fail to deli~er promptly an}~ of said policies o[ in`urance to said 1(ottgagee. or (ail pr~~mptly to pa?• full~ any " premium there[or, or in any respect (ail to per[orm, discharge, execure, rffect, comple~e, c~>mph' ~.ith ai:d abidc b}' this co~•- - enant, or an} part hereo[, said \tortgagee ma}' place and pay for such insurance or any part thereof without Mai~~ing or = atfecting any option, lien, equitv or right under or by virtue of this mortr;ap,e, a~~d the full amount of each and every such F~a}Tnent shall be immediatel~ due aud pa}~able and shall bear interest [rom the datc thereof until paid at the ratc uf ten per centum per annum and toge[her with such interest shall be secured by the lien ot this mortgage. r"} 4. To permic, commic or suffer no waste, impairment or cteterioration o( said propertp or any part thereof. ~ 5_ To pay all and singular the costs, charges and expenses, including reasonable lawyer's tees and cost of abstracts of title, incurred or paid at any time by said Aiortgagee because andlor in the e~ent of the failure on the part of the said ~fortgagor to duly, prompdy and fully perform, diuharge, e~cecute, etfect, complete, comply Mith a~~d abide bv each and ~ e~~er}' the stipulations, agreements, conditions and co~•enanu of said promissory note, and this mortgage, any or either, aud - said coses, charges and expenses, each and e~~ery, shall be immeciiately due and payable, hhether or not there be notice, de- mand, attempt to collect or suit pending; and the [ull amount of each and e~'ery such pa}~nent shall bear interest from the = date thereof until paid at the nte of ten per centum per annum; and all said oos[s, charges and expenses so incurred or paid, toRether with such interest, shall Ue secured by the lien of this mortgage. eo~ 226 15u7 w~:~ _ ~