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Home My WebLink About1511 ,1~,.r...~,_~ 5 11 715 00 March 29 74 i. ..........e STUAHT. Florida. . . . 1l..... FoR VALUE RECEIVED. !h• undersi9aed. joiallT :nd se•erallr. PROMiSE TO PAY io u~e o:d~r ot _ . p~RRY . BOSWELL,. ..JR.~ . - . _ Eleven...Thousand.. Seven_„Hundred Fifteen._and_ _OO1100------------- . DOLLAAS, . . . . at p•. _0.... Box 785.,.. .Palm City~._. Florida o: :~~h oi~r place as fhe holder _ . . - . - hereot m~r desiguat~ ia writin~ lo~ciher with iai~rest irom date at tbe rste o! 8 per ceatum per aanum on ihe uop~id balanc~ unlll maluritT. Th~ said prindpal aud interest sl~aU be duc aod pa~ablc u tollows: In six equal semi-annual installments of $1,952.50 of tYie principal, . plus interest then due, on January 2 and July 2, beginninq January 2, , 1975. ~ The makers may prepay any part or the whole of this indebtedness at any ' time after January l, 1975 without payment of penalty therefor. ti 11 default b~ a~~de tM ~ V__.. Ja~s fw t\e N1~~t e1 ~y iasWl~e~t ~ei~ciM1 ~r i~eereit ~r ~7 rrt t\eec~l, t?e ~hok su~ t?es rceuieia! unpa{d ~it6 iate~cst sMq ~t `+lier'~ e~tiw ~ece~e /+e a~ pfa~le ~itMrt ~~tice_ Fail~re t~ euttise s~c~ Nt:~ sW~ Mt cNStilult a~ai~er ~t 16e ri~ht lo e:etcise 1?e sa~e i~ tlK e~eet ~1 iuise~rewt Jcfadt Atter aatvit~ ~t? ~i~ci~,d a~i accr~ i~temt aiall ~r.ar iaterest at 8:. oer ceatua yer annuiw ~wti) Nid. 7'be mkeh ~wi ~~rx~s N t?is Mte Iari~ ~rai~e ~esa~ wtic: ~1 ~w.pl~e~t a~ teeld~ 11 tlis wote u aot paL at m~turitr aed tYe sass i~ Placed ~rilA ~~ttK~ tK c~llectiM, t?e ay ~ans 4eed b'a~ a11 ~qts col{ectie~, iacludia~ all court eost• •n~ reaas~ab4 ~tler~ep (te~. . ( • ~ . ' ' ' . , r ~ • ~ ! ~ j I t: _ _ISEALt L------ - - , i------ - - - . ~n~~~r A. . . - =C ~_~-'~L__ `t<_~.~~L...~-~~~'.i....:L_,- - (SE1LL) a70~~R Th1EIDdIlI1 - t ISFAi.I and shall duh•, promptly and tull~• per{orm. discharge, ezecute, e[fect, complete. compl~ rrith and abide bc each and e~ery the stipulations, agreemenu, conditions ai~d co~•enants of said promiss~n- aotc ai?d oF this mort~l~e. thtn this mortgage and the estatc hereby created shall cease and be null and ~uid It is understood that each of the ~rords, "note:' "motcgagor" and `mort~8~~ t~~i~-d~ and the pronouns referring thereto, whether in the singular or plural an}~vhere in [his morcgip;r. sha11 be sin8ulzr it or.e onh and shall be plunl Joindy and se~•erally, i[ more than one, and shall be masculine, iemininc aiid or neuter. where~er che contezt so implies or admits. And said \fortgagor tor himself and his 6ein, legat rrpre;en[aci.es, succcssors ai~d assigns, hereb~ co~~enants and agrees to and with said \tortgaget. his legal represenuti~a, suaressors znd assiSns: I. To pay all and singular che principal and interest and the ~~arious and sundrr sums of mone? p~~able by ~irwe of ~ said promisson note, a~~d this mongage. each and n-m• p~P~s on the da}z respecti~d7 tht same se~erallv become due. ~ 2. To pay all and singular the taxes, assessments- 1~+1es. liabilities. oblig~tions ai~d iucumbnnces o( e~er~ natum aud ~ kin~l ~iow on said de+cribed propertv. aud;'or that htrcafcer maJ bc imposcd. sulf~red• placed. lt~ied or assessed thereuPon. ~ and Jor chac hereafcer may be 1e.•ied or assessed upon this m°nKjSe and: °r the indebtedness securtd herebF. ea~h and e~err. ~ when due and pa}~able according to la~., betore chef bec~m~ ddinquent. and befort anr inuresc attaches or an~ penalty is incurred; and in sa [ar u an} theteoi is of record che same sh~u be P*omPdr uusfied and discharged of record and the or- ~ iginal official docvment (such as, for insance, the tu t~eceipt or the sacisixtion paper o[fici~lli endorsed or certifiect) shall ~ be placed in the hands of uid \tortgagee wi[hin ten di~z oext aftrr pa~ment: ~nd in thc t~tnc that an~ th°_reof is not so paid, satisEied and discharged. said ~Iortgagee mas at ani time pac thc same or an~ pan chettof ~rithout wai~~nq or affecc- ~ iug any option, lien, equit~ or right u~~der or b~ ~-ircue of this martgaRe. ind ch~ ~ull amount of each ~nd e~-ery wch pav- ment shall be immediately due and pa}-able and shall btar interrst (rom the dace thereo[ uncil paid at the rate ot cen per ~ centum per annum and together with such intercst shi11 be secured b~ ttte 1len oi thts ~tKaK~- 3. To place and rnntinuousl} keep on the buiWina iwx or hereifter situate on said land tire ai~~ Ntll(ISIOTQt insur- ance in the uwal standard polic} torm, in a sum not less than th~ hq~hest inw~ble calue. in such compan}-or companies as may be appro~~ed by said ~(ort~agee: and all suth insunnce policies on aov of S'~d buiM~ngs, any interest therein or part thereof, in the .ggregate sum aforesaid or in esotss thereoi. sh~ll con[ain the usual stindard mortgagee clause making the ~ loss under said policies. each and e~~er~. pa)~able to said \tortgagee as his interru ma~ appnl• and each and ecer~- snch poliey ~ st~all be promptly deli~ered to and held b}' said ~Iortgagee: and. not kss than ten d~cs in advance of the expiration of each policp, to deliver to said ~[orcgaqee a rene~?a1 thereot• togethe~ ~"th ~ meipt for ehe prem~um of such renev?al: at~d thcre ~x shall be no such insurance placed on any of said buildinRs, anf interat therein or part thereof. unless in the form and w~ the loss pa}'able as a[oresaid; and in the e~ent an}~ sum oi mone~ bnomes P~`able under such polic~ or policies said ~Iorcgagee shall hace the option to recei~•e and appl~ the same on auount of the indcbtedness secured hereby or to permit said \Iort~a- gor to recei~-e and use it or any part thereof for other purpc~ses uithout tl~ereb~ waicinR or impairin~ an~ equit~. lien or right under or b~ ~ irtue oi this mortRage: and in the ecent said ~Iore~gur shall for anr reason tail to keep the said premises so insured, or fail to deli~•er prompdy an~• of said policies of insurance ~o said ~IortzaRee. or fiil prompth to pav Eull}- auy :~;:f Premium therefor, or in any respect fail to pertorm. dischuge. executc. e[fect. complece. cumpl~ w:ch aud abide bv this co~- enant, or any part hereof, said \tortgagee may plxe and pa~ for such insurance or anc put thereo[ v~ith~>ut ~.ai~ing or `,~;F a(fecting anY option, lien, equity or right under or b~ ~irtue o[ this mongage. and the full amount of each aitid ecery such payment shall be immediatdy due and payable and s6all bear ~ncenYt ~rom che ~~e e~ere°f until paid at the rate ot ten ~~~;i Per centum per annum and together v?ith snch interest shalt be secured bj the lien of this mortqage- 4. To permic, oommit or wffer no v~asce, impiirment or detcriontion of said propertf or an~ part thereof. - 5. To pa~ all and singulu the cosu. charges and exp~nses• ~nduding rezsor~abie lav?~ers fees and cost of ahstracts o title, incuned or paid at an} cime by said ~tortgagee bec~use and'or che e~enc of che failurr on ihe pa~c of the said ~ ~tortgagor to duly, prompdy and Eull} p~o~. Q~Nte. ~~t. CO~p~ece_ mmpi~ w ith and abide bv each and " e~~cry- the stipulations, agnements, conditions and co~-erunes o[ said piomis`-°r~' noce. and thu mortp,age. an~• or either, and v~~=~ said cos~s, chuges and expenxs, each and ererf. shall b~ immedueel~ due and papble. Nheeha or noe ~here be nocice, de- ~2~ mand, attempt to collect or suit pending: and the full amount of e~d~ 1ad ecer~- such WFme°~ s~~1 ~+r ~nterest ftom t e ~ ~=~ti date thereof until paid at the nte oi un per centum per annum; and a11 said c~osts. chuges and acpensa so incuired or Paid. ~ together Mrith wch interest, shall be secured bv the litn of this mongage- ~r no~~ 226 .~1510 ~ ~ _ r.., - . ~ . . ~ . . . . . _ . _ ~ ' _ _ .