HomeMy WebLinkAbout2140 . - j
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~ ~l t/rat ij'sni~l .:11~.rt~'~ ~~~r s/rall j~ar~ r~~itv 1h~• cttr~l .,~fnrl~~i~~~
` ~iruuilrl ~lu~u,~.
~ tJlP CP/•tuin yra~,ti,.urJ ~tul~~, a/' u•l~i~•/r tlee j~,llur~•i~~~ t» u•urds ~~~td. ji~rt.re.:~ ia u tr•t~E~ cu~uJ,
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to wit:
Mnrch ~ ~ ~1 ~q 74
s 30, 500.00 Fort Pierqe, Flo~ida, T- ,
~ without defalcaYwn, to the order of '
~ valu~rece'L,t~ed~~~ o~ either of us, promise to pay.
~ • 1804 81~ D=ive in Fort ~
e Q ~+.ywr,~nr~ s ri at
Pierce. Fiorida, the sum of ~IRT7f THOOSAIdD FIVS HUNDRBD--------'------ - DOIIARS
% annum, in 1°On~ly instalments as foll~ws,
with interest from date at the rate f b~ P~
~ 261.34 ~ the a~~ day of ~=il r 19 74 and a like sum
on the oo~respc~ding day of ead~ like succeeding per'wd ihereafter until the whole be fully paid.
es
Each irotabneM firft th~il b~ appfi~d in WYn~e^~ of Nie inte.~st «~d fF~en m H~t w~p+id bal+~~ of H+s prinrip+l uaa. If d~f~uh b
in ti~ paYnwU d+~M? ~ wh~n du~. tlMn at ~ht o~Mion af Nn holdar. ~ed withoW anY o1hN nwice, sN tM rem~inlig irutalments
st~all b~ du~ ~nd phsbk af aicx. i~Ynant ~lbitlkr forbeararwe.~aowptaewe bY holde~ Irr~of aftK ~ny de
w' N in any
tend th~ tinr of erw~~V of anll sabs~qwM
p~ynwnt he?~on, sh~~ b~ dear~ed ~:t~sion. ~ s~ve~afly. waives dem~nd~ P~^~"~^~• 0~~f and notioe af protest for nor?P+Y-
Each mskw. wrary sed and~ Ip~Y eitMr bsforo or aftar m~twity, witho~t ewtiu ro+nY of us: +nd to psy sll
m~nt. and furthsr a~rea to +ryf? e~cN++sion of tirn~ of psymeM.
oosts of coU~c~ion, a~du~ny a rasor~ +~w~Ns fee in the eveM of ~ny defauh iK+wndar, +~d herebl/ srwr+lly waives all benefit of
homat~sd and ex~rnptan under the oon~tihrtiw~ and laws of e~ch Stats of tM Unitad Ststa, as agairot tlds obl:gaYan w ~ny extension
"~°r. ~~ht - s~~:. Jsse h l~c~
a~~t`.h~ _tsE~?~)
p~'~i.'~'~'e ~
without penaltY S 9ra~~ _(s~?~)
i and shall perjo~m. ~oniply r~•ith aird abide bJ escli and eLery lhe slipulations,
; agreem,ents, conditio~rs and coLenants of said promissory note and of this deed, then
~ this deed and the estate herebJ created shall cease und Le null and voad.
~ ,~rid ~he said .,llort~ctgor hereby eovenaants and atgrees:
~
~ .1. To pay all an~ sin~ular the prin.ripal a»~l intPr~4t an~ nthE~r sr~nt-s nj nto~tey
P~Jable hJ c•irtue ~~j sai~l,prontiss~rt~ ~tntt~ c~nd tJ:is de~d, ~,r Pitli~r, pr~~i~rptly ~~~i the
~ da~s respe~t.ir,•elJ the sa»tc~ sei~erallJ conie ~luP.
` z'. T~~ pay all ci~i~l sinsr~lar the tax~s, assess~nrnts, ler•i~~s, li~~hiliti~-s, ~~hlio~t.ions
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~ ; an~ encttntbrances uj rt•c:rJ ?tatr~re on sai~! cl~sc~rihed propert>> ear•)t ancl ez~f•ry, c~nd-
' if the sam,e be not promptly paid the ser.id .hfort~sa~'ee n~ay at any time pa~ the sanze
~ without rcaiain~ or aj~ecting the option to foreclose or a.ny right herezender, qnd erery
pctyme~at so rriade sh.~ll bear interest from tlr,e date thereof at the rate of ~(10)
~ per cent. per dnnum.
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~3. ?'o pay all and singular the COSt3. elear6~~c ~n~l Pxpenses. iir~lrulin~s lawJer's
~ fees, reasona,bly incurred or pdid at any time by sdid .1lfortga~ee beca.tcse of the failure
on the pa.rt of the said .hfortga~'or to perform, comply u•ith a~rd abicle by each. an
~
a'Y?
~ eaerrJ the sti,~vula~tions, a~reements, conditions and coz~ena~rts of' said prumrsso~y note
' ctnd this deed, or either, and every sicch payment shall Lear interest front date at the
i rate of ten (10) per cent. per annurn.
" ,z I
To ICP.P~ Lj1P. btt.ildin6 nor~~ ~~r h~r~ajt~r nn s~rid lunc! i~isured in R SIIIII not ~ ~
>ri~; less thun Full insurable value F
U~,Ilu~s, in a c•u~npanr~ ~~r ~•~,mpu~ii.~s to
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~ be approi~ed bJ said .3lort~sa~'ee, and the poliey or polieies hel,cl by and paycrble to said
y ~fort~a~ee, and in tlie ei~e~ct any srcna of ~nonoJ becomes >>ayable tcnder sicch. policy or
l policies, the .;ilortg'dgee shall haae the option to reeeive and upply the sante on uccount ~
= i of the indebt~edness hereby secured or to permit the .htortg'agor to receive and use it, or
any part thereof; for otlcer prcrposes, wi',ho«t therehy t~aiving or inrpairing anJ equity
' lien or ri~ht under or by virtue of this mort~age, and naay pluce and pa~ for such
insurance or any part thereof, uathout u•ait+in~ or af}'eetin~ the option to foreclose or
~ an.y right hereunder, and eaeh an.d eaery suek payment shall bear interest from date
r~~ at tlae rute of ~~lp~ per cent. per annu~n.
eooN226 ~E2138
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