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HomeMy WebLinkAbout0161 `.~.~i~i~i ?~fi~i ~.'LSb'r4S.4~.~.•,.~•,~~.~.~.,.~.,.,.,.,•,~,.,.,..•.•: . : ~ ~ i ~ ~ i ivvv-~v-r~-r~-~ i ~ . . . . . . . . . . ; ~ r7^ • . ~ ~Q~_~l~ aQQ__._ ~ _.II~~l.~G.. 19 ('T ~ fOR V E RECEIV D, th~ undeni~ned, iointly and severally, PROMISE TO PAY to the or~ei of ` _ .ENSEN_.BEAC~i~ANK _A- -Florida Banking--Corp~ration - - - - _ : OiIARS, 1 • en__ThQ~asa.nsl_.and_1Vfl/.~Q~--_-.-_-------_-_--.--.--_-----------_-----------------o ~ ~ : P-.---C~,__ ~o~c_ 7,._..~ens~n__~each~ _ I'IC~Y'l.da, ~~.~J7.--.- or such other Isce as the holder ~ : at _ _ P - - . heroof ay desi~~ate n w~iting foge ith iMe~est from - - - - - ~ - - - at the n of po~ ce m per ar~ on the unpaid balance until maturity. The said principal snd interest shall ~ be due an as follows: ~ $123.99 a month, the first pa. e1t beiny due one month from date, and ~ continue foi• eac month there er until psid. This sum of ~~123.99 pa.id each month shall, fir~t be cr ited to interest and the remainder to the ~ principal of this o' ation. his note ma be prepsid at any time without ~ ~ penalty. ~ If d~fsvh b~ msd~ for ..1.+5---- dars in tM pay~nsnl of ~nr insullnKnt of rincips) or int~r t or sny parl th~r~of, tM wlrob sum M~n ~emaieiny unpsid with innnst shaU +1 ho~dK's opYron MconM dw and payabk wdhout noric~. F+ilur~ te ~z~re such optia~ shall not constitub$ 2~}aiP ~ of 1M i right te ~:~nis~ tM s~ww ~u 1M ~v~nt of s~bs~qwnl default. Aft~r matvrity bo printipal and a d intenst sh~ll b~a~ iwtenst st 7G er centum 'u per senan until psid• TM uuk~rs snd +edon~n of this nof~ fu~ther wa+re de and, no~ic~ o en-paynwet and pro~esl. If tha nole is ool p+id a1 ' maturity and th~ sawa is plac~d wif6 an sHom~y for collact~on, th~ makers and • a9ree 1o pay all cosls of oll~ction, including all courl ; costs swd nssoasbM ans.n~r f«s. • . . : • ` - - (SEAL) . ; C , A . Balni cki ' - - - - - - - ( EA ) - Attesr _ . S L ; Clc~a S. Ba.lnicki . - . (SEAL) ti ` - - - - - - ~ - - - - I I I I I f~f I I I~I I I? • I I I I I ? I I I I I/ f I I I I I/ I I I I I I I I ? I I I I/ I I I I I 1 I I I/ I/ I I I I I I I I I I I I I I I I I I I~ I I/ I/ f I : .r~..~ris-~~~~i.s~~~~~ii~s~~i~i?~?~~~i~~~~?r~~?~~~~i..~?~i.?~~~.~~?~~~~~~.~~~~~~.~~~ ~~~~~~~~~~.?~~?i snd ahall duly, promptly and fully perform. discharge, execute, effect. complete, comply w~th and abide by each and every the stipulations, agreements, conditions and covenanta of said prom~ssory note and o! this mortgage. then thia mortgage and the eatate hereby cteated shall ceage and be null and void. It is underetood that each ot the wonls, "note; '"mortgagor" and "mortgagee" reapectively and We pron- ouns referring thereto. whether in the singular or plural anywhere in thie mortgage. ahall be aingulat if one ody and ahall be plural jointly and severally, i! more than one, and ahall be masculine, feminine and/or neuter. wher- ever the context ao implies or admits. And sald Mortgagor !or himsel! and his heirs, legal representatives. auccessors and essigns, hereby eoven- snts ana sgrees to and with aeid Mortgagee. hia legal representatives, succe9sors and aa9igna: 1. To pay all and aingular the principal and intereat and the varlous and aundry aums ot money payable by viriue oi said pmmiasory note. and this mortgage, each and every. promptly on the daya teapectively We same ii aeverally become due. ~ 2. To pay all and ~ingular ihe tnxea, ~sessments. levies. liabilitie9, obligations and incumbrances o! every ~ nature and kind now on said described property, and/or that hereafter may be impo9ed. auftered, placed, levied or asse9sed thereupon, and/or that hereafter may be levied or assessed upon this mortgage and/or the indebted- ness secured hereby. each and every. when due and payable according to law. be[ore they become delinquent, ~ and before any interest attaches or. any penally is incurred: and in so far as any thereot ia of record the same shall be prompUy satisfied and discharged ot record and the original official document (such as, tor instance. ;he tax receipt or the satiafaction paper officially endorsed or certitied? ahall be placed in Lhe hands of said Mortgagee within ten days next after payment; and in the event that any thereof is not so paid, satisfied and discharged, said Mortgagee may at any time pay the same or any part thereof without waiving or atfecting any optiOn, lien, equity or tight under or by ~•irtuP of this mortgage, and the full amount oi each and every such payment shall be immediately due and payable and shall bear internst from the date thereof until paid at the rate oi ten per centurn per annum and together w~th such interest shall be secured by the lien of thia mortgage. 3. To place and continuously keep on the buildin~a now or hereafter sltuate on said land fire and windstorm insurance 1n the usual standard pollcy f~rm. in a sum not less than fn such com- pany or comp^nics as may be approved by said ]?fort~nrce: and all such insurance policies on any of said build- ings, any interest therein or part thereof, in the a~greRate sum afornsaid or in exce9s thereot, ahall contain the usual standard mortRagee clause makin~ the lo~s ur.d~r 9aid policies, each and every. payable to said Mortga- gee as his interest may appear, and each ar.d e~•ery su~•h policy shall be promptly delivered to and held by said Mortgagee: and, not less than ten days in ad~ anoe of the expirat'son ot each policy, to deliver to snid Mortgagee a renewal thereof, toRether with a receipt for the premium of au~h renewal• and there shall be no such insur- ance placed on any of said buildings, any interest therein or part thereof, unless in the form and wtth the loss payable aa aforesaid; and in the e~•ent any sum o[ money becomes payable under such policy or policies said Mortgagee shall have the option to receive and apply the same on account ot the indebtedness secured hereby or to permlt said Mortgagor to rece3ve and uae it or any pnrt thereot for other purposes without thereby waivfng or impalring any equity, lien or riRht under or by virtue of this mortgage: and in the event said Mortgagor ahall for any reason tail to keep the said premises so inQured, or fall to dellver promptly any of said policies o! insurance to said 1?tortgagee, or fail promptly to pay fully any premium theretor. or in any tespect fail to per- form. di4charge, execute, effect, complete, comply ~~~th and abide by this covenant, or any part hereof, asid Mortg- agee may place and pay for such insurance or anv part thereof without wafving or affecting any option, lien, equity or right under or by virtue of this mortgage, and the fuU amount of each and every euch psyment shall be immediately due and pa~•able and shall bear intPrest from the date thereof untll paid at the rate of ten per centum per annum nnd together wlth 9uch tnterest~ ~hall be aecured by the llen oi thls mortgage. 4. To permlt, commit or sutfer no n aste, impairment or deterloration oi satd propetty or anq part thereot. 6. To pay all and aingulnr the costs, charges and expenses, including reasonable lawyer's fee~ snd cwt ot a abstracts of tiUe, incurred or paid at any time by aatd Mortgsgee becauae and/or 1n the event of the fallurs on the part ot the said Mortgagor to duly, promptly and fully perform. dlscharge. nxecute. effect, complete. complq with and sbide by each and every the stipulatlons, agreements, conditlona and covenanta oi said promis- sory note, and thls mortgage. any or elther, end sxld costa. charge9 and expenees, each and every, ahaU be Im- mediately due and payable, whether or not there be notice. demand, attempt to collect or sutt pending: and the itill amount ot each and every such payment ahall bear interest trom the date thereot unW pald at the rate ot ten per centum per annum• and all eafd cwts, charges and eacpenses eo lncurred or paid, together with auch !n- terest, shall be secured by the l1m of thla mortgage. 8~~~7 ~ ~~O- .:t:;. ~ ~ - _ - - _ - ~ ; F"