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HomeMy WebLinkAbout2680 . i ~ ~r:::s~r.,.~~ ::,n:mc:: ;:,::'i?1:8iei!Eeiti2n~~utt,~sn~~ 5I4~~~~u« : _ . c•~;jy • u!?:i'»»~;!?iF!4?N:?e4f+~i'.l::.'sii«ili Fl«i .»3ie::: fiii93 - ; , ' le 7.~..... Ma~r . ~ 8TUAAT. Flosid~. ' s_. 4~~.~QQ e~ o~u~ and s~~~:aUY. PROMISE TO PlIY to th~ ord~r ol... 3 t1u w~d~id~a~d. ~ ~ FOA VJ11. NY~$.~.T~'.IE~N.~T~~.~...~~1~~ .F1or.i.da...coxRo.r.at~ion.. _ _ - . : H.IG~t1AY_ .~...a. - . oo~rs. ..~Q...OQ~ ,Mh~~ bold~t FQRTY ..::~i.v~.. THQI~lSANQ...F.~V~...k1UNRREA. ~ ~ . . .........o: `...........p~.o. .:i ~ .~~eu~C~a... F~.QI". ~.dd ........................................................lsom dat~ a! !lw :at~ oi . . p~s e~+twa p~s anAwa oa !M aq~!~ ~'s: l~~e! ts~! wsitit~. l~iM: wUh iat~e~s! r7vr• ,i. p=~w1 ~d ~„i~ a a~. ~d paY~bl~ in thirty nine (39) equa The interest on this note will be 8~ X on ' ~ a1sa~ aatu aMw~it~r• i nstal laients pl us accrued i nterest as fol l ows : , ae the unpaid-balance from the date hereof until~atse eF~~ithefdate that9the fi~rst mortga9e is - by the aartgagor) is paid in full within 90 Y , 11 satisfied, in consideration for ~he mortgagee herein subordinating this mortgage to fu Y institutlon mortgage for construction purposes, mortgagor will then pa~Y ~ that of a 1 endi ~9 ~ la~ interest on the unpaid balance. . note be p r ep a i d i n w h ole or in part at aRy time without penalty. ` Thi s ~Y , w. ~.t.w rt t1a?Nf. W }e: Q_ Iw W M7~~t ~1 a~f Iw~uliMwt ~f ~~I~ci~l ~r i~t~~t M u~f N d~ll w~t cwutlt~r 3 ll idwlt M~~M ~ iw u~ M1~ ~itweut ~Nie~. Faqw~ b~a~rels~ ~~c~t~n~ sVil MW IwtMnst st ent~ ;ii .ta i~M~w~ aax .t M1i«':•~w~ ~ adaae. A~e.r ~..tue+tr wtt M~~ •w~ •cc.+.a wiwe .~a M««~. u ~w wa. ~ TM MM~~ ~t tbb ..a Mrt?.. vair. ~••a•~. •Nic. .f wew•w j~jH.~1M U W wM! ~1 arM~NM N Nf ~ wq d s~YK~MR. M~ swtt i.i ~Ml~f11~ ~y~M~~M~ Y attl~Mr /~f H~Mit{M~ f~ ~M~iM~~ M ~ J /i M. ~C/ ~ ~ ?....~YZwL~ Y l~ / ~ ?t X.. c~uinacfier ~ .....u~sa ~ ~ ~ . . . .J.• t ~~i ~ .:i . «~i~'.::w "»~S:iL~ii: '~C~~Wii~ ~'4 ::ii'«~~:i:~..........::^~:i~L~.'~.~:~ ~ " - k: .:t» ~ . . ' T, _ " . " . r ~ ;_A " ^ • Tt{~~ t ~ - . . . ,;y . ' ' ~ ' ye . ' 3! ' , . } ' . . . . , T . . . ' . _f t ~ t . _ ~ _ ~ . . ~ ' ' t ~ ~ i - ~ . f . . ~ ~ • . . . . v J. . 1 ~ and shall duly. pmmptly and fully per[orm, discharge. execute, etfect, complete, comply wtth and abide by each t1~en this mortgage and the estate he eby created shall c~ease and be null anA oid. ~ry note and ot this m~rtgage. It is understood that each of the wor~. "note; '"mortgagor" snd "mortgagee" respectively and the pron- ouns referring thereto, whether in the singuler or plural anywhere in thls mortgage. ahall be aingular ii one only ~ and ahall be plurnl joinUy and severally. if more than one, and shall be masculine, teminine and/or neuter. wher- ever the context eo implies or admit9- And said MortgaSor !or himselt and his heirs, legal representatives. succe9sors and essiBns. hereby coven- anLs ana agrees to and with eaid Mortgagee, hia legnl representatives. successors and assigns: 1. To pay sll and stngular the principal and intereat and the various an ns ~e ~y~~~uv le y~theblsame virtue of said promisaory note. and this mortgage. each and every. promptlY I severally become due. ~ 2. To pay a11 and singalar the taxes, assessments. levies, liabilitie9, obiigations and incumbrance~ oi e~ery _ nature and kind now on said described property, and/or that heresfter may be imposed. Buffered. placed, levied ~ or assesaed thereupon. and/or that hereafter may be lecied or asses9ed upon this mortgage and/or the indebted- f ~ 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 penaltY is incurred; and in so fai' as any thereoi is of record the same ' shaA be prompUy satisfied and discharged ot record and the original official dceument (such as. tor instance, ; ;he tax receipt or the satiafaction paper of[iciaUy endorsed or certified/ ahall be placed tn the hands of said Mortgagee within ten days next after payment; and in the event that any thereof is not so psid, satisfied and discharged. said Mortgagee may at any time pay the same or any part thereof v~~thout wai~~ng or aftecting any optibn, lien, equity or right under or by ~ irtuP of this mortgage, and the full amount ot each and every atcthe ai~yate noi st nl per centumaper annum anda together wilh ~su haintere tsshall be securede by ihetli n o,f th e mortgage. 8. To place and continuously kecp on the buildin~s now or hereafter aituate on said land fire and M?i~?dstorm MaX1.P.tL1Iri . tn such com- insurance in the u.4ual standard policy form, in a sum not less than 5-..-. pany or con~p: nics as may be approved by sai~l hiort~n~ee: and aU such insw..nce policies on any o! said build- ings, any interest therein or part thereof, in the a~~re~ate sum atoresaid or in excess thereot, shall contain the usual standard mori~agee dause makin~ the lo~s ur.d~r said policiea each and every, payable to said I?iortga- gee as his interes[ may appear, and each ard e~~e;y 5~~~•n a?i~~y shali be prompUy delivered to and heid by said Mortgagee: and, not less than ten days in ad.•an~e of the exp~ration of each policy, to deliver to said Mortgagee , a rene~val thereof, to~ether v~-ith a receipt tor the premii~m ~f vn~h renewal: and there shall be no such insur- ~ ance placed on any of said buildinRs, any interest therein or part thereot, unleqs in the form and with the loss payable aa aforesaid; and in the e~ ent any sum of money becomes payable under such policy or policiea said Mort~agee sball ha~e the option to receive and apply the same on account of the indebtedness secured hereby or to permit said Mortga~or to receive and u~e it or any part thercot for other putposes a?ithaut thereby waiving ~ or impairing an} equity, lien or ri~ht under or by ~irtue of this mortgage: and in the event said Mortgagor shall for any reaso:? fail to keep the said premises so inQur~d, or fai'eRO, am~~thereformoru,a any re~(?ect fail~t per- ~ 3nsurance to said rtortgaRee, or fail prompUy to pay tnlly ar?y p ari hereof, said Mortg- torm. discharge, execute, effec~ complete, comply ~~~th and abide bp thia co~enant, or any p agee may place and pay for such insurance or any part thereoi without waiving or atfecting any op[~ent shall equity or right under or by virtue of this mortgage, and thc full amount ot each and every euch paym be immediately due and pa}abie and ahall bear intPrest from the date thereoi untll paid at the rate of ten per centum per annum ~?nd together vrith such interest shalt be aecured by the lien of thfe mortgage. 4. To permlt, commit or suf[er no aeste, impairment or deterioration of sald property or any part thereof. 6. To pay sll and aingular the costs, charges and expenses, including reasonable lawYer'e fee~ and cost o! abstracta ot tiUe. incurred or paid at any time by sald Mortgagee because and/or ute, eeffect,~co Plete. on the part of the said Mortgagor to duly, promptly and fully perforns. dlscharge, comply with and abide by each and every the sUpulation~, agreements. conditfona ~h ~a~~ry ~a11 be lm~ : sory note. and Ws mort~e, any or either, and said co3ts, charges and e.xpeneee. ; mediately due and payable, whether or not there be notice, demand, attempt to collect or sult pending; and the ~ tuU amount ot each and every ~uch pavment ahall bear interest irom the date thereof unU1 pald at the rate of ~ ten per centum per aru~um; and all eafd cwte, charges and e:penses eo ~ncun~ed or paid. LoBether wit2? auch fn- tereat, ehv! pe eecured by ths Ifen of thfa mortgage. 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