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Home My WebLink About2421 ~ s ~ . .-i r 145 000.00 - _ STUAR?, Florida, ---~1~N+~~.-------~----"'.------ 19.Z4._ ~ FOR VAWE RECEIVED, the undersigned, 'ointly and severall ; PROMISE TO PAY to the order of___..____ ~ _HEI~1! I~JEHI~4~"~! ..~._1~~_l~f~-•-----------------_..----------------. _ ONE _HOI~ED_~~TY 1~'=VE THaT3AND a11d AO__,~_ZOO_._.___.-•-------------•----•----~-- LLARS, s~~ ~ ...____.__or such other place as the holder at _____.--__--_____.a.____~~...~~_------------- ; hereof may designate in w~iting. together with interest from datc at the rate of per centum per annum on the ; unpaid balance until matu?ity. The said p~incipal and interest shall be due and payable ~~110MS=, _ Twenty_1"ivs Tho~usand on or befo~ce ta~n da~ys fi~+ date hareo~. Ths ~ balanc~ in 10 equal annual instalm~enta of Twslv~e Tho~ueaad ~512~000.00~ Doilara piua accured interest an tha unpaid balance untii date of payment. This Nota ma~y be pre-paid ~m vd~ols or in part at anytims a~ter JenuarY •z 1 ~ ig80. i ~ ~ If defwh b~ m~ fa ~O_ d~YS in fl» P+Y~~ of ~nY irapl4n~nt oF pindp~l a ieqi~st a+~Y D+N +Mnof. ~A~ wlwb ewn Men r~m~7n~:q unpaid w:tl+ ~nn+es? sMll st hddw'a op rion E~conw dw and pa~~bb w~fAaN na~u. F~ilw~ ro~sac.s~ sucA rcan shall no~ ritva ? w~~ve. o! N» r•g~~ 'u ro ~aerc~ss ~M H~ :n tM tv~n1 oF su0a~v:xnt d~fwM. Ainr ne~rwity both.0~incip~l and ~cvwd inta„t ~I++11 i~meat ~t DN. cemwn ver annum ~i unnl paid. TM nwkus r+d ~ndaaas of N+is noe~ tvrtl~ w~ivr dM+and. na~a of Y~*Mf ~nd V~~f. If •~ile bd~ndl.easa+ibb a~an~r (a+s~ u pl~nd with ~n anwrMY for edi~etim. 1M nwka~ N~d ~ndorNn Mrwf prM to V ~II Owb d COIIKtae4 t - (SEAL) ~ . ~ .Tl. ~ ~ ~ ` s~.t~ - - _ ZSEAI) i ' and shall duly, promptly and tully perform, d»charge, executP, eftect, complete, comply w~th and abide by each and every tbe stipulations, agrecments, cond~tions and covenants uf said prom?ssory note end ot thie mortgage. then thls morigage and the estata hereby created shall cease and De null and ~•o~d. It i~ underatood that each of the wor~J.a. "note," "mortgagor" and "mortgagea" respectively and the pron- ouns referring thereto. whether in the singular or plural anywhere in lhia mortgage. ahall be singular it one only and shall be plural jointly and severally, if more than one, and shall be inxsculine, feminine and/or neuter. wher- ever Lhe context ao impl~ea or admits. And said Mortgagor for him~elf and his heirs, legal representatlve~, successora and assigns, hereby rnven- ants ana sgreea to and with aaid Mortgagee. his legnl representatives, successors and assign~: 1. To pay all and singular the principal and Internst and the various and aundry sums ot money payable by virtue o! sald promiasory note, aad this mortgage, each and every. prompUy on the daya reapectively the sau?s - severaUy becom~ due. ' 2. To pay a11 aad ~ingular the isuces. essessments, levies, liabilities, obliQations and incumbrances o[ every nature and kind now on said described pcoperty, and/or that hemaf:er may be imposed. auffered. placed, levied ; or assessed thereupon. and/oe that hereatter may be levied or a.~sessed upon this mortgage- and/or the indebted- ; ness secured hereby, each and every, v~ hen due and payable acrording to law, before they become delinquent, ! and before any intere9t attaches or any penally is incurred; and in so tar ae any thereoi is of record the same ahall be pivmpUy satisfied and discha oed ot record and the onRinal o[[icial dceument lauch e9, tor instance. ~ :he tax receipt or the satis[action paper officially en~iorsed or certified! shall be placed in the hands of said ~ Mortgagee w[thin ten days next atter payment; and in the evpnt that any thereot is not so paid, satisfied and ~ discherged, said Mortgagee may at any time pay the same or any part theren[ a-ithout waiving or affecting any opti0n, lien, equity or right under or bl ~'irtuP ot this mortgage, and the [ull amount of each and every a such payment shall be immediately due and payable and shall bear interrst trom the dn[e thereof until paid ~ at the rate of ten per centurn per annum and together with such interest ahali be secured by the lien ot this mortgage. S. To place and continuously keep on the bu;ldin~s now or hereafter aftuate on said land fire and windstorm ~ max~mum in such com- in~utance in the usual standard policy form. in a sum not less than i..-----••-~---...--- pany or comp^a~es as may be appro~•ed by sai~l Nlort~a~ce; an~f nll such insurance pnlicies on any ot said build- ings, any interest therein or part thereof, in the a~~reKate sum atornsaid or in excess thereof, shall contain the usual standard mort~agee clause makinR the l~~~s ur.d~r said poticies, each and every, payable to said 1liortga- gee as his interest may appear, and each a~td e~•P:y su~•h policy shall be promptly delivered to and held by said biortgagee; and, not less than ten days in adt•anoe of the expiration o[ each policy, to dellver to said AtortgaRee s renewal thereof, toRether with a receipt fnr ihP premii~m ~f v~~~h rpnewal: and there ~hall be no such insur- ance placed on any of safd buildinRs, any ~nterest therein or part thereot, unle.~ in the form and wtth the loss payable as aforesaid: and in the e~ent any sum o[ maney becomes payable under such policy or policies said Mort~agee shalt ha~e the option to receive and apply the sahnP nn account ot the Sndebtedneas secured hereby or to pe.rmit said Mort~agor to re~eive and u~e it or any part thereot for other purposes without thereby waiving or impairing any equity. lisn or riRht under or by virtue of this mortgage: as?d in the e~ent sald Mortgagor ahall for any reaso~ tail to keep the said pr?mises so inQumd, or fail to dellver promptly any ot said palicies of insurance to said TtortRa(;ee, or faii prompUy to pn~ ti~lly any premium theretor, or in any rwpect tail tn per- ~1 form, di4charge, execuie, effect, complete, comply ~~-ith and abide by this covenant, er any part hereot, said Mortg- c:: agee may place and pay for si~ch inaurance or any part thereot without v?aiving or aitecting any option, ien, ~ equity or right under or by ~•irtue of this mortgage, and the full arl~ount of each and every euch payment shaII ~ ~ be fmmediately due and pa~•able end shall bear intPrest trom the date thereot until paid at the rate ot ten per ~ centum per annum and together with auch interest ahall be secured by the lien of thls mortgage. ~ 4. To perml~ commit or ~utfer no vxaste, impairment or deterioraUon ot said property or anY Part tt?ereot. 6. To pay all and ain({ular the coste, chargee and expenses, including reasonable lawyer'e fees and coat o! sbstraCts ot title, fncurred or paid at any time by sald btortgagee because and/or 1n the event ot the faflure r on the part of the said Mortgagor to duly, promptly and fully perform, dlecharge. ezecute, eKect. complete. 4 rnmply with and abide by each and ev~ry the stlpulations, agreementa, condittons and covenante of eaid promis- iory note, and Wa mortgage, any or either, and ~xld costs, charges and eupensea. each and every, ahall be Im- ; mediately due and payaDle, whether or not there be notice, demnnd, sttempt to col{ect or suft pending: and ths itill amount ot each and every such pevment ahdll bear intereat trom ths date thereot unt11 Pa~d at the rate o! ~ tea per centum per annum; and all enld coets. charges aad racpense~ ~0 lncurnd ur Paid. toB~ther with such in- tetest, ~ba11 Ds securcd by the llea of thls mortgage. , 37S ~aLr 1539 ~Q~K ~30 P~~2420 a ~ _ _ _ _ _ v .t.,. . ~ ~4., ~ ~ . xy , <s ~ _ ; ~ ~ ~ ~ :`~~.~a: