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HomeMy WebLinkAbout1621 ~ dower. separate estate~ possesaion~ claim and demand whatscever, ae well in law ae in equity. of the said Mortgag~or in and to the same, and every part thereoi. with the appurtenances of the said Mort• : gagc,r in and to the same, and everq part and parcel thereof unto the said 1liortgagee in fee simple. ` ~ The Mortgagor hereby oovenanta with the Mortgagee, that he is indefeasibly seized of said land in ; fee simple or such other estate. if any, as is stated herein; that he has full power and lawful right to ' convey the same as aforesaid; that the land ia free from all encumbrancea except as herein otherwise recited; that said Mortgagor ~nill make such other further assurancea to prove the aforesaid title to said land in eaid 1liortgagee as may be reasonably required, and that said Mortgagor does hereby fully war- rant the title to said land~ and every part thereof, and ~vill defend ihe same against the lawful claims of all persons whomsoever. 1'xov~$n ALw~YS that it the hfortgagor shall pay unto the Mortgagee that certain promissory note ~ of which the following is a substantial copy, and all future advancea hereunder, to wit: ~ 2~~~ , Florida. ,19 74. Fott Vn~.US Rs~v~, the underaigned prnmise (s) to pay to General Finance Corporation of Florida, a corporation organized ar.3 existing under the lawa of Delaware, or orsier, the principal sum of `r Twent~ Fi~e 9tmdred Dolla~d Dollars 2500.00 the said principal shall be payable at the ofl~ce of Gea4aral FYnancs Corporatian 30i8 S. F~d~ral High~a,~, P'6. Pierae, FL , or at such other place as the holder may designate in writing delivered or mailed to the debtor, in monthly installments of M1n~t7 ?ln'~s Dol].at'a & ffight Cents no~lars 93•~g commencing on the ~g~ day of ~t , 19 74, and continuing on the ~g{,~ day of each month thereafter until this note is fully paid, except that, if not sooner ~ paid, the final payment of principal shall be due andpayable on the firat day of Angust~ ~'1~'4 • ~ If any deficiency in the payment of any installment under this note ia not mnde good prior to the ~ due date of the next such instaliment, the entire unpaid principal sum shall at once become due and ~ payable without notice at the option of the holder of this note; and said unpaid principal sum shall bear interest from such time until paid at the highest rate allowable under the la~va of the State of Florida. Failure to exercise this option shall not constitute a waiver of the right to eicercise the same itt the event of any subsequent default. In the event of default in the payment of this note~ and if the same is oollected by an attorney at law, the undersigned hereby agrees to pay all costs of collection, in- ~ cluding a reasonable attorneq's fee. ~ I i This note is secured by mortgage of even date eaecuted by the undersigned on certain property ; described therein. ~ ~ ! Presentment, protest, and notice are hereby waived. • i ~ : ( l~t/l ~ ( 3EA1.) ~ ~ ~ ~ ~g . ( S~) ~ i ~ (SEAL) ~s~) ~ And shall duly, promptly, and fully perform, discharge, execute, effect, complete, and comply with ~ and abide by ea~h and every of the stipulations, agreements, conditions, and covenants of said promissory ~ note and all future advances made hereunder and of this mortg?age, then this mortgage and the estate ~ hereby created shall cease and be nnll and void. ~ The ~iortgagor further covenants as follows: r 1. That he will pay the indebtedness~ as hereinbefore provided. ' 2. He wvill pay all taaes, assessments~ ~vater rates, and other g~overnmental or municipal charges, ~ fines, or impositions, for which provision has not been made hereinbefore, and in default thereof the ~ Mortgagee may pay the same; and that he will promptly deliver the official receipts therefor to the ~ 1liortgagee. ~ ~ 3. He will permit, commit, or suffer no waste, impairment, or deterioration of said property or any part thereof, exeept reasonable wear and tear; and in the event of the failure of the Mortgagor to keep ~ thc buildinga on said premises and those to be erected on said premisea, or improvements thereon~ in ~ good repair, the Mortgagee may make such repairs as in its discretion it may deem necessary for the ~ proper preservation thereof, and the full amount of each and everq such payment shall be due and pay- ~ able thirty (30) daqa after demand, and ahall be secured by the lien of this mortgage. ~ 4. He will pay all and singular the costs, charges, and expenses, including reasonable lawyer's fees, " and costs of abstracta of title, incurred or paid at any time by the Mortgagee because of the failure on the part of the Diortgagor promptly and fully to perform the agreementa and covenanta of any p~tomis- ~ . . ~ a~:;.~35 ,~;;.E ~620 ~G~ -