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~ FOR VAtUE REGEIVED, tiN und~rsi~e~d, anti~? snd s~ve?aily, PROMISE TO PAY ~o th~ o~d~? of-. . `
FAUL ~_C~_._ I,~NALUSC.~~~_~_~~:T~_.1~_~_. _NrA_~1~~N,--k11.~_V~ti#_~.---------- - _
'~,rir-nty-four Thcu:and Ei ht ~iun3~~:c1 and No(100 ,
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- g._ ~OX~~~'7 , I';Ct Z~1erC°2_ FlOrlc.ia__ 3~45b_ or wch othK piace~as th~ hold~r
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~ he~of may d~si~n~t~ in wriHn~ toy~the~ with int~nst from ----Aj-R11~Nf.---b~.j~Zl.---------------._. . - ;
~ at th~ nb of pK antum p~~ s um on th~ unpaid balsnce until ~nsturity. Th~ said principal and infe~~st shall ;
~ be du~ and psyabl~ as follows: '
$10, 80C. C0, plus interest Auqust 1, 1975. C n S~ptember l, 1975, ~y ~~133. 80 and '
each and every month ther ter paid in full. The suni ~f ~ 133. 80 p~d each month ;
saall first be creditz~ t~ l~te~ ~st~the ~ind~~ t~ L:~ ~ri:.^iY~ ^f ~h! ~ ob~lgaiion.
~ This ~1'•t@ II13 b;; re id at such tim s and in such amounts as mak~rs desire.
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r_: s~ ~ .1,~.. w. dv~..~ ei awv i~st t d~riwc~ e. ~Nr.u e. s•r ~~b.nef, 1M whoM suw~ tMe nwuinia~
unpaiJ wiN~ iwNns/ sha~~ a~ IwWK's eP1i~w b~cew» dw awd parabl~ witlww notiu Fail 1e ~:KCis~ sYCh eptiew s1uM ~et coasfitvh waiwr of tM i.
rig6t h~:~rciw N» s+w~ i~ tM ~v~w1 ef s~bspwwt d~fsuh. Aft~r ~aatwifr be cips) awd accrwd inf~nsl sbsq b~+r iwhnst ~t 1~ p~r c~MVS
P~~ ~wti~ ps~, TM wwk~n awr ~xdors~n ~f this eeb fur1M~ waiv~ dt~na , natic~ of nay+rnMwt awd preNS1. K t6is wo» is wot paid at
mawriry awi eM s~w~ i~ plac~d with +e +Mern~r h~ coll~ctiea, Ih~ wHk~n and ~e n+n Mr~of ,y~.. ro P.r +It cosb ef cell~cliew. iecludiny all coYrt `'~~j.
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~ . _ - - - . ~5~~~ ~ :
~oberc. R. Anderson ~
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Attest: '
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and shall duly, prompqy and fully pertorm, discharge, execute, effect, completw, comply with and abide by each
and everv the stipulations, agreements, conditio:~s and covenants of said prom~saory note and ot this mortgage,
then this mortgage and the estate hereby created shall cesre and be nWl and vo~d.
It is understood that each of the «onls. "note," "mortgagof' and "mortgagee' respecti~~ely and the pron-
ouns referring tUereto, whether in the singular or plural anywhere In thla mortgage,,shall be aingular i[ one only
j and shall be plural joinily and severally, if more than one, and shall be mci.gculine, feminine and/or neuter, wher-
e~•er Lhe ~wntext so implies or admits.
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And ~aid Mortgagor for himself and his heirs, legal representatives, successors and assigns. hereby coven-
~ ants ana agrees to and with said 1ltortgagee, his legal representatives, sucecssors and assigns: _
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3 1. To pay all and singular the principal and intemst and the various and sundry sums of money payable bq
~ virtue of said promissory note. and thi~ mortgage, each and every, prompUy on ihe days res~ectively the sama
t aeverally become due.
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~ 2. To pay all and singular the taxes, assessments, levies, liabilities, obligations and incumbrances of every
nature and kind now on said described property, and!or that hereafter may be imposed, auffered, placed, levied
~ or assessed thereupon, and/or that hereafter may be levied or a~sessed upon this mortgage and: or Lhe indebted-
ness secored hereby, each and every, v~hen due and payable according to law, be[ore they become delinquent,
° and before any inierest attaches or any penalty is incurred; and in so far as any ihereof is ot record the same
~ . shall be prompUy satisfied and discharged of record and the on~inal official document (such as, for instance,
ihe tax receipt or the satisfaction paper offi:ially en~iorsed or certitiedl shall be placed in the hands of said
~ Mortgagee w~thin ten days next after payment; and in the event that any thereof is not so paid, satisfied and
Y discharged, said I?iortga~ee may at any time pay the s:?n?e or any part thereof K~thout wai~~ng or affecting
~ any option, lien, eq>>ity or right undcr or b}• ~'~riu~ of this mortgage, and the full amount ot each and every
* such payment shall be immediatety due and payablc and shall bear intemst from the date thereof until paid
~ at the rate ot ten per centurn per annum and t~~~eth~r with such interest shall be secured by the lien of this
mortgage.
~ 3. To place and continuausly ke~p on the bwldin~s now or hereafter eituate on said land fire and windstorm
~ insurance in the usual s[andard policy form, in a sum not less thrin S~~--~~XLI11t1271..-•--••----------------- in such com-
~ pant or compraics as may be appm~~ed by ca;~l :~Iortn~a~~~e: umi nll such insurance policies on any ol said build-
~ ings, any interest therein or part thereof, in the n~~n:g:ite sum atoresaid or in excess thereof, shall contain the
~ usual stanclard mnrt~agee clause makinR the ln. s ur.d~r s:~?d policies, each and every, payable to said Afortga-
~ gee as his interest ma~~ appear, and each ar.d e~•e-~• cu~•h pol~cy shall be promptly delivered to and he)d by said
l~tortgagee: and, not le~s than ten days in ad.•an~e of the expiration of each policy, to deliver to said biort~aRee
a renewal thereof, to~ether with a receipt f~r thP premium nt qnrh renewal; and there shall be no such insur-
ance placed on any o[ said buildinKs, any interest therein or part thereot, un2e~s in the form and with the loss
~ pavable as aforrsaid; and in the e~•Pnt any sum of money becomes payable under such poliey or policies said
Mortc;a~ee shall ha~•e the opli~~n to recei~•e and arply the same on account ot the indebtedness secured hereby or
^ to permit said ~tort~aRor to re~ei~•~ nnd nce it or any ~art thercot for other purposes without thereby waiving
or impairing any equity. lien or ri~ht under nr by ~•iriue of this mortgage; and in the event said Mortgagor shall
for ar.y reascn [ail to keep the said pr~mis~s so in~ur~d, or fail to deliver promptly any of said policies o!
- insurance to said :~tortgaRee, or fail promptlv to pay fi~lly any premium therefor, or in any respect fail to per-
= form, dischar~e, execute, eifect, complete, comply w-ith and abide by this co~~enant, or any part hereol, said riortg-
aReP may place and pa~ for such in=urance or any part thereof without v~aiving or affecting any option, liPn,
equity or ri~ht under or by virtue of this mort~age, and the full amoimt of each and every auch payment shall
''v be immediately due and payable xnd shall bear intPrest from the date thereof until paid at the rate of ten per
_ centum per annum tuid to~eiher ~vith such interest shall be secured by the lien ol thie mortga~e.
~ t 4. To permlt, commit or si~ffer no waste, impairment or deteHoration of sald property or any part thereof.
5. To pay all and ain~ular the costs, charRes and expenses, including reasonable lawyer'e fees and cost of
E^~L abstracts of title, tncurred or paid at any ttme by sald I?iortgagee because andior in the event ot the faflure
= on the part ot the seid MortgaKor to du)y, promptly and fully pertotrn, diecharge, ea~ecute, effect, complete.
comply with and abide by each and every the stipulation~, agreement~, c~ndiUon~ and covenanta of said promis-
aory note, and thi~ mortRage, any or eiiher, and said costs, charges and e~'!p1[se~, each end every, ahall be Im-
mediately due and payable, whether or not there be notice, demand, attempt to collect or suli pending: and the
full amount of each and every such payment ahall bear interest from the date thereot until paid at thP rate of
ten per centum per aru~um: and all satd costd, charqes snd expenees eo lncurnd or pald, together with auch in-
- terest, ehall be eecured by the lfen ot thla mortgage.
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BOOK 2~7 t'A6E ~~6
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