The URL can be used to link to this page

Home My WebLink About1724 ? i~r~i~i~i~r~i~i~ifi~i'QLL~i~i~i~i~i~?~iS?~i~+~i~r~iL~i~~~~~i~i~i~iL~i~i ~~i~~~~~i~~~~~i~~~~ i~~b~~ i~i~~~~~i~i~i~~~i ~~~~~~i~i~~~~~i~~~~ i~i~i~r~~~i~i~i~r~.~~~: i i~i~~~+~iL~i~i~i~i ; ~ ~ ~ 15 ~ . ~0 - - - - - - April 1,. t9 75 ~ ~ FOR VAtUE RECEIVED, the undeni ned, jointly and severally, PROMISE TO PAY to 1he or~er of . ~ ~ JUH~ -C ADA"15 ari~ DORU`1`HY F. ADA!~?S. his wif~ - - - - - _ R t and_ no cents+--~~-~~ DOItARS, ~ j Fifteen. .~housa~d__five hundrod do~lars . ~ ~ at F'•v • Box 61.~ Sebastiar., FlOrldl 3295~-_ . - - or such other place as the holder ~ ~ he~eof may designste in writing together with ioterest from . the above .date ~ ~ at the rate of 1C1- ro~ per centum per annum on the unpaid balance until matu~ity. The said principal and intere:t shall ~ ~ be due and payable as follows: ~ ~ 3 ~ E The entire amount of this note is due and payable on April 1. 1977• This note may be pre-paid without penalty. ; ~ : j~ : . ~ ' . . li d~f~uM b~ msd~ for 1~ dsys in f6• paymeet ol any iesulim~nf of priniip~l or inbreft or aey parl 1Mr~ef, th~ wlwb sum fh~n remainieo ti unpaid wifh inf~nst ahal! at hold~r's option b~co~n~ dv~ and psYabl~ w~~hou1 no~ic~. iailur~ to •a~rc~s~ :uc6 optieo shall eo1 con~titu~i a w ir~~ of th~ r~ght to ~Y~rtis~ NN same ie tM~ ~v~nt o! subseqwnl d~faull Alter ms~uriry both ptincipal ~nd attru~d inl~r~sf tl~all b~s~ inqr~st at 10 ~ per c~n~vm ~ par anwww until p~~d. TA~ nNk~n and ~ndon~n ef f6i o1~ turt6~r w+ive d~n+and, notic~ of non-p~ymenl +nd p~ol~st. If tl~is noN i• no1 paid sf matwitp +ud 1M ss~ in pl~c~d wi11~ an allom~y fo Il~d~ • nu4~rs and ~ndon~n 6~nef apre• lo p~y ~N cosf~ of collection, includinp +II co~rt ~ co~~s ~wd r~asoa~bt~ aMerw~r fN+. ~ . . : : ~ ~ ; • . G - ' li ; L~G (SEAL) ; Pr~ nt o ' a Coal Company, Inc. ; . Attest: - _ . . . _ - - (SEA ` C~ - ; ' , ~2.~ t.« . _1,~ -•~.U- - ` i- . . (SEA! ~ _ _ . ~ ` i~ifif~ti~i~i+i~i~i~i~?~c~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~i~.'i~i~~~i :~i~.~i~i~.~i7~i~i~i~r~i~i~i~•~. :~i~i i~.~i~~~i~?~i i~i~i i i~i~i~i i~~~.~i~iri~i~ and ahall duly, promptly and fully perform, di~charge, execut~, effect, completP, comply wfth and abide by each and every the stipulations, ngreementa, condltions and covenants ot said promissory note and ot this mortgage. then thia mortgage and the eatate hereby created shall cease and be null ana void. It i9 understood that each ot the wonis, "note." "mortgagor" and "mortgagee" respectlvely and the pron- ouns referring thereto. whether in the singular or plural anywhere ln thia mortgage. at?all be aingular f! one only , and ahall be plural jointly and aeverally. it more than one, and shsll be mesculine, feminine and/or neuter. wher- ever the oonteat ao implies or admits. - Md eald Mortgagor tor himeeli and hia heirs, legal representatives, aucces9ore and asalgne. hereby coven- ant~ ana agrees to and with said Mortgegee, hia legal representatives, succeswrs and assigna: 1. To pay all and aingular the principal and lntereat and the varioue and aundry aums o! money payable by virtue of aaid pmmiasory note~ and this mortgage, each and every. pron~?ptly on the daya respectively the same aeverally become due. 2. To pay all and eingular the Lsucea, assessments, leviea, ItaDilities, obligations and incumbrances of every nature and kind now on said described prnperly, and/or that hereafter may be imposed, auffered, placed. levied or assesaed thereupon, and/or that hereafter" may be levied or assessed upon this mortgage andlor Lhe indebted- ness secured hereby, each and every, when due and payable arcording to law, be[o~e they becoma delinquent„ i and before any interest attaches or any penalty is incurred; and .in so tar as any thereof ia of record the ~ame ~ shall be prompUy satisfied and discharged ot record and the original olticial document (auch as, tor Instance, ! ;he tax receipt or the satiafaction paper ofticially endorsed or certifiedl ahall be placed in the hands ot eaid ~ Mortgagee within ten days next atter payment; and In the event that any thereot is not so paid, astisfied and ~ discharged. said Mortgagee may at any time pay the same or any part thereot without waiving or attecting any option, lien, equity or right under or by virtue of this mortgage, and the full amount of each and every ~ auch payment shall be immediately due and payable and shall bear interest [rom the date thereot untll paid g at the rate ot ten per centum per annum and together wilh such interest shall be secured by the lien of thu ~ mortgage. ~ 8. To place and continuously keep on the bu~ldin~a now or hereafter eituate on said land flre and windstorm in~utance in the usual standard policy Corm, in a sum not less than =..._......N~A-- 1n auch com- pany or eomp^n:es as may be approved by said Mort~a~ce; anci all such insurance polieiea on any of said build- ings, any tnterest therein or part thereof, in the aR~re~ate aum atoresaid or in excess thereof, ahall contain ths usual standard mortRagee clause makinR the lu~s ur.d~r said policies, each and every, payable to said Mortgar gee as hia interest may appear, and each and e~~ery su~•h policy shall be promptly delivered to and held by esid ~ Mortgagee; and, not less than ten days in ad~•anoe of the expiratian of each policy, to deliver to said Mortgagee ~ a renewal thereof, toQether with a receipt f~r the prpmium nt 9~~rh renewal; and there ~hall be no such insur- ance placed on any ot said buildinRs, any interest therein or part thereof, unles~ in the form and with the lon~ payable as aforesaid; and in the e~•ent any aum of money becomea payable under such policy or policie~ said ~ MortRagee shaU have the option to recei~e and apply the same on account of the indebtedneas aecured hereby or ~ to permit eaid Mortga~or to receive and use it or any part thereof for other purpo~ without thereby waiving or impairing any equity, llen or riRht under or by virtue of this mortgage; and in the event said Mortgagor ahall for any reasoa [ail to keep the said premi~es so in9urrd, or fail to dellver promptly any ot aaid poiicies of ~ lnsurance to said DtortgaRee, or fail prompUy to pay tully any premium therefor, or in any reapect fali to per- ~ torm, discharge, execute, effect, complete, comply with and abide by thia covenant, or any part hereof, aaid Morig- agee may place and pay tor such insurance or any part thereof without walving or affecting any option, lien, equity or right under or by virtue of thia mortgage, and the full arpount of each and every such psyment ahaII ~ be lmmediately due and payable and ahall bear fnterest trom the date thereot unttl paid at tt~e rate ot ten per ' centum per annum xnd together wlth auch tnterest ahall be secured Dy the llen ot thls morigage. ~ ~ 4. To permit, commit or auffer no was+te, impairment or deterlorstlon oi aafA property or any part thenoi. ~ 6. To psq all and aingular the co~ts, chargea and expenses, including reasonable lawyer'e teea snd cost ot aDstracts of title, incurred or paid at any tlme by sald Mortgagee becauee and/or 1n the event of t1?e fallurs ~ oa the part ot the safd Mortgagor to duly. prompUy and fully perform. dlscharge. e~[ecute, ettect, complets, ? comply with and ablde by each and every the atlpulatlons, agreements, conditions and covenanta oi eaid promis- wry note, and thls mortRage, any or elther, and eaid coste, charges and expenses, each and every, shall be !m- mediately due and payable, whether or not theee be notice, demand, attempt to colkCt or auft pending; and ths full amount ot each and every such psyment shall bear fnterest Lrom the date tLsteot until paid at the rate o! ! ~ ten per centum per annum; and all sald caste, charge~ and expeases w lncurred or paid. Wgether with sucb !a- ~ terest, shall be ~ecured by the llea of tN~ morigage. y - ao~K238 PAGE1721 : ` L ~ F~~' , ~