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HomeMy WebLinkAbout2740 ~ ; ~rI1U1~p1~ ~111UM1~~. ll~at i.f sni~l .Atort~s'a~or shall pay ctitto th~• scri~l ,:'llort~ag~e tke certain ~urunti~su~y nutE~, u/'t~~/riclr t/ie ji~llu~rii~~ iit ivurcls and ji~srerc~s fa u true cu~iJ, t~~ wit: ' 1 ~ } ~ ~ t ! ' - . ~ - _ - - _ _ ' - ' ~ ' _ - ~ _ ~ ~ 16,200.00 ~ s Fott Pierqe. Florida, APZ'i1 2S ~q 75 j For value received, I, we or eithe~ of us, romise b pay, without defalcation, to the order of ~ Rusaell Bloomfield and Iris F. at ~ZO9-Paiwetto Averiue { 8100 ~ in Fo?t ' ~ierce, Florida, the sum of Sixtaen T'housand '1`to Hwldr~ed and no/100 ~~~RS ~ , with interest f~om date at the rate ot 6 96 per annum, in ~1~1Y instalments as followt, ~ 179. ~7 an t~ 20th day of ~`~'y , 1975 and a like sum i on the oor~esponding day of each like succeeding pe~iod thereafter unti) the whole ~ fully paid. ~ Each irest~imant fint sh~it b~ ~ppii~d in p~ym~nt of ths intaest ~nd tl»n on th~ unpaid bal+rwe of tM princip~t wm. If defauh h m~d~ in the p~ymMt of ~ny insqim~nt wMn dw, t1»n at tFr option of th~ hokl~?, and witho~rt a~y otha nwia. ~11 ths ~emainieg ieat~6asnb i ahail b~ dw and p~yabb a1 ona. Priviby~ is 9ivtn to psy two or mw~ insqlm~ms at any irots6n~nt ~+utu?i~y date, but this shsll nor ~x- ~ tad the tinw of mwity of anY wbs~4ueM i~ntalmeet. NeitM+ fabea?+nce. ~or aa~ptano~ bp tM l~oW~~ heroof aft~r aoy defwh h any WY~~ hw~a?. shall b~ dMmsd ~xtemion. - Each enalw, wrefy and ~ndoner INreof, joinNy and ~waaliy. waives dertiand, Pnsentment prohst and notios of protpt for ° msn?. and'i~wtlwr atjr~q to any ext~ruton of time of payment, eNMr b~foro w sRer m~haily. withovt notke fo ~~r of usJ and to p~iy ap i oosta of odMction. ir~Tudkp ~ raoeabt~ ~nwnsy's fie ie the avem of any d~fwit hereunder, and Fw~by ~wraity waires dl bsnefit of } homestsad and ex tM aonsti ion aed laws of State U ited at t w reewwal hereof.~Y~~@Cj@ o'~ prepaymen~ G1~~1~11~ j~I!'~Yt'$'~~'~~~@°~'."~' ext«a~o~ _ 'M'~°" h'nd ~"d °F °'d' p"'". s/Jeffery R. Goodman ~ ~(SEAI.) slArlene F. Goodman _~U ~ ~ i , , ; # ~ ~ ~ ancl shall perjo~n~., eo»rp1J u~ith ~rnd aliicle bJ e~eh and ei~ery the stipulations, d~reements, conditions acnd covenccnts of said pro~nissory note and of this deed, then this deed and tlce estate herebJ creQted sh,acll cease and be nult and void. t~tli~1 the said Jliortgagor liereby covenants and agrees: .1. To pay ~ll ancl sin~rilar thP pri»cipal an~l intPrPSt and nth~r suins ~~j money P~JQhIe hJ i~irtue nj saiJ pmmiss~,rJ notc~ ~rn~l tlri.r cle~d, or eit.her, pr~~mpt1J ~,n th.e claJs respectir,~el~ th.e. sa»ae severallJ co»ae ~l~ce. ~ ; ~ ; Ti~ pat~ all a~ul sin6ular the tax~s, assessm~rnts, let~i~s, liahilitiE~s, ~?bli6at.ionc 3 ~ ~in.d e~acurrthrci~aees oj cverJ ~a~ture on. sai~l d~sc~ribed propPrty earh Qn-d et~~rg, and ~ ! if the sQm,e be not promptly pQid the said .Mort~a~ee may at anJ time pay the same " ~ without reaiuin~ or Q~ecting the option to foreclose or anJ right hereufader, and every ~ ' payrne~at so ~rtade shalt bear interest from the date thereof at the rate of ~ ~ per cent. per ctinnum. ~ ~ ; i ~ ~'o pay all and sin~ular the enst.s, ehar7~s a»~l expenses. i~i~ltuii~a~ IauJer's i ~ fees, reasona,bly incurred or pctid at any time by said Jllortga-~ee becczuse of tlze failure ~ 4 on t,lie part of the said .Mort~agor to perform, complJ u~i.th. a~id abide bJ each a~ad ` : everrJ the stipulations, agreements, condi•tions and covenants of~ sai~ promi.ssory note ~ ~ and this deed, or either, and every such payment shall bear interesE from dctte at the ~ rate of s ix per cent. per ctnnum. i ~ To keep the br~ildin.~ noiu nr hereajter ~n s~iicl Icnrd i~isr~red i~t a sum not i less tjucn full insurable value Dollurs, in a company ~~r ~•~,~ripa~iies to ~ ~ be approved bJ ~cdid ,Jbiortga~see, antl ~he policy or policies held by and pQycable to said .~lort~'a~see, and ira tlie event any sum of mon~~ becomes ~iaJable under such• policy or ~ policies, the .NlorEga~ee sluall have the option to receive dnd upply tlie same on account b { of the indebtedness hereby secured or to permit the .1~lortga~or to receive and use it, or ~ ti any pctrt thereof, for other purposes, wi`,hocct thereby u~aivin~ or inr pairin~ an J equity ; lien or ri~ht under or by virtue of this mort~'a~se, and ~nay place and pcry for such ( ~ : insurance or any part thereof, without uaivin~ or affecting the optio~a to foreclose or ~ any ri~ht Ir.ereunder, and each and every such payment shall bectr interest froin date " 3 ctt the rate of six per cent. per annum. ~ ~ s aURK 2~~ PAGE2734 ~ ~ ~ ~ - ~ < : ~ ~ ~ Y~ ~ ~ ~ ~ ~ - ~