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HomeMy WebLinkAbout0660 ! S 25.~~Q.~~ : asa~wt. Fb.~a.~~~ ~~.c 1e 76 i FOR VALUE f:ECE1VE0. tM wklersiqrwd, jointly ~od »wr~uy. PROMISE TO PAY to tM o~d~r of ~V. BIGCS, j :~s Trustce • ~ 11~T.MY-FI\~1: 11i0L1SMIl) ANU OU/100--------------------------------------- DOILARS, ~ s, __p__ O_ RoX 1 S1 n. }iol)c Sotutd FlOI'lda or wch otlw? plaq as tM holdN ~ he~sof may d~sign~t~ in writi~q. toy~tl~ with intnest from dat~ at tM nt~ ol r1ftC(,'n pM q~tum pK annu~n on tM unpaid bstanca until m~turity. Tne ss~a P.a~c~.~ a~a ~~i«.a ~,sn w au. a~ payaw~ in ful l sixty (60) days from the date of this note . It tl~taWt be made tor days In the p~yme~i ot s~y Installment ot p~Intlpal or Inl~rest or sny p~rt tMreof, ~he wAOI~ fum ~hen rem~lnlnq unp~id wltA fnterest Sh~ll at hOlde~'S opt~on betotM duO antl pay~pl! without nOllte. F~~Iw~ t0 exercite Such optlo~ sA~ll not tonst~tute ~ wafvar ol the i~gr~t to ~xertlse Ihe samo in lAe event o1 suUSepyent tlelault. Alter matwltY Doth prinCiPal a~d ~cpued I~terest shall Dear inte~esl at pe~ tentum per annum untll paid, 7he makers anA e~Aorse~s o1 t1?IS nole turlher waive Cemantl, notlts o1 ~on-payment and prOtest. 11 Ihis nots is not pald at ~atu~lty ana tAe same IS dated wlth an attorney, for co~ltttlon. th~ makers and ~~0orseti herepf ag~N to paY all COSts 01 Co1lOttio+~~ Intluding all Court Costs arW reasonaDl! sttomey /ees. ~-IIE _ CONS"TRL)CfION Cq~AANY, INC. (SEAI) ._1. £''nr B ' (SEAL) :.~-1yr~'';. Attest: •n:''!'~R! ~tC i r (SEAI) 'a~.n+*.... - - _ - snd ahall duly, p~omptly and fully pertorm, di~rharge, execute, eftect, complete, ~omply wtth and abide by each and e~•ery the st~pulation~, agreementa, conditao^s ar?d covenants of said promissory note and of this mortgags. then this mortgage and the estate hereby created sh:ill cease and be null ana voiA. It ,s understood that cach ot the words. ^note." "mortgagor' and "n~ortgagee" re~pectively and the Qroa- ouns rnfernng thereto, whether in the singular or plural anywhere in tt.ft mottgage, ahall be aingulu it one only and shail be plural jointly and severally, if mure than one, and shall be masculine, teminine and,~or neuter. wAer- ever the con:ext ao impl:es or admits. ; And ~ald Mortgagor for himself a~d hia he=r~, legal representatfve~, succe~ors and ~aigTU, hereby coven- t ants ana agree~ to and with aud Mortgagee, his legwl repre~entative~, successora and assigna: ! 1. To pay all and aingular the principa! and interr.t :-.3 the variou~ and sundry ~umi ot money pay~Dla br virtue o[ said promiswry note, and thii mortgage, each and every, promptly on ths_ daya reapsctively th~ wn~ se~erally become due. " 2. To pay all and singular the taxea, dssessmenta. leviea, liabii~tie~, obliRationa and lncumbrancei of every nature and kind now on sa;d desrnbed property, and `or that hereatter may be impaeed, suf[ered, placed, levied ~ or asses~ed therenpon, andior .hat hereafter m:i}• be Ir~•ied or asses~ed upon this mottgage and'or the indebted- j ness secured hereby, each and e~-ery, when due and payaDle according to law, before they become delinquent, ~ and before an~ intere9t attaches or any pens?:iy is ir.curred; and ~n sc `ar a~ any thereof is ot record the ~am~ i ahall be prumptly satisfied and discnar~,ed ot record and the onRinal o[[icial document •Iauch a~, Lor i~tstance, ~ the tau receipt or the satistaction paper offic~ally endor~ d or ceRified ~~hall be plsced !n the hands of aald ~ Mortgagee w~thin ten d~ys next atter payment; and in the e~•ent that any thereof is not ~o paid, sa*_istied and i discharged, aaid 2liartgagee msy at ar?y time pay the same or any part thereot v~-ithout v~aivfng or at[ecting ~ ~ any optien. lien, equity or r~Rht under or by ~•irtue ot this mortgage, and the full amount of each and every auch pa}•ment shail Ge immediately due and payab~e and shail bear interest irom the date thereot until paid ; ~ at the rate of ten per centurn per annum and toRether vrzth such interest shall be aecured by the lien of thi~ ` , mortgage. ~ 3. To place and conUnunusiy ke~p on the bu:ld~n~s now or hereafter eltuate on ~aid tand flre and windstorm t ~ . i inaurance ~n the u~ual standard poli~y t~rm, in a sum n~t less ihan s.~1.3~,~ . a.I1SUI"db~.~__.V1~U~.., in ~uch com- ; pany or compr ~iea as may be approved by sa~d 1~ort~a~ee; and all such insurance policies on any of said Duild- ~ ~ inga, any interest therein or part thereof, in the a~~re~ate sum atorpsaid or in excess thereot, ~hall contain the F ~ usual 5iAI1dRPd mnrtQager clat~se makin~ the los9 ur.der sald policie~, each and every, payaDle to said 1?iortga- ; gee as ~his lnterest may appear, and each er.d el•er~• s±u~h policy shall be promptly deli~ered to and held by said Niortgagee; and, r_^t less than ten days in adti~an~e oi the expiration of each policy, to deliver to said MortgaRee ~ a renewal thcreot. toRether with a receipt fnr the premium of aurh renewal: and there shnll be no such insur- ~ ance ptaced on any ot ~aid buildinRs, any intere~t therein or part thereof, unles~ in the form and with the Iosi ~ payable as atoresaid; and in the e~•ent any aum ol mnne} become~ payable under ~uch pollcy or policie~ said ~ MortRaAee shall ha~•e the opti~n to recei~•e and a~ply th.e same on account ot the indebtednes~ secured hereby or c to ~rmit said Afort~aRor to recef~•e and uaP it or any pnrt thereot for other purpose~ vvithout thereby wa~ving or impairing anr equity. lien or r~ht under or by ~•irtue of thi~ mortgage; and in the event said Mortgagor ahall = for ars}• renso~ fa~l to kPPp the said pr~~mi~cs so in~ur~d, or !sil to dellver promptly an~ o[ said poltcie~ o! ; insurance to said ~LortgaRee, or fnil promptly to pay fully any premium therefor, or in any reapect tall to per- ; form. discharRe, execute, etfect, complete, comply w~th and ab"sde Dy this coeenant, or any part hereof, aaid 1liortg- ~ sgeP may place and pay for au~h in~urance or any part thereof without waiving or affectlng any option, lien, k equity or right under or b> .•irtue of thia mortgege. and the full amount of each and every such payment ~haII ~ be lmmedintely due and payable and shall bear intPrest [rom the date thereot until paid at the rate of ten per - centum per annum and together wfth ~uch lnterest shall be secured by the lien of thL mortgage. i ~ ' 4. To permlt, commit or suf[er no ~•a~te, tmpairment or deterforation o! said pmperty or anq part thcreof. ~ ` 6. To pay all and afnRular the costs, charqe~ and expenxa, lncluding nadonable lav~ye~~ feea snd cwt ot ~ abatracta ot tiqe, lncurred or paid at any ttme by aafd ]?tortgsgee because snd/or in the event ot the fallutr ~ on the part ot the said Mortgagor to duly, promptly enA lully perform, dlscharge, euecute, effect, compleb. ~ comply wlth snd ablde by each and every the attpulatlons, agreemenU, condiUons ~nd covenanb ot ssid promL= ~ wry note, and Ws mortgage, any or elther, and safd costs, charges aad e~cpauea, euh and every, ~hall bs itn- ~ mediately due and payaDle, whether or not there be notice, demand, attempt to colkct or suft pending• and th~ ~ full amount of each and every ~uch psvment ahall bear interest from ths date thsteot untll pald at the nte o! ~ ten per centum per annum: and all safd coaL. cAarge~ and u[pen~e~ ~o lncurrad or palQ, to~ether wfth suctf fn- terei~ shW bs ~ecured t+y ths Hen oi thli mortga`s. ~ ~ - ~ ' i ~ - , ~ ~ ~ FAGE ~ # ~ ~ = ~~:R . . _ . _ . _ _ . . .