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HomeMy WebLinkAbout0068 ~ , ~ ; . : . . STUAR~~, Florida. . FOR VA RE EIV tF~~ndersio~p~_ _jQinilv-.~.~•a{ly, PROMISE TO PAY to the o~der oi. _ riAn~ic . - ~ . . . . , _ - ~ - DOLtARS et Jensen Beach, lo~~d~l. . . or su thsr place ~s tht ho1dK hereof may clesignate in writ~ togethe~ with interest from date at the rate of 10. . per centum ptr ~nnum on th~ unpaid balance until maturity. Th id principal a~d interest shall be due and le In 60 (sixty) eyual thly instalLnent $ (Dollars) including interest. ~ The lst payment shall be due (Drate) This note may be pre at any time wi. ut per~alty. ~ 1( dalsul~ b~ ^~+d~ fa 1~ d~rs ~n ps~.n~nf ol uW :n~1~Nrw~ o{ W~~c,p~l or ~nM~ a~nY P+r? rAenof. N+~ wAOI~ swe ~h~n r~nyi~,.y .,rpa~d w~~ti ~r.nre~r ,~a? ~t holdr'f op~~on beco Oce ~~a cwabl~ w1~Awrt eo~,c~. F~:iw~ ro e.acn~ s opr~on sbai~ ew~ ca~ ~•N • wavN ef tM riyht ro HMOf~ tM s~Te ~ eM ~wm el ~~bseo.+~ b:,~r. a~~~r ~w~rw~ey Eor1~ pmc~pal and ~ccrvea ~o~a„~ ~MU ~neerett a~ al~ pa c~nfwn pp ~nnum p~~d. TI~ 'na?~.s snd ~ndas~n o1 rR• • l„n~e. w~~w dan~nd. na~e~ of ~wn-O+r~*~*t ~nd waeu. s~ M:~ ~s ewt Wa ~f na~vr~?y ~nd ~M s~en~ a. O~Kb w~M a11 •~fO~My ~Of C0~1KhOn, 1 kNf ~~d MdOtN/~ Mrwf peN te pay ~11 CO~b O} CO~IKfipf~, .NClydq~p f tp~b afld /N~ONbI~ ~ft0111fy ~N~. ~f o~+y~po y.ne.+~ K po~d mae tAo~+ dort ohe~ due +nen. ~n oda~~~a, to soW poymen~. tne ~+oker sho~l poy o LATE RGf ol 546 ot tM pc/m~ni du1 w f5.00, rhKhc~e~ ~s 1ess. Th+ o~~s~on sfiol~ nof be consrrued ro moG~fy tAe defoult provn~ons here.r a tF+~ mt~r~st ffN d~~oulf. C ~J P Y SEAI) _ , l) : ti '.'~Y' }'0'1~~'Q".~'{'ti and shall duly, promptiy and fuUy perform, discharge, ex~cut~. ef[e~~t, completr, rc+mply wrth snd ~bide by eaet~ and e~erv the st~pulatroru, agreementx. cond?tiun~ and co~enants ut ARId prum,se~ry note and ot thi• mortgsp„ then thia mortgsge and the estate hereby cna[ed shall cease and be null ana ~•n~d. It ~a understood that each ot the words. "note," "mortRagor" a,nd mortRaRe~" re~pectlvely and the pron- ouns re[ernng thereto, whether m the aingvlsr or plural anywhere m[hl~ mortgage, sshall be a~n~ular It one oNy and ahall be p1unU jointly and aeverally, i[ mure tAan one, and ~hall Ae ~ne.9cul~ne, feminlne and/or neuter. wMt~ _ ever the context so impliea or adm~ts. And aald Mortgagor for himeelt and hi~ heira, legal representstitie~, aucce~aors and assieru. herepq oore~!- anb ane agrees to and vinth said btortgagee, hia legnl repreamtatlve+, succrssor~ and assi~: l. To pay all and singular the principal and intere~t and the,var?ous and iundry sum~ ot money p~y~bl~ b~ virtue ot said promissory note, u?d this mortgage, eacA snd every, promptly on the days cesp~ettvel~ th~ ~aaw aeverally become due. • 2. To pay all and ~inqular the caxe~, ~ves.~ments, le~iea, liabilittea, obti~ationa and incumbtancq ot ~ver~ _ - nature end kind now on ~aid descnbed proMrty, and ~r that Aerealter may be impoxd, euffered, pluced, ?evied or asseased thereupon, and. or Lhai hereetter myy br 1~•~~,~d or ass+•ssed upon this mortgaRe and: or the indebted- , nrss seeurni hereby, each end e~•en•, v~•hPn d+~~ ar,A {~~yable a~•~md~n~ to law; Delore they becorrts ddinqutnt„ and be[ore any mterest attaches or am penalty ,a necurr.•d: anJ ~n so tar a~ any thereot ~s ot reCOtd the satn~ shali be pr~mptly satisfied and d~schnr„ed ot recard and the onR~nal othclat document Uuch a~. tor Itutaac~. ihe tax receipt or the sati~facUon paper ofhcaa~ly en~l~rycd or rcrti[iPd~ ahwll bc placed ln the h~nds ot ~sld '.~IortRagee within len days next at:Pr ~aymrnt: and in the e~•ent that any thereof is not so pai~, utistied and ~ dlacharged, said 1?tortR~~ee may at any Ume pay the same or any part lhereot uithnut wai~Kng or affectirt~ ~ any opt~~n, lien, equity or nRht un~fer or b~• ~~irtuP of th:s m~rt~aRe, and the (utl nmount ot each and everY ~ such payment ahall bP immediatPly due and payabie and chail bear inter~st imm the date Lheteot until pald at the rate ot ten per c. niurn per annum r,nd t~~~eth~r v?~th such interest ~Aall be secured by the tim af Nb mortgage. ° 3. To place and continuously ke~p on the bu:ldin~a now or hereatter altuate on said land fire and wfndstoem insurance in the u~ual stanrlar~l ~n11~y tnrm, in n st:m nnt les+ thwn ~d by ~0~8 18W.._., fn such com- pany or comp-ni.,s as may b^ A~~~f~~~'r.i h~ ca;~l ~Irrr,;;~~.~e: am1 al1 4urh insurance pol~cie~ on any ot ~ald build- " fng~. any int~reat th~rein or pari thereof, in !hP n~crr~:~ie .um aforPaard or in exce~s thereof, shall contain t1?~ usual standard mnrt~aRee rlausc makin~ tl~e 1~~~~ u.-•!rr s:i~d ~+ol~rtes, ea~h and every, payable to said ~iort~a- gee a~ h~s interest may ap~+car, and ~ach ar.d r~•~: y s;F~ h p~~licy ahatl be pmmptly dPlivered to snd held by ~afa 7?Iort~agee; and, not less than ten da.•a m arf~•anre nf the •xpirat~nn of each policy, to deliver to a+~1d Mort~aRe~ a rene~val thercof, toaether vrtth a recei~t Inr tho rr~mmm nf t~~rh r~newRl: and th~re shall be no sueh insur- ance placed on an~ of 4aid bu~ldinR~, any intrre.t th~re~n or pnrt therewt, unleaa in the form and wlth the loN payable as aforesa~ci: and ~n the e~-~nt any sum of mr~ney DPCame~ payable under auch potlcq or ~ollcies said MortQaRer shal) ha~•e tAe opti~~n to rarei~e and apply the aam~ ~n account ot the Indebtedneal secured hereby or to Mrmit said ~tortcaRor to rP~ei~•~ nnd ~~ar et or any ~ari therro! for other pnr~+oses without thereby waivfn` or impairin~ am• pquity. Ilen or r.~hi under nr by csrtue of tl~is mortgaRe; arid in the e~ent said Mortgagor ahall for anr mas~~ [ait tn ke~p the s~i;! F:'"llliaDS sn in~nrrd, ~r fai! to dellver promptly any ot said policid of insurancP to said ~inrt~aAre, or hul promp!I~ to p~}• f~~lly v?p premium therefor, or ~n any respect tal) tt~ per- i form. d~ech~r~e, ex~. uie, etfe~t, comptri~, comply .~~tA and ah~de by thi~ eo~•enant, or any pa~i hereof, uid Mortg- a~e~ may plare and pav for such in~urnnce or ruiy part th~rPnt w~th~ut waiving or atfectinR any option, lien, equity or riRht under ~r by ~•~rtue uf th~s mart~aRe. ar.~l thc [u11 amount ot ea~h and every.~uch payment shaD ~ be fmmedlately du~ anA pa~•able nnd ahall bPar intPrPSt trom the dete therrot untll paid at the rate ot ten per centum per annum anA tnRether with .uch tntere~t ~ha31 be aecured by the Uen of th[i mortgaRe. ~ 4. To permlt, commit or ~~tfer no kaate_ im, airmcnt or deterioratlon ot sald property oL,eny part thenot. f b. To pay W end sinRuler the co~t~, char~es end expe~n~es, inNud~ng reasonable lawyet'~ teea and cwt ot aDstracta ot title. Incurred or paid at any ttme by aafd 1?t~rtgsRee becaux andior In the svent ot the fWur~ ~ on the part o[ the said MortRaRor to duly, promptly end fully peKorn~, dtscharge. eaecute, eftec~ complet~,, comply with and wbtde by each and ev~ry the sttpulation~, agreements, condiUon~ and covenanb ot eaid promlr ~ory note, and this mortRaRe, any or efther, Rnd ~afd cn~ts, charqes and experues. each and every, ih~ll b~ Im medfetely due and payable, whether or not there be notice, domand, attempt to collect or sult pendtng; and th~ fWl amount ot each and every sucA pavment shwll Dear intere.t irom ths data Nereot unW pa/d at the rite ot ter~ per centum per annum: and all safd coat~, cAarges and espenies w lncuned or paia topther w+fth ~uch !a- t teres~ ihW D~ ~ecure4 by Ne Ilen ot thls morcga6e. ~ ~ B4~K ~c~j~ PAGE l~ _ ._.g _..r - ~ ~~:4 _ -