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~ S 3..OOQ._4~_ - • -~i - 19
~ FOR VAtUE RKEIVED, fh~ und~nipned, iointly and seve~ally, PROMISE TO PAY to th~ or~~r of -
~ _.JENSEN_.~~.P_~.H_~AI!IK.__~? Florida.baqking corporation• _ _ . _ •
.__Three Thousand and no/100---------------'- - .
. . _ _ ~DOtLARS ~
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at P. 4. ~Ox.-T,_ J.e~nFer.. Ae~ch. Flo_rida 33457 _ _ o~ such oth~r plac~ as th~ hold~r
henof rn~y d~s~~~+t~ in wrifiny to~~th~r with intenst from October 1~ 1976 _
at fIN ~aN of . B-1j4 p~r c~ntun~ p~r annum on the unpaid balanc~ until msfurity. Th~ said p?incipal and int~n:t shall
be du~ and payabls as follows:
~23.66 a month, the first payment being due 1 November, 197b, and continue for
; each niunth thereafter until paid. This aum of ~23.b6 paid cach month shall first
be credited to interest and the remainder to the principal of this obligation. This
~ note msy be prepaid at .any ti~e without penalty.
fa~ fN 3~ d~rs i~ tM p+y~w1 ef awy iwst~lt~ewt ei p?i~ciPa) er i~Nnsf e~ a~r p+el th~n~t, 1M wbob svs th~~ nw~aiwiw~
.a vwPai~ wiM iMu~N s1uN at A~liers ~ptaw Mcoww dv. .wd oa~~b1. ~ritAeW netic~. f~ilYn b~a~~ secA ePtiew +MN wet cewstihrN a waiw~ ef Ib~
.~yht N~=KCiw N» s~~ iw tlw ~~ewt ef s~~spwwt d~{a~h. Aft~r ~wNwih bo~h pri~cipal aw1 ~ccrwr iwbnst sA~q M+~ iwh~~st d rr cwhiw~ ~
p~~ pi~. TM w+k~n ~w~ ~wd~n~n ~1 d~is web I~AM~ wsiv d~~w+w+. wofit~ ~I wew-paywNwl ~wd pre~~st. H tlws weN i~ we~ pai~ M~ ~
istwily s~ ~e rla~~/ ~ritA ~w aHOrw~~ fe~ c~IMclien, tM wuk~n and ~wdonen M~+ei +yrN h pY ~II cosrs ei ~e1M~?i~w. iwcl~iM aH ewA ~ ~
~ cosb aw+ nawwaW~ atae~r i«s. _ R
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A~Sf~A~M. Tv~7-1~LER~
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t~ -!LG~>'L (SEwy ~ f
' -M~fRioN E." 1~?'~[I:LEF
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~?~'i~ifil~i~rSb?~i~i1~~i~~~~~s~~~~~~~~~~~~~~~~~~~i~~~~~~~~~~~~~~~~i~i
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and shalt duly, promptly and fuUy p~rtorm, d:scharoe, ex~c~siP, rffect, compl~tP, ~omply w~th and abtde bp each
and ever~ the stipu:auons, agreements. condit:on9 ar„i covrnan•_s u[ s:~id prom~s»ry note nnd ot ttua mortgage,
then tTu~ morigage and Lhe estate hereby crea'rd snsll ce~se an3 be null ana tioid.
It is tinderstood that each ot the worda. °rt~•te." "cnurtKago?" and "mort~ngee" respec4vely and the pron-
ouns re[erring thereto, wheihcr ~n the siny~~iiar or plural n:iywhere in Ch1s rnor:gage, shall be ~ingular 3[ one only
and ~hal! be plural joinUy anJ sevrr:.lty, if more tF~a:; on~, aa~i sh;tll Ae rne~gcutine, fem~nine and/or neuter~ wher-
e~'er the context ao implie~ or acimity.
Md said Mort~,agor fur h~mselt nnd his hei: legxt represeniatice~, succes~oro and as9fg:u~ hereDy ooven-
ants ana agrees Lo arsd w~th stid :~tortga~ee, h~s legal reprrsentatives, succe9sor~ and assignn:
~ 1. To pay sll and sin~lar tre prir.ciaal and ~s~teresi xnd the variou~ and sundry sum~ of money payable by
~ virtue of said promi~sory note, and L'~i9 ~:iort~age, ;~ch nnd every, promptly on the day~ respectiveiy the aame
~ ~everelly become due.
~ 2. To pay all and s~nRular the taxe~, asses-rnents, le~•ie9, liabilltie~, obti~ationa r?nd incumDrances of every
nature and kind noar on said described ~roperty, andinr !hat hereaf[er may be imposed, auffered, placed, levied
or assessed thereupon, andior that hereafter may br !rv:ed nr asses9ed upon this mortgage andlor the indebted-
ness secured hereby, eacA and every, w•hen due and ~•ayable ac~-urd~ng Lo law. be[o~e they become delinquent~
nnd betore any Interest attaches or any pendliy i:i i::curred; and in so far a~ any thereot is ot tecord tDe same
~ shall be promptly sat~sf:ed and dischar~ed of record xr.J the orRinal otficial decument (such as, for tnstance.
ihe tax receipt or the satEs:action paper off~c~a:ly en:?or3ed or crrtified) ~hall De piaced in tRe hands ot said
f ~tortgagee wiLhin ten day9 next Ttter pay^nent; :~nd in the event thai any thereot is not so paid. ~ed and
' discharged, said rtortgagee may at eny t~rcte pay the san~e or any part them~+t ttithout wai~'ing or aftecUng
any op:~un, lien, equi[y or r~~ht un~lrr or by~ ~~~rtu~ ~~t th~s mortgage, and the full amount o! eael~ a~ every ~
such payment shall bo immed~ately d~ie ar~d paylb'e and sh:all bear inleres[ trom the date thereot until paid ~
at the rate o[ ten per crr.•.,.ro per annum and t~.~g?;'~~r w~th such interc~t ahall be secured Dy ttfe lien of thia
mortgage.
3. To p:ace and cont~nuously kePp on the b~i~=chn~,:s now or hereafter altuale on +afd land ifre aad aaindstorm
lnsurance ~n the usual sLandard maximum ,~n ~uCh Com-
. policy Cnrm. in a s:nn r.nt 2es9 Lhan .
~ pany or cump' zi~~; 1s may b~r al~~ rc~~•r~1 by~ ~tort;;a~~ e; an~1 nll such insurance policiea on nny ot said build-
ings. any intPresl lherein or part thereof, in L`:A a;; ;r;~ :ce ~um afo?PSaid or in exce.ss thereof, ~hall coniain [he
usual s.an:!1~.1 mort;;age~ rla:i,e mak~nz thQ 1~~~:: ur~;;~r sioi policie~, e~ch and eYery, payable to said 1?Tortga.
~ gee as his ~n~Pr•-st may app~nr, an:i elch ar.~i e~-~.3 s.~. h pi~.cy shzll be promptly delivered to acd ~eld by aaid
~ 2.Iort~agee; a::d, not le,s than t~•n dars sn :c,~4':1;1~'P ~,t t!:e expiration o[ eacF, pollcy, to defive~ to swtd ~tortga~;ee
a rene~cal thcr~of. tos~ether «-:;h a rece:pi !~r ih: F,;~rr•:~:m ~.t xn~h r~newai: and thPre shail De no such insur-
ance placed on a: y o! ~:ti~i bu~I~!ir.~s, any :nr~•r~st U: rcin or ~art thereot, unlea~ in the form e?ad with the lo~
~ pa}•able as a."~~r~saul: and ~n the e~'Pr.t any s~~m of r.:nne: bec~me~ payab~e under snth pollCp oe ?wl~cie~ said
~ ;Snrtr:a~;Pe ~h:~ll ha~~e tha o, t~+~n t~ r~~^ei~~r rr.d :t,~;:'~; tt~e ~amr nn account ot the indebtedne» secuee~! hereby or
~ t~ pPr:nit s~i:~i 'dori,r,aFor tu rrrei~•o acd ~:~r it r:; rny p.~*[ tho_reot for other pur~x~ without thereby vrair4ng
~ or imp:iirin~ :.n~ e~tiit~-, l:en ~r rs~hL un~'rr ~~r bf ~'~rtue of thi9 mort~age: and in the e~•ent sa:d Jiorcga~or ~hal!
for ar.y n~:i;~.~ (.~:t tr, kr~p t`:e ~sid pr•~~~:~~~~ s~ in:~tr~~1, er fail to deltceT promptly 8ny Of said pOGCiq ot
~ msnrznce to s u~i `•t~~rc~z~;~•e. ~~r tail ~rorr.pt!}• t~ p1y t~~lly <+ny oremium therefor. or in any re~pec[ tatl to per-
~ forrn, ~!ia~harF••, ex~'iite, P!f?~•t. ~orrplrt~. ~omply ui;h nsd ab~•.ie by thi~ Covertant, o~ nny pwrt tteteo~ aaid Jtortg-
$ qzer niay pl~r~• nr.:t pav f~~r such ~~~urance ~r an~i pa: i[hereof w~thnut v~aiving or affectiag any option. lien, ~
~ ~quity or n~~:~t un:3~r nr b•r ti~rtue u' this tiu~rl~agr., .u:~l the full amount of each and every such pay-~nrnt shaII
be immPd~:?!cly duP an! pa~•able ar.d shall brar intorest f:om the date ihereot untU paid at the Tate o! tm per i
~ centum per xnn+~m and toKether wi!h auch interest s!:all be secured by the lien of Ws moKgaRe.
~ 4. To pcr:n}t, c~mmi[ ur suffer ro ~:~s_e, irnpairmrnt o! detertotation of ~ald property or as?r part UereoL
a
= 6. To pay aU nnd ain~ular the co9ts, chnrRe~ and exp~n~e~, 1r.cluding re~onsble law}rer's teea and cost o!
~ an9tracts o! title, Incurre~l or paid at any time by ~ald rtortgagee becaux atfd/o~ ln the e~etft o[ U.~ taituis
on the part ot the said ~?fortRnRor to duty, ~rompdy and (ttlly perLorm. dlxharge~ extcutq etlecL co~pleie~
~ comply ~ti~ith and abtde by each and every the sispuladon~, agreem!^.!~, condiUona dck. ~ovenants ot •ud prcnr~ls-
~ enry note, enA thi~ mortRa~e, any or etther, and ~ald co~ts, :•~Rrges and e~cpeos~. each and eversr, sha11 6t ita-
~ med~ately d~~e anA payable, whe~her oc not there be notice, demand, attempt to collect x~Wt peddfn~: and th~
~ fu:l nmouni of e~ch and everp sucb psyment ahatl Denr intereat from ths dats tAereot ~.u~Ul pald ai !be t~ste o[
~ ten p~r centum per annum: and all satd co+t~, charge~ and e~cpen~?ea w lncur:ed oe pald. togetlfee wrltR awca ta-
~ terrat, shW De aec+?ced D7? the tlen ot Ws mor.gage.
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