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Home My WebLink About0802 ~ ~ ~rpp~p~ ~~ip~tJ~ that if aaid JFtort~a~or ~halJ paU icnto tl~e said .JKort,~a~ee the certctirt prnm,i88ory note, o~'~which the followin~ in tuo~ and fl~u~es ia a true copj/, to wit: ~ ~ZO,OOfl.04 , li~~t Pal~ H~aah, llorida., l~brp~ry 2, 1977. ` l?~ h~r~iAa!l.~r st~~N, ior v~id~ r~c~i~d, eh~ nn~ra~qn~d prosi~~d siaci , aqzN~ to pay ee tA~ ord~r ot lrwtM• !or th~ lt~ti~At ern~tit llan o! ' IiaiNp a ox!ltith~ IAO., th• au~ o! TMEIITY '!'NOQaAieD 1~ID ~t0/loo (3ZO,o0o.00) DOLLI~RB, ~?ith 1aLs~~t tbsr~o~ at th~ rat~ ot Nv+~A p~rc~at. ~p~r a~nn~? isan dat~ j intrss~st . papabi~ t~onthlY. Thi• not~ i~ payabl~ in ~aonthly pa~nLr o! Thrae Hnndred Kin~ty Sis ~a o~/ioo (~3li.07~~ Dolla~n, ths lis~t paywsnt to be wad~ on~ ieonth att~r tAe dat~ h~seot, wd a~lik~ sn~ thes~alt~r on th~ same dwY o! ~ach ~ueor~d- inq calendss ~aat.h until lnlly paid. Suoh pay~eat• ~hsll be lir~t applied to int~reat and re~aind~r to priacipal. Tbis nots i~ eeaursd by a seaond mortgaqe on rsal eatate. Thi~ notrs is payabla at 313 Datnza Stre~t, Nest Pal~ Beaah, ~lorida, or ~laaWher~ a~ directed in Mritinq. This not~ uay be prepaid in vhole, or in any part, at sny ti~e, vithoat ponalty. I! u~y installaent payaDle hss~aAd~r bs not paid vhan due, or within thi~cty days thsr~al~ss, tt?en at the option o! tha holder the antire unpaiQ - balaacs ot the nota shall lortbMitli ~aame due and payabls. ~he sak~r~ and andorsare o! this aota aqrae to vaiv~s deQand, notice ot non-psyment a~ad protest, end aqr~e ia th~ ownt this note i• p2aced in t.hs haads of an attornsy !or co2teation or the aaa~e ha• to be colleated by ~nit, to pay a reascu?~ble attornsy's ~sa ther~lor aDd all costs and charqss tos makinq snch aoll~vtio~. Detsrred intare~t pay~nents shall bear intarest lroA ~aatnrity at s~wn porcent. psr annnA, papable a~o~thiy. f ~KOLIA INVBSTMEI?T COMP~iP~ ~ (CORPORATE gt~ /s/ J. L. i~augh, Jz. SB~ s s rrs en ~?tte~t t /8/ R. T. Sien?on s es~ ~ry and sluttt perfor~n, comply.rvith an~i abide by each a~ad every the stiptclactions, a~ree- ments, condition.4 a~rd covenci~its of said >>romissory note and of this deed, then this deed and the estcate laereby created shacll ceccse and be null and aoul. ,~n~11 the said Jl~ortgcc~or hereby covenants ctnd agrees: , 1. To pay atl a-nr~ sin~cil~ctr the principal ~nd interest a»d oth.er srcros of ritoney payable by virtu,e of scrir~ prr~mis4oriJ ~aote and tltis c~eed, or eit/ier, promptly on tlte d,a,rjs respectiUely the same seaerallf come due. ~ w. To paJ ctlt and sin~i~lar the tures, assessnaents, levies, liabilities, obligations ~ and encu~nbracnces of every nature on said c~esc~zLed properhj each. and eUery, . and if ~ the sarrae be ~aot promptlJ p~rid the said r3lort~sa~see ma~ cct an~ time pay the same ; urithout waiving or ajj'eetin~ tlae optio~a to foreclose or an~ ri~ht Ireretc~i~pr, cc~ad every ' payment so made sliall Lear interest fro~n tlie d¢te tlcereof at ~tlie rate of Beven per ~ ~ cent. per annurra. - , t To pay atl and sin~rclar the costs, char~es and eapenses, inclt~.ding launJe~'s fees, rea.sonablJ incicrred or Jxiicl a-t a.ny tirne bJsaid .~iort~agee Lec~t«se of the fail.rere._ . o~a the nacrt of tlae said ~~lort~a~or to perform•, co~npl~ raith. a~a~l uLide bJ euclt. a~ad every the stipula#ions, conditions and covenccnls of saicl ~»°o~niss~rJ ~aoteand this deed, or either, vcnd every sacli payment sleacll bear interest fi•onz dafe ut tlee rate of $even against oss~by`~~' ~ta1°&~n 1 to the aid ba1an e of the mo t a d against loss by windstorm in a~~ equal to~~$ of the ~nsurable va~u~ ~~ie To keep the becildin~s norv or hereacfter o~a said land insure~il+ns propert~y in ac company or companies to be i approved hJ said .r~iortgagee, and tlie >>olicJ or polici,es lield bJ a~tc~ payable to said ~ .rlsort~agee, ancl in the euent n-n~ suna of moae~ becomes pccJable under srecli policy or ~ policies, the .1~fort~sagee 3hall lucve U~~ o~~t:.o~r to receive and apJ~lJ the same on accotcnt ~ of tlte indebtedness laereby sect~red or tv pernait the .,~furtga~or to ~eceii~e and r~se it, or anJ part thereof, for other prcrpo.ses, wit/io«L t/~rebJ tvacvi?t~ or inipaeiring aiaJ eqrcily li,en or right u~ader or bJ virtcce of this morfgnge! a~~d nray place and >>uJ for sucla insurnnce or anJ ~xirt thereof, without waivir~~s or aj~'ectin~ tlr.e option to fa•eclose or anJ ri~ht hereunc~er, and each and everJ sucJt ~~arJnten.t ~shall bear interest fron~. dacte a,t th,e rate of seven per cent. pcr annum. • f?i M 1 nna~