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Home My WebLink About0999 • ~ ~ . ^ _ . .t . . . . . . . . . . . . . . , :t . . ...::........t..... . . : ~ s 5r000.00 sTU~?nr. Florid~. ~~h . is . FOR VALUE AECEIVED, th~ und~ral9n~d. jolailr and s~~~rally. PROMISE TO PAY to !hs ord~r o!. . _ ~ Nalt~r S. _lCarala:uk and Lilliaa M. 1~vMalosuk~hit Mit~,. F~Ve T21OUB~lTId a11d IW~ZOO.•~••~~••~~~~~~~~~••~"~N~NN~.~..~~M~..~.~ DOLLAASI at ~02 Vail Btreet, . Hacketti~MD.~ .~~'1/ J~raep 0.7640 os such olh~r plu~ as 1h~ holdss :i~ hereoi maY d~signats i» wriliny. lop~ih~r wlth int~r~st lrom d~t~ ~t Zt1~ TII~~ O~ Q ~t c~ntu~u p~s annvm on ih~ unpaid : balaec~ until maturtty. Th~ :aid prircipal and inl~r~t! shsll b~ dus snd payabl~ a,/ ~0110~M6 2 :i: Th~ sntira principal amount toq~ther vitb intsx^~at at ths rat~ o! 'r i• por anaum ~hall b~ du~ and payabl~ on or b~~or~ t~ro? ysar~ ls~o= data h4syof. ~ ~ pr~payimat mada be mado in Nhole or part at any tims Mithout p~aalty. ~ ~ ~ I( def~ult be made (or ~0 d~r~ ie lh~ p~rmeat e( any installm~nt of principal or ~ntere+t or aey par~ ~berwl, tAe ~+hol~ ~us IL~n r~salalas i.. : unpaid vitb int~te~t sh~ll ~t `older's ootion pecome dw aad payabl~ without wetice. Failure to eYer~ise s4~6 oplion ~Aall not coa~titub • v~i~~? of th~ : rit6t ts exenis~ 1\e same in tb~ sveat ol •uAaequ~at delault. Atter malurilr Soth principal and acc~ued i~terest shall bear fnte~e~t at ~ ce*tum ~ per annum until paid. The mak~rs aad esdors~rs ot tAis note lurther raiv~ demand, wolic• oI non-payment ~ud prote~~ If tsi~ oet~i~ eot pa iA ~t maturilr and t6e aame is placed ~rith an attorn~r for ~ollecl{on, tse maker• •ad endo~s~r~ Aercot ~~ree to par all costs ol collectloo. IOCIYdJA( all court i;; cost• •nd re~~oaable attoraer fet~. =:Q JO~lI1 p'. TCiN1~C~C _ _ . . ...lSEIIL) z~ 'r.= L .(SE]ilL) r: ~ . . . _ - ' _ ...---.ISEALI r: . . . . . . . . ................................°E: .3ixE....~a.. and shall duly, pcomptly and fully perform, d~scharge, executP, et[ect, complet~. ~omply w~th and nbide by each and ever~ the stipuiations, agreements, condit~o:~s and covenants of sa~d prum~s~~~ry note and ot this mortgage. then thia mortgage and the estate hereby created shsll cease and be null and ~~o?~i. It ~s ~underatood that each of lhe ~vard9. "note." "mortgagor" tind "moRgagee" respectively and the pron- ouns referring thereto, whether in the sinqular or piural anywhere in thls mortgage, nhall be singular 3t one only and shall be piural jointly and severally, ii more than one, and sh:ill be ~nn.gculine, fem~nine and,'or neuter. wher- ever the context ao implies or admits. And said Mortgagor tor himself and his heirs, legal representati~es, succes9ors and assigns. hereby rnven- snis ana agree~ to and with said biortgagee, his legal reprrsentative9, successors and assigns: 1. To pay all and singular the principal and intereat and the various and ~undry sums of money paysble by virtue of ~aid prnmiseory note, and thia mortgage, each and every, prompUy on the days respecUvely the sams aeverally become due. 2. To pay all and singular the taxes, asses~ments, Ie~ies, liabil~ties, obli~ations and incumbrances oi e~ery F nature and kind now on said described property, and:'or that hereafter may be imposed, auffered, placed. levied or assessed thereupon, andlor that hereafter may ba l~vieci or asac~s.gc~i upon this mortgaqe and'or the indebted- ness secured hereby, each and every, when due and payable accorci~ng to law, be[ore they become delinquent, nnd before any interest attaches or any penaity iy incurred; and in ao far as any thereof is ot record the same shall be prumptly satisfied and discharged o[ recor~i and the onRinal oi[~cial docun~ent Isuch a~, tor instance, ihe tax reeeipt or the ssListaction paper officially en:iorved or certifieci~ shall be placed 1n the hands of said biortgagee a~thin ten days neat atter payment; and in the e~ent that any thereof is not so paid, satisfied and discharged, said 1liortgagee may at any time pay the s:in?e or anv part there~[ w-ithout wai~ing or a[fecting any optien. lien, equity or nght und~r or by ~-~rtu~ nf th~s mort~aRr, cu?d the full amount ot each and every such payment shall be immediately due arni E~ayabte and shali benr interest from the date thereot until paid at the rate of ten per cPnturn per annum and t~~~eth~r ~v~th such ~nterest shall be secured by the lien of thie mortgage. 3. To place and continuously ke~p on the bu~iciin;;s now or hereatter eituate on said land fire and windstorm inaurance in the usual standard puliey form, in a surn n~t less thsin S. in such cora- pany or comp^ n:~s as ma~ be appro~~rd by czz~l ~turt;;a~.•e: amf nll such insurance policies on ttny of said build- ings, any interest therein or part thereof, in the a~rr.•Fzte sum aforovaid or in excess thereof, ~hall contain the ~ usual standard mort~agee rlause makinl; the I~~~s ur.d~•r s:ud policies, each and every, payable to said rTortga- gee ac his interest may appear, ani each a.^.d e~•~: st,~-h pnllcy ahaU be promptly deli~~ered to and held by said I?fortgagee: and, not less than ten da~s in adt•an~e ~f the Pxpirat~nn of each policy, to deliver to sntd biortRagee ~ a rene~val thereof. to~ether «•ith a receipi tnr thP prPm)um ~f a~~~~h r~newal: and there ~hall be no such insur- ~ ance placed on an~ of ~aid buildir.Rs. any ~nterest th~rrin or part thereof, unlegs in the form and with the lass payable as atoresaid; and in the e~•Pnt any sur?~ of m~mey b~come~ payable under such policy or policies said ~ Mort~agee shail ha~•e the opti~~n to recei~•e and apply the game on account ot the indebtedne~ secured hereby or ~ to permit said MortRa~or to re~e)~e nnd use it or any pArt thereot for other pur~wses without thereby wai~~ing or impairing any equity, lien or ri~ht under or by ~•irtue of tliis mortgage; and in the event said MortgaKor shall ° for any relson [ait to keep the sa'sd premtiv~s s~ in~umd, or fail to deliver promptly any ot snid policies ot ~ insurance to said 111ortqaR~e, or faii promptly to p~~ fnlly ar?y premium therefor, or in any respect fail lo per- ~ form, diacharFe, exccuie, et(ect, complete, comply ~+~th and abiJe by this covenant, or any part hereoi, said Diortg- ageP may place and pay for si~ch inaurance or anv part there~f withnut waiving or atfecting any option, liPn. e equity or riRht under or by virtue of this mori~;a~e. and the full amount of each and every auch payment shaU be immediately due and pa~•able and shall bear intore~t trom the date thereot unt11 paid at the rate of ten per ~ centum per annum and together with such tnterest shall be aecured hy the l~en of thle mortge~e. s 4. To perrNt, commit or auffer no ~?•aste, ~mpairment or deterioration of sald property or any part thereot. s ~ 6. To pay sll and sinRviar the co~ts, cha: Re~ and expenaes, including reasonable lawyer'e teea and co~t o! ~ abatracta ot tiUe, Incurred or paid at any time by 9atd Mortga~ee because and/or in the event of the fallure ~ on the part o[ the said MortRaRor to duly, promptly and tuliy pertonn, dfecharge, ra[ecute, ettect, complete. ~ rnmply with and ablde by each and every the stfpulationa, agreements, condiUona and covenanta of ea~d promle- ~ wry note. nnd this mortRaRe, any or either, and 'R1d Ct/9~s, charges and expensea, each and every, shatl be Im- ~ mediately due and payable, whether or not there be not~ce, demand, attempt to collect or auft pending: and the iWl amount ot each and every auch pavment ahaU b•.ar intereat trom the date thereof until pald at the rate oi ten per centum per euu~um: and all eafd co~ta, charges ~nd expease~ ~o Incurrcd or paid, together with suc6 !n- terest~ sha11 be secured by the llen of thls mortgage. c r' ~ 265 PACE 9~