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HomeMy WebLinkAbout0175 r • II~II i~~~.•~~~•.~~~.. • . . ~3?Sr~J4~iL~1!i .4 ~~I • I~.4 . . . . . . . • • . . . . : . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . v~ S 23r00D..00 Apri 1 I 3 77 : FOR VALUE RECEIVED, th~ und~r:iqned, jaintly and severaily, PROMISE TO pAY to ~he o~~e? of ~ Char.les F.. Tr.umbull and Ruth N. Trumbull, his wife P ; 'rwenty._ Thr~~. _ThQUSand and .no/100---------------------- ~OttARS. \ .4~333 ..~_~4y~._~ne___Qrive, _Jensen Beaeh, Florida-,33457- o. such ahsr I~ce u 1h~ hold~r ~ h~r~of mar ebsi nat~ ~ie writin ~t r witl~ int~nst froin . _ at th~ ~aM of _4~_------------- c~ntum p~? ~nnum on th~ unpsid bal~nce until matu?ity. Th~ said principal and ime?~st shall be dw and parsbl• as ws: $291. 36 per month, the first payment being due one month from date hereof, a o continue each month thereafter u~til fully ; paid, for a ten ar ter . his sum of 5291.36 paid each month, shall ; fist be credited to int e and t ainder to the principal of this ; obligation. This note may be prepaid at any t' e maker desires without penalty. , : M d~favM b~ s~ fM 15- ~aps iw tl» ~rwwit ~wr iwstaM~w! ~f 1 w iwNrM « ~wy p~e~ N~~eNf. 1M wbeM avw tlww ?aw~iwiw~ ` unpur with iahhu slwll N 1»li~'s NN~w Ne«w~ ~w ad praM~ ~rifA~M nMie~. N~xNdN srsw ~i~w ~aN we~ sewstie~rf~ a~niwr ~f ~M ; riyht h.=.rcL. +M. sa.» i~ Ih. .ww1 ~i .rM.,~»M ~fn,M. A~+.. ~..w.+1~r .riwtipal ~wa « .I~.M b.. iM...s~ s~ 10 M~ eM~ww • per aww~w wNt pid. ih~ rk~es sw~ ~wM?~es ~1 ~w ~ IwtA~e ~raiw wNic~ ~ N+hst. N 1fii~ wN~ i~ wN p+i~ N ` inswrih? ~wJ IM s~ is ~I~c~ wiM ~w Na~w~y hr s~lMs~i~w. N» ~wsk~n aw~ ~ N~r sM hs~s r1 c~IMc~iew, iwcl~~ ~M ew~1 ~ , costs an~ eusM~rM aN~n~1 `r- ` Y~.'"°""~ ~ . ~ ` . . ` " ti . : ~ ~ 1l . p ~t ~ ~ . (SEAI) ~ . ~ Tiert- B: ~iicks_ . _ _ . . - : ' I~L~fi~J~' t : Attest: (SEAL) ~ Grace C. Hicks 1 : . ~ . (SEAt) - - - - - - : .~,~.•.~.•..~.•.o•.•. . : : : : : . . , : . . and shall duly. promptly and fully pertorm, discharge, execute, eftect, complete, comply wlth and abide by each and everv the stipulations, agrcementa, condition~ and covenants o[ sx~d prom~ssory note and ot this mortgage, then this mo~tgage and the estate hereby crested shall cease and De nWl antl void. It ia underatood that each of the words. "note," "mortgagoY' and "mortgages" respectlvely and the pron- ouns re[ernng thereto. whether in the singular or plural anywhere in thls mortgage. ahall be singular lt one only and ~hall be plural jointly end ~everally, if more than one, and ahall be maiculine, teminine andlor neuter. wher- ever the ooniext so implies or admits. And said Mortgsgor for hlmselt and hia hcirs, legal representaUvea. aucceawrs end aaslg~u, hereDy covea- anta a~w agree~ to and with aaid lr[ortgsgee. his legal represenca4vea, succeaeors and wlgns: 1. To pay W and aingular the principal and lntenst and the variow and sundry aums ot money paysble br virtue ot sald pmmissory aote. and thii mortgage. each and every. prompUy on the days re~pect3vely We sanu ; severaUy become due. ~ 2. To pay all aad singul~r the t~utea, assessments. levies, liabilities obligstions and incumbrances ot every nsture and kind now on said d~acribed pmperty, and/or that hereafter may be imposed, suffered. placcd. levied or assesaed thenupon, and/or that hereatter may be levied or assessed upon this rriortgage and/or the indebted- ness secured hereby. each and every, when due and payable according to Isw, betore they become delinquent, and before any interest attaches or any penulty is incurred; and in so far as any thereof is oi mord the sam~ shall be prumpUy satisfied and discharged o! record and the otiginal official document (such as, tor inataace. • :.he tax receipt or the satiafaction paper ofticially endoraed or cerlified) ahall be placed in the hands of said Mortgagee within ten daya next atter payment; and in the event that any thereot ia not so paid. satisfied and discharged, aaid Mortgagee may at any time pay the same or any part thereot without waiving or atfectin~ ~ any option, tien, equity or right under or by virtue of th~s mortgage, and the full amount ot each and every such payment shall be immediately due and payable and shall bear interest trom the date thereot unUl paid at the rate ot ten per centum per annum and together wilh such interest ahall be secured by the lien oi thiu mortgage. a. To place and continuously keep on the bu~ldin~a now or heceafter situate on aald land tlre Nd wtndstorm insurance in the u.Qual standard ~?olicy form, in a sum not les~ than M~X~~•~---•- 1n auch com- pany or comp^n3es as may be approved by said Mort~a~ce: an~1 all such insurance policiea on any of safd build- ing~, any intere~t therein or part thereot, in the a~~regate aum a[oresaid or [n exceas thereof, shall contain the usual atandard mortAagee clause makinR the l~~~s ur.drr said policiea, each and every, payable to aaid Mortga- gee as hia interest may appear, and each and e~•pry su~•h policy shalt be promptly deli~ered to and held by said Mortgagee; and, not less than ten davs in ad~~an~e of the exp~ralion of each policy, to deliver to aatd Mortgagee a renewal thereof, toRether v~ith a receipt tor thr pr~mium ot rnrh r~newal; and there ahsll be no euch insur- ance placed on any of said buildinRa, any internat therein or part thereot. unlesa in the form and with the los~ payable as atoresaid; and in the e~ent wny sum of money becomes payable under such polfcy or policiea said MortRagee shal! have the option to receive and apply the same on account ot the indebtedness secured hercby or to permft aaid MortRagor to receive and uae it or any pnrt thereot for other purposes without thereby a?aivina or impairing any equity, lien or riRht under or by virtue of thin mortgage: and in the event eaid Mortgsgor shall ~ for any reaso~ tail to keep the said premi~es ao insumd, or fail to dellver prompUy any of sald policip o! insurance to said 1?tortgagee, or tatl ptomptly to pay tally any premium therefor, or in any reapect fail to per- ~ form, diacharge, execute, eftect, rnmplete, comply with and abide by this covenant, or any part hereof. said Mortg- ' sgee mey place and pay for auch in~urance or eny part thenof without waiving or aifecUng any option, lien. equity or right under or by virtue of this mortgage, and the fup amount of eacli and every such payment ahaU = be lmmediately due and payable and ahaU bear int•rest from the date thereot untq paid at the rate ot ten per ' centum per annum and tOBether with such interest shall be securtd by the lien o! thb mortgage. 4. To permlt, commit or aufter no waste, lmpairment or detertoratlon ot said propsrty or any Qsrt t]ur~ot 6. To psy W and singulu tAe costs. charges snd expenses. fncluding na~onable lawyer'~ teea and co~t ot . aDstcacb of tfUe, inenrred or pald at aay ttme by safd Mortgaaee because and/or tn the event ot the fdlurs f on the part of tha satd Mortgagor co a~~y, promptly and Nlly perfornn. dt~chuge. esecute, etfect, comPleter ' comply with and ablde by each and every the stlpulaUoru, a6reements, conditlons and oovenanb ot said pmmii- wry note, and Ws mortgage, any or efther. and satd costs. chargea wd exPen~es. each and EVEI'y. ihall bs tm- mediately due and paysble. ahether or not there be notice. demand. ~ttempt to collect or ault pendtnB' and tha full emount of each aud every auch payment ~hall beu fat~reat trom tM d~t~ t,bst~eo! unt11 ~a1d ~t tbe sate ot tsn p~r centwn per anaum: and all ~afd co~ti. charge~ sad ~sPeaw ~o lacurnd os pat~ tont~r wltb wch 1n- terat, ~1W1 b~ ~ecvrcd by tb~ U~n o! tlits mortga~e. BooK 4~8 P~r,E 438 j ~~~x ~67 ~E i75 ~