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Home My WebLink About0414 ~ O0~~O6L -•~'i~i'O~+i~~i6~i~i~i44?Si~i~i~iS?~?~i~rAS+~i~i~i'~'~~i~i~i~~~i~ili4~i~s'- ~~i~+iEi4'lr~4~~' ~...2?_,387._..II~O~._..__~ -~~-------12----------. ~9._2_7__. . FOR WU.UE RECEIVED th~ uedKSi ned, (dntl~? snd s~venlly, PROMISE TO PAY to th~ order of____.---._.-_---------- ~ W. B~TI~1 TON R~AL ES~A~E _AI~?D II~SLRA.~TCE,---INC.^._---...___.__------~ _~JEN~'Y`SEVEN THOUSAI~D T4REE__HUNDRED__EIGHTY~SEVEN A?~'D~NOI100---~---~--_pp~~, - - ~,t P LO. BOX 1~75,,._JENSEN ^BEACH~_ FL_. 33457 o~ wch whK plac~ as th~ holdK ~ h~hof mar~ nat~ ie w~itinq to~~the~ with intehst from 1!'~?_RCH _ 1_2_~. _ 19~ at tiN rat~ of J LX __.r.__ pK t~ntum pe~ annum on the unpaid balance unti! maturit~?. Th~ ssid principal and int~nst shsll be du~ and psyabl~ as follows: INTEREST AT THE RATE OF SIX PER CENT ($136.93 PER MONTH) ONLY, UNTIL : FIRST MORTGAGE IS PAID IN FULL; THAN PAYABLE AT $336.00 PER MONTH PRINCIPAL AND INTEREST AT THE RATE OF SIX PER CENT PER ANNUM UNTZL PAID IN FULL~ ; PREPAYMENT MAY BE MADE IN PART OR IN FL'LL WITHOUT PENALTY. i; ~ , 1 Ii ~iMdf b~ iwa~ IM .30--. daps M~M py.«~~ ef •wr iastallwwl 0/ priweipsl w in~s? w~n~ parr eMrwf, IM wlwb s~~w tMw r~wuiwi~t • p~i~ wiN~ Mhnst ~baN N 1wl~ls ~pfion ?~c~ dw an. payabb w;IheW ~o!~c~. Fail~n te ~x~~aw anch ep~iow a' .11 not sowstitW~ w~iw? ei 1h~ aiyhe N~:KC~w fM aaw~ u fM ~~~M ef s~bs~qu~wt d~fauh. AFe~? ~waw.~ry boM pr~we~pal ~nd accrwd inN?~s~ sl~alt b~~r iwhnst ~t 7 . p~r ewww~ ~ p~r anww~ wlil P~id. TM wuk~n +nd ~wde~s~n of tMis noq fuKhK waiv~ dem~wd, nofic~ of eaMpsr~wN+t and pro~~st. K this wet~ is not paid a1 ~ ,e~~w;hr awd 11N saw» is plac~d w~A an anorw~r fe~ colkct:ow, fiN ~w+k~n and ~nders~n Mnef ~yn~ 1o P,r ~II cosb of colbctiow, i~clvdiwo all cew* ~ cosla awJ nate~~bb aNetw~r iNS. ~ ~ s 4 ~ f~ ti ti ti ' -"I:AVAU "-TIL~O ; --A-S-~~TR~ S1'EE~- - - (s~) ~ k - - - ------(SEA~) ti Attesf: - ~ . - - ~ (SLAL) ~ . - ~fi~~1~1~~ i~4~~~I~~~l~iji~~I~l~?~l-~1~l~~-~~~~i~1~i~l~1~1`~~jI~1~11~~T~N~~?~~~~ and shall duly, promptly and tully perform, d~acharge, execute, eftect, complet~, comply wlth and abide by each and e.•erv the stipula[ions. agreementa, condition~ end covertants ot stud prom~ssory note and of this mortgage. then this mortgage and the estate hereby created shall ceaae and De nuU ana void. ~ It understood that etch of the wonfs. "aote," "mortgagor" and "moRgages" respectively and the pmn- ouns refernng thereto. wheWer in the singulsr or plural anywhere !n thla mortgage, ahall be eingttlar ff one oNy and ahall be plural joiatly and ~everally, if more than one, and ahall be maaculine, feminine and/or neuter. wher• • ever the conteXt so impliea or admits. And sald Mortgagor tor himael! and his heirs, legsl repreaentadves, successors and assigas, herebq ooven- ants ana agree~. to and with said Mortgagee; hIs legal representativea, succes'ore and as~igne: 1. To pay W sad siagular the principal and lnterest and tht vuious and sundry sums ot money payable by Wrtue ot said pmmia~ory note. and thii mortgage, euh and every. pmmptly on the days respectively the sam~ ~ eeveraAy become due. ` 2. To pay all and singular the txxes, aaseasments, leviea, liaDflities, oDligatione and incumbrances of every ~ nature and kind now on ssid deaeribed property, and/or that hereatter may be imposed, suffered. placed, levied i _ or asaesaed thereupon, and/or that hereatter may be levied or asses~ed upon this mortgaqe and/or the indebted- ~ ness ~ecured hereby, each aad every, when due and payable according to law, before they become delinquent, and betore any interest attaches or any penxlty is mcurred: and en so far a~ any thereof i~ ot record the same ~ shall be prumpUy satisfied and discharged ot record nnd the oriRinal ofhcial document (auch as, tor instance. ~ ;he tax receipt or the satiafaction paper ofticially endorsed or certifiMl ahall be placed !n the handa oi said Mortgagee within ten days next after payment; and in the event that any thereot is not eo paid, satisfied and ~ discharged, eaid Mortgagee may at any time pay the aan?e or any part lhereot without waiving or attecting ~ any option, lien, equity or right under or by ~•irtue of thls mortgage, and the full amount of each and every such payment shall be immedistely due and pnyabte and shall bear interest from the date thereot until paid at the rate oi ten per centum per annum and together with such intereat ahall be aecured by the lien oi thia mortgage. S. To place and continuously ke~p on the bwldinRa now or hereafter sftuate on said land fln and windstorm lnsurance in the u.QUal standard policy form, in a sum not les~ than i-~~~`-~--~1•-~Q---------•-••----••-•• in auch com- pany or comp^nies as may be sppro~ed by aaid biort~o~ce: und nll such insurance policiea on any ot said build+ ings, any int~rrat therein or part thereot, in the a~~re~ate sum atorraald or ln excess thereof, shsll contain ths usual standard mort~agee clause makin~ lhe I~~::s ur:~ier sa~d pol~cie~, each and every, payable to seid Mortgs~- gee as his interest may appear, and each and e~•er~ su~•h ~licy ~hall be promptly delivered to and held by said ]?[ortgagee: and, noi tess than ten days in ad~~an~e of the expiration of each pollcy, to deliver to sald Mortgages a rene~val thereot, to~ether w~th a receipt tnr thP prrmium ~f wnrh r~newsl: and thrre ahall be no auch in~ur- ance placed on any ot said buildinRa, any intereat therein or part thereot, unles~ in the form and with the losa payable as atoresaid; and in the e~ent any sum of money becomes peyable under euch pollcy or policies aaid MortRaqee ahall have the optian to receive and apply the same on account ot the indebtedness secured henby or to permit said 111ortRagor to receive and u.e tt or any part thereot for other purposes without thereby waivfrts ; or impairing any equity. Uen or riRht under or by virtue oi this mortgage: and in the event ~std Mortgagor shall ~ for any reason [ail to keep the said premiees ao in.4urnd, or tail to deliver prompily sny of sald policies o! lnsurance to said biortga~Cee, ot fajl prnmpUy to p~y tnlly any premium therefor, or in any respect faU lo per- form, diacharge, execute, ettect,'complete, comply with and abide by this covenant, or sny part hereof. sald Mortg- agee may place and pay for auch in~urance or any part thereot without walving or atfectlng any option, lien, equity or right under or by virtue of this mortgage, and Lhe [ull amount ot each snd every such payment shall be lmmediately due and payable ~nd ehall bear int~rest trom the date thereot untfl pafd at the rate of ten per centum per annum end together with such Interest shall be secum! by the Uett o~ thb mortgage. s. To permlt, commit or eufter no waate. impairment or deterfonUon of said property or any part thereol. 6. To pay aU and singulu the co~ta, cAarges and expenses, Including reasonable lawyer'~ tees and cwt o! abstracts ot tiqe, Incurred or paid at any tlme by sald Mortgsgee becaase and/or In the event ot the falltu~ on the part o[ the uld Hortgagor to duly. promptiy and [ully perlorm, dl~charBe. eaecute. etfec~ complete,, comply with and ablde by each and every the atlpulatlau, a~reemeati, condiUons and covenanb of ssid promlr sory note, and thls mortgage, any or elther. and eald co~ta. charges and expenses, uch and every. ihaU bs im- medlstely due and payable. whether or nat thera be notlce. demand, attempt to collect or iuft pending: and th~ iWl amount ot each ar~d every anch payment ~hap beu iat~reat lrom tM dat~ tbseeof unW pald at the rste ot ten p~r centum per annum: ~r~d W sald cost~. chsrsei at~d ~Pea~ ~o tncurerd oc paf~ WL+tl~r with ~uct? 1n- terat. shW bs secvred bp tb~ Uen ot thfs c~wrtgase. BaoK 418 r~1637 ~/3 ~ o~ ~Ae ~ G~ ~