Loading...
HomeMy WebLinkAbout0050 t i- ~ • ~ i 4 ~ \ T . - ) •i . \ . t • 1 i . • ~ i . ~ r F PROVIDED. AI.WAYS. that if the Mortgagor shall pay unto the Mortgagee the indebtedaesa evide~ced by a ~ oectaib proenisaory not~-of ~rhich the folbwing in worda and figures ie a tn~e copy to-wit: S 1,000.00 ~ FORT I~AIID~SRD~ALB, 1~LORIDiA S~ 7 . ~ 9?? : Fo~ value re~:eived, l or We, promise to pay to the order of D Q *Y~ '~*iQ1'~'~' th~• principal sum of 4N8 '1'Ha13AND AND ~0/1. Dollars. IS 1~~~~). together with interest thereon froin~ • at the rate of~_ per cent per annum until msturity. said principal and intetest being payable as follows: S___6Q,~~p.on the_15..day of OCT~SB+~., . and S~~~ . on the~_day ot t each consecutive monlh thereafter untii PATD tl~i ~tRs ch paymeet of S . shall repreaent psyment of intrrest and principsl. and shall be credited fiat toward interes't snd the remainder toward principal. The maker agrees that if any inssallment becomes delinquent, the holder shali have the option to demsnd gayment of the entire unpaid balance then due. and owing. together with ac~rued intercst thereon. Thia note ntay be prcpaid after one year, and thereafter at a penalty of Eight (8'1~) per cent of the unpaid balance. BseA nrkee awd ~adot~r ~Y1s wHrw d~s~ed. 0~~ asd aoqe~ ot aaults. now?ara~~nt or oroMN aed W rwrfwwesq w~a~s to t • hoW ad ot thea~ II~W ~ wt~ls ~ed ~NotMS. - t~eh akK ~od wAew~r f~~er ~ReM.lolwth wd Mw*a11~ W 0~7 Wept~ o1 eo9~ctlou. l~drdi~ Atto~ef 1~ Ne la aM tM O~lneial or tMs noee or aaf PveNat e~ tM P~sdMl or asy fnt~st IMeeo~ 1s wot Ma ~t tM e~0eetive w~weftt tA~e . or i~ ar~ n Meo~t~ w~eews to prot!!t iM! MlYdq AM'~Ot. ~IMtYft flrt b~ 0lOI~It ot 001. TWs wote ~ad dtf~e~8l~twwt v~~s~e ~YW M~r Mt~ewt *t the nM W M! ee~t OK Mw~ ftN s~tndtf w~t! O~M. TAU oote is ~~enwd ei • rt~yr of ewe d~tt IKw~itA ~eA is to be eewWwA ~M Mteie~l ~eea~dfa{ to ~ I~~s of tbs state ot Florid~: upe~ d~brlt M t~~~ ~~w aed/or tnt~rpil dw oa w wott s~e~nd Of aN MattpN. r wot» ~s MeYeM rd snsdnlos ~n0~~d sAall lortAwltM Meo~ dw ~N P~saDit wtv~ YuAfa~ tl~Nt Msor, s' - ~ (S~AL) . e a e s Kcman ' ~184._lr~e~m ~w ~~~er ? ~s Creeke _ tSEALi aad aball perform. oomply with and abide by each and every the stipnlationa. agreements, conditiona and coveaanta af said promissory note and of this deed, tl~ this deed and the estate tbereby crested shall ceaee and be null and void. 1. 1'~ Mort~ag~or 6erebg oovenanta and agrees: 1a11b p~y sll and ainsular t6e pcindpal ~nd inRerest and otLer sums of mooeY WY~ bY virtae of said promissaY rote aud this deed. or aither, ; P~~~Y oa the dapa respective~y the same se+row~ly beoomes d~ie. ' j 1 bl To permit. cflmmit or wfEu no xaste and W m~intain the improvea~ents ~t all times in a state of good iep~ir and cmditioo. ~ad to do or permit w be j dooe to s~id pRmi~es not6io6 th~t w~l akee ar e6an~e tbe use and eMracter o( said property ar in a~ wnr im~qir or ~ken the security oi this matgsge. Aad in case ot the retustl. neglxt or mabilitr ~ the Mortgagor 4o rep~i* and maiatain s~id pcop«ty. the Mortaaaee myr. at 6is optioo. m~loe - such rep~irs or nwe the eame W be md0. a~ advanc+e a?oneYs in that behalt. Icl To pnr dl and singulv the ta~ei. aswam~nts. levies. lia6ilities. and obtiaatiom of every natnre m sW descn'bed pvpeety dch and ewYy when due ~nd Wpabie aoeardioa to 4w. belo~ they beoome d~iiiqu~ot: ~nd W ddiva to the Mort~~ee m ar betore slareh lbth Oi eKh ye~r ta: ceaipts ~6 ~ P~T~?t of ~I11~rGi17 imPosed tares for t6e preeeding alend~r Yev: to id~emo~Y oPm his deo~nd for sll t~~es. as~es.+ meots end ch.rges chat mry be ¦seeeeea u~On cLis mo~tp~e oo che indebcaanw secorea 6ereby..na p.ia b~ che mor~gee. ..;cho~c ng.rd co.ny ~a~. he~atofore en~cted ac tieeaR~r W be emeted ~posit~ P~Orme~R ot tbe wbele or a~r pat t6enof tqoo the Mortgagee. Id17b p~y al! and singul~r the casts. clrrges and aspemes. indudina lawnrs tees u~d abstraet aosts reasaoably inaured a` p~id at anr time br the Mortgagee becaux ot the failure m the p~rt af t6e Mortg~ger to pa(arm. oomply wit6 and abide by sch ~nd every the atiqdations. ageements. ooaditioas aad ooveu~nts ot s~id promiaaocy note and this deed. or eitha. and every sue6 p~yioent shdl be~r inte~elt froai date at the rate d uen I10%1 i t Per oeo~tum Pv anoum lel It is t~rthQ oovenned and tgresd b~ a~id prties t6rt in tlr eveot ot a s~t bein~ imtituted W to~eelose this mortgage, the Mortgagee ahalt be d!s' eatitkd W apply at ury time peodio6 a~ch foreclosure s~t W tbe owvt 6avinE luri~dietioa the~eot (or tbe ~ppointment of a reoeiver oE a11 ~ad siogul~r t6e i ~ WnPMT. and of all reots, inoome~. Prof ts• ieeues and e~evmaes thereof. f~om ~rhatsosvar ao~uee daived: and thrra~pon it is hereby ezpressly _ oovenanted aod a~eed that tLe Cwrt. sh~U tat6with p~point sach reoeivrr wit6 tbe wiul powe~s ~nd d~Kies of eeoei.re~ in like cases: aod said ~ppoint• ~ meot sFuU be m~de M t6e ooart aa a m~uer ot ~tcict right W the Matga~ee. and witbout Rfaaooe to the adcqu~ey ar ioade~pticy d tbe value of t6e pro- P~Y ~?7' ~ or W ths solveoeY or insolveo~' ot f~he Mat~+~~ a~1 ~ P~Y de(eod~nt W soc6 wit T6e Martgagor 6eteby specif- inUr waives the rig6t to objed w tbe ~ppo~tmaot of a reaivar as a~id a~ henby ~y aoosmt~ th~t sneb appointmeot a6a11 be m~de aa ~n admiued eqmcy and as a mauer d ab.olnu ri~c w che Mo~tgagee aod ch.c cbs a.me may bs doae wic6ouc mcice w cbe Mo~agor. Itl if toreclowrc proceedings should be in~titnted agaia+t the propertY covered bY t6b morigage ~On a~ other lien a dsim w6etl~er alieged to be superior or junior W t6e lien at this mortpge. the Mortgs~ee m~y at 6is option immedi~tdy upoa institution of weh suit or duriog tbe pendencr thereo[ declare this martgage aad the iodebte~+ sec~ed b~bY due ~od p~yabk fort6wi W and ma~ at ib optioo prooeal w focecloee this mortgagr. 1 Bl 7bat tbe Mortgegvr wi111ceeQ ap ~ed aod persood P~P~7 now or hee~Rerencvmbe~ed by t6e lien of this mortgage iiwred as m~y be required from time w time by the Martaagee agai+ut loes by Gre, .vindstorm aud otl~er 6~z~rds. aw~lties and oootingemes tar anc6 periods ~ad for not kaa t6~n ; a~c6 am~ouuta u m~ be required br the Liortaagee and w P~T P~Y wlka doe all premiums for ~ucb inaurance. 7be amounts ot imur~noe rapired ; m bT the Marga~ee ~ be the ~ amo~uKa for wl~h s~id inaranee aMll be wrkteo and it a6sll be ineambent upoo the Matg~gor W wintain sueh additiood iassanos ~s ouy bs oeoss~ry W meet ~nd oomplr tullY with all a+~iawraoce roquinaoents oootai~d ~ srid polie~es w t6e eod th~t tbs said Mort~gor is not a oo-iaru~ur thseuodri. Inwranoe a6~Y be writtm by ~ oompany or oosop~oie~ approved ar de~aced b9 t6e Mort~gee ~nd all poli- aes ud rmewals theeot slrll be hdd br tbe Mortgagea AU ~fetailed desigwtions by the Mortaagvr w6icb ~re acoepted by the Mortasgae aod all a~ea m~ota betwem MorLpgor and blortgr/ee rdating to ins~u~oce. now ~ or heresiter made. aha0 be ia writing and ehall be a p~rt of this mo~t~+6e ageeaieat as fuUy as tlwugh sd (orth verb~tim ~rin and shall govern boW p~eties hereW aod thar anooesaors aud wigus- No tiio apon aoy of a~id . pdicies o( inMVanoe or opm aoy netund or ret~un premium whith may be qyable ~ tl~e canodlat'ao ar tRrminatioo tl~eot. s6a11 be givm to othQ th~n the Mort~ee. eseept b7 P~'oPK ~Ot af6sed w aoch poticy aod ~pproved by Mortga~ee Esch poliey af iasunnoe slrU Mro af6=ed therew • Standard New Yorlc Martp~ee Uause witAout Contribution. m~kin6 au Ioss or losses ander ea~ Po1ic7 Wri~ ~s it~ iaterest m~y ~p - ee pev. in tLe event ~a~ w~m ar s~uns ot money beeane payabk t6aawder tbe DAa~tgagee ah~il h~ve the option W reoeira ~ a}pl~ 1ie san~e m aeoo~ol ot the indebtedous MebY seeured, or W permit t6e Mortgagor w receive aad use it, ar any put thereut, wit6out t,baehy w~ivic~ or ia~"viog anY e9~' ti, lien, or ri66t wder a~ by virtue d this mortga~s. In event of lo~ or PhYsical dam~e W t1+e mortaased P~~~7 ~~~6~~ irt~diate _ ~ ~ a~2?4 ~ . 49 - ~