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HomeMy WebLinkAbout0349 i~ 4Y?t.E.~i-".•.4~.4~.•.•.~.L~.~.L44•.~.•.•.•.•.•.•.•.•.•,•.•.~.•.•.4•.~r•.~.?.•.•.•.~.•.'.4~.•.•.•.•.•.•.•.•.•.•.•.•r•.•.'.•.~.•.•~4l.•~~it.~i ~ s.~4,~Q4~.4S~_----------_ ~ il 12a ~9 7~ --+~P~c . ~ FOR VALUE RECEIVEO th~ und~rsi ned, ;dntlX snd several~ly, PRQMISE TO PAY to th~ ord~~ of 1 • , - FIItST I~ATION,A~ EA~K v-.TRLS_i _~4~SPA~'~Y --~1~''_..~.~1~~'~_ - - - - i "S""' """...R. R.. : EIETY-FDIiB.- THQLS~ADIII-_SIX -HLNDRED--AND-.1~~10.0- - - - h ~OLIARS, : 4 af __~t._Q~---~~~Lg~_.~.3_~~,--.~r_ua~ct, Flor_isia_.~ ~~4_----- --_----or wch othsr placs as the holder ; hsMOf may d~s~yn~~ in w~itinp top~th~r with inNnst from --------A~Y~.l...~~.a--Lg1-~--------- : ~ at tM nb of ___Zf! pK cMtuen p~r annum on the unpaid bal~nce until maturity, Ths said principal and interost shsll ; be du~ and payabl~ as follows: : ~r545.71 a month. tiza first payra~ut being uue ane n~oncl~ frou? dat4 aiid coutin ; for eact~ month ttieraaf ter unt~l paici. ~hia aum of $545. 71 paid eacb ~onth s~.all first b~ crcditau to interc.~t aci;:. t:.c~ r~:ca8inder to the principal of 4hi~ obligation. This note c,8y be pzepaici at any time without Fenalty. . . ~ ; ~a li ddarit b~ ~wsd~ iN dsys iw flw payawt ef awr iattaUw~wt of pri~cip~l- oe i~f~na~ w~wr pael tl»hof, 1M wlab ~uiw tMa r~A~iwiwo ~ ~npsi~ wi11~ iwta~sl aA~N N Ipl~e's epliea Mcww dw awd parabb wiNww wotic~. FailYe~ ~e ~x~~cia~ wc6 eptiew sball ~et cewslituh a wsiv~r ef 1M riyA~ f0 ~x~rciM Nw s~wr iw tlw ~v~wt ei s~brqwwf d~f~vh. AhN w~atwUp beM princlpsl s~d ~ccrwd inhmf sball b~s~ inhnsl at p~r c~nww~ ; p~r aw~rw wlil '~id. ?M ww4~rs awd ~wdws~n ef th+s weM fw1A~r waiw d~~n~wd. wetic~ of wow~p~raNwl ~wd p~ot~st. li N~i~ wet~ is eee p~id at ~ ~ ms~veilp aw~ 11» s~w» it ~lae~ vrith M aMerw~r fw ailMiew, 1tM wak~n awd ~wdea~n Mhof a9n~ ro all eosh ei eolke~iew, iwdrdino ap sowt ~a ~ co+fs auJ e~+tMa~ NhnMy fsp. ~ew ~ ~ ~ ~ ~ ~ . ~ ? ~ ts~~~ ~ ~ - - - I1l:.ii. . O1 LUL: ~ ~ Aft~d: - : - SEAL ~ - - - ~ - - - l ) '-'t . r:i-:_' . ~ ~s~?t~ r - - - _ _ - - - - ~~l~~!-~~~~1~T~1~~~l~I~~~~~~~~~~?~~~~r'1f~~~J~~i~i~ifl,~lf~f~~l~I~1~1~1f~~~1'1fi~~~I~~~~~jt~~~f~~1~l~?~i~i~i~1~i~1~I~~~I~i~~~i~1~~~Y4fM~rYr'~1"~-?-~ aAd aha11 duly, promptiy and fully perform, d~echarqe, execute, e/tect. Fompletr, comply wlth and sDide Dy web and ~verp the sGpulations, agreemenis, cond:tions and covenants ot s:ud prom~ssory note and ot this mortsap„ • then Lhis mortgage and the estate hereby created ahall cease and De null ann void. • It is unde~atood that each of the wonis, "note," '•mortgagor" and "mortgages" re9pectlvely and the pron- oun~ re[ernng thereto, whether in the ringular or pluml_anywhere in thls mortgage, Rhdl be aingvlar f! one only a~d aha3l be plural joinUy snd severally, if more than one, and aha11 be masculine, Iemmine and/or neuter. wher~- ever the oontext ao implies or admib. And sald Mortgagor for himselt and his heirs, legal representstives, aucceaso» and aesigns, henby coven- ante ana agreea to and with u[d Hortgagee. hea legal repreaentaGves, successors and aasigt~s: 1. To pay W and atngutar Ehe principal and Interrat aad tbe various anc? iundry suma ot money paysble b~ virtue ot said promissory note, and thi~ tnort6ase, each and every, ptomptly on the days respectively the sam~ severaUy become due, 2. To pay all and singular the tnxes, aeseasment~, [evies, tiabilities, obtiRations and tncumbrenca o[ everp nature and kUid now on sald de~cribed property, and!or that herea[ter may be impoaed, suftered, placed, levied . or assesaed thereupon, and/or that hereafter may be levied or asspssed upon thia mortgage and/or the indebted- nesa . secured Dercby, each and every, when dae and ~?ayable according to law, betore they become delinquen~ attd before any intere~t attachea or any penalty is incurred; and i~ ao tar as any thereot is ot record the um~ ahail be prumptly satiatied and discharged ot record nnd the onRinai o[[tcial document (such as, tor lnstance. ihe tax reeeipt or the sati~faction paper ot[icially en~3o~sed or certified) shali be placed 1n the hands ot said Mortgagee within ten days next atter payment; and in the event that any thereot is not so patd, ssti~[ied and dfacherged, satd Mortgagee may at any time pay the aame ar sny psrt tl~ereot without waiving or at[ecting any option, ?ien, equity or right undcr or by ~lrtue o[ this mortgaqe, and lhe tull amount of each and every such payment ahall be immediately due and payabte and shail bear intemst t~om the date tJureof untl~ paid at the rate of ten per centum per annum and logether vrith such intereat shall be aecured by the lien of thi~ mortgage. • S. To place and continuously ke~p on the bu~ldin~a now or heceafter sttu4te on said Iand fire and windstorm tnaurance ~n the a4ual standard policy form, in a sur.: n~t Iea~ than i_ rjl~.i. j}QQ +.(}Q . In euch com- pany or comp^nics as may be approved by said I?tort~a~~•e; an~i ail such insurance policiea on any of sald build- ings, aay intereat therein or pari thereof, in the aR~reRate aum a[oresaid or in excess thereof, shsll contnin ths usual standard mortRagee clnuse makinA the l~~~s ur.d~r aaid policiea, each end ev~ry~ payable to aaid Mortga. gee as hIs ~nterest may appear, and enrh ar.d e~•rry su~•h polecy shall De promptly delivered to and held by said biortgagee; and, not les~ than ten days in ad~~anoe of the expiration of each poticy, to delfver to~ awid Mortgages a renewal thereo[, toRether with a ~eceipt tnr th~ pr~m~um nf an~h r~newai: and there ahall be no euch in~ur- ance placed an any ot said buildin~, sny intereat lherein or part thereot, uNe.~ in tRe form. and with the losr payable as atorcsaid; and in the e~ent any aum ot money becomes paysble under such poltcy or policiea said l+iortRa~ee ahali have the option to receive and appfy the aame an account o! the fndeDtedness secured hereby or to permit said MortRa~or to recefve and u~e It or any part thereo[ for other purposea ~rithout thereby waivtng . or impairing any equity, Iien or riRht under or by virtue of thia mortgage; and it~ the event said Mortgagor shall tor any rPason tai! to ke~p the said premi~es sa in~ur~d, or fail to delfver pmmptly sny of aald policies ot inavrance to aaid I?iortga~tee, or fail prompUy to pay fully any premium therefor, or in any reipect fUl to per- form, diacharge, execute, effect, complete, comply with and abide by this covensnt, or any part hereot, uid Mortg- agee msy piace and pay tor such inaurence or any part thereof witlu~ut wafving .or at[ectlng ~ny option, lien. equity or right under or by virtue of this mortgage, and the futi amount of each and every wch payment ahaU be #mmediatdy due and payable and shsU bear int~rest trom the date thereof unttl paid at ths nte ot ten per f centum per annum and together with aucA fnterest shall be secured by the lle~ o[ thL tnortgage. r To permlt, commit or sufter no waste, impeirment or detecforsUoa of ~atd pmperty or any psrt thereoL i 6. To pay W and singulu the coets, charges arid expenscs, including seawnable Lwye~'~ tees and cast of sbstracts o[ tide, incnrred or pald at any tlme by uld l?[ortgagee because and/or In the event ot tAe tallurs o~ the part ot the ~afd btortgagor to duly, promptly and [ully parform. d1~cAarge, execute, • eKect, complet~, comply wfth and abfde by each and every the stiputaUoni, aateemenb, condiUona snd covenant~ ot said promis- ~ory note. and this mortgage. any or efther, and s~lA coata„ cDarges and espen~ea, each and every, ihall bs lm- , medlately due ~nd payable. whether o~ not theoe be notice. demsad. ~ttempt to col~ect or suft pending: and t1u tWi amount of each and erery such payment ~hap Deat lnt~reat hoa~ tM dat~ tbereot uatll pafd at tbe rate ot tea per centum per annum: and atl safd co~ti. char6es and ~tpeaw w lncusred or palq, topthtr w~it1~ iuch !n- ~ tereat~ ~hall b~ ~ecured Dy ths lien o! tfda mortga~s. ~aR~285 ~f 34~ ' ; _