HomeMy WebLinkAbout1355 ~rnuided ttlwttya, tltat if sail .hfortga,~or shall pact' unto the said ,Mortga•gPe
the certain promissory note, oj' which lice fullouring is words ctnd jlgures i~ a truce copy,
to wit:
~ i -31.000. 00----
Fort Pierce _ FLOlz1nA,_~anuary 16 A.D_, ly 79_ ~
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k For value received, I or we, jointly and severally, pron,i.e iu I,ay to tl,c order of H . P . WILLIA''4S 8nd
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MINNIE K. WILLIAlrIS, his wife ~ O
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~ ___Fort Pierce >•'l.t~kluA 3345b
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a Thirty-seven and no/100-----------($37.000.00)----------_------n~l.l.Alts
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a~ 1~_Hartman ~9~~a.~'~~-- Pier~e._ , FluriJa, in_. 1$0 _~nonthty ,nstall,u,•uts of tt
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A 353.60 each, the first iustallnu•nt to he•eonu• dae and l,.a~ahle un
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x or before the 16th _day o(_ ___FebruBry 179 and one irntallnn•nt to Ix•rume due and payable nn
or bt•(orr the 16th _ _--day of each succeedinK nn~nth ,uni) the whnl,• of said indebtednrv is p.?id, ~~ith inu•e,-~t
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Trom . ~ date_ _ _ _at the rate of - . -per annum. -
and such default eantinues for 15 da~?s
:1 11' :u,v installment of this note is not paid at the tune and p1ar,• ,IxYi~ied/the eutn+• .u,:,nu,t u„l+.ud ~•I,.,I1 ix• x
dur and parable at the elrY•tion u[ the holder hcn•uf. All I,anirs beret+,, ~•hcther n,a1.eC:, ,•nd~,,.,•,s, .un~~~•~,, •_u.?r.u+u+r<,
n ur uthrrai.e, hereby u•:,i~e d,•maud, nutire .uul l,r++te+t If pl:u~~•,1 iu th+• h.,nd, ~~f .+n :,ti++rn:•~ t~rr ~+~U+•~,i:+++ j+~~nth
and sc~•er.,lly a ree to pay -rcasouable attorney's Ic~•s, including appellate proceedings. ~ tt
Fach instalment first s':iall be applied in payment of the interest and then on the
unpaid balance of 'the principal stm.
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" this note may be prepaid in wlnle or in part at any time without penalty.
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Address 0 . C . THOMPSON
z 'I'ckptwne No. (SI:AI.)
and shall perjo~m, comply with and abide by each and every the stipulations,
agreements, conditions and covenants of said promissory note and of this deed, then
- this deed and the estate hereby created shall cease and be null and void.
,t~nd. the said J~lortgagor hereby covenants and agrees:
.1. To pay all and singular the principal and interest and other sums of money
~ payable by virtue of said promissory Mote slid this deed, or either, pmnaptly on the
F days respectively the same severally come dtce.
To pay all and sin6ular the taxes,.assessm.en.ts, levies; liabilities, ~,bligations
~ and encumbrances of every natrire on said described property each and every, and
if the same be not promptly paid the said JItortgagee may at any time pay the same -
without waiving or affecting the option to foreclose or any right hereunder, and every
payment ao made shalt bear interest from the date thereof at the rate of eight
~ per cent. per annum. -
~'o pay all and singular the costs, charges and expenses. including lawyer's
fees, reasonably incurred or paid at any time by scud ,1~ortgagee becarese of the failure
on the part of the said .h~ortgagor to perform, comply uzth and abide by each and
every the stipulations, agreements, conditions and covenants of" said promissory note
~ and this deed, or either, and every such payment shall bear interest from date at the
of eight per cent. per annum.
To keep the buildings now or hereafter on soul land ins«red in a sum not
less than highest insurable value ~
Dollars, in a company yr companies to ~ ~
be approved by said JKortgagee, and the policy or policies held by and payable to said
.Mortgagee, and in the event any sum of money becomes payable under such policy or
policies, the ~~ortgagee shall have the option to receive and apply the same on account
of the indebtedness hereby- secured or to permit the JKortgagor to receive and use it, or
any pant thereof, for other purposes, wi`,hout thereby waiving or impairing any equity
lien or right under or by virtue of this mortgage, and may place and pay for such
insurance or any part thereof, without waiving or afJ`'ecting the option to foreclose or
any right hereunder, and each and every such payment shall bear interest from date
at the rate of eight per cent. per annum.
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