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HomeMy WebLinkAbout2328 • . - - f s 4 ~ 300 , QQ _ iTUART, fbrtda Janus 3 ~ ; . J Sand ; FOR VALUE aECE1VE0, tM IoiMhJ awetaMy. ?ROMISE TO ?Ar to ilia o.dw N i w ~e . o oot.u?as. , ree un a an w arolt ett+a/ M•e• an Aelda/ c .t M ttrlitfat,. N~aIIMI tMlh NNMMI /Ie111 LM /aN et r/M l/M aanwlw M Nta ttlt/air rallataa t/a1M aaalwitY. ; ~ ~ harMl wtay MairtMe ~ t TM sad M1sa1'M aM MtMraN tiMN a M aai'aYMM M Payable in 20 quarterlyy pa a s. including interests the first such pay- meat being due. three t3) mo ram the data hereof • 1/ dalaJl tN n+ada ~ 30 days to lM paynwM of nslaNM Fwaptwa to a wctw wct+aootton tt+atl not comltt~u~T} s w wr oo+I 1M i +wWa+d w+th +ntaraft ttyll al I+oldar's oottort Oatorr+a des ar+0 paY ~M} rgt+l to asartl» tM tarr+a M IM avawl of ttditpYMl Oabtdl. /lHM coat t1Y ih p?+nt+pN and Kawd MtNatl tr+Ml tNar +niMaft at~Yoa tantu+n oar annwn unla paid. TM nMlan art0 andertars of tAla +wtN hrriMr wa . n0t1c~ o/ npn~aY+tNr+t and potast. 11 tt+M rota K nol paid a1 rrWtw+tY and tM sarr+a h plata0 •rllh art a11p;++aY lOr tpllatllpA, 1M IMkNa arts orfarf hMaol aarM l0 pay aM tout OI tOllatl1d11, +ntludl+q aM COY+I CONE art0 natowaOM Mton+rfl KEAII err av n + tSEALI {iCEAI) r n a a n - t ' - , and shall duly. promptly and fully perform, discharge. execute, effect, completes, comply with and abide by each and every the atipulatlone, agreements, conditions and covenants of said prom,ssory note and of tills mortgage, then thL mortgage and the estate hereby created shalt cease and be null ant! void. It is understood that each of the words, "note," "mortgagor'' and "mortgages" respectively and the pron- ouns referring thereto, whether in the singular or plural anywhere In this mortgage, shall be singular 1t one ody and shall be plural .jointly and severally, it more than one, and shall be masculine, feminine and/or neuter, wher- ever the confetti ao impliei or admits. - And acid Mortgagor for himself and his heirs, legal representatives, aucceaaors and assigns, hereby coven- ants area agrees to and with said Mortgagee. his legal representatives, successors and assigns: 1. To pay all and singular the principal and interest and the variotu and stuadry soma of money payable Dy virtue of saki promissory note, and this mortgage, each and every, prompt]y on the days respectively the same severally become due. T. To pay all and singular the taxes, assessments, levies, liabilities, obllgationa and incumbrances of every nature and kind now on said described property, and/or that hereafter may be imposed, Buttered, placed, levied ~ or assessed thereupon, and/or that hereafter may be levied or assessed upon this mortgage and/or the indebted- neaa secured hereby. each and every, when due and payable acrnrding to law, before they become delinquent. { and before any interest attaches or any penalty is incurred; and in ao tar as any thereof is of record the acme shall be promptly satisfied and discharged of record and the original official document (such as, for instance, the tax receipt or the satisfaction paper officially endorsed or certified) shall be placed in the hands of said Mortgagee within ten days next after payment; and in the event that any thereof is not so paid, satisfied and discharged, said Mortgagee may at any time pay the acme or any part thereof without waiving or affecting any option, Uen, equity or right under or by virtue of this mortgage, and the full amount of each and every such payment shall be immediately due and payable and shall bear interest from the -date thereof until paid at the rate of ten per centum per annum and together with such interest shall be secured by Lhe Uen of this mortgage. i • - tnaurance in the usual standard policy form, in a sum not less than s------------------------------------------•------•------ such com• parry or comp^nles as may be approved by said MortgsFce; and all such insurance policies y of sold b~~id- logs, any interest therein or part thereof, in the aggregate sum aforesaid or in exc roof, shall contain the' usual standard mortgagee clause making the lotis under said policies, each an ry, payable to said Mortga- gee as hU interest may appear, and each and every su+•h policy shall be ptly delivered to and held by acid Mortgagee; and, not less than ten days in advance of the expiration ach policy, to deliver to said Mortgagee a renewal thereof, together with a receipt for the premium of rnnewal• and there shall be no such insur- ance placed on any of said buildings, any interest therein art thereof, unleu in the form and with the loss payable as aforesaid: and in the event any sum of ey becomes payable under ouch policy or policies said Mortgagee shall have the option to receive an y the name on account of the indebtedness secured hereby or to permit said Mortgagor to receive slid or any part thereof for other purposes without thereby waiving or impairing any equity, Ilen or ri nder or by virtue o[ this mortgage; and in the event aafd Mortgagor shall for any reason tail to keep d premises an insumd, or tail to deliver promptly any of said policies of insurance to acid Mort or fail promptly to pny fully any premium therefor, or in any respect fell to per- . form, discharge, ex e, effect, complete, comply with and abide by this covenant, or any part hereof, said Mortg• _ agee rosy pia d pay for such insurance or any part thereof without waiving or affecting any option, lien. equity t under or by virtue of this mortgage. and the toll amount of each and every ouch payment shall be ediately due and payable and shall bear interest from the date thereof until paid at the rate of ten per - 4. To permit, commit or suffer no waste, impairment or deteriosaUon of said property or any pert thereof. 6. To pay all and singular the coats, charges and expenses, including reasonable lawyers teen and coat of a abstracts of title, incurred or paid at-any time by said Mortgagee because and/or fn the event of the faJlure on the part of the sold Mortgagor to duly, promptly and fully perform. discharge, execute, efteM, complete+ ~ comply with and abide by each and every the atlpulations, agreements, conditions and covenanb of said promis- sory note, and this mortgage, any or either, and said costs, charges and expenses, each and every. shall be iflt- mediately due and payable, whether or not there be notice, demand, attempt to collect or salt pending- and the hill amount of each and every such payment shall tear interest from the date thereof tlntU paid at the rate of ten per centttm per annum' and all said costa, charges and expensaa so incurred or paid, together with such in- tersst, shall bs secured by the Uea of this mostgage. r SOOK~~ Y14GE~, - ar--_ _ + _ _ -s - _ ice,