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Home My WebLink About2204 - .•i4~6•iL ~•.?.•.•••••.'.•.4•.•.'.4•iii•ii~.•.•.'.•.•.•.•iiL•.•.•.•.•.•.•.•.•.•ii.•ii•••iib•.•.•.•.•iiiiiii•••iiiiiti•.r••••• _35,•000-._00_.___---..._ Aril- 9 t9 79 ti . FO~ttcpV~ApIHUE~R~ECgEKI,TV,E~D,~ th~o unEdiorsip;~oo~d~, ~ogintly and severally, PROMISE TO PAY to the o?ds? of - ~ • -THIRTY=~IV'E~ ~'AOUSRN~~ ANDON~ f l Ohis Sri f e.. _ _ - - - - - - - - - - - - - _ . _ - - - - - - - - - . DOLLARS, R .2, .Jensen. Beach, FL 33457 or such other place as the holder 'at APt:-•-- 6-GL--V~1~~.D~l..SQ~.r.. te. • hereof may designate in writing together with interest from _ date heleo~ 1 - - - - - - r:t the rah of _.__.5._..._...- por centum per annum on the unpaid balance until maturity. The said principal and interest shall be due and payable as follows: On or before twelve months from date of this note. Interest payable on the unpaid balance every three months from date hereof. M dalarM ba wrada fey to dart iw tM parwsrwt of «rr iwstaNwnwt of priwcipal or irrNnst er awy part fMr.ei, tb vrirrla saw tMw rr,waiwina unpaid wish iwNrsst sAall of 1»Wor'a eptiow Mceww dw awd parabM w:thort wotiu. failrra N •xorciw artA epliow sAaN wet cowstitrN ~ ~aiwr of tlrr ?ieht M rxrrcisr tin satyr iw tAr rvowt of srbwgwwt dafarM. Aftrr swatrrity botA priwcipal awd accrwd iwMrast shad bsa inhrrst at par cawhrwr psr aaatr~ unW paid. TM •rakM and sndsrsrn st tAis nrfr frrtMt wai~re derwand, wrtica d non-parmart and pretrst. N thh wrta is nrt paid at ~ matwily awd Ibr sawn a plaerd with an anrnrrr fw crNactiow, 1M wsa4srs awd rwdorsrn harsel aerrr N wr alt cesh of crlisctiow, iwcirdiwe all cerrf costs and naasaabM atlrrwry iris. . , ~ - ` . r ? _ WESTGLEN CORPORATION fi Attest,. 4: - . y - ~ ! c: ~ (SEAL) - ~ - •itii~i•fiS•iY~~SI•!'?~ii~iiiiii•i~i~iiiiii•.•ii~i•?.~i'i'i•?~i•i•ii iiiii'.•iiiiii~iiaii .~i•~'iiiiii'i'ii~iiiiiiii and shall duly, promptly and fully perform, discharge, execute. etfrrt, complete. ,•ompfy w,[h and abide by each and every the st,pulat,ons, agreements, condrtiu:rs and covenants of s:ud prorn,ssory note and of ttus mortgage. then this mortgage and the estate hereby created shall cease and he oral anu coat. It ,a understood that each of the words, "note," "mortgagor" and "mortgagee" respectively and the pron- ouns referring thereto, whether in the singular or plural anywhere in thl~ mortgage, shall be singular 1t one only and shall be plural jointly and severally, if mare than one, and shall be magc•uhne, [eminine and: or neuter. wher- ever the context ao implies or admits. Md said Mortgagor for himself and his heirs, legal representatives, successors and assigns, hereby rnven- ants aria agrees to and with said Mortgagee, hie legal representatives, successors and assigns: 1. To pay all and singular the principal and interest and the various and sundry sums of money payable by virtue of said promissory note, and thin mortgage, each and every, promptly on the days respecVvely the same severally become due. 2. To pay all and singular the taxes, assessments, levies, liabil?ties, oDUt;atrons and incumbnnces of every nature and kind now on said described property, and nor that hereafter may be imposed, suffered, placed, levied ' or assessed thereupon, and; or that hereafter may be Irc•ud or assessed upon this mortgage and or the indebted- Hess secured hereby, each- and ec•erv, when due and payable ac•cordrrsg to law, before they become delinquent, j and brfore any interest attaches ur any penalty ,s uu•urred; and ,n so far as my thereof is of record the same j shall be promptly satisfied and discharged of record and the onKinal off,cial dreument (such as, for instance, the tax receipt er the satisfaction paper officially ers,iorscd or certitiedr shall be placed In the hands of Bald Mortgagee within ten days next after payment; and in the event lhnt any thereof is not ao paid, satiated and _ j discharged, said litortgagee may at any lime pay the sane or any part thereof without waiving or affecting s any option, lien, egwty or right under or by virtue of this mortgage, and the tali amount of each and every such payment shall be immediately due and payable and shall bear interest from the date thereof until paid i at the rate of ten per centurn per annum and toFrther w,th such interest shall be secured by the lien of this E mortgage. - 3. To place and continuously keep on the bu,lrfinl;e now or hereafter situate on said land fire and windstorm insurance ,n the usual standard poLcy form, in n sum not less than = A"fi>l~Zmlllll... !n such com- b pany or comp-nirs as may be approved by oai~l 1lfortl;o~,•e; amt :?i) such insurance policies on any of said build- ings, any interest therein or part thereof, in the aggr.:Fate sum atorPVard or in excess thereof, shall contain the usual standard mortgagee clause making the logs order card poLcses, tar•h and every, payable to said lltortga- 1 gee as his interest may appear, ar?d each and et•ery sty h pgiiry shall be promptly delivered to and held by said I?Iortgagee; and, not less than ten days in ad~•anre of the expirat,on of each policy, to deliver to said MortgeRes a renewal thereof- together with a receipt for the premium of snch renewal: and there shall be no such insur- ance placed on any of said buAdinRs. any interest therein or part thereof, unless in the form and with the loss payable as aforesaid; and in the event any sum of money becomes payable under airch policy or policies said a Mortgagee shall have the option to receive and apply the same nn account of the indebtedness secured hereby or to permit said liortRaRor to reoelve and use it or any part thereof for other purposes without thereby waiving or impairing any equity, Ilen or right under or by virtue of this mortgage: and in the event said Mortgagor shall for any reasaa [ail to keep- the said premises ao lmurcd. or tail to deliver promptly any of said policies of insurance to said I?tortgagee, or fail promptly to pay tally any premium therefor, or in any respect tall to per- i form. discharge, execute, effect, complete, comply with and abide by this covenant, or any part hereof, said Mortg- agee may place and pay for such insurance or any part thereof without waiving or affecting any option, lisp, 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 me of ten per centum per annum and together with such interest shall be secured Dy the lien o! this mortgage. a. To permit, commit or suffer no waste, Impairment or deterlontlon of sold property or any part thereof. ° ' 6. To pay all and singular the costs, charges and expenses, tncluding reasonable lawyer's tees and cwt of abstracts of title, incurred or paid at any time by Bald Mortgagee because and/or to the event of the talittre on the part o[ the said Mortgagor to duly, promptly and [ally perform. discharge, a:acute, effect, compleb. comply with and abide by each and every the stJpulatione, agreemenU, condltlone and covenants of said promle- gory note, and Wa mortgage, any or etcher, and sold coats. charges and expenses, each and every, shall be Im- a mediately due and payable. whether or not there be notice, demand, attempt to collect or wit pending: and t1u f1t11 amotutt of each and every each payment shall bear lnterat from tM data t]tereot ttnW paid at the me of tan par eentttm per annum; and all said ewe, charges and expeaaea ao incurred or paid. Wgether with web ln- , ttreet, shall be secured by the lien o! this mortgage. 3 i i e~cK ~ac~2~ °R~ z