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Home My WebLink About0632 i" THIS LOAI~ IS D~I~Gi 1~tR1LL1t3SD tA~IDiK ~LtAt117iA ~ITA~uTS wr~~? nu~auwtrT Yv ~ ~ r~o~znn ar~?~rre *se~. iz. ~a Ban~o cr~os~ea v~nea rt~on~? s~r~~rrs ~~s. - =-ZZ.000.04--- ~eivi.r= ~~h Fbria., ~ J1ui• Z2. 19 79 For V~l~t Received. t?e wde~si~pcd joiotlq aed seve~dly pco~ise to pay to We ad~~ ot ~ Opal McDowell, a sinale woman, 4 io le~al teader ot lhe Uaited States of Aa~e~ic~. tAe prinapal w~ ot j ~*~atg-~._z"l~usand aw~ ~ee• u~u.~. ~ to~ethet wit? iaterest ~Q YOYp1i lIllflOl f!/Ii1N1A~ YIIQiIId ~fOS l1O! (0 110l. at the ~ate ot~_ pet catua ~ pe~ ~aau~ tw~ the date bereot natil paid. Said priacipal sue aod iatercst sball be payable ia monthly iastdlweets o~ ; S~cr w ot betae ttie d~y ot each aad every ooath, be~inaia~ ~ U 1 1~79 all~ ' ~Or 60 wos~tht th~s~att~r• Eatit~ eslance will b~ du~ i~ ~oath~. to~etAer witb all accn~ed i.eetest asA ~ c~es . said iastall~eots. as aad whea paid. shall be credited by tbe Iwlde~ he~eof Grst oa the interest t?a~ ~ acc~ued oe. said p~i~a p a l sYe ~ewaiaia~ mpaid. aad then io rcductioa ot sncA uapaid p~iocipal. The uade~si~ued sball have ~ we oaian co an~apae and pay aoy ot sa~d ~ouali.en~s ae aay tiaie prior to eaturity thereot. aad also at aay tiwe eaY W?Y ~ aothiseotea.y sues ia additios to t6e above pesctibed iastalloeats. alucA iastalleeats when so aaticipated~and rhic? addi- ~ tiaad sna~s ~ so paid s6d1 be sppUed and cyedited oa the acrned ~aterest and uapaid priacipal heceot ia tbe ~anner above pwvidcd. - The akers aed endocse~s 6ercby a~ree to pay a I~te cbar~e ot S% ot the pay~aeqt tor ex6 iastalloa~t ~aieia~ p~st due ~ ovet 15 days. If detrult be ~ade is pay~ent at aoy o( said installoents at the tiees aad in t6e eaaner a[ocesaid (time bei~s r of tbe esseace o[ tAis aQeeeeot) tAea at We option ot t6e bolder 6ereo(. t6e eatire amount ot said principal thee re~ainin~ ~ uopaid, witl~ dl i~terest then scrncd tAereca sAall i~sediately become aod be due ana poyable aad cot{ectible witbout sattce ~ oc de.and tberefat. It tlis note shall becowe in detault and shall be placed ia the hands o[ an attomey ta collectian, dl par- = ties liable bercoo apee W Qay to the bolder hereof a ~essoaable attorue~s fee far the collectioa he~eot. Presentseat. protest. ' , notice o[ ~s6ooot aod eatice ot qatest o( Uis oote ~e 6eteby wuved by aU r or aeaft r to becoee liable u ~a«~«. « ae~~. ~`~a~aa ~eae~ Oovntp an~° TOis sate is secured by ~ sort~a~e ot evea date 6erewith oo ce~tain laed io T~ ~ M i~s" Couoqr, Fbrida. Tlsis is a belooe aqtt9aq~ an~ th~ Xs s al h Peck Jr. ~inal psymn~t du~ upon ~asturitp is . ~S~"~-~ th~ e~tirs belaar:e toq~th~r Mitt~ s r k (s~,~ accsued iat~s~~t, i! .~aup. _aiad all _ _ adtrane~ot~ nade ~p _th~ anstqaq~a q ' under th~ t~sfsa o~ this mottqaqa. i Parcel No. Z. rrill b~ rrleaesd rrhen th~ balance is reduced to ~ ~1Z.000.00. ~ ~ snd ahall duly. prompUy and tuAy pertorm, discharge. execute, ettect, complete, comply wlth wd abide Dy each and every the atipulations, agreements, cond?tions and covenante oi said pmmiswry note Rnd of ttds mortgage, then thL mortgage and the atate hereby created ahall cease and be null ana void. . It ia understood that each ot the words, "note," "mortqagoY' and "mortgsged" respecUvelr and the proa- ° ouas re[erring theretq, whether fn the singular or plural anywhere !n thla mortgage. ahall be ~dngular )t one ody t and shall be plural jointly and severaUy~ it more than one, and shall be maxuline, leminina and/or neuttr. whee~ ' ~ ever the oontext ao impliea or admtta And ssld Hortgagor for hltnaelf and his heirs, legal repreaentadves, auccesson and asslg~u, hareby coven. ~ anL ana agrees to and with said Mortgagee~ his legd representstives. succeasora and assigns: j 1. To pay all and aingular the prlncipar and lnterc~t aad the variow and nmdry iuau ot money payable b~ # ~ vtrtua oi safd pmmissory aote, aad thia mortaage. each and every. Pmmptly on t!?e days respsctirely the aam~ - ~ severally become dus. ~ To pay all aad aingular the taxes, asseastnents, leviea, liabilities, obligations and incumbranca of ever~ - ~ nature and kJnd now on said descnbed property. and/or that herea[ter may be imposed, iutfered. placed. levied , or aiaesaed thereupon.~and/or that hereatter msy be levied or as~essed upon this mortgage aad/or the tndebted- ness secured hereby~ each aad every, when due and payable acoording to law, betore they Oecome delinquent~ ~ and before any intereat attaches or any penalty is incurred; aad in so tar aa any thereof is oi record the sam~ shall De promptly satiatied and discharged oi record and the original official document (auch as. for in~taace,. ~ the ta: receipt or the saUsfaction paper otticially endorsed or certtfied) ahaU be placed !n the hands of said Mortgagee within ten days next atter payment; and 1n the event Nat any thereot is Aot ~o pald, utLtiM and discharged, said Mortgagee may at any time pay the same or eny part Lhereot without waiving or atfecting ~ atly opti~n, lien, equity or right under or by virtue ot this mortgsge. and the fnll amount of eact~ and every such payment ahall be immediately due and payabfe and ahall beu intere~t from the date thereof until pafA at the nte ot ten per centum per annum and together with auch interest shall be secured by the lien oi thii mortgage. s. To place and continuoualy keep on the buildinga now or hereafter sltuate on satd land lire and wlndatorm 1:?auranee in the usual standard policy [orm, fn a eum not less than =~~,Sl~d~~.~...ys3a.~l.w_.....__., !n ~uch com- pany or comp^niea as may be approved by aaid Mortga~;ee; and all such insurance pollcla on any of said build- ' ings, any Interest there~n or part thereof, in the aRgregate sum aforesaid or fn excess Lhereof~ shail contain ths - uaual stsndard mortQager clause making the loas under said policles, each and every, payable to said Mortga. gee aa hfs interes[ may appeu. and each and every auch policy aha11 be prompUy delivered to ar?d beid by safA Hortgagee; and, not leas than ren d~yi in advance of the expiration of each poLcy. to deliver to sald Kortgagee a renewal thereof, together with a reoeipt tor the premium of auch renewd; and thers shall be no such insur• ance placed on any of aald buildings, aay iptereat therein or part thereof, unless 1n the form and wlth the lost .5 psyable u aforesaid: and in the avent any sum of money becomd paysble under such pollcy or pollcies aaid „ Mortgagee ahall have the optfon to receive and apply the aame on ucount o! the i~Webt~dnear aecurad hereby or ~ to permit satd Mortga~?or to receive and use it or any psrt thsteot tor otAer purpo~es ~rithout thereDy wafvfng . or impdrtng any equity. Ilen or right ander or by Wrtus ot Wb mort~age; and in the event aafd Hortgagor shall ~ for any reason fail to keep the safd premi~es so in~ured, or iW to dellver prompUy sny ot ~atd policies ot ~ lnsurance to aaid btortgagee, or tdl promptly to pay tully any premfum theretor. or in aay rerpect fdl to per- ~ G form, dlschuge, execute, eftect, complete, compiy with snd abide by thb oovenau~ or any part henot, sald Mortg- ~ agee may place and pay for auch ineurance or any part thereof without walviu~ or affecUng any option, 1ien, ~ equity or right under or by virtue of this moKgage, and the Nll aq?ount of each ufd every such p~yment shall t Ds fmmedi~tely due and payaLle and shaii beu interest trom the date tbereot untU paid at ths rate ot ten per ; ~ oentum per annum and together wlth such Iaterest shall bs aecured bp the llen ot t1W mortg~gs. ~ 4. To petn~it, commtt or suKer no w~ate~ lmpairiaent or detedontlon of ~a1d psopstty or aar part thereot. ~ 6. 1b pty all and ~fngular tl~s costs. char6ea and eupenses. fncluding nawnaDle L~vysr'~ fees and co~t of - abstracta ot tfUe, tncurred or patd at ai~y tlme by ~aid l+[~rtgasee be~awe aad/or ia, tb~ nrent o! tbe taflurs ~ ~ oa the part of th~ satd Hortgagor to Quly, promptly aad fully parform. dt~charge~ esecut~. aftect, complet~ 3 oomply ~rfth aad abide by each and every t!u aUpulatfona. a~reementa. cond~tlons and ooveaanb oi aald pronW- ~ rorp note. aad Ws mortgaae~ an~ or elther. aad ~ald cwt~. ehaRa~ aad ~pen~e~. ~ach aad ~ver~. sDW D~ !m- ~ ~ medlatelY ~#s and payabie. wrhetber or not tAan be notice. demand. aitampt to oollect os mtt psnding: aad tb~ ~ ~ ten p~tr c.~e tum per annum~.~and all iwatd eo~ ch~tse~ ~ ptp~nw ~o facurr~d palq, W~~wttL ~ cb fa- r y tt1~M~ /~1I O~ NCUi"Od Il~ OZ LL1i n10~ir. ~ . ~ 0~ REC 3086 PG 0 O 1~ n~ PA6E ~ ~ : _ _ _ . ~