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rnuided ~t11UM a that i said .Mort a or shall a unto the,said ,Mort a ee
the certain promissory note, of ra/eich the jullotz~ing i~t words and ftgrares is a trice copy,
to tvit: ~ ,
s24..~.2.5....4_........»............ ~ Fort Fierce _~,claida .June..9.........A..D...,........»
iOR VAUJE RECEIVED Itsa taudarsiptsad pranisas to ay to ilia acdat d ~ .
..........................................................HERBERT.._PITI..ITZER,
' IIN p.MCio,l ttrta d. fit.-f.Qtr...T~u~ta~~..F__~--,~e~..1Ye~!~tY.:.~i~..~d...3Q/..~.QQE>ol~ar.ls 2..4,525..30-----1.
togsthes wilA irtlactsl ?Mreon frore data. aw Iles ralt d....8u..w~ ................»..._........per eartl, Per .............until maturely, said intesest
be.ng wraw~....atmmually .on Iha lSth._eay d ...February........ of .
each yesr; bah gincysl and inttraA being paysbM in lawful malty d Ilse United States a its squtvaleN, of re$ident address.. .
of payee -
.......................................................„.........sad principal sum to as paYablu a, the d.stes and in tt•a amounts uec:t~sd bal~,~. •••.w..
Annual installments of ,which includes interest at the rate of 6~ per
annun shall be due and pays eon ~e nary 15 of each year following the date of this
ate. As to the first yegr's installment, interest on the u~aid principal balance
shall tin fi~+om Febnary 15, 1979, to February 14, 1980,. tntwithstanding the note is
dated June 9 A.D., 1979.
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Fach installment first shall be applied in payment of the interest and then on the
E unpaid balance-of the principal sum. In any event the entire principal airo~t and
~ aoaaTailated interest, if any, shall be paid in full 20 years Erse date.
a This note may be prepaid in wt>ole or 3n part at any time wittnut penalty.
Each maker and trdasar swerally wtwvas dateartd praesl and naict d ttsalurily, nompaYmaK a praKl and aN requirerttertls nacassarY to hold tach d
t` Iltem liable as makers and endorsers-
- Each nnases and endorses tsrtMr aprtas, jaaly and sevesaNy, to pay all costs of cdltclion, including a rtaso - ' sManey's tea in ust tht prrnapal d
this note a any psyment on IM principal a any inlertsl thes~on is not pad al 11N resptuiw maturity Iherad, a in case H becorats neussary b protect the
sxcurdy hared, whether suit be brought a not
this note and deterred utleresl pay~gMS shall bear iMMesl sl the rats at ten•..(lO) p« caN, per annum Irom tnaturdy until paid.
Tl:~s nde is secured by a $e00M.....matgagt deuce dale herewith and is to be construed and antacid according to the laws d the Slate of tlor•d.a;
upon Default ~n IIN payment d~pr.ncipal andla iMtrtsl due as any Here secured by said Matgagt, notes~so ~i~td
a~ng unpaid shell to.thw~th
txcome dun and payable nolwilhstartding (hair lens n f`(//J_
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sect shall Lerjoz»z, Damply with and abide by each and ~ every the stipulations,
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agreements, conditions and couenants of said promissory note and of this deed, then
this deed and the estate hereby created shall cease and Le null and void. ~
.~ttd the said J'llortgagor hereby covenants and agrees: r
.1. To pay all and singular the principal and intc>rNSt and athPr sums of »zoney
payable hrl rirtue of said promissory Hate anal this dc~c>~1, ar Pithc>r, pramptlrl u~r the
days respectively the sanze> severally come due.
I
To pay all and sin6rclar the ta.res, assessat.rnls, ler•ic>s, liabilitic>s, ~?bli6ations ~
and encumbrances of every ncit.ure o>'t said clc:ccrihed proprrty ear•h sect er~ry, and
~ if the same be not promptly paid the said .Mortgagee may at any time pay the same
II without wai.uing or. aj}ecting the option to foreclose or a.ny right hereunder, and everrJ
i payme~zt so made shall bear interest from the date thereof at the racte of ten (10)
per cent. per annum. -
~'o pay all and singular the costs, charg••s sect expenses. ittcltulin~ lau~yer's
fees, reasonably incurred or paid at any time by said Mortgagee because of the failtcre
on the part cif the satd .Aortgagor to perform, comply with and shade by each and
j ' every the stipulations, a-ggeements, conditions a.n.d couenants of said promissoz7J note
E and this deed, or either, and every srcch payment shall Lear interest Frain date at the
rate of ten (10) per cent. per annum.
To keep the buildi~tg nate~ c,r.herrafter an said land insured i,r a stinr Hat -
lesstlza>•z the highest insurable value--------------------------------
~ -------------------------------------U~,llurs, in a c•a»zpan.il ar rantpanic>s to .
' be approved by said .Mortgagee, and the policy or policies held by and payable to said
~I
I .,iortgagee, and in the event any su.nz of money becomes payable tender stcch policy or ~
~ ~ policies, the ,Mortgagee shall have the option to receive and apply the same o~z account
of the indebtedness herebfij secured or to permit the .Mortgagor to receive and use it, or ~
C any part thereof; for other purposes, wi`horct thc>reby waiving or impairing any equity
lien or ri-ght under or by virtue of this mortgcige, and easy pkcce and pcty for such.
insurance or any part thereof, without u•siuing or af)`'ecting the option to foreclose or
any right hereunder and each and every such payment shall bear interest from date
at the rote of ten (~0) per cent. per annum.
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