HomeMy WebLinkAbout2279 _ .
s
III}}}~
~rIIt~~P~t ~ttitMl~ii, that if said Mortga,~or aha~i p~ ate the ial'~6 ,alort~ga -
ttkt certain pf+vrn~i~r;ory notep tf w~kich the folloruiRg in wnra~s and flg~w,eitis a t+~s arpy,
to saw:.
_ .
~1,.1~.~~Q_
_~_F9r~ ~ieres , FL~Rmn,. August _ 34__-___ ___19 74_
t
For value t+eccived, 1 tx we, joitttly and tteveraUy, pn:~~~~.~• tt? 1?.,y to the order oI Franklin L. Da~sOn and
- ?
Arabells P. Dawson, his Mife,
~_Fort_ Pierce, _ rl.oRn)n
~ Fift~r-one Thousand Eight Hundred and no/100---------------------
k - - - - - - - UnLLnRS
M
at~~4 Btlchana~p~_~V~,__FQ~~~.~scC! ,Florida, in .eQusl _ -monthly installments of
w -
~x ;.645 •00 _ each, the first inctallntrnt to brconu dnr and payable on _
u or Iw•Iorr the _2Bth_-der of_.--Septes;bBr I't79 ,and cna• inrtalhnrut to Iw•c-acne clctr and Ixtya1,1r on
u or before the-__28~h -.~dtty of etch stxeenlinK nw:utb ~mti! thc• ~~bolr of said iudebU•dnrss is paid, with intrust
x
R (turn - --dllt.~-~,___at the talc ot____~.prr :uumut. a[1d 81aCh dtefault C~0[It~YN=s fO[ ~ t~}i
1f am• installrrtrttt of the note is not paid at the Bute and place spec•ifirtl~ the entire .~uw,unt unpaid shall be
due sad payabk at the ekrtion of the holder hen•of. All Ixtrtics hen•tu, whether makrn, rnclorsen, sureties, ~;uaranton,
ur othcrwtse, hereby waive drntatw~, notice and protest. ~~laced in the tr1L~ an auunw~ for cdkctaxy we jointly
and xverally al~tee to pay reasortabk attorney': fcesc
u Each i,>ustallnrnt first shitll be lied in aPPe P~
app ps~ent of the intszsst ttte~? on the
balance of the principal sue.
Tt~ia note uvy bt prepaid in ntnltt or in part at a~ tiele Mit2vut penalty.
u I)ue
a
u 4005 GreenWOOd Drive tsfnl.~
ncldrrss nt ony ate ce
ort Piares, on ~b
Tekpltowe Ide. 46~•0~3i (SF.nt.~
- Jackqul3nt Patrice i
and ahal~ perjo»'n, co»tpty with. and abide by eseh and every the stipulations,
agreements; conditions and covenants of said- promissory note and of this deed, then
this deed and the estate hereby created shalt ceacse and be null and void.
.~tt~1 the said Mortgagor 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 note and this deed, or either, promptly on the
days respectively the same severalty come due.
E. To pay all and singular the taxes, assessments, leuies, liabilities, obligations
and encumbrances of every nature on said described property each and every, and
if the sense be not promptly paid the Said Mortgagee may at any time pay the same
without u+aiving or affecting the option to foreclose or any right hereunder, and every
payment so made shalt bear interest from the date .thereof at the rate of 10
per cent. per annum.
J. 7'o pay all and singular the costs, ChaTgP.4 and expenses. including lawyer's
fees, reasonably incurred or paid at any time by said Mortgagee because of the foilure
on the part of the said Mortgagor to perform, comply with 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
rate of 10 per cent. per annum.
To keep the building now or hereafter on. said land insured in a sum not
less than ------------------highest insurable value------------------
-------------------------------------Dollars, in a company or companies to
be approved by said Mortgagee, 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 Mortgagee shall have the option to receive and apply the same on account
of the indebtedness~hereby Secured or to permit the Mortgagor to receive and use it, or
any part thereof, for other purposes, without thereby u~riving or impairing any equity
lien or right under or by virtue of this mortgage, and may place cznd pay for such
insurance or any part thereof, without waiving or affecting the option to foreclose or
any right hereunder, and each and every such p~ctymec nt Shall bear interest from date
at the rate of 10 per cent, per annum.
i ~ - ~ 8~~ 315 P~E~'l4