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HomeMy WebLinkAbout0798 i + 13 500.00 arvARZ. Florida..-.......NOVC1[!~C-T...~.~..-........ 1l..~9.... FOR VALUE RECEIVED, the underdgaed, jointlp and se~erallp, PROMISE r0 PAY to the o:der oi Th.~.r..t.e.e~.. T.hAUS.and...E.iye...Hundred...and---OO,~.1.Q0.-.-.-.- -------_-~--1.-._.... DOLLARS, ~ a: 1~uY.c.hineon....H(~>,~-se-..4Q.5.-.S.,...-15.45-..NE.-.O.cean...&lvd-.-,----~tua~t-,•-- Flw :ace o:bet place a: the holder hereolf map designate in writing, together with interest crow date at the rate of ....1.8.-.. per ceatum per arutum on the unpaid balance until maluritp. rite said p:indpal and interest shall be due and payable as follows: i Interest, at the foregoing rate, payable monthly after ~ ' date, Entire principal, together with any unpaid interest, payable in full six (6) months from the date hereof. 3 t If default be made fer ...3 U..-..- d.r. iu t?e payment of say iastallmsnt of principal or interest w any part tbereef, tke rhele sum then remaiain~ +,npaM rit? interest shall at beldcr a optics become due aad payable ritbout notice. Failure to eaenise such option shall net constitute a rairer of the risAt to e,rereise lbe same in the e~eet of subsequeol default. After maturity both principal and accrued interest shall br..r interest at-~l -per eentum yet annum until paid. The waken aad endorsers of this note further rare demand, notice oI eon-payment and protest. It this note s not paid at maturity and the same is placed rich as attorsey ter collection, the makers and endorsers hereof .tree to pay all costs of collection, includia~ all court coats sad reawaa6le attorney teen. 17.-..--.-..~ . _ _ SEALI T rry~nderson - - ..............................(SEAL) ~ C nth•ia L.~-Henderson t ' noel sh.,ll rlula•, pnnnptly and (nll~ pcr(urnr, diach.,rgc, execute, cllcrt, couy?Icu•, conthl} svirh :u,rl shalt by each and every i the stipulatire,c, agrct•nrcuta. tnnduu,na ;urd eocenantc of said promiswry noterud o[ this mortgage, then llus mortgage and the esu-,te hereby created shall ce:,ae :wd he cull and vv,id. - lt is undcrstnocl that each the wools. "ante:' "mortgaGo," :urd "mnrtg:,t;cc" rrpertisely and the pronrnus rc[crring thereto, whether in the singular or phn:rl :ur}whCre in this nu,rtf;agc, shall he aiu};ul.rr if unc onl} .uul sh.rll he. plural jniutly ~ and severally, if more than nne.:urd shall Lc maaculinc, feminine andlar neater, wherever the context so iuq,lics or admits. And slid Mortgat;nr h,r 6inneli and hie heirs, Iel;.d repreaentativcs, wtre?wrs and assi(;rrs, hereb}• eoveuanta and agrees ` to and with said ,,\lortgagcc, his lel;.d rcprescuwtivcs, successors and assigns: 1. Tn pay all and siu~ular the prin,ipal and iutcrcat :uul the various and cuntlry anus of urnncy p.?}able by sitars o[ said promissory note, noel this nrorti;.,f;e, e:,ch and every, promptly on (he drys reapectivel}• the same severally become due. 4 2. 7-o t?ay all and siul;ular the taCCs. aaacsauieuts. Irvics. liabilities. nbtigauonc- :uul im undrranccs of csrn• astute and 1 kind now nn said dcatribcd prol,crtc, .u,d/ur th:u hercaltcr nray he impr.acd. au((crrrl. pl.nr•d. levied nr aaeeaud thereupon, j and/or that hereafter rosy bc• levied nr aaar•aaed upon Chic nrortt;at;c and/nr the iurlchterh,c-aa sec urcd hcrcb}•, each and ever}, when due and payable acconlint; u, L,tc, before they Ix~eunre dctinctuenr, and luirne :urv interest :rnachra c,r :ury penalty is i incurred: and in so far as any thereof is of record tl,t same shall be prourptl} c,taa(icd and divh:ul;ed of record :unl tl,e ar- ~ iginal nflici:d dr,cuntcul (wth aa. Gtr instants. the tax receipt or tl+c s:,tialarlion l+.rpcr ollieially endorsed rn ccrti(,cdj shall be plated in the bands r,( sairJ \Ir,rt~,t;re• scithin ten days nsxl after p.+~uu•u,: and in the eccnl that a,:c !hereof is not sq .II paid, aatiaficd arul diathar~cd- s.nl \Imtr;al;ec ru.,c- :rt arty unu l,:,v the a:uue r.r :u+} part thert•ol without waiviu; or affeet- ing any oplion, lien. ertuity or tii;l,t under or by virtue of floc nrnrtgal;e. and the Intl :annual of each .rod every arch pay- mcut shall be nnnu•diatcl}• due :urd pa}•;rhls and shall I,r.rr fate:cat hour the date thereof unt,t p.,id :rt the rate o[ ten per tentum per auuum and tot;etl,cr with aucb iutcrest shall Le secured by the lieu of tl?ic nr,rll;at;e. 3. -rn plate and contin,ronsly keel, on Ihr buildiul;c now or hcrea(lcr siurate on s:ud land lire and tcindatmm insur- anet in lhs usual standard pulls} form, in a sum not Icss than the hrl;ht•st inaurahlt• value, i?r sw h tnmp.u,v or rnmp.uues as may be approved by eaid \lnrl~at;t•e: and all aucb iuwrancc policira on any n( said huil+hn~., :u,v u+trrcat therein or part thereof, in the agt;rcy;ate sum al+aea:rid nr in excess thereof. sh:,ll concur the uw.rl at:uol.nd nu rty~at;ce clause rnat.iug the lns under acid t,nliciss, each and ever a. p.+sahlc• to said 1lortt;a~es as his iuten•at nraa al,l,c.o. and sac Ir :u,d t•acr}• such policy shall he promptly dchacrcJ to :u.+l held by •.ud \lo,tl;.,f;re: and. not Ica. than u•n dais ,n ada.uur of the cxt,ir.uimr r,l carte polio). to dclrvsr In s:,irl :\Irnr~.rs~re a renewal Iherenf, tn~cthcr with a n•reipt I++r rhr t+?emiunr o1 sorb reut•u~.,l: :col there shall he uo sorb insur:u,ec platr-d on .n,v.,( a,,id huddin~a, :urs• intrrear thc,ein or p_nt thr,enf. unlcae in the (mw :rod with the lose p:,}•.rhle as :dorscairl::+ud in tlrc caent :ura• arnn of u,nnea her onrt•a p.n:,l,lt• under awh I,..iu a nr i,~nc~ u•a ..od \Ir.rty;a~cc • shall base the oplion` to reeeier and appl} rlrc aarnc nn atenunt of ri,r indel,u•+Incaa ascutrcl her+ by n, ,n tu•rmit c.ud ~Iorlga- I;nr to rcceist and use it or :ur} p:+rt Ihcrcof !ur other l,urpnaea without Ihr•,chc a•aicn,p; or in,l,niriuti :rna- crtnu~, lien or 4 right uudcr or by viruce of thin nurrty;.rge: and in tlrc event said \lurli;a;;nr al,:rll lo, .urv reason (.ul to (,erp the said prrnriass so insured. or (:III to flCllat'r pnnnptlc :u,y n( said (?rdiciec of insurance to a:,id ~lurt~;.+;ec. or f:nl pr+nnptl} to I,av fully any premium therefor, or in any respect f.ul w perfnrnr. diachar};e. eaenue, el(er t, cnurpleu•- conrnl~- ac,,h .n++J :rhirJe by this urv- enant. or any part hereof, sail \Inrr~.rt;cc m:r}~ plate and pay Ior curb inaur:u,cc or any p.rrt there+.1 t.uh+n,t s..uv-+nl; or alfettinl;:nw utrlion, lien. crittitc nr rir;h[ unrb-r or I,c s•irnu• of this mnrty;a~;e.:nul the full antounr of c.rrh :uul caety sorb payment shall be immcdiatcly dos and trn}ahle and shall bear iutcrest Iron il.: deu• thereof anal paid et the talc o[ ten per ecntwn per annum and together with such interest shall be aceurcel by the tics of this mnrt~:rt;c. 7•o permit, commit ur suffer nn wauc, impairmcut or deterioration of said pmpcn}• or an}• part thereof. 5- To pay all and sinr;ul:u the mats. ch.ol;ca .urcl expeneta, inctudinf; reavurahtc i.,acvrr'a fees .rod coat of ahattatta n[ title, incurred nr paid at any ante I,v said \lortf;,y;ce hecaure and/ur in the cleat of the lailurr on the i,.ut of the said 1\lortgagor to duly, prompts}- and full}• perform. dischar(;c, cxccutc. c((ctt. cnn,plcu•, cnn,ph Stith :mrl ahi+lc h}• e.,rh :u,d every the stipulation., at;rccrncnts. ronduirnrc and covenants of s.,id promissory not,•. and th,a nu,ng.,t;c.:ury or either. and said costs, rh:uges and t'\1?Ciraea, each and ca'CIy. all.lt) hC InlmCd,alCly llrrC .II+rI p:,a.,Irlc, whether •,r n+,t there hr notirc, de- mand. attempt In rnNeet or quit pending: and the full atenunt of early :urd t•very sorb L:r}nu•nt sl,.~ll hear intrrrat (mm the date thereof until paid at the rate o[ ten per cenunn per aunnm: and all said costs, charges and expeusa so incurred or paid. together willr such interest, shall he secured by the lien of this mongage. d~i~iK X21 ~acE 79?