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HomeMy WebLinkAbout0852 • ~4•.~'~?Y•fry'~i'~if.•••••s•i••••••1r4•••••.'',•••.•i•••i•••••••.•i•••.••••'Yi'i•••.•i'K~ri~i~r••~•~V•iWb•/tr'L~Y'•'i.90O'f~ /~O! V/LLItE O~VEO, ~ wl~rti~li~i• I~i+w1f? +Iw4 . rROMIt~ TO rAY N 1~ ax:i~ ~ . .CHQ~tGg...P..~..SNOT. ~~1d .MANE ~:NO , his wife . ..;,SIXTY-FQUR_.TNOUSANO-.SIX.~iUNpRSO AND. NQ/3;Q9. 0O<tA~:. 2375 N.E. Qcean Blvd. , .Apt.. 2060. $tusrt, FI, 3349! «wdI Mll« Nlaa as th ~411isr h.r..f ~ ~ ! ~rilll iwtr.M from date h~.reof . a~ Na raN d 11~• ~ aiNww ~ tl~lww~l ~w tla ~ew~iair i~ala/+e~ ~ malnrity. Thy aatii ~Iriwai'al Mid MNlyd ~p w d~ ant MY~ as f~Ql~wa: 5642.34 on-the 15th daiy_of February, 1980 and $642.34 or more on the day of every month thereafter-until the total suet be paid in ti u .The entire balance of principal.and interest remaining unpaid as of January 1985 tS62,726.60) ishall become payable in full. Z This note may e~pie-paid at any time without penalty. Interest will. commence on 1 1S 0 ,THIS IS A BfiLLOON NQT$. - N ~larli M Ada a• aka iw /Aa Mroawt a! Mf aM+M~t }f M+~~~ sa i;M«aM ~ Nr ~M /Meiai. 11» ctrl. ww Nw nMisiw~ ryid rri1~ ia~~ aMaY N A~I~aa'a sM»w dw awd pyarM r,iliiiiA • waa:a. • iiilw~ • N~ c,nr.iw. stall. a*Mw a~aM a»1 caataaigM a . ~ ~ t ` c+f~ of sntniae ~ east iw Nr a.w .f wMs~1 dsiwN: /?NN'wN+wYgi bMi ~wci*al ri+ •sa.wd i.N.N1 .Hall M« iNSC~u as ll~j M. ssasam M• aaasss MM Mil. t?s sas~Ma ad smisccan d~ 114 aNN • i'vMsc • vrnw dewwd. eiiia of ~+il+w+t aa~ psiasr. 11 Viii mass Mf pal! of 1 awaiw~ ~ NN awes_is_Rtessd MifA M Nh•w~r f•• dNsc~.iw. ihi a~aksn asst sw~caa MN~ yh• Mr aM c•MS ad c~MatliM, ' aN aw•f 1 c~a•a iwJ asasaa~aMs aMM~•~ f~-i - • S _ _ ~ ~ ~ - t ~ - - Michael ~IC. 'Losure - ti ~ CAP - ~ . - - ate: i ` Pamela I,osifre ~ ~ - (sEl?U ~ _ 1 ~iyi•Y~i'ij•iii•1••iibii~iiiiiiiiiiiii•ii~iii ii :•i?iiviii•.•iiiii~iiii•.•ii•/y4•/ii•~•ii ii•~•iiifiiiii ~•//fi~/~ ~ - - . •~s - ~ - and shall daily. Pro~PUY and ~Y perform. discharge. execute, effect, complete. comply wlvi and abide by each and every the stipulations.- agreements. conditions and covenants of aai•' promissory note and of this mortgage. then this mortgage and the estate Hereby crested shall cease and De null ono void. - .lt is understood that each of the words. "note;' "mortgagor" and "mortgagee" respectively and We pron- ouns referring thereto. whether in the singular or plural anywhere to tills mortgage. shall be singular !f one ody and shall be plural jointly and severally. it more than one, and shall -lie- masculine. feminine and/or neuter. whea+- ever the oontsxt so implies or admits. And said Mortgagor for himself and his Heirs` legal representatives, successors and assigns, hete~y ooven- ants ana agrees to and with said Mortgagee. his legal repreaentativea. successors and assigns: 1. 1b pay aD and singular the principal and interest and the various and sundry sums of money payable by virtue of said promtjaaory note. and this mortgage, each and ev sry.. promptly on the days respecUrely the same severally become due. - - 2 To .pay all and singular the taxes, asaeasmenta. levies. liabilities, obligations and iacumbrances of every nature sad la3nd now oa ~atd described property. and/or that hereafter may be impaaed, suffered. Placed. levied or assessed thereu~wn, and/or that hereafter may be levied or assessed upon this mortgage and/or tIu indebted- ness secured hereby. each and every. when due and payable according to law. before they become delinquent, and before any interest attaches or any penalty is incurred: and in so far ?a any thereof is of record the .same shall be promptly satisfied and discharged of record and the original official document (such as, for instance. _ -the tax receipt or the satisfaction paper officially endorsed or c~rtifiedl shall be placed in the hands o! said Mortgagee within ten days next after payment; and in the event that any thereof to not so paid, satisfied and discharged. said Mortgagee may at any time pay -the same or any part thereof -wRihout waiving or affecting any option, Uen, equity or right iirider or by virtue o[ this mortgage, and the full amount of each and every such payment shall be immediately due and payable .and shall best interest from the date thereof until paid at the rate of ten per centwn per annum and together with such interest shall be uecured by the lien of this mortgage. 3. To place sad continuously keep on the buildings nosar or herea~f,,,,t,e,r,,~~s,lt,u~ate on said land fire and yrtndstorm insurance in the usual standard policy torni, in a sum not less than ~...~g~'. - fn such com- pang or companies as may be approved by said Mortgagee: and all such insurance po icirs on any~of said build- ings, any interest therein or pact t~ereot, in the aggregate sum aforesaid or in excpa thereof, shalt contain the usual standard mortgagee clause making the lcuca under said policies, each and every. payable to said Mortga. gee as his interest may appear. and each and erery su~•h policy shall be promptly delivered to and held by said Mortgagee: and, not less tha_ n ten days in ad~•ance of the expirntion of each policy. to deUver to said Mortgages a renewal thereof, together with a receipt for the premium of mash renewal, and there shall be ao such insur- ance placed on any of said buildings, any interest therein or part thereof. unl~~s in the form asod with the lose payable as aforesaid; and is the event any sum of -money becomes payable under antch policy or policies said Mortgagee shall have the option to receive and apply the name on account of the indebtedness secured hereby or to permit said Mortgagor to receive and u_•e it or any. part thsreo! for other purposes without thereby waiving or impairing a»y equity, ]ten or right under cr by virtu, of tbia mortgage: sad in the event said Mortgagor shall for any reason tail to keep the said premises ao insured, or tea to drliver promptly any of said policies o! insurance to said Mortgagee, or tail promptly to pay ttally any premium therefor. or in any respect :a11 to per- form. discharge. execute. effect, complete, comply with and abidx by this covenant, or any part hereof. said ]Viortg- agar may place and pay for such insurance or any part thea:Mf without waiving or affecting any option, lien, equity or right under or by virtue of this mortgage, and the full arriount of each and every such payment shall be immediately due and payable and shall bear interest from the date thereof with paid at the rate of ten pee centum per annum and together with such interest shall be secured by the lien of this mortgage. - ~ 4. To permit. commit of softer ao waste. impairment or detestotatton of said property or any part theread. ~ 6. To pay all and singular .the costa. charges and expenses. including reasaaable lawyer's fees aim cost of abstracts o[ title. lncurrred or paid at any time by Bald Mortgagee because and/or in the event of the tailors - on the part of ilia acid Mortgagor to duly, Promptly and fully parforam, discharge, execute, effect, complete, comply wiW and abide by each sad every the stipulations, atcreemcnts, coridittons and covenants of said promis- aory note. a~ this mortgage. any or either. and Bald costs. charges -sad expenses. each sad every, sbaU be im- mediately due and payable, whether or sot there be notice, demand, attempt to collect or salt pending; and the tali amount of sash sad every such payment shall bear fatevest from the data tliereM until paid st the rate of ten par ceaitiaa per annum, arid. a31 said costs, charga:a sad expeasss so incurred or paid, Wgethear .with such fn- tereat. shall bs see:ured by tbs lim' of tbls moartgsge. _ - - ~ - - - ~ • _ .