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Home My WebLink About1491 ~ ~i~ioioi~iL'a'a'~'~'~'a'a'~'~'a~~a~a~~a~~a~i~a~a~a~a~a~~~~~~~~~a~a~~~a~a~a~i~a~ii'~oi~i~i~iaiai~i~iai~iRiaiai~i~i~i'rSr'i~i'i'~'a'i~i'~ s lo,ooo.oo _ 1~ Ma.R. >I9ea fOR VALUE RECEIVED, tlM undersigned, iointly and soverally, PROMISE TO PAY to the seder of - ' ~ • a ARTHUR..V... 1aTOflLpRIIIGH....-.and EUNICE M. WOOLDRIDGE .his wife.. --TEN.. THOUSANp;....dallars and no cents------------. - DOLLARS; 1 at 11478 _SW 1Dth-- COUrt, Ft. Lauderdale, Fl . 3328 or such other place as the holder r1 date shown above ~ hereof may desigeate in writing together with interest from at the rate of 9$ - ..per centum per annum on the unpaid balance until maturity. The said principal and interest shall be due and payable as fellows: 5126.68 a month, the first payment being due one month from the date ti shwon above, and continue for each month thereafter until paid in full. This sum of $126 . G8 pa ici c`a>tch month :;;hal I f i r~:t hc~ credited to interest and the remainder to the i~rincipal of this obligation. THIS NOTE MAY BE PREPAID AT ANY TIME WITHOUT PENALTY. ~ ! ~ ~ 1 ~ des s iw fife ~ w,ewt e1 aw iwrtallwtewt of nwti al a iwNnst er aw aA IMrN1, IM whsle toiw tAew ?ewtainiwa N delarrN be rwade fee Y P Y Y P P Y r ~ unpaid wink rwterert rAall.at holdor'? eptrew Aerewx doo awd payable without wence iarler* ro eteraire rock optiww rAaN wet cewrtirtrte • waiver e! tM ~ ,;y6t N~ eaeniN ?M rawer in tAe eeewt el awbwawwt de{alt. Aiter rwatwity (rotA pr,wcipa) and arrrwd iwNrerf" ttiaN ?eer cwNrett at ~ 1 ~ per cowtviw ~ par ewwes wtil paid. lAe wtaken awd ewdersers e/ tAir wets Irrlher wage dew,awd, wotire of now-Paymowt awd prNost. M thn wwb ,s not paid at ~ •natvriey awd Il,e rawre it glared wdlt aw atterwey Ior rellett.ew. tAe rwaiYen awd ewdenars Mreet agree le pay aN cerM of cellatliew, iwclvdiwa all cet,rt coos ewd narewatale etterweY fees. r~ l ' . f ( ' ~ j ~ ' . i. (SEAL) ~ij{•f - - ' • ' (SEAL) Attest: - % ~i ~ t_ ~ ~ t ~ < < t ~a a _ ~ (SEAL) ~ . ~•.~Ja~ a ~_~~.a.a_i.~ . a i ~..-~.a...a_a_a.a.i ~ ~ i ...-a :::::•.:'.'.'.~::.~i~.'.'tai'.~i'~'i'a~i'i'iai•.'.:::::'.'.:•...i i ~ ` and shall duly, promptly and fully perform, discharge, execute. effect, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenants of said promissory note and of this mortgage. then this mortgage and the estate hereby created shall cease and t?e null aria void. It is understood that each of the words. "note," "mortgagor" and "mortgagee' respectively end the pron- ouns referring thereto, whether in the singular or plural anywhere in this mortgage, shall be singular it one only and shall be plural jointly and severally, i[ more than one, and shall be tnagculine, feminine and/or neuter. wher- ever the context so imphes or admits. And said Mortgagor for himself and his heirs, legal representatives, successors and assigns. hereby coven- ants aria agrees to and with said Mortgagee, his legal representatives, successors and assigns: 1. To pay aU and singular the ptincipa! and interest and the various and sundry sums o[ money payable by virtue of said promissory note, and Lhia mortgage, each and every, promptly on the days respectively the same severally become due. 2. To pay all and singular the taxes, assessments, levies, liabilities, obligations and lncumbrances of every nature and kind now on said described property, and nor that hereafter may be imposed, suffered, placed, le~~ed or assessed thereupon, andlor that hereafter may be levied or asgcssed upon this mortgage-and; or the indebted- ness secured hereby, each and every, when due and payable .according to law, be tore they become delinquent. and before any interest attaches or any penalty is incurred; and in so far as any thereof is of record the same shall be promptly satisfied and'dischar~rd of record and the original official document (such aa, for instance, •he tax receipt or the satisfaction paper officially emiorsed or cetKified? shalt be placed 1n the hands of said Mortgagee within ten days next after Payment; and in the event that any therebt is not so paid, satisfied and discharged, said 1liortgagee may at any time pay the same or any .Part thereof without waia~ng or affecting any option. lien, equity or right under or by virtue of the mortgage, and the full amount of each and every g such payment shall be immediately due an~i {~ay:,btc :+nil shall bear interest from the date thereof until paid $ at the rate of ten per centum per annum and tr~grthrr with such interest shall be secured by the lien of thin e mortgage. l a 3. To plact and continuously keep on the bu~ldin;;s now or hereafter situate on said land fire and windstorm insurance. in the usual standard policy Corm, in a Burn not less than ~ In such com- pany or comp^ Hies as may be approved by sail DTr,rt;;a~,•e; and all such insurance policies on any of said buiid- ings, any interest therein or part thereof, in the a~t'rc•kate sum aforesaid or -in excess thereof, shall contain the usual standard mortgagee clause making the 1~•~s ur.d•'r said Policies. each and every, payable to said Mortga- gee as his interest may appear. and each and ea•ery sv~ h PnUcy shall be promptly delivered to and held by said ~Iortgagee; and, not less than ten days in ariranoe of the expiration of each policy, to deliver to said btortgaRee a renewal thereof. to>ether with a receipt tnr the Premium or am•h renewal: and there shall be no such insur- e ance placed on any of said buildings, any interest *.herein or Pari thereof, unless in the form and with the loss payable as aforesaid; and in the event any sum of money becomes payable under such policy or policies said Mortgagee shall have the option to receive and apply the same on account of the indebtedness secured hereby or ~ to Permit said Mortgagor to receive and ,ice it or any Pari thereof for other purposes without thereby waiving or impairing any equity, lien or right under nr by virtue of this mortgage; and in the event said Mortgagor shall for any rezs~a [ail to keep the said- premixes so in~umd. or fail to deliver promptly .any of said policies of insuresgce to said ~torLgagee, or fail promptly to pay lolly any premium therefor, or in any respect tail to per- form. discharge, execute, effect, complete, comely aa-ith and abide by this covenant, or any Part hereof, said Mertg- ages may place and pay for such insurance or any Part thereof without waiving or affecting any option, lien, equity ar r.Fhi under car b} v:rtuc o! t!:is mortgage, a::•? tl:e t!s!I a*laount nt oar•h wnd Peery such payment shall be immediately due and payable and shall bear ,ntPrest from the date thereof until paid at the rate of ten per ~ centum per annum and together with ouch Interest shall be secured by the lien of this mortgage. x 4. To permit, commit or suffer no waste, impairment or deterioration of said property or any part thereof. . 6. To pay all and singular the costs, charges and expenses, including reasonable. lawyer's tees and cwt of abstracla of title, Incurred or paid at any time by said btorigagee because and/or 4i! the event of the failure on the part of the said Mortgagor to duly, promptly and fully perform, discharge, execute, effect, complete. comply with and abide by each and every the stipulations, agreements, conditions and covenants of said promla- sory note, and this mortgage. any or either, and said costs, charges and expenses, each and every, shall be Im- mediately due and payable, whether or not there be notice, demand, attempt- to col{ect or cult pending: and the full amount of each and every such payment shall bear interest from the date thereof untU paid at the rate of ten per centum per annum: and all said cwte, charges and expenses ao incurred or paid, together with such !n- terest, rhall be secured Dy the Ifen of this mortgage. g~~327 Pd~E1490 ~ _ ~ -