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~r11U1~1P11 M11Ut1138. that if said •Alort¢agor shall pcty rrrrto the •suicl ,,lfortgcrgee
the certain prnrraissur~j note', of u•/riclr fire jbllure•irr~+ in words and jigrrres is cr true copy,
to wit:
PROMISSORY RIOTE ~
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20, 000.00.. stuarr. Florid, Octabcr 1 .t4 7~
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-DRL+AI.UG,RFCE!VFD!hei~^.d^r•ig?edpromses:op~y o ^nrd•.r,..
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.ogc"er vfEth i..^.'erest thereon rat t:~± ra'e of _ C~ _ _ C'^r cen! Ter inrum frcra the date tereon imt~! c~atur!ty. Coth pr.;clna! ~ nd ir.•c•c ne'.rtq I+ ~yan'e i~
latitfel me^ey of the tln'Scd 5'a'c euih prircip~! s~;m a^d'n'err,t pa •~h'+• ~n i~5'~"^?eats a : follo~tis
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Suc1 L^s•a'Imtn av: ~ s sha?} h _ r ' d f.rs' to !hz Ir.!e•es• a:. ri~~~ unde• •ea •e•rs o! !his ro`e r.^d f!en !o r ~educ!'t+n of t!;e
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and shall perjornz, rr,nrply with acrd abide by each and every tl:e stipulations,
agreements, conditions and coc+enants of said promissory note and of this deed, then
this deed and the estate hereby created shall cease and be null and void.
.~Itt~ the said ,,1lortgagor hereby covenants and agrees:
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.1. To pay all and sin.~rdar the principal and in.t cr~'st and ~~th~>r sr~m.r uj money
! payable ht/ t•irtue nj said prnmissnrrl n~~tc and lltis decd, nr either, pn,mptlll nn tlzP
clays respectir•ely the sunrc' ser•crully cnnze due.
T« earl all «nd singular the ta.res, assessnrrnts, ler•ics, liabilities, nbliczutions
r s v er•erv nature nn said described proprrty ~a••h and er•rrr/, and
1 card en umbra ace j J
if the same be not promptly paid the said afortgagee may at any time pa.y the same
without u•ai.ving or ajjecting the option to foreclose or any right hereunder, and ez•ery
payment so made shall bear interest from tine date thereof at tJre rate ~f
per cent. per annum.
To pay all and singular the r.•rrsts, clzar~~•s and erprrrxes. including lawyer's
fees, reasonably iraeurred or paid at any time by said Jllortgagee becar~se of the failure
on the hart of tlae said .Rlortgagor to perform, comply with. and abide by each and
even,/ the stipulations, agreements, conditions and covenants of s«id promissory note
and this deed, or either, and every such. payment shall bear interest from date at the
~ I rate of nine per cent. per annum.
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To keep the htrildin6 nz?u• r~r lrerr~ajter rnr said loud insured in a surrr n~~t
1 c;ss t.laun
Uullurs, in a eunapanrl ~~r eurrrpanies to
be approred by said .Ziortgagee, and the policy or policies h.elrl by and payable to said `
j ~ifortgagee, and in the event any src.na of m.on~'y becomes payable under such policy or
` policaes, the •'3lortgagee shall have tlae option to receive and apply the sunze on « ceount
of the indebtedness herebtj secured or to permit the ~furtgagor to receive and use it, or
any part thereof; fur other purposes, ui`horct thereby r~•aic•rng or inrpazring any equity
lien or right under or by virtue of this mortgage, -and nzay place and pay fvr such-
insurance or any part thereof, without waiving or aj~'ecting the option to foreclose sir
! any right lrereurader, arzd each and every such payment shall bear interest frorra date
at the rule of nine leer cent. per annum. ~
E~~32? Pz~E2145