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HomeMy WebLinkAbout2862 a~IVfi~~~iti•.••••ri4•.•.•.•.•.•.•.•.•.•.~i•.'•~.~iti•.~.?•?•'•~i•.~i'.~i'40fIr ~~/fstr~i~iaiai~i'riai~~ _ ...24,_000, 00- iM''RL s 1!'='~ FOR VAIUE RKEIVED, tiN tynds+rsi~end, jointly and severally, PROMISE TO 1~AY to the order of _ ~ . _.~R._ CHARLQTTE..E~HLSE~trIF.N_.. - . - . e _NTX.-k?4UR__THS2uSAH0. ANL2.. No/].00--------.--.------------------------~--COttARS, at 1717 S..E.. YD.sthaVen Gt. ,So,Port St.LLICie,FL 34.52 or wch other plan as the holder ~ _ hereof may desiRnaN in writing together with ieterost from date ShOWA dbOV@ at the cafe of 14 per centum par annum on the unpaid balann anti! maturity. The said prinapal and intoner shall a be duo and payable as follows: $3'13,3 a month, the first payment being due one month from the date soh wit above, and continue for each month thereafter until paid in full. This sum of $ 3,~3 3; paid each month shall first be credited to interest and the remainder. to the principal of this obligation. ~ a THIS NOTE MAY BE PREPAID AT ANY TIME WITHOUT PENALTY. ! H dalwh M wa~a /a 15 bars iw Iha parwawl e/ awy installwee~ of PrinriPa) ar iwhrasf er awr paA IMrao1, IUa wMM sas tAarr nwaiwiwe S wyai~ wi1A iwNrrs~ •Aall at Ml~ar's awe Mrawa ~ asi parable wiMeul netise. FailaN N aaarcisa urcA MIiNn ahaQ wN sawsrifr+h a waiver al /Aa • ri~At N aaareiN !ha saws iw ~M ~aawf a1 se`sa~wwl Ieravls After warvrifp tNNr'rMri'aI awl aerrsaJ inNreN shall Mar iwhrtir of 1 Q $ Per tantvw 'ar aaras,r vw1i1 'ai+. 1Aa wakars sad endarsen a1 Mis nNa trrthar wales ~ewan~, wotara a/ aewya~waat awl prNast. H Mrs wpb is net laid a~ iwa/wify ae~ tlN saws is ~Ia.aJ wdA aw aNarwar rw tatl.cl.an• tAa waYars swd awaarsars Aerae/ apes ~e day all resit ai c~IMr~iaw. :aaprIrwa all seers aosM awJ nasMai,M aM~rway lass. ~ COMSTAT CONSUI~tTING SERVICES, L'1'n. • 1 ( • ~ t y: ~ , (SEAL) Rolf i , President Attest: _ - ~ - t . it'i _ (SEAL) John Gagan', 6~ev`retary - - _ (SEAL) •.g~.•.b•.ai~.•.•.•.•.•.'.•.•.'.'.~ir.•.•.'.•.•.•.•.'.•.:•.•.~.~.a••.iai i i :~i~/i~iaiaia•aiaiaiaiai~iaiai~i :aai jai :~iai~i~.ai i :~iriiaiai~i~i~i~r~i~i~i~iiaaiaiai~ia.~i~i~ib~i and shall duly, promptly and fully perform, discharge, execute, effect, complete, ~ompiy with and abide by each and every the stipulations, agreements. cond?t,ons and covenants of said prurn~ssory. note and of Lhis mortgage. then this mortgage and the estate hereby created shall cease and be null ono void. It is understood that each of the words. "note," ',mortgagor" and "mortgagee" respectively and the pron- ouns referring thereto, whether in the singular or plural anywhere in thla mortgage, shall be singular ft one only and shall be plural jointly and severally, if more than one, and shall be rna.9culine, fem,nine and/or neuter, wher- ever the context so implies or admits. Md said Mortgagor for himself and his heirs, legal representatives, successors and assigns, hereby oovem- ant9 sits agrees to and with said Mortgagee, his legal representatives, successors and assigns: 1. To pay aU and singular the principal and interest and the various and sundry sums of money payable by virtue of said promissory note, and this 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 incumbrances of every nature and kind now on said described property, and %or Lhat hereafter may be imposed, suffered, placed, levied or assessed thereupon, ardlor that hereafter may be levied or assessed upon this mortgage and/or the 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 89 any thereof is o[ record the same shall be promptly satisfied and discharged of record and the onRinal official document (such as, for iruttance, •he tax receipt or the satisfaction paper officially en,iorsed or certified l shall be placed in the hands of said Mortgagee within ten days next after payment; and in the event that any thereof is not so paid, satisfies and discharged, said Mortgagee may at any time pay the same or any part thereof without waiving or affecting any option, lien, equity or nght under or b~• rirtue of thcs mortgage, and the full amount of each and every such payment shall be immediately due ant t~apabte an•:i shall bear interest from the date thereof until paid at the rate of ten .per centum per annum and G,geth,•r w~ih such interest shall be secured by the lien of this mortgage. - 3. To place and continuously keep on the bu;ldin;;s now or hereafter situate on said land fire and windstorm insurance in the usual standard policy form, in a wm not iess than S _ in such com- pany or comp^~ics as may be approved by sa.d Alnrt;;a~,•e; amt all such insurance policies on any of said build- ings, any interest therein or part thereof, in the ag~r.•I:ate sum aforesaid or in excess thereof, shall contain the usual standard mnrt~agee clause making the iess ucd~•r said policies, each and every, payable to 4aid 7?tortga- gee as his interest may appear, and each and Pl'Prv su,•h pol,cy shall be promptly deLvered to and held by said Nlortgsgee; and, not less than ten days in ad~•ance of the expiration of each policy. to deliver to said Mortgagee a renewal thereof, together with a receipt for the premium of st~~-h mnewal: and there shall be no such insur- ance placed on any of said buildings, any mtr•rest therein or. part thereof, unless in the form and with the lose 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 app!_y the same on account of the Indebtedness secured hereby or to permit said Mortgagor to receive and uee it or any part thereof for other purposes without thereby waiving or impairing env equity, lien or right under or by virtue of this mortgage; and in the event Bald Mortgagor shall for any reason fail to keep the said pr•~m,vrs s~ inaumd. or fail to deliver promptly anp of said policies of insurance to caul ~ic~rtgaRFe, or fail pramptlp io pay fully any premium therefor, or in any respect tali to per- form, discharge, execute, effect, complete, comply with and abide by this covenant, or any part hereof, acid Mortg- agee may place and pap for such insurance or any part thereof without waiving or affecting any option, liert, equity or right under or b_y virtue of this mortgage, and the full amount of each and every ouch payment shall be immediately due and payable and shall bear interest from the date thereof until paid at the rate of ten per centum per annum and together with such Interest shall be secured by the lien of Ws mortgage. 4. To permit, commit or suffer no waste, impairment or deterloraUon of said property or any part thereof. 6. To pay all and singular the costs, charges and expenses, including reasonable la~vyer'a fees and ca+t of abstracts of title, incun•ed or paid at any time by said Mortgagee because andior in the event of the fatlurs on the.part of the sold Mortgagor to duly, promptly and fully perform, dlacharge, execute, effect, complete. comply with and abide by each and every the stipulations; agreements, conditions and covenants of said protnls- eory note, and this mortgage, any or either, and said costa, charges and expenses, each and every, shall be im- mediately due and payable, whether or dot there be notice, demand, attempt to collect or salt pending; and the Rill amount of each and every ouch payment shall bear interest from the date thereof until pall at the rate of ten per centum per annum; and all eatd costw, charges and expenses so Incurred or paid. together with such tm- terest, shat! be secured by the lien of Wa mortgage. , e(~327 P~E~