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~rnuidr~ ttlwtt~a, that if said .Mortgagor shall pay unto the said J1lortgagee
the certain pro»issory note, of rv/tich tlee following ::n words and flgtcres is a true copy,
to wit:
S~MINOLi rORM tT7
4~~~a.a~ tiw. If.. ftdN~ tLrsals ~ sM~+eN Msf~w.n•Mata• lstrddt .
Mortga a Note -
s__...._7,150.00 ~ensen..$~.~~1~.....,Flo<iea..........Ap~.~.~.........~..°..........._.....1980
FOR VALUE RECEIVED tM undersignei promises ro pay ro the «der d
~ ...ALAN,._H,,-_..SIEGEL.••and_ AARON...M.--- SHEVLIN ~
ti,. pruKipal sin ef....~~.~~~...7~'t~ou~and...4lne... ~iur~drdd .and...Fi.~.ty.....~rts~...~Ql.loo.-.-.-.-.-.-..-.-.-.-.-.--....Dealer: ;
togeth.r with irderest thsnon at the .at. d..-•-•-.-ten-•..-.,~ Ce„t a~ rrom -the,-.date.- of.••the execution hereof
until maturity, both principal and interest being payable in (.avrlul Money of the United States, such principal sum and interest payable ~l{XKalfaYe7iKis Fellows: '
All principal and accrued interest shall be due in one lump sum on or
before April /O 1981. - ,
s
-
This note may be prepaid a ~ ime without penalty. -
Such installment payments shall bs applied first to tM iMarast sccruing ands the terms of this note and then to a nduelion d the principal indebtedness.
The makers and erdwsers of this note isKther agree Io wsiw demand, notice of non-payment and protest, and in tM event sad shall be brought 1« the `
j 13 foty krtt0 sw<h.ca~ledioAr.AU.;prYmersts here-
collection Mreof, or the ssm~ has to be 13 upon demand of an attorney, to psY r+asonable aHorney's fees sAa '
under shsft bear interest sf the rate of........_...... perdnl per antwm horn maturity until pd,d. This note is sicUred•by 1 , of even dt~ie hbfiwith and u ro _
i be constnied and edorced according to the laws of the Stets of f!«ida; up~as d•fsuh in rM psyment of principa~ andlo? interest when dw, the whole sum d
principal and inlanst remaining unpaid shell, al the option d the holders, txeome immediately due and payable- Failure ro exercise this option shall not constitute
a waiver of the right to exercise tha same in tM went d wbsequent default.
........:...............:.(SEAL)
Payable at L;ARRY-.. SUTER
..........................................................:................................ISEAl) f
---..ISEAIJ
o. such other place ss shall be
designated by the holder of this
note M writing. .....(SEAL(
fi
and shalt perjorrz, contpty with and abide by each and every the stipulations,
agreements, conditions and couenants of said promissory note and of this deed, then
this deed and the estate hereby created shall cease and be null and void.
.~tl~ the said ~~lortgagor hereby covenants and agrees:
.1. - To pay all anc! singular the principal and interest and other sums of money
payable by virtue of said pmmissnry note and this decd, or eitJter, prorttptlJ c?n the
clays respectit:ely the saute severally eonte due.
To pay all and singular th.e tares, assessntF~nts, levies, liahilitic~s, ~,hli6at.ions
anc! encumbrances of evert nattcre on said described property ea••h .anal evert, and
if the same be not promptly paid the said .Mortgagee r?tay at a-ny time pay tfie same
without waiving or.affeeting the option to foreclose or any right hereunder, and every ;
payment so made shalt bear interest from the date thereof at the rate of thirteen
per cent. per annum.
J. ?'o pay all and singular the costs, charges and .expenses. inc•lrcding lawyer's
fees, reasonably incurred or paid at ctny time by said .rlTortgagee becarese of the failure
on the part of the said .Mortgagor to perform, comply uith• artd abide by each and
everrJ the stipulations, agreements, .conditions and coz,•enant•c of said promissory note
and this deed, or either, and every srcch payment shall bear interest from date at the '
rate of thirteen Per cent. per annum.
~'o keep the building norv or hereafter on said land insured in a stem not
less than ?rlaximum insurable value
Uollurs, in a company or companies to
be approved by said Jllortgagee, and the policy or policies held by and payable to said
.Mortgagee, and in the event any szcm of money becomes payable under such policy or t
policies, the ,Mortgagee shall have the option to receive and apply the same on account
of the indebtedness hereby secured or to permit the .Mortgagor to receive and use it, ur
any part thereof, for other purposes, wi`,hout thereby waiving or impairing' any equity i
lien or right under or by virtue of this mortgage,. and ntay place and pay for such i
insurance or any part thereof, without teaiving or affecting the option to foreclose or
any right hereunder, and each and every such payment shall bear interest from date
at the cute of thirteen per cent. per annum.
8tJ0~ ~M:J PaGE ~8~