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Home My WebLink About2578 r • j 1 ~ T?•i~i~.4•.Tisi•i•.Si•.4•••.~i•.4?.4•••.•.?.S?<r%•.~.•••.?••••s•14•ir••iS?•~~i• ~4riti6'~i•/ri% May .2.~ 1l80.. 't i -12,-000-. 0.0 - - - ~ FOR VALUE RECEIVED, tho undarsiRt+ad, ~o1Mly aced sevorally, PROMISE TO PAY to rho order of ~ .CHESTER R. -.MAT~9.Ui_..and .ANNE. BRUT- MATSON,. his ~ri.~~,.. . . . . TWELVE THOUSANI2_.amd.no/lOQ------------------------------------------ DOLU?RS,~ at 2400 S. Oce~ln DxiVe,Apt.3711, Ft. Piex'G~, - FL 334SQ «weh ether plea N tM holder hereof may designate in wriN~y tesotMr with 1nNrotit from C~Dte shown AbOVe ~ at the rate of 12 $ per centum per annuet on the unpaid balance until maturity. TM said principal and iMarest shall be due and payable as follows: ~ 1'.~ One lump sum payment plus intexest due one year after date shown above. ti THIS NOTE MAY BE PREPAID WITHOUT PENALTY. ~ .3 - • 1 N aNfwh M wudw he 15 ~+rt M the py,eewt e1 eey iese~utwewf of piwcipl M iw/erecl er awl pr1 Nanei, 11tw wltele ww Meet rew•iwNta ~ ww~wi~ wiM iwlenu dull we ttet~ei s ghee (secewte rw ae~ ~ay~le tyilMef Mfitt. Failwr N eaterca~ saclt Mliww cA•N wet cwwsir~ areiwr of ttw ` ~ right re eaereice rM t•,we M fAe ewM e/ whte~wel ~fwh. AHer rwaltreily MNt ~riwci'el a,rr ectrtrd IIIN?N~ t6eN ?oar iwhnsc N.1 Mfr cewlv,w per ewwawt wtil 'wiJ. 1M wel,en en,t wwM.swrs e1 IAic Mee f~tMer wwiw iMwuwd. wwlies s1 wert*eyweew~ awd ~reNCt- M Iltis neN ie eN ?+id a1 ,waw,icy ewI cMe terwe it ~Icce~ wil? M aMerwey fee celbcl.ew, Nte wetierc ~ eedersen Mnel •pN N 'ar aN qsM of gN~cliee, iwcltt~ina eM ce~N aotrs ~w1 reiwn~ble NNrwey lees. ~ WELCOME. MES CON RUCTION NC. -,r _ - ~ ti Attest: - - - - - - - - (SERI) ~ IsEAL) ~~•?.?.•.a•1•.•.•.?.•.•.•rr~•.•.•.•.•/4•.•.•.•.•.•.•.•.•.•. ,•:.:•.•.•.?.•••.•••.:•.•.•.•.•.?.•r•.•~?.•.•.'/.•.•.?.:•.•.~.•/%•••/if/~•~•••.~.M//14?•Mi and shall duly, prompti~ and fully perform, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenants of said prum,seory note and of this mortgage, then this mortgage and •tlte estate hereby created shall cease and be null and vo,d. 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 this mortgage, shall be singular if one only and shall be plural jointly and severally, if more than one, and shall be tna.9culine, feminine and/or neuter, wher- ever the context so implies or admits. r Md saki Mortgagor for himself and his heirs, legal representatives, aucceasora and assigns, hereby coven- ~ ants ana agrees to and with said Mortgagee. hie legal representatives, successors and assigns: 1. To pay all 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 that hereafter may be imposed, suffered, placed, levied or assessed thereupon, and/or that hereafter may be levied or assessed upon this mortgage and/or the indebted- ' Hess 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 tar a, any thereof is of record the same I shall be promptly satisfied and discharged of record and the original official document (such as, for instance, Lhe tax receipt or the satisfaction paper officially endorsed or certitied? 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, satisfied and 'i discharged, •said Mortgagee may at any time pay the same or any part thereof without waiving or affecting E any option,. lien, equity or right under or by virtue of this mortgage, and the full amount of each and every ~ such payment shall be immediately due and i~ayable 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 this mortgage. 8. To place and continuously keep on the buildings now or hereafter situate on said land fire and windstorm 1 insurance in the usual standard policy form, in a sum not less than i..--. in such com- pony or comp^nics as may be approved by sail lUortl;agce: an,1 all such insurance policies on any of said build- ings, any interest therein or part thereof, in the aggraFate sum aforesaid or in excess thereof, shall contain the usual standard mortgagee clause making the logs ur:der said policies, each and every, payable to said Mortgar gee as his interest may appear, and each and every siu•h policy shall be promptly delivered to and held by said 1lfortgagee; and, not less than ten days in advance of the expiration of each policy, to deliver to said Mortgagee a renewal thereof, together with a receipt fir the premium rtf au~h renewal: and there shall be no such insur- once placed on any of said buildings, any interest therein or part 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 a to permit said Mortgagor to receive and use it or any part thereof for other purposes without thereby waiving or impairing any equity. Ilen or right under or by virtue of this mortgage; and in the event said Mortgagor shall z for any reason fail to keep the said premises so inRured. or fail to deliver promptly any of sold policies of insurance to said Dtorigagee, or fail promptly to p:ty fully any premium therefor, or in any respect fail to per- form, discharge, execute, effect, complete, comply with and abide by this covenant, or any part hereof. said Mortg- ogee may place rind pay for such insurance or any part thereof without waiving or affecting any option, lien, ' equity or right under or by virtue of this mortgage, and the full amount of each and every ouch payment shall ; i be immedialely 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 this mortgage. 4. To permit, commit or suffer no waste, impairment or deterioration of sold property or any part thereof. 6. To pay all and singular the costa, charges end expenses, Including reasonable lawyers tees and cost of abstracts of title, incurred or paid at any time by Bald Mortgagee because and/or in the event of the failure s on the part of the said Mortgagor to duly, promptly and fully perform, discharge, execute, effect. complete, s comply with and abide by each and every the stipulations, agreements, conditions and covenants of said promis- sory note, and this mortgage, any or either, and said costs, charges sad expenses. each and every, shall be Im- mediately due and payable, whether or not there be notice, demand, attempt to collect or suit pending: and the ful! amount of each and every such payment shall bear interest from the date Wereof until paid at the rate of tea per centum per annum• and all said coste, charges and expenses ao facurred or paid. together with such ia- terest• shaII bs secured by the lien of this mortgage. a 1 B(~K ~ PAGE