HomeMy WebLinkAbout1205 1
1
May 13 8
=_._•426•,•000,.00•-.-.,• STVART. Florida. ll...~....:.
FOR VALUE RECEIVED. the undersigned, joinllr and severally. PROMISE TO PAY to the order oi .
..:w.I.N.1.~R~.I?-..~.~~!?.I~.-..D,All.1.S.;...,AKN..-~i.~..-.LE.IY.I.S-;.....and---MAIIY...E.....LEI~.I.S.. AE.G.ENkfARAT
..F.Qu-.x-..~u~.~r.~d...~w..et?.~.X...S.i~s....Tk~au.s.anti....sold....R.O%1Q.0.-.-..--.-.-.-.-.-.-.-.-..- DOLLARS.
at ....................................................................-.....-.......-.....................................-............-................................or such ocher place as the holder
hereof maT designate in wriling, logeiher with interest irons date al the rats of ...t.en per cesium per sranum on !hs unpaid
balance until asaturitT. The said principal aad interest shall be duo and payable as follows:
$142,000.00, together with interest at the foregoing rate, payable on
May 13, 1981;
$142,000.00, together with interest at the foregoing rate, payable oil
May 13, 1982; and
$142,000.00, together with interest at the foregoing rate, payable on
biay 13, 1983.
The maker may prepay any~part or the whole of this indebtedness at any
time after January 1, 1981, without payment of penalty therefor.
I! derarrlt ba made ter . 3 0. days in the payment of any iwstaltment of principal o? interest er any part t6ereol, the whole sum then rcmaiainp
unpaW rills interest shall at 6~tder a eptioa become due and payable rithout notice. Failure to eaercise such option shall net coastitule a raiver el the
risht to eaeniso the sane in the etrent of subsequent default. Alter maturity both principal and accrued intcresl shall br..r interest at . t n. per centum
Ver annum uwlil paid. The makers and endorsers of this note lurther calve demand, notice of non-payment and protest. 11 this note-i+ not paid at
maturity and the name is placed rich as attorney for collection, the makers and endorsers hereof agree to pay all costs of collection, including all court
costs aad reasonable attersey lees.
BCLLA VIST .
. - ..-_tSEALI
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B
i' (Corporate Seal) y.•~--Gui o• o'its,--••I-ts-~~Pr~-sidetit~-•~-~-- •-•-ISEALI
and sh:dl duly, promptly and fully perform, diatharge, execute, el(cct, couq,letc, conq,l}• acilh and abide by each and evtry
the stipulations, agreements, u,nditiuna :utd u,ceuauts of said promissory note and o[ this mort};agc, then this mortgage and
the estate hcrcby created shall cease and be mull and void.
It is understood that each of the wonk. "note" "mortgagor° and "morgal;cc" rcapcctitcl}• and the prmtouus rdcrring
thereto, whether in the singular or plural anywhere in thin mort{;.tgc, shall be siul;ular it onr only :old shall be plisral jointly
and severally, if more than one, curl shall I?c mauulinc, Irmiuinc and/or neuter, whcrcrc•r the u,ulcct so implies or admits.
Amd slid Murgagor fur himself and hie heirs, Icgal rrprescnWtia•cs, successors and auigns, hcrcby eoaeuants and agrees -
to and with said ?\lortgagee. his Icgal representatives. successors and assigns:
1. To pay all anti sinnuLtr the principal and interest and the various and unddr}• suns of looney pa}able by virtue of
said promissory note. and this mortgage, cacti and every, promptly on the days respectively the sank severally become due.
2. 7'o pay all and sin}~ular the taxes, awcsarnc•uta, levies, liabiliticc. obli};atiuus and iucunlbiauces of carry nature and
kind now on sac<I dcuribcd property, and/or that hcrcaftcr mtay be iml,c,acd, suUrn•d. plar•rd, levied or assessed thcrcul,on,
and/or that hereafter may be levied ur asu•cactl upon this monl;ai;c and/.,r the indcbu•dnrsa scatted hcrcby, each and ra•cry,
when due and payable accordini; u, Ltw, before they become dclinqucnl, :urd beforr :uty inu•rcat atcrches or any penalty is
incurred: and iu so far as any thereof is of rernrd the same shall be: prouy,lly sttisfird and divhalt;rd of record awl the or-
igiual offici:d document (such as. for inacutcc. the tax rc•ccipt or the satisfaction paper o1Gci:dly cndorsrd or certified) ah-all
be place<I in thr hands of slid \lorl{;.~t;rc avithim ten Jaya next after p.ryutruC :uul in the rt•cnt that au}• lhr•rer„ is not so
paid, sttisficd and tlischatgcd, said \lort~al;ce may at any time pay Ute s:unc r,r any part thrtcul without teais•in; or affect-
; ing any option, lien. equity or ril;ht under ur by vinue of lhta mortgage, -rod the lull :unount of each :utd ccety such pay-
meat shall be immediately due and pa}'stile and shall bear inte•rest from the d:rtc thclcof until Laid at the rate o[ ten per
centum prr annum and tol;ether with such intcresl shall be sccurcd by the lien of thin mnri;at;e.
3. To place and cmttinuously keep on thr buildings now or hereafter situ:ue on acid land fire and acind.tonn inaur•
ante in dtc usual standard lwlit}• (onm. in a sots not Ica than the hil;hrsl inatrablc calur. in sorb c~nupan}• or cuutpanics :ts
may be approved Isy said \tortGa~cr :and all curb insurance l,oliries on any of a:rid huildin;,~., nay iutrtest thrrein or hart
thereof, in the agl;rcl;ate cum alnresaid or in excess thereof, shall cmrtain the usual sandald nu,ny;at;ce cL•utse Ina{.iug the
loss unrlcr said politics, cash and ratty. payable to said \Inrtl;a~cc :ra his inlcrcat m:rt• appc.u. and car h and cccry smth },olity
shall be pr+,tnptly clcliscrcd In null held ba• said Alnrtl;:r~re•: and. nrrt Icaa Than ten days in arh:uur of the cxpiratiou of each
I,rdicy, to dchvcr to said ~luttl;al;rc a tcnrwal Ihrn•n(, m};cthrr wttlt a rt•teipt Inc the I„rmiuut of cunt rcncts:d: and there
shall be no such insutauce placed nu any of said huildinl;a, any iutrreat therrm or p:nt thrtt•r,f. mtlcsa in the lotto and will?
the loss payable as afurrctid::uul in thr cvrnt any sots of noon'}• bc•r ou,cs pa}:,blc• unrlcr our h pnlir c or pnhr ira .girl \inrl;a4ee
shall have the option to n•trice and apply the saute rnt account of the indrbrcdncsa.rcuted hcrcby nt to permit said \Inrtga-
got to receive and use it or :ut}• l,:ul thereof lur other purl,osrs without thrrehv teaicittt~ or imp.,itinl; auc equit}•, lien nr
~ right under or by virute of this ntnnt;ay;c: and in the ca•citt wid \lurt~a;;nr shalt fur any tr:rvm Lul In I,rep the said ptrmiaes
I so insured. or rail to drlivrr pnnuptly :uty of said l,rdiciea of insutancc to said \lorli;.rticc, nr fail ptnugal}• to p:ty fully any
. premium therefor, or in any resprtl Ltil to perform. discharl;e, execute, rlie•r t. to,apleu•. comply Leith :std abidr' by Ihia u,v
coast, or any part hcrrnf, said \Inrt~:tl;cc may l,lacc and pay (or sorb iuaururcc or anv part Il~c•rcnf ta-ithout ae.rivin~ or
affcctiug aqy option. lien, equity nr ril;ht nndrr or by virutc of thin usorl;agc, :wd the foil :rnnuuu of each :uul eecrv sucl?
payment shall be immediately due and payable and shall hear intcrcsl from the dal, thrrcof until paid at tltc rate of ten i
per centum per amnum and togcthcr with such intcresl shall be sccurcd by tl?c lien of this mortgal;c. i
'l. To pct•rrtit. comruit ur suffer uo waste. impairment or deterioration of said prol?crty or any hart thereof. 1
5. To pay all and siutiular ihr costs, charl;cs :uul expense's, includin}; rcaa,nablc I:ra~yrr: fees and Lost of absuaets of
' title, iucurrcd nr paid at any lisle by said ~fortl;ai;cc bccamsc and/ur in the cacnt uI ihr Iailutc on the l,:ut of the acid
S Tlortgagor to duly, promptly and fully 1?crfnrm. dischar};c, execute. cffcu. tunlplru•, nnuply aeilh and al?idc by r.tth and
every the stipulations, a);rccmcuta, conditions and an•enants of a.tid prrnnicanr}• Harr. and this nlurt~al;c. any or cithc•r. and i
said costa, chrrgcs and cxl,cuacs, cash and cecry. shall be imnlcdiatcly due soil paaahlc, tslrt•Ihcr nr not thcrr br notice. de- 1
mand, attempt to collect or soil prtulinl;: and the full anlnuut of each :nu) every soh paynu•tn shall hear intrust from the
date thereof until paid at the nle o[ ten per centum per annum: soil all said costs, charges and expeusa so incurred or paid,
togcthcr with such interest, shall be sccurcd by the lien oI this mortgage.
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