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HomeMy WebLinkAbout2745 • ~ ' ' ~r1. ~ 22,x.00. ~ 8TU1iAT. Florida. .~Y...~Q... 1180..... FQR VJlLUE AIECEIV>ED, !Ae underslgrted. Ioiatlr and se~erallr. PROMISE TO PAY fo the order ot .....RICHMOND..M....HARMAN..and..DIANE.I±I....HARIrIAI'1...~1~.s~.ea.f~, ~ .....Ttrenty..Ttro .Thousand..and..No/100ths-------.-----e------.:.---r-----r--......-.- DOLLARS. a! 517_.t• ..H~Ye>r...~''Q~1'1:~..,~'.~Y.e.a..~ua~'t.a...FlOrid8...3~~!Q~......................... ....or such oiber place as fhe holdes pe pa heeeo! mar designate fst wtrUiap. together with ialeresi from date at the rate of 19l~ per centum r annum oa the ua id balance until maturUr. The said principal sad ialeres! shall be due acrd parable as follows: In equal monthly installments of X199.93, including principal and interest, the first such payment being due one (1) month from the date of this note and each month thereafter until May 20, 1985, at which time all remaining principal and interest shall be due and payable in full. ' i TIIIS NOTE MAY BE PREPAID IN PART OR WHOLE AT ANYTIME WITHOUT PAYMENT OF PENALTY ~ THEREFOR. 11 delwult M wade /.r .r30-.. iw t`e oarw?ewl et awr iwatdtw?ent et t..iwctoal K iwlereat er u> ~a?t t\ereol, Ue vhete ww tkew rewaiwiw~ unpaid ~itk interest shall at ketder'e e~tiew lwcewe due awd ~a>.asle trlthewt wetice. Failure to carrcise sucA gtien shall wet cewstitute tees el tke I ri~kt b eeerctae tke aa,we .iw the tent e1 au?segnewt default. Alter twaturitr ?etk ~riwdNl awd accrued iwtrrral shall k..r iwtereal at lU~i twer cewlnw yes awwnw nwtil Nid. The erasers awd ewdersera e( this wore lurtker eraiee dew,awd, wetice el wen-~araewt and (t?otesl. 11 thin were is wet at matn?itr awd tke aarwe Is Placed .eitk as atterws~ le? celketioa, the wakes sad swderaera bereol ages to Nf all testa et collectiew, twcludte~ afl cewt ~1 teats awd reaaeaa?le attirwer teen. • l 1 ~ JJs / H~.~hard T~ LloY.d . ..ISFJILI 1 tic ~ar L. LIo -d - I ....ISEAI.1+ .....-/s/--parole•-R.•--Lloyd 1 Carole R. Lloyd . E acrd shall duly, protal?tly and fully pcr(onn, diuhargc, execute, clfert. coniplctc, crnuply with curl shalt by cash and every the stipulations. agrcrntcnts, u,nlitiunc :nut u,scuauts of said promiswry note and o[ this mortgage, then this mortgage atad the cute hereby treated shall cease and he null and void. It i understood that each o[ the words, "once" "mortgagor" and "mortgagee" rey,cctiscly and the pronouns referring thereto, whether iu rile singular or plut:?1 anywhere iu chic mortgage, shall I?c singular i[ onr only and aliall be plural jointly and severally, i( more than nnc, and shall 1?c macculinc, (cKrtiuine and/or neuter, whcrcvrr the context so inthlies or admire. Aud sail MonRagor G,rbimsclf and his heirs. Icgal rc(,re.rutatives. wrccssors and assigns, hereby coreuants and agrees to and with said Mortgagee. his Icgal rcpresenutives, successors and soigne: 1. To pay all and singular the principal and interest and the various and sundry soots of mm,cy pa~al?Ic by rirutc of said promissory note, and this tiiortgaRe, each and cvcry. promptly ou the days reslxctivcly the same severally become due. 2. 7o pay all and singular nc~ taxes, asusstncntc, levies, liabilities, obligatims and iueumbrauces of cscry nature and kind now on said described property, curl/or that hereafter Wray he imlx?scd, utf(crcd. plarr<I, Ics~icd or ascccscd thcrcultou. and/or that hereafter may he levictl or asscccetl ul?crit this mortgage and/nr the indcbu•dncsc secured hereby, each and cvcry. when due and payable acconliug to law, before they ixcnme dclinclucut. and before any inu•rca attaches or :u,y penalty is i iucurrcd: and iu so far as any thereof is u( record the same shall I,c promptly zuisfied and dischatgr•rl of record and die or- iginal official doconieut (such as. (nr incruice. the tax receipt or the t:uis(artion (?al,er ulliri:dly endorsed or certi(inlj shall he place+l in thr hands of said ;,Inn~;.~t;cc within ten days next after h:,tuicur.:uul in the scent thet any th+•rco; is not so paid, satisfied and discharged, stud ,,\lortgagee luny at any time pay the same r?r any part thcicol without svais•in; ur af(ect- ing any option, lien. ccluity or right under ur by virtue of tint ntortgagc, and the Ittll an,mn,t of each ant[ ccery such pay- meat shall be imnirdiatcly due :aid payaldc :aid shall bear intcrcu lrom_thc d:uc thereof until said at the rate o[ ten per centum prr annum and together wiQt such intcrest shall he secured by the lieu u( this mortgage. ? t 3. To place and continuously keep cot the bitildingc now or hereafter situate nu said laud (ire and windstorm incur- ~ ante iu the tonal standard policy farm, iu a sum not Ices than the bighrst iusurahlr value. in such c?nnp:u,y or rnmpantes as ~ may be approccd by said Mortgagee: and all such iusurancc l,olicics on any of s:,id buildin;,•., any inu•rc+t therein nr part thereof, in the aggregate sum alnteciid nr in excess thereof, shall cooetin the ueu::l suu,daid muctg::gce clause conking the Ines wider said l,olicics, each and r•rc,y. p.:yablc to said ~Inrtgagce as his intcrest mar appear. and ca:h and cc-cry such Ix,licy i shall he promptly dcliscrcd to :uul held I,y said ~IortgaRec•: and.-not Ices than Icn days in adc•:nur of the expiration u( each ~ 1„dicy, to dclivcr to said ~(ottgaFre a renowal thcn•,?(, rogcthrr with a receipt Inc nc~ Incmiinn ri( such rcnewal::u?d there shall he uo such iusurancc plate+) on any of said buildings, :uiy inlerect ther+•in nr p:ut thert•nf. nnlesc in the frnw atu) with L the lost payable ac aforre:ti+l:_ and in the evriit any soot u[ money be+nmes pay:,l,lt• unrlcr su+h pnli+ s~ r,r Ir,Gr its s.iid \luny;agee shall have the option to n•cei~•c and apply the same cot account of die indcl?tedncsc scented he•rcb~• ni to permit s:?id ..\lortga- gnr to rcccice and use tt or any I,ari thereof for other. hurl?„ccs without thereby a~ais•int; ur imp:,iting :n,c tyuuy, lieu or right unrlcr or by virtue of chic morigage: and in the event said ~(nrtl;a;;nr slcill (or any rras„u Lul to krcp the said picmises so insured, or (ail to dclivcr promptly any r?( said lxdiciec of iusurancc to said ,,\lurtl;.:gee, or L',il pnmtl,tly to Iris fully any premium therefor, or in any respc•rt (ail to perform. disthar~;e. cxecuu•, rf(cr t. txnoplctc. cnntply ccith :u:+l abide by this utv- I enant, or any hart hereof, said Mortg.gee may place and pay (nr such insuruice or any part thcrcn( ~tcitbout w.?ic•ntg or affecting aqy option, lien, crloity or right under or by viruic of this ntortgrgc, and the foil amount of e.uh and es-cn such ~ payment shall be immediately due and pa}able and shall hear iuterest Irmo the date rherc•n( until paid at t_he rate of ten per centum per annum and together with such intcrest shall be secured by the lien of this mortgage. 1'o permit, commit or suffer no waste, impairment or dctcrior::iimt of said property or any part thereof. 5. To pay all and singular the cmtc, c6argce :rod expenses, including rcac„nable l:+wyr•r'• fees :uul cost of :?baraetc of i title, iucurrcd or paid at any time by said Mortgagee i,ccause antUor iu the cccnt u( the failure m, the pert of the said 1?(ortgagor to duly. promptly and fully I,erfnrm. clischarge. execute. effect. cuuy,lctc, comply with and abide by each and - every the stipulations, agrccmcutc. cmulitionc and cnvcuants of s.tid promissory nntr. ai,rl this nu?rtgagc. any or either. and said costs, charges and exl,euccs, cash and every. shall ice immediately due and p:n-able, cshcther •,r not chest IM notice, de- ~ mand. auempl to collect or suit pending: and the full au)nunl o[ each :uul es•cry smh p:,ynu•nt slnll bear intcrest (ram the date thereof until paid at the rate of ten per cenu::-i per annum: and all said costs, chargcc and expenses so incurred or paid. together with such intcrest. shall be secured by the lieu of this mortgage. • 8331 p~274i