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HomeMy WebLinkAbout1073 _ ti~i~/r4~WIIrLri4~i'i4'~~i~Jr~iSr'i'i~ 'i'i'iti'i~'i'i'i'ri'i~i~iVV~i'~i4'i'r'i'i'i~'rRi~'i'i'r'i'~11Vt~ s 12,00 . on - ~ / ~ j~ 8 0.. fOR VALUE RECEIVED, the undarsi~liad, Ni~Ny sad savarally, !•ROMIti TO !•AY to tM ~dw of .ROBERT.. S ...WILSQlI_and_1MA1tILYN T.. WILSON, -_his wife,-- - • - • ~ TWELVE. THOVSANIZ_$nd_no/lOQ--------------.--------.---•-----------.~~..--.---DOtu?I~t, i at Lot 881, Venture .Three,.-Jensen Beach,.. Florida ..334.57 - e. wch other piss as the holder heraef stay dasionaN M writino tooathar with intanst from N/. A.... ~ • ~ at the rata of 0 par cantata par annum on the unpaid balance until maturity. TM said principal and imarest shall be due and payable as follows: One lump sum payment of $12,000.00 due in full October 1, 1980. THIS NOTE MAY BE PREPAID AT ANY TIME WITHOUT PENALTY. ~ ~ N IehwM be want ter days iw tlce'aTwewt e/ awT iwtbMcMwt e/ priweipal e? iwNrett ea awr pa,t tAene/. the vrAeM wiw Ibecc rewaiw.w~ wpail wrM iwterect sAall at Aeldei s ept.ew lecewa dw awd parable witMW wetice. iadwe N earraiM tuck wptiww cAaN wet cewatitcrle • waiver o/ the ryAt is eaercise tM taww iw rM evawt el to?cegwwl dafawlt. Alter watwitr MtU priwcyal awd accrwd iwNrett sAaq Itea? iwNrest at per cewtvw per awwww wti) paid. TM wa~ara awd ewdenars el tAia weN fwAAar ~Iaire desawd. weNCe e/ wew~parwewt awd preNtt. N this were ~t wet paid N wutvrity awd tAe caww is placed «~tb M attorwaT /ar ceMect.ew, tAe waken awd ewdersera M?eel apes to par ant cesM el cellectiew, iwchtliwa all cowl ~ ~ casts awd reaaewa?le ,tterwey leas w (SEAL) William J. amero Attest: ~ . (SEAL) ~ Mary B. Cameron ~ ~ (SEAL) ~/~i~~1~i~i~ifi~i'i~i~i~iii'i'i i i~••i'i •~ii'i~i'i~i'i~i~i'i'i i iii ~'i :~i~i'iii'i~i~•'•'i'i'i'i'i''~~i~i~i'i'i'i~i~i~i~i'i~i'i'i i~i'•i'i'i'i~i'i~ii'i : i~i~i~iri'i~i~i'i~i~i~i~i and shall duly, promptly and fully perform, discharge, execute, effect. complete, comply with and abide by each and every the stipulations, agreements, conddions and covenants of said prumissory note and of this mortgage. ` then this mortgage and the estate hereby created shall cease and be null and ~•o?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 thfs mortgage, shall be singular it one only and shall be plural jointly and severally, if more than one, and shall De tna.9culine, feminine and/or neuter. wher- ever the context ao implies or admits. Md said Mortgagor for himself and his heirs, legal representatives, successors and assigns, hereby coven- ants ana agrees to and with said 1?fortgagee, his 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, le~tied or assessed thereupon, and/or that hereafter may be levied or assessed upon this mortgage and/or the indebted- f 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 tar as any thereof is of record the same shall be promptly satisfied and discharged of record and the original official document Isuch as, for ituttance, :he tax receipt or the satisfaction paper officially endorsed or certified? shall be placed in the hands o[ said Mortgagee within ten days next after payment; and in the event that any thereof is not so paid, satisfied and discharged, said 1?tortgagee may at any time pay the same or any part thereto without wai~•ing or affecting any option, lien, equity or right under or by ~•trti?e of this mortgage, and the full amount of each and every ~ such payment shall be immediately due sari {~ayabie and sfiall bear inietrst from the date thereof until paid f at the rate of ten per centurn per annum and t=~geth~r with such interest shall be secured by the lien of this mortgage. ~ 3. To place and. continuously keep on the bu:tciinfie now or hereafter aftuate on said land fire and windstorm insurance in the usual standard policy form, in a Qum not less than = fn such corn- ` pany or comp~~aies as may be approved by Qai~l Mort{;ag~•e; salt all such insurance policies on any of said build- ` tags, any interest therein or part thereof, in the aggregate sum aforesaid or in excess thereof, shall contain the ti ~ usual standard mortgagee clause making the luc9 under said policies, each and every, payable to said 1lfortga- i gee as his interest may appear, and each and e~•ery su=•h policy shall be promptly delivered to and held by said bortgagee; and, not less than ten days in ad~•an~e of the expiration of each policy, to deliver to said Mortgagee a renewal thereof, together with a receipt fur the premium of a~irh renewal: and there shall be no such insur- ance placed on any of Qaid buildings. any interest therein or part thereof, unless in the form and with the loss t payable as aforesaid: and in the event any sum of money becomes payable under such policy or policies said I Mortgagee shall have the option to recei~•e and apply the same on account of the indebtedness secured hereby or to permit said Mortgagor to receive and uQC it or any part thereof for other purposes without thereby waiving or impairing any equity. lien or right under or by virtue of this mortgage; and in Lhe event sold Mortgagor shall for any reason [ail to keep the said premises so lnsumd, or fail to deliver promptly any of acid policies of insurance to said mortgagee. or fail promptly to pay 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- agee may place and 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 such payment shall be immediately due and payable and shall bear interest from the date thereof until paid at the rate of ten per centurn 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 deterloratlon of said property or any part thereof. i 6. To pay all and singular the costa, charges and expenses, including reasonable lawyer's fees and cost of abstracts of title, Incurred or paid at any time by said Mortgagee because and/or in the event of the failure on the part of the said Mortgagor to duly, promptly and fully perform. discharge, execute, effect. complete. ( rnmply with and abide by each and every the stipulations, agreements. conditions and covenants o[ said promis- ~ spry note, and this mortgage, any or either, and said costs, charges and expenses, each and every, shall be Im- i mediately due and payable, whether or not there be notice, demand, attempt to collect or salt pending: and the full amount of each and every such payment shall bear interest from the date thereof untU paid at the rate of ten per centttm per annum, and all said costa, charges and expenses so incurred or paid. together alth such In- terest. shat be secured by the lien of this mortgage. 't r eoac~2 PecF~.~ - - _ -~y