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HomeMy WebLinkAbout0889 .•...•...•.~~~?.•L.fit • Septecber 6 t1~ 3,J0Q.+X? - - - OR VALUE RECEIVED, fife undersigned, ~ointiy and severally, PROMISE TO PAY to the order of . - '~I PfA'iS0~1..al1d.EYA.P~A&SO*1. his wife 1'ioI:F..'!N~USP.1~Q) .~`~?.2~D11Q0--------------------------------------.----~-••($3tU!yJ.JO)-- DOUIIRS, ' 415 3each. 81vd_.- 7rlandn, Florida 32803.. - or wch char place as tM holder ~ ereof may doss nah in writing together with interost from SE~ntt~i~e1' 6 , 1980 • t the rah of _ . - par cantum per annum on the unpaid balance until maturity. The said principal and interest shall due and payabl• as follows: $99 . GS a month, the first payment br=ing due one month from date of ~.~i~ Hate end continue for each month thereafter until paid.. This sun of $99.65 paid each un~:~ s,iall first be credited to interest and the remainder to the principal of this `>li;ration, 1`lis note may be prepaid at any time without penalty. If default be Made for •~n (10) days in die payment of any installment of principal or interest or any part thereof l~lte chagGe of Ten Dollars ($10.U0) ,shall be assessed against .the maker until t'~le ~~stall-:lelit is paid. Ii d+/aoh be nfade fN l0 days iw the payffsowt o! awy iwslallfnont wt priwsipal er iwtonst w awy paA IMrNt, rho whale sww Chow r+asainiwa ~p.~d with inNreN sbaN a1 holdo:s opfiew b+cNw+ du. awd payable w:rbout nonce. railwe h •aorcise socA opiiew sbaM oos caa»titWa waiver of thw fo aaer<isa il~o sawfa iw IM •rowl of svbuywnt dofaulr. A/Nr arahrrity bath pr:wcipa) and arcrwd iwterost sAaU boar iwtfrost at ~ par sNtww•~ anf:~nf vwtil aid. fife wfakors awd ondoraan of Wfis weto hfrtlNr wairo dofwand, we?ica et wenyayw»w1 and proNSt. N this wore is wN paid N ~ P .uriir and fba sanfe is pissed witA aw attorney fa cellost:ew, tiN wuton and owdwson 4ereei apse to pay all ccsh of cwlMdiow, incbfdiwa art cwA i and roasewabM a1NrMy INS. ~ ti x t-tc . • ~ ~i-r.~...~ .v- (SEAL) EI~IA~tD SC~Bi~L ti x (SEAL) `i attest: - - _ JOYCE SCA•~IE~I. and shall duly, promptly and fully perform, discharge, executf•, ettrs•t, conplete, comply with and abide by each and every the stipulations, agreements. conddiuns and covenants n[ stud prnm~s~ory note and of flue mortgage. then this mortgage and the estate hereby created shall cease and be null aria ~•oi,t- 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 It one oNy and shall be plural jointly and severally, if more than one, and shall be miuculine, feminine and/or neuter, wher- ever the context so implies or admits. Md said Mortgagor for himself and his heirs, legal representatives, successors and assigns, hereby coven- ants aria agrees to and with said Mortgagee, his .legal representatives, successors and assigns: I.' To pay all and singular the principal and interest and the variety and sundry sums of money payable by . virtue of said promissory note, and this mortgage, each and every, promptly nn the days respectively the same severally become due. j 2. To pay all and singular the taxes, assessments, levies, 6abihties, obligations and incumbrances of ev=ry nature and k?nd now on said described properly, and.ror that hereafter may be imposed, au[ferrd, placed, le~~ed ~ or assessed thereupon, and/or that hereafter may br Irvied or asq•~csed upon Nis mortgage and or the indebted- ; Hess secured hereby, each and every, when due and payable accoMfng to law, t?etnre they become delinquent, f` and brtore any interest attaches or any penalty ~v incurred: and in so tar as any therrot is of record the same shall be promptly satisfied and discharged of record and the ongfnal official drfcument !such as, for iiutance, ;he tax receipt er the satistactjon paper officially endorsed or certitfedi shall be placed !n the hands of said Mortgagee within ten days next alter payment; and in the event that any thereof fs not ao paid, satisfied and discharged, said Mortgagee may at any time pay the same or any part thereof without waiving or affecting any option, lien, equity or right under or by vir:u~ of this mortgage, and the full amount of each and every surh payment shall he immediately due and /~ayabte anA shall tzar interest from the date thereof until paid at the rate o[ ten per centurn per annum and t~geth~r wrath such interest shall be secured by the lien of this mortgage. - 3. To place and continuously keep on the build figs now or hereafter situate on said land [tee and windstorm fnsurance fn the usual standard policy form, in a sum not less than = MaXiAUm In such com- pany or comp- sirs as may be eppmved by sail htortl;ag~•e: amt all surh fnsurance policies on any of said build- • ings, any interest therein or part thereof, in the aggregate sum atofraaid or in excess thereof, shall contain the usual standard mortgagee clause making the I~.~s ur~lrr said policies. each and every, payable to said Aiortga- gee as his mteres: mat appear, and each and e~•P: y sou h pnbcy shall De promptly dehrered to and held by said 1?tortgagee; and, not less than ten days in adranre of the •xpfraUon of each policy, to deliver to said Mortgagee a renewal thereof. together- with a receipt for thv prrmfum of .~f~h rnnewai: and there shall be no such ifisur- ance placed on asp of Qaid buildings. any interest therein or part thereof, unless in the Corm sod with the Irfss 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 wmr nn account of the Indebtedness secured hereby or to permit said 3fortgaRor to receives and u~t it or any part therm[ for other purposes without thereby waiving or impairing asp equity. lien or right under or by virtue of ttfis mortgage; and in the event said Mortgagor shall for any rPasn:i fall to keep the said premf~rs sn in~urrA. or [ail to deliver promptly any of said policies of insurance to said I?tortg:y[ee, or fail promptly to pay fully- any premium therefor, or in any respect fall to per- form, diecharge, execute. effect, complete, comply with and abide by this covenant. or any part hereof, said Mortg- ~ agee may place and pap for such insurance or any part thereof without waiving or attesting any option, lien, equity or right under nr 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 me of ten per cantum per annum and together with such fnteres[ shall be secured by the lien of Ws mortgage. 4. To permit, commit or suffer no waste, impairment or deterloratlon of said property or any part thereof. 6. To pay W and singular the cwts, charges and expenses, including reasonable lawyer's teq and cwt of .abstracts of title, incurred or paid at any time by said Mortgagee because and!or In the went o[ the tallu» on the part of the said >ti[ortgagor to duly, promptly and fully perform, discharge, execute, effect, completer • comply with and abide by each end every the stlpulaUons, agreements. conditions and covenants of sud promis- ' gory note, and this mortgage, any or either. and said cwts, charges and expenses each acid every, shall be Im- mediately due and payable, whether or not Here be notice, demand, attempt b colk~ct or salt pending' and the still amount of each and every such payment shall bear interest from fife dab thsr+eot until paid at the me of tea per cantum per annum: and all said cwtn, charges and e:peaw so incurred or paid. bgetlier a?1th such fa- i tereat, shW a secured by the lien of this mortgage. iM . X338 P~ 887 s