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Home My WebLink About0025s~77 . 50~.00 Stuart F~o.~a. January 6, ~s 81 FOR VAIUE iiECE1VE0, tM v~+da rnd, loint{y ~nd NwnNy. PROMISE TO PAY to h~ ord~r ol AOUA RABELLA ASSO~IATES, a Florida General ~artnershi~, f,~]~ HUND F SEVENTY SEVEN THOUSAND , FI VE HUNDRED AND NO / 100- ------- ppL~ARS. ,~ BOX 72 , Fairborn , Oh~O 45~`L4 ~ o~ wcAoth~r pl~c~ ~stl+~holda 12° t . n~.~ol m~y d~s~On~t~ ~n w-itiny. to~t1~N wilh iMa~sl f~om d~t~ ~t th~ r~t~ o/ ~PN tintum pu ~ ) th~ unpaid b~laee~ u~td m~tu~~ty. rh..id p.u+c~w~•~,a ~~t....+ ~I+,u b. aw.~a P.r,b~. on January 6, 1982 . ;!~ ~ Pre-payment of principal and/or interest. in p ,~ in full~ may be made at any time wiChout penalty. ~ Obligor shall have no personal li.ability with respec he debt hereby created and is ~~c~ ttus rbte «~iy ~ tus ~~~~ty as TYiistee. 1/ de~autt De msOe Ip~ 30 O~YS In tn~ OsYm~nt oLf •nY Intit~llm~nt o~ prlnclpa~ or Int~.est o~ a~Y D~rt t~~reo~. tne who~e sum tnen r~m~intny unp~ld with ~~l~~est fhall i1 hO1Qtt'1 OpllOf~ b~coma ove s~d OsYSb~e wft~out n011t~. Fit=u-e to ~xe~cls~ suc~ oot~on s~a~~ nOt co~s~ t~yt~ a waiver o~ fns r~qht t0 fx~rC~!! ih~ f~mt In Iht tvlf-t Ot SYbf~qUtnt tl!}~Wl. Attlr m~lurltY ~Olh D-Int10~1 in0 1ttr~e0 Intlrtlt sn~ii plar ~nt~reft ~t~Q~De~ c~ntum Dt~ a~~uM u~ll~ Oa~O. Tht m~k~~~ a~0 anaors~rt ot ~nli not• 1urlh~r wslw eeman0. ~otlc~ o~ non•paYmen~ ind O~Ot~st. 1~ t~~s not~ +s not pa~d ~t maturlty an0 th~ i~rt+i Is D~~ted wlth ~n ~Ilb-MY 10~ tO~~~Ct~On. th~ m~kerf ~nd ~nd0~fl~t hN~O~ ay~~~ t0 D~Y ~~~ COSt! Of CO~I~Cl10~, ~~c~uai~q a~i cou~t costt a~d ~e~lOn~Ol~ ~llornlY fNt. • ISEAL- J J. , as tee _ 15EA1) ISEAL) ` ,..~*uc. urnra. sw~w ~w«w and shall duly. promptly and [u11y pertorcn, discharge. cxecute. cffcct, completc, comply with and abide by each and ev~ry tht uipulations, agreemencs. couditious and covenanu ot said promissory noce aiid o[ this mortgage, chen this mortga~e and the eswte hereby created shall cea~e and be null and ~•oid. ~ It is undentood that each of the words. "note;' "mortgagoi' and "mortgagee" respecti~-ely and thc pronouns referring thereto, whether in tht singular or plural anywhere in this mortRage, shall be singular it oue onl}• and shall be plural jointlr and sevenlly. iE morc thin on~, and shal{ be masculine, feminine and?or ncuter. where~•er the context so implies or admits And said ~tortgagor (or himself aud his heirs, leqal repreee~ieati.•es, successor. and auiRns, hereby cmenants and aqrees to and with said \fortgagee, his legal reprrsenutives, succtssors and asaiRns: l. To pay all and singular the principal and interest and d~e ~~arious and sundr} sum. ot moncy pa~•ahle by ~irtue oi said promissory note, and this mortgage, each and e~•ery, prompdy on the da~~s respecti~•eh• the same secerallv Fxcome due. 2. To paq all and sinqular the tazes, assesunents. levits, liabilitie~. obligations aud incumbrances ot e~•enr nature anci kind now on said de~crilxd proPeny, and~ or that herea(ter ma~ be imJwsed, suffered, pla~ed, !e~•ied or assessecl thereu~~~.. and/or that hereafter may be le~ied or assesscd upon this mortRaqe and; or the i+~debteclne.s ucured h~reb~•, each and e~•er~~. when due and payablt accordiug to law, be[ore they become deliuyue~t, and betore am• iuterest attachec nz ain• peualt}• is incurred; and in so tar as any thereo[ is of record the samt shall be pmmptly satis(ied and dischar~;ecl ot record and the ~r- iginal officul document (wd- u. tor insance, the tax reteipt or the sati•factirn~ p~~xr o((itialh• euJorsed nr certifial) shall be placed in the hands ot said \tortgaRee with+n ten days next after p:,~mcnt: and in the e.•ent ~hac anc thcreof is not so p~id, satisfied and discharged, said ~lortgaqet may at an} time ra~• the same or am~ part thereof rvithout vrai~•inR or atfect- ing any option, litn, equity or righ[ under or by~ ~•ireue of thw mortRaRe. and the (ull amow~~ ut each aud e.er.• cuch pav- ment shall be immediatdr due aud payabie and shall btar interett kcun thc datc thrrrnf until p~id :~t ~hc ratc ot tcn ~~r centum per annum aud toRether with such iuterest shall be secured bv tl~t licn ot this mnnRaRe. 3. To place and continuousl} keep on the buitdings noM or herealter situate on saict 1•rud tire :+ncl a•incl•torm insur- ance in the usual standard polic~ torm, in a sum not less than the hi~hest insurable ~alue. in such com~,an~• or campanies as may be approved br said Monqagee: and alt suth inwrance policies on ~ny of said buildiuRs. any interest ihcrciu or part thertof, in the aggregatt sum aioresaid or in ezttss thereo(, shall contain the usual sta~ulard mortRaRce clause malinR the loss under said policies, each and e~•ery, pa}able tn said ~toriga~te as hi~ iutere~t ma} appear, and each and ere~~~ such policr shall be prompdy ddivered to and hcld br uid \Iortqagct: and, not less than ten dar~ in ad~~ance of the txpiration ot each policy, to deliver to said Atortgaqee a renewal thereof, together with a raeipt for ~iu premium of such reu~w.-rl: aud the:e shall be no such insurance placed on anr of said buildinRs, any interat thereio or pare thereo(, unless in the form and with the loss papable as afomaid; and iu the event any sum o[ moner become~ pa~abte under such polic~• or ~liciec said \(ortRaRee shall har•e tht option to tecei~e and apply the same on account of che indehtedness secured hereb~• or to permit said ~(ortRa- gor to receice and use it or any part thereo( (or o~her purposes without thereb~ wai.~in~ or impairiuR am equit~•, lien or right under or b} ~irtut of this mortgage: ~nd in the e~•ent said ~fortgagor shall (or any rcason (ail to kecp the saiJ premi,es so insured, or fail to deliver pmmptly any o( said poticies o[ insurance to said ~1ortRaRee. or fail promptl~~ to pa~ (ull~~ a~iy premium thercfor, or in any rapect (ail to perforn~, discharge. execute, e(feu, complete. compl~ hith a~~d abidr by thic cm- ~nant, or anr part hereoE, said Mortqagee may place and pay tor snch insurance or any part thercof without wai~•ing or a([ecting any option, lien, equitY or right under or by vinut of this mortgage, and the full amount of each and every wch payment shall be immediately due and papable and shaU bear interest [rom the date thereot until paid at the rate of ten per ctntum per annum and together with such interest shall be secured by the lien of this monqagt. 4. To permit, commit or wtfer no ~nste. impairment or deteriontion of said property or any part thereof. 5. To pay all and singular the costs, charges and rxpenses, including reasonable fawyer's fees ans! cost ot abstracts of titlt, incurred or paid at anr time br said ~fottgagee beuuse and/or in the event of the tailure on che part of the said :~tortqagor to dulyyprompdr and tullr pertotm, discharge, e:ecnte, e(fect, complete. comply with and abide by each and every the stipulations, aqceements, conditions and wvrnanu of said promissory note, and this mottqaqe, any or either, and said costs, chuges and acpemes, each and everr, shaD be immediately due and payabie, v~heeher or noc there be notice. de- mand, ateempt to collect or suie pending: and the full amount of tach and every such p~yment shaU bear ineerest from the date thereoE until paid at the nte oE ten per centum per annum: and all said aoats, charga and p~petua io incurr~ed or paid. together with wch interat, shaq be secured br the )ien of this mongagt. ~~3~7 pa~ 25 : .~ _ ~ ~_-_ ~~ ~v.:.~ _.~. _ -