HomeMy WebLinkAbout0980 - - -
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~!OR VAItlE RtCE11?Ep, 11M en~rsi~ead. jointir and s~vsrally, PROMISE TO PAV to th~ or~r of.----------- .
' ------.______F~.~~Q.~I..._,~ctd__~~N.EV~EV.~_. C,ALI~Q~i.~.._his wife.-_------------
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-~~3~81~~AIA ~.ot~~~+-----,Tensen Beach F1 33457 - - ~~s~
~ ~t .__-------------------a wch otl~ plac~ as ti~ holda
~ h~nof ~aar d~si~nat~ in writiny to~NhK wifh int~re:t from March__ 22,.._1._9$_4_...-----_
at th~ rat~ oI ~12....__~--_ pK c~nh+m pK annum ~n the unpaid balanc~ until msturitr. Th~ said prinapal aad int~r~st shail
b~ dw and pay~bl~ as fotlows: ,
$222.45 a month, the first payment being due one month from
~ date, and continue for each month thereafter until paid. This
sum of $222.45 paid each month shall first be credited to interest
~ and the remainder to the principal of this oblig$tion. ~
~This not~Omay be pre-paid at any time without penalty.
~ if idwM w..i~ f« - dap. iw ~M Nrw~wt of ..r iwsbll~t .f ~ei~eipl « i.~.r.a «~.r ~ IIw.«l. M» wlwM sv. Na. ..i.aiwi.~
~ wpi~ wM~ iw1N+N d~M at bli~s yli~w Mc~ dw a~~ MrarM witAwf ~Nia. f~ibn h~s~rsa~ wd~ ~ sluN ~N s~waeifq~~a ~raiwr ~f. fM
• ~ ti~IM N~sNt~N IM ~iM i11 NM ~wM ~ sY`!~YlA~ ~EWh. AHN ~HlrfMr `eNl ~fMti'al a~ aetflN+ iwlleMl ~11 MN iANeNf N L~ ~N tM111~ 1
N/ ~Yy~ IIA11~ ~ YkN! M+ M~f~fff ~ I~M MN frfl~Mf MIN11~ ~A1ri~. Mf1t~ ~ II~M M~ ~t~N{I. ~ I~i M1~ MI ~ N R'
w~.~wilp ~ N» ~a.w i~ ~la~ wid~ .w .n.r.~y f.r c~M.nw~+. tl» w~ak..s a.~ a~n~n 6.nof s~.M 1~ Mr aM cesls .i aN~sNM. iwsbdi.~ aN c~w~ ,
~ csab +w~ ~aN~ NINw~y iMS.
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' - - - - - - . - ~SEA~) `
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Attest: - - - - - - ISEAI~ ~
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- - - - - - . (SEAI) ~
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and shall dWy. prompUy attd tuUy perform, diacharge, executP, ettect, complet~, romply w~th and aDida by each
and everv the atipulat~ona, agrcements, conditions and covenants of ssud prom~ssory note and of this mortgage.
then this mortgage and Lhe estste hereby created ahall cease and De nWl anu vo~d.
It i~ underatood that each ot the wonL. "note," "mortgagor" and "mortqxgee" respectively and the pron- -
ouns re[erring theret0. whether in the singulu or plural anywhere in thls mortgage, ahall be singulat It one oNy
a~d ahall be plural jolntly and severally. if more than one, and shall be ma~cullne, teminine and/or neuter. wher-
ever the conuxt so implia or admits. -
Md said Hortgagor for hlmself and his heirs. legal representatlves, aucceswrs and aasigas. 6ereby coven-
~nts ana sgrew to and with aaid l~ortgagee~ hfs legal representatives, succeasora and as~igns:
1. To psy ali and aingWar the principa! and interest and the varjow and sundry sums ot money payable b
virtue ot said promis~ory note, and t1~is mortgage, each and every. promptly on the days respectively the sarai
aeverally become due.
' Z. To pay W aad singular the t~utes, aaaessments, levies, liabilities, obliRstions and incumbrances o[ everp
i nature and kind now on said dexribed property, and/or that hereafter msy be imposed, sutfered, placed, levied ,
I or asaessed thenupotr, and/or that hereafter may be levied or assrssed upon this mortgaqe andior the indebted=
~ ness secured hereby, each and every, when due and pnyable accorcfing to Isw, be[ore they become delinquent~
and betore any intere~t attachea or any penalty u ~ncurred: and in ~o [ar sa any thereot is ot record the aam~
~ ahall be prumptly satisfiM and discharged of record und the onRinal otficial ~iocument (such as, tor instance.
ihe tax nceipt or the satistacGon paper officially enJoraed or cerlitied 1 ahall be placed 1n the hand~ ot said
~ Mortgagee within ten days next atter payment; snd !n the event that any thereof ia not so paid, satisfied and
discharged, said Mortgagee may at any time pay the aame or any part thereel without waiving or a[[eciina
~ any Qpti~n, lien, equity or right under or by virtu~ of this mortgaqe, and the tull amount of each and every
auch payment ahall be immediately due and payable and shall bear interest from the date thereof unti) paid
Q at the rate ot ten per c~ntum per annum and togethe~ wilh such intereet shall be secured by tlfe lien ot thia
mortgaga
S. To place and continuously keep on the bu~ldin~s now or hereafter sttuate on said land flre and wlndatorta
insurance in the u.4ual standard {wlicy f~rtn, in s sum nnt les~ than =...1A8X~.111.13n1 In such com-
pany or comp^nics as may be approved by aaid Mort~n~~•e: snd all such insurance pc~liciea on any of said build-
ings, any intereat therein or part thereot, in the aR~rn~ate aum atoresaid or in cxceas thenot, ahW contain ths
usual standard mort~agee clauae makinR the 1~~!~s ur.der anid policies, earh and every, payable to said Mortga.
~ gee as his interest may appear, and ench and evpry so~•h pnlicy ~haD be promptly delivered to and held by said
Mortgagee; and, not less than ten days in ad~anre of the expiration ol esch policy, to deliver to aatd MortgaRes
° a renewal thercot, toRether with a receipt tnr th~ prrmium nf rt~rh r~newal: snd there ahall be no such inaur-
~ ance placed on any ot said buildinRs, any intereat therein or part thereot, unlea~ in the form and wlth the losa
~ payable as atoreaaid; and in the e~ent any ium ot money becomes payable under auch pollcy or pollcies said
~ MortRa~ee shall have the opUan to receive and apply the +ame on account ot the lndebtedness secured htreby or ~
~ to permit aaid MortRaRor to recefve and uiee It or any part thereot for other purposes withaut thereby waivfns
or impairing any equity. Iten or riRht under or by virtue of this mortgage; ar~d in the event ssld Mortgagor shall
~ for nny rraao~ [ail to keep the said premis~a se ln~arrd, or tail to dellver promptly any of sa.td policies oi
# lnaurance to sa~d MortgaRee, or tall promptly to p~y tully any premium therefor, or in any reapect fafl t~+ per-
form, dischary~e, execute, effect, complete, comply with and abide by this covenant~ or any part hereot, ss~d IM[ortg-
agee may place and pay !or such in~urance or any part thereaf without walving or atfecUng any option, lien.
equity or riRht under or by virtue of thi~ mortRage, and the fuU amount o[ each and every such payment shall
~ be Immediate,q due and payable end ahall bear fnt•rest trom the date thereof untll paid at the rate ot ten per
j centum per annum und together ~vith such lnterest ahall be ~ecured by the Uen ot tht~ mortga~e.
k 4. 1'o perrN~ commlt or sufter no waste. Impairment or deterfontlon of sald propertq or an~ part thered.
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^ 6. To pay all and aingular the costs, charges and expenses. including reawnaWe lawyer'~ tees snd cost o:
~ abatracts of title, fncurred or pald at aay tlme by uld I?[ort6asee becawe and/or ln th~ event ot the tWur~
µ on the part ot the ufd b[ort~or to duly. promptly at~ fttlly pedotm. dlichar6e. u~ecute, ettect, complet~
comply wfth and ablde by eacb and every tM dipulatiau, aareementa, conditbni and oovenant~ o! ~sid pmm1~-
wry note. and Ws mort~e, any or rlther, aAd aald costa. charges aAd espetues, each ~t?d every. shaU b im-
mediatdy dw and puyabie. ~vheNer or n~ tben be notice. detnand. ~ttanpt to ooUe~t oe sWt peadlns: and t1~
!W1 amount ot each and erery ~ucA payment ~lul1 b~as fata~wt irae t!w d~t~ t~nof uatil pald rit the rste ot
~ ten p~r-centum per anaum: and a11 ~afd co~L, ebar~e~ ~od sipeaw ~o lncusr~d ~ palq, to~ttMr witb atcb 1a=
tere~t~ ahW D~ ~ecvred ep th~ iNn o! t]W mort~a~.
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~ BOOK ~S PAGE ~OV
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