HomeMy WebLinkAbout1065 • ~L Vcro Gcach, Flarida I~dCCm~@Y' 1 , 196...t "
:.e rc inar ~e r Se2 i OT' ~,"1 aftcr datc, 1, wa or eithe~ of us promiut t~ pay to the order of
; :':'•J:`r:S G. i3l:OW?~:~ jo~ned__by nis wiie~ V::RA..i3k~~•]I~i_.._ _
. . . . _ . -
+ ~`:~!F':i`_'Y--FIV% TEiOUSAND AND NG/100 '
- . - - - ~ArtS !
iJf VdIL@ f~C21VCd, payabie at.-•.---•--•-•-•~----• ~ .
> •
` _ . w~th ir.terest
s irom ~a ..._.._.at the rate of.__S@Ven.. pc~ eent per annum until paid; interest payabls ~On'Ch1Y...__.__._._. Y'
~ AnJ exh ot us whethcr maker, ~uarantor or cnd:xscr, hcreby sevtratly.wa;vts arxl rcnc~:nces any and all homtstesd exemptio~ rights wa may
h~•ro un:.cr tha Ccnstitution o~ Laxs of ihe State of Florida, or any oth.r State or Un~tcd States, as a~ain~t this r~ute; and zKh furtha~ warves dcrnand,
r.c!~cc of n~n-p~yrrknt arcl Drotaef, and In the ovsnt it becomes r~r.esury to colfect th;s rwte ttuou;h an attanay, aQrecs fo pay ap costi ot coltection,
; irt::J.l~ne rcasonabta attornoy'a tce.
' savable in monthly instaZlments of S250.00 e3ch, which amount ir.cludes '
-.~-.__..~i---~. ~^d ~r.te:~st : a~c cn ihz unyaid Ad1d1lC@ ~ r~ rs ~
~r.stai'~:.unt due and payable on Deczmb~r 32, 196~, and 149 additional
- installments of $250.00 each du~ and payable on the last day of:each
succeedin~ month thereafter for 149 mo:~ths~ and a iinal instal~ment -
: in -the amount of $129.42 due and payable on the.last day of June~ 1981. ~
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; • -----LjU sEa~
3~b~ e . Cr~rt e r _,t_
t~o.._.. Q~~ - r~~2z~.u~---~~----~__~~' ~C~~ s~~ -
/ i?ern~.ce Lee Carter -
and shall duly, promptly and fully perfocm, discharge. execute, ef~ect, complete; comply wlth and abide by each
- and e~•ery the stigulations, agreements, conditions and ct,venant~,of said promisanry note and of this mortgage,
~ then this mortgsge and the estats hereby created shall cease and be null ancl void. . , _
It is understood that each of the words, "note," "morigagoY' and "moYtgagee" respectively and the pron•
ouns referring thereto, whether in the singular or plural an.nvhere in thia mortgas;e, ahall be sineular !t oae
- und snall b~ piural jointly end severaLy, if more than one, snd shall be masculine. ieminine ar.3/or neuter, wher-
ever the context so implies or admits.
- .1nd said Mortgagor for himsslf and his heirs, legal representstives, successora an3 a9signs, hereby covea-
aats ana agrees to and with said hiortgagee, his-legal representatives, successora and assigne:
_ 1. To pay all and aingular the princl~al and intereat and the various and aundry aume ol money_payable by
virtue oi sai~ prom3ssory note, and thL9 mortg3ge, each and every, pmmpUy on the. daya re~pectively the same _
~everally hecome due. .
- To pay all Ps~d singular the taxes~ ~ssessments, levies, 1Iab11itles~ obligatlone and incumbrances ot every
- nature aad kind now on sald described property. and/or that hereaftr_r may be imposed, auifered, placed, levied
• or assessed ihereupon, and/or that hereafter may be levied or sssess~~d upon this mortgage and/or the indebted-
= ne:s secured hereby, eECh and every~ when due and payable according to law~ before they become deiinquent, _
and before ar,y interest attaches or any penalfy is incurred; and in so far as any thereot is of record the same
- shall be prumptly satisfied and discharged of record and the original of~eial documer.t (auch as, for instance,
:he tax receipt or the satisfac4on paper officially endorsed or certified) ahall De pla~ed in the hnnds of said -
~tortgagee within ten days hext atfer payment; and in tha even: that sny thereot is not ao paid~ satisfied ar~3
3ischarged, said bfortgagee may at any time pay the same or any part ihereof without waiving or affecting
any option, lien, equity or rig::t under or ty viriue of this ~nortgage, and the full amount of each and every
such payment ahall be immediately due and payable cad sha11 bear interest irom the date thereof until pafd
. _ at the rate ot ten per centum per annum and together with such intereat_ ahall be aecured by the lien of th.s
mortoage. _
3. To place and continuously keep on the buildinga now or hereafter eituate on seid land fire and windstorm
~ insur~r,ce in the usual standard policy form, in a sum not le~s than S••-•••••••••-•-•-••-•-•-•----•--••-••--•---••----••---•-•. in guch com- .
par.y or com~^n;es as may be appro~•ed by said :~fortga~ee; and al] such insurance policies on any of said build-
ings, any interest therein or part thereof, in the aggregate sum atoresald or in excess thereof, ehall contatn the
usual siandard martgagee clause making the loss under said policies, each and every, payable to said ~Scrtga-
~ce as his interest mav appear. and each aad every such policy shall be promptly delivered to ar.d held by said .
_ ~Iorigagae; and, not less than 2en days in advance of the expiraUon of each policy, to deliver to said Mortgagea _
a rene~~~~l thereot, together w7th a receipt _for the premium of such renewel; and thera ahall be no such insnr~
^!s~ed ~n ~r.y of sEid h~~i:dir.gs, ar,~ ir.ier-wi :he:ei.: ~r Yar; ihereaf, unles3 :n the form and with ti~e losa
payable ns aforesn;d; and in the e~ent any sum of maney becomes payable under sueh policy or policies s~:d
~ ~lorigasee shall have the opUon to receive and apply the same on account o! Lhe lndebtedness secured hereby or
to perrnit said Mortgagor to receive tuid use it or any part Lhereoi for other purposes Withuut thereby waiving
- or impairing any equity,~llen or right un3er or by virtue of this mortgage; and in the evcnt satd ~foztgagor shall
- tor any renson iail to keep the said premises so insnred, or fail to deliver promptly any of said policies oi
ir,sa:ance to said biartga~ee, or fail prompUy to pay fully any premium therefor. or in any raspect fafl to pz:- ~
fo:m, discharge, execute, et(ect, complete, cnmply t~~th and abide by.thls covenant, or any part hemof. said Mortg-
_ ..:ay p,..ca and pxy for such insurar.ca or any pttrt thereof without waiving or affecting any option, iien,
I,~ e3uity or right under or by virtu~ of thls morteage, and the full arpow?t of each and every such payment shall
- be :mme3ia[eIy due and payable and shall benr interest from the date t~ereoi unti~ paid at the rate of ten per
,i = centum per annum ar,d tflgether with auch interest sha]t be secured by the liea of thls ~aortgage. ~ -
i - 4. To perniit, commlt or sulfer no waste, lmpairment or deterloration oi sald proparty or any part thereot.
b. To pay~nll and afngular the costs, charges and e:cpenses; including re~onable tavwei's fees and cost of
- - Ebstracts - ot title. incurred or paid at ar,y tL-ne by said biortgngee because and/c.- in the event oi Lhe fa11ur0
_ on the part of the said Mortgagor ta duly, promptly and fully perform, discharge. execute, eflect, completa,
_ c~mm~lv wtt1~ and abide by each nnd every the stipulaUons, agresment~, conditions and covenant~ of said promis- _ -
a:,ry note. and this mortgage. any or etthcr. and sald costs, charges and axpeaees, each and avery. shall be tm-
= mediatciy due and payable, whether or not thera be notice, demand, attempt to collect or euit pendtng: and th~
full arcount of each and every such payment ahall ~ar inter~:st from the date tbereof until paid at We rate at
. tea per centum per annuin; and all said costs, charges and expP.asas a~ incurrad or ptti4 together with auch 1a-
tezest, ahall be secural Dy tha IIea oi Wfa mortgage.
. B00!(~J~7 PACE~06~