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HomeMy WebLinkAbout1233 ~ "i - ~ ' ` May 23 ~ , _ ` t~.~: i . .i, U11 `Irr:l d~~.~ l~, f 1qi~,c~ . . . . • i ~ ' : f i~~: jl~'1'~1lil:ll~~l'I' .';t'~; 1'OL''~~1~-""-.-""°"""a~~N, ,laio. I, ~va or either oi u~ promise to pay t~ ~I~e or~ler ol j 1 . . _ f I.Y~ I~Ut'~1S :~nd AN?V `ti'. I,UCAS.t...his...!vi:ee,... ' . 1'lii~~i:ec~ii 7'liat»~ncl Oiie IIUt1C~I•ed 'fliirty--i'ive 1nd No/100-----~~--~~--~» ..............................................••.._QUII.AfiS . . - 2~'J 11~rin~ Drivo~ .rort Pxerco~ .Floridn :i345Qi_ ~i• to~ valuu ~M~~iv.~{, payihlo at . ..SllCj1...Uf•.Il('1~._.plac.c~...~s._,~~~.y~es m~iy (~F5_~:~11~:t;~...~!?..~~(rit~ng.. ~~,~o~~:~ . . _ _ d ~t:e 8~ ~ as l~elow . iro~n ar ~iir~ ~atn r.l -••----.....---I~er ceiU Per anr.um uncil paid: Interest n~ya~ae ~~,~if ,>,~;n ef us ~vha~her maNe~, yuarantrr ot enQo~ser, noroby snverallY ~•~aives a~d ronnuncus s~y and all homottNd ~ze~npU•^n ~~qh~v rr^ muy h svr uncl~ ~ ~ne t:~~nsutuuo~. rn ~a:~ s of ihe 5tdte ol f lu~~di. ~~r any o~lus: State c~t Umled St:Ues. ~s .~9a~nst th~s ~ioto: +~nd e,ich lur~l~e~ w u~•cs d~n~ar~1. n~,~j,~,~ nu~ p:,y~n~nt npd p~o:est, an~l in the event it hc~:cm~s nM:cssary to c~llact ~h~3 ciotv thruugh an attornev, ~9+~s I~,~y :~il cu~ts af cai~r.ciion. ~nciud~n~ rcazorwt,te attorney's (es. . '1'l~e~ t?~•iitc~ip:11 :~i~d intei•F~st dtie hex•e:i»dei• shs~ll be pnid i~i 1'aui• (~1) c~c~i~a~l ~e«~iu~7 iuc,t:all»ients oF $3,283.75 eacli~ plus intei'est ot} tlze ~ttipni.~i t?a1- . ~nce t'?•c~u~ i:iuic~ t;o i-ime s~e~n~i.t~ii~~, eo~nm~~ic3ti~; one (1) yc-~ar frotn t1~c~ zl.zte ~ 1?c~~eoi', ;ind cont:i~tluin~ on the stime dny of eact2 succeedin~ y~:~r ui~fi.il f ~ i:hc~ es~i:ire a~~?ount. oi' pi•iitcipa] ~:~d in~te~.•est is ~~:~id in ful] . A1 1- ~ mc~ut~ ~li:ill i~i~ciude prii~ci~al .ind in~:erest, appl~?ing ~ixst to ~eci~ued ~ it~tei•e::t, _ theei to tliQ reducti.on of ~he pri~icip~l. r~~.lui•e 1;o malc~ a~iy ~ € ~~~yn~a~ii: ~vi.thin teu (~0) days after tli~ sanie Uecomes due s}ia.ll, ~t - tlic~ ~ ~ opt:ioii of tlie pnyees, cause ~he ent~re ~•etiiaining bal~nce to be due ~i~d ~ p~y~b1~ li~ .tu17.. Right to ~repay iii whole ox~ in. part without- peu~lt"y is rF~ei~ved- af tei• I?ecemUer : 31, 1975. ; . . State Stamps in the- amount of - ~ ~ . , $19 RO affixed to original note - ~ • ~ ~ and cancelled. - _ ~ ~ .I~ ' ----1--~ ~ ~F.n~. ' - r• ~ - _ ' ---1Z(i)~.`~'1' ~ ~~il;l!~ . ~,~j~ t ~V--•----•-• - i)IIP. • ~ 'r 't'! ~ l~:t:l~i ` - ? . ~ ~ _ . :l'.1. ~ . - . _ . . t~'i t, _ ~ ! ~i . ~ _ : ~ . . ~ - ~ and shall duly, promptly and fully perform, dischArge, execute, effect. ~ complet~, ~on~ply wlth and abide by each - ~ and e~•erv the stiputations, agreements, conditiotis and covenanCs of said Frotn~saory note and of this mortgage~ then this mortgage and the e3tate hereby created shsll cease and be null ancl ~~o~~L ~ It is understood that each of the ~sords, "note," "rriortgagor" and "niort~agce" respectit~ely and lhe pron- ~ - - ouns referring thereto. whether in the singular ot plural anywhere fn thls mortgage, shall be singular if one ~nly and s1ia11 be plural joinfly and severally, if more than one, end sha11 he rnc?sculine, femininE andior neutcr, wher- ~ e~•er the coniext so implies or admits. _ , And said I?iorigagor for himself and his heirs, Iegal representati~es, successors and assigns, hereby coven- ~ snts ana agrees to and K~th said I~iortgagee, his legal representatives, succes.sors and assigns: - 1. To pay all and singular ~he ptincipal and interest and the various and st~ndry'sums of money payable by ~ virtue of said promissory note, and this mortgage, each and every. promptly on the days respectively the same ~ - aeverally become due. - • 2. To pay all and singular the taxes, assessments, levies, liabilities, obligations and incumbrances of e~•ery~ ; nature and kind now on said described property, and/or that hereafter may be imposed, sutfered, placed, le~•ied - or assessed thereupon, and/or that hereafter may be levied or assessed upon this mortgage andior the indebted- ~ ness secured hereby, each end every, when due and payable according to law, before they hecome_ de!inquent, ~ and before any interest attaches or any penalty is incurred; and in so far as any thereoi is of record the same ; shall be promp.ly satisfied and dis~haroed ot record and the ariginsl official document (such as, for instance. ihe tax receipt or ihe satisfaction paper officially endorsed or ceriifie~i 1 shnl! be placed in the hanc~s of said 1Snrtgagee wtithin ten days next after payment; arid in the event thaE- any thereot is no: so paid, satisfied and - discharged, said Iliortgagee may at any time pay the same or anp part thereo! «-ithout tti•ai~~ng or affecting = any option, lien, equi[y or right undcr or b~• ~'irtue of this martgage, and the full amount of each xnd e~~ery ~ such payment shall be immediately due and payabfe and shall Lear intcrest from the dale tnereof until paid at the rate of ten per centurn per annum and togeiher ~«th such interest shall be secured by the lien of ihis _ # mortgage. ~ ' ~ , ~ 3. To place and continuously keep nn the buildin~s now or herea[ter situate on said land fire and ~ti~ndstorm ; insurance in !he u~ual standard policy form, in a sum not less chan ~~1.. illStt~'2~~-e..v11112-•-„ in such com- pany or comp::niis as may be appr~~ved b5• said ;~Tort~;a~ce: an~i ~II such insur.ince pnlicies un nn}• nf said build- ings, any interest therein or part thereof, in the a~Grrgate sut7i aforesaid o: in`':.~`ccess ttiereof, shall contnin the usual standard mort~agee clavse making [he loss ur.cier ~aid pol:cies, each and. e~'er}~, pa~•able to slid ~tort~a- ~ gee as his interest ma3• appeTr, and each ar.d e~~ery s:~ch policy shall be promptl} d~ li~•ered to and held Ly said • ~ rIortgagee; and, not less than ten davs in ad~~ance of the expiration of each policy, to deliver to sai3 :~iort~a~ee a reneu~al thereof, _to~ether t;ith a receipt for the premium of such renewnl- and there shall be no such insnr- . ance place~; on any of ~aid buildings, any interest lherein or part thereof, unless in the forni and w-ith the lo-9s _ ~ _ pa~•able as aforesaid; and in the e~•ent any sum o[- money becomes payable under such policy or Policies said btortgagee shall have the option to recei~ e and apply the sarne on account ot ihe indebtedness secured hereby or to permit said jiortfiagor to rerei~•e and use it or any part thereof for _other purposes witliout thereb~ )ti•u~~ng = or impairing an~• equity, l~en or r~~ht under or by virtue of tl~is mortgage: and ir_ the event said ~iori~flk~r shali ~ for any reasoa fail to keep the said premises so insitred, or fail to deli~'er p?•otnptly an~ of said policiea of . insurance to said 11Lortgagee, or fail promptly to pay fully any premium therefor, or in t~ny respect fail Lo per- j _ form. discharge, execute, effect, complete, comply ~~~th and abide by this co~•enant, or xnt• part here~~f, said ~tortg- a sgee may place and pay for such insurance or ar+y part thereof .vithout w•ai~ing ar af[eeting an~ optinn, lien; equity or right under or by ~~irWe of. this mortgag~, and the full aniount of earh and evcry such pa}'mcnt ahall ; . be immedialeiy due and payable and shall bear interest from the tiate thereof until paid at *_lie rate of ten per ' centum per annum and together. with such interest shall be aecured by the lien of fhis mortgage. . - 4. . To permlt, commit or suffer no craste, impairment or deterioration of sutd property or any part theceof. - ~ 6. To ~ay all and singular the costs, charges and expen~es, including rea~onable Iaw~yer's fees and cost of ~ abstracts ot tltie. tncurre3 or paid_ at any time by said ~:~-rtgagee because and!ar in the event of the failure ~ - ati thc part ot the said ~fortgsgor to dul~, prompily an-? :ully gerform, discharge, execute; eftect, complet0. con:pty ~~th and abide try each and every the stipulstionq, ~i reement~, cona~tlona and covenants ot said promis- 8ory note, and thls mortgage, any or either, and said cost~ .narges and expenses, each and every, ahall oe im- mc~i~ tely due and payable, whether ~r not there be notic~. 3emand, attempt to c~ilect or ~uit pending: and the fu1 a.nount ot each and every such pavment ahall bEar intr.rest ?rom tha date thereo! until pald at the re~te o! ~ - ten pE: centum per nnnum:~ an3 ell eaid coste, ehargea ~nd expenae~s eo incurred or paid, together witl! aucb in- terest, ehall be eecured by the lfen of this mortgage. - - ~ - - ' - ~ - ~ goo~~40 PAGE~232 ~ ~ _