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Home My WebLink About2734- ~ ~b`^r; i)~ FA6EU (U - ... .v : •. 1 600,00 De~erber S / _ ~~T, l <<l.lE tr,~~'N ~~ ~ l ". STUART, Florida,' 19g.e~ ... ` FOR VALUE RECEIVED, the undersi reed, jointly sad severally, PRObl13E TO PAY to the order ot_.. _. _.__.... _..... ... , :: HARRY RERITAt}B an HA~RI. ~ . kIRR~TAi'i~ biusbrtlad_ aitstd w~.:~e .. _ _ . .................... ............. ___--One ThousrRnd ~17t huladred and 00/100--. ~~-"'~~- DOLLARS, al P, O. $t)1~, Jetase0 Be.aGh, ~'loric~a ... ~1 _ or such other piece as the holder hereof may designate in writing, together with interest from date at the rats of ~.vse_. .per cenium per annum on the unpaid balance until maturity. Ths said principnl and interest shall b• due and payable a^ tOl10RS: ;b0.00 including interest, on or asYore January d, 1885, and ~b0.00, including intc~est, on or byre the 6th day of each wonth thereafter ratil the principal sus has been paid is full. Ssich p>.y>.ent shall be first applied to interest accrued against the ezistiug principal. The -balance of each pageant shall then be applied to principal. This note ray be prepaid at such tires and in ouch arounts as rakers desire. 11 default be made (or NQ days in lha payment of any installment of principal or int.rast or any part thereo (, the rhole sum then remalnin^ unpaid with in Cereal sh.11 •t holder's option 6<come due ^nd payable rithout nolic r- Failure to exercise auc6 option shall not conrtitub--LL raiver of the right to rx rcise the same In the event of sabsequsnt default. Allen maturity both Drincipal ^nd accrued interest ^hall bear Interest a~(~... per cenium per annum runtii paid. The makers and endorsee of Chia note lurlher waive demand, notice of non-payment and protest. I( this f[66 sTT. not paid at i maturity and the same is placed with an attnrn ey for collection, the makers and endorsers hereof asree to DaY all costs of collection, Including all court costs and reasonable attorney fees. __ _ _. .._. __......._.... __ ___...._-....__...._ ..........................(SEAL) and shall duly, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenants of said promissory note and of this mortgage, then this mortgage and the estate hereby created shall cease and be null and void. 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 thin mortgage, shall be singular if one only a:.d shall be plural jointly and severally, if more than one, and shall be masculine, feminine and/or neater, wher- ever the context so implies or admits. And said Mortgagor for himsaif and hie heirs, legal representatives, auccesaora and assigns, hereby covtw- ants and agrees to and with said Mortgagee, hie legal representatives,eucceeaors and assigns: 1. To pay all and singular the principal and interest and the various and sundry sums of money payable by virtue of said promissory note, and this mortgage, each and every, promptly on the days respectively the same severally become due. 2. To pay all and singular the taxes, aasesaments, levies, ltabllit)ea, obligations and incumbrancea of every nature and kind now on said described property, and/or that hereafter may be imposed, suffered, placed, levied or assessed thereupon, and/or that he When duegandepayable according W law, beforegt~lrey become delinquent, news secured hereby, each and every, and before any interest attaches or any penalty is incurred; and in so far as any thereof ie of record the same shall be promptly satisfied and discharged of record and the orlginai offidal document (ouch as, for lnetarce, the tax receipt or the eatiefaction paper officially endorsed or certitled) shall be placed !ri the hands of said Mortgagee within ten days next after payment; and 1n the event that any thereof la nut 6o paid, satlsfied 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 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 Bald at the rate of ten per centum per annum and together with such interest shall be secured by the lien of this mortgage. S. To placo and continuously keep on the buildings now or hereafter situate on said land fire and windstorm insurance in the usual standard policy form, in n sum not less than =--' •--..•.•••••-•••--• •••••••••••••••••-• •---•--•-, !n such com- pany or componies as may be approved by said Mortgagee; and all such insurance polides on any of said build- ings, any interest therein or part thereof, in the aggregate sum aforesaid or in excess thereof, shall contain the usual standard mortgagee clause making the loss under said policies, each and every, payable to said Mortga- gee as his interest may appear, and each and every such policy shall be promptly delivered to and held by said Mortgagee; and, not less than ten days in advance ~ f the expiration of each policy, to deliver to said Mortgagee a renewal thereof, together with a receipt for the premium of such renewal; and there shall be no such insur- ance placed on any of said buildings, any interest therein or part thereof, unless irr the form sad with the loss payable as aforesaid; and in the event any sum of money becomes payable under arch policy or policies said Mortgagee shall have the option to receive and apply the same on account of the indebtedneaa secured hereby or to permit said Mortgagor to receive and use. it or any part thereof for other purpc,aes without thereby waiving or impairing any equity, lien or right under or by virtue of this mortgage; and in the event said Mortgagor ahaU for any reason fall to keep the said premises so insured, or fail to deliver promptly any of said policies of insurance to said Mortgagee, or fail promptly to pay fully any prerrliun therefor, or in any respect Lail to per form, discharge, execute, effect, complete, comply with and abide by this covenant, or any part hereof, said Mortg- agee may place and pay for such insurance or any part thereof without waiving or affecting any option, lien, equity or right under or by ~9rtue of th1e mortgage, and the full amount of each and every ouch payment shall be Immediately due and payable and shall bear Interest from the data thereof until paid at the rate of ten per centum per annum and together with such Interest shall be secured by the lies o1 this mortgago. 4. To permit, commit or suffer no waste, tmpa.irment or deterioration of said P~P°rtY or any part t]rereof. 6. To pay all and singular the coet~, charges and expenses, including reasonable lawyer's fees and coat of abstracts of title, incurred or paid at any time by b ld Mortgagee btncause and/or in the event of the failure on the part of the acid Mortgagor to duly, promptly and fully perform, discharge, execute, effect, completer comply with and aD1de by each and every the stipulations, agreement t, conditions and ode ery, shall be im- eory note, and this mortgage, any or either, and said coats, charges and expenses, medlately due and payable, whether or not there be notice, demand, attempt to collect or suit pending and the full amount of each and every such payment shall bear interest from the date thereof until ~trawithesuch in ten per centum per annum; sad all said coats, charges sad espeaaes ao incurred or paid, togeth terest, shalt be secured by the ilea of thL mortgage.