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Home My WebLink About2389 . ' _._._~1~~~~ STUART, Florida, 19 ! FOR VALUE R~(~Q,.,~e~~ntl~~e~~OM~~~ to the order of_~.____._._____._~~_~ i -~r^~ ppLLAR$, at ~ ~ ._,r._or such other place as the holder hereof may designate in writing, together with interest from da at the rete of _ ~o~~~~~num c~ the unpaid belance until maturity. The said princi est !I due and payable ~l•~ • ~ t!r ~ i~ ~M ~tti i~r~ ht~~ sr ~t~~ ! ~eM til p~3~. 'hL w~ et N1.7+~ ~~1 ! M ~i tM sr~~M~s f,s q~ ~i~oiy~l tt~ ~t~. Mra ~q M }~+~}~i~ ~t . tla~ ~ri M~r . , ~f a.t«~h b. a~d. tor am L+ a» o•w~ ot o.riaod or inNna «.n,r or+ xwwf, .wn Nw~ ~wiewq wipaid wi~A in~a~t sh~ll at Adeb?'s opt b~conw dw ~nd qY wi waio~, faiAin lo wrciN wch optian ~MII nof oom~i w~iw of ~M ripht w au~ds~ d,. we. i~+ N+. ««y of .u6~.q.~u d.f.u». wfia. ~nwihr ori~+Go+~ ana .oau.e ieN..sr ah.tl b... in~t a~ p.. wn~uw o.. anM,m unti! with ~n atlormy tor odMclion. ark~rs ~ndorws fo pry al~oot~n ~4~d q aU cawf ib and ~~rwweibN ~tlom~y iw. -_(.5~1~~ • ~--~_~5~~~ ~5~~~ and shall dulY. Promptly and itilly pertorm, discharge. execute, effect. rnmpletp, cwnply wlth and abide Dy each ~ and every the stipulations, agnements, ca~dttions and covenants of said promissory note and ot this mortgag~, ~ tben this mortgage and the estate bereby created shall cease and De null anu void. ~ It is understood that each oi the wonls, "note: '"mortgagoY' and "mottgagee•' teapectively and the pmn- ouns teferring thereto. whether in the si.~gular or plural anywhere in th18 mortgage. ehsll be singular it one ody and shall be plural fointly and severaily~ if more than one, and ahall be masculine, feminine and/or neuter. wher- . ~ ever the ooniext ao implies or admits. And aaid Mortgagor for himeelt and hia heirs. legal representatives, aucces~ors snd a~signs~ hereby ooven- ~ ~ ants anu agreea to and vrith aeid Mortgagee~ his legal repreaentatives~ succesaor9 and assigtw: 1. To pay a11 and singular the ptiacipat and interest aad the variou9 snd sundry sums of money pa}nt61e Dy virtue ot said promissory note. and tLis mortgage, tach and every. prompUy on the days respectively We saaae eeverally become due. 2. To pay all and singular the taxes, assessments. levies, liabilitiw. oDliqations and incumbrances ot every ? nature and kind now on esid described property, and/or that hereaiter may be Impo,xd, sufte;ed, placed~ levied or asse9sed thereupon. aad/or that hereafter may be leviM or asses~ed upon this mortgage and/or the indebted- ness secured hereby, each and every, when due and payable according to iaw, before they become delinquent„ end before any interest attaches or any penalty ia incurred; and in so far a~ any thereoi is of record the same shall be pivmpily sat~ed and discharged of record and the original ofticial document (such as~ for inatance. Lhe ta~c receipt o~ the satisfaction paper officiaUy endorsed or cert~ed) ahaU be placed in the hands of aaid - Mortgagee within ten days next after payment; and in the event that any thereof is not so paid. aatisfied and discharged, said Mortgagee may at any time pay the same or any part thereM without waiviag or affecting any opti~n, lien, equity or right under or by ~•irtue of this mortgage, and the full smount of each 8nd everq such payment shall be immediately due and payabte and shall bear interest from the date thereot unt31 paid at the rate oi ten per centum per annum and together with such interest shall be secured by the lien of this ; mortgage. 8. To place and continuously keep on the buildin~a now or hereatter situate on said land fin and windstorm ~ insurance in the ~~ual standard policy form, in a sum not less than i---...ZyQ~Q~.~.~ in such com- ` pany or comp^nies as may be appmved by said Mortga~ce; and all such insurance policiea on any o! ~aid build- ings, any interest therein or part thereof, fn the aR~regate aum aforesaid or in exce9s thereof, shsll contain the usual standard mortgagee clause making the luss ur.der said policies, each and every. payable to said Mortga. gee as his interest may appear. and each and ev~ry suc•h poticy shall be promptly deiiver~ed to and held by aaiQ biortgagee; and, not less than ten days in ad~ an~e of the expiration o[ each policy, to deliver to said Moi tgagee a reneWal thereof, to~ether with a receipt for the premium of vuoh renewal; and ther~e ahsll be no such insur- ance placed on any of said buildinl;s, any inierest Lherein or part thereof, unless in the form snd with the loss payable as aforesaid; and in the e~•ent any aum o[ money becomea payable under such policy or policies said Mortl;agee shall have the option to receive and appiy the same on account ot the indeDtednea~ secnred hereby or to permit said Mortgaf;or to receive and use it or any part thereot tor other purposea without thereby waiving or impairing any equity, lien or riRht under or by ~tirtue of this mortgage; and in the event said Mortgagor ~hall for any reasoa fai! to keep the said premises ~o insurcd, or fall to dellver pmmptly any ot aaid policiq of insurance to said 1~iortgaRee, or fail prompUV to p:~y t~illy any premium theretor. or in any respect tail to psr- form, discharge, eaecute, eifect, complete, comply with and abide by this cbvenant, or any part hereof, said MoMg- agee may place and pay for such insurance or any part thereot without watving or atfecting any optinn. lien. equity or right under or by virtue ot thia mortgage, and tte full amaint ot each and every such payment shall be immediately due and papable and ahaU bear interest trom the date thereot unt11 paid at the rate of ten per centum per annum and together with auch Interest sha~l be secured by the lien oi thb mortgage. 4. To permlt, commit or su2ter no wa.ite, impairment or deterlonUon o! sald pmparty or eny part thereoi. 6. 1b psy all and ainguiar the coats, charges and expenaes, including reasonable lawyer's teea and c~t o! abetracts of titte, tncun+ed or paid at any tlme by sald Mortgagee becawe and/or In the svent o! the failurs ~ on the gart oi the said Mortgagor to duly, promptly and tully periot~n, discharge, ezecute, eKcct. rnmpletq, oomply with and abide by each and everq the stipuladons, agreemeats, coAditlons and oovenanb ot aaid promis- ~ory t+ote. and thia mortgagG any or either, and sald co9ta. chargq aod ezpensea, each and everq, shW be !m- medjatNq due and payable, wbether or not there be notice, demand, attempt to collect or sutt pending; and the tWi amount of each aad every such payment shatl bear iniereat tronn ths date thereot untll- pafd at tbe rate ot ten pe~ centum per anuum: and all safd costi. cAargi~ aad exP~~ w incurred or Paid. to~etAer w~ith such ia. i terest. ~hall bs ~ecured by tbe Ifea oi W~ mortgaga 3 i ac~~1~~7 PAGE2371 _ _ _ _ . _ _