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Home My WebLink About0332 D~o~~Ms 19~T ~ s~~_ STUART, Flo~ida, ~ FOR VALUE RECEIVED the undersi n a an ve II P OMISE TO PAY t he order of~~~__~ i ~`~~i oo~p~~~o~ - ooua?as, Xk at t~ ; ~ or such other pl~ce as the holder ; hereof may deaignab i~ writing, together with interest from date at the rate of~ ~r ~~~nnum on the unpaid balanoe until maturiy. The said prtndpal and interest shall be due and psyable s ~ll.i~ ~~tir~ t!r lis~i ~~t M~ ~ o~~t` l~eo~ ~t+~ s~ .o.~i... :ar a~or .o.~ts ~ws~.•:a~ ..t i a~t~.~ ~ ii:i ~~sei: ~ :i~e.t r. .swiai i.a~..t ..a sr. s... v~•~ ~ o~li~.tio.. ~si. .o~a ..~r v~•o•i~ •t •a ~i.. ~itdoat M..lh. ~ ~ If d~f~uh b~ e~M tor ~ d~Ys ie 1h~ WYm~n? oF ~ny inat~IMn~nt of P?leK1p~1 or InNr~at a+nY v+h Nwpf, Ny wlwb suin Nwn ~iniiq ~ urpaid with inwat sh~ll tl holda'a ~?ian b~ean~ dw ~nd P~Y+bI~ withaA notio~. Fdlun a~x~rei~ sueh aP~~ shail nof f~~ifw~ • ws~v~r of tM rqht tu ~a~cis~ tFr s~ h tM ww~t of auospuMf d~fwN. Afnr nwtwiy bolh pcinap~l and ~cawd inhr~t sl?~II bw inhiwt at Z- p~r aNwn pa +~r+we ~ until p~id ih~ m~kas rd ~ndwaas of Mis noN furtMr waiw d~nwd. notia of narp~Y~t ~nd Prw~at. if thk now h not paid ~t matu~ity ~nd tl» ~ 4 Plawd with ~n ~tlorn~y ta aolNetion. th~ nrk~n M?d ~ndon~rs Mrwf prN b p~y di eotb of aoUKtlwy includ'rq ~II eaxt ootb and ~bM ~flotn~y hw. ~ 5~~ 1 t r L U~ 1 ~7 A cs~?~) ppCUMENTp~w STAMP 1'AX a ter . tt J - __(SEAL) ~ ~ _ ~tr~ , = Evelyn L. Ott ~ ' ' I 5 0= csEn~~ h = i• V! V COMPTROLLfR - PS.190138 - and shall duly. pmmptly and fully perform, diacharge. execute, eftect, completp, complq witl~ and abide by each and every the stipulations. agreements. conditions and covenants of said promissory note and of this mortgage. then thia mortgage and the estate hereby created shall cease and be null and void. It is understood that each ot the wonis, "note," "mottgagor" and "mortgagee" respecUvely and We pron- oun~ rEferring thereto. whether in the eingular or plural anywhere 1n this mortgage. ehall be aingular it one only and ~hall be plural joinUy 9nd severally, if more than one, and ahall be masculine, feminine and/or neuter. wher- ever the context ao impiies or admits. , And ~atd Mortgagor tor himaeli and his heire, legai representaUves, aucces9ors and asalgns. Lereby oovea- ants ana agrees to and with eaid Morigagee. his legal representativea, successors and ass[gns: ~ 1. To pay all and aingular the principal and lnterest and the vsrious and eundry sums ot money paysble by virtue of said promiseory note. and tl~is mortgage. each and every. prompUy on the daya te~pectively the same severally become due. 2. To pay sll and singular the txxea, assessments. leviea, liabilities. obligations and incumbrance~ of every ~ nature and kind now on said described pmperty. and/or that hereatter may be impoeed. suffered, placed, levied ~ or assessed thereupon, aad/or that hereatter may be levied ore~e ssed upon this mortgage and/or the indebted- ness secured hereby. each and every, when due and payable ac,tding to law. betore they become delinquent, [ and before any interest attaches or any penalty is incurred; and in so far ae any thereot ia ot record the same ~ shall be prompUy satisfied and discharged of record and the original uftcial document (such as. for instance, ~ Lhe tax receipt or the satiafaction paper of~cially endor9ed or certified) ahall be placed 1n the hands of said ~ Mortgagee within ten days next after payment; and in the event that any thereof is not eo paid, sati~~ed and ~ ~ discharged, said Mortgagee may at any time pay the same or any part thereof v~~thout waiving or attecting ~ any optiOn, lien, equity or right under or b~ virtue ot this mortgage, and the full amount of each and every ~ such payment ahall be immediately due and payable and shall bear inlerest from the date thereof until paid at the rate of ten per centum per annum and together with such interest shall be eecured by the lien of this ~ mortgage. ~ S. To place and continuously keep on the buitdinRa now or hereafter eituate on safd Iand flre and windstorm inaurance in the usual standard policy form, in a sum not less than i-•------l,sOOO.-----•••-•--------_•---•- !n such com- pany or comp^nies as may be approved by said Mortgagce; and a11 such insurance policiea on any of said build- ings, any interest therein or part thereof, in the aRgregate aum atorrsaid or in eacess thereof, ahall contain the usual standaM mortgagee clause making the loss ur.der said policies, each and every, payable to said Mortga. ; gee as hia interest may appear, and each and every such policy shall be promptly delivered to and held by esid ~ Mortgagee; and, not less than ten days in ad~~ance of the expiration ot each policy, to deliver to si?td Mortgagee ~ a renewal thereof, toRether with a teceipt for the premium ot Pnrh renewal• and there ahall be no such insur- ance placed on any of said buildings, any interest therein or part thereof, unlesa in the torm and with the loas ~ ~ payable as afocesaid; and in the e~ent any sum of money becomes payable under auch pollcy or policies s8id F ~ Mortgagee shall have the option to receive and apply the same on account of the indebtedneas secured hereby or ~ to permit said Mortgagor to receive and uae it or any part thereot for other purpoaea without thereby waiving ~ ~ or impatring any equfty, lien or right under or by virtue of this mortgage; and in the event eaid Mortgagor shall ` for any reason faii to keep the said premi9es so insurnd. or tail to deliver prompUy any of aaid policie~ of ~ insurance to said Mortgagee, or fail promptly to pay fully any premium therefor. or in any reapect fail to per- form, discharge, eaecute, effect, compiete, comply with and abide by this covenan~ or any part heraoi, said Mortg- agee may place and pay for such insurance or any part thereot without waiving or affectlng any option, lien. ~ equity or right under or by virtue of thia mortgage, and the full aq?ount of each and every such payment shall ~ be immediately due and payable and ahall bear interest from the date thereof untll paid at the rate of ten per centum per annum and together with auch interest shall be secured by the Hen of thfa mortgage. i ~ To permit, commit or auf[er no waste, impatrn?ent or deterloratlon o! said property or any part thereol. ~ e ij ~ 6. To paq all and aingular the coete, charges and expenses, inciuding reasonable lawyer's tees and coet o! i ~ ab~tracts ot title, tncurred or paid at any time by sald Mortgagee because and/or In the eveat of the tdlurs ; ~ on the part oi the satd Mortgagor to duly, promptly aad fully peKorm. dlscharge. asecute. eftect, comPlete. ~ oomply with and abide by each and every the atlpulatlons. agreements, conditioas and oovenante oi said promla- aorq note, and thie mortgage. any or either, and aaid costs, charges and espeases. each and every. shall be im- ~ mediately due and payable, ahether or not then be notice. demand. attempt to collect or sult pending• and ths iWl amount ot each and every suc6 payment ahall bear interest fmm ths dste thereof untll pald st the nte oi ~ tea per centum per annum• and all safd ooete. charge~ and tzpen~es w iacurrsd or pai~ togeWer with such in- ~ ~ terest, ~hall be secvred by fhs lien oi thls mortgage• i ' ~ i _ ` ~ BOOK ~ `O PAGE e~e~2 _ _ . _ . : ` _ = p~ ~ ~ =~~y ~ ; ~ :