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Home My WebLink About0854 . . . . . : ::r.r-:xsx . ~ ~r . .x:: »::s.~ • . . .a _ R iEi . STUAAT, Flo:ida. ~ i.......~!-...........•• . . ~ l - 19~...•. s. ~Tj ~ FOR VALUE RECEIVED. !h~ under:i ~d. ;oinll and s~~~:aUY. PROMI3E TO PlIY to !h~ ord~s oi ':t _~~~N~~~~~• .~~.+..f~1~M~.~iM..~~....~~ H~~ ~.~~..~MN~M~N~~~~~~~~~Nw~ ~ . . . . . . . ::e •~~~~~~~~~~~~~N~.~._~~-.~.Na1W •~www.wnwwr~w~wwe~~iw.r.~www~~.~e............ DOLLI?RS. i'~ ~ at ....~.I~.~NC~.~~~j..1~.~•~1~'~-.. . .............._...._........os suth oth~r pl~c~ as !b~ hold~r ~ h~reof mar d~siynal~ ia v?ritinq, loq~i~r with iat~s~s! irom dat~ a! !h~ :at~ ot d•~$. ~i C~AZYRI ~i \Z1II11/11 Op 1tN 4Dpild ~ balaAe~ uAtil maturtlr. Th~ uid prtaetpal aAd inl~s~s! shall b~ du~ and payabl~ ~ t~~~ 8! a m~aal~ tlr lir~t pr~m~ bN~q d~ oo~ mooRh iroa~ di?~ sud coesttnw loar wah a4oa~b ~rw!'t~r mR1t prL~ I'~fs s~ a[ ~1. ~ paLd ~raL mo~ ~sil lir~t b~ cr~l~d to lnb~r~s! aad t1M :~male~d~s tio !d~ porloalp~l d lb~s obll~?!laa. 1'!ds o~01~ m~? b~ pey patd at a~ tlm~ wif~o~t p~na1R1• j !t default !e mad~ ter .W........ da7s in t6~ p~~nnsat ot anr in~tallm~nt o! orincipal or ~nterest er anr o~re tberee[, tA~ r6o1~ s~ ti~e ?Hai~lat S u~pa~d oit6 iaten~t ~ill at \older's optioa e.~~. dw a.+ p.r.ea witAout ¦otice. Failun to e:erciis suc6 optiow al~~ll aot co~sUtuy wr of tM : ri=Yt t~ e:erclN tVt uue is t6~ ~v~st of su~spumt dclault. A(ter maturity Sot6 Priacip~l and ~ccrued i:.tenst akaU bt~r interest aK6~r ~ta~ : p!f a4AY0 u~ti1 Pal~. T6~ oak~n aad ~~deners et tAii sott turtser ~raive drmaad, aotic~ o( ooe-Pa~meat aud ~otest If tiis ~ii et p{~ at :_aturitr and the ~am~ Is Plac~d ~rith as attoreq. !er colleetbs, t?~ ~w~kera •ad eadws~rs ?ereo( ~ne te par d! cwu et eoUectlM, I~clu~la~ dl eourt e eo~t• ~nd reuoa~e atto~ayr ta~s. . . •--.......-•••-ISEAL) ~ ._._S ob~st A Vs~hto €s: ..._ISEAL) _ _ S / ~~i .i . . . . . _ k~"'ii~" r.~w+ .................:::~:ii~:..""..» :I:.......»............................»........»...... «..........::~::.............»..w........_.»..«........."'..»w::S.«««' and shall duly. pmmpUy and fully pertorm, diacharge. execute, effect, comptete. comply wlth and abide Dy each and every the stipuiations, agreements, conditions snd covenants of said prom~ssory note and of thjs mortgage. then thia mortgage and the estate hereby created shall cease and be null and void It is understood that each of the won18, "note," "mortgagor" and "mortgagee" respectivelr and -the pron- ouns referring thereto. whether in the singular or plural anywhere U? thla mortgage, shall be aingular il one only aad shall be plural joinUy and severally. it more than one, and ahall be ma4culine, feminine and/or neuter, wher- ever the oontext ao implies or admtta And said Mortgagor for Mmself and his heirs, legal representative~, auccessora and asslgns. hereDy coven- ants ann agrees to and wiW said Mortgagee, hia legal repreaentatives, successors and aa+igns: 1. To pay all sad singular the principal and interest and the various and sundry aums of money paysble by ` virtue of aaid promissory note, and this mortgage. each and every. pmmptly on tha days reapectively tbe aame aeverally become due. 2. To pay all and sing~ilar the txxes, ~sessments, levies, liabilities, obtigations and incumbrances of every nature and kind now oa safd described pmperly. and/or that hereafter may be imposed, anftered. placed. levied or assesaed thereupon. and/or that hereafter may be levied or assessed upon this mortgage and/or the indebted- ness secured hereby, each sad every, when due and payable acoording to law. betore they become delinquent, and before any interest attaches or any penxlty is incurred; and in so far as any thereot is ot record the sams shall be prompUy satisfied and discharged of record and the original otficial document (auch as. for instaace, Lhe tax receipt or the sstisfaction paper of~cially endorsed or cer[ifiedl ahall be placed 1n the baads of said Mortgagee within ten day9 next after payment; and in tAe event that any thereot is not so paid, satisfied and discharged, said Mortgagee may at any time pay the same or any part thereot without waiving or aftecting any opti0n, lien, equity or right under or by ~ irtue of this mortgage, and the full amount oi each end every such payment shall be immediately due and payable and shali bear interest from the date thereot until paid - at the rate of ten per centum per annum and together with such interest ahall be aecured by the Hen of thii mortgage. 3. To place and continuously keep on the buildinRa now or hereafter aituate on said Iand fin and windstorm lnsurance in the usual standard policy form. in a sum not less than ;_5a.~0•-~----•-•----••----•-----•.-......, in auch com- pany or comp^nics as may be approved by said Mortgagce; and all such insurance policies on any of said build- ings, any interest therein or part thereof, in the aRgregate aum atoresaid or in excess thereof, shall contain the usual standard mortgagee clause making the locs ur.der sr~id poGcies, each and every. payable to said Mortga. gee as his interest may appeac, and each and every such policy shall be promptly delivered to and held by said ~ Mortgagee: and. not less than ten days in adrance of the eapiration of each policy, to deliver to said Mortgagee j e renewal thereof, toRether with a receipt for the premium of m~oh rnnewal• and there ahall be no such insur- ance placed on any of said buildings, any interest therein or pert thereof. unless in the form snd ~?[th the losr : payable ae aforesaid; and in the e~ent any sum of money becomes payable under auch poUcy or pollcies said ~ Mortgagee shall have the option to receive and apply the same on account ot the lndebtedncss secured hereby or ; to permit said Mortgagor to receive and uae it or any part thereoi for other purpoaea wiWout thereby waiving ~ or impairing any equity, lien or right under or by virtue of thi9 mortgage; and in the event said Morigagor ahall tor any reason fail to keep the said premises so insurcd, or fail to deliver promptly any ot aaid policira of insurance to said Mortgagee, or fail prompUy to pay fully any premium theretor, or in any reapect fa11 to per- form, diacharge. eaecute, effect, complete, comply with and sbide by this covenant, or any part hereof. aaid Mortg- } agee may place and pay for auch insurance or any part thereot without waiving or affecting any option, lien, eqnity or right under or by virtue oi this mortgage, and the f'~U aq~ount of each and every euch payment ahaII be immedjately due and payable and ahaA bear interest from the date thereo! until paid at the rate ot ten per centum per annum and together with auch intereat shall be secured by the lien ot tWs mortgage. s ~ 4. To permlt~ commit or sutfer no waste. Impairment or deterWntlon oi eatd pmperty or any psrt LhereM• i r 6. To psy all aad singular the coets, chargee and expenses, including nasonable lawyer'~ tees and cast ot abatracte o! title. lncurred or paid at any ttme by asld Mortgagee because and/or in the event of the fallurs on the part ot the said Mortgagor to duiy, promptly aad tuliy pertorm. dfschar8e, ezecute. eKect, completa, compiy vvlth and abide by each and every the atipulaUons, agrecments, condittons and oovenanta of said pmmis- wry note, and tl~Is mortgage, any or either. and aaid costs„ charges sad expenees. ~ach and every. shall bs lm- mediately due aad payable, whether or not thece be notice, demand, attempt to collect or suit pending: and ths full amount of each and every auch payment shall besr intarest lrom the date tbsreof until pald at the rste ot tan per centum per annum: and all eaid costa. charges aad espen~ w incurred os pald. to~etber with suc6 fn- terest, ~hall bs ~ecured by the 11ea o! Wa mortgage. f . ' BOOK 1/ O PAGE 851 ~ ~ 3 ;'i" e f t ~ ~ . Y ,r-~ ~ :~r~ ~"A_x n?~~ - - .