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Home My WebLink About1338 , 44~8d0.00 Stuart, Florida - June 18 19__ 68._ FOR VALUE RKEI'dED, th~ und~rsi~n~d,~otnt snd s~v~nl , PROMISE TO PAY to th~ onler of_~_~__-~-~---_-~--~.~__ ' SURGESS B. FIELD and E. FI , ~?R~ ,___~.i~ ~L.~l._ l~ortv-four Thousand ~iqh~ Hu~dr~d M~N~~~~N__-_____r+__~---N DouARS, at _=~2n Road _ L~tG~a~ceville.~31 4~~5?~ _ o. wd+ ah.r plaa as th. hold.r hersof mar d~si~t~ in weitin~ toyMher wifh int~rest fe~om ~~"nw 196~ at th~ rata R~-x _ p~r a+~tum pK aenum on fh~yepaid bslaaa~ unNl mNu~ity. Th~ said prindp~l and int~nu shail b~ dw a d abk as Iows: In semi annual inatallaents of S3 20p 00 of principal, plus ~ est ~en due, on the 25th da o~ December ~968~ and c~ Qntin 3nq on the~~~ day of June and De ember o~ each year tt'ier~G: ~er until pr~- ; cipal a~nd interest are fully pa~d. The makers may pay any part or all of the unpaid principal at any t3me without penalty. K d~fwM b~ ~~i ht daps i~ N» p+r~t of My iafaNwMt ef priwdp+l w i~hrat w awy psA NNhoi. 1M vri~oM sw~ tlMw e+waiwiM unpsi~ wMh i~Ne~st sbaN af 1»Id~~ ~ b~ee~ dN wd ppaaW~ wilrod wiiu. Failw~ te ~KCis~ wef~ eplie~ siuM wet eo~sfihrh vniwr ef 11» W .iykt N~x~niw 11» sw i fM ~wwt ef s~t d~fwk. AfN~ w~weilr botb pri~etp+l a~d aec~ i~NnN thaN bw i~Nnst ~t pK uwww~ ~s psr a~w~ w~K) p~W. il» MItMS awa ~n ~f t6is ~oh /wlMr vr~iw d~~d. ~otiu oi wew*ay~f asr P~oh+t. K 11~it ~eh is wt paid d n~a~vrihr awd fM saw~ is ~ wi~A M M1erw~r fe~ e~M~die~. tM ~ak~n ~wd u~d~rs~es iwe~ef a~ to pr ~M eests ef alMaiio~. i~d~ aN sarrt costs ~ nNOwaM~ aTheMr h~s. - S/ B~ ariChe YSLts._--------------------------- --------~SEAL) ~ . HIa'nc~ie ~r~ : ~ ---(s~) • ,W,r ~ _ (SEAL) >'.i~'~-~i'~~i~~5~i"+-~i~'~'~. ~ and shall duly. pmmpUy and tuUy perlorm. discharge. execute. effect, compleix, comply wlth and abide by eacl? and every the stipu2ations„ agreementa, conditions and covenants of said prom~ssory note and oi thie mortgage. then thia mortgage and the estate bereby created shall cease and be nuU aaA void. It is underatood thst each of the woNa, "note; '"morigagoY' and "mortgagee" reapecUvely and the pmn- ouns referring thereto. wbether in the singular or plural anywhere in thls mortgage, ahall be eingular it one onlp and ahall be plural iointly and severally, if more than one, and ahall be masculine. feminine and/or neutes. wher- ever the context so implies or admita And aald Mortgagor for hlmnelf and hia heirs. legal reprrsentativea. succes9urs and aasigns, henby uoven- ante ana sgrees to and with eaid Mortgagee, hia legal representatives, successora and aeaigns: - 1. To pay all aad singular the prtncipal and interest and the various and auudrq eums of money psysble by virtue o! said pmmissory note, sad tdis mortgage. each and every~ promptly on tha days respectlve~y the aame ; severally become due. ! 2. To pay aU aad aingular the taxea. assessments. levies„ lfabilities, obUgations and. incumbrances o! every ~ nature and kind now on said deacribed pmperty. and/or that hereatter may be impoaed. euifered, placed. levied f or assesaed thereupon, and/or that hereatter may be levied or assessed upon this mortgage and/or Lhe indebted- j ness secured hereby. each and every, when due and payable according to law, befon they become delinquen~ 4 and before any interest attaches or any penulty is incurred; and in so far as any thereof ia of record the same E shall be promptly satisfied and discharged oi record and the original officiat document (auch as, for inatance, ~ :he tau receipt or the satisfaction paper officially endorsed or certified) ahall be plnced !n the hands of said Mortgagee within ten days next after payment; and in the event that any thereot is aot so paid. satisfied and discharged. esid Mortgagee may st any time pay the same or any part thereof v~~ithout waiving or aifecting any optiOn, llen. equity or right under or by virtue of this mortgage. and ihe full amount of eacb and every such payment ahall be immediately due ar?d payable and shail bear [nterest from the date thereof untll paid at the rate oi ten per centum per annum and together with such interest ahall be secured by the Iien o! this mortgage. S. To glace and continuously keep on the buildinRa now or hereafter eituate on said Iand flre and dstorm ~ hi hest insnrable ~~a"~'ue insurance in the usual standard policy form, in a sum not les9 than i-••-•--q•----------------•-•---•--....._...._._---..1. in auch com- ~ pany or comp^nics as may be approved by said Mortga~ce: and all such insurance policies on any oi esid build- 3 ~ ings, uny intereat therein or part thereof, 1n the aRgmgate aum a[oresaid or in excess thereot. ~hall coniain ths usual standard mortgagee clause making the loc9 ur.der said policiea, each and every, payable to said Mortga. gee as his interest may appear. and each and every such policy ahall be promptly delivered to and held by said Mortgagee• and, not less than :en days in advance o[ the expiration ot each policy, to deliver to said Mortgagee a renewal ~thereof, to~ether wi[h a receipt for the premium of au~h renewal• and there ahall be no auch insur- . ance placed on any of said buildings, sny intereet therein or part thereof, unless in the form and wlth the loas payable aa aforesaid; and in the e~ent any aum o[ money becomea payable under euch pollcy or polic':es said ~ Mortgagee shall have the option to receive and appty the same on account ot the indebtedneas secured hereby or to permit said Mortgagor to receive and u.ae it or any part thereot tor other purposes arithont thereby a?aiving ~ or impa[ring any equity, llen or right under or by virtue of this mortgage; and in the event said Mortgagor ahall for any reason fail to keep the said premiees so insurcd, or fail to deliver promptly any of aaid policiea o! insurance to said Mortgagee, or isil prompUy to pay fully any premium theretor, or in any respect fatl to per- ~ form, discharge. eaecute, etlect, complete, comply with anG abide by this covenant, or any part hereot. aa5d Mortg- ~ ~ agee may place and pay for such in~urance or any part thereot without waiving or affecting any option. lien. equity or tight under or by virtue of thia mortgage, and the tUll aqnount of each and every such psyment ahall be immediately due and payable and ahaU bear interest frpm the date thereoL untU paid at the rate of ten per ~ centum per annum and together with such interest shall ba eecured by the llen oi thfs mortga8e. 4. To per~dt, commit or aulter no waste, impairme~t or deterloratlon of said property or any part thereol. ~ 6. '!b psy all and singular the coste, charges and expenses. including reasonable Iswyee'~ fees and ca~t o! abatracta of Utle, incurred or patd at any time by said Mortgagee bccauee and/or in the event of the tailurs on the part ot tt:e ssid Mortgagor to duly. promptly and fully psriorm. dlacLarge, ezecute. eKect, complete. oomply wtth and abide by eacb ead every the atlpulations, agreements, condiUons and eovenanb of aaid pmmis- sory note, and this mortgaga any or either, aad said coats, charges aud eapenses, each aad every. aball be Im- - mditately due and payable, whether or not thera be notice.' demand, attempt to' coUect or suit pending: eu~d ths full amount ot each and erery such payment ahall bear iatenst from the date tdercoi until pald at the rate oi ten per centuat per annum: and aIl ssid oosta. chsrBea and ezpenses w iacurnd or paid, together witL such fn- terest, ~a11 bs iecurcd by t2~e Aea oi thb mortgage. gooK1"l2 PACf13~4 - - „ i:~, _ _ . _ . _ _ - ~ ~ ~ = s":t