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Home My WebLink About0492 , . . . . $ s~ ~ STUART, Florida, ~~t 19 ~ FOR VAIU: RKEIVED, the undersi ned, jantiy and severally, PROMISE TO PAY to the order of M__ • N ~N~ w M ~A~.~`~~ w , at or such other place aa the holder heraof n~ay designate in writing, togethe~.with intereat from date at the rate of per oentum per annum on the unpaid balanoe until maturity. The said prindpal and iMerest ahall be due and payable it 1'8~ ~ $lai 006. 8P e~oh y~aat, tvq0t~a ~rith inta~eit a~ u~,p~d bal~ets~a, tsid l~rit p~,y~nent be~ii,q a~e ~r i~ram da~ yad aaatinu~ a~mu~ily ~1 yaid. Prspyna~eoctt m~y bs ma~ti~ a~y t~ at~eo~ tbs to~th y~etu~ ~out pe~a1~I. Suo~ ~l~1 tae earli~ p~ep~ymeot a~l bs ~s iabe~~at aQ tb~ t~ea~ vqpei~d b~o~ at d~ toe ttM reavnai~ at t~ lou~r ye~r fie~rn?. ~f a.hulr b. n~.a. w. W d.r. in r,. w,nn.m of .~w LraWa.nt of o.i,erw~ a wr..t or .nr wn ,h.r.of. M. whol. .um ,h.n ..m.usnp unpaid with inN~t ~hatl at I+dd~~ b~eorM du~ and wYabb wiM~ouf eaie+. Failun a~:weiN weA opUon ~MU nof eub a w~tw of fiw ?lpht ro~x~?ciN dr sanr in th~ rv~nt of ~wnt d~fwN. Afhr nrturfly bo~h prL~dpal and +wwd tM~~st ahdl b~ar int~nst at until iM nwlc~n and ~rdas~ra of M?is noM furfM? w~iw d~nd, nofio~ of non~qy~Mnt ard ProM~f. If thi~ eoN $ nof p~i~N ewNr~ ~d tl» wan~i ~4 p wilh ~n atlor~y for oolMclion, 1M m~k~rs and ~ndon~n lwwf prM b p~y ~II oatt af ooNwio~, Incbtinp ol oawt ao~W and ~wotibb aMOnwy Na. . g ~ As ?r~ ~s~?~~ ~1 ~ - 11~ As Trw~s ? tsEn~) ; ~ tsEA?~) ; ~ and ahall duly. prompUy and fully pertorm. diacharge, execute. efiect, complete, comply with and abide by each and every the stipulations. agreementa. conditions and covenants of esid promissory note and oi ttds mortgage. then this mortgage and tha eatate hereby created shall cease and be null and void. It is underetood that each oi the worde, "note; '"mortgagor" and "mortgagee" respectively and the pron- ouna referring theret0. W?hether in the singular or plutal anywhere in this mortgage. shall be eingular i! one.only and ahall be plural jointly and aeveraUy. if more than one, and ahall be meaculine, feminine and/or neuter, wher- ever the conteat eo implies or admits. f; Md aald Mortgagor for himeelf and hL9 heirs. legal representativea, succeasors and asslgns, hereby covea- anta sna agrees to and with eaid Mortgagee, hls legal repreaentat3ve9. successors and a8signs: 1. To -pay all aad aingular the principal and intereat end the various and a~mdry suma oi moneq paysble by , virtue oi aaid promiasory note, and this mortgage, each and every~ pmmptly on the days respect[vely the same severally become due. ; 2. To pay all and siagvlar the taxea, assessments. levies, liabilitiea, obligatione and incumbrancea o! avery nature end kind now on said deacribed prnperty. and/or that hereafter may be impoeed, euifered. placed. levted or assesaed thereupon, and/or tt~ai hereafter may be levied or asses9ed upon this mortgage and/or the indebted- ness secured hereby. each and every, when due and payable acoording to law. before they become delinquent„ and before any interest attaches or any penalty i9 incurred; and in so far as any thereof is of record the same shall be promF y satisfied and discharged of record and the original official document (euch aa, for instance, Lha tsx receipt or the satiafaction paper oflicially endorsed or certified) ahall be placed in the hands of said Mortgagee within ten days next aiter payment; and in the event that any ihereof is aot ao paid. satisfied and diacharged, said ~Mortgagee may at any time pay the same or any part thereoi without waiving or affecting any option, lien, equity or right under or by virtue o! this mortgage. and the full amount ot each and every auch payment shall be immediately due and payable and shall bear interest from the date thereo! tuitil paid at the rste of ten per centum per annum and together with such interest shall be secured by the lien of this mortgage. inaurance in the usual standard policy form, in a sum not less than i--•--•-------•---•----•-------.. in auch com- pany or comp^nies as may be approved by said Mortga~ee: and all such i poUciea on any of said build- ings, any inierest therein or part thereof, in the aggregate sum afo in excess thenot. shall contain the usual standard mortgagee clause making the loss under sai es, each and every, payable to aaid Mortga. gce as h18 interest may appear. and each and every s ~cy shall be promptly del~vered to and held Ly aaid Mortgagee; and. not les~ than ten days in ad~ a e expiration ol each policy, to deliver W said Mortgagee s renewal thereof, together with a recei e premium ot auch renewal• and there shall be no such inaur- ance placed on any of safd buildin interest therein or part thereof. unles~ in the form and wlth ihe loss payable as atoresaid; and in ent any sum ot money becomes payable under such poUcy or policiea aaid Morigagee ahall have th on to receive and apply the aame on account oi the indebtedness seeurec! hereby or to permit aaid Mort to recelve and uae it or any part thereot for other purposes without thereby walving ! or impatring an ty, lien or right under or by ~frtue of thi~ mortgage: and in the event said Mortgagor ahall for any re ai! to keep the aaid premi~es so insured, or fail to deliver prompUy any ot aaid poUcies o! insuran aaid Mortgagee. or fafl promptly to pay tully any premlum therefor, or in any reapect tail to per- torm arge, execute, effect, complete, comply with and sbide by this covenant. or any part hereot. sald Mortg- sy place and pay for such ineurance or any patt thereot without waiving or a[tecting any option, lien. uity or right under or by virtue ot this mortgage, and the full aq~ount of each and every such payrment shall De lmmedia el due and psyable and shall bear interest tmm the date thereo! untll paid st the rate of ten per . # 4. To peridt, commit or iulfer ao waate. lmpalrment or deterforation of safd propsrty or any pert thereo[. ! 6. 1b pay a11 and singular ths costa. chargei and expenres. tncludit?a reawnsble Lwyer'~ fees and co~t o! ab~tracb oi title. lncure~ed or paid at any time by sald ~t~rtgagee because and/or 1n the ~vent ot the tallura on the part of th~ said Mortgagor to dulq. Promptly ani tully perfotm. diichsrSe. ezecuta, effect, completer ~ comply wtth and abide by eacb aad everp ths atlpulation., y,~eementa. cond~uons and covenentr ot said ptoraf~- ' aory note. ar~d Ws mortgage. any or etther. and safd cwte ~:narge~ aad sxpenw. each and everY. sDall b~ ~m' m~i~ tely due and payable, whether or not thers De noticr. 3emand. atteTenpt to oolfsct or a~utt pending- and tM full a:nount of esch and every auch payment ahall beat int~rest froa~ ths dat~ tMreo! untll pald at tae nte ot t~o pcr centw~a per annum: and all ~atd cest~. chanp aad e~cPww w lncureed or pa14, to~eth~r wfth sucb fn- t~rwt~ ~ba11 b~ a~cutrd th~ lf~a ot tlifa mo~a~a. aoox 1?3 F~ 4~7