The URL can be used to link to this page

Home My WebLink About1922 • : ~ ~000• 0~ ~ STUART, Florida, L" 19 ~ r 1~~ ths undersi~~sd, ~ointly and asverally, PROMISE TO PAY ro th~ order of ~ ~ OOU,ARS, at • ; or suth other plaos as ths holder heroof may dssi~nats in w~iting, together with Interost from date at ths rata of pe~ aen~ u~psr an~i ths unpeid bala~as until maturi . The ~id prind I and imerest shall bs dus a~d payable ~rtsll~?!~ ~t ,000 00? Mo~i, ~lw ~esswi i~l~~! M tMaitysi~ IMla~ !M lis~t ~~M~ '~itsl~ , IN itM eM ~a~s ~so~ dst~ l~t. Thi~ ool~ py?~ b~ ps~~id ia ~ol~ os is ~ast •t ay tLN ~ithont M~It~. If ddM~k e. ,~.a. fa. . a.r. M;M o.yn~~M of .n~? I~qN~nt of pindp~l o. Yna.w o. +rw o..~ ,h«.oi. wneb .u~ +Min nMiniiw uepdd w~HA Yr~nd ~MN •M hoMl~s i~b~oon» dw and p~yabM wiMiaR aaia. fiilun to ~,wci» weh aolloe ~N +af o~itvN a watw of tM ri~IM a~c«ciN Nw wn~ ln ~M w«w of. d~fwM. Afw awurRy bo+h pindpd aed aa.wd bwrot ~II b~w Y~««t N oM a~a p~? anri. ueHl wi~h ~ Mbnrfl ior ooll~ i~ia , ~s ~indon~ies ~+PM~to W11~ip~of~ooM~CN~oq, Y~dudao a~N a~wRt~oot~a d tN~iarbii~~t a w~r~t~wk ~ ~/will~d Lnu~hon COPT ~ . N % , ; ~ (SEAL) ~ •/alic• 1[. L:u~hon ~ and ahall duly. Pmmptly and lully perlorm, discharge, execute. eifeck oompletr, ooinply wlth sad abide bq eacb and every the atipulatiwis, agreements~ oonditions and covenants of aaid promiswry note and o! tdis mortgaga, then thls mortgage and the eatate hereby created ahall cea~ snd be null aad void. Zt is uaderatood that each ot the words~ ••aote." "mortgagor^ and ~•mortgagee•• reapectively and the pron- ouns nferring thentq whether in the sit?gulsr or plural anywhere in thls mortgage. ahall be stagular ii one only and shall bs plurel jointly and severally. ii more thau one, and at?aU be mascutla0. teminine abd/or aeuter. whet~ ever the oontext so implles or admits. And said Mortgagor !or himseli and hie heire, legal nprmentatives, succeasors aad assigns, hereby oovea- ~ ants ana agrees to aad with said MortBaBee. hia legal representative~, aucceasora and aseigas: i. To pay all and aingular the Principal aad intereat snd the various and suadry sums oi moneY Pa3rabie b7? Mrtue of said promiswry aote. aad tbis mort8a8e. each aad every. PromPUY on ths daya respsctlvdy ths same severally beoome dus. . Z• To pa~Y a11 and siagvlar the tazea. aseessments. levies, llabilities, obHgat[ons aad incumbranoes oi ever~r nature and kind now on said deacribed prnperty. and/or thst herr,after may be imposed. auffercd. P1~[ced. levied or sasessed thereupon, and/or that hereatter may be levied or assessed upon thia mortgage and/or the indebt.ed- nesa secured herebq. each and every. when due and payable according to law~ before they become delinquent, and before any intereat attachea or anq penalty is incun~ed; and in so tar aa any thereof ia ot record t6e same ahall be promptly aatisfied and diacharged of record and the original ot!'icial document (auch ss. tor inataace. the tax reoeipt or Uu aetisfaction paper officially endorsed or certified) shall be placed !n the handa of aafa Mortgagee wIthin ten daye nest efter payment; and in the event that any theriof is not so paid. astiafied and diacharged. said Mortgagee rnay at any time pay the aame or anq part thereot without waivtng or affecting any option, llen. equity or right under or by virtue ot thls mortgage~ snd the full amount oi each and every auch payment ahall be immedtately due and payable and ahall bear intere~t from the date thereof until paid at the rate oi ten per centum per aanum and together with such intereat ahall be secured by the llen oi thL mortgag~ a. To placa aad continuously keep on the buildinge now or hereafter sftuate on said land 8re and wlndstorm insuranoe in the usuut standard pottcy torm. in a aum not less thaa s.....--------~011@ in auch com- pany or compsnles aa mey be appmved by aaid Mortgagee; and a11 such insurance pollc[es on anq of said bulld- inSs, any interest therein or part thereof, in the aggregate sum aforesaid or in excesa thereoi. shall contain the usual staadard mortgagee clauee malciag the loss under said pollcfes, each and everq, psyable to said Hortgar gee as hia interest may appear~ snd each and every such policq ahal! be prnmptlq delivered to and held Ly said Mortgagee; and, not lesa than Len d,ays in advance of the eapiration ot each poHcq, to deliver to asid Mortgsgee a renewal tt~ereoi, together with a receipt for tt~e premium ot auch renewal; and there shall be no such inaur- ance placcd on any oi said buildings, any interest therein or part thereot. unless in the form anc! with t6e loaa payabte as atoreaaid; and in the event aaq aum of moneq becomes payable under such pollc}r or poIIciea aatd )dortgagee ahall have the option to receive end apply the eame on accouat o! the iidebt~dneas secured hereby oe to permit said Mortgagor to recefve and use it or any part thereof for ather pvrposea w?Ithout Lhereby waiving or impairing sny equity, lten or rfght under or by virtue of this mortgage; and in the event said Mortgagor shall for anq reason isil to keep the said premi~w so insured, or iail to dellver promptly any ot aaid policies of lnsurance to aatd Mortgagee. or fail pmmptty to pay fully any premium Weretor, or in any respect fail to psr- iorn?. diacharge, execute, eilect, oomplete, complq with and abide by thb covenant, or anq part hereof, said Mortg- agee may place and pay for such inaurance or sny part thereof without waiving or affectiag any option. lien. equity or rlght under or by virtue ot thls mortgage, and We l1~ll aq~ount of each uid every such payment ehari be immedlstely due and paysble and shall bear iaterest trow the date U?ereoi unW paid at the rate o! ten per ceatwa per aanum aad together wtth s~ch lnterest s1u11 be sea~red by tbe liea od tl~is mortgage. 4. Zb permtt, comn~lt or satter ra waste. impairment or 8eterbniba ot aald propsrt~ or any part thereo~ 6. 1b PaY vi and dngular the cwtts, ct~srgea and expenae~ lncludins rea~o~nsble Lwyers teea and coet o! aDstracb o! tltle, incure+ed or pald at an~ tinae by asid M~rtgs~ea because and,/or in ths event a[ ths fWurs an the part ot ths said l~[ortgagor to du1y. Promptly aad tiill~ pestorm. di~char80. eucnts. aKect. co~ppleter o~mply arltb aad aDdde by aa~ aad every tbs atipuLtion~, a~greemeata. conddfwn aad ootrenant~ of said promi~- F wrY note. aad tbls mortgaga aa~ or efther. and aaid costa ct?arga~ aad eupe~ue~. each ana every. ihau bs 1m- medi tely dus aad paysbie. wrhetLer or aot tbae+a bs aotice. demand. attempt to ooriect ot anft pendiug: auA th~ lUll a.~nauit oi each and erery such payment aLall bear iatereat froa? tbs dat~ tD~reoi ~mW paid d the nte o~ ten per centum per aunum• aad all said coeb. ~barsea aad ~zpaow ~o.inaurr~d or patd. toCst2wr wfth wch in- terw~ a~1! ~~ecvrad b~? t?~ lim ol thfs most~s~. eooK17~ ~1919 ` ~ ~ - ~ _ ,~~.t~.--~ - ~ ~z~, ~