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Home My WebLink About0258 . • - ~ . , . ~ . , ~ . • ~ 1~-~' ~ STUART, florida, - ~~~c•G ~ 19~. FOR VALUE RECEIV~p, verail OM P Y to ths order of ~TFr~~~' ~ia~i ~ ~ouAas, at or such other plaoe as the holdx hereof may desiqnaro in wrltin~, bgether with interest from daro at fhe rate of per aentum per annum on the un id bslenae until maturity. The said pnndpal and imersst shall bs due and payable $~°i~. ?8 w mo~, t~ th~! p~yan~nc b~ ~ aeM moa~h trom~ e.~ .sdt coa~aaoir toor ~ah moa~h mal pat~ T~ ~n d~186. ?8 paf?d M~oh nu~ a~ll lSrat b~ o~d sna ~~ns~n~ tio !bt prL~ipai a~ !b!a obll~ Tbia n~ob~ noy b~ ~p~1d aR wi~ont peaai~ H a.r.dr e. .~.a. ta. w dw. ta ru p~ynwa of .~w wraw.«+~ of ~y,~~ a. ra~.na o. .~w w•r Mwof. +h. .un N,«~ n~..tnhp uno.id wt~h M««t dru .t hdd.r• b.oaa• dw and payab~. wt+houf eoNo.. fiiluri a.x«~ci~. wd~ oqtoo .haM na oom . w~tw of +M .t~A? a uuici» d» srM In tM ~v~nf d~ d~fauM. Afw iwMurth? bolh P~ctpd and aarwd inNr~tt Jrll br MtaMt N OM caMuw pN anww unHl TM sak~rs and ~ndoesws of tNs noN iurtMr w~iw d~r+w~d, naia of ~t ~nd P~oN~l. H thi~ ~oM it no1 p~id M~nM~wify and tM aaw b wi~h ~n ~MOm~r for ooiMcMon. th~ ark~rs aad w~dorws IwwF +Yr« b p~y aN oaM of ooWaioti Inchdnl~ ~q oops ~nd twombM ~MO~my iw. t . ! • ~$~14~ and shaU dulY. Promptly and fully pedorm. discharge. e:ecutc. etfect, complete, canply witb and abide by each and every the atipulations„ agrcements. conditions and covenaat8 oi eaid promisiory note and oi UUs mortgage, then this mortgage and the estate hereDy crEated shall cease and be null and void. It is understood thst each oi the worde~ ••note," "mortgagos" and "mortgagee" nepecdvely and the pron- ouns referring thereto, arhether in the aingular or plural anywhera ia thls mortgage. shall be singular ii one only and ahall be plural iointly and severally. ii more than oae. and ehall be maeculine. feminine and/or neuter, vvher- ever the oontext so impHea or admita And sald l~ortgagor for himeeli and hia heirs. legal representativea. euceeasora and aasigns, bereby oovea- ~nts ana agt~ees to aad with said Mortgngee, bis legsl representstives. succ~sose aad aaaigns: 1. To pay all and aingular t2~e principal and intereat ~ad the vartous and simdry auars oi monay paysble by vlrtas o! said promiaeory aote. and this mortgage. each and every, promptly on the days reapectively the aams severally become due, 2. To pay ail and singnlar the tazea. aseessmenta. levies. liabWties, obligations and incumbranoes oi ever~ tiature and kind now on esid dsscribed pmperty. and/or that hereatter may be imposed. suffered. placed, levied or asseased thereupon, and/or that hereafter may be leWed or asseseed upon this mortgage ead/or the indebted- aeas secured hereby. each and every. when due and payable acoorfling to law. before thay become delinquent, ; and before any intereat attaches or any penalty is incused; and in ao far ae any thereot is o! reoord the same ahall be pramptly satiafied aad discharged oi record and the original official documeat (auch as. for instaace, the tax receipt or the satiefaction paper officially endorsed or certtfied) ahall be placed 1n the hands of said j Mortgagee within ten days nert atter payment; and in the event that any thereo! is aot so paid. satisfied and E diacharged~ aaid Mortgagee may at any time pay the same or any part thereot without waiving or aflecUng anq option, lien, equity or right under or by viMue o! this mortgage. and the full amount oi each and every t such payment ahall be immediately due and payable and ahall bear interest from the date thereoi until paid ~ at tbe rate oi ten per centum per annum and together with such interest shali be eecured by the lien oi thia mortgage. S. To plaoe and continuously keep on the buildinga now or hereafter eituate on said land llre and wlndstorm insurance In the usual standard policy torm, in a sum not less than i.. in auch com- panq or companies aa may be approved by said Mortgagee; and all such insurance pollcies on any oi said build- ings. aqy interest therein or part thereol, in the aggregate eum aforegaid or in excesa thereof. ahall contain the ~ osual atandard mortgagee clauae making the loss under said policfea, each and every. payable to said Mortga. ~ gee aa his interest may appear, and each and every such policq shall be promptly deHvered to and held Lq sai~ Mortgagee; and, not lesa thaa ten daye in advance ot the expiration of each policq. to deliver to aaid Mortgagee s renewal thereof, together with a receipt for the premium ot auch renewal; and there shall be no such insur- . ance placcd on any of said buildinga, any intereat Lherein or part thereof. unless in the form and wlth the losa payable as atoreaaid: and in the event any sum ot moneq becwmes payable under euch poUcy or pollcIes said l~ortgagee shall have the option to receive and apply the eame on sccount oi ihe indebtedness aecured berebq or to permlt said Mortgagor to recefve and uae it or any part thereof tor other purposea without therebq wffiving or impairing any equity, llen or r3ght nnder or by virtue of thi~ mortgsge: and in the event asid Mortgagor shari for any reaaoa fail to keep the said premisea so in4ured, or fail to deliver pmmpUq any ot said pollcies oL insuranoe to aafd Mortgagee, or faU proinptJy to pay fnUq any premium therefor. or in aay respect fail to per- form, diacharge. rxecute, etfec~ complete, comply with aad abide by thia oovenant, or anq part hereoi. aaid Mortg- ~ agee msy place and pay for such innurance or any patt thenof withont waiving or affectlng sny option. lien. equity or right under or by virtue of this mortgage, and the full aq?ount oi each and everq such psyment aha11 be lmmediately due and payable and ahall Dear intereat irpm the date thereoi until paid at the rate ot tcn per centum per annum and together with euch intenst ahall be secured by the llen oi tbli mortgage. 4. To permft, oommit or aufter no waste, impairment or deteriosatlon oi said property or auy part thereoL 6. Tb p~r a11 aad dnguL?r the costa. charges and expenaes. including e+ea~onable Lwqe~~ fees aad ca~t ot abstre~cL oi tltk, incurred or pald at aq~ time by said M~rtgagee becsuse aad/or W the ~vent a[ ths lWurs a~ the part ot th~ ssid ~ortgagor to dulY. Prnmptly and fu1lY P~~. ~B0. eiecuts, eifect, oompleter oomply wiW and aDide by esch aad every tha stlpulsUon~, agreements. cond~tions aad ooveaanb of said promir aory note, and Wa mortgage, any or eftl~er. aad sald coeta charges and eacpen~e~, ~ aad everp, ~ha11 b tm- me3, tely due and payable, wrhetber or not tbara be notice, demand, attempt to ooUect or suit pending: and ths ~ full a:nount of each snd every such puyment shall bear interest lro~ ths date tAersof unttl pafd d the rste at ten Pe~ centuai per annum: and a11 utd cwts, char8es aad ezpeow w iacurnd or pai4, to~et2Ne wltb sucb ia- cen.t, .h.u a.scurea bq ce. lfan or w. mo:cga~. ~ ~ i eo~17~"i' ~ ~ 258 . ; - . , _ y~~:~: