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HomeMy WebLinkAbout2105 . s• i~ STUART, florids, 19..~ FOR VALUE RKEIVE~, the undersi ~ed, jointl and :everolly, PROMISE TO PAY ro th~ order DOLIARS, - - s..~.~ W~~_ f'~rrlr or :uch other plaos as the holde~ at ~ ~ osntum annum on ths heroo{ may clesi~nate in w~itinq, topether with interost from da» at the ~ate of per PK unpaid balanae until maturity. Ths said prindpal and intK~t shali bs due and peY~~ M~ZM~S ~1~.~~ . w~r. a. tuse ~.,~.r..~ ~•s +r• «r .o.a~ =s~w. r.a. wa sMs1w~ so~ ~ ~~t ~wlM~ ir!!1 /1?id. w ~t ~lT~.lt ~ ~.e~ ~..~.~~i a~s i: .~ar- Ns'~~.,''''..~a• . If d~twk b~ ~n~ fw dws M tM WY~M ~ anfr imwW~u oi ~.~,,~t~1 or MNrMt a+~Y P~ ~`"~10 ~ w~iivK~of tM~?i0M unpdd wtth inMna ,h~N a hole«'• s.oo~e. du. .nd ar~ wiwoul eotbw ~.i~.. a.:«aw w~d~ owia? ~Mx na w~a~reiN tM tn 1M ~M of N~t d~fault. AfMr ~tur~M ~ P~dP~ ~nd ~aru~d hawwf thdl bw MM~t M~~~ Pr +11111° unNl 1M aMk~n and «+dort~rs of na1~ t~wNwr waiv~ dw~and. eaia of noo-wtl~w~t +^d P~~- ~~11 cyourt oaa and ~woibM MlonMf? t+~- plsad wi~h an ~notml? iat oolbcrion. tlr ~rlwn r+d ~ndon~ra Iw+of qN 1o P+Y stl aosta d ooWctioa. Y~cMi~q ~~$E/1W rr 0 ! Z ~ ~ and ahall duly. pmmpuy aud tully pertorm. d;achsrge, exec+~te, effect, complete+. comply W1tb and abids by eacl? and ever~r the stipulations. a,greements. oonditions aad covenanta oi said prom~awry note and of this mortgaga. then this mortgage and the eatats hereby created shall cease and be null and void. It is understood tLat each oi the woMs. ••note,•• "mortgagor" and "~nottgsgcs•• napcctively and We pron- ouna nierring theret0. whether in the singular or plural aaywhen in t,hfs mortgage, ahall be afagular it one ody and shall be plural ioinUy and severally, U more than one. and ehall be masculine. femii?ine and/or neuter. whe~ ever the oontext so impHes or admits. And aaid Mortgagor !or bimseli and h3s heirs. legal repreaentativeq, aucxeasura ~d ~ssigns„ hereby oovea- ant~ aiw agrees to aad with said Mortgagee, his legal reper.aentstives, successors and smigtu: R 1. To psy W aad aingular the prlnc3pal and interest aad the vstious and suadry auma oi money paysble b~ ? virtne of said promlasory aote. and this mortgag~ each aad every. Pmmptiy on the day~ respectively t6e ~am~ severally beoome due. 2. To pay all and sfn8ulsr the tazes. aseeasmerts. levies. liabilities, obligatlons and incumDranoes oi ever~ nsture and kind now oa said described property, and/or that bereaiter may be imposed. ~uitered. Plsced. levied ; or aas~ased thereupon. andlor that hereatter may be levied or assessed upon this mortgage and/or the indebted- ~ neas aecured henby. each and every. when due and payable according to Lw. beforo they become delinquen~ ~ and before any intere9t attachea or any penalty is Incurred; aad in eo far as any Wereoi is ot noord t~ sam~ ~ ahall be promptly satistted and diacharged ot record and the original official document (wctt as. for in~taace, the tax receipt or the satisfaction paper oificially mdorsed or certified) ahall be placed in the bands ot said Mortgagee within ten daya next after paqment; and in the event that any thenoi b not so paid. satisf'ud snd t diacbsrged, said Mortgagee may at any tlme pay the aame or anq part thereat without waiving or atfecting ~ any opGOn. lien, equity or right under or by ~irtue oi thia mortgage. aad the full amount of each a:W every : such payment ahall be immediately due snd payable and ahall bear intere9t from the dats thereof until paid at We rate oi ten per centum per annum and together with such iniereat shall be aecured by tLe llen of thi~ ~ ~ IIIOI'~g8$!. ~ ~ S. To place and continuously keep on the buildinga now or henafter situate on satd lu~d lirs and wtr?dstorin ~ 11AX~IDi1m in such com- tnsurance in the usual atandard pollcy form. in s aum not teas than i-•----•.._ m_._.._........... ~ pany or comp^nies as may be spproved by said Mortgagce; and aU such insurance poUcies on et~y oi ~atd build- ~ ings. any intereat theretn or psrt thereoi, in ihe aggregate aum aforeaaid or in excess thereot. ~hall contain ths ~ usual standard mortgagee clauae making the loa~ under said polictes~ each and every. payable to said Mortgar gee aa his interest may appear. and each and every auch poticy shall be prompUy dellvered to and held Ly aald ~ l~dortgagee: snd. not less than ten days in advance of the expiration of each pollcy, to deLver to asid Hortgages ; a renewal thereof, together with a nceipt for the premium of such renewal• and there ~hall be no such insur- ance placed on any of ~aid buildings, any interest therein or part thareof. unless in the form and wlth Lhe los~ , ~ psyabie es atoreaaid; and in the event any sum of money becomea payable under such pollcy or policies said Mortgagee ahall have the option to receive and apply the same on account oi the 1ndeDtednes~ aecured harcby or ~ to permit said Mortga},[or to receive and use it or any part thereoi for other purpoees without thereby wsivins or impalsfng any eqnity, llen or right ur~der or by viriue of this mortgag~e; u?d in the event s~id ltortgagor sha11 ~ for anq reason [ail to keep the sald premi~es so insucrd. or fail to 8e11ver promptly any ot qiQ poUcies ot ~ tnaurance to aaid Mortgagee, or fail prompUy to pay fully any p~emium therefor. or in aay r~spect fail to per- ~ torm, discharge. execute. eftec~ oomplete, comply with and abide Dy thla covenant, or any part hereof. eald Hort6• ~ agee may place and paq for such iruurance or any part thereof without waiving or aftectlng any optio~?, lien, ~ equity or right uuder or by virtue of Wi moKgage, and We NU aqzount ot each and every such ~yment ehall ~ be immediately due and paysble and ahall bear fnterest trom t!~ date thereof twtil paid at the rate oi ten per ~ centum per aanum and togethar ait2~ such intereat ahall be ~ecue+~d Dy tbe Hen of tLLr awrtgage. ~ 4. Zb perrd~, commit or ~utter no ~ra~te. lmpairtnent or dst~erforattoa of aald P~P~7 a++~7 P~ thereot 6. Zb pay all aadatn~1ar tbt co~t~. chsrsa aad expenees. includlns rta~ona~e 4wya'~ few aad cwt o[ ~batracb ot tfile. tncure~ or pald at at~? ttma by ssld M~rt~e~ because aad/or fn t~ ~ent d ths taltut~ on We put ot tM said 1[urt~or to dulY. P~PW an3 tu117 P~rfone. dl~urSa. esecnt~. aifect. comPlet~ oomplr wiW aad abtde b~ eacb aad ever~ th~ stipulatbn~. sgreem~ent~. ooAd~tlon~ aad oo~venaAb ol nid pro4nls- ~Ory flOtl. alld f2llf DIOTt$i~'~. aR~ O! ~1L11lr. llld ~ild COlt3 Ch#1'~M illd l~EO~M, ~iC1t a114 f~lTy ~W a IlM ~ medi lely dW and PaYse10. whetLer ot not the» b notlce, 3emaad. aitampt to ool3ect oe nUt p~adins: and t!M full a.tiount of e~ch anA tvtry w~cA p~yment shW b~ae intereat trom tlw d~t~ ~ tmtll pafd at the nte a! ~ ba per cu,tum per anaam: .ae an ..1d oo+t.. esarsea aad .:aaw .o lacusera oe pal4 to~tb~ .NU, .nca tn- csr~.~ ,eau a..eur.a D~? ta. wo o: caL awres.`.. ~ i ~ d~ ~~ri~~ ~ ~ - - ~ _ = h~<"~~'~ -k::~~~