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HomeMy WebLinkAbout0334STV1-RT. Florida. ~~::::~.A:.~........ lti .~... :.......~.g.~.tt ~ .............. FOR VALUE AECEIVED, the undersi ~d. loinil and ss~essU .PROMISE TO PAY !o !hs ordes ot..... ............................................. ~on...'~.cr... osiaa . .. .............. . ........ ~~ .................... DOLLARS. ........................................... ............................................................................................... ..•.. .........os such olhe: place as ihs hoktes ,toaoo~ 1M~.~...~o~lr~d• .................. a ~•olt. ~!ants .................................. .....-~---~ a! ..l~!r~ ......_.. .............. _ pas eeaiual pas annual oa !hs unpaid hersot roar desigasle in writing. Mgelhss wish ~iaeteses! sbapdb eo du• sad payabla• ~ :Oiler= baUltee until a+attlsltp. TIN said priadpal and •1T. it • roatll-, tM lisot p•~MSt roitla~ iao otlN I~OtitY lsaM a•to, ttlid it ~•i~ aeti.w toe o•oh •otr t ~iaa eti:t~i:.~ •.~aii.~s~.: i~M~i~' to tr. o~o~ .o.tr .W-11 li,r~t w prioai~•1 0! trso oblia-tiots. Tdio lioto ts•~ M ~~td •t u' tiro ~rit~t ~oti•lt~. rt t-erwl, tti\ r\\I\ \~ tA\w re~\ie-W If default M e\i\ !\r -••-~~~-- J\7\ iw tlo ~grmwt e! \nr [wstall\e\wt \f prlwcipal er iwtereet a awr N _ uw~~ with iwteeost \611 at 4\Id\r'\ Nth b\coM dwe a\i M1~ r.itAoot ^stie\. Fail\n 1 awd ~ eared int\n t shall bwr Iwt\rwt ~ ~~N- awtes rfslt b s~torclw tw w~\ !4 tL\ \vewt el \Y!\puwt der\Ylt. Attor ~\turitr bot\ ~riwdM ~~ per u\u~ wwtU t~ TM ~olt- ads att~x~w\t~ x cotlse wtfew. th\ ws\kars l\\i wdw~asrs ti-sreor \sr.. t. W7 dldc ~ et eeUseth>•, Itchdiwa oatwrit~ awd th\ s\wN 4 plac\d cosh \wd ewso\\hle att\rwar lws. s/=d Lsrani ...................(s~I.l COPY ... ~..~~ -- .... . . ...........................................................(sLJLLI ..........................._..--------...----..(SEALI RE~ENED ~ ~'~'`~ IN PAYMENT OF T11XE$_ DUE ON CLASS `C INTAtt6tBLE PE~SCNAL P:20PERiYr p(;RS;;ANT TO CHAPTER 20724, ACTS OF 1941. ROGER POITRAS, Clerk Circu4t Court as Arent fol DANIEL N. KhGWLES, 1R. St. Lucie County Tax Collector OFPUTY CLERK and shall duly, promptly and fuAy.perform, discharge, execute. effect, complete. comply with and abide by each and every the stipulations, agreements, conditions and covenants of said promissory note and of this mortgage. then this mortgage and the estate hereby created shall cease and be null and void. It is understood that each of the words, "note; ' "mortgagor^ and "mortgagee" respectively and the pron- ouns referring thereto. whether in the singular or plural anywhere fn this mortgage. shall be singular ii one only and shall be plural jointly and severally. u more than one, and shall be masculine. feminine and/or neuter. where ever the context so implies or admits. And said Mortgagor for himself and his heirs, legal representatives, successors and aasigas, hereby oovea- ants anti agrees to sad with said Mortgagee, his legal representatives, successors and assigns: 1. To pay aII and singular the principal and interest and the various and sundry sums of money payable by virtue of said promissory note, sad this mortgage, each and every. promptly on the days respectively the same severally become due. Z. To pay all and singular the taxes, aasesaments, levies, liabilities. obUgatioas and incumbrances of every nature and kind now on said described property, and/or that hereafter may bs imposed. suffered, placed, levied or assessed thereupon, and/or that hereafter may be levied or assessed upon this mortgage and/or the indebted- ness secured hereby, each and every, when due and payable according to law. before they become delinquent. and before say interest attaches or any penalty i9 incurred: sad is so far as any thereof is of record the same shall be promptly satisfied and discharged of record and the original official document (such era, for instance. the taz receipt or the satisfactIan paper officially endorsed or certified) shall be placed 1n the bands of said Mortgagee within ten days nett after payment; and In the event that any thereof is not so paid. satisfied and discharged. said Mortgagee may at any time pay the same or any part thereof without waiving or affecting any option, lien, equity or right under or by virtue of this mortgage. and the full amount of each and every such payment shall be immediately due and payable and shall bear interest from the date thereof until paid at the rate of ten per centum per annum and together with such interest shall be secured by the lien of this mortgage. S. To place sad continuously keep on the buildings now or hereafter situate on said land fire and windstorm insurance to the usual standard policy form, in s sum not less than i .............1A88~4]iii-------•---•---•--...., in such com- pany or companies as may be approved by said Mortgagee; and all such insurance policies on any of said build- ings, any interest Werein or part thereof, in the aggregate sum aforesaid or in excess thereof. shall contain the usual standard mortgagee clause making the loos under said policies. each and every. payable to said Mortga- gee as his interest may appear, and each and every such policy shall be promptly delivered to and held by saJd Mortgagee; and, not less than ten days in advance of the expiration of each policy, to deliver to said Mortgagee a renewal thereof, together with a receipt for the premium of such renewal• and there shall be no such insur- once placed on any of said buildings, any interest therein or part thereof, unless in the form and with the loos payable as aforesaid; and in the event any sum o[ money becomes payable under such policy or policies said ?dortgagee shall have the option to receive and apply the same on account of the indebtedness secured hereby or to permit said Mortgagor to receive and use It or any part thereof for other purposes without thereby waivls-g or impairing any equity, lien or right under or by virtue of this mortgage: and in the event said Mortgagor shall for any reason tail to keep the said premises so insured, or fall to deliver promptly any of said policies of insurance to said Mortgagees or fall promptly to pay fully any premium therefor, or in any respect fall to per- form, discharge, execute, effect. complete, comply with and abide by this covenant. or any part hereof, said Mortg- agee rosy placx and pay for such insurance or any part thereof without waiving or affecting any option. lien. equity or right under or by virtue of this mortgage, and the full aglouat of each and every such payment shall be immediately due and payable and shall bear interest from the date thereof uaW paid at the rate of ten per oentum per annum and together with such interest shall be secured by the lien of ibis mortgage. 4. To peranlt, commit or suffer no waste, tmpairmeat or deterbration of satd property or any part thereof. 6. To pay all and singular t2ie coats, charges sad expenses, inciudmg nasouabls Lwyer's lees and cost of abetrscb of title. incurred or paid at any time by said Mortgagee because and/or 1n the event of the tailors on the part of the said Mortgagor to duly, promptly and fully peKorm, discharge, execute, effect, completer comply wlW and abide by each and every the sUpulatioaa, agreements, conditions and covenants of said promia- sory note, and this mortgage. any or either, and said costar charges sad expenses„ each sad every. shall bs im- mediately dos and payable, whether or not there be noticx, demand. attempt to collect or cult pending: sad the full amount of each sad every such payment shall boar Interest from the date thereof untll paid at the rate of tea par centum pas annum: sad all said costs, charges sad expenses ao lncurrsd or paid. together with such in- terest, ahNl be second ~- t1N lien of tbL mostgags. aooK 179 PAr>E 334 _ r - _ _=