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Home My WebLink About2828 'S?'S.~'S'r'.~.'~E'~.~'S.1.S.~.S.~.4~.~.+.4~~.•.~i~.~.-S.'.4~iS.L~.~.~r•.'~~r~r~r~r'.~i~~~ir.'.L<.~.s.~.ti-'r~i'.:'.'.~.~.'5~.~.~5~. ~ 3 000.00 Stuart, Florida November 4 69__~ : S -__~j_--_----------_____--- . 19 - ~ ~ ; FOR VALUE RECEIVED th~ und~rsi n~d, ~dntly and seve~ally , PROMISE TO PAY to th~ orde~ of____________ DICKERSON INCbRPOR~TE~~a_North Carolin~___~~Q~~}~n__~},h~ized__~_ do_ ~ i business in Flor_ i_ da,_ TI~~F ~kL4II~I~NI~_ --------,------------------------------~_._.,__..DOtIARS, ~ ~ at ----------------------------•-------------..o? wch oth~r placs as th~ hold~r h~r~of may d~si~nat~ in writin~ fopeH~er with inrorest from __~.~3~e------------------------------------------------------ ; at th~ ~at~ of ~_=~.2_~_ pK c~ntvm pK annum on the unpaid balanc~ undl maturiry. =hs ~aid principal and interost shall be dw and payabl~ as folbws: One thousand ~ ive Hundred Do~ars of principal plus interest at the above rate on Nov. 4~ 1970, and a like sum of One Thousand Five Hundred Dollars plus interest at the above rate on Nov. 4~ 1971. . - If d~favk 6~ ~+d~ for _ 30---.-- d+ri M~ P+r~••w~ of s~r i~staq~we ef peiwcipsl er iwbeht er a~r pu~ Nwnof. tM vrUsb s~s tMw nwaini~y uepaid wilh i~Nns~ ahap M Ia~dK's aPKew b~ees~ dw and psy~bb wifheW wofie~. FaiWe~ ~o ~:~ros~ web optio~ shaM wet eowsMvy~~ a w~iwr of tIN rig6t N~xKCiW 11N saw~ i~ tM ~wwt ef svM~qwnf d~fauM. AhK ..fwih bofh p.iacipal aed accrv.d ia~...st ~ap b.+~ iua?.sr ~e a~ . p.r c•nwm ~ p~r assws w1i) paid. il» walnes awd ~wdeeun ef this aob hMwr waiv~ d~nund, wotiu of newp~rwwt aed preltsf. If tl~is ~ob is not paid at ~ nurorilp ~wd 1M sw it pl+c~d wd6 aa aMenwr fe~ coli~Niow, tl» w~k~?s aad ~wdors~a IMreof ~yrN to p~r a8 cosb ef colMc+an, iecludiw~ al) carrt ~ cosfs aw~ nasNaN~ atMeMr i~a. ~ ~ ti ~ ~ `i ~ ' ~O~ s / R . R . TILTON ~ ~ ~5~~ : ~ ~ Attsst: s/ --------I'1_~`LAtZ~HI~L__T2LT4N------------------------------ - - -----(s~) ~ ~ ~ ~ ~S~L? _ ti . _ _ ~ ~ ~ s !i f i 4 ~ i ~~+i~i~' ~ 'r4 4 ~s 4 f1~i' ~i~ f 's fi ~fs ~ 'i ~~i flji ~i f i ~i ~i ~r `r~i ~i ! i ~ i f i f 1~ i ~ 11 Fi f ? ~ i ~i ~I ~i ~1~i ~i ~i f ? ~ i f i ~ i ~ i ~i ~i ~ 1 ~ i ~l~i ~iji~ i ~ i ~ ? ~i~i ~i ~ ~n~i fi ~~i and shall duly. pmmpUy and fully pertotm. dtscharge, execute. effect. completw. comply wlth and sbide by each and every the stipulatlons. agreementa. conditions and covenants of said prom?ssary note and of tbis mortgage. then thfs mortgage and the estate hereby created shall cease and be null aad void. It ia underatood that each ot the wo~nls, "aote." "morigagor" and "mortgagee" reapectlvely and the pron- ouns referring thereto, whether in the singular or plural snywhere in t.hls mortgage, ahall be singular ii one ody and ahall be plural jointly and sevetally. i! more than one, and ahall be masculine, feminlne and/or neuter. wher- ever the oontext ao implies or admita. And aatd Mortgagor tor hlmselt and hia heirs. legal representaUvea, succesaors and assigns. hereby eaven- ants ana sgrees to and with said Mortgagee. hia legal representatives, auccessors and assigns: 1. To psy all and aingular the prlacipal and interest an~l the varIous and suadry aums oi moneq payable b~ vtrtue o! aaid pmmiasory note. aad ttds mortgage~ each and every, promptly on the days respectively tbe same ~ severally become due. • 2. To pay all and singuler the taxea. assessmenta. levies, liabilities, obligaUone and incumbrances ot avery nature an.i kind now on said described property, and/or that hereatter may be lmposed. auitered. placed, levied or asaesaed thenupon, and/or that hereafter may be levied or assesaed upon this m~ snd/or We indebted- ness secured hereby. each and every~ when due and payable aceording to law, before they become delinquent, ~ and before aay Intereat attaches or any penalty is incurred; and in so far ae any thereoi is ot record the same i shall be pmn~pUy eatisfied and discharged of record and the original official document (such aa, tor instauce. ~ the tax receipt or the aatistaction paper oiticially endoreed or certified) ahall be p1acM in the hande of aaid ~ Mortgagee within ten daye next after payment; and in the event that any thereot ia not so pald, aatiefied and ~ discLarged. aaid Mortgagee may at any time pay the aame or anp part ihereot without waivtng or at~ecting ~ any optiDn, llen, equlty or right under or by virtue of thi9 mortgage. and the full amount oi each and every? such payment ehall be immediately due and payable and shall bear ;nterest from the date thereof untll paid at the rate of Len per centum per annum and together with such interest ahall be aecured by tlie lien oi this k mortgage. . place and continuously keep on the buildinga now or hereafter situate on eaid tand fire and windstorm inaurance in al standard poltcy Porm, in a aum not less than i-•--••.°----•---•-•-----•----------•-----°-----•........, 1n such com- , pany or comp^nies be approved by said Mortga~ce; and aU such insurance policiea on any oi said build- ing~, any interest thereln thereof; in the a~gregate sum atoresaid or in excess thereof. ehall contain the : usual standaM mortgagee cla cing the loss ur.der aaid policies, each and every, payable to said Mortga- ~ gee as his interest may appear, an and every such policy ahall be prompUy dellvered to and heId by eaid Mortgagee; and, not lese than ten daya in nce af the eapiration of each pollcy, to deSver to said Mortgagee a renewal thereof, together with a receipt for remium ot au~h renewal; and there ahall be no such inaur- j ance placed on any of sald Duildings. any intereat or part thereof. unlea~ fn the form and with the lost payable as aforesaid; and in the event any aum of mone mes payable under auch poUcy or pollcies asid Mortgagee shall have the option to receive snd apply the sam .count of the indebtedness secured hereby or ~ to permit said Mortgagor to recefve and use ft o~ any part thereo ther purpoees without thenbq waiving or impairing any equity, Hen or right under or by Wrtue of this mortga d in the event sald Mortgagor ahall for any reason tail to keep the said• premiaes ao Insured, or fail to dellver ly any ot said pollcies o! _ lnsurance to said Mortgagee, or fall promptly to pay fully any premium therefor, any nspect tail to per- P form, diacharge, execute. ettect, complete, comply with and abtde by thls oovensnt, or an hereof, sald Mortg- ~ agee may place and pay for such insurance or any part thereot without waiving or affectln opdon, lien. equity or right under or by virtue o! thls morigage, and the tull aq~ount ot each and every auch ent ahall ~ be immediately due and psyable and shall bear Interest trom the date thereof untp pald at the rate o r ~ 4. To permlt, commit or sufier no waste. impairmeat or deterloration of satd property or any psrt thenol. ~ 6. Zb pay all aad aingutar the coats, cAarges and expenses, fncluding nasonsble ]awyer'~ tees snd cost o! abstracts ot title, incurn~d or peid st any tlme by safd Mortgsgee becsuse and/or fn the event of the taflurs on the part oi tht ssid Mortgagor to dvly, promptly and fully p~rform. dfscharge. execute, effect, completq, ~ oomply arith and abide by each and every the stlpulaUons, agreementa, conditions and oovenanb ot eaid promis- ~ ~ory note. and thfs mortgage, any or either. and said costs, chargea aad eo~pea~es. each aad every. shsll bs 1rn- medtately due and psyable, wbether or not there be noUce. demand, attampt to calkct or sulL pending: and the ~ !UU amount oi each aad every such psyment sLall bear intermt irom ths dste thereo! untll patd at tbe rate o! ~ r ten psr centuan per ennum; and all eaid cosL. charges and ezPea~es w lncurrsd or pa1d. Wgetbsr ~vith such fn- i ~ tereat, rhW bs ~ecured by tbs Uen ot thi~ mortgags. ~ ~ BOOK~~ P~1GE~~~~ ~ _ ~ ~ j- i _ . '.:P h rJx~~.:~`~~L'4'$+.,- ~~;~e~~~`s"s~~~~ ~~.,`h _ 7 _