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Home My WebLink About0201 ! :'v~~'r~~W~k~'h~'.k~'hhk~~k ~~h~O~h~S~k~rk~'~.h'.~ti~R'~k+~.~~J~+~+~+~'kk~+.+~ti~}v1'~+n~~~~hkhkMtit`~'w~L . 'i ~ -~Q_~.0~~~0 ~011~ 1' ~ j.~- BH STUART, Florida- ----------------------------------1--~---- 19------ - ~ FOR VALUE RECEIVED the ersi ned 'oint and sev I ISE TO PAY to the order of___.___. _ . ~ BsAC~ 8~ ~•oilo , ; +j-YN8~11 acb ~~i ' AIfD 1~0J1b~ ~ - T~~---------------------------- -~o~v~RS, - - - - - ~ at _~n~l~_~i~.a.oD _ Hankz_ J~l]~~D ~tCb~_'~~~~d~--------- 7~-----or such other place as the holder hereof may designate in writing, together with i~terest from date at the rate of ge~ c~~~~r ~nnum an the unpaid balance until maturity. The said principal and interest shall be due and payable ~4?4.83t a sonth~ th~ lint p~yrwnt b~in~ dw o00 ~oath irc~? d~t~, ~nd ~ contiou~ ior ~~ab oaatb tb~r~~tt~r until paid. Thi~ •u~ oi =474.SQ p~id each ~ontD shsll lirst b~ credit~d to iot~r~st and ti~ r~a~ainder to td~ ~ pric~cip~l o! this obligation. Tt~is aot~ ¦~y be prvp~id at aa~ lis~ ritho t p~n?~ity. 'l~ia noto Mill bs ca~pl~tel~ paid •i~b 1S0 aonthiy p~yMOt~ o~ ~t94.8s un1Na ¦ooner pr~paid. If detault be m~ fo~ ~.~0 dsys i~ the wY~t of ~nY irutallment of pinc~p~f or inMrYSt w~ny part rhereof. whol~ tum Mtn remaininp . unpaid with ir,terest shall st holder's op tion Eecom~ t~1N ind piyi~If without notic~. failvra to fYfKi3~ s~+ch option shall not ca~~re a wa~vN of the ~iyht •~o lYHC~1! tha same irt Me ev~nt of subscqaem defavh. Afrcr matwity boM principal and xcrwd int~rest ihsl! b~a? inrer~st at per cenrum pcr annum • ~n~~i pa~d. iM makers ~nd endorsen of thia nore further w~iw d~mand, notic~ of ~wn.payem+it ~~d prottsl. If ~his no~~ is not paid at m~turity and th~ sama is k . placb wi~h ~n attorr»y fw colkction, th~ maken ~nd ~nJwa~n hereof ayr+~ to pay a:l coab of coll~ctiay includiny sll cou~t costs and reasorable snaney fees. ~ ~i• - e~~~ie Sedgee - (SEAI) d' . _ _ cs~a~~ .t -cs~,~~ . ;-~.tiCMh+fi-S •».+.+.'«~.'kti.+fi.~.+.'kk+.'~.+,ti{.~..+~.+ti+.+.'Mh+.tifi.+,+.~w~.+;h.+{-~+e-,+i~.'~kti,+..t.+.+,tio'~fi~x~ .+~:wk».'k+,3+?.+.+.+.'~s~.ti.ti,:~a~.+e+Z+.ti++,?~.+fi..S.+fi~.+~~t? and shall duly, promptly and fully pertorm, discharge, exccute, effect, complete, comply wtth and abide by each and e~~erp the stipulations, agreements, cond~tions and covenants of said prom~saory note and of thia mortgage~ then Lhis mortgage and ihe estate hereby created shall cease and be null and void. It is anderatood that each of the words, "aote," "mortgagoY' snd "moRgagee" respectively end the pron- ouns referring thereto, whether in the singular or plural anywhere in thla mortgage, ahall be singular ff one oNy ~ and shall be plural joinUy and severatiy, iL more than one, and shall be masculine, teminine and/or neater. wher- ~ ever the context so implies or admits. ~ And said Mortgagor for himseli and his heira, legal reptesentat3ces, successors and assigua~ hereby coven• t anis ana agrees to and with said Mortgagee, his legal representatives, successors and as9igns: f i. To pay- all and singular the principal and intereat and the various and aundry sums ot money paya6le by virtue of said promisaory note. and Lhie mortgage, each and every~ prompt]y on the days respectively the sams aeverally becomn due. 2. To pay all and ~ingulsr the taxes, ~vaessments. levies, liabilities, obligations and incumbrances of every nature and kind now on said described property, and/or that hereafter may be imposed, auffered, placed, le~zed or assessed thereupon, andior that hereafter may be levied or assessed upon this mortgage and/or the indebted- ness secured hereby, each and every, when due and payab~,.according to law, before they become delinquent~ and before e5y interest attaches or any pennlty is incu ed• and in so far as an,y thereot ia of record the same shall be prompUy satisfied and discha oed of record and ~ oe~inal official document (such as. tor instance, :he ta~t rec.~ipt or the satisfaction paper officialiy endorsed or certifi~ed) shatl be placed in the hands of said Mortgagee +.ithin ten days next after payment; and in the event that any thereot is not so paid, satisfied and discharged, sgid 1lfortgagee may at any time pay the same or any part thereof v~~thout waiving or affecting any option, lien, equity or right under or by ~•irtue of this mortgage, and the fuU amount o1 each and every such payment shall be immediately due and ~ayable and shall bear interest from the date thereo! `until paid at the rate of ten per centurn per annutn an~ together with such interest shall be secured by the lien of this mortgage. 3. To place and continuously keep on tji? bu;ldings now or hereafter aftuate on said land fire and windstorm insurance in the tiaual standard policy f~rm, in s sum not less than s._..._.Maximum in such com- pany or eomp^nies as may be approved by sai~l 1lfortgn~ce: and all such insurance policies on any of said build- ings, any interest therein or part there~f, in the a~~regate aum aforesaid or in excess thereof, shall contain the usual siandard mortgagee clause mak;ng the loss w:d~r said policies, each and every, payable to said Diortga- gee as his interest may appear, and each ar.d e~~ery sur~h policy shall be promptly delivered to and held by said Mortgagee; and, not less than ten day$ in ad~•anoe of the expiration of each policy, to deliver to snid Mortgagee a renewal thereof, to~ether with a receipt for the premium ot aurh renewal; and there shall be no such insur- ance placed on any of said buildings, any inieresi therein or part t6ereof, unless in_the form and with ihe lose payable as aforesaid; nnd in the e~ent any sum o[ money becomes pay8ble under'such policy or policies said Mort~agee shall have the option to recei~e and apply the same on account ot the indebtednesa secured hereby or to permit said Mortgagor to recelve and uce it or any part thereot for other pvrposes without thereby waiving or impairing any equity, lien or riRht under or by virtue of this mortgage; and in the event said Mortgagor ahall for any reaso~ tail to keep the said premises so insured, or fail to deliver prompUy any o[ said policies ot insurance to said rlortgaRee, or fsil promptly to p1y fiilly any premium therefor, or in any respect fail to per- form, discharge, execute, etfect, complete, cornply a~th and abide by thla covenant, or any part hereof, said :liortg- agee may piace and pay for such insurance or any part thereof without wa3ving or affecting any option, lien, equity or right under or by virtue of this mortgage, and the full amount ot each and every auch payment shall be immediately due and payable and shaU bear interest iram the date thereof untll paid at the rate of ten per eentum per annum and together with auch interest shall be secured by the lien of thi~ mortgage. 4. To permlt, comm3t or suffer no wa~te, impairment or detertoratioa oi sald property or any part thereat, i b. To pay al1 and singular the cwts, chargea end expensea, including reaeonable lawyer's feea and cwt o! abstracts ot title, incurred or paid at any time by said Mortgagee because and/or in the event of the faflure on the patt of the said Mortgagor to duly, promptly and iWly perform, tlischarge. execute, effect, completq comply with and ablde by each snd every the atigulations, agreements, condiUona and covenanta of said promia- aory note, and thi~ mortgage, any or either, and said costs, chargesi and expenses, each and every, ahall be Im- mediately due snd payable, whether or nat there be notice, demand, attempt to colket or suft pending; and the ftill amount of each and every auch payment ahnll bear interest trom the dste thereof until patd at the rste oi ten per centum per annum; and ali safd caete, charges sad ezpenses so lncurred or paid, togett~er with such in- tereat, ~hW Ds eecured by the lfen oi this mottgage. . BoeK 1$~ pacF - ~Y ° y ~ ~ ~ ~e:~-= . = r 4 ~ _ _ . . _ - a~