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Home My WebLink About2121 :•ti ~ ~h ~Q ~ 10iII4Q~-~II--- STUART, Florida, 19 FOR VALUE RKEIVED, the undersigned, jointly and severaily, PROMISE TO PAY to the o~der of__~_____________.__ k .tgna~n A~ncl~ Ba[t:.. __~j~.9e~ ~ACh. 1~loridA - Ten Tho~s.:~.nd. an~ ~QL~o4________________ ~___.____.___-_-------------------------------------------oo~u~RS, at JanAAI~ Bs~Ch. 1r~Q~~~ ~34'ST ____.___________________________________or such other place as the hotder ~ hereof may designate in writing, together with inte~est from date at the rate of per cenium pe~ annum an the ; unpaid balance until maturity:. The said principat and interest shall be due and payable lOllOroIA s ~191. S ~~~onth, tde iiret payr~ent beiag due one ~eoath iro~ dsts, snd continuing ~ for each •onth ttiereatt~r until p~id. This ~u~ oi ;191.83 psid tach tonth shall iirst be cr~dited to intsreet aod tDs re~ainder to the princlp~l oi th~s obli~ation. This not• ra~ be prapaid ia ~hole or in par! •t aoy ti~e ~ithout penalt~. Thia not• will b~ caepl~t~l~ Dsid •ith 1Z0 ~aonthl~ pay- { r.enls o~ ;la1.33 unleas •oonsr prepaid. ~ li d~fauh b~ m~ fa _aL~_-__ d~yt in Mr p~yn~nt of ~ny iroral4n~nt of princip~l w int~ns~ w any part H»nof, tM wlwb ~wn tMn re~n~in~rq 3• unpa!d witk innrat sh~H N held~e's op?ion b~cam dw ~nd parabh wifhout ~otice. Faikrn to ~xKCis~ ~ucA option sMll not t~ • w~ivN of 1M riqht = ro e:vciy~ N?~ s~me in Mr ~wnt of tubtpc~nt d~fwtt. AftK matwity bWh princip~l ~nd xcrv~d im~rat=~llNfi qw inMpt ~t ~ pM c«+pww p~r annum - ~neil p+id. TM mak~n a~d endoraes of ~his ncp runMr wsiw d~m~,d, eotic~ of non~ym~nt ~+d pro/at. If fhis nob is not paid m~twi~y and the sam~ is pt~c~d witA an ~nwmy fa oolNc~ion. tM ~w~k~rs ~nd «?dws~rs I~rwf +9?» fo P+ll all cwn of colNc~ian. inch+di~?p di co~xt ooab and n+sonabN arta.r~ry has. ~ /s/ Hernan F. Young - -------------(SEAI) - . Her~nan Youo~ ~ __----------------------------(s~?~) C O P Y /s/ Tssther L. You_ n~ -----------(SEAI) : : and shall duly. prnmptly and fully perfotm, diacharge, execute, $tfect, complete, comply wlth and abide by each and ever~? the stipulationa, agnemente. conditions and covenants of said ptomissory note and of this mortgage. then t6is mortgage and We eatate henby created shaU cease and be null and void. It ia understood that each oi the wonis, "note; '°mortgagoY' snd "moRgagee" mspectively and the pron- ouna referring tttereto. wbether in the singutar or plural anywhen ir~ thie mortgage. ahall be singular if one only and ahaJl be pltiral joinUy and aeverally, if more than one, and shall be ma.9culine, feminine and/or neuter. wher- ever the oontexi w implica or admits. And aatd Hortgagor for himself and his heirs. legal npresentativea. auccessors and asslgna. henby~oven- ants ana agrees to attd wlth eaid I~origagee, hia legal repreaentativea, successors aad assigus: 1. To pay W end aingular the principal snd interest and the various and sundry aums of money psyable b~ virtue oi said promiasory note, and this mortgage~ each and every. promptly on the daya tespectivelq the asme aeverally becoma due. 2. To pay sll and singular the taxes, asseasments~ Ievies, liaDilitlea, obligationa snd incumbrances oi every nature and kind now on esid descrfbed prnperty, and/or that hereafter may be imposed. aufiered, placed, levied or asseaaed ihereupon. and/or that hereatter may be levied or assessed upon.~!?is mortgage and/or We indebted- neas secured henby, each and every. when due and payable according to law. b~iore Lhey becoma delinquen~ and before any interest attachea or any penalty is incurred; and in so far aa any thereot is ot ncord the saa?e ahall be promptly satiafied and dIscharged of record and the original otficial document (auch aa, tor instance. - Lhe tax receipt or the asttetact3oa paper otflciaily enndoraed or certifiedl ahall be placed in the hands of said Mortgagee within ten daya nezt after payment; and in the event that any thereot ia not so paid, sat3sfied and discharged. asid Mortgagee may at any Gme pay the same or any part thereat without waiving or atiecting any opti0n, l~en. equfty or tight under or by virtue of this mortgage, and the ihll amount o! each and every such payment aAall be immediately due and payable and shall bear interest from the date thereot untU paid at tbe rate oi ten per centum per annum and together wilh svch interest ahall be aecured by the lien of thL mortgage. i 3. To place and continuously keep on the buildinga now or hereafter situate on eatd land fire and windstorm inaurance in the usuel atandarcl policy [orm, in a aum not less than i .............~SR~IDIInI...---.-...-....-...__, in such eom- pany or comp^nies as m~y be approved by said Mortga~ce; and aU such insurance polictes on any of satd build- inga, any intereat thereln or part thereof, in. the aRgregate eum atoresaid or in excess thereot, shail contain the usual atandard mortgagee clause making the lo.~ ur.der eaid policies, each and every, payable to said Mortga• gee as his interest may appear. and each and every such policy ahall be promptly delivered to and held by said Mortgagee• and, not lesa than ten dsya in advance of the expiration of each policy. to deliver to anid Mortgagee s renewal ~thereof, together with a receipt tor the premiun? c?t xrioh renewal; and there shall be no snch inaur- ance placed on any of said buildings, sny interest therein or part thereof. unless in the form and with the loas payable as aforesaid; and in the event any sum of money becomes payable under aueh poticy or policiea said Mortgagee ahaii have the opUon to receive and apply the same on account of the indebtedneas secured hereby or to permit said Mortgagor to receive and uae it or any part thereoi for other purposes writhout therebq waiving or impairing any equity, Uen or rEght under or by Wrtcte of thi~ mortgage; and In the event safd Mortgagor shall ior any reason fa11 to keep the sald premiees eo Insumd; or - faii to deliver prnmptlq a~ry--oi aaid policlp ot insurance to said Mortgagee, or fail promptly to pay fully any premium therefor, or in any respect tail to per- ~ form, diacharge, execute. effect, complrte, comply with and abide by this covenant, or any part hereoi. eaid MoMg- agee may place and pay for such insursnce or any part thereot without waiving or alfecting any option, lien~ equity or right under or by vfrtue of this mortgage, and the teilt aqnount of each and every such psyment shall be immedialelq due and payable snd ahaU bear interest trom the date thereo! untll paid at ihe rate o[ ten per centwn per annum and together wlth such intetest shall be secured by the llca o! this mortgage. 4. To permft, commit or sufier no wsete, impairment oz deterlonUon ot satd property or any part thereoi. 6. To pay all and dngulu the caets, chargea and expensea. including reasoaabte lawyer's feea snd cosi o! abstracts of tiUe. incurred or patd at any tlme by sald Mortgagee becauee and/or in the event of the faflurs on the part ot tha safd Hortgagor to duly. pmmptly and lully perform. discharge, eaecate. effect, completati comply with and abide by each and every the atlpuisUons, agreements, condttions aad oovenanta oi esid promis- •orp noie, and thfs mortgage, sny or either. and eald costs. charges aad ezpensea, each and every. shsll be tm- medistely due and payable, wtiether or not there be notice~ demand, attempt to cottect or ault pending: and Lhs 2Wi amaunt o! each and every auch payment shall bear intere~t irom the date thereof until patd st tbe rste oi ten per centum per annum; and all safd oosL. chargea and esPeass~ ~o lncurred or paid. WBether wit6 such in- terest, ~hall Ds secured by tLe Uea o! thU mortgsge. QOOK 1~ea PACE~~9 ~ - - # - _ ~ ~ a k r' ~ ~~-'~"~`"v~ ~ ;n v: _ s~~ _ . 3e::e~.-~ ~ac..~ _ a.'~^!