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Home My WebLink About2948 % E_3~OC0. (1(1 STUART, Florida, ------~-~-~~h--------------------- 19_~fL_ ~ FOR VAWE RECEIVED the undersi ned, 'Lointly and severally, PROMISE TO PAY to the order of__________...____.___._______.___._____ JEN~F.N ~F?~C?~ 3A~~ Je n s e a'~~ r. h Fl er i;~ a 'i ~ ---1----- , FIZ'F Z'~IOt*S!'~r~r ~rm xolio~----------_ ____--_-------------------------------------------------------oo~wRS, i ~ Jens~n ?1~~~~ a'~1~ridA ~345? __Y_______________________________________or such other place as the holder at hereof may designate in w~iting, together with interest from date at the rate of _~~z________ per centum per annum on the :i: unpaid balance until maturity. The said p~incipa) and interest shall be due and payable as f O11G W S; 1II ~ p moathly y~rnents of ~£^.33 snd one final monthly pay o! ~84.53. The fir~tt p~y~+ent being due 1 month ~ro~ date her~of. This note may be prepai~ in ~~~hole or in part at any tLee vrit~out penalty. ~ ~ - 1 ~ If defwlt bs m~d~ io~ 30 _ days in tht p~ym~nf of anv inahllment of prindpal or in»tett w snY P+rt tM~wf. tM whol~ sum tMo rcmain~rq . vnpaid wiM interpt shall ~t holdN's--o- ption become dw and p~Y+bM wiMouT notit~. F~ilw~ to ta~rcia~ suth option shatl not cor~~M• wsiver of tM riyht ro ~aacis~ tM s~m~ in tM evant of svbs~q:Hnt defwlt. Aiter wnty both principal ~nd acaued i~t~resr sMlt bw inMr~st ~t .__.V.~- pa c~ntum per am~m ;,ntil p+id. TM m~ken u+d endoaen of Mis noq fwther w~iw~e~aQtic+ of non-paYment ~nd protest. If th~s not~ is not paid at man~riry and tM sam~ is p1acM with ~n anon»Y fa cdNction, tM mak~rs ~nd ~ndon~n F~uwf +wN fo PsY~~~a~e wl~ n,v~ ~~~~`T~ bN attorner (e~s. itiiff ~~lA ?oai~~ifaif AA 8 ~ vRn ~e`aveseaves -----------~e ~ ~siden~~~~ ± C O P Y ----------------------------(SEAI) ; /s/ Ivan Reaves _~SEq~~ - ; ~~~Tan eaves ;ndiv ~~TI and shall duly. prompUy and fuUy perform, discharge. executc, ef[ect, complete, comply wlth and abide by each ~ and everp the stipuiations, agreemenfe, cond?tions and covenants of said promissory note and ot thia mortgage. then this mortgage and the estate hereby cceated shall cease and be null and void. ~ , It is underatood that each of the wonLq. "note," "mortgagor" and "mortgagee" respeciively andZhe pron- ouns referring thereto. whether in the singular or plural anywhere in this mortgage. ahall be eingular If one only and ~hall be plural jointly and severally, if more than one, and shall be masculine, teminine and/or neuter. wher- ever the context so impliea or admits. And said Mortgagor for himaelt and his heira, legal representatives, successors and asslgns, henbp coven- anta snn agree+ to and with said Mortgagee, his legal representatives, successors and assigna: j 1. To pay all and singvlar the principal and Intereat and the various and aundry auma of money payable by ; virtue of said promisaory note, and this mortgage. each and every. promptiy on the days respectively the same ~ aeverally become due. f nature and~k'iynd now o sa~idlgdescribed proper?y~ and or lthat~hereaite mayj~be t mposed, auffered placedi levie~d I or assessed thereupon, and/or that hereafter may be levied or assessed upon this mortgage and/or the indebted- - ~ ness secured hereby. each and e~ery, when due and payable according to law. before they become delinquent, and before any Snterest attaches or any penalty is incurred; and in so far as any thereof ia of record the same ~ shall be prompUy satisfied and discharged of record and the original official document (auch ss, tor instance. :he tnx receipt or the satisfaction paper officially endorsed or certifiedl shall be placed in the hands of said ~ ~ Mortgagee within ten days next 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 v~-ithout wai~~ng or afiecting ~ any opti~n, lien, equity or right under or by ~ irtue oI this mortgage, and the tull amount of each and every ~ such payment shall be immediately due and payabte and shall bear inlerest from the date thereof until paid at the rate oi ten per centum per annum and together with suct. interest shall be secured by the lien of this mortgage. n . 3. To place and continuously keep on the bu;ldin~e now or hereafter nituate on said land fire and windstorm insurance in the usual standard policy form, in a sum not less than i....MaXill~-ttl~----------------•-------:------, in such com- pany or comp^nies as may be approved by said biort~a~ce; and ali such insurance policies on any ot 9aid build- ~ inga any intere9t therein or part thereof, in the aR~regate aum a[oresaid or in excess ttiereoi, shall contain the ; ~ usual standard mortgagee clause making the lusa ur.der said policies, each and every, payable to said Mortga~ ~ gee as hie interest may appear, and each and e~~ery su~•h pnlicy shall be promptly delivered to and held by said ~ Mortgagee; and, not less than ten days in ad~•ance of the expiration ot each policy, to deliver to sxid btortgagee a renewal thereof, toRether with a receipt for the premium of ai~~h renewal; and there shall be no such insur- ~ ance placed on any of said buildinRs, any interest therein or part thercot, unles~ in the form and wlth the loss ~ payable as aforesaid; and in the e~ent any aum ot money become~ payable under such policy or policies said MortRagee shall ha~~e the optlon to recei~e and apply the same on account of the indebtednea~ secured hereby or to permit said Mortgagor to receive and use it or any pari thereot for other purpoaes without thereby waiving ~ or impairing any equity, lien or right under or by ~irtue of this mortgage: and in the event said Mortgegor ahall - for any reason fail t9 keep the said pr?mises ao insured, or fail to deliver prompUy any of said policies o! ; insurance to said Dtorigagee, or fail prompUy to pay fiilly any premium therefor, or in any respect fatl to per- - torm, discharge, execute, effect, complete, comply w~th and abide by thia covenant, or any part hereof, aaid Mortg- ~i agee may place and pay tor auch insurance or any part thereot without waiving or affecting any option, lien, equity or right under or by virtue ef this mortgage, and the h-.i a~nount of each and every euch payment ahaII :M ~ be immediately due_and payable and ahall bear interest from the date thereoi until paid at the rate ot ten per ~ ~ centum per annum and togethe~ wfth ~uch lefee~esi ah~~e eeeurcd by the lien of this mortgage. ' ri 4. To permit, commit or aufter no waete. impalrment or deterloration oi aafd pmperty or any part thereof. - ~ 6. To pay all and aingular tht co~ts, chargea and expense9, including reasonable Iawye~s fee~ and cwt o! ~ abstracte oi title, incurred or paid at any time by said Mortgagee becauae and/or in the event of the faflure 3 ~ on the part ot the said Mortgagor to duly, promptly aad fully pertotm. diecharge, e~[ecute. eifect, completer ~ ~ comply wSth and abide by each and every the stlpulaUons, agteementa, condittona and oovenanta of eaid promis- ~ ' sory note, aad fhla mor[gage, any or either, and esid costs, chargea and ezpenses, euch and every, shall be im- ± mediately due and payable, whettit2' or not thece be notice, demand, attempt to collect or sult pending: and the ' ~ full amount oi each and every such payment ahall bear intvest from the date thereof until patd at the rate ot ~ - ten per eentum per annum; and all eaid coete, charges and ezpense~ ~o lncurred or paid, together wlfh auch !n• _ y tereat, tlull Ds aecured by the llen oi tlus morigage. ~ ~ r~ . $ooK~~J PACE2945 s.Y i ~ F'iA' ""~y . - - _ ~ _ - ~i i~ ~~ctiW_~ ,__ti..,~_ . ,.w.. . .~~._i_ S~zt:..r..u _