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HomeMy WebLinkAbout1542 ~ . . STUART, Fforidi, __.All~it~--- ~ f ~ ~ FOR VAtUE RKEtVED, the under:i9ned, iointly and severally, PROMISE TO PAY to ths-order of.~___._._--_---_--•_---•-~... ~ ~~~N~Y~~~.~~~~~~~-{M~~~ ~ at .~l~ T __~o such otl~ plaos as the holder ~ heroof may dssl~nate in writirp, to~sthe~ with intenst from dah at the ra» of pK cer?tum pK annum on the unpald belance until maturiy. The ssid pri~cipal a~d intersst shail be due and payable ~~pl~~~ ~.11 a m~o~h, th~ !lr'~t p1~ 1'~iaQ d~M a? ~ ad 1thli n~o~ J~aat~ mo~h tl~r~at~ts tao~il p~d. -/4aarwd inb~rat ~roaon t4~ ~6~ 1~! wlll D~ Ostd w~th t~ ft~'~t /1~. '1Lt~ ~i.l~ paLd M~aA moa~b ab~il !!:'~t b~ ar~t~d to ft~r~st and ttr to prl~lpal at lhLt obliq~Eica ~~0 mq b~ 1Pr~~i ~t t!m i w ~ar~~ trom tl~ ~ ~ JM~~ ~ ad~.l i~ b.. ~w de ~ aw. tn rn ~•rn~ of ina.i~t of v.u~aad « tnNe.a or «w wh +Mno~, tl» wAol. .w~ M~w~ .«~i~ww ~ w~p~id wilh innna sh~M N hold~~ E~r d» and P+YabM witlwvl noHa. hiluer b u~rcif~ wd~ a0~b~ d~ ~~~,wriwr of tiw ~iqM ~ ro ucrciM eM wr in dr w«k of d~fwM. Afw nywrity boM+ vrk+ciwl and ~aru~d ~~MII bw in~wt ae Pw, ann+ia ~~n+ p~~ wi~h M ~MamY tor oo~McMa4 ~s ~indon~in ~~wM to P+Y~~~td asM~ Mrc1udNY~a11 carr~ oesw ~nd rwoibM Nla~tlr i~. i ~(SEAL) ! ~ py ~ • • ~ ___«,w . and shall duly. PromP~l~? and iW~j? Perform. discharge, execute. efiec~ comPlete. oomply wttlt ~nd abids bj? eacri aad everY the stipuLt[~a. agreemenb. conditions and oovenmta ot said promiawry note and oi tlda a~ortgaS0. then this mortgage apd tDs eitate heseby crs~ted shall ceaae aad be null aad void. - It ia w~derstood that each o; tLs words, •'aote." "mortgagat" and ''mortgagce" rapectlvely aud tDe pro~a- • ouns reterring theret0. vvhether ln ths aingular or plural aqywhere iu thb mortgage, abW bs singul}r ff ane od~ and ahall be Pl~ ~vY and swerally. it raore thaa oaa and ahaU be mascu11n0. femWae aad/or neuter. whee~ sver the ooat~ext ~o iiaplie~ or admits. ~ And saW ltortgagor tbr Liuueli aad hia heir~. legal rePresentatives. auccessors and assigns. Lereby oovea- anb aaa a~rees to aud arith pW YortgageR his legal npresentstives. successors aud aasigas: L 1b pa~ a11 aad aingular the ptindp~l ar?d intereat ~ad the varlow and suadry wats of monsy WY~~ b7 ~ vlrtus oi saW prominory aote. aad thii nwrt~age. e~ch and evei~r. Pran?PtlY on the dsy~ reapsctively tt~e sam~ ; ~evarally bsooaw dw. ' S, Tu pqr all snd aingular tAe tazes, assesaments, levies. liabi8tia~„ obllgsUons aad in~umbnaoes ot every E natwre and klud novv oa said .described property. and?or that hereafier msy ba impo~sed. ~uftsred. Placed. levled or aaes~ed thereupon, aid/or that hereafter may be leWed or as~eased upon thia mortgage andfor the indebt.ed- neas aecured hereby. eacb and every?. when due and payabls acooeding to law. betore they bsoorae delinquen~ a~ before any interest sttacha or aey penalty is incure~ed: and in w far a~ anY thereof b of record the same shaU be prumptly aatlatied aad dtacharged oi reoord aad tM ortginal oKtdal document (such as. !or in~tance. tbe tu rsoeipt or the s4Wtactioa psper oKiciaUy endorsed or certi5edl ahall be plsced fn the bands oi aaid _ ldortgagee wit,l~in ten daxs nest siter payment; sad in the event thst any thenoi is not so paid. satisfied and dis~ar8ad. aatd' ldortaagee msy at any time pay t1~e aame or any put thereot witLout wafv[~g ~e atfectins f any option, IIen. squity or right under or by virtoe oi this mortgage, -and the !W1 an?outct oi each and ever~ ~ wch paymeat sball be immediately due and payable ana shai~besr interest irom the date thereoi until paid ' at the rste oi ten per centura per aonum and together with such intereat shall be secured by the Hta oi ~ia mortgag~. S. 1b p3aos aAd oontiauously keep on tbe buildings now ct hereatte~ dtutte on said land iire ~ wlndrtorm insur~noe in the usual standard poUcq torm. ta a sum not leas tbsA i••---.~?71~1~.........._..w.._. in suctr com- _ pany or eomp^ Nes as ~aay be appmved by aaid MorigaRee; and all such insurance policiu on any •o! ssid bnil~- . ings. aqy intereat therein or part theceof, in the a~regate sum stocessid or in excess tbereot. shall eontatn ths usual staadaM mortgagee clawe making the loss under said policlee. each and every?, p4Yable to said Hortga- 6ee as hi~ intereat may sppear, and each snd every auc6 policy shsll be prnmptly detiversd to and held by said f[artgagee; and, noi lw thm ten dsyr in advance of the e:pintion ot each policy, to deliver to said ~+[ortgages t renewsl tt~ereof. togetl?~r with s teceipt for the premium ot snoh renesval• and thers ~hW be no such insur- aace plsced_on any o! sald boildings, aay intereat therefn or patt tUereof. unleas !n the fotm ud wlth tbs loss psyable u aforeraid; aad in tbs event uiy aue o[ money beoome~ payable under such P~~Y ~ P~~~ ~d ~Iortgagee shall have tta optfon to recelve and apply the same a? acco~nt o! the fndebtednds sec~u~ed hereby or to perrNt ~aid Mort~t~ to recelve and use 1t or any part thsreot for other purpow Mtt~otlt thereby ~rai~!1n~ or impa[ring any~ equity. Uen or right under or Dy virtne of thfi mortgsae: and fn tbe event ~sid ~tortgagor ~hau for any nawn tail to keep the saW premisw so tnaured. or fail to dnilver proanptly W? ot said ~iollcles o~ insurance to sald Mortgaaee. or iWpro mptly to pay tull,jr any premlwn tMrefor. or W aAy ~ect L!1 to pe~ form. di~charBe. rsecute, effect. oomplete. comply with and ahide by thi~ oovenant, or anp Rsrt l~areot. ~aW ldoi'i8 aaee may plaoe and pay tor such insuranoe or ~ny part thereot wtthout a?alving or iftectins any oPtiaa. Hen. eqnity or rfaht nndes or by vfrtue of this mortgsge. and the !UU ap~oant oi each ~nd ever~? auh pa~nnent s1~a11 be immediatel~ due snd psyaWe and ~hall bear fnterest trom ths dat~ thereof uoW pald at Ws rab ot . ten , pet oentum pee aanum aud toaethar ~rltL auh interat s1W~ b~ aacund OY the Uta o~ tl~i~ awrt~~. 4. To permlk oomadt or a~ttee no wrast~. Impairmeut ae det,ur~orattoa oe sald pro~t~ a' aqr Part thereoL 6~. Zb pa~ vl aad dna'nlas tLs ca~b. ~Aar6ea and expenses. tACludint t~onaD~~ Lwryer'a few and oo~t ot abtra~eb ot titls, tacnrred or pald at aar ttme by ~afd I~[ort~N McauM a~d/or In th~ ~sent d t2w faltuer an tb~ psst o[ tM ~atd ~ to dulY. Pro~PW? ~~1r P~~• d~[~. a~t,~. sK~ct. comPlst~ oo~nply witb aaA ablde M~~ and sver~ tM dlpulatJau. asr+saneat~. tondltba~ and eeoa?enanL oi ~aid protni~ ~f twt~. aud tbia mort;a~. aay ar elther, aud aUd cost~ ebas~M ~wd ~~~ch aod ~rsr7. ~all M tm- m~elateyr ~ aad paysW~„ wfietb~r or uot tMn be nottc~. deaasM. att~mpt to ooli~ct or aultp~dfn . aad th~ !Wi awouat ot ~aeb aN ~sr~? ~6 PaYm~nt aha11 b~ae fat~ewt te~ tM dat~ tb~e+~o[ uattl P~ s~t~ a[ t~a pK oratum p~r ~wtmn: and a11-~ald oo~t/. ehar~ ~~cp~ow ~o lao~ser~d ot P~ tontMe wltb aueb W- t~ewt, r4alt ~~~Werd Dp t~ 1l~a o~ Nfa a~oetsa~. ~ ~r~nt ~'as p~,~ ~ - - P. ~ ~°~"m,'+~"y 30~ ~i~6 ~i~ ~+o~ ~°r'a`'ta~ . . - _ . _ . _ - - - ~.~4 ~ -