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Home My WebLink About2366 } S s ~•ti`t~~ti~w\~~ .~'1~~~.~~LkkktitiMktiV'~kk~~W'L~ktiS'LS~h`~ti1~"~1'~y~~'V~'ti~~~~t~~k~~'+.~~1~'~~'ltihr'~~'+F~~~ ~ $ Z~ ~00 _ - - STUART, Florida, --.OCtOber ----------1- 19_70 _ ~ FOR VAIUE RECEIVED, the undersigned, jointly and severally, PROMISE TO PAY to the order of._.____ • -----------JII~IILBSA~fl-BArffi,---a - F1Qr_i.s~s_--S~n41n~__~~rpara~inn---------------------------- - ' ~~~~`~w_w~~~~~~ww~r~~~~~~_~~-~~.~~~.~~-0 ' ---_--TtrQ__TQQSia~?nd_~llar~---aad__nnl_1Q~------------------ - LLARS at ------Jen!!~!~__BOach_,__~loridA------------_--.---------_-- .__or such other place as the nolder hereof may designate riting, togethe~ with interest from date at the rate of _8 . per centum per annum on the unpaid balance until ~rity. The said principal and interest shall be due and payable ie ~0110~1s t `'~Z4.80 a ronth, 'the tiret payoent b~in~ due on~ ¦ontD iroa d~t~, and ~continue ~ach ¦onth thereafter until paid. Thi• •~aa~ o! ~4.80 oach a~onth ~~h~ll ~ir~t be credited to intor~~t aad the remainder to ttis princi 1 of' ~this obligatioa. Thie no~e may bs prepaid at aoy ti~+e ~ithout penalt Y• ~Tbie oot~ ~ili be oo~Dletely p~id ~ith 1Z0 ~onthly pay~~nts oi ~4.80 ~unl~~a aooner preqid. a If default be mad~ (w J~ dsys in tha payment of ~ny inaqllmerst of principat or inMr~st or sny p~rt fhereof, ~h whole a~m then remaini ~npa~d v~rtA ~nrmesr shall at Ao!dcr's oprion bccome due and payabl~ without norica Fa~tvre to eaercitie f~ch option _Aa!1 no~ tute a wa~ver of the rigM o e,er~~~e the same m Me event of subseq.,eot defa~~~. Aftar mar~riy both principal and accrued ioter~yt tMll bear i~rerea~ at ~ pcr cenWm per annum ~ .~r~l pa~d. TAe ma~ers snd e~dase~s o~ th~s note furtle~ wa~w demsr+d, notice of rron-payment and protest. If thi: nore is no~ paid ~t msturit~ and tM same is ~ • o~aced w~rh an atrorrwy fw collecnon, tM makers and endorsers hereof ~yrN fo pay •11 costs of co1l~cNon, includiny •II cou~t cost~ ~nd reasonab~a a~tomey fea. .j j• (SEAL) • ~ o r~ Aauano ~ - (SEAL) - - (SEAL) x a-i~:e___Pi~dtn[aa . . :M:-,.''w'Mt?ti~kk+tik+ti+ti'~+.'N'~+~.k~+s+~».'r.'«~.~'~3h~+.'-~:w~ .~v'w~'M.'H.+~M.~C~P+}{~'w.'w.~h++'~fi+.'~sti,.'rh»:»: ,.''~.'»:~:~+:»:-s»:wh'w''w+fiShwh'~{+{r:~ .tifi,.'~v'h'h.'~+}v+.'+~.~+ and shall duly, promptly and fully per[orm, discharge, executP, effect, completP, comply w~th and abide by each and e~~erp the stipulations, agreements, conddions and covenants ot said promissory note and of this mortgage, then tlus mortgage and the estate hereby created shsll cease and be null and ~•oiti. It is underatood that each oi the w•orJs. "note." "mortgagoY' and "mottRagee" respectlvely and the pron- ouns referring thereto, whether in the singular or plural anywhere in this mortgage, shall be aingular it one only and shall be plurxl jointly and severaily, if mure thnn one, and shall be ma4culine, fem~nine andior neutec. wher- e~~er the coniext ao implies or admits. And said Mortgagor for himselt and his heirs, legal representatives, successors and asaigns, hereby coven- ant~ ana agree, Lo and with eaid Mortgagee, his legxt representatives, succPSSOrs and assigns: { 1. To pay all and singular the principat and intemst and the various and sundry suma of money payable Dy virtue of said promissory note, and thia mortgage~ each and every, prompUy on the daya mspectively the same aeverally become due, i 2. To pay all and ~ingular the tr?xes, asses.~ments, le~ies, 2iabilities, obliRatiuns und incumbrances of every nature and kind now on said descnbed property, and~or that hereatter inay be imposed, auffered, placed, le~tied or assessed thereupon, and; or that hereafter may be ie~~ied or ass~~ssed iapon this mortgage and!or the indebted- ; ness secured hereby, each and every, a-hen due and payable accoMing to law, beCore they become delinquent, ; and brfore any interest attaches or any penalty iv incurreci; and in so far a~ any thereoi is o[ record the same E ahall be prvmptly satisfied and discharged of record and the on~inal otficial document (such as, tor inatance, ~ •.he tax rece:pt or the satisfaction pa~er officiafly en~ioraed or cert:fiecl? shall be placea in the hands of said ~ Ltortgagee within ten days next after payment; and in the event that any thereof is not so paid, satisfied and ~ discharged, said btortgagee may at any time pay the same or any part thereof w'ithout wai~ting or aftecting any opti~n, iien, equity or right undc~r or b~• ~~~rtuP of this mortgage, and the tull amount ot each and every ~ such payment shalt be immediately due and pa}able and sh:~q bear interest from the dnte thereot until paid ' at the n?te ot ten per centurn per annum and to~ethFr K~th such interest shali be secured by the lien of this mortgage. 3. To ptace and continuously keFp on the bu~ld~n~s now or hereafter attuate on said land fire and windstortn ~ insurance in the u.~ual standard policy f~rm, in a ~um nM less thnn = ~.X1IDll~1 in such com- pany or comp^aics as may be approred by ~a:~l I~fort};arre; and all such insurance ~licies on any ot snid build- ings, any intereat therein or part thereof, in the a~cr~~~:ate sum atorPVaid or ~n excess thereof, ahall contain the usuai standard mort~agee clause makln~ the lu~s ur.d~r said policies, each and every, payabte to said 1ltortga- gee as hie interest may appear, and Pach ar.~l e~•e:y au~~h pn6cy ahall be promptly deli~~ered to and held t?y said 1ltortgagee; and, not tess than ten days in adran~e of the expirat~on of each policy, to deliver to said btortga~ee s renewal thereol, toRether v~•ith a receipi for thP p.•pm~um ~f ou~•h r~newnl: and thPre ~hall be no such insur- ~ ance placed on any of Qaid builJinRs, any interest therein or part thereof, unless in the form and with the loss payabte as aforesaid; nnd in the e~•Pnt xny sum of muney become~ payable under such pollcy or policies said ~ Mort~aRee shall have the optinn to recei~•e and a~+ply the same on account of ihe Indebtedne~s secured hereby or to ~rrmit said ~iortr;a~or to rereirP nnd uce it or any ~nri thereot for other purpo~ea without thereby waiving ~ or impairing any equity, lien or n~ht under or by viriue of this mortga~e: and in the event said MortgaRor shall for an~ reaso~ fail to keep the said premiv~~c so in~ur~d, or tail to dellver prompUy any of sa~d policies of ~ " insurance to said :~tortgaRee, or fail pmmptly to pa~• ti~lly any premium therefor, or in any reapect fail lo per- a form. d~scharge, execufe, effect, complete, comply «-ith and abiJe by thia covenant, or nny part hemof, naid biortg- ~ aReP may place and pay for such inaurance or xnv part thereof withoat v~•aiving or affecting any option, lien, ~ equity or riRht under or by virtue of this mortRa~;e, anJ th~~ full amount of each and every auch peyment shall ~ be immediately due and pa~•able anJ shall bear intPrest from the date thereof unUl paid et the rate of ten per : cmtum per annum and together with such interest ~hall be aecurcd by the lien ot thls mortgage. ~ ~ To permlt, commit or ~uffer no Kaste, impairment or deteriontion of aald property or any part thereof. ~ 6. To pay all and sin~ular the co~t~, charRea and erpenses, Including reaaonable lawye~s fee~ and coet of ~ abatracta of title, tncurred or paid at any tfine by aald Mortgngee because sndior tn the event of the fallure ~ on the part of the said Mortgagor to duly, promptly and [ully perform, discharge, e~cecute, etfect. complets, ~ comply with and abide by each and every the stlpulations, aRreements, conditlons and covenants of eaid promis- ~ eory note, and Wa mort~age, any or either, and ~aid costs, charge~ and expenaes, each and every, shsU be Im- ~ mediately due and payable, whether or not there be noLce, demand, attempt to collect or ault pending: and the full amount o! each and every auch pavment ahall bear intereat trom the date thereot unt11 patd at the rate ot ~ ten per centum per u~num; and all eafd coste, chnrqes and ~pense~ ~o tncureM or pald, together wfth su..h in- tens~ shW be aecured by the Ifen of thia mortgage. ~ k ~ dooK 18~7 ~A~f 2~~~ . ~ : _ - _