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HomeMy WebLinkAbout2533 ~ i E i S : k ~+~+ti'~v?~~i~~?~. ti~~~W~~ ~-------~.QQ4~ S~O____ STUART, Florida, QG~4~lBl----- 19.~0-- = FOR VAL E RECEIVED the undersi ned, 'ointi ancl severally PROMISE TO PAY to the order of.____.__ _ JSN B~ACB $ANI~~___~_____lor__ da Haokin~_ orpoaotion____ '2 ~ ~ - y c, - - - ,j. !4~~ T~4_~$~_ ~4~~~___AAd__~S~L~Q..~..~~....~~..~..~.~~~~~M....«...~..~~~~_~..~..DOLIARS, •i at _~!~!A__~l~S~1~--~~5?~_~5~~-----~~~~---------_-- ----__----__or such other place as the holder hereof may designate in writing, together with inte~est from date at the rate of per centum per annum on the unpaid balance until maturity. The said principal and interest shall be due and payable OD de~and. ~ All accrued interest v311 be ~~yabls on ::h~ tirrt day oi esch calendar qu:rter. Thi~ note ~aay b~ prepoid at any ti~~ •ithout p~n~lt~. ~ .t k ~ i, If de{a~lt be mads fo? 3O days in tM psym~nl of ~ny insqllment ot pindpsl a intKest or sny part tl~ereof, the w!wle sum then reme~n~nq . ~ ~pald w~rh in~creat n~all ar holder's opnon becom~ dw snd wvabl~ without notit~. F~ilw~ ~o •~src~s~ iuch opfion sh~ll rat cory~ nub • warve~ of the r~yht •e eaercisc the sama in the ewnt of subscqcxnt default. After mawrity both principat and xcrwd interqt sh~ll besr interest at O. pe~ cee?um pe~ annum ~ ; . ~h~ pa~d. The makers and endoraers oI this note furthay w~iw demand, ratict of nw~-psyment snd potesl. If this nora is not paid ~e matoriry ~nt! the wrtw i: ~ •i p~ac~d wirh an attan~y fa colNttion, tM makers and endors~rs I+Neof ayrN 1o Pay all cwts of colbction, includiny all court cosb ~nd re~~onabl~ ~ttorn~y tees. A~aro - (SEAL) i j ~ • . ~naraJ--------------------- ' - (SEAL) f ~ ~ - - - - (SEAL) - Q~b,~ 1~: -IIownar - - - - . . :-:~+.++}.+.+,.+,~,+.'~.'~,,'~.+{'~v'w+~3.:r.'~.~.+s«.'~».ktifi~.'k+{Wfiti+~+~+++~~C'r.+~h+~fifiti ti ~4+:-~.~wh+r'h.'»:wh'~?+:»:w-C~.~h ~'~?W~S,~P snd shall duly, promptly and fully perform, discharge, execute, effect, complet~, comply w~th and abide by each and everp the stipulations, agreements, cond?tions and covenants of said promis~ory note and of thin mortgage. then thi9 mortgage and the estate hereby created shall cease and be null and ~'oid. It is understood that each of the words, "note," "mortgagor" and "mongagee" respectl~~ely and the pron- ouns referring thereto, whether in the singular or plural anywhere !n thls mortgage, shall be singular ft one only and shall be plural jointly and severally, if more than one, and 9ha11 be ma4culine, feminine and/or neuter. wher- ever the context ao implies or admits. , And said Mortgagor for himself and his heirs, legal representatives, successors and asslgns, hereby coven- anta anu agrees to and with eaid I?tortgagee, his legal representatives, succes3ors and assigns: ` i 1. To pay all and singular the principal and intereat and the various and sundry sums ot money payable by ~ vlrtue of said promissory note, end thi~ mortgage, each and every, prompUy on the days respectively the same - aeverally become due. I 2. To pay all and ~ingular the taxes, essessments, levie~, liaDilities, obligations end incumbrances of every ~ nature and kind now on said described property, andlor that hereafter may be imposed, auffered, placed, levied ~ or assessed thereupon, and/or that hereafter may be levied or assessed ~pon this morigage and/or the indehted- ~ ness secured hereby, each nnd every, u•hen due and payabte according to law, before they become delinquent~ ~ and before any interest attaches or any penalty is incuned; and in so faz as any thereof ia oi record the same ahall be prnmptly satisfied and discharged o! record and the oril;inal official document (such es, tor instance. ~ :he tax receipt or the satisfaction paper officially enciorsed or certifiedl ahall 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, satisfie8 and discharged. said 1?iortgagee may at any time pay the san?e or any part thereot v?~thout waiving or affecting ~ any option, lien, equity or right under or by ~•irtue of this mortgage, and the full amount ol each and every such payment shall be immediately due and payable :?nd shal! bear interest from the date thereof unt[1 paid at the rate of ten per centurn per ~nnum and togeth~r w~lh such interest shall be secured by the lien of thie mortgage. S. To place and continuously keep on the buildin~s now or hereafter eituate on said land tire and windstorm insurance in the ~SUaI standard policy [orm, in a sum not less than i.-~.~-X~IDlljn in such com- pany or comp^nies as may be approved by sai~l rlort~a~ce: anci al! such insurance policies on any ot said build- ings, any interest therein or part thereof, in the a~~re~ate sum atornsaid or in excess thereof, shall cantain the usual standard mortgagee clause makin~ the lu~s ur.der said poliries, each and every, payable to said 111ortga- gee as his interes[ may appear, and each a::d e~~e;} sii~•h policy shall be promptly delivered to and held by said 1liortgagee; and, not less than ten days in ad~~an~e of the expiration of each policy, to deliver to sxid Mortgagee ~ s renewal thereof, to~ether with a receipt f~r t~~e premium nf au~h renewal: and there shall be no such insur- ance placed on any of said buildinRs, any inlerest therein or part thereot, unles~ in the form and with the loss ~ payable as aforesaid: and in the e~•ent any sum af money becomes payable under such policy or policies said ~ Mori~agee shall ha~•e the option to ~ecei~e and apply the same on account ot the indebtedness secured hereby or ~ to permit said ~tortga~or to receive and use it or any part thereot for other purposes without thereby waiv3ng or impalring an} equity, lien or riRht under or by ~•irtue of this mortgage; and in the event said Mortgagor shall 3 for any renson fail to keep the said premis~s so insurod, or fail to deliver promptly any of said policies of , ~ insurance to ~aid 1ltortgaRee, or fail prompUy to pay fully any premium therefor, or in any respect fafl to per- ~ form, discharRe, execute, eftect, complete, comply u~th and ebide bv thia covenan~ or any part hereof, aaid 1?iortg- ~ agee may place and pay for such insurance or any part thereot without waiving or affecting any option, lien, ~ equity or right under or by virtue of thEs mortgage, anJ the fuU nmount of each and every auch payment shall be immediately due and payable and shall bear intPrest irom the date thernot untfl paid at the rate ot ten per ; ~ centum per annum nnd together ~Wth auch interest aha11 be eecured by the lien ot thia mortgage. ; ~ 4. To permlt, commit or aufier no Kaste, lmpairment or deterloration oi said property or any part thereoi. 1 ~ 6. To pay all and sin(~ular the co~ts, chargea and expenses, including reasonable lawyePe fee~ and coai o! s~~ abatracta ot title, lncurred or paid at any tlme by ~afd Mortgagee because and/or in the event ot the fallurs - on the part of the ssid Mortgagor to duly, promptly and fully perform. discharge, execute, effect, complete. ; comply with and ablde by each and svery the stlpulatione, ag~eements. condiUons and covenanta of ea:d promis- ; wry note, and Wa moKga~e, any or efther, and said costs, charge~ and ezpenaes, each and every, shaU be im- ~ medfately due and payable, whether or not there be notice, demand, attempt to collect or ault pending: and the full amount of each and every such payment ahell bear intereat from the date thereof untll pffid at the rste ot ten per centum per aiuium• and all aafd coate, charges and expenees w lncurnd or paid, together wfth auch ln- terest, ~hW bs aecured by the llen of thls mortgage. ~ ~ ~ ~ p ~ ~LOh ~Gl~ f~IC[2~~ N . _ - . .