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Home My WebLink About2642 1 ..::••~Wh~dh~~W~Y~~.h+r.+~k'h'~'S~~'b~h~1?1hk'w'+~h~~~v?d~k~?~'`4~'~kkW~~kk~~+tihh~~~M~ ti~~kk+e'h'tik ~ Octobsr ` ;x; ~8 ~ 16'~v. UO STUART, Florida, - 19~~ . : , : j~ FOR VAWE RECEIVED, the unde~signed, ja~ntly and severally, PROMISE TO PAY to ihe order of___________._.. ~ ' _~j1~i~~~t"""'_"""""""'_'_"_""""""""'""'_'_."" r i ;~--~t~~-~~~~--4n~__~t~~d~~~---~'~z~Z__M_v__e._ana__oo~ioo--.......------------------------- ----------DOLLARS. ~ s~ at ~_:---4:---Box-- 7z ~-----~~_lx~ r~-~---~~9~~i~----------- ------or such other place as the holder ? hereof may designate in writing, together with interest from date at the rate of 8_.______._ per centum per annum on the ~ unpaid balance until maturity. The said princi al and inte~est shatl be due and payable 1e t1Ve ~Q11~1 , anowl iost~llaent~ ot 32~89~.~0, tho iirst pay~ent being dure one nar iro~ d~to bereoi. Iotere~t st 8'~ pfr snau~ on tM unp~id b~l~nc~ •ilI b~ ps~abl~ •nnwllr oa the su~ d~?y s?s the princlpal pap~ents. Thi~ Qot~ ~a~ b~ prepaid •t any tiaa ~ittiout penalt~. ~ ~ i. - q _ # If defaulr be mad~ 1w ~7~ days in tM paym~e+t of ~ny imt~llm~nt of pri~cipal or int~nsl o? •nY w~~ ~h~~eof, tM whol~ sum then rema~r~nq ':;~paid wnh ineeresr sMll at Aoldcr': opf~on Eecom~ dw md payabt~ wrthouf noric~. F~ilw~ ro~Yacis~ s+rch option shsll nm co~itut~ • wa~ver oi the rfght j ro e~certn~ fbe same ~n Me ~vent of subspoent def~~lt. Rfter mat~rity N~th principal +nd sttrwd ~^taa~ shall b~ar ~nter~st ~t ptr esntum per annum t. ~nt~l pa ~d. the m~ker• ~nd tndoracrs of ~his nme further w~~w d~n+snd, noNC~ oi non-payment ~nd prot~st. If this nore it not paid at maturity end tht ume is o~ac~d wnh an attwn~y for collecttw+, th~ mak~n ~nd endors~rs hereol ~yr~ to V~Y all cwts :3 coll~ction, includ~ny •II cour~ coats ~nd r~~so~abN a~torney le+s. Y i __(SEAL) ~ - - O`r~'T.~. ~f.l~i~33i~'_~----------------- - - ~ (SEAL) (SEAL) • ~,'~,5.'~i~.k+.+,+.w.'w+.'~?tiva~.+,+.+,.'•,:h.~-:~. ti+~er?.+.+~.+. Ql~~ ~,~t~~+,.'~MC~fi-0h. • w,'~.w+~o- and shall duly, promptly and fully perform, d~scharge, executP, ef[ect, completr, comply with and abide by each ar?d e~~ery the stipulations, agreements, cond~tions and covenants of said prom~s~ory noie and ot this mortgage, then thia mortgage and the estate hereby crnated sh:ill cease and be nWl and void. It is understocd that each ot the Kor~s, "note," "mortgagor' and "mortfiagee" respectively and the pron- auns referring thereto, whether in the singular or plural anywhere in thia mortgage, ahall be singular it one onty and shall be pluta! jaintly and severally, if mure thnn one, and sh:tll be ma.4culine, feminine and/or neuter, wher- e~•er the context so implies or admits. And said Mortgagor tor himself and his heirs, legal representati~es, successors and a9slgns, hereby covea- snts ana egrees to and with said 1lfortgagee, his legnl representatives, successors and assign9: 1. To pay aU and singular the principal and Intereat and the various and sundry sums of money payab:e by virtue of said promissory note, end Uu~ mortgage, each and every, promptly on ihe days respectively the same aeverally become due. 2. To ~ pay all and ~ingular the taxes, asses5ments, le~ies, liabilities, obtiRations and incumbrances of every nature and kind now on said descnbed property, andior that hereafter may be imposed, suffered, placed, levied or assessed thereupon, and/or that hereafter may be levied or asst~ssed upon this mortgage and/or the indebted- ness secured hereby, each and ever~, w•hen due and rayable accorriinj; to law, before they becorrte delinquent, and before any interest attaches or any penalty is incurred; and in so far as any thereof is o[ record the same shall be promptly satisfied and discha eed ot record and the on~ina! official document (such as, for instance, :he tax receipt or the sstislaciion paper officially endorsed or certifiedl shal! be placed fn the hands of sa:d 1ltortgagee w~thin ten days next after rayment; and in the e~•ent that any thereof is not so paid, satistied and ~ discharged, said l~tortgagee may at any time pay the s:~me or any part thereot w-ithout waiti~ng or aitecting any optiDn, lien, equity or right under or h~• ~•~rtiiP of this mortgage, xnd the full amount ot each and every such payment shall be immediately due and payable and shall bear intcrest from the date thereof untii paid at the rate of ten per centum per annum and tugeth~r v?.~th such interest shall be secure.i by the lien of this mortgage. 3. To place and continuously ke~p on the bu~ldin~s now or hereafter aituate on said land tire and windstortn insurance in the u.¢ual standar~l policy form, in a sum not less than i-.MaX~.ID.UIn 1n such com- pany or comp^~ics as may be appro~•ed by c.~ti~l 211ort~a~re; an~i all such insurance policies on any of said build- ings. any interest therein or part thereof, in the a~~n ~;ate svm atoresaid or in excess thereof, shnll contain the usual standard mortRagee clause makinR the lu~s ur.d~~r a~td policEes, each and every, payable to said 1?tortga- gee as his interest may appear, and each ar.d e~•e: su~~h ~u~licy shall be pramptly deiivered to and held by said I1lortgagee; and, not less than ten days in ad~•an~e of the expiration of each policy, to deliver to said blortRa~ee a rene~va) thereof, toRether v~ith a receipt for the prPmium nf a~~rh r~newwl: and there shall be no such insur- ance placed on any ot said buildinRs, any interest therein or part thereot, unle.gs in the form and with the lose pavat,le as ataresaid; and in the e~•ent any sum of money becomes payabie under such poltcy or policies said Mort~aqee shall ha~•e the option to recei~•e and apply the same on account o! the indebtednesa secured hereby or to permit said MortRaRor to recei~p and u.e it or any part thereot for other purposes without thereby waiving or impairing any equity. lien or rifiht under nr by Lirtue of this mortgage; and in the event said Mortgagor shaIl for ony reasa~ [nil to keep the said prem~i~s s~ i»~~ir~d, or fail to dellver pramptly any ot said policies of insurance to said DtortRaRee, or fail promptly to p;ry tully any premium the:efor, or i~ any respect tail to per- form, diccharge, execute. P(fert, comptete, comply ~~~th end abide by thi~ covenant, or any part hereof, aaid Aiortg- ager may place and pav for si~ch insurance or nny part thereuf without wai~ing or atfecting any option, lien, equity or riRht under or by ~~irtue of thia mort~age, and the full nmoimt of each and every auch payment shall be tmmediately dve and pa}•able nnd shall bear intPrest trom the date thereof until paid at the rate ot ten per centum per annum and together with such Interest shall be aecured by the 13en ot thle mortgage. 4. To permlt, commit or suffer no W a~te, impairment or deterioration ot eald property or any part thereof. 6. To pay all and ainRular !he cosia, charRea and expenses, including reasonable lawyer'e fee~ and co~t ot tlbstracia ot tiqe, fncurred or paid at any tlme by safd Mortgagee becaux and/or In Lhe event of the ttUlur+e on the part of the sald J~rtgaxor to duly, prompUy and hilly perform, discharge, eatecute, eftect, complete, rorriPlY with and abfde by :ach and every the stlpula!iona, agrc-emente, condiUona snd cc~venanta oi said promla- wry note, and thia mortgaf;e, eny or either, and ~afd costd, charge9 and expeneea, each and every, ahall be Im- mediatefy due and payable, wheiher or not there be notice, demand, attempt to colleet or ault pending: and the { !Wl amount of each and every auch payment ahell beAr interest irom the dats thereof untll patd ai the rate ot j ten per centum per ennum; and all eatd coste, charges snd expeases so lncurred or paid, together wlth euch tn- terest, stuW be eecurcd by the Iten of thii mottgage, ~ooK1$~ Pac~~~~ ~~..~~a N. - ~ ~ ~ ~ . ~ t ti~