The URL can be used to link to this page

Home My WebLink About2478 s_ ~~~.~.~4.~._ ~ ~ ~ STUART, Florida. 19~I.1__. fOR VI?lUE RECEIVED tM undersi ned ''ntly snd s~ve~ally, PROMISE TO PAY ro ~h~ ordK of.-------- r ~ Si~~NN~NM , - .~N.~««~.~~.N OOItARS, - - --------------p at ~----w- ._.d or such othK Isc~ as the holder hshof may d~sipna» in w?itin9, to~tF~ with intenst from daM ~t the rote of 4~_.___. per tentum p~~ sn~um on the un id bal~no~ until maturity. Th~ ~id prindpal ~nd intKest ~all b~ dw and payabie M ~OuOw~t 5~~. 47 a~ t~ i~sst py~m,sM b~in~q d~r ao~ ma~h Lroaa~ it~, a~d aae~law ~ch ~ u~i~ pall~ 7~a ~m? d~1~ ~7 Mab m~oekb a~il l~nt bs crdl~d to - ia~reat ae~ ~ r~a~atadsr ~o ~s pel~al,pal a~ t~Ls obl3~qatLo~ 1'bta aoN aw bs phpaid at ae~y tUoa~ withonR purait~. Tl~ls no~s wUl bi comple~e~j? pa~d wilb 1~0 moath~ pqmeab d~15~. ~7 uN~q soo~aer prspald If A~twk b~ wrd~ /w d~y~ in M» o+trnwnt ef ~wy 4iq~nt of pie~l o~ int~t a nw n+~ M~noi. ~M whoN w~w N~+ ~yweq unpaid wi~A in~nat ~MII M Aoldw`~ api ~eow» dw and p~ral4 wiMaK wwia. F~ilun w~a~rc:r wd? aWion ~hall eor cauK a w~+v~? of Me riqht ro~a~rei» 1!r ~w~ in IM ~~r~nt ef w~M d~fault. AfNr nruwiy boM Princlql ~nd aarwd inh?~sf ~iytl ewr inM~u at _ P~r an~wn op ~rrw~n ~ntil p+id. TM n+~k~.s snd ~dor~s ~t Nr~ n~ ~ w~ ef no~?ysy~nt ~+d pwNSt. N Mk no~e is ~of p~id N nwhwity ~nd Mw u~ is p1~pA witA M~flornhr Ior tollution. IM ~w~k~n M~d MdorMn Mnei piM 1e P~y dl oo~M oi oolNtfipy ie~udinq ~ll cowf totb M~d rMSOtrbM ~IlaMy h~s. / ----~5~~~ G~ P~ _______~S~~, and shall duly, promptly and fully per[orm, diachargG execute, effect, complete. comply with and abide by each and everv the stipulations. agreements, conditione and covenante of said prorrussory note and of thie mortgage. then thls mortgage and the estste benby created shall cease and be null and void. It is understood that each of the words, "note," "mortgagor" and "mortgagee" respecUvely snd the pron- ouna referring theretq whether in the eingular or plural anya?here in this mortgage, ahall be singtilar if one.only and ahall be plural jointly ~nd severally. i! more than one, and shall be mesculine, feminine and/or neuter. wher- ever the oonteat ao impliea or admlts. And aaid Mortgagor for himaelf and his heirs, legal representativea. auccessora and asaigns. hereby oovea- ants ana agc~ee~ to and with said Mortgagee. his legal representativea, succes9ors and assigna: 1. To pay all and eingular the principal and intereat and the various and sundry suma of money psyable b~ ~ virtue ot said protniasory aote. snd this mortgage. each and. every. prompUy on the daya reapectively We aame ; aeverally become due. " ~ i 2. To pay all aad singular the taxea, assessments, levies, lisbilitie~. obtlgations and incumbrances o! every E nature and kind now on said describcd property. and/or that hereafter may be impoaed, suftered, placed. levied ~ or asae.4sed thenupon, and/or that hereafter may be levied or assessed upon this mortgage and/or the indebted- ! ness secured hereby. each and every, when due and payable according to law. before they become delinquent, ~ and before any- interest attaches or any penalty i9 incurred; and in so far as any thereof is ot record the same ~ ~ ahall be prompUy satisfied and discharged. ot record and the originat otticial document (such as, for instsnce. F the tax receipt or the satiafaction paper officially endorsed or certified) ahall be plnced in the hands of aaid E Mortgagee within ten days ne:t after payment; and in the event that any thereoi ia not so paid. satistied and ~ discharged, said Morigagee may at any time pay the same or any part Nereot without wai~-ing or affecting any option. IIen, equity or tight under or by ~irtue of this mortgage, and the fall amount ot each and every ~ such payment ahall be immediately due and payable and ~hall bear interest from the date thereof until paid ~ at the rate of ten per centum per annum and together vrith such interest ahall be aecured by the lien of this mortgage. ` 3. To place and continuously keep on the buildinga now or hereafter sitaate on aaid land fire and windstorm insurance In the usual standard policy [orm, in a sum not les~ than i---...----~~~1.~••-•--•-•-•--.......-., in such com- ~ pany or comp^nies as may be approved by said 1liortgagce; and all such insurance policiea on any oi said build- inga, any intereat therein or part thereof, in the aggregate aum aforesaid or in excess thereof, ahsll contain the ~ usual standard mortgagee clavae making the loss ur.der eaid poticies, each and every, payable to said Dlortga- ~ gee as hia lnterest may appear. and each at~d every such policy shall be promptly delivend to and held bq said Mortgagee• and. not les9 than ten days in ad~•ance of the expiration ot each policy, to deliver to said Mortgagee ~ a renewal ~thereot, together with a receipt for the premium ot auch renewal• and there st~atl be no such insur- ~ ance placed on any of said buildinga, any interest therein or part thereof, unless in the form and wfth the lws ~ payable as aforesaid; and in the event any aum ot money becomes payable under such poUcy or policiea aaid Mortgagee shall ha~e the option to receive and apply the same on account of the indebtedneas secured hereby or to permlt aaid Mortgagor to recelve and use it or any p+~rt thereoi tor other purposes without thereby waiving ~ or impalring any equfty, lien or right under or by virtue of thta mortgage: and in the event said Mortga or ahall ~ _ for any reaaon fail to keep the said premiees ao in+urnd, or fail to dellver prompUy any ot aaid po~cies oi :s: insurance to aaid Mortgagee, or fail pmmpUy to pay fully any premlum thcretor, or in any reapect fail to per- ~ form, diacharge, execute, effect, complete, comply with and abide by this covenant, or any part hereot. said Mortg- agee may place and pay for auch in~urance or any part thereof without waiving or affecting any option, lien. : equity or right under or by virtue of thie mortgage, and the full aqiount ot each and every such payment ahaII be immediately due and payable and ahall bear interest fmm the date thereo! untll paid at the rate ot ten per centum per annum and together with such interest ahall be secured by the Hen ot thL mortgage. 4. To permft, commit or suffer no waste. fmpairment or detesioraUon ot satd property or any part thereol. 6. To psp a11 aad singulu the costs, charges and expenxa, tncluding nasonabie lswyer'~ fees and cost ot ~ abatracts oi tiUe. lncurred or paid at any tlme by satd Mortgagee becauee and/or in the event of the fatlurs on the part ot the said Hortgagor to duly, prompUy and lUlly perform. ~ischarge. e~[ecute. eKtct„ complete„ ~ oompl~ wfth and ablde by eacL and every the atfpulatlons, agreements, condiUons and oovenanL~ ot said prorafs- wry note. a~d tlW mortgage, anr or either. aad said coats, charges an~ a~cpea~ea. eacb wd every. shall bs im- mediately due and psysble, whether or not t2~era be notice. demand, attempt to ooUect or ~uit pending' and ths ~ fuU araowlt ot each and every such payment ahall bear interest trom ths date tbereoi untll pafd ~t tbe rate ot : ~ ten per ceatum per aanum: and all ~afd ooate. cbar8ea aad eupen~s~ ~o lncuned or pai~ togst.h~r wlth wcb !a• ~ tere~t, ~hall bs ~scured bp tbe liea oi ttda mortgage~. ~ ~ aooK 189 2470 . ~y ~ ~:~sa~~~,~»~=~rYr - '"ti~-~~=~~'