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Home My WebLink About0016 . 5------~?~-~QQ--_ STUART, Florida. J_.~_~.-------- 19__Z1_ ~ FOR VALUEt~ ~Qa,~~yr ~d ' tl and severall RQ~ ISE TO PAY to the orde? of.._.__.. .+~M~1~~L`'lY t~A ~Bd/8 ~Fl ~ - - . ~ , M~~Y~NM~N~NN~~~~ ' i - ~ ~~~R~V~A~~ HQ~~ I ~OILARS _ _""_r~~~• ~~MM~NM N~N~• "~'~~~"r..'-~.~-""" " ~ ~ at ~_~~__~~~af.~.~~'~_._.-_.__-.__.___. or such othe~ place as the holder hereof may designate in writing, together with interest from date at the rote of per centum per annum on the unpaid balance until maturity. The said p~incipal and interest shall be due and payable ~ tQ~,t~Wt; ~1~. 1~ i~!bA ~t ~IIL@t~ be~ dtM CO~ tII01'~1 ~'O~l ~t+a ~ CGt~ltl~~ t~! ~ eaol~ m~aoRh ~+rest~er mt~t paLd. Titt~ wm o[ ~Z28r J.O p~tld e~a~h a?a~th shall tlr~tt be eredl0ed to i~e~s~k ~ad t6~e rem~t~des to tbe paciaclp~t o~ thls abltqattao, Tltis m~3? bs pr~~l~ ~t ao,~ t~me ~rlttrout p~r~i~. ~4 : N defwN ~~n~ fa W dars in N» wrm~eN of a+Y Imyllm~nf of w~nc~p~l w cnN.ti~ w~ny put N~er~o1. rM wlw1~ swn Men r~ma~~,nq _ ~~p~id w~M ntertft s~+all N holdtr'~ option b~coar dw ~nd p~~sbt~ witlquf nobc~. fa~lur~ ~o •?aus~ sucA ophon ihall nof cor~s ur~ • w~~v~r o1 tM nq1+t ~j ro ~,~was~ rM un+s ~n N» Mnt ef wb~p:~~ def~W~. Alm mahx~ty boM pincip~l and ~ccrwd ie+qr~st ~hall b~~r ~nrer~st af ~ p~r CM1UT pe. aeM~m •F ,.nnl p+ id. T?v in~ken ~nA a~dwaNS of M~• no» fw~Mr w~~w dunsnd. ~+otic~ of rwn.payment and p+West. If th~s noti n.w~ pa~d a~ ~n~rvr~ry ~nd M~ s~m~ ~s e~~csd wieA ~n anwmy fa coiMctian, tM e+~k~.~ u~d ~ndas~n M~wf ~qrN b p~Y ~11 cwt~ of tollKria+. ~nclud~np •II ca,rr cwn ~nd r~asonabl~ att«ney fe~s. I~ .i. a c ~ . / (SEAL) •~~1~~-• • - _ (SEAL) {SEAL) - . - : and shall duty, promptly and fully pertorm, divcharge, execute. eftect. coniplet~, comply w~th and abide by each and e~~er~ the st~pulations, agreements, conditions and covenants uf 9aid prunussory note and ot ttus mortgage, then thi~ mortgage and the estate hereby created shall cease and be r~etll artd ~•oid. z lt unders[ood that each of the words. "n~te." "mortgagor' and "moRgagee" respectit•ely and the nron- oans refernng thereto, whether in the singula~ or plural an~~here in thla mortgage, Ahall be s~ngular it one only and ~hal! be plural jointly and severally, if more than one, and shall be mascutine, fenunine and,'or neuter, K~her- e~•er the context so implces or admits. And said Marigagor for himself and his heirs, legel representetices, successors and assignt, hereby coven- ant~ ana agrees to and with said 1?tortgagee, his legal representati~•es, successors and assigns: i ! 1. To pay ell and singular the principal and intereat and Lhe varioua and aundry sums of money peyable by virtue of said promissory note, and thi~ mortgage, each and every, promptly on the days respectively the same severally be.^.ome due. , ' 2. To pay all and singular Lhe taxes, ~ssessments, levies, liabilitie3, obliRations and incumbrancea o[ e~ery nature and kind now on said described property, and~or that hereaiter may be imposed, aufferevi, placed, le~~ed or asse~sed thereupon, and, or that hereafter may De levted or assessed upon this mortgage and 'or Lhe indebted- ness secured hereby, each and e~•er~, when due and {~ayable acroM~ng to law, betore they become deLnquent~ and before an}• interest attaches or any ~nalty i~ mcurred; and ~n so far as an}• thereof is ot record the ~me shall be prompUy satisfied and ~iischareed ot record and the anRinal of[ic~al document Isuch as, tor instance. Lhe tax rece~pt er the satisfaction paper officiaqy end~xyed or certified 1 shall be plared in the hand~ of stud tlortRagee ntithin ten days next atfer ~rayment; and in the e~•ent that any thereat is not so psid, satisfied and discharged, said 1LortgaSee map at any izme pay the same or any part thereof w•ithout w•a~~~ng or affect~ng j any opLOn. lien, equity or right under or b)• ~•irtuP of th~s mortgage, and the full amount o1 each and every such paLment sh:~q be immediately due and }~apsb+e :ind shaU bear interest trom thr .late thereo! iintil pa~d at the rate of ten per crnturn per annum an~3 t~~~eth~r wzth such intere~t shal! be secure.i by the l~en uf th~a mortgage. f 3. To piace and continuously ke~p on the buildzn;;a now ar herersfter situate on said I:uid fire and w~ndst~~rnu insurance ~n the usual standard policy (orm, in a starn not less thxn S ~Os 4~~ sunc ~om- ~ any or c~m ~ s as R18}' bP A roved by sa;d I+ior+.~ ~,.~e: and all such insuranre c~lie~ey on wny 9rud build- P P': : PP p ings, any interest therein or part thereof, in the a~~r~Kate sum atorPVa~d or in exces~ t2iereof, shall cor.tain :he usual standard il7nttt;AgPP ~ta;~se makinQ the lu~s ur.~i~r satd poljciea, eac~h an~3 e~•en. pAyable to sai~l A1~~rt};a- gee a~ his interest ma~- appear, and rach ar.d e~•e. sei~ h Exilicy ahall be pmmptlp deli:•ered ta and helJ Dy AAId riortgagee: and, not less than ien da~s in adt•am-e of the exp~rat~on of each polirq, to deli~~Pr to safd ~tort~a~ee3 a renetcat thereuf. toQether a•ith a rece~pi f~r the premium ~f v~u-h r~newal: and thPre shall t+e n~ such insur- ance plxred on an~ o[ ~aid bmldin~s, any interest there~n or part thenof, unl~~s in the torm and with the 1~3s pa~•able as afores3id: and m the e~•Pnt any sum of maneY be~c-omes payable under such pollcy or rolicies said biortka~ee shall ha~•e the opti~m to rerei~~P and apply the same on acrount ot the indebtednes~ secured hereby or to ~ern~it sa~d tiiort£aRor to mcei~e and »~e it or any pRrt thercof for other purposes thnthout thereby w•aiti-ing or impairing an~• equity, lien or n~hi under ~~r by ~•irtue of th~s mortga~e: and in the e~'ent said ~fortgaKor shall for any renson lail to keep thP sa:d pr?nus~s sn in~urrd. or fail to deli~•er promptly anp of said pohciev of insurancP to sa~d ~L~~rtFaR~~e, or fail promptly to par f~?tly :inY premium theretor, or in nny respect tail to per- form. ciicchar~e, excruie, ettert, comrlete, comply w~tn and abs~3e by this co~•enant, or am• part hereot, said ~tortg- a~eF inay piace an~1 pa~ for such inaurance or xny part thereof ~v~th~ut w•aiv?n~ ar affectinR Rr.V ~~tion, l~Pn, equiiy or r.~ht un~ier or b~~ rirtue of this mortFa~;e, an~ thr full amount of each and every at~ch paymcnt shaU be immediately due and pa~•able and shall bear intPrest from the ~late ther~of until paid at tlie rate ot ten per centum per annum and together with such tnterest shall be aecured by the lien of thla mortga~e. 4. To permit, Commit or ~uffer no a•aste, impairment or deieriotaLion of aald property or any part thereot. 6. To pay sll and sinRular the coats, charge~ and expensea, incfuding reasonable laxyer'e fees and cost ot abstracts ot tiUe, tncurred or pai~? at any time by said Mortgagee becauae snd/or tn the event ot the fsflure on the part of the ssid Mortgagcr to duly, promptly and fully perform, dixharge, execute, etfect, completa, comply with and abtde by each and every the stipulation~, agreements, conditton~ and covenante of eaid proml~- , eory note, and thl~ mort~age, any or either, Blld ,AId C09~, charges and e~.ses, each and every, ehntl be im- mediately due and payable, whether or not there be notice, demand, atiempt Yo collect or ~uft pending: and ths full amount of each and every auch payment ahall bear interest from Lhe date thereof unttl paid at the rate oi ten per centum per annum; and ail eafd coeta, charges and ea~penaes so tncurred or pnfd, togeiher with sucb !a- terest, shall De eecured bq the lien of thfs mostgege. gooR191 16 w ~ . _ _ : _ _