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Home My WebLink About0019 s----la-~~---~-- STUART, Florida, _ _ I------ ~9_..7~ FOR VAWE RECEIVED the undersigned jointl a~d severally, PROMISE TO PAY to tbe order o~`~ {.__f/__ ~~~~rN~~~~~~~~~~~~• ' . ' ' ir~~rr~• •1~~~~N~~~~~~~~ - OOLtARS _ - . at --------------~~~,~~~_~j,~~,~-~~Q~'~~_. ...-----or such other place as the halder ~ hereof may designate in writing, together with interest from date at the ~ste of per centum per annum on the ~ unpaid bala~ce until maturiy, The said principel and interest shall be due and payable t3 tOu~W~ $lsl. 28 • mont~, t2~e nrsc p~y,o~eat beinq au~e one Yaonth iroam aat~e, iaa coa?ttau~e ior each mo~nth Werestber urttll paid. Tbia sum d=19~. 88 paid eaah matth atiaU ilrst be credi~ed to lntereat aad the remainder ta tbe principsi d this obli~atlaa. This aobe P~'~P~d ~?t s~y Waa~e a?~thout penslty. ~ Ii d~IwM b~ iwad~ ter ~ day~ in tM pay~t ol aMr i~qtdMn~nt o( aindpal u in?w~s~ a~nr o+~ ~wl. M~ wlw1~ swn ~Mn .~n+a~n~nq unw;d w~eh m~re~~ s?ull ~r Iwld~.'~ op~~m becom~ dw ind p~rabl~ w~N~wn na~n. F•~Iw~ ro•¦~.uw ~~d+ op~~on aM11 .eo~ consn~e • w~,w. o( eM .~yM ~~o ea~rc~N tA~ u~ ~n M» w~n~ d au6up~nt d~fw~~. Afn~ enuw~ty DoM princ~pal ~nd ~ccrwd ~n»r„~ sAall b~ar ~n?~r~s~ ~t Q p~r CM/VT p~. ann.,m t~ „nni p~~d. TM makNa ~nd ~rdai~rs of Mi~ nor~ furtlw~ wtiv~ dpn~~d. eptic~ of non-paym~nt ud proMft. If M~~ ~or~ ~s no~ p~d N~arw~ry ~nd tM sam~ ,s ; o~+e~d w~eh ~n ~nan~y for eo~Na~on, rM ~nakKS ~nd ~nJaNn Iwwf ~qN p P~ ~11 ewn d eoll~etan. inelu0~np •i1 eaxr eaa and rNSOn~bN •rewnsr Nea 5 _ _ (SEAt) ~ ~L~I~fri-P~~I-------•----- (SEAL) + . - - - - _ (sE~?~) ~ ~~~~a~-~e-------------- - - - and shal! duly, prou~ptly and fu;ly prrform, discharge, execute, ef[ect, completP, comply with and abide by each ~ and e~~ery the stipulations, agreements, cond~tiuns and covenants of said proinissory note and ot this mortgage, ~ then thia mortgage and the estate hereay rreateci shalt cease and be null and ti•o:~i. It ?s underatood that each of the words. "note." "mortgagor" and "mottgagee" respecti~•ely and the nron- ouns refernng thereto, whether in the s~nqular or plural anyv?here in this mortgage, Ahall be singular )t one only and shall be plural juintly and severally, if more than one, and shali be mascutine, tem~nine 8nd: or neuter, w•her- e~~er the coniext ao implies or admits, . Md said Morigagor for himself and his heirs, legal representati~•es, successors and assigt~, hereby coven- ant~ ana agrees to and wzth said 111ortgagee, his tegal representatives, successors and assign,: 1. To psy all and singular the principal and lntereat and the variau~ and sundry sums of money payable by virtue of eaid promissory note, and this mortgage, each and every, promptly on the days respectively ihe same se~•erally become due. ~ 2. To pay all and ~ingular the taxes, assessments, levies, liabilitiea, obtiRatiuns and incumbrances ot e~•ery nature and kind now on said descnbed property, and; or that hereafter may be imposed, suffered, placed, Ie~~eci or assessed thereupon, and, or that hereafter may be le~~ied or ~~sessed npon this mortgage and-'or Lhe indebted- ness secured nereby, each and e~•en, u•hen due an~i fayable accord?ng to law, before they become delinquent, and brfore any interest attaches or any penalty is incurreci; and in s~ far a~ enti• ihereof is ot record the same ~ shall be promptlv satisfied and discharged of record and the onRinal otfmixl document (such as, for inst~?nce. ~ :he tax receipt or the sa[isfaction paper officially endor~d or cert~t~ed? shall be placed tn ihe hands of said liortgagee tt'iihin ten days next :~fter payment: end in t1;e event that any thereof is not so paid, satisfied and discharged, said DSortgagee may at nny t~me pay the same or anv part thereof w-ithout w•siring or atfeeting any opUOn, lien_ equity or right under or b~' ~-~rtuP of this mortgage, snd the ful! amounL of each and ecery su~h pacment shall be immediately dur and payabie and shall bear internst trom the date thereof until paid at the rate of ten per centum per annum and t~geth~r K1ITl such intere~t shalt be secured by the lien of thie mortgage. 3. To place and continvously kerp on the bu,ldin~s nnw or hereafter aituale on said land fire and wirtdstorm inaurance ~n the usual standard polic~ form, in a sum not less than s 1Gs !n svch com- . _ . pany or comp~ ~ii~s as ma}• be apprared by sais! ]?fnrt;;n~re: and nll 3UC~1 insurance policies on ttny of sAid build- ings, any interest therein or part thereof, in the a~~re~ate sum a[oresa~d or in excess thereof, ahall contain the usual standard mnrt~agee ctause makmR the h~ss ur.de~r said [?oUcies, ea~h and e~•ery, payable to said :1lortga- gee as his interest may appear, an.1 each ar.d e~•e; su~•h pohc~ shall be promptly del~vered to and held by said ' 1?(ortgagee; and, not less than ten days in ad~•ance of ihe expiration of each po6cy, to deliver [o said \tort~a~ee ~ a renPt~•a1 ihereof, to~ether with a receipt inr the premium ot qu~•h rPnewal: and there ~httlt be no such i~sur- unce placed on any of ~aid buildinRs, xny interest therein or part thereot, unless in the form end with the loss ~ pa~•at,le as aforesaid: and in the ec•ent an}~ sum ot muney become~ ~ayablr under such ~iicy or policies said ~ Mortc;aRee shall ha~•e the optinn to recei~•e and apply the samP on account ot the in.~ebtedness securecf hereby or ~ to permit sa:d ~tort~s~or to recei~•e and u~e it or any part thereof ior other purrwsea without thercbv a•a~~-ing or impairing any equity, lien or ri~ht under or by ~•iriue of this mortgage: and in the e~'ent said viortqaKor ahall tor any rFas~~ tnil to kePp the said premis~s so in~umd, or tail to deliver promptly an~ of said polictes ot insurance to said \i~rtga~re, or fail promptly to par tully :tny premium therefor, or in any rcspect tail to per- torm, d~achar~e, execute, effect, cornptetr, comply «-ith and abi~le bY this co~•enant, or an~• part hereot,~?aid-~iortg- s~ee may place and pay for such insurance or nny part thereof without Kairing or affecung eny opiion, lirn, equiiy or nght under or by ~•irtue of this mortRage, ar.d the fu? amo?mt M each and every at~ch payment shall ~ be immediately due and pa~•able and shall bear intPrest trom the date thereot until paid at the rate o[ ten per j centum per annum and together with such lnterest ~hall be eecured by the lien ot thls mortgage. a • 4. To pernnit, commit or auffer no w•aste, impairment or deterioration ot safd property or any part thereot. 6. To pay nll snd ainguIar the coat~, charge~ and expenses, tncluding rebsonable lav~yer's feea and cost o! ebatracta of title, tncurred or pald at any tlme by satd Mortgngee becauae and~or tn the event of Lhe fallure on the part ot the said Mortgagor to duly, promptly and [ully perform, discharge, execute, etfect, complete, rnmply with and abide by each and every the stipulatione, agreementa, condiUons and covenants ot said promis- sory note, and thls mortgage, any or either, and ~aid costs, chargea and expenses, ench artd every, shstl be im- mediately due and payable, whether or not Lhere be notice, demand, attempt to rnllect or auft pending: and ths full amount ot each and every auch payment shall bear interest irom the dste thereof untll pafd at the rate oi ten per centum per annum• and all aaid coets, chargei and e~[penae~ so lncurred or psld, together with eucb !a- terest, shal! be secured by f?~e Ifea of thls mortgage. z s _ ~ooK~.91 19 ~ - - ~ _ _ , _ _ ~ ~