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~ s--~-~-~------ STUART, Florida, - - - . i9.~,t.
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FOR VAWE RECEIVE the undersi ned 'ointl end severally, PROMISE TO PAY to orde~ of_._....~
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----:~_'_".r' DQIIARS,t
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~ at gj~j~ . .........or such other place es the holder-
k heraof may designate in writing, togethe~ with interest from date at the ~ate of ...l~._..__.. per centum per annum on the
~ unpaid balance untit maturity. The said p~inc+psl and interest shall be due and payable ~ t~~~
~~15~. 7d A moe~ tbe !lt~t payn~eat b~lep du~s ow moq~t ltotn da~e` add aaotlauR+ ar~s~
rna~ih fbi:rstbs ~ut1l pald~ TMIa ~tm d~193. Si8 ~icb mavt~t al~lt Ylsat bs ct~edles~d !o
~ater~st ~ad Ib~ s~ar~?r to ~t prloctp~i at ~ ab~tlq~tta~. 1LIa ools wtll ba cam~iofe
D~Ld rrtthto 180 m~oa~? pyrm~ d=lal. 9d ue~ aoar~P p?1~ 1~ Aols my? b~ pe~-
patd at aeqr lla~ r?t~ouR pea~it~
~ I} d~fwlt E~ mad~ ~or ~ d~r~ in ~M o~r~ant of ~nY imql4n~nt of a~r+cipal a:nNr~s1 u MY o+~~ 'Mrwi, M+~ wAol~ suT ~Mn .ana~me~
i ~np~~d w~M ~nr~rne sl~all ~f AoJdn'~ op ~~on b~cwn~ dw ~r,d p~Y~bl~ wiMpA nain. F~~lun ~o •aKC~N ~uch op~~o~ ~lull no~ co~ tuN • wa~vN ol eM r~qA~
~o •RNC~N ~M sa~ ~n M» ~v~n~ o/ wb~p,,~nf d~f~vtt. Afrtr mawrity bo~h principal and ~cawd intNMt sMtl b~~r ~nnr~s~
„m,~ p+~d. iM rn~t~n ~nd ~ndor~~n of M~~ nor~ f~nM. w~tv~ d~nund. noti~y of na~-pay~mne ~nd pottu. If rM~ nor~ ;s no~ p~d~t ma~~~r~M~,d rM su*eu s
c~~cW v.~M ~n ~tto.n~y fa colhcrron. tM m~le.a a~d ~ndor~~ M.w! prN b Pw_~I! cah coll~cran. inctud~~lt-~wr cw~s and .NSOnaBN •r?o.n~r fcti.
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and shall d~ly, promptly and fully perform, discharge, ex~cutr, ef(ert, complete, comply with and sbide by each
end everv the st~pulations, agreementa, conditluns wnd covenanta of sxid prom~ssory note and o[ this mortgage~
then this moctgage and the eatate hereby crestcri slt;all cosse and be null anA ~•o?d.
It ~s i:nderstuod that each ol the worda. "note." "mortqagoY' and "moriRagea" mspectively and the pron-
ouna refernng thereto, vvhether in the sinqular or plural snywhere in thls mortgage, ahall be singular if one oN~
an.i ~t~all be plurnl jointl} and severally, it mure than one, and shall be rnx.4culine, fem~nine 8nd; or neuier, wher-
e~•rr the context ao impl~es or admits.
Md said Mortgagor for him~elt and his heirs, legal representatices, successoro and assigns, hereby coven-
snta ano agrees to and with said 1?iortgagee, hia legN reprraentaUves, succPSSOrw end aa~igna:
1. To pay ~11 and singuls~ the prir_cipa! and interest and the variou9 and aundry suma ot money payabte by
virtue of said promiasory note, and this mortgage, each and every, prompUy on the daya re9pectively the same
~everally become due. ~
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2. To pay all and ainguler the truces, asses.~ments, le~ies, liabilities, abliFation~ and incumbrance~ ot everp t
nnture and 1:ind now on said dexnbed property, and: or that hereafter mav be imposed, auttered, placed, le~~ed
or assessed thereupon, andior that heresfter may be levied or ~csrssed upon this mortgage andior the indebted-
ness secured hereby, each and ever~, vvhen due and payable accorciing to law, before they become delinquent,
and before any intere$t attache9 or any penxlty is ~rtcurred; and in so far aa any thereof is ot record the same
shall be prumptly satisfied and disch.argrd ot record nnd the on~inal ott~cial docun~ent (such a~, tor instance.
;he tax receipt er the satiafaction paper officiatly endorsed or certif~ed~ shall be placed in the hands of said
ltortgagee w~ihin ten day9 next atte~ payment; and in the e~~ent that any thereot is not so paid, satisfied and 1
discharged, said 1?Sartgagee may $t eny t~me pay the same or any part themot u-ithout wai~~ng or affecting
any opU~n. lien, equ~tv or right und~r or b~• rertup of th~s mortgage, nnd the full smount of each and every
such p3}•rnent shall be immed~ately due an~i payabie and shall bear internst from the date theteot unLil paid
at the ra;e of ten per cenWrn per annum and t~~~eth~r K'1(Il such interest shatl be secured by the lien ot this
mortgage_ i
3. Tn place and contlnuously ke~p an the butldmy;a now or hereaiter eltuate on said land flre and windstorm `
insurance ~n the u.aual standard poti~•y form, in a sum not less than S.10~- ~ in such com- _
pany or comp~ ~i~,s as may be appro~~ed by sa:~l 1t~~rt;,•nrre: :?nd nll such insurance policies on any of snid build-
in~s, any interest therein or part thereof, in the a~;re~;ate sum aloresaid or in exce9s thereof, shall contain the
usual standard rnort~agee clause makin~ ttte 1~,~s ur.d~~r a~?id policie~, ea~h and eeerv, payable to said Atortga- '
gec :is his interest rr~ay appear, and each ar.d e~•e.-y su~~h ~Ac~ shall be pmmptly dPli~~ered to and held by sa~d
:1[ortFagce: and, not less than ten days in ad.•an~•e of the Pxpirahon ot each poli~y, !o deliver to sAid btortRa~ee
u renP«•al thereuf. !o~ether w•itA a rece~pt t~r the prem~um ~f su~•h r~newal: and thPre shall be no such insur-
an~e placed on an~• ot said bu~tdinR~, any ~nterrst thrrein or paK ther~~of, unless in the form and with the t~ss
pa}•abte ss a(oresaid: and in the e~•rnt any sum of money Decome~ payable under surh poltcy or policies sald
11ior.~;a~ee shall ha~•e the opti~~n to recei~~e and a~p1y the same an arcount ot the indebtedness secured hereby or
to ~w~mit sa.d Kortqa~or to recei~•e and e~ce it or any part thereo[ for other purpo~e~ without thereby w•aiving
or impairing an~ equity. lien or riRht under or by ~•irtue af this mortgaKe; and in the event said 1?iortga~or shall
for nr~ ~PR3!~:1 [~il to keep the said pr?mw~~s s~ insurrA, or fail to deliver promptly an~ of said pol~cies ot
insurancr to s.~~d :?tort~a~?ce, or fnil promptly to p:?a inlly any premium theretor, or in any respect tail to per-
torm, d~cchar~e, exerute, Fflect, complet~, cumply ~~~th and abi~ie_bv this covenant, or an}• part hereof, ~aid ~tor.g-
a~eP rr~ay plare and pay for s~ich inourance or any part therenf with~ut uairing or affecting any option, lirn,
eqmt~ or r.~ht under or b~ ~•~rtue uf this mort~aRe. an~l thc full 3mount of each and every auch payment shall ;
be immediately due and pat•able and shall bear intPrest from the date thereof until paid at the rate of ten per ;
cen!um per annum xnd toRether with such fnterest ~hall be aecured by ~he llen of thls mortgage.
4. To permlt, commit or ~ruffer no wasie, impairment or deteriontion o! aaid property or any part thereot.
6. To pay al! and sin~;ular the cost~, charge~ and expenses, including reaaonable lawyer's tee~ and coet. of
abstracta of title, tncurred or paid at any time bv said Mortgagee because andior in the event ot the falture
on the part ot the said Mortgagor to du1y, promptiy and lutly periorcn, dlscharge, execute, effect, complete.
comply v?~ith and ablde by each and every the stipulations, agreGments, conditlons snd covenanta of said pmmi~-
sory note, and this mortgage, any or either, and sald coata, charges and eapenees, each and every, aha11 be Im-
medietely due and payaDte, whether or not there be notice, demand, attempt to collect or ault pending: and the
full amocnt of each end every auch payment shnll beac interePt from the d8te thereoi until paid at the rste of ,
ten per centum per annum; and all asld ewta, charqea snd ezpeaser so lncure+ed or paid, together with such in-
tercat, ~hall be secured by the Uen ot Wa mortgage.
g0ox 191 ~
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