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Home My WebLink About0484 .r t 1~ ~}~.1~. . . . . Sl'UART. Florida. . 11r:ar~h 19 ' FOR VAL C IV D. !h• undersi ned, 'ointt7 •~d se ally, PA M1SE ?O PAY !o !hs ordes oi ~ R~~~ ~t~ aAa.~~?t~.~~ .~G . n~ ~~~A .'I~OLS~.wl'K~_~J~QO ! w...w. .w.. w.. w_ ~ _ w w.. w~..w. w s ..w..~.. w r_ • • • r DOLLAAS. at Wi ^1~~'f~'°~- ~'~'~1.•~~-•-~ . li?a..d.. or such oiher place az the holder hereo! ma~ designat~ ia writing, foyefh~r wilh int~r~s! rom a! !he rale o! per cenfum per an~um on the unpaid balaac~ until maturitT. Th~ said ptiaciptl aad inierest sha du and paynblc as tollows: F~Vsb1e oa or betor~ tea t1U) y+aars c te oi thie no~a, wtth intere~t ~.~bl~ ~e :zi-annuall,~ . girat intureAt ~s,~:c~aot du+~ ble an Gatot~ar 1. 1~~71 aad ~aca anci evrr~ sia tnanths thereatter. I~sneats can the ~rinci~~al :::~y ~~,d~e : nth17, s~ :ni-snaual~y, or y~~~~•~y a.~ aqr:edei beiwc~~in th~ psz~tia8. If dctault be madr lor ~.yi days in Ibe D+1see1 0/ ~ny ioslallmen! 01 Orinc or in rest or a~r w.e t6rreol, tAe vrt~ot~ •um tben remamief ~~nPaid rrit6 interest •h~ll at boldti a opiioe lecome dw aad parable ~ritAout eotice. Fai re to rcise such optioo ahall not cun.~ilute vaiver o/ tAe n~At to eaercia• tAe s~me is Ihe evenl of subsequeat detault_ Alter maturity botA pr' cip~ d accrued int..~st shall bra. .nte~rs~ at 1J per c~ntum per annum u~til paid. The ma4era ~nd eador~~r• of tAis note lurther va1~e dewand, eo ' e ol ~on-paym~nt and protes~. 11 (A~. eut~ is not paid ~t a,alu~~ty and Ise ~ame is pla~ed r~~h an attoreer (or copection, tAe saiert •nd endors ereo/ •~ree to par all custs ul culleclwn, mcludin~ all courl co~ta and reaaonable attorney le~a. . - - ISEALI J~va :~1: L. GiR , Sa . - ` ~~r:: i_:y Glft ISEALI i ; f _ . - . . . ISEALI and shalt duly, promptly and fully per[orm, d~srharge, execute, eftect, completP, compty with and abide by each and ecerv the stipulations, agreements, conditions and covenants of said prom~s~ory note and ot thi9 mortgage. then this mortgage and the estate hereby created shall cease and be null and vo~d. It is underatood that each of tha vronls. "note." "mortgagor" and "mortgagea" respectively and the pron- ouns referring thereto, whether in the singular or plural anywhere in thia mortgage, ahall be singular i[ one only and shall be plural jointly and severally, it mure than one, and shall be ma.gculine, feminine and/or neuter, wher- ever Lhe context so implies or admits. And said Mortgagor for himselt and his heirs, legal representatives, successors and assigns, hereby coven- ants ana sgrees to and with said I?iortgagee~ his legal represeniatives, successors and assigns: 1. To pay all and singular the principal and internat and the various and aundry aums of money payable by viriue of aaid promissory note. and thia mortgage, each and every, prompUy on the daya re~pectively the same I aeverally become due. ' ! ' 2. To pay all and aingular the ta~ce~, assessments, levies, liabilitie9, obti~ations and ineumbrance~ o[ every s' nnture and kind now on said described property, and!or that herealter may be imposed, autfered, placed, levied i ; or as4essed thereupon, and/or that hereafter may be fevied or assrssed upon this mortgage and/or the indebted- ~ ness secured hereby, each and every, w~hen due and payable according to law, betore they become delinquent, ~ and brfore any interest attaches or any penalty is incurred; and in so far a~ any tY.ereof is of record the same ` ~ shalt be prompUy satisfied and dischar~e~3 0[ record and the original official document (such as. tor instance, t ~ ihe tax receipt or the satisfaction paper ofticially en~lorsed or certifiedl shall be placed in the hand~ o[ said { ~ ~iortgagee w~thin ten days next after rayment; and in the event that any thereo[ is not so paid, satisfied and ; ~ discharged, said I?Sortgagee may at any time pay the same or anv part theren[ without wai~-ing or aftecting € any option, lien, equity or right under or b~• ~'irtii~ of this mort~aRe, and the full amount ot each and e~ery ~ ~ such payment shall be immediately due and payable and shall bear interest trom the date thereof until paid = ~ at the rate of ten per centum per annum and tu~;eth~r K~th such interest shall be secured by the lien of this mortgage. t ~ 8. To place and continuously kePp on the bu,ldin~a now or hereafter aftuate on said land fire and windstornn insurance in the u.aual standard policy form, in a sum n~t less than s.. Maximum ~n such com- ~ ~ pany or conip^~ir•s as nzay be appro~•ed by sai~l 1?fort~;arre: ami nil such insunnce p.~licies on any of said build- ~ ings, any interest therein or part thereof, in the a~fin~;ate sum afore~aid or in excess thereaf, shall contain the ~ ~ usual standard mort~agee clause maklnR the l~«s ur.d~~r s:tid policies, ea~h and every, payable to said Dlortga- - gee as his interesi may appear, and each ar.J e~~e;~~ su~•h polic_r' ahall be prnmptlv delivered to and held by said 1?Iortgagee; and, not less than ten days in adt~an~e ~t the expiration of each policy, to deliver to said blortgaRee ; ~ a rene~val thereof, to~ether w•ith a receipt f~~r the premium ~f ~urh r~newal: and there ~hall be no such insur- ance placed on an~ ot aaid buildinRs, any mterest therein or part thereof, unless in the form and v~~ith the loss ; ~ payable as aforesaid; and in the e~•Pnt any sum of muney becamea payable under such policy or policies said ' ~ Mort~;xRee shall ha~•e the opti~~n to recei~•e xnd appty the samP on account of the indebtednes~ secured hereby or ; ~ to ~wrmit sa;d MortQa~or to recei~•P and uce it or any part thercof for other purposes without thereby waiving ; ~ or impairing an~• equity, lien or ri~ht under ~r by ~irtue of this mortgaRe; and in the event said Mortgagor ahall ~ tor any rPaso:~ [ail to kePp the sai~i pr?nuars s~ inaurrd, or (sil to dellver promptly any ot said policies of ~ insurance to sa?d 11t~rtRaRc•e. or fnil promptly to p,~y futly any premium therefor, or in any re~peM fail lo per- = ~ form, d~schar~e, execute, effect, completp, camply u-ith and abide by this covenant, or nny part hereof, asid riortg- F ~ n~eP may piace nnd pay tor such insurance or anp part thereo[ without kaiving or atfecting any option, liPn. equity or riRht under or by ~•irtue u[ this mort~age, an~l tht~ full amount ot each and every such p~yment shall be immedialely due and pa~•able and shaU bear intPrest trom the date themot untll paid at the rate o[ ten per ~ centum per annum nnd together wiih such fnterest shall be aecured by the lien of thls mortgage. 4. To permlt, commit or suffer no wa~te, tmpairment or deterioration of sald property or any part thereol. 6. To pay all and nlnRuiar the co~ts, charges and expenses, includ~ng reasonable laKyer'a tee~ and cwt o[ abstracta of title, lncurred or pafd at any time by aaid Mortgagee becauae and~or In the event of the fallure ~ on the part ot the said MortgaRor to duly, promptly and tully perform, dtecharge, eaecute, etfect, complete. ~ comply a~ith and ablde by each and every the stlpulatfona, agreements, conditlons und covenanta of aaid pramis- sory note, and thia mortRage, any or elther, and ~xid costa, charges and expenses, esch and every, ahslt De tm- w x ~ mediately due and payable, whether or not there be not:ce, demnnd, attempt to collect or ault pending: and ths - tull amount of each and every auch payTnent shnll bear interest trom the date thereof untl! pafd st thr rate of ten per centum per annum; and all sald coete, charges and expensos ~0 lncurred or pei4, together with such tn- terest, ~hW bs ~erured by the llen of thls mortgage. . ~ a~ ~9~ 483 ~ .~t ~e . _ _ -