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W STUART, Florida, },1 ~ q_
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FOR VAIUE RECEIVED, the unders~gned, jointly and severally, PROMISE TO PAY to order of
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or such other place as the holder
hereof may designate in writing, together with interest from date at the ~ate of 8. r centum
~:.~npaid balance until maturit The said P~ per annum on the
y- p~incipal and inte~est shall be due and payable ~ i~~~
~ ~13~. 47 a mantt~ t~s iirat p~?ym,ent beinq du,e o~r~e mo~th #rom dst~, ~d coatinue for
= each n4onth t~ereaf~er uatll paib Thi~ sum od $199~, 47 pe~id each manth s~all fLrat he
credibed Lo intereat aad th~e remain~der to the prlacip~l ~ thts obliq~?tloa 'This note
ma~y be pt'epaid at
~ aqy tLme without pen~ity.
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ir ee~a.;lf y~ ms~c fw ~Ty dars ~n r1,~ pav'+w~t of any imt~llm~nt of q~nc~p~l w~rt~ryt or an -
...a~~ N r~ ..,ie:cir s~+ar~ st holdcr's Mnon become o:n and r Dan rhereof, rAc whole s~m Men rema.n,nq
: c.erc~sc rne ur.~e ~n rtk e+ent af s.;bse Wv~bt~ w.lAouf ~orKe. fa,l.i.~ fo •aNf~M s.rch opt~on sf.all nor consfjf,h • wa:ver ef tl,e r~~h~ ~
a~cnt aef~~h Afre. mar~nty bpfl~ qinuasl and ~ttr~ld mfMqt sh~ll bNr ~rterest at Q pet ce~t~m annum
oa~a 'A~ malrn arta endorsers of rA~s nore i„rtner Ny~rt o~mand. nohc! of non.p~yme~t ~nd prpfe~t, tf rh~~ no~e ia nar pa~d ~t maNr~r~ a~ ryK y~ ~s
::x~d v.,rn ~n •~rwnay fa col~~,a,. t~ ~er~ M~~ ~ paY •II coars of co!l~ciqn. ,nclud~np •11 court cosn ~nd rea~onabk •~~ore,ey Ieea.
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Roa~td E. Bura~iel
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and shall dulp, promptly und fully perform, di~charg~ exccut~, effect, compl~tP, comply w:th and sbide by each
and e~•en !he st:pu:ations, agreements, conditio.v and covenants of said promissory notc and of tFua morigage,
then thu mor.gage and the eatste hereby created shalt cease and be nuU and ~•oed.
It i~ understoai that each of the v~orda. "note." "mortgagor" and "moRgagee" rnspecti~•ely and the nron-
ouns refer:u:g therei0. whether in the aingular or plural an}where in thl~ mortgage, ahall be singular if one only ;
and shall be plural joinU} and xverall~, if more than one, and shall be masculine, feminine end: or neu[er. K het-
ei•er Lhe conieact so impliea oi a.3mits.
Md said MoMgagor for him+elt and his heirs, legal representati~es, successots and ~ssigps, hereby coven-
ants sna egrees to and K-ith said Mortgagee, hia legal representative~, succe9sors and assigns:
1. To pay all sad aingular the principa! and intereat attd the varioue and aundry auma ot money payable by ~
virtue of said pmmisaory aote, aad thia mortgage, each and every, prompUy on the days reepeciively the same
severally become due,
2. To pay all aad aingular the taxes, assessments, levie~, liabilities, obligationa and incumbranre~ of e~erq
nsture and kind now on said descnbed pmperty, and ~or that hereafter may be imposed, auffered, pIaced, leried
or assessed thereupon, andior that hereafier ma~ be levied or ~csessed upon this mortgage and or the indebted-
ttess secured hernD~, each and e~-ert•, Khen ~ue and payable arcordmg to law, before they become deliaquent,
end before an~ interest attaches or an~ penulty is incurred: and ?n so far as any thereof is of record tbe same
ahall be prompUy satisfied and discharged of record and the onRinal official document (such as, for instance.
:he t~ receipt or the satisfact;on paper officially endorsed or certified? ahall be placed in the hand~ of said
.ltortgagee x-ithin ten dsys nezt after paymenf; and in the erent thnt any thereof is not so paid, satisfied snd
d~scharged, sa~d l~tortgagee may at any Gme pa}• the same or any part thereoi w-ithout v~si~zng or aftecting
an} opL~on, lier., eqwt~ or right under or b~ ~-~rtue of Lhcs mortgage, and the full amonni of each and every
su:h pati•ment shall be immediately due and payab:e and sha11 bear interest from the date thereof until paid
at the ra:e of ten per centurn per annum and together w-sth such incerest shaIi be secured bp the lien ol this
mortgage.
3. To ptace and coniutuousl~• keepyn the b,Id,n~a now or hereafter eituate on said land fire and v~indstorm
insurance in the u_cual standard poticy form, in n sum nat les~ than s-..~,~y-~Q.-~ 1n ~vch com-
pan~• or comp- .ic•s as may be aparo~•ed bp ca3d Mort~a~ee: xnd atl such insurance policies on any o1 sa~d build-
inga, any interest thrrein or part thereaf, in the a~gregate sum aforesaid or in excess thereof, ahall contain the
usual s;an3ard mart~agee clause making the l~~~s ur.der ssid pot~cies, each and even, payable to said ~lortga-
gee a~ his interes: mac appear, and each s^d ere:~• sv~•h pc~Iicy ~hall be promptl~ deli~•ered to and held by said
I~iort~agee: and, not less than ten daps in adti•ance of tne ezpiratton of each policy, to deliv~r to snid 3~iortgaRee
a reneK•a} thereof. LageLher ~t-ith e receipt fnr the premium ~f s?l~h renewal: and there sha]I be no such ins~r-
ance placed on an~ of said bui3dinR~, any mtereat Lherein or part thereot, unless in tht form 8nd with tht los~ ~
paratte a~ aforesaid: and fa tht e~~ent any svm ol mon~y becomea payable under auch poltcy or Fwlicies saud
LliortKaRee shall ha~•e the option to recei~'e snd appl~ the same on account of the indebtedneas aecured hereby or
to permit sa:d 'titort€a~or to recei~•e and uee it or any part thereof for other purpoaes a-ithout thereby k~ai~~ng
or impairing any equity. lien or n~ht under or by ~-irtue of this mortgage: and u? the e~ent said Mortgagor rhall
for ar,v reason fa~! to keep the said prem:ses so inQurrd, or fail to deli~•er prompUy an~ of said policiea of
inaurance to said :?tortgs~ee. or fail prompuv Lo ~~re}• ferlly any premlum therefor, or in any rwpect ta11 to per-
!orm. discharge, execute, effect~ complete. compl} w~th and abide b~ thia covenant, or an} part hereof, aaid Atortg-
agee may place and pa~ for such inrurance or any part thereof a•ithout K•ai~•ing or effecting any opiion, 3ien,
eqwi~~ or rght under ~r b~• ~•~rtue of thia mortgage. and the iull amount of each and everv such payment ~??all
be immediately due snd pa~•able and ehall bear intPrest tmm the date thereof untll paid nt the rate of ten per
centum per annum and together wtih auch lnierest shall be eecured by ihe lien of thi~ mortgage.
To permlt, commit or auffer no w-aate, itnpaircnent or deterforaUon o! sald pmperty or any pari thereol.
6. To pay a[I and sin~{ular the coata, chargea end ezpenxa, including r+easonable law-~e~~ fees and cost o!
abetracta ot UUe, lncurred or paid at anq time by safd Mortgngee becauee and'or !n the event of the failurs
on the part of the said l~ortgagor to duly, promptlv and fully perfornn, Afict?arge, ea[ecute, effect, complete~
comply ~rith and ablde by each and every the atipulat~ons, agreements, condiUons and covenant~ of said promfs-
+wry note, and th3i mortRa~;e, any ar either, and aald costs, charges wd ezpeasea, each and every, shaU be im-
medlately due and payable, whethsr or not ther~e be nottce, demand, atiempt to colkct or suit pendtng: and ths
full amount of eacD and even such pa~-ment ehall bear interest trom ths dsts thereof until pafd at the nte ot
ten per centum per annum: and all sald coeb, charge~ and ezpen~e~ ~o incurred or pai~ W~ether wlth euc2~ !a-
tererl. ~ball L~ ~ecured by tDe Uea of thL mortgage.
800~ 1~1 48? ~
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