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Home My WebLink About0644 . ~ A } ~ ~ 10 • Ll,~t ~ r = S..__~_...~_.___..._.._.._--- STUART, Florida. Jr.4!(.._.. . . 19_~ ~ FOR VAIUE RECEtVED the undersi ned iointl and severall , PROMISE TO.PAY to tha order of~__..______________________________ ~ JEN~EN BEA~H ~AN Jensen ~eachy.Florida ~ ~ -=---~===TE1~~'T~IZSU'SA1VD 6a~JI~ .._..~o~v~RS ~ - , ~ a~ ._~~~~.~~er~eac~ Ban~,_.~er~sen Bea~h,,_F~orida. 334~~_. or :uch ort?e~ place as the holder ~ ~ hereof may designate in w~iting, together with interest from date at the ~ate of per centum per annum on the ~ ~ ~ unpaid balance u~til maturity. The said principal and inte~est ahali bs due and payable aS f O110WS: ~ k $121. 33 a month, the first payment beinq due one month from date, and continue ~ ~ for each month thereafter unt~l paid. This sum of $121. 33 paid each month shall ~ first be credited to interest and the remainder to the principal of this obligation. ~ This note may be prepaid at any time without penal.ty. ~ ~ ~ ~ 1! dr(~+rh E~ nyd~ /e? ---°tiJL---- d~ra tn Hr wY~~ of ~ny imbllm~nt oi m~neopd a~enmt a~nr o+n tM~wf, ~M wAol~ swn rMn r~na~~~np ~ wp~~d wid+ ~nn.~st aM11 N I+olda'~ oprion b~cwn~ dW Md p~Y~bl~ witiqvt naic~. Fa11ur~ ro•¦~rcisf sucA op~ian sAa11 eqe co~ ~w» a w~iwr of tM nyM ti i. b ~a~+ew tM ~n ~M w+ef of wb~~0:wnt d~fwl~. Afea nrrwiry poM princip~l ~nd +tcrwd intM~st shatl b~~r inhrNt Q_.._. p~r cM~wn pe? annum ~ = unril ~d. Th~ n~~lcen w~d ~ndorwn of Mi~ nw~ ivnl»r w~iw drnand. noric~ of nw.paym~nr u+d p~asu. ~f M~i no~~ ~s not p~id at .wunxihr and »N ~ u obpS~wiN~ ~n NMrn~Y IK tolNdw~. NM w~Yw~ ~nd ~ndorwn Mnof prM te P~Y ~t1'ewb ~f""coll~ction. ~ udu+9 ~u cowe cati nd rw~a ~namy fee~. ~ j ; ~ ~'i~.c....Y ~j -L-~r / ~ ~---~1 ~~,~.~.csEA~, ; ~ G ' -~ank W. Lennon ~Y- ~ / -tsEn~) ~T~1~' ,~'i'1~7f:'~~ni~~~"~~.:.:v..~_.--------------------------- -(SFA~) i and ahall duly. promptly and fully pertorm, dixharge, execute, eftect, complttp, comply w~tA and abide by each ~ and everp the stipulations. agreements, cond~tiona and covenanta of said prom~ssory note and of this mortgage. i then this mortgage and the eatate bereby crested shall cease and De nutl ana ~•otd. It ia understood that each oi Lhe vnor~. "note," "mortgagoY' ~?nd "mongagee" respecUvely and the pron- ouns referring thereto, whether in the singular or plural anywhere in thie mortgage, shall be aingular if one only and ~hall be plurnl joinUy snd severally, if more than one, and shall be masculine, feminine and/or neuter, wher- ever the conteat ao implies or admita, , And said Mortgagor !or hlmselt and his heira, legsl representatives, successors snd asslgaa. hereby coven- anta ana agrees to aad with said Mortgagee. hia legal representatives, succeasors and aa9igns: i 1. To pay W aad eingular the principa! and interest and the varioua snd aundry suma of money payable by vtrtue of said pmmiaaory notq and this mortgage~ each and every, promptly on the daya respectively the aame severally become due. i 2. To pay all and ~inguler the tnxes, sssessments, levie,, liabilitiea, obligationa and incumbrances ot every nature and kind now on sa[d described property, and/or that hereatter may be impoaed, suttered, placed, levied ! or assesaed thereupon, and/or that hereafter may be levied or assessed upon this mortgage and/or the indebted- ness secured hereby, each and every, when due and payable acconiing to lsw, before they become delinquent, and before any interesi attaches or any penalty is incutred; and in so far as any thereof is ot record the same ~ ehall be promptly satisfiM and discharged of record and the original otficial document (auch as, for instancq + the tax receipt or the satiafaction paper o[[iciatty endoreed or ceriitied 1 shall be placed 1n the hands o[ aaid Mortgagee within ten days next afte~ payment; and in the event thet any thereof is not ao paid, aati~fied and discharged, said Mortgagee may at any time pay the same or any part thereof v~-iihout wait~ng or aftecting ~ any opt'eoa. lien, equity ot right under or by ~irtuP of this mortgaqe, and the full amount ot each and everq such payntent shall be immediately due and payable and shall bear intecrst trom Lhe date thereot until paid at the rate of ten per centurn per annum and iogether w~th such inLeresi shall be secured by the lien oi thia ' mortgage. ,i 3. To place and continuously keep on the bwld~n~a now or hereatter situate on said land tire and windstorm ir?~urance in the usaal standard poli~y torm, in a sum nM lesa than _~:O _OC~O.. ~ fn auch com• . ~ pany or comp^nics as may be approved by said Alort~a~ce: and all yuch insuraece policies on any of said build- ~ I ing~, any interest therein or part thereof, in the aR~re~ate aum afornsaid or in excess thereot, shall contain Lhe ~ i usual standard mortRagee clause makmR the luc~ ur.der sald polictes, each and every, payable to said Mortga- gee as his interesi may appear, and each and e~~ery sti~•h pol~cy shall be promptly 3eliveced to and held by said ` biortgagee; and, not tesi than ten dapa in ad~•an~e of the expiretion of each policy, to dellver to said Mortga~ee E s renewal thereof, to~ether weth a rece~pt for the premium of xnrh renewal: and there ehe]I be no guch insur- ~ ence placed on any of safd buildinRe, any inEereat therein or part thereof, unle~ in the torm and with the loss ~ payable aa aforesaid; nnd in the e~•ent nny aum of money becomea payable unde~ auch pollcy or policie~ aaid i biori~agec shall ha~•e the option to receive and apply the same on account ot the indebtedneas secured hereby or ! ta F+ermit said Mort a or to receive and use ii or an K K y pArt thereof for other purposes without thereby waiving or impairing any eq~ity, lien or right under or by virtue af this mortgage: and in the event safd Mortgagor ahall for any raasoa tail to keep the said premues so inaurnd, or fail to deHver prompUy any o! aaid policie~ of , lnsursace to sae~ \torcgaRPe, or fail promptly fn pay tully any premium therefor, or in any reepect tafl to per- ' torm, dixcharRe, execute, effect, complete, comply ~a~th and abi~ie by this cor•enant, or ttny part hereol, aaid Mortg- ageP may place and pay for si~ch inaurance or any part thereot with~ut waiving or aftecting any option, lien, ~ equity or nght nnder or by ~•irtue ot thia mort~age, and the full amount of each and every euch payment shall be [mmediately due and papaDle and shaU bear intPrest from the date thereof untll pald at the rate of ten per centuln per annum and tagether" with auch tnterest shall be secured by the Uea oi this mortgage. 4. To permlt, commit or sufter no waste, impairment or deterioration of said property or anq part thereot. 6. To pay all and singular the co~ts, chargea and expenaes, fncluding reasoaaDle lawyer'a feea and coet o! ebatracts ot t1Ue, lncurred or pafd at any time by satd l?iortgagee because andior tn the event ot the fallure on the part ot the said Mortgagor to dulv, prnmptly end tully perforno, dlscharge, ~ecute, etfect, complete. comply arith and abide by each and every the ~tipulatlons, agreements. condiUons and covenants of naid promis- aory note, and this mortgage, any or dther, and said costs, charges and ezpenses. cach and every, shall be 1m- mediately due and paysbte, whether oe not there be notlce, demand, attempt to collect or eult pending: and ths i lLll amount ot each and every such payment shell Desr interest trom the date thercof until patd ~t the nte ot ten per centum pe~ annum; and all safd coeLS, charges aAd ~pease~ ~o incurted or pald, Wgeiher wlth such !n- terest, ~hall be ~ecured by the lien ot Ws mortgage. ~ ~ R 191 643 = eo~K ~ i ~ ~ ~ ti' ~ :g . u ~a' . 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