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Home My WebLink About1453 f % ~-----1'~800.00__ STUART, Flo~ida- ------------.-:1':_.___-------3~----- 19~~_._ ~ FOR VAIUE RKEIVED the unde~signed jointly and severolly, PROMISE TO PAY to the order of.__.______._... ~ ~TEN~1 ~lG~S HAIt=_,_. ~_florida _Bantin~ ~or~ora ~on-------------------------~----------- ; ---~w~lw Thousand .~i _v_~--~~i°-----dr~~~~~._3ad __~Q1~94-_____.____---..-..--_.....poiwRS • . _ - ~ at __~8~00 ~a0li~_~10~1dt--~~ ------------------------------------.--------or such other place as the holder ~ hereof may designate in writing, togethe~ with inierest from dets at the rate of per centum per annum on the unpaid balance until maturity. The said principa) and interest shall be due and payable ~ii i01101~i t =131.8T • soath, tlie iirtt p~y~wnt beina du~ on~ aonth lra~ dat~, ~nd coatinue eaah ~ooZh lher~atter until ~id. TUi• •uo oi ;Ibl.ti~ •aah r~ooth •h~ll lirst be cr~ditod to lat~r~ot and th~ rr~aainder to ths prinai~sl oi ~ thi• obli~tion. Tbi• oot~ sa~ b~ prepsid •t any ti~ ~ithout pewlt~. Thi• oot~ ~ill bs oompletel~ pv?id •ith 1S0 ~onthl~ pay~snt~ oi =151.~7 . unles~ •oooer prspaid. ; 1/ dr/auM b~ n+~ ~er ----._9~ d~yt in M» o+rn~u+f ol any imql4w~nt of wincipal w in~~ w ~nv o+„ +I+Nwf, tM wAot~ swn tAu+ .~ma~n~nq c L~,np~id w~~h inar~s~ sMll ~t Add~r'~ op rion b~co~ dw ~nd p~v~Eb wiN~oiA notic~. failw~ b faN4ff sud~ option ihall no~ utua ~ wa~vN of rhe .~pAt ° ~ ~o ~aercit~ ~M a~en~ in N» ~NM of ~ubap;~nt d~fwlt. Afn~ matwify boN~ princip~l and ~oau~d i~Nrnf sAatl bwr mr~r~sr N~ pN c~n~wn per ~mum ~ ~~nl paid. Th~ m~k~n and ~ndwNn ot Mis noN fwtMr w~w drn~nd. noric+ of non~payen~nt w+d proMSt. If M~i not~ is oot paid ~t mahx~ry ~e~d tM sams ~s pl~pd wiM ~n anwn~y (or oolNctan. tM eM4as ~nd ~rdorwn Mrw( prN b p~y dl toab of oolNction, includw+p NI cowt cosn and nason~bb utomey feea. ~ , (SEAI? ~ J . r~4o~------------- - - - (SEAI) ~ (SEAI) ~ ~ ~ and shal! duly, promptly and fully perform, discharge, execute, effect, complete, comply w~th and abide by each and e~erv the stipulations, agreements, cond?tions and covenants of said promissory note and ot this mortgage. . then thia morigage and the estate hereby created shall cease and be null anu ~~o1d. It is underatood that each of the worda, "note," "mortgagor" and "moirtgagee" respectirely and the oron- oun~ refernng thereto, whether in the singular or plural anywhere in thle mortgage, ahall be singular ff one only and shall be plural joinUy and severally, it more than one, and shall be masculine, feminine and/or neuter, wher- ever the context so implies or admits. And ~aid Mortgagor tor himaelf and his heirs, legal representatives, successora and assigns, hereby rnven- ants ana agrees to and with said Mortgagee, his legal representatives, successors and assigns: ~ 1. To pay all and aingular the principal and intereat and the various and aundry sums o[ money peyable by virtue of said promissory note, and thia mortgage, each and every, promptly on the daya respectively the same aeverally become due. 2. To pay all az?d singular the tsucea, assessments, levies, liabilities, obligations and incumbrances of every ' nature and kind now on said descnbed property, and/or that heteatter may be imposed, auffered, placed, levied or assessed thereupon, and/or that hereatter may be levied or assessed upan this mortgage and:or the indebted- ness secured hereby, each and every, K•hen due and payable according to law, be[ore they become delinquent, and hefore any interest attaches or any penalty is incurred; and in so faz a9 any thereof is oi record ihe same • ; shall be promptly satisfied and discha oed of record and the original official document (such as, for instance, :he tax receipt or the satisfaction paper officially endorsed or certified? shall be placed !n the hand~ of said ; titortgagee within ten days nexi after payment; and in the event tha[ any thereof is not so paid, satisfied and . `s discharged, said 111ortgagee may at any time pay the same or any part thereof w-ithout wai~~ng or atfecting > any opti~n, lien, equity or right under or bp ~•irtue of this mortgage, and the full amount of each and every _ 3 such payment shall be immediately due and payable and shall bear interest from the date thereof until paid a at the rate ot ten per centurn per annum and together w-ith such interest shall be secured by the lien of this = mortgage. C i 3. To place and continuously keep on the buildinga now or hereafter eltuate on said land tire and windstorm ~ ; MaX1Ali11R _ . ~ insurance in the u.~ual standard policy form, in a sum not less than = in such com- ~ pany or comp^~ies as may be approved by said AiorLgn~ce: and all such insurnnce policies on any of said bui~d- ings, any interest therein or part thereof, in the a~~regate sum atoresaid or in excess theteof, 9hall contain the ~ usual siandard mortgagee clause making the loss ur.der said ¢olicies, each and every, payable to said 1ltortga- ~ gee as hie interesi may appear, and each snd e~•erp su~•h policy shall be pmmptly delivered to and held by asid $ biortgagee: and, not less than ten daps in ad~•anre of the expiration of each poiicy, to deliver to sxid l~tortgagee - a rene~~al thereof, together with a receipt for the premium of sa~h renewal; and there ~hall be no such insur- ~ ance placed on any of Qaid buildinRs, any interest therein or part thereof, unless in the form and with the loss ~ payable as aforesaid; and in the et•ent any sum of money become~ payable under such pollcy or policies said ; Morigagee shall ha~•e the option to recei~~e and apply the same on account ot the indebtedneas secured hereby or ~ to permit said Mortgagor to rece3~e and use it or any Fnrt thereot for other pi~rposes without thereby wai~3ng ~ or impairing an~ equity. lien or right under or by ~irtue of this mortgage; and in the e~ent safd Mortgagor shall for any reaso~ fail to keep the said premi~cs so lnsurcd, or fail io deliver promptly any of said policie~ o! ° insurance to sa~d Afortgagee, or fail promptly to pay fiilly any premium therefor, or in any r~spect fail to per- form, discharge, execute, etfect, complete, comply K~th and abide by this covenant, or any part hereoi, said Mortg- °yt agee may place and pay for such insurance or any part thereof without wafving or affecting any option, lien, - equity or right under or by ~~irtue of this mortgage, and the full amount of each and every auch payment shall be immediately due and payable and shsll bear interest from the date thereot unttl paid at the rate of ten per ; centum per annum nnd togeiher with auch interest shall be eecwred by the lien of thls mortgage. 4. To permit, commit or sufter no waete, impairment or deterioration ot sald property or any part thereof. s ` 6. To pay all and singulu the co~ts, chsrges and expenses, Induding reaeonable lawyer's feea and co~t ot ; abatractn ot tiUe, incurred or pald at any ttme by aaid Mortgsgee because and/or in the event of the taflure ; on the part ot the said Mortgagor to duly, promptly and tully pertorm. Qlscharge, ea~ecute, effect, complete, comply with and ablde by each and every the atlpulations, agreements, conditlona and covenants of said promis- ; - wry note, and thia mortgage, any or efther, and ~aid costs, charges and e~cpenaes, each and every, shall be Im- e ~ mediately due and payable, whether or not there be notice, demend, attempt io collect or sult pending: and ths . full amount of each and every such payment shall bear intereat from ths date thereoi unW pald at the rate oi ~ Len per centum per aiuium; and W ssld costa, charges and expense~ ~o lncurred or paid, together wlth such ia- - teres~ ~hall be ~ecured Dy ths llnn oi thi~ mortgage. ~ y~ rBt10X ~ ~K . . _ _ . . _ ' _ : Y . . '~.w ~~v ~ v:._.. ~ . _ _ - . _..r-^..