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Home My WebLink About2648 s-- ~8~~~ ~ STtJART, Florida. ~rad.------Y. 19._Z1_ _ - - FOR VAWE RECEIVED, the undersigned, jointly and seve?ally, PROMISE TO PAY to the order of.__..,._. -..a.-~LD~1da_HtIIk1II~. _L'n~c'ppr~Linn---------------------------------------- ~ _~nd~o~1.~D!----------------------~--------~oo~wRs _ , at .-----------------------_--------._._,_.__or such other place as the holder ~ hereof may designate in w~iting, together with inte~est from dste at the rate of per tentum pe~ annum on the unpaid bslance until maturity. The said principal and interest shall be due a~d payab(e t/ ~O110N t ~18.3~ a~oalti, th~ lir~t pa~unt b~in~ du~ oao ~nt6 lra~ d~t~~ ~nd co0tiaw •ach a~antti th~r~a~t~r nntil paid. T~i~ oi ~l19.90 ~ach ~onth •h~ll iir~t b~ cr~dit~d to lot~rwt and tb~ r~a~lad~r to tb~ priaaipal ot t61s obliption.. Thia aot• b~ pr~p~id •t a~ tia~ ~thout s~alt~. , Thi~ oot~ vill b~ aarpl~t~l~ paid •ith 1!~ ~oatdl~ p~.~~ts ot ~1a.9~ ual~ soon~r prr~id, ~ ~ If dNwM b~ fa $Q daqt in fl» WYnrn/ d~nY intt~Nn~~nt ol Wincipal w in»nat w+ntr a+n N~wf. ~M whol~ w~n drn r~~n~nq w~p~id wid+ tnw~s~ sA~tl ~t Aoki~r's op ~ion E~can~ du~ ~nd p~Y~pl~ wiMqrl oWic~. h~lw~ ro~a~rc~N such opKOn ahau not con~yv?~ • ws.ver ol eM .~qhr ~ ro•,pc~w t1» s~ ~n ~M N«q uf ~ubsp~,HM d~faulr. Ah~r nweurify boM p;n~;p~l ~nd ~ccrwd inNrat Jyll b~a. ~nhr~st . p p~r cMewn p~r annu~n ~ ~n~~l p+id. TA~ mat~rs ~nd «+dor~ws o~ Hus ~ob fvrM+M w~iv~ d~nd, notia of non~p~yiw~nr snd P~oh~t. If M:s nor~ .s nof w+d N enaew.ry and ~M sa~ ii ~ pl~cyd w~M ~n ~trornry fw cplNctip~. Mr nw?~n ~nd ~nda~ I~rp{ prN ~ P~y all cosfs of colNttion. iaclvd~n9 •11 caxt cwy ~nd rwwMbN ararney fee~. ~5~~~ nn ~5~. ~o-stiiuo~ _ csEn~~ " = - tsEn~~ end ahall duly, promptly and fully perform, diacharge, execute, etfect, complete, comply w~t1~ and ebide Dy each and e~•ery the stipulationa, agreementa. conditions and covenants of said promiswry note and of this mortgage. then this diortgage and the estste hereby created ahall ceaee and be ciuU and void ~ It i~ understood that each of the worda, "note." "mortgagor'• and "mortgagee" respecti~ely and the oron- ~ oun~ referring theret0. whether in the singular or plural anywhere in this mortgage, ahall be aingulac if one only ~ and ahatl be plurnl JoinUy and aeverslly, ii more than on~ and shatl be maaculine, teminine and/or neuter, wher- ever the context ao impliea or admits. ~ And uid Mortgagor for himeelf and hia he3rs, legal repreaentati~ea, successors and asalg~, hereby coven- ~ anta gna agree~ to and with said Mortgagee~ his legal representatives, successor~ and aseigna: ~ 1. To pay W and singular the prlncipal and Interest aad the vatious and sundry auma o[ money psyable D~ ~ virtne of eaid promiseory note, and Wis mortgage. each and every, prompUy on tRe dnya respectlvely the same eeveraDy become due. ; 2. To pay all and singular the taxe~, asneasmenW, leviea, liabilitiea, obllgation~ and incumbrar?ces ot every nature and kind now on said descnbed property, and/or that Aereafter may be lmposed, sufter~ed, placed, levied or assesaed thereupon, and/or that nereafter may be levied or assessed upon this mortgage andior the indebted- ness secured hereby, each and every, when due and payable according to law, before they become delinquent, and before any intere9t attaches or any penalty is incurred; and in so far a~ any thereof in ot record ihe same shall be pn~mptly satisiied and discharged of record and the origina! ofticial document (auch aa, for instance. ~ :he tax receipt or the satiafaction paper officially endorsed or ceKitied ~ ahall be placed !n the hand~ of said ~ \+[ortgagee within ten days next after payment; and in the event that any thereot is not ao paid, satiafied and ~ discharged, said Aiortgagee may at any time pay the same or any part thereof w-ithout wai~zng or atfecting ~ any opiiDn, lien, eQuity or right under or by ~•irtue of this mortgage, and the full amount oi each and eaery ~ such payment shall be immediately due and payable and shall bear internst from the dxte thereot until pald 8t the rate ot ten per centum per annum and together with sach interest ~hall be secured by the lien of this ~ mortgage. - S. To place and contu?uously keep on the bu~ldin~a now or hereafter aituata on said land tire and w*fndstorm inaurance in the ~Qual sLandard policy lorm, in s sum not lese than ~1?L1D1lliD in auch com- ` pany or compr ~:es as may be approved by said 1?tortga~ee: and aU such insurance policie~ on any of said build- - ings, any intereat therein or part thereof, in the a~~regate aum aforesaid or in excess thereaf, ahall conta+n the usual siandard mortgagee clause making the loss ur,der said policie~, each and every•, payable to aaid I?tortga- { gee as hia inierest may appear, and each ar,d e~•ery su~•h policy ahall be pmmptly delivered to and heid bp eaid l~fortgegee; and, not less than ten dava in ad~~anee ot ihe expiration ot each policy, to del3ver to axid I?tortgaRee a renewal thereof, together with a receipt tor the premium ot AIIC~I renewal; and there ahnl! be no auch insur- ' ance placed on any of Qaid buildin~, any interest therein or part thereof, unles~ in the tornt and with the loss payable as aforesaid; and in the e~ent any sum ot money becomes payable under such pollcy or policie~ stud Mort~;aRee ahall ha~•e the option to receive and apply the same on account of the lndebtedneas aecured hereby or to perniit said ~iortgagor to recei~•e and u`e !t or nny pari Lhereot tor oiher purpo~es without thereby waiving or impajring an3 equity, lien nr right under or by ~irtue of thi~ mortgage; and in the e~ent said Mortgagor ahall tor any reason fail to keep Lhe said prem~~es ao inQUrcd, or fail to deliver promptly anv ot aaid policiea of insurance to sa~d ~iortgagce, or fail prompUy to pa~ fully any premium therefor, or in any reapect tail to per- lorm, d?acharge, eaecute, etfect, complete, comply with and abide by this covensnt, or an3 part hereot, aaid biortg- agee may place and pay tor such ~n.urance or any pert thereof without walving or attectlng any option, li~n, equity or right under or by virtue ot this mortgage, and the full arnoi~nt of each and every such payment shaD be immediately due and pa}•abte and ahall bear intPrest from the date thereof untll pald at the tate ot ten per centum F?er annum nnd together wlth such intereat shell be secured by the lien ot thf~ mortgage. - 4. To perniit, commit or sufter no waste, impairment or deterionUoa of said property or any part thereol. b. To pay aIl and singular the coote, ct~argea and expenxa, including reasonable lawye~~ fces and cost ot aDetracts o! tiqe, lncurred or paid at any ttme by sald Mortgsgee because ~ndior in the event of the taqurs on the part of the satd Mortgagor to du1y, promptty and Nlly pertorm. discharge, esecute, etfect, complete„ comply vrith and ablde by eacb and every the stfpulations, agreement~. cflndiUons and oovenanb of saicl promis- sory note. and thls mortgage, anq or elther, and safd coata, charge~ and espensea, eitch and every, shall be Im- medlately due and payable. whether or not there be notice, demand, attempt to collect or sult pending: and th~ ltill amount ot each and every such payment shall bear intere~t from the dab tDereot unW pafd at the race at tea par centum per annum: and sll satd coats. eharge~ and e~[pea,~ ~0 lncun~sd or palQ toseth~r wlth ~ucb in- tsre~t, ~hW bs ~ecured bp tDs liea of thfi mortgage. 5JR'!1~71 ~V~