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HomeMy WebLinkAbout1512 ~ •:h'k ~ a. 23 s00(1~ 00. _ STUART, Florids, /z7. v~'J r~ 19_~~. FOR VAIiIE RECEIVED, the undersignecl, joint! and severally, PROMISE TO PAY to the order of._.._._. ' ~:ACH B~.'38..---$--.F14x1~a..~aokin,~_.~Q~R~r~.Li~A--------- - - ~ n~ _ _ . _ _ ~ ---1'Qir~~~Tt~us~nd._~nsl__n4114Q~_.._ -_-r__-_. - - - - - - - - - - ~o~wRS, - - ~ at .1e,oaan _A~.n.ch...._llarida__._.____._________ _ __..__.or such othe~ place as the holder - - _ ~ hereof may designate in writing, togethe. with interest f~om date at the rate of per centum per annum on the ~ unpaid balance until maturity. The said principal ancl interest shall be due and payable +;154.3Z • aont6, the iirst pu~ent b~lag ~ue one •onth tro~ dats, and coatiaue ior eRCh month theroa~ter until pnid. 4'his sum ot s154.39 paid e~ah •oath aha21 iiret bs credited to interest and the rea~indsr to the priuoipal of tb~e ot~llgeLion. This noto ~ill ae caogletely p~id ~ith 1Z0 ~onthl~ ps~ns~tr o! ~1:~.32 unleae sooner prep~~d. Thie note ~r~a~ bs pr~p~id •t s~ny tLee without penalty. ~ 11 delwl~ b~ rn~d~ !or r f7 d~ri M M» wY^~~ o! ~nY imb~n~n1 of O~ine~p~l a i~N~~sr a any qn Nwwf. ~M wAol~ swn dwn r~ma~n:eq .L ~npa~d w~M .~,nrnt M+all M Aotdu's cp ~;on b~conr dw ar~d oar~bN w~Mouf nwic~. falw~ M~:~rc~s~ s+.cA op~:an sball ror cw~ ~h • w~.ve~ o( Me ~~qAt ~ ~o •,KC:s~ ~M sa~ ~n Ny ~v~nt d tvbap~nr d~fwl?. Afr~r ~~ih bpN~ pincip~l and ~cuwd inqrpt aMll bea ~nre~~tr ~1 l p~r c~nrww pM annu.~+ pa~d. fM ~kers ~nd ~~don~n oi Mis ~on fwM~r w~~w dnn~nd. rwfitr of ~wn.paywNn~ and pot~u. If ?h~s noH is pa:d a rnan.r~r~ ~nd ~M saen~ ~s p~~c~d w~M ~n ~rpre»y for eWhenon. Nw nwk~.~ ~nd ~ndorNri A~?~pf prN p O~ ~11 epM ol ~.on, all c t cosh and ~easwybM ~no.n~y f.es. L~"~'-R- ' • ~ ~ c l " - (SEAI) ; ~'~.___a ~ A~1-- - - - - ~ < C : ""'--"'*'r"'-"•"•-.'-----"'---".--' ~J~l~ ~ ~ \S~l~ ti and shall duly, promptly and fully perform, discharge, execute, effect, complet~, rOR1~1IV wiU? and ab~de by each and every ihe stipu:ations, agreements, cond?tiusis and covenants of stud prom~ssory note and ot ttu~ mortgage. then th?s mortgage and the es,ate hereby ceeated shsll cease and be null and ~-otd. . • It ~s understonA thst each ot the Kords. "note." "mortgagur" and "mongagee" mspecti~•ely and the oron- ouns refernng thereto. K•hether in the sin~;ular or plural anyvvhere in thls mortgage, shnll be ~ingular i[ one only and shall be plurnl juintf~ and se~erall~, it mure than one, and shall be mnsculine, fertunine and. or neuter, vvher- e~•er the con:ext ao impl~c~ or admits. And ssiu riortgagor for himself and his heirs, tegal representsti~•es, successor~ and sssigr~, hereby rnvea- anL~ ana agrees to and Kzth aaid I?tortgagee, his lega! reprrsentat~ves, sucressors and assigns: 1_ To pay al1 and singular the principat and intere~t and the various and sundry sums of money payable by virtue o[ said prorrussory note, and this mortgage, each and every, pmmpUy on the day~ respectively the same severaIty become due. 2. To paS sil and singular the trtxe~, assessments, le~•~es. :iabilit:es, obliqat~on~ and incumDrance~ of e~ecq nature and kznd nou on said descnbed property, and•or that hercatter may be imposed, auffere~, placed, leatied or asse3sed thereupon, and, or that hereatter may be fe~•ied or ass~~c4ed upun this mortgaqe and 'or Che inaebted- ne_SS secured hereby, each and e~~ert•, H•hen due a,~~i ~•ayaeie acconling to law, before they become deLnquent, and brfor~ an~ interest at[arhes or any penalty ia ii;cu~rr~i; and ~n so far as an~ thereof i~ o[ tecord the same ~ha!1 be promptty sattsfied arid dtscharee~! ot record and the on~nal ott~c~al d~xument 1~uch as, for instance. thr tax receipt er :he satistact:on paper ofhcially emior~ or certif~ed? shall be placed !n the ht~nd~ o[ said ~tort¢a~ee w~thin ten dAY9 neat after payment; and in the e~ent that any thereof ~s not so gaid, saiisfeed and diccharRe+l, sa~d 111~:rtRaGee may at any time pay the same or anv part there~f Nithout wai~-ing or attect~ng ant ~pti~n, licn. equi,~ or r~ght undcr or b~• ~-~r,;~P of th:s mortgage, and the full amount of each and every su~h pa~•:nent chalt be immeciiately dur an~i ~~a~;~D:e an.i shall bear intems: from ihP (1RI! thereot until pald at the ra:e of trn per c.•nturn per annum and t~~~rth~~r ~.~th snch ~ntere~t shall De secureci by the lien ot th~s mortkage. 3. To place and continanusly kePp on the bu:ld~n:;s nnw or herrafter situate un said 2and [irr and u~indstorm insvrar.ce in the u~ual standard ~~li~~~ form, in a cur.i nnt less thttn Z ~aX~~~ . , 1n such corn- panr or r~~m, :::••s ss n~ar be appcm-ed b} ~.~:d ~tort;;a;r,•e: umi sil suc-h insur~an.-e ~lictes on any of 9Altj DL:Id- inR~. any intrres: the-c~n or part thereo[, in the a~~rr~:ite sum aforP+asd ar ?n excess thereof, ahell contain the usual s:an~lar.1 m..rt~;a~ee ~lausc- niak~n~ the 1.~.9 ur.~irr 9:tid policirs, each and e~~er~, payabte to sa~d Jtnrtga- ~ee as h~s interes; ma}• gppear, an.i rxch ar.~! ~•.•~~r~• h~~Lc~ ~hall be prnmptl~ deli~•erM to and held by sa~d ~for!~aaee; and, nnt less than ten da~•s in ndran~ e of the rapirattnn of eact? ~licy, to del~ver to swid ~tort~a~ee a rehP~~•sI ther. •~t. tnQether K•ith a rece3pt f~~r fhe prPm~um nf s~t••h r~n~~ra1- n,~~ thrre ~hal1 be no such ins.sr- F!~~+~pd ~+n Nn~' ~~t ~aid buildin};~. an}• inL~~fc3t thPrein or part ther~-of, unles~ in the torm and w~th the I~~t pa:•abte as afuresai~:: and in the e~'Pnt an~ sum of m~mey b~rumes {~hVAt/IP under such ~~licy or poliriea sa~d ~1~,: t~a~ep ;halt ha~•r ihe ~~pii.~n to rrce:~~~ and ~~?v i~e s9m~• ~~n arcount of the ~ndeDtednes~ serured hereby or tn nPrniit a.~.d ~inrt~A~or to r.~reiv.~ an.3 ~:~e it or an~ F~art there~t tor other purro~e~ vv~thout thereb~ a•n?~-ing or imnair.n~ anr equ:t~. lien nr r.~ht under ~~r ~y c-Irtue of tt::~ m~~rtKa~e; and ~n the e?'ent sald MnrtKaKor shall for ar:p rra=~~ in kPFp the ~a:~l pr~rn:~rs sn in=ur~•4. ar fail to de3i~pr promptly 8n~• of sa~d po4r~ea ot ins+ir3nrP t., S.il~: linr'~1j,'rP. f.~ fA3I ~TOIi1~U~ ~~.~t• ttil!y any prem;um thcrefor, or ~n eu?y respect lsil to per- form. ~~~~char~~. rxF~•air, ~ffert, complPtr, romply ~~~th and ahi.f~~ b~ this ro~•enant, or nny part hereM, ~a~d ~Sorig- are~• n;a_r• plarc~ anti t~a~ (or surh inaurrnce or rusy Fart ttirre~f «~~th~ut a•ai~•in~ or atfertin~ any op:inn. ]~Pn, equ~t~ or r.Rht u~dc~r ru b~• ~~irtue u! th~s mort~a~r, ar,~; thr fu11 za~o~mt of ra~~h and eren such pnyment ahall be immed~atefy dur ami pa~•able rtnd sFsll bPar ~ntPre~t from the date thereo[ unt11 paid at the rate ot ten per centum per annum xnd toRether kith ~uch interest ~hall be aecurcd by the Uen o[ this mortgaRe. 1_ To permlt, comm~t or sutfer no a•aate. ~m+ ai~ment or deterloretfon of ~aid propcrty or eny part thereof. b. To pay a11 and sin~ulsr the cost~, charRe~ and e~prn9es, includinR rea±onable~iav?~er's feea and coat of aDstract~ ot titl~. lncurred or paid at any time by ~aid Mnrtgagee becau~e and'or tn Lhe eeent of the fallure on the part ot tha said :?iortgagor to dul~, promptl•r and lully perform, Af~charge, exrcute, effcct, complete. comply w~th and abfde by each and ev~ry the ~tipuiat~ons, agreements. condiUons and covenants of suid promis- ~ory note, nnd tAl~ mortRage, eny or elther, and snld cc~sts, chargea and e~cpenses, each and every, shall be :m- medlately due and payable, whether or not there be not~ce, demand, attempt to colkct or a+uit pending: and Che ltill nmount ot eacA and every auch pnvment shatl besi intesert from the dats theteot untll pald at the rste o! ten per centum per utnum: and all eafd coete, charqes anA eapense~ w incure~ed or pald, together vrtth ~uch ia- terest, ~hat1 be secured by the ttea of Ws mortgage. ~~°r194 1511 ~