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Home My WebLink About2931 1 . - ~93~._ ; w~ 10 000.00 STUART, Florida. ~ a--------i----~__~____ ~ FOR VALUE RKEIVEO, the undersigned, jantly and severally, PROMISE TO PAY to the orde~ of._________.____ ~ _~~y s klno_~Cpl'~]n~Y ~ l.3oII_----------------------------------------- ! ` ~ - - UARS, eA '1'~b011atT1a ~1'1d 110 OO~ ~ ~ ~ ~ ~ ~ ~ ~ - - ~ ~ - - - - - ~ ~ - - ~ DO ' ' ~ - ~ at ---------Jenssn Aeach~ F~o~ or such other place as the ho er ; centum r annum on the ~ ; hereof may designate in writing, together with interest from date at the rate of pe: pe ; ~ unpaid balance until maturiry. The said principal and interest sh~fl be due and payable ~118,71 a rnnth~ the firat Pay~sen~ being dus orie rn~h fror+ date~ and co~nLim~e for each nanth there:iter umtil paid. ".'hia aur of ~118.71 ~ paid sach n+onth atu~ll firet be aredited to intereat and the rer~aindea~ to the orindpal o~ thie obliqation. Thia note ~rill ~e oo~lstely paid With 120 month~j payments Qf *118.71 unleas aoa?ar vrepaid. 1'his note ~y be prepaid at aYq? tiue ~?ithout penalt~. If defwM E~ md~ far d~ri in tAe Wri^~^~ ~ M1I instaWa~nt of P~~O+~ or inbe~st or +rW O+<< Nw~of, tM whob swn 1Mn t~in:nq ~np~id wiM+ iMerest sMlt at hold~r's c~ wn b~twM du~ +~d WY+ay witho~A naio~. F+~~vf to •a~rus~ ~~d+ opna^ ah+ll not IvN • w~ivu of tM ~qht .L to ua~c~s~ tM sa'ne ~n dr ~v+nt d suba~+~nt defwH. Aher ~~un^r boM w:ncipal and ~onwd inw~at ~lylt bwr i~tar~st ~t PM c~ntwn Per amum „~f~l paid_ TM m~t~rs and «dws~rs of fhis na~ f~wtlrr wwvt d~nwd. notic+ of ~«+d if ~A:s noN is na Wid ~t manwity and the sam~ is • plac~d with an aMwmY iw cdMction. Nr m~trs ~nd ~ndws~rs Mrwf apr» to p ol b of ool all caxt ooab ~nd rwson~bl~ atwm~y fMS. ~ • ~ ----------------------------~SE/e1~~ ~ .O . - - (SEAI) 1 ~ --------(SEAL) - and shail duly, Fremptly and fully pertorm, dischargq execute, effect, completr, comply with and abide by each and e~~en the stipulations, agreements, condit~~n~ and covenants of said pr~missory note and of this mortgage. then thia mortgage and the eatate hereby created shall cea~e and be ntill and vozd. It ia understood that eacD ot the wonis. "note." "mortgagor" and "mortgagee" respectively and the oron- ouns referring therei0. whether in the singular or plural anywhere in thls mortgage, ahall be singular it one only and ahall be plural jointly and severally, it more than on~ and shall be ma.sculine, feminine and/or neuter. wher- e~er the rnntext ao impl?es or admits. Md said Mortgagor for himself and his heira, legal representativea, succea9ora snd asslgns. hereby ooven- aats ana agrew to and with aaid Mortgagee, hia legal zepreaencativea, successo~ and aasigns: 1. To pay all and aingular the principal and internst wd i6e various and aundry sums ot money psyable br I virtue of said pmmissory note. and this mortgage. each and every. prompily oa the days respectively the same , severally become due. _ E ' 2_ To pay all and sin8ular the taxes, as9essments, levie~, liabilitie~, obligatiotu and incumbrance~ of every ! I nature and kind now on said dexnbed property, and/or that hereatier may be imposed. suffered, placed, levied ~ or assesszd thereupon, andior :hat hereafter may be levied or assessed upon this mortgage and;or the indebted- _ ness secured hereby, each and erery, rrhen due and payable according to law, betore they become delinquent, and before any interest attaches or any penalty is incurred; and in so far aa any ihereoi is ot record the same shall be pn~mpUy satisfied and discharged of record and the original off~cial document (such as. tor instance. , t.he tax receipt or the satisfaction paper officially endorsed or certified? shall be placed in the hands of said J~iortgagee v~ithin ten da~s next after paycnent; and jn the event that any thereof is noi ,o paid, satisfied and discharged, said 1lfortgagee may at any time pay the same or any part thereof w'ithout wai~~ng or affecting any opii~n, lien, equity or right under or b~ ~-irtuP of this mortgage, and the full amount of each and everq such pa~ment shall be immediately due and payab:e and shall bear interest [rom the date thereof u??til paid at the rate of ten per centurn per annum and tagether with such interest ~hall be secured by the lien oi this mortgage. 3. To place and continuously keep on the buildm~a now on c~. eafter aituate on said land fire and windstorm insurance in the u.Qual standard policy torm, in a sum nM less than ;.-.-----.~~X~CIWl1----------•--...•-.---•--• fn such com- Fany or compn a:es as may be approeed by said 11ort~a~ce: and all such insurance policies on any of said build- ing~, any interest therein or part thereof, in the a~~reRate sum atoresaid or in excess thereof, shell contain the usual siandard mort~agee cisuse makmg the 1~~~ ~r.der said policiea, each and every, pa}able to said 1?tortga- gee as his interest may appear, and each sr.d e~•e:y su~•h policy shall be promptly delivered to and held by eaid 1?iortgagee: and not less than ten days in adrance of the expiration o[ each poGcy, to deliver to snid btortgagee s rene:ral thereof, toqether v~-ith a receipt tor thp premium of .uvh renewwl- and there shall be no such insur- ance placed on an} o[ Qaid buildinR~, any interest therein or nart thereo[, unless in the form and with ihe Icwss pa~able as a`oresaid; and in the e~ent any aum of money become~ payable under ~uch pollcy or policiea said MortKaRee shal! ha~•e Ehe option to recei~e and appl_r- the same on account of the indebtedne~ secured hereby or S to perniit ~a.d '.Kortqa~or to recei~e and use it or any ~art thereot for other purpo~e.v a*ithout thereby waiving ' or impairing anp equity, lien or r.ght under or by ~irtue of this mortgsge: and in the efent said Mortgagor shall ~ f~r ar.y reasoa tai! to keep the ~aid premisPS s~ iaQurrd, or fail to dell~er prompJy any of said policiea oi insurance to sard ~Lnrtga~ee, or fail prompUv to ~~v ttiily any premium therefor, or in any respect [ail to per- ~ form, d~schar~e, execuLe. etfec~ complete, comply u-ith and abide bv this covenant, or any part hereof, aaid 111ortg- aRer may pla~~e snd pa~ tor such in~urance or any part thereof without waiving or a[fecUng any option, lien, ~ equity or nqht under or by ~ irtue ot thi~ mortgage, and ihe full arriount af each and every such pt~yTnent shaU ~ be immediately clue and pa~•able and shall bear in?.•resi from the date thereot untll paid at the rate of ten per ~ centum per annum and together with such fntereat ahall be secured Dy Ne lien of thle mottga~Le• 4. To permlt, commit or aufter no vraate, Impairmeat or detertoration ot aatd property or any psrt ihereo!• ~ b. To pay all and singular the coets, cha~qes and expenxa, induding reasoneble lawyers fees and cwt of ~ abatracta o[ tfUe, fncurred or paid at any tlme by sald Mortgagee because and/or !n the svent ot the tallure - on the part of the said Mortgagor to duly, promptly aad [ully perform, discharge, e:ecute, effect, complete. ~ complr with and abide by cach ar.d every the stlpulations, agreements, condiUons and oovenanb ot said promL- ~ sory note, and thls mortgage, nny or elther, and safd cwts, chargea and expensei, each aad every. ~hall bs Im- mediately due and payable, whether or not thee+e be notice, demaad, attempt to rnllect or sult pending• and ths ~ full amount of each and every such payment ahsll bear interest trom ths 0ate thereof unW pafd at the nte at ~ tea per centum per annum: and all ~afd cwta, chergei and ~cpeoss~ ao lncurred or patd. togethet arltb ~uc~ tn- terat, sha11 bs ~ecured bp ths ltea ot Ws mortgsge. ~ ~ Q~ ~OIM ~VZ ~nV'f~V ~ , . ~ - ~ ~ _ , . . _ : . - - __r. : _ _ $