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4 S . 1?~ ~ STUART, Florida. . . ~ ~ _ _ . . 19.. :
FO E IVED t si a ever I• PROMISE TO PAY to the orde~ of
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at -~~rl~i4~---~41~~..----------- ._._----------._____---._._.M.---- - or such other pla.e as the holder . '
hereof may designate in writing, together wilh inte~est from date at the rate of ~_u4, pe~ centum per annum on the
unpaid balance until maturity. The said p~incipai and interest shall be due and payable ~ ipup~la:
~ ~t~. ?6y iacludiaq int~as~st, aau or b~ors o~s mo~h trom da4~ l,Rreo~, and the~n
~ $1~. ?6, iaaludinq i~sr~st, o~ or bs~ors ~a~ct~ month thsraeitsr cmRil tbe PrinciP~i
~ hae beea patd in iu]l. Faah montt~y pqymad aball be lirst ap~ied ts iater~t
~ at~d t~s b~isnoe t~n appii~d ~o prlncip~. l~sn~s may make such p4ynisa~ in
~ 8,dva~dc~ as tDsy deeir~, without petn~i~y.
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def~~l~ be nudr fa vo d~ys in Nv pay~e~n~ of ~nY insq!'.ment of pinc~psl a u+hns? w any pa~~ tMr~of. ti» wlwl~ sum ~ ~e~na~n~'.q
;,•pa~d v`~M ~nre.„~ shall ~r holdK's np ~~:n b~can~ dw and pay~bl~ w~Mou~ naK~. Fa~lw~ ro••~rc:a~ i~ch opaon sha~i ~ot crosr~r~re a w~~vp of fAa r:qhf
•i. ~o e,erc.~~ tM sa~ My ~var:t of s~bseQ.ient d~lw1~. Alee~ ~natw~ty boM p:inc~pal and ~cawd ~nter~at sMtl bsae .ntae~t at per c~+um per annu~n ~
.nt~~ paid. TM m~?era ~nd e~+dwaers o( tA~s ~of~ lurehx wa~w demaiw~. notic~ ol non-paymtnt ~nd protstir. If th:s nore ~s no~ pa+d at ma*.N~ry ~nd fM sam~ fs ~
O~K~d w~eA an ~rrorney fw collecnan. rM ~ak~.s ~nd «+dorw.• ~weoi a~N to P+Y sll cwn ol cottecuon, inciLdup ~u cowr coia and ~sawnabN attaney tees.
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~ - /s / Fra.nklin Little (SEn~~
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~ COPY /s/ Ma Louise Little
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~ - _ _ _ (SEAi) .
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and ahall duly. promptly and tully per[orm, di~charge, execute, effect, complete, comply wtth and abiile by each ~
and e~ery the stipulaLions, agrcementa, cund~tions and covenants of said prom~saory note and ot this mortgage.
then thia mortgage and the estate hereby crested shall cease and be null ana vofd. ~
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It is under9tood that each ot the woni.e. "aote; '"mortgagor" snd "mottgagee" respectirely and the omn- !
ouns referring thereta whether in the aingular or plural anywhere in thts mortgage, shall be singular !t one only
and ~i~all be plurnl jointly and severally. if more than one, and shall be ma.9culine, feminine andlor neuter~ wher- _
e~•er the oonteat ao implies or admits.
And aaid Mortgagor for himself and hi~ heirs, legal representatir•ea, successora and e~ssigns. hereby covea-
ants ano agreea to and with said Mortgagee. hia legal repreaentativea, successors and asslgaa:
1. To pay W aad aingular the principat and intereat and the varlow and eundry sums of money psyable by
virtue vt said prnmissory note. and this mortgage. each and e~ery. prompUy on the daya respec4vely the asme z
sevtraUy become due. i
2. To pay all and singular the twces, asses.4ments, leviea, liaDilities, ob:?gation~ and incumbrances of ever~ ~
~ nature and kind now on said described property, and/or that hereafter may be im~ed, auffered, placed, levied
, or asgeeased thereupon, and/or that hereafter may be levied or assesaed upon this mortgage and%or the indebted-
ness secured hereby, each and e~ery, v?hen due and payablt according to%law, be[ore ihey become delinquent~
and before any interest attaches or any penaliy is in: urred; and in so faz a~ any thereoi ia ot record the same ~
shall be prumpily satisiied and discharged of record and the original othcial document (such as, tor in9tance.
:.he tax receipt or the satiafaction paper officially endorsed or certitied 1 shall be placed tn the hands ~t s~id
~ Mortgagee v~'ithin ten days nezt after payment; and in the event that any thcreof is not ao paid, satisfied and - _
dischargcd, said Afortgagee may at any time pay the same or any part thereof n~thout wai~Zng or affecting '
any option, lien, equity or right under or by ~•~rtue of this mortgage, and the full amouat of each and every
such payment shall be immediately due and ~ayab7e and shall bear interest from the date thereof until paid
at the rate oi ten per centum per annum and together w~th such interest ~hall be aecured by the lien af this
mortgage.
f 3. To place and continuously keep on the buildin~a now or hereafter aituate on said land flre and windstorm
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[ insurance in the ~4ua1 standarA ~?olicy [orrn, in a sum not less than i-..---.-~----._...~---------------------•---...--•-•--• com-
pany or com~^nics as may be approved by said 1?~~rtga~ce; and all such insurance policie~ on any of stud build-
ing~, any interest therein or part theceof, in the a~gregate aum atore3sid or in exceas thereof, shall cc+ntain the
usual siandard mortgagee clause making the los~ ur.der said policiea, each and every, payable to seid 1?tortgar
gee as his intere3t may appear, and each ar.d e~~erp su~•h policy shall be promptly deli~ ered to and held by esid
1?fortgagee; and, not less than ten days in adrance of the expiration of each poficy, to deliver to s+tid Atortgagee
s renew•al thereof. toqether w-ith a receipt fnr the premium of vu~h renewal: and there ~hall be no such insur• i
ance placed on arty of oaid buildings, any interest therein or part thereo[, unlesa in the form and with the loss ~
patiable as aforesaid; and in the erent any sum of money becomes payable under ~uch pollcy or policira said `
MortRagee shall ha~•e the option to receive and apply the same on account ot the indebtedness secured hereby or
to permit said ~fortgagor to recei~e and use lt or any pxrt thereof for other purposes arithout thereby waiving
~ or impairing any equity. Ilen or r.Rht under or by ~ irtue o[ thi~ mortgage: and in the event sald Mortgagor ahall
~ for ary reason [ail to keep the said premie~s so lnsurnd, or tail to deliver promptly any of said policiea ot
insurance te said Dtortgaqee. or fail promptly to pay fally any premium therefor, or in any respect fail to per-
~ torrr, discharge, execute, ef[ect, eomplete, comply w~th and abide by thia covenant, or an) part herea[, ~d btorig-
ageP may place and pay [or auch inaurance or any part thereof without vraiving or a[[teting any optien, lien.
equity ~r rght under or by virtue of thia mortqage, and the fuU amount of each and every euch payment shaII
be fmmediately due and payable nnd shsll bear intPrest from the date thereof untfl paid at the rate of ten per
~ crntulr: per annum and together with auch interest ahall be secured Dy the Len ot Ws mort~*age.
To pernnft, commit or autfer no waste, impairment ~r deterlorsUon ot safd property or anq part thereol.
6. To pay all and singular the c~ts, charqea a:~d eapense~, incIuding reasoneDle lawyee'a fee~ and cwt o[
abstracts o[ tlUe, Incurred or paid at any Lfine by sald Mortgsgee because and/or tn the svent of the fallura
on the part ot the aaid Mortgsqor to duly, promptly and tully perform, dLcherge. e:ecute, etteM. completey
comply wlth and abtde by each and every the aUpulaUons, agreements, conditk,ns and rnvenanb of saiA promia-
sory note. and thls mortgage, any or either, and aald coaU. chargd and eupetues. each and every, shtll be Im-
mediately due and peyable, whether or not there be notice, demand, attempt to coliect or ault pen~ing: ~nd ths
!Wl amount ct each arui every ruch payment shall besr intere~t irom ths dste Wereof uatll pald at tAe nte o!
ten per centum per annum; and W safd oosb, chargea aad e:pen~ss w Incue'red or w.:d. Wgether wlth sucb !n-
tesat, ~hall M~a.~ured by ths ltea of thli mortgagr.
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