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Home My WebLink About1307 . ~ ~ _ ~~i~'i ~ i?W?L4~i4~i4Si~i4Si~.~i~i~i44~i~i~rL~+~r~i~i~i~i4~i~i~i4~i~i~i~r~i~i~i4~i~i~.~i~i~iS.~i~i~i~iS?~i~i~iti~i~i`~•~~i~i'i~i~i1?S?1?~i~? # ~ S SS.1B1.43______ stuart, Florida Juna t9)1 FOR VALUE RECEIVEO, tM und~ni~n~d. ioietiy aed s~v~raliy, PROMISE TO PAY to th~ oni~~ of ~~~~C.. ~~~_~TR.------------ - . _ ~ - - - - ? ~.~F~-~~Y~...THQUS~B~ID__9~fi__~IU~iDRTD SZGii~'IC-Q~_1!~_.43l1Q0 ,~..4~,•,•~.M•~.... Do~u?RS, ` ~ ch h~r pl 1~ dsr at - _ . - ~ - - - . or w ot ac~ as t • hol h~nof rnar d~si~esl~ in w~itinp top~th~r w3tl+_ int~~st from _JNrit . - . 19.?1 . . _ _ . . at th~ raN of _--.5!_Y_Qn.____ pK t~ntum pK ~enwn on th~ uopaid balanct until msturity. Th~ said prindpal and int~nst shall ~ b~ dw aed payabl~ as Mllows: In lour annual inatalln~ents of 511,036.28, plus int~rest~i then due, and a linal inatallment of 511, 036.31, lus int~r~it then due; said 4 ~ annual inatallments to beqin on~ ysar from June 1Q71, and continuinq on ~ ths aame day of •ach year as afor~sai~, until th~ principal and intereat are ~fully paid~ Each paym~n~ ahall b• appli~d first to th~ paym~nt o~ int~reat ~on Lhe unpaid balancs, then to tha payaiant of principal. : - ~ : ti N d~f~rN 1» w~~ fM days iw ~h.'aya~.w~ •F wy iwst~N~w~ ef ~?i~tip~l w iwl~eNt ~t ~wr y~t IM~f. IM ~rA~b swM N»w eawaiwiq ~ v~pai~ wiN~ iwh~+u Jup at MWK's hN~w ?~ceww dw par~bb vritMnl wotid. F+iWr~ h~:~rciN svch ~ti~w shaq wo~ cows„hrh w~iwr ei 1M S c ~ riyAt N~~reiN da saw~ i~ M+ ~~+t ~1's~WNwwt b(~~M. Ah~r ~wa~wilp beN~ p~eip~l ~wd aeeewd iwhh~t thaN ?~a? iwNns~ N p~r e~wlww ~ p•r awww~ vwhl pNi. Tb ~k~n ~wd~~~s ~f fl~is weh fv~M~ waiw d~a~a,.d. wNic~ ef . Mw?+yw»wt ~wd p?eN~~. If Na w~N is wst oai~ ~ ~a~wi1~ ~w~ Nw ~a~ i~ ~I~c~i vraM ~w atfeew~r fer e~lbetaw. Me w+k~es Mi ~w~sers MeNf te 'ar ~M eesM ef e~ll~eti~w, iseFr~iq dl e~wf ~ ~ The pri~ vileqe o~ - makinq paym~nta in advunce of the du~ datse without ; ~ penalty, after January 1, 1972, is r~tuined by the mak~r. ~ _ ` . ~ : ~/~20E~ ~,2 L. ~ or~FoL c~ ~s~?~~ ; RO~3EI~- L-~ ~-'T~FF~ObT, as Truatev . ; " (SEA~) • . - - - _ ~ - ~ - - - - (SEAU : ~ - - • ~~i!i~i~i'~~4~i'~'fi.~-?~~'~i4~4-'~i~ifi4'~l~i~l~ifi4~i~i~i~i~i~i4~i~i~i~i~i~i~i~i~i~i~~~+~~+b~i~i~i~i~i~i~i~i~i~i~i~i~i~i~i~i~i~i~i~i~i~i~i~i~s~i4~i~i~i~i~ifi~i~i~i~i~i~'i~i~i~i+i - and shall duly. promptly and tlilly pertorm, dincharge, execute, effect, completp. a.~wnply arlth and abide by each and e~-er~ the stipulations, sgreemenia, conditions and co~enants of said promissory note and of th~~ mortgage. then this mortgage and the estate hereby created shall cease and be null and votd. It i~ understood that each of the wor~ls, "no:e," "mortgagor" and "mortgagee" respectlvely and the pron- ouns reterring thereto. whether in the singular or plural anywhere In thts mortgage. ahall be eingular ft one only ~ ~ and ~hall be_plun+l ointly and scveraUy, it m~re than one, and shall De mascvline, teminlne and/or neuter, wher- e~•er the coniext _w impliea or ~ts. And sald Mortgagor for himaeli and his heirs. legal rrpreaentatives. aucce.vors and a~signs. 6erebr rnvea- anta sna agree+ to and with sa[d Morigagee. hia legal representaUves, succeseora and as~lgns: ' 1. To pay all and aingular the principal and intereat and the various and auadry sums ~t money psyable br ; vlrtue of aaid promissory notG and this mortgage. each and every. pcomptly oa the days reapecUvely the eame ~ aeverally become due. ~ 2. To pay all and singular the txxes, as+essments. levies. liabllitiw, obligationa snd lncumbrances of every ~ II nature and kind now on said described property, and/or that hereatter may be impased, sutfered. placed, levied f or assessed thereupoq, andior that hereatter :nay be levied or ~cvzs~ed upon this mortgage and/or the indebted- ness secund hereby, each and e~ery, v?hen due and payable according to lsw. before they become delinquent~ and brfore an~ interest attaches or any penalty is inrurred; and in so :ar as any thereot ia oi record the same ~ ~ shall be prvmpUy satisfied and discharged of record and the orig:nal official document (auch_ as; for inatance. ~ ihe ta~c txceipt or ihe satisfaction paper ofCciatly endorsed or certificci) shall be placed in the hsnd~ ot said Mortgagee v?-ithin ten days next after payment; and in the event that any thereof is aot so pald, aatistied and dischsrged, said 1?iortgagee ina~ at any time pay the same or any part thereot without waiving or atfecting ~ any opt~on. lien, equity or right urider or b< <•irtue of this mortgage, and l1?e full amount of each and every such pa}ment shall be immediately due and Fayable and shall bear interest from the dste thereof until patd ; at t1:e rate ot ten per centum per annum and together v~~th such interest ~hall:-be aecured by the lien of this ~ mortgage. ~ 3_ To placa and continuously kepp on the bu~IdinRa nuw or hereafter aituate on said land tire and windstorm ; insurance in the ti~ual standard ~?olicy form, in a sum net les9 than =...._..._._.x1.QII~ in auch com- ~ pany or comp^aies ss may be approved by a+aid l?to~tga~ce: and all such insurxnce policiea on any ot said build- ~ ings, any intereet therein or part thereof, in the a~~regate sum atoresaid or in excess thereo[, shall contain the i usual siandard mart~;agee clause making the loss ur:der sxid policiea, each and every, payable to ssid Diortga- gee as his interesi may appear, snd each and e~•ery su~h policy shall De' ~promptly delivered to and held by aaid : biortRagee: and, not less than ten days En ad~•ance of the expiration ot each policy, to deliver to said Mortga~ee i a renew•sl themot, toqether wtith s receipt tor the premium of auch renewal: and there ~hall be no such insur- anre placed on an~ of said b~ildin~, any interest therein or part thereot, unless in the torm and with the lo~s pa~•able aa atoresaid; and in the e~ent any sum of money becomes payable under ~uch policy or policies said Mortgagee shall ha~•e ihe option to rece~~-e and appty the same on account of the Indebtednea~ secured he~eby or to Fwrmit said-1~tortRagor to recel~e and use it or nny part thereot for other purposq a?ithout thereby waiving or impairing an~ equity, lten or riRht under or by virtue of this mortgage: and [n the e~ent sald Mortgsgor ~hall for any re~soa tai! to keep the said premises so inaumd, or iail to delfrer prompUy any of said policie~ ot insurance to sa~d ~tortqagc~e, or fail prompUy to pay fully any premium thercfor, or in any respect [all to per- form. d~schar~e, execufe, effect, complete, cemply w~th and aDide by this covennnt, or any part hereot, aaid ~iortg• j a~eP may place anA pay for such inaurance or any part thereof without waiving or atfecting any option, iien, J equity or nRht under or by ~•~rtue of ih;s mortgage, and the tull a~riount ot each and every s~,~ch payTrtent ahaU , be immed~ately due and paysble and shaU besr intP~est frcm the dnte thereot untll pa[d at the rate ot ten per ; centum per annum +u?d together with a~~ch fnierest ahall be secured by the Uen o[ thls afortgage. ? 3 To pernnit, commit or aufter no wa~,+te, Impairment or deterioratton of safd proparty or any psrt thereol. b. To pay all and singulu the za+ta, charges and e:penaes, . including reasonaDle lawyer'~ fees and coet o! abstracts of tiUe, fncumed or paid at any tlme_ by sald Mortgagee because andior~n_tha event ot tha~ failurs on the part ot the sald Mortgagor to duly, prorr.ptly'and [Wly pettorm, dlscharge, e~cecute, ettect, complete, comply ro~~ftb and ~bide by each and every the stlpulsUone, agreur?enb, conditlons and oovenanb of sa:d promL- w,y note, and Ws mortgage, any or either, and sald costa, chsrgd and e~[pe~uea, u?ch aad every. ihalt be Im- mc+liately due and payable, arhether or not thero be notice, demand, attempt to oolkct or sult pending; and th~ full amount of each and every ~ucr psyment ihall bear interest trom the dsU thereoi untll patd at the nte ot ten per centum per annum: and all ~afd cosL, charR~a ~nd t~cpens~ ~o lncure'ed or Pal4~ WLet!?~~ ~u~ terrat, shW 0~ ~ecvred DY tbs tlea ot Wi mongage. ~ a~~~ 1y3 1305 - _ _ . _ _