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Home My WebLink About1354 ~ i , , ~ t 9 800.00 STUART, Florida. 19 Zl s--.._:._...___.___--._---•- FO VA R IVED the under:i~ned, jointly and seve~ally, PROMISE TO PAY to the order o._______________________ ~+c~ ~~~~~+.,~~+A OV~ d ~ ~~i~Il~.~i~f ~i]~-.-~..~.- w--~ ~ ~ ~ ~ ~ ~ ~~~R~J~ at ~ --or iuch other place as the holde~ hereof may desi~nate in writin~. topether with interest from dats at ihe ~ate of per centum per annum on the unpaid bala~ce until m~twity. The said prindpsl and intKSSt shall be due and psyable i11S.T7 • aoath, tb~ lir~t ~ya~nt b~io~ dw on~ rantb lror date, aod Qoatiaw tor ~ac~? ~tE? tb~roattvr tu~til p~id. ~hi• ~u~ a! Slll.77 /~id ~ao~ son~h otiall lirst bv or~ditod to irt?~rat s~ tY~ r~i~d~r to t6a priaaipal o! t6~ odlip?tioo. i'~i~ aot~ ~rili b~ oa~l~t~l~ p~id ~itd 1=0 ~oatbl~ p~~nt~ o! ~11s.~T uai~u ~ooar Pr~p~id. lhia ~ot~ b~ ~repaid at lia~ ~it6o~t p~oalt~. !f ddauh b~ iw~ ie? ._L~0- d+1?~ in ~M WY~~ ef M1r MnbNwMN ef 0?ineiP+l w InNeMI w anY 0+~ ~f. IM wAeb su~n tlwn r«nainieP e~+paiA wilA inlwwt ~MII M Mldn'~ ep~an b~oaM dw tnd W1/aeb wNAor1 nofit~. Faihx~ b~aNtiM ~udt oo~ion ~Aall not ~ waiv~r ot IM riv~+1 ro~aKCa~ tM w~ in N» ~ww ef ~u0wpu~+~ d~fwM. Af~ wrnnih bolh Mh?Nw~ r+d ~oau~d Mnw~sf ~Asll b~w infw~t N pw, amwn ow arrw~ ~~til ' iM ~w~kM M~d ~ndenMS of kds ~wh /w11Mr raiv~ dM~~nd, Mliq na?p~w~~ ~nd ptplNl. If Mb noN is no1 W_~hrt~h and IM ~rw~ b pl wi1A ~n +namY tor tolhHion. NM nyRa~ Md ~IaNn Me~of prN N~M ~1 ~ab ef ooM~ttioR ~0 di caKf aab and nMOmbM anamtr f~- ---------------~5~~~ n . ~aalu o~irai~~---._________.____ - - --------cs~?~) ' -----------~-----~-----------cs~?~) ~ - and sha11 duly, promptly and l1tUy pertorm, diacharg~ execute, effect, complete+, comply wlth aad abide by esch and every the stipulationa, agreementa, conditions and covenants of said promiswry note and of this mortgage. then t1~is mortgage and the eatate.henby created ahall cease and be nuU and vold. It i~ understood that each oi the words, "note; '"mortgagoY' and "mortgagee" reapectively snd the pron- ouna referring theret0. whether in the singular or plural anywhere in thls mortgage. ahall be singular ii one only and ahall be plural Jointly and severally. if more than one, and shall be masculine, feminine andlor neuter. wher- ever the conteut so implles or admits. And said Mortgagor for himeeli and hia heire. legsl representativee, aucceseots and aasigns, herebq ooven- { aats ana agrees to and with aaid Mortgagee, his legal repreaentatives, auccessore and assigas: ~ 1. To pay all aad singular the principal and intereat and the various and eundry aums ot money paysble by ~ virtue of said promissory note, gnd this mortgage. each aad every, prompUy on tha days respsctively the aame - aeverally become due. ~ 2. To pay aU and singular tt?e i.a~ce.~. ~asessments, levlea, liabititiee. obUgations and incumbrances ot every . ~ nature and kind now on said descrtbed pmperty, and/or that hereatter may be impoBed, suftered, placed, levied E or aaaesaed thereupon, and/or that hereafter may be levied or assessed upon this mortgage and/or the indebted- ~ ness secured hereby. each and every, when due and payable according to law, betore they become delinquent~ ; and before any interest attaches or any penalty is ~incurred; and in eo far ae any thereof ia oi cecord the sams ~ ahall be prompUy satisfied and discharged o! record and the original otficial dceument (auch as, for instance. the tax receipt or the satiafaction paper officially endoraed or certffied) shall be placed in the hands of said Mortgagee withln ten days next after payment; and in the event that any thereof ia not so paid, sstisfied and discharged, said Mortgagee may at any time pay the aame or any part thereot without waiving or affecting any opti~n, lien, equity or right under or by virtue of this mortgage. and the full amount o! eacb and every such payment shall be immediately due and payable and shall bear interest trom the date thereof untll paid at the rate of ten per centurn per annum and together with such intereat ahall be aecured by the lien o! thL ~ mortgage. 3. To place and continuously keep on the buildinga now or hereatter eltuate on said land lire and windstorm insurance in the usual standard policy form, in a sum not less than i-•-•~a~-~~ in auch com- pany or companies as may be approved by aaid Mortga~ce; and sll ~uch insurance policiea on any of said build- inga, any intereat therein or part Lhereof, in the aggregate aum atoresaid or ln exce~s thereof, shall contain the usual siandard mortgagee clause making the loss ur.der asud policies, each and every. payable to said Mortga^ gee as hia interest may appear, and each and every such policy ahall De promptly delivered to and held by eaid Mortgagee: and, not les~ than ten days in ad~•ance of the expiration ot each policy, to deliver to aaid Mortgagee a renewal thereot, together with a receipt for the premium ot such renewal• and there ehall be no such insur- , ance placed on any o[ sald buildinga, any intereat therefn or part thereof. unles~ in the form and wlth the loas i payable as aforesaid; and in the e~ent any aum of money becomea payable under auch poHcy or pollcie9 aaid ~ Mortgagee shall have the option to receive and apply thq seme on account o! the indebtedneas secured hereby or to permlt said Mortgagor to receive and use it or any part thereot for other purposes arlthout thereby waiving ~ or impafring any equity, lten or right under or by virtue of this tnortgage; and in the event sald Mortgagor shall ~ for any reason tail to keep the safd premi~es so lnsured, or fafl to dellver promptly any ot said pollMes of insurance to aaid aiortgagee, or tafl prompUy to pay fully any premlum theretor. or ia any respect tall to per- ~ form, diacharge, execute, etfect, complete, comply with and abide by Nls covenant, or any part henof, said Mortg• agee may place and pay for such inaurance or any part thereof without wafving or aftecting any option, lien. equity or right under or by virtue ot this mortgage, and the full amount of each euid every such psyment ahall be fmmediately due and payable and sha!! bear interest irom the date thereof until paid at the rate ot ten per centum per annum and together wtth auch interest shall be eecund by the lien oi thL tnortgage. 4. To permf~ commlt or sufier no waate, impairment or deterloraUon o! safd property or any part thereol. b. To psq all and singular the costa. charges and expenses, including resaonable lawyer'~ fees and coet o! abstracts o[ title, fncurred or paid at any tlme by sald Mortgagee becauss and/or in the event of the tallurs on the part of the said Mortgagor to duly, promptly and fully pedorm. di~charge. asecuts. effact, completq comply wlth and abide by each aad everq the stlpulaUoni, agreemeat~, rnndiUons and covenanb o! eaid pmml~- sory note, and tlils mortgage. any or either, and aaid costa, charges and expen~ea. each aad svery. shall be ln?- mediately due aad payable, whether or not theca be notice, demand, attampt to oollect or sult pending' aad tb~ full amount of each and every iuch payment shall besr interest from tM dat~ thsreoi twtq patd st the rate ot ten per centum per anautn• and all ~atd oosb. charges aad eupan~e~ w tncurred os paid. toptb~r wlth wcb 1n- terest~ ~ba11 bs ~scured by tb~ Lea o! t1~U mortga~s. O R BooK195 ~E1352 -