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Home My WebLink About1869 ' •i ::-v~'vvvti C'~h~'~:w 'r vvsl?M?~i'v'' ti'~'~1VS~' ~lb 'a'?'0'<`~'0'~ i 5....7 Q~.4~Q_.U_Q...._ ~ STUART, Flor~~a, Au~-~S~__.._..._...__..._ 19.~ 1. k I FOR VALUE RECElVE~, the undersigned, jointly and severally, PROMISE TO PAY to the orde~ of Z• JF:hrSEN BEACti ~ANK1 ~ F141C~d~_.~~xlkin~~_Gc2r.p~r~tiQn-----------------------------•----.._..------- -Ten Thousand ~and 001100----------------------------------- ~OItARS, ;.r ._.....__Jensen_B~~~2~~::~~Ox]~d~.._._.._..__...~ .---••----------.--•-------------------l or such other place as the holder ~ hareof may designate in writing, together with interest f~om date at the rate of ___.7.2.`~?_.._ per centum per annum on the unpaid balance u~til maturity. The said p~incipal and intetest shall be due and payable AS fOllOws : ~ " $115.71 a month, the first payment bein~ due one month from date and Y continue for each month thereafter until paid. This sum of $11.8.?1 paid ~ ea~ch u~onth shall first be credited to interest and the remainder to the principal of ~his obligation. This note will be completely paid with 120 monthly payments of $118.71 unless sooner p7~aid. This note may be ' prepaid at any time without penalty. ~ I/ dtt~~lf b~ m~d~ for JO . d~yt in ~M p~Ym~nr of ~nv in~t~lim~t p~ pie~elpal w:n~~~~sl or ~ny pur ~Mrwf, f wAol~ ~wn tAtn r~in~np = ~~oa~d ~~rA ~n~~~~~~ sM11 ~t Aotd~r'~ op non b~can~ dw ~nd p~y~pi~ wlfhout noun. f~~iw~ to •aNCiN tuch oor~on ~full ro~ aq~q(~ N• w~~wr ot tM r~pAr ~ r~ eu~u~• ~n~ uT.~ ~n tM ~v~nt of ~ub~p.Knt d~fwtt. Alar irutw~ty both p~incipal ~nd ~ccrwd in1~~~~t al+~li b~ai inr~r~st at 'L N. p~~ C~~1TYT p~r amum • .,s~i pa,d. 7M m.len ~nd ~ndwa~n of tMa eo~~ f~nMr walw dMn~nd. noeie~ of non-paym~nf ~nd p~or~at. If ~AC• noe~ i~ eq~ ptid ~r matw~~y u+d tM sam~ h~ t a~ac~d w.~A ~n artan~y fw co+bcnon, tM m~k«~ W+d ~nda~«~ Mnof prN ~o p~Y t~ of coil~cuay includw?p ~11 coan u~d rw~o~l~ aro~my i _ ~ - ----------------_(SEA?L) ~ q erge~_`1`L_._-.~ ~ -----------(SEAL) ~ Alice N. Berger ~ -_...__._---------(5E~?t) ,k~ . : t ~ ~ and ahall duly, promptly and tully perform, dlacharge, execute, elfect, completr, comply w~th and abide by each and e~•ery the stipulations. sgreementa, conditions and rnvenants of said prom~ssory note and oi Ltda mortgage, then this mortgage and the eatate hereby created shall cease and be null and ~oid. It is underatood that each of the words, "note," "mortgagoY' and "mortgagee" reapectively u?d the pron- ouns referring theret0. whether in the singulsr or plural anywhere in thia mortgage. ehall be eingular lt one oNy and shall be plural jointly and severally. iL moYe than one, and shall be masculine, feminine and/or neuter. whet- e~ er Lhe context ao impliea or admit9_ And said Mortgagor for himseli and his heirs. legal repreaentatives, aucceswrb and aasigns. henbq ooven- . ' snts ana agr~ to and with said Hortgagee, hia legal repreaentativea,successora,and sasigns: 1. To pay sll and singular ihe prlncipal and intenst and the varfous and sundry aums of money payable b~ virtae oi said promiasory note, and this morigage. each and every, prompUy on the days re~pectively the same ; severally becwme due. i 2. To pay all and singular the t~ucea, assessmente, levies. Ilabilities, obligatfons and incumbrances o! every ~ nature and kind now on said described property, and/or that hereaiter may be impoxd, suifered, placed, levied or assessed thereupon, andlor 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 theq become delinquent, i and before any intere~t attaches or any penalty is incurred; and in ao far ae any thereot ia ot reoord the same shall be promptly satisfied and diseharged o[ record and the original oificial document (auch aa. for inatance, :he tax receipt or the satiafaction paper officially endoraed or certlfied? ahall be placed 1n the hands of said ~ Mortgagee within ten days next atter payment; and in the event Nat any thereof is aot so paid, aatistied and dischatged, said 1?Sortgagee may at any time pay the s~ne or any part thereot without waiving or affecting any optiDn, iien, equity or right under or by ~ irtue of this mortgage, and the full amount of each and every such payment shall be immediately due and payable and shall bear interest from the date thereof until paid at the rate ot ten per centum per annum and together with such intereat ahail be aecured by the lien of this mortgage. ' 8. To place and continuously keep on the buildinga now or heteaiter aituate on said land flre and wlndstorm inaurance in the usual standard policy form, in a sum not less than =...._.mBXiffiLUR !n such com- pany or comp^nies as may be approved by said Mortga~ee: and all such insurance policiea on any of said build- ings, any intere~t therein or patt thereof, in the aggregate sum atoresaid or in excess thereof, ahall contain the usual standard mortgagee clause making the loss ur.dec said policiea. each and every, payable to aaid biortga- gee as hia interest may appear, and each and every suc•h policy shall be promptly deUvered to and held by eaid 1ltortgagee; and, not less than ten days in advance of the expiration ot each policy, to deliver to anid Mortgagee a renev?al thereof, together w~ith a receipt for the premium of such renewal- and there ~halt be no aueh inaur- ance placed on any ot said buildinga, any intereat therein or part thereof, unless in the form and with the loas payable as aforesaid: and in the e~ent any aum of money becomes payable under auch pollcy or policies aaid Mortgagee shall ha~•e the option to receive and apply the same on account ot the lndebtedness aecured hereby or to permit ~aid Mortgagor to receive and use it or any part thereot for other purpo~es without thenby waiving or impairing any equity, lien or right under or by virtue of this mortgage: and in the event sald Mortgegor ehall t' for anv reason fail to keep the said premiees so insured, or tafl to deliver promptly any ot asid policie~ ot ~ insurance to said Mortgagee, or fail promptly to pay fully any premium theretor, or in any respect fall to per- ~ lorm, discharge, ezecute, effect, complete, comply with and sbide by th[s covenant~ or any part hereof, said Mortg- agee may place and pay for such insurance or any part thereot without waiving or affectlng any option, lien. i equity or right under or by virtue of this mortgage, and the [ull a~ount of each and every such payment ahaU ~ be immediately due and payable and shall bear interest from the date thereof until paid at the rate of ten per ~ centum per annum and together w[th anch interest shall be eecured Dy the lien ot thl~ mortgage. 4. To permft, commit or auifer no Raete, tmpairment or deterioraUon oi eald property or any part thereol. ~ 6. To psy all and singulu the ca~ta, chargea and expenees, including naaonable lawyer's fees and cost o! abstracte o! title, incurred or paid at any tlme by said Mortgagee because and/or In the event ot the fallure ~ on the psrt of the said Mortgagor to duly, promptly and Nlly pertorfa. dl~charBe, execute. eftect, completq oomply with and abide by each and every the atipulaUons, agreerr?enb, conditloru and covenanb of said promL- wry note, and this mortgage. any or either. and safd coats. ct~arges and ea~pea~es. ~ach uid every, ~h~ll bs Im- ~ mediately due aad payable. whether or not there be notice. demand, attampt to collect or sWt pendtng: and th~ iWl amount of each and every such payment shall bear intareat trom ths dste thenot until patd ~t the r~te at ten per centum per annum: and all safd cost~. clurge~ anA espen~e~ ~o incurrsd or patd. toCstbsr wltb ~ucb !n- tecest, ~ha11 bs ~ecured by tbe Uea of tbla mortgare. ~ BL'R!!1J5 PA6E1~~~ - , - - ~ ~ ~~u.~~ a,_ _ . .