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HomeMy WebLinkAbout2271 G s---.~~Q~~1.~-------- STUART, Florids. ----~~~r--- ~ 7----~- 19_7,~.-- FOR VAWE RKEIVED the undersi ned, jointl and severall PROMISE TO PAY to the o~der of_______________...___ ~y.~_!~ ~~y ~._~w-- .~._~~i~....~1_l~..__--------------•------~•-/=-~--'---w---- Z 113A_~fi~l[7 '/ff /J •~..~~w~~~...«~~.t~..~ww~w~~~~wr~~~~ WIY~Q~~ . al~~~~ L ~?1~~i~fs ~~~..~-"'.~..~'M.~"'~""""""""~"""'."""""" at _._F~l'S~.~SQ~..~Q.t_ Qi?-----------------------------or such othe~ place aa the holder hsreof may deiiynate in writiny, to~ether with interest from daro at the rate of per ce~tum per annum on the unpaid balance unNl maturity. The ~id p~incipal and tn»?sst :hall bs due snd payable ~~pl]pWa: $9, 010. fi9 on or b~ore on~ (1) ysar aYb~r dai4. ~3~ 010.59 oa or D~r~ tw~o (g) 9reare att~r dats. ~3~ 010.90 on or b~~or~ thrae t9) ysars alwr dst~. Inlsre st p~yabl~ annua~ily. , ~ 1/ d~fwh ee ~n~ /a ~ d~y~ ie fM aY~~ ~+~w Mrbllnnnt e1 vr~cip~l a bM~ntl a~nY o+h Mawf. fM wl+oM wn~ Mw~ nmaininq w~wid wid+ M~f Jwll ~1 Ae1dM'a op tan Mcan~ dw and v~Y~44 wiM~aR ~ofia. f~ilw~ a~:~rci» wd~ eP~ ~+11 ~at tvN a wa~vw ef ~M riqM ro~a~eca~ 1M a~nr in ~M ~~M ef whNO'.~nr ddauN. Af~ nwhwiy eo~h Princip~l ~nd ~arv~d h?t~nst ~Mli bwr ine~sl ~t vK cM~ww p~r am~,m w~ul p~~d. tM nuh~n M+d ~ndorwea ef Mii na~ IvrN+r w~iv~ d~aand, ~ati~ ~f ~ywwN ~nd o~~• If Mh rwn b nw aid nuWrity ~nd Nr wn~ i~ P1~cW wiM M~»oreM for oolMcww4 1M and ~ndorwa Mrwf prM N~+Y ail to~u d oolMctioti includ~nY ~II ww? oo~p and rNSOnaeM +nan~Y fNS. BF~I'1"~~~. II~TC • -----.(SEAI~ B _ - -------------------------------------csEn~) - - cs~t) and ahall duly, prompUy and fully pertorm. discharg~ euecute, effect, complete, comply anth and abide by each and e~•ery the stipulations. agreemente, conditions snd covenanta of said promisiory note snd of Lhis mortgage~ then this mortgage and the eetate hereby created shall cease and be null anc! vad. It ia underetood that each oi the words, "note." •'mortgagor" and "mortgages" respectively snd the pron- ounn referring thereto, whether in the singular or plural anywhen in Lhle mortgage, ehell be singulac if one oaly and shall be plural jointly and xverally~ it more than one, and shall be maeculine, feminine and/or neuter~ whe~ ever the oontext ao impliea or admlts. And aaid Mortgagor for himaeli and hia heirs. legal tepresentatives, successors and asaigns. henby ooven• ante ana agreea to and with said Mortgagee. hia legal representativee, aucceseors and assigns: 1. To pay all and singular the principal and intereat and the various and sundry sums of money psyable D~ virtue oi said pmmiasory note. and tWa mortgage. each and every. prompUy on tAe daya reapecUvely the eam~ aeverally become due. 2. To pay all and singular the taxea, asseasments. levies, lfabilities, obligations and incumbrances of every nsture and kind now on said described property, and/or that hereafter may be impoxd. auffered, placed. levied i or asae~aed thereupon, and/or that hereafter may be levied or assessed upon Utis mortgage and/or the indebted- ~ ness secured hereby. each and every, when due and payable according to law. be[ore they become delinquent, € and before any intere,t attaches or any penalty is incurred; and in so far as any t!?ereof ie ot recotd the 9ame ~ ahail be pr~mptly satisfied and discharged of record and the original o[ficfal document (auch as. for lnstance, :he tax receipt or the satiafaction paper ofticially endoraed ot cert3fied 1 ahall be plaeed in the hands of safd Mortgagee within ten days next aiter payment; _and In the event that any thereot ia not so paid, aatisfied and discharged, said Diortgagee may at any time pay the same or any part thereof a~ithout waiving or aftecting any opti~n, lien, equity or right under or by ~-irtue of this mortgage, and the tull amount of each and every such payment shall be immediately due and payable and ~hall bear interest from the data thereof unW pald at the rate o! ten per centum per snnum and together with such interest ahall be secured by the lien of thi~ mortgage. S. To place and continuously keep on the buildinga now or heresfter situate on ssld land flre and windstorm + inaurance in the u~ual standard policy torm. fn s aum not less than s....----••--••--•-•--- 1n such com• ~ an or com ~ics as ma be a roved b aaid Mort agce; and all such insurc?nce l~cita on any of said build- # P Y P" • Y PP Y K p° . inga, any interqt therein or part thereof, in th=?~gregate sum atoresaid or in excesa thereot, shall contain ths usual standard mortgagee clause making the las~ ur.der said policiea, each and every, payable to ssid ~tortga- _ gee as his interest may appear, and each ar.d e~~ery such policy ahall be promptly deliveced to and held by eaid 1liortgagee: and, not less than ten day~ in ad.•ance of the expimtion o[ each policy, to deliver to axid biortgagee a renewal thereof, together with a receipt tor the premium of Puch ~enewal• and thete ahall be no such inaur- ance placed on any o[ said buildin~, any intereai therein or part thereot, ntdeas in the form and with the la+~ payable aa aforesaid: and in the e~•ent any aum ot money becomes payable under auch policy or policiea said Mortgagee shall ha~•e the option to recei~•e and apply the same on account of the indebtedness secured hereby or to perntlt said Mortgagor to recelve nnd uae it or any part thereof for other purposes without thenby waiving ~ or impatring any equity, lien or right under or by virtue of thia mortgage: and in the event eaid Mortgagor shall ~ for any reason tail to keep the said premlees so insured, or fall to dellver promptly any ot said policies o! ~ insurance to said 1ltortgagee, or fail promptly to pay [ully any premlum theretor. or in any cespect fail to per- ~ form. diacharge, execute, eifect, complete, comply with and abide by this eovenant, or any part hereot, sald Mortg- ~K ~ agee may piace and pay tur auch inaurance or any pt~rt thereot without v~alving or stfectlng any option, ien, equity or right under or by vit~tue of this mortgage, and the full arriount of each and every auch psyment shaU be immediately due and payable and ahall bear intprest trom the date thereot unt11 paid at ihs rate of ten per centum per annum and together with auch lntercet ahall De eecured Dy the Uen oi t2W mortgage. 4. To permlt, commit or sufter no a aete, impairment or deterionUon oi sald pmperty or any part thered- 6. 1b psy W and singular the costs, chargea and ezpenses, including rea~onable Lwyer'~ feea and cwt o! abstracb of title, incurred or pafd at any time by safd Mortgagee becswe ~nd/or in the svent ot the fdlur~ on the part of the said Mortgaaor to duly, promptly and tully perforno, dlicharge. asecute, eftec~ compiet~ ~ comply with and abtde by each and every the stipulaUon~, agreement~, conditions ~nd covenant~ oi said promis- ~ory note, and thls mortgsge, an7 or elther, and sald coets, cAarger and ~cpetues, each aAd every. sha11 b~ U~- mediately due and payable, whether or not there De notlce. demsnd, attampt to col3ect or iuit peading• and tl~ tull amount o[ cach and every such payment aha11 beu interest troon ths dat~ tbtr~of uat11 pdd at the tste ot ten p~r centum per anaum: and all ~ald cwb. charge~ aad ~zpea~s~ w tncurerd or pald. WCstMr ~ritlr wch !n- terwt, ~ha1l b~ ~scvred br tL~ ll~a o! t!w mortB~B'~- 60GK 195 YACE22lh7 - - - , : ~ _ . ~