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STUART, Flo~ida, ----~p~:---------- 1971-- s---- ~R t~tsi~nq~ Loi i~r'~sevp~~ll PBOMISE TO Pq Y to ths o~der of--------------- ~ isoi'i ~if~ COl~Olftl O~ --__.._..__-------------------•-------•----------__..DOIIARS, ._.....____.____M. - ~ " ~ _ or such othe~ piace e: the holder _ .._.~T~~/~~i0~~_~l'~di ~ • at ' hereof may desi9nate in writin~, to~ether with )nte~est from date at the rate of ~ c~~At~~ per a= num on the ± ~ t•~ r~ty Ths d inci I and n es :hall due end able 110~~ ~:~•'~b~#~, td. ~s~~ ~?sM•~r~.;iii~ a°.~ t ~o:~s" o.ia vo~tiaw i~or a?ad ,wot~ tIMrN?tt pa~ •aa4 ~.tb •1~a11 b~ lis~t or0it~ to i•asMt aN tM s~w?i~: to ta parir~ipal oi t4i~ oblisatio~i. ~bi~ dot• dll b~ ~~it~l~ pai~ sitti 190 ~satti~ pa7MOt~ oi i~0. wlas ~ooNr ~pala. ?f~i~ ~ots ~a~ - b~ pr~p?id at aay tiM ~ithoot p~~all~. te Nw av~+t ef «w MahNwM?r of aN+dal « inNra~ a~nr o+~+ ~M whoN w~+ M+~n n~+~~i~v If ddwh M n~ fer dqn • wdvw of tM riyM „npNd wiM inNMSt fMN ~t Ao1dn'~ ep~an Mcorw~ dw «+d WY~M witAaM nolkw FMMw~ b inNr«f tMll M~ir inMewt~il ~ p~r c~nhM+~ PK ro~a~reiw IM s~ iw tM ~~1 el aub~~ d~fwlt. Af»r wr1wNY bWA o~pWl M~d ~arv~d ~I w~n~ 11» nMk~n ~nd «daws ot ~Ais nae twN?~r w~iw drw+nd. nolit~ ef na?~Yww~~ +~d o~~• N tM~ no?~ ia ~W wid tl ww~,riryr ~nd ~M wn~ is pl wiiA M anamY }or tolMtlion. IM ~n ~nd ~ndorMrs i+w~of prM M V~Y twb Of Oo1Nc1Me. MKh~d++Y ~II ooun~/ oa' b ~nd ~aMbM N1otmY hM. ~ y~ ~ . . - -----------cs~?l) _ ~ ~ _______..__-_---------------------------------cs~?~~ and ahall duly. promptly and tully pertorm. diacharge. execute, ef[ect, complet~, eomply with and abide by eaeh and everv the stipulationa, agreements, cond~tions and covenants of said prom?ssory note and ot tf~s mortgags. then this mortgage and the estate hereby created shnll cease and be null and void It ia underatood that each of the wonls, "note," "mortgagoY' end "mortgagee" reapectively and the pmn- ounn cefernng theret0. whether in the singuler or plural anywhere in thla mortgage. ahall be eingular )t one ody and ahall be plural jointly and aeveralty. if more than one, and ahall be mnaculine, feminine and/or neuter. wher- ever the context ao impliea or admits. And aald Mortgagor tor hlmselt and hia heire~ legal repreaentativea, aucceswrs and aaslgas, hereby ooven• ' ants sao agrees to and with eaid Mortgagee. hia legal representaUves, succeasors end aasigns: i- _ 1. To pay aU and aingular the principal nnd internst and the variou~ and sundry sums ot money psysble b~ virtue of said promiasory nota and t2ds mortgage, each and every. prompUy on the days respactively the aa~ne eeverally become due. 2. To pay all and singular the tnxea, iuaessmenta, leviea, liabilities. obiigations and lncumbrances of ever~ nature and kind now on eaid descnbed property, and/or thst hereatter may be imposed, suitered, placed. levied + ~ or assessed thereupon, and/or that hereatter may be levied or assessed upon this mortgage and/or the indebted- E ness secured hereby, each and every, when due and payable according to law. before they become delinquent, and before any intere~t attaches or any penulty is incurred; and in so far as any thereot is o[ record the same ~ shall be pn~mpUy satisfied and discharged ot record and the original offlcial document (auch as, tor instmce. ~ :he tax receipt or the satiafaction paper officiatiy endoraed or certifiedl ahall be plsced ln the hands ot eaid ~ Mortgagee within ten days nexi after payment; and in the event that any thereof is not ~o pald, satistied and ~ dischsrged, said btortgagee may at any time pay the same or any part thercV?[ a~ithout wat~~tng or atfecting any option, lien, equity or right under or b~ ~ irtue of this mortgage, and the full amount of each and every ~ auch payment shall be immediately due and payabte and shall bear intemst trom the date thereot untit pald ~ at the rate ot ten per centurn per annum and together with such interesi ahall be secured by the lien of thi~ • ~ mortgage. S. To place and continuously keep on the bwldin~a now or hereafter ~ituate on said land fire and windatoeto ~ inaurance in the u.Qual standatd policy form, in a sum not less than i.......~Xi~~••~--•• 1n such com- ` pany or comp^nies as may be approved hy sai~l Nlc~rt~arce: and aU such insurance policies on any of said build- inga, any interest therein or part thereof, in the s~~reKate sum a[oresaid or in excess thereof, shalt contaia the usual standard moriRagee ciause makinR the lu~~ ur.d~r sa~d policiea, each and every, psyable to aaid Mortgar ; gee as his interesi ma_r• appear, and each and e~•ery su~•h pc?licy shall be promptfy delivered to and held by said ; Mortgagee: and, not less than ten days in adranre of the ezpirwtian of each policy, to delfver to aald Morigages a renewal thereof, toRether v~ith a receipt for the premium et ,n~h renewel• and there ahsll be no such inaur- ance placed on any of said buildinga, any interest therein or part thereo[, unle~ in the form and with the loas • payable as aforeaaid; and in the e~•ent xny aum of money becomes payable under auch pollcy o~ policies said Mort~agee shall have the option to receiee and apply the same on account ot the indebtedneas secured hereby or to permit aaid MortRaRor to recehe and u.e it or any pwrt thereof for other purposes without thereby walving or impairing any equity, lien or ri~ht under or by virtue of this mortgage: and in the event eaid Mortgagor shall ~ for any reason teil to keep the ~aid prem~~es so insurcd, or faii to deliver promptly sny ot said policiea o! insurance to said 1?tortgaRee, or fail prompUy to pay tnlly any premium theretor, or in any respect fail to per- ~ form, dischar~e, eaerute, effect, complete, comply aith and abide by this covenant, or any part hereot, eald Mortg- ~ tgee may place and pay [or sucA inaursnce or any part thereof without waiving or affecUng any option, lirn. equity or right under or by virtue of thia mort~age, and the [ull amount of each and every ~uch psyment ahall ~ be fmmediately due dnd ps~•able end ahaU bear intPrest from the date thereot untQ paid at the nte o[ ten pee ~ centum per annum and together wlth auch interest shall be secured ey ihe llen ot this mortgage. 4. To permlt, commit or sufter no waate, Impairment or deterlontlon ot sald propertq or any psrt thereot. ~ ~ 6. To pay aD and singulu the caete, charges and expen~ea, including reasonabie lswyer's fees and cost o! abstracts ot tttle, fncurnd or paid at any time by astd Martgagee becauee and/or in the event ot the failure on the part ot the said Morigagor to duly, promptly and tully pertorm. dlscharge, e~tecute, e[fect, compiete, comply w1tH and abide by each and every the stipulaUons, agreements, condiUons and covenanti ot said proml~- sory note. and Ws mortgege, any or either, and ~ald coats, charges and ezpenscs, each snd every, shaU be im- mediately due and payable, whether or not there be notice, demand, attempt to collect or ~ult pending: and th~ tull amount of each and every such payment shsll bear lnterest tmm ths d~te tbsreot w?tll pald at the nte at ten per cent~un per aru~um; and al! safd cosb. chargea ~nA racpeas~s w lncarr'ed or pald. Wgether writh ~ucb !n- tereat, ~hW Ds ~ccured by the Ilea of thfa mortgage. ~ so~K1y5 PAGE2444 f_.~ - ~ - - -