The URL can be used to link to this page

Home My WebLink About0834 ti ` January--28-------------- 19-~~--- ~ ~_1~s~:~------------- STUART, Florida. ~ ~ FOR VAWE RECEIVED, the undersigned, jointly and severally, PROMISE TO PAY to the order of________. _ ' ~ _.CLY~g M. BONAR ~A 0 __~30HA:i}..his._xi.fa_----------------------------•----------------------------------------- - i ~~~~~~AI~NO~- - - - - - - - - - - - - - - - - - - -------.DOIIARS ~ at Jensen .BesCh~ Floricl$-_-----•-----~~-~ ---------or such other place as the hotder ~ . per centum per annum on the ~ hereof may designete in writing, together with interest from date at the rate of __.._...7_____ ~ unpaid balance u til m tu?ity. The said principal and interest shall be due and pay able in the am~unt of Forty and no~100 ~~O.C~O) ~oll.ars on the first of each month, be~innin~ March 1, 1Q72. k'e r~rish it ftiirther undearstood that there shall be no penalty for ore~vment of this r~ortgage. i ~ 's , ; If d~/wM b~ ~nad~ ta ---10 - dt~n in N» p~y~ew~t ot ~ery iirhlLn~nt d wie~cip~l or inf~r~N w~ny part Menof, tM W~W~~ WT ~Mn nma~n~eq j v~+p~id wiN~ inMr~s~ sAdl q AeWn'~ ap~an E~cw~r dw u~d WY~M wiMa~A eoric~. hilur~ ro~~~rciw wd~ optian ~hall no~ q~ ~wh • w~~v~r of tM riqAt ? ~ ro~a~rcif~ tM um~ in M+~ ~vMM d~ubW:+«+~ d~fwN. Af»~ nwfwify eolh pfnc:p~i ~nd ~ocrwd ieNrut aMll bur iro~at ~t ..1V._.. per c~ntwn p~r annum ; ~nr~l pi~d. TM mak~rs ~nd ~ndors~rs o1 Mi~ not~ fwtAK wwv~ d~nd. notio~ of non~piywwnt ~nd DroMt. 1} ~Ais noN is not W~d at ~tw~ry and tM ~am~ is plK~d wi1A M ~I/Or1My f01 O01MttiOn. tM ~k~n and ~ndorNn I~rof ayrM lo p~11 ~11 cosl~ Of 0011KY ~II tosb Mld tNaoMbl~ atfwMY i / ~ ~i1.'Y ' G ~ - - . . . -~SC/1l~ _ ~ . ~~,~wG~:C~---------- (SEAI) EVEI,YN . SCHLUCHTER --------------------------------------------------.-__._(SEAI) ti ~ a and shall duly, promptlq and fully perform, discharge, execute, effect, complete, comply wtth and abide by each ~ and e~•ery the stipulations. agreements, condltions and covenants of said promissory note and oi this mortgage. ~ then this mortgage and the eatate hereby created shall ceaae and De null ana vo1d. It ia understood that esch oi the worda. "note;' "mortgagoY' and "mottgagee" respecUvely and the oron- ouns reCernng thereto, whether in the aingular or plural anywhere in thla mortgage, ahall be singular if one only and shall be plural jolnUy and ~everally. if more than one, and shall be masculine, feminine and/or neuter. wher- ever the oontext ao implies or admits. And said Mortgagor tor himselt and hi~ heirs, legal repreaentatlves. successora and assigne. hereby coven- ants ana agreea to and with said Morigagee. hia legal represenLaUves, successors and aesigus: i , 1. To pay all aad singular the principal and interest aad the various and eundry suma ot money payable by ~ ~ virtue of aaid pmmissory note. and this mortgage. each and every, promptly on tha days respect3vely the same ; ~ aeverally become due. ' i 2. To psy all and aingular the taxea, assessments. levles, liabilities, obligations and incumbrances ot every i nature and kind now on said described property, and/or that hereafter may be imposed, suffered, placed, levied I or assesaed thereupon. and/or that hereatter may be levied or assessed upon this morigage and/or the indebted- - ~ ness secured hereby, each and every, when due and payable acrnrding to law, betore they becoma delinquen~ ~ and before any intere9t attaches or any penalty is incurred; and in ao far a~ any thereot is ot record the same ~ s ahall be prompUy satisfied and discharged ot record and the original ofticial dceument (auch as. for instance. ~ the tax receipt or the satiataction paper officially endorsed or certified) ahali be placed in the hands of said i ~ Mortgagee withln ten days next after payment; and in the event that any thereof is not so paid, satisfied and j discharged, said I?iortgagee may at any time pay the same or any part thereof v~lthout waiving or affecting ~ ~ any opti~n, lien, equity or right under or b) ~irtue of this mortgage, and the full amount ot each and everq : ~ such payment ahall be immediately due and payable and shalt bear interest from the date thereof unUl paid ~ ~ at the rate ot ten per centum per annum and together with such interest ahall be secured by the lien of this ~ ~ mortgage. ~ 3. To place and continuously keep on the buildinRa now or hereafter eituate on said land fire and wlndstorm ~ ~ insurance in the usual standard policy torm, in a sum not less than =...__...._._I!!a?[~~tllm in auch com- ~ . • ~ pany or comp^nies as may be approved by said Afortga~ce; and all such insurance policies on any ot said build- ~ ~ ing~, any intereat therein or part thereof, in the aggregate aum a[oresaid or in excess thereot, ahall contain ths F ~ usual standard mortgagee clnvse making the loss ur.der said polictea, each and every, payable to said 1ltortga- ~ s-~~ gee as his interest may appear, and each and e~~ery such pelicy shall be promptly deliveced to and held by said ~ ~ 1?Sortgagee• and, not lesv than ten days in ad~•ance of the expiration ot each policy, to deliver to sxid Morigagee ~ ~ a renewal ~thereof, together with a receipt for the premium of Auch renewal• and there ahall be no auch insur- . ance placed on any of said buildings, any intere~t therein or part thereot, unless In the form and with the loss ~ ~ payable aa a[oresaid: and in the event any sum o[ money becomea payable under auch pollcy or policiea said Mortgagee shall have the option to receive and apply the same on accotuit ot the fndebtedneae secured hereby or ~ ~ to permit aaid Mortgagor to receive and use it or any part thereo! for other purpose~ without thereby waiving ; ~ or impalring »ny equity. Hen or right under or by virtue ot this mortgage; and in the event said Mortgagor shall » _ for any reason tail to keep the said premiees so in9urnd, or fa~l to dellver promptly any of said policiea ot . - insurance to said 111ortgagee, or fail prompUy to pay tully any premium therefor, or in any respect fail to per- - form, discharge, execute, effect, complete, comply w~th and abide by this covenan~ or any part hereaf, asid Mortg- _ agee may place anA pay for such insurance or any part thereof without wai~ing or affecUng any option, lien, ; equity or right under o:- by virtue of thia mortgage, and the tup arJnount of each and every such payment ahaII ~ be immediately due and payable and ahall bear interest irom the date thereof until paid at :he rate of ten per ~ centum per annum and together wlth auch interest shall be aecured by the lien of thls mortgage. '-y-' 4. To pernift, commit or aui[er no waate. impairment or deterioraUon o! sald pmperty or any part thereot. ~ 6. To pay all and singular the costs, charges and ezpenxs, lncluding reaeonable lawyer'a fees and coei of - abatracts of tlUe, fncurred or pald at any Ume by eaid Mortgagee becauae and/or tn the event of the tallurs on the part of the said Mortgagor to duly, pwmptly and lully perform, diacharge, ezecute, effect, complete. comply wfth and abide by each and every the atlpulattons, agreemeats, conditions and covenante of eaid promis- wry note. and thls mortgage. any or either, and aald costs, charges and expe~ues, each and every, shaU be im- € mediately due and payable. whether or not there be notice, demand, attempt to colkct or sult pending: and ths . full amount of each and every sucb payment ahall bear fnterest from the date thereof untll pald at the nte oi ten per centum per annum; and all anld coeta, chargea and ezpense~ w fncurred os paid. Wgether wlth such ta- 'r'~ tenat, ~hall bs ~ecured by the Uen o! t1~ mortgagr,. ~ 6 .S ` SQ~ ~ ~ ~.r ~ - ~ ~ . _ _ _ . . . . ~ . ~ -