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Home My WebLink About1019 . . . . : ~ . _ . . . . . . . . . . ~ • 7, 700 .00 STUART. Floride. F°br~ary ie ~Z ~ ' s F~}~j.U~ R~~~~`;~~~und~r:Ig~ed. joioilY ~nd s~~ually, PROMISE TO PAY fo !h~ ord~r ot. 8T~38L :~~7 ~ : -~~~~S~VS~T ~CH~S~IID SBVEU SU~IDRBD ~HD ~~ZOOL~1~~~~~~N~MM DOLLRRS. . :sa r~~id~nc~ Of ~~l~ _or ~uch ofh~: plae~ u!b~ hold~r at _ _ _ _ . . hereot maY d~sign~!• in writin~, lo9elh~r wiih inter~s! isom d~te •t th~ rat~ oi _ 7~ p~s c~ntum p~~ annu~n oA l1~~ unpaid i~ balanc~ until maturity. Th~ :aid principal and int~rts! shall M dus and payabl~ ~!iw ~S~ ~QLI~l an~ual Ei. ~ installment• o! $1,540.00 ~~ch, plu• intosest. mak~r• may pac~pay aay or`r all of t.ho ur~paid psincipal at any tim~ b~for• du~ without payn~eAt o! ~ premium th~z~for. ~ €x lf delault be t~ad~ te~ ~O d~rs in t!e parment ot anr iestaliment ol principal or interest or any V~rt t?ereel. tA~ rAol~ • t?es e~w~i~tnt ~ u~paid vitA intees~t ~6a11 at 6o1Mr'~ sPtion 4ecome dw awd PaYable ~?itbout eotice. Fwilure to •aercise such op~iow ~all aot cow~tltu~ ~~~r ol t6~ ~ ri~6t te eaercis~ t?e sam~ In t6• ~veat o( •ussequeat de(ault. Atter maluritr botA p~iacipsl a~~d ~ccrued i~~tere~t shall bear iatersst at Nr e~wlua per aanum uetil Paid. TA• malcers and ~odonsr~ et this aot~ IurlAer rr~ire d~maad, wotic~ of aoe-Payment aud Protes4 II tAf~ seb I~ aot pIA ~t maw?ilr aad t6e sam~ is plued vrit6 as ~ttorner for col{ectloa, t6~ m~4sn awd eedoraera 6ereot asrre to v4 ~a~• of coU~ctiw, i~cluaiw~ dl couK ~ ; coat• and reuoaable ~ttero~r IK~. ~,~i, /s/ Cha~r lee 1~ . S ~pOS _ ..ISEJtLI Documentary stamps affixed to Charlfs .F~ Sipo~ ~ j~ original Note and canceled. . cs~tt.~ ~.f : ...._~s ~r ~B~ ~a ~i ~ ~ s i~~ ~ ! B ~x . r.: • . . E: ` "'.n ~ ~ ~ and shall duly, prompUy and fully perform, d~scharge, executP, e(frrt, cumptet~, ~omply with and abide by each ~ and e~~ery the stipu:ations, agreements, rond?tiuns and covcnan:s uf s:?id prum~ssory note and of tlus mortgage, then this mortgage and the estate hereby cmated sh:rll cease and be null anu ~~oid_ It is understood ~that each ot the wor~s, "note." "mortRagor' nnd "mortRaKee" respecti~•ety end ihe pron- ouns mterring thereto, v?hether in the singutar or plural an}~u•here in this mortgage, shelt be singular if one oNy and shall be pluml jointly and severally, it more than one, and sh:?li be ma.gculine, temmine and; or neuter, wher- e~~er the context so implies or admits. ~ Md said Mortgagor tor himself and his heirs, legal representati~•es, successors and assigns, hereby coven- ' ants ana agrees to and w~th said 1ltortgagee, his legal representatUV~ 9, successors and assigns_ ~ I{ 1. To pay all and singular the principa! and interest and the vanous and sundry sums of money payable by ~ virtue of said promissory note, end Uus mortgage. each and every, promptly on the days respeclively the same ~ ~ aeveraUy become due. ~ E 2. To pay all and singvlar the twces, esse~~ments, leeies, liaDilities, obli~ations and incumbrances ot eeery ~ nature and kind now on said descnbed property, and~or that herca[ter may be imposed, autfered, placed, leried ~ or assessed thereupon, and%or that hereafter may be levfed or ass~ssed upon ihis mortgxge and or the indebted- ness secured hereby, each and erer}, when due and payable ac.:ording tu lnw, before they become deLnquent~ ~ and be[ore any interest attaches or anV penalty ~s iiicurrrd; anJ in so far as an~ thereof is oi record the same ~ ~ shall be promptly satisfied and discharaed ot record and the on~inal otficial document lsuch as, tor instance, ~ ;he tax receipt er ihe satisfaction pa~er ofticially en~iorsed or certif~Pd? shall be Placed in the hands of sa.id ~tortgagee v~zthin ten days next after payment; and in the e~~enl that any there~[ ~s not so psid, satisfied and ~ discharged, said 1liortgagee may at any time pay the same or any part thereof w•ithout w-ai~ing or ~?ffecting any optibn, lien, equi~v or right und~r or by ~-~rtiir of this mortgage, xnd tte full amount of each and every ~ such payment ahall be immediately due and pa~~ablc and chail benr interest from the date thereot until paid at the rate o[ ten per c~nturn per annum xnd t~~~eth~r «-~lh such interest shall be secured by the lien of thia ~ mortgage. ~ 3. To place and continuously ke~p on the bu~ldin,a now or hemafter attuate on 9xid iand fire and ndstorm ~ va`'~ue lnsurance in the u~ual st~+ndard policy form, in a curn n~t less than a highest insurable in 9~_1C~1 COiI]- ~ pany or comp^zi.•s as may be approved bt ~zi~l :11ur:;;a;:~~e: an~1 nll such insunnce policies on any of said build- ings, any interest therein or part thereaf, in the n;.•~n•kate sum a[orPSa~d or m excess thereof, shall contain the ~ usual standard mnrt~agee clatt~e makin~; the l.~~s ur.drr s:ud policies, eac•h and e~er~, payable to said :1lortga- gee as his mterest ma~• ap~ear, and ench a::~i ~~~e~: y su~~h ~d~c~ ahall be prompUy deli~•ered to and held by said _x lliortgagee; and, not less than ten da~s in adran~ e of the ~xpirat~nn of each poGcy. to deliver to sxid AtortRa~ee ~ a renrn•al lhrreof, to~ether ~vith a receipt fnr thP prem~um ~~f vu~•h r~n~wal: and thrre ahall be no such insur- ance placed on an~ of ~aid buildin~s. any interest th~~rein or ~art thereof, unle~s in the form and with the loss pavable as aforesaid: and in the e~•Pnt any sum o[ muney b~ comes paVeble under such policy or policiea said Morte;a~ee shall ha~•e the opt~an to r~~cei~•e and a{~pl}• the xame on acrount of the indebtednes~ secure~i hereby or ~ to iwrmit said ~Lort~a~or to rPCei~•~ and uce it or r+ny Pxrt thercnf for ocher purposes without thereb~ ~•ai~~ing or impairinR an~ equity, lien or r~ht under or by ~•irtue of tt~is mortgage; and in the e~~ent said MortgaKor shall for t~ny re1s~~ fnil to ke~p the ~ai.i premis~•s so in~t~r~d, nr fail to deli~er prompily ana of said policies ot - insurance to sa~d ~tnrt~aJ;Fe. or fail promptl~ to fully v?y premium therefnr, or ~n nny re~pect tatl t~ per- form, d~schar~e, execute, effect, compl~te, comply ~~~th and ahi~le bv this co~enant, or any part hereof, said \torig- ageP may place and pav tor such inaiirance or any part thereot ~vithnut v?'a~~•ing or attectinR any opti~n, liPn, = equity or riRht under or b~ ~•irtue uf this mort~a~~. an~l the• full amount af each and every stich pnyment 9haU - be immediately due and pa}~able an,f ohall b~ar int•~-e~t trom the date ther~of untll paid at the rate o[ ten per centum per annum nnd toRPther ~vith such interest shall be secured by the lien of thfa mortgaRe. ~ 4. To permit, commit or sufter no «-aste, imFairment or detetioration ot ~ald property or any part thereoL 6. To pay all and ainRular the costs, char~e~ and expenses, including rea~onable law~}•er'e fee~ and ca9t of abstracta o[ title, lncurreJ or paid at any tlme by sald 1?i~~rtge~ee LCCRU3C and'or in ihe e~ent of the ft?tlure on the part of the said 1liortgaRor to duly, promptly and Nlly peKorm, dischar~e, execute, ettect, complete, comply w~ith end ablde by each and e~pry the stiQulation~, ngreement~, conditl~na and covenanta of sa~d promis- - eory note, and thi~ mortRaRe, any or eith~r, ar?d said cnsts, charges and expenses, each and even•. ~hatl be Im• mediately due and payable, whether or not thrre be not~ce, demnnd, attempt to collect or ~uit pen3in~: and the - full amount of each and every auch payment shall t~ear interest [rom the dete thereof untll pnid at thr rate ot ten per centum per annum; and all aafd co.+ta, charge~ and ecpenaes eo lncurred or pai~ together v?-ith auch fn- tereaf, shall be aecured by the llen ot thf~ mortgsge. - ~ 604K 1y9 P~~ 1018 _ _ : _ . _ . : _ .z