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HomeMy WebLinkAbout2857 . . , . ~ SM.~_~._~~ STUART, Florida, MSY'Ch ~s~~~~qA~~ ~ 90 647 83 ` J A1V1 ~ FOR Vq~UE R~{ EIVED the undersi ned~ Iointl a~r,~ everoll~` pR~n~?IS~ TO Pq~ to the orde~ of__ ^«:~_~F _ y HENRY and GrH~R_~.~HOL~i~~K HE1vRY,~his w~fe . ~~NF~ THOTISAND S"~ ~~]ND QO-____._--------~_DOLLARS, ~ at ~ • _or such other place as the hoider hereof may designate in writing, together with interest from date at the ~ate of per centum per a~num on the = unpaid balance until matu~ity. The said p~incipal and interest shall be due and payable in fu11 one year f rom date hereo#. This note may not be prepa,i.d orio r to Janua.ry 5, 1973. ~ . ~ For one year due date of note and for date from ~~hich interest accrues, both - shall be based on date of June 2, 1972. ~ ~ If default b~ +Md~ tor JO ~ dw+ tn tM wY~~ ef ~ny 4nts14n~nt of o?~dpd a inNnst e~ arw o+~ Nwrwf, tA~ whob ww ~lia+~ .am+inaq unpsid wi~h inr~nal sh+11 ~t hold~r's ep1i~ becan~ dw and wY~b4 wiMiwt notic~. Falun te ~:Kas~ sucA option ~MU oot oonstl~t~ a wsiwr ot tM ?qht .j ~o ~:~.a~ th~ s~ in tM rwM of +ubswoiw+t d~fwN. Afh. e~snKify bo~h OrinaP~ snd aarwd InarKf ~hall bar inweu a1 _ oK, unewn per ainww until paid. TM mak~rs Md ~ndorws oi d~is not~ furtMr w~iw dMnand, nolia ef nae~ynw~t and prWpt. If • ia no~ psid ~t arWr~ty ~nd tM same is p1~a0 wi~h an ~namY for cdl~aia~, th~ mabrs ~nd ~ndaaws hwwt aQrM fe P+1? ~q: cos~e of ce~ttioA, 1~ch~in~~l cowt ws~s N+d r~asanibM snwmy fws. r ~ ~y • ~ ~ ~ ~l. -~~(~(itiC.~f~~'~.__ ~ ~ / . ~i-:~iL< 1 - _.(SEqL) .,~S ~ ~ ~-__(SEA~ ; ~oc. s~a~•+rs lFFS~~cpd fa o v. r y~ wa ~ Note _ - -----(SEAI.) : and shall duly. promptly and fuUp perlorm. dischsrge. execute. effect. completr. comply vr~th and abids by each and everp We stipulatlons, agreements, conditions and covenants of said pmmiswry note and of this mortgags. t~ea thb mortgage and tbe estats hereby cr~sted sLall cease and be nu11 ana void. It is understood tt~at eacb oi the words, ••note,•• '~mortgagoY' and "moRgagee" nspectively and the pron- ouns referring thentor vvhether in the dngulu or plural anywhen in thls mortgage. ahall be aingular f! one ody and ahall be plural ,~ointly aad sevenlly. ii more tt?an one. and ehaU be masculine. feminlne and/or neuter~ whe~ ever the oontaxt so impliea ot admits. Aad aaid ][ortgagor for 2~imeeli and his heirs. tegal repreaentatives. auccessors and aasigna. henby ooven- ants auu agrees to and with said Mortgagee, hia legal representatives, auccessore and aasigns: 1. To pay a11 aad dagWar the principai and iatcreat ind t6e vatlous aad suadry aums o! moneY P~Y~Ie b~ v[rtue oi said pramiswry not0. aad tbis mortgage. each aud everY. Promptly oa the dsys nspsctlvely the sama aeverally become due. ' Z. To psy sll and dngular tLe taxea. assesaments. levies. 11abiUties. obligations and incumbrances ot every nature aad kind now on aaid deacribed pmperty. and/or that~ Aereatter may be imposed. suffered, placed. levied j or aaeesaed thenupon. and/or that hereatter may be levled or asseased upon this mortgage and/or the indebted- i neas ~ecured henby~ each and every. when due and payable uoording to law. be[ore they become delfnquent, ~ aud before any intereat attachw or any penalty is incurred: and in so far sa eny thereot is of ncord the same ahW be prompUy eaUsfled snd discharged of record and the original official document (such aa, tor inetanca, • the tax receipt or the satisfactioa paper offlcially endoreed or certlfied) ahall be placed in the handa of aaid Mortgagee witLin ten daya next after payment; and in the eveat that any thereot Is not so paid, astisfied and discharged. said Liortgsgee may at any time pay the aame or any part thereof Nritlwut waiviug or atfecW~g any optiOn, llen, equity or right nnder or by virtue of thia mortgage. snd the flill amount o! each and every such paytnent ahall be immediately due and payable and ahall bear interest from the date thereof until pald at tl~e rate of ten per centwn per annum and together with such intereat ahall be secured by the lien of thi~ mortga8e- S. To place and continuously keep on the buildings now or henatter situate on sald land lirs and windstorm insurance in the usual atandsrd policy form, In s aum not lea~ than i•-•----....~---------------------••-..._.--•--•--------... !n such com- pany or oomp^nics aa may be appmved by said MortgaRce; and all such inaurance policies on any of said build- ings, aqy interest therein or part theceof, in the aRgregate eum a[oresaid or in excass thereot. shall contain the usual staadard mortgagee clauae making the lavs under said policies. each and every, payable to aaid Mortga. gee aa his interest may appesr, snd each and every such policy ahaU be promptly delivered to snd held by aaid Mortgagee; and, not less thaA ten daye in advance of the expiretion ot esch pollcq, tq delfver to awid Mortgages a renewal thereot, together with a receipt tor the premium of ~uoh renewal: and there shall be no auch iasur- ance placed on any of aald bufldings, aay interest therein or part thereot. unlesa in the form snd Nrlth the lo~ payable as a[oresatd; and in the event any aum ot monep becomes payable under auch poHcy or poDcies said blortgagee shall have the optlon to recetve and apply the eame on accouat of the indebiedneas secured bereby or . to permit said Mortgagor to receive and uae it or any pnrt thereot !or other purpo~es without thereb}? waiving or impair[ng any equfty, Uen or right under or by vErtue of this mortgsae: and [n t1u event said Mortgagor shsII tor any resson fail to keep the said premisea eo Insured, or fail to deUver pcomptlq enY oi aaid policiea o! insurance to said Mortgage~ or tail prumptlp to pay fullq any premium theretor. or ia any respect fail to per- form, diacharge. eaecute. ettect, complete. comply with snd abide by this covenant, or any part hereof. eaid Mortg- agte msy place and pay tor such inaurance or anq part thereot without waiving or atfecting any option, lien. equity or right under or bq virtue of this mortgage, and the fuU aqzonnt of each at~d every such psyment shsll be immediately due and payable and ahall beat intereat trom the date thereof until paid at ths nte of ten per centum per annum and together arlth such taterest shall bs s~c•ured by t6e Sen oi thf~ mortgage. 4. To perml~ commit or sutfer no waste. impairmrat or det~erios~tloa ot aald propsrty or any part thereol. 6. Tb pay a11 aad stngular the costs, charges and expenses. tncl~ing reasonaDle lswyer's ices snd cosi ot abstracb o! Utle, incurnd or paid at any Wne by sald Ir[ortgsgee becau~e and/or in the event of the tdlue+s oa the part of the ssid Yortgagor to dulY. Promptly aad N117 Pertorm. dl~charBe. eiecute. effect, completq, oompl~ wltb and sblde bp earh and every the stfpulatlotu, a6reen?ent~ conditions aad oovenanb oi said pmmis- ~or~r note. aad tbis mortgage, an~ or eitber, aad said costi. ch~rge~ and espaue~. each aad every. sDall bs !m- mediately due aud paysble, whether or not thera be notioe, demand. attempt to ooUect or suit pending: aad ths l~ull amount ot each and every suc6 payment aball bear intez~st ir~am ths dats tb~e+sot until pald at W~ rate ot ten psr cenWm per aanum: at?d all ~sid oo~t~. ct~argea and ezpen~e~ ~o /acurted oe pa1d. Loget,Ler with such in- terest. s~a11 b~ aecured b~ tbs lisa o! thls awrtgaga. gooK202 ~~E2853 ~ _ _ . . " ~ _ ~ f.a'. _ _ ~R,-~_