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Home My WebLink About0843 ' S-1L 4D.-Q4------- ~ STUART, Flo~ida, 1 q-i 2-- FOR VA UE RKEIVEO, the undersigned, jointly and severalty, PROMISE TO PAY to the order of_ + *S.~T F. ,~~cx_ . . ~~_.~~'14ridu bankln¢ _corpor~tion_------------------------------------- ~ - +p'•Q pM /~/~---~-/-~--p--- ~~i~~7fn ~AiiFi~nl7 aiJ~ QOL~ll~l..~~.~~.~~.~r~r~w.~~~w~~~.~~~~..~.~~www~~wr.w~.~ WlLI1R~~ at~Lt3II~.BJ1.~~..~~Q~~d~-------_-~ _ or such other place as the holder • hereof may designate in w~iting, together with interest from date at the ~ate of 7~____ per tentum per annum on the unpeid balance until maturity, The said principal and interest shall be due and payable lOtlO~v!a 2 a168.19 a month, ths lirst paqr:ent heinq due ona menth iroep date, and continuiag for each ~ronth thereafter until paic~. Thie ew!? oi l~i66.19 paid earh ~contb ehatl lirst be cxedited to ioterest and the re~+ainder to the principal ot this obligation. Ttzis note ~ill be cc~+pletely paid vith 120 ~onthly pa~~~nts o! ~186.19 unl~es sooaar prepaid. This note a~~ty be prepald at any ti~e iitbout psnalty. ~ N d~fwlt b~ ~n~ fo? u_V da~~ in fM Wr+~t o! arry in~blLn~nt d W~nNP+~ w in?~~s1 w anY A+H Merwf. tM whol~ sum M~av~ r~ma~n~np ~ unp~id wiM in»r~st ihsll at ho1dN'~ ~p fion bacwrw dw ar,d wr+b4 w~~houe oot;p. F~ilur~ ro•sKCiw sucA option sMlt no~ y~ M• w~~wr oi tM .~qht ro ~:NC~H tM ss,.w in N» ~v~n! of iuO+Nq:Nnt d~fwl~. Afnr nrwriy bofl~ pincipal ~nd ~ccruW intaat sAall bw~ ~nh~~st ~.i,[. p~r c~nn,m per an~um ; u~hl psid. 1M e+ak~rs r~d ~ndon~rs of Mis not~ fwther w~iv~ dwnand. notitr of non-p~ym~nt ~+d WoMat. If fhi~ noq ~s not paid n matw~ty r+d M+t same ia pl~qd wieh ~n anwn~y ior cdNetion. Nr malara ~nd ~ndws~rs lyrwf ~yr» ~p p~y ~II cwn of oolNctia?, inclvd~np sll cow~ coab and reason~bl~ a~ewneY fees. ~ (SEAL) _ s - (SEAI) - - (SEAL) and shall duly, promptly and fully perform, d~scharge, executr, effe~•t, completr, ~~omply w~th and abide by each und e~~ery the stipu:ations, agreements, conJ~tiui~s and co~enants uf s:ud prum~ssory note and of Ltus mortgage~ then this mortgage and the estate hereby created shall cease and De null ana ~•oid_ It ls understood that each of the words. '•note," "mortg~gor" and "mortRa};ee" respecti~•ely and the pron- ouns te[erring thereto, whether in the singular or plural anywhere in thls mortgage, shall be singular it one only and shail be plural jointly and se~~erally, it more than one, and sh:~ll be ~na.gculine, feminine and •or neuter, wher- e~•er the coniext so implies or admits. Md sald Mortgagor tor himsel[ and his heirs, legal representatices, successors and assigns, hereby coven- ants ano agrees to and with said 1liortgagee, his Iegal representati~•ea, successors and assigns: 1. To pay all and singular the principal and intereat and the various and sundry sums of money payable by virtue of said promissory note, and Uu~ mortgage, each and every, ptomptly on the days tespectively the same aeverally become due. 2_ To pay all and aingular the twces, asses.~ments, levies, liabilities, obliRations and incumbrances ot e~•ery nature and kind now on said described property, and 'or that hercatter may be imposed, suffered, placed, le~~ed or assessed thereupon, and/or that hereafter may be le~~ied or ~~~~ssed upon this mortgage and: or the indetted- ttess secured hereby, each and e~~ery, w•hen due and payable acroniing to taw, be[ore they becorrie delinqvent, and before any interesi attaches or any penalty is i:icurred; and in so far as any thereof is of record the same shall be promptly satisfied and dischar~ed of record and the onKinal atf~eial document Isuch as, for i~istance, ~he tax receipt or ,he ssiisfaction paper officially en~lor;kd or certifiPd) shnll be placed !n the httnds of said ~tortgagee K~thin ten dRV9 next after [~3}~iT1Ch[; and in the e~•ent that any thereof is not so paid, satisfied and discharged, said 1liortga~ee may at any time pay the s;in?e or anp part thereof u-iihout wai~~ng or atfecting any opUen. lien, equity or r~ght onder or b~• c~rU~P of this mort~aRr, xnd the f~ill amount of each and e~•ery such payment shaq be immediately due and ~~ayabie :ind shz11 bear inlerest froni the date thereof until paid at the rate ot ien per cNntuTn per annum bnd tn~ethrr with surh interest shall be serured by the licn of thi~ mortgage. 3. To place and continuously ke~p on thP bu:ldin~a n~~w or hereafter aftuate on said land flre and wtindstorm insurance in the usual standard potic~ fnrm, in a sum n~t less than S. ~1Xj.lq.l1~. in such cum- pany or comp~ ai.•s as ma~ be appro~~rd by sa;~l ??i~~r!;,•a;r~~e: an~1 :~11 su~~h insunnce policies on f?ny ot said bwld- ings, any interesf therein or part thereof, in the a~~r~e;:ite sum afore~a~d or in excess thereo[, 9hall contAin the usual standard m~rt:;R~PP clause mak~nR the I~,~g urdrr s:ud poL~~"ses. ea~•h and every, payable to said rinrtga- gee as his interest ma~• appear, ar„1 ~ach x~:d ~c.~rt su~ h pnlicy shall be pmmptly deli~•ered to and heid by sald 1?Iort~agee; an~, not tess Lhan ten days in ad•:an+•e nf the Pxpiration of each polic_v, to deliver to snid btort~a~ee a renen•a1 thereof, toRether w•ith a receipt f~~r thP prPmium ~f an~-h r~newnl: and thPre shall be no such insur- ance placed on ant• at ~aid buit~iinK9, any intrrest th~rein or part thereo[, nnless in the form and w~th the I~ss ~ pa~~able as afnresaid; and in the e~•Pnt any sum of monev beromes payable under such policy or policie~ said Morts;a~ee shall ha~•e the opti~~n to r~~ce~~•F and aFply the sam~~ i~n account of the indeDtednea9 secured hereby or to pNrmit said lfort~a€ar to rP~eivn nnd usr it or any part thereof far other purpose~ v~nthout themby ~~ai~~ng or impairinR am• equity. Iten or ri~ht under or by ~•irtue of this mort~aRe: and in the e~•ent said '~ltort~aKor shall for any rPas~~? f~i1 to kec~p thP c;~:~i pr•~n~cs~s s~ in~umd, or fail !o deliver prompUy an~• o} said pol~cies ot insurance to Sa1d ~tnf!~:t[;e~e, or fail promptly tn p:~y fully any premium theref~r, or in any re~pect tail to ~er- form. dischar~e, execute, et[ect, complete, comply u•~th and abidP by this covenani, or ant• part tterro[, aaid 1SortK- aRee may place ar.~i'pay for such inaurance or xn}• part thPreof ~vithni~i w•ai~•ing or atfecting any o~tinn. hPn. equity or n~ht undch~ or b~ ~•irtue of this mort~a~e, and th~~ full amount of each and every such pa}•ment shall be immediately due and payable nnd shap bear int~rPSt fmm Lhe date ther~of unt11 paid at the rate of ten per centum per annum and to~eihFr with such tntere~t shall be serured Dy the lien ot Lhls mortgaRe. 4. To permit, commit or sufter no w•aste, impairment or deterioration of safd property or anv part thereof, 6. To pay all and singular the co~t~, char~e~ and expenses, includ~ng reasonable law~}~er's fees and cost of abstracts ot title, fncurred or paid at any time by said I?i~rtgsgee because and~or in the etent of the falluro on the part ot the s8id MortgaRor to duly, promptly and [ully perform, dischar~e, execute, eifect, complete. comply K~Lh and ebide by esch and every the stipulation~, agreement~, condiUona an~ covenE?nts of eaid promis- sory note, and thi~ mort~age, any or either, and satd coats, charges aad expense~, each and everti, sha11 Tx im- mediately due nnd payable, whether or not there be not~ce, demnnd, attempt to collect or auit pendin~: and the tull amount of each and every auch pa}Tnent shall bear interest [rom the date thereof untU patd ai the rate ot ten per cenium per annum• end al) nafd coste, charge~ and expeases eo Incurred or pald, together N-ith euch 1n- tere~t, shall be eecured by Ne lien of thla mortgage. . BooK ~~3 PAGE 8~ ~ : _ ~ ~ . ~ ~ : _ ~ ~ ~ ~ ,k~~ - ° ' _ .