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Home My WebLink About1481 . i 5---: 1-T~OL1~.~Lt----- STUART, Florida. ----~:.,Y--------~- 19~.::__. FOR VAWE RKEIVED, the undersigned, jointly and severalty, PR4MISE TO PAY to the order of________.._.__. . s`~~':~t r}~ 4 C tLI3~N.. K,. a.F1~,cins~~uLin~.--a~r.~ora ~~~n ---Tiirt~ T~nu~xa_~~__312s.?_-.~~1~?S?~-~ _~______________---="_---_-------------"-'------------------_'---DOIIARS at .Tr~~^~n A: ~ieS~.FI.QL1~a.__. --.o~ such other place•as the holder hereof may designate in writing, together with interest from date at the rate of _'l~______. per centum pe? a~num on the unpaid balance until maturity, T~e said principal and inte~est shall be due and payable as r_~ll ^~'s 2 ~3E8.00 a mouth, tbe ~ir~t pAymont boir.+~ due c+ne sonth ~ram d~te, and cont~~ning foi~ each ponth t~erQa~ter untit paid. Thts sun of ~368.00 psti3 e~ch •u~th Bha~.l first be aredit~3 to interest •nd tbe remaioder to the principal o! tbis ob113stioo. ?h!s aote •ill be aoapl~tely ~id ~itt~ 1~0 Aoathly pay~~nte ot ~368.~0, nnl~~a sooner pr•paid. Tbis not~ ¦sy be prepaid at an~ time sitbaut penalty. If dtfwM b~ inad~ Ior ~~.'d._. daya ~n n» wr~~ ot .n~r t~san~«+r of a~cto.~ a. ~nr...n w«+r o+?+ M.•wf, d+. who~. ~n.~+ ..ma~~c~ unpaiA wid+ inNr~s~ sAall st Ao1dN'~ opr~on b~cawe dw ~,d p~y~bb wiMw~A eetiq. Failur~ w uauw ~ud~ optian ~hsll eo~ cory • waiva of 1M riqht ~o ~a~rdN Mr wM in ~M ~v~nt of wesw+~nf d~f~ulf. A/N1 nrw.i~r boM~ pinc+o+l and ~cvu~d inMra~ ~11 b~u ~nee.~a~ c~nwm ~er a~rwm ~nh! id. TM ~n~k~rs and ~ndaMn of tlws not~ fwtMr w+iv~ drn~nd, not~a of noirp~ynwN and o~oNtt. If tAit not~ is not P~Wifh MI ~MOfMr /W CO~NCtiOfy f1N ~Nf Md N~OffMf ~1M~0{ « Wid ~t nMtwify and 1FM s~n! "ii +YrM to P+Y ~1 cosa of aolNctiee, includ~nq dt court coan ~nd raaon~Eb arro.n~r fta. --(SEAI) . ~ - (SEAL) - - (SEAL) . UR~i?TE"~:-~'!'Cffi~ORU------------- - - and shall duly, ptomptly and fully perform, diacharge, execute, effect, complet~, ~~omply with and abide by each and every the stiputatfons, agreements, con~l~tio:~s and covenants of said prom~ssory note and of thi~ mortgage. t2ien thia mortgage and the estate hereby created sh:ill cease and be null anu ~•ad. It is understood that each o[ the ~vords. "note." "mortgagor" snd "moriRagee" respectirely and the pron- ouns reternng thereto, whether in the singular or plural anywhere in thfa mortgage, $hall be singular it one only and shall be plurnl jointly and severally, if mure than one, and sh:~t1 be mr~gculine, fem~nine and/or neuter, wher- ever the context ao implies or admits. And said Mortgagor tor himself and his heirs, legal repr,esentati~es, successors and assign~~ hereby covea- anta anu ~ree~ to and with aaid Mortgagee, his legal representatives, successocs and aasigns: 1. To pay W and singular the principal and intereat snd the various and sundry 9ums ot money payable by virtue of aaid pmmissory note, and this mortgage. cach and every, prompUy on the day9 respectively the saane aeveraliy become due. 2. To pay all and aingular the twtes, assessments, levie9, liabilities, obliRations and incumbrances of every nature and kind now on said described property, and %or that hereafier may be imposed, auffered, placed, tevied or assesaed theteupon, and/or that hereafter may be levied or a.ssessed upon this mortgage and: or the indebted- ness secured hereby, each and every, v?hen due and payable according to law, betore they become delinquent~ and before any interest attaches or anp penulty is incurred; and in so far as any thereot is of record the same shall be promptly satisfied and discharged of record and the onRinal off~cial document 1 such as, [or instance. :he tax receipt or ihe satisfaction paper officially en~iorsed or certifiedl shall be placed 1n the hands of said Mortgagee K~tnin ten days next after payment; and in the event that any thereof is not so psid, satisf~ed and discharged, said 1?tortgagee may at any time pay the san?e or any part thereot ~a-ithout wai~-ing or affecting any ~pLion, tien, equitv or right undPr or b3• ~•~rtuP of this martgage, and the full amount of each and every such payment shall be immediately due an~i paylbte and shall bear inlerest from the date thereot until paid at the rate of ten per centurn per annum and to~eth~r with surh interest shali be secured by the lien ot thia mortgage. 3. To place and continuously keep on the bwldin~;s now or hereafter aituate on said land fire and windstoem I~X lIDLUD insurance in tAe aQUat standard policy form, in a sum not less than i.... In such com- pany or comp,ties as may be approved b3 sa:d 1?Torl~;n~re: ami all such insurance policies on nny of said build- ings, any interest therein or pari thereof, in the a~~rekate sum a[oresaid or in excess thereof, shall contain the usaal standard mnrt~agee claitse mak~n~ the 1e,.9 urd<< said policies, earh and every, payable to said 1?tortgar gee as his interes[ may appear, as~d estch ar.d ei•e:y su~•h ~hcy ahal! be promptly delivered to and held by said 1lfortgagee; and, not less than ten days in ad~•an~e of the expiration of each policy, to deliver to sxid 7?torlRa~ee 8 rene~va] thereof, to~ether w•ith a receipt tor thp prPmium of an~h rPnewal: and thpre shall be no such ins~r- ance placed on any ot ~aid bwldinRs, any interest thereire or part thercof, unless in the form and with the loss papahle as aforesaid: and in the eti•Pnt any sum of money becomes payable under such pollcy or policiea sa~d Mori~agee shall ha~•e the option to recei~•e and apply the same on account of the indebtednesa secure~l hereby or to permit said :lfort~aRor to recei~•P and uce it or any pArt thereof for other parposes without lhereby waiving or impairing an~ eqaitp, lien or r~ht under or by ~•irtue ot tt?is mortgage: and in the e~ent said Mortgagor shall tor any reaso~ fail to keep the said pren~lsFS so insur~d. or fail to deliver promptly any of said pollcies ot insarsnce to s:~id :lfortgaRee, or fai! promptlv to p~y fully anp premium therefor, or in any re~pect tail to per- torm. d~scharRe, execute, etfect, complete, comply ~~~th and abide Dy thia covenant, or any part hereof, said 1?iortg- agee may ptace and pav for such inaitrance or xny part thereM withnui u•aiving or affecting any optinn, lien. equity or right under or by ~•irtue of this mort~a~e, an~l the full aolot~nt of each and every auch payment shall be fmmediately due and pa~•able nnd ahall besr intPrest fmm the date thereof untit paid at the rate of ten per centum per annum and togeLher with such lnterest shall be aecured by the lien ot thla mortga{~e. 4. To permit, commit or n~ffer no wasie, impairment or deterloration oi sald propertp or any part thereot. 6. To pay ell and afn~ular the co~t~, char~es and expenses, lncluding reaaonable lgwyer'e fee~ and co~t of abstracts o[ title, fncurred or paid at any time by safd Mortgngee bereuse andior ln the event of the failure on the part o[ the said MortgaRor to duly, promptly and fully peKortn, dlacharge, ta~ecute, effect, complete. complq vvfth and abide by each and every the sUpulatlona, agreemente, condiUons and covenants of sa?d pmmie- wry note, and thi~ mort~age, any or elther, and ~aid cnsta, charges and e~cpenaea, each and every, ahell be !m- mediately due and payable, w•heiher or not ihere De notice, demand, sttempt to collect or auit pending; and the fWl amount ot each and every auch pa}-ment ahall bear interePt trom the date thareof untll pafd ai the rate of tea per centum per annum: and alt aatd coeta, charqes snd eapense~ so lacurnd or paid, together with aucD in- terest, ~ha11 be aecured by the lten of this mortgage. = = 339 racr 24i1. ~ ° R 203 Q~~E 148i SLuf! - . - ` ~ . . ~ ~ a _ x~-~