The URL can be used to link to this page

Home My WebLink About2329 ~ OL[~ ST~OI~IE BAI~ tOtLATERAL NOTE i_- ~ ~~Q• Due Loan Numbcr R. I.. , 19 ~ after date, tor raluc rertived, the undersigncd, joimy and se~enib•, promise to pay to the orSe~ ot Old Stone Savinrs Bank or OW Stone T~wt Company a~ ,hr,~ o,fi;~,,, R.,. FOURTY-FOUR THOU3AND 1>:,uen. AarinF depxited amt pkJ~eJ as colla~eral xc.untY (~~r Ihe paYmrnl ol Ihn nWt a?W any a~wf sll otAer IiaMGdes. due ot ~o become due. now exiiun` or herpfter arisinR hccr~n coUlCl~~tlY Ca11eA "siid I~ab~GUti'1 of ~M un~le~s~Kned, or any one ur morc o( them, io saia sa~inss Ba~lc ana wd 7rus~ Company, its ur their successon or assiY~n, the ~,~qow m~ property~ Mortgaga on property loeated at: - ; _ U.S. ,!1 and Palm Avenue _ Fort Pierce, P~ortda -~n~ ,tocts. bonds, or aher sccuri~ies cautitutia~t coltatenl. whether ot not a defauN exists. may he reYistered and htld ie the name of the holder or its nominee. Any deposits ot aher sums at any time credited by or due ftom eilher said Savinp B~nk or said Trust Company to or for any o( the undersi~na) or any et~dorsK ot ~uataalor !;~rr.>( artd any securitus w o~her propertY of any ot tAem in ~he possession ot the holdet maY at all times be held and ~teata! as collatrnl secu~ity tot the payment of said liabilities, ~~~.f chc M~Idu maY app1Y or st~ oli any such depus~is ami wms apimt u~d liabitities. The undersi~ocd. the endorser(s) and.or ~wraotorls) hercol. sppwnt the hoWe~ hereot his. !~cr. or ~heir aetotneY, to Aemaad, wi~hdraw. eolket. and receipt tor aay deposit or other sums in sarinRs accounUsl. checkin~ atcounUsl. or aherwix lo his. he~. ot Iheir credit :~i ~~r trom titM~ said savin6s Wnk w said trust company and to appty ehe same a¢ainu any ot a0 of ssid liabili~ies_ This note shaU. at the opion ot ~he holder. become immediatNY due and paYable Mithou~ nutice or demand upo~ any ot the (o1bN~nt e~rnts: f al if at any time the setutitY t.,r ,:,~d IiaMliues shatl be unsatisfactory ro thc hoklcr anA ehe ueM7ersisned shal! na nn Acmand furnish such tunher secunty as may lx sa~iafac~ory to the holder, IA) default in ~he mcnt or pc,-IMRIiMY of any obligatiun o( an~ of the unclenigned, or ot any endorser or ~uatantot ot any oblikatiun of tht wWen~~ned, to tht Aolder: (ci dtath, assi~nment t~~r cAe benefit ot ctcdUOn. business tailure ot. anachmem ot any o( the propertr o(. or the cummcocement ot any proceedinEs br ot aKai~nt an o( tAe undenisoed. endorser, or n ~uar.~ntor undet any Faferai or uate IaN relaUng to bantruptcy, insolr~ncy, or rcceirenhip, or (d) it therc is such a change in tAe cwWitioa or a airs Ifiruncial or dhera~ise) ot aey .~t ~hc urtdersisned. endorxr. or Buanntor as in the opinian. ot tAe hulder will impait its securitY ~ increase its rist. The uodersi~ned hcteby authorin the holder. oa the breach ot anY asreement conained he~ein or the noapayment o( any ot IAe liabibties memionaf abore. u aod hrn due, ot the occutrcnce ot any ot the ereqts specified in the precedins patasraph, or at any time or times thereattet, to xU, aui~tn, and deliver the whok or aey pan o( any Frnperty v~hith is co(lateral secufity ht~eundt~, or any wbst~tu[a therefot, or anr add~tio~ therelo, a1 any broke+'s board or al public or Prirate sale, demand, adratisement, and n.~ci.c be~na e:pressly ~raired. and maY P~rchase anY of the same at any public sak. or at brokci s board. discharged ot all ri~h~ ot redemptan. WAerc cdlatenl cwnists o1 propettr .~•hrr than securities or dcposi[s. the same may be sold. aui~ned atfd detirered u in the ptecedinE senleace, or the hulder mar eaercise the riRhts ot the u~deni~nal. in the name .~f the undenipfed or in iu own name, to colkct amounts due the undersi~ned on wcA collateral, to toreclose any lie~u in taror ot the undersi~nM contained in sucA collateral, ~+r ~~~herv~ise to realix upon or dea! with wcA cd)steral, cteditina any amountz realind trom wch collatenl apittst said liaDiGties o( the undersiEned. 1t on any detaWt this note is rc(erred to an attomey tor mpectioa, there shall be due (~~m the uudetsi~ncd, in addition to tM unpaid principal plus intetsst at the rate o/ 6!4 ~rr ~nnum trom due date. a reasonable attornty's (ee, all cous and eapenxs oi wch action, and all costs and eapenxs ot tAe sak ot tAe collateral security. The undersi~ned and any endorser and guarantor ot this oote. ot the obliEation rcprcseMed Aerebr hereby <a) waires prpentmenl. dcmand. eotice. protat. and all other ~ ~rmends and nolices in conrecuun with the delirery, acccplance, pcrtormance, detaull, or n?forecmrnt of ihis note, and (b) assents to anr eatension or postpa~emeM ot the time ot ~+ay m~nt ot any aher iadul~eence. to any wbstitution or releax o( collatc~al, and/ot to the addition w rekase ot any aher party ot person Iiable Ixreon. A rairer by the holdet .,n any one occasion shall nat be construtd as a Dar to or waiver W anY risht andior remedr on any (uWte occasion_ SIt;vATUABS: :Si~n luL name in ink- ADDRESSES: (Give complete taidential address) do not print ) V. .N AL Y, INC. 7?7 DEDHAM STREET, CANTON, MASSAC~IU3E t ~ sorro~rer: ' ~ Co-!NsYet:BY ~ ( Wife or husband ot bo er) Co-~taker: e ~ } ~ t c>sg-La txe.. a;~o~ No Florida Documeatary Stamps have been affixed ta the original note secured hereby, as the Note was aot made, eaecuted, delivered, aold, traneferred, assigaed or made payable in the State of Florida ana anall auly. proa~tly ana rully tperform. di,charga execuce, ercect, comp~etR eou,ply .?1tL ana aMae ay .acb - and every the stlpulaUons. agreements, coaditions and covenants of sa~id prorrus~ory note atW o! tl~Is mortga~s„ then this mortgage and tbe estate hereby crasced ah311 ceaae and be null aai votd, - It is underatood thst each ot the words, ••note," ~mortgagoY' end ~•mortgagce•• respccUvely and tt?e pron- ouns referring Uuereto, wheWer In the singutat or plural anywrhere in thi~ morigag~, shall be 1f ona and ahall be plural iointly end severally, if more tAaa oae. ~nd ahall be tnasculine, feminitse ari~~uter, whe~ry. sver the oontext so impUes or admiL. , And aald ldortga~or tor hfm~eU and hi~ heir~, legal npresentstiv~, suoce~ora ~d aat~ ara agrees io and witl~ asld Yostgagee, hL legal repr~entatives, succeasor~ aAd a~si ~~r oovea-. To P~sY W and singtilar the principel and interest and tAe varfous and aundry sums oi moneY WYsDIe b7? virtve oi said promissory note, aad this mort8a80. each and sver~?. P~PUY on tLe dsy~ respectireq tbe sam~ ~everally becaans dus. . ~t ~~paY~W~ ~aingulsr~~e~ es, aasesemeats, teviea, liabiliUd, obUgaUone aad lncumbraaces ot eve.r~ Pnopcrly. and/or that hereattes msy bs impwed. a~ftered. Pla~l. levied or aasessed thereupon, and/or that hereafter may be levied or aa~essed upon this mortgage and/or We indeDted- ness seeured hereby. eacb and every~ when due ~nd payable acoording to Lw, before and beiore any interest attac6r~ or any penulty b Incurred; aad in so far as any theceoi~ia ot~e~eoorA t1~e shall bs prompUy aattsfied and discha~ged ot r~cord and the origina! ottidal documeat (snch as, tor instaAC~, the tax recelpt or the aetistnctiaa p~yr offiCiaUy endor~ed ar oertKied) sh~tl be placed tn the Land~ ot saia Mortgagee within ten daqs nezt aft~c ~ayr~qent; wd !a the event that any tLereoi is not so psid, ptistied aad . .r _ 2 _ ~ ~ _ ~^'~`y'' x~ ~~~r}~.<s~s `~-S 3 . - - _ . ' ~ - - . . _ ~ .