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Home My WebLink About0513 ti S-- l.~ s.Q~~~------ STUART, Florida, _~O~bHt 19Z1_.. FOR VALUE RECEIVED, the undersigned, jointly and severally, PROMISE TO PAY to the orde~ of_______________._._._____________.______ J~~11 ~ACB $~(,[f t tl~ori~ HaOk11'~_ Cnrrnrstien___----__.._.._----------------------- ` ..r_w ---------------,-w----(~-- ~~4i~ild ~~~~~~~.~~~N~~NNN~~~~~NM~~~~~N~~~N~N~M~~LMQ~7~ at .Te~~_~iUah I'l~ids ______or such other place as the holder hereof may designate in writing, to~ether with interest from date at the rate of per centum per annum on the unpaid balance until maturiry. The said principal end interest shall be due and payable i/ lOllO~t i ;14~.~L6 a tonth~ tti~ iir,! payaon-t bsinR da~ oae ~onth iro~ d~te~ an?d oonti~us ior •acb aontti lh~r~sit~r until p~id. Thi• etu~ o! ~148.4a p~id eacd aonth elutll tirst be credited to intareet •nd ths re~ainder to tti~ pri~oipal o~ ttiis oblisatioa. T'h1s note will b~ corpletely puid •itb 1~0 ,onthly pay~eat~ oi i119.46 unleao eooner prspaid. ?tiis aote ssy be prep~?id 4t an,~ tiiae ~ithout p~aalt~. If d~f~uh b~ e~~ for sO---~ d~y~ le IM WY~~ ef aey iertaMm~nt of w~c~Wl or InMtMt w ~nY D+h tMtwf. 1M whd~ swn tlyn .«naininp ~„np~id wid+ inwnt ~MN af holdn's an b~can~ da ~nd pw~b4 wiMwvl eoHa. F~ilun b~~aciw wcA op„on aM0 not Ghra a w~ivw ol ~M riqAt fo ~a~rciH 1M in ~M ~v~nt of ~.w~t debult AfN? nrhsily boM pAnaWl ~nd ~arwd inMrut sA~ll b~ar inh?~at at p~r centvm pu ~nnwn ~~ril paid 1M m+k~n ~nd ~ndon«s of Mis nw~ (wtMr wav~ d~nund. notia~ of non~ynant and p~wNt. If Mis noN ia not pa it ma~urity and Nw s~nr is plactd wilA ~n uarn~Y for eolMction. NN nMkMS and ~ndonus hMwi peN b o~y ~11 toaM o1 aolNc~ion. ieCludieq dl eowf cotb ~nd naoMbb ~ftornty h~a. ~I~RIZ~ . ~Yr~il3 . ---------------------------------------(SEAL) -(SEAL) and shall duly, promptly and fully perform. discharge, execute, effect, completP, comply wtth and abide by each and everv the stipulations. agreements, conditions and covenants of said prom~saory note and of thia mortgage. thea this mortgage and the estate hereby created shall cease and be null and vofd. It is understood that each oi the wonls, "note," "mortgagor" and "moRgagee" respectlvely and the pron- ouns referring thereto. whether in the singular or plural anywhere in thia mortgage, ahall be singular ft one only and shall be plural jointly and severatly, if more than one, and shall be masculine, feminine and/or neuter. wher- ever the oontext so implies or admits. And satd Mortgagor for himselt and his heira, legal representatives, successors and asslgns, hereby coven- snt9 ana agree~ to and with eaid Mortgagee, his tegal representatives, successors and assigns: l. To pay all and singular the principsl and intereatand the various and aundry aums of money payable by virtue of said promissory note. aud thi~ mortgage~ each and every, promptly on the daya respectively the same i eeverally become due. ~ 2. To pay all and aingular the tnues, assessments, levies, liabilities, obligations and incumbrances of every ~ nature aad kind now on said described property, and/or that hereafter may be imposed, suffered. placed, levied or assessed thereupon, and/or that hereatter may be levied or assessed upon this mortgage and/or the indebted- ~ ness secured hereby, each and every, when due and payable according to law. before they become delinquent~ and before any interest attaches or any penatty is incurred: and in so tar ss any thereot is o[ record the same shall be prompUy satisfied and discharged of mcord xnd the orii;inal of[icial document (auch as, tor instance, :he tax receipt or the satisfaciion paper officially endorsed or certified) shall be placed in the hands of said Mortgagee within ten days next atter payment; and in the event that any thereof is not so paid, satistied and ~ discharged, said Mortgagee may at any time pay the san?e or any part thereo[ w-ithout wai~~ng or affecting any option, lien, equity or right under or by cirtuP of this mortgage, and the full amount of each and every such payment shall be immediately due and ~ayable and shal! bear interest from the dxte thereof until paid ~ at the rate ot ten per centum per annum and together wilh such interest shall be secured by the lien ot thia mortgage. 3. To placo and continuously keep on the buildin~s now or heceafter ettuate on 9aid land flre and windstorm insurance in the u.sual standarct policy fortn, in a sum not less than =......_...__~aX1mWn-------------•...--,---., in such com- pany or comp^nics as may be approved by sai~l blort;,arce: and all such insurance policies on any of said build- ings, any interest therein or part thereof, in the a~~regate sum a[oresaid or in excess thereot, shall cuntain the usual standard mori~agee clause makinq t}~e locs ur.d~r a-tid policies, each and every, payab)e to said Mortgar gee as his interest may appear, and each and e~•ery su~•h policy shall be promptly delivered to and held by eaid 1?iortgagee; and, not less than ten days in advanre of the expiration of each pol3cy, to deliver to snid btortgagee . a rene~val thereof, to~ether With a receipt for thP premium nf qurh renewal: and there 9ha11 be no such insur- ance placed on any of sald buildinga, any interest iherein or part thereot, unless in the form and with the lose payable as aforesaid: xnd in the e~•ent any sum of money become~ payable under anch pollcy or policiea said Mort~agee shall have the oplion to recei~•e and apply the same on account of the indebtednes~ secured hereby or to permit eaid Mortga~or to receive and use it or any pwrt thereof for other purposq without thereby waiving ~ or impairing an} equity, lien or riRht under or by ~ irtue of this mortgage; and in the event said Mortgagor ahall ~ for any reaso:? fail to keep the said premis~s so insur~d, or fail to deUver prompUy any ot said policies of ~ insurance to said 1?{ortga~ee, or fai! promptly to pay fully any premium therefor. or in any reapect tail to per- form, dischar~e, execute, effect, complete, comply ~~~th and abide by th3a covenant, or any part hereot, said Mortg- agee may place and pa~ for such insurance or anp part thereof without waiving or affecting any opiion, lien, ; equity or right under or by ~•irtue of this mort(~age, and the full a?nount of each and every auch payment shall ~ be immediately due and payable and shall bear intPrest trom the date thereot until paid at the rate o[ ten per centum per annum xnd toge[her with auch interest shall be eecund by the lien oi thls mortgage. To permft, commit or aufier no weste, irr.pairment or deterioration of eald pmperty or any pari thereof. b. To pay all and aingular the costs, chargea and expenses, including reneonable lawyer's tee~ and cwt of abstracts ot tiUe, lncurred or pald at any tlme by satd I?tortgagee because and/or tn the event of the tailurs on the part ot the safd Mortgagor to duly, promptly and. tully perform, dlscharge, e~cecute, elfect. complete, rnmplq with and abide by each and every the stlpulatlona, agreements, conditlona and oovenants of said promla- sorq note. and thi~ mortgage, any or etther, and said costs, charge9 and expenses, each and every, shall be fm- mediately due and payable, whether or not there be notice, demand, attempt to collect or nult pending: and ihs full amount ot each and every auch payment ahnll bear intere9t trom the date thereof unUl pald st the rete oi . ten per centum per aivium; and all aafd costa, charges and e~cpenea~ so /acureed or paid, together wlth sucb in- terest, shall be s~cured by the lien of Wa mortgage. ~ a~ox204 PacE 5~3 ~ G ----,w ..~~:v 3i.fL...:; . zs~ ~ L. . ~ -'--'^v~'a„