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Home My WebLink About1629 i^.~-T~~•~.~_ STUART, ~lorida, , FOR VALUE RECEIVED, the undersiflned, jointly and severally, PROMISE TO PAY to ths order of___ . J;.'i~ty ~s ~~oc~di 5 . -----~Th;~uaar~ t~'i ~e c ~dre~ ~ nk~ corQor~tiog,______~-----, ' no/ at _~c'_ r, ~ ' Io~~a~ ---------~-ocx~ hereof iney designate in writi --o~ such othe? place as the hc. ng, together with interest from date at the rate of ~ u~paid baiance until maturily, 7he said prFncipa~ end inbrest shaN be due ar~d ~ntum per•annum on : ~112.?T a n~ntp, the lir~! FA3'mQn~ being due ~ne my~nth troel:~~te And ~'~~~t~nc3nq ~or eacC tnontD therekfter antt2 .oaid each nonth ~hall fir~t be credited to lnterest~and~th~~remalRder to the priuclp~t1 0~ thit obllg~t3Qn~ Thie note ~rill be cec~Fletsl~ p~id with 1Z0 r~onthly paynents o! ~112~qT, unleas eooner p~ep~id. This not• ma~ n~ prepaid at any tlme wit6out peaalt~. li dKwh b~ e~ fo~ -i~_~--- ~MO~id wilh N1MNf {~1i11 ~t ~1p1~/'~ pp~j~~,~CO1M dY~ ~ ~~«1f O~ OtIfK~ O? ~IMMMf O~ ~o ~aNC+N tM ~anr in My ~v~M of wYabM wiMaA nak~ F~ilwe b~i +~w p+~? N~~of, tir wAoM a~n Mw~ w,tif ~ 1A~ nyk~rs ~nd ~yn p/ N~is ~wN furN»r w w~~~ i~ ~MII bwr inNhaf at 1:,~~ • w~irM of dr r'y~j~q vlaad wt~A an ~nwn~y Iw colMdian, qr n~k,~r~ ~nd ~ndorw~ hw~iof~'p~N~~ ~~~~and P~orast. li Mb eoN a nof Wid M w~itY a~i+d tM ~+~a ~~cludriY all oawf oo~b ~nd rwotip~ ha. I+ ~ ~li~itl~J$~ ---~---(SEAL) ~ (SEAt) ____~_________---------------.-----(SEAL) and shal! duly, promptly and fully pertorm, discharge, execute, etfect, complete, comply w~th and abide Dy each and every the stipulations. agreemenls, conditiuns and covenants of said prom~ssory note and ot this mortgage. then thia mortgage and the estate hereby created shall cease and be nuU and void. IL is understood that each of the Honis, "note," "mortgagoY' and "mortgagee" respectively and the pron- ouns referring thereto. whether in the singular or plural anywhere in thla mortgage, ahaU be singular if one oNy end ~hal1 be plural jointly and sevetalty, if more than one, and aha}I be masruline, feminine and/or neuter, wher- ever the context so implies or admits. And ~aid Mortgagbr for himself and his heirs, legal representatives, successors and assigns~ hereby coven- anta ana sgreea to and with said I?iortgagee. hia legal representatives, succes~ors and assigns: l. To pay ell and eingular the principal and intereat and the various and sundry sums of money payable bp vlrtue of said promisaory noL~ and Lhis mortgage. each and every, prompUy on the daya respectively the same aevetaUy become due. . 2, To pay all and singular the txxes, assessments, leviea, llabilities, obtigations and incumbrancea of e~ery nature and kind now on sa?id described property, and/or that hereafter may be imposed, euffered, placed, le~~ed or assessed thereupon, and/or that hereafter may be levied or assessed upon this mortgage and!or the indebted- ness secured hereby, each and e~•ery, when due and payable aca.wrciing to law, before they become delinquent, nnd before any interest attaches or any penalty is incurred; and in so far as any thereof is o[ record the same shall be prompUy satisfied and discha sed of record and the oriRinal of[icial document (such as, tor instance, :he tax receipt or the satisfaction paper officiatly endorsed or certified? shal! be plaeed !n the hands of said ~iortgagee within ten days next after payment; and in the event that aay thereot is not so paid, satisfied and discharged. said 1?iortgagee may at any time pay the same or any part thereof w-ithout wai~~ng or affecting any opii0n, lien, equity or right under or by ~•irtue o[ this mortgage, and the full amount of each and every such payment shall be immediately due and {~ayable and shall bear interest from the date thereof until paid at the rate of ten per centurn per annum and togetner with such interesi 9ha11 be secured by the lien of this mortgage. 3. To place and continuously keep on the buildin~a now or hereafter aituate on said land rre and windstorm insurance in the usua! standard policy form, in a sum not less than s..........Maximum !n auch com- . pany or comp^nies as may be approved by said Alori~a~ce: xnci nll such insurance policies on ar?y of said build- ings, any interest therein or part thereof, in the a~~reKate sum afornvaid or in excess thereot. shatl contein the usnal standard mort~agee clause makinR the l~~~s ur.d~r said policies, each and every, payable to said Aiortga- gee as his interesi may appear, and each and e~•ery su~•h ~licy shall be promptly delivered to and held by said _ b[ortgagee; and, not less than ten days in ed~•an~e of the expiration of each policy, to deliver to snld 1~tortgaRee a rene~val thereof, together v?ith a receipt fnr the premii~m of qu~h r~newal: and there shall bc no such insur- ance placed on any of said buildinRs, any interesi therein or part thereof, unless in the form and with the loss payable as aforesaid; and in the e~ent any sum of money becomes payable under s~tCh policy or policies said Mort~ag~e shall ha~e the option to recei~e and arply the same on account ot the indebtednese secured hereby or to permit sa~d :lfortRagor to re~eive and u~e it or aRy pnri thereof for other purposes wiihout thereby waiving or impairing any equity, lien or ri~ht under or by ~ irtue of this mortgage; and in the event said Mortgagor shall tor any maso~ fnil to keep the said premisPS so insurnd, or faii to deliver prompUy any of said policies ot insurance to said 21LortgaRee, or [sil pmmptlv to ~1y r~~uy any premium therefor. or in any reapect fafl to per- form, discharge, execute, effect, complete, comply «~th and abide by thi9 co~enant, or any part hereof, said ~lioctg. agee may place and pay for si~ch insurance or any part thereof without waiving or atfecting any option, liPn, equity or right under or by virtue of this mortRage, and the full amount of each and every euch pay~nent shaII be immediately due and payabte and ahatl bear intprest from the date thereot untll paid at the rate of ten per centum per annum nnd together with such interest shall be eecured by the lien oi thie mortgage. 4. To permlt, comrr~t or ~i~tter no wasie, impairment or deteriotation oi sald property or any part thereot. 6. To pay all and a3ngulat the costs, charges and expenses, including reaaonable lawyer's fees and cwt of nbstracte of tiqe, incun~ed or paid at any time by sald Mortg4gee becauee end/or in the event of the failure on the part ot the satd 1liortgagor to duly, prompily and te~lly pertorm. dlacharge, ea[ecute, etfect, complete~ comply v~~ith and abide by each and every the stlpulatlons, agreementa, condiUona and covenanta of sa~d pmmfa- sory note, and thia mortgage, any or either, and said costs~ charges and ezpenses, esch and every, ahall be im- mediately due and p~yable, whether or not there be notice, demand, sttempt to collect or eult pending: and the iUll amount of each and every euch payment ahall bear intereat irom the date thereoi untq pald at the rate oi ten per centum per annum • and all eatd cwte, charges and expense~ so lncurnd os pald, together with auc6 in- tereat, ~hall be secured by the l1m ot this mortgage. 6UOK 2U~ PAGE16~ v. - _ _ ~ ~ ~ , ~.:x:. ~ ~ vr"~'~v>:--a h v~~~~.i"a ~ . . . ~1~E' ~'~~„~~s,'~ _ , _