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Home My WebLink About2615 C~~ r.___ - -rc.ti-xt-~=~..-~.~-,..-~ti.~ _ti ~ i June 5, is. ' t ~ S =7.Q.-2.QQ.. Q.Q STUART. Flosi3a. . ; ; • :'GR VI~LUE HECEIVED. !he unde:signed, joinlly and se~ecally. PROMISE TO PAY fo i};e orde: ot _ . . . . . . ~ rati ida Cor on a F1 r rC o . ,:~~v-- ER SON I ~ ~ . .,RD ~•SILL.. . . 5~ . . • . . . . . . . . . . . , ne :=•.:ndred Seventy Thousa»d ~~Two ~uridr'e3 "ana ~~NO/1"0~---~=~---~=~--='='~~---==- DoLLxas. i _ . . _ . . . ~ h 1h I !h h Id ~ ; _ _ _ -'111 - . 3... . . .....or suc o e: p ace as e o er ~ ~ t~txs~ ~ , ~ i972?. . cf r.-e~• dPSi~a!e ir. vrzi!in~. fog~lhc: wiih infetes• lto:n~c».:«•::t !hc rel~ ct p~~r ccs::un: pcz nn:-~rn o:z 1!:r l:Ci 31~] .~.^r~ ur..". r.iei~:iiy. The sei4 p:inr.;:ai t:.3 irl~res: si.~.11 ~c ci~c sr.d gsy::L•.r :s :c:iows: i 1~,~ t:~ ) •~(3lii: 1, .i ~~:..:::~ual installments of $34,040.00 ot the principal plus interest then due i:rcn the ur.paid balance on the 3rd day of August, beginning August 3, 1973, kt:~nc continuing annually thereafter until the principal and i.nterest shall be ~`;zlly paid. The 1?iaker may prepay all of the unpaid principal at any time be~ore due without payment of premium therefor or may prepay any part of the S~ ~rincipal without payment of premium therefor after January l, 1973. ~ e~ If delault be made [er .._..7.Q__._. dar~ in t6e payment ot anp ieatal4uent o( prlecipal or intereat or anr arl 16ereof, tAe vhole ~um then rcmainin~ i E uepald vi1A intert~t sAall ~t heldtr'~ option Vecome due and payable ~rit6out nolic~. Failure te e:erciae suc6 oplio~ aA~II not tenstitute-~ a.+ai~~er ol the >~~ht to eaercise tae same jn the weol e[ •ub~equent dc(aulf. Atter maturity both princioa) and accrued interest sA~ll b~ar interrst at _.pcr cenwm ytr arnum until osid. Th~ ~~kera ~nd ~adnrs~~s of this aote fu?ther w~ioe demand, aotice of non•paymret and proteat. it this note is not paid at maturity and t~e same is piaced .+itA wn attoraer (or euitection, the wakers ~od tadorsers hercot a~rte tu pay all costa ot cdleclion, ia~iudinr all court coats and ~NSOnable •tteraer lees. ii ' ' ST[JART ST. LtTCIE ESTATES, INC. ij (Corrorate Seal) t~ T I t BY=..Sj.-•.U.Q~~ _L~?.kS~.~-...t..~~.--- ...................._..._(SEAL) Joseph G a, Jr., Vice-President , sf :~t:cst: --.-.--.l5ERL1 . ItS ~ ' f 1[ ~''~S ~ • - C ~ ISEALI j~ "~`~nC.i.~....K.~_._B~z~kley:' ~Secreta - - ~ y~--- and shall duly, prompUy and fully pertorm, discharge, execute, effect, complet~, comply with and abide by each and e~ery the stipulations, agreements, conditions and covenants of stid prom~ssory note and ot this mortgage. then this mortgage and the estate hereby created shall cease and De nutl ana ~•oid. It is underatood that each ot the wonls, "note." "mortgagor" and "mortgagee" respecti~ely and the pron- ouns refemng thereto, whether in the singular or plural anywhere in thls mortgage, ahall be aingular if one only and shall be plural joinUy and sevErally, if more than one, and shall be mA.4culine, feminine and/or neuter. wher- ? ever the rnntext so implies or t~dmits. And said Mortgagor tor himselt and his heirs, legal representatives, successors and assigns, hereby coven- 1 ant~ ana agrees to and with eaid Mortgagee. his legnl representatives, successors and assigns: l. To pay all and singular the principal and intereat and the various and sundry sums ot money payable by virtue ot said pmmissory note. and this mortgage, each and every. promptly on the days respectively the same , aeverally become due. I 2. To pay all and aingular the ta~ces, assessments, levies, liabilities, obliRations and incumbrance9 ot every nature and kind now on said described property, and/or that hereafter may be imposed, auffered, placed, le~~ed i or assessed thereupon, and/or Lhat hereafter may be levied or assessed upon this mortgage and/or the indebted- ness secured hereby. each and every, when due and payable accoMing to law, before they become dellnquent~ ared before any interest attaches or any penalty is incuned; and in so faz as any thereof is of record the sama ~ shall be ptvmptly satisfied and discha eed of record rind the onginal offlcial document (such as, for instance, :he tax receipt or the satisfaction paper officially en~lorsed or certifiecil shall be placed in the hands of said Mortgagee v~~thin ten days next afier paymeni; and in the e~•ent that any thereof is not so psid, satisfied and discharged, said Mortgagee may at any time pay the same or any part lhereo[ a-ithout wai~~ng or affecting any option, lien, equity or right under or b~ ~•irtuP of this mortgage, and the full amount of each and every such payment shall be immediately due and r~ayable and shall bear interest from the cinte thereof until paid at the rate of ten per centurn per annum and togethFr with such interest sha11 be secured by the lien of thia mortgage. 3. To place and continuously keep on the buildin~a now or hereafter attuate on said land fire and windstorm - value lnsurance in the ucual standard policy form, in a sum not less than s.highest_._insu~aJ~~,e i~ e„~h ~o~- pany or comp^nies as may be approved by sai~l btort~a~i~e: ami np such insurance policies on any of said build- ings, any interest therein or part thereof, in the aR~r~gate sum aforesaid or in excess thereof, shall contain the usual standard mort~agee clause makinR the lu~s ur.d~r a~?id policies, each and every, payabte to said 1ltortga- ~ gee as his interesL may appear, and each a::d e~•e:y si:~•h ~licy shall be promptly deli~•erM to and held by said 1?Iortgagee; and, not less than ten days in ad~•an~e of the expiration of each policy. to deliver to sa[d btortga~ee a rene~val thereof, to~ether with a receipt f~r thP pr~mii~m ~f Qi~~h r~newal- and there shall be no such insur- ~ ance placed on any of ~aid buildinRs, any interesi therein or part thereof, unless in the form and with the losa payable as aforesaid: and in the e~•ent any sum of money becomes payable under such policy or E+olicies said MorC~agee shall hare the option to recei~•e and apply the same on account ot the indebtednes~ secured hereby or to permit sa~d :ltortRagor to recei~P and uce it or any ~art thereot for other purposes without thereby waiving or impairing anp equity, lien or ri~ht under or by viriue of this mortgage; and in the event said Mortgagor shall for any renson [ail to keep the said pr~mis~s so in~ur~d, or fail to dellver promptly any ot said policies ot insurance to said rtortgaRee, or fail promptlv to pay fnlly any premium therefor, or in any respect fail to per- d form, discharge, execute, effect, complete, comply ~~-ith and abide by this covenant, or anp part hereof, said 111ortg- ~ ~ ageP may place and pay for such insurance or :ufy part thereof without waiving or atfecting any option, leen, equity or right under or b~ ~~irtue of this mort~aRe, and the full ~mount o[ each and every such payment shall ~ be immediately due and payable and shaU bear into~est from the date thernof until paid at the rate of ten per ~ centum per annum nnd together with such interest shall be secured by the lien of thie mortgage. ~ ~ ~ 4. To permit, commit or ~ufter no waste, impairment or deterioration oi said property or any part thereot. ~ 6. To pay all and sin[~ular the costs, charges and expenses, including reasonaDle lawyer'a feea and cost of ~ abstracts of title, fncurred or paid at any time by said Mortgagee because andior tn the event ot the tallure on the part of the said Mortgagor to duly, promptiy and hilly perfotm. diacharge, eacecute, effect, complete. ~ complq with and abide by each and every the stipulationa, agreements, conditlons and covenanta of sa~d pmmi9- : sory note. and thls mortRage, any or either, and sxid cost~, charges and eapenses, each and every, ahall be im- ; mediately due and payable, whether or not there be notice, demand, sttempt to collect or ault pendtng; and ths ~ full amount o[ each and every euch pavment ahall bear interest from the date thereof uatll pald at the rate of s ten per centum per annum• and all asfd coeta, chargea snd expenaes eo lncurnd or paid, toge[her with auch in- ~ ~ terest, shall be eecured by the lfen of Ws mortgage. ~ ~ ~ t _ . eoo~2Q4 Pa~E2f~14 ; . , ; ~ . ~ . _