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Home My WebLink About2712 6 s_18~~_~..~----- STUART, Fiarida, -~~--`~..~vG•----~-~--- ~QT=--- FOR VAWE RKEIVEQ,-th n ers: n ointl nd v al P OMI TO P Y to the order f_____________. bO~Hi eOU~tD 1~AT~~ ~ sy ~ni~i~ ~~~n ~a1c~ a `~ioo - - ~-------'~'r~M ~1 1l 011/iII~~tII~ 40~ DOLIARS, at - --or such othe~ place as the holder hereof may deaignste in writing, together with interest f~om date at the rate of per centum pe~ annum on the unpaid balance until msturiy. The said p~incipal a~d interest shall be due and payable =0110"f~ ! ' i190.~ t~o~ath, t!w !l~r~t p~~nt bsior dw on~ ~o~th lra~ dat~ ~ snd oontinw tar ~aae ~oat4 tMrialt~r etatii p~id. Thi~ ~n~ o! =1l0.84 p~aid ~sah aontti sball lir~t b~ 4s~?dit?~d to iat~rNrt r?nd t~ awind~s to thv prioaip~l o! t.l~i~ obliptioa. ~is a~vt~ ~ill b~ oa~pi~t~l~ ~id rith ~40 rontbl~ ~~ota o! =1l0.8S unl~q ~oo~ss ~r~p~id, Thi• noto a~a~t b~ Nr.ria ~t a.~r ti~. .iteeat ~.aal~~. ~ It defsuh b~ m~ fa _.___~Q d~ys in fl~f psyaiM! oi aMr 6+sf~IbMnt of principal a inn~Mt a snv w?~ ther~of. tM wAol~ swn ~Ira rem~tnlnp wpaid wi~h innnst sh~ll ~t lald~r's opt E~can~ dw ~nd paYab4 wi1AwR naic~. hilw~ ro~=Nds~ ~uch oprion sMll rw1 a wa~ver ot ehe ri9ht w~:~rc:w fh~ ~ in N+~ ev~nt of subi~qc~M d~fwlf. Ah~r maturiy bo~A piecipal and ~cawd in~u~st sMll bw inMM11 per ean?wn per ur+um 4nti1 p~ d TM ma~cas ~nd ~ndas~n oi 1Ais ewN (tMhM w~iv~ dMnand, notiq of rwn~ym~nt ~nd ptofest. If fhis noM is not paid at matw;h and NK s+me is plapd wiM ~n atloreNr for oolNet~a4 th~ nwkKS aed «+dws~n I~~of aprM 1o P~Y NI epta of oolNetion, iecluda?p ~II eourt coab and nason~bb aetomey fees. ' ` ~5~~~ L. ~~r8~ .TI~. . (SEAL) / ~ (SEAL) k . and shall duly. promptly and ittlly pertorm, discharge, execute, effect, completp, comply with and abide by each and every the stipulations. agreements. conditions and covenants of said promissory note . and of this mortgage. then thia mortgage and the estate hereby created shail cease and be nu12 and t~oid. It is understood that each of the wonis, "note," "mortgagor" and "mortgagee" respectI~•ely and the pron- ouns referring thereto, whether in the $ingular or plural anywhere in this mortgage, Ahall be aingular it one only and shall be plural jointly and sevetally. it more than one, and shall be masculine, feminine and/or neuter, whec- ever the context ao implies or admits. ~ ' And said Martgagor tor hfn~ae2t and his heira, legal representativea, successors and asslgns, hereby eoven- snta ana agrees Lo and with said Mortgagee. his tegal representatives. successors and assigns: 1. To pay W and aingular the principa! and intereat and the various and aundry aums o! money payable by virtue of aald promtaeory note, sad this mortgage. each and every. promptty on the daya respectively the same ~ aeverally become due, 2. To pay ull and ~ingular the taxes, as.9essments, levies, liabilities, obliRations and incumbrances ot every ~ nature and kind now on said described property, and/or that hereafter may be imposed, auffered, placed, levied or assessed thereupon. and/or that hereafter may be levied or as.aessed upon this mortgaqe andior the indebted- ness secured heteby. each and every, when due and payable according to law, before they become delinquent, and before any interest attaches or any penalty is incurred; and in so far as any thereot is ot record the sama shall be promptly satisfied and discharged ot record and the original ofhcial dceument (such as, for instance. ihe tax receipt or the satisfac:ion paper officially endorsed or certified? shall be ptaced in the hands of said biortgagee within Len days next after payment; and in the event that any thereof is not so paid, satisfied and discharged, said Mortgagee may at any time pay the sart?e or any part thereof vvithout wai~~ng or affecting any opti~n, lien, equity or right under or b} rir[ue of [his mortgage, and ihe full amount of each and every such payment shall be immediately due and payable and shaq bear interest from the date thereof until paid at the rate ot ten per centutn per annum and together with such inierest shall be secured by the lien ot thia mortgage. , S. To p1aCe and continuously keep on the bulldin~s now or hereafter aituate on said land fire and windstorm lnsurance in the ticual standard policy form, in a sum not less thart t.. ~X~~_ in such cora- pany or comp^nies as may be approved by sai~l 1?iort~arre; and all surh insurance policies on any of 9aid build- ings, any interest therein or part thereof, in the a~~regate sum aforesaid or in excess thereof, shall contain the j usual standard mortRagee ctau.se makmR the lu~s ur.d~r said policies, each and every, payable to said 111ortga- ~ gee as his interest may appear, and eACh ard e~•e:y su~•h policy shall be promptly deii~ered to and held by said j I?fortgagee; and, not less than ten days in ad~•an~e of the expiration of each poticy, to deltver to sxid Mortgagee ; a renewal thereof, toRether u•ith a receipt t~r the premii~m of nu~h renewal: and there ahall be no such insur- ance placed on any of ~xid buildings, any interest therein or part thereot, unless in the form and with the toss ~ payable as aforesaici; rtnd in the ez•ent any svm ot money become~ payable under such policy or policies said Mort~agee shall ha~•e the option to recei~e and apply the same on account of the indebtednes~ secured hereby oc ~ to pern?it said :KortRagor to recei~•e and uce it or any pnrt thereot for other purpose~ witho~t thereby waiving ~ or impairing any equity, lfen or riRht under or by ~irtue of thia mortgage; and in the e~ent said Mortgagor shsll tor any rnaso~ tail to kerp the said premises so in~urcd, or fail to deltver promptly any of aaid policies ot insurance to said AtortgaRee. or tait promptlp to p~y fully any premium therefor. or in any res~?ect tafl lo per- lorm, discharge, execute, effect, complete, comply ~~~th and abide by thia covenant, oc any part hereoi, said Mortg- - agee may place anA pav tor such inaurance or any part thereof without x•airing or atfect3ag any option. liPn, 3 equity or right under or by ~•irtue of this mort~age, and the fuU amount ot each and every euch payment shall be Immedialely due and payable and shall bear intPrest from the date therewf untll paid at the rate of ten per I centum per annum nnd Logether wlih such interest ~ha1l be aecured by the llen of Wa mortgage. ~ 4. To permit, commit or aufter no lraste, impafrment or deterioratlon oi aaid property or any part thereot. 6. To pay all and s3ngular the coats, chargea and expenses, including reasonable lawyer'e tees and cwt ot abstract~ of title, fncurred or pafd at any time by said ~iortgagee because and/or in ihe event ot the failure ; on the part ot the safd Mortgagor to duiy, promptly and tUtly perform, dtschargq ~a[ecute, eflect, com~lete, i comply x~ith and ~bide by each and every the stfpulations, agreements, conditlon~ and covenante of said pmmlr aory note. and thfs mortgage, any or etther, and sald cost~, chatges and expenees, each and every, ahalt be im- mediately due and payable, whether or not there be notice, demand, attempt to collect or suit pending: and the i full amount ot each and every ~uch payment ahall bear interest fmm the dnte thereof unttl pafd at the rate oi ~ ten per centum per annum: and alI eatd coete, charges bnd ezpense~ eo lncureM or pai~ together v~~ith euch !n- ; tersst, shali be secured by the lien oi thia mortgage. E : i 6UOK 2O4 PAGE ~711. BOOK ~OV P#~f ~U~~ ~ ~ ~ = ~ = ~ ' ' ~ ~r „ .