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Home My WebLink About1179 :ti,. 'w~v'•Mkt,h~,.~.ti~+.~ ~z 13 J~~.~O ~+u ca _ ti• -j STUART, Flo~ida. ------=---~-----t---~~~~ 19?~_-- ~t~ FOR i~AIUE RECEIVED the undersigned, jointly and severally, PROMISE TO PAY to the order of._.___.__. _ . _ . _ J~..-::::~~ ~3F~`,:j ::,.~i~K~--u__Fl~~~iu;~ l~anl::~~ _-~aL_par~------0°-----------------------------------_-- : - ~ T::irteeil Thu::s~.n.2 nu::__no__T_i_t?0~- :.',-:'.-_-'..."_-..-_~ouaRS, _ at Jcu~:sR__B~aCh1-- F3.o1 ida------_-~--~_____~ or such other place as the holder ~ hereof may designate in writing, together with interest from date at the rate of - pe~ centum per annum on the y~ unpaid balance until maturiry. The said principal and interest shall be due and payable a;, Yu11~wb: ~1~4.32 a~uatL, t~a Iii•~t p.eyeea~ i~eing c~ue c.a~ ~onth fra~ oate, aad ~ continuiag for each 4oat6 thereatter uotil ps?id. Thie sum o~t $15~.3Z p~id each bonth ehall ~ir~t be credite~ to iotereat add t~e reaaiuder i to the principul ot thie obligation. Thi~ noto vill be co¦~plately paid rith 120 ~oattily psyaobt+~ of ~1b4.3~. unldr~ aoonor prapaid. T4io aoto i ~ay b~ prepsid at any ti~ •ithout ponalty. ~ If dei~uN M mad~ fo~ 9U---. d~ys in 1M paymMt of any inshlYn~nt of princip~l ot inMr~sf a ~ny p~n tMteof, ~M whol~ s~m N.a+ re~r., n:nq ~ • unpaid w~M ~o~e.e~t aMll u holde~'s oprion b~cprr dut and pavibb witAovl ~a~n. Fu1w~ ~o •:~rc~s~ sucA option shall no~ c y~ute a wa~ver oi the r~qh~ w~aerc~s~ ~M saen~ ~n M~ ~wnt of s~hsev:+~nt default. Afrer marur~~y AoN~ pcoda~ and accrwd interpt sh~ll bear in~e.eat at per cenium per a~n.,m = ~nr~~ pa~d. TM m~ken and endors~n o/ Mts no4 iwH~r wtiw d~mand, notip of noo-paymant and w~s+. If th~s r+ore is not p~~d N marwnr ~nd rhe srme iti •i o~+c~d w~th an anorewy fa cdNct~an. tM maleen ~nd ~ndon~rs Mrwf prN b P+Y dl toab of tolhctioe, incfudmy a11 covrt cosn and reuonabb anomey fees. ~ ~ s ~ - - _ (SEAC) ; • : :.a.x+t.: ? , - . ; (SEAI) r - _ tJ- : _ (SEALI ~ Al~f"YABT~-, - - . : :~.kti, 'wk+fi~titi~W~s'h.'~iw'~,}~:».~'h'~v'~'wS».k~C?+~r'~,:»:N"~v'h'?ti~.'k-ti : :-s..;..~~;~ and shall duly, promptly and fully pertorm, discharge, exccute, effect, completP, comply w~th and abide by each and everp the stipulations, agreements, conditions and covenants of said prom~s~ory note and ot thia morigage. then Lhis mortgage and the estate hereby created shatl cea4e and be null and void. IL is understood that each of the wonls, "note," "mortgagoN' and "mortgagea" respectively and the pron- ouns referring thereto, whether in the singular or plural anywhere in thie mortgage, ahall be aingular f[ one only ~ and ~hall be plural joinUy and severally, if mure than one, and sha11 be ma9cvline, feminine and/or neuter, wher- ever the context ao implies or admits. And sald Mortgagor for himseli and his heirs, legal representatives, successors and esslgns, hereby coven- ant~ ana agrees to and with aaid Mortgagee~ hia legal representatives, successors and assigns: 1. To pay all and singular the principal and interest and the various and aundry suma of money payable b~? ` virtue of said promissory noLe. and thia mortgage, each and every, promptly on the days respectively the same aeverally become due. 2. To pay all and aingular the tsxes, asqessments, levies, liabilities, obllgations and incumbrances of every nature and kind now on said described property, and/or that hereatter may be imposed, suftered, placed, levied or assesaed thereupon, and/or that hereafter may be levied or assessed upon this mortgage andior the indebted- ness secured hereby. each and every, when due and payable accorciing to law, before they become delinquent, nnd before any fnterest attaches or any penxlty iv incurred; and in so far as any thereof is of record the same shall be prumptly satisfied and discharged of record and the oriRinal official document (such as. for instance, :he tax receipt or the satisfaction paper officialty endorsed or ceriified 1 shal! be placed in the hands of said Mortgagee within ten days neat after payment; and in the event that any thetrof is not so paid, satisfied and discharged, said Mortgagee may at any time pay the same or any part thereof K-ithout wai~~ng or affeciing any option, lien, equify or right under or b~ ~•irtue of this mortgage, and the fuli amount oi each and every such payment shall be immediately due and payabte ~nd shall bear interest from the dxte thereof until paid at the rate of ten per centurn per annum and together wilh such interest shall be secured by the lien of this mortgage. 8. To place and continuously keep on the bwldin~a now or hereafter aituate on said land fin and windstorm ~aX11nllID such com- insurance in the usual standard poliry form. in a~~m not tess than i-• pany or comp^~ies as may be approved by sai~l Dfortfia~ce; and all such insurance policies on any of said build- ings, any interest therein or part thereof, in the a~~regate sum aforesaid or in excess thereof, shall contain the asual standard mort~agee clnuse makin~ the lu~s ur.A~r said policies, each and every, payable to said Mortga- ~ gee as his interest may appear, and each and e~~e:y su~•h ~licy shall be promptly delivered to and held by said biortgagee; and, not less than ten davs in ad~•art~e ot ihe expiration of each policy, to deliver to said btortga~ee a rene~val thereof, toRether with a receipt for the prpmium of anrh renewal: and there shall be no~such_jnsur- ance placed on any o[ caid buildinr{s, any interest therein or pact thereol, unles9 in Lhe form and with the loss payable as aforesaid; nnd in the e~•Pnt any sum of money becomes payable under s~ich policy or policies said MortRagee shall ha~~e the option to receive and apply the same on aecount of the indebtedness secured hereby or to permit said MortRagor to receive and uce it or 8lly rAT~ thercof for other purposes without thereby waiving or impairing any equity. lien or riRht under or by virtue of thi9 mortgage: and in the event said Mortgagor shall for any reaso~ tail to keep the said premis~s so insurcd, or fail to deliver promptly any of said policies of lnsurance to said rtortgaRee, or fail prompUy to pay fully any premium therefor, or in any respect fail lo per- form. discharge, execute, effect, complete, comply u-ith and abide by this covenant, or any part hereof, said 1ltortg- ' agee may pface and pap for such insurance or any part thereof .vithout vraiving or aifecting any option, lien. , equity or right under or by ~~irtue of this mort~age, and the full amount of each and every euch payment shall be immediateiy due and pa~•able and shall bear intPrest trom ihe date thereot untll paid at the rate ot ten per centum per annum nnd toRether with such interest ~hall be eecured by the lien of thie mortgage. 4. To permlt, commit or autfer no w aste, impairment or deterioration ot aafd property or any part thereof. b. To pay all and aingulsr the costs, charges and expenses, including reasonable lawyer'e teea and cwt of abstracts of title, lncurced or paid at any tlme by sald Mortge};ee because snd/or tn the event ot the failure on the part ot the sald Mortgagor to duly, promptly and fully periorm, discharge, execute, effect, complete. r comply with and abide by each and every the stipulations, agreementa, condition~ and covenante of said promle- eory note. and this mortgage, any or either, and said costs, charge~ and expenaes, each and every, ahaU be !m- mediately due and payable, whether or not there be notice, demand, attempt to collect or ault pending; and the iWl amount ot each and every auch payment ahall bear interest lrom the date thereof untll paid at the rate ot ' tea per centum per annum: and all eafd coete, charges and racpenaea so lncurrsd or pai~ togetl?er with euch in- i tenst, shW be secured by tAs lien oi Wa mortgage. 342 F~~c2467 BooX~05 Pacf~.~.~ , ~ ' _ - ~ _ ~ _ _ _ _ _ _