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Home My WebLink About1354 a • ~wan, r~or~aa, ~ V~ rY Y . For value received, I, we, or eitha~ of os jo~ntly and severally promise to pay in lawful mo~ey of ~he United States of ~ America to the order of FIRST NATIONAL BANK AND TRUST CAMPANY OF STUART at its off~ce in this city the principal , ~ . ~ sum of _FZFTY .THOIJSA~IQ__B.'VD..N~~1II0-.---_----------------_-..-..-----,-----..---- =-Dollars , ~ ; ~op~~Fw~ with i~+t~n~t trom d~~~ ~t tM ~~a of 7•~ t~ntum pN a~~um on 1M unpaid balante until paid, s~id p?incipal •nd M~.r.~e ro b. paybl. u ~ 60/100 DOLLARS ~ r~ioM,.: i~ ~,~?,iy ;~,.~.u,n.~~. of FIVE. .KUNDRED.__1~IINE'tY-THREE...&.-•-----.--- ct--~ .593..60_. ~ r~x~„d~ s~hmr, a, ~h. ~ ~ ~ ~ T~.. d~ of ~ach month n 7 Z ~ . y bp)nninp a~ IFw d~y of .~~.Su~fe.II~~_._.... 19__....-.__ ~ ~ ' •nd conr~nuinp on tM ....I. ~..Lh._.. d~y of ~~ch u?d ~v~ry moroh th~n~h~r unKl ~M .~-l;h- . day of No Va r~b e ~ t ~ . ' ~ ~ ~ 19 $2, oo wh~ch sa~d dat~ tM e~t~re bal~~c~ of p~iadpal ~nd int~rest tAen u~p~id shall become due and payable. Each payment is to be ~pplied ~ f~nr ~o ~merest and tF+~ balanc~ to princ;pal. In ase i~id inst~llment~, or a~?y of 1hem, ars not paid within 15 d~ys atler tM s~m~ becan~ du~, th~ whol~ ; ot ~aid pr~ncip~l and int~~qt sum thall fonhwilh b~com~ dw ~nd payabl~ at ths option of tM holde? of th~s noa. ~ We, rhe m~ken, suaeri~~, endwasr: and varantas of this note, here~ teve~all wsive ~ 9 Y Y Wesentrn~m fw p+ymem, ~otice of non-paYment, protest ~nd ~ notic~ of protest, and diligencs of brinpinp svit paimt ~ny pury 1MrNO, at?d consenr th~t ~~rrw of payrn~nt may b~ extendcd w~~hout notic~ th~reof ?o ~ any of tM sw~Ya~ of rhis nor~. . + Now, zhoukl ~t be neceu~ry to collect thw no~e through an altorMy, ~~ch of us, whether make., swery a endwi~r on thii not~. Mreby pr~ to pay ; a11 costi of i+id coll~ction, irkludinp • ~~a~onabk morrwy'~ fN. ~ ; Sacd bsnk is h~reb ~z ~u •uthoriud lo retain an Y P~ ~Y y y~n~ra{ or apecial d~poi;t, coltateral, real or personal sewrity, a tF+e proceeds thereof, b~long- ~ ~ng ro ~ither of us, now or here~h~r in tha poueuion pf it du~iry tM t~ thi~ note remaina unp~id, u~d befwe w•fter maturity hereof may ~pply tM ~ ~~m~ ro th~a a ~ny wh~r d~bt or liabil~ti~s of ~itMr of ~s ro i~id baek, dw or to b~oon» dw. Giwn und~r tM h+nd and s~~l of ~~ch parryr. ` '~L~tIDA DOCUMENTARY STAMP ~ TAX AFFIXcD TO OR'G?t4At kOTE 3 /1Nt~ G~f:~E4LED ~ ~ ~s/ ~C. I~~an '•Sunroe, Jr. ~5~~ !r/ ~i 11~; ^ ~l ac4man (~al ~ ~~i:. iV~1."1-Z~tU1~dE ~ ~ . ~ ~ ) . ; s 1~nne H . *~unroe (S~,) ~ VQY AN1iE ~:iU~vR,pE /s/ Ghirley a, Blac}~man (~al) - , Ca'{NIl~, ' ~ Fwa~ t00 ' and shall duly, promptly and fully pertorm, discharge, execute, effect, con~plet~, comply w~th and abide by each and e~-erv the st~pulations, ag~eements, conditians and covenants of said prom~s3ory note and of this mortgage, then this mortgage and the estate hereby created shall cease and be null anc] ~~oid. It is under3tood that each ~oi the ords, "note," "mortgagor" and "mottgagee° respecU~•ely and the nron- ouns referring thereto, whether in the singu[ar or plural anywhere in thls mortgage, shall be singular i[ one o:ily and shalI be plurat jointly and se~•eratly, if more than one, and shall be' masculine, feminine and; or neuter, wher- e~ er the context so implies or admits. And said Mortgagor for himsel! and his heirs, tegal representati~•es, successors and assigns, hereby coven- snts ana agrees to and with said I?iortgagee, his legal represeniatives, successors and assigns: 1. To pay all and singular the ptincipa! and interest and the various and sundry sums of money payable by virtue of said promissory note, snd this mortgage, each and every, prompUy on the days respectively the same severally become due. 2. To pay ali and singular the t~ces, assessments, levirs, liabilities, obtigations and inrumbrances of e~•ery nature and kind no~v on said described property, and/or that hereafter may be imposed, auffered, placed, le~~ied or assessed thereupon, and/or that hereafter may be levied or assessed upon this mortgage and/or the indcbted- ness secured hereby, each and e~•er~•, ~vhen due and payable according to law, before they become delinquent, and before any interest attaches or any penxlty is incurred: and in so far as any thereof is of record the same shall be pr~mptly satisfied and discharged of record s~nd the on~inal official document (such as, tor ii~stance, the tax reeeipt or the satisfaction paper officially en~lorsed or certified~ shall be plaeed tn the hands of said iiortgagee w~ithin ten aAy9 next after payment; and in the event that any thereof is not so paid, satisfied and discharged, said 11lortgagee may at any time pay the same or any part thereot kzthout wai~ing or affecting any option, lien, equity or right vnder or b~ ~•irtuP of this mortgage, and the full amount of each and every such paymest ahall be immediately due and payabte and shall bear internsi from the date ihereof until paid at the rate of ten per centur~~ per annum and *_ogether with such interest shall be secured by the lien of this mortgage. 3. To place and continuously keep on the buildin~s now or hereafter altuate on said Iand fire and ndsturm hi hest insurable.. va~ue insurance in the u.~ual standard policy [orm, in a sum not less than 5.........g in such com- pany or comp^~ics as may be approved by sa;<1 Diort;;atce: and all such insunnce policies on any ot said build- ings, any interest therein or pari Lhereof, in ihe a~~regate sum aforesaid or in excess thereof, shall contain the usual standard mort~agee clause making the luss ur.der said policies, each and e~•erv, payable to said Diortga- gee as his interest may appear, and elch k::d e~•e;y su~h policy shall be promptly de]i~-ered to and held by said Dlortgagee: and, not less than ten days in adrance of thz expiration ol each policy, to deliver to said l~iortgagee a rene~val thereof, together v?ith a receipt for the premium of au~h renewal: and there shall be no such insur- ance placed on any of Qaid buildings, any interest therein or part thereot, unless in the form and v~rith the loss papaUte as aforesaid: and in the e~•ent any sum of money becomes payable under such poticy or policies said biortga~ee shall ha~•e ihe option to receire and applv the same on account of the iqdebtedness secured hereby or to permit said ~tortgagor to receive and use it or any~ part thereot for other purposes without thereby wai~~ng or irnpairing any equity, lien or ri~ht under or by ~irtue of this mortgage; and in the event said Mortgagor shall for anv reASOn [ai1 to keep the said premises so i~sur~d, or fail to delirer promptiy an~ of said policies of insurance to said :~fortgagee, or fail prompily to pa!: fully any p~emium therefor, or in any respect fail !o per- form. discharge, execute, effect, complete, comply «-ith and abide by this coti~enant, or aiy part hereoi, said Atortg- agee may place and pa~ for such inaurance or any part thereot without a•ai~ing or affecting any option, lien, equity or right under or by ~~irtue of this mortRagc, and the full amount of each and every such pay~ment shall be immedia[ely due and pa~•able and shall bear intPrest from the date thereot unttl paid at the rate o[ ten per centum per annum and together with such interest shall be aecured by the lien of thla mortgage. 4. To permlt, commit or suffer no w•aste, impairment or deterioraUon of safd property or any part thereof. 6. To pay all and singular the costs, charges and expenaes, including reasonable lawyer'e fees and cost ot abstracts of tiUe, incurred or paid at any time by said btortgagee because and ~or in the event of the fallure on the part of ihe sald Mortgagor to duly, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by each and every the stipulationa, agreements, condiUons and covenante of eaid promLs- aory note, and this morigage, any or either, and said coste, charges and expenses, each and every, ahall be im- mediately dne and payable, whether or not there be notice, demand, attempt to collect or ault pending: and the l1il1 amount of each and every auch pay~neni shall, bear interest trom the date thereof unW pald at the rate o! ten per centum per annum; and all eaid cwte, chargea snd eupenaes eo incurred or paid, together with auch !n- terest, s1~all be secured by tha lien of thie mortgage. e~oK 2U5 rn~~1~54 - _ ~s-:~ _ ; ~ ° ~ _ . . ° _ ~s,<