The URL can be used to link to this page

Home My WebLink About0891 ~o~a,_-~o~c-G~.o,~o~c~' s 4, OOO.OO STUART. Florida. ~_ep~eu~ber y 19 72 FOR VALUE RECEIVED. !hs undersi ned, joinily and se~eially. PROMISE TO PlIY to ihe order ot G' R~GE k'. C N and ~i,AR~~T..C.~,RN.A.HAN....h~w wi~~ . ~`our ~ousand an~~ o . _ _ . _ 'bOLLARS. a! 100 ~tiverview ~rive,__~ense~ Beach, ~'lorida 33~57 a::~~h oiher place as !he holder _ . _ hereo! maT deaignate in ~rriting, loyeth~r wilh interest trom date at !he rate ot per cenium per annum on !hc unpaid ~alance u~lil maturil~. The aaid priacipa! a~d interes! shall be due and payablc as lotlows: i ~ $121. 69 a month, the first yment being due one month iromdate, and coritinue for each month theceatter until paid. Thfs ~um of ~121. 69 paid each month sha21 first be ereditaci to intere anc~a remainder to the prineipal of this obligation. This note ma.y be prepaid at an~ime without penalty. ~ ~ I( det~~~lt bs madr lor days in the p+Yment o( anr iestaltaoe o priecipal o~ inleresl or a~r p..~ tAer•ol, th~ ~r'~.~t~ •um tAen rema~nin~ t~ unpaid v~tA intereat •hall ~t h~ider'~ up~ion become due and pa7rable ~it6out e e. Failure to eaerciae such oplioo .Aall not cunsl~tut~Q ~,`1..aiver ol the r~~ht to eaercise the s~m~ in the e~ent o( subsequeat delault. At1er maWh bot6 principal and accrued int. r~st ahall brar intrrrst at V i., prr untum p~r annum until paid. Th~ mak~rs and ewdorssrs o1 thia note turther wr~iv demae , eotice ol no~-paymtot .end prot~st. 11 IAi~ n~te ~t not paid ~t ~~a(ur~ty and tAe same is Dlaced r.th an attoreer for colleclion, Ihe makers ~ d endo er~ eol a~ree to pay aU coets of collrcl~un, ~ncludin~ all courl co+ls aed •e~~onable aito?ney (ec~- ~ ~ / ~ 11 r~ .ti ~ ISEAL) ~ _ Glerlti Milrie ISEALi Catlierine Milne ~ ~ - _ (SE11L) iti and shall duly, promptly and fully perform, discharge, executP, effect, complet~, comply w~th and abide by each and e~~erv the stipuiations, agreements, conditio:~s at~d covenants of said promissory note and ot this mortgage. Lhen this mortgage and the estate hereby created shall cease and be nWl and ~•wd. It is under3tood that each of the words. "note," "mortgagor" and "mortgagee" respecti~•ely and the pron- ouns referring thereto, whether in the singular or plural anyvvhere in this mortgage, shall be aingular ft one only and shal( be plural jointly and severally, if mure than one, artd sh:tll be ma.gculine, feminine and/or neuter. wher- e~•er the context so implies or admits. And said Mortgagor tor himseli and his heirs, legal representatives, s~ccessors and assigns, heteby coven- ants ana agrees to and with ~said btortgagee, his legal representativev, successors and assigns: 1. To pay ell and singular the principal and internat and the various and sundry sums o! money payable by virtue of said promissory note. and this mortgage, each and every, promptly on the days rnspectively the same severally become due. 2. To pay all and singular the taxes, asses.sments, levies, liabilitie~, obliRations and incumbrances o[ e~ery ~ nature and kind now on said descnbed property, and!or that hereafter may be imposed, auffered, placed, levied or assessed thereuFan, andior [hat hereaiter may be levied or assessed upon this mortgage and!or the indebted- ~ ness secured hereby, each and e~ery, Khen due and ~ayable according to la~v, before they Decome delinquent, ; anci t~fore any interest attaches or any penslty i9 incurrrd; and in so [ar as any thereof is of record the same E shall be prump[ly satisfied and dischar~ed of record and the ori~inal official document Isuch as, tor instance, p ihe tax receipt or the satisfaction paper officially en~iorsed or certified? shall be placed in the hands of said ~ ~tortgagee w~thin ten days next after payment; and in the e~•ent that any themof is not so paid, satisfied and discharged, said DSortgagee may at any time pay the same or any part thereo[ v~-ithout wai~~ng or affecting any option, lien, equity or right under or br ~'irtuP of th~s mortgage, and the full amount of each and every such payment ~hall be immediately due an~l {~ayabic :?nd shall benr intemst from the date thereof until paid at the rate ot ten per centurn per annum and t~~~eth~r w~th such interest shall be secured by the lien of this mortgage. 3. To place and continuously ke~p on the bu~ldin~;s now or hereafter aituate on said land fire and windstorm insurance in the usual standard poii~y form, in a sum n~t les9 than 3 1n such com- pany or comp^ni~s as may be appro~•ed by sai~l ltnrtn~~~~e: an~i all such insurance policies on any of said build- ings, any intPrest therein or Part thereof, in II1P R~;r.~ate sum aforPgaid or in excess thereof, shall contain the usual standard mort~agee clause makm~; the l~~~s ur.d~~r s:t~d poliries, each and every, payable to said Atortga- gec as his interesi mav appear, and Fach a.^.~! e~•~~: y si~~•h (x~licy shall be promptly deli~•ered to and he:d by said 1?Iortgagee; and, not less than ten days in adti•an~e of the Pxpiration of each policy, to deliver to said ASortRaRee a renewal thereof, to~ether kith a receipt f~r thr prPmium ~f ym~h r~newnl; and there shall be no such insur- ance placed on anp of said buitdin~s, any inlerest therein or part therco[, unleas in the form and with the loss • pavable as aforesaid: and in the e~•rnt any sum o[ money bccomes payable under such policy or policiev said Afort~a~ee shall ha~•e the opti~~n lo recei~'e and arpl~~ the sam~ on account of the indebtedness securerl hereby or to ~rmit said :?fort~a~ar to rerei~•~ 1nd nse it or nny rart thercof for other purposes without thereby waiving or impairing an~ equitv, lien or~ ri~h; undcr or by ~•iriue of this mortgaRe; and in the e~ent said 111ort~aKor shall ~ for ar~ reaso~ fai! to keep the sai~f pr•~mss~s sn in~ar~d, or fail to deliver promptly any of said policies ot insurance to said :!tortga~ee, or fail prompily to p~v tnUy :tny premium therefor, or in any respect fail to per- ~ form, diechar~e, execute, ~ffec[, compl~te, comply ti~~th and abide by this co~~enant, or any part hereof, said riortg- ageP may place and pay for sueh inaurance or anv part thereof without vvaiving or affecting any opti~n, liPn. ~ equity or riRht under or b~ virtue of this mort~age, and the• fuU lmount of each and every such payment shall ~ be immedia?ely due and pa}•able nnd ahall bear intPrest from the date ther~of untll paid at the rate of ten per centum per annum and togeth~r with such interest shall be secured by the lien of thla mortga~e. ' y 4. To permit, commit or suffer no ~+av;e, impairment or deterioration of said property or any part thereof. ~ 6. To pay all and sin~ular the costs, char~es and expenses, including reasonable lawyer'e fees and cost of ~ abstracts of title, incurrecl or paid at any Lime by said 1?tortgagee because andior in the event of the fallure on the part o[ ihe said Mortga~;or to diily, promptlv and tully pertorrn, dfacharge, eaecute, effect. complete. comply wtith and ab3de by each and evpry the stlpulations, agreements. condition~ and covenanta of said proml~- ~ sory note, and thi~ mortRa~e, any or either, xnd said cost~, charges and expense~, each and every, ahall be im- mediately due and payable, whether or not there be notice, demand, attempt to collect or ~uft pendin~; and the ftill amount ot each and every auch pn}~ment shall bear intereat irom the date thereoi untll pald at the rate o! ~ ten per centum per aiu~um• and all sald co~t~, charqe~ snd expenaes eo lncurred or patd. together w~itlt auch in- tere~t, shall be aecured by the Iten of thfa mortgage. ~ S001I ~.110 ~'~C[ L7~~ - ~ , _ ; = ~ ~.~;x ~ , - ; _ . . ~ ; A