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Home My WebLink About1749 _..:~khk~'w'~hk~+ti~ ~Whkhkh'w'~kh~twti~kh~}~~~7T'')ly~1~h~.~°i~fitih~+~w'~ti•~k'w~:w W - Y . , ~ , 'r~ ~ 5 . _ _ ~_!_000.00 STUART, Flor~da, - . ~19-- ~ FOR Vq~~ R~C EIy~p h er ~ ned, ' intl a d ver II PR ISE TO PA uto the order of__ . ~xg~i HzI~G~~ 9 a ~~o~ic~'o ~an~~bg ~orporat~ n - - - - - _ r~~~~.~~~.~~~~~~~~~~~~~r~~~~~~~~~w~~~~~~ -----_~ivo _~o-i~~?nc~---and noJl~iS-=---------~__._ oou~,~s, - - - , at ---_-•TBn~~a_Heach~_ l~~orids------~---____----_-------- or such other place as the holder t hereof may designate in writing, together with interest from date at the rate of per cent m ~ annum cn the ~ unpaid balance until maturity. The said principal and interest shall be due and payable 4e ~0~01/SS ~ sS9.36 a¦onth, the lirst psytent being due one aonth troa~ 197 , end continuing ~or e~?ch aont6 therea~ter until paid. s eun o! ~ ~59~.~38 paid each oonth ehall tiret be credit to ioterest and the re- ~ i' msinder to the principsl o! thie obligstion. This note ~rill be campletel~ paid ~it6 l~lO ¦onthly p~?ywwnt~ o~ ~89.36, unleea eooner preps~id. Thio nota ~ay be prepaid ~t any time qithout pec~alty. - o : ti default bs mad~ fa JO . days in tfi~ paYrMnt oI My insbl4n~nt oi p~ncip~l w intMetr w ~ny wrt rAereof. t wlwlc sum rfien ~e.~,.~.ng t .~oa+d wnh ~~~eres~ sAau ~t Aolder's opuon becoe» dw snd wy+El~ w~thow notic~. i+~lu~~ ~o e.~rcn~ s~,cA opr~on ihail no~ con~~e a wa~~e. c( ~he n• ~o ueruse the sume in rhe ev~nt of subsepxM defwlt. Afrer n+aturit~ both pincipal and ~ccrued inMrpt shall bear inrerest st pcr centum pcr e::r~. m• ~r.r.l pa,a. Th~ makers ~nd endo~strs of tAis ~ote furtlfer w~iw demsnd, notit~ of nm-paym~nt ~r+d D~«est. If Ihia r.ore ~s no1 ps~d ~t maturity and the same .s • • pfx~d w~~h an ~rtwn~y fw collecr~on, tM m~kas and andas~n Mreof p~N fo PaY ~11 coats of coll~ction, includ~nq ail cwrt coats u~d reas~ubte anomer fers ' ~ - • ~ 3. _ (SEAI) ~ s, ~ - i~:------ i - - (SEAIi : s, ~ _ {SEAL) . _ :-~7~.M.'~a'~s'».''.~'wh~''~.«.'+»A-.kk~{ { ti.{?~.'~+.'~.~h'+~W{~4v'~v'~G~?~~W+}~hktififit~ }~.'w''w-~:wM:r:-C-'v:»ri-S«:-: :-.:»:».'~%.»:»:--:~-:w~:~.»}~:~~'?..~.;.{ titi.;..;..;..,ti.;.{ . and shall duly, prompqy and fully pertorm, d~scharge, execute, etfect, cnmplet~, ~rompiy w~th and abide by each and e~~ery the stipulations, agreements, condrtions and covenants of said prom~s+ory note and ot this mortgage, then this mortgage and the estate hereby created shall cease and be null and ~•o~.l. It is understood that each of the ~~ords. "note." "mortgagor" and "mortgagee" respectively and the pron- o~ns refernng thereto, whether in the singular or plural anywhe~e in thls mortgage, shall be singular it one only and shall be plural jointlt and se~erally, if more than one, and shall be ~nagculine, teminine and;or neuter, wher- eeer the context so implies or admits. And said Mortgagor for himselt and his heirs, legal represeniati:es, successors and assigns, hereby coven- ants anu agrees to and with said Diortgagee, his legN representatives, successorw and assigns: 1. To pay all and singular the principal and interest and the various and sundry sums of money payable by virtue of said promissory note, and thia mortgage~ each and every, prompUy on the days rnspectively the same ~everally become due. ~ 2. To pay all and singvlar the taxes, essessments, le~ies, liabilities, obli~ation~ and incumbrances of e~•ery nature and kind no~v on said described properly, and!or that hereaffer may be imposed, sutfered, placed, le~ried or asseased thereupon, and/or Lhat hereafter may be levied or assessed npon this mortgage and/or Lhe indebted- ness secured hereby, each and e~ery, Hhen due and payable accorxiin~ to law, before they become delinquent, i and before any interest attaches or any penalty is incurred; and in so [ar ~v any thereof is of record the same f shall be prompUy satisfied and discharged o! record and the onRinal official document Isuch as, for instance, ihe tax receipt or the satisfaction paper officially en~iorsed or certifiedl shall be placed in the hands of said ~ ~iortgagee v~rithin ten days next after _ payment; and in the event that any thereof is not so paid, satisfied and discharged, said 111ortgagee may at any time pay the same or anv part there~f ~cithout v~si~-ing or affecting E any opLion. lien, equity or right under or b~• ~-iriuP ot this mortgaRe, and the fufl amount of each and every ~ such payment shall be immediately due and ~~apab~e ~n~i shall benr interesc from the date thereof until paid at the rate of ten per centurn per annum and to~eth~r K-ith such intereyt shall be secured by the lien of this ~ mortgage. - ~ 3. To place and continuously keep on the bu~t~lin~s now or hereafter situate on said land fire and windstorm ~ insurance in the usual standard policy fnrm, in a ~um not less than ~aX1mL1ID------------------- fn such com- pany or compra:•~s as may be appro~•ed by sai~1 !?iortna~~~e: ami :+U 9uch insunnce. policies on any ol said build- ~ ings, any interest therein or part thereof, in the a~~r.•r:ate sum aforesaid or in excess thereof, shall c~ntain ihe usual standard mort~agee clause makin~ the l~,~s ur.d~~r s:iid policies, each and every, payable to said 1ltortga- ~ gee as his interest may appear, and ench ar.~l e~•e:~~ su~~h policy ahal! be pmmptlv deli~ered to and held by said 7?Iorigagee; and, not less than ten davs in ad~•anre of the expiration of each policy, to deliver to said blort~aRee a rene~va) thereof, toQether ~~•ith a receipt fnr thP prpmium ~f a~~rh r~newal: and there shall bc no such insur- ance placed on any of said buildin~s, any interest iherein or part thereo[, unless in the form and with the lo.9s payable as aforesa8d; ar~d in the e~•ent any sum of money becomes p~yable under such policy or policies said ~ 1?iort~a~ee shall hare the opti~~n to receive and apply tt:e same on account of the indebtedness secured hereby or ~ to perrnit said \iortQa~or to recei~•~ and uce it or any part thercot for other purposes without thereby kaiving or impairing any equity, lien or r~ht under or by ~irtue of this mortgage; and in the event seid Mortgagor shall for any re:?so? [ail to keep the sa;d premisrs so insur~d, or fail to deliver promptly any of said policies of insurance to sa~d ~tor;gaRee, or fail promptlp to p~}• fully :iny premium therefor, or in any respect fail to per- ~ form, discharFe, execute, eflect, complete, comply ~~ith nnd abide by this covenant, or any part hereof, said ~fortg- aRee may place and pa~ for si~ch inaurance or nny part thereof witheut vrai~ing or affecting anY option, lien, equity or riRht under or bp ~•irtue of this mort~;age, ai~d the full aqiount of each and every auch payment shall ~ be immediately due and pa~•able and shall bear intPrest trom the date thereof until paid at the rate ot ten per y; centum per annum and toRether with ~uch interest shall be aecured by the lien oi this mortgage. ~ ~ 4. To permlt, commit or suf[er no ~•~vte, impairment or deterioration of safd property or any part thereof. ~ 6. To pay all and ainRvlar the costs, char~es and expenses, including reasonable lawyere fees and cost ot ~ abstracts of title, fncuned or paid at any ttme by sald Mortgagee because end%or in Lhe event of the fallure ~ on the part of the said biortgaRor to duly. promptly and tully perfornt, dtscharge, execute, effect, complete. comply v~~ith and abide by each and every the stipulation~, agreement~. condiUons and covenants of said promL,- ~ sory note, and thi~ mort~;age, any or either, and sxid cost~, charge9 and eapensea, each and every, shall be Im- mediately due and payable, v~hether or not there be notice, demnnd, attempt to collect or ault pending; and the ~ full amount o[ each and every such payment shall bear interest lrom the date thereof untll pald at the rate of ~ ten per centum per annum: and all safd cwte, chargee snd expenees eo lncurred or paid, together v?~fth auch !n- ~ terest, shall be eecured by the liea of thla mortgage. ~ ~ `r 34? ~~a;~ i813 ~ °~1k!! ~O~ r4~, ~~49 ~ • ~ - - ~ - ~ ~f ~ = ~ ~ - ~ ~ ~ ~ ~ ~ ~ - ;ri6' - - _ _ = . .