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Home My WebLink About5182 . ~ :w ~ ~ danu~'9-_____~,,.~_~--_--~9----- ~~t~F ~ E--------_-- ~ STUART, Florida- FOR VALt1E~~~/EQ the undeni~ned, jointly and severoliy, PROMISE TO PAY to the order of--------------- . _ and EI1~4RA 8~~_~L.uSaST9.~YF4---~8k~~d__w~~-,----------- ~ k . _~111~ H ~Lnr~red nifd ~1QQ•.....-.-~~---..~~--~--___-== DOllARS, - . - ; at - ------------------------------------..__or such othe? place as the ol er ~s hereof may design¢te in writing, together with interest from date at the rate of _rf._.u$___ per centum per annum on the ~ unpaid balan~ until maturity. The said principal~t shall be due and payable ~ $431. 26 Jtt~ee montbs irom de~e aad ~491.26 ea~ch three montbs there~ter ~ until the~ princtpal sum has beea pald ia iu1L Interest on the rematniaq .z ;~paci~cipal balan~ces due shall be due and p~yable with p~incipal pe~?meats. ~ Thia;-~rtate may be p~ep~atd at euch tLmes and in such amounts as makers ~ desi~ce, wlthoui peualty. _ ~ . If defwh b~ m~ fo? _l21L. d~y~ in tM wY~+~ iM/~II111M1 of princip~l or intN~u a~ny part ~Mreof, rh~ whol~ wm eh~n reTa~n~np ~ j. ~r+pa~d wi~h inhre~t J~II at Aoldar'~ op r~on b~cwn~ dw ~nd p~v~bb wiMwu~ na~c.. F.~1ur~ ~o •aNUN ~ucA optian sMll not constitua • wa~ver oi M~ r;9~t +o •a~i~~ tM sa~ in tM ~Hnt of ~~bsW:~n~ d~fwlt. Af»r nrhxity boM principN and ~cnwd in»r~st sh~ll b~ar inM~t ~t f: .1 /~per ctnNm per aru+um ~ ~nni id. TM mak~rs ~nd ~ndorwn of tAi~ noN furtlwr w~iw d~manA, notia of ~ym~nt •~+d wa.~r. If M~. nor~ ~s rw~ p6d N tu~~ty and tM ume :s ~ 2 plx~d wiM ~n ~no?ewY for cdNct~m. tM nrka~ ~nd ~ndaws Mrwt prw to Ow ~11 cwn of ooll~ction, includuq •U co~.r coars ~nd naon~bN ~nom~Y fees. /s/ John F.__ Kittle - - - (SEAL) SfATt00~f~~IM~TA1l~A1T/i~Q~D ti . ?O OI~IAL NOiE AND CAI~ICB~ C~PY ° ~ /s/ Vivian Kittl~ ~ (SEAI) ~ :j w, ~ti~+a~:~ f and aha11 duly, premptly and tully perform, diacharge, execut~, effect, completr, comply with and abide by each and 6~er~ th! atipulation~. agreements, condition~ and covenants of said prumissory note and of this mortgage. tt~en this mortgage and the eatate hereby created shall ceaee and be null ana vo~d. It is vnderatood that each of Lhe worda. "note." "mortgagor" and "mortgagee" respectl~•ely and the prott- oune referring thereto. whether in the singular or plural anywhere in this mortgage, shall be aingular it one only and ~hall b! plwal jointly end severally, if more than one, and shall be masculine, feminine and/or neuter, wher- ever the context ao implies or admfts. And said, Mortgagor for himeelf and his heirs, legal representativea, auccessor~ and esalgne. hereby coven- aate anu agrees to and with eaid Mortgagee, hia legnl representaUves, successors and assigns: ~ 1. To pay all and aingular the principal and intern~t and the various and aundry auma ot money payable by ~ Wrtue of eaid pmmissory note, and thia mortgage, each and every, prompUy on the days respectively the asma i severally become due. ~ j 2. To pay all and aingular the tnxes, essessments, le~ies, tiabilities, obtiRation~ and incuni~rance~ ot every ~ + ~ f tisr o f v nnao oii a~ori nlarwi lnt~i ; .v.a:2 a.~ k;.. n~x cn ss.3 ~'~s~: i~d ~rop~r.y. s.^.d r ihs _ e f er sns, br fP.?~, d. _ ff-- or asse~sed thereupon, and/or that hereafter may be levied or assessed upon this mortgage and~or the indebted- ness secured hereby, each and e~ery, when due and payable according to lew, be[ore they become delinquen~ and before any interest attaches or any penalty is incuned; and in so far as any Lhereot is of record the same f shall be prumpUy satisfied and discha ved of record xnd the on~inal otf~cial document (~ueh as, for i~~tac,ce, ~ Lhe tax receipt or the satistaction paper oftic[ally endorsed or certified! shall be placed in the hands of said ~iortgagee within ten days next after payment; and In the event that any thereof is not so paid, satistied and ~ discherged, said 1?tortgagee may at any time pay the same or any part thereo[ atithout wai~~ng or affecting ~ any option, lien, equity or right under or b)• ~•irtuP of this mortgage, and the full amount of each and every ' auch payment shall be immediately due and payab;e and shall bear interest from the date thereof untfl paid ; at the rate oi ten per centurn per annum and t~gether with such interest shall be secured by the 13en oi this mortgage. ~ 3. To plact and continuously keep on the bmldin~a now or hereafter eltuate on said land ftre and windstorm ~ 30 000~ ~ insurance tn the u.vual standarcl policy torm, in a sum not less than _ 1n ~uch com- ¢ pany or comp^.^.ies as may be appro~~ed by cai~l 1?lort~urre: an~.i all such insurance pulicies on any of said build- ~ ing~, any [ntereat therein or part thereof, in the aRFrrgate sum aforesaid or in excess thereof, shall contain the ~ usual standard mort~agep clause makinq the )nss ur.drr said policiea, each and every, payable to said Moctga. ~ gee as hia interest may appear, and each and e~•e:y su~ h[x~licy shall be promptly delivered to and held by said ~ 1lfortgagee: and, not less than ten da~s in ad.•ance of the expiration of each policy, to deliver to said MortgaRee ~ a renewal thereof, together W ith a receipt f~r the prPmium ~f vurh renewal: and there ~hall be no such ins~r- ~ ance placed on any ot said bu~Idi~R~, any interest therein ar part thereof, unle,as in the form and wfth the loss ~ paynble as atoresaid: and in the e~•ent any sum o[ money bernmea payeble under ~uch pollcy or policiea said Mort~agee ahall ha~•e the optian to recei~e and apply the same on account ot the indebtedneas secured hereby or ^ to permit said MortRa~or to receivP and u.e it or any part thereof for other purposes wiihout thereby waivfng or impalring any equity. lien or riRht under or by ~•irtue ot this mortgage; and in the event sald Mortgagor ~hall '4 tor any reaso~ tail to keep the said premiees so inaur~d, or fail to deliver promptly anv of ~aid policiea of - insurance to said 1?tortgaRee, or fail promptly to pa}• fnlly any premium theretor, or in any re~pect tail to per- form, diacharge, execute, ef[ect, complete, comply with and abide by thia covenant, or nny part hereoi, aaid 1liortg- agee may place and pay for such insurance or any part thereot withnut waiving or affecting any option, lien. - equity or right under or by virtue of this mortgage, and the full amount of each and every auch payment shall - be lmmediately due and payable nnd shall bear intPre~t trom the date thereof until paid at the rate of ten per centum per annum nnd together wfth auch interest ahall be aecured by the llen of thie mortgage. 4. To permlt, commit ot suffer no w a~te, Impairment or deterloration of eafd property or nny part thereot. 6. To pay sll and aingular the co~ta, chargea and expenxs, tncluding reasonabte lawyer'e tees and cwt of - abatracts of title, incurred or paid at any ttme by aafd Mortgagee because snd!or in the event of the tatlure - on the part ot the ~afd Mortgagor to duly, promptly and fully perforns. dlscherge, eaecute, effect. complete. = comply wlth and abide by each and every the ~tlpulations, agreements, condltlons and covenants of said promis- - sory note, and Ws mortgage, any or etther, and aald costa, charges and ezpen~e0. each and every, shall be tm- ~~i mediately due and payable, whether or not thece be nottce, demand, attampt to colkct or sult pending: and ths full amount of each and every such payment ehall bear interest from the date Wereo! unW paid st the rate ot ten per centum per annum; and all satd cost~, charges and e:pen~ss ~0 lncure+e~ or psid, together with ~uch in- terrat~ ~hW bs secured Dy the lfea of Wi mortgsge. 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