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Home My WebLink About1062 i /!~l~P+ _17~~• STUART, Florida, ._~I"S.~L_._15_._~..____ 19_~s j OR V l E I ~ th und r i ned, ' i tly t-d severaily PROMISE TO PAY to the order of___..___.._ ~7'l~ ~~I~lC~ 8~.,,~._a~ii~ b~1clr~cr ~o..~r~~.o~ One xundred s~v~nt: ~~0 2hnusand ~cve xuaar~a ana nenaa~~~--~..~~~~-~~_DOLLARS ; at -_-~.-------------------------or such other place as the holder hereof may designate in writing, togethe~ with ir•erest from date at the rate of per centum per annum on the ~ unpaid b~tance u~Nl maturity. The said principa. and interesi shall be due and payable pn or bdore ~ Auguet 15, 19?3. ~ ~ . c.~% - ~ ~ IF drwie b~ mad~ fo~ -~O d~ys in Hw Mv+~f af «ey imt~Ninw?t d M~P+~ or inhnaf a+nY P+rf eherwf. N» whol~ ~~m ~he.~ rwn~n~np ~,epaCd with rme~r sMll at Aolders op~~on bcom~ dw and pr.~ar w~~rf nWiq. Failur~ a~:~rc;s~ such optan aMU rqt c t' q a w~ivM of eM r~qAt ~ a~ae~cia~ N~ s~'.v ~n tM ~vwM of subsq•.~a d~fwlt. AfrK r,e-,.nt~r bWh p~iedp~l and Kwwd inter~st shall btx inter~st a~ ~ pei cee~tu+n per xnvin_ w+hi p ;d. T.y r. it*.s ~nd a~dwHn of this eoa fwMw w~.v~ or.and, ~wtic~ ef t and pohsf. If N~i~ noh ia nw pai~.~ wutw~ry n•d MN s~nr ia ~ o~.ad'w~?h r+ .r.a.e.r io. cabctioe, M» m~k~.. .ea «+eo...n Mxi ~ te .1, ~ oowa; ind ~ ~ cou.t oo,a .na ~qorw.,~ f..s. lf _ . ~ _ _ ~ _ __------(sEai~ _ ~ - •t % . -(S~Ai) ~ . . ~ , ~ - ` ----------------_(s~?~~ ~ _ ~ _.~sEAu Y • , --------------(~EAL) Y »};.;~{.{~.~'?-:-?~-fifis~{ ? '-L~:t?{-i~?tifi-:-'?--0~r.-~:~'tstifi~fififi4~~C ,.'~?~?4+~ ''"C~fi4S~fiv~s'~:~s~: :ti''~C-v''ti~ snd ahall duly. promptly and fully perform, discharge, execute, etfect, completP. comply wlth and abide 6y esch and every the sGpulations. agreementa, conditions snd covenants of said prom~saory note and ot this mortgage, then this mortgage and We estate hereby created shall cease and be null and void. It ia underatood that each of the wor~ls, "note," "mortgagoY' and "mortgagee" te9pectlvely snd the pron- ouns referring thereto. whether irj the aingular or plural anywhen in this mortgage. ahall be aingular K one only and ahall be plural jointly and severalty, if more than one, and shall be maacnline, feminine -andlor neuter, wher- ever Lhe oontext ao implies or admits. And ~aid Mortgagor for himeelf and his heirs, legal representatlvea, successors end a~algns. hereby coven- ants ana agrees to and with aaid Mortgagee. his legal repreaentatives, succesaors and as~lgns: 1. To pay ~11 snd singular the prtncipal and intereat and the various and aundry suma ot money payable by virtue of said promiasory note. and this mortgage. each and every, promptly on the days re~pectively the same eeverally become due. 2. To pay all and sir?gvlar the t~axe~, assessments, levies, liabilitiea, obligations and incumbrances of everp nature and kind now on said described property, and/or thai hereatier may be impased, au[tered, placed, levied or assessed thenupon, and/or that he~eatter may be levied or assessed upon this mortgage and/or the indebted- aess secured hereby, each and every, when due and payable according to law, before they become delinquent, and before any Interest attaches or any penalty is incurred; and in so far as any thereot ia oi record the sams ahall be promptly satisfied and dischacged of record and the original otiicial document (such as, for instance. the tax receipt or the aatisfaction paper officially en~orsed nr certified) ahall be placed in the hands of said Mortgagee within ten days next after payment; and in the event that any thereot is not so paid, satisfied and discharged, said Mortgagee may at any time pay the same or any part thereof without waiving or affecting any optian. lien, eqvity or right under or by ~ irtue of this mortgage, and the full amount of each and everq such payment shall be immedialely due and payabie and shall bear interest from the date tltereot until paic! at the rate of ten per centurn per annum and together with such interest shall be secured by the lien of this mortgage. j I 8. To place and continuously keep on the bulldin~a now or herea[ter aituate on said land flre and windstorm C inaurance in the u.4va1 standard ~olicy [orm, in a sum not less ihan s...-..~7.~.L~ 1n such com- ~ pany or comp^~ics as may be approved by sai~l 1?Tort~n~ce: anci all such insurance policies on any of eaid build- ~ inga, any interest therein or part thereof, in the aR~regate sum aforpsaid or in excess thereot, shall contain the ' nsual standard mortRagee clause making the loss ur.der said policies, each and every, payable to said ~iortga- ~ gee as his interest may appear, and each and ere;y s~:~•h policy shal[ be promptly delivered to and held by said ~ Mortgagee; and, not less tt?an ten days in adt•ance of the eapiration o[ each policy, to del~ver to said I~iortgagee ~ s renewal theteof, toRether with a receipt for the premi~~m of anrh renewal• and there shall be no such insur ance placed on any ot said buiidin~, any interest ihere+n or part thereof, uriles~ in the form and with the loas ` payable aa aforesaid; and in the e~ent any aum of money becomes payable under such policy or policiea said ~ MortRagee shall have the option lo receive and apply the same on accottnt ot the indebtedness secured hereby or ~ to permit said Mortgagor to receive and uee it or any pArt thereot for other purposes a?ithout thereby waiving ~ or impatring any equity. lien or riRht under or by virtue ot this mortgage: and [n the event naid Morigagor ahall I for any reaso~ tail to keep the said premiies so in.sumd, or fail to dellver prompUy any ot said policies ot 4 insurance to said Iltortga~ee, or fail prompUy to pay fully any premium therefor, or ia st~y respcct tafl to per- form, discharRe, execute, ettect, complete, compty with and ebide by thia covenant, or any part hereof. uaid Mortg- ~ agee may place and pay for such insurance or any_ part thereot without waiving or atfectlng any option, lien, ; equity or right under or by virtue of thia mortgage, and the full amount of each and every such payment shall ; be immediately due and payable end ahall bear intPrest from the date thereot until paid at the rate of ten per ~ centum per annum and together with auch Interest ~hall be eecured by the lien of thls mortgage. ~ 4. To pernN~ commit or autfer no waste, impairment or deterioratlon of safd pmperty or any part thereot. F 6. To pay all and singular the co~ts, chargea and expenxa, including reaaonable lawyer's fees and cwt ot abstracts ot t1Ue. lncurred or paid at any tlme by said Mortgagee because and/or in the event of the fsllurs i on the part of the ssid Mortgagor to duly. promptly and iully perfor~a. dlscharge, e~cecute, effec~ completq, i compty with and ~b1de by each and every the atlpulations, agreemeats, condtUons and oovenants ot esid promlr wry note. and Wa mortgage, any or elther. and said costs„ cherges and espenses. each aad every. shaU be Im- ' mediately due and payable, whett~er or not there be notice, demand, Rttempt to colkct or sutt pending• and ths r fuU amount ot each and every such payment ahsll bear interrat !rom ths dsts tbereof unW pald st the tate o! ~ ten per crntum per annum• and W safd costs, charges and e:pen~s~ w facurred or patd. WBett~er with ~ucb in- terest, ~hall bs ~ecured br tAe Uen o! Wa mortgags. ~ ~ ~ go~212 P~1062 - W - - ~ . a~_ .