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Home My WebLink About0938 $ 2f3~ OOU.00 _ C~pY Stuart, Florida, _z~.~~ A~1 , 19 73 For ~vtus reusivcd, 1, ~ve, or e:ith~sr of ns jo~ntly and severally promise to pay in lawful money of the United States of America to the urder of FIRSf NA710NAL BANK AND TRUST COMPANY OF STUART at its office in thiscity the principa{ sum of __T'~~enty_ Eight_Thousand_ and 00/100-----~-- M__ ~ ^Dolla~s 4~'~7~~~ L ,1. togeti~K w7th intNesf fron+ XiXr~ ~!w rah~ of ?'2 p~r ceetum pa~ ann~m on ths w+paid balw~cs un~il paid, said p~inclp+l u?d inte~eal to bs payabl~ as followr In montnlr inslslimsnts of '.~hree Hund~e~..z'h~.r.tX..Two..and..38/_1QQs__3.32 ..~8.._.) includiog in?erssf, on tha ..l~t.h-..--.._ day of eacb man:n bK~irmin~ on tfie d~y ot ------..__._._....----.__---_._-----N'a.Y_._..__..~__._.._.__., 19. 7~_ and continving on the . chy oF ca:h and ev~ry rtan~b tfier-aftar until tns .....1,~~-_ day of A rll k?- 19...~3. , ~n ~v}~ich said dere 1h- entira b~l.u~ca of pri~c~pa{ and interest t!~rn unpaid shall becoma Jus and payab!z. Each paym~t is to br apptied f~rst to iMrre~t and tha lnilancs !o princ~pat. In c~;r said installm~nts, or any of ti?~m, are aot paid witfiin 15 days a(ter tne sarna betaas dua, tne ~v~1s of said princ:a~t and intxest svm ~hdit twrt+w;~h bCcom~ du3 and payabla at tnr op:ion oF lirs holder o( this note. 1Ye, t'na m~kers, wrel7es, cndaserr and gu~antws of tiiis note, hareby srve:ally waiva presentmrnt (or paymenl, notice of nan•paymrnt, pro!est and ~ noticr o~ {uosest, snd diligence of bring~ng suit a3aini? any parry ti-reto, and consent tfiat t~ms of psym~nt ~n~y be extend~d wirhout no;ic9 rS:reof to any of the suresi~s of this noro. Now, should it be necess~ry fo coll-cr this note throw3fi a~ attorney. each of us, ~vheih~r mafe~r, sorety ot enJorsrr o~ t6:s note, h=:aby a~rea to pay atl co3ts of said collecrion, indud~r+~ a~easonab!e attwne~s fee. S~iJ b,:~y hare!.y ei~x~:zty .:,:!~,rii?d to rrt~in any genrral os s~rcial depos~t, collateral, real or p~rsonal sc-cwity, or the proteeds thereo ; betor~- i:~~ ro c~:t~ u! no•n o: h-•: ~:n f~: ;wsse;s:u~ oE it during th- ti~n~ this note rem~ins vnpa:d, and b-fore or after maturity h~rcoF inay aaply t!a ) :am; to :~~h ur any os}:>r ~:bt a• i~~~•.r:rs oi eit~er of us ro s~id bank, Jua or to bAcome Jw. Given vn3ar th- F?and and s^al of ea:h p~rry. ; ~~otviat*rr~+r sr~a ' itA7~ ~IXED To UR'G~!lA1 liOt~ ~ , - ---~,10 CM1CE11E0- - P. O.__..____ /s/ Robert J. Beitel, Jr. __~S~at) ~ Robert J. Beitel, Jr. ~ ~1~.__ _ _ /s/ Virgilyn N. Be~.tel, his wife ~Saal) ~ Fo.,,,a, Virgilyn r1. Beitel, his wife and ~all duly, prompdy and [ully pedortn, discharge, execute, eifect, compleee, mmply with and abide br each and every the stipulations, agreements, conditions and covmants of said promissory note and ot this mortgage, then this mortgage and ; the e~tate hereby aea[ed shall cea~e and be null and void. It is undentood that each of the words, "note," "mortgagor" and °mortgagee" respecti~•ely and the pronouns referring thercto, whether in the singulu or plural anywhere in this mortgage. sliall be singular i[ one only and shall be plural joindy and severally, i[ more than one, and shall be mascuUne. feminine and/or neuter, where~er the contexe so implia or admits. _ And said Aiortgagor ior himself and his hein, legal npresentativa, successon and assigns, hereby covenants and agrees to and with said ~tortgagte, his legal representatives, wccaaors and usigns: ~ 1. To pay all and singular the principal and interest and the various and sundry sum~ of moner payable by virtue of ? said promissory note, and thu mortgage, each and every, prompdy on the days respectivdy the same sevenlly become due. ` 2. To paJr all and singular the taxes, usesunents, levies, liabilities, obligations and incumbrances o[ every nature and kind now on said desa~ibed property, and/or that here~iter may be imposed, suEfered, placed, levied or assessed thereupon. ' and/or that hereafter may be levied or assessed upon this mortgage andJor the indebtedness secured herebr, each and every. ~ ~ when due and payable accordinq to law, betore they become delinquent, and before any interest attaches or any penaltr is incurred; and in so tar as any thereoE is of record the same ahall be prompQy satislied and dixharged o[ record and ehe or- ! iginal of[icial document (such as, for instance, the tax receipt or the satis[action paper o[ticially endorsed or certified) shall be placed in the hands of said ?ltortgagee within ten days next after.pa}ment: and in the event that any thereof is not so ~ ~ paid, satistied and discharged, said ~(ongagee mar at any time pay the same or any part thereot without waiving or afEect- # ~ ing any option, lien, equity or right under or by virtue of this mortgage, and the full amount ot each and e~ery such pay- s ment shall be immediately due and parable and shall bear interat ftom the dace thereof until paid at the rate of ten per ~ centum per annum and toqether with such interat shall be secuml br the lien of thu mortg~ge. ~ 3. To place and continuously keep on the buildings now or hereafter situate on said land fire and windstorm insur- ance in the usual standard poliey [orm, in a sum not las than the highest insurable value, in sttch company or companies as ~ may be approved by said Mortgagee; and all wch insurance policies on any of said buildings, any interest therein or part ' thereof, in the aggregate wm aforesaid or in access thereof, shall contain the usual standard mortgaqee ctause making the ~ lou under said policies, pch and every, payable to said Afortga}~e as his interest may appear, and eac6 and every such policy ~ shall be promptly deliverod to and held by said 1ltortgagee: and, not less than ten days in advance of the expiration of each ' ~ policy, to deliver to said Atortg~gee a renewal thereot, together rrith a receipt for the premium of such renewal; and there ~ shall be no wch insurance placed on anr of said buildings, any interat therein or part thereof, unless in the form and with ~ the loss payabk u aforaaid; and in the event any sum of moner becomes payable under such policy or policies said ~fongagee ~ shall have the option w reteive and applr the same on ucount of the indebtedness secured hereby or to permit said r~onga- ~ ~ gor to receive and use it or anr part thereof for other purposes without thereby waivinR or impairing any equity, lien or ~ right undet or br virtue of thu mongage; and in che event said Mortgagor shall tor anr reason tail to kcep the said premises ~ so insured, or fail to delirer promptly any oE said policies of inwnnce to said ~fortqagee, or fail prompdy to pay tully any ~ premium therefor, or in any mpect tail to perform, dischuge, execute, ef(ect, complete, comply wieh aud abide by this cov- ~ enant, or any part herooE, stid Mortgagee mar place and pay for such insunnce or any put thereof without waiving or ~ ztfecting any option, lirn, equitr or right under or br vittue of this mortgage, and the full amount of tach and every such ` ~ papmenc stull be immediaeely due and gayabk and shill bear interest from the date thaeof until paid at t6e race of ten ~ per cencum per annum and together with wch interat :hall be secured by the lien of this mortgage. ~ ~ ~ ~ 4. To permit, cammit or wffet no «raste, impaiTment or deterioration of said propeny or any part thereof. 4 ~ ~ 5. To par all and singulu the costs, charga and acpenses, including reasonable lawyer's fees and cost of abstncts .of ~ tick, incurred or paid at anr time br said Mortgigee baause and/or in the event of che failwe on the part af che said ~ ~ ~toregagor to duly, prompdr and fully perform, disclurge, eseaee. e[tect. complete. comply with and abide by each and ~ every the stipnlations, aqrtanents, conditions and covenanu of said promissory nou, and this mongage, any or either, and , said costs, charges and dcpen~ta, each and every, shall be immediately due and parable, whether or not there be notice, de- ~ mand, attempt to collect or suit pending: and the fuU amount oE euh and every such pa}~ment shall bear interest from the ; date tbereoE un~'1 pzid at tbe nte oE ten per oentnm per annum: and all aid eosts, charges and a~pensa w incurred or paid, ` toqether with wch interat, shall be sewred br the lien of this mortgage. ; ~ _ _ 0.~.223 ~3? ~ . , _ - - - - w.~