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Home My WebLink About0963 . . ~ f ~ • ;~'..'.'.~iSws?!~~.'.~.'~.~iL~iLLLLS?4L4LS?S?4~.?.fitr~iL•r'.•.•r'~t.•.~.5.•••~'.'•'.•••.'•~i'•~•~i~i~Sr•~i~J~Sr44Sr'•~i~.'r~••rtrfi44*~'.•i4~f/1if~l.~ ; AC 1_.___~_ 19.. Z3-_ pQQ_~Qp Stuart, Florida -~i ~ $ ~'[J.f-- - - FOR VALUE RECEIVED, th~ undeniqned, ioietly and s~vKally, PROMISE TO ~AY to th~ ord~~ of-_-------------------- - - - REDITH_G--s__ICETT~L_ ` - ~ - - - . .~~7~ ~?~Y~_~'HOSISAND_.and_.Il --------.-T-.- • , - THREE IitJN~DRED F III , - at ~/o. Isley_ &--DeRe~i~c__~Q~Q__$~Y~L~~_.QXe~__ Te~1~@=i~~_fli---~...__~~~.Q~__Or wc~ ofh~ p~a as tl~ I~Oide~ . . • - hereof may designsts ~e w~~tin~ togethe~ w~th ~ntenst from ___April..l-- ---.---19?3-------------------------- at t~e ~ate of 7_~_114________ per centum por annum on the unpaid balanc~ until msturity. ?h~ ssid principsl and iM~rest shsli be due and payable as follows: One payment of principal in the amount of $49, 285. 80, plus interest then due shall be due and payable on April 19 , 1974; there after, the unpaid principal shall be due and payable in six (6) annual installments of $49,285.70 each,.plus interest then due, on the sam~e day of ' each year. This note may~be prepaid in full at any time without penalty, ; and may be prepaid in part at any time after January 1, 1974, without ; penalty. If.d.tril~ b. ~?+d. fw ..._3.0. d,rs i. d~. pay~~ d a~~ isttaQm~nt ~i priwcip+l ~r i~Nnsf M a~r Pae~ /MrNi. Mw ~rM4 srw 1~ nwiw+~ 1r~ ~npaid witl~ int~nst s6~11 ~I holdtrs epti~w becaw~ dw aed payabl~ vvilhew woaa. F+Jr+~ t~ ~=Ka~ wc~ M~M "N ~ wsir~r ~f Nr ~~ght to ~:~rcis~ th~ sa~ in tiN ~v~~t ef svbspwat d~faYh. Ah~? w+twNr be* Pri~cip~l awi atcrwr i~hre~f sMY ws~ iwN?Mf N7 - l~l~ Y~?. tMM~ a~/ p~NN1. If Nis rte it ~N ~ai~ a~ ~ : Per snnvm until paid. Tbe mak~rs ~ud ~ndoes~n ~f this w~N f~rtlwr w~iv~ ~wawd. wtiu ~f wow~/~rw~~1 aN uw~ 1. u ` n,~~urity and tlu sanw is pbe~d wit6 +e atron~~r fw eelMetio~, Nw ~+k~n awd Mdwsta we~f ~Yr+~ w MI~ ~osrs snd nssosabb strorw~r h~s• Tt11S note 1.S 811}~~L'Ct t0 all the t@l'IDS ~ Pl'1V1810A8 ~ COD~ ~ ~ ditions and covenants of a certain real estate mortqage securing the paymen~; ~ hereof and bearing even date herewith made by the undersiqned to MEREDITB ~ G. KETTLEWELL. _ . - (s~~ ~ William J Deriler, . 'viduallY a~d as Trustee ~ ~ _(SEAt) i ' ~u~ J~ ~ ~ ~i-- - - _ Q'!~--- ~ - - (SEAI.) , - S ~i i i ?fi~i~l~~~~~1~i~Ifr~I~li,~lI1JJ,~f~~1t~I1~~~~Il~f~f~1l~~f~NI~~~~I~~I~i'Jf~~-~~N~~~~~1~?~~~?~?~~/~~~~l~I~-Jt~I~l~f~~I~~II~J~I~I~~~I/~I~~/~YI~~r~A~X/~I~• and shall duly, promptly and [ull~ per[orm, discharge. execute, e[frct, complete, comply wich and abide by each and er•ery the stipulacions, ap,recments, conditions and coeenanis o[ said promissorJ• note and o( this mortgage, then this morcgage and the estate herebv creatcd shall cease and 1>e null and ~•oid. It is understood that each of the words, "note;' "mortgagoi' and "mortqagee" respetticel~ and the pronouns referring thereto, svhether in the singular or plural an}~v?here in this mortgage, sl~all be singular if o~ic onlJ•.and shall be plunl joindy. and se~crally, if more ehau one, and shall be masctiline, feminine and/or neuter, Mhererer tl~e concext so impties or admics. And said \(ortgagor for himselt and his heirs, legal repre~entatices, wccessors and assigns, hereb~• co~•enants and agrees to and with saict \(ortgagee, his legal represenWtices. successors and assiRns: 1. "To pay all and singular the principal and interest and the ~•arious aud sundry sum+ ot mone~ pa~able b~ ~•irwe of said promissor?~ note, and this mortgage, each and e.•er~, prompdy on the days respecti~•ely the same seceraUv become due. 2. 1'o pay all and singular the taxes, assessments, le~ies, liabilities, obligations and iucumbrances ot e~er~ nature and ~ kind now on said de~cribed pro~~erty, and Jor that hereatte~ may be imposed, su[[ered, placecl, le~•ied or assessed thereupon, - ' and/or thac hereaf[er may be le~•ied or assessecl upon this mortt;aqe and/or the indebtednesx secured hereby. eath and e~•en, ; ' when due and payable accordiny, to law, 1>e(ore the) become delinquen~, aud be(ore auy iuterest actaches or am• pe~calt} is , ~ incurred: and in so [ar as any thereof is ot retord the same shall be prompdy satis(ied and discharged of record and the or- i iginal o[ficial clocument (wch as, for instauce, the tax receipt or the sati,(action paper of[iciallv endorsed or certified) st~all ; be placeci in the hands of said \tortgagee Mithin ten days next after p:n~nent: and in the e~ent ~hat ar~~• thcre»f is not so i ~ paid, satisfied and dischargecl, said ~tortgagee may at any time pay the same or any part thereof xithout wai~•inq or atfect- ~ E ing any option, lien. equity or right under or by ~•irtue of eh~s mortgaye, and the (ull amount of each and ecen such par- ~ ment shall be immediately due and payable and shall bear interesc (rom the date chereof until paid ac che rate o( te:~ pcr ~ centum per annum and together with such interest shall be secured by the lien of ehis mortqage. 3. To place and coneinuouslc keep on the buildings now or hereafcer situate on said laud fire and Nind~torm insur- ~ ance in the usual standard policy form, in a sum not less than ~he hiphest insurable ~•alue, in such compau~~ or companies as may be appro~•ed by said ~(ory;agee; and all such insurance policies on any o( said buildings, any iruerest therein or part ~ chereoi, in the aggreqate sum aforesaid or in excess thereof, shaU cont~in the usual staudard mortgagee dause making tht ~ lou under said policies, each and e~•ery, payable eo said ~tortgagee as his interest may appear, and each and e~•en such polic~r shall be promptly deliverecl to and held by said \(ortgagee; and, not less than ten cta~•s i~~ ad~~ance of ehe expiration of each ~ policy, to deliver to said ~Iortgagee a rene~+al thereo(, together Nith a receipt (oi the premium of such rener+al: and there shall be no such insurante placed on any o( said buildings, any interest therein or pare thereof, unless in the form and with the loss payable as aforesaid: and in the e~•ent any sum of money becomes payable under such policv or policies said \longay,ee shall have the option to recei~•e and apply the same on account o[ the indebtedness secured hereby or to permit said \tort~a- gor to recei~•e and use it or any part themof tor other purposes Mithout thereby wai~•ing or impairinR any equit}'. lien or right under or by ~•irtue of this mortgage: and in the e~•ent said ~Tortgagor shall for any rrason iail to kecp the said premises ~ so insured, or fail to deliver promptly any of said policies of iusurance to said ~foregagee, or fail promptly to pay tully any ~ premium therefor, or in any respect tail to perfotm, discharge, execute. effect, complete, compl}' M ith ar.d abide b}• this cov- ~ enan[, or any part hereof, said l~tortgagee maY place and pay for wch insurance or any put thereot Kithout wai~ing or ~ a(tecting any option, lien, equit}~ or right under or by virtue of this mortgage, and the full amount of uch and evtry such , payment shall be immtdiately due and payable and shall bqr interest from the date thereoE until paid at the rate of ten ~ per centum per annum and together with such interest shall be secured by the lien of this mortqage. ~ 4. To permit, commit or sufEer no wute, impairment or deterioration o[ said property or any part thereof. ~ 5. To pay all and singular the costs, charges and acpenses, including reasonable lawrer's fces and cost ot abstncts of title, incurred or paid at any time br said 1lfortgagee beuuse and/or in the e~ent of the tailure on tht part ot the said ~ ~tortRagor to duly, prompdy and fully perform, discharge, enecate, e((ect, complete, comply with and abide by uch and $ ~ every• the stipulations, ap;reements, conditions and covenants of said promiscory note, and this mortqage, any or either, and ~ said costs, charges and expenses, each and tvery, stull be immediately due and payable, Mhether or not there be notice, de- ~ mand, attempt to collect or wit pending; and the full amount of each and evtry such papment s6a1! bar inttr~at from the date thereoE until paid at the tate of ten per centum per annum: and all uid oosts, charga and acpensa ~o incurred or paid. together with such interat, shall be secured by the lien oE this mortgagt. gooK 213 ~acE ~ - ~ _ ~6 ~ ~ _ r I