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Home My WebLink About2056 :w ~ E---91~_s~0 •Q0._ STUART, Florida, ------~1------------1---------------- 19_~~. ~ FOR VALUE RECEIVED the unde~signe~, 'ointl and severally, PROMISE TO PAY to the orde~ of______________ ~ ~ JSifSil~ B~C$ H/11~~~_ ti~ri~a ba~d~i __aorporation----------_-~----___---------------------------------- -----'1'w0 ShDd~'1~1: '1'ti00Aw~ t~ 1~0/l~~-••••••~~••••_.•.•.•__••-~••••-~••------~~ DOIIARS, ; at !l~~~d ~~ab-.t.~-~M-d~ or such other place as the holder , - hereof may designate in writing, together with interest from date at the rate of T____ per centum per annum on the unpaid balante until maturity. The said principal and interest shall be due and payable t/ ~OZ10lai ~ Aac~cn~d iot~rs~t os th~ unpaid balaea~ ~ pa~abl~ ~ostbl~, b~imiu~ on~ aQdtti isoa dat~ hsr~oi. ~ prinoipal obli~atio• oi ttii~ aot~ will b~ ~ paid ia 90 ss~i-an~oal pa~ot~ oi ~,;a0. p~. th~ =ir~t pt~ut b~io~ ; dw •is tqath~ ls~oa dat~ ~syot. oot~ ~s~ b~ prrpaid lo ~rh~l~. ~ o~ ia pt~'t at a1~ tiM •itlwnt p~aslt~. All prepsyments •hsll be applisd ~ to the next •emi snnual installment~ until the amovat prepaid hs• been ezhausted. I( defauh b~ ~n~ for ~O - d~ys in ~M MY~t of ~nY imbllnunt d O~incipal a int~rnt w ~ny pwt ~Mr~of. N» whot~ sum ehM rernain~rp vnpaid witA int~r~st ~MII ~t Aold~r's •o-p-~~on bca~ dw +nd Wrebb witharl eotip. F~ilun ro~avds~ ~uch optton aMtt not ca+~(iyVe • waivar of tM riyM ~ .Y To ~aere~f~ tM a~~ ~n tM w~nt of subs~o:Mnt d~(wM. A(ta nywrity boM princip~l ~nd scvwd intKat ~ASII bw inter~ir at 11i PK cenru~n pw annum = ' ; une~l p+id. TM ~n~k~n ~nd ~ndws~n of Mi~ not~ fwtMr w~iv~ d~mM+d. naie~ of non~ym~nt ~nd proMU. If thi~ nor~ is not wid st m~nxity and fM same is o~~cW witA ~n atb?n~Y fw cdNction, tM nrkaa ~nd ~ndaNn Mrwf pr» w Pw ~11 ewts of oolNction, includieq ~II cowt cosa w+d rtasonabN ~nwn~y fees. k' s ; L1l~ YA1~OR Pa0?Pi~'lISB~ IIiC. ~ k _ ----------------------------------._(sEA?l) ~ ~ B~ s J ( sTsAL) rr ~ _ . ~ • : ~ -----~sEn~) ~ non~S~o"dTarT; T~s ~`reasurer 5 •:».k and ahall duly. prompUy and fully per[orm, discharge, execute, effect, complete, comply wtth and abide by each and _everp the stipulation~. agreements, condrtions and covenants of said prom~s~ory note and of this mortgage. then thls mortgage and the eatate hereby created shall cease and be null anu ~oid It ia understood that each of the words. "note." "mortgagoY' and "mortgagee" respectively and the pron- ouns referring thereto, whether in ihe singular or plural anywhere In thia mortgage. ahall be aingular if one only and ~hall be plural jointly and severally, if more than one, and shall be masculine, feminine and/or neuter. wher- ever the oontext ao impliee or admits. And ~ald Mortgagor tor hlmself and his heir~, legal representativea, successors and asslgna. hereby coven- ? ants ana egreea to and with ,~aid Mortgagee. his legnl representatives, successors and assigns: 1. To pay all and singular the principal and intereat and Lhe varioue and aundry auma of money payable by virtue o! said promiasory note, and thi~ mortgage. each and every. prompUy on the days - respecUvely the aame aeverally become due. - 2. - To pay all and aingular the taxe~, assessments, levie9, liabilities, obliRations and incumbrancea o! every nature and kind now on said described properly, and/or that hereafter may be imposed, auffered, placed. levied or assesaed thereupon, and/or that hereafter may be levied or assessed upon this mortgage and/or the indebted- ness secured hereby, each and every, when due and payable accor~iing to law. before they become delinqaent, ! and betore any interest attaches or any penally is incurred; and in so far a9 any thereof is of record the same ~ shall be promptly satisfied and discharged o[ record and the onRinal oflicial document (such as, tor inatance. i :he tax receipt or the satiafaction paper officiaUy endorsed or certifiedl ahall be placed in the hands ot said ~ Mortgagee within ten days next after payment; and in the event that any thereof is not so paid, aatisfied and t discharged, said lltortgagee may at any time pay the same or any part thereo[ w-ithout wai~~ing or aftecting ~ any optiOn, lien, equity or right under or by ~•irtuP of this morigage, and the full amount of each and every ~ such payment shall be immediately due and payabie and shall bear interest from the date thereof until pald at the rate of ten per centurn per annum and together with such interest shall be secured by the lien o1 this ~ moMgage. 3. To place and continuously keep on the buildin~s now or hereafter aituate on said land fire and windstorm insurance in the u.sual standard policy form, in a sum not less than s...-....-- ~aX1mtL~ tn such com- pany or comp^nies as may be approved by sai~l Mort~n~ce: an~i 111 such insurance policies on any of said build- ings, any interest therein or part thereof, in the a~~regate sum a[oresaid or In exce9s thereof, shall contain the usual standard mort~;agee clause makinR the locs ur.d~r said policies, each and every, payable to said Mortgar gee as his interest may appear, and each and e~•e:y su~•h pc~licy shall be promptly delivered to and held by said Mortgagee; and, not less than ten days in ad~•an~e of the expiration of each policy, to deliver to sa[d Mortgagee a renewal thereof, toRether with a receipt f~r the prPmium nt ai~~h r~newal; and there ~hall be no such insur- ance placed on any of said buildinRs, any interest therein or part thereoi, unless in the form and with the loas payable ae atoresaid; t?nd in the e~ent any aum ot money becomes payable under such pollcy or policies said Mortgagee shall have the optian to receive and apply the same on account of the indebtednes~ secured hereby or to permit said Mortqagor to recelve and uce it or any pari thereot for other putposes without thereby waiving or impairing any equity, lien or ri~ht under or by virtue ot this mortgage; and in the event said Mortgagor ahall ~ tor any reaso~ fail to keep the said premis~s so insur~d, or fail to dellver promptly any -of said policies ot insurance to said 1ltortgaqee, or fail promptty to pay Gilly any premium therefor. or in any reapect fail to per- ~ form, discharge, execute, eftect, complete, comply H~th and ebide by thia covenant, or any part hereot, said Mortg- ~ agee may place and pay for such insurance or any part thereof without waiving or atfectlng any option, lien, ~ equity or right under or by virtue of thia mortqage, and the full amount of each and every such payment shall be immediately due and payable and shaU bear interest from the date thereot unttl paid at the rate of ten per ~ centum per annum and together with such lnterest ~hall be aecured by the lien of this mortgage. ~ 4. To permlt, commit or suffer no vva~te, Impairment or deterloratton of safd property or any psrt thereot. 6. To pay all and aingular the ca~ta, charges and expenxs, including teasonable lawyei'e tees and coat o! ~ abetracte of title, incurred or pald at any tlme by aatd Mortgagee because and/or !n the event of the fallure ~ on the part of the said Mortgagor to duly, promptly and iWly periorm. dfscharge, eaecute, eifect, completq, comply with and abide by each and every the atfpulatione, agreements, conditCons and oovenante ot aaid promis- ~ wry note, and Ws mortgage, any or elther, and said costs, charges and e:penses, each and every, shall be im• ~ mediately due and payable, whether or not there be notice, demand, attempt to colkct or sutt pending; and ths - full amount of each and every such payment ahall bear interest tmm ths dste thereot untp pald st the rate at ~ ten per centum per annum: and all satd cosL, chsrgei aad eupenss~ w tncure+ed or paid, together wfth such in- tareit, ~ba11 De ~ecured by ths Ilen of thfs mortgage. aoux ~3 ~ 2~ ,:~ky ~ 44i ~„'='c a .~7.. 4 ;