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Home My WebLink About0237 , , , . .j . ~ s---11 STUART, Flo~ida. M. 19_9a- ; FORd~~~~~~~~9~~~i ~~~~~y~1~l~~ARY to the order of_----------------------------~--------- ~ - ~M~~......~..~~..~~~..,~.,..~~~«...~..~..«. DOlLARS, ~ ~ at T~~ a• ~ ~ or such othe? place as the holder ~ hereof may designate in writing, together with interest from data at the rate of per centum per annum on the i unpa~i la until ma u ity. he ri 1 and i te st hall due and payable ~ lOllO~t ;1~. ~ a ~os~~i, t~ ~~~'i~"~i?~~~ ~~a~ ~a oy ~oath tro~ ~4?t~, add ooatieui~ !os ~aa4 ~sdtb tb~s~ail~r ~til p~id. TAi• ~w~ o! =1a.1'.4T paid ~aoh ~oatd ~6a11 lir~t b~ osrdit~d to iot~swt tat tlr~ ru~aiod~r ~ to th~ p~iwipal oi t6i• obii tioa. u~ o r '1'l~i~ 1~0 t111 b~ OO~pl~t~Z~ paid Z ~ith 1~0 ioatLi~ D~~~t~ oi ~1~.4T~ wl~ ~ooMS Drrpaid. Tli~ aot~ ~ r?s b~ ps+Daia at ~W? ti~ s~lbou! p~~altr. ~ If default b~ rnad~ iw day~ in NN Wvm~nt ot any GatalMn~nt of P~inciWl a int~t a+nY o+K th~nof. tM who1~ w~n ehen .~rnin~.p v.'pa~d with NMlNpt ~tl ~t laldK'a option E~can~ du~ ~nd p+Y~bb witFwuf nwip. Failun f0 f=Ntitf such option shall not ~p~~~ a wuva of tM r~9ht ~o eaNCis~ tM ss~ in tM ~v~nf of svoHqc~+~t d~fwlt. Afnt nrhKily bolh pinaWl and ~tawd inhresf sha11 bw inttrest at !Y_ p~s c~ntum per a~num ~nr~l paid, iM m~kKt and ~ndorswa o/ N+is na~ fwtM~ w~iv~ d~mand, eotid of na~paym~nf ~d p~a~st. If this non is nor paid at inawriy ~nd tM am~ is ~ a1xW with a~ anwe»y 1w colMctioe~, tM nwkpa awd ~ndorwt Me+o1 sprN b pq ~t! oosb d wlNction, includinp all wwt cosh and rsasoMbN anornay fca. ~ --------°---------------~5~~~ i, -~~~----------"-----------~------------~.5~~~ ti ~ • ~1~D--"---------~--••----~----'------- ~.5~~~ 2, . :":'ti ~ ~"~~"1' and shal! duly. pmmpUy and fully perform. discharge. execute, ettect. completp, comply wlth and abide Dy each and everp the stipulationa. agreements, conditiona and covenants of said prom~ssory note and of Utie mortgage, then thle mortgage and the eataGa hereLy create@ shall cease and be null ancl void. It i~ understood that each of the woecfe, •'note," "mortgagor" and "mortgagee" respectively and the pron- ouna referring thereto, wheWer in the singular or plural anywhere in thia mortgage. ahall be eingular 3i one ody and shall be plural jointly and severally, if more than one, and ahall be mescuifne, feminine and/or neuter~ wher- ever ihe oontext ao impliee or admits. And said Mortgagor for Mmselt and his heirs. legal representative9, successors and assigns~ herebq coven- snte ana sgrees to and with aaid Mortgagee. his legal representatives, successors and asslgna: 1. To pay all and aingular the principat and intereat and the varioua and aundry suma of money payable by virtue oi aaid promiasory note. and this mortgage, eacb and every. pmmp[ly on the daya respectively th~s same aevetally become due, ~ 2. To pay all and aingular the taxea, AQmeQments, levies, liaDilities. obligations and incumbrance~ of every ~ nature and kind now on said described property. and/or that hereafter may be imposed, auffered. placed~ levied or assessed thereupon, and/or that hereafter may be levied or ass~ssed upon this mortgage and/or the indebted- ness secured hereby. each and every, when due and payable according to law, before they become delinquent~ ( aad before any Interest attaches or any penxlty is incurred; and ~n so far as any thereof is of record the same ahall be prompUy satisfied and discharged of record and the original official document (such sa. tor inatance, ~ the tax receipt or the satisfaction pnper officialty endorsed or certified) ahall be placed in the hands of said Morigagee within ten days next after payment; and in the event that any thereof is not eo paid, satisfied and dlscharged. said Mortgagee may at any time pay the same or any part thereot without wai~~ing or affecting any option, ilen, equity or right under or by ~irtue of this mortgage, and the full amount of each and every auch payment sball be immediately due and payabte and shall bear interest from the date thereof until paid : mort a~te of ten per centurn per annum and together with such interest shel! be secured by the lien o! this ~ g $'e- ! 8. To. place and continuously keep on the buildin~a now or hereafter aituate on said land tire end windstorm { Insurance in the vsual siandard policy form. in s sum not les9 than i-------- _M1X3IDllm------•----•-••-•---••----. in auch com- ~ pany or comp^nies as may be approved by said Mort~a~ce; and all such insurance policies on any of esid bulld- ; ings, any interest therein or part thereof, in the aR~regate aum atornsaid or fn excess thereof. ahall contain the ; usoal siandard mortgagee claase making the ln,cy ur.d~r s:sid policiea each and every, payable to said Mortga- gee as hfs interest may appear, and each and e~~ery sur•h pnlicy shall be promptly delivered to and held by said Mortgagee• and, not less than ten days in advan~e of the expiration ot each policy, to deliver to snid Mortgagee a re::ewal ~thereof, to~ether with a receipt for the premium ot au~h rnnewal• and there shall be no euch insur- ance placed on any of said buildings, any intemst therein or part thereof. unless in the form nnd with the lose payable an aforesaid; and in the e~ent any sum of money becomes payable under auch pollcy or policies said Mortgagee shall have the option to r~eceive and apply the same on account o! the lndebtedness secured hereby or to permit said Mortgagor to rece3~•e rend uce it or any part thereot tor other purposes without thereby waiving or impairing any equity, lien or right under or by virtue of this mortgage; and in the event said Mortgagor shall • for any reaso7 fail to keep the said premises so insurcd, or fail to deliver prompUy any oi said policies ot ' insurance to said Mortgagee, or fail prompUy to p~y fiilly any premium therefor. or in any reapect fail to per- ~ form, discharge, execuLe, effect, complete, comply with and abide by thia covenant, or any part hereof. said Mortg- S agee may place and pay for such insurance or any part thereof without waiving or atfecting any option, lien. ~ equity or right under or by virtue of this mortgage, and the full aqiount of each and every auch payment ahall : be immediately due and pa3able and ahaU bear interest from the date thereof untll paid at the rate ot ten per ~ centum per annum end together wfth such interest ahall be aecured by the Hen of thia mortgage. ; To permlt, commit or suffer no w aste. impairment or deterloradon ot sald property or any part thereoi. b. To pay all and singular the costs, charges and expenves, includtng reasonable lawyet'e teea and coot ot absttacta of title. lncurred or paid at any tlme by eafd Mortgagee because and/or in the event of the fatIure on the part o[ the safd Mortgegor to du1y, prompt~y and ttilly pertorm~ dlacharge. e~cecute, effect, complete, complq wlth and abide by each and every the stlpulaUons, agreemeata, condltions and covenante of said promis- sory note, and tht~ mortgage. anq or elther, and sald costa. chargcs and w..~penaes, each and every. ahall be lm- mediately due and payable, whether or not there be notice. demand, attempt la collect or auit pendin~; and ths iWl amount of each and every such payment ahall bear interest trnm the date theteot untti pald at the rate oi ttn per centum per annum• and all asfd coste. charges and upeases so lncurr~ed or paid, together with such fn- terest, sLall bs secured by the llea o! this mortgage. . ; e do~ 2i4 p4~~ 237 ~ ..~r~~. - _ _ _ _ ~ ~ ~ ~ v~ ~~~~~~~4~~~ - r~ ~ ~ _ . _