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Home My WebLink About0260 :wk tiiM~+Cw+~ti~~?iw+~0~ ~ STUART, Florida, 19~5.- ~ ; s-----------~--------------- - i ~ y. FOR VALUE RECEIVED, the undersigned, jointly and severally, PROMISE TO PAY to the order'of___.___.. y .i - - , ---------~Q~- - ~ ~ ~ ~ ~ ~ ~~~+~~~~~.rN~~.~w~~~~~~r t t--•------- s ---_~-_..___.__.__-______________L_.____----------------------•------------------- - DOlLARS ~ 'i ~1c~rid~ ~ f at _.__~p~1i~-.~--- ____________________________________________or such other place as the holder ; hereof may designate in writing, together with interest from date at the rate of __._'r_____ per centum per annum on the i unpaid balance until maturiry. The said principsl and inte~est shall be due and payable u=OZZON i ~ lioat4ly instails~at~ oi ~i~.4a. tti~ lirst pa~nt b~iag du~ op~ ~setd ~ ~ iros closin~, aard oo~tie~ios ~acd ~ottb thh~?s~att~r ~til paid. 't'bi~ ; ~ ~un~ o! ~~8. ~3 psid eaah wwdtb shsll ttret b• cr~iited to istsr~st •e~d ; ttie roasin~der to tht principal o! this ob~iRatioa. T~i~ iot~ ~ay b~ prapai~ in ~rho2~ or in ~rt at s~y ti~e ~ithout p~sslt~. ~ ~ ~ k If defwlt b~ ~nad~ ter __~7V d„n in tM p~ym~nt of ~nY ieqhllm~nt of pinc~pal a inN~eat a anY p~rt N~ersof. +M wAol~ sum N,en rema~~~~g . = unpaid wi~A ~nterear shaG u holda's op ~ron b~carw dw +~+d Wr+bb wiMoul naic~. Faikx~ ro•¦KC~w sucA op~ion ~h~ll na cons?ifu» ~ ws~ve. ol ~hs r~gAt ?+o ~a~?c~s~ th~ u~ ~n M,~ ev~nt oi sutrsp:»nt d~fwt~. Afrer ~n.w.~~y boM princ~wl ~nd ~ccrwd intM~s? ihstl be~r ~r.rerest st 1a pa ce.~+~m per ann~m Z i ~ntil p~id. iM msken and eedwun of Mis ~or~ fwtMr w~~~ dansnd, notic~ oi noapayment ~nd Want. If th~s nore ~s nor paid'~Ill~~nan.r~ty and tM ume is ti •f v~~ad with ~n ~ttoroey fw colNction. tM mak~n ~nd ~ndors~rs Mrwf Oay dl coari of tolNctian. includu~p court coib and re~son~~l~ anwnev fes~. ~ - ~ ~ ~o Py t _ ~ - ~ ' ' _ - (SEAL) ~ ~ ~ , ~ - . ; ~ (SEAI) ~ ~ ~ . : :».~~~h '?{.a.+.ti{~s++.'.ti+.}.; :»;~;»r and shall duly, promptly and fully pertorm, d~scharge, execut~, effect, complet~, comply w~th and abide by each and every the st~pulations, agreements, cond~tions and covenants of said promissory note and ot t.hi~ mortgage. then this mortgage and the estate hereby created sh:iU cease and be null and void It is understood that each of the wonis. '•note," "mortqagor" and "mortgagee" respectl~ely snd the pron- ouns reterring Lhereto. whether in the singular or plural anywhere in thls mortgage, ahull be singular i[ one only and shall be plural jointly and severally, if more than one, and shall be tnasculine, feminine and/or neuter. wher- s ever the context ao implies or admiis. And said Mortgagor for himselt and his heirs, legal representati~es, successors and assign~, hereby coven- ants sna agrees io and with said biortgagee, his legal reprrsentatives, suceessors and assigns: 1. To pay all and singular the principal and ii?tereat and the various and sundry aums of money payable Dy virtue ot said promissory note, and this mortgage, each and every, prompUy on the daya tespectively the same eeverally become due. . ~ 2. To pay all and singular the tanes, assessments, tevies, liabilities, obliRations atid incumbrances ot every nature and kind now _on said described property, and/or that hereafter may be imposed, suffered, placed. levied . , s or asse9sed thereupon, and/or that hereatier may be levied qr assessed upon this mortgaqe and/or the indebted- ~ ~ ness secured hereby, each and erery, w•hen due and payable accorciing to law. before they become delinquent, } and before any interest attaches or any penalty is incuned; and in so far as any thereof is ot record the same } j ahall be pn~mptly satisfied and dischareed of record and the onRina! of[~cial document (such a~, for instance, ; :he tax receipt or the satisfaction paper officially en~lorsed or certifiedl shall be placed in the hands of said i ~ biortgagee within ten days next after payment; and in the e~~ent that any thereof is not so paid, satisfied and E discharged, said Dlortgagee may at any time pay the same or anV part thereof w-ithout wai~~ing or affecting ~ any option, lien, equity or right under or b~ ~•irtue of this mortgage, and the ftill amount of each and every such payment shall be immediately due an~i {~ayabie and shall bear interest [rom the date thereof until paid ~ at the rate of ten per centurn per annum and t~~ether with such inLerest shall be secured by the lien of thie ~ mortgage. ~ 3. To place and continuously keep on the busldin~s now or hereafter attuate on said land fire and windstorm ~ Maximum insurance in the usual standard policy form, in a sum not less than S-- fn such com- ~ pany or comp^nics as may be approi~ed by ~ai~l Dtort~-a~ce; ami ~Il such insurance policies on any of said build- j ~ ings, any interest therein or {:ari thereof, in the a~~r~gate sum atorPSaid or in excess thereot, ~hall contain the ; usual standarA mort~agee clau.se makinR the lu~s ur.d~r sald policies, each and every, payable to said btortga- ~ ~ gee as his interest may appear, and each ar.d e~•p: su~•h pol~cy shall be promptly delivered to and held by said Mortgagee; and, not less than ten days in ad~•anre of the expiralion of each policy, to deliver to sxid btortgagee ~ a renewat thereof, to~ether with e receipt f~r thP prPmium ~f ai~~h r~newal: and there shall be no such insur- ~ ance placed on any ot sald bvildinRs, any interest therein or part thereo[, unless in the form and wiih the loss ~ payable as aforesaid: and in the e~•ent any sum of money become~ payeble under sueh pollcy or policie9 said x Mort~aRee shall ha~•e the opti~n to recei~•e and apply the same on account ot the indebtedness secured hereby or ~ to permit said 3tortRaRor to recei~•~ and use it or any rart thercot for other purlwses without thereby waiving ! ~ or impairing an~ equity. lien or r~ht under or by ~•irtue of this mortgage; artd in the event said Mortgagor shalt tor any reasoa f~il to keep the said premie~s so in~ur~d, or fail to dellver prompUy any ot said policies of ~ insurance to said 11SortgaRee, or fail promptly to pay [ully any premium therefor, or in any reapect fail to per- form, diacharge, execuie, effect, complete, comply ~~-ith and abide by this covenant, or any part hereot, ~aid Diortg- ~ ageP may place anA pay for such in=urar.ce or any part thereof ~vithout v~'aiving or atfecting any option, lien, :`s equity or right under or by virtue ot this mort~age, and the full amoimt of each and every auch payment shaD r be fmmediately due and pa}•able xnd shall bear intPrest from the date thercof untll paid at the rate ot ten per ~ centum per annum and together with such fnterest shall be aecured by the lien oi thia mortgage. s: 4. To permlt, commii or auffer no w•asie, impairment or deterloratlon of aaid property or any part thereof. 6. Ta pay aU and sinRular the costs, charges and expenses, including reaaonable lawyer'e fee~ and coet of abstracta ot tiUe, fncurred or paid at any time by safd Mortgagee becauae and/or 1n the event of the fallure ~ on the part o[ the said MorigaRor to duly, promptly and fully perlorm, dlscharge, ra[ecute, effect, completa. 3 rnmply with and abide by each and every the sUpulationa, agreementn, conditions and covenanfa of said promi~- aorq note. and thi~ mortgage, any or efther, and said cost~, charges und e:penses, each and every, ahall be 1m- mediately due and payable, whether or not there be notice, demnnd, attempt to collect or ~uft pending: and the - full amount ot each and every such payment ahall bear interest from the ddte thereof untll pald at the rate o! ten per centum per annum; and all eafd ca+te, charge~ and eacpenees so lncurred or paid, together wtth euch ln- terest, shall be eecured by the lien of thls mort SaBe• ~ - ~ ~ooK 215 ~~~f A ~ ~ - i I~ : r ~ 3 ~ ri~ n..r ~ ~ v : ~ E.,:~ ~ ~i ~ ~