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Home My WebLink About0264 ? ~L • ~ 3.__'~~~..~Q------- STUART, Florida, 19.7''~_ ~ FOR VALUE RKEIVED, the undersi ned, 'ointl a~d severally, PROMISE TO PAY to the order of - - - ~ ___~~__~~YIS~Y_~~ --~i!_.=,~.xl------------------------------------------- - ~M~~~MMNM~~~~N~~M ~ __.._Z.~_~ ~.~~~~__~~.~A~ - QQ - - DOLIARS, ; at _~~.~~.~~5-~1a--~-4.~~~--~~-~ ---------or such other place as the holder :i• hereof may designate in writing, togethe~ with interest from date at the rate of _ 7____ . per centum per annum on the ; { unpaid balance u~til maturiry. The said principal and interest shall be due and payable ~ ~OllO~t ~ Ie ~oatbly isutslLw~t~ oi ~~.49 ~ the lirst p4~ot b~i~ dw oa~ ~oat4 ~ ~ iroa clo~iu~ aad contis~~~ ~scti ioath ti~r~sit~r uatii peid. Th~• ~wa oi ~8.43 paid ~acl~ ~oetti shail iirst b~ ar~dit~d to inl~r~rt add tR~ r~~aio~der to ths prircipal ot this obli~?tios. Thi~ not~ ax~ be prep~id ~ ~ ia ~~ol~ or io ~art at a=p ti~s witlant p~aalt~. ? ~ ~ ; ~ If del~~lt M inad~ iw d~yt in th~ paY~t of ~nY imht4nM1 of p~incipal or intK~sf w any par~ ~hereof. +A~ wAole w~n ?hen .ema~~~no . ! w~p~id w~d+ inte+yr shatl at holdK's opuon E~con+~ dw +nd p~v~bl~ wiNaut notic~. hih,r~ to nac~s~ such option ~hall not cona~j~e • w~~ve. 01 N~e r:gh1 ; +o ~aacit~ tM saen~ i~ tM twnt of subseq'vent d~f~ul?. Afrtr nutwity boM wincipal and ~ccrwd interest sMll b~sr inrKeu ~t i{R pa c~nrum per arv+.,m } ~ ~n~~l paid. TM nuk~rs ~nd erdws~rs of Mia no~~ fwtMr wa~w danuid. notic+ o! ~wn-paym~nt ~nd pr t. 1 ~hia not~ ta rat paid at m~rx~ty snd the aart+e ~s = pl~cW with ~n ~nwnhr fa cdNct~on, tM m~k~n ~nd ~ndw~s Mrwf +9~N p P+Y ~II ~ i ~Gnp all owesoib and re~wn+bk anuner teea. 2 .y . t - , l.S~l~ ~ •t , W Z L"l+ ~ ~ G ° Py - , - , - . . . . (SEAI) { ~ - - _¢~~__u_~`-c,~--- - - ~ o..}ti~?~}u~~-."».+vh '~G~1ai~4~ 'M}ti~+{~+hk+~7..0~~G~+.h~' i~~~h~k+~h~{~++}ti'?ti'M: fi•;..} ~ . ; - ~ . ~ and shall duly. promptly and fully perform, d~scharge, execute, ettect, completP, ~omply w~th and abide by each and everv the stipulations, agreements, conddiuns and covenants uf said prom~saory note and of this mortgage. • then this mortgage and the estate hereby cteated shall cease and be null and roid. ~ It ia understood that each ot the words. "note," •'mortgagoC' and "mortgagee" respectively and the pron- ; ouns referring thereto, whether in the singular or plural anywhere in this mortgage, shall be singular it one only = and ~hap be plural jointly and severally, if mure than one, and shall be ma.gculine, teminine arsd/or neuter, wher- e~ er the context so implies or admits. And sald Mortgagor for himaelf and his heirs, legal representatives, successors and essign~, hereby covea- i ants ana agrees to and with said I?iortgagee~ his legal representatives, successors and assigns: 1. To pay all and singular the principai and interest and the vaiious and sundry sums ot money payable by vlrtue of said promiasory note, and this mortgage, each and every, prompUy on the daya respectively the same ; aeverally become due. f i 2. To pay all and singular the tsuces, esses5ments, levies, liabilities, obli~ation~ and incumbrances of e~ery ~ nature and kind now on said described property, and/or that hereatter may be imposed, auffered, placed, levied ~ or asse~sed thereupon, and/or Lhat hereafter may be levied or assrssed upon this mortgage and/or the indebted- E ness secured hereby. each and every, vehen doe and payable accorciing to law. before they become delinquen~ j and betore any interest attaches or any penalty is iucurred; and in so [ar as any thereof is ot record the same i shall be pivmptly satisfied and discha sed of record and the on~inal otficial document (such a~, for instance, s ~ ;he tax receipt or the satisfaction paper offieially en~torsed or certified) shall be placed in the hand~ of said ~ Mortgagee within ten days next after payment; and in the e~~ent that any themof is not so paid, satisfied and discharged, said Mortgagee may at any time pay the same or any pari thereof w-ithout v~ai~~ng or affecting ~ any option, lien, equity or right under or b~' ~'~rtue of this mortgage, and the fuli amount of each and every ~ such payment shall be immediately due an~i E~ayable ~nd shall bear inlerest from the date thereof until paid at the rate of ten per centurn per annum and to~ether with such interest shall be secured by the lien oi thie s mortgage. ~ 3. To place and continuausly kePp on the bu~ldin~s now or hereafter aftuate on said land fire and v~lndstorm ~ insurance in the usual standard policy form, in a ~um n~t less than s.... ..~.~Xl~~ 1n such com- . ~ pany or comp^nies as may be approved by ~aid DT~rt~a~ce: an~f all such insurance policies on any ot said build- ing~, any interest therein or part thereof, in the a~fireKate sum a[orPSaid or in excess thereot, shall contain the usual standard mnrt~agee clause makinR the In~s ur.d~r said policies, each and every, payable to said Mortga- ~ gee as his interesi may appear, and ench as:d e~•e: y sii~~h policy shall be promptly delivered to and held by said • ~ blortgagee: and, not less than ten da~s in ad~an~e of the expiration of each policy, to deli~er to sxid btortgagee a rene~val thereof, to~ether w~ith a receipt f~r thP prPmium ~f a~~rh r~newwl: and thpre ~hall be no such insur- ance placed on any of said buildinRs, any interest therein or pAri thereot, unle~ in the form and with the loss ~ payable aa aforesaid; nnd in the e~•ent an}r sum of money becomes payable under such policy or policies said MortRagee shall ha~•e the opti~~n to recei~e and apply ti:e same on account of the indebtednes~ secured hereby or ~ to permit said ~iortRa~or to recei~•P and u~e it or any pnrt thereot for other purpo9e~ without thereby wai~~ing ; ~ or impairing an~ equity, l:en or r.~ht under or by ~•irtue of this mortgage; and in the event 9aid Mortgagor shall fi for any reaso~ inil [o keep the said premi.~s so in~ur~d, or fail to deltver promptly any of said policies of 3 ~ insurance to said DtortgaRee, or fail prompily to pay fully any premium therefor, or in any respect fail Lo per- ~ form, dischar~e, execu.e, effect, complete, comply u~th and abide by this covenani, or any part hereof, said Mortg- agee may place and pap for si~ch inaurance or any part thereof ~vithnut waiving or affecting any option. liPn, equity or riRht under or b}• ~•irtue of this mortRage, an~ thc full amoimt o[ each and every such payment shall be immedialely due and pa~•able and shell bear intPrest from the date therewf unttl paid at the rate ot ten per _ eentum per annum nnd together w~ith such interest shall be aecured by the lien o[ thia moctgaRe. - { 4. To permlt, commit or autfer no waste, impairment or deterloration oi sald property or any part thereot. 6. To pay ell and sin~ular the costs, charges and expenses, including reasonable lawyee's fees and cwt o! ~ sbsiracts of title, fncurred or pa:~ ::me by satd Mortgagee because and/or tn the event ot the fallure on the part ot the said Mortga~or to duly, promptly and hilly peKornn, dtecharge, e~cecute, effect, complete, comply with and abide by each and every the sUpulationa, agreements, conditions and covenante of said promL~- sory note, nnd thi~ mortgage, any or either, and sxid costs~ charge~ and expenses. each and every, aheU be tm- - medjately due and payable, whether or not there be notice, demnnd, sttempt to collect or ~ult pending: and the iWl amount of each and every auch payment ahall bear interest trom the dete thereoi untll paid at the rate of ten per centum per annum: and all eafd co~ts, charges and eapenee~ eo lncurred or paid. together with such Sn- terest, sball De secured by the lfen o! thfs moKgsge. ~ a ~R ~ ~ B~oK 2~5 P~~f 264 ~ ~ _ ~ ~w~ ~ ~ ~ # ~~~.~.~°e-~y~.~ & '~',.s~'s§x~`S~,-^~` 3` -a~~ . _„_~~~4~ . _ ,~-Ese~~'y.~°.`-°'-'°ay