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- STUART, Florida. - - - -l1------------- 1~g--- -
FO~~R~IVEO, the unde~signed, jointly and severally, PROMISE TO PAY to t~e order of.____
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~ -s--~ps~$a -ba~~--aes~s~~i9s--------------------------...--- - - - -
~ w+.~ DOLLARS, ~
~i at ~ ________________________o~ such othcr place as the holder ~
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.ti hereo may es~gna e m wnting, together with interest from date at the ~ate of . S_-..____ per centum per annum on the
; unpaid balance until maturity. The said p~incipal and interest shall be due and payabie ~ ZOZlO~ 2
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~~99~.60 a~onth, t~ lis~t ps~at b~io~ dw ow ~woth lroa dat~, aod
~ aostinaiu~ !or ~aoL ~oat~ t~ratt.~r wttil paid. Thi~ ~nr o! ~9~.~0
~ paid ~ach soatb sball lirst b~ as~dit~d to iatrrat aod th~ sw~ain~d~r
to tly p~inaipal o! tl~ obli~~ation. i'61s trot~ ~?ill b~ ~,pl~t~l~ paid
n
~it4 ~l6 ~athly P~?7~at~ o! ~9 • 80. n~lia ~oa?~s pr~Daid. Tl~ia n~ot~
~ ~?y b~ pr~paid at aq~ tir ~ri.lbont p~oalty.
If dtfwh br ~n~ for dayf in tM paYnrnt of ~ny inshlim~nf of pinc~p~l w ieN~~sf or anY part Mereof. th~ wAob suen rke~ re,»a;~:ng ~
= u~id w;eh 'nte»st sMll ~t AoldN' rioo b~coen~ dw and pavabl~ withoul eaie~, failw~ ro•zKCii~ sucA opNon st~ll rwr c n a w~~ver of the r:ght
to eaercit~ tM s~en~ in 1M Mnt of a eOcwn~ d~fwh. Afm rnaturify bpM pincipaf ~nd Kerwd inf~r~tf shall bNr in:enst sf ptr cent~m ptr annum
une~l paid. TfN malc~n ~nd a,doners of Mis not~ furNwe waivr d~ma~d. notic~ of non-p~ym~nf ~nd paa~. If this ne~~ is ner pa~d ~t mar,.~ey and r~,e same ~s
p1~cW wiM ~n attwn~y fw tOlhttion, tM nwkas and ~ndwNrt hM~of a~rN b pay atl cpb of tollKtion, int{ud~np all co~rr cosH ~nd reasonablt attorner fees. ~v
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and shall duly. promptty and fully pertorm, d~scharge, execnte, effect, complet~, comply wdh and abide by each
and everp the stipulations, agreements, cond~tions and covenants uf said promisaory note and ot this mortgage.
then this mortgage and the esta[e hereby created shall cease and be null an~ ~•oid.
It is understood that each of the words. "note." "mortgagor" and "mottgagee" respectively and the proa-
ouns reterring LhereLo, whether in the singulac or plural anywhere in thla mortgage, shall be singular if one only
and shall be plural jointly and severally, it more than one, and shall be mx.gcaline, feminine and/or neuter, wher-
ever the context so implies or admits.
Md sald Mortgagor tor himself and tus heirs, legal representatives, successors and essigt~, hereby coven-
anta ana agrees to and with said I?Sorigagee, his legal representatives, successors and assigns:
1. To pay ali and singular the principal and intereat and the various and sundry sums ot money payable by
vlrtue ot aaid promissory note. and thia mortgage, each and every~ prompUy on the days respectively the same
aeverally become due.
2. To pay a11 and singvlar the tr.xes, assessmenis, levies, liabilitie9, obli~ations and incumbrance~ ot every
nature and kind now on said described property, and%or that hereatter may be imposed, auffered, placed, le~led
or assessed thereupon, andlor that hereafter may be levied or acsc~ssed upon this mortgage andior the indebted-
ness secured hereby, each and e~ery, v~hen due and payable according to law, be[ore they become delinquent,
and before any interest attaches or any penalty is incuned; and in so far as any thereof is ot record ihe same
shall be prumptly satisfied and di~chareed of record and the on~;inal o[ficiai document (such as, [or i~istance,
:he tax receipt or the satistaction paper ofticiaUy endorsed or certifieci ~ shall be- placed 1n the hands of said
biortgagee within,.,ten days neat after payrttenL; and in the ereni that any thereof is not so paid, satistied and
discharged, said 11Sortgagee may at any time pay the same or any part thereo[ Kithout wai~ing or affecting
any opti~n, lien, equity or right under or b~• ~~irtu~ o[ this mortgage, and the futl amount of each snd every
auch payment shall be immediately due and payabSe and shall bear interest from the date thereof until paid
at the rate of ten per cPnturn per annum and togeiher with such interest shall be secured by the lien of this
~ mortgage.
3. To place and continuausly keep on tt?e bui2din~s now or hereafter aituate on said land flre and windstorm -
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! insurance in the usual standarci pulicy form, in a sum nnt iess than S-•----• 1n such com-
; pany or comp^:~Ees as may be approti•ed by sa;~) :11ort~a~ce: xnd :~II such insurance policies on any ot said build-
inga, any interest therein or part thereof, in the a~~rekate sum a[oresaid or in excess thereoi, shall contain the
( usual siandard mort~agee clatise makinR the I~~~g ur.~i~r said policies, ea~h and every, payable to s$id 11Tortga-
' gee as his interest ma3• appear, and each an~l e~~p: ~ su~•h ~lecy shall be promptly delivered to and held by said
; I?Sortgagee; and, not less than ten davs in adt•an~e of the expiration of each poticy, to deliver to said 1?Iortgagee
a renewal thereof: to~ether with a receipt f~r thP premium ~f aii~h r~newal: and there shall bc no such insur-
ance placed on any of said buildin~s, any interest therein or Fart thereot, unless in the form and with the los9
payable as aforesaid; and in the erent any sum of money becomes payable under siich pollcy or policies said
F MortRa~ee shall ha~~e the opti~~n to recei~~e nnd apply the same on account ot the indebtednes~ secured hereby or
; to permit said ASortRa~or to recei~~e and uce it ar any part thereot for ocher purposes withoat thernby waiving
or impairing an~ equity, lien or ri~ht ander or by ~ irtue oi this mortgage: and in the event said Mortgagor shall
for any resiso~ fail to keep the said pr?mis~s so inaumd, or fail to deliver prompUy any of said policies of
insurance to said 2ltortga~ee, or fail promptlp Lo ~~ti fully any premium theretor, or in any respect fafl to per-
form, dischar~e, execute, effect, complete, comply ~~~th and abiJe by this cotenant, or any part hereof, said 1?iortg-
agee may place and pav for such inaurance or any part thereof ~vithout k•airing or atfeciinq any option, liPn,
equity or right undrr or bv virtue ut this mortQage. anJ the full amount of each and every such payment shall
be immediately due and pa~•able and shall bear intPrest trom the date thereot until paid at the rate o[ tea per
centum per annum and toRether wiLh such lnterest ~hall be aecured by the lien of thia mortga~e.
€ 4. To permit, commit or suf[er no ~•aste, ampairment or deterloratlon ot aatd property or any part thereof.
_ 6. To pay ait and ainRvtar the costs, charges and expen9es, including reaaonable lawye~e fee~ and cost ot
aostracis oi iiETie incurceu ui Na;~ a4 m:d ,~~~DN~P' ~irrwu.x and/or 1n the event of the faflure
on the part of the said MortgaRo~ Lo duly, promptty and ttilly perform, dlecharge, execute, etfect, complete,
~ comply wlt?~ and sbide by each and evpry the sUpulation~, agreementa, condiUons and covenants of said pmmfs-
; aory note, and this mortgage, any or either, and swid costs, chargq and e~cpenae~, each and every, shal! be Im-
mediatety due and paysble, whether or not there be noiice, d~mand, attempt to collect or ~ult pendinR: and the
' full amount of each and every ~uch payment ahnll bear interest fram the date thereot untU paid at the rate of
' - ten per centum per annum• and all eatd caefe, charqe~ and expense~ so lacurerd or pald~ Wgether with auch ln- ~
° terest, shW be secured by the lien oi Ws mortgage.
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- BueK 215 ~AC~ 3.2!33
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