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Home My WebLink About0539 ~;r~i~?yYj~y-~j~I~1~j~~~~I~I~I~I~I~I~I~~~~~I~I~i~i~i~i~i~~~i~i~I~i~i~i i~i~i~i~i~i~i~i~i~i~i~i~~~i~i~I~i~I~r~i~i~i~i~s~i~i~i~i~i~i~i~i~i~i~i i~i~i~i~i~i~i~i~I~i~i i i i~i~~~i~j~~~~~j~j~j, 343_,100, 00 Stuart, Florida October ~ ~ , 19 73 ~ FOR VALUE RECEIVFD the undersigned iantly and severally, PROMISE TO PAY to ths onle~ of ~ WILLIAM E. ~LOVER, as 7~~uatee ~ - - - THREE HUNDRED FORTY-THREE THOUSAND ONT HUNDRED end 00 100------------ RS ~ - - . - - - - - - at ~5 FY~ ~~t Bl~. ~ 150 E. Pa1n19tbp P~1c Rd.lBOOd Rat~O[lo such other plsce as thsh der ~ ~ hereo; may designsts in writing together with infe~est from ~=_~T •~73 _ Flcac~d~a 33~32 1 at the rate of __.7 ~ 5 per tentum per ant?um on the uepaid balance until msturiy. The s~id principal ~nd interest shall ~ be due and payable as foiiows: in give (5) an n u a l i n s t a l l m e n t a o f $ 6 8, 6 2 0. 0 0 eac h, ~ plus intereet then due, be gi n ni. n g o n O c t o b e r l 7 ~ the same day of each year thereafter until the entire 4~ ~ d cont inu inq on ; principa2 and intereat shall be full ~ ; y paid. This note may be prepaid in full or in ~ ~ part at any time after January 1, 1974, ~i~hout penalty. ~ . : : K d~huh b~ mad~ /or 30 days in th~ paymenl of any inslallu~rnt oi p»ncipal o? ial~mf er anr pih tMr~of, tM wl?ol~ sun~ !Mn ?en?sinino ~ ~ unpsid wilh inl~rest shall at I~old~r's option b~com~ du~ and p~yabb withou~ wotic~. Fail~n to •x~rcis~ sYCh opfion sAall not tonstifut~ • waiv~? oi IM ~ right ro ~x~rcis~ ~6~ sanN in th~ ~v~m of subs~quenf defauit. Aft~r mstvriry boM p~iacipsl and sccrwd inMres~ shali b~ar inMr~st a1 7~ s' p~r ceotum ~ ; per i11qy11~ unlil p~id. Th~ ~nak~ts and ~ndors~?s of fAis eof~ fuHA~r w~iv~ ~mand, nolie~ oi nqn~p~ynNwf and p?el~sf, If this nolt is not paid sl matu~ily and tb~ s~m~ is plac~d wi~h n a orn~r fo~ coll~ ~on, th~ a ers and ~ndo~se ~eoi agrt~ ~o par all cosh oi olk on, includiny ~II couH ;~a=~s ~~a ..~.o~,b~, .na.~.r ~1'h~9 note ~.s su~~ect to a~~ the terme, provf s~ons, conditions and covenants of a certain real estate mortqage, securinq ; the payment hereof and bearinq even date herewith made by the undersiqned to William E. Glover. : ~ . h . t,. ' Ibl T~ ~ IJC. E ~2. (SEAL) ; ` ~~~A~3_ J. - LN7.~R, II : : ~~N~.~ER~KE~o~h- in ~ their individua~EAl) ~ capacitie~ and~ as Co-Truateea without - . . . persorial liabilitY• Is~atf I I P I f I I I f I I I I I~ I I I I I I I I I I I I I/ 1 I I I/ I I~/ I t I I I I? ? I I I~ I/ I/ I I f I I I/ I~ I/ I/ I~ I I I i I I I~ I I I~ I I I I I I f I I I-I ~ I I 1 I i? I I? I I I I 1 I I I 1 1? I 1 I I I i~~ I I~ I I I I I 1~ I I I~ 1 1 I~.I 1 1 I I I I? 1 1~ I~ I 1~ I I I~ I? i I I I~ I I 1~ I I I I~~~ 1?~~~ 1 1 I? 1 and shall dul~~. Frromptly and (ull~• ~~erforrn. diul?ar~e. ezec~te. etfrct. complete. compl~• ~vith aud abide b~ each a~id e~.er~. tl~e stipulatiut~:, aKrecmcuts, conditiou. ancl u~~euaut~ ~f S1t[I ~NOtlllswf~ note aud o[ ~his mort~aQe, theu this mortpage and the e~t.itr hereb~ crcatrd ~f~all cea~e and be nu11 and ~oic1. It is uuderuixxi that each of tl~e words. "note:' "mortgagor" and "mortgaRee" resprcti~eh• a~~d the pronouus re[erring thereto. ~.•hether in the sinRular or ptural an?where iu t.ii, morty;a~e, shall Lr siuKular if e?nc onl~• and sh:~ll bc ~~lural jointh~ and se~~er:iUy, it mure tf?au one, and shall be ma.culiue. femie~ine and; or neuter. N•here~er the context .o implic- or admits. .~nd szid Vorty,a~or for 1~imsc!( aeid liis hcirs. le~;al re~re~cntati~es. ~ucce;sor; auci a,siKns, herrb~- co~enant~ and agrees tn and M•ith taid \Ior~gagee, his leKal representati~~es, successurs and a~.i~uc: ~ t. 'I~o pa}' a!1 at~cl ~'n~gular the ~~rintipal ancl interest and the ~~arir~us and sundre sum, of m~ur~~ ~~a~ible bc ~-irtue o[ said pr~~mi,wr~~ i~ute, a~~d this mortgaRe, rach and erer?, prompth• on the da~~s rc~pecti~~el~ the +ame se~rrallc brtome due. 'To pa~• aU and siuQular thr ta~es, asses;mcuts, !e~•ies, liabilities, obligatiot~s aud iucumbrauces uf cver~• nature and kind n~~«• ~m said dreribcd propern~. :~ud or ehat herea(ter ma~~ be imposcd, su((ered, placeel, le~•icd or :isse~sec{ thereupou, auel!or tl~at hetea(ter m:n• be Ie~~icYi or a.u,~l u~n this mori;;aKe and ~or the i~idebtectnc.s secured herebc, eaeh and e~en•, ~.tien due :+nd pa~ai~ie accordiu~ to I:nv. I~e(ore tleer brcome elelinquent, ai?d bef~~re an~• i~uere~t attad~es ~~r am~ peia:?It~• i: incurreel: and in s~ far as auc therrof is ot record the same shall be prompth• s:itisfied and clicchar~ed of reiurd a~id the or- iginal o((icial documet~t (~uch a:. G~r instau~e. the tax receipt or tl~e sati,(action ~~a~?er of(iciall~ eudurscd certi(;eilj ,hall j be placc~l in the h:~nds ot ~.~id \(~~rtGa~ce ~+•ithiu ten dacs ticxt aftrr ~r~~mcnt: and in t~ie e~~eut !hat a+~ti~ ihrre~~f is not so _ p.~id, satisfied and diuhar~eci, saie! \fort~a~ee ma~• at an}' time pa~ the .-rme or an~~ part thereot M~ithout Mai~iug or affect- ii~~; :in}~ option. lien. equin• or riRht undrr or by ~~irwe o[ th„ mortKa~e. and thr (ull amuunt ~~t each aud e.erc ~uch pa~~- ; ment shall bc immediateh due cu~d pa~able and ,hall bear interest trom the date thrreo( until paid :~t thc nte ~f tea pcr ~ centum ~er annum ai~d togc~hcr ~vith suth iuterest shall be sccurcd b~ the lien of this mort~a~;c. ~ 3. To placr and c~~utinuoucl~ keep on the buildinKs no~c or herea(ter situate on s:iici L~nd tiic a~id ~vinchtnrm insur- ance in the u.ual staudard ~x~licc form, iu a sum not less than ihe hi~hest iusurat>le ~~alue, iu sarl? compan. or c~~mpauies as ' ma}~ be apF~rorec! by said \lnrt~a~ee: and all such iu.urance policies on ane siid buildin~s. au}• ii~tere,c lhC~ein ~~r p:~rt ~ thereo[, in the agp,reRate sum afore.aiei or in.excess thereo[, shall contain the u,ual stand.ird mortga~ec clause makin~ the ; l~nti under said ~olicie;, each and ecer}•, pavable to said ~Iort~aGee as hi~ interest ma?~ appear. atid esch aod e~er.• such policy ~ shall be promptl~ :ielicerecl to and i~eld f~}• saiel \f~~rt~a~ee: and, riot le;s tttan ten eli~•c ir~ adcaner u( the ex+~iration af each ; pulic}, to deli~•Cr to said Jlnriga~ee a reneH•al thereof, togethrr ith a receipt for the premium of such iCIICN":II; :IIIII tlicrc ~ shall be tio suct? insurance placed on any of ~aid LuildinKs, any inu~rest therein or part thereof, unless in the form and hith ° ehe loss payable as aforesaid; ancl in the e.e~et au}- sum o( money becomes pa}abie under ~uch ~olice nr ~~licie, ~:~id ~lort;;agee x shall ha.-e the opeion to receice and applr• the same on account of the e~~debtedness secured hereb~~ or to permit said Vurt~a- ~ Ror to receire an~l use it or am• ~art thercof Eur other purposcs without thercby~ ~cai~-in~ ~~r impairiu~ an~• eyuit}~, lien or i ; riRht under or by rirtuc of thi, mortRaRe: a~ut iii the event said ~tortg~Ror shall (or an~~ mawn fail to kecp the said prcmi~cs- so insured, or fail to deli~•er ~romptly an~~ of said policiec o( insurance u? said ~(ortRaKee. or fail pr~~mpd~• tn ~~a)~ fulh• auy premium therefor, or in an~~ respect fail to per(orm, diuharpe. exeeute. ~•tfect. c~mr~lete. <<?mpl~ ~cith ar.cl abi~le b~• this tor- enant, or ar~y part hereof, said ~tortqaRee map place and ~::t}• for +uch insurance or any part thereof Hith~>ut Hai~ing or ~ affectinR any option, lien, equit~• or right und~r or b~• ~~irtue of this mortga~;e, and the tu11 amount oi each and ecery such }>ayment shall be immediatel~• due and payable and shaU bear intcrest from the date thcreof until paid at the ratc of ten per centum pcr annum and together with such interest shall be secured by the lien of this mortRaRc. ` 4. To permit, commit or su(fer no waste, impairment or cleterioration o( said propert~• or ar~y part thereof_ i ' 5. 'To pay all and singular tlie costs, cl?arges and expenses, includinR reau~nabie [awyer's fees and cost o( abstractz of ' title. incurred or paid at any time by said ~fortgaqee because and(or in the e~~ent of the Eailure o~a the part of the said ~(or~~a~or to duly, promptl~• and fnlly: perform, discharge, e~cecute, ef(ect, compleee. compl} with and abide by each and eserv the stipulations, ay,7eements, cm~dieions and co~~enancs ot said promisu>ry note, and this mortRaRe, any or either, and ~ s:~id custs, charges and exPenses, each and ecery, shall be immediately due and pa~~able. Nhether or uot there be notice, de- mand, auempt to collect or suit pendin~: and the full amount o[ each and erery sucti payment shall bear interest irom the date thereof antil paid at the rate of ten per tentum per annum; and all said msts, charges and expenses so incurred or paid, t~Rether with such interest, shall be secured b}~ the lien oE this mortgage. ' ° R 2~0 ~E 539 800!c ~ i ~ ~ _ . , ~ - ~ <; - ~ ~ "~'.~-`~:r'3~~.,.-c..-.:. ~ _~~i3 r,R ~ - , _ -~`~,)'s~~a~~