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STUART, Florida, ~oy~sb~r i~ ~ 9 73
: 3 &,QOO.DO... ~h +
:i. FOR VAIUE RECEIVE~, the undersigned, iointly and severally, PROMISE TO PAY to tf~e order of ~
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~i; --•••-~'j.~~--'~Otl~R~--tl~-id0~~~ ~M..~~N~.»..~~~ DOLlARS. ~
i or such otFier place as ~he holder t
at
~~il--H~t~t'i'~ ~Ol~
hereof may designate in writing, together with inte~est from date at the rate of g. per centum per annum on thc ~
ti unpaid balance until maturity. The said principal and interest shall be due and payable i013,0~! ~
; sie~,o~ :.~ontti. t~ lir~t pay~sot b~inQ du• ow .ontti :ro¦ - • ~
1A78 sad ooutinuin~ !os sach ~eonth ttrora?ft~r until p41d. T•~ua o
_i a166.07 paid ~aati aronth •lu?11 tirst b~ csydit~d to iot~~ot and t~s ti
~ rNaind~r !o th~ prinalpal vf thi• obli~ation. This not• ~ay b~ pr~- ti
~ paid at aq~ ti~ ~?ithout p~nalty. - ~
If defsult be m?d~ for d~y~ ~n M~ oavmtet of any ~mt~llmsnl 01 pnrtapal or mt~res~ o~ snr parr ~hereof, •he wAo:e s.~r r~s~ rem~~•• ^q
~.np~~d w~r~ ~nter~~r shall ~i ~oider's~}I~on b~come d,,e and wWbl~ w~tho~f no~~c~. F~,~~.;•e fo e.eros~ svcA cpf~on ~t~a+1 ro+ ccrstrt~ie ~.,..e, cf r!.e
.i ~o •~en~f! tF.t sams ~he evenl o/ aub~eQJCn~ de1~vlr. Afrer mawr.ty Doth D~~~upal and +cvued ~~»rest s~alt bear ~~teren~ at ~~er ier~~_m pe. +r.~..n, •
~nn1 pa~d. Th~ makers ~nd endors~ts oi ~h~a note furt~e~ wnv~ demand, not~t~ of non-paymeet and Woteat. If tF~~ ncce rot Oad mae.r.y ,~nd ~~e ~+~re •
• ptx~d witA an attaney !a coiNcuon, tM m~ken •nd endwten M~eof ~yrN ro pay all cofq ot coll~cr~on, ~ncl~d.nq au co~n coatt kd ~easor~bk •rromey iees. ti•
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~ and shall duly. promptly anA fully {~~•rfonn. ~iisrharRr, i•x~rut~. rtt.•~•S. ~~~~r~inlrt~. ~•~.niplv w•!th and abide b~ each
and e~~er~ thc st~Yu:ations, a};rerni~•uts, r~~n~iit;~ma :.u~1 ~~uv~•nar.?~ ~~f ~:ud rr..r:,~:e~,r} nute xnd of ttus murtgage,
then this m~KKage and the estate hereby ~mated ~t:.ill cease ~u~d !k~ nuil ar.u tio:1.
IL ~s undcratoai that each of the «'or~ls. '•n~te." "mort~;a};or" and "mnn~;a{;ee" r.~s~ecti~•cly and tne pron-
ouns referr~ng thereto, «'hethcr s? the s~n~;utar nr plural any-w•h.~c~ in thls ~n~xi}~::~;e, 9~IAII bP s?n~.'ular ~f une only
and shall be plural }ointl}• ami sr~•.•rall~•. ~f m~~r~ than ~~n~~. xnd ~tr?ll t~ i~i:~vc•ul~ne, fen»ninr and ur n~~ut~rr, Wher-
ever the context so impties or admits. ~
And said Diortgagor for himself and h~s he~rs. !c•[;al r~•pres~n!ntt~'e9, surcek~ors aiid ~s~gns, hereby coven-
snt~ ana agrees to and w•:th said Aiortgagce, h~s legril reprrsr:itatn•r:~. su~:~~~~ti~urv and asy~~ns:
' 1. To pay all nnd singular the principal and in[cr~st ared Lt:e ~•anous and simdry sumy of money payable Dy
f virtue of said prom~ssory note, and tlus mortgage, each and every, prornpUy on the days re9pectively the same
~ aeverally become due.
E 2. To pay all and sin~ular ihe t3xes. e.cses~m~•nts, 1~~•~es, I:aD~l:t~es, obt~~ations xnd in~umbranres of e~'ery
~ nature and kmd now on said descnhrd proP~rty, ar.d or that her~af:cr rnay be impc~~Pd, suffered, placed, le~-~ed
or assessed thereupon, and or thai hereef.er nia~• b~~ l~•a•:e,l or ~>~.•~ycd upon this mort~; ike and or thc 3ndeb[ed- .
° ness secured hereb}, ea~•h and e~'erv, u'h~•n duP ar.~t ;~a}•ablP a~~~ nr~i:ny; to law, brture they hecome delinquc~nt,
~ and b~~fore am' interest attaches or :~np prn:sl!~• i:: ir.rurr.~~l; 1n~1 ~n ~u far as tiny th~~r~~uf o[ record thc~ same
f shall be prompUy satisfied and disrhar~t•~~ of r.~~•nr~i :in~1 the ur.~znal ot[ici:?1 ~i~~~•ument ~such as, tor mstance,
~ the tax receipt er the sat~sfact:on p:.E~er ~,::i~~aily en ~nr:~~~~1 ur ~•~rt?fu•~1~ 9ha11 be ptaced in the hands of said
~ ~SortRagee w-ithin ten da~•y n~xt after r;tymcnt: and in the r~~~~nt that anY therrof is nnt so p:ud, satistied and
~ discharged, said D1ortRa~ee may at any Urne pat• th~ s:?me nr an~ rart th~r~n( H~ithout w•an-~n~ or affecting
~ any opU~n. li~n, equtty or r~Kht :~n~l. r or b~• ~,r;ur ~~f th;, m~~rt~;;ikr, xn~i thc~ fiill amount ot each and e~•ery
such pa~•ment ~hall hc imm~•~i:at~•1}• ~Su•• sn•t ra~•:~h:~ an~t ~h i:l h~nr in~~~rc•s~ frnm th~ ~fate thereo[ ~irtil paid
~ at the rate of trn per ~~~nturn rer annurn :~n~i 1~~y;.•~h~ r t~"Iti: :;11~'}l m.erest ~halt b~~ sccure~f by the 1~~=n of th~9
~ mort~age.
~ 3. To place and conUnuously ke~~p on th~~ h11.::~.i7:;9 Au{A c~r herraftPr situate on said land fire and uZndstorm
~ insurance in the u~ua; st:irdar~i ~~~~It~•}• fnrnt. ~n a~~~r~ n~~t Irsv th.tn c ~aX~-muIll , in such cum-
~ pany or cu~n;~~ i;•s ris n+a~• b+• ap;:r~,~~•~f hp ~:i:~l ~1~~r,::~ ~,•e. :sr~ 1:u! ;wh insnr.~n,.e ~~~,lic:e9 on atnv ~f s•ud build-
~ ings, any ~ntPrest there:n or ~~art thereof, ~n t:~~ a~rr.~_•.ite sum afor~?aid or un rxceys therent, shall conttsm the
si usual standard mnrt`SR~PP ~•la~~~~~ mak,n~ t1~a 1~ -s ur-~::•r s~u~1 [~ul::~:ra, ca~•h and e~•er~, pa}•able .o sa~~i :1Tnrt~;a-
~ gee as his tnter~~s: ma}• aF~pc•ar. :?n i t•:trh .?r.~l h pnl~c~~• ±h:t11 be pr~:ra~tly d.•ln•ered to nr.d held t~}~ said
~ DlortFagee: and, not Ir~s than tcn rfa~•s in a~l.anre nf thP ~x~irati~m of each poli~~y. to Aeliver to sxid btort~a~:ee
a renP:eal iherenf, t~fiether «•~th a rer~int fnr thr jrrrm~nm ~f ~~i~•h r~n~~aal: and thP~c shall bc no such insur-
~ an~e placed on any o[ ~aid bu~Llir.~;s. any int~~n•st th~•r~~n nr ~+~rt ttier~•of, unle:~s in the torm and a-itt~ the l.~ss
pa~~able as 8f~reaaid: an~t !n the e~•~nt an~~ sum nf mnn~c b~~~ nme~9 {~AVBbIP imder anch p~Aicy ~r ~nFirica sa~d
biorte;a~e~ shall ha~•e thr n~ti~~n t~~ r•~~•~~:.r• and sn}~t~: tF~~ xsm.~ ~~n a~.•count ~t the ~n~:ebtedness ~ecured her?by nr
to pPrmit s3~d ~t~rtea~~~r to n•~~~i~•~~ am! +isP ~c nr ~nv nnri !her~~nf ~nr oth~r purE~oses without thPreAy ~+•a~~zng
~ or impairin~; an~ F~u:ty. lien nr r.;:M under nr by ~•irtue of t!ei+ mnrtRa~e: and ~n the e~•en[ said Mort~a~c~r shall
~ for ar.y rrasn~ f~i! tn k~~~~ er..~ ~~:~f {~r•~r.i:~~•:~ s~~ in--ur~•~i. ~r fa~l to deli~•er nmmptly an~• of said pohcies ot
insurancP to s.u~3 .1tnr.~1K•~e. ~r f:t~l ~~romptly tn f:illy 1n}• premium therM~r, or in xnY respect fail !n per- ~
- form. d~schar~~. ~x~ru.~. ~~ff~•~t, com~~lr:A, Cfqi1F~~' ICI~I1 nnd ah:•i~~ b~ th~s ro~•cnant, or any ~art her~~t, said ~f~rt~;- ;
- e~eP maV p1a~'~ an+1 ~~t~ f~~r ::ci+~h in~+~rt?ncF nr an}• ~ar: t!i~r~~~f tit•~thnut ~~.3icinF or effertin~ anti• ohi:nn, l!rn,
- equity or r.~h[ undcr ~r t,~• ~•ir;uc ~~f th:s mnri~;a~;~. a::.l th~~ ful! amount c~f each and e~Pry snch pa}•ment ~hall
- be immedia+_ely du~ nn•i pa~•abtP and vhall b~er int~r~~t from the rlnte ther~~f untll paid xt the rate of ten per
centum per annum nnd t~Krthrr with au~h 1n.cre_t shall be secured by the lien ot thla mort~a~e. ~
To permlt, comm~t ~~r suf!cr no ~+•aste, irr,; .~irmcnt or deterforation ot said property or any part ihereof.
6. To pay nll and sin~ular the coats, char~es nnd expPnge+, inrlud~nK reasonable law~}•er'e fees and covt ot
abstracts o[ title, lncurrc•~i or paid xt any time by aaid l?t~~rtgn~;ce bec»use and~or tn the ecPat of ihe fallure
- on the part of the said ~t~rt~a~;or t~ duly, prnmrtl~• and futly perform, dischar~e, eaecute, effect, complete,
° comply k7th and nbide by ench nnd evPry the sttpulati~na, s~reementa. condiUons and cor•enanL~ ot aa~d proml~•
r; eory note, and ihi~ mort~;s~;e, any or eith~r, nr~d said ~nat~, char~es and expenses, each and even, shall be Im-
mediately due and payAble, w•hPthrr ~r not there be notice, d+•mand, attempt to collect or 9uit pendin~;: and the _
full amount of each and evPry su~h rat-ment shall bear ~ntereat trom the date Lhereot unt11 pald at thP rate ot
ten per centum per annum: and all aafd costa, chnrRes end expenaes eo lncurred or pe~ld, together a-ith auch !n-
terest, shall De aecured by the llen of thfe mor:gage.
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£s ? ; 367 "r~GE1.~6~
g~~222 PN~2210
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