HomeMy WebLinkAbout1094 ~+~+?~h~fi~~~~hkh~hk+tik~~~?Ww+ti+ti'wh~kkk'N.k~?"w~
" ~s J anuar Z
STUART. Florida. - - -Y-`~-~- 14 _?4 '~i
S ti
FOR VAWE RECEIVE~, the undersigned, 1'ointly and severally, PROMISE TO PAY to the order of ~ ;
ti. - -----A~-UA_.RAB$LLA,.__INC._~_ a__Florida__cor~oration-------------------- - . - - ~AR
- ~
'~t ~`-ug-- w~, ~!II------------------------------•---------- - _ - DOL S,
ar Jensen._Beach,___Florida___________~____________ _ or such other place as the holder ~ '
hereof may ~esignate in writi~g, together with interest from date at the rate of 9 per centum per annum on the i
unpaid balance until maturity. The said principal and interest shall tse due and payable
X 1 '
payable within 90 days from date hereof. ~ '
~ ~
_
~ ~ -
i ;i `
If defauH bt enade (w 30 dars in tM oir~*? of anr ~mt~llm~nf of w~M;wl w inter~st o~ •ny parr ~hereof, +he whole s~m ~f.e~ ~ems~~.^g ?
~ :.~ps~d w:M nte~es~ sl+ali ~t holder's opnon ~cane d~e and pav+bN w~thout not~c~. Fa~lur~ ro e.eruse avch ophon sMt~ r.of c ty~ rc a wa~ver ot N.e ~~a*• • _
.S ro tieK+it t/K sa~r~! ~n Me evlnf of subsepvMt defavlr. Airer maw~ity both pinupat and actrutd intNett shill b~ar ~rterest at ~V pe~ ten+:,m pe~ anrtim •
:n~n pa~d. The m~ktrs r•d e~+dwasn of rhh eot~ furtRer w~~w demand, not~n of non-payment ~nd p~oles?. If th~s nore ~s ~o~ pa~d N mar.,r:ry ar+d fhe same ~s
. .
, ~~Kb M,~ ~ ~rpr~y {or ~oit~cnon, th~ en~kNS ~nd tndoners M~eof prN M p~y all costa of cotlKrion, incl~d~np a~l court coars and reuonable a~ramey fecs.
:
. ~
' ~
~ _ ~
~ ~7~ti~ . _ . ('SEAI} :
y; ~
C O P Y
s/ Natalie K. Carr (SEAt) '
- - - - -.L
--M~AL~~; K ~ARR =
~'?~?tihT+k~k++}~?fi tiTti+~+s+.s :+titi-:».+{«.k
; •}ti~.~'k~h~.'h'~tiM+~ti~h'-~. '~h ~s
:».'~s
:~-:w
: ti
:~i ti
:
: :-ti
,
and ~all duly, promptly and full~ perform, dischar};e, ex~i•ut~. effer:, cumPlet~, +•~mply with and abide by each
and ecery Lhe sUpulacior.s, agreemrnts, condit~~~:s9 and ro~'enant~ ~~f s:ud pr~nus~ory note and of Lh~s mortgage,
then th~s moKKage and the estate hereby created sh:~ll cease and !ti null :?no ro:d.
It is understood that each ot the wor~ls. "note." "mortRa~or" rand "mort~r?gee" respecti~~ely and tne pron-
ouns refernng thereto. N'hether in the sin~ular or ~lural am~hPre in thls mnrtgage, shail be singular if une oNy
snd shal! be glural jointh• and se~'eratly', if mure thAn one, and ~h:?11 be ina.4culine, fem~nine and; or neuter, uher-
ever the coniext so impl?es or adinits.
And said Morigagor for himselt and his he:r9, legal representatives, succe.vsors and assigns, hereby roven-
ant~ ana agrees to and «zth said 7?iortgagee, his legal reprrsentatives, su«~~~ssors and ass~gns:
I; 1. To pay all and singular the pnncipal and interest and U:e vanou9 and sundry sums of money payable by
; virtue of said promissory note, and thia mortgage, each and every, prompUy on the days respectrvely the same
aeverally become due.
~ 2. To pay all and singular the taxes, assessmFnts, lecies, liabil~ties, ob}i~at~ons and incumbranc~es of e~•ery
t nature and kind now on said descr~bed properly, an.l or that hereafter may be imposed, sutfered, placed, le~~ied
~ or assessed thereupon, and•or that hereafter mx~ b~ !r~•ied or a~s~~ssed upon this mortga~e and'or the ~ndebted-
ness secured hereby, each and e~~er}•, ~•hen due and pa}able a~•ror~iin~ to law, before they become dellnquent,
and before an~ inierest atLaches or ant penalt~ iti mcurrrd; an~i in so f:tr as any thrreo[ ~s of record ihe same
~ shall be promptly satisfied and d~s~•har~ed nf rrrord :u~d the on~;zr.al off~cial ~incument f such as, for iiistance,
g :he tax receipt er the satisfact:on paper offici;illy emior:~~d or c~~rtiCiedi shall be placed in the hands of said
~tortgigee v?ithin ten da~s next atter rayznent: and in the c~•ent that anv thereof is not so pa~d, satisfied and
~ discharged, said 1ltortga~ee may at any tirne pay the same or any part therc~f w•ithout K•ai~-ing or affecting ~
~ any optloa, lien, equit~ or ri~ht tin~i. r or b~' ~'~riur of this mort~;a~r, and the full amount of each ttnd e~ery
, such parment shal! be immedia!~ly ~fue an,i pa}~:~h:~ ~nd shall bear inter~s; tro~i the date ihereof until paid
~ at the rate ot ten per c.ntum per annum and G~~~~'h~~r «~th siu-h interest shafl be secured by the lien of this
~ morigage.
~ 3. To place and cont~nnously ke~p on the bu::d~np;s ~ow or hereafter sttuate on said land fire and ~~ndstorm
~ insurance ~n the usual star.dard poL~'y fnrm, in a~um n~t lesv than S ~aXlmll~ ~n such Com-
~ panY or com~' :i: s as n:a}• b~ ai•p-o~ ~•d b}• ~.::.1 ~I~•r`:::i;r~ e: ar. ! al! :u~~h insurance p~Iiciea on any of s.~d build-
~ ings, any interest therein or part thereof, in the a;~r: ~a:e sum aforPaa~d or in excess therent, shall contain :he
usual sLandard mnrt~agee ~laasF inak~ng the I~:~s u.-.~lrr a:~id pot~cirs, ea~~h and e~'en, payable to sa~d ltortRa-
~ gee a~ his interES: ma~• aupear, an,i ~3ch ar.~l : c~:~~ h pnGcy ~hall be promptly deli~•ered to and held by said
1lfortgagee; and, not less than ten days in ad:anre the vxp~rat~on o( each pol•.cy. to deliver to said riortRa~ee
~ a renetiral thereof, to~ether v~•ith a receiPt f~~ th~ prPmium nf ~~~~~h mnewal: and thPre shall be no such insur
~ ance placed on an} of ~aid buildin~s. any ~ntE•rest th~rein rzr part ther~ot, unleas in the form and with the los9
~ parahle as sforesaid: and in the e~~Pnt an~- sum of mnnPy be~~omea payabiP under snch policy or ~licies said ;
~ ~iort~;a~ee shalt ha~•e the opU~~n to r~•ce:~•e and arpl}• tt:e sam~ na arcount ot the indebEedness secured hereby or •
~ to ~rmit sa.d ~tortFa~or to recei~•P ar.~1 ~cse it ar any nart ther~ nf for other purl~oses without thereb~ u•ai~~ng ;
or impairing an~• equitV, lien or r.~ht under ~~r by ~'irtue of tl~~s m~rtgage: r,nd irt the e~ent said Atortga~;or shall
for ar.r reaso~ fail in kPFp the sa:d pr?mic~~s sn in~nr~d, ar fail fo deli~•er prompily anp of said poLcies of
insurance to said ~i~rt~a~~•e. or fai! promptly to p:~~• f~ilty any premium therefor; or in any respect fail to per-
form. dicchar~e, execuie. Fffe~t, comp:etP. co:nply «-ith and abi~le by this covenant, or an}' part hereo[, sa~d ~tortg-
~ agee may place ar.~1 pav for ~uch inaurance or anp rart thPre~~f ~vith~ut vvai~•ing or atfecting anv opti~n, liPn,
_ equity or r.Rht under or b~• ~~rtue of [his mort~a~c, an~l ih~• (ull amount of 2ach and every such payment shall
- be immediately due and pacable an3 shall bear intPre~t from the date themof untll paid at the rate ot ten per
~ centum per annum and together with suc~ fnterest shall be secured by the lien ot thla mortgaRe.
4. To permit, commii or suffer no «as.e, imFairment or deterioration of sald property or any part thereof. -
5_ To pay all and sinQular the costs, char~es and expenses, including reasonable laa~yer'e fees and cost ot
absiract~ ot tiUe, fncurred or paid at any time b~ said 1ltortgaRee because andior in the event oi the fallure
on the part ot the said ~iortga~or to duly, prneiptl~ and tully perform, discharge, execute, effect, complete.
complq v~iih and abide by each and evPry the stlnulation~, agreementa, condiUons and covenania o[ said pmm19-
;:i aory note, and t1~i~ mort~a~e, wny or either, nnd said cnsts, charges and expenses, each and every, shall be Im-
mediately due and pa~•able, v?•hether or not ihere be notice, demand, attempt to collect or suit Frendin~: and tha
` ftill amount ot each and e~ery such pa~-ment shn11 bear intereat trom the date thereof unU2 pald at the rate of
~ ten per centum per annum; and all ae!d co~te, charge~ and expenaes eo tncurred or pald. together v~ith auch ln-
teres~ ahall be secured by the ilen of this mor:gage.
~:Y
eoo 223 ~1054