HomeMy WebLinkAbout2322 •:».''ti ~fi~++?~O~C~~M~M.k"~v'M?~'w'htif~'h'wtiv'~
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E- --$~ib00.00--- STUART, Fio~~da. ~-JaDwkF~- _ ~9~4 _
FOR VALUE RECEIVED, the unde~signed, jointly and severally, PROMISE TO PAY to the order of. . _
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---•--Th1~,_~_~t1~.~~1~._MY!__~!!~_iR~__l'1QI1Q4~••.~N.•.~_M~~.•••.•~----~ DOttAR~, ~ 1
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at _.Jld~lQ_$l~4~__~.4t~.S~---------- - - -----or such athe~ place as the holde~
hereof may designate in writing, together with interest from date at the rate of per centum per annum on the ~
unpaid balance until maturity. The said principal and interest shall be due and payable 8g ~'OZZptrB S ~
_ ~4aT.~8 a ionth, ths lir~~ payaeat be3ng dn~ ons footh tro~
1974, and oontinuin~ tor ~ati ~oatti tl~rsslt~r until pa~d. •
; ~4Z?.~6 paid ~ach ~ontb ~tsall ~irv! b~ credited to interest and the
x reaaind~s to th+~ principal oi this obllQatio~?. This aoto say be prr-
~ paid at aoy tiu~a wittwutt p~nRl~y. .
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I( defwlt be madt ta ~iV . dap in tM payment of ~Y i~sqllmertt ot prinupal u intp~st or any part ~hcreof. the w!w!e s~,m ~Fen ~ema~n~nq
unpaid wIM ~nter~sr aMil •f Aolde~'s opr+on becom~ dve ind piYibl~ wirhoul nonc~. fa~lv~e to e¦erc~s~ such opnon ~ha~l r.o~ coo~~ t~~'~te s we~ve~ of ine +q~~
•i +o txerc~s~ tM same in rhe evem of suDap~en+ d~(~uh. Af~e. n+ar~rcey boM prinupal ~nd accrwd ~nar~s~ shstl bear ~nrorear ae ~ pe. ce~t~n, per ar.~.,rt
•z ~~r~1 pacd. R~ enake.s and endorsen of ~his no» (urtAer w~~w demand, nodn of non,payment ~nd protest, If rh~a nu+e h no+ pa ~t mat:.nfy and +I+e same ~s v
vlae~d wiM ~n attornhr fa colNctim. th~ makers ~red ~ndorar~ Mrsot prN q pay aU eosn of eoit~ction. incivdmy a?i cwrf cosn ~nd reasonabk aero.ner fees. v
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C O P Y ADRO Yar~t IIi~tti ~
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:~v+.~tfi+}uk+v'~.~h~.~+~1»?s+ti'~fi~?~:~sy-:~,.''~i~?~ S{h.kh~i +'-~+:~s'wi ~-.r:-~?'». -ti ti-.r.».». ~`r: ti •:~:~'r
and shall duly, promptly and fully perform, d~s~harge, execut~, effect, com{~let~, ~~omply N~th and abide Dy each
au?d e~'erv the stipulaLions, agreements, rond?t~ons atid covcnants of s:ud prumissory note and of ttus mortgage.
then thi~ mortgage and the estace hereby creatrd sh;?11 cease and be null ana eoid.
It is underatood that each of the «ords, "note." "mort~agor' snd "mon~agee^ res~ecti~•ely and the pron-
ouna rn[erting thereto, whether in the sin~ular ~r plurs} an~~lzPre i~ !h!s rnarLgage, shall be singular )t one only
and shall be plural jointly and severalty, if mure than one, and sh:ill bc ~nascutine, fem~nine sitid/or neuter, wher-
ever the context so implies or admits.
And sald Mortgagor for himsel[ and his heirs, Iegal representati~•es, successors and assigns, hereay coven-
anta ana agrees to and with said 1lfortgagee, his Iegal reprrsentaUvcs, sucrt:~sorv and assigns:
1. To pay all snd singular ihe principal and interest and the vanous and sundry sums of money peyable by
virtue of said promissory note, end this mortgage, each and every, prompUy on the days respectively the same
eeverally become due.
2. To pay all and ,ingutar the taxes, asses~mcnts, te~•ies, leabilities, otrli~ations and incumbrance9 of erery
nature and kind now on said described property, and or that hereafter may be imposed, suffered, plac~d, le~•ied
or assessed thereupon, andior that hereafter may be le~•1eU or 8: ~~'S9C~I upon this mortgage and.'or [he indebted-
ness secared hereby, each And e~•ery, ~a•hen due and payable ai~r~r~1~n~ to law, befure they become delinquent,
and before an~ interest attaches or an~• penelty iv i:icurre~i; an~i in so far as c?ny th~reot is of record the same
shall be pr~mptIy satisfied and dischar~ed o! r~cord .ired the orikfna) offuial document (surh as, for instance,
the iax receipt er the satistacUon paprr officially er.~inr:kd or rertihed~ shwll be placed fn the hands of said
htortgagee wiihin ten days ttext after payment; and in the e~•ent [hat any thereof is not so p3id, satisfied and
- discharged, said Afortga~ee may at anv time pay the san?e or anv part thereof w•ithout wai~-ing or affecting
an} option, lien, equity or right undcr or b~ ~•~r,~~~ of thss mortFaKc, xnd thc full amount ot each rtnd e~•ery
such payment shall be immediatrly ~lue en~i t.3y:~b+e :~nd ~hnl1 bear intemst from the ~ate thereof until paid
at the ra[e ot ten per c~~r.turn per annum and b~~;eth~r Kzth su~h in[zrest ahall be secured by the lien of [hia
mortgage.
i 3. To place and contknuously ke~p on the build~n~s now or hereafter situate on said land fire and u*inds~orm
insurance 1n the asual standard pulicy form, in a~im n~t less than a ~?3X~.AlWA in such com- ~
pany or comp^aics as ma~~ be aE~pr~~~rd b~ ~a;,i Afnr!i;a,~~e; an i ati s~u•h insuran<~e policies on anY of said build- ;
ings, any interesl therein or part thereot, in the a~~r.~~ate sum a[orPSaid or in excess thereof, shall contain Lhe
; usual standard mnrt~AgPp c•iat~se makin~ t~~e l:~~s ur.~1~~C 9~il~I [~OII~'2t9, earh and ever~, pa3•abte to sa;d hiortga-
gee as his interest ma}~ appear, an:i ~ach a::+l e1•~~: ~:,,-h p~~ltcti• shall be promrtly deli~ered to and held by said
]ltortgagee; and, not less than ten ~la~~c in a~i~anre nf the Px~~rati~n ot each policy. to deliver to said ~IorfRagee
a renewa] thereof, to~ether «•ith a receipt t„r thP prrmium nf vn~~h r~reewal: and there shall be no such i~sur-
; ance placed on any of said bml,linRs, any ?nt~~rest therein or ~art thereof, unleas in the form and with the loss
~ pa~able as aforesaid; and m the e~~Pnt any sum of m~mPy becnmes payeblP under si~ch p~,licy or ~+c~licies said
' MortraRee shall ha~•e Ihe opiinn !o r~-rei~•e and z~p?r tt:e ~am<~ „n account o! the irtdebtedness secured hereby or
to pPrmit said ~toriea~or to r~ ~ei~-~ snd ~~=e it or any ~art therent for other pnrroses v~~thout themby u•a~~~ng
or impairing ant equity, lien or r~ht under ~~r by rtriue of ihas mnrtgage; and in the event said biortgakor shall
for any reason f~il tn kec+p the ~aid pr•~mtis~~s so in~ur~d, or fail to deiiver promptly anp of snid pol~cies ot
insurance to s~~~d ~inri~a~~e. or fail promptl~ t~ p~~• full_y ar?y premium therefor, or +e sny respect tail t~ per- !
torm. d"eschar~e, e~s~cu,e, e!fect, comple,e, comply tnth and AAide t+y thi9 co~•enant, or anp part hereot, said ~iortg-
aReP may plac~ nnd pay f~r such inaurance or any rar! thFreof without v?ai~in~ or affecting any optinn, liPn,
equity or ri~ht under or by ririne of this mort~a~c. an~3 the full :tmount of each and every such payment shaU
be immediately due and pa~•abie and shall bear intPre~t fram the date therPOf unttl paid at t}ie rate of ten pec
centum per annum and together with st~ch tnterest shali be secured by tt?e lien ol this mortga~e.
4. To permlt, commit or suf(er no ~~-aste, im~airment or d~'[erioration o[ said property or any part ihereol.
6. To pay all and sin~ular the costs, char~es nnd expenses, including reasonable laK~~er's fees and cost ot
abstracts ot title, incurre~l or paid at any time by said 1?torlga~ee because and~or 1n the event of the fallure
on the part ot the said Mortga~;or to duly, promptly and fully pertornn, dl~charge, execute, effect, complete,
compty w~ith and abide by each and every the siipulation~, a~;reementa. condiUona and covenante of said pr~mis-
; eory note, and this mort~aRe, any or either, HIia 9Aff~ costa, charges nnd expeneea, each and every. ~heil be Im-
mediately due and payable, whether or not there be not~ce, demand, attempi to cotlect or suit pendin~: and Lhe
flill amount o! eacA and every ~uch pavment shall bear intereat from the date thereof untll patd at tfie rate of
ten per centum per annum; and all aatd costa, charge~ and expenaes eo lacurrtd or paid, together a-ith auc4 in-
terest, shW be eecured by the llen of thls mongage.
C,r ~ PA(~E2ci~~~