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STUART, Florida, . ~ 9!~ ~
S 18 009- 49
FOR JAIUE ~2ECEIVED, the undersigned, jointly and severaliy, PROMISE TO PAY to the order o ~
~
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--I~#~~NQ--~'~lO~lt~--S!l~--~lET~~OS ..~~..~~~~N~N~...~~~~..~~M DOIIARS, ~ :
at . .or such other place as the holder ; :
- - - .
E~-a~ks~on-~---iti sgss----------------____--- -
hereof may designate in writing, together with interest from date at the rate of 8 pe~ centum per annum on the ~
unpaid balance until maturity. The said principal and interest shall be due and payable ag ZOllOn: Y
~Z40.89 a~oath• the lir~t ps~eut b~ing du~ on~ ~onth lro~ ti 7~
i: and cootinuing ior each ionth ttiereatter unti~ paid. Ttii• su~ o .
i paid each aonth shall tir~t bs credit~d to int~rset and ttie r~y? nd~r to
th~ prinaipal o! thi~ obligation. Ttiis note be PrsPaid at aWr tir
~ittiout psnalty. t
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If deh~h be m~d~ tw JQ days tM o+r~*e~t of ~nr ~~s411ment ot p:nupal w inlerKt or any part ~Fereof, ~he wAo:e ~?e.+ .e+~a~~ ~9 ~
. ~~npa~d w~rh ~ntereet s1+a11 at ho~der'~ oD~~on becom~ due and pay+bl~ w+tlw~t noac~. Fa~lu.• ?o eaercne such op~~on n~atl cot coe~tyy te a wa:ve~ o~ n,e •
~o e.ea~se t1+e s~me m the event of aubstpxnt def~o~~. Airer ma~~~nty both pnnupal and acu~ed ~nurest shalt bear ~rrerest ar iV e~~ ccn~,m per ~n~.m •
,:nr~l pa.d. ih~ mske.a snd endoners ol tnis ~ou furthe~ w~w~ dem~nd, not~c~ of non•parmenf and Wotest. If th~s noro ~s rta pa~d at mar,.ay end rhe ~aTe ~s Y
• pi~t~d w~th an anornty fu coil~ct+oM ~~t+s and endoraera h~rtof ~prN f0 paY all cosry of CoIIKt~on, includ~n9 ail ca.rr co~ts ind rea~anable a~eorner fees
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i JOSSPH DdILLSR ~
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and shal! Auly, promptly and full~• perform, dis~~har~;e, ex~rut~. ef:e•rt, con~rlet~, ~•omply k•ith and abide by each
and e~~en the sUpulations, agrecmentc, rond~t~uns and rov~~nlnts uf s:ud E?rurn~s~ory nule xn~1 of ttus mortgage,
then this mortkage and the estate hereby cteatrd st?sll cease and tv~ null ancl ~a~l.
It ~s unJer~tood that each of the ~~'ords. "note." "mor[~:tkor" and "moR~aKee" respecti~•ely and ti?e pron-
ouns refernng tiiereto, v~hcther in the sin~ilar or plural an}~•L~re in thtv ~:~nrt~;age, shall be s~ngular ii one only
and shall be plural jointly and see~rall~•, ~f mur~~ than one, xnd ~h:tll be ni:~.4culine. fem~nine and. or neuter, K~her-
e~~er the coniext so implies or admits.
And said biortgagor tor him4elf and his heir9, le~;al r~~presentnti~•ev, successors and assi~ts, hereby coven-
ant9 ana egrres Lo and ~+•:th said btortgagee, h~s 1eg11 reprrsentativrs. ~ucc~ _ss~~rv nnd ass~gns:
1. To pay all and singular the principal an3 interest and ihe various and sundry sums of money payable by
virtue of said promissory note, and Uus mortgage, each and every, prampUy on the days respectively the same
j severally become due.
~
~ 2. To pay all and sinRular the taxes, asses~m~nts, le~~es, liabilitie3, ob6~atLOns and incumbrances of e~'ery
nature and k?nd no~v on said descnbed prop~rty, and or that hereafter rnay be imposerl, yuifered, placed, lecied
4 or assessed thereupon, and: or ihat hcreafter n~ap b,~ 1~•~:ed nr n: s~~s~ed upcm this mortga~e and'or the ?ndebted-
i ness seciired hereby, each and e~~er~~, ~~~hrn due ar~i l~:+yable a~•~~~r~i~n~; t~~ law, brfure they become delinquent,
f and before an~ interest attaches or any prnsl:y irc~urrrd: an~i ~n 9o iar A3 an~• thereof is of record the same
~ shall be promptly satisiied and d~sch:tr;r~! uP r~~~•~ni :~na the or:~:-~na1 offuial d~cument Isucn as, for instance,
the tax receipt er the sahsfa~~tion pa~~r officia;l~- en,i~-,~•a or ~ert~fi~d~ shall bP placed in the hands of said
~ :liortgagee ~a~thin ten d~~•s next after Plyment; and in the c~•ent ihat any thereof is not 30 ~11!(j, S8t19fIPij and
~ discharged, said DtortRaFee may at any Ume pat• the s:ime or any part there~f ~+•ithout wai~~inr or affecting
~ an~ option. lien, equi[y or nRht und•-c nr b)' ~'u•t:i~~ ~~f this m~rt~;a~r, xnrl the i~~ll amount of cach and ~~'ery
such pa~•ment ~hall be iinmrd~at~~ly ~fu~~ ar.~l t~a}•:~h;~ sn~i sh:ill bear in!e~ros: frnm thF date thereof until paid
~ at the rate oC ten per c.~r.turn p.r annum .snd !~~;;rth~~r ~s:th ~u~h in.ere;t shxll be sec~ured by the Inn of this
mortgage.
~ 3. To place and continunucty ke~~p on the bu.i~i~n~;s nuw or hereafter sttuate on said land fire and ~~~ndstorm
~ insurance in the u~ual .:tan~lar~i p~~ii~~~• f~,rn:, in a ~ur~ nnt less than S MaX111111IR „ 1n 9uch com-
~ pany or cornp' s as :~.a}• be a~~pr~~~•rd h~• <:i.•1 ~I.~r::s e: an t:11 ~u~•h ins~tr:znre p~~licira on any of s.aid bwld-
~ ings, any interest therein or part thereof, ~n ~j1P Rj'"}".'i•:iIP sum a(or~jaid or in excess thercol, shall contain ihe
usual standard mnrtfag~< <•la;ic~ n~ak~n~ t'~c~ 1::-y ur~i~•r sr?id ~~i«•;.~s, earh and e~~er}•, pa}~able to said Ainrt~a-
~ gee as his interes; may anpear, an.i ~~ach a::~l h p~~l.r~~ shall be promp`.1~• deli~•ered to and held by said
DtortRagee; artd, not less than Len days in a~1~:arn~e nf the ~xp~rati~m of Pach policy, to deliver to said binrtRagee
a rene~val thereof. to~ether ~~•ith a rece~nt f~~r thr pr~mium nf ~n~•h rrne~aal: and thPre shall be no such insur-
i ance placed on an}• of ~aid bwl~iYr.KS. an}• ~ntrr~•st tl~~~rFin ~r rzrt Lhercof, unless in the form and with the loss
~ pa~~able as aforesaid; an~t ~n the e~~~nt an~• sum of m~me~ b~~ ~mes p:~yablP under s~tch p~~licy or {u~liciea sa~d
biorts;a~ee shall ha~•e the opti~~n to r<•i•ei~~~~ and E-~!ti• it~e ~am~~ =~n account of the indebtedness secure~! hereby or
~ to FPrmit sa:d \inrt~a~~~r tn rt~~:rr smi ~~sP Et or an: rari ther~~nf f~r other piir~oses K'ithotit thereb~ w•v~-ing
or impairing an~• equity. lien or r~ht under "r by ~•:rtue of tlii~ mortRa~e: and in the event said ~iort~a~:or shall
w for an~• re:?so~ fa11 t~ k~~p th~ ~a`..1 pn~m«~~~ sn in~ur~d. nr fail i~ deH~•er promptlV nn~• of said jx~l~cies of
~i insurancP to s:?u3 '~Snrt~:tQ~•P. or fail promF.tly t~ ~ ~y fnlly an~~ premium therefor, or in ttny respect fai{ t~ per-
form. dischar~r, ex~ct~f~. . ffPfL. CO~Il~~C2P, ('fi717rIY t~•itfi and ah:.i~~ b~ this ~o~•enant, or any part hereof, sa~d 1i~rtR-
a~eP may placr anct ~~av fnr ~nch in~urance ~r anv ~ar± !hFreuf ~~•~thnut a'ai~•ing or affectinR an}• option. LPn,
equity or rRht under ~r b~• ~~~rWe u' IYi19 RIO~t[~1~~'. 1n~1 the• hiU aruount of ea~h and e~~erY such payment ahaU
be immedia?.ely duP and pa~•able nnd ahall bPar intPre=t from the date ther~of untfl paid at the rate of ten per
centum per annum nnd t~KPth~r ~~ith such interest shall be secured by the lien ot thls mortgaFe.
4. To permit, commit or sufter no ~.•aste, un;~~irment or deterioration of sald property or any part thereoL
6. To pay aU and sin~ular the costs, char~es and expenses, in~luding reasonable ln~yer'e fees and cost ot
~ abstracts ot title. lncurred or paid at any time b~~ said Tin-igagee because and'or in the e~ent of the faflure
= on the part ot the said btortga~or to duly, pmmptl}• and tully perform, dtschar~e, execute, e[fect, complete,
comply ~ith and abide by each xnd every the stiouiatinn~, aRreements, condiUons and covenant~ of oaid promis-
` sory note, and this mortRa~e. any or either, and said ~nsts, char~es and expenses, each and every, sha11 be fm-
mediately due and payable, Khether or not there be not~ce, d~mand. attempt to collect or Autt pendin~;: and the
full amount of each and e~er~• ~uch pa>-ment shall bear intere~t [mm the date thereot until pald at the rate of
ten per centum per annum: and all eaid coste, chargea bnd expenBes eo tncurred or paid, together v~~th such fn-
x-'~'- tenat, shall be aecured by the lfen of this mortgage.
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