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Home My WebLink About2712 i i . e 3 ~ ~ i ~ ?'?~k ~ ~ :-t S- 1a~00Q.~----- STUART, Fto~ida, --Jlps~l-------------~-- - 'l4 - FOR VAIUE RECEIVEO, the undersigned, jointly and severally._PROMISE TO PAY to ihe order of_._.___ t ._,q~d.~_EY.ani-and-.~li~a4-Y.-- Eiioa,--hi~--a?1t~----------------~•----------------- - ZL Thn~d--~--3~~a.OQ~'~~s-'~-..'~~!a~watRwsaw~w,ww~.w~..~..~....~.~~..~~ DOLLARS. ~ at ..........or such other place as the hotder -~l~~r---S~~---~aHC~j : -~O!'fdt--'-_.__ atiC ti hereof may designate in wntmg, together with interest f~om date at the rate of $+$/4-- per centum per annum on the = unpaid balance until maturiry. The said principal and interest shall be due and payable iD ~O eQllil ~ ~ aonnal installaents o! $11~000.00, plus accrn~d in~er~~t~ the lirst ~ in~tallNnt being due one year.iro0 date hsreol. Thi• note ~ay be ~ pr~paid in wQole or in part at any ti~s withont p~nalty. ' ~ ~ ~ ~ If de/wlt b~ m~ iw 1D daY+ in tM wvm~nt of ~nY inat~Itm~M of windp~l w inrK~s~ w ~ny wrt ~hereof. ~M whols w~n ~hcn rema~~,nq ~npaid w~~h in»resf shall at holda's opr+on b~com~ dw and o~Y~bM wi~ho~A ea~n. Fa~w.• to •aerc~s~ sucA opt~o~ shsll .wt const~t~ts s wa~~e. ol rhe +:ghe ro ~aerc~s~ ~ iarrr in Mw ew~t of aubs~V:+Mt debult. AFKr ~na+~r~h bo+h wincipal and xc?wd i~taea~ sh~ll b~x ~merest ~t p per cc~r~~n per ann~m titi = un~~i p,~d. Th. ma~•n and ~~dwsers of tAia non fwther w~lw dnn+~d. ~+otic~ of non~p~tm~ant ~nd p.ot~s?. If ~h~s noro is nor pa~N ~*arway and ~M su*~ ~s v = plxed wiM ~n ~ttormY fw cdMct~a^. ~M ^'~~s a^d ~^d°r~s 1+~~°f ~prM fo Pill ~II cwb of oolhd'an. ~nclud~n9 alI cowt cosb ~nd reaaonaDl~ atewney feea. ~ ~ ~ - - - - (SEAI) ~ Ben Colnan , :i _ (SEAI) _ - ' .t. `..w r:~:'~.~+.ti~d'+~+W~tfi'~+~'~'tik ~".rP~'7~.k••:'{";~..":'ti~fiti'frtih~??~{r: •lw .tiyk~".k and shall duly, promptly and fully perform, d~srharge, executP, effect, complet~, rnmply w~th and abide by tach and e~'ery the stiputations, agrecments, rond~t~c,:~s ~nd covenants uf ssid prum~seory note and ot this murtgage. then this mortgage and the estate hereby created shall cease and be null and ~~oid. It is understood that each of the ~vords. "note." "mortRagor" and "mortRagee" rnspectively snd ti?e pron- ouna referring thereto, whether in the singuler or plural anyv?~here in thls mortgage, shall be singular it one only and shall be plural jointly and severally, i[ more than one, and sh:ill t?e in~.4culine, feminine and/or neuter. wher- e~•er the context so implies or admits. And said Mortgagor for himself arsd his heirs, legal representati~es, successoro and assign~, hereby coven- ant~ and agrees to end K~th said I?lorigagee. his fegN reprrsentatives, succc~.gsors and as9igns: 1. To pay sll and singular the principal and interest and the various and sundry sums ot money payable by virtue of said pwmissory note, and this mortgage, each and every, prompUy on the days respectively the same eeverally become due. ' 2. To pay all and singular the taxes, asses-°mcnts, levies, liaDilitie9, obli~ations and incumbrances ot erery nature and kind now on said described property, and. or that hereafter may be imposed, suffered, placed, te~~ed or assessed thereupon, andr'or lhat hereafter may be l~~•iec! or assc•c4ed upon this mortgage and/or the indebted- ~ ness secured hereby, each and e~er~, vehen due arsd ~ayable acconlinR to law, before the3 become delirtquen~ nnd before any interest attaches or any penalty iy incurred; anJ in so far as any thereot is ot recor t e same f ~ shall be prompUy satisfied and dischareed of reconl and the on~inal off~cial document (such as, for instance, ~ ;he tax reeeipt or the satisfaction parer officially en~i~r~d or certified~ shall be placed in the hands of said :Nortgagee v~~thin ten days next aftgr rayment; and in the e~ent that any thereof is not"so paid, satisfied and discharged, said riortgagee may at'sny time pay the same or any Fart thereof ~~ithout wai~~ng br afiecting any option, lien, equity or r~ght under or b~• ~'iriuP of this mortgage, and the tul[ amounC of each and everq auch payment shali be immediately due and f~ayab;c and shall bear interest from the date thereot iintil paid at the rate ot ten per c~nturn per annum and t~~~eth~r weth such interest shall be secured by the lien of this mortgage. 3. To place and continuously ke~p on the bu~iclin~s now or hereafter situate on said land ~re and windstorm - insurance in the usual standard po]icV Mrm, in a sum n~t Icss than S ~n such com- pany or comp~n~es as ma~ be approved by cai~l ~1~~rt~a~re: umf ~Il such insurance policies on nny ot said build- ing~, any interest therein or part thereof, in the fl~rree:ate sum a[oreaaid or in excess thereof, shall contain the usual standard mort~agee clause makm~ ttie 1~~~9 ur.d~r sa~d [?oliries, each and every, payable to said bTortga- gee as his interes[ may appear, and each ar.d e~•e: c su~•h poGcy ahali be prnmptly deli~•ered to and held by said 11lortgagee: and, not less than ten days in adran~e ~f the expiration of each policy, to deliver to said biortgaRee a rene~val thereof, to~ether Kith a receipt for thP prpmium ~f an~h ronewat: and there shall be no such insur- ance placed on any ot said buildinRs, any interesl iherein or p~rt thereot, unless in the form end with the los9 payable as a[oresaid; and in the e~•Pnt any sum of m~ney becomes {~ayable under such pollcy or policies said Mort~;a~ee shall ha~~e the optian to recei~•e and arply the samr on arcount of the indebtedness secured hereby or to permit said ~tort~a~or to recei~•P and »se it or any part thereM tor other purposes without themby waiving or impairing any equity. lien or ri~ht under or by ~-irtue of tt~is mortgage: and in the event said Mortgagor shall tor any re.3soa fail to keep the said prem~s~s so in~umd, or fail to delfver promptly 8n~ ot said policies of insurance to said DinrtgaReg,;- fsiil promptly to p~~~ [~~Ily any premium therefor, or in any reapect faii to per- torm, dischar~e, execuie, ef~ complete, comply ~~-ith and abi~e by this covenant, or nny part hereof, asid 11Sortg- ~ agee may place and pa~ for s~uh in=urance or xny pari thereot ~vithoui v~aiving or atfecting any option. liPn, ~ equity or riRht under or b~• ~•:rtue of tfiis mort~age, and ihe full amount of each and every nuch payment shall ~ be immediaiely due and pa~able nnd shall bear intPrest trom the date thereot until paid at the rate of ten per ~ centum per annum and together with such tnterest shalt be secured by the lien ot thie mortgaRe. ~ 4. To permit, commit or s~fter no ~~aste, impairment or deterioration oi aafd property or any part thereof. ~ 6. To pay nll and ain~ular the costa, charges and expenses, including rea9onable lav~yer'e fee~ and ca+t of ab~tracta o[ title, fncurred or paid at any tlme by satd Mortgagee because and/or in the event of the faflure ~ on the part ot the said MortgaRor to duly, promptly and fu11y perfotm. dlacharge, ea~ecute, effect, complete. - _ rnmply with and ablde by each and every the stfpulationa, agreement~, condiUona and rnvenants of satd promL~- sory note. and thls mort~aRe, any oc etther, and said costa. charge9 and acpensea, each and every, ahall be fm- mediately due and payable, whether or not there be notice, demand, attempt to collect or sult pending: and the tull amount o[ each and every auch payment shall bear interest from the date thereof until pald at the rate oi ~ ten per centum per annum: and all eatd costa, charge~ and expemea so incurred or paid, together with auc6 !n- terest, ~hali be secured by the llen ot thls mortgage. .a~x225 ~2705 f~ ~ .~.~h~ . ,.A ^b! ~.1."Y.es?~ a~'='~ _ 4 t i _ _ $£~`~Y a~~£ ~n _ . . _ ~S' _