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Home My WebLink About1487 - . i 11, 716. 00 STUART. Florida. ........A~,?~.?~.~....1 19... ' _ ~ FOR VALUE AECEIVED. !h~ und~rsiqned. joinilT and 'se~~tally. PROMISE TO PAY to ths or •r o.•.•-.- ~ PERRX ~QSW~.~!,.. ~T.~.. . . . . . . . Eleven Thousand Seven Hundred Sixteen and 00/100-----_----._,._..-._... _ . noLL~as. ~ - ' ....os such oiher plsc~ as 1he holder P ~ 5 t Florid.~ . . R....... . . ~ „ Qx....Aox..~.~...~...~~~.r~ G~...Y. y hereo! m~Y desiqaat~ ia wsiling, foy~lh~r with inter~s! irom dai~ ai ihe raie of ..8... per centum per annum on ihe unpaid balaac~ uniil ma2urii7. Th~ said ptiudpal and inierett shall bt due and payabla as iollows: In four (4) equal semi-annual installments of $2.929.00 of the principal, plus interest then due, on January 2 and July 2, beginning January 2, ~ 1975. ~ The makers may prepay any part or the whole of this indebtedness at any ' ~ time after January 1, 1975 witYiout payment of penalty therefor. ~ ~ ~•~tn.eyKer~nwa L. TAV~AR ~ ,1-1-~1'n ~ Ai. ~ - 1 M:t.:r•, P.•+.~:~ `(,a'I~Orf~ _ . . ::..1::.A _ i,.,. % HY nr~i:~ r? V•~• a ~tl ~9.19I~ , ~ua:~u~t_:~asu,......+~.r...w~K~M~i W~uY.I.~ If defa~~lt M n~sde ter ~+f~ ~n l~e parsent ot awr Iwstalbeeat ot Orincip~l or intenst or anr Wrt tAereof, tse rhole ~us tbcn temainini i~At~o e~n see l6e s,a~we ia Ae e~t ol ~u ~M~~~Iaultr,Alter~a~atutity~bolA P~~cipa! aad accrued interest aA 1 6r. r iw cnat~al1e~. wai~r centum matui tr and the iame is~ pl~ edk~i~h ~n at ~rne~ (~r,celleetiow, he ~isakers,~nd e donen hercol +t~ temPar allacosts~ 1 cdlect oa, ~'ncludias tall,courl costs and r~~son~ble atteraer lee~. ' i ' / ' ~ `S ~`Y . _ . c. ..........ISEALI . . ~ _I ~y~~,l~.~ . . f. 2 • ~ . ~ _ 0 B d' y~J,. ~l; 7,i Th~odor e E. . ! - ~ ~ .i.. ~ . l :.t. . ~ . . . ' ~~t'iC~~.~r• ~ , tr~ _ l!~-'.:'.:..._~..•.:~ (SEA Suzanne M. ~'FIo ~ ~ntn:r:•..~? :a.rs • ~ +'•xr. rM ISEALI . ~ ~ , -r>~~~OR ~ . _ . . . . , , . . . . ' f N~~:r., r..w~~t ~'L'~rnti • Cp ` ~ S ; ~:i?': O ~ j ~ • _ - --...tSEALI ~t' = ~ ~•t • . Y ~y~ w ~,p.Nl.: i . ry f' .~I. ' 7 . . 11 ¦1~{:~.ipNi~~W~l'i.:.A? 1:. . an s a u y. prompt y and fully per[orm, discharge, execute, e[[ect, complete, comply with and abide by each and e~•ery the stipulations, agreemeuts, conditions and co~~enants ot said promisson note and ot this mortgage, then ehis mortgage and ehe eseate hereb}• createci shall cea:e aud be i~ull aud ~•oid. It is understood that each of the words, "note;' "mortgagor" and "mortp,aRee" respecti~•ely and the pronouns re[ening thereto, whether in the singular or plural an}~+here in this mortgaRe, shall be singular if one onl~• and sliall be plural joiudy and se~~erally, if more than one, aud shall be masculine, feminine ancllor neuter, where~~er the coutext so implies or admits :~nd said \tortgagor tor himsel[ and his heirs, legal repre~entatives, successon and assig~is, hereby co~~enancs and agrees ~ to and with said ~tory;agee, his legal representatiees. successors and assigns: ~ ~ 1. 't'o pay all and singuL~r the principal aud interest and the ~arious and sundr}• sam~ ot mone?• pa.able by ~•irtue oE ~ s~~id promiswr}- note, aud this mortgage, each and e~~er~~, promptl}' on the da}s respecti~•c1}' the same se~•erally brcome due. i = 2. To pay al! and singular the taxes, asse~~ments, le~•ies, liabilities, obligations aud incumbrances uf e~~er} namre au ~ kind noN m~ said de,cribeci propert}, and/or diat herea(ter mac be imposed. su[[ered, placed, lecied or asse~secl thereu~~n, : and;'or ehat hereafter ma~~ be lecied or assrssee! upon this mortRaRe andlor the iudebteclness sec~red hereb}~. each a~id ecer~~, ` Mheu due and ~,a~~able accordiuK to la~, before the}• become delinyuent, a~id betore anti iuterest attaches ~~r any pe~::~lt~• is a incurred: and in so far as auv thereof is oi record the slme shall be pmmptly satis[ieci aud ~lischarKec! of record and ~he or- ~ i~iual oft;cial clocument (,uch a+, fnr insta~ece, the tax receipt or the sati:,faction paper ofiici:?lk e~idorsed or crrti(ied) si~ait ~ be placed in che hands ot said \Iort~aRee ~riehi~~ ten days next after p:~~menr, and in the ecent that anc thereot is not so ~ paid, satisiiect and dixhargecl, saic! \tort~agee ma~ at any time pay tl?e same or au~~ part thereo[ without ~.ai~•iz~K or a[tect- ing au~• option, lien, equitv or righe wider or G~~ ~•ircue of th~s mortRahe. and the (ull amount o( each and e:erv such pa~'- ment shall be immediatcly due aucl pa~able and .hall bear iuterest (rom the datr therent until paid at the ratc ot tcn per ~ cEntum per annum aud toRether ~•ith such interest shall be sccurrd b}~ the lien of this mort~aRc. ~ 3. To place a~ed continuousl~ kcep on the buildings no« or herea[cer situ~te m~ said land tire and inci,torni insur- ~ auce in die u~ua! standard pc>lic}• [omi, in a sum not less than the hiKt~est insuraUle ~•alue, in su~h rnmpan~' or comp:~niec as ~ mac be approved by said ~(ortRagee: and all such insurance policies on any o[ saicl buildiup;s. an~~ interest thrrein o* part ~ thereof, in ehe ap,gre~,.?te sum aFore~id or in excets ehereof, shall contain the utiual standard mort~;aRee dause makieig tlie lo.s under said Ewlicies, each and e~er~~. p:?~•able to said \IortRagee as his interest ma}~ appear, and each and ecen• such policy ~ shall be pmmpdy elelirereel to aud held b~~ said ~IortKapce; and, nut less than ten days in ad~~ance of tt~e expiration of each ~ I~lic~~, to deli~•er to said VortgaRee a renewal thereof, together Hith a recei~t tor the premium of such recewal; and diere shall be no such insurance placed on any o( k~id buildin~s, any interest therein or part thereof. unless iu the form and hith ~ the loss pa}able as atoresaid: and in the e~~ent an}' sum of mrn~ey becomes pa~•able under such polic}• or ~~olicies >:?id ~(ortgaKee - shall ha~~e the option to recei~e and appl}• the same on account o[ the indebtedness secured herel» or to pern~it saicl ~tort~a- '.r~ ~;or to recei~~e and use it or an~• part thereoE (or other purjwses Mithout thereb~ H•ai~•inR or irnpairing a~rv ec~uit}•, lien or right under or by ~•ircue of this mortRage: and in tlie e~ent said ~tortRagor shall for any r~:+~n (ail to keep the said premi,es " so insured, or fail to deli~•er promptlr• an}' of sai~l policies uf iusurance to said ~[ortQa~ec, or fail promptl~• to pac (ulh• any premium theretor, or in any respect tai! to per[otm, discharRe, execute, effect, c~~mplete. comply ~~i:h and abid:~ bc this co~•- - enant, or any part hereof, said ~tortpaqee may place and pay for such insurance or any part thereof ~+ithout wai~~ing or = at(ecting anp option, lien, equit}' or right under or by rirtue of this mortgage, and the full amount of each and e~-ery such - pay~nent sl~all be immediately due ar~d paJ~able and shall bear interest trom thc date thereo[ until paid at the rate of ten per centum per annum and together with such interest shall be sectired by the lien oE this mortRaqe. = 4. To permit, commit or suffer no waste, impairment or deterioracion of said propcrt}~ or any part chereof. 5. To pay all and singular die costs, charges and eapenses, including reasonable law}~er's fees and cost ot aUstracts of _ ticle, incuned or paid at any time by said ~tortgagee because and/or in the e~•ent oF the failure on the part of the said ~ ~tortgaqor to duly, promptly and fully perform, discharge, execute, ef[ect, complete. comply with and .?bidr b}~ each and e~•ery the stipulations, ap.,reements, conditions and covenants of said promissor}~ note, and this mortgaqe. an}- or either, and " saicl cnsts, charges and expenses, each and e~~ery, shall be immediately due and pa~~able, ~.•hether or not there be notice, de- ~`_j mand, attempt to collect or suit pending: and the tull amount of each and e~•ery such pay-ment shall bear interest from the : date thereof until paid at the rate of ten per centum per annum; and all said msts, charges and acpenses so incuaed or pu ' toRcther with such interest, shall be secured by the lien oi this mortgage. ~.~j Microf i lm Memo ~ R 226 ~14~6 The quality of this a00~ copy is unsatisfactory - -y fnr r:?cr~~filming - - . .