The URL can be used to link to this page

Home My WebLink About0062 . ~ ; +~bti~?~~+?~+~~fifirlti tii~+.'~~hk'~+C~hh~S:w+~~ i .;..;.1 ~ S- 4~50~1-.00--------- STUART, Florida. -D~3L- . -./6 19 ~ ~ FOR VAIUE RECEIVE~, the under~gned, jointly and severally, PROMISE TO PAY to the order of - k ~ - - - - - - ~ s •i .__..J~DISBDI--STAC~--SA~7~-,---s~---R'lor-ids--bao~i.-ag --cor-~or-at~aa~ - ----~1o~-.T-h4zw~?~d--Izi~--~d~'~d--t~od---no1l04sas~sa~~w~awaw~~aw~wiwwwwRwa~w~wwrr•?~ew~~w-.DO~lARS, ~ ` et 1oOt~R--~C~~--~'lAF~dii---------------- - _ - - - ---.or such other place as the holder hereof may designate in writing, together with interest from date at the rate of 10. . per centum per annum on the ~ unpaid balance until maturity. The said -principal and interest shali be due and payable ae fO110wA i $95.62 a sonth ~ the ~ir8t payoent b~ing due on~ month fro~a' y'1~.~ S~- 1974 and contlnuing !or each nonth therea~ter until paid. T euv o ~$95.6~ paid each montt~ sh411 lirst be credited to interest; and the r~asiad ~ er to the principal of thie obligation. Thi~ note_may be prepaid at any ~ ti~ae vithout penalty. ~ i O ~ ~ If delavtt b~ mad~ iw ~7~ _ d~YS in tht paY~+t ~ MY inat~llm~nl of pinc~pat w iM~rest or a~y pan ihe~eol. ~M whole s~r*+ fhc++ rEma,n.nq ti. .j ~npaid wirh int~rn~ s1+a0 ~t holder's op ~ion ~ecome d~:~ and parabb wiiAout notic~. F~~lura to •¦erc~s~ ~vcA op~eon shall nor c~}}tj~ ufe s w~:ver oi rhe - 9^+ • = ra eatrc~s~ th~ sa~ in ffw ev~nt of subsM:+e*~t delaut~. Afee~ rruwrity both princip~l snd xcrwd ~ntereft sMll bear ~rrere~~ at j(j pc~ cenr~m per an.,um . vntil pa;d. TM m~kers and endo.ien of rh~s note fur~her w~~v~ demand. nc~~a of non-Wyment ~nd proteif. If ~h~~ no!e ~s no~ pa~d-a+ mar~r~ey and tFe same ~s • •j pl~c~d w~th ~n ~ttan~Y fo~ cdNctio~. ~M maas +nd ~^donen Mrwf ~prN fo P+Y ~11 co~ts of coll~ction. inciud~n9 a~i cowr cwn ~nd reasonabl~ anomer fees. ~ , (SEAL} ; i - - ; JAMBS .7. CONNOR ~ . _ / L ' (SEAI) : - - 2 i p~~+~ i~~ ~ . :~~v?+r.k+S~+.''~v'M.kk+titifitk~Mkk+ti'+~'wk+-h~C ~.+~~S~fi2+~?~tfttiC~4a4~7R~sM.','~~'~:- -+:»~:».'~v~.'~:»:»:-fi~:wti+.~.k~ss»:-~:w~.ti : ~ and shall duly, promptly and fully perform, d~scharKe, ex~cut~, ef fert, cumpletr, ~~omply with and abide by each and e~~ery the siipulacions, agrerments, cond~t~oas and rovenants •~f s:ud prum~s~~,ry nute and ot ttus mortgage. then this mortgage and the estate hereby created shall cease and tre nttll ano ~'otd. It is understood that each of the «or~s. "note." "mortRagor ..nd "mort~agee" respecti~~ely and tne pron- . ouns referring thereto, whether in the singular or plural an}~hFre in thls mortgaRe, vhall be singular ~f une only and shall be plurxl jointly and se~erall}, ~f mure than one, xnd ~?~:ill t~c ~~ta.4~•uline, feminine and;"or neuter, wher- e~•er ihe co~itext so implies or admits. An3 said Mortgagor tor himself and his heirs, legal representati~•es, 9ucce~ors and assigns, hereby coven- snts ana agrees to and with said btortgagee, his leg:tl reprrsentath•e•a, succt:gsors and assigns: 1. To pay all and singular the principal and interest and the various and sundry sums of money payable by ~ , virtue of said promissory note, and thi~ mortgage, each and every, promptly on the days respectively the same eeverally become due. ! 2. To pay all and singular the taxes, ~sses.~ments, le~ies, liabilities, obli~ations and incumbrances o[ e~•ery ~ nature and kind now on said described property, and~or that herea[ter may be imposed, suffered, placed. !e~•ied or assessed thereupon, and;or that hereafter m:i~ be t~•v:ed or a~rssc~l upon this mortgage and'or the indebted- i ness secured hereby, each and e~•ery, w•hen due arni payable acrordjn~ Lo 1aw, before they become delinquent, 'r and betore an} interest attaches or an} penalty is incurred; an~i ~n so [ar as xn~~ thereof is of record the same ' shall be pr~mp[ly satisfied and discharord of record :uid tJ?e onkin3l off~cial document isuch as, tor i~istance, ;he tax receipt or the satisfactton pa~er officially en~ioraed or ~~ertiC~rdi shnll be placed 1n ihe hands of said ~ viortgagee K'ithin ten days ncxt atter ~rayment; and in the e~•ent tha~ any thereot is not so paid, satisfied and ~ discharged, said 111ortgagee may at any time pay the same or any part thereo[ Without wai~~ng or affecting ~ any opti0n, lien, equity or right under or b~~ ~~~rt~i~ of this mort~z~r, and the full amount ot each and every ~ such payment ahall be immediately due an~1 )~ay:~b+e ~nd shr?11 benr interrst from the ~ate thereof antil paid ~ at the rafe of ten per c~~r.turn per annurn and t~~~;eth~r «zth su~h interest shall be secured by the lien ot thia mortgage. 3. To place and continuously ke~p on the bu:l<lin:;s n~~w or hemafter sftuate on said land fire and K~ndstorm insurance in the usual standard policy f~~rn2. in a su~r. n~~t les9 than S _MaR1mUID_ in such com- pany or comp~zi~~s as may be a~ipru~•rd b~• sa:~t ~t~~r?;;n~~•e: an~f all su~•h insur.+nce policie4 on anv ot said build- ings, any interest therein or part thereof, in the a~;~r.•~;ate sum atorPSaid or in excess thereaf, shall contain the usual standard mort~agee ~lat~se makin~ itie l~~~s ur.d~~r said [~oGi-ies, ea~h and et•ery, payable to said DTortga- gee as his interest ma}• appear, and each ar.d e~•P: ~~t~•h polic~ shall be promptly deli~~ered to and held by said 11Sortgagee; and, not less than ten riavs in a~i~anre nf the Pxpirati~n of each policy, to deliver to sxid I~tort(;agee _ a rene~val thereof. tol~ether H•ith a recei~t f~r thP ~rPmium nf a~i~~h r~newwl: and there shall be no such insur- ance placed on any of ~aid buil~iin~s, any intrrest therFin or rart thereof, unle9s in the form and with the loss pavable as aforesaici; and in the e~•Pnt any sum of mnney be~omes ~ayable under siich policy or ~+oliciea said Mort~;a~ee shall ha~•e the opti~m to r.~CCI~'P and :ipplti• tl~e sam~~ ~~n account of the indebtedness secured hereby~ or to permit said ~iort~a~or to re~ei~•P ~n~f u~e it or an~ part therenf for other purroses without thereby wai~zng or impairin~ an}• equity. lien or ri~ht urtder nr by ~•irtue of ttus mortgaRe: and in the e~'ent said DiortgaKor shall ~ for any relso~ fail to ke~p the ~aid pr•~m~cre sn insur~d, or fail to delf~er prompUy am~ ot said policies of insurance to s.~td D1nr!~a~~e, or fail promptlv to p~~• [nlly :u~~~ premium therefor, or in any respect fail to per- 'i form. dischar~e, execuie, effect, complete, comply ~~-ith and abide by this coeenant, or an}• part hereot, said ~tortg- ~ agee may place and pa~ for seuh inQurance or any part thereo[ without w•aivin~ or a(fecting any opiinn, liPn, x, equity or right undcr or b~ ~•irtue uf this mort~aR~. and the full amoiint of each and every auch payment shal! be Immediately due and pa~•able and shall brar intore~t from the date thereof unUl paid at the rate tff ten per ~ centum per annum and together with such interest shall be secured by the Lien ot thia mortgaRe. 4. To permlt, commit or sufter no «•aste, im~airmcnt or deterioration ot satd property or any part thereot. ~ 6. To pay all and sinfiular the costs, char~es and expenses, including reasonable laayer'a fees and cost o! ~ abstracts o[ title, fncurred or paid at any time by said Mortga~ee because sndior in the event ot the failure ~ on the part ot the said 1ltortgaRor to duly, promptly and tully petform, dl~charge, eaecute, effect, complete. comply v~Kth and abide by each and every the stlpulation~, agreemenW. conditions and covenanta oi said promis- sory note, and this mortRa~e, any or either, and 9R~d C09I.7, charges and expensea, each and every, shafl be Im- ~ mediately due and payable, xhether or not there be notice, demnnd, attempt to collect or sult pendin~: and the ~ hill amount of each and every ~uch pavment shall bear interest trom the date thereof until pnld st the rate of ten per centum per annum: and all eatd coste, charge~ snd e:penaes eo lncurred or pald, together with auch ln- -r tereat, shall be eecured by the ifen ot thla mortgage. ~ ~ ~t ~ ~ ~ ~ ~ ; ~ - ~ ~u.; _ ? ._s.. , 3 ~~.~-.v~ r<,.-~~ ~.a~