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Home My WebLink About0068 ~h+~~+ih~+i+~S~W~?~~~,.'h+v'wkti~~hM'wh~ STUART, Florida. ----1ISy.- - 19._'l.~ S- --~,~OD~OD------- ~ FOR VAIUE RECEIVED, the undersigned, jointly and severally, PROMISE TO PAY to the order of ~ dB~iSBDt-.B~BACIi-_BADiK,---a--Florijla-banki-n8---c.orpnr~tion------- - - ~ ~ - -FS~?~---Hundrad__and__~,o.L1QQ-~-------------=-------_------ ~ouaa5. ~ - at _.TtOitli--BBiC1Lt--FlOr~di-----------------__~~____.~---------- ----.or such other place as the holder hereof may designate in writing, together with interest from date at the rate of 10..__ - per centum pe~ annum on the ~ ; unpaid balance until maturity. The said p~incipat and i~terest shall be due and payable a8 ~OllOfs: ; ti ; ~95.62 a~onth, the iirst pay~ent being du~ one ionth fron ~ 4 .1• ~ 19T4 and continuing ior •ach ~onth thereaft~r until paid. T •n~ o ~ $9S.6a pa3d each awnth shall liret be credit~d to lntereet sud tti~ r~- ~ ~ainder to the priacipal oi ttiie obligation. This note ~y be prepaid ~ at any ti~e without penalty. ~ _ • ~4 ; If dei~ult ~e ~n~ iw 3o dari in eM paYma*t of ~ny imt~llm~nt of p!inc~pal d~nNr~st w any ps~t +Aereof, rhe whole s~~++ r~+en re'~a~n:nq .,ti ~ ~~p~id wiH~ inttrtst sh~ll ~f Aolder's op `on becoTe dw and paY~bN w~tAout notiq. fa~lw~ to eaercn~ auch opt~on shall not conayfyk s wa~ver of tl~e r qn~ . ro etercis~ tM s~ryN in IM tvMt of subsp:iMl d~1au1?. AfrN m~tvnty bofh pincip~t snd ~tawd ~nttrt~t sMll blar mrerest af ll! Dm ce^n.m per annum ti~ unr~l p~id. TM msk~rs and erdwsNS of this note iurthsr w~iw dern+~d, no~~c~ of non-par~~ ~~d M«~s~• If th~s nof~ ~s nct pa~d +t mat,r~ty and rlx carre ~s • s~ p~xad witA an anwn~Y for cdNction, tM m~k~n u~d ~do?a~rs Mreof prN fo P~Y ~II cos„ 0/ coll~ction. incluo~ny a~l court cwn ~nd re~sonabl~ ~~raney fees. ~ ~ _ - _ . (SEAL) ~ DONALD E . ~I~STRA ~ . _ - - . (SEAI) - :»:w:w+~M?~Pi+{rti'~++•}ti'••p~+t~t+~?vTfiti~.W+~+.+ti~ +fi?tik'KM.S-:-?rh'h.~hti~'~:~:~{-~.k ~:r}etii }~.~Cw»}~?+.'~-:..:».'-{~{ ~h'~..,'h'»:». .;.~'~i . and shall duly, promptly and fully perform, d~scharge, exrcutP, effe~~t. complet~, ~~omply with and abide by each and everv the stipulations, agreements, cond~tioas and covenants ut g~d prum~ssvry note and of L1tis mortgage, then this mortgage and the estate hereby creatc~i shaU cease and t?e null and ~•o~d. It is understood that each of the Kor~s. "note," "mort~a~or" and "moYtRagee" respecti~~ely and the pron- ouns referring thereto, whether in lhe sinRular or plural anyv?here 3n this mortgage, shall be singular if one only and shall be plumi jointly and severaUy, if murc than one. Rnd sh:tll be m~sculine, (eminine and/or neuter, wher- e~er the context so implies or admits. And said Mortgagor for himselt and his heirs, legal representati~es, successors and assigns, hereby coven- anta ana agrees to and with said 1?tortgagee, his legal representat~ves, SU~cesSOf:v and BSSi~l9_ l. To pay all and singular the principal and interest and Lhe various and sundry sums of money payable by virtue of said pmmissory note, and this mortgage, each and every, prompUy on the daya respectively the same aeverally become due. ~ 2. To pay all and singviar the taxes, asses.~ments, leries, liabilities, obli~aticns and incumbrances of e~ery ` nature and kind now on said described property, and for that herea[ter may tre imposed, suffered, placed, le~tied ~ or assessed thereupon, andior that hereafter m.?y b~ 1~•. ied or a;-~r~.4ed upon this mortgage and!or the indebted- ness secured hereby, each and e~•ery, vrhen due and payable ac~~ordin~ to law, befure they become delinquent, and before any interest attaches or any pe~alty is iitcurr.e~i; and in so far as anr thereof is of record the same ~ shall be promptly satlsfied and discharged ot record and the on~;ir?al o[ficial dorument Isuch as, tor i~istance, ;he tax receipt er Lhe satis[action paper officially emiorsed or ccrtifie<i ? shall be placed • 1n the hands of said :ltortgagee v?-ithin ten days next after ~ayment: and in ihe e~•ent that any thereof is not so paid, satisfied and discharger said alortgagee may at any time pay Lhe same or any part thereof vrithout wai~~ng or affecting any optie_ , lien, equity or right under or b)• ~'iriuP nf th?s mort~aRe, and the tAll amount of each and every such payment shall be immediately due anrl payab[~ and shaU Ucar interest trom the date thereo[ until paid at the ra[e ot ten per c~ntum per annum and t~~~eth~r w,th s~~ch interest shall be secured by the lien of this mortgage. 3. To place and continuously ke~p on the bu:lcf~n;;s now or hereafter situate on said land fire and windstorm . ~ insurance in the ucual standard polic~ form, in a ~um n~t less than s Magimum 1n such com- pany or comp^ :ics as n~ay bc~ a~~pruved by cai~l lturtr;a~re; an~1 all such insurance pc~licies on any of said build- ings, any interest therein or part thereof, in the ~~nn~~;ate sum aforPqatd or in excess thereof, shall contain ihe usual standard mort~a~ee ciause makin~ the I~~~s ur.rlrr a'tid (wliries, ea~h and every, payable to said 2ltortga- gee as his interest ma~ appear, and each a^~1 ~~•P:y sc~~•h policy shaU be pmmptly deli~•ered to and held by said Afortgagee; and, not less than ten dav9 in a~1~an~e of the Pxpiratinn o[ each policy, to deliver to said btortRaR~ a tene~val thereof, together Kith a receipt fnr thP pr~mium ~f ~n~•h r~newal: and there shall be no such insur- ~ ance placed on any of said buildinRS, any ~ntrrest therein or part ihereot, unless in the form and with the loss payable as aforesaid: and in the e~•Pnt any sum of m~~ney be~nmea payeble under such policy or policiea said Aiort~a~ee shall ha~•e the opti~~n to re~ei~•e and :?~ply the sam~~ on account ot the indebtedness securecl hereby or to ~rmit said ltort~a~or to re~ei~•A :?nd use it or any part therenf for other purposes without thereby ~tai~~ng or •impairing any eqiiity, lien or ri~ht under ~r by ~ irtue of tl~i3 mo: cgage: snd in the e~ent said DiortgaKor shall ~ for any relson fail to keep the said premisrs s~ in~ur~d, or fail to deli~er promptly any of said policies ot insurance to said ~tort~aR~e, or fail promptly to p~}~ inlly anp premium therefor, or in any respect fail to per- form, diecharge, execuie. ~ffeci, complete, comply ~~ith and abi.3e by this ro~•enant, or any part hereof, said \tortg- ageP may place and pap for such ina~rance or any par! thereof ~vithout vvai~in~ or atfecting any option, liPn, equity or right under or b~• ~•irtue of this mort~age, ard the full aq:ount of each and every such paymeni ahall ~ be immediately due and pa}•able and shall bear intPre~t from the date thernof until paid at the rate of ten per ~ centum per annum and toRether with 9uch tnterest shall be secured by the lien of thla mortgaRe. ~ 4. To permlt, commit or suffer no ~+aste, ~mpairment or deterioratlon of ~aid property or any psrt thereof. 6. To pay all and sinRular the costs, charRe~ and expenses, includ~ng reasonable lav?yer'e fee~ and cwt o} abstracts o[ title, incurred or paid at any time by satd 1?tortga~ee becaux andior in Lhe avent oi the faflure ' on the part ot the said DiortgaRor to dnly, promptly and fully perform, dlxharge, execute, e[fect, completa, ~ comply with and sbide by each and every the stipulation~, agreement~, condiUons and covenante of said promLs- ~ sory note, nnd thi~ mortgaRe, any or either, and sald rnsts, cherges and e:penae~, each and every, shall be !m- mediately due and payable, ~ahether or not there be notice, demand, attempt to collect or ~uit pending: and the ~ 11il1 amount of each and every ~uch pevment shall bear interest trom the date thereot unttl pald at the rate of tea per centum per annum: and all eafd coste, charqe~ bnd expenaes so lncurs~ed or paid, together c~~ith auch ta- ~ terest, ~ha11 be eecured by the Uen of Wa morigage. ~ ~ E e i ~ PACf ~ ~ _ - = : ~ . _ _ , b~__.~~~