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Home My WebLink About0074 i ~~+h~~?{+~kti~hWtih~~?kk~h~t~C~hk'w'w.~t'~v'w+~k+ti~~kkh~ti~~ n' - - - 19--?~ 1 Y STUART, Flarida, .___Ii~j1 Z s- _.S Oi1osE~------ ~ ; FOR ~AWE RECEIVEO, the undersigned, jointly and severally, PROMISE TO PAY to the order of ~ . ; ,T~..BEA~CA-~AI~--a---~los~ld~--b~~k.i~t--~~t~o~l----- - - - - _ ~ • ' ~.,-=~~~~~~~~~~~~~DOllARS. ~ _ _ - iP~ ~~~r~~ow •j at _ _ _ - - ----or such other place as the holder + , .~r---AS~eh-~---~e!'~l~t------------------ hereof may designate in wrting, together with interest from date at the rate of ~e_.. . per centum per annum on the ~ unpaid balance until maturity. The said principal and interest shall be due and payable ~ tp11~1e! k ; ~137.49 a nonth, th~ fi~rnt p~y~eut b~in~ dw~ o,~s ~wotb fr~r ~ 1~T~ t3fi1 cont~uui~g for ~iiCL 1~Ut~?th thYl~f 1:i1' Niit3.1 ~+itld. T~~' ~Y1r O ~ ~197.tfi ~s?id egcb wonth aha21 li~t b~ cs~ditsd to iut~sNt 1~id tl~ t~- i ~ ~idd~r to tt~ ,•r:nc:i.;~w:t a~ Ci,is oLli~ativa. ~'di~ oo~a ~q ~ yr+~id ; ~ at W tl.wa vit~out r~e .nlty. ~ _ ~ j. If defwlt bs enad~ Id ~[i . daYS in Nr o~Y~t ~~ny in~41lm~nf of pinupal o~ ~nt~rat or any par~ ehereof, rhe whote wm M e~+ re~++i,~:~9 unpaid wifh ~nrore~f sha11 a1 holder's Xon b~come dut ~nd paY+bk W~?ha+t no~ic~. Fa~tw~ to •¦ea~s~ s~ch opt:on sha31 nor ca+snture a wa~ver ol rhe + a~t ro e:e~c~se 1h~ same in th~ ev«+t of sv seq:~ent d~f~ult. Aher ~nafvrity boM p~incepal sod scuwd ~n~er~st shat! besr tnrereat a~ per ccn+~m pe• ann„m ; th . unni pnd. TM maken Md cnduun of this no» (ur~hrr w~tw dem+nd, notic~ of non-paymem ~nd wote~~. If ~h7• nose ~s ~+o? pa~d ar,r~t~ and nc~ aame ~s ti• ptx~d wiM ~n ~ttorney fw cotNchan. tM maken u~d ~ndorsen hweof WrN to PaY ~11 cotes ot coll~a~on. includ,nq a~l courr costs ~nd re~~onabl~ anomer fces- ~ - - - - (SEAL) : . }t;. t~r~'~+.`.i~ . H'ti~, r U,~[Z. l" ~ ; - (SEAU - - - • . :-'-}~}fi{?~T~+~kkkWw'h'?titifi,~C~M'».ti-:~Mh'h+~W~M.hk+~'?Sh'htiv?v?+ ~'.r'~i ~~4'~"; .-,."~s».~tiw-:w».'`{-~ti tir.'~:~:»:w ~ and shall duly, promptly and fully perform, di9char~e, exrc~~ir, t+ffri•t, cum(~Ietc, ~•omply with and abide by each and e~•erp the stipulations, agreements, rond?t~ons aud covcnants uf s:ud prunussory note and of tFtis mortgage. then this morigage and the estate hereby created shall cease and be null anu ro~d. It is understood that each of 1he «or~ls. "note." "mort~agor' nnd "mortRagee" respecti~•ely and tne pron- ouns refernng thereto, ~~hether in the sin~lar or plural anyv~hrre in this mnrtgage, sh~all be s~ngular i[ une onl; and shall be plural jointly and se~•erally, if mure than one, xnd ~h:tll be ~nagculine, fe~fi~aine and~or neuter. v~her- . ever the context so implies or admits. Md said Mortgagor tor himself and hss heirs, Iegal representeti~•es, succe.~sors and assigns, hereby coven- anta ana agrees to and with said 1?tortgagee, his fegal representaUves, surc~ =~ss and assigns: 1. To pay all and singular the principal and in!erest and the vanous and sundry sums o[ money payable by vfrtue of aaid promissory note, and thi~ mortgage, each and every, prompUy on the days respectively the same severa.Ay become due. . 2. To pay ail and singular the taxes, as.ses~ments, le~ies, liabilities, obli~ations and incumbrances of e~ery ~ nature and kind now on said described property, and: or that hereatter may be impo9ed, soffsred, placed, le~-ied ; or assessed thereupon, and;or that hereafter may be lrv~ed or a~srssed upon this mortgage and%or the indebted- ' ' ness secured hereby, each and e~•erv, w•hen due and pay~able ac~-ordin~ to law, before they become dellnquent~ i ~ and before any interest attaches or an~ penally ts ircurred; and m 9o far as any thrmof is of record the same shall be prompqy satisfied and d~schar~ed of record :ind the on~;inal' off~cial ~d~cument Iauch as, for u?stance, ~ ihe tax receipt er the satisfaction paper of[icially en~l~rsed or ceKifiedl she?ll be placed in the hands of said ~ btortgagee within ten days ncxt after Payment: and in the e~•ent that any thereof is not so paid, satisfied and ~ discharged, said Diortgagee may at any time pay the same or any par[ thereof ~•ithout wai~-tng or affecting _ any optien, lien, equity or right undcr or b~• ~•~rtur of th~s mort~;aRe, and the full amount ot each and e~~ery such payment shall be immediatPly due an~i ~~,s:~n~c ~nd shatl Ue1r inter~st from the date thereof until paid at the rate of ten per crnturn per annum and t~~gethr•r «~th such interest ahall be secured by the lien ot this mortgage. 3. To place and cont~nuoucty ke~p on the. bu:ldin:;s nuw or hereafter sltuate on said land fire and ulndstc+rcn insurance in the usual standard polic~ form, in a ~um nnf. less cn~ a ~i~.~ . in such com- pany or comp~:~ics as ma~• be appr~~ced bs~ sai~l ~T~~r?;;a•;re; un~f atl su~~h insurance policies on any of said build- ings, any interest therein or part thereof, in the n~~r.•p_:ite sum atorPSaid or in excess thereot, shall contain the , usual standard mortxagee clat~se makin~ tt!e l~~~s uc~frr s:~id ~ulicies, each and e~•ery, payable to said Atnrtga- gee as his interest ma~ appear, and Pach a!:~l ~~•F: c su~ h p~licy ahall be promptly del~~•ered to and held by said ± l~Sortgagee; and, not less than ten days in 1d~an~e of the expiration of each policy. to deliver to said ]~tort~:agee a renewal thereof, to~ether ~~•ith a receipt f~r thP prPmium nf anrh r~n~wal: and thPre shall be no such insur- ance placed on an}• of ~aid buildinRs. any interest~ thercin or part thercot, unless in the form and with the 1~9s ~ papable as aforesaid; and in the e~'Pnt any sum o[ m~~ney bec~mes ravable ur.der such pulicy or ~+oliciea sa~d MortRa~ee shall ha~•e the opti~~n to reoe~~'e and 1{~ply th.e sarnr on a.•count ot the indebtedness secure+l hereby or to ~rmit said ~Sort~a~or to reoeirP nnd n~e it or any Fart thercot for other purroses without thereby wai~ing ~ or impairing am• equity. lien or r~ht under ~r by ~•irtue of this mortgage: and in the e~ent said Mort~agor shall for any reaso~ fai] to ke~p the said Premtic~~s s~ in~ur~d, or fail tci deHver promptly any of said ~licies ot ~ insurance to said Atnrtga~ee, or fail promptly t~ p.~~• f~illy :u~t• premium therefor, or in any respect fail to per- ~ form. diechar~e, exe~~u;e, ~ffect, complc~te, cumply ti~-ith and abide by this covenant, or an~ part hereot, said ~Sorfg- ~ agee may place and pay for snch in=urance or any rart thPre~f .~•ithnut .+ai~in~ or ntfectin~ any optinn. )iPn, equity or nRht under or b~ ~•irtue of this mort~aRc, an~ the tu? an~ount of each and every such payment,shall ~ be immediately due and pa~•able nnd shall bear intPrect from the date ther~of until paid at the rate of ten per _ ~ centum per annum and toKether with such tnterest shall be secured by the lien of thia mortga~e. ~ 4. To permit, commit or sufter no «'aste, imrairm~nt or deterioration ot said property or any part ihereot. ~ 6. To pay all and singular the costs, char~es and expenses, indud~ng reasonable law~}~er'e fees and cost ot abstracts ot title, fncurred or paid at any time by sa[d 1?tortgagee because endior in the e~ent of the fallure a~ on the part ot the said blortgaRor to duly, promptly and fully perforru, dlscharge, eaecute, effect, complete. comply w~th and abide by each and every the stlpulation~, agreemenW, conditlon~ and covenants of sa~d promis- ~ aory note, and thi~ mortRage, any or elther, and sald rnst., charges and eapet~e~, eech and every, ehall be 1m- ~ mediately due and payable, v~hether or not there be not~ce, demand, attempt to collect or ~ult pendin~: and the ~ full amount ot each and every ~uch pa~Tnent shall bear intereat from,the date thereol until pald at the rate o! ten per centum per annum: and all safd ca~ta, charqe~ snd expenees eo lncurred or paid. together v?*ith auch in- ~ tenst, shall De aecured by the llen oi Wa mortgage. • ` eR ~ ~ . F::~ 228 P~ '74 ~ ~e: ~ - ~ _ ~ ~ ~ . . _ _ . ~ .