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Home My WebLink About1076 , f l i { ~ . k'`ti~k~~kk~kk ~ ' ~ :^:'C ~ STUART, Florida, - - --~~_~l.~j 19 ?-L- i~ S- -~4~6AA~A0-... FOR VAWE RECEIVED, the undersigned, jointly and severally, PROMISE TO PAY to the order of t/ ~ -----sYt~B~--~AC&--B1?~i1G,--i--]~'lorlda--bsnicla8---cos'Pos's~tiont--------- _ - - ~~~~~~r~~~~~~~~~~~~w~~ D ~ ~=t iIId__~0110~---------------------- k -~ii~- '~hplii~d--~1~Ke--St14d~-- OIIAR , __._._or such other place as the holder % at t~~~Q~~~~~~~ r centum r annum on the hereof may designate in w~~tmg, toget~e~ with inte?est from date at the rate of _ 8~_-- - pe Pe ~ ~ti unpaid balance until maturity. The said pri~tipal and interest shall be due and payable ta i0110~ 2 ~ ~ ~~41.2? ~ soe~ti~ the iirst pa~nt b~ing dw ow ~onth tro~ ~I ~ 1974 aad cooL'i.nuia~ !or eacti iontti t~s'+atter until paid. T s uep o ~ 2~1.1'! paid each ~rontti •hall tirst b~ cr~dit~d to int~rs~t and tlu ~ r~~ainder to the principal ot thi~ obli~ation. This not• ~say b~ PY''~Wi?id , f ~ •t any tis~ •ithont p~ a?1Ly. ~ ~ ~ If de(ault ba ~++d~ for daYS in tM par~t of ~ny inatallm~nr o1 p~nc~pal ot inMr~st w ~ny part r~ereof, eM wl,ole s~m Men rema~n,r+q ~ unpaid w;rh i~eere+f sMll ~t holda s op tion bacwne dw u+d WY~ba wiM~out eotic~. F~ilur~ to saKC~u s~ch opuon shall ra~ constiwte s wa~vcr of ~I~e r qi~r to ~aac~f~ tM s~~ ~n tM evMt of svbsp:nnr d~h~tr. AfrN mawnty boM pi~cip~l and +tcrwd inttteft sMlt ~r inf~rest at p per ccnr„m per ann„m unhl id. TM m~te+s ~nd endo.sNS o( Mis noq tu~ther w~~w dem~nd. noric+ of non-Wrment and wwes~. If ~hv noro ~s no~ p~~~M ~„ar nry and tM aame ~s v~~wiM an ~fror~tY cdhct;p4 ~~,ytws ~nd ~ndorNn Mreol ~prN to P+Y alt coan ot eof:~crion. ~ncl~d~np all cowt coan ~nd ~aasonabk arrwner fees' ~ 'y~ . _ (SEAL) ; - W 11114. ticwiiiia.~s ~ _ 'i - - - (SEAI) i; ''~~+a . :~:hti.}~d~'h' ~~k+~.Wsh~fi~Tti'?~v"r?~~~~~~`~ •'M.'-h'?titi :n-~: : i-ti«.w+.'..}ti'~,.'w: :-~.+s»~.u,«;•,,..;», and shall duly, prompUy and fully perform, discharRe, executP, eftrrt, ~umplet~, ~•omply w~th and abide by each and e~'erv the stipulations, agreemrnts, rundition9 and covenants u[ s:?~d prwn~ssory note and of tfus mortgage, then this mortgage and Lhe estate hereby creat~~i sh:~ll cease and be null anu ~•o~d. It is underatood that each of the wor~19. "note," "mortRagor" tu?d "mort~agee" respecti~•ely and the pron- ouns refernng thereto, whether in the singvlar or plural anyvvhere in this mortgage, shsli be singular it one only and shall be pluml jointly and se~eraily, if mure than one, and ~h:ill be tn:~sculine, feminine and/or neuter. v~her- ever the context so implies or admits. . And said Mortgagor for himsel[ and his heirs, legal representati~•es, successors and assi~, hereDy coven- ants ana agrees to and with said I?iortgagee, his legal representat~ves, succFSSOrs and assigns: 1. To pay all and singular the principal and interest and the various and sundry sums ot money payable by virtue of said promissory note~ and thi~ mortgage, each and every, promptly on the days respectively the same aeveralty become due. ~ ; 2. To pay all and sint;ular the taxes, assessments, levies, liabilities, obli~ations and incumbrances of e~ery 4 nature and kind now on 9aid described properly, and~or that hereafter may be imposed, su[fered, placed, }e~~ed or assessed thereupon, and~`or that hereatter m:iy b.~ Ir~•ieci or a=~~•sse~f upon this moriga~;e and~or the indebted- ~ ness secured hereby, each and e~•ery, M•hen due and payable acrording to law, before they become delinquent~ nnd before any interesi attaches or any penalty is incurred; an~i ~n so far as anv thereof is of record the same f shall be prumptly satisfied and dischar~e~f o[ record and the on};inal off~ciai document lsuch as, for i~istance, ~ ihe tax receipt or the satisfaction paper of[~cially endor~d or certifiedr shall be placed in the hands of said 2ltortgagee v~-ithin ten days next after rayment; and in the e~•ent that any thereof is not so paid, satisfied and discharged, said 1ltortgagee'may at any time pay the san?e or any part there~f v~ithout wai~ing or affecting any opti0n, lien, equity or right under or b~• ~•irti~P ot this mort~aRc, and the full amount of each and every such payment 4hal! be immediatPly due anrt ~~apabie ~n~i shall bear intcr~st from the date thereo[ until paid at the rate o! ten per c~nturn per annum and t~~~eth~r w-ith such interest shall be secured by the lien of thie mortgage. 3. To place and contfnuously ke~p on the bu:ldm;;s now or hereafter situate on said land fire and w~ndstorm in~urance in the usual standard policy form, in a~im n~t les~9 than s- M-.axi~°~ 1n such com- pany or Comprlies as may be appro~•ed b}~ sai~l ATnri~ar~•e: an~f all such insurnnce policies on anv of said build- ings, any interest therein or part thereof, in the a~~nr~;ate sum a(orPVaid or in exce9s thereot, shall contain the usual standard mort~agee C~aiISP mak~n~ lhe I~~~s und~~r sa~d poLries; each and every, payable to said Diortga- gee as his interest may appear, s?nd each a::d e~-P:~~ su~•h policy sh~ll be promptly deli~ered to nnd held by said biortgagee; and. not less than ten days in a~lranre of the Pxpirati~n of each policy, to deliver to said Dtortga~ee a rene~val thereof, to~ether v?ith a receipt fnr thP prPmium nf a»~•h rrnewal: and there yhall be no such insur- ance placed on any of ~aid buildin~s, any intrrest therein or ~art thercof, unleas in the form and wtth the lose ~ payable as aforesaid; and in the e~•Pnt any sum of money becomes payable under such poltcy or F+oliciea said Mort~agee shall haee the opti~~n to~ rrcei~•P and a~ply the sam~ on acruunt ot the indebtedness secured hereby or to ~rmit said :liort~a~or to re~ei~•P nnd ~i~e it or any pnrt iherco[ for other purpose9 without thereby waiving or impairing any equity, lien or ri~ht undcr or by ~•irtue of L:119 mortgage; and in the event said Mortgagor shall for any reason lAil to kecp the said premi4~s sn in~ur~d, or tail to deliver promptly any ot said policiea ot ~ ~ insurance to said I?lortgaR~e. or fai! promptty to p~q inlly any premium therefor, or in any respect fail to per- torm, dischar~e, execute, ef[ect, complete, comply ~+ith and abi~le by this covenani, or any part hereot, said ~tortg- agee may place and pay f~r such inauranee or any {~art thereof ~vithm~t vuaiving or atfecting any option, iien, ~ equity or riRht under or b~ ~~irtue of this mort~aRe, an~ the fuU antount ot each and every euch papment shall be immediately due and pa~•able and shall bear intPrest trom the date thereof untll paid at the rate of ten per centum per annum and toRether Ktith such tntere~t shall be aecured by the lien ol thls mortgaRe. ~ ~ 4. To permtt, commit or suffer no kaste, ~mpairment or deterloration of safd property or any part thereoi. ~ 6. To pay all and sin[;ular the costs, char~es and expenses, induding reasonable lav?ryer'e fees and cwt of abstracts of title, lncurred or paid at any time by sald _MortgaKee because and!or tn the event of the fallure on the part ot the said MortgaRor to d~ly, promptly and hilly perform. dtscharge, execute, eitect, complete, comply v~~ith and sbide by each and evPry the stfpulations, agreements, condiUon~ and covenants of ssid promla- f nae ' sory note, and thi~ mort~age, any or either, and said costs, charges and eapenaes. each and every, shall be Im- y mediately due and payable, v~hether or not there be notice, demnnd, attempt to collect or suit pending: and the ~ full amount of each and every auch payment shall bear interest trom the date thereot untU paid et ~the rate oi tea per centum per annum: and all aald cwta, charqe~ and expenae~ eo ~ncurred or pald, together v~-ith suc6 in- terest, shall be eecured by the llen ot Ws mortgage. ~ E ~e Z2~ P~a~~~~ - - - - ~ ~ `z'.~ ~ - ~ ~ ~ ._~~~~~~..,L., . 1_..