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Home My WebLink About1503 +yh~v'~?~W.+.h'~+~ :~:w t9.~.~- s ; a STUART, Florida, ~ ~ 4 b@~:-OA-------- . ~ FOR ~/AWE RECEIVED, the undersigned, jointly and severally, PROMISE TO PAY to the order of _ ~ ~ . - - Z; ----.T~--~CII---$A~T~~---i~.-_-l~'101t~~--~__/~'8/--~4P~l~~-~A~------ - DOLlARS. ~ i i-if~--~Yii~--~Y~'-~V~'~YY'~'~~~.~.~~s~~~ww~~~+~~~~~ • 9 _______or such other place as the holder ~ F at ---.T~ON~-,BKCh-r--~~.~i?---------- - s hereof may designate in writing, together with interest from date at the rate of 1O _ per centum per annum on the ~ , •ti unpaid balance until maturiry. The said principal and interest shall be due and payable i~1 IO ~10 : ~ ; a9b.6Z a~ooth, ths lir~t pajwnt b~ing du~ on~ ~ontb iro~ d ~ 1~74 wnd continuing sach aonth tlierealter until paid. This su~ o a98.8s paid ~ach sonth ehall iint be cr~dit~d to inteswt tnd th~ ; s~aind~r to the principal o! this obiigation. Th3s note ~ay be Frs- ~ ~ paid at an~ ti~e sithout p~nalty. ~ ' ~ in M» psymMt of w+Y infbllm~nt o~ pinupal a~n1~r~ft w~n~ part M~ereof. +M whole w~+ +hen rer*a~n;nq ~ k ~ If def~uN b~ in~ ia ~ ' unpaid with inte~tst sMll at Aolder'~ ~o~ b~conr dw +nd p~v~M withouf noeic~. F~ilw~ to •a~ruN ~uch oPhu+ sh+11 not const~ture s wa~ver of the ..9nr . ro ~~xe~ds~ th~ s+m~ ~~^t ~ a p~^~ ~f~uH. Afr~r ~+nr.~h pah w~nc~w1 ~nd acuwd i/fINHf sMll b~ar ~n~eresr a~ 'A per cent~m pe. annum ti p~ hKyd w M~n atlormY for colNction. ~tM nrkas u~d ~ndor~sNS h~rwf ' naict •e~ W~ oF~oolb~ct~u~. incl ~~dm9 ~11 cour~t costs~~ measonable snwnev z . - . . _ _ ~ - (SEAL) • ; aultus P. ~ lta ti.ak ~ . ~ , y ~ ~ ~ ~ ~l. ,`~_l_~~s~` - - csEAu - ° ~'"~~~~lt{~-.'~:ww?.+fi.'M.' i~:w :».ti,~fi-x x : . . : +fi+.~~~-0'~'d"~'~+'~ti'~+~}fifi~A+~?~tk , ~ and shall duly, promptlY and fully perform, A~scharge, executP, effert, comptetr, ~omply w~ih and abide by each and everv the stipulations, agrecments, rondd~un and cor•enants o[ s:t~J prunus~ory note and of this mortgage, then thia morigage and the estate hereby createtii ~hall cease and be null and t'oi~i. It is understood that each o[ the worJs. " te." "mortRagar" and "mortRagee" respecti~•ely and the pron- ouns referring thereto, whether in the singular o plural anyv~l~ere in thls mortgage, shall be singular it one only and ~hal! be pluml jointly and severally, if mure t an one, and sh:ill be ma.gculine, feminine ar:d;or neuter, wher- ever the conteat so implies or admits. And ~aid Mortgagor for himselt and his heirs, legal representatives, successors and assigns, hemby coven- anta ana agrees to and wiih said I?iortgagee, his legal reprrsentatives, succ~ssoro and assigns: 1. To pay all ar.d singular the principal and lnterest and the various and sundry sums ot money payable by ~ virtue of said promissory nate, and thi~ mortgage, each and every, prompUy on the days respectively the same aeverally become due. - ~ 2. To pay all and singvlar the taxes, asses.~ments, le~ies, liabilities, obli~ations and incumbrances of e~ery ~ nature and kind now on said described property, and: or that hereafter may be imposed, autfered, placed, le~tied ~ or assessed thereupon, andior that hereafter may be I~wied or a~sessed upon this mortgage andlor the indebted- ness secured hereby, each and eeery, v~hen due and payabDe accord~n~ to law, be[ore they become delinquent~ and before eny interest attaches or any penalty is incurrrd; and in so tar as e?ny thereof is of record the same ~ shall be prumptly satisfied and dischareed of record and the on~,-inal ofGcial dcicument tsuch as, for instance. ;he tax receipt or the satisfaction paper officially en~f~rsed or ~~ertifiedl shall be placed in the hands ot said Mortgagee within ten days next after payment: and in the e~•ent that any thereof is not so paid, satisfied and discharged. said 111ortgagee may at any time pay the ~ame or any part lherent W-ithout wai~ing or affecting any option, lien, equity or right under or b}~ ~'~rtuP of th~s mortga~c, and the full amount o! each and every such payment shall be immediately due an~t ~~ayabte :ind ~hall bear interest from the ~nte thereof until paid at the rate of ten per centurn per annum and t~~~ethrr x~th such interest shall be secured by the lien of thie mortgage. 3. To place and continuously ke~p on the bu~ld~n~;s now or hereafter sttuate on said land fire and windstorm insurance in the u~ual standard policy form, in a ~um n~t Icss than 5 ~~m~ In s~ch cuTn- pany or conip^z:cs as may be appro~'ed by ~ai~l ~1urF;;a°~•e: ami :~II such insunnce policies on any ol said build- ings, any interest therein or part thereof, in the a~~r.~;ate sum aforPSaid or in excess thereof, shall contain the usual standard mort~agee clause makin~ t}ie l~~~s ur.d~r said pollries, each and e~ery, paYable to said Atortga- gee as his interest ma~ appear. an~i each a::~l e~•r;y sii~•h ~licy ahall be promptly deli~ered to and held by said bio~agQe;-and. not less than ten days in ad.•an~e nf the eapiration of each policy, to deliver to snid biort~aRee ~ renewal thereof, to~ether vrith a receipt fnr thP prPmium nf an~h r~newal: and there shall bc no such insur- ance placed on any of said buildinRs, any ~nterest therein or part thercot. unless in the form and with the los~ payable as atoresaid: and in the e~•ent any sum of money becomes payable under such policy or ~+c~licies ssid MortRagee shall ha~•e the optinn to recei~•e and apply tt:e aam~ on account of the indebtednes~ secured hereby or 5 to permit said Siort~a~or to recei~•A and use it or an~ part thercot for other pt~rposes without thereby waiving or impairing an~ equity. lien or ri~hi under or by ~-irtue of this mortgage: and in the event ssid Mortgagor shall ? Lor any reaso~ fAil to keep the said prem~s~s so in~ur~d, or fail to deliver prompUy any ot said policie p~of i insurance to sa~d rtortgaRee, or fail promptly to p:?p t~~lly :ir?y premium therefor, or in any re~F+ect fail t~ ~ torm. discharge. execuie, ettect, complete, cumply ~~-ith and abide bv this co~enani, or any part hereof, said liortg- ~ agep may place and pay for such in4urartce or any part therenf without vuaiving or affecting any option, lien, equity or righi under or b~ ~•irtue' uf this mort~a~e, an~ the fuU amoc~nt of each and every auch payment shall ~ be lmmediately due and pa~-able and shall bear intPrest from the date therc~of until paid at the rate of ten per ~ centum per annum nnd together with such interest shall be secured by the lien of thia mortgage. ~ 4. To permlt, commit or sufter no ka~te, impairment or deterioration of aald propecty or any part thcreot. _ 6. To pay a11 and sin(Zular the costs, charges and expenses, including reasonable law}er'e fees and cost of , abstracts o[ title, fncurred or paid at any time by satd Mortgagee because andior in Lhe event of the fallure on the part of the said Mortga~or to duly, promptfp and fully perforru. dL+charge, eaecute, effect, complete. so~ ~note~. nnd~thisbmort~age, anyor eitherhandisaldtcosta,~ rKes ar?d expensea, e~ech andaevery. hall be tm- mediately due and payable, whether or not there be notice, demand, attempt to collect or auit pending: and the f1il1 amount ot each and every such payment shall bear interest from the date thereot untll pald at the rate oi ten per centum per annum; and al! eafd ca+te, charges and expenees so incurred or pald, together with euch !n- ' tenst, ~hW be secured by the llen ot thls mortgage. ~ ~ ~~8 ~~~~.500 - 4 , : x ~ ~ ~ . p'R w ..r ~ . - ~~',~`rv~