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Home My WebLink About2010 1 STUART, Florida, ~4 ~ S_ --4~,-SO4Y - - ~~...-s~_---- 19--- 04---- - . = FOR VAIUE RECEIVED, the undersigned, jointly and severolly, PROMISE TO PAY to the orde,r of ~ -----~SN9E~L-SEACS.-BANK,---a-..Florida---ba~tia8--~~~at.i.oa------- - - - DOLIARS, ~ Y . -~iats--~u~adsad--iad-- • at -~a~s--~~~~~---~'lO1R~di-___~~_____ ...------or such other piace as the holder hereof may designate in writing, together with interest from date at the rate of 14._.__ per centum per annum on the ; unpaid balance until maturiry. The said principal and interest shall be due and payabie s~ lO110~1~: 1 ~~8~6Z a~onth. the lir~t pa~snt b~ing dus oas sontti iro~ ~ 1974 and continuiug tor each ronth thereaft~r until p~id. ~ua o ~~9a.6S paid each sonth sh~?il ~irst b~ credi~ed to inter~~t an th~ ; re~sind~r to the principal o! thie obli~atioo. This nott uy b~ pr~pa3d ~ at an~ ti~s without p~oalty. ~ If del~uh b~ rnad~ iw `~O d~ri in ~l+~ wvm~nr of ~nY iestdlm~n/ d princip~l o~ ~nNrest w ~ny part +h~reof. +M wF+ol~ wm Men rems~~~ng ~npa~d w~~l+ intcrost shall at holder's op ~~on becom~ dw +nd wr•bN wiMout nain. F~~Iv:~ to •¦erc~s~ sucA opuon sh~ll not constiwte ~ wa~ver of M.~ r,gnr t ro•aerc~s~ t!K sarn~ in tM evM~f of subsp~ent d~huh. After matw~ty bo~h pintipal ~nd ~tcrwd int~rtp sh~ll bNr interest at ~(1 per ceM~m per annurn ~ = unt~l p~:d. TM maken ~nd endorun oi Mis not~ (wtMr w~iw dnn+rd. notic~ of non-WV~+a~t uid R~oMSt. N thia nore ~s no~ p+' 7f enarw~ty and the ~anv ia p1~c~d wi~h ~n +tto?etY ~ cdNctian. Nw makaa w+d ~ndwwn Mrwf pr» to P+y ~tl coab of colNct~on, includmq sil cowt cosn and re~son+blt anomer (ets. ti ~ ~ ~ - - ~SEAL) • CAItL L. HSAD, Slt. Y • . 's~' ' ;r~ - - - (SEAI) ; - : • . . . +ti+,.'?-0~~t?v?~+ +,},:w'».k"w'~'h~'r }fi..~ ,+,.k+~T{-ti'~,3-:r.~?tifi{ : }r'~-:~: ti~».ti-:• end shall duly. promptly and fully perform, discharge, execut~, etfect, complet~, ~omply w~th and abide by each and everv the stipulations, agreements, cunJdions and covenants of ssud prunussory note and of ttua mortgage. then Lhi~ mortgage and the estate hereby created shall cease and be null ancl ~'o~d. It is underslood that each of the words. "note." "mort~agor" and "mortgagee" respecti~~ely and the pron- ouns referring ihernto, whether in ihe sinl;ular or plural anywhere in lhls morigage, shall be singulat if one only and shall be pluml jointly and severally, it more than one, and shall be cna.gculine, feminine and; or neuter, wher- e~er the context so implies or admits. And sald Mortgagor for himself and his heirs, legal representatives, successors and assigns, hereby eoven- ant~ ana agrees to and with said 1?fortgagee, his legal representatives, successor:9 and assigns: _ 1. To pay all and singvlar the principal and interest and the variou9 and sundry auma of money payable by ~ virtue of said promissory note. and this mortgage. each and every, prompUy on the days respectively the same j eeverally become due. 2. To pay all and singular the ttuces, asses.~ments, levie9, liabilities, obli~ations and incumbrances of every nature and kind now on said described property, and,%or that hereafter may be imposed, auftered, placed, le~ried ' or assessed thereupon, and; or that herea[ter may be levied or ass~~cge~i upon this mortgage and/or the indebted- j ness secured hereby, each and every, vehen due and payable acroniing to law, before they become delinquent, ; and before any interest attaches or any penaliy is l:uurred; and in so far as any thereot is of record the same ; shall be prumptly satisfied and discha oed of record and the on~inal off~cial document Isuch as, tor ii~s[ance. ! :he tau receipt or the satisfaction paper officially en~iorsed or certified 1 shall be placed in the hands of said ~ Mortgagee within ten days next after ~?ayment; and in Lhe e~~ent that any thereof is not so paid, satisfied and discharged, said Mortgagee may at any t~me pay the same or any part thereot Kithout wai~~ng or affecting ~ any option, lien, equity or ri~;ht under or b~ ~•irtuP of this mortgagc, and the full amount of each and every such payment shall be immediately due an~i {~ayable :+nd sh:ill bcar intemst from the date thereof iintil paid at the rate ot ten per centurn per annum and t~~heth~r with such interest ahall be secured by the lien of thia mortgage. 8. To place and continuously ke~p on the bu~l~l~n~s now or hereafter sltuate on said land fire and windstocm M~L~mt11D insurance in the usual standard policy form, in a sum not less than S-- in such com- pany or comp^nics as may be ap, ro~•ed by caid ~inr!;;a~~~e: ami ~ll quch insurance policies on any of said build- ~ ings, any interest therein or part thereof, in the a~~r.kate sum aforesaid or in excess ttiereof, shall contain the usual standard m~rt~agee clause makinR the t~~~9 ur.ri~r a~tid policees, each and every, payable to said btortga- gee as his interest may appear, and each ar.~l e~•P: su~-h {x~licy shall be promptly delivered to and held by said Mortgagee; and, not less than ten davs in ad~•an~e of the expiralion of each policy, to delever to said biortgagee s rene~val-thereof, toRether with a receipt fnr thP prPmium nf .~~~h r~newal; and there ahall be no such insur- ance placed on any of said buildinRs, any interest therein or part thereot, unle4s in the torm and with the loss payable as atoresaid: stnd in the e~•Pnt any sum of money becomes payeble under such policy or policiea said Mort~agee shall ha~•e the optinn to recei~•e and apply the samP on account of the indebtedness secured hereby or ~ to permit said Mort~a~or to receirP 1nd v~e it or any ~Art thereot for othet p~rposes without thereby waiving ~ or impairing an}• equity, Ifen or riRht under or by ~'irtue of this mortgage: and in the event said Mortgagor shall for any reaso~ fail to keep the «It~ pi?i17t9rS so in~ur~d, or tail to delt~er promptly any of said policies ot ~ insurance to said 1ltort~~ee, or fnil promptlp to p~~• tulty any premium therntor, or in any reapect tail to per- form, discharge, execuie, eflect, complete, comply ~~~th and abide by this covenan~ or any part hereot, said 1ltortg- ~T a~ee may place and pay for si~ch inaurance or any part thereof ~vithout veaiving or atfecting any option. lien, equity or riRht under or by ~•:rtue of this mort~age, anil the fu11 amount ot each and every such payment shall be immediately due and pat•able and shall bear intPre~t trom the date themof unttl paid at the rate of ten per ~ centum per annum nnd together with such lnterest sha11 be aecured by the lien ot thia mortga~e. ~ 4. To permlt, commit or sufter no wsste, impairment or deterioratlon of sald property or any part thereof. ~ 6. To psy all and sinRular the co~ts, charge~ and expenses, including reasonable lav~yer'e fee~ and co~t of abatracts o[ title, fncuned or paid at any tlme by said btortgegee because and/or in the event of the tallure ~ on the part ot the said MortgaRor to duly, promptly and tully pertorm, dlscharge, execute, effect, complete~ ~ rnmply with and abide by each and every the stlpulatlons, agreements, conditlon~ and covenants of said promis- sory note, and thi~ mortgage, any or either, and sald costa, charges and expenses. each and every, shall be Im- ; medlately due and payable, whether or not there be notice, demnnd, attempt to collect or sWt pending: and the full amount ot each and every auch payment ahall bear interest from the date thereoi unttl pald at the rste o! ten per centum per annum: and all esid co+ta, charges snd e~cpenee~ eo fncurnd or patd, Logether with auch 1n- ~ ter+e.~t, ~tuil be secured by the llen ot We mortgage. 600K ~~8 PACf < ~ , j - - - - ----1 , t,__ ~ ' ~ ~ x ~ _~~x~~~~~~~~~ . _ _a