The URL can be used to link to this page

Home My WebLink About0431 ~ 10. OOO.OQ Stuart, Florida, . 19 { ~ For valus received, I, we, or either c . jo~ntly and severolly promise to pay in iul money of the United States of America to ihe orde~ of FIRS~ NATIONAL BANK ANO TRUST CAMPANY OF STUART at iss office in this city the principal ~ , sum of -TEDI•-a~i0i1~AN0--~--~1Q~._ _ Dollars ~ - ; top~tlwr with InMnst from da~~ ~t th~ r~H of 1Q pK antwn pw ~nnum on tM unpaid b+l~na until paid, aid principal u~d int~reit to M pay~bl~ a to~~ovw: ~n i+wnthly irot.~~m.ots of'11l~..H~iLI~_l~IllY-~Z~.DQ.t~IS_.i~6~~(i-233.b3.__ ) tndudt~p ~nt..at, w+ d,. : t r el.p of ..ch ~wnrh b.yinnino th. r- d.r of __._.l, ~ S - - ~ - • w~ w~d oontinukp on th~ day of ~ach and ~wry month th~naN~r w+til 1h~ day oi ..~--~._I~----_...-------- 19....Z~- , oe wAkh s~id dat~ tl» N+tin balanc~ of p?incipd u~d inMnst th~n unpaid zhall b~corn~ dw ~nd psy~bl~. Each paym~nt is to b~ appli~d fiht to intKat and th~ bala~ to principal. 1~ cas~ s~id iniullm~nK, or any of them, ars not paid within 1S day? ~iter tM samt b~co+m dw, th~ whol~ of uid princip~l ~nd tot~nst sum tMll fonhwith b~ooe+s dw and p~yabl~ ~t the option of th~ hoWsr of this nots. Wt, the m~kars, surstin, ~++dors~n and 9va?~nton of ~his noro, hereby seve+ally waiw prss~~tmsnt ior payment, ratic~ of non-paymtnt, protest ~nd noriae of pro»st, ~d diliy~nc~ of brinpinp suit p~Nst any p+?ty tF~nto, and ca+sem rh~t tim~ of p+yment may bs extendsd w~thow notia thsrwf ro ~ny d th~ wntia of thb ~ot~. t Now. shouW N b~ n~puary fo o~tbct thi~ rwt~ tMo~yh ~n ~narry. ~~ch of us, wMtha m+ker, sunty w endorur on this not~, h~r~by ~pr~ ro p~y S •II ao~b of said oolbction, includinp ~ haonabb attornt~/s fe~. Si{d bi11I[ I~ Mf~ fXPftlflY iYfI~OfIZld 10 M~~III MIy ~Mf~I Of i~a) dfpOS~t, oollateral, n~l or pe.w~+al security. w the proceeds thereof, betag- inp ro~ithK of us, now a hae~(tN tM pws~ssion of it dwinp tl» t~mt this rwM remains ue~paid, and befwe or aft~r matwiry l+ereof may ~pply the ~.,e. a dw. a«,y o~lw d~M o. li.bilkia of •i~h.r of us a said bank, dw w ro b.com. dw. G~wn und.. rhe hs~d and a.al of ~ach party. ~~A ~QCUMENT%11~T lIAMP T~ ~,xsc 70 oR~~~NA_ ~ /s/ C. Ivan Munroe Jr. (Seal) ,~wa cu.~cE~~Eo ~oe P. O s/ Anne Mul'~roe ~ r~~~ Anns . . unroa /s/ Charles D. Hooks (Sswl " - No Due Chatles D, HOOk• ~~a~~ ~ /s/ Genie V. Hooks ~$e~ ~ ~ ioe and shaU dul~•, promptlv and tull}' perform, discharge, exectite, e(iect, complete, comply wit an a i e by eac and every , the supulatious, aRrecments. conditiou~ a~~J rn~•enants o[ said promiswn• note and o[ this mortgage, tLen this mortgage and ~ the estate hereby creatc~cl shall cea~e aud be null and void. ~ It is underctooci that each o[ che words. "note;' "mortgagor" and "mortgagee" respecti~•el}' aod che pronouns reterring thereto, whether in the singular or plural an~where in this mortKage, shall be singular i[ ouc onl}' and sha11 be plunl joindy and severally, if more than one, and shall be ma~culine. teminine and/or ~seuter. Mhereeer the context so impliec or admits. And said ~fortgagor for himselt and I~is heirs, le~al repmseutatives, successors anct assiRns, hereb~• co~•enantc and agtees to and with said \toregagce, his leqal representati~•es. successors and as:iRns: 1. To pay all and singular the principal ancl interest and the ~•arious aud sundr}' sum. ot mene~~ pa)able by ~•irtue of said pmmissory note, and this mortgaRe. each and e~erp, promrth• on the da~s tespectieely the .ame se~•erallv become due. 2. 7'o pay all and sinqular the taxes, assescments, le~ies, liabilities, obli~ations aud iucumbrances of ecet} nature and ~ kind noh ~n said de~cribed property, audjor ehat hereafter may be imposecl, sufiered, placed; le~•ied or assessed chereupon. ~ and/or that hereatter may be le~•iec! or assessed upon this mort~;aRe andior the indebtedneu secured hereb}'. each and e~•ery. `s when due and payable accordinR to l:ew. I~efore the~ bemme delinquen~, and be(ore any interest attaches or am• penalty ic _ ~ incurred: and in so far as any thereo[ is of record the same shall be prompdy satis(ied and discharfied o[ record and the or- ~ iginal o(ficial document (such as, (or insta~ue, the tax receipt or the sati,(action paper o(ticially endorsed or certifieel) shall be placed in the hands of said ~(ortRagce within ten days ncxt a[ter p:~~~mcnt: and in thc e~•ent ~hat anv thrreof is no[ so paid, satiitied and discharqecl, said \IortRagee mav ae any time pay the same or any part d~ereo[ without wairin~ or a[[ect- ing Any opeion, lien, equity or right under or by cireue of eh~c moreRage. and the full amoun[ o( each and e~•ery• u~ch pa}•- ment shall be immediatelv due and pa~able aud ~hatl bear interese trom the date thereof until p~id :~t the rate o( tc:i pcr ~ centum per annum and toRether with such interest shall be secured by the lien oE this mortfiaRe. 3. To place and continuousl~ keep on the buildings now on c~rea(ter situate on said lau~i [irc and wind.torm iusur- ance in the us~al standard policy torm, in a sum not las than ihe hi~hest insurable ~•alue, in such compan} or companies as may be approved by said Atortgay,ee: and all such insurante policies on any of said buildinRs. any interest thereiu or part chereof, in the aRqreqate sum aforesaid or in excess thereo[, ahall contain the usual sea~~dard mortgaRee clause making the loss under said policies, each and ecery, payable to said ~(ortgagee as his interese m•ry appear, and each and e~•eca such policy s shall be promptly delivereci to and held by said \IortRagee: a~~d, not less than ten da~c in advance of the expiration o( each ~x?licy, to deliver to said ~lortgaqee a renewal thereot, together Mith a receipt for the premium o( such rene~+al: and tliere shall be no such insurance placed on anp of said buildiugs, any interat therein or part thereo(, unless in the form and with _ ~ the loss payabk as aforesaid; and in the event any sum of money becomes pa~able under such policy or ~wlicies said \lort~agee shall have the option to recei~e and applr the same on account of the i~idebeedness secured hereby or to permit said ~tortp,a- ~ qor to receive and use it or any part thereo[ for other pur~ses N ithout thereby waivinR or impairiny, anv equit~, lien or ; ~ riqht under or by ~irtue of this mortq~ge: and in the e~enc said Afortgagor shalt for any mawn (ail to kecp the said premises = so insured. or fail to deliver promptly any of said policies of insurauce to said ~fortRaqee, or fail promptly ro pay fully auy premium there(or, or in any respece fail eo perform, distharge, erecute. e(fect, cnmplete, compl}' N ith ar.d abide by this mv- enant, or any part hereof, said Mortg~qee may place and par for such insurance or any put thereot wi~hout waiving or ~ atfecting any option, lien. equity or ri ht under or br virtue of this mortgaRe, and the [ull amount of each and every such ~ payment shall be immediudy due an~ payable and shall bear interesc Erom the date thereof until paid at the rate o[ ten ~ per cenwm per annum and together with such interest shall be secured by the lien o[ this mortRaqe. ~ ~ 4. To permit, commit or sufier no wute, impairment or deterioration o( said property or any part thereof. ~ ~ ~ 5. To pay all and singular the costs, charges and expenses, induding reasonable lawyer's tees and cost o[ abstracts oE ~ title, incurred or paid at any time br uid Diortgagee because and/or in the event of the tailure on the part o[ the said ~ ~ '.1(ortRagor to duly. promptly and fully perform. discharge. execute. e[Eect. complece, comply with and abide by each and ; every the stipulations, agreements, conditions and covenants of said promissnry note, and this mortgage, anr or either, and ; ~ said costs, chuges and expenses, eath and every, shall be immed~ately due and payable, whether or not there be notice, de- mand, attempt eo collect or wit pending: and ehe full amount oE each ~nd every such payment shall bear incerest fran t date thereoE until paid at the nte oE ten per centum per annum; and all uid oosts, charges and acpensa ~o ineurred or paid. ~J, together with such interest, shall be secured by the lien of this mongage. o R r~ ~b~~~ 375 rM~t ?31 ~ BOOK~.JV PAGE 4J~ - ~ : . ; ~ , . , . _ ~ r. _.s