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Home My WebLink About2851 ...,..ti : STUART, Florids, ~!lif 19_7.4- •k a 27_t_U00. 00 . _ y~ FOR VAWE RECEIVEO, the undersigned, 'ointiy a_nd severally, PROMISE TO PAY to the orde~ of.__.__... - ~ • ~ ~Q~~Q~'4~io4---- - - ; --------~~~N ~~-B,A~_o_.. _ ~ - k ------7:!l~II~.K-_ 5°ven _~Y~~.R~_-~~--Q4L_~JTi--..~MMNN..~--~-M~--~N-~~MMUOIIARS, s - - s.x - s: at __._~Tlr1QlQ~~~s-_~.4t1t~l~ --------o~ such other place as the hotder ; •i hereof may designate in writing, togethe~ with interest from date at the rate of . 2?Q _ per centum per annum on the ; :ti unpaid balance until maturiy. The said principal and interest shall be due and payable ~B iC110~~: ~ ~Z90.16 a~ontti, th~ iirst pay~snt bsin~ due one eonth lro~ . 1974 and continuiag !or each month therealter until paid. T• su~ o ~ $~90.16 paid ~ach ~ntti •hall lir~t be credited to intareet Aad t!u ~ resalnder to the principal ot this obligation. Ttiia n~ot~ aty b~ pr~~ ~ pai~ at any tiM wi4~ont p~aalt~. ~ . - If defwh b~ ~d~ for ~0.._. dari in Xr MY~~ of M+r imqlYw~nt of O~~~O+I or :nNr~u ;+r s~M o+~ ~he~eoi. +M wbl~ swn Men re~.+~~~.~•q . u*o+~d w~~A inrere+~ sMll a~ Aotder's oOrion b~cowr due and W1r+~ w:MaA na~c~. Fa:lun a eae.c.s~ wd~ oWan sha~l no+ conayy~ • wa,~er ol th! r qw~ ro ~aerc~u tA~ ~anv in M~ r~+t of s~bs~a+~~ defwlr. Afnr aynrnty boM princro+l and ~aawd :nw~st sh+It bw ~xresf at 1!1 v~? cen~~n~ pe~ a~~m •,ti M j• ~nnl p~d. iM msk~rs and eodws~n of Mis nop hwMw w«v~ dwnrid. na:a of na?wywwnt ~nd W~s~- co~n cosea~and ~Nrx~r~~ anorney feea D~~cW wi~h ~n attaneY fw cotNct.on, tM wrk~rs ~nd ~ndwsKS Iwwf prM to Pri d1 co~a of ~y ~ ~ c- i 1 ~ /Z ~ . k Ry B - (SEnu ~ ~ '-~j~ - ; . ; ~ : ~ ...~x~-~t - - - (SEAi) .X - - - ~:.?ti'~.~++'ti :~sS-:..} . : '-+}~h~?v'+h.~ti and ahall duly, prompqy and fully per!orm, discha~e, exccutP_ effect, comptete, comply w~th and abide by eaeh and everv the st~pulsuons, agreements, cond~t~u:~s and covenants of a-ud pr.,misaory note and o[ th~.s mortgage. then this mortgage and the estace hereby created sh:ill cease and be null ana LoiJ. It is understood that exch ot the wonls_ "note," "mortgagoY' and •'moRRagee" resFecti~ely and the proe- ouns referring thereto, wheiher in the singular or plural anyv?here in thls mortgage, shall be singular iI one only and ~yall be plural jointly and se~erally, if mure than one, and ~hall be ~na-scutine, teminine and/or neuter, wher- • e~er the context so implies or admits. , And aaid r+Iortgagor for himsel[ and ?us heirs. legal representati~ea, successors and essigtu, hereby coven- anta ana agrees to and with said l~torigagee, his legal reprrsentaLves, succPSSOrs and as+igns: ~ 1. To pay all and singulat the principal and intereat and the various and sundry sums o[ money payable by vlrtue of said pmmis9ory note. and t1~ mortgage, each and every, prompUy on the daya resPecUvely the same severaAy become due. 2. To pay all and ~ingular the taxes, as.9es~ments, te~ies, liabiliiies, obliRations and incumbranlacedj le~ie~d nature and kind now on said descnbed property, and or that hereafter may De imposed. sut[ered, p or assessed thereupon, and~or ihat hereafter may De lr~~ed or ~~~cved upon this morigage and%or the indebted- ness secured hereby, each and eren, ~rhen due and payable ac~ordinR to law, before they become delinquent, and before any interest attaches or any penalty ~s n:curred: and in so far as any thereof is ot record the same shatl be prom~tly satisfied and discha sed of reconi and the onk~nal o[ficial document I~uch as, for i~utance, ilte tax receipt or the satisfaction pa[?er off~cially emiorsed or certiiie~l~ ~hall be placed in the hands ot said Mortgagee within ten days next atter payment; and in the e~•ent that any thereot is not so paid, satisfied and discharged, said 1liortgagee may at any lime pay lhe ssrne or any part thereo[ v?ithout wai~Zng or affecting any option, lien, equity or right under or b~ ~'~rtuP of th:s mort~age, and the fut' smount of each and everq such payment shall be immediately due and ~~aysb;e and shall bear in!erest from the c7xte thereof until paid at the rate o[ ten per c~ntuin per annum an~i t..ge:hor x-eth such interest ahall be secured by the lien of thie mortgage. S. To place and continuously keFp on the bu,ldmrs non or hereafter aituate on said land Cre and vrindstorm inaurance in the aQual standard policy form, in a ~um not less thsin S ~n such com- pany or comp^n:rs as may be approt•ed by ~a:~1 ~for'~~~~~e: xn•i :?11 such insunnce policiev on any ot aaid build- ings, any interest therein or part thereot, in the a~~recaie sum aforPSaid or ~n excess thereot, ~hall contain the usual standard mc?rt~agee claase mak~n~ t1~e l~~~s ur.:i~r aaid policies, each and even, payable to said Diortga- gee as his interest may appear, and each a::ll P~'P:}• s~n~h ~1~c3 ahall be promptly deli~ered to and heid by said Mortgagee: and, not less than ten days in ad~anre of the eapiration of each policy, to deliver to sa?id biortRa~ee a rene~val thereof, tot~ether vrith a receipt fnr thP prPmium ~f ~i~h r~newal: and there ahall be no such insur- ance placed on any of ~aid buildinRs, any inirrest therein o~ p:+rt thereoablr u der such t~ II a~odr i?ol cies said payable as aforesaid; and in the e~~Pnt any sum ot m~~ney become~ pay P° Y Mort#;a~ee shall ha~•e the opti~~n to recetive and appl} tre camP on arcount ot the indebtedness secured hereby or to ~rmit sa:d ~tort~a~or to mceiv.• and ~ise :t or an~ ~rart thereot for other purpoae~ without thereby wais~ing or impairing any equity. lien or ri~ht under or by ~irtue of tt~~s mortgage: and in the e~ent said MortgaKor shall tor any masoa fail to keep the ~aid pr•~m?srs so in~umd, or fail to ddlver promptly an~ of said poLcie~ of fnsurance to sa~d Atort~~ee. or fail prompUp to p~~ tnlly any premium therefur, or in any respect faU to per- torm. diachar~e, execute. etfect, completP. comply .~ith and abi~fe bp thi~ co~enant, or ar.~ part hereof, said 1ltortg- agee may place and pa~ for such in4urance or nny part therenf withnut v~ai~ing or af[ecting any opti~n. liPn, equity or riRht under or b~ ~•irtue of this mort~a~e. anJ thc full amount of each and e:~Pry ~ch psyment shall be immedialely due and pa~able and shall bear intPrest trom the date thernaf untll paid at the rate ot ten per centum per snnum wnd toRether with such fnteresi ahall be secured by the lien of thfs mortgaRe_ 4. To perml~ commit or ~utfer no Kaste, tmpairment or deterloration ot satd prnperty or anY Pert thereot. 6. To pay all and singular the co,.s, charRea and expenses. including reasonable law~ye~s feea and cost of abstracts ot title, fncurred or paid at any ttme by sald Mortgagee bece~e and~or fn the event ot Lhe tallure on the part ot the said Mort~or to duly, promptly and ttilly pertorm, dischar8e, e~cecute, effect, complete. comply wiN and ebtde by each and ev~rq the sUpulation~, agreements. condittons and oovenants of aaid promi~- sory note. and this mort~e, any or either, and ~aid costs, charges and exP~nses. each and ~~ery. ahall be im- mediately due and payabte, whether or not there be nottce, demand, attempt to rnllect or ~uit pending: and tAe h~ll amount ot each and every such ps~~nent ahall bear interest trom the dste ttureot unW paid at the rate oi ten per centum per annum: and all sald coeta, chargea snd ezp~n~e~ ~0 lncarred or Paid. together wic2i suc6 in- terest, ihall bs secured by the Uen of thls mort8age- - BooK~31 ~2846 - ~ : ~ ~