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Home My WebLink About0224 :~k +?k~'?.+ti+~Yfi~'~~ 5-------?.~-*0,04.Da. STUART, Flo~ida, --DeQeub~ia---- ~~2_....--- 14~{- - FOR VAWE RKEIVED, the undersigned, jointly and severolly, PROMISE TO PAY to the order of__.___. _ ; .i$I~SSI~-B~AC~---BA#~--t---~er#d~--~##eg---co~r~ta~~t~------~------------------------- - -------'~!i#rf--$~-YO--~r~B~f3d---!l1~---~~@~---- DOLIARS. ; at __.__.._or such other lace as the holder -f--:F~r#dit----____ _ - P hereof may designate in wnting, together with interest from date at the rate of .g.____.__ per centum per annum on the ; unpaid balance until maturity. The said pri~cipal and interest shall be due and payable gg fO1>OIYe: k ~859 S7 a aonth, the ~irst paya~eot beiog dw on~ 4onth !rom ~ , ~ lA?~and continuin~ each ~onth ttier~ait~r nntil paid. Thie •u~ ~Z33.5? paid each ~onth shall lirst be'credited to intorsst and the ; reaaind~r to the principal oi this obligation. Ttiis aote a~y be ~ prepaid in whole or in part at any tise •ithout ponalty. ~ ~ ~ ~ : If default b~ en~d~ iw '~Q days in M» wvm~nt of ~nY inshi4nant of plnc~p~l a inhr~st w ~ny p~n ~hereof, ~M whola s+,tn i1+en .cma~~,n9 ti unWid wifh interqt sMll at holdN s op tion b~conN dw ~nd p~v+bl~ wilhoul notic~. Failur~ to uerus~ sutA option. shstl ~ot conseifute • wa~ve. of t?~e r:9M ~o ~aerc~se tM sarne ~n ~M ewnt of subsp~em de~~vl~. AfrN ~~w~ty both princip~l and xuwd in~aM shall btar ~neerest per cenr„m pcr ann;,en until paid. TM m~k~rs ~nd endws~rs of th:s note furtMr wuw d~mand, not:c~ of non~p~ym~nt u+d prote~t. If th~s noee nor p~d at mar,nfy and rhe same is ~ i~ ol~cW with ~n attornty fw cdNctian, tM rn~k~n a~d ~ndorNrs Mraof ~prN to p~y dl cwn of tolbction, includ~ny all cowt cwts uid reason~bN atraney (ces. ~ • ~ - (SEAL) ~ ~ RUSSBI.L E. COX ~ : _ _ (SEAI) ' - : ~.ti+.~'~.k'~+.ti-: +~+}•:w«}i?~+~.+4ti+tik~ ~i ti+ti~.'~s'~..}.,.'?~:»: •:r.'«:~ : and shall duly, promptly and ful~ perform, d~scharge, execute, effect, complet~, ~omply w~th and abide by each and even the stipulations, agreements, cond~tioiis and covenants af sud prum~s~ory note and of Lhi9 mortgage, then thia mor[gage and Lhe estate hereby cceated shall cease and t?e null antl ~•oid. It is understood that each of the words. "note," "mortgagor" and "mortgagee" respectively and the pron- ouna referring thereto, whether in the sini;ular or plural enywhere in thls mortgage, shall be singular if one only and ~ha11 be plural jointly and severally, if more than one, and shall be ~nn.gculine, feminine and!or neuter, wher- ever the context so implies or admits. An3 said Mortgagor for himselt and his heirs, legal representatives, successors and assigns, hereby coven- anL~ ana agrees to and with said biortgagee. his legal representatives, successors and assigns: 1. To pay all and singular the principal and intereat and the various and sundry sums of money payable by vlrtue of said promissory note, and thi~ mortgage. each and every, promptly on the days mspectively the sams eeverally becom~ due. 2. To pay all and singular the trixes, a~ses.cments, levies, liabilities, obti~ations and incumbrances of every nature and kind now on said descnbed property, andior that hereafier may be imposed, suffered, placed, le~~ed ~ or assessed thereupon, and/or Lhat hereafter may be levied or ~cs~ssed upon this mortgage and/or the indebted- ~ ness secured hereby, each and eeery, khen due and payable according to law, before they become delinquent, ~ and before any interest attaches or any penalty is incurred; and in so far as any thereof is o[ record the same I shall be ptvmptly satisfied and discha oed of record and the onR*inal off~cial document lsuch as, for i~?stance, ~ :he tax receipt or the satisfaction paper officially en~forsed or certifiedl shall be placed 1n the hands of said ~ Morigagee w~thin ten days next afier payment; and in the e~•ent that any thereof is not so paid, satisfied and discharged, said I?tortgagee may at any time pay the same or any part thereo[ Hithout wai~~ng or affecting i i any optiDn, lien, equity or right under or by ~~~rtuP of this mort~age, and the full amount of each and every ' ~ such payment sbail be immediately due and payable ~nd shall bear interest from the date thereo[ untit paid ~ at the rate of ten per cPnturn per annum and t~~gether K'1~~1 surh interest 9ha11 be secured by the lien of thia k ItlOiLg3gt. - ; 3. To place and continuously keep on the bu~ldin~s now or heresfter sltuate on said land ~re and windstorm k • ~ insurance in the usual standard poli~y form, in a sum not less than s.. .~~X].mS~ 1n such com- ~ pany or conip^nics as mat be appra~•ed by sa:~l 1for:;;a~~~e: an~i all such insunnce policies on any of said build- = ings, any interest therein or part thereof, in the a~~r~~;ate sum aforPaaid or in excess thereof, ~hall contain the ~ ~ usual standard mort~agee clause makin~ the I„ss ur.drr said poticies, each and every, payable to said Dtoriga- ~ gee a~ his interest may appear, and each a:zd e~•P: s~~~•h pc~licy shaU be promptly delivered to and held by said ~ biortgagee; and, not less than ten days in ad~an~e ot the expiration ot each policy, to deliver to said biortgagee ~ a rene:val thereof, toAether with a receipi f~r ihP premium ~t be~rh r~newal: and there shal! be no such insur- ance placed on any of said buildinRs, any interest therein or part thereot, unles~ in the form and with the losa payable as aforesaid: and in ihe eePnt any sum ot m~~ney becomes payable under such policy or policiea said a Mort~aRee shall ha~•e the option to recei~•e and applp the same on account of the indebiednes~ secured hereby or ~ to permit said ~fort~agor lo receive and u~e it or any pnrt thereot for other purpose~ without thereby waiving or impairing any equity. lien or riRht under or by ~ irtue o[ il~is mortgage: and in the event said MortgaKor shall for any renson f~il to keep the said nremiv~s so in~ur~d, or tail to dellver promptly any of said policies of ' insurance to said I?tortgaQPe. or tail promptly to p~y fully any premium therefor, or ia any respect [sil to per- form, d~schar~e, execute, ef[ect, complete, comply ~~~th and abide by this covenant, or any part hereof, said 1liortg- agee may place and pay tor si~ch insurance or any part thereot without v~aiving or atfecting any option, liPn, equity or right under or by virtue of this mort~age, and thc fu? arpount of each and every euch payment shall be immediaLely due and pa~•able nnd shap bear intPrest from the date thernot untU paid at the rate o[ ten per ' centum per annum and together with such lnterest shall be eecured by the lien ot thia mortgaqe. 4. To permlt, commit or suf[er no c~aste, impairment or deterioration ot aald property or any part thereof. ? 6. To pay aL and ainRular the costs, charges and expenses, including reasonable lawyer'e feea and coat of ; abstracta o[ tiUe, Incurred or pald at any time by said Mortgagee becnuse andlor ln the event of the fallure _ on the part of the said MortgaRor to duly, promptly and fully perform, diecharge, e:ecute, etfect. complete~ comply with and abide by each and every the stlpulation~, agreements, condiUons and oovenants ot said promis- sory note, and thia mortgage, nnq or either, nnd ~ald coste, chargc,~ and e~cpensea, each and every, ahall be fm• s.' mediately due and payable, whether or not there De notice, demnnd, attempt to collect or ault pending: ar?d the °7 full amount of each and every auch payment shail bear interest trom the dats thereof untll pald at the rate ot ; ten per centum per annum: and all eatd coets, charqes and e:pense~ eo lncurred or paid, together with euch !n- „ terest, shW bs securcd by the liea ot Ws mortgage. :t ~ ~ ~ BOOK PAGE 224 ~ ~ ~ . , . . x~