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Home My WebLink About2570 ~:»:w '~fi~:~'~iw.M.~~~h+~~~~~~'«}~k+~2w'wk'~'~v'~v''h~h+ L ~ S.s.r$~ STUART, Florida. __a'6_ . 19 .~a. ~ FOR VAWE RAECEIVED, the undersigned, jointly and severally, PROMISE TO PAY to the ord~e?~ohf ' 1 ..__J~ens+e~-.Hea~cu--8~nk-,---a--Flori.da-.bsaicins--aosp~osatioa--~----- - _ i• ---~T~~i4--T~IOii~i~L--~-•~--iRd--OO~OO . ~a..~.~.,.,.~..+.r~.....a.y..wDOlLARS, i ;i at ----•~~--BN~Gh~---~lOY'~dt---------- - . _--.or such other place as the holder tti hereof may designate in writing, together with interest from date at the rate of _ 14. . per centum per annum on the ~ unpaid balance until maturity. The said principal and interest shall be due and payable ae tOllOA9: ~ n 'L $201.8b a manth, the ~irst pay~ent t,eing due ooe oeontI~ ~rom 1375 and coatinuing each m~onth th~reafter ~nt21 psid. Thie a of i~ ~a~1.K~ ~Id each ~?onth s`.:a].1 first be cre~lited to int~i~t and ttio ~ = r~~ind~r to tbe prinaipal o! thie otrli~atioa. Thi• aoto ~y b~ i, pr~pw~d in lull or in part at aay tine without p~aslty. ~ •i• ~ y, ~t i. If del~ult b~ m~ ~d ~lV d~ys in tlk paymMt of ~ny io~t~lhn~nl of pintfpal or inNr~~l or any oar~ ihereof, rbs whole wm t?en re~ra+n.~.y cnpaid with ntereat al+all at Aoldei s opnpn b~com~ d~e ~nd p~y~bb witAout notic~. F~~Ivr• to uerus~ s~ch oanon iRal1 r,e~ consy ty~ a wa~~c. of the +.ah~ • •j ro uerua~ Me s+m~ in th~ ~wnt of ~4bSlQ:lMt delwh. Alrer maturity Eoth principal and accrwd mt~rest sh~ll bear intereif a~ jp per cenr„m ptr an.,,,m • unr~l paid. TM mskers ~nd endors~n ot this note fu~tl~er w~1v~ dem~nd, notic~ of non-p~yment ~nd proreu. If this nore ia nor pa~d at mar.r~ty ~nd +Ae ~ame ~s • •i o~+c~d w~th ~n attormy for colNctian, tM rrytNS ~nd endw~a I+Meof ~qrN to p~y ~11 cosq ot coll~ction, includ~np a11 court costs and resson~ble attorney fees. • ' ~ „ _ Q ~ - (SEAL) ' . . , . . J . - . t~f~.B~l~------------ - - _ • : ~-j : OUCUMEl~tARl'~- :,,.~S~i~~~' TAX ~ < . . _ . . _ ~ _ UEPt. Of REY~YUi 1 = ~ ~ u~. _ ~ _..~R;. ~~~~:i - ~ ` ~j ~ _ _ (~EAI) P.B. - APR I 6'lS .i- • ~ ° : 1 L 5 { :~ti«:~{• :~'».'..'...s.;»:»:»:• } : . ; c~ -111~~ ...f and shall duly, promptly and fully per[orm, d~scharge, exrcut~. effert, cumplet~, ~r~mply w~th and abide by each and every the stipclations, agreements, rond~G~ns and covenants uE s:ud prusn~saory note and ot Lhis mortgage. then this mortgage and the estate hereby cmated shall cease and be nuU ancf ~•oid. It ~s understood that each o[ the ~~ords. "note," "mortRagor" nnd "mort~a~ee" respecti~~ely and the pron- ouns referring thereto, w•hether in the sinRular ar plural any~here in thls mortgage, shall be singulat if one only and shall be plural jointly and se~•eralh•, if mure ihan one, xnd sh:ill bc ma4culine, feminine and!or neuter, v~het- e~~er the context so implies or admits. And said Mortgagor for himseff and his heirs, legal representati~es, succe.4sors and assigns, hereby coven- an[s ana agrees to and w-ith said 1?iortgagce, his Iegal representat~ves, succe :vsors and assigns: 1. To pay all and singular the principal and interest and Lhe various and sundry sums ol money payable by virtue of said promissory note, and thia mortgage, each and every, promptly on the days respectively the same neverally become due. , 2. To pay all and sinf;ular the taxes, asses.~ments, levies, liabilities, obli~ations and incumbrances o[ every nature and kind no« on said described property, nnd: or [hat hereafter may be imposed, suffered, placed, levied or assessed thereupon, and.~or that hernafter may bN I~~~~ied or assrsse~i upon this mortgage and!or the indebted- ness secured hereby, each and e~•ery, K•hen due and r~ayable ac~•ordin~ to law, be[ore they become delinquent, and befare anv interest attaches or an~ penalty is ~ncurred; and ~n ao far a9 xny~ thereof is of record the same shall be prompily satisfied and dischar~ed oP record and the nn~;inal off~cial document (such as, tor instance. the tax receipt er the satisfact:on parer of[icially en~fory~ d or certifi~d ~ shaA be placed 1n the hands of said ~ Dtortgagee ~t~thin ten davs next after payment; and in the e~•ent that any thereof is not so paid, satisfied and discharged, said 1?tortgagee may at any time pay the s:in?e or any part therenf w•ithout wai~-ing or affecting any optien, lien, equity or nglii under or b~• ~~irtrir of tht5 mort~a~e, xnd the tull amount of each and e~ery such payment shall be immediately due and s~a~ab.e :~nd shatl benr intcr~st from the ~ate thereof until paid at the rate o! ten per c~•nturn per annum ..nd G~~;elhr~ ~vith such intere~t shall be secured by the lien of thia mortgage. S. To place and continuousl}• ke~p on the bu;ldin~s nnw or hereafter sltuate on said Iand fire and ~vindstorm ~ insurance in the usual siandard r~~li~~~ f~rnl, in a ~um n~~t less than a ~aX1IDl1II1 ~n such com- ° pany or comp~ai~~s as ma}- be appr~~~•ed b~~ cai~l :1Tnrrna^~•e: an~1 ~il su~•h insur.in~e policies on nny of said build- ings, any inierest therein or pari thereof, in th~ :s~,r~•p.~,ite sum aforFSaid or in excess thereot, shall contain the usual standard m~rc~agee ~lavse mak~n~ t}:e I~:~s uc~irr slid poLcies. earh and every, payable to ssid btortga- : gee as his in[erest may ~appear, anri c~nch ar.~l t•~•~: s~~~~h pol~cy :~hall be promptly deli~•ered to and held by said ` 1?Iort~agee; and. not less than ten days in arf~an~e of the Pxplration of each policy, to deliver to said blortRa~ee a renewal ihereof. to~ether w•ith a rece~pt f~r thr prPmium nf ~m~h r~newal: and there shall be no such insur- ance placed on any of ~aid buildin~s, any ~nterest therein or rari thereof, unless in the form and with the loss - payable as aforesaid: and 1n the e~~Pnt any sum c,f mnney becomes QAyAbIP under such policy or polioies said Mort~a~ee shall ha~•e the opti~m to r~~~~ei~•P and :?~plt• the sam~ „n arcoant ot the indebtedness secured hereby or to Fwrmit said :~iort~a~or to r~~ei~•~ nnd use it or an~ ~art ther~ot for other parjwses without thereby wai~~ng or impairing anp equity. lien or ri~ht under ~~r by ~•irtue of this mortgage; and in the e~~ent said 2?iortga~or shall tor any reason fai! tn keFp the sa~d pr?m:c~•s s~ in~ur~d, or fail to dellver prompUy an~ of said {x~licies of " - insurance to said :1lortqa~:t•e, or fail promptt~ tn p~~~ fiilly an}• premium therefor, or in any respect fail to per- ; form, d~schar~e, exc~u,e. ~ffect, completP, comply «~th and abi~fe bv this ~o~•enant, or an}• part hereof, said Atortg- = a~eP may plac~ an~1 pap for snch inaurance o~ an}~ part thPreof ~vithoui kai~ing or affectin~; any option. liPn, equity or ri~ht under or b}• ~•irtue of this mort~;a~;c. an~f th~• full amount of each and every such pa}•ment shall be immediately dae and pa}•at+le and shall bear intPrest from ihe date ther~of untfl paid at the rate of ten per ~ centum per annum and logethrr with such lnterest shall be secured by the lien ot thla mortga~e. ~ 4. To permlt, commit or suffcr no ~~•a.vte, imFairment or deterioration of said property or any part thereot. ~ 6. To pay nll and sin~ular the costs, char~es and expenses, including reasonable laK~er'a fees and cost of : abstracts o[ tiUe, fncurred or paid at any time by a;~ld 1liortga~ee because andior in the event of ihe fallure ~ on the part o[ the said btortgaRor to duly, promptly and tully perforrn, ~ischarge, eaecute, eftect, complete. ; comply with and abide by each and every the sUpulations, agreements. condition~ and covenants of sa~d promis• eory note, and thi~ mortRa~e, any or either, and 9R1d rnsts, charges and e~cpeneea, each and every, ahall be Im- mediately due nnd payable, whether or not there be notice, d~mnnd, attempt to collect or ault pendin~: and the full amount of each and every such pavment shnll bear intere9t [rom the date thereoi until pald at the rate oi ~ ten per centum per annum: and al! sald co~te, chargea end expenses eo Incurred o~ pald, together with auch !a- _ tere~t, sha11 be eecured Dy the Ifen ot thla mortgage. Bao~ 384 PacE213S - _ ~ ~ eo~K 238 P~~E 2564 ~ ~ . { ~~r~~ . ~ ~ ~ i~ _ , " ~ ~ ~ ~ ~ ~ ~ : ~ _ ,L , _ .