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Home My WebLink About2903 ~ Y STUART, Florida, -------.--._i._-----Y 19?.5... t ~ s--...z~_iQQ9,49 _ 9 Ma _ • FOR VAWE RKEIVEO, the undersigned, jointly and severaily, PROMISE TO PAY to the orde~ of.___________._ ~ ------~g Q N r~a[`H -B~bs,-,-,,~q?-__F1or-ida._ba,uki~g-.-cor-posi4tioa---------------------------------- ~ . ---°-~~~~~FB~YYaiiiKKi--~ii+~M-i~WF~iaiv-W`R'Rsawaw~aws~waawrws?wwiws~~wwaa~.,~oar+~ra~ww. _ . ~~~RS~ at ..Za~~$o~sq-~----~~-i~l-._-- ----._...----------•---.--_---------------~or such other place as the holder ~ hereof may designate in writing, together with interest from date at the rote of per centum pe~ an~um on the unpaid balance until maturity. The said principal and interest shall be due and payable as fo110'1?A 2 ~ ~ $309.9? a moath, the iirst payment beiug due ona nooth from ~/If Z-- ! 1975 and continuing !or each month thereaiter until paid. This sut o~ ~ $309.97 paid each ~nth ehall ~irat be credited to interest and th~ ! rentinder to the principal oi this obligation. Thia note may be pre- ~ paid in Mhole or in psrt at any ti~e without penalty. i ~ • If deiwit be mad~ ta ~Q dM in tM wrm~nt o1 aiw imb~nl of Or~ncip~l a inlK~at w N+v D+~ Nwwf, ~M whob w~n ~hen ~~ma~ninq : ; unp~id wE~A inanst shall at AoidK'~ op rion paonr dw ~nd p~y~bM wiN~w? noeiq. FMlun w uNCiw wd~ ophon aAall nor consrie~,» • wa+ver ot tM r~yAt ~ ~ ~~o •anciH tM ss~ne in fM ~wnt o1 s~bap:,~nt d~fwlt. Afn. nururi~y poM pincip~l am! acau~d ine~nst shall E~ar innreit s~ _ln pM CMfiJT p~r aonu~n ~ unril paid. 1M ~KS r+d MdwNn o~ th~~ ~wh fwMw w~iw d~. na~c+ of ran~q~~nt ~nd p~ore~1. If Mis non i~ no~ p~id ~~`R~awriry and tM sam~ is ti ; placrd wiM ~n ~tbre»y for tdNtt~on. 1h~ nwk~n u~d «+dorwn Mnof prs~ lo p~Y dl cotM oi aoll~ctfon, includinq ~li towt cosn and rta~onabb Ntaney lees. _ - (SEAI) ~trederick ~augt _ ~ ,f . . (SEAI) ~ . - ~ ~ - ~ ~ ~ ~ ~ ~ and ahal! duly, pmmptly and fuliy perLorm, d~scharge, execute, effect, completr, romply wtth and abide by each ~ and everv the stipulations, agreements, condition~ and covenants of said prumissory note and of this mortgage. ~ then this mortgage and the eatate hereby created shall cease and be nWl ancl ~~oid. ~ It ia understood that each of the wonie. "note," "mortgagoY' and "mortgagee' respectivety and the pron- ouns retemng thereto. whether in the singular or plural anywhere 1n thtn mortgage, shall be eingular it one only ~ and shall be plurnl jointly and aeverally, it more than one, and shall be masculine, feminine and/or neuter. wher- ever the oontext ao implies or admits. # And said Mortgagor tor himaelL and his heirs, legal representativea, ~uccessors and esslgne. hereby coven- ante anu agree~ to and with aaid Morlgagee. hia legal representatives, successors and assigns: l. To gay sll and aingular the principal and interest and the varioue aad aundry aums of money payable by virtue of satd pmmiseory note. and this mortgage, each arld every~ pmmptly -on the daya respecttvely the sam~ severally become due. ~ , 2. To pay all aad singvlar the txxea, assessments, levie~, ItaDiiities, obliRationa and incumbrance~ of every ~ nature and kind now on said described properly, and/or that hereafter may be impoaed, euffered, placed, tevied or assesaed thereupon, and/or that hereafter may be levied or assessed upon this mortgage and/or the indebted- i ness secured hereby, each and every, when due and payable according to law, betore they become delinquent~ ~ , and before any interest attaches or any penalty is incurred; and in so far aa any thereof i~ of record the same ~ ' ahall be prompUy satisfied and discharged of record and the or+ginal o[ticial document ~auch as, toc inatance. ( :he tax receipt or the satistaclion paper officially endorsed or certitied) ahall be placed tn the hand~ of ~sid ! Mortgagee within ten days next after payment; and 1n the event that any thereot is not ~o paid, satisfied and ~ dlscharged, said Biortgagee may at any time pay the same or any part thereot vrithout wai~zng or atfecting any option, lien, equity or right under or b~• ~irtue of this mortgage, and the full amount o[ each and every ~ such payment shall be immediately due and {~ayable and shall bear inlerest from the date thertof untll paid ~ at the rate of ten per centum per annum and together wilh such interest shall be 9ecured by the lien of this mortgage. ~ 3. To place and continuously keep on the buildin~s now or hereafter aftuate on said land fire and windstorm • - . Maximum ~ iP~iiiafi~r ii~ iiiC u.uai a~uuaau ~w~.i y~u~ u., au a awu ...,a .ca~ aa.a.. ~ pany or comp^nies as may be approved by sai~l I?Iort~a~ce: an~i nll such insurance policies on any of ~a3d build- : ings, any intereat therein or part ihereof, in the a~~regate aum aforesaid or in excess thereof, shall contain the usual standaM mort~agee clause makinq the luxs ur.d~r said policie9, each and every, payable to said Mortga- ~ ~ gee as his intereat may appear, and ench ar.d e~•ery su~•h policy shall be promptly delivered to and held by esid } l~iortgagee; and, not less than ten days in ad~•an~e of the expiration of each policy, to deliver to sntd I?tortgagee ~ ~ a rene~val thereof, tol~ether with a receipt f~r thP premium ~f Pt~rh r~newal• and there ahall be no auch insur- ~ s ance placed on any of sald buildinR~, any interest therein or part thereof, unle+~ in the form and wfth the loas- ~ ~ payable aa atoresai~ and in the e~•ent nny sum of money becomea payeble under ~uch pollcy or -policiea said MortRagee shall1~a~~e the option to receive and apply the same on account ot the indebtedness secured hereby or ; to permlt said ~~b~tRagor to recelre and uae it or any pwrt thereot for other purposes without thereby waiving ~ or impairing any equity, lien or riRht under or by virtue ot thia mortgage; and in the event said Mortgagor ahall ` ~ for any reaso~ tail to keep the said premi~es so fnsur~d, or [ail to dellver promptly any ot a~?id policie~ o! lnsurance to sa~d 1ltortga~ee, or fail prompUy to pay fnlly any premium therefor, or in any reapect tsil to per- ` ~ torm, discherge, execute, etfec~ complete, comply with and ebide by thia covenant, or any part hereot, asid Mortg- sgee may place and pay tor euch insurance or any part thereof without waiving or atfectlng any option, lien, ~ equity or right under or by virtue of thia mortgage, and the fuU amount of each and every such payment ahaU be lmmediately due and payable end ahall bear intPrest trom the date thtreot untll paid at the rate ot ten per ~ centum ptr annum and together with auch fnterest ahall be eecured by the Ilen oi thls mortgsge. ~ 4. To permlt, commit or sutter no waete, impai:ment or deterloratlon ot said property or any part thereot. 6. To pay aU and aingular the coats, chargea and expenxs, including reasonable Lawyee'~ fees and cost o! ~ abatracts ot tlUe, fncurred or paid at any tlme by satd Mortgagee becsuse and/or in the event ot the fallure ~ on the part ot the said Mortgagor to duly, promptly and fully perform. dlscharge, execute. ettec~ complets. ~ comply with and abtde by each and every the stlpulattona, agreements, condiUons and covenante of eaid promfs- ~ ~ory note. and this mort~e, any or efther, and ~xid co~ts. charges and espenses, each and every, ahsll be Im- ~ mediately due and payable, whether or not tliere be notice, demand, attempt to collect or ault pending: and ths ~ !Wl amount of each and every auch psyment shall bear interest trom ths date thereof untU pald st the rste oi t ~ ten per centum per aru~um• and all snfd coats, chnrge~ ~nd e~cpno~s~ w lncureed ot pald, iogether with sucb !n• € terea~ ~hall Ds eecured by ths Iten oi Ws mortgage. ~ ~ BOOK~?J9 PAGE~~~ ~ . , ~ - f~ ~ A ,+?3~.~ ~~i,~..~~~: .v ~1 . . _ . 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