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HomeMy WebLinkAbout1777 ~ s---~a-• STUART, Florids, 19.__~S -U86:fl9----- , FOR V~?WE RKEIVED, the undersigned, jointly end severally, PROMISE TO PAY to the order of___.___________ _ ~-----J - _i~---Fli~~~---2a~?Aic~ag--Ca~{aO,Fat3oa--------- -----------------...---------------•-n--~----,--w--e-!-- ~t~Aaaw.J~sawwaa~w.waawaetM~ssr.~t aa~e.w1R. WllM~c.7~ y~ at ---~opg~~Bt~.T--•{~i,.~--- ----_------•-------------------------..__._or such other place as the holder y; hereof may designate in writing, together with interest from date at the ~ate of _._9._____ per centu~ pe~ annum on the unpaid balance until meturity. The said pri~cipal and interest shall be due and payable it1 qultrtOPly inetallments oi ~751.80, due every three montl~s commencing three soothe irom date hereot, and continuiug until fully paid. This swa of $?51.80 paid each quarter shall iiret be credited to interest aad the remalnder to the principal of thie obligation. This no#e may be prepaid in whole or in part at aby time pithout peoalty. i. It de/wh ~~nad~ (W d~~n in MN WY~M of NW ~rohNm~nt d pietip~I p inMtKt e~ ~nY pqt tF.~rwf. tM whol~ svm rhM r~~nsinirp urp~id wirA ~nnnst sha11 ae Aolda'~ ~a+ E~co~ dw snd p~r~bb wiNwul na~cs. fNlw~ ro~¦~ra» aucA option sMli oo+ consrir • wa~re. o~ rM M ~ yy 9 L ro ~aNC~w tM sarM ~n Mr ~v~nt of t d~fwlt. Afnr nuwrify boM prine~p~l ~nd ~eerwd inb?qt ahall b~ar in?N~sf at e~newn pK ~en„m ; = um.l pa~d. TM nwk~rs ~nd ~ndasen of tl?is na~ fwthM w~iw d~msntl. nwia ef non~paywwnt ~nd protN?. If rh~~ nor~ ~s not wiQ a m~twiey and tM s~ pl~cW witA ~n ~norn~y fw co1Nc?ian. t!~ n~akwt ~nd ~ndoran Iwwf prN to P~y all ewb oF oolbction, uKlud~np ~II cowt cwn and rasa»blt anom~y fea. =j-- - (SEAL) . Bernard x'. ~isco ~ ~ (SEAI) S - , j,ti fifi{~O and shall duly, promptly and [ully pertorm, dl~charge, execute, effect, completP, ~omply w~tA and abide by each and everv the stipulations, agreemenes, conditions and covenante ot sxid prom~ssory note snd of Lhis mortgage, then this mortgage and the eatate hereby created shall cease and be null ana toid. It is nnderatood that each ot the wor~ie, "note." "mortgagor" and "mortgagee" respectively and the pmn• ouns referring thereto, whether in the aingular or plural anywhere in thla morigage, ahall be aingular ff one only and shalt be plural joinUy and severally, it more than one, and shall be masculine, feminine and/or neuter. wher- ever the oontext ao impliea or admits. And aald Mortgagor for hlmaelt and his heiro, legal representativee~ auccessore and assigns, hereby coven- snts ana agree9 to and with satd Mortgagee. his legal representativea, successors and as~igne: 1. To pay all and singular the principal and intereat and the varlous a.id ~undry aums o[ money payable by virtue o! said promiasory aote, and this mortgage. each and every, pmmpUy on the daya re~pecUvely the same eeveraDy become due. 2. To pay all and singular the taxes, essessments, levfea, liabilities, obllRation~ and fncumbrancea of every nature and kind novv on said described property, and/or that hereaiter may be imposed, auttered. placed, levied or asaesaed thereupon, and/or that hereatter may be levied or assesaed upon this mortgage and/or the indebted- 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 as any thereof ia ot record the sams ` shall be pn~mpUy satisfied and discharged ot record and the original ofticlal document (auch as, for ii~stance, ; ~ ihe tax receipt or the satisfaction paper ofticially endorsed or certified? shall be placed fn the hand~ of aald ~ j Mortgagee wZthin ten days next after payment: and In the event that any thereo[ is not ao paid, aatisfied and ` i discharged, said 1liortgagee may at any time pay the same or any part thereot v~~ihout wai~~ng or afiecting ' I any opti~n, lien, equity or right under or b~• ~•irtuP ot this mortgage, and the full amount oi each and everq ~ euch payment shall be immediately due and payable and ahal! bear internst from the date thereof until paid ~ at the rate ot ten per centum per ttnr?um and to~ether wilh such interest ahall be secured by the lien of thie ~ mortgage. - 8. To- place and conUnuously keep on the buildin;,s now or hereafter aituate on ~aid land flre and windstoria € Ma,X~n1t1ID ~ ir?surance in the usuat standard policy form, in a sum not less than S-. 1n such com- ~ pany or comp^~ics as may be approved by sai~l l?lurtfia~ce: and aq such insurance policiea on any of aaid build- ings, any interest therein or part thereof, in the a~~reRate sum atoreaaid or in excess thereof. shall contain the usual standard mortRagee clause makinA the l~~~s ur.d~r sa~d policie~, each and every, payable to said I?iortgar gee as hia interest may appear, and each and e~•ery sw•h policy shall be promp;ly deli~eted to and held by said Mortgagee: and, not les~ than ten days in ad~•an~e of the expiration ol each policy, to deliver to said biortga~;ee a renewal thereof. toRether with a receipt Inr thP premium ot snoh renewal; and there shall be no auch inaur- ance placed on any of said buildinR~, any interest therein or part thereof, unles~ in the form snd with the loss - payable aa atoresaid; and in the e~•ent any aum of money become~ payable under s~ich polfcy or polieiea said MortRa~ee shall ha~•e the option to receive and apply the same on account ot the indebtedness secured hereby or ~ to permit said Morigagor to recelve and use it or any part thereot for other purpose~ without thereby waiving m or impairing any equfty, lten or riRht under or by virtue of ihi9 mortgage; and in the event eaid Mortgagor ahall ~ for any reaso~ tnil to keep the said premiees so insumd, or fail to deUver prompUy any ot said policie9 of insurance to sald 1?S~rtgaRee, or tail promptly to pay tnlly any premium therefor. or in any respect fail to per- torm. dil+charge, execute, e[tect, complete, comply ~vith and abide by thia covenant. or any part hereof, aeid Mortg- ry agee may place and pay for such insurance or any part thereot without WAIVIJIg or affecting any option, lien, ~ equity or right under or by virtue uf this mortgage, and the full aqno~~nt ot each and every euch payment shall be fmmed3ately due and payable and ahall bear intorest from the date thereof unttl paid at the rate ot ten per ~ ~ centum per annum and together wtth auch interest ahall be secured by the llen of Ws mortgage. g 4. To permlt, commit or s~~ffer no Kaate, impairment or deterioratlon ot aald property or any part thereof. ~ 6. To pay a11 and singulnr the cwts, chargea snd expenaes, lncluding neaonable lawyer's fees and cost ot " abstracts ot tiUe, fncurred or pald at any time by aaid Mortgngee because and!or fn the event of the tallure ~ on the part ot the said Mortgagor to duly, promptly and Nlly pertorrn. dlscharge, execute, ettect, complets. ~ rnmplq with and abide by each and every the ~Upulations, agreemente, condiUons and covenanta ot aaid promis- ~ wry note, and thia mortgage, any or e[ther, and sald costs, charges and espensee, each and every, ahall be im- mediately due and payable, whether or not there be notice, demand, attempt to collect or ault pending• and ths full amount of each and every such payment ahall bear interest from the date thenot unttl pald ~t the rate ot ~ LEA psr centum per annum• and all safd coeb, charqes ~nd espeass~ w tncun~ed or pa1d. Wgether wlth iucD in- terdt, ~hW be iecured by the lfen of this morigage. ~ ~ BOOK ~4~ PAG[ ~7~ ~ ~ s , ~ _ - ~ y~~, ~ ~-w~~~. } _ ~ _ _ I ~ ~ _ ~~-'~-f _ ' g _ _