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Home My WebLink About0315 • 1 • • ~ _ ~ ~ ~ ~rra ~,e is S ~ ' STUART. Fb. 18.i.~i_ FOR VAl pE EIVE ,~A~ u np~wd, pmtly ~~d ~~Ily. P ISE TO PAY to tM ad~r al • ~~Sd ~r1tC ~fl _ ~"M DOC ~ARS, ~t w wM otlw~ plap ss tM hoida h~r~Of mir d~f~fit~ wnt~. tqpthK wuh ~ntM~st t~om dat at tM ~at~ of _ p~r amtum pN sanum on the uopa~d b~lanct u~t~l mstw~ty Th~ s~d P?u~eiW1 and i~arat shall be dw ad WYsbN as tollows. ~~(li Vk+V ~ A~ l~e~ ~0,000 oa ~sc~mb~r al~t, is'Id. ~~0,000 I~mbu~ al~i 1~'i7 patanci oa D~anber al~t. 1~? or upa~n eo,~~t~ti~n oi thir4y bniidtaq which~wr evee~t lirat occwrt. mt+~net p~ysbl~ qu~ucter~y, tL~ i4~et auch bslr~ du~ thtw t~ m~ l~rom t!M ~ a~rr. e~r.oi. Th~ m.lc~tr. b.reoi r~~sr~r. r co pr~p~ asq, .mounc her.ot cim?a wichout~~,uatq?. . : It dtlaWt W R~t fo~ OayS ~n the payment ot aoy ~~KI~~1~ n ot ~~pC~OJ~ o~ :l~Hl ut any Dart IMrlo~, 1ne wnu~e sum ~nea .ema~n~og i W1piM WAI? ~Ml~lSt SNall il t1dtlM'S OOItOn p~COmf d17R a.w rayanNw~~h Ut ~t ~Ct. Fapyr O ltNC~St S11Cb ~.~phUn Sbill eWl CO~1S~~! a w~~vh OI Ih! nqht lU ~Yl~CIS! lbt Sd~M NI lhf f11lOl O~ SuDSlqUt~1! dtliull. AIIN f~'~tu~rl D tp DnOG il i aCGr Wtl ~nit~tt~ ftl~ll pld~ ~nit~ett ~t PN ClOtUm pH annu~r. unlM pa~d. The make~s ~tW enO~~sers ol tn~s note tu~tht~ wa~~r! de d, not~ o~ n•pa/ment a~tl p~~test. 11 I~~S note ~s nOt Pa~O ~t rtUlu~~ty and tAe sama u Waced WIIA N> >IlOff1ly fU~ C04fCU00, 1n! f~lii~llS dnd fO00 IS hettp~ ~U WY ~USIS l.l C41tNt~DO, toCiuO~f~q a11 CuW! COSH ~fW ~eawnaDle alturney lets. ~ i - i tSEAI.+) ~sEAU ' ~ re - ~ ~seau ~~A~ (SEAI) ~ and ahall duly. prompGy aad tully pedorm. discharge, execute, effect. complcte~, comply w~th and abide by each . and everp the stipulaUons, agreemente. cond~tions and covenants ~f aaid promissory note and o! Lhis mortgage~ then this mortgage and the estat~e Aereby created sha11 ceaae and be null ana void. It is understood that esch ot tb: aronls. ••r.ote:• ..mortgagoY• and ••mortgagee•• respecttvely aad tAe pma- ouns reterring thareto. whether in tt~e singular or plural aaywhere !n this mortgage. shall be singular it one ody and shall bc plursl jointly and severally. it more than one, and shail be masculine, teminine and/or neuter. whe~ ever the oontext so imptia or admits. And said ldortgagor tor himselt and his heirs. legwl repreaentaUves, successo» and assiga~, DereDy ooven. ' ants ana aarees to and with said ldortBaSee. his legal reptesentstives. auccessors snd as~igns: 1. To pay atl and aingular the princi~l and interest and We vuious and wndry sums of aaoney p~ysble b~ . vlrtue oi ~aid pmmiswry aots, aad tLis mortgage. each and ever~?. prompily on the day~ respsctivejy t6e aaaw aeverally become due. ~ Z. To pay all aod sit?gular the t~uces, asseasments, levies. IiabUitiea, obligatlons and incumbr+u~cw ot ever~ I nature and kind now on said described property. euidlor that henafter may be imposed, su[fered. placed. levied ~ or asseaaed thereupon. and/or that hcreafter may be levied or dase~aM upon this mortgage and/or the indebied- ~ neaa securcd hereby. eaah-and every, when due and payable acrnrding to law, be[ore they become deliaquent, ~ ~ and before aay Infereat attachea or any penalty 8s incurred; and in so far as any thereoi is ot record the same • ahall be Urnmptly aatiafied and diacharged o! record und the original official document (auch as. tor instaac~ Lhe tax receipt or the aatisfaction paper ofticially endoreed or certitiedl shall be placed in the handa oi said Mortgagee within ten day~'next atter payment; snd in the event that any thereof is not so paId, sstiafied and , diachuged, said Hortgagee ~nay at any time pay the same or any part thereot withont waiving or aftecting ' any option, llen, equity or right under or by virtue of thi9 mortgage. and the Nll amount ot each and every ~ such payment ahall be lmmediately due and payable and shall bear interest from tht date thereof until paid i at the rate ot ten per centum per annum and together with such interest shall be aecured by the lien of th3s ~ ; ' mO~~C• ~ ---5 To pfaice and~coa~`inuously Tceep ori ~he bu~ainRs now oTTicrea~ei s~Eua~fe on-ssf~7an~ll~relnd' ' ' ~ ~ insurance in the usual standard policy form, fn a sum net less than 5...-----••--•-•-•••-•- such com- pany or comp^nies aa msy be approved by aaid Mortfia~ce: and eil sach insurance polfcie atty of said build- ~ ings. any interest therein or part thereot, in the a~~re~ate aum aforesaid or in exc ereot, shall contain the usual siandard mortgagee clause mak;nq the lo~~ ur.der said policies, each ery, payable to said Mortga. ~ gee as his interest may appear, and each and eeery su~•h policy shall be ptly deiivered to and held by eaid ~ Mortgagee; and, not fes~ than ten days in ad~~an~e o[ the expiration ach policy, to dsUver to satd Mortgages ' a rtnewal thereof, toAether with a receipt for th~ prPmium o . rPnewal• and there shall b~ no such insur- ~ , ance plarxd on any ot •ald buildin~s, any interrst therei part thereot, unle.~ in the form and wlth the ioa~ g payable as atoresaid: and in the e~ent nny aum o q becomes payable ui?der auch pollcy or pc?Ilcies ssid T Mort~agee shall have the opl3on to receive ply the aame on account of the fndebtedneas aecured hereby or ~ ~ to permit said Mortga~[or io recetv. an ft or sny pnrt thereot tor other purposes without thereby wajvfng or impalring sny equity, lien or ri ndet or by virtue of ihi~ mortgage; and in the event said Mortgagor shall for any reason fail to keep id premises so in•urrd, or fail to ~ellver prompUy any ot aald policiea oi ~ inaurance to saia Mort or f~ail promptJy to p~y [ully any premium therefor, or in any sespect ta11 to per- form, diacharge, e e, eftect~ compiete, comply with and abide ty this covenant, or any part hereot. said Mortg- ~ agee may pl nd pay tor euch in~urance or any part thereot without wairing or atfecting any option, lien, equity ght under or by virtue of this mortgage, and the tull amount of each and every such paymsnt shall ~ medfately due a.~d ayable and ahall bear intores: trom the date thereo[ untll pafd at the rate of ten per ~ ~ c~r~t a~mfra~a~s~a~af~str~~~c~~c~attv~~r~as~ratian~tratvnrmaRgxg~----------- 4. To pecml~, commit or autfer no waate. impatrment or deterfqratton of said pmperty or anr p~u~t the~eot. S. To pay all and stngular tAe costs, charges and ex~nses, Inciuding r+ea~oasble lawyer'~ ices and cost of abtracb ot Utle, [ncurrM or pald at any Ume by safd Mortgagee becawe and/or in the event oi the tallur~ ~ on the part ot the safQ Mortgago~ to dulY. Promp:ly and lW1Y PeKorm. dlschar80. ~ecote. efteM. complete. . complr wlth and ablde by each and every the atipulaUoru, agreemenU, conditfons and oovenar~L of said promis- j ~os~? note. a~d this mortgage. any or etther, and aaid cwsts, cliarge~ and e:pen~ea, each snd every. ~hall be Im- i madiately due aad payable, whethcr or not there De notice, deman~, atte~npt to ootlect or suft pending: and th~ iWl atnount ot each an~ every such payment aball bear interrst fron~ ihs date tbes+eo! unW pald at the nte 4t ' ( ten per centuan per annum: ~nd all safd coste. charga and ~zpesnw w incurred or paia W6ether ~rlth such fn- ~ i tesat, sball b~ aecured bp tbe Ilen a! Wa awrtgaas. I ~ I i ' t' ~ 251 ~~4 ~ ~ ~~5~_~r~`~ ?~.z_,~ _ _ t~r'.:~~~:3~_