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HomeMy WebLinkAbout0727 : ~~~~~~P ~ . . . STUART, Florida. - - ~ - . . _ ~ FOR E RECEI~V~E.Di th_ e~ndersianP~1 ~o~ntlv a?+~ cevP•aily, PROMISE TO PAY to the order of _ . tiHNK • - - - - • - - • - - - : - DOLLARS, a. - - . - - _ - - - _ _ at Jensen Beac Flo~~d _ or such er place as the holder - hereof may des~gnate in wn together with interest from date at the rate of 1~ r centum per annum on the ~ unpaid balance until maturity. said principal and interest shall be due and pa e ~ In 60 (sixty) equa thly installments S (Dollars) _ includi.~g interest. ~ ; The lst payment shall be due (Date) ~ This note may be preta ' at any time w t penalty. If de/~ulr bc ~~d~ (w 10 d~w ~n par~+~e~+~ ot ~nY insbllm~nt of p.in~~p~l o~ ~ o~ ~ny p~rr Mereoi, ~A~ wAol~ su~n ~hM r~entin.e~p t .~npa~d ~w~r4 ~nreretr s~~ll ar haidli s opr~pn ~co ~t an0 Pq~bN witApYt no~ic~. F~~1•~r~ ~o e.etoH t OpLM sFa1t npf c ~,~t~ a wa~vlr o~ th~ nqAt .o e¦uase ~M s~+~e ~ Me ~~~nt o1 w~seq.,enr ~ui~. Ahe. '*~rw~ry boM p.~nupal ~nd ~urwd ~nurnt sMl r~nraesr p~. ca+?vm pe~ u+.~o~n :~a~ pa,d. ih~ ma?ers u+d endoners of ~n, re I~.~~e~ ~raw~ dem~nd. no~~c~ of non-par~~ aed aores?. 1/ ~hy r~ ~s eof p~w ~r m~tunt~ ~nd tM s~err is otK~d w~M an •rrorn~y fa cotlKt~oo. ~h t~r~ and ~ndo*serf ?weof prN to pay ~11 cwn of colt~ct~on. ~nclud~np • cosb and n~aoerbN •~torn~y fe~. if ony paymenr ,c po~d more tho~ doYS afeer due ~hen. M odd,t~an tc so~d payn+enr, rne moter shoi~ poy o LATE RGE of 5?~ of tht poym~nt due er SS.00. wh~chc.lr K~KS. Th~ ovniof7 sMl! nCl p! ConSfrulO fo mOd~fy ~h! defoutt prov~s~ons htrl~r o~ tht ~nflrlSf Oftp df}OUlf. ~ 1, ; C O P Y SEAL)G . . •t =r'.h?a+'h~ :hhk'».titititiSfi~.'~tiwti-.'M}ti hW~~ti-ti~?fiv'...:{.,}tiMhk 'wKh~+ti'w.h~ti'~MWtiuri-ti-ti-~ti~:~v~.~h'~tir.K ~ and shall duly, promptly and full~~ pertorm, di~rharRe, executr. efte~~t, com~let~, .-nmply w~th and abide by each and e~-erv the st~pulations, agre~mrnts, cond?tions and covenants uf 9aid prum~s~ory note and of thia mortgage. then ttti~ mortRage and the estate hereby created shzll cease and Ge null ana ~•oui. It understood that each of the KOi~l9. ~~note." "mortRagor' end "mortRaRee" rcspectively and the pron- ouns re(ernng there[o, whether in the sinRuls~ ~r plura) anywhere in thls rnortgage, ~hall be aingular it one only and ~hall De plural jointly and se~•Pratl~, mure than one, and sh:tll be ~nxsculine, feminine and/or neuter. wher- ever the context ao impliea or admlt9. Md sald Mortgagor tor him~elt and !us heirs, tegal representati~e~, aucce9sor~ and asaigns, henDy coven- anta sna agrees to and with aaid Mortgagee, his legxl reptesentatives, succes~on and assigns: ' . , l_ To pay all and ~ingular the principsl and intereat ~nd the varioua and sundry sums of money payaDle br ~ virtue of aaid promiaaory note, and ttus mortgage, each and every, pmmptly on the daya respectively th~ um~ ~ 1 aeverally become due. - i 2. To pay all and a~ngular the taxes, ~ssessments, levic~, liabil~ties, obl~~ation~ and incumbrances ot every £ nnture and kind now on said described property, and •~r that hereafter may be imposed, autfered, placed, levied ~~I or assessed thereupon, and~ or that hereafter may be lr~•~rJ or ~~g~•~ve~f upon this mortgaRe and/or the indebted- f ness socured hereby, each and e~•erv, w•hen due and {~ayable nccerd~n~ to law, before tAey become deLnquen~ and before any mterest attaches or any penalty is u~currr~i; and ~n so far aa any thereot ia ot record the sam~ 4 shall be prompUy sa:isfied and d~schar~ed ot record and the on~inal ofGcial document (auch aa, tor L~s[ance. € Lhe tax receipt or the satistaction paper officially emior3ed or certif~P~1? ~hnll be placed fn the hands ot said titortgagee t~ith~n ten da~s n~xt a[ter raymcnt; and in the e~•ent that any thereof is not ao paid, sati~fied and discharged, said 1ltort~a~ee may at any tim~ pay the s:ime or anp part Iherenf ~ithout wai~~ng or affectin~ any option. Lcn, equity or nght undFr or b>• ~~rtu~ of th~s mort~aQ~, and the full amount of each and every such pa~ment shaU bP ~mmediatPly ~lue ami ~~ayable ind sfiaU bear inter~st from the date thereof until paid at the rste of ten per c~nturn per annum and tn~eih~r u~th such ~nterest shall be securM by the lien of thi~ € mortgage. 4 ~ 3. To pla~e and contini~ously ke~p on the bw1J~n~s now or herea?fter aituate on said land fire ~nd windstorfn in~urance in the u~ual siandard pnli~y t~rm, in a Qiim n~t le~ thnn ep~acitied by Fbrida 18W...., 1n auch Com- pany or comp^ai~•s as may be apprr~~~r~3 b} ~ac~l :~tnrt;;~^~~e: ami . II vuch insurnnce policie~ on any ot said build- ings. any irtPre~t therein or {~art thereof, in thP n~cr.~Race sum aforPSaid or ~n exceas thereof, ahall contain th~ usual standar.f mnrt~ag~P rlsuse mak~nQ the 1~:~9 uc~trr sz~d poltcie~, ea~h and every, payable to said btortgs- ~ gee as his ~nterest may appcar, and ~ach ar.~l P~-rr~ cu~ h p~~I~cy ahall be promptly delivered to and held by ~aid ~ 1?iort~agee: and, not less than ten da.s m ad~anre nf the Pxp~rat~~n of each policy, to deliver to safd MortgaRee s rene~.~•al thereof. to~ether w~th a receipt fnr thr prPmmm nt a+~~h r~newRl; and th~re ~hall bc no auch in~ur- ance placed on an~ o[ ~aiA bmldinK~, any ~ntrrest lherr~n or pArt ther~of, unlev~ m the torm and with the los~ ~ pava6le as aforesaid; and ~n the e~•Pnt any sum of money becomes payable under ~uch pollcy or policie~ aaid ~ Mort~;a~ee shall have the opti~~n to rece~~•P and a~ply the cam~ on arcount of the indeb[edness secured hereby or ~ to ~wrmit said tifnrt~a~or to rPreiv~ nn~i u~e it or any part therent for other purpox~ without thereby waiWng ; ~ or impairin~ an~• e~uity. lien or r.~ht under or by ~•irtue of this mortgaRe: and in [he e~ent said MortgaRor ~hall ~ fnr :?nt rrns~s laif t~r kP~~ the sai~t pr•~m;ars sn in~ur~d, or fail to dellver promptly anp ot said policie~ ot ~ = insurancP to sa~d 1inr±~aRre. or t~l promptly to t~~lty v?y premium therefor, or m any rea}xct fall lo per- ; 4 _ form. ri~.rhar~e, execi~Le, ~f[e~t. compleiP, compty ~~~th and ah~de by thia co~•enant, or any part hereof, aaid Mortg- ' nReP may place anA pay fnr such in~uran:e or wny part thPrPnf withnui Kaiving or atfectinq any option, li~n, ~ equity or r.Qht under or by ~•,rtue of this mort~aRe, and th~ full smoimt of eaoh and every such psyment ~hall ~ be Immediately duP and pa~•able nnd shnll bPar intPrest from the date ther~M untfl paid at the rate o[ ten per centum per annum and taReth~r with such fnterest ahall be eecured by the lien o[ thii mortga~e. ~ 4. To permlt. commit ~r ~uf[er no u•a~te. ~mrairment o~ deterioration ot sald property or any part thereof. ~ b. To pay nll and sin~ular the covts, char~e~ and expen~es, includinq reasonaDle lswyer'~ tees and cost of ~ abstracta ot title, fncurred or paid at any tlme by sald I?tortgaRee because and~or fn ihe event ot the fallur~ ~ on the part of the snid Mort~a~or to duly, promptly and fully perform, dlscharge, execute, ettect, complets, comply W.7th and abtde by cach and evPry the stlpulation~, agreements. conditlons~ and covenanta of eaid promis- ~ sory note, and this mortRage, any or elther, und ~nid coats, charge~ and e~penses, each and every, ahall be Im- mediately due and payaDle, whether or not there be notice, demund. ~ttempt to rnllect or suit pending: and th~ ~ !Ull amount o[ each and every such pavment shall bear intere~t trom the date thereot unt11 pald st the rste o! ~ ten per centum per siv~um: and all eald coste, chargei and expenss~ w ~ncurred or pald, together w~1th wcb tn- tereet, ahall be secured by the llen ot thls moKgage. ~ i r ~ E~.~ ~53 f~~ 7,27 ~ ~ ~ ~ ~ , _ ~ - - ~ ~ ~ . - ~ .