HomeMy WebLinkAbout0731 ~ '~+~hk~~~fiv'~i ~~ti~S~.kti~O~O~tiv~titi~v~~~h~v~+k~~n'~fi~~?~}OS~~?060~
_ . . STUART, Flor~da. 1 ~
.i. FOR E RECEIVE ih_ e 4ndersi~~P~ ~ointlv w~~i ~evP~ally, PROMISE TO PAY to ihe order of
t3ANK
-Y._. . _ . . . -
_ . . _ _ _ _ _ _ . . . _ DOLUIRS,
i~ a! JeY1SeI1 HeaC FlOxxdd or suc er place as the holder
hereof may ciesignate i~ wr together with interest from date at the rate of 1~ er centum per annum on the
; unpaid balance until maturity. said principal and interest shall be due and p e
i
In 60 (sixty) equa thly installment $ (Dollars)
including interest.
i
The lst p3yment shall be due (L~ate)
~
~ This note may be pre~~ ' at any time ut ~lty.
: t/ ye/~„h b~ Tsdi lor I.Q aws +v~*~~~ of ~ny 1n~bl!ment ol w~nc.p~{ or .ne r or ~ny p~.f .hereof. fM who4 ~u~n Men .emair~nq
.,rpa~d v`~t~ •crcrese .^s~~ ~n c~lde~'f epr~oe becc. ~e ana PiWb!~ w~rhout no+.u f~~1~..~• ro •.erc:ti~ oo~~an aha;l npt cq',( a wawN ol *?y rl~Al
~o eae.oti~ ~ne saTe rhe e~~nf o/ ~:.b~eo-~^r r,'+ A~•r Tnw~~y EoM pnnapal end acr~d ~nt~r~s~ s~~ a~~ee~nf af ,LU W~ centu~n p!r ~nn~+e
.s ..I ~a~d. T~~ ma~~ra ~d e.+norsers ef e~~ rc f.,ri~-e. w~~re dem~nd. nof,u of non~p~~ment and p.or~f~. If ~R. re n no~ p~ro ~r m~t~r.ty ~ fh~ ume ~s
fj. c ac~d w~~h ~n ow~~y for tal~cnon. ~n ken ~nd endorsa~ ha~ef ~pre~ t0 p~Y •H co~rs of co{i~cuae, ~nctuo.n~ ~ a.rt costs ~nd r~~ion~bb ~~~an~Y iees.
i tf onv poyme.~! ~s n~,d +*+or! tho~ da~s ofrer d«e rhe.+ ~n o0.9.ncn e~, sad po~ment me mc~e~ ~ho~t poy o LAT ARGE o} 5°~ ol th~ poym~nl du!
.,r 35.00, rh~c~`c.e. is less. Th~ ovis~~'~n sha~~ n~.r pe ;-~mhuen ro r~r,d~!y 1ne oetu~u p•c•nr~ns rere.r ;:r rhe ~ntNtst after defo~tt_ _
i.
j' .
C O P Y SEAL)
.
»
»?tik'h'~fit+v'ti-~?''tiwk ti ~:•~ti-:-.ti.;»}{»}fiti s~: ~k+{~kk'w'».~.'h'~6~~».'w'~:
:«;«y{.{ •:«.«:»}ti
:~:-:~-:M}fi•'».k
and shalt duly, promptly and f~slly p~rform, di~~•har~e, exP~iitr.~e.•f.•:~t. cnm~~f~.~, ~•nmply w~th and sbide by each
and e~~cr~ the stspu:atior.s, ag:e~~rnrnis, condit:u~i9 and ~~ov~~nanis uf v:u~i rru:r~s+~~ry note and ot thta mortgage,
then th~~ mortRage and the estate hereby created sh.?11 cease and Ge null ano ~'o:d.
It understoai that each o[ the K~~rd~, "note," "mortRagor" gnd "mortRagee" respecti~~ely and the protl-
oun~ re[erring thereto, wheiher in !he s~n~siar or plural any~•hrre in th~s mnr,gage, ~hall be a~ngular it one only
and ahall De plural jointly and se~•Prally, ~t m.~re than one, and gli'ill bc mR.vcuhne, feminine and,'or neuter, wher-
ever the context so implies or admits.
And sald Mortgagor tor him~elf and h~s helro, Ie~al representah~•es, successoro and a~signs, henby coven-
anta ana agree~ to and with aaid INortgagee, his legAl rcpresentatives, succes~or9 and as~igna:
l. To pay all and singular the principal and ~nterest and the variou9 and aundry auma ot money p~yable by
virtue of aaid prom~ssory note, and this mortgage, each and every, prompUy on the days reapecUvely ths aam~
aeverally become due.
2. To pay ali and ~m~{ular the taxea. ~cses~ments, lecie~. l~abil~iies, obh~wtion~ and incumbrance~ of every
naWre and kind now on ya~d descr,brd (1~JrPCtV, BRI~ or that hPrcafter may be ~mposed, au[(ered, placed, le~led
j or assessed thereupon, and;or that hereafter m:sy hr 1.•~•:ec! or a.s~~cac~f upun this mor[gaRe and!or the indebted-
ness secured hereby. ea~h and e~•en, w•hen due :.nd payable ac.-erdin~ tr~ law, be[ore they become delYnquen~
j and before any :nterest attaches ~r an~• pen:,~ty ~s u~iurrrd; and in yo far a.9 xnr thereot is ot record the sam~
! shall be promptly saUsfeed and d3s~-har~r.i of record anA the or.~;inal ofticial ~i~cument iauch aa, for instance,
~ the tax receipt er the 58C15f1f~lQR F~a{~rr nffsrs~?Ily enf~r:;.•d or cc•rt~[i~d~ shnll bc placed tn the hand! of ssid
btort~agee v~~thin ten d:+}'s ne~xt a(trr Piyrr.cnt: and ~n the c~•ent thal any thereot is not so paid, aati~fied and
~ d~scharged, sald 1?tnrtRa~ee mat• at ant~ IimP pay thP s.ime nr anv ~~art therenf w•ithout wai~ing or af[ectin~
" any optibn, li~n, equ:[~ or r~Rl~t un~1. r ~r b~• ~~:rtu~ of th:. mnrt~aR., xnd the fuU amount o! each and every
i such payment vhall h~ i.r.raed~at~~ly ~f~~r an~i {~ay.~hic .~nd ~h:{11 bear ~n!~~r~s! frnm th~ date there~of until paid
t at the raLe of tPn per n•nturn Per annum xnri t~~~e1h~~r w•~tn : urh ~nLerest ahaJl be ~ccured by the lien of thi~
~ mortgage.
~ 3. To place and continuousl~• kerp nn the bu.ld~nc;s m~w or hereafter altuate on said land fire and v~~fndstorm
~ insurance in the u~ual ~tar.darA , nlir~~ f..rm. in A?~lm n~t lec.y than e~eciHed by Fbrida 18H...., In auCh com-
pany or cum1~~ s as may b•~ ep,^.r~•ti~•d h~• ~z:~l ~inrt~~:r• e. an~i all vuch insurancr p~licies on eny of aaid build-
~ ings, any intPrest therein or ~ art thPreof, in th~ n~-,n•r:+te 9um afor~said or ~n exce9s thereof, ~hsll contain th~
Y usual standarct mnrt~aqPP ~ Iaus.~ mak~n~ tT~~ t~•~a ur•t~~r a-u~f pol~c=rs, each and erery, payable to said Aiortgs-
~ gec as h~s ~nteres: ma~• a;~,e~r, an1 ~•a~h ar~! ~~.~:c h p•~hcy chall be pr~mptly dPlteered to and held by said
a(ort~aRee; and, not lrss than ten ~fa~•s ~n a~f•. anre ~~l !he Pxp~rat:~n of ~ach {x~licy. to deliver to said btortRa[~ee
a renP~.~al thereof. t~eether ;~•~th a rc~PSnt f~,r 2hP prPm~um nf an~h r~r.~wal: snd thrre ~hsll bc no auch insur-
~ ance placed on any nt xaid bis~fid~r.~s. any int~•rest th~rern or pari therrof: unlea9 ~n the form snd w1[h the losa
~ papable as 8foresa~d: and in the e~~~nt any sum of m~me~ brrnmes payable under 917CT1 pollcy or policie~ asid
~ Mort~;a£eo shatl hare the. ~ptinn to r•~rei~•~ and .arpl~• ;i:e samr ~~n account of the indebtedne~~ secured hereby or
to nPrn~~t sald ~iorf~a~~r to rP~ri~•~ ~n.1 ~i~P it ~r an~ ~art there~t tor other purpoaea without thereby waivtng
~ or ~m~a~rin~ anr equit~. lien ~r r.~ht ~:ndcr ~~r by ~•:rtue of th,9 mortgaRe: and ir. the e~'ent said MortgaKor ~hsll
for ar:}~ rrasn~ (nit to k~~T~ th~ ~a~.f Fr••r.;.a~~~ s~ m~ur~~i. :+r fa~l to deliver prumptly am~ of said poLcies ot
insnrsncP to sa:d ~inr?~aRr•P, ~r fa~l ~rnm,~tlv to f:~lly :u~y premium therefor, or en any re~ptct tall lo per-
~ form. dischar~e, ex~rutr, ~•ff~•ct, compl~tP. c~~mply t~~th nr.d ahi~le by th~s co~~enant, or any psrt hertot, a~id ]?iortg-
aRer may n1ac~ artd nay fnr saich tnauranc~ or anp ~nrt thPrPnf .a•~thnui w•ai~•~n~ or ntfectinR any option. 1ien.
equlty or r.~ht under or by .~~riue uf th~s mort~a~e. ar.~! thr full amount of earh end every auch payment ~hall
~ be immedia!ely duP and pa~•able nnd ahall M er inrorsst lrom the date ther~o[ until paid ~?t the rate ot ten per
centum per ann~m wnd to~eth~r with such Interest shatl be secured by tAe lien ot thls mortgaRe.
~ To permft, rnmmit ~r riffcr no ~.•aFte, irrr~:rment or deterioratlon of ~a1d property or any patt thereot.
x b. To pay all and ~in~uler the ~oots, char~ea and ex~nses. includ~nq reaaonable law~}er's fees and cost ot
aD~tracta ot tiUe. lncurred or raid at any time bp ~atd 1?tort~nRee because and~or tn the event of the falltu+~
~ on the part ot the satd btortFaRnr to d~~ly, promptly and fully pertorni, discharge, execute, etfect, complets,
~ comply v~ith and abide by each and evPry the stfpulation~, ngreements. condiUens and covenanL of aaid proml~-
~ wry note, and thi~ mortRaRe, any or efthPr, and ~nld cn9ta, charg~~ and e:penses, each and every, shall be Im-
~ mediately due and payable, v~firther or not there be notice, dcmnnd. attempt to rnllect or sult pendtng: and th~
~ fltll amount o[ each and every ~uch payment nhall bear interest from the dats Lhereof unW pald ~t the rate of
h ten per centum per annum: and all aald co~te, charRes and expense~ w lncurred or pafd, together wtth sucb in-
~ teres~. ~hall be secured by the Ifen ot tRfa mortgage_ -
~
~ ~i f
~ r:.~ ~~3 ?3i
~
~ y~
~ .ti _ - . ~ ~