HomeMy WebLinkAbout0737 ~ti~ktir40~Y~+3~+W~hW~}fififi~`~+~h~~'~ ti+~~i ti ~?4~l~}O~POb000
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s. . _ STUART, Florida. . . . _ 1
FOR VAL ECEtVED th~e Knders~o~~ joimlv cevP~ally, PROMISE TO PAY to 1he order of
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' _ . . _ _ . DOIIARS,
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at _ Jensen B03Ch, lOS~~la or suc er piace as the holder
hereof may designate in wrih together with interest from date at the rate of 10 r centum per annum on the
= unpaid balance until maturity. Th aid principal and interest shall be due and pa e
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In 60 (sixty) equa thly installments $ (Dollars)
including interest.
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~ The lst payment shall be due o 4D?~te)
~ ~ This note may be pre~3' at any time" ' t penalty.
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~i. If dela.,l! tr ~^ed~ /or 10 d~ys ~n r~e v~r~n~ of ~ny ~nat~llmenf ol Pnnc~p~l w,n ~ or ~ny part rl,ertof. ~M whol~ w~n eA~n rpe.almnq
.,•npa~d ~r~e.eu >~JVi at ~clde•'f op~~n~ htcorre a~y peW~1~ wirNpul noe:ce h~l~rt ~o e.auN oo~~on sti~~l no~ c y• wa~vN of Me nqAt
ro e.e~c•se ~h~ s~me ~ eRe e.ent ot ~..l~~q=cnr AHe~ r.vr„nry boM p~~c~p~l and accrv~d ~ore.n~ a~~a ~r ~nrere~r ~e ~a pe. centum per ann~m
: nr.~ pa~d. ihe ma?~.s scd endancn cf M•s n f~r~ner u`~,v~ d~r.~a~d, r.onc~ of non~paYment ¦nd O~otest. ~i ~A~ ~tt ~a no~ pa~a N~atunty ~nd My ~am~ n
.i~ ptKld w~tA ~n ~nern~y for coi~ea~on, ~h~ rs ~r,d endo.sas h~reoF apre~ to Dar ail cosra ol co6~a~on. ~nuvtlmp co~rr co~n ~r+d r~~wrrbh anwn~y tees.
= if ony noYme~~ ~s pa~d r+ore tho~ !0 vs oNe. d.+! then. ~n o~d~t~on t~ so~d por~*~e~~. the make~ ti?w11 poy o LAT ARGE of S~ ol th! poyrtNnf dut
•ti :,r 5500, wh~che.er ~s f~ss. Thn ~e~on shol! na! Le c:ns~rued ~o m~,ty the Aefa..it prr.nr..~s hercm ar the ~~ter~yf o~tlr ~fOVlt._ ~
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and shall duly, promptly and fulh~ periorm, d~srharKe, ex~cut~. effrrt, c~~m~1Ft~, ~~omply w~th and abede by each
and e~~en the sLpu:a.ions, agre~mentc, rund~tcuas and ro~•enants ut s:tid pr~.m~ss~~ry note and of ttus mortgage.
then thta mortKage and Ne estate hereby ~reated sh~ll cease aiid be nufl ana ~ o.d.
It ~s understoai that each o[ the w~ords. "note," ' mortRsgor" and "monRagee" respecti~•ely and the pron-
ouns refernng thereto, whether ~rs the s~n~ilar or ~lural anyv~h~re in th~s inortgage, ~hall be aingulat it one only =
and ahall be plurnl juinUy and se~~Prally, ~f m~re then one, and 9h:il1 hc mx.9culine, fenunine and!or neuter, wher-
e~•er the context so impl~es or admit~. ~
And ~sld :Vlortgagor for h~maelt and h~s he,r~, l~Ra1 representat~~•es, successors and asaigns, hereby ooveA- i
ant~ ana agree~ to and w~th said 1?iortgagee, his legal reprr~entatrve•s, succNSSOn and as.+~gna: ~
l. To pay all end aingular the principal and ~nterea[ and the vanou~ snd sundry auma ot money payable b~
vlrtue of said promisaory note, and ths mortgage, each and every, promptly on the days respectively the sam~
eeverally becom~ due.
2. To pay all and ~~ngvlar the taxe~, acves~mc•nts, t~~ic~, llab~litie~, obl~~ation~ and incumbrance~ ot eveep
nature and k~nd new on yaid descnbPd pro~Frty, and or that hereaftrr may be imposed, auifered, placed, le~~ed
or assessed thereupon, artd or that hereafter m:?y br L•~•:ed or a~s~•sYCd upon th+s mortgaRe and%or the ~ndebted-
ness secured hereby, each and eti•er}•, ~~h~~ ~iue and payable ai•rerd~n~ to law, Ge[ore they become delinquent,
and b~fore any interest attaches nr any p~naity ~::~urr~•~f; and tn so far a9 xny thereof ia n[ record the sasn~ t
shall be prumptly satisfied and dss~~har~ed of record and the on~;~nal off~c~al document (~uch a~, tor f~utance.
~ ihe tax rece~pt er the satisfx~t;~n pa;~Pr otfu,ally ea 1nra.•d or e ertlf:FCi ~ shwll be placed tn the handa ot said
:liortRagee v~~.h~n ten days r.~xt at.Pr ~aymcnt; and ~n the e~•ent that any therrot is not so gaid, sati~fied and
i discharged, sa~d ~SnrtRa~ee may at eny UmP pay thp s:?me or nnp pa~ t therr~f w•~thnut wai~-ing or aftectin~
any opt~an, licn, eqinty or ri~Lt un~i.r ~~r b~~ vir.ur of th~s mr~rt~a~c, xnd the full amount of each and every
~ such payrnent vhall be immed~atrlv ~:uP an~i t~at:~b:c ~nd sh:i11 bear inter.^s: trom the date thereot until paid
F at the raLe of ten per c.•r,turn per annum xnd t~~~c~±hrr a-ith si~~h intere+t shal! be aecured Dy the Iten of thi~
i mortgage_
E S. To place and contin:~nus;p ke~p on the bu.t~lin~s rn~w or hereafter aituate on said land Ilre and wtndstorm
inaurance ~n the u~i~a1 standar~i p~~li~~• f~r-a. ~n e~um n~t le~sZhtin epecified by Florida 1aW... , tn such com-
pany or comt~' z~~~s ~+s ma}• be Rp~i~~~"r~i by sr+:.l 1L~r;;;a^~ e, an~i all au~h ~nsurance pnlicies on any of said br:ld-
ing', any intPreat there~n or pari thereof, ~n !hr a~~r~•~:ue sum aforo~aid or m exceas ihereof, shall contsin the
usual siandar.t innrt~E~PP ~laus~~ mak,n~ tt;~ I~:.a ur.l,•r s:ud poL•rit~~, each an~~ every, payable to aaid Mortgs-
gee a~ his interes; niay~ app~•ar, and ~1ch ar.•f s~~. h pnticy ahall be promptly dPL~•ered to and held by said
llfort~aRee: and, nnt ?rss than ten ria~•s in a~i:an~e nf the Pxpirat~nn of each poticy, to ddiver to said MortRaRee
~ a rene~.val thereof. tn~ethrr k-sth a rc~e~pi fnr th~ prPmium ~f vrn~h r~newal: anA th~re shall be no such insur-
~ ance placed on an}• ~~t said bucLfiny;s. any inl~~rFSt ih~~re,n or part the~~of, unlea9 in the torm and with the losl
~ payable as sfores~ui: and ~n the ecPnt any sum of m~mPy brcnmee ~a~able under such policy or policiea said ;
~ I?iort~a~ee thal! ha~•e the opti~~n to r:~cen•P and arply the ~am~ ~n acrount ot the indebtedne~s securtd hereby or ;
~ to rPrn:~t sa~d ~i~r!ca~or to rFCf 1~'n ~m1 u~P it or ~ny ~art therFOf f~r othec purposea without thereby W+aiving
or irn~ainn~ an~ e~~uty. lien nr r.~ht und~r ~~r by ~•irtue nf thsy m~rt~aRe: end in the e~•ent ssid MortgaKor ~hall
~ fnr 1rt• rra;n? f~~1 tr~ kP~~ the ~:~~d rr•~m:v~~~ in=;ir~d, nr fail to dellver promptly an~ ot said pol~c~es of
= insvrancr to sa~~! ~t~r:~aR~•P. nr r~,i ~r~~,ru.~ tn ra~~ (t:lly :vi}• premium theretor, or ~n nny res~?ect :ail to per-
~ form, dischar~e, exe~~ufe. ~ffe~t. cnmP)~tP, comply c~~th and abi~le b~ th~~ covenant, or any part hereot, aaid 1ltortg-
- aReF inay pla~-~ ar.~1 pa~ fnr such inaurnnce or any part thrrPnf u•ith~ut v~•aiving or aftectinR any option, li~n.
a equity or r.Rht undc~r or b~~ ~~~rtue uf th~s mort~a~e, an~f thi~ fufl amrn~nt nf each and every auch payment +hall
~ be immedia±ely duP and pa}•able nnd ahell bPer mt~rest irom the dete themof untll paid wt the rate of ten per
~ centum per annum and toKeth~r witti vur.h tnterest sha31 be secured by the lien ot thls mortga~e.
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~ 4. To permlt, commit or ~uffer no a•s.9te, imFairment or deterioration ot aaid property or any part thereof:
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6. To pay nll and ~in~ular the ro.ts, char~es and r.xFwnaes, including reasonaDle lswrye~~ fee~ and cosi o!
~ ab~tracts ot title. fn~eirred or raid at any ttme by sald ]?i~rt~aRee txceu~e andior ln the event of the tallur~
~ on the pari o[ the snid ~SortRa~or to dul~, promp!Iv and fully perfortn, dtecharge, execute, eftect. complets„
comply v~~th and abide by each and evPry the alipulat~ons, aRreementa. conditiens and covenanb of eaid promis- -
~ wry note, and tnis mortRaRe, any or elthrr, and ,nid rnsts, charge~ and expenses, each and every, shall bs tm-
mediately due and payable, v?h~ther or not the~e be not~ce, d~mnnd. attempt to coUect or sult pending; and th~
~ full amount ot each and every auch payment ~hnll bear interest [rom the dats thereot untll pald at the rste of
ten per centum per annum: and all satd co~te, charRes and e:pense~ w lncureed or pald, together wlth ~ucD in-
terea~ ~hW De secured by the Ifen ot Ws mortgage.
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