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a... _ - . STUART, Flarida. . _ _ . _ . 1 .
FOR V~ RECEIV~ED the~ndersi~?+p.~ iointlv r~~ ~evP~ally, PROMISE TO PAY to the order of _ .
_ - . . . _ . _ _ .
i; - - _ _ _ - . . (N)11ARS,
at J~sen BeaC , lOX~ or suc er place as the holder
hereof may ciesignate in wri together wi~h interest from date at the rate of 10 r centum per annum on the
~ unpaid balance until maturity. T aid principal and interest shall be due and p le
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j In 60 (sixty) equa thly installment S (Dollars) .
~ including interest.
~ ;
~ The lst payment shall be due (D~ate) ;
i This note may be prep ' at any time t penalty. ±
~1 def~v~~ be ~^sd~ Iw 1~ d~rs :n r o+y~*M~ of ~ny ~nafal4neM of prinopd u im w•~r wr~ rhe~wl, +M wl+ot~ ~,,,n N.en r~matn~rq
_ .,npa~d w~r~+ ~nttrcu ,~al~ at holde•'s oot~o~ beco ~ e ano p~r~bl~ w~thout no~~c~. F~~Iwe to euroae s oP~~on tiMp no~ cq~A•..r~ • wa~wr of M~ r,pAt
ro eae~ru the s~Te :n rh~ eva+t of ~~b~~q~er•~ sutr. A1~e. m~run~y both w~~uWl ~nd ucrv~d ~.+ra~~t ~R• a~nteresr ~r dl! M~ ceMUm ptr ~MNTD
.j. ,.~~~t p~.d. TM ma?~rs and endors~n o1 M.s • f~nher «~;v~ dtm~nd. not~c~ of ~on-paymeM and orot~~~. ~h~ » n na~ p~~o in~fur~e~ u~d eM wn~ is
olac~d w~M an •:wrn~y fw collece~on. ~n era and e~+dors~.~ Mrw1 ~prN to Pay •II coa~ of coll~cnon, ,ndud~n~ a o.:r~ cwn ~nd :~a?onabN ~twr~sy fees.
if onr pC vmenr ~s po~d mae ehan ers oleer due ~nen. odd~t~on ~o w~d por~r ~he moke. s?w7t pay o LAT ARGE of S°'o ol ~h~ poym~nf dut
= or SS.00, whKhC.C~ ~s IKS. Thi v~sa~1 ShO~~ not A! C~struOd fo mod~fy fht dela.Jt prov~s~Ons hNt~e w th! ~nttrest pftp Qt1OUlt.
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and shall duly, promptly nnd fully ~rform, dir~harge, ex~cutr, effr~ t. cum~let~, ~~omply wrth and ab?de Dy eich
and e~'ery the st~pnla.ior.s, agreemenLa, condit~r,ns and co~•~nants o[ sa:d {~runus~vry note and ot tttia mortgags.
then thf~ mortKage and the eatate hereby created shsll cease und be nu:l ancl ~-oe~l.
It ~a underatood that each ot the worJs. "note." "mortgagor" and "monRagee" reepecti~ely and the pron-
oune refernng thereto, whether m the ~inRular or plural an~~vhere in thls morigage, shall ~e aingular it one only
and ~hall be plural jointly and sev~rally, d more thnn one, and sh:?II he me.vcul~ne, [em~nine and,'or neuter, wher-
ever the context ao impllea or admits_
And ~ald Mottgagor tor himaelf and tus heira, legsl r,~presentai?~•es, succes~ors and a~signs, hereby .coven-
ants ano agree~ to and with aaid Mortgagee~ his legal repreaentatives, succPSSOra and ass~gns:
1. To pay all and aingular the princlpa! and ~ntenst and the variou~ and sundry sums of money paysDls b~
virtue of said promiseory note, and tlus mortgage, each and every, pmmpUy on the days reapectively th~ saru~
severally become due.
2. To pay all and ~ingular the taxes, ~e~es~mPnts, levie9, liabilit~e~, obli~atiuns and incumbrances of evesr
nature and kmd now on sa~d descnbed propPrty, and •nr that hereafter may be imposed, auffered, placed, levied
I~ or assessed thereupon, and: or that herenfter may br Ir~•:ed or a~srsacd upun this mortgage and/or the indebted-
' ness secured hereby, each and eti•ert•: w•hen ~iue and payable acrerd~ng to law, before they become delinquent,
and before any interest attaches or any penaltY uicurrrd; and ~n 9o tar as an~ thereot is of record the sam~
shall be prompUy satUSfied and dis~har~rd of record and the on~;inal off~cial document lauch as, for itutance,
:he tax receipt or the sat~sfact:on paper ofhciaUy eminrs~d or certif~Pd~ ahall be ptaced ln the hand~ ot said
btortRagee v~~ch~n ten day~ n~xt after rayment; and in the e~•ent tnat any thereoi is not ao paid, ~ati~fied and
~ discharqed, said 1ltortRaFee may at nny t~me pay the s:~me or nn~ part ther~nf vcithout wai~ing or atfectins
i atty optiDn, lien, equety or nght undFr or D~• ~-~rtur of ths. m~rt~aR~, and the full nmount of each and every ,
auch payment sha11 be immed~atPly due an~i ~~ayable and shatl bear inter~st from th~ date thereof unti7 paid
at the rate of ten per c~~nturn per annum and tn~eth~•r u~th such ~nterest shall be ~ecured by the lien of thi~
mortgage.
9. To place and continuously ke~p on the buald~n~s now or hereatter aftuate on ~aid land flre snd windstorm
in~urance in the usual standard poliry f~rm, in a~~m n~t tes~ thnn ~~d by F~OL'~d8 iSH...., fn ~uch com-
pany or comP"~:~~s as may be ap,r~vrd by~ sa;.l 11«N;;a~~•e: amt 11t auch ~nsurance policiea on any ot said build-
ing~, any intere~t thereon or part thereof, tn thP ncCr.•~a?e sum aforPaaid or in excess thereot, shsU contein th~
usual sLandard mnrteaqeP rlavse mak~nR tt~P 1~:~q ur.~1~•r a~ud poLcie~, e~c-h and every, payable to said Mortgs-
gee a~ h~s ~nterest ma}• ap~^ar, an+i Pach a::d Pr.~r~• ~u~ h pulic-y shall be promptly dPl?~•erM to and held by said
I~tort~aqee; an4, not less than ten ~ia~•s in a~i~an~e ~f the Pxp~rati~n of.each pol~cy, to deliver to swid MortRaRee
a renP~.val thereof, tr~~ether w•ith a re~e~nt tr.r thP prPm~um nf a~~rh r~newat: and there ahall be no such in~ur-
an~e placed on any ~f ~aid bu~l~iinKs. any ~nterFSt th~reln ~r {~~rt ther~ot, unlea~ in the torm snd wfth the los~
pavable aa aforesaid: and m the e~-Pnt any sum of rn~mey bProme~ payable under ~uch pollcy or policies ssid
Mort~;a~ee shall ha~•e the opti~m to reces~•e and arply tF.e samF ~n account of the indebtednes~ secured hereby or
to (+~rmit sa~d Mort~a~ar to rr~ri~•~ ~nd ~ise ~t or any ~art ther~nt for other purpose~ without thereby waiving
, or impa~ri~~ am equity. lten or r~ht und~r nr by ~•irtue of this mortgaRe: and in the event said MortgaRor shall
~ for An~• rPn;n~ f~~l t~ kP~r the sa;~i ~ r•~m~a~•~ s~ in~ur~d. or fail to deilver prompUy an~ ot said poGciea of
insurancP to said A1~r±~aR~•e, or fa~l promptlp to p:~~~ t+i11y 3np premium therefor, or ~n any reapect fail to per-
~ form. diechar~e, ~xc~~uie. ~ftert, eom~l~t~: ~omply i~ith and ahide bv this covenant, or any part hertof, aaid Mortg-
~ aReP may placr an~t pap fnr such in?t~rance or xny part thrrPnf wiih~ui v~aivin~ or aftectinR any option. 1i~n,
~ equity or nRht under ~r b}• ~•~rtue of ihta mort~aRe, aril tho full amount of each and every such peyment +haU
be immed~ately doe and pa}•able and shall brar mt~rest irom the dnte thernot untll paid at the rste ot ten per
centum per annum nnd toRether with such Intcrest ~h~l be aecured by the lien ot thls mortgalte.
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~ 4. To permit, commit or ~uffer no w-~,te, imrairment or deterloration ot eald property or any part thereof.
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~ 6. To pay all and sin~utar the co~ts, char~e~ and exprn~ea, including reesonable lawyer's tees and cost ot
abstracta ot title, fncurred or paid at any tlme by aald biortgaRee becauee sndior ln the event ot the fallur~
~ on the paK ot the said MortRaRor to duly, promptly and Nlly perfonn, dlscharge, execute, etfect, complete,
~ comply v~Kth and abtde by each and every the stfpulations, sgreements, conditlons and covenanL of sud promli-
sory note, nnd this mortRaRe, any or either, and ~aid rn~ts, chargea and expenses. each and every. ihall bs Im-
mediately due and payable, whether or not there be not~ce, d~mnnd, attempt to coltect or auft pending; and th~
tull amount ot each and every auch pn}-ment ehall bear intere~t [rom ths dats thereot untU pald at the nte o!
ten per centum per ~ru~um: and all eald co+ts, charges and expense~ w tncurred or pa1Q togeNer with ~ucb fn-
~ tenit, ~hall bs secvred by ths tlen ot We mortgage.
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~ - 253 FA~E ?4~
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