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s- - STUART, Florida, . - - i
i FOR VA RECEIV Lh~_yndersia~~ ~oi~tlv w~~i ~evP•ally, PROMISE TO PAY to the order of_.. ~
H~Tit
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i - - ~ - . DOLlARS,
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; at Jensen Beach, loX~ . or suc e~ place as the holder `
hereof may Aesignate in wrih together with inte~est from date at the rate of 10 r centum pe~ annum an th~ ~
; unpeid balance uriti) maturity. T aid principal and interest shall be due and p le !
i. ~ i
~ In 60 (sixty) ec~ia thly installmertts $ (Dollars)
~ includirig interest.
~ The lst p~yment shall be due (Date)
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This note may be prex~ ' at any tiine t pP.nalty,
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1/ det~vlf be ~++ad~ fw 1~ dayi ~n m rr.Km o! any ind~li~n~nf o1 W~nc~pal or :nt or ~~y pan th~nof, th~ whoh su~ M~n rNna~n~np
j ~„npaid wuh nr~.tU ~~all a1 holdai s opnon becom e ana p~r+bb wnhout na~c~. iulu+a to eatrc~s~ i opnoe ahall nor c ~~.b • w~ivN oi th~ ripht ,
= ro•.e.c~a rM same n the evaet of wbs~q.,enr uh. nirer maiw~ry ~oen pcni~wl and accrwd ~n~ersU ~AS u.nee~~sr ~t pr ~~nhnn pN ~nnum ?
•j .~n~~~ pa ~d. TM mak~ra and endors~ra of tA•s • fw~1w w~•v~ dMnu~d, no~~c~ of rw~-p~ye~ent end proMSf. Ii ~A. !e ~s rq! C~~O e+uRr:ty and tM ssmf is ~
o~~cW w~M ~n a~eorn~y (a colNC~~oo. ~M aa ~nd endorser~ Mrwf ~prN ro pay all cosn ot colf~cnon. ~nclud~ny • o~rt coin ~nd r~ason~bb •naeNy iMS.
~ w+Y po Y~~ ~s pc~d more thon 1 ys ofter due rhtn, ~n odd~non to so~d poYmer+t, rhe moker shait poy o LAT RGE of 59b of ihe poym~nf dut !
cr f5.00, wh~che.er ~s 1~. Th~s v~san sholt not be construed ~o mod~fy the detaul~ p.ur~s~o~s he.e+rt « the v~ttr~st ofter dffoult. S
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wnd shall duly,'prompqy and fully perform, dis~harge, ex~cut~, effert, cumpletr, ~romply w~th and abide by each f
and e~•ery the sGpulauons, agreements, condrtions and covenants uf sa?d prum~s~ory note and of this mortgage, ±
then thLS mortRage and the estate hereby created shall ceaae and De null anp ~•oed. _ ~
It• ~s understood thst each ot the words, "note." "mortqagor" wnd "monRagee° respectively and the pmn-
ouns referring thereto, whether in the singular or plural anywhere !n thls mortgage, ~hall be e~ngular if one only =
and ~hall be plural jointly and severally, if mure than one, and sh:ill be ine~gculine, teminine andlor neuter~ whee~-
. ever the rnntext ao impliea or admit~.
And ~aid Mortgagor for himselt •nd his heiro, legal repreaentatives, successora and ~slgns, hereby ooverr ~
ants ano agrees to and vinth eaid Mortgagee, his legnl representatives, succPavors and assigns: _
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1. To pay W and singular the principal and lnterest and the vaciou~ and aundry sumi ot money p~yaDle br ~
virtue of eaid prnmiasory aote, and thia mortgage, each and every, prompUy on the days resp~cUvely the ~ar~ ~
eeverally become due. ~
2_ To pay all and ~ingvlsr the iaxea, es~rscments, levics, liabilities, obli~ation~ and incumbrances ot every
nature and kind now on said descnbed property, and.~or that hereafter may be impo~ed, euffered, placed, levied
or assessed thereupon, and-'or that herenfter m:?y br Ir~ ied or ass~~sse~i upon this mortgaqe and/or the indeDted-
ness secu*ed hereby, earh and e~~ery, w•hen due and payable aroord~ng to law, br[ore they become delinquent~
and before any interest atiaches or any penxlty i9 ~ncurrr.l; and in so far as any thereot ia o[ record the aam~
shall be prvmptly satis[ied and d~schar~ed of record and the on~inal official document (auch as, for ttutance,
ihe tax receipt or the satisfact~on paper officially en~fnrs~d or_ c•ertitiPCli shall be placed fn the hands of said
MortRagee within ten da_r•s nexi after ~aymen[; and in the e~•pnt that any thereot is not so paid, satistied and '
discharged, said AiortgaFee may at any Gme pay the same or any part therenf w•ithout wai~~ng or aftectin~
any opt~On, lien, equity or r~ght undFr or b~• ~-irtuP of ih~s m~rt~aRe, xt~d the full amount of each and every
i such payment shall be immediatPly d~e ami payable nnd shal) bear int~rest from the date thereot until pais
; at the rate of ten per c~ntum per annum and to~eth~r v~~th such ~nterest shal! be secured by the lien of thi~
; mortgage. ~
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! 8. To place snd conttnuously ke~p on the busl~iin~a now or hereafter altuate on aaid land iln and windstorm
E insutance in the u~ual standard ~?oli~y f~rm, in a~im nnt less thnn ~d b~? F~OY1d8 18v..__, In such com-
~ pany or comprzir9 ~s may bc apprc~ved by~ sa;~l N1nrt~a_~•e: an~1 all auch insurance pc~liciea on any of said build-
~ ings, any interest therein or part thereot, in the nc~r.•~ate sum afornsaid or in exce9s thereof, ahall contain ih~
~ usual standard mort~:ageP ~Iat~se mak,nt~ the l~~~a ur.drr s:i~d (wLcie~, each and every, payable to said Mortga-
€ gee as hie interest may appFar, and each ar.~l e~•r-~• s::~ h p~~Ucy ahall be promptty delivered to and held by tald
~ btortRagee; and, not less than ten da}•s in ad~anre of the Pxpirs?tion of each policy, to deliver to aRid Mortga~;es
- a rene~va) thereof. toqether x•ith a rccei~t f~r the+ prpmium v~~~h r~newRl: and th~re ahall be no suCh inaur-
I ance placed on aay of ~afd buildinKs, any intPrest therein or pnrt thereof, unleas in the form and wlth the los~
F pa~~able as atoresai~i: an~1 in the e~•Pnt any sum of mcrney becomes payable unde~ ~uch poltcy or policiea aaid
f Mort~a~ee shall ha~•e the optinn to recei~•P and :?pply the cam~ ~n arcount ot the indebtednea~ aecured hereby or
! to permit said :Nort~a~or to re~el~•~ nnd ose it or any part thereof for other purpox~ v?~thout thereby waiving
or impairing any equity, lien or r~ht under ~~r by virtue of ihis mortga~e; and in the event sald Mortgagor shall
for any rP1so~ [~~1 to kP~p thP said prnm~.~~s a~ sn~i~md, nr fail to dell~er promptly sn~• ot said policie~ of
insurancP to said ~inrt~aR~e, nr fail promptly to P~}~ fnUy :tny premium therefor, or in any re~pect fa11 to per- ~
form, dischar~e, exeruie, effect, complete, comply ~.-~th and aAlde b~ thi9 covenant, ot any part hereof, safd MoKg- ~
aReP may place anri pay for such in?urance or any par[ thrren[ without waiving or aitecting any option. ]irn. ~
equity or nRht under or bv ~~irtue of this mortRaRe, and thv full amount of each and every such psyment rhall
be immediately due and pa}•able and shall bear intPrest trom the dete thereof untit paid at the rate ot ten per ~
I~ centum per annum nnd together with such fnterest ~hall be aecurcd by the lien of thii mortgaRe. ~
4. To permlt, commit or tutfer no a•aste. ~mpairment or detertoratton of sald property or anq part thereof. ~
6. To pay all and sin~ular Lhe co~ts, charRes and expenxs, including reasonable lawyer'~ fees and coat ot
abatracta ot title, fncurred or paid at any time by aaid 1?tortgaRee because andior fn the event o! the fallur~
on the part ot the said MortRa~or to d~ily, promptly and tully periorm, dUcharge, e:ecute, eftect, completer
j comply v~~ith and abide by esch and evPry the stfpulations, agreements, condittons and covenanL ot said promis- ~
f wry note, and thfa mortRage, any or either, and ~afd costs, chargea and e~cpenses, each atfd every, ihall be Im•
E mediately due and payable, whether or not Lhere De not~ce, demund, attempt to collect or sult pending• and th~ ~
full amount ot each and every such pavment ahsll bear interest irom the date thereot untll patd at the iate ot
; ten per centum per annum; and all said costs, charqes snd e:pense~ w lncurrM or paid. Wgether w~fth ~uch 1n-
tetest, ~hall bs secured by the Ilen of thfa morigage. ~
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