HomeMy WebLinkAbout0668 ~~k~~~~~hk ti•~`~vfi~'~Si~•1k1Y~.~ti1~"•ti~{'~ti~~'~.ti~.~~1Y+}~tiS'~'1~!'1~'Lti~~.'}~'{"Q'{'y`'`'.`ty'~'~`¢'~ ~
i• a. . $TUART, Fiorida. _ _ - - . . . . 1 '
.i. FOR VALU ~EIVEO the unders~o~P~ iointiv a~r1 cevP~ally, PROMISE TO PAY to the order of
Jr3dSFI~1 BANK - - . . _
; _ - - - _ .
' . - DOIIARS,
- . - .
. _
j~ at Je~sen Beach, oX~a _ _ or suc er place as the holder
hereof may designate in writin , t~ether w~th interest from,date at the rate of 10 _ r centum per annum on the
unpaid balance until maturity. The id principal and interest shall be due and p le
~
j. In 60 (sixty) equal thly installment $ (Dollars)
ir~cluding interest. .
~
The lst g~yment shall be due (Date)
~ This note may be pre~ ' at any tim~e t penalty.
i;
= If aefault 6e ^~d~ ia 1~ E~rs par•*e++t of ~ny m~t~l~m~rtf o~ w~nupal or tn sr o• •nr Ds~e rbereof, M~ ,r„1.o1~ ~~m M~n ra++a~n~~p
.,rp~~d w~i`+ ,ctae~r ,~all at 1.c~de•'~ cpnon bt:o ~e a~a Fay~b~s wuhout no~~ce. fa,Iw• ro e.eras~ h oonon shati no~ cq~A~~ e~ a ws~Wr ol tM r~qAt
_ ~o e¦aaae ~n~ ss-~e n Me t~ent of ~~:bse ero ~1~ ~ ~
p- au' _r tnie~irty ppM pnnc~p~l 1nd atu.~td ~nte~Ht aF beir irterrsl ae al V D~~ ctntum pN annum
pa~d. T~ ms?~.s ~nd endo.sen cF rf~ ~e f::r~ke. ,na~~~ demand. not.c~ of non-D~vmen~ and protes~. If noTe rot p~~a ~t marur~ry and tAe a~ if
::~+c~d w~M ~n a~ean~Y fa collect~cn, rR kers and endo+serf M»of aprq to paY ~il cofn of col~~ct,on. ~nct~d~np ca.rt tosls and na~onabt~ ~tlanaY fees.
_ ~f o^Y Dav^+e~t ~s po~d m_re Mo^ doys of~er d~.e +hc~, ~n a1d•~~c~ ta sa~a poymcnt n~r maker tiho~l ~ey o lA HARGE of S~o 1h! puYm~nf due
;r 55.00, wh~;rte~•er is less. Th~ e~~~s~on s^a!' nc. be construed ?o mod~fy the Jefo~dt prcYn~~s Fxre~r cr tht ~nterK o1tN defoulf.
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and ghall duly, prnmpUy and fully ~erform, dis~harRe, ex~cut~. Pfte~•c. cumrlrt~, ~•~mply with and abide by each
and e~~crv the st~pu!aunns, agre~mrnt~. ~-ondit~u:i9 and co~~~nants ut s:ud ~r~,tr•~~~•iry note nnd of thi~ mortgage. ,
then ttu~ mortgage and the estate hereby crea[ed sh.tll cease and br null anu ~•oid_
It ~s understood that each o( the µords. "note," ' mortRagor" nnd "mortRagee" respecti~•ely and the pron-
ouns refernng thereto, whether ~n the sin~~lar or plural anywhere ~n thts mnrtgage, shalt be a~ngular it one only
and ~hal! be plural jointlp end se~•eralty, ~t m~~re than one, and sh:til bc ~iiri.9cul~ne. [em~nine and: or neuter, wher-
e~•er the context so implles or admits.
Md ~aid Mortgagor tor him~elt and his he~rs, legat represen[ati~•es, successora and assigrts, hereby Coven-
anL~ ana agree~ to and wzth said 1?tortgagee, his legal representaU~~es, succPVSOrs and aas~gns:
l. To pay all and s~ngular the princtpal and ~nterest hnd the variou9 and aundry suma ot money payable b~
vlriue of aaid promissory note, and tlua mortgage, each and every, promptly on the day~ re~pectively the um~
neverally become due.
2_ To pay all and ~ingular the taxes, a.ssessmcnts, tevtea, liab~l~t:es, obl~~atinns wnd incumbrances of every
nature end kind now on sa~d descr.bPd proprrty, and or that hercaftrr may be impos~d, suffered, placed, levied
or assessed thereupon, and or that hcreafter may 6~ 1~~~•.eJ or a~~~~cved upun ih~s mortgaRe and%or the indebted-
ness secured hereby. each and e~~e:t•, w•hen ilue ar:d ~~a~able ac:~erd~ng t~~ law, bFfore they Decome delinquent,
~ and before an}' ?nterest attacties or an~~ pena!!y i:; ir.cunr~i: and ~n so far as an~• thereot ~s o[ record the aam~
{ ahall be prompily sat?sf:ed and dts~'har~rd of r~cord and the or~~;rnal official document I~uch as, tor inatanee,
E ihe tax recespt er :he satisfart.on F~aF2rr of:~~;:tliy en•tnrs.•d nr cert~f~~~ii snall be placed In the hand~ o[ said
~tortRa~ee wiiD~n ten days nrxt :itt. r~ symrn:; and in the e~•ent ihat anp thereof is not so paid, ~ati~fied and
i discharged, sai~i ht~rt~a~ee r.~ar .?t an~• Umr pa~• the s.?n,r or anp {~art thPre~f w-ithnut wa~~~ng or at[ectin~
i 8ny opUDn, l~~n, equ:ty or nFlit ur.!rr nr b)• ~irtun of thtis mnrt~;ak~•, anA the f~~ll amount of eaCh and every
j such payment shall b~ ~rnm~rt;atr•lv .i~~r an~i {~ay~ble ~n~i st,:t!1 benr interec: fmm the date thereof until paiA
~ at the ra:e ot ten per c:~nt~rn , ~r annum xn~i u~~eth~r ~a~,th such ~ntereat shall be secured by the lien of thi•
mortgage.
~ 3. To place and continuously ke~p an th~ bv:ld~n~s nuw or herea[ter slt~ate on said land fire and wlndstorm
insurance m the u~esal ~tandar~i n~~L~~~ for.^.:, in ts~um n~t lecv thrin epeeified by Fbrida 18W...., In euch com-
s
~ pany or comt~~~a:~ s 1s ma~~ bc~ ~{~pr~~ti~•~i h~ ~a..l ~1,~r•~n^~ e: amt ~I1 +~irh ~nsunn~P poLcies on anV ot ~nid bwld-
ings, any intPrest thPrem or par! thereof. in th~ nt~cn~~:ite vum aforP~asd or ~n exce9s ther~ot, shall contain the
E usual standar.t :nnrLa~PP rtause maic:n~ tL•~ 1~ •-a ur.~:~•r s~t~d ~o:~ci<•s, each and every, payable to sa?d bTortga-
~ gee a~ his tnteres; mac ai~p~ar, ani ~ach a::•1 rc~~:r h r~~licy ~ha11 be prnmp!ly del~~'ered to and held by ea~d
Dtort~a~ee; and. not less than ten ~ta:•s in ad~; an~~c nf tt~e ~x~ ~rat~nn rach E~nl:~y, to deliver to sxid btortRaRee
~ s rene•.ti•a] thereof. tn~ether R'1iT~ A ff~'Plht f~r thP prPmium nf ~n~•h r~n~wnl; anri there ~hall be no such insur-
~ ance placed nn any r~f ~:tid bu:l~iir~;v, any inle~rrst th~rr:n ~r ~art ther~of. unleas in the [orm and wiih the los~
~ pavable tta aforesa~d: an~i in the e~~~nt any sum of mnr.Py b~~nme~ payabtr under such pullcy or ?wlicies said
biort~a~eo shall ha~•e th~ ~ph~~n to r•~~~e:.•P and -i~pli~ the sam~ nn a~•count of the indebtedne~~ secured hereby or
~ to rPrnut s•ud ~1~rtc~Cor to r~~Fi~•~• ~n.i ~i« it ~r anv nart ther~o[ for other pur~oaea without thercby waivfng
5 or ~mpa~rin~ am: e~u:ty. lien or r~ht ~snder nr by ~-srtue of tlus mnrt~;3~e: and in the event said MortgaKor ahall
tor ar.y r~~1sn~ f~~1 tn kP~^ th~ sa•.f ,~r•m~a~•~ ~n ~n=,~~~~i. nr~fail t~ deliver promptly an~ of said pohciea of
_ insurancP to salri \inrl~aR~P, or fa~l ~~rnm~•il~ t~ t<<!ly :?n~~ pr~mium therefor, or ~n any re~pect tnfl to per-
3 form. ~l~schar~~, exc~•t~te. ~•If~•~t, com~l~,P, rnmpty ~.~zth Ar.d ah~.i~ n~• thi~ ~o~•enan[, or an}• part hereo[, ~did Mortg-
aRer may pia~•~ nn~i pav f~r siich in~urance or ar.y ~art thPrP~f u•tthnut w•ai~•~n~ or affectinR any option, li~n,
equitv or r.Rht under ~r t,~~ ~•;rtue uf th~s m~rt~aR~, ar~: th~ full amount ~f each and every aiuh payment shaD
~ be immed~ately duP and pa~-ablp nnd ~hnP b~•er intArrst tmm the ~iate ther~o( unt11 paid at the rate of ten per
~ centum per annum nnd toketh~r w•ith ouch lntere~t ~hall be secured by the lien o[ thla mortqaRe.
€
4. To perm4t, c~~r.:mit or vi:tfcr no a•a.~~e, :m~airment or deterioratlon of aald property or any part thereof.
~ b. To pay nll and sin~utar the ~oats, char~es and exp~nses, including resaonable lawyer's fees and cwt of
i abstract~ of title, tn~urre~i or Paid at Rny time bt~ said '.?t~rt~s~ee bei•aust end ~or ln the event of the fallu»
on the part ot Lhe said lior[RaRor t~ dnly, promp;h• and tully perforrq, dfechar~e, execute, effect, complets.
i comply v~-ith and abide by each and ~v~ry the sttpula{~~n~, aqreementa. condiUon~ and covenante of aa~d promis-
~ sory note, nnd thi~ mortRaRe, any or efthPr, nnd ~aid cnat~, charge~ and ezpense~, each and every, ahall be Im-
3 mediately due and pa~•aDle, v?•hether or not ihe~e be notue, d~mnnd. attempt to collect or ~ult pending; and th~
~ full amount of each anA ever~• such pay~nent shgll bear ~nterest tmm the dnte Lhereof un jl patd at the nte ot
~ ten per centum per annum: an~ all eald co~ts, chnrRes snd expense~ w Incurred or pal~ together wlth auch !n-
~ tenst, shall De secured by the Ifen of LAts mor:gage.
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