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Home My WebLink About0673 :••k 'whlwW~ti~+~'-~ti~?~k~ ~k~~~v'r?~?Sfi~ k~~~}00~ t: ~ _ 4.84.2..Q.0 STUART, Florida. _ . MaY 3. - lq_76_. ~ :j FOR VAIUE RECEIVED the nders~a~a+ to~ntiv a~~+ ~evP?ally, PROMISE TO PAY to the order of. _ ~.s~v ~ ~ - ~ - - - - - - - - - _ _ , ` ; E~UR THOUSAND__EIGH.T HL~HQRE~?_..FOR~X-~ _ , _ . _ ~OIIARS ~ i~ at Jensen BeaCh, Flox~ . or such o~her place as the holder hereof may designate in writing, together with interest from date at the rate of 10 per centum per annum e~ the unpaid balance until maturity. The said principal and interest shall be d~e and payable . In 60 (sixty) equal m~nthly installments of $ 102 • 88 (Dollars) •i includirxJ interest, ~ , The lst palmient shall be due on 6/6/76 (pate) ~ This ~te ~nay be pYep3id at any time without penalty. : ' .i 1! de~~utr be~ Tad~ iw 1 Q d~rs ~n m~ pay~•.~n~ ol ~nr ;n~r~Nm~n~ of w;ROCaI or ~n~~r~s~ o. any pue ~he~eo/. ~h• whol~ suT MM r~nw~e~nq i• ~npa~d ~n~~4 ~rteree~ ,~an ar h.etde•'s oo~~~ ~ecom~ d.e a.+6 payabl~ w~rhout nonc~. faJ,.~ ro e.erou sxh opnoe shall not c ~••r~ a waw~~ ol tM riqM ~o e¦e~rse rAe samr n~h~ ev~nt of ~..b~eq_ent eets~~~ A~!e. ma+~.~ty DoM ~•inc+pat and xu~~d ~~h.sft t~Nl b~~r ~nr~r~st ~u p~• c~ntum per ~nnwn p~~d. ih~ ma~~.a ard bndon~ri of M s aofc iu.~nn wa~v~ ~m~nd. not~c~ of non-pavm~nt and prol~st. II ~h:s nct~ no~ p+ro ~t 1nah:nty and tM sam~ n .i' ~tat~d w=rA an arrorr.ty tw collecno~. m~?cn a~d u+dasen h~rwf ~prN to paY •II cost~ of collKt:on. ~nclud~ny •H court cose~ ~nd ~eawn~bl~ Htorn~y }e~. i ~f ony ppymene ~c pp~d m~~e thon 10 do~s efter dub rnen. ~n odd~r~cn to so~d payment, rhe moke. sholl poy a IATE CHARGE of 54'p of tht pOymMf due 55.00, wh~cre.er ~s Iess. Thu provnr~n shol! n:! ee ccx+strued ro modrty the detauh Dre~n~ens hre~c or the mterest due olfer ~}ouH. t, i C O P Y SEAL) :SEAL) . . : ~.'hh~.kk'rl.,}•:•tir}~.'w.'-tir: ~.'«:«.s.,~...tir.•'.~".~":"M.~"}ti :wk'~-.'~{ ~.~~*}~h~?{ :rv :~tiM:~. . : titi•:h~tiM.ti{.:. :•4~-:-~}~:..:~{ {~}iro~: :~r'h~~}+. snd shall duty, promntly and ful!•.• ~ertorm, discharge, exerut~, efte~•t. ~nmrleto, romply with and abide by each and e~~ery the• st~pu2at3ons, agre~mcnts, ~ondttiu:is and ro~•rnants uf sa~d prum~s~nry r.ote and ot tftis mortgage~ then thi~ mortgage and the estate hereby created shall cease and be n?il! an~ e~id. It is underatood that each ot lhe wor~9. "note." '~mortRagor" Rnd "monRagee" respectively and the pron- oun~ refernng thereto, whether in the sinfiular or plural anywhere m thts mortgage, :~hall be aingvlar it one only and shall be plural jointly and se~rrally, if mure than one, and sh:tll be tnr~gculine, fem~nine and:or neuter. wher- ever the rnntext eo implies or admits. And said Mortgagor for hlm~elf and tus helra, legal representat~~•e~, auccessors and asalgrts, hercby coven- , ant~ ana agree~ to and v~nth said 1?lortgagee, his legal representat~ves, SUCCP9.90t3 BIId aS~Igl/!: 1. To pay all and singular the princips! and interest and the various and sundry ~ums of money payaDle D~ vlrtue ot ~aid promissory note, and this mortgage, each and every, prompUy on the days re~pectively the ~am~ j aeverally become due. 2. To pay all and smgular the taxea, assessments, le~~~es, liaDili!ies, obh~atiuns and incumbrance~ ot every 'I nature and klnd now on said descnbPd pro~+Prty, and. or that hereattrr may be impos~d, au[tered, placed, le~~ed ~ or assessed thereupon, and. or tha[ herea[ter may br lr~:ed or ass~~c9e~! upon this mortgage and/or the indebted- ness secUred hereby, each and e~•ert•, ~•hen due and payable acrord~n~ to law,~ before they become delinquent, j and brfore anp interest attaches or any penalty i~; ~ncurr~•J, and ~n so far as any thereof i~ ot record the ~am~ f shall be promptly sat~siied and disrhar~rd ot record and the onK~nal offuial document Iauch aa, for instance, the tax rece~pt er .he satisfa~t:on papPr of(,cially en~f~r:kd or certl[i~ci~ shall be placed 1n the hand~ ot said ~ ~iortRa~ee w~ihin ten da~•s n~xt 1f:er rsymcnt; and in the e~•ent that nny thereot is not ~o paid, satisfied and discharged, said DTnrt~;a~ee ~iay at any timo pay the s:?me or am• part thereM w•ithnut wai~~ng or affectin~ ~ any optsDn, lien, eq~tty ar n~tit tin~irr or b)' ~'~rtuP of thti, mnrt~aer, an~1 the full amount of each and every such pay:nent shall be immediately ~lue ar.~i ~~ay:~bie and chall bear inter~st trom the date thereo[ until paid at the rate of ten per c••nturn ~er annum xnd t~~~eth~r w~th su~h interest shall be secured by the lien oi thi~ ~ mortgage. ~ 3. To place and continuously ke~p on the bu.id:n~:s now or herealter eftuate on said land fire and windstorm ~ lnaurance tn the u~ua! ~tandarA p~G~y f~rm. in a Qum not Ic~v thnn specif~ed by Florida iSW...., tn auc?! cotn- pany or comp~ r:~rs as map b~ aF~pro~rd h} ~a.~l ~f,~rtra:r~•e: ~mi alI such insurance pn)iciea on any o[ a~tid build- ~ ings. any intPrest therein or E1art thereof, in thP n~~rr~ate sum afor~aaid or in exce9s thereof, ~hnll contain the usual standard 11nCfCAgPP ~faus~ mak~n~ the 1~~~9 ur.~i~~r s:ud ~wLries. each and ever}, payable to asid Mortga- ~ gee a~ his interest ma~• ap~ar. ar.,i Nach ar.d Pe•t~: h pnl~cp shall be prompUy dPlirered to artd held by said l1[ort~agee: and, not Irss than t~n da~•s in a~i~am~e nf the Pxpirat~nn of each policy, to deliver to said MortReRee a renetval thereof. tnQether w~ith a re~e~nt f~r thP prem~um ~f srirh r~new~al: and thrre ahall be no such insur- ~ ance placed on ary ~f ~aid b~:1~7in~;9. any int~~rest th~rF~n or part ther~of, unlea9 in the torm and wlth the loas pa~•able as atoresaid: an~i tn the e~-Pnt any sum ot m~mey bPCnmes payable under s?uh policy or policie~ said ~ MorLGa~ee sha11 ha~•e the npti~~n to re~eh•P and aFply ti~e sam~ ~n account of the indebtedne.s~ secured hereby or ~ to pPrmit sa~d ~tortca~or to re~ci~•~ nn~ u~e it or Anv nart thercot for other pu~oae~ without thereby waiving ~ or impairin~ an~• eqnity. lien ~r r,~ht un~er .~r by ~•~rtue of ttiis mortgaRe; and in the event said MortgaRor ahall for ~sr~• r~a;n:~ fa,1 tn kPOr tt:P sai~t pr•~nu=~~s 3n in~F~r~d, nr fail to deliver promptly any of said policie~ ot insurancP to sa~d ~inr!FaR~•e. ~r ful nromptlp t~ fntty any premiQm therefor, or ~n any respect fa11 lo pes- _ form. .li~char~~, P~cc-u.e. ~~ff~~~t. comPletr, romph• tcith er.d aAi.f~ hy thi~ ~o~•enant, or any part hereof, ~aid 11Sortg- ~ aRe~ may ptac~ and pa~ inr snch inaurance or an~• part th~rPnf with~i~t w~aivmg or a[[ectinq nny option, li~n, equity or r.Rht under nr by .,rtue u[ t!:~s mort~aKe. ar~l th~ tull amonnt of ea~h and every auch payment shaU o be immed~a!ely due 8?lA p8C9Dlp q(fiJ 9hAI) bPAi Sfl[o~PSL I~pRI the date ther~ot untfl paid a[ the rate ot tm per centum per annum And tnRPth~r Kith auch lnterest shall be secured Dy the lien ot this mortgaRe. ~ ~ 4. To permlt, c~mmit or ~utfer no K•a.v;e, ~mpa~rment or deterioration of aald property or any part thereof. ~ b. To pay nll and ~in~ular the rosts, char~ca and expPnses, includ~ng resaonable lawyer'a feee and cost of ~ ab~tracts ot tiUe, tn~urre~i or paid at any ttme by aafd :?inrtgeRee becsu~e sndior tn the event of the fallur~ ~ on the part ot the said MortRaQOr to duly, promptly and tully pertorm, diacharge, execute, etfect. complete. ~ comply v~-ith and ~bide by each and evPry the sttpulation~, agreementa, condiUons and covenanL of ~d promis- ~ ~ory note, and thi~ mortRa~e, any or eithPr, and 9AI~ co9t~, chargea and eapenaes, each and every, shall be Im- medintely~due and payable, v~hether or not there be notue, demand. attempt to collect or sult pendtng; and th~ a full amount ot each anA every ~uch pavment shall bear ~nterest trom the dsts thereot untU psld at the rate of ~ ten per centum per arvium: and nll anld coste. chnrRes snd expease~ ~o Incurred or pdd, together wlth ~uch in- ~ terest, ~t~all De eecured by ths lien ot fhls mortgage. ~ ~ s E..~ ~G~~ f~?G~ V~ ~ x ~ , ~ ~ ~ ~ - - . ~ _ - - _ . , _