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HomeMy WebLinkAbout0686 :w W~h~rhti~h}r+ti'w~1~h'w~ti~'htiti'w~~htiC-rti~kti~k~?~hYtiMWw~r}fititi~ti~ v~tivr~A~W~+~ti~h'wh~vwT{wkhW-0~JbO~~P ~ - - STUART, Florida. - - . . _ . ~ FOR VAL ECEIVEO the unc~eis+o~P~ ~ointiv cevP~afly, PROMISE TO PAY to the order of _ ~K - - QOLlARS, - - - _ _ _ - - . _ . _ . _ . . _ - -2 at Jensen Beach, loXxda or suc er place as the holde~ .j_ hereof may designate in writ~ together with interest from date at the rate af 1~ r centum per annum on the unpaid balance until maturity. Th aid pri~cipal and interest shall be due and p le ~ In 60 (sixt ) y eyua thly installnients $ (Dollars) including intere~t. X ~ ; The lst payment shall be due (Date) ~ This note may be pren ' at any time ut penalt . = Y IF de~r Ir be ~^+de !or ~ i 1 Q dsvs •n f ayn,ent of •ny In~t~llm~nt of p~.r.opal or me ar •ny p~rr ~~ertof. tM wMle wm tA~n rtrey~mnp ~np~~d w~+h ~~re.e+r ,~ai1 af tude•'~ op+.oe txcom ve a~.d p~~a61~ w.eno~t no~•ce. i~,l~.,.• ~o •¦~rus~ s oo~,on shs71 np~ c •,.q a wnwr ol M~ r:qht _ +o t~ea~~se e~e sr^e ~ Me event of s.:6uct_en• au~r Afr.. rna+urny boM pr~nc~pal ~nd acv~ed ~nrerest tihN s. ,~reres~ a~ psr CfnWT p~r annum .~r,~ p~~d. Jh~ m~~ns acd endorssri c~ ~~•s e lu.~~e. wa~ve dema~d, nonct o( non~payment sea protest. 11 Th, ~i ,b~ pa~tl ~r mawr.r~ ~ th~ um~ ~f •t p1xN r.~iA an an~rney (w coliecoon, tr• ers ~nd MdOrfN• h~reof sprN to pay all co~h ot cot~~ct~oe. ~octud~np ~ o.r~ coats and ~ta~onabN •nun~Y fe~s. 't ony Doyme~+ ~s na~d m~re ~ha^ 1 ya ofre. d:.e •ne~ ~n cdJ.~~on smd poymene tne mott~ shoit p~y a lAT f1GE of S~ of ~he poymMt dut ~r 55.00, ..h~chc•cr ~s IKS. Th+a ~~•s~o~+ inoN nm be c:~~str~eC ~o m~d~ly fhe Qetoulf pr~~::s,ors here~r er fht .nfe~est ottly dlfoutt. .t ~ 'i C O P Y SEAU . L) . . hkk«:~: ~.'w'»:-titi•:•fi-:».k : 3fi :ti-:• . .-:~:-tikkti+.'-•hti :'~r~:w'w: },:~•:»:~ti : . 'rv-:~.,..;..: . . . :»:~-:-:r:~{-{ ~i-v~:W~.'~-h'~., and sh:tll du1y, promptly and fulh• ~rform, dis~harKe, exrcut~•, eff~•:•:. cnrc~f~l~tr, ~•nmp;y w~th and ab~de by each and e~•er~ ,hr strputa;ions, agre~~mrnis. ~ond~t:uas and co~•~nants uE s:ud ~ r~,n:~ss•,ry note and ot thi~ mottgage, Lhen th~~ mortKage and the estate hereby ~ reatrd sh~ll cease and be null ana ~ oid. It ~s understo~d :hat each ot the «nr~~, "note." "mort~agor" and "rti~rtRnKee" respectf~•tly and the pron- oun~ refernng there[o, whether ~n the s~nl;ular or plural ar~~~x•here in tht9 m~~r,gage, ahall be singular i[ one only and ~hail be plural jointly and se~~~rally, ~t ma,re than one, snd 4hall tx~ inr~qculine, teminine and: or neuter, wher- erer the context so implies or admits. And said Mortgagor [or him~elf and !us he,r~, le~;al rPpresentah~•es, vucceasors and a~igns, heceby coven- ants ana agrees to and with ~aid 1?tortgagee, hts legal repre~entat~ves, succ~ssorv and ass~gn~: 1. To pay _all and singular the principa! n~d intere~t and the vanous ar.d aundry sums o[ money paysble b~ virtue of aaid prorrus~ory note, and thla mortgage, each and every, prompUy on the daya re~pectively the aam~ ~ aeverally become due. 2. To pay all and a~n~{ular the t:ixes, assPC~m~~nts, 1~~•t~~9, IIBD~~IhP.Y, OhI1~RCtOR9 8Jld incumbrances ot evet~r nature and kind now on said descr:bFd ~roprrt~•, en~1 nr that hereafcer may be imposed, auf[ered, placed.ve~led or assessed thereupun, and or that hcreaf?er n~:t~• A~ 1~•~•:ed or a~s~~ased upun this m~~rtgaRe and%or the ind~bted- ness secured hereb~•, each and e~er~•, u•hen ~.i~+e and ~~:+}aDle ac~hrdin~; tn lavr, hefore they become delinquent~ and brfore any interest attarhes r~r :+n~• pen~itp i; ir.currr~i: an~ in ao far a.r any thereof ~s o[ record the ~am~ sha11 be pr~mpUy sat~sfied and d~s~~har~ed ot rec~r~i :ind tn~ or~~;~nal offictal d~cument (euch as, [or iiutance, j ;he tax receipt er :he satis(:~~tx~n pn~ Pr offi~ia::y en s~~r:~.~~1 or <<•rtlCi~dl shnll De placed tn the hand~ of ssid ~tortRa~ee w~th~n ten ~~a~s n~xt af!cr t~zy:n~•nt; and in the e~•ent that an~• therPO[ ~s not so paid, astisfied and discharged, said ~tnrt~a~ee ma}• at An}' t~mP pay thr s.inu• or an~• part thPre~~+( w•lthout wanting or atfectin~ , any opt~bn. licn, equ:t~ ar r:~;ht un~2.~r ~~r b~- ~irU~~ of th:, m~rt~;a~~~, xnd lhe fldl amount of each 8nd every ! such payment sh:+ll b~ imm~~~iiatFly ~iur a4~! )~ay:ih;c .inJ cha{! benr ~nter~s? fmm the da[e thereo[ un[il paid f at the rate of ten per c~•n!utn ~~r annum and tn~;ethr~r w:th such ~nterest shxll be secureei by the lien of thi~ ~ mortgage. ~ 3. To place and cont~nunusiy ke~p on the Au.id,rics n~~w or hereafter attuate on said land fire and windstorm ~ lnsurance in the u~ual ~t:inrlar~l ~oli~ y f~.rm, 1n a auri ftnj IPS9 than ~~a ~DY~dB ISFI. In ~uch com- ~ pany or com~~• ; ~s n:a~• b.• a,~,^.r~~c~•.i h~• ~:;..~1 \t~~r!;;~c~ e, an•1 atl yu~-h ~nsurance policies on any ot ~aid build- s ings, any ~n tPrest ! herein or Part t hPrec~~. ~n thP £!_'~f.•J:tIP sum a:orrva~d or in excess therenf, ~ha ll contein t hs ~ usual s:anrian.! mrrt,agrP rla:~;~~ mak~n~; t?~~ I~ ~a u~.~?~~r s~u~i ~L•ri~s. earh and even, pa}•able to said Dtoctga- i ~ee a~ h~s ~ntrres[ ma~ app~~ar, ami ~•:u h a~:.l h pu::~-~• ahap be prn:r.~tly dP6~~ered to and held by eaid Alort~aRee; and, not less than t~n da~•s in a~i•; arn e nf the oxp~rat~~n of each poGcV. to deliver to snid biortgaRee ~ a rene•.~•al there~~f, toeether ~~•~th e rereint f~.r thP PrPmuim nf a~„•h r~n~wwl: an~] thrre ~hall be no such insur- ancr placed nn an}• ~f ~aid buil~iin~;s, any :ni~•rrst th~re~n ~r ~art ther~~bf, unlevs in the form and wlth the tos~ s pa~•aFde as aforesai-l: an~i ~n the e.•~nt any sum of. m~~nF~ br~nmea payable und~r sitch policy or policie~ said ~ bi~rt~a~ee shall ha~~e the opti~m to !Pfel~'P and ~rpl~• U~.e ~am~~ nn acrount of the fndebteAnes~ secured hereby or ~ to nPrmit ea.d ~inrr~a~r~r :o rp~ei~•~ 1n•1 u~P it ~r am• ~art therc~f far other purPose~ without thereby waiving ~ or im~airin~ a~~ e~i::ty lien ~r r~ht ~;ndcr ~~r by ~•irtue nf tliiy mnrtKa~e: and in the e~ent said MortgaKor ahell ' for arp rt~~=~~~ (a~1 tn kF~F tF~ s:~i,! ~r•~r.:;c~•s Qn m~+~r~d, ~r fail !o deliver FromptlV any of 'said poltcie~ ot 's lnsnrancP tn sa~z~ ,l;nrt~1¢«•P. f:tsl ~~rn-nF~tty t~ f~,ily :u~}• premium theret~r, or in nny re~pect tail Lo per- form. ~licchar~~. exr.~ut••. ~~ff.•ct, com~l~t~. ~o~npS}• u•ith Ar.d aht.le Cy this ~o~enant, or any part hereof, aeid ~tortg- ~ a~eF inay plaro ar.+i pav fnr su~h ~n~urance or anv part th~rP~( ~e~thnut v~:ti~m~ or affectinR any option, 1i~n. ; equity or r.Rht und~~r nr b~• ~~~rtue u! t!:is mnrtfia~e, ar:•1 th~ fuU amouM of each and every auch payment shaU ~ be immed~ately du~ an~i pa}•able nnd QhAll bPer in!••rPSt from the dete therrnf untll paid at ihe rate of ten per i centum per annum nn~i toKeth~r K•ith vi~ch tntcrest ahall be qecured by the lien ot this mortqa~e. 4. To pcrmit, comm~t or 9uffcr no w•~a?e. ~m, airment or deterioratton ot ~ald pro~erty or any part thereot. _ b. To pey all and sin~ulnr the ~oats, char~~s and expPnses, includ~n~ reasonable laKyer's fee~ and cost of ; abstracts of tiUe, Inc=~rred or ~aid at any tt:tie by sald !?tort~aFee becaux and!or In the event of the fallur~ 5 on the part of [he snid 2ltortRaknr to dul~, promptlv and tully pertorn~, dtacharge, execute, eftect, complete~ ~ comply v~-ith and abide by each and evPry the sttpulat~on~, aRreementa. ~ondiUon~ and covenante ot aaid promli- ~ aory note, and thi~ mortRaRe, nr.y nr eithPr, and swid costa, char~e~ snd expenaea, each and every, shall be fm- ~ mediately due and payRDll, K•hether or not there De not~ce, d~mnnd, attempt to collect or sult pending; and th~ ~ full amount ot each and every auch pa}~nent ahall bear interest tram the date Lhereot untll pald at the rate ot F _ ten per centum per annum: and alt eatd ro~te, charges and expensea ro lncurred oc pald. together wfth such !n- ~ tereat, ~hall be secured Dy the Ilen of thfe mortgage. ~ - ~ ~ ~ ~ ~ ~ g F~=~ P~i~ ~ r ~ s~.. - - : _ '"~-r; c ~ ` _ _ _ , . _ . ~r. r~~~.