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HomeMy WebLinkAbout0691 i ~~Q~'~ ~.~'~•~w~ vtifi'~'~~ ~ti1}~"~~'~'~ ~L . •i S . STUART, Florida. . _ . _ . i FOR VA~I RECEIV th_ ey_ndersio~P~ joinllv w~~1 cevP•a!!y, PROMISE TO PAY to the order of . t3ANK - - _ _ _ . - - - DOIIAR$, - _ - - . - - at Jensen BeaCh, loS~d. . or su other place as the holder hereof may designate in writ~ together w~th interest from date at the rate of 10 per ce~tum per annum on th~ ~ unpaid balance until maturity. Th id principal and interest shali be due and le i, In 60 (sixty) eyua thly instalLnent $ (Dollars) includim~ interest. ~ ; ~ The lst payment shall be due (Date) ~ This note may be prep ' at any time w t penalt Y• :i: i. t~ de/aul? be ~sd~ to~ 1~ dara in r asym~nr of Iny imf~11mM1 0~ a~~c~p~l pr mr! pr ~ny p~rt thereof. 1R~ whol~ svm fhM r~main.np _ .;npa~d w~~ti ~nrerea~ N ~.clde••s op~~on b~ca ve a~a p~vabb w~r?~p~t not~c~. fa~l~.~ ro e,erca~ x opr~on ~hatl ro~ co~ ^.b • wvwr of M~ riqM ~o eaerose ~~e sa.-•e ~ m~ ev~nt of s~baeq_av+~ au~~. Af+e. marumy boM p~nupal and accrwd ~nrern~ sha~ ~n~er~u a< <L~ pr centu+n per a+u~om ~j .~n~ pa~d. Ihe ma?~n ~nd endoners oi t~~~ re fwthe+ warvs de~n~nd. nohc~ of noo-p~Yment and pot~~t. If ~h~y r~ ~s no~ pa~o ~t en~t~n~r an0 MN u~ is •i• ptKb wrtA an arwrn~y fw collea~on, ~ ~k~rf and ~ndo+~era Mreoi ~9rN ro p~y •II co~H of col!~ceion. •nc!ud~nq • a:~t cwb ~nd r~afon~bR ~tforn~y ftes. ~ y pOymM1 ~s po~d mare tho~ doys nlte• due ~nen, ,n oddmon to smd me~r, rhe r.wkc. sho!1 poy a IATE itGE ol 5 if on por 4p of th! poyrMnf due 'Z SS.00, ~h~che-er ~s kss. Thi ov~s~~ shot! n; r p~ construeO to mod~fy the defo.~lt pro.~irons he~e~r o~ ihe ~nfNest offer defoulf. ~ _ C O P Y SEAL) :i , L) »:•ti+ti"%~}}+kkktit~tiSC-~.'~?~:-{»:•~«.ti-:»:-ti' }tih'-~:w: fi-h'~s~.'?ti'~.'~+~hk'h?-.''w'~4~h'~M.~ • .'~.~:-~:~:-stivti {~-.~M:-fiz ti»:w ~'.~+~.titi~:-~.k~.'~vtfi+~ and shall duly, promptly and fully p~rform, discharRe, exec,it~. etfert, com~teto, ~nmply w~th and abide by each and e~'er~ thc st~pulauons, agrecmriita. ronditiuns and covenants u[ s:ud prun:,ssory note and of ttu~ mortgage. then this mortKage and the estate hereby created sh:?11 cease and be nWl anU ~•oid. It understood that each ot the worJ~: "note." "mortgagor'~ nnd "monRagee" respectlvely and the pron- ouns referring thereto, whether m the s?n~ilar or plural anywhrre in thla mortgage, ahall be s~ngulat f[ one only and shall be plural jointly and sev~rally, ii mure than one, end . sh:ill be inn.v~uline, [eminine and!or neuter, wher- e~er the context so impl~es or admits. Md ~a3d Mortgagor tor himselt and his heirs, Iegal representati~e~. ~uccessor~ and assig=f~, hereby coven- anL~ ana sgreea to and nnth said atortgagee, his legal representat~ves, succes~ors and as~igns: . 1. To pay all and aingular the principa! and interest and the various and sundry sums o[ money payable b~ virtue ot said prnmiasory note, and ttus mortgage, each and every, promptly on the daya respectively ths sam~ aeverally become due. ' 2. To pay all and ~?ngula~ the t:ixes, bssessmPnts, le~ics, liabil~ties, obli~atlon, and fncumbrances ot every ~ nature and kind now on said descnbed property, and or that herealter may be imposed, auffered, placed, levied or assessed thereupon, and%or that hereetter nisy b.• h•~•;ed or ass~~c9e~f upon this mortgaRe and/or the indebted- ~ ness secured hereby, each and ererr, ~a~hen due and pTyable ac~hrd~n~ to lew, be[ore they become delinquent~ ~ and before any interest atiaches or anp penalty is incurr~~d; and ~n ~o far as any thereof is o[ record the sam~ ~ ahall be pr~mpUy sat~sfied and d~schar~rd of record and the on~inal oft~cial document lauch aa, for instai?ce, ! the tax receipt or the satisf~ct.on paper officiatly en~inrs~~d or certifieci~ shall be placed tn the hand~ of said ; \iortRagee w~thin ten dT~s n~xt after Payment; and in the e~•ent that any thereof is not so paid, satisfied and r discharged, said 1ltortR~~ee may at any t~mr pay the s;ime or an~ part there~( w•ithout wai~~ng or attectin~ any optiDn. licn, equity or ngltt un~iFr or b}• ~'~rtur this m~rt~aQe, xnd thc full amount of each and every ~ sach payment shal! be immediat~ly due and payaAle :?nd ahalt bear inter~st from the date thereol until paid f at the rate ot ten per ct•nturn per annum and t~~~eth~r w~th such mtere~i ahall be secured by the lien of thi~ ~ mortgage. ~ 3. To place and conUnuously kerp on the bu:?d~n~s now or hereafter attuate on said land tire and windstoem in~urance in the usual standard pnL~y form. in a sum n~t fess thwn ~ecified by Florida 18w...., In auch com- ~ pany or comp~~i~•s as may bc ttj~~r~.~•rd bt• sa;~l ~Tnrt~~c~•e: xmf ~11 such insuranre p~licies on any of anid build- ing9, any intPrest therein or part there~f, ~n thP nrFr.~y~ate sum aforPVaid or ~n excess thereof, ahall contain the ~ usual standard mnrt~a~ee rlause makm~ tt,e l~~~v ur~irr ax~d ~wLcies, each and every, payable to ~aid Mortga~ s gee a~ his ~nterest ma~• appear, an,i F'RCII a!:~~ P~'n;~~~ su~ h p~~Sic~ ahall be promptly deLvered to and held by said ~ Mort~agee; and, not less than ten days in ad~•arn-e of the Pxp~rat~~r~ of each pol~cy, to deliv~r to said MortRaRee a renewal thereof. to~ether N•Ith a rece~pt fnr thP prPm~um nf an~h r~n~wwl: and th~re ~hall bc no auch ineur- ~ ance placed on anp ~f ~aid bwldinKs. any ~ntt•rest th~rein or ~art thereof, unlev~ in the form and with the loa~ s pavable a~ aforesai~f: and ~n the e~•Pnt any sum of m~~ney b~come~ payabl~ under si~ch pollcy or policies aaid ~ Mort~;a~ee shall ha~-e the opti~~n to rece~~•e and z~pl~~ tl~e sam~ ~n account of the indebtedness secured hereby or to ~rmit said :liort~a~or to rP~ei~•P nnd u~e it or any ~art thercof for other purno~ea without thereby waiving g or ~mpairin~ an~• equity. lien or r.~: i undcr nr by ~•irtue of ttus mortgaRe; and in the e~ent said MortRa[;or ahall ~ for ar.y rP:ts~n f:~~l [n kP~p the ~airi ~r•~m~q~~c sn in~tir~d, ~r tail tn delf~er promp[ly an~ ot said policies of ; insurancr to sa~d \t~rt~aR~~e, or fail ~rompUv ta p•~y inlly :u~y premium thereMr, or in any re~pect tail lo per- form, di~char~P, excrute. c•ffe~t, comp)etP, comply «~th and anide by this covettant, or any part hereof, aaid Mortg- aReP may pla~~ anA pav fnr s~~ch inaurance or atty (+art thPrPn( u~ith~ut v?aiving or nttectinq nny opti~n, liPn. ~ equrty or r.Rht under ~r b~ ~•irtue of this mnrt~aRe, ar~l thc full amonnt of each and every auch payment +haU e be lmmedia!ely du? anA pa~•able nnd shal! bPar ~ntprest from the date thernot untll paid at the rate of ten per ; centum Ewr annum wnA to~eth~r with s~ch interest ahall be aecured by the Len of thle mortgaRe. To permlt, commit or 9ll{{PP no K'a.4ie, im~+airment or deteriotation ot aaid property or nny part thereot. ~ b. To pay all and singular the co.ts, char~es and expenses, includtng seasonable lawyer'a feea and co~t o! ~ abstract~ of title, tncurred or paid at any ttme by ~ald ]?tor.~;aRee because end~or tn the event of the falltur on the part ot the said ~tortRa~nr to d~~ly, pmmptly and [ully perforrn, dfscharge, execute, etfect. comptets, ~ comply v~~ith and abide by each and evPry the sUpulationa, agreements, conditlons and covenanb of ~d promfi- ~ sory note, and this mortRage, any or either, and sxid M9~A, charges and e~cpense~, esch and every, ehall be Im- ~ mediatNy due and payable, v?hether or not there be notice, d~mnnd, attempt to collect or ault pending; and th~ a Nll amount o[ each anA every ~uch pRVment ahall bear lnterest from the date Lhereot unt11 pafd at the rate ot ~ ten per centum per annum; and all satd costa, charqes snd eapense~ w Incurnd or pda together with wch 1a- ~ terest, shall be secured by ths tten ot thie mortgage. s ~ t • r: ~ E . = 2ti~ FacF ~ ~ ~ • ~ ~ - = - _ w ~~~~=,~~.r_.~ ,_y.. . ,~..~w,~ -