HomeMy WebLinkAbout0076 :•~hti~'h:•~tiv: tih v{ tiw-{w~ti•fi~~ ti~ti .'~rti-: :•ti•~ti~-v~titi~tiw ~h.~ ~'hhkh~vv.}ti vfititi•:-~k'-tikhww'h titifi~khhti.}•: i~v~C titi+.'~rtiti~~kk'hk~+}~'~?~t '
~i..S _;3 ,J~_,1.c~._. 5TUART, Florida, ~ 20 1QCZ-- -
FOR VAWE RECEIVEp, the undersigned, ;oimiy and severally, PROMiSE TO PAY to the order of
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hereof may designate ~n writing, together wi~h interest f rom date at the rate of per cen!um per annum on the
unpa~d balance until maturity. The said principal and interest shall be due and payable • „ .
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; II deie:ir oe miae for daYS ~n r~e car~^ent o! a~Y ~mtaU~eH of C~,^.c:pa~ or ~n+r~est o+ anr ca•+ ~hcrcof, rhe w~•ots svm r1+rn •ema~n~nq
.~npa~d +~.r*: ~~~re~eet +~:a~l a~ ~c+de~'s ~p~•~~n t~c:.me d..e a~d pay~ble w.~hwt noT¢e. fA~!•_~e to e.erose s~ch option s~~a~l nct cR~i~~~~~a a xe.~e. e1 the r,p~t ~
r_ e,erc~se rhe sa~•e .n Me evenf o4 :~.~bscq.;ene oeliuh Af•e. mse„nry bofh pr~nc:;~at and a:cr„ed ~Mereat iha~t bear ~ate~ne a+, ptr cert~vm per an~~,m
}.nf~i pa:d. :~e m.11t•f a~d er±o~srn ef t!+-s notr hr~i~.er w~~r~ demand, nohce Of n~n-paymlN a~d protesf. 1f 1h~s nc+e ~s no~ F+~d a1 mat„nry artd tA! sdT! ~s ~
•j o~a[~d w~•~ an sne~ner for cot;ecnw,, tns ma~en and endo~~NS Rereof •prN to DaY cous ot coltect.pn, ~n!'ud~np eii :o..rr coah and reawra6l~ a~romeY iees. ~f
•i f om [,~,m~..t ~z p~.d m; rc tho~ 10 :1o,s af~er d..e the~ ~n odc:,n:•~ ro so~d txirme~t. me maker sha0 pa~ a LATE CHI~R_:,E of 5~'0 of the poyment due
•I ~ SS J:1. ~n:~he:c. ~f Itss. Thn p'cv s~:~ cnall n~t Le ton;trutd ~o m:4~1y !he Jefault Pr~ws~om he•e~r cr fhe ~nle~eaf Uue o1te~ def~ult
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end sh:~il ~iuly, promp;ly and ful!}• per:orm, dis, har~;e, ex~~r~it~. et:r,•!, r~~m{~l~t~, ~•~~n;~~1y w~th and abide by each
and e~~er}• th~~ si~,~u;a::on,, agre~•m~~uts, run.fit~:~:~s :~rd ro~'Pnan!, „t s:t,~} E~n,::u;~ory note and of L1us Inortgage,
*_h~ n thas m.or'~;age xn~i the estnle heceby ~ reatr:i :h3?1 cease .u:d L<• nuli an:s ~ o: 1.
It ia i~ders!osxi that each ot the ~~or~1s. "no:P." "mort~akor" and ';mnrt~;:~~;ee" res~ecti~~ely and the pron-
oiins refPrrin~; thereto, ~a•hethcr ~n the sin~~lar ~r ,~I:i:al an~~~hrre in ~hlg mnrik.;~e, r!ha!! t~e s~n~ltat ~f ~~ne oNy
&nd shalt Ge plural ju:ntlp and se~'~'rallJ•, it m~,re tt~an on~. ar,d sh:?U he ui~scul~ne, femtnine and'or n!~uter, v~her-
e~'er the cun:ext so implies or admits.
And said Mortgagor for himaelf and h:s he:rs, legat rrpresentnti~es, succe:~~ors and ~vsigns, hereDy coven-
ants anu agrees to and w-:th said biort6agce, his legal Cf~ rr.C'lt1t~~'es, sur~~~~ssors and as.vigns:
1_ To pay all and singutar the pnnctpa! and interest and the vatious and sundry sums o! money payable by
virtue of said promissory note, and th;9 mortgage, each and every, promptly on the dayn respect~vely the s~tne
se~~eratly become due. ' -
2. To pay all and sinRular the tax~•s, as9es~mf•nts. 1~ 1~aD~A:ies, obti~;ations and incumbrances of e~ery
nature and k~nd no«• on said descnbrd ~,ro[~rr:~', and or t~:at h~r~aftrr may be ~mpuse~l. sufferPd, placed, !e~•ied
or assessed thereupon, and or th3i hereaftec rc::ip hr !~•~~x~i ~+r a: -•~:tie~f iipon th~s m~rtgage an~l or the indebted-
nes~ s~~cured herebp, ca~•h and c~'ert', ~~•'~~n ~l~~P an~f p:+~ablr s~~rnr~i:r.~ t~ law, brtore they become del~nquent,
and b.•fore am interesi attach. s or an~ F~~natt} u:~ ~~rrrd; aml in ,o far as any thercof ~s of record the same
shali be prompth~ ~3:ufied and ~1;~~~har~N~! o( r~~~~nni an~i the nr:~-:nal off~.l:il ~i~cument ~such as, f~r instance, "
,hP tax reccipt er ?he ~a[:~fa~ L•nn pa,~Pr ~.Cf~c~i:tlly en ir~r.;.•d or ~~•rti::~~~i~ 5!:RII be placc•d fn the hands of said
JtortKa~•=P w-i.hin ien ,'.~~•s r.rxt :ift~•r ~~aym~ne; and in the c~~en: that an}~ thrrt•ut :s not so pa:J, satisfled and
d~~charKed, said \S~~rt~:i~ee ria•.• at an~~ time p~~• th~ s.imr ur an~- part t!?Pr~~nt w~~Lhnut u•a;~-in~ oe affFCting
an~• opt:nn. t:en, eq•i:t}• or ri~;1:t ~ic:~irr b~• c:rt:i~~ nf ;s n:+~r!~:iR~•, hn~2 the full amnunt of each and every
su~~h ~~:?}•ment ut,a11 t,i~ ::r.r.:~•<3:at•1~: .f:i~~ ar.•f ~•a}~:~h.r ~n~i ~it i~cir ~n!rr~ ~t fr~~ru thE• Qate thPreot until paid
i at the ra;e pf t~•n pet ~'~•r.tu:n ;~~r a^nir.n at:i~: t~._~•th~•r ~citli ~uc•h mte~re,t ~hsil b~• se:ured by the lien of thie
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3. To pIace and cont:n~i~u;t~• ke~ p ~n the hu.?~l:ci:~9 Ri~~ti tt~ hC['Ca~iPT 91LU8LC Otl 931d I3tld t~TC 871(~ K'1?1(~StOTiYI
,._,+n~t~r~i ~{i~~~• f~~rn:. i~ x~ur~ n~~ If59 thln S ~~aX11IIUIf1 In such com-
~ insurar.c~ in the u~ua! r~ !
~ pan}• or co~n;~' , a> r?:a~~ b~• :+n;,r~~.~•,i ht• .•a.~l S1~~r•_:~.-, e. .~r: i:it ;u~h insur.:nc~P p~licics on ar?y nf sa~d bu~ld-
ingw, any int~reat the-e•.^, ur ,~ar? there:~~. ~n th~ :t,c:r.~.•.:'e sur.~ .•~fnr~•~?i~j ur ~n exceys therrc.!, shall contain the
j us~zal stan~iar~t :i~nt-+_a~~.~ ,•Sa:~s..• mak,n,, ti„~ l~ ur ,:~•r a~u~i ~u!i~•:••y. c:?~•h end erers. Fayable to ~aid binrt~;a-
j ~ee a~ h~3 :nt~n~s; rna:-. arprar, xn.i ~•:tch a::~i .~~.•~-r h f~;:~'~' :+hiI! h~ pmmptl~• d~ln•ered to nnd held by said
~ bi~rt~a£•~e: a::~i, n~~! Ic~s thln t~n ~lavs in :i~t:an~~ nf t!~e Nxr~rat~,m ~f .ach policy, to deliver to said btort~aeee
A renr~•.va! thereo!. t~~eether ~r~th A rFr~lt~i f~~r thr rr~•n~nam nf v~i h r~nP~~•al: xnd th~re ahal! be no sucfi insur-
an~~F :•l:icrd nn an~• nf ~aid b~::l~l~r.~;v. an~~ intrr.•s! t!~~•r~:n r,r nart ti~er~•of. unlcs9 in the form and with the 1~9s
! pa~•a}~le as ef/!~~c1t~:: a[1~1 in the e~:~nt :in>' ,um ~~i m~~n.~c b~~~•~,mra F~a~~ablr i:ndPr a~tCh pulicy or ~tic~ea sa,d
! ?Vi~~r',at~e~~ ;hall ha~•~ :hP n~ U~,:~ :r~ rv•r,~:.~~~ an~l :~,~4~!•: i! e~:n~., „n a~•~~aunt of the indeDtednesa secure~l hereby or
i t~, n~•-;::~t ~ i:+i ~1~rfeaCnr to n•r.~i~•r ~n~1 i! ~r an}• t~1r: ther~•~~t i~r other purpnae9 k'ithout therebV u•tu~~ing
or :rn^:+iriny; an;: ~~u:tv. lien ~r r.rhF ur.~lrr ~:r by ~•irtu~ c~f t'~~:+ r:i;~rt~;a~e; and in the e~~ent said ~iortFa~:or shall
' !nr ~r~• r~~a- f~i! tn k~••n the ~a 2~r.,^::~. ir.:~ir~,i. ~~r fail t~ dPli~•Fr nrnmptly an~• of $AS/~ ~lirles ot
, insur~r,c~ +n :r:~1~~ P. n- ::tc! ~rnmr-r;v t~~ f~:!ly 1n~• pr~snium thercfnr, or ~n ant respect tail :n per-
for:n. ~lic,-har~~, ~Y~~~u;.~. .~'i~•rt. con:r.3rt~, cnm~t}• ;~•:th ar.,i ah<<1~~ ht' ih~s rut•pnARt, or ant• [~F?rt hereof, said ~for'K-
a~eF aiav p;a~~~ an•i :ia~• f~~r s~uh in~~:rance nr xr.p ra*! !':r•rr::.' :.~chn~it u•ai~•~r~ or a!fert~n~ any uPLi~~n, liPn.
eq~nt ~ or r.:~h[ ua~l~•r nr i~~: r:rtu~ ,~f t':,s m~rt~a~~~. aa.,! th~• full asr.ount n( e;?rh and evFrV atich pa~•ment ahall
be imme~3ia!~iy du.• an~1 pa~~ah'P An~l ahalt~ b~~nr tn~~r~~t from thP ~lnte ther~~f until plid xt t'~e rate of ten per
, centum ~er annur-i nr.d t~~•-ih~r ~rith :+u<~h tntere_t shall be sec:ired by the Iten of thls mort~aRe.
4. To permlt, commit r~r s~~ffer n~~ ~~•asce, ia:; 3;rm~•nt or deterioration of safd property or any part thcreof.
5. To pay nll and vineular the ~~~?ts, thar~es an,i ~xp~n~es, inNud;nR re~qonaDle IAN'~•e~s fees nnd cost of
abs:raclc of Utle, fn~urrrd ~~r ~a1d at any Un:e b~~ a:?+.d ~t~~rt~aFee b~~•RU9P and-or in the e~•ent of the faflure
on tY,e psrt ot Lhe satid btorts;et~nr to dol~, pmm~?lt• and [ul]y peKorm, dt~char~e, eaecute, etfect, complete,
comply «•ith and abide by each xnd e~•rry the sttnulaU~ns, s~rPemen[s ~ondittons and co~enanta of qatid promis- -
' eory nnte, and thi~ mort~;xRe. Rr.y or eithrr, ru~d 9aid ~uat~, char~es and expenses, each snd every, sha11 be im-
med~atPly due t?nd pa~~able, w~hech~r ~r not there he not~ce, d~mand. attempt to co:lect or ~uit pendin~: and the
, full amount of each and e~•Pn• such pxymrnt shall hnr?r interPat ftom the date thereof unttl pald at thP r8te ol
' ten per centum ~er annum: and all qatd co~te, chxrRe~ snd expenses eo ~ncurr~ed or pa1d, together v?-ith euch 1n-
I tereat, ehall De aecured by the llen o[ thts mor:gage.
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