HomeMy WebLinkAbout0224 a~~J~80.4~6 ~
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•i s - ~ STUART, Florida. - _ -
FOR VA RECEIV th~,~nd~rsia~~ jointiv r•+~ ~ev~?ally, PROMISE TO PAY to the order of _
rif~ivlC
- - - _ - -
- - ~ - DOIIARS,
at Jensen Beach, lox~d_ _ o~ su ther place as the holder
~i hereof may cfes~gnate in writ~ together with interest from date et the ~ate of 10 . per centum per annum on tht
unpaid balance until maturity. Th id principal and interest shall be due and ~e
~ In 60 (sixty) equal thly installment $ (Dollars)
; including interest.
The lst payment shall be due (Date)
~ .
.1 This note may be pre at any time wi t penalty.
t de/~ut~ b~ ~ad~ Iw 1 Q . d~n ~n v+rmM~ ol MY intbllTMl oi p~nop~l or ~nr~. er ~n~ p~r~ ~6eno1. M~ whot~ sun, ~h~e, r~~n~~n,r~
.t .~npa:d w,rh .n~e.es~ >~aU ~r Aclder•s opnon ~ec eue ~n6 o~?ablt w:tAovt nohc~ folur• ro•,uG~~ ~ opt~on ~hal1 i,p1 cq`A ~~e~ a w~w~r ot tM riqM
i ~o •,ta~t~ t~~ uTe n rfM •.~nt el ~~bf~o-~n f~,.~~ Ahe. rnarwdy DoM prinaWl ~nd ~ur~W ~ne~r~st ~E~II r~nrerM~ ~LU OM c~n?~n~ pp ~ti.u.w
•f ~ nni pa~d. T~~ md~n ~ed endors~ri ol ~n. o~e furMr ws~w dan~nd. eqfiq e~ non•p~yrnN+t and potn?. If ~Ai~ np~ ~
•1 Mw ~r iwdvr.~y ~nd N» uny
•i e~Kb w~eh an •norn~y tpr coltKhon. ~n ka~ and enda~~r~ Mreof ~yrN b O~Y NI can of cotl~a+on. +ncl~dup n coah• ~nd ~q~on~bN
~o?n~y tw.
~v DarR+e^~ ~s po~d more the~ davs oMer d.+e rhen. ~n oddmon ro SO~d pO~MM1. tP! n+ok~r s~wtl pcy o IATE ItGE of S~ of the poy~nf dW
or SS 00. wh~che•e~ n less. Th~ OY~s~o~ shol~ rwr De conserued to rnod~fy th~ d~}oult p~owssons hN~~r or tl+~ ~m~r„t ttM dt oul/.
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C O P Y
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and shall dWy, promptly and lully pertorm, d~acharge, ex~cut~, et(e~•t, comPlet~, comply with and a~ide by eaeh
and e~•erv the st~pulsuons, agreementa, cond~tiuiu and covenants oE aa~d prumistory note and of tNa morttap.
then Ltua mor[Rage and Lhe estate hereby created sh~ll cease and De nW1 ena ~•ad.
It ~a understood that each ot lhe worJa. "note," "mortRagor" and "mortRaqee" reapectively end the pron-
ouns referring thereto, whether in the a~n~ular or plural anywh~r~ in thla mortgage, ahall be singular it on~ oNy
and ~hal1 be plural jointly and aeverally, it more than one, and ahall be in~+culine. [em~n~ne and/or neuter. whet-
ever the contexE so implies or admita .
Md sald Mortgagor tor himaelt and fiia he~rs, legal representstir•es, aucceswrs and asal~tu, hereby coven-
~nts ana agrees Lo and w~th said Mortgagee, his legal repreaentaUves, succeasora and asaigns:
'!'o pay all and singulsr the principal nnd intereat and the vanous and aundry iumi of money psyablt b~
vlrtue ot said promiswry note, and tlus mortgage, each and every, promptly on tRe days resptcUvely th~ aate~
severally become due.
I
i 2. To pay all and ~ingular the tsuces, ~esam~nts, le~cea, JiaDil?tie~, obli~stion~ and Incumbrances ot every
~ nature and kmd now on said descnbed property, and or that Rereafter may be impoaed, suftered, placed, levied
~ or assessed thereupon, and-or that hereafter may b~ Irv:ed or a~a~•a~xd upon this mortgaRe andior the sndebted-
ness secured hereby, each and e~•ery, K~hen di~e and {~ayaDle a«rorA~n~ to law, be[ore they become delinquent,
and before any interest attaches or an~ penatty ~9 i~:currrd: anJ m ao [ar a~ xny thereot is of record the sam~
~ shall be promptly satisfied and d~schar~ed of record and the onR~nal otluial document (iuch u, tor f~utance,
~ ihe tu receipt or the sat~staction paper off~cially en~tnrs.d or rertif~ed? ~hell be placed !n the hands of aaid
MortRagee v?~thin ten da}•~ next atter rayment; and in the event t~at any thereoi ~a not so paid, satisfied and
; discharged, aaid ]?iortqaFee ma}• at sny Ume pay the same or anv part thereo[ vrithout wai~~ing or atfectin~
~ sny ophon, lien, eqwty or riqht under or b~• ~•irtuP o[ th~s mort~aRe, and the full amount ot each and every
i such payment ~haq be immedlstrly due an~1 E~ayaDte nnd .hatl bear interest Irom tAe date thereot until pald
4 at the rste of ten per cPnturrt per annum and t~~ethrr w~th such ~nterest ~hall be accured dy the lien of thi~
~ mortgage. -
~ S. To place and continuous2y ke~p or~ the bu,ldin~e now or hereafter aituate on aaid land ttre ~nd wfndstorm
~ lnaurance ~n the uaual standxrA ~~l~~y f~rm. in e~um n~t les~ thnn apacified by Fbrida law...., 1n auch com-
~ pany or comp~~irg as n:ay bc nF~, r~~~•e~3 b~• ~a:~l Atnrt~a~~~e: an~i atl such insurs?nce p~ticiee on any of sald Duild-
"s ings, any int~re~t thrre~n or part thereof, in the nc~r~=~ate ~um aforPaaid or ~n exce~s thereof, shall contain th~
~ usual standaM m~rt~nqPr claus~ mak,n~ tl;e I~~.r ur~lrr ~aid pobcies, each and every, payable to aaid 1?tort~a.
g gee as h~s interesL maa appear, and ~ach a~:~l P~•Pr~ s;i~ h p~dicy ahAll be promptly delivered to and held by WQ
~ . l~Iort~agee; and, not lesa than ten dav~ in ad~•an~e nf the •xpirahnn ol cach pol~cy, to deliver to aald MortgaRes
a rene«a1 thereof. toQether ve~th a rece~pL tnr th• pr~mnim nf ~~~~h rrnewnl: and th~re shall be no such insur-
ance placed on an~ o[ ~ald buildinR~, any ~ntere~t therein or part thereot, unleas in the form and wlth the low
~ payable aa aforesaid: nnd m the e~•~nt xny aum of money become~ payabl~ under auch pollcy or polleies said
~ Mortra~ee shall ha~•e tAe optt~~n to re~ei~•e and a~ply the ~amP on arcount ot the Indebtedness aecured hereby or
~ to ~rmit ~aid biort~a~or to rerei~•r nnd u.~ 1t or any rnrt thercot for other purposq without thereby waivln~
i or impairing an~• equity, lien or n~ht under ~r by ~•~rtue of thi~ mortgage; and in the event ~aid Mortgagor shall
for anp fP14n.1 (att to kP~p th~ ~ai~i prPm~~~c .yn inQur~d. or fail to dellver promptly any of ssid policie5 oi
- insurancP to sa~d A1nr:~aR~e. or fail prompt~v t~ pao fnlly :sny premium theretor, or in any respect fat) lo per- -
torm. d~echarRe, execute, etfect, comp)Pt~, comply ~~zth and ab~de by this covenant, or any part hereof, itid !4~ortg- {
; age~ may place and pny for such inaurance or nny part th~re~f withnut waiving or stfecUnq any option, lien.
- equity or nRht under or b~• ~~irtue of th~~ mortRaRe, anJ th~ full ~mount of each snd every ~uch payment shaU
_ be lmmediately du~ and pa}•able +~nd ~hall be~sr int•rest trom the date thereot untll paid at the rate ot ttn per
~ centum per annum and together wlth ~uch fnterest ~hall De seci~red~y the Uen ot thii mortga~Ce.
~ 4. °To permlt, commit or suffer no w•a~ce, impairment or deteHontfon ot ufd pnpe~ty ot any part thereof.
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5. To pay W and ainRvlar the co~t~, chsr~ea and exprnae~, including rea~onaDle lawye~~ fees and Cwt ot
~ eb~tracta o[ tiUe, lncurred or rnid at sny tlme by aald 1?tortgsRee becsuse and/or fn the event of th~ tallur~
on the part ot the 9aid MortqaRor to duly, promptly and fully perfornn, dUchsrge, e~[ecute, eftect. complet~.
comply wyth and abfde by each and ev~ry the ~Upulations, agreemenb. condiUon~ ~nd covenanb of said promL-
wry note, and this mortRage, any or efth~r, and ~w1d co~ta, chargq and eupetuea, each and every. ~haU D~ tm•
mediatNy due and payable, whether or not there be noLce, demand, attempt to coliect or iuft pending: ~d th~
fu11 amount of each and every auch payment nhall bear ~ntereat trom the dat~ th~reof untll pald ~t the nte ot
ten per centum per annum: and all sald coste, charRei ~nd expenss~ ~o Incunad or pal4, topther M?1th wcD !n-
terea~ ~hall bs ~ecvred Dy the llen of W• mortgase.
Y.
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