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i: STUART, Florida. . - 1
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.j. FOR VAL RECEIVED th~nde~si~nP~l iointlv a~~1 cevP~ally, PROMISE TO PAY to the order of
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DOLlARS,
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at Jerisen Beach, oX~a _ or suc er place as the holder
hereof may ciesignate in wri~i together with interest from date at the rate uf 10 er centum per annum on the
unpaid balance until maturity. Th id principal and interest shall be due and p e
i: In 60 (sixty) ec,~ual thly installnien $ (Dollars)
't including interest.
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The lst p~yment shall be due (DaLe)
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~ This note ma be re~ ' at an time wi t lt
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= i/ deir..ie Ce ~^ed~ fw 1~ d~vs ~n t sv~,~m oi ~ny Inp~llment o1 w~nc:pa~ o. ~neer~ . anr parr iher~of. rh~ who4 wm Mt~ •~~~~~~y
~nps~d w~~4 .r.teresr .haN N Rdde~'a cpno~ beco ~e and PavebN wnhoul noeK~. FaAu•• ~o e.erc~st fe,c non s?+atf nof c ~..r~ a wa~w~ oi tM r~9At
~ ~o •¦e~aae th~ seT~ r1,~ eY~n1 0( ~.~LSea:crf a~'~. Afre~ ms!...:ry FqM princ.Wl ~nd aarcd .arvn! sF.a!1 ~ntneat ae ~V per CMNT pN •nnu~n
_„r,i p~~d. iFK ma.~~~ ~nd endoners o1 M~ e fwrPC~ v.v~.~ de~nu~d. nona of non-parmenr a.~d protest. i{ ~h:s n ~s nm palo n m~?unry ~nd ~M um~ n
.i' v~x~d w~eA ~n afu•n~y fa coll~enon. ~n and «+dar~a~ 1+~rsof ~9rN to paY •0 cwe~ of eob~cnon. ~ndud~np a!: .r emb artd r~s~on~Db anerney ~~y.
i ~f ony pOyml~~t ~S po~d m~re iha~ oys ofte. d.+e ~hM, in odd.~~en ro w~d porM~^t ttie moAer shc? poy o IATE C GE of S~ ol tht poymMf Aue
'j~ SS.00, +~~che.er n less. Thi ~~s~o~ shoN ncr Oc co~strueA to mod:fy the de~autt ~~ava~o.~s he:c~r c~ the int~rest ter defoult.
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and shall duly, prompity and full}• perform, d:srharge, cx~~u!~. efft~•!. cur.iF~lel~, ~omply w~th end abide by esCh ,
and e~'er~ the stiputatioas, agre+•ments, comii:io:~s and co~enants uf s:iuf f~r~emis~ory note and of Ltu~ mortgage.
[hen [h1s mortRage and the estate hereby created sha11 cease and De null ana rotd.
It is understoa] that each ot the µorJs. "note," "mortRagor" nnd "mortRnRee" respecti~~ely and the pron- ~
ouns rnternng thereto, whether in the sin~ilar or plural any~+?hrre in thfs ~n~rtgage, shall be a~ngular iI one oNy
and shail be plural jointly and se~•Frally. ~t mure than one, and sh:tlt be uia.gculine. [ermnine andlor neuter, wher-
ever the context ao implies or admits.
And ~aid Mortgagor tor him~elt and his heira. Iegal representat?ves, successor~ and a~signa, hereby Coven-
ants ana agree~ to and w~th seud Mortgagce, his legal representat~vra,successors and ass?gn~:
; I. To pay 41! and ainl;ular the pnnc~pa! and ~ntereat and the various and sundry sums of money payable b~
~ virtue of said promissory note, snd tlua mortgage, each and every, promFUy on the daya respectively ths ~am~
~ aeverally become due.
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E 2. To pay all and ~~nf{ular the taxes, nsses~ments, le~•ic9, liablGtie~, obli~e~tions and lncumbrance~ of every
; nature and kmd now on said descnbed prop~rty, and. or that hereattrr rray be ~mposed, auffered, placed, levied
or assessed thereupon, and-or .hat hereefter ma~ b~ 1~•~•~ed or ~~s~s9ed upon this mortgaRe andlor the indebted-
~ ness secured hereb~•, each and e~'ert•, w•nen due anA ~ayable acronlinq to law, KP[ore they become delinquent,
; and betore eny ?nterest attaches or anp penal!y ~s ~t:curr~•~i: and ~n so far as any thereof ~s o[ reeord the sam~
~ shall be promptly sat~sfied and dist'har~ru ot rerord and the on~;~nal oil~clal document 1~uch aa, for i»stance.
~ •he tax receipt or *.he satisfa~t:on paner oft:cialiy en,i~~rs~rd or crrtifiFd ~ shall be ptaced ta the hand~ o[ said
; ~tortRagee w'ith~n ten da~•s n~xt :~fter ~~ayrr.cnt: and in the e~•ent that any therPOf fs not so paid, asti~tied and
~ discharged, said Dlort~;a~ee may at any timr pay Lhe s:?m~ or any part there~f w•ithout wa?~~ng or aftectin~
" any opt~Dn. lien, eqwtp or n~ht un~:.r nr b~• ~~rtur of this mort~aR., xnd the fnll amount of each and every
F such payment shall be ~mmediat~ly due an•1 ~~a}•ab;e and sh:ill bear inter~st from th~ date thereof until paid
~ at the rate ot ten per c~~nturn ~er annum xnd t~~~eth~r vriih su~h interest shall be secuced by the lien of thi~
~ mortgage.
~ 3. To place end conUm~ously ke~p on the bu.;d~n~s nnw or hereafter aftuate on said land tire and windstorm
~ in~urance tn the u~ual standard poli~y f~~ m, in a ~um n~t Icss than apecified by Fbrida 18w...., tn auch com-
~ pany or comn-~:^s r+s n;ay be appr~~trd h~ ~a::l ~1nrt;;a~~•e: sn1 all surh insur.tn~e pnlicies on any of sAid build-
~ ings. any ~ntrrest there:n or {~art thereoi, ~n thP nr',n'e:ite aum aforPCa~d or in exce9s thereof, ~hall contain the
usuai standard mnr+ca~re rlaus~ mak~n~ t2~e 1„~s uc~l.~r 9aid pol~cies. ea~h and every, payable to said Alortga-
~ gee as his interest ma~• anpnar, an.i ~~ach ar.~I Pt'P,~~~ sc,~ h puSicy ?hnll be promptty dPiivered to and held by aaid
~ atort~aRee: and, not less tha:? ten ~ia~~s ~n a~t.an~e of the Px~irat~nn of each policy, to deliver to said bfortga~ee
~ a renen•a! thereof. tn~elher v.•;th a re~e~pt fnr thP prPmnim nf a+i^h ronewnl: and thrre ~hall be no such insur-
~ ance placed on an}• ot ~ai4 buildinK9, any ~ntrrest th~re~n nr part ther~ot, unles9 in the form end-urith the los~
~ payable as a[oresaid: wn~i in the e~~Pnt any sum of mnney brcome~ payeblr und~r ~ach pollcy ar I+olicies said
~ 1ltortt;a~ee shall ha~•e the opti~~n to recei~•e and a~+pl~• the ~am~ ~n account ot the indebtednesa secured hereby or
to rPrmit sa:d ~iorica~or to s~ rci~•~ and »~e it or any ~art there~t for oiher purpose~ wifhout thereby waiving
or ~mpairin~ an~• equitv. lien or r.~ht vndcr nr by v~rtue of th,s m~rtgaRe: nnd ~n the e~ent said MortgaKor ~hall
- for ~rt ~P13n1 (a;~ t~ kP~~ the ~a:~i pr•~m:a~,s an in~ur~;i. ~r fall tn deliver prompUy am• of said paiicie~ oi
- insnrancP to s.i~d '.inrt~aR~•P. or fa~l promptly {~a~~ f~:lly :v~}' pr~~nium therefnr, or in nny reapect fs11 ln per-
~ form. dlcchar~e, exec•ule, rffert, comFl~tr, com~ly ~~-~th end an~,le b~ this covenent, or any part hereof, said Mottg-
aReP may plac~ and p~p tor s~~ch inat~rwnce or any part thPrPn( ~vithnut Kaiving or attectinq anv option, lien,
equ~ty or r.Rht under ~r by ~•irtue ot th~s mort~a~e. ar~l thr full amount of each and every euch payment ~hall
~ be immedia!ely duP and pa~•aDle nnd shnll bPnr entPr~st from the dete thernof unttl paid _at the rate of ten per
- cenium per annum anA toRether with auch Interest shall b~ aecured Dy the lien ot thia mortga{~e.
~ 4. To permlt, cemmit or ~utfer no a•a.ste. ~mrairment or deterioration of aaid property or any part thereof.
~ 6. To pay nll and sin~utar t?:e covts, char~e~ end expPnses, including reasonaDle lawyer'~ feea and co~et of
~ abstracts ol tiUe, fncurred or paid at any time by sald l?t~rtgeRee because andior tn the event of the fdlu»
on the part o[ the said MortRn~or to duly, promptly and [uUy pertorm, dlecharge, execute, eftect, complets.
comply w~ith and abide by each and evPry the sttpulations, agreements. condiUons and covenanL of naid promli-
wry note, nnd ihis mortRaRe, any or either, end ~ald costs, charge~ and expensea, each and every, shall bs lm-
mediately due and payable, whether or not there be not~ce, demnnd. attempt to colltct or sult pending: and th~
5~~ tull amount ot each and every ~uch pnvment ahall bear interest [rom the date thereot untU pald at the rate ot
y ten per centum per anriur:z: and all eatd co~ta, chnrRes and expense~ w lncurred or paid, together wfth ~uch ia-
tereit, shall be ucured by the lien of this mortgage.
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