HomeMy WebLinkAbout0242 kW~~~h'~ik ti'«}ti~? .+~~rk `v~~S~Y~1P4s0~
~t E3, 222..QD..... STUART, Fiorida, April _.24, ~9__7_5._
FOR VAtUE RECEIVED the ndersi~nP.i ~o~ntiv a~~ ~evp?ally, PROMISE TO PAY ro the order of _
JnvsFrt s~i ~
; _ - - _ . _ _ - . -
. THREE THOUSAND_TW~_.H1~NL?RED.._T1eIFNTY-~i~TO .ANA NOIIOQ----------------_- DOLLARS, ;
at Jensen BedCh, FloX~ . ~ or such other place as the holder :
s,
hereof may des~gnate in writing, together with interest from date at the rate of 10 per centum per annum on the
L unpaid balance until maturity. The said principal and interest shall ~e due and payable
In 60 (sixty) ec~ual monthly installments of $ 6$.~46 (~llars)
; including interest.
,
; The lst payment shall be due on /"~ay ~L~~y~(r(Date)
~ This note ma be
- y pre~3id at any time with~ut penalty.
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If defs~h Ee •^ad~ fa 1 ~ davs ~n ~ne asr~~en~ ot ~nr ~n~t~flm~nr of pnnupa' c~ rre.e~r o. ~ny tar~ ~hereoL ~M wFwl~ s~m thee~ ~em~~mnq
•j ;,npa~d w~rh ~cte.es~ .~s8 at h.etd!''f op~~on bccome a.:e a~~a Oavab~e wnhovt nof~c• Fr.lvre ~o c.~rc~st ncA oouoo stiafl npt co/~~••.re a wa~va o/ the ripM
ro e,erc•te ~he fs:~e r1:e ~r~nt d~~_Dfeo-enr sefau~~r 0.t~e. m~!un~ botA nn
i Y D up~l I~d actr~~d ~r.t~rHt sRall beN ~~tereft a~ ~L p~r cenrum ptr ~MUT
. nhi pa~d. lh~ mst~rs u+d endasen ot tn.s nofe fun~e. w~~w demand. nohcs oi non-paymen~ and protest. N r~+~s no}~ ~s not paW ~t mat.x~ly ~nd tAf y~ent is
•j p~x~d w~rh ~n •n~rn~v fw co1FsU~on. M~ n~kcrs and endoner~ h~reof prN 1o Oay aN co~tr o! coli~ct~on. •ncl.,d,nq •~,i cou~t cosrs ~nd r~a~onabl~ ~nwney fe~s.
•t If any p~ yrnln~ pnid mor! tho~! 10 do~S oht~ du! tht~. odd•h^~n te So~O poymMT. 1ht mok!' shail ppy o LATE C~ARGE Of S~p OI fh! pOyMMf du!
_ ;;r SS.00, wh~c~c~.er ~S IesS. Thn F'~~~von ihol~ n-t bt cmifrued ro mod~}y th! defo-..Ir p•ov~i~tns hert~r c~ th! mterlSf dW OffN detoult.
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C O P Y SEAL)
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; :»:».ti }.~{w ti'-~.'~-.'».kktio'»+s»}.~'~»:-i~:»'r ;•C••:-.,:..;»:~~:- ;»}•:••r{..:»~ :-~:-~:«:..:...ti-:~wk+~.~
and shall dul}, promptly and iully perform, dis~harKe, ex~cu!r, effrrt cunerletr, ~nmpty w~ih and abide by each
and e~~crp .he st~pu:auons, agrecm.•r~.s, :on3~t~~,:;s aud ru~-~~nan.s ~,t ~a~d {•r,,:~i,s~•~ry r.ote and of ttua mortgage.
then th~~ mortKage and the estate hereby created sh~ll cease and be null an~1 ro:d.
It understond that each of tht K~orJa. "note." "mortRagor" nnd "monRa~ee" respectieely and the pron-
oun~ referr?ng thereto, u•hether ~n the s?nRular or plural anv~ahere in tA1s mortgage, shap be singular it one only
and ahall be plural jointly end sevFraUy, d more than one, and sh:?11 be ma.qcul~ne. femimne and; or neuter, wher-
ever the context so implies or adm~ts.
And ~ald Mortgagdr for himaelf and !us heira, legal representat~ve~, succe~aors and a~aigne, hereby coven-
ants ana agree~ to and w~th said biortgagee, hls legal repre~entaUves, succevsors and a~ign~:
~ 1. To pay all end ~ingular the princtpal and interest and the vanous ar,d aundry aums of money paysble b~
virtue of ssiid promisaory note, and thi~ mortgage, each and every, promp[ly on Lhe day~ re~pectively ths sam~
~ eeverelly become due. -
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f 2. To pay all and ain~ular the taxes, as9escm~r.ts. le~•ies. I~abihUes, obU~wtion~ and incumbrance~ of every
~ nature and kind now on sai~ descrsbPd prop~rty, and~or [hat hereafter may be ~mposed. auffered, placed, levied
r or assessed thereupon, an~ or tha[ hcrea[ter r.::iy hr 1~•~~,e~i ~r asa~~ssed upon this mortgaRe and/or the mdebted-
E ness secured hereb~~, each ar.d e~•en•, ~•hen ~:ue and i~ayable acrerdin~ t~~ law, be[ore they become delinquen~
~ and betore any interest attaches ~~r an~• penalty ~s ir.curr.•~i; and :n vo [ar a.9 any thereof is o[ record the sam~
~ shall be pr~mptly satis:ied and dischar~rS of rernrd and the oriF~nat off~cixi document Isuch aa, for i~utance,
•he tax receipt er the satisfacicon p:~pPr ~~ff~cial:y en~inr.r~~d or eert~f:~~1? shnll be pleced fn the har.d~ of said
! liortRagee v~~Lhin ten days n~xt alter rayn:cnt: and in the e~•ent that any thereof ~s not so paid, aatisl~ed and
~ discharged, said I~t~rtRa~ee may at astiy time pay thp s:~me or an~ rart thrr~~f w-ithnut wai~~ng or aftectin~
4 any opt~~n, lien, equ~t~• or nKlit un•i. r or b)• c~rtur of th;, mnrt~;a~e, and the full amount of each and every
q such pavment shall bc~ imm~•~ilat~ly ~::iP an~i }•:syr~ble :in~i shap bear ~nter~st frr.m the date thertof until paid
4 at the rate ot ten per ~~~nturn per annum and t~~~r;h~•r w~th su~h ~nterest ahall be aecured by the lien of thi~
~ mortgage. -
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~ ~3. To place and cont~nuously ke~p on thc• bu:ld~n,s now or hereafter altuate on said land flre and ~syndstorm
~ insurance in the u.~ual standard pnL~y f~~rr.z, in n ~^~m nnt less than ~~d by F~O1~c~8 18W.._., In ~uch com-
pany or comn- ^:~•s ~s :ziay b~- appr~~~~rd h~• ~a:~i ~1~~rt~at-~ e, an~i all au~•h ~nsur:ince rnlicies on any of anid buitd-
~ inRs, any intPrest there,n or Fart thereof. in th~ a~_rrcate sum aforPaa~d or in eaccess thereof, ~hall contain ths
usual stan~fard mnrt~eQPP c~ldv~c~ mak,nc tt:e l~:~a uc~:~~r a.tid polirirs, each and e~•ery, payablt t~ said 1?tnrtga-
gee as his mte:es: mati• app~ar, an,i rach ~+r.,! ~~-~~rt• s+,. h p+d;cy ahall be pr~m~ tiy dPl~~•ered to and held by sald
y 11IortRaRee: and, nnt less than ten days ~n arf~an~•e nf ihe Pxpiralinn of each poltcV, to deliver to said Mortgs~ee
~ s renen•a1 thereof. to~ether ~a•ith e rece~pt fnr thv prrm~~em n1 a,i~h r~newal: and thrre ~hall be no auch insur-
ance placed on ant• ~aid bu:ldin~s. any ~nl~~rrst th~rcin ~r ~art thercof, uNes9 in the form and with the los~
~ papahte xs eforesa~d: and in the evrnt any sum of mnr.PV bPrnme~ payabl~ under such pollcy or policiev aaid
~ 1liort~a~ee shall ha~•e tRe opL•~~n to re•re~~•e and 1~ply it:e ~amP ~n account ot the indebtednes~ secured hereby or
~ to nPrn2it sa:d ~S~rtraeor to rP~ei~•r ~nd u~P ir nr any ~rtrt therenf for other purPoses vv~thout thereby wa~vfng
~ or im~airin~ an}• Pq~~irv lien ,~r r~ht cndcr nr by ~•i~tue of tl~iy mnrtgaRe; and ?n the e~•ent snid MortgaKor ~hall
for ar.y rra;~~~ f:+~l i~~ k~~:~ the ~a::1 ~ r•~m:e~~~ v~ lfl~tl~r~i. ~r fail to deliver prompUy ant• of s8id policie~ ot
= ins~~rancr to savi ~tnr;~aQ~~e. ~r fait promptly in r i~• fnllr an}• premium therefor, or in nny respect fa11 to per-
~ form. d~~char~e•, exc~•i~te, rftPrt, comnl~tP, compl}• ~+.th And eb~~1e Dv th~s co~~enant, or any part hereut, aaid 1ltortg-
aRer may placr an~i pa~ f~r such in?urance or an~~ pRrt thPrPnf ~v~th~ut w•~iv~ng or atfectinq nny option, li~n.
equity or r.Rht unde~r ~r b~~ ~-:rtue uf ihis mort~aRe. ar.~.! th~ ful) amount of eac-h and every auch payment ~hall
be lmmediately dur and pa~•a51e nnd ahatl bPar :n!Pre~t from the dete ther~of until paid at the rate o[ ten per
~ centum per annam xnd to~ether kith auch interest ~hall be aecured by the lien ot this mortgaRe.
~ 4. To permlt, commtt ~r suffcr no «•aste, im{~aumcnt or deterioration ot eaid property or any pnrt thereot.
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EV b. To pay all and ~~n~ular the coa!s, char£es and ex~nses, includmq reasonable lav~yeYs fee~ and cost ot
abstract~ ot title, Incurred or F~aid at any time by ~atd At~rt~s~ee beceuse andior In the event of the fallutr
on the part of the said ~iortRaRor to duly, prnmptly and fully perform, dlacharge, execute, etfect, complete.
' comply with and abide by each and every the ~ttpulationa. agreements, condiUons and oovenanL of said promis-
eory note, and thi~ mort~s~e, any or eithPr, and ~atd cost~, charRes and expenxa, each and every, shall be Im-
- mediately due and payable, vvhether or not there be not~ce, d~mnnd. attempt to collect or sult pending; and th~
- full amount ot each anA every auch payTnent ahall bear interest [rom the date thereot untl! pald at the rate o!
z; ten per centum per ennum: and all sald coate, charqes and eapense~ w tncurred or paid. together with ~ucb tn-
~ terest~ ~hall De secured by the llen of W~ mortgage.
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