HomeMy WebLinkAbout0252 ~ E _ - - STUART, Florida. _ _ .
FOR VA RE EIV th_ e~ndersiar+..~ io~mlv r~~ ~ev~?aily, PROMISE TO PAY to the orde~ of_ _
.
• liANK ' -
.l . - . . -
; - -
~ . . DOLIARS,
; - - - - - - -
-
~ at J~sen Beach, lox~ _or su ther place as the hold~r
hereof may designate in writi together with interest from date et the rate of 10 per centum per ~nnum on th~
~ unpaid batance until maturity. Th id principal end interest shall be due end le
~ In 60 (sixty) ec~al thly instalLnent S ~(Dollars)
including interest.
~
~ The lst payment shall be due (Date)
~
This note may be pre at any time wi ut per~alty.
If de~w1~ br ~^sd~ fa 10 d~y~ ~e par~tnt o1 ~ny ~e~t~llm~n~ ol nc~ 1 0~ ~~N~ or ~n
w~ o+ r o+•~ r~~rwl. ~M wAol~ wrn M~n r~mam.p
.,~pa~d w,~h ~r.taese ,~~U ~f ncld~.y opuon beco O~e ~na Dar~bl~ w~MOUt na~c~~ fa~lu.• ~o •.uc~s~ ~ op~~on sA~lt np~ cq~;(~"t~ • w~~vK of tM riqM
•i• ~o e~e.rst ~M s~Te ~ Me ev~n? of ~~.Mp~en I~u~~ Afe~r ~..s~w~r~ ppM p~napd ~nd ~ccr~~d ~nt~rql ~A~11 ~~nrertst N dlJ D~' CMh/T pM ~nnwn
.~nn~ pa~d. TI~ m~~~,~ ~nd enaen~rs e~ r~. o~e fu.Mt~ w~~v~ dan~nd. nohc~ of non-p~yrnMt ~~d orotest. I/ rhi~ n ep~ p~.e ar n~ah.r~e~r ~nd M~ u~M ~
t~ D~Kb w~~h ~n arorMy fa coitect~on. in .~k~r~ a..e endw~a~ Mrw1 ~yN re o~y a!I cwh o/ coNKr,on. ~eclud~ny ~i rr cwa ~nd r~~~oeybN anan~y iNS.
if env p~ r.nent ~s pa~d ~nore than dora o1•e. d,.e ~nen, ~n odd,t~on to so~0 povment tne ~nok~r shoil ppy o IATE RGE of 546 of tM porm~nt du~
~ u f5.00, rh~che.er ~s Ihs Th~ o~~s~en sholr not De c~+strusd ~o mod~ty th~ defpvlf ~ pro~~sions h«e~r w fl+~ mtp~st ft~r d~ioult.
•k SEAI)
C O P Y
Z= ,
»:•1kk~ti'.~kti'1`tb':".titi lkkk-"}tiW'•b`: '~..~1'~ti'}'~'1~".Sti111{'{~ti '~~tiw
:»h'-{~4 }tikti-t :»:w'~-}sti-.~<*
and ahall duly, promptly and fully perform, d~~chsrge, ex~cutr. effert, com~Iet~, romply w~th and aDide by eael~
and e~~erv the stipulation~, agreemente, condit~o:ie and co~enants ot raid prum~ssory note ~nd ot thb mort~as~.
then tlus mort~Cage and the eatate hereby created shall cease and De nuli ana ~•oiA.
It underalood that each of the wor~a. "note." "mortRagor" and "mortRagcs" respectively and the pron-
ouns re[ernng there[o, whether in the ~inRular or plural anywh~re in thls mortgage, eh~ll be singular it one only
and ~hall be plural jointly and xverally, mure than one, and ~hall be ina~culine, feminine and/or neuter. whae~-
ever the context eo impGes or admits.
And aaid Mortgagor tor himselt and tus heirs, Icgal representat~vea, succes+ors and wl~, hersby oov~a•
anLs ana agrees to and vv~th sald Martgagee, his legnl representative~, succeuon and assi~u:
~ 1. To pay al1 and smgular the principal nnd intere~t anQ the variow and ~undry iums ot money p~yapl~ b~
vlrtue of said promiaaory note, and tlus mort6age, each snd every, prompUy on the dayi resp~ctlvely th~ ~am~
aevenlly Decome due.
~ 2. To pay all and ~~ngular the taxe~, uaes~ment~, leti•ies, liabilitiea, oDl~~ations and incumbrancei ot eve~
' aature and kmd now on sa~d descnbed property, and'or thst hereafter may De impoaed, auttered, plsced, levied
i or assessed thertupon, and: or that hereafter may br Ir~•:ed or asa~~s~eA upon this mortgage end/or Lhe indebted-
~ ness 9ecured hereby, eacA and everv, w•hen due ar,d pxyable ac.~errt~n~ to lsw, beforc they become delinquent~
~ and bafore any interest attaches or any penaiiy iv i~icurrrd; anJ ~n ao far a~ any thereof i• o[ record the um~
j ahaA be prvmptly satisfied and dischar~rd ot recorA xnd the onR~nal off~c~sl document (~uch u, lor instane~,
~ ~e tax receipt or the sat~afact3on pa, er of(iciaily erotnr~d or cert~fied~ ~Aall be placed ln the hands ot u14
~ Mortgagee within ten day~ ncxt after raymcnt: and in the event that any thereot ia not ao paid, satistied and
discharged, said biortq:t~ee may at any t~m~ pay the same or anv part tRerenf v~~thout waitKng or afftctin~
: any opt~~n, lien, equ~[y or n_~ht und~r or G~• ~•irtuP of [his m~rt~aRe, and the full amount of each and ever~
auch payr:~ent ~hall be ~mmed~atPly ~iue anrl {~ayable ~nd ahaU bear interest from thc dats thereof untfl pald
f at the rate o[ ten per c~ntum per annum and t~~eth~r w~th su~h intereat ~hall be secured by the lim of thL
~ mortgage_ - .
3. To place and contu1uous!y kePp on the bu~td~n~a rtow or hena[ter sltuate on said land fire and wtndstorm
~ Inaurance 1n the usual standard ~oGrp f~rm_ in a~um nM Ies~ than ~1lC~d .b~? F~OL'~d8 18W.._., !n such Cota-
pany or comp-~i~s as may be appr~~tied by ~a:~l ~1nr1Fa~~e: amt all such insurance policits on any of 1afd,build-
~ inga, any int~reat therein or part thereof, in the n~~rr~ate aum efor~aaid or in exce~s thereof, ~hall contain th~
~ usual standard morteag~e clause mak~n~ thp L~~• ur~l~r aa~d pol~cte~, each and every, payable to sa~d Mort=a-
~ ~ gee a~ Ms interest ma~~ appear, and Pach ar.~j P\'P:')' SIU fl p:~l+cy .hall be promptly dN~vered to and hNd by tald
~ At~rtRagee; and, pot lesa than ten da~s ~n ad~anre nf the •xp~rni~on ol ~ach poAcy, to deliver to anld MortRa~e~
a renewal thereof. to¢ether w•eth a rece~pt fnr th. pr~mnim nf .+~~h ronewwl: and th~re ahall be no such insur-
~ ance placed on any of µid buildinR~, any intere~t therein or pwrt thereof, unle.+.s in the form and wtth the lo~a
; payable as aforcaald: s?nd in the e~~~nt xny sum of mc~ney become~ payable under such pollcy or policiei uid
~ Mortqa~ee shail ha~•e the opU~.n to rece~~p and arply the samr ~n account of the fndebtedneas secured hercby oe
~ to Mrmit ~aid bfort~a~or to rprei~•~ nn~i n~e it or any ~nrt thereot for other purpost~ without thereby waivtnt
~ or impairin~ an~ e!~uitv, lien or r.~ht undcr nr by eirtue ot th~s mortgnge: and in the e~ent said Mortgagor shall
~ tor an~~ ~Pas~~ [:+i1 to kP~p th~ cai~i Fr••m:~rs ~n in~ur~A, nr fail to deHver promptly any of said policiq ot
insuranc~ to said \tnrtRaR~e. or ful promptfy to pi~• fnlly an~ premium thercfor, or in any res(?ect fafl lo per-
form. dlccharRe, execute. effP~t, complFt~, comply ~.-~th and nbide by thii coven~nt, or any part hereot, iaid Mortg-
- aRe~ may placP sn~t pay !nr such in~ur~nce or anv pa[t th~r~~t w~thnut veaiving or at[ect3nq ~ny option, lien,
equity or rsRht under ~r by ~•~rtue o[ thi~ mnrtRaRe, anJ th~ full amount of each and every auch psyment ahaU
~ be immedtetely du~ anA pa~•able end shnfl brsr int•rest trom the date therrot untfl paid at the rate ot ten per
centum per annum and toRether with ~uch !nterest ehall be secured Dy the lien of W~ mortgaRe.
" 4. To permit, commit nr ~uffer no k•a.ste, ~m~airment or deteriontion ot aaid property or eny psri thereof.
~ 6. To pay all and ainRular the co.ta, char~e~ and exp~nx~, including reawnaDle lawyer'~ feti and co~t o!
~ abatracta ol title, IncurreA or pnid at any Nme by ~afd MortgsRee becsuse and~or 1n the ~vent of the fallur~
' on the part ot the ~ald MortRaRor to duly, promptly and [ully perfortn, dlicharge, e~[ecuts, ettect, compleb.
u comply wlth and aDtde by each and evrry the ~ttpulaUons, agreemenb, conditfon~ and covenanb of a?d promfi-
wry note, and t1~is mortRage, any or elther, and ~ald co~ts, chugq and a~[petuea. euh and svery, ihatl b~ Im-
mediately due and payable, whether or not there be not~ce, demnnd, attempt to colket or ault pendtng• and th~
~ full amouht ot eacA and every auch payment shsll bear intereat trom th~ dat~ thereoi untU patd at the nte a[
~ ten per centum per anr~um: and all iatd cosL, chargei and expenses ~o ~ncurred or pal4 WL+Ner w~tth ~ucb in-
tereaf, ~hall D~ ~ecured Dy the Ifen of th1~ mortga~.
~
~ .
~ . PAu~ ~
t--~
~s
~
~
~ _ . . . ~