HomeMy WebLinkAbout0275 ^:-J~?~Mr+ti~k~•,}.:•vltikk~}vh~ti{-tik•{•~rb-?{•~w: ~'.{~+Y}~ti~~ :'~J~}rti :-:-~.ti•:••?~ :».ti~'~}~h~i-~-~} :r:?3~~v~?+ti~tiS~J~~+~+
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s STUART, Flor~da, _ .
FOR VA RECE~VEd the unde~s~o~P~ io~ntiv an-+ cev~~ally, PROMiSE TO PAY to ~he order of
•i JIId B~ AATTK
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_ _ . _ _ _ DOLlARS. ,
a~ Jensen Beach, lorlda _ or su ther place •s th~ hold~r
hereof may des~gnate in wri?~ toge!her w~th interest from date at the rate oi 10 per centum per annum on th~
unpaid balance unt!I maturity Th id principal and interest ~tia~f be due and le
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~ In 60 (six~y) equal thly installment f$ (Dollars)
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including interest.
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The lst pa~mient shall be due {~ate)
This r.ote may be prei ' at any time wi ut per~alty.
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rc -.vi• fo. 10 dWS ~ c~v...e~~ of ~ny ,n~t~11m~M of o•:rapa~ c• ,Rre. c• •n~~ on+ •~e.rof. •~e wno4 M~n r~T.~~~~np
-•t•!.• •=.Ce' 7 fvc•• R ~.~veht• w..ho41 ro~•Ce i~ 1...~ ~n e.lrc~N su Opt.nn ~tiall nOr C~A•.. • N~:v~r oi fhf r,Q't
eu~c ~r •^e ~ ~•••e ?.e~r ef n t~e~.~~• .eN..~. .~•.e. ^i•~...rv Epth pnnc WI and ac.r~~ed ~cre.~ft a~~~~ ..^~erear e~ U W~ cenr,,m p~r •n..,,T
~ ca o ~•e ••~•i s^d .~~c•te~s c~ r~ e~e ~rt?. +~,a:.e de~^e~d. eot.c~ of ~.on~pav~ne++r •nC o•o+e~•. n r~.~s e,s ~.oe pa~a ~r T~r._: r~ ~nd rM u~n~
.+ted +.•n an •^c~~e~ lo• cat~cno~, en .~?~r• a~d ~ndorse~~ l~amf ~pr~~ to p~v •11 cwts o{ cai~ct.on, ,^:iud:np ~.r cosn •^d r~a~on~b1~ •nern~y l~ea.
•i • a^. D^~~r•s^• ;,.~~d rfi~^ do~s n!re~ d~_e r~e•• aJ~.]~~~^n f^ timd Oormenr ~~e motN iho'~ DOY o LATE RGE CI S~o e} ihf OaYmMt duf
' S5 v. +~~c ..r ,i ~ess Th, .,+.:t.~.n cnn" n-e ^e .~nsrr,:ed eo m~d~fy rhe defa~i~ p~c.~n~,ns he•e~~ th! ~n!l~ts~ du fter Gloulr.
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anci sh,tl! dal}•, promptly wnd f~ill}• p~-form, •1is~harRe, Px~cu!~^. r!(rrt. ~<~n~~t~•tr, ~•:?m~ly w~th and ab~de by each
and e~~~r~ the st~pu:auons, akre~~ments. cun•fit.ncis am1 roc~~nan[s •~f sa~~1 pn.m„~~~ry note and o[ ltua mortgap,
then thu m~riKage an~i the estate hereDy ~rextcd sh111 cease and be nuJl ar.~t ~~~~i,i.
It iv understoo~ that each ot the w'or~lv, ^note," '~mortRagor" and "m~rtRaRee" respecti~•ely and the pron-
ouns refernng Lhereio, whether ~n the si~~ilar or pliiral an~tit~h~rP ~n lhls m•~rtgaRe, ~hall be ~ingular it one only
and ahai! be plurnf ;ointly and sev~ rally. ~t mure than one. end 9h:?1i he ma.vriil~ne. tem~n~ne and or n~uttr, whsr-
rcer the con:exi so :mpl~es or admits.
And aaid Mortgagor for htrr.eelt and h~s he.re, IeFal rPpresentwti~es, 9ucce~vor~ and assigns, hereby coven•
anta ana agree~ to and Nzth ~s:d Atart~aRee, h~s legAt repre~entairvFS, succ~vsorv and as~~gna:
; l. To pay all und ~~n~;uiar the pnnc~pnl and inter~at and the vanou~ nnd ~undry sum~ ot money p~yabl~ D~
virtue of ~aid prom~ssory note, snd Wa r:~ortgage, each and every, prnmpUy c~rt the dnys resp~ctsvely th~ saetf~
eeveraily become due.
~ 2. To pa~ all and ~mRuia.- the L1XP9 asa~s<m~nts. 1~~:~•s I~aAsl:~:n~, obi«wtenns xnA incumbrances o[ every
~ nRture nnd k~nd nnu• nn ~at~ des~ r,b.~,i E+r~~r~rtr. and .~r that h~r~a!'f•r may be smpo!~d. ~uffer~d, placed, ~e~7e4
i or 35CP35Pj thereu~ ~n. ar.i or that hr•r~afcPr ^,i~: n.• :.~~•.P.i nr a-<~~~+e:t u~nn th:~ mort~aRe and~or the mdeDted-
~ ncs:; ~~i~:-e~i hersD~•, ca~-h nr.~! c•:~rc. :~'i~r~ ~l~iP ard F~:~}able n~~hni~r.~ tn laK, brfore they become delinquent~
~ art~i L•~iore an}• :nteres: .?t:a~-hPS nr p~•:;:+:.}- ~_irn• i. an.l ~n f1r Aa r~ny thereof +s o[ r~cord the iam~
shal: be prompth• sat:sfied and ~ils~ h:~r~~~f nf rP~•nri .~?nd thr or,~mal ofhc~al ~incurnent (such as, for i~u[ance,
9 ;hP tax rece~pt er the sat~s`~~~t.~n ir.~,:Pr :,!f:r:al!y en tnr~~•r1 or ~•~r!if:~~t~ ah~ll b~ placed 1n the hand~ of said
' itortRa~eP w~.h;n ten ~i~'9 nrxt at'~•r r~1}^.r:cnt; and in ;fie erent that aay- therF~~[ ~s not ~o pa~d, antt~hed and
; discharRed. sa~d Atnrt~a~ee may :~t nny C~mr pa~• thP s.im~• ~r an~ ~art thtrFnf u~ith~ut wa~.zn~ or af[ectin~
; ar.y opt~nn. l~~n, eqw~y or r~~trt unlrr nr b~• ~:r;,+r nf !h~s m~ri~a~;r, and Chr fult amount of each and every
~ surh Pa}•ment shzll bF :,r.m~~d~at~•ly ~f~:~ ar.t ra~•:~ht~ .in~1 shatl bear ~ntc•rrs; !r~m th~ dn[e thereof unUl paid
at the rate ot tFn per ~~~nturn ~er annum xnd t~~y;e'h~~r w•iih ;u~h rntercat shall be ~ecured by the lien of thi~
~ mort~age.
~ 3. To place and contini:~us?y ke^~ on th~ bu,ldin:~s n~~v~• or hereafter ~Ituate on ~aid land fire and ~a~tr.dstorm
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~ insurancP in the u~ua! ~tar,~iar~i ~•~tu ~r,r^~ in a<um n^t lese [han epecified by Fbrida laW._ ,!n ~uch com-
~ panY nr cu:nn'~:~•s ~s n~ati b~~ aE~~r~~•:~~•! hv ~~.~1 ~1nr~~i^~•e. :~r.l sll vu~~h ~nsuran:P ~enhcic! on erty Af ~~uA bu11d•
~n~v. any intPrest thF*e:n r,r (:art therer.f. ~n th~ :~~c~~•e.~tP vum a!nr~~aiA or in exces~ ~herenl, ahall contain th~
~ usual s;an~iani :r~r!,n~~P r3At~~=• mak:^C t?•e ~a ur :;•r a-i~~i ~~l:c^~~s. ea~h an:: e~•ery, payabte to ~a~d 1ltnrtga-
~ Ree a~ h~3 ~ntPrPS; ma:• ac.F~ar, ar..1 ••1ch a••~1 h~:~!i+y ?hal! bP prnmpth• ~~1~~•ered to and held by said
~ lltort~a~ee; and, n~t 1~•~s than !~n ~'a:•c ~n ari:•an~ ~ nf t!:e Pxntrat~nn o! ~ach ~I:~y. !o Aeliv~r to ~nfd l?tortRaRew
~ a renP~.a•al there~f. Mcether ~+•ith a rece~pt f~r th~ ~rrm~um nf an~-h r~newal: enA thrre ~hall bc no such in~ur-
an~e placed on an~• ~f ~aid butLAr.~s. any ~ntere~~t thrre~n ~r part ther~ot, unles9 m the form and with the losa
~ pa~•ahle aforesatd: xnd ~n the e~ont ar.y sum of r.umP~ brrnmea payabl~ und~t :+~ich policy or {u+licie~ aaid
s; ~tnr.~~~ep shall hn~~e the npt:~+n t~ CPfQi\'P and ~aF:•!c the ~am~ nn ai count of the inAebtedne~~ secured hereby or
tn rP-m~t 9•~.d ~tnrtrac~r tn r, r~i~•~ 1n~i ~l~P ~t ~r.~- rart ther~nt fnr other pur~+n~e~ without therrby waivtng
~ ~r ~mra~nn~ anr P~{n~tv L•re ~r r;:~t ur:i~~r :~r by ~•irtue nf ;tua m•~rt{;a~e: artd tn the e~'ent snid biortl;eKor shall
` fnr :er.:• r••1~. tn kr~r thr~ s.~ rr.,^:.~. : Q^ +r.~c~r~~i ~~r fail tn deil~~er promptly an~~ ot satA poLc~e~ of
~nrtr3nrr s~i~'. ':t~~r;~~t¢~ P. ~~r fa.l nrnm~~tl~ .`"Ity 1nt• p~em~um therefnr, o~ ~n any rtlpeCt ftt! ,tt~ p!~-
form. ~1~=cha~~~. Pxr:•u;~. .~ff~•rt. comnl~;P. enmp!}• ~t:?h ar.A ah~~iP by th~~ ~o~~enant, or an}• part hereof, anid ~ioKg-
aRe~ rr.ay pta~-n ar.~! pa~~ fnr si~ch ina~trance or xny rart thnrPnt withnut v~•ai~m~ or affeMinR anY option, li~n,
~qu~ty or r.~ht u~d~•r ~r hv ~•;rtuP uf this mnrt~aR~. ar~l tho fu? amrn~ni ~f each and every euch psyment ~haU
~ be immPdin!e!V dnP and pa~•ablP end ahel! hFer ifl~~`fPCt fmm tAe ~iatc therrot unt11 paid nt the rate of tm per
cPntum pPr anniim anA t~R~th~! with auch tnterest ~ha11 be ne~ured by the lien ot thli mortqttRe.
a To pcrmft, c~~mr:i:t ~r ~utfer no «•n.~~e, ~m; iirment or deterloratton of aafd property or any pert thereof.
b. To pay nil and s:n~ulnr the ~o?t~. cher~ev end exppn9es, includinR reasonaDle lawyer'~ tee~ nnd ccu+t ot
~ aDstracis ot i~Ue. Invnrred or paid at xny time by ~~id ;S~rt~aFee beceu~e and~or in the event of the fallu»
on the part o[ the snid AiortRe~nr to dnl~, prnmptly and tully peKorm, dlschar~e, execute, ettect, complete.
_ comply w-ith and sbide by each and evPry the sttoutation~, nRreemente. ~ondiU~ns and covenanL ot ~a~d promis-
eory nnte, and thi~ mortRaRe; any or ~lthor, nnd .afd rosta, charRe~ and eapenses, each and every. ~hall M Im-
= mediately due and psyaDle, K•hether nr not there be notice, d~mand, attempt to collect or ault pendtng; and th~
`.>z full amount ot each and every ~uch pa«nent shnll bear interest [rom the dste theteot untU pald ai the r~te ol
~N ten per centum per annum: and a11 esfd r.o~te, chRrRe~ and e:pense~ w Incurred ot pda LogeUer v~ith wcD !n-
= tercst, ~hall be secured by the iten ot thla mortgage.
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