HomeMy WebLinkAbout0303 ~:^.rfJS~~~~~v?~~ti~~IIh~~'w•tik'~tih titi~ti~~titititi~titiv.~,?~.ti~}~h~.~k :•stiti~vti-+W~Y~}~h~tititi«i-0~ti~tiM~P~~S~~
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E STUART, Florid~,
~i. FOR VA RECEIVED the unclers+.n~P-~ io~ntlv r~~+ ~evP~atly, PROMISE TO PAY to the order of _
'i a7FN BANK
_ - _
•i - - . . _ . _ DOIIARS,
at Jel~sen Beach, loXida o? su rhe? piace ai th~ hold~r
hereo{ may des~~nate in writ~ together w~th interest from date at the rate of 10 per centum per •nnum on th~
unpaid balance until maturity Th id principal and inte?est shall be due and le
j: In 60 (sixty) e~qual thly instalLnent ~ (Dollars)
including interest,
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~i~ The lst payrnent shall be due (D~ate)
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This note may be pre at any time wi t penalty.
i{ 7~{~ -.i,•• ~O• ~O d~Vl C~Vr,lnt OI •~1y In~}~IITM~ OI p/.nCD11 0} ~•ft1 O~ 1ny p~/I •R~!!D{, 1ff W/~OI• tvT Ihtn r~T~~~.nQ .
a+ a.. .-•e.e;. a~ 'cfde• ~ re• t»:c a_e •~a cawat~ w~rAp~t nm~n ia l_.e ro e.~.t,s~ w oouon sMi: ~of co/~} •+`~w~. of r~e •~phe
•.ea fe ~^e e._.. ^ r*e ~.en/ cl n teeQ.~~r ela:. :.,•er •..ar:..rv bofA pnnc~Dal •rd ~u~v~d ~rr~ret~ t^~~t .~tt.etr sr a1V M~ ctn~cr.~ p~. arn,;T ~
. C, y '^e ~^..r~e a^rf r9c•sers c~ e~ cre i~.r~~~. w,a.ve den~od. ewuce of non~pavme~r •nd o~o~esr. i~ e~+ re~ D~~o ~t ~n~t..r ~ th• s~ma ~s }
:~ced w.•n ~n ?.._.~er 10• co~:ece,o.~, ~n •k~.f snd enOOr~e.~ ~~.~ol ~pN ro P~Y NI coan of co!:~ct,on. •rcludmy ur? cos~s ~nd r~~so~abN •~rorner 1~t~
• o~. nr.~,mr^~ ^,d T^.e Tnc~ cotis ~I~e. d..e ~nen ,n c~9.!~^n en so,O oormrnt rne ~+a:e• sho~~ poy o IATE RGE o) S'~e nf eh~ Dor~r~nt due
' SSi~J. +h~:^e.~• ~1 ~HS T^~ .,.~1~'•n i'~OP .irt w~ t';nstr,~ld t~ m~~1y th~ dt}Oi.it pr~.e~~ti h~~l~^ C~ tht +Nlrlsf Qu /ttr d~fOu~f
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and sha11 d:ily, prom~tly and fully p~rf ~rm. iLvrharRe, ex~cut~. effe~~t cun:rMt~. ~~m~ Iy wi[h and ab~de by eaCh
and e~'cr~• !he st~pu:atiune, aKre~~mrnls, ~undit~o:ts and co~-~•nanes u[ s:ud F•rur.:~s~•~ry note and nf tiua morlga~t,
chen thu mortKage and the estate hereby created sh:~U cease and be nul! anc~ ~~o:,f.
It ~a ~inderstond that each of the K•or~la "note." "mortRagor" wnd "mnrt~nRee" respectirely and ihe pron-
our.s r~fernn~ thereto, w•hethe~ ir. the sin~ilar or plural anywhPre ~n tiits rnnrt~aRe, ~hall be ~ingutat it one oNy
and ~ha11 be ptural jointl}• and se~•~rally, it m„re than onP. and vh:~li t~e ~nriv~ul~nc, tem~n~ne and'or neuter, wher-
e~•er the coniext ~o ~mphes or qdmits. _
And ~aid biortgagor for him~elf and his hezn, leFa! rPpresentatnes, succe_voro and a~aigns, he~eby coven-
ant~ ano agree~ to and w~th ~aid btortgagee, h~s tegal repre+entatives. sucrvvson and asai~na:
l. To pay all and ~ingular the prin~~pa! and inter~st and the vanoue and sundry sum~ ot money payabl• b~
~irtue o[ ~aid promisaory note, and tlua mortgaqe, cach and every, prompUy on the dsys resp~cuvely t~~ aam~
aeverally become due.
~ 2. To pay all and ~m~v7ar the taxra a.~?PSSmrnts. I~~~irs. 1lab~t,t;rs, obl~~wti~n~ wr.A incumbrances ot ever~
i nnture and k~nd nou• r~n ys;J desrr:~~d ,•rn~+.•r±~•, end :~r t~a! APr~afte•r may be lmposPd. au4fereA, placed, le~~ied
i or as<<ssei therrur~,n. ~r.i or that hcr~nfter m.~.- D.~ 1~•~• P:1 nr a-~~•~+c~f up~~n ch;s m~rt~;aKe and or the mdebted-
j n~•s; s~~~ured ht*~b~•, ea~ h end P.Pr:. K•r:~r. ~:r~P a~:~i f a}sblP a~ :~e+rA:r,~; Ln lavr, brfore they Decome delirtqumt~
E nn.1 b••:ore anc :nteres: .?c'aihPS ~~r prnatt~• s, :z~, urr~•.l. an~1 ~n vu far av xny thereof of record the ~am~
' shall be promp[h• sxtisf:ed and ~i3s~~har~~d of rN~•~r~i and thr orr~:mai offi~~a{ ~i~cument lauch as, lor i~utance, "
~ :hr tax reee:p[ er ~he satcs!:~rt:on E~a;~rr ci::; ::t;:}• en t~.r+•••i or rt;fi~~i~ ~!:RII bP plsced In the hand~ ot said
I \tort~a~Pe w~,h~rt ten 3a}•s r.rxt :~ft~r rsyzncn:; and in thP c?•~r~t thxt am• therP~t ~s not so paid. ~atts[ied and
j d~scharRed, sa~d ~S~rtR:~~ee ma}• at any Um~ pay thP s.imt~ or an~ ~art thPrP~f w•ith~ut wan~n~ or affectin~
ar.p opti~n. li~n, equity or n~t:t ~:ni~r nr b~' ~'rrtur of th~. m~rt~;a~~•. xn~1 the ful! amount of each and eeery
~ su~h pa~•:nent shall bF smm~•diate•ly ~iu~ ar.•f ~~a~•aht~ .in~i ~h311 trear mtrr~s: from the dete thereo[ until paid
G at the rate of ten per c~~ntur~i ~er annum and t~~~;Pth~r wzth surh intere~t shall be secured by the lien ot thi~
g mortgage. .
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~ 3. To p!ace and contsruoucly ke~p on the bu.ld~n::s n~w nr herPafter sltuate on ~aid land fi~^e and v~hnd~torm
~ in~urancP ~n the u~ual star.~iar~1 ~~L•~~~' Crr.^'. kTt n~urn Rnt ICS9 than apecified by Fbrida 18w... , tn ~uch com-
~ pany or coirn- s~s ~~a~• b~• n;~ar~•.r.i ~1.r1 \t~~r~~~~~ e. an f:~Il su~•h ~nsur~n~P rnl~cie+ on anV of ~wid butld-
~ ~n~s. any +niPrest thPre~n or e~art ihere~~f. ~n tt:~ acce.•r:irP vum aforP~aid or ?n excess there~f, shall contein 41~
~ usual stanriar,t m~rt~-wqrP ~ta~ic~ mak:n¢ t?•«~ l~:~a iz-~:.•r s•t~~~ rnl~c~r9, C~rI1 AOd even•, payable to sa~d btortga-
~ce a~ h~s ~nter~s: rr.a~: ac~p~ar. an,i .•ach ar~l Pr~-~ A,,.~lt~•y ahall bP pmmpity AFL~~ered to and held by said
aiort~lQee: and, n~t le5s Lhan t~n ~1ars ~n a~i:•~n~-e thP oxpirat~r~n ~f ~a~h poL•cy. to deliv~r to sald btortRiR~
~ a rcnP~~~a1 ihereof. tn~ether w•~th a rc~ei~t tnr thP prrr.±~um nf vnrh r~newal: anA th~rc ~hall bc no such in~ur-
~ an~P placed on an~• nf said buil~tini;9. any ~nlrrrct th~re~n or ~art ther~ot, unles~ in the torm end wlth the los~
~ pa~•at,le as aforesauf; an~1 ~n the e~-Pnt any aum of mnn~y bF~~me~ payabl~ under +uch pollcy or ~licie~ aaid
~ Dinr*.ca~~P shall ha~e tAe ~pt;~~n t~ r~•~e=~•~ and ~FF~!v tF.e ~amr ~n acr~unt of the inAebtedne~~ sPCUred hereby or
tn n~rm.~t a~;Q ~inrt~aC~r tn t~rPl~'n ~en~i ~i~r it ar any ~a.-: therr~f for o[her purroae~ without therrby wa~ving
~ ~r im^a:r:r,~ an•,- P~tiltt' IIPE nr r.~ht un~lr- ~~r by ~•:rtue n[ tt~i~ mnrt~aRP: and ~n the e~~ent snid Mort~aKor ahall
for ar.t• r.~~<.- f~i! t~~ k~~n th~ ~.-+~•t rr.~r::=~: sn ;n=~~.~:1 ~~r fail de:iver promptly am• ot ~aid p~l~c~e~ oi
tnsnr~tnrP tn '.t.rt~zQ~r, nr fa:l rr.~~r:rtt~• in r•:~~ f~~lly 1n}- prcrosnm therefnr, or m any re~pect fafl to per-
- form. ~i~cchxr~~. exeru;c, ~ff~•~t, cnmplrtP. rncr.ply n:th ar.d aht:;.• by thu ro~•enent, or an}• part her~0f, ~aid lliortg-
' eRe~ may piarr ar.rt ~a~ fnr ~u~A in~~~rnnc~ or aflV fiATt thprPnf H•ithm~t k•a~vm~ or affectinR any option, li~n.
x rqinty or r.~ht undrr nr b~• ~:rtuF Uf (F29 mnrt~aR~, ar~f th~~ tull amrnint of rach anA every euch psyment ahaq
be immPdia!rly duP nn~i pa~•aA?e AnJ ahnlt twer ~nrPr~~t fr~m th~ ~tate ther~nt unttl paid nt the rate of ten per
z r~nh~m ~+er annum an~1 t~epth~r w•ith ouch intcrest ~htill be secureA Ay the lien ol .ht~ mortgnRe.
4 To pcrmlt, c~mm:t ~r s~:!fer n~ ~a•~a±e, im; a~rmrnt or deterloratlon of aald property or any part thereot.
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E. To pay aU and a±n~ulnr the COa19. C}t8lSC9 and P?C(1pi13P9, lOCIUdI[1R redsonable lav?yer'~ fee~ and cost ot
~ abstracts o[ tiUe, tn~iirrcd ~r pa~d at any tirne by asld ~1~rt~nQee becsu~e and~or tn the event of the fallu»
- on the part of the ssid :?iortRa~;or to duly, promptl~ and tully peKornn, dfscherge, execute, eftect, complete,
~ comply v?-ith and sblde by each and evPry the silnulation~, a~reemenis. condiUons and covenant~ ot asid premfi-
eory note, and thi~ mortRaRe, nny or elth~r, and ~afd cost~, char~ea end exptnees, each and every, ihall M fm-
- mediately due and payable, w•heiher or not the~e be noUce, d~mand, sttempt to collect or sult pending; and t1u
$ ftill amount o! each and every aurh p~~-ment ~hwll bear ~ntere.t [rom the date thereot untll psld at the rate of
" ten per centum per annum: and all aRfd co+te, chtirRes ~nA expecue~ ~o Incurred or pai~ together wfth wc6 !n-
x` tereet, ~hall De secured by the llen ot thfa mortRage.
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