HomeMy WebLinkAbout0149 i
~ E .
~
~ S - . . STUART. Florida. . _ . _ .
Ft7R VA RE EIV tha~ndersianP~ joinNv r~~ ~evP•aily, PROMISE TO PAY to the order of
~ . ~lLVK-•--------- ~ - LLAR
- - . _ . _
- - • .00 S, -
at Jellse]1 Beach, lox~. . --or su ther ptaa as th~ holdK -
Z, hereof may cieeignate in wrih together with interest from date at the rate of 10 per centur+ per annum o~ th~
~ unpaid balance until mafurity. T id principal end interest shall be due and le
~ In 60 (sixty) ec~ual thly installment $ (Dollars)
includir~g interest.
;
,
The lst payment shall be due (Date) ~
~ This note may be pre at any tiine wi t penalty. 4
= I( dtl~~lt be T+d~ fw 10 day~ ~n osymen~ ol ~ny indatlmMf of p~~nup~l m~~eN w uhr pu~ MNpf. Me wlal~ ~ww Myn r~N,.ry
ti• ~r'pa~d w.r~ ~ntaef~ .^all ~oldt•'• ope~on bte d,e ana o~r+~~ M';~~ ea~c~- i~~Iw~ ro•.~.c~t~ 1 op~~on shall nW ~~~•N • w~ivp o( IM riyAl
ro ~,e.ose ~M s~Te n rh~ ev~nt ol a~bfep.,en /aut~. Afrer rna~~nry boM winawl ~nd ~ccrwd .nq.~s~ s~atl ~nr~r~s~ N pp cMhun pN ~ne~an
..~r,~ p~~d. iF.~ ~nairrs and ~~do.~~n of M~ r~ f~r~tiee w~~w deT~~+d. notic~ of non~y~nen~ •~d aon.~. M~s ~s no~ paw ~t nuhx~ly ~nd 1M aMy i~
o~u~d w~M ~ u~orn~y fw cdhcnon. ~ kN~ ~ed ~ndaur~ Mreof ~yrN ts o~Y ~0 cwn ol coN~cf~on. ~nclvd~nq f caa ~nd rNaon~W~ ~twrn~y t~p.
~ ~t onv po vm~n? ~s po~d mwe Men doys aNer ~nen. ~n odd,r~on to saw pormenr. ehe moktr ~11 por o UTE QGE of S% 01 tM poymM~t dw
~ o~ SS_00, rhKht•!~ ~s tess. Th~ ovnron snolr not be construed ro mod~fy tAe defwir prpv~s~Ons hNtm w tht u+terKt ffa d~iaulf.
~
C O P Y SEAL) _
y " ~
. ~ :w,tifi44~fi~••
.
-
and shall duly, promptly and fully perform, d~~charge, execut~, eftect. cnmplet~, ~omply w~th and abids ey ea~h ~
and everv the stipulationa; agrecmenta, cond~t~u:i~ and co~enants ut said pr.,m~ssory note and of this mortsap„ '
then tfus mortRage and the estate hereby created shall ceaae and be null ana ~•oiA. ~
It ~s underatood that each ot the worJs. "note," °mortRagor" und "mortRegee" reapectively and the pron.
oons referring thereto, whether in the ainRular or plural snywhere in th1~ rnortgage, rhall be a~n~ular It oAe odr t
, and ahall be plura! jointly and ~evPnqy, K more than one, wnd ahall be ~n~uculine, tem~nine and/or neuts[. aMe~
t,;
ever the coniext ao impliea or admits. , ~
Md ~ald Mortgagor tor him~dt and his heirs, IeRal representatir•ea, auccea~oro and auisn~. hersbr Covea- i,
anb ana agrees to and v~nth said ~Iortgagee, h~s legxl reprcsentnt~ves, succr9sors and aasl~ns; i:
l. To pay W~d singular the principal nnd intere~t anA the variow and aundry aums ot n?onsy p~paeb D~
vinue ol said promis~ory note, and ttus mortg:ige, each and every, promptly on the day~ resp~ctivety th~ wrN
aeverally become due. #
2. To pay all and aingular the t~xes, ~sses.sm~nts, te~iea, liabit~tie~, obl~~etions and incumbrances ot aver~
nature and kind now on said de~cnbed propcrty, and •nr ihat hereafter may De impoxd, su[fered, placed, levfed
or assesaed thereupon, and, or thai herealter mxy bP 1.•~;ecl or asa~~c~ed upon this mortgaRe and/or the indeDted-
ness aecured hereby, each and e~•er~, N•hen due and payable ac~mding to Isw, be[ore tAey beeome delinqueat~ !
and bctore any interest attaches or any pennlty ~9 n:currrd; and ~n ao far aa any thereot ii ot retord the sanu ~
shall be prompily satisfied and d~schar~ed of r~coM and the on~nnal otGc~al document (such aa, for ituta~fe~. ~
:he tsx receipt or the satiaf~ct:on pap~r off,ci.illy emf~rkd or rert~fird~ sh~l1 be ptaced in the hands of said
~ Mortgagee within ten d~ys n~xt after ~ayrr,ent; and in the ceent that any thereat is not so paid, istisfied and
i discharged, said Atortqa~ee map at any time pay the s:ime or dny part there~f w•ithout wai~~ng or affectins :
~ any optien, lien, equity or nRht un~i~r nr b)' ~'~riur of tMs mort~aRe, and the full amount of euh and every ~ a
~ such payment ~hall De immediat~ly .lue arni +~ayab;e ~n~1 shall bear inier~~t from the date tAereof until pafA
f at the rste ot ten per c~rtturn per annum and t«~ethrr w~th such ~ntercet ahall be seeured by the lien of thi~
~ mortgage. -
~ S. To place snd continuously kePp on thp bu,ld~nce nnw or hercafter altuate on said land flre and wfndstorm
~
~ insurance tn the unial standarri rnli~v fnrn:, in n~~m nnt ies.~ thnn ~d by F~t1d8 18W...., te such Corn-
~ pany or comp,r.i~s as may be appr~~vrd hy ~:?,~1 ~t~,rr~a~~•e: an•t alt .rurh insurance pc~licies oe ~~ny of said bulld- ;
inge, any intereat therein or rar[ thereof, ~n thP nr~r~•~ate ~um aforova~d or ~n exce~s thercof, shsll contain tl1~
~ usual atandarA m~rtcaRee ~let~cn makinq lhe I~~ ; ur~l~~r ~n~d poLriea, each and evtry, payable to sud Mort=a- i
gee as h~s interest map appear, and cach a::~l P~~r; h~ Eu~i+cy ahall be promptly drlivered to and held by ~aid `
~ ~fortRagee; and, not less than ten ~iavs in 3.I~an~~e nf the •xpirxt~nn of each poGcy, to dNiver to satd MortRaR~ :
a rene~val thereof, toRether v?ith a rcce~pt fnr thv pr~mium ~f ~~~rh r~newRl: and th~re ahalt be no auch insur-
ance placed on an~ of wid bu~IJinRs. any ~ntrrest th~rr?n or part thereof, un1e.~ in the form and vHth tht loq ~
i pavatle as atoreaaid; wnd in the e~•pnt any sum of m~~ney hecomes payable under ~?~ch pollcy or policies esid }
f Mort~a~ee shall ha~•e the opti~m to recei~•~ and ~~~i.• the axm~ ~n account ot the Indebtedneas secured hereby or ~
•
~ to Mrmit ~aid Mort~s~or to rPrei~•P nRd :i~e it or any pnrt thereot for other purpose~ wfthout thereby waivins °
or impairin~ an~ equity. lien er r.~ht urtder nr by ~•Irtue of this rtlRrtgaRe: and in the e~ent aaid MortgaECor shall %
tor any mns~~ fnN tn kPPp th~ said ! r~m~a~s s~ 1n~ur~A. ~r fail to dellver ptomptly any ot aald policies ot
~ insurancr to sa~d rtoriRaR~e, or fail promF~t:~~ t~ ~~y [~~Ily :u~y premium thercfor, or in any rea~+ect tafl to per-
~ torm. d~echar~e, execute. elfe~t, com~let~. comply ~~:th nnd ab~de bv thia covenant, or any part heteof. said Mortg- ~
a~er may plac~ an~t pAy for such in.urance or xnv part thrrPnt withnut vvaiving or atfectlnA any option, lien, I
~ equitv or nRht under nr by ~~~rtue of thi~ mort~aRe, arJ thc full amount at each and every ~ucA payment shall !
3 De Immediately due anA pa}•able nnd shall hrAr intorest from the date LherPOt until paid at the nte of ten per !
~ centum per annum and toRether wtith .uch Interest ahall be eecured by tre Uen ot Lhl~ mort6aRe. ~
~ 4. To permlt, comm~t or suffer no K•a.a?e, imrairment or detertontlon ot aafd property or any part thereot.
6. To pay all and ainpular the co.ts, cher~e~ nnd exprn~e9, includinq nasonaDle tawye~~ fees and co~t ot
abstracta ot title, tncurred or pafd at any tf:ne by said MortgnRee beceuse and/or In the event ot th~ faltara
on the part ot the satd MortRaQor to duly, promptly and fully pecform, dlscharge, e~tecute, eftect, complet~
comply with and ablde Dy each and ev~ry the attputdtiona, aRreemrnta. condfUons and covenanL ot ~id proml~-
wry note, and thb mort~aRe, any or etther, end ~ald co~ts, charges and e:penie~, eaeA and every. ~h~ll b~ Im- -
mediately due and payable, whether or not thcre De not~ce, demand, attempt to cotlect or autt pending• aiM th~ i
~ !Wl amount ot each and every ~uch pa}~ment ah~ll bewr intere~t [rom ths dat~ tbereot until pafd at the nte o[ i
g tea per centum per ~nnum: and all ~atd coste, cAarRes ~nd expen~e~ ~0 lncurrsd or pald. W~~ther ~r1th ~ucb tn- ;
terea~ ~hW bs secured by tAe Uen of thfs morigage. 1
~ ~
~~~K 257 e~ 15p
_.vu~~~ . st
-