HomeMy WebLinkAbout0161 ~~a
STUART, Floritla,
FOR VA RE EIV Lh~~ndersian..~l jointiv a~~ cevP•aily, PROMISE TO PAY to the o~de~ of .
nRN1C
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a1 Jensen Baach, lo~3da~ . _ .o? s th~r plac~ a: th~ holdN
her~of may das~gnate in w~it~ together with i~terest from date at the rate of 10 . per untum p~~ annu~n on th~
unpaid bslante until maturity. Th id principal and interest shall be due and le
In 60 (sixty) eclual thly installmerit $ (O~llars)
includinq interest.
The lst payrt~ent shall be due (Uate)
This note may be pre at any time t penalty.
I} dt/Wif be maW Iw ~Q d~1ls ~n DaY~Mi O( Mfy iMNit+71Mf of WuK~N~ w:n M N1V PK~ N~N~oi. flf~ wA01~ suw~ M~M~ ~~wyiw:n~
ue~pa~A w~~h n~e.ti~ .~all N Aolde*'a evf~on b~c dv~ a~y D+r~bN w~N~out na~ca, ful~..~ a•¦e?as~ oM+on s?rU rot tq~~~~4 •~r~iwr of ~M +pM
+o ~,ea~w tM u~.~e M~ e+~nr o! subse~.:en fwh. pt~e~ maw.f:y bo~h p:nup~l ~nd xcrwd .nfNnt sM~l ~n~r~y~ ~L CM c~ pr Mwew
w.~~+ pa ~d. Th~ ~nMns r+d ~~donen of ~A, fwNw wa~w de.wand, na~c~ of non~qrn~~ ~nd wW~+t. ~f tA;s K not ap q wr~,h ~ yy ~My q
~ plaad w~M an •nwn~y /w cdl~ct~on. kNS and ~ndawrt Mrwf prN b Pw ~11 cwa oF coti~ctca~, ~nclvd~p cp~s ~~e~0y ~ f~.
a+Y po r~+e~t n po~d mae thon dars otfe. due ~hen. ~n o0d.rwn ro w~d poymenf, tn~ mokp shosl poy a LATE qGE of S. M tl~ peyiMi~t due
or f5.00, rh.che•e. ~s 4ss. ~ian s!w!1 nof Ge cwnt?~ed to rrwd~fy Me dNoule pw~s~an rwe~r a~ f/K ~nte~s} a~p~,
C O P Y
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and shall duly. promptty and futly perform, d~~cha~ge, execut~, e![e~•i, coinplet~, •~omply wtth au0 abide by e~cb
and every the stipulaUOns, agrnm~nL+, condittoru and co~enants ot ~~zd prum~saory note ~»d ot thia pwrtsaj~.
then this mort~[age and the eatate hereby created ahal) ceaae and be null and ~•oiA.
It ~s underatood that each ot the wonls. '•note; '"mortRagor" ~r?d "moYlRege~^ respectivelr tod th~ prqh
owis re[emag there[o, whether ~n the alnRular or ptural anywherc in thfs mortga~e, shall be an`ular It one ady
and shall be piurea jointly snd xvenlty, if more than one, and +ha1! be r~asculine, tem~nine and/or neuter. w1Nt~
ever the oontext ao implies or admlts.
Md ~ld Hortgagor tor himselt aed lua heirs, legal representati~-e~, aucces~o» ~nd aWta~, persDr opvea•
aats ana asc+ees to and with said Mortgagee. his legai representstives, succ~ssoro and assipes: ,
1. To pay aU anA singutar the princ~pa! and intereat and Nt ~arious and ntadry suau ot monep paysDb D~j •
Wrtue ot satd promiawry note, and this mortgage. each and every~ prampUy on the days ees~ct[~ tb~ a~ar~
severally become due.
2. To psy al) and singular the auces, as~es•ments, fevies, fiaDil~tiea, obh~stions aed Incumbranoes of tres~
. nature and kind now on said de~cn~d property, and or that her~after may be imposed, autfered, plued, bvieQ
or assessed thereupon, aad or Lhat heresfter may be Ie~•~ed or asu~c,ed upon this mortgage and/or tlre indebttd-
nes~ secured hereby, each and every, w•hen due and payabie wccerdmg to law, 6etore thtr become deliaquenR
li and be[ore any interest attarhes or any penalty ~s incurre.i: and ~n w far aa any thereoi is ot reco[d the ~aM
r ahall be prompUy satisf~ed and d~schar~ed ot rec~rd sind the onR~nal off~eial document (wch u. tor in~taap;
the twx receipt or tht satisfact~on paper otf~ctally en.lorscd or certif~rci~ ahal! be placed 1n the hands of ~
j Mortgagee within ten days next aft~r payment; and in the event that any thenoi ~s not so paid, sttLCed and
~ dtscttarged, ssid Atortgagee may at sny t~m~ pay the s:ime nr anv pari lhereot w~ithcwt wai~ing or aftectins
any opt~On, lien, equt[y or nRh[ un~tr! or bt ~•~rtu~ of th~5 mort~aRe, anA the f:ill amount of each and ever~
~ such payment ahall be immediatrlv Jue an~i payable and shall bear intemst from the date thee+eot unW paid
~ at the rate of ten per c~nturn per ennum and t~~eth~r w~th such ~nterest ~hall be aecuoed by ihe Uen ot t1W
mortgage.
3. To place and conttnuously ke~p on thP bu~ld~nt;s ~~w or hereatter sltuaLe on said land flre titA vnlndstoes -
Insutance in the u~ual standard poLcy f~rm. in a tum not les~ than ~16C1~d~ bS/ Fbrlda lai1._.., in such tom-
. pany or compraies as maY be rpprnvr.i h}• ~a:~l ~inrf~a°~•e: emt :?11 ~uch ~nsurance ~lictie~ on ~uly ot said build-
ing~, any int~reat there~n er paK.thereof, ~n lhe n~Cr~•~ate aum afonaa~d or in exceu thereot, shall contaln tM
usual atandard m~rt~aqe~ ~fauce mak~nR tlie 1~•~~ ur~1~r xi~d ~+olicies, carh and every, payable to said ~Iortsa-
gee as his interes: may appear, anrl Pach ar.d r~•~ry h p~~l~cy .hall be prompUy drlirered to and beM by saiQ
1?tort~agee; and, not less than ten dav~ tn a~i~an~e ~f the ~:p~rattion ef each policy, to deliver to sRld Mort~a~e~
a reoe~val thereof, tn~ether v~•?th a re~e~pt !nr tho pr~m~um nf .:irh r~newwl: and th~re ahall be no wch inwr-
ance placed on any of ~aid buildint~~. any ~nterest therein or pert ther~of, un1e+~ in the fornt aod arlth tM loM
~ pavable aa atoresald; and in the e~-Pnt any sum of money become~ ~ayaDk under such pollcy or policies uid
A~tort~aRee shall ha~•e tAe opti~~n to recesrP and ~~ply the ~nmP ~n account of the indebtedness secured 6er+eby or
to Mrmit said 1liort~a~or to re~e1~•~ nnA ~s.e ft or any rnrt thereot for other p+irposes writhout thereb~? wrairlns
~ or impairing any equitv. lien er n~ht under nr by ~~rtue ot th~a mortg~e: and in the eveat stid Mortgagor shaU
for any rPn.s~s f~~l to kePp the saiA pr~mi~~s ~n ~n~ur~A, or fail t~ detiver prompUy any ot said policies d
~ insurancr to sa~d l~tort~a~C~e. er ful ~romptly to p,y f~~lly :iny premium therefor, or in any re~pett ts11 lo per-
form. d~scharRe, eaccute, elfPCt, complPt~, comply u~th and aA~~ie Dy this covensnt, or any put hereo[. aatd ~Iortt•
~ ager may plac~ and pay for such inaurwnce or any part th~r~nf w~thout ~calving or at[ectlnR any optiott, liep,
equity or nRht under or bt ~•irtue of this mnriRaRe, an~l thr full :?mo~~nt ot each and erery anch payment shtII
~ be lmmediately due and ps~•able rnd shel! brar intorest from the date therrot unt1l paid at the nte of ten pet
~ centum per annum nnd toRether with ~uch Interest shall be necared by tl~e liea of t1W tnortayCe. - ~
~ 4. To permlt, cemmit or sufter no w•aate, ~mpairment or deieriontlfln of sald property or anr part tl~ereot.
~ 6. To pty all and sinRular the co.t~, char~e~ and exp~naea, includ~ng reasonable lawye~a feq and ca~t at
` abstracts ot litlr, tncurred or paid at any tfine by aaid MortgaRee because andior tn tAe ~vent of Ns tdtn»
~ on the put ot the safd MortRaRor to dl~ly, promptiy and fully peKorn~, dLcharae, e~[eeute, effeet, complet~.
comply vrlth and abtde by each snd ev~ry the sttpulatlon~, agreements, condiUons aad oo~enanU ot st~d pr~ni~-
sory note. and this mortRage, anq or etther, end ~aid co~ts, charges and acpen~cs, each aad ~?erp, sDW b~ 1nM
mediately due anA payable, whether or nQt therr De nottce, demand, attempt to ceUeci or ault pendlns; and tlr~
Pull amount ot cach and every such payment shall bear intereat tmm th~ dat~ tMreot unW pafd ~t the ratt d
tea per centtun per anr~um: and a11 ~sld coste, charges and expen~s~ ~o tncurt~cd or pata toptl~r wtth wcD 1n-
terest, ~ha11 b~ aecured by th~ Uen of thls mortgage. .
RfIR! 2~~ PA~E .
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