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HomeMy WebLinkAbout0173 ~ s. - - - STUART. Fforida, ~ FOR VA RE IV ;,FZQ,S~ndersio~~ ' . ~ointiv r~~l cev~•ally, PROMISE TO PAY to the orde~ of.._._ ~ ~ . - DOILA • . . RS ~ at JeriSen Be3Ch, lo~~---- . . _.or su th~r plat~ ~s th~ ho1dK • he~eof may dasignate in w?it~ topether with interest f~om date at the rate of ...10. _ per c~ntum p~r •nnum on th~ unpaid baiance until maturity. T id principal and interest shall be due and le In 60 (sixty) ~~al y installment S (Dollars) ~ including ir~terest. ~ The lst payment shall be due (Date) - ~ This note may be pre at any tin~e wi t p~xsalty. H de~wh b~ ~ arM fw 1 ~ d+Y~ ~ oatr~.w~t e1 MY ~mh11n~M~ o} w~ncro+l w:n a arw on~ eM~w/. ~M wAe~~ ~ww /Mn r~wup ~ ~•npa~d w•eti .rtae~e > all ~f ~olde%s opr~on ~c due ~.W p~Y~pb wi~ApN naK~. Fa~h,n b f~M[~N • ophm sh~ll np~ tq~ • wa~vN el IM rpht ~o •¦«cnf eM La-e n eh~ ~vMt ef s~:Meo.,en fau~+. alre. nyrwiry bWh pinupal Md ~cawd u+r~.e~? sA~ll mhhrese ~t ~j,d pp c~nhwn pp ~nn~en .i , w.d. ih~ m,?~n ~nd ~ndonm ol r6• • iwdw w~~w dee++nd. not:c~ si non~rw~w~t and wohft. 11 tl.;~ i~ ~+ot oaie tl m~nu~h ~nd ~M isn» n o~~c~d w~~n ~n •rewn~y fw colhc+an. ~ ?en u+d Mdawn Mrwl pr» 1~ p~r NI cwb of eoN~ct~oe. ~.+cludinq t cosb ~nd nno~N ~ttor~w fN~. ~+e o~v poyme•~~ ~s aa~d n+ore Mo~+ eors olter due ene.,. r, odd,rwn ro w~d poynr.~r, rhe nwkp s1w11 ooy o IATE NGE of 596 01 ~M poym~nt du~ ~r SS.00, wr+~che~e~ ~s t~ss. Th wnan sholl not be consfrved to n+o~iy fhe defoulr pov~sran Irrew+ u t1~ ~nfenst hM aioult. ~ ~ C O P Y SEAI) ~ . . . L) and shall duly, promptly and tully perlorm, diacharge, execut~, ettect, comptet~, .~omply w~tA and abide by eacb and e~erv the st~pulauons, agreemenlu, condd~ons end covenants ot ~x~d prum~s~ory note and ot ttw mortsap„ tJ~en tWs mortgage and the estate hereby created shsll cease and be null ana aoiA. It ~a undentood that euh ot the wonle, "aote;' '•mortgagor" and "mort~ee" respecttvelr and t}re proa- ouns reterring tberet0. wbether in the sinRula~ or plucal anywhere in lhls mortgage. shall be aingulae f[ a~e only and shall be plurs! jointly and aeveralty, if more than one, wnd nhall he inx~culine. [eminine aadtor neutei. wMt~ ever the context ~o implles or admit~. Md said Hortgagor for hlm~eli •nd hia hein, Iegal repreaent~tives, auccwors and wipu, 6ereby oo~ta- ~nts ana agrees W and w?th said Mort~gee, hia leg~l representatlves, succeasors and usipu: 1. To pay aU and singular the principal snd interert and the various ar~d sut?dry ium~ of nwn~r pq?aD4 ~ vlrtue ot ~sid pwmiasory note, and this mortaa~e, eacb and every. promptly on the day~ tesp~ctf~Ny tM p~ •everally become due. • To pay ~11 and singular the t~ucee. ~~aes.cmrnts, le~ies, I~aDilitiea, obli~ations and lncumDrances o! aver~ nature and kind now on said descnbed proF+rrty, snd ~or that hereafter may be impoxd. ~uflered, placed, levied or assesaed thereupon, and • or that he~eafter may be 1~•~ ced or asw•s~ed upon this mortgage and/or the indebt~4- ness securcd hereby, each nnd e~•ery, N•hen due and payaQle ac.rr~t~n~ to lsw, Defore tAer Decom~ dellaquent~ and betore any ?nlerest aitaches or any penalty ~v incurrrd: a?nd 1n w[ar a~ anv thereot is ot reCOrd the satfN ahal{ be promptly satia[ied and d~schar; ed ot record and the on~nal ofhcial document (auch aa. to~ itutaneR ' ihe tax receipt or the satiafacuon paper afhcially emter.~ed or certi[~wi~ shall be pl~ced fn the hands or ,ua Mort~Cagee v~~thin ten day~ ncxt atter payment: nnd 1n the event that any thereof is not so paid, utislied and ~ diachsrged, atid ~iortqa~ee may at any t~me pay the same or any ~rt thereo[ v~~fthout wai~ing or attectir?s any option. lien, equtty or r~Rht undpr or b~ r~rt~u ot thts mort~aRe, and the full smount ot each and every such payment ahall be immediat~ly due an~1 pnyable ~nd shRtl bear interrtt lrom the date thereot until palA at the rate ot ten per c~nturn per annum xnd togeth~r v~nth such Interest ahall be aecund by Ne lien ot thi~ mortgage. 3. To place and continuously ke~p on the bwldln~a now or Aereatter sttuate on aaid land itre and wtndstorm insurance tn the u.~ual standard poliry torm, in n rum not les~ than ~d by Fbtl.de lai1.._., In nech com- ~ pany or comp^ni~s as may be approved bv ca:d Mnrt~a~~~e; an+t all ~uch it?surnnce poHcie~ on any ot taid Duild- ~ inge. any int~rest therein or part thereof, in the afi~r~~ate ~um ator~vaid or in exce~s thereot, shW contain t2N usual standxrd mnrt~aq~~ clause makmR ltie 1~~~~ ucdrr sa~d ~+oticies, cnch and every, payahle to said ~tort~a- ~ gee a~ h~s intercst may ap~+c~ar, anA Pach ae~d ~~•P:y f~~~ h{H~I~cy .hall be promptly d~livered to and hdd by ufd blort~aqee; and, not less than ten day~ in ad~•an~e nf the •:pirwtion ol each policy. to deiiver to aafd Mor~a~e~ • renr~val thereof. toqetDer with a receipt fnr th~ pMmium ~t s.n~h rrnewal• and there shall be no snch iruur- ance placed on any of .~?id buildinRs, any interc~t therein or p~rt theroot, unle~s in the forrn end vvith the loa~ pavabte as atoreaaid; nnd in the e~•~nt nny sum ot maney becomes payable under s~ich pollcy or pollcies uid Mert~Ree ahal! ha~e the optinn to receive and arply the ~m~ on account ot the indeDtedness ~ecured hereby or to Mrmit said !Kort~aRor to rrcel~P nnd u•e It or sny pnrt ther~t for other purposes without theteby waivfn~ or impairin~ an~ equity. Ifen or n~ht under ~r by ~I~tue of thi~ mortga~e: attd in the event ssid Mortgagot ~hall for nny r~:t_gn~ fa~l te kPPp the saeA prpm~~rc in•ur~.i. or fail to dellver prompqy any ot sald policiq of € insuranc~ tn sa~~i :~inrt~a~[~e. or txil promptly to p~~ [utly any premium therelor, or in any res~+cct tatl l~? per- ~ form. d~achar~e, exerute, e(fect, compl~t~, comply a~th and abide bp this covenan~ or any part hereot, uid Nort~- ~ aRe~ may plac~ an~i pAV tor such imurance or anv part th~rrnt with~ut waiving or attectlnq any option, lien. equity or nRht under or by ~•~rtue of thi~ mortRaRe, and tfie tull amrn~nt at each and every ~uch psyment shall £ be lmmedietely due and pa~able end ahell brar int•rest from the date thernof until paid at the nte ot ten pee ~ centum per annum nnd toRether ~with such Interest sha11 De secured by the lien ot W~ mortga~Ce. i 4. To permlt, commit or n~ffer no aa~te, impairment or deteHontloa ot uld property or any psrt thereoR. ` r , 6. To pay all and sinRvlar the casts: chsr~e~ and exprnses, includi~g~ nuonable lav?ryer'i tees and cwt ot ~ abstracts ot title, tncurred or paid at any tlme by sald MortgaRee because ~nd/or ta the ~vent of the tdlur~ ~ on the part of the ~ald Mortga~or to duly, promptly and tully peKono, dlscharge. ezecub, eKrM. complet~, comply with and abide by each and ev~ry the ~tlpulatlons, a~reemenU, condfUons and ooven~nL o! uid promla- ~orq note. arM thls mo~t+taRe, any or either, and safd coats, charges and e~cpensea, each and every. ~hall ~e Inr mediately due snd psysDle. arhether or not there be notfce, demand. attempt to coUect or ault pending; aad t!w full amount ot eacA and every such payment shall bear interest twm c~. e.a u~eKOr uaw w~a at tlu rfte ot ~ ten per centum per annurn: and all safd co~ta, chargei snA e:pen~w w lacurr~d or palq, W~ethtr wlth aucb in- terest, ~AW ~s ~ccured by tb~ llen of W~ mortgasa. ~~~r257 P~~E ~.74 _ M~: _ - -