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HomeMy WebLinkAbout0179 . ~ . ~ ~ s--- _ ~ STUART, Florida, _ . ~ FOR VA RE EIV th4~ndersianA•1 ic,intlv a~~i ~evP•aity, PROMISE TO PAY to the order of. ~3A[~IIC - - - - - . . _ _ ...__._._DOIU . - - - . _ _ . . a~ Jellsen Beach, lox'~1 . _ or :u ~h~r place as th~ hold~r •L hereof may designate in writ~ together with interest fram date at the rate of 10 . per centum per ~nnuR? on th~ unpaid balance until r.~aturity. Th id principal and interest shail be due and le r_ _ t. Zn 60 (sixty) equal thly instalLnent (Dollars) including interest. The lst palm~e~t shall be due (Date) This note may be pre at any tiine wi t penalty. i- Il defwN b. %^W~ fw 10 dws wr~^~nt oi a~y in~f~lln~a~~ oF W~nc~ql or ~n?K a. ~nr o~ ~~~of. Nv wAol~ w~w tlyn ~~a~.uiy E ~;.npa~d w~M n~e.nr ,~au Relds•'s op~•on ~eco d.,e ~no oar+bh wi~hoW oor:c~. fa~la• ~o n~n~s~ s op~+on il+~U no~ A~~N • wWVrr ef M~ ~:qAf ro•arc~s~ M~ uTe .n tA~ ~v~M o1 subseQ.,en fa~~~. Pfrer ~.+arivity boSA p.inc:pat ~nd xcrwd ,nNr„f aMll ~.+taes~ N~U pe c~nMw pN N~wen ~n~~~ p~~d. iM ms~~r~ Md ~ndw~n o/ ~h• o~~ f~r+~r w~~w den~and. nonn of non-ar~f a~d pro?~~~. 1/ M~~ is nW ab ~t T~t~,c~H ~~y ~ i~ ; v~~e~d wiM ~n •no.n~r fw eoU~et~m. e te.~ w.d M+dorw.~ Iwr~ol ~prM » P+r a11 ewn o1 eolNa~oe~. ~nd~nq N rt eosn ~nd n~~on~bM a~ornhr h~a• ~t ony r ~t pc~d mort tho~ doys ofre. due ~hen. ~n odd•~~on ro sc~d por~~. ~h! nwYe. sho~1 poy o LATE qGE ot S~ of 1ht pay~Mnf du~ ~ w fS: .~rh~cf+e.n ~s IKS. TT ov~swn slull nor be ce~~tr„~d to rr+od~fy the d~foult prov,sro~a A~+er w fh~ u+te~st N d~ ouM. C O P Y SEAL) . ) ~ ~-0fifi +,.kti,}~+~0.{ F. and shal! duly, promptly and fullv peKorm, d~scharge, ex~cutr. ef[ect, cumplet~, ~omply w~th and abide by ~icA and everv the stipulat~ons, agreements,- conditu~tis ~nd covenants u[ sRid prum~s~ory note and ot thi~ mortsar. then this mortAage and the estate hereby crented shall cease and be null ana roui. It ~s underatood thst each ot the wonla. "note," "mortR3gor" und "mortRaqee" re~pectively ~nd tbe prop- ouns re[ernng thent0. whether ~n the sinRular or plural any~+vhere in thls ~nortgage, ~shall be a~ngulu !t ona only and ahall be plural ~ointly and xverally, it more than one, snd shall tk ~nasculirie. [eminine and/or neutec. v?lat~ ever the cbntext so impl?es or admics. Md eald Mortgagor tor himselt and h~s he~n, legsl repreaentati~e~, ~ucces~ots and aeslpts. btr~by ooveu- utta anu agrees to and with aaid Atortgagee, hia legnt repnsentaUvea, successor~ and aasi6ns: I. To pay W and singular the princips! Rnd interest and the vanow and ~undry iums of moner payabb ~ vfKue of said promiasory note, and tltis mortgage, each and every, prompUy on the days resp~ctivety th~ wu~ . sevenlty become due. Z. To pay all and ~ingular the taxe~, a.s.ses.~mrnts, lPV~ea, Gab~Lti~~, oDl~~Ations and tncumbrances ot evee~ nature and kind now on said descnbed propPrty, snd nr that h~reatter may be impoud, sufterM. placed. levied or asaesaed thereupon, and~or that hereatter m:?y br Ir~~+ed or ass~~s~ed upon this mortgaRe andlor the indeDted- ness aecured hereby, each and erery, w•hen de~~ and ~~ayable arrnrding [o law, betore they becom~ delu~qutnt, ' . and betore any interest atEaches or any penalty ,a ie~curr.•~t: anJ in +o tar a~ any thereot i• o[ reoord the attn~ ' ahall be promptly satisfied and d~schar~ed ot reconf xnd the onRmsl ofhclai dacummt leuch u. tor fnstane~. :he tax receipt er the satisfaction paper oft~cially en•f~rwd or ccrtihed~ ~hsli be plsced tn the hufds ot sat0 Mortgagee within ten days next atter ~+ayr~cnt; and in the e~•ent thnt any thereot is not so paid, sttistied and i discharged, said 1ltortqa~ee- r..ay at any Um~ p~?y the s:in?e or any part thereot wtithnut wai~Kng or atttctins any optiOn, lien, eqw[y or nRht undFr ~r b~• ~~~riuP of th~g m~rt~aRc, and the full amount ot eaCh and every ~ such payment nha11 be immed~atrly due and ~ayahte ~nd ahall bear inter~s; irom the date thereof until paid at the rate of ten per crnturn per annum an~i t~~~ethrr w~th such ~ntere~t ~helt be secured by the lien ol thb mortgage. 3. To place ar~d cont~nuously kerp on the bu~ld~n~s nnw or hercatter sltuate on said land tiro anA wtndstorm Insuranre In the uaual standar~l ~+ol~~y f~rm. in a•um n~t le.c~ than ~d b~?~t~H 18W...., tn such Com- pany or comp°ni~s as may be aF~, mve~: h~ cz,~l ~tort~~~.~e: amf n!i auch ~nsurance ~+c+licies on any o! ssid buiid- ing~, any int~re~t therein or part thereol, in thP n~~r~•r~,ite sum aforPaaid or ln exce~s thereof, ahW contain th~ usual standard mnrt~aq~~ ~lauce makm~ U~e I~~~~ ur~l~•r s~ud pohcics, ea~h end ev 4~y, payable to said lJ(ort`a- gee ac his interesi may a~~F?e~ar, and ~ach ar.d P\'P;~' .6!Ir h p~~hcy ahall be promptlY/~1Pliaered to and hNd by sajd MortRagee; and, not less ihan ten ~lav~ in nrf~•an~e nf the •xp~rat~on o! each poUcy.~ to deUver to sRld MortRaRe~ a rene~v~l thereof, ta4ether w•ith a rere~pt tnr thP prPmium nt .r~~b r~newnl: and there ahall De no such insur- ance placed on any of said bwtdmRa, any ~nterest th~re~n or pert therrof, unlev in tne form and wftA the loY pavable as atoresalJ: and m the e~•~nt any nUm of munry becomea payabl~ under ~acA pollcy or polfcies taiA Mortaa~ee shall hs~•e the optinn to r+~cei~•P and anplv the aam~ on arcount ot the indebtedneas secured hereby or ~ to Mrmit ~a:d Mort~a~or to rerei~•~ nnrl ~i~e it or any pxrt thereo[ for other purnoxa a?ithout thersby wajvtns , or impairin~ sn~ equity. lien or r,~ht unefer ~u by .•irtue of tt~is mortgage: and in the event ~aid MortgyCor shall i for any rP~sn~ [a?1 to kr~p the !~ald pror.}iv~s an ~nQurrd, ~r fail to ddlver prompqy any ot sald policiq ot lnsuranc~ to sa~d 1ltnrtRaR~'e, or fait prompttv t~ p~v frilly any premium therefor, or in any nsj?eet fa11 to per- r torm. d~echar~e, execute, effeet, comp)PtP, comply ~~1th and abi~ie bv thia covenant, or any part hercot. ufd ~Iotts- ~ a~Ce~ may placp ~n~i pav !nr s~~ch insurance or nny pdrt thrr~nf with~ut waivufg or attecting ~ny optien, li~n. equity or rsRht under nr b~ ~~rtue of thin m~rt~eRe, an~l the fuSl amount ol each and every ~uch payment sha11 ~ be Immediately du~ sn~i parable nnd shett brer ~ntPrest Irom the dete there~t unt11 paid at the rate ot ten per centum per annum and to~ether wiih .uch Interest sha11 be eecured by the llen ot thi~ mortgaAe. F 4. To perm;t, comm~t or aufter no «•a.vte, ~rnrairment or deteHontlon ot sal0 property or any psrt thereot. ~ f 6. To pay sll and ain~utar the co.ta, char~e~ and exp'n~es, including reasonaDle lawyer~ teq and co~t ot abatracts o[ title. Incurred or paid at any time by aa(d ~tortgaRee becsuse and~or In ths ~vent ot the f~llur~ on the part ot the said Mort~aRor to duly, promptly and fully peKorns. dtschatgt, e~[ecute, eKec~ cotnplei~. rnmply with and abide by each and evPry the etfpulations, agreements. conditlons and cove~ant~ ot said promb- wry note, and thls mortRaRe, any or elth~r, en~f aaid co~ts, charges and e:penses, each and every, ~haQ D~ Im- mediately due and paysble, whether or not then be notice, demand, attempt to collect or ~ult pendtng: and ths full amount o[ each and every such pavment ehsll bear inter~at from ths dat~ thereof uaW pl~ld at the rate o~ teA per centum per annum: and alt aald coate, charRcs and e:pen~as ~o ~nc~ut+ed or patd, W~ether wrfth aucb fn- terea~ ~hW D~ ~ecured by ths !!en of ihfs mortgage. Ron~ ~5~ PACE . . _ ~ _