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HomeMy WebLinkAbout0185 s . _ - . STUART. Florida. _ . . ~ FOR VA RE EiV Lhe undersia~•~ iointiv r•+•~ ~evP.ally, PROMISE TO PAY to the order of BANIC ~ - - { - - . _ .DOILARS, at Jensen Beach, 1~~k1_• - - . . . . _ . . . or su th~r place as th~ holda hereof may designate in writ~ together with i~terest from date at the rate of . 10.. . per centum per ~nnum on th~ unpaid bata~ce until maturiry. Th id principsl snd interest ahalt be dua and le In 60 (sixty) equal thly installment S (Dollars) - - including interest. ~ The lst payment shall be due (Date) ~ This note may be pre at any tiine wi t penalty. .~L 11 de/wlr 6~ ~^+d~ for 1 Q d~» in oar~w+t ef ~nY imblHn«+t o! o~~~+e~p~l o~ i~N~ w~nY D+~ eMno}. eA~ wMb fwn ~Mn r~rn~:~~ ;„np~.a w~eh .cter~.~ .~all /:olde•'s opuon ~ec du~ a~q wraD4 wifheuf noKn. i~~W~ to •¦NUw ~ opnon fhalt epf cq~~••~M • wa~vN ol fM ripl~f _ +o •¦e~c~se Mt s~~-e n M~ ~v~n~ o! wM~a-en 1~v~r. A1rer rwaew~~y boM prinupal and xawd mtp~s~ fA~ll ~~~N~a~ N ~1 OM cenrun~ pa ~nnun~ . , nr.~ pa:d. tM ma~~.• ~nd ~ndo.aen ol ?A. ae fu,Nw w~~w dM~M+d. nOlit~ o! eon•Wrnwnt ad ao?tfr. 1{ tAi~ ia eol p~~0 N nuh1nh a~d fM ~MM ~f Z a~~nd ..~r~ ~n ano~n~ti 1or cotNC+ron. 4n ~ ~ndas~n Mr~of aOrN p o~y N! co~d o~ colhctwn. ~~clud~np r~ caa ~nd ?w+onabN uw.n~~ i~. y~ anr por~~ oo~d n+xe thoh days ofte? aue ~hen, ,n oddn,on fo so~d poyment. ~he nwka sho11 pay o tATE RGE of S~ o( tM payn+M~f dw ~ or s5.00. .h~cne•er ~s less. T!u o~~san s?+o~~ not De construed ~o rnod~h r~e d~foult prov,swns he.tx+ w tl+e ~nMnst ftN d~ a,t1. - . ~ ~ - Y _ ~ SEAU ~ • _ and sha11 duly, promptly and [ulty peHorm, d~~charge, execut~, etter.t, comPletr, romply w~th and abide oy each and e~~enr the stipulations, agreemeata, cond~tiu~u end covertenta ot asud prum~ssory note and ot thia mortsap. then ttua mortgage and the estnte hereby created sh:ill cease and be null ana ~•ad. It undentood that each ot lhe woNa. "note," '•mortRagoY' ~nd "IlfortRnRN" respectively and tha pron- ouns rt[erring lhereto, whether in the slnRular or plural anywhere ia thta mortgage, shali be singular it one oNy and ahal! be plura! jointly and several)y, it mure than one, and rhall he inxaculine, femininr and/or neuter. wM[~- ever ihe context so fmpLea or admtts. _ Md sald Mortgagor tor ??lmself and hi~ heirs, legal representat~~ee. ~ucces+or~ and asslpu. het~br oo~a~• ants sna agrees to and v~nth said Mortgagee, his leg+~l representativea, successora and aisiana: l. To pay all ~nd singular the principa! and intere~t anA the various and ~undry ~umi o! monsY p~ribi~ ~ virtue ot said pmnuaaory aote, and this mortgage, each and every. prompUy on the days resp~ctively tM Nm~ severally become due. 2. To pay all and s~ngular the taxes, ~c~es.~m~nts, le~~es. IiaDilitie~, obti~stiona snd lncumbrances ot-ever~ nature and k~nd now on said de~cnbnd pro~erty, snd~or thst hereatter may De fmpoaed, suttered, placed, levied or assessed thereu~n, and.or that herealter ma? br Ir~:ed or ~~~~ssc~1 upon th~s mottgage sndlor t1~e indebted- ness ~ecured Aereby, each and e~~er}~, u•hen d+u and ~ayable ac.~orA~n~ to law, before they become delinquent, and before ~ny interest attaches or an} penslty ~v ~ncurr~til; anJ ~n ~o tar s~ any thereot u o[ retord the ~M I, ahafl be promptly satlsfied and dischaxed of recarA and the on~nal off~ciwl document Isuch as, lor inatance. I .he tax receipt er the satistact~on paper of[~cialty en~lnrwd or ~crtt[iPd? ahRll be placed ln the Mands ot saill MortRagee w~thin len da~s ncxt atter ~symcnt: and in [he e~ent that any therrof is not so paid, satiatfed and diacharged, aafd 1ltortga~ee may at any t~me pay the s:tn?e or any pa~t therent v?ithnut wafa~ing or atfectins i any option. lien, equYty or r~Rht under or b~• ~~~rtur o[ this mort~aRe, anA the hEll amount of each and every such payment shail be immediatPly ~fue nn~i ~ayable ~nd ~hall bear inler~st irom the date theteof unti! paiA f at the rate ot ten per crnturn per annum and tn~eth~r wlth such intere~t ~hall be xcured by the lien of thL ~ mortgage. ~ ~ S. To place and continueusly ke~p on the bu~ldin~a now or herea[ter altuate on said tand tire and vrfndstoem fnsurance in the u`ual standard ~luy form, in a~urn not les.~ than ~lC.Lf~d by F~011d8 18w..... In such com- pany or comp"n:~s as maV be ap~ ro~~ed bV ~.'ts~l I?1nrt~~~oe: amf :?II such insurance policiea on atty of ~aid build- inga. any intereet therein or part thereof. ~n thP n~~n•~ate .um aforPaaid or in exce~s thereot, shaU contsin tM usual StSfldAid m~rt~aR~~ ciau~ mak,nR the I~+~~ ur.drr said (wLcie~, each and every, payable to said Utott;a- gee a~ h~a interest may arpear,. and each ar.~l P~•Pry sin h pnLcy ,hall be pmmpUy delivend to and held by uid Atort~agee; and, not less than te~ dav~ in adran~e nf the ~xpirat~on of ~ach policy, to deliver to anid Mort~aRes ~ a rene~va) thereof, toqether w•tth a rece~pt fnr th~ pr~mium ~f ~urh r~newwl; and there shall be ao ~uch insur- ance placed on any of ~atd bu~ldlnRS, any intereat lhprein or p~rt thereot, unleas in the torm and v~fth the loq ~ pavable as atoresaid; nnd in the e~~~nt nny sum of money beeomr~ psyable under auch pollcy or policiq ssid Mortea~ee shall ha~•e the ~ption to rective and apply the samP on account of the indebtedneas secured hereby or to Mrmit ~aid Mort~ea~or to rercivw nn~i u.e it or Rny pnrt thercMt for other pur~wx~ w[thout thereby wsivlna or impairin~G an~ eq~nty, lien or ri~ht under nr by ~•Irtue of thia mnrtgage: and in ihe event ~sid Murtqagor shall tor any rrason (a~1 to kr~p th~ sai~1 rrom~srs a~ inQurrd, or fail to ddtvtr prompdy any ot said policiq o! insur3nc~ to said 7linriRaR~, ~r f~til prompUy to r~~ [ully :tny p~emium therefor, or in any rtspect tdl ln per- ; form, d~schar~e, eaecute, etfe~t, complPt~, comply ~~-ith snd aAide bp this covenant, or any part hereot, iaid Mortg- t eRe~ may place an~i pav for s~~ch in.urance or any part tA~r~~t withnut walving or attectlng any option, li~n, ~ equity or nRht under or b~ ~•irtue of thi~ mnrt~eRe, an~ tbr full amount of each atid every ~uch paymerit shall ~ be lmmediately due anA pa}•able end shall bPar intPrest trom the dste therPOt untfl paid at the rate of ten per E centum E+er annum nnd toRether with .uch Interest shal! be eecured Dy the Uen ot thli moct6age. € ! To perrNt, commit or nitter no v~a~te, ~mrairment or deteriontton of uld prnperty or any part thtreol. i j 6. To pty aq and ainRulsr the co.ts, char~e~ end exprnse,, including nasonable lawyer~ teei and co~t ot ~ abstracta ot title, fncurred or paid at any tlme by aald MortgsRee becsuse and/or In Ne ~~ent ot th~ tallur~ on the part ot the said MortgaRor to duly, promptly and tully pertorm. diicharge, e~[eeute. eKect, complet~, ~ comply wtth and ~b1de Dy eacA and ev~ry the stipulations, ~greements, condittoni and covenanti oi sud promfr wry note, and thla mortRage. any or elth~r, and ~?ld co~ta, charges anQ expen~ei, each aad svery, ~hall b In~- ~ mediately due and payaDle, whether er not there De not~ce, demand, attempt to collect or aWt pending• and th~ iWl amount ot each and every such payment ahell bear interest trom tM dat~ theceot uaW p~1d at the rute ot ~ ten per centum per aiu~um: and all satd cosfa, charges ~na e:pen~er ~o ?ncurred or pala, toptl~er ~vfth ~uc6 fn- ~ tere~t, ~hW Ds securcd by Ne lten of thfa mortgase. ~ i 6 ~ ~R 80QKZ~~ PAGE ~'JV _ _ _ r,_~ w ~