HomeMy WebLinkAbout0197 2
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_ . . . STUART, Florida,
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FOR VA RE EIV th~~ndersia~~ jointiv r~~1 cev~•ally, PROMISE TO PAY to the order of
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at Jensen Beach 1 . . . _ . . _ . .or su thtr plact ~s th~ hold~r
• he~eof may designate i~ writ~ together with interest from date at the ~ate of 10. . per centum pe~ •nnum on th~
unpsid belance until maturity. Th id principal and interest shall be due and le
In 60 (sixty) ec~l y installment $ (poliars) ~
including interest.
' The lst payment shall be due (D~ate) ~
This note may be pre at any time wi t penalty.
~ il deia~i~ t~ ~.d~ Iw 1 ~ d~r. WY~*l~1t ef Mr ~mf~~wam O~ M~Kip~l w+nt~. w+~r w•~ rAenof. N+~ wlw~~ ~ww Men r~n~a~mn~
.•noa~d w.rti .~rores~ . atl H ha?de+'~ oD~~on bec du~ antl Wr~bN wiMad nwec~. i~~lur~ ~o •,NUS~ oDr:on s?~~11 ~o~ tq~y~w•
~}o •~ertu th~ ~s~-~ ~ t~e ev~nf ol a..b~~q.,ee f~u~~. Afr~~ ny+w, ~M N• w~1vp ol tA~ ~lqAt
tfr pw+uWl ~nd ~cawd ~nfNNt sAall intNMt p ~LU OM c~nNm pa ~nnu~w
, nn+ pa~d. Tn~ m~i~n ?nd endonen o! rR• • f~rMe? wMV~ dNnand. nq;q of non~pa~t ~ed p~aNlt. 1{ ~A:~ ~s no~ pab ~r ~rw~ry ~ NM Nwy q .
~i o~~c~d w~rh ~n •no~neY ler coli~cnon. ~ k~.s a+d MdaN.~ lwwl prN /o O~ ~II can of coll~ct+on. ~~cludmq s1 f can aid ?~yon~N ~nornw HM.
yy~ il onv Dor~~ n oo~d mo.e tAon doys nfter due rhe~. ,n oddu,en ro sad poyment. the nwtca sholt poy o IATE RGE of SOF. of tht poymMrt dw
~ or SS.00. vh~c~l~er ~s 1eu. TA~ ~san shou not D~ consr?ued to mod~fy the d~louu p.ov~s~ons he.e~r a th~ ~ntaKt h« dtiaalt.
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and shall duly, promptly and fully perform, d~acharge, exerutr, et(ect, complet~, ~omply w~th and abide by eaeh
and e~'erp the st~pulsuons, agrecmenta, cond~t~uns and covenants of ~~d prum~ssory note and of thii mortsap,
then this mortRage and the estate hereby created ahall cwe and be null ana ~a~d. -
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It is underatood that euh ot the worJs. "note," '•mortRagor" und "mortRa~ee" reapectlvely and t2N pron-
ouns reternng thereto. whether in the singular or plural anywhere ~n thts mortgase, uha11 pe singular it oea oNy
and ahall De plural Sointly and xverally. 1[ morc than one, and +hall Ae inx.vculine, femin!ne ~ndlor neuter. wMe~• ~
ever tRe context io implies or admits. _ ~
Md aald l~iortgagor tor himselt and his heirs, legal representaticea, aucces~ors and uslina, lferep~ eo~~n• t`
atits ana aarees to and vrith said Mortgagee, hia legal representativ~s, successors and assi~:
l. To pay W and singular the principal and intereat and the varioua and aundry sunu ot tewne~ pay~bl~ ~ -
virtue ot said promiasory aote, ~nd this mortgage, each and every. prompUy on Ne daya tesp~ctively tM aanM ~
severally Decome due. _ _
4. To ~
pay all- and elnRular the taxes. ~.sxs.amrnts, lev~ee, I~ab~hti~s, obl~~atlozu and incumbrances of ~very
nature and kind now on aaid de~cnbed property, and or that hereafter may be lmpoaed, sutfered. plactd, levied
i or assessed thereupon, and or that herexfter m:~~ be ~ed or e.k~~,c.qc,i upon this mortgage and/or the indeeteA-
; ness securcd hereby, each' nnd e~-ery, w•hen due anA payable acrerdin~ to law, be[ore they becom~ ddinquent,
' and before any interest attach~s or any penalty ~s utcurr.•d; anJ m ao tar a~ any thereof is ot record the sanN
I ahali be prumpUy satis[ied and disctiar~ecl et record and the on~inal otfic~al document (sueh u, tor itutane~.
E •he tax receipt or the satietaction pa~r~r oificially emt~rvrd or certif~~~1~ ~hsll br placed In the hands ot uld
i MortRagee x~ihin ten daye next after payment; and in the e~•ent that any therrot is not ao paid, satbfied utd t
discharged, aaid aiortRa~te may at any time pay the same or any part thereM v?tith~ut wai~~ing or affectins J
any option. lien, equity or r~Rht under or b~• ~•irtu~ o[ th~s mort~aRe, and tAe tull amount ot tach a7tid every
wch paymeat ahall be immediatrly due and payable ~nd .halt bear interest trom the dete thereot until paiQ
it the rate ot ten per crnWm per annum and tn~eth~r v?nth such fnterest shall be secured by the liln ot thi~ }
moKgage.
3. To place and continuously ke~p on the bu,ldfn~a now or hereafter sltuate on satd land fire and wfndstorm
insurance in tAe uQual standaM ~nliry Mrm. in s fum n~~t lec~ than ~1lC~Cd by F~011d8 law..... 1n such com- -
pany or comp-ai~s as may be eppm~•ed bv sa~~l 11~rtfia~oe; amf nll +uch insurnnce policies on any ot ~sld bulld-
ing~, any intere~t therem or part thereof, in the nr~en•~ate ~um afon9a~d or In excees ttfereof, shW contain t?1~ '
usual standard mnrt~a ~e rlai~ce mak~n~ lhe b~~~ ucd~r aa~d
R ~?olicies, earh and every, payable to ssld I~Iortga~-
gee as his interest may appear, anA ench and ~vr~r su~-h ~x~l~cy .hall be prnmptly d~livered to and held by uiA :
~[ortRagee; and, not less than ten ~ia~~ tn aA~•anre ~f the •z~sirati~n ef each policy, to deliver to sntd MortRaRe~ i
a renp~val thereof, to~;ether w•ith a receipt t~r th~ prPmium nt .~irh~ r~newwl; and th~re sha11 be no such iosur-
ance placed on any of ~nid bwldinR~. any intereat thPrein or pert thercot, unle.v in the form snd wfth the los~
pavable as a[oresaid; nnd in the e~•~nt Any sum of money becomes psyable under such pollcy or policies aaid {
Mort~a~ee shall ha~•e the epti~~n to recei~e and apply the samr ~n arcount o[ the indebtedness secured hereby or ~
to ~rmit ~a;d Mort~a~or to re~el~P nrxi it or any p~rt thereot ter other pur~+oses aithout therebq waivln~ i
or im~ainn~ an~ equity, lien or n~ht undcr ~r by ~•irtue of thia mnrtgage: and in the event said Mortgagor shaD !
for an~• rPa~s~n fail to k~rp the caid prnm~.rs ~n inaurrd, ~r fail to dellver promptly any ot said policib o! i
insurane~ to said :~1~rt~atC~e, or taul promptlv to pay tntly anp prcmium therefor, or in any respect fall lo per-
~ form. dischar~e. execute. ette~t, comp)pt~, comply with and abide by thia covenant. or any part hereof. uid Mortg- _ ?
a~eP may placP ~tn~1 pay f~r such imurance or anv part th~r~~t withnut waiving or affectlnq any option, lien, !
equity or r.Rht under ~r by ~irtue of thia mortRaRe, and tho full amount M eacA and every ~uch payment shall
~ be Smmedtately due and pa~•able end ahall b'sr int•rest from the dete there~of untll paid at the nte ot ten per
~ centum per annum wnd to~ether vrith .uch interest shall be aecured by the llen of W~ mort6s~te.
4. To permit, commit or ~ifter no ka~te, ~mpairment or deterlontlon ot sald property or any part tAereot.
! 6. To pay sll and sin~ular the ca~ta, char~e~ and exprnx~, tnclud~ng rea~onable lswyee'~ tees and coit ot
~ ab~tracts of title. lncurred er pafd at any tlme by sald 1?iortga~ee because and/or In the ~vent of the tallut+~
on the part ot the said MortRa~or to duly, promptly and tully pertot~o, dircharge, e~tecub, eKect. complet~„
comply wlth and ablde Dy each and ev~ry the ~tlpulations, agreemenb, conditlons and covenant~ of said promis-
sory note, and thta mort~CaRe, any or elth~r, nnd awld co~ta, chuges and e~[peiuea, euh aad every, s6all a Iru-
mMfately due and payable, afiether or not tliere De notice, demand. attempt W coliect or aWt pending• and t!N
iWl amount ot each and every iucb pavment shall bear intere+t from tM dat~ tl~~reot unttl palA ~t the s~te ot
ten per centum per aru~um: ar~d all ~std cosb, cAarges ~nA e:peo~es ao lacuresd or paldr topther wlth wcb !n-
terea~ ~hall Ds ~ecurcd by th~ llen of Ws mortgase.
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