HomeMy WebLinkAbout0209 . ~
~ s . STUART, Florid~. . . .
~ FOR VA RE EIV ~hq„undersia~~~ ~ointt~ +~n~+ ~evP•ally, PROMISE TO PAY ~o the order of._ _
t~ANlC
. . - . . _ _ .
- ~ . - - _ . . . - -DOllARS,
.
at Jenseri HaaCh, lor~da .or su the~ ptace •s tht hold~~
~ hereof may designate i~ writ~ together wi~h interest from date at the rate of 10 per centum per •nnum on th~
unpaid balance until maturity. T id principal and interest shaN be due and le ~
~ t
In 60 (sixty) ec~~al y instalLner~t (Dollars) ~
:
includinq interest. t
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The lst payment shall be due (Date)
7'his note may be pre at any time wi t penalty.
11 det~ul~ be ^~ad~ /o~ 10 dsvs ~n oav~t ef ~e~y ~n~taNn~~~ o~ p?~nupat a~nyr a~ny part +Mr~ol. eM wlwl~ wn+ Nvn rinutn.e~
~.+npa~d wu~ ~r.~~ren ,~a1~ at holb••s op:~on beco a,e a.w naY~bb w.~Aouf no~~u. fa~l,:r~ ~o •avc~w a opnm fMtl nm tey~~••.p • w~~vN of tA~ iipAt
~o •~NUU ~M u~*r ~ ~i+~ evM~ oI a:,twoxn 1~un. AI•e. ewa~w:ty potA p~nuWl ~nd xcruW ,nr~.tq ~A~q mre.~a~ ~L OM. cteh.m pM ~nnuw~
;..nr.i p~~d. Tl+t w~a~~n u+d endw~en ei M~ o~~ f~r~~e~ v.~~.~ d~n+and. na~~p of na?-D+w~+e~t +wd aotest. If M~~ n ew~ p~~a ~t ny1w~~Y ~nd NN s~M if
O~K~A w~M ~n •no*rrp fw colNCtron. k~n e~d endawr~ M.~of prN b Oay NI toan o1 colVct:on. +ncl~no ~1 oo~q ~nd rs~saybb anwn~y I~p.
:l ony poy~nen? n pa+d ~nor~ thon 0o~s ohe. d„e +ne.•. u~ odd,r~on eo so.d poyment, ~ne ewta s1wN poy o LATE RGf of 5~16 01 t!~ paynwN du~
cr fS.00, Whx~e•e. ~s kss. Th awn shoP nor De cx+s~rutd •o mod~fy fhe defoutt p.ovnwns herer~ or the ~ntNKt ffp d~~o~H.
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a~d shall duly, promptly and tully peKorm, diachsrge, ex~cut~. eJ[ect. eomrlet~, ~omply w~th and aDide Dy each
and e~~erp 1he st~pulatioru, agreements, cond,tso~u and cor•enanta of aa~d prumissary note ~tW o[ thia mortsaj~~
then t!w morigage and the estaLe hereDy created shall cease and De nWl ano ~•0:~1.
It is undentood that e.icA of the words. "note." "mortgagor" and "m~nRagee° respectively and th~ proe-
ouas referring theret0. whether ~n lhe slnRular ar plural anywh~re ln lhls mortgage, nhall be uogular It otH only _
and ahalt be plural ~ointly and severalty, more than one, and s+hx11 t+e ~nwacul~ne, fem~nine and/or neuttr. wMr-
ever the context ~o impl~ea or admita.
Md sald Mortgagor tor himaelf and his heirs, tegal repreaentati~ea, successon and assistf~ hereby Covea•
ants ara agrees to and v~~th .said Mortgagee, hia legnl repreaentatevea, succrswn and usi~ts:
To psy a11 and singular the principal and interest and thc vsrious and ~undry wmi ot money p~pabl~ ~
vinue o[ sald proirussory aote, snd this mottgage, each and every. pmmpUy on the days rdp~ctively tM Nn~
aevecally become dne. -
2. To pay all and alnRular the t~xea, a.aaessments, tette~. Lebil~t~e~, obl~~etions and incumbrances of every
nature and kind now on said descnbed properly, and or that hPr~after may De impo~ed, suUered, placed, levied g-
or assessed thereupon, and-or ehat hcrenfter mar bp t.•e~eJ or ~~~.~c~cd upcn tAis mortgaRe and/or the indebted-
ness secured hereby, each snd erer}•, x•hen due and payablt a~•~hr~i~n~ ~o iaw, before they Decome delinquent„ t4
and b.~[ore ar~y interest attaches or any prnalty ~s ,ncurr~d: and m 40 !ar as any thereot is ot record the ~a~ t
; ahali be prumptly satisiied and dischar;,e~{ nf record and the onR,naE ott~cial document (sucA u, tor f~utane~.
~ ihe tax receipt er the satisfact:on pa~er ofticiatly emt~r~.~d or cert~fi~d? ahwll be placed In the hsnds ot ~tid ~
' MortRagee within ten da~~ n~at atter rayrnent; and ~n the e~•ent that any thereoi is not so paid, satisfied and
~ discharged, said AtortRxgee may at any time pay the same or any part thereof v?ithnut wai~~ing or at[ectinj -
any opt~on, lien, eqwty or nght undPr or b~• ~-~r:uo o[ th~a m~rt~aRe, nnd the lull nmount of tach and evsry
such payment ahal! be immed~atPly dup an~f ~~syaA:~ and vhall bear lntemst [rom the date thereo[ unTll paid
at the rate of ten per c~nturn per annum and tn~e!hrr wzth surh interest ~hall b~ ~ecured by the lien of thls ~
mortgage. .
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3. To place and cont~nuausly ke^p on the bu~ld~n;a now or herealter sttuate on said land flre and wlndstorf~
tnsurance in the u~ual standar!) ~+,~li~v f~r.^_ in a tim n~t les~ than ~d ~?~]p1'~a8 18W.._.. In such tota- _
pany or comD"~~rs as may bc eppr.~~e~i t,~ ~a;~l :?inrt~a^.~e; ~mt all au^h tinsurance policie~ on any of said bui18-
in~, any int~re~t there~n or paK therenf. ~n thP accr.~ca~e ~um aforPaaid or in exce~s thereot, shall contain t1?~
usua! standard m~rt~:egp~ ~lsusP mak~n~ the t:~>a ur •i••r ,a~d ~+c~t~cie9, each end every, payablt to said ~ort~a-
gee a~ h~a interes[ mav appcar, an.1 Fach a::~l- r~•~-y s:+. h M~licy ahall be pmmpUy d~livend to and hdd by ~aid
Mort~agee; and, not less than tcn dav~ m ad:an~e nf the Pxpirnt~on of rach policy, to deliver to aa?d MortRyCee
a cenewal thereof. toeether w•ith a rcceipt fnr thr prrmwm nt ~itrh r~newak and th~re aha11 be no auch tnsur-
ance placed on any ot ~sid Dwl~lmR~. any mterest ther~~n or p~rt therrot, unle.v in the form snd wfth the lop
~ papable as atoresaid: nnd 1n the e~-~nt stny sum of money becomes payabl~ under aach pollcy or pollcies saiA
Mertrta~ee shall ha~e the opti~~rt to rere~v~ and anply the samP ~n account ot the indebtedneas secured hereby or
to ~xrmit ~;d ~lortcaRor to re~ei~•P ~nd ~i~e it er any part thvcM fer other putpose~ without thettby wsivlRs
I or ~mpairin~ an~ cquity..lien or n~ht undcr ~r by ~•~r[ue of th~s mortga~e: and in the cvent said Mortgagor thall
~ tor ant rPas+~n fnil tn kp~~ th~ ~a~~t rr~m:~•~s 9n in-ur~d. or faif tn delfver promptly any ot sald policies ot
f lnsuranc~ to sa?d !ltor!~aK~e. ~r fail premptly to p,~ tnlly an~ premium therelor, or in any respect tall t~f per-
form_ d~scharRe, execute, effect, cnmplPt~, comply n~th ar.d ahide by thi~ covenan[. or any part hereot, uid ~[ortg-
E a~Cer may place anA pa~ fnr sl~ch ~mutane~ or wny part thvr~n! withoot v~aiving or a[(tetfnq any option, lien.
equity or nRht under ~r bv ~•irtue u! this mort~s~e, an~ the [ull amount af each and every ~uch payment shall
be fmmediately due anA pa~able nnd shell bPar mtPrest fmm the date thereot untU pald at the rate ot ten per
~ centum per annum nnd together with .uch Inierest ~halt De eecund by the lim ot thli mortgaRe.
4. To permit, commit or ~ufter nn w•~,e, ~m~airment or deterfontlon ot safd property or any psrt thereol. ~
! b. To pay all and ain~ular UI! CM!3, char~ea end exprnxs, including reasonaDle lawye~~ teea and cost ot r
~ abstracta ot title, fncurnd.or pald at any tlme by sald AtortgaRet because and/or tn the ~vent ot the fallu» ;
on the part ot the uid MortRaRor to duly, promptly and fully perforrn, dl~charge, execute, eKect, compleb.
comply ~vlth and abide Dy eacd and evPry the st~pulationa, agreements. condlUoni anA oovenanb of ~aid promlr ,
wry note, and thls mort~aRe, any er elth~r, and ~ald co~ts, charge~ and e~cpenie~, esch and every. ~haU M Itn-
mtdiately due and payable, whethrr o~ not there be notice, dcmand. attempt to cotkct or snlt pending: and- ttf~ '
ND amount o[ eaclf and e~ery such paymcnt ehall bear interest trom ths date theteot unW pafd at the nte ot `
ten per centum per annum; and all ~afd costi, charRes and expease~ w fncurred ar pai~ to~eth~r wftt? wcb in-
{ tera~ ~ha11 D~ ~ecured Dy ths llen ot thfi mortgare.
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