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i.._.4,_482.D0_._.._. STUART. Florida, -Apr.il.-1T,----------•--....._ 19._~fi
FOR VAWE E~ HAHICndersion..~ jointiv r?..i cev~~ally, PROMISE TO PAY to the order of------
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~FOUR--~HOUSAND -~II--FQUR_-HLA~DRED_-ANII-.EIGHTY-TY~14..AND...N0110D.-- ----------~Oll/1RS,
at Jenseli Beach, Fl~~_-----._.._------------•------... .__....or such other place a: th~ hold~r
hereof may designate in writing, together with interest f~om date at the rate of ._14 pe~ ce~tum ae~ annum on th~
unpaid balance until maturity. The said principal and interest shall be due and payable
In 60 (sixty) equal morrthly installments of (D~llars)
including iriterest. G r6
The lst payment shall be due on (Date) ~
_ This nate may be prep~id at any time with~t penalty.
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II d~tw4 be ~,+d~ Io? 10 d+n in ~M Mr~n1 of ~nY iiat~Nrn~nt oF winc~p~l a inNr„~ or ~nY Wn N+~nof. fM wla4 win Ih~n r~aietino
~rnpaid w~~A ~ntNesr aMll N Aoldar'~ uon p~cony du~ and p~y~bl~ wiN~pu~ nw~p- Fa~lw~ ro ta~rcis~ ~uch option sh~ll ~ h•p • waivM of /M ~i~ht
ro ~apaf~ tM urne ,n th~ ev~nt o1 ~~:»n~ de1~u1~. Afra nytwity poM pincipal and ~ccru~d inNrpf ~hali Mu inMrNl ~f . pM c~nlwn p~r ~rwwm
unnf pa~d. The m~as ~nd endors~rs of M~s noe~ fwNw wa~w d~mand, naip of eon-paym~nt s~+d praeu. 11 eh~s roN i~ no~ ptio p mahKilr ana q» it
p1~ad wiM an ~nw~r Ia colhcfion. ~fie nwt~.~ and ~ndorNn Mrwl prN M pay dl coNs of ooli~c?+on. cncludmp •II cowl cosb uid r~uonabM ~t1aMy fN~.
or ~00, vrhKf+evN n Thn prov~sa~n
sholl not pe~ coristnxd fo mod~ tht
de~t~ t~ ~N sl+oll ppy o LATE CHARGE of S ot the ppynNM du~
N wo+ns~ons Mrew~ a fh~ u+ts~ttt dw oft~r dt
COPY
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and shall duly. pmmpUy and fully perform, dlxharge. exec~rtp. ettert, complet~, ~omply w~th and aLide Dy eaeh
and everv the stipulationa, agreemenla, condd?ons and covenants of ~ud prom~ssory note and of this mortgass„
then this mortgage snd the estate hereby created ahall cease and be nul! ana ~oid.
It is underatood that eacb ot the wonls. ••aote," "mortgagor' and "mortgsges" re~pecUvely and the proa-
ouns reterring thereto. whether ~n the singvlar or plural anywhere in thls mortgage, ahall be aingular It one ody
and shall De plura! jointly and severally, ii more than one, and ahall be ~nasculine, teminine and/or neuter~ aheti
ever tl?e oontext so tmpliea or admits. •
And aald yiortgagor tor himaelt and his heirs, legsl repreaentatives, succesaoro and aaslgas, hereb~ oovea-
anU ana age~s to aad wfth aald btortgagee. his legal repreaentatives, auccessors and asat~u:
1. To pay a11 and dngulsr the principal and interest aad We various and sundry snma ot money p~ysbl~ b~
virtue ot aafd pmaria~pry aote, and this mortgage, each end every. prompUy on the daya resp~ctlvaly tM sa~
aevetaUy become due. .
Z. To pay aU aud singulu the tnxes, assea.sments, leviea, liabilitien, oblfRattons and incumbrances of ever~
nature and kind now on aaid descnbed pro(?erty, and%or that hereafter may be imposed, su[tered, placed, levied
or asaessed thereupon, and/or that herea[ter may be lrvied or as.aes~ed upon this mortgage andlor the indebttd•
' ness secured hereby, each and every, when due and payable acreMing to Iaw, . be[ore they becams ddinqueu~
I and betore any intereat attaches or any penalty is incurred; and in ao [ar as any theceot ii ot record tde ism~
i shall be prumpUy satlafied and discharged ot record xnd the on~inat otticial document (such u, tor iwtaacs.
:he tax receipt or the satistaction paper ofticially en.forsed or ceRifiec! 1 ahell be pleced In the hands of sald
f Horigagee within ten day~ next after paymcnt; and in the e~ent that any thereoi is not so paid, attiatied wnd
k discharged, said I?tortgagee may at any t~me pay the ssme or anv patt therenf wtthout waiving or attecUnj
~ any opti~n, lien, equity or right under or by ~irti~P ot this mort~age, end tht fuU amount ot each and every
such payment ahal! be immediately due and payable ~nd ~hall bear intcrest from the date thereo! untll paid
at the rate of ten per .c~nturn per annum and togethrr with such ~ntere~t ahall be secured by the lien ot thi~
E mortgage.
k
S. To place and continuously kerp on the bu~Idin~a now or heceafter sftuate on said land llre and v~indstorm
Insurance in the u.4ua1 standard =+olicy ferm, in a sum net les~ than ~C1~d by F~Ot1d8 18W.._.. in such com-
pany or comp^nics as may be approerd by ~airl Ntort; a~~•e: an~i nll +uch insurance policies on ~sny of ~d build-
Ings, any interest therein or part thereot, in the a~~re~ate sum atoircaid or in exceas thereot. shall contain th~
usual siandard mortQagee clause makmR tT~e l~~c~ ur.d~r aa~d policies, eacA and every. payable to said Mortga-
gee as hia lnterest map appear, and each ar.d e~•r:y su~•h pnlicy shall be promptly delivered to and held by safd
Mortgagee; and, not less than ten day~ in ad.•anoe nf the Pxpiration of each policy, to delivee to eatd l+[ort~aRes
a renewal thereot, to~ether witD a receipt for th~ prtmium ~f .~i~h r~newal: and there sl~all be no such insur-
ance placed on any ot aald buildinR~, any intereat -therein or part thereo[, unle+~ in the form and with the low
pavaDle ai a[oresaid: and in the ea•Pnt any aum of money becomea payabl~ undrr such potlcy or policid said
Mort~a~ee ahal! ha~~e the option to receive and Apply the same on account ot the indebtedneas aecured hereby or
to permlt aaid MortgaRor to reref~P and uae ft or any pnrt thermt for other purposes wfthont thereby w~ivlns
or impairing any equity, llen er ri~ht under ~r by ~ irtue of thia mortgage: and in the event sald Mortgagor ~hall
, for any reaso~ fnil to keep the said pr?m~.es so InQUrrd, or fail to dellver promptly any ot aaid policfes o!
Insurance to sald MortgaRre, or fai! pr+ompUv to pay f~illy any premium therefor. or iq any respect fafl lo per-
form. diacharRe, execute, et[ect, complete, comply ~~~th and abide bv this covenant~ or luty part hereot. safd Mortg- i
ager may place and pay for s~~ch in~urance or any part th~reof with~ut waiving or affectlog any option, 11en. t
equity or riRht under or by virtue ot this mortaage, anJ tAc tutl amount of each and every auch payment shall '
be fmmediately due and payable and ahall bear intorest from the date there~of untll paid at the rate of ten per ~
~ centum per annum and together with auch Intenst ahall be aecured by the Uen of thL mortgage.
( 4. To permlt, commit or sufter no v?aste, impairment or deterlontlon ot safd prupertq or any part thered.
6. To pay all and sinRulu the co~ts, chtrRes and expenxa, including naaonaDle lawyer'~ tees and cart o!
' abstracts ot tiUe. fncurred or paid at any tlme by safd Mortgagee because and!or In the event ot the tallusr
~ the part ot the ssid MortgaRor to duly, prompqy and ittlly pertorro. dl~cMrge. ~ecute, effect, completq,
comply wfth and abfde by eacA and ev~ry the stlpulaUons, agreemenU, conditloni and ex~venanb o! esid promts-
wry note. and thls mortgage, anq or efther. and ~xld costa, chargq and expen~es~ each aAd every, ~hall b~ tm-
medtately due and payaDle, whether ot not there be notice, demand, attempt to oollect or sWt pending; and th~
!Wl amount o[ each aad every such pavment shall bear intereat trom the dat~ thereot uatU Wtld at the rate nt
ten per centum per annum: and all enfd costs. charges arM eupeasM w lacurred or paid. Wsetl~er wrltL ~uch io-
tereat, ~hW D~ ~ecured by the llen ot thla mortgaae. c:
R ~r 25~ PACf ~~V