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Home My WebLink About0458 s--g,~-~•3~(}--p~ STUART, Florids. ---•--~~18~-tc---_/~.----...---. 1~g FO~ VALU~ ~tCfiEIVE~, the undersig~ed, jointiy and severally, PROMISE TO PAY to ths wder of_______..__._.. NK~_.i_.-F1o~T~' bi t~± u'Lr --~C.QYRQIAS~.4Q_~-------.____---•-------- - --~VR~--$!!tld3'Ol~--R1l~--is9f OOLLARS, at ._.~l~Nl--B~@~-r -~3~'~di---- _._or such other piace as the holdsr hereo may designate in writing, togethe~ with interest from date at the rate of per centum per annum on the unpaid balanoe until meiturity, The said prlncipal and interest shall be due and payable ~ iO110wB : ~~41.a7 s sonth, ths iiret paynent being dne oas sonth lro~ 1976 end contiaus eaoh ~ont4 until lnlly paid. Thie ~u~r o! ?~'~'~r.''~'f'~~~ each sonth ahail firsL bs cr~ciitsd to interest and thsrssainder to ths principal o~ this obligation. This aote ~+ay bs prepaid ~n whole or 3n p~rt at aay tims ~ithout p~naity. If deiault b~ mad~ fer ~ ~Q__ da~n ie d» paynwN of aeqr imtdMn~M of wineiql a~nbnst a+er~r oxt N~w/, N» MrhoN w~n ~Mn nnyinirq ~ unp~id with ie~nhst aAall N hola?'i m b~eowr du~ and p~y~bl~ wiMwN naip. Failw~ to ~a~reis~ w~d~ apfip~ sh~ll nW ~ons`rp a w~iv~r ef tM ~iqA1 to uaeia~ tM w~ in ~~v~nf of ~~~ee?t d~iwh. Aha asatwi/p bofA pine:pal and acnu~d inN+Mf ah+ll b~x inh~Kt a~ . 1{! Dw e~n?uin OM sm~~ u~til ' iM nwk~rs ~nd ~ndwws ot ehis aw~ fur~ w~iv~ drwand„ nWlo of iwn~ynNnt and P?oMif. If tAh noN ia nW Mid ~f nwhwity ~nd th~ s~ $ p1 wiih ~n uwrmy to. co1NCtian. Mr ~s and ~ndorw~ h~nof prM b Patr all oo~u of colbaieiy inchrdinp aU cowt oosa and ~~awnabN snan~y ha. w SSy00, wf+~cFKV ~ Iep, ~ ~0 doys ofter du~ fhan. in oddition ro said poymtnt, Me molc~r slqp poy o LATE GHARGE of 596 of th~ poynNnf du~ p?ovision ilwll raf b~ corotru~d to eadify fM defouM prores~ons I+erein a tM r~Mr~st dut okw d~?ou1t. . _.~.M~---------------------°---------•~5~~~ .T ~ _ ~ ----------------------------~-----(SEAL) . at?d shall duly. promptly uM tully perfotm, discharge, execut~, effect, rnmpletP, romply wlth and abide by e~h and everv the stipulations. agreementa, cond~tions and covenanta of said prom,ssory note and of t2ds mortgage. theA thls mortgage and the eatste Aereby created ahall ceaae and De nul! aiw void. It is understood that eacA o[ the wonls, '•note," "mortgagot" and "moRqages" reapecUvely and the pron- ouns refee~rfng thereto. whether in the singular or plural snywhere in thls mortgage. ahall be singulu if one ody wd ahall be plural JoinUy and sevenUy, if more than one, and ahall be ma~culine, feminine and/or neutel, wher- ever the oontext so impliea or admib. Md atld Mortgagor for himseli and his heirs, tegai representatives, aucceasors and assigns. hereby ooven- ants at~ agree~ to at?d with said Hortgagee, hia legal repreaentatives~ auccessors and srsigtas: i. To pay sIl aad stngular the principal and interest and the various and suadry sums ot money psyable D virtue oi satd promissory note. and this mortgage, each and every. pr+omptly on the days rebpecttvely the umi severaUy become due. 2. To pay all and aingular the twcea, ~•~«ments, leviea liabilitiea, obliRations and lncumbrancea ot evetr nature and klnd now oa sald de~cribed properly, and/or that hereafter may be impaxd, suffered, placed~ levied or aseeased thereupon, and?or that hercatter may be lev~ed or assessed upon this mortgaqe and/or the indebted- ness secured hereby. each and e~ery, when due and payabie according to law. betore they become delfnquent, ' and before any interest attaches or any penxlty i9 incurred; and in so.[ar as any thereot is of reoord the sams ahall be promptly satisfied and discha sed ot record nnd the oriRinal ufficial document (such as. tor inatancR Lhe tax nceipt or the satiafaction paper officially endorsed or certified? ahall be plnced fn the hands o! a8ld Mortgagee within ten days next after payment; and in the e~•ent that any thereaf ia aot ao paid, aatisfied and ~ discharged, said 1?SoKgagce may at any time pay the same or any part thereof vr[thout wal~~ing or atfecting f any option, lien, equity or right under or by ~'~rwP of this mortgaRe, and the tull amount of each and every f auch payment ~hall be immediately due and payable ~nd shall bear inlemst from ihe date thereot unt31 paid I at the rste ot ten per centuTn per annum and to~ether vvith such interest ahall be secured by the Uen of thia , i mortgage. ~ 3. To place and continuously kePp on the buildin~a now or hereafter aftuate on aaid Iand flre and windstorm ~ inaurance in the u.aual standard policy form, in a sum not less than = Y~im~ fn such com- pany or comp^nies as may be appro~ed by sai~l Mort~n~~•e: and nll such insurance policiea on any of said bulld- Ings, any intereat the~ein or part thereof, in the a~~r~~ate sum aforrsaid or in excess thereof, ahall contain ths usual standard mort~ager r.lauae makin~ the I+~~~ ur.~irc aaid poticiea, each and every, payable to said Mortga~- gee as hia interest may appear, and exch ar.d e~•P;y sie~•h Ex~licy ahall be promptly delivered to and held by said- Mortgagee- and, not less than ten dava in ad~•anoe nf the expiration ot each policy, to del~ver to aaid Mortgagee a rene~va! ~thereof, to~ether with a receipt f~r thP prPmi~~m nf ane~h r~neveal; and there shall be no such inaur- ance placed on any of sald buildinRs, any interest there;n or part thereof, unle+a in the form and with tt~e loss payable as aforesaid: s?nd in the e~ent s~ny sum o[ money become~ payable under ~uch policy or policies aaid Mort~agee shall ha~•e the option to recei~e and zpply the 4ame nn account ot the indebtedneas aecured hereby or to permit said ~tortRa~or to receive and uQe it or any rArL thereot for other putposes without thereby waivtng ~ or impafring any equitv, lien or ri~ht under or by ~ irtue of this mortgage: snd in the event sald Mortgagor shall for any reason [ail to keep the said prpm~s~s ~o in=umd, or fail to dellver prompUy any ot said policip of F insurance to said 1~tortgaRee, or fail prompUy to pay fnlly any premium therefor, or in any respect tafl to per- ~ forrre, discharRe, eaecute, effect, complete, comply aith and abide Dv this covenant, or any part hereof. sald Mortg- ~ agee may place and pay for aucb insurance or any part thereni without waiving or af[ect3ng any optian, lien, N equ~ty or right under or by ~•irtue of thi~ mort~age, and the full arpount ot each and every euch psyment ahall ~ be immediately due and payable and shaU bear intPrest from the date thereoi untfl paid at the rate of ten per ~ centum per annum and together with auch interest shall be eecured by the lien of thls mottgage. ~ 4. To permlt, commlt or auffer no M~te, imrairment or deterlontlon ot said property or anr part thereot. f 6. To psy all and aingular the co~ta, charqea and expenses, including reasonaDle lawye~'s tees and co~t o! ` abstracts of tltle. fncurred or paid at any tlme by aaid Mortga~ee because andlor In the event ot the lallurs ~ on the part o[ the ssid Mortgagor to duly, prompqy and [ully peKorn~, dLcharge. execute. etfect, complete. ~ comPly with and ablde by each and every the stlpulations, agreements, condiUons and oovenar~ts ot esid pmmis- wry note, aad tlUa mortgage, any or either, and sxfd costs, chargq and expenses, each and every. sball bs !m- ~ mediately dne and payable, whether or not there be notice, demand attempt to collect or eutt pendln and ths tull amount o[ each and every auch payment ahall bear interest trom ths date Uue+eot unttl pald at the tste ot ten par centum per annum• and all sald coste, charges anA e~cpenss~ w Incurred os pai4, tosethar ~vith sucli fn- tenst, s1u11 Ds ~ec~rM Dy the llea of thii mortgage. BOOr.~7 PAGE ~ ~ -:~r-~