HomeMy WebLinkAbout0136 •ti ~~~~~k~W~h~~ktii~~~~'~~fii'~O-0~h'~~fiv~ti~Yti~~.
x s STUART, Florida, ~
~ FOR VA RECEIVE? the unders~o.+p~ ~oinilv a~~ ~evP•ally, PROMISE TO PAY to 1he order of
JFIV BANK
- . . . _ . _ _ _ -
:l - - _ _ - - ~ - - . _ _ DOllARS
~ at Jensen Beach, lox'~3a or su the~ plac~ ~s tM hold~r
hereof may des~gnate in writ~ together with interest from date at the rate of 10 pe~ centum per ~nnum on th~
; unpaid balance untit maturi~y. Th id principal and interest shall be due and le
~ In 60 (sixty) ec~ual thly installment $ (Oollars~
{ including interest.
~
~ The lst payment shall be due iDate)
; This note may be pre at any time wi ut pe,nalty.
.
: If de~a~~M tr ~-~d~ (or 1Q dava ~n . o~r.•,~nt of anr ~np~ll~n~rt o1 nnu ?t o~ ~n~~r or •n
j~ D P v Dsrt r~e~wf. whot~ f~.n ~l~e.. .~~~,~,nQ
_ ,;npa~d w~» .rflrtf~ :''s~t a• ~cfde•'s oo~,on Aeco d.,e w~c a~Wble w~tRou1 noe,c~ i~~l,..e ro e.eras• ao op~:on fM~t no~ c~f'A •..r~ ~ w~~v~r ol eA~ r,qM
_ ~o e¦e.rfe rhe ee~^r ^ rhe e.~n! 01 s~..bse0-en f~:;~r G~•e• ~n~~.,.~~~ boM p.mopd ~nd ~cn~ed ,~~~r~ft ah~i~ r,.+re.e~r f~ ~11J p~~ ce~t~m p~r ~nn~~w •
j . pi•~ Tn~ rr.~~•~ ~~d ~n~o.s~n ~1 ~ti. o~~ I;,re~rr r`s~ve de~+ar.d. nouct ol eoe•pav~*e~+t and pro~eft. I~ ~F.~~ ~~s nor pa~o ar in~~~r,~y •nd tAt a~m~ ~s •
• e~x~d w;rn an •~ra~n~y lo• coU~cnon. ~n ker• and endor~~.~ I.~reof ~prN le paY •il cw+~ ol coll~ct~on. ~nd~d~np un coin ~nd w~~on~b1~ anorn~r I~es
•1 ~f o~~ pavme~~ ~ti pa~d m~re tho~ doys eNe~ d.+e rhe~. ~n add.t~r.n to so~d Dov~+e~t tne r+~o~e• shott poy o IATE RGE of S°o o/ th~ paym~nf du~
j ~r f5 00. wn„re.e. ~s less. Th~ •o~w~,n sno~~ n-~ Ce c~~shuetl •o rncd~fy rhe de}o4t? p.ov~s~a.+s he.e~~ or the m~erest }te• d~foul?.
.3.
I
1
;i C O P Y SEAL)
. ~
• ".~'1ti': `.ti1:'1":' :'.y«}'~"~"~"~": SK»:`.•.":••ti.? :~st :».~:»:i~:»:-.'w.ti{h~'-ti~.~r}-0~-} :~.,'~ti..:••:»'r :~-:~•:•ti v s'w~-:?tiw'.r.~
~~lw~k
and shall duly, promptly and fullv pcrform: d~s~harRe, ex~~utr, effert. com~tet~, ~omply with and ab~de by each
and e~'cry thc stipu:aiions, a~re~menta. condih~~:~s and ~ovcnan[s ~?f aa~d ~~r,~mis~•?ry note end ot ttus mortga~~,
ehen th~~ mortKage and the estate hereby createci sh:?ll cease and be null ana ro~~L
It i~ understood that each o[ the vror~s. "note," '~mortRagoc" and "m~nRaRee" respectia•ely and the pron-
oun~ rcfernng thereto, whether ~n the s~nRular or plural anywhere ~n thls mortgage, ahall be amgulat i[ one oNy
and ~hall be plural jointly and severatly, if mure thnn one, and +h:?I1 nc uia.v~uline, tem~n~ne and!or neuter. wher-
e~•er the context ~o ~mplie~ or admit,.
And ~aid Mortgagor for hlm~elt and his hein, legal rPpresentat~~es, succevora and assigtu, hereDy Coven-
~nta ana sgtees to and v~nth aaid 1?icrtgagee, h~s legnl repre~entaUves. surcPVOr~ and as~iana:
1. To pay all and singular the principal and intereet ~nd the vanoua and tundry ~um• o[ monty p~y~bl~ p~
virtue of said prnrrussory note, and tJu~ mortgage, each end every, promptly on the days resp~ctfvely tr~ aam~
II eeverally becom. due. .
<
I 2. To pay all and a~n~ular the taxe~, dssPS~mrnts, te~•~es. IiaD~lit~r~, obt~~nt~ons nnd tncumbrances ot ever~
~ nsture end kind now on 9a~d descnDPd ~ r0(`r~iY, AIId ~~r that hPr~aftcr may be ~mpo~Pd, euftered, placed, levied
or assessed thereupon, and or thai hcreef?er m:iy hr t~•~•.rd ~r a~~~•cvc~f u~on this mort~aRe and: or the ~ndeDteA-
ness sPCUred herPb~, each end e~~ert•, u•h~n .iue ar.d payabie ar~~nr~lir.~ t~ law, bP[ore they become del~nqutn~
and brfore anp interest atLarhes or :?m• penalt} iy i~t~urrr~i, and ~n vo far a~ any thereof ~a o[ record the s~m•
shall be prompUy satistied 8nd dtcrh3r~rd of re~ord and the on~mal othcial document Isuch u, [or itut~nee.
( •he tax rece~pt er the satestart:on pa~Pr nfficialty en•inrv~~~i c~r <<•rti[~P~1~ ~hnll b~ placed 1n the hand~ of ~aid
Mort~a~ee v~~ih~n ten days next af,er ~ay~r:rnt; and in the r~•ent that an~• thereof ~s not ao paid, sati~fied and
discharged, said I?inrtRa~ee may at nny t~mP pay the s.im~ or an~ part thPre~f w•~thout wa~~~ng or aftectin~
any opt~~n. Itcn, eqwiy or nRiit :ind~ r ~r b~• ~ ir:uP ni th~s m~rt~aRr, xnd the hill amount of each snd every
such pa~ment shall Ee imm~-d~atPly due an.1 (~ayabie .rnd cha:l bear ~nt~r~st from th~ date thereof until paid
at the rate ot ten per c.~rttum per a~num xn~f tn~eth~r w~th su~h ~nterest shall be ~ecured by the lien of thi~
mortgage.
3. To place and continuoucly ke~p on the bu.!d~n;s n~w or hercxfter ~ftuate on ~aid land fire and wtndatorm
i~~urance tn tAe u~ual ~tandard r~l~ry Mrrn. in a~um n~t le~s thnn apecified byF7orida 1&~1... , tn auch com-
pany or comt~-~i•,s as may be np~r~~~•t~~3 h}• s:~..l ~1nrt;;~~~ e: amt all su~h ~nsuran~e p~licie~ on any ot seid bwld-
inRs. any intPreat trierein or {~art thPrenf, ~n th~ ntcr.•rtte aum aforPaa~d or in excess thereof, shall contain tA~
usual standard m~rt~nReP rlauc,• mak~n~ tt~e 1~•~v ur~l~~r s•a~d (x~hcie9. earh and every, payable to ~a~d Mortga-
gee a~ his interesi mat• appcar, an,i ~arh ar.~f r:~~~~~ s~~~ h p~~hcy ahall be promptly drl~~~ered to and held Dy ~aid '
lllort~aRee; and, not less than t~n ~iavs in a~i~anre n( the Pxp~rati~r~ of ~ach pohcy. to deliver to sRtd MortR~R~
a rene~vsl thereof. to~ether w•ith a'rrce~pt fnr ihP prPmn~m nf a~~~h r~newal: and th~re shall be no auch in~ur-
ance placed on any of ~aid build~nRs, any ~ntrreet th~rern or pnrt ther~of, unlea~ in the form and wfth the loss
payable as aforesaid; and ~n the e~•Pnt any aum of m~~ney bP~ome~ payabl~ under +uch pollcy or ~+olicie~ aa~d
Mort[a~ee shall ha~•e the opti~~n to re~~e~~•F and a~+pl~• the ~am~ nn account ot the inAebtedne~ secure~ hereby or
to rnrmit sa.d ~fortra~or to rF~Pie~ nmi u~e it nr nny pnrt t~er~~f for other purro~e~ without thereby wn~vfng
or imnamn~ an}• e~u:ty. lien or r.~M ~rr.rlcr nr by ~•irtue of th~s mortgaRe: and in the e~ent said MortRa~or iha11
for nr.}• mas~~a f~~! t~ kP~n thP ~air1 j~?•'Rtic~ c vn in~nr~d. ~r fail to dellver promptly an~ of asid pol~cie~ ot
insnrancP to sa~d !11nr!~:t(t~~, or ful pmmpilv tn ~iy fr~tly :tn~• prem~um theref~r, oc m any respect fall to per-
torm. ~i~schnr~P. exc~ute. Fffect, cam~l~t~, comply :~1th end aM~ie b~ thie covenant, or any part hereof, said Mortg-
a~lP fl13V plac~ and pav fnr s~uh inaur~nce or xny part thPrPnf K~I~~I~IUt M'f~1Vll1~ OT 9ttlC~IIIR LOY option. li~n,
equity or r.~ht undcr ~r b~• r~rtue oi this mnrt~a~e, a7:J th~ [uU amoont ot each and every such peyment +haU
be lmmediately AuP end pa~•able end vhall bPer intPre~t from the dete ther~of unt11 paid wt the rate ot tm per
centum per, annum nnd toRPth~r with •uch tnterest shalt bc seci~red by the lien ot thl~ mortga~Ce.
4. To permft, cnmmit or ~uffer no «•a.q;e. ~m~ airment or deterlontlon of aatd property oc any pnrt thereot.
6. To pay sU and ~in~ular the ~o.ts, cher~c~ and expPn~es, includinR reaaonaDle lewyer'~ feee an4 cast of
abatract~ ot title, tnourred or paid at any time by .ald bT~rt~aRee berause and~or in the event o! the fallu»
on the part ot the said MortRaRor to duly, promptly and tully perforrq, dlscharge, execute, etfect, complet~.
comply v~~ith and abide by each and every the ~tfpulatian~, agreements, condiUons anA covenanL of said promL-
~ory note, end thi~ mort~aRe, anq or elth~r, xr~d ~nid co~ts, charRea and expenees, euh and every, ~hall M 1m-
medintely due and payeble, whecher or not th~re be not~ce, demnnd, attempt to collect or sult pending; and N~
full amount ol each and every such payment shnll be~r interest lrom ths daU thereot unt11 pald at the r~te ot
ten per centum per annum; and all eald coste. charRes anA e:penses w Incurred or pala together w~tth ~ucb in-
terest, ~hall Ds ~ecured by ths Ifen ot ihls mortgage.