HomeMy WebLinkAbout0145 ti~titi~M~~v+titi?v?~k+~h~htiti-v?~'~fivkti0~~?ti'a?~~?~~b
s STUART, Florid~,
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~ FOR VA RECE~VE the unders~o~P~ iointiv a~~ ~evP~ally, PROMISE TO PAY to the order of _
_ JFN BANK
,
•i - - . . _ . - - . . _ _ DOlURS,
~ at _ Jensen Beach, loX.u3a or su ther plu~ as th~ hold~~
hereof may des~gnate in writ~ together with interest from date at the rate of 10 per centum per •nnum on th~
~ unpaid balance until maturity. Th ~d pr~ncipal and inte~est shali be due and 1e
.~Y~ In 60 (sixty) equal thly installment $ (Dollars)
including interest.
.j
The lst payment shall ~ due (Date)
~ This note ma be
y pre at any time wi ut penalty.
if de+e: ir ~r ~d~ /o• 1 ~ d~vs ~n p~r,.,en? 01 ~ny .nahltm~rt ol pr,~ap~l or ~~f~. o• ~n
~i v Our ~nerwf. M• whot• ~~m M~n .~•n~~..,nQ
.np.a~d a•~ ,~rere~• ar r:tde• a eD~.on Ae:o o~. e~ r^a C~Wbts w~rAOVt no~.c•. FaJ„•e ro e.~rc,t• i Op~~on f~~:1 rtoe c ~ w~•Wr o~ M~ r.yhf
~ e¦e•c se ~he ss•-~ ^+^e e.en? cl ~..bseo-~n efa.,~r. t~•e~ Ta•un~y EOth pr~nt~p~l and aar~..ed ~mer~ft ih~!I r~me~est ~l
s •nr.~ W' cM/uT pN •nn,,.n
Ca o in~ m,.~•~ ~r0 endo•tery e1 rl~~ .orr 1~s~wer w~~v! dtm~nd. ootK~ of no~-P~Yment ~~d D•ofrst. ~I M.f e~s rot p~M rn~hr.rr ~nd M~ NnN S
~s~ o'acM w~•h •n ••r:~~e~ }or coi;ecuwr. ~n ~ken and ~ndorsas M~eol ~y~~ to pay NI cou~ 01 coll~d~on, •ncludmp •t co~ts and r~~~on~bl~ •~to~nev f~~s.
o~v c+a.m~~r ,t p~~~ m~re tha~ dors a~~e• A.~e ~hcn ~n odA.r.cn to ~a~d poymen+ ~ne mote~ shon poy o LATE RGE of 5^~ of fh~ poym~nt a„~
_ SS Q~. +h~;n~~•e~ .s ~ess. Th~ •ov~s~on ehol' nrr be c.nsHuta rp ~n~~ty the de~ouH prov~s~ons he~em .r the mtNesf ffe. d~foutt
~
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~ C O P Y SEAL)
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and shal( duly, promptly and fully pcrtorm, d~~rharRe, PX~'CII~P, CItP~'I. CORl~1ICIP, ~omply w~th and abide by esch
and e~~er~ the stipu:ations, agre~men~v, cnrid~t~u:~s and covenants nf aaid {~r~,m,s~~,ry note and of ttua mortga`~~
then thi~ mortRage and the estate hereby created shsll ceaae and De~null an~ ~~oid.
It ~s understood that each o[ the kAiV9. ~~note," "ITIO~tR3~A~" wnd "m~nRaRee" respectively and the pron-
oun~ reterr~ng thereto, whether ~n the sin~utar or plural anywhPre ~n thls mnrtgage, ahall be a?ngular it one only
and ~ha11 be plural jointly and sev«~~ally. mure than one, and +h:iJl he ~n~..v~ul~ne. fem~n~ne and; or neuter, wher-
e~~er the context ao implles or adm~ts.
And aaid Mortqagor tor himself and his he~rs, IcRal rPpresentat~~e~. su~ces~ora and a~afgna, hereby coven-
ant~ ana agree~ to and w~th aaid I?iortgagee, his legxl repre~entativ~s, succP~on and as~i6ns:
' 1. To pay all and s~ngular the pr~nc~pal and intereat and the vanous and ~undry sum~ of money pay~bl~ p
' virtue ot said protrussory note, snd this mortgage, each and evpry, pmmpt3y on the dayi nsp~c4vely th~ ~aaf~i
i aeveratly become due. -
~ 2. To pay al) and ~?nRular the taxes. a.cs~s~m~nts, IC~IP9. IIaD1IitlP9, obli~ation~ ar?d lncumbrancn of ever~
nnture end k~nd now on sa~d descnb~d j~f0(~P~IV. Rt1~~ or that A~maft.•~ may be ~mpoaed, euttered, placed, le~led
or assessed thereup~n, and or that hereaftrr m:t}• b.• l~•~:Pd or a.:~~•~~c~i upon tA~s mortgaRe and!or the ~ndebted-
ness vecured hereD~, each and e~er~•, wh~n due ai:~t E~a~able a~•.m~i~n~ t~ law, ~rfore they become deLnquent~
and brfare an} interest at:aches or an~• p~•ns:ty ircurr.•~1: 3n~1 ~n ao far a.q xn~ thereof ~a ot record the um~
shall be prompUy saUsfted and d~s~har~rd of rPrord and the on~~nal ottic~al document Isuch ai, tor i~utat~ce,
~•h~ tax receipt er the saUs[actton pa~Pr offfc~.?Ily en•I~rs~•d or .~rtif~~di ~hnll b~ placed In t~e hand~ of ~ud
;tortRagee a~ihin ten days n~xt aitFr ~aymcnt: and ?n th• e~•Pnt that any thereo[ ~s not so paid, s~tislied and
discharged, said DtortRa~ee may at any t~mP pav the s:?m~ or any ~~rt lh~rPnt w•ithnut wai~~ng or af(ectin~
any optten, li~n, equttv or nRht un~i~r or b)• ~~r:ur of lhis m~rt~aR~-, nnd the full nmount ot each and every
su~h payment shall be ~mmed,at!~ly ~luP an~i ~~ayab;P an~i ch~ll bear ~ntcr~st !mm th~ dRte thereot until paiA
at the rate ot ten per c~~nturn per annum ;.nd t~~c!h~•r w~lh surh intere4t ~hall be ~ecured by the lien of thi~
mortgage.
3. To place and cont:nuously ke~p on the bit:td~ncs n~w or hereaft~r altuate on ~aid land fire and windstorm
1n~urance 1n the u~ual standar!1 pnh~y fnrr::, in a~um n~t le~a thr~n aQecified by Fbrida 18w.._., 1n ~uch Com-
pany or comi~-~i~,s as ma~ be Aj~jlf~~t'r~~f h~ ~as.l Ainr!;;~_~•e. .+n~i all au~h ~nsunnce pnlicie+ on sny ot said build-
inRs, any intPre~t therein or par. thereof. in th~ n~cr.•~:itP aum aforPaa~d or ~n exCess thereot, shall contain th~
usual standard mnrtenqPP ~tauc~ mak:n~ t2,e t~:~a ur,i~~r s•<<d ~oliriNa. eaoh and e~ery, payable to aaid 1linrtga-
Ree as Ms interes; mac a~pcar, an~i r7fF1 AT:~I r~~~~: ~ c, h p~du} ahall be pmmptly dFL~ered to and held by ~aid
1lfort~aRee: and, not less than tcn ~1avs ~n a~i~•anre n! the Pxperat~~n of ~ach poh~y. to dNiv~r to snid MortR~R~
a renen•a1 thereo[, toQether v•ith a rere~pt fnr thP prPmium nf at~rh r~newal: and th~re ~hall be no auch insur-
ance placed on an}• of said buildinRs, any int~rrst thcrein ~r ~nrt thercof, unles~ m the torm and with-the losa
pavable as atoresaid; Anci in the e~•Pnt any sum of mr~nry bPC~me~ payabl~ under ~uch pollcy or ~+olicie~ aud
MnrteaQee shall he~•e the o~tf~~n to reeen•P artd z~plv the ~am~ nn arcount of the fndeDtedness secured hereby or
~ to fwrmit sa~d :~Tortca~or to rPre~~•~ 1n•i »~P it o- any part ther~of for other pue~?o~e~ without thereby waivtng
or ~mpainn~ an:• Pq~iit~•. lien or r.~hL unric: ~,r by .•irtue Af 2~i79 mnrtRaRe: and in the event said MortRa~or shall
_ for s?m• rras~z [ail t~ kP~P th'P sa:~i rr•~miv~~c v~ in~nr~d. nr tail to dtllver promptly any of ~sid polic~es ot
~nsurancr to saui :?t~~rt~aR~e. ~r f~l prompUy tn r.i~• fnlly :u~~• prcmium therefor, or ~n any respect fdl lo per-
form. dlcchar~e. er.ecu:e. ~ftP~t. complPt~, comply ~~:th er.A ab~de by thi~ corenant, or an~ part hereof, asid Mortg-
aReP may plarr and pav f~r such in!iirance or any part thPrPnf w~thnut ~•~i~m~ or a[(ectlnR any option, li~n.
equit~ or n~h[ under ~r by ~•~rtue of this mort~a~e, ar.~l thr full :?mount nf each and every such payment ~haU
be fmmediately duP an~! pa~•able end shaU bPer ~ntPr~~S frortr-tfie ~iate ther~of untll paid at the nte ot ten per
centum ~r annum and togPth~r v?ith .uch Interest shall be aecured by the lien ot thli mortgaRe.
4. To permit, commit nr ~utfer no ~t•~~te, im, a~rm~nt or deterlontlon of sald property or any part thereoi.
6. To pay nll and ain~ular the ~o:ts, cher~c~ nnd expPn~es, includinR reaaonable lawyer'~ fees and cost ot
aD~tract~ of title, fncurred or paid at any tlme by ~ald 1?tort~sRee becauae andior in the event ot the fallur~
on the part ot the ssid Mort~aRor to dnly, promptly and [ully peKorn?, dtscharge, e:ecute, effect, complet~.
comply with and abide by each and evPry the ~tlpulatinn~, agreementa, condipons and covenanb of sa~d promL-
iory note, and thi~ mortRaRe, any or etthPr, ns~d enld cn~ts, chsrge~ and e~cpenses, each and every. ~hatl D~ Im-
mediately due and payable, whether er not there be notice, d~mand, attempt to coliect or sult pending; and th~
full amount ot each and every such payment ~hall bear intenst irom the date ihereot untll pald at the rste ot
ten per centum per annum: and all eafd coata, charRes snd espense~ w Incurred or pala to~ether rvtth such !n-
tereat, ~AW Ds ~ecured by ths Ifen ot thia mortgage.
D:• r r f_~1 I PAt_F I~i ~