HomeMy WebLinkAbout0152 ti~~tiW~t~~~J~kh~: a$~~'~ti•~W~.~fi ~fti~4v+'M?fiS~
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~ s STUART, Florida,
FOR VA RECEIVED the unders~a~P~ iointlv r~~ cevP?aUy, PROMISE TO PAY to the order of
HANR
. _ . _ _ . _ -
. - . - _ . - DOll/1RS,
; at _ JeI1seI1 Beach, loX~da or su ~h~r plac~ ~s th~ hold~~
~i• 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 id principal and interest shall be due and le
i
In 60 (sixty) equal thly installment S (Dollars)
; including interest.
The lst payment shall be due (Date)
This note may be pre. ~ at any time wi ut penalty.
~i ~r te~a,.~~ F.r -r:~ lo. 10 d~v? par•re~r o1 ~ny ~e~~~llm~ne o! pri~C~p~i cr ~nr~r e. ~n~ p~r~ ~h~rpf. rF• wl+o~• s~r.. MM reTn•.np
„rpt~d -te.e,~ ,~a!1 ar ~~1~• ~ CP~~c~ Dfco O, e a~o Pwyabl~ w~~hOVt nohc•. ia~l~•~ ro HHCis1 ~u Opuon sMI1 npr c~~••.~~ • w1•v~r of rA~ hpAt
•j• •O e.HC te r~e ee~^.- Me r+Mt cl f~..bfeq.M ta~'t hF•cr ^~~.u.~~y bpth p~~nc~Wl •na ~cv•_ed ~N~rtft fM1! . ~~Ierfst al ~ p~r cen?urw p!r ~nnv~n
a i~~ m.•r.t srd •ndcnera e1 r~. ore I~+t~~+ w~.q Oem~nd. rqt,c~ o{ non-O~Yretnt ~~d p.o~eft. tl Ih~~ e~s ~ol p~~0 ~t m~tor.~y ~nd ?hf NtM
j~ d+ced an a~+:•~~v ~o. couea~w+. ~A •te.~ ~~d enOa.~e.~ h~.eof ~qN to Oay •tt cwa of collKnon. ~ndud~np ai rt cosrt ~nd r~~ion~bl~ •tro~nev fHs
o~. ~c.~..e~~ ~+a:d .n~.e eno~ da?•s ~~~e~ d~e fhM. in oed~r~en ro sC~d poymene The moke. shou poy o IwTE RGE ol 5~ ot tM pormM+t d.a
~~r SS t1~ .n~crc.e~ .s IKS. Th~ .o~~s+on s~oll nr,r he r.nctrueA to m~~ly tRe deloult provitiont h~.err or tht mtfresf du Ner aloult.
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and shall duly, promptly and futly perform, d~s~har~e, ex~~utr, ef(ert. ~omptet~, ~~mply with and ab~de by each
and e~•ery !he stspulauons, agrecmrnts, cond~tu~:~s and covenants u[ said j~rum~s~~~ry note and ot tfua mortga;~,
then tht~ moriKage and the estate hereby created shsU cease and be null an~t c~i~i.
It understond that each ot the wor~la, '•note." "mortRagor' and "mort~a~ee" respecti~•ely and the pron-
oun~ refernng lhereto, whether ~n ihe 9in~ilar or plural anywhrrp in lhls mnrtgage, ~hall be a~ngular i[ one oNy
and ~hall be plural jointly RRd sev~rally, ~t mure than one, snd 9hU1 hC 1~1H.9CUII~IC, (PIDIOIR! <71d!Of neuter. wher-
e~•er the coniext ao ~mp1?es or admit9.
And ~tid Mor[gagoc tor himself and his he,r~, IeRal representat~~es, succes~or~ and atsigru, hereby coven•
ant~ ana ngree~ to and v~~th aaid Atortgagee, h~s legal repre~entat~ves, succF9sor~ and aasisns:
l.. To pay all and aingular the princ~pnl wnd inter~at and the vanous and aundry aum• o[ money pay~bl~ p~
~ virtue of said promisaory note, snd tlu~ mortgaqe, each and every, pmmpUy on the days resp~ctively th~ s~n~
' aeverally become due.
f 2. To pay all and ~~nRular the tax~~. a.s~es~m~nts, teti•ics. liab~t~ti~s, obli~nti~n~ tu?d Incumbrances o[ ever~
nature and kind now on said descnbPd prop~rty, and nr that hPr~after may be impoaed. antfered, placed, le~~ed
or ascessed thercup~in, and or that herenfter m:~~• b.~ l~•~•.r,l c?r a.~~~•~qed upon th~s mortRaRe andior the indebted-
ness sPCUred herpb~•, earh and ecen•, u•h~z due ar.~i ~~a}•able a~~t~eM~n~ to law. DPfore they '~ecome delinquent,
and brfore an~ snterest attachPS or an}• p~•~a:ty « u:.~urr~•~l, and ~n so far as any thereot ot record the sam~
shali be promptly satisfied and dic~!;~r~~d ot TPrp~~i :?nd the an~mal AtItC1AI d~cument I~uch aa, tor i~utance,
•he tax receipt er the satis[a~L~n pa~Pr otf:cially en.t.~r~~d or «R~f~P~i~ shRll b~ placed In the hand~ o[ •aid
~tortRagee wZthin ten da~•s n~xt aftFr rayment: and :n tl~e eveni that any thereof ~s not ~o paid. ~ati~f~ed and
discharged, said I?tort~a~ee ma~ at any tim~ pay the ~.~me or eny part thrrPM w•iihnut wa?~ing or affect~nt
any opt~en. Len, equ~iy or nRht ur.~1. r nr b~ ~-~:~tu~ of th;s m~rt~aR~~, an~t the tull emount of each and every
such pa~ment sha11 be emmed+atrly dur ar..! ~~ay:~b'e ind ~h~ll bear intrr~st frnm th~ date thereo[ unti! paiA
st the rate ot ten per c~~nwrn rer annum xn~i ln~pth~~ u~th su~h interest ~hall De ~ecured by the lien o[ thi~
moKgage.
3. To place and continuously ke~p ~in the bu:l~iincs n~w nr herra(ter altuate on ~aid land flre and windstorm
insurance ~n the u~ual standlrA p.~L~y fnrr., irt e~um n~t le~v thnn epecified by Fbrida 18W...., fn auch com-
pany or comt~'~:~•s ~s ma}• be np, r~~~~r~i ht• ~a;~1 11nr!~•~~~•e, an-1 ~Il 9u~h ~nsuranre rnl~ciea on any ot aa~d bmld-
in~~. any intrrest there~n or Pari thrrenf, in thr nscr~~L':1lP sum afor~aaid or in exce~s thereof, ~hall contain th~
usual standard m~rteaRPP rlai~s~ mak~n~ !t~e I~~~v ur~:~•r snid ~olcrfE~s, ea~h an3 e~er~, payable to ~aid btnrtga-
gee a~ h!s interes, ma}• a:1pFar, anA ~ach ar.~l r~•~~-~• h p~.licy ahall be pmm~tly d~l~eered to and held by said
l?(ort~aRee: anA, not less than ten ~ia>•s in ad~:an~-e n! tAe pxp~rat~nr~ ol each policy, to deliver to sRfd Mo~tRaRes
a renP~val thereof. toQether w•1th a rcceipt fnr thP prPmwm nf .u~b r~newnl: and thPre ~hall bc no auch insur-
ance placed on an} ot said buil~imR~, any ~nt~rest th~re~n or ~art ther~ot, unle_v~ ~n the form and wfth the los~
payable aa aforesaid: and ~n the e.•Pnt any ~~m of m~rnP~ becnme~ payabl~ und~r ~nch pollcy or policie~ aud
Mort~a~ee shall ha~•e the opU~~n to rPcei~•P and anplti• the cam~ nn arcount ot the inAebtedne~s secured hereby or
~ to ~+Prmit s1;d ~tortce~or te r~rei~•n ~mi ncP it ar any ~art ther~~t for other purt+oae~ without theceby waiving
~ or im~airin~ any equit~•. lien or r.~ht un~icr nr by r~rtue of th~s m~rtgaRe: and in the e~•ent said MortgaKor sh~ll
for ar,~• r~as~~ f~~1 t~ kP~c~ thP sa~~1 ~+r•~mia~~ 9~ ingyr~il.~!"~Ta~l to dellvPr promptly an~ of ~sid poLcies o!
insur3ncP to sai~i ~i~rt~:tR~~, or fail pmmptlv tn t~~lly :tny premium therefor, or ~n any res~?eAt tall ln per-
form. dicchar~P, ~xccu.e, e(fe~t, complPt~, comply ~.ith and ab?de b~ thi~ covenant, or any part hereof, said Mortg-
aRer may pia~~ and pav for s~ich inaur~nce or anv rart thPr~nt w•~thmit veaivin~ or atfectinR any option. 1i~n.
equlty or r.Rht under ~r bp ~•~rtue of this mnrt~aRe. an~l th~ full amount ot each snd every such psyment ~haD -
be fmmediately duP and pa~•abl~ nnJ ahall bvnr ~ntPrPct from the ~lete ther~of unttl paid at the rate ot ten per
centum per annum nnd toRPther with .uch tnterest ahall be aecured by the 11en ot thl~ mortgaRe.
4. To permit, c~mmtt or ~i~ffer no ua.vte, ~m, airment or detertontlon of aald property or any pnrt thereot.
~ 6. To pay all and sin~ular the ~o.ts, char~e~ and ex~n~es, includ~ng reaaonable lswyer'~ fees and cost ot
~ sbatracts ot title. lncurred or paid at any tlme by ~atd MortgaRee becwuse and~or in the event of the fallurr
on the part ot the said MortRaRor to duly, promptly and Nlly pertor~n, ~ dtscharge, e:ecute, effect, complet~,
comply v~~1th and ~bide by each and evrry the sttpulatinn~, agreements. condiUon~ and covenanb ot atd. promlr
~ory note, and thi~ mortRaRe, any or either, wnd ~nld co~ts, charRe~ and expenses, esch and every, ihsll b~ Im-
_ mediately due and paSable, vrhether or not there be notice, demond, attempt to collect or sult pendlnR; and th~
tull amount of each and every auch peyment ah~ll besr interevt trom ths date thereof untU pald at the r~te o!
ten per centum per annum; and all aatd coata, charRei anA e~cpenie~ w lncurred or pda together wfth ~ucb in-
tereat, ~hW bs ~ecured by ths Ifen ot thls mortgsge.
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