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Home My WebLink About0467 i ~:•-:w~1~0~Pd~~+~h+fi~3~h+~0~?~ `w~Ow?+~+~'~Oh i; ' - b B~OOO.00 STUART, Florida, _ NoVember_./_(~. ~~6_._ : FOR RE IVEQ t u ersi ne~ oin ! and severaN PROMISE TO PAY to the order of_ ~ ~ J~~~i~n ~each ~an"~C, ~ F'Zbr~~a ban~cin~ corporation ` - - - -.._.$igl~~--~oi~sani7-~aad~~no/IOII~~~~~~~~~r~~~w~~r~~~r~~~r~~~~~~~r~~~~~wr ' ; - _ _ - - - ; 1~~asen~ BeacFi;~~ Fiorida - i at - _ _ . . o~ such other place as the holder : ~ hereof may designate in writing, together with interest from date at the .arn nf 8~ ••o~ cp~?...^^ unpaid balance until maturity. The said principal and interest shall be due arid payable sA i0110~?8 2 ~ y ; ~ ~ p~d~continui~ the tiret payment beiag due t6rse moaths iroa? ng each quarter until tully paid. T61s eum o! ' ~~1,08?.97 paid eacti quarter shall first be crsdited to iatereet and t6e = ~ remaindsr to ths principal o~ thia obligatton. Thie note may be prepaid ~ ; in whols or ia part at aay time without penalty. # ~ ~ ~f def~„It b~ Tad~ fw ~O d~ys ~n N~ wrm~e» of any ~~at~Ument of p.~nc~p~t a~nttrnt a any pa.t ~M~eoi. ~M whot~ su~n rhen rnna~n~np ~ ~np~~d w~~ ~nee.es~ s~alt at hoider's api.on b~conv dw ar~d par~bw w~ehout nor~c~. F~~lw~ ~o •¦e.c:a~ ~ucA opt~o~ sMll no? con~~ a wuw. o/ rh~ r~yh~ ~o ~aerNf~ rh~ s~m~ ~n tM er~nr oi aubsp.~ent de(~~rt. Afee. marunty ~oM pi+nuwl and uuvtd inrerest tMll b~ar ~oteieat psr esn~vm per ann~rr~ i ~nn! ps~d. tM mrke~s ~nd ~r.do.ur~ of Mis ~o~t further wa~w demar+d, notic~ o/ non~paY~M? ~nd wotett. If ~h~s noN is nof pa~d ~t in~rur~~y and tM uen~ is ~ o~+cM w~rh ~n •nun~y fa co~lscf~on. ?M m~ta~ and ~ndorsNS I+uwf ~prN b pay ~11 cwq of coUUtion, includ~nq ait cax~ coah ae~d ~easoeHbl~ ~norn~y fe~s. : if ony patime~t ~s pn~d more thw+ 10 doys ofter due ~hen. ~n oddit~on to sa~d poyment, the moker sholl poy o U1TE CHARGE of S?{~ of the poymsnf due ~ SS.00, wh~che~e~ n less. Th~s prov,sw~ sholl rx~t ~e construed lo mod~fy the deiwlt prov~swns hcrew+ or the ~nfaest dw after de(oult. -f --~e3:~-~s--t~#~-r~ton---------------------------------~ - - iSEAI) ; (SEAI) ---~eg~r#~--~i#~eeos---- '».•ti~?~O~?.'wti,?~?ti~'~:~,'~ti.?vti+ }rr~ti~Jfi~. ••{.~+.,'?fi~.h'wG~titi{ ,7»h~.'~tirk~,.+~.~.ti~iWti'».'~4ti and shall duly, promptly and :ully peKorm, d~scharge, ex~cutr, etfect, complete, romply w~tA and abide by each ~ and e~•ery the stipulations, agrecments, cond~tiot~s and covenants of said prumisaory note and ot thia mortgage. then thl~ mortgage and Lhe estate here6y created sh~ll cease and be nu11 and vo,d. It ~s underatood that each of the words, "note." "mortgagor" nnd "mortRagee" reapectlvely and the pron- - ouna refernng thereto, whether ~n the aingular or plural anywhere ln thla mortgage, ahall be aingular ft one only ~ and shall be plura3 jointly and severally, it more than one, and shall be rnn.vculine, tem~nine and/or neuter. wher- eve~ the context ao impliea or admits. ~ And ~aid Mortgagor for himself and his heiro, legal representsti~es, succe.g.sors end assfgns. hereby covea• ~ ant~ ana agrees to and with said I?tortgagee, his legal representatives, succrssors and as9igns: s l. To pay all and aingular the principal and intereat and the variou, and aundry aums of money payable bp vlrtue of said promissory aote, snd this mortgage, each and every, promptly on the day~ re~pectively the aame aeveratly become due. : 2. To pay all and sinqular the taxe9, esses:~ments, le~•ies. IiabiLties, obti~ation~ and incumbrances of every nature and kind now on said descnbed properly, and'nr that hereafter may be imposed, autfered, placed, levied ~ or assessed thereupon, and/or that hereafter may be lrvled e?r ~c_c~~.4e<i upon this mortgage and:or the indebted- ness secured hereby, each and every, ~.hen due and payable 8c.-ord~n~ to law, before they become delfnquent~ and before any interest attaches or any penalty ~v incurred; and in so tar as any thereof i~ o[ record the same shall be pr~mptly satistied and discharged of record and the on~inal offtcial document (sueh aa, tor Instance, the tax receipt or ihe sat~staction paper oifici:illy en~torsed or certif~ed? shall be placed !n the hands of said ~tortgagee v~tithin ten days next after payment; and ~n the e~•ent that any thereot is not so paid, aatisfied and discharged, said atortgagee may at any time pay the samc or any part there~f vrithout wai~ing or atfecting any option, lien, eqwty or r~gltt upder or b~• ~•~rt:s~ of th~s m~rt~a~r, ruid the f~~ll amount ot each and every such pa}ment qhall be imrned~atPly ~1ue an~i {~ayab:~ an~i shall Lenr interest from the Jate thereot until paid at the rate ot ten per cPnturn per annum xnd t~~~rth~•r «~th surh interest shall be secured by the lien of this mortgage. 3. To place and continuous)y ke~p on the huild~Ai.a nnw n~ how~1~.. - vu in~u ~n~~u ii(C allU WITIOSLOTID insurance in the a~val standard pnIicy f~rm, in a Qum n~t les.9 tfitzn i ~c1Xl.~111~1 . In such com- pany or eomp~nE~s_as niny be a{rpro~'ed bv sas~l ~fort};:?~~•e: ami :?II such insvcance p~licies on any of ~aid bu"s1d- "sngs, any intPre~1 therein or part thereot. in the n~~r.r~ate sum afom~aid or in exce's thereof. ~hall contain the usual standard m~rt~aRee claose makinR tt~e l~~~s ur.d~c sa~d policie~, each and every, payable to said Atortga- gee as hie interest ma_r• appear, and each a:t~l ~~~~~ry s:u•h ~x~Lcy ahall be promptly deli~ered to and held by said 1liort~agee; and, not less than ten days in ariti•an~ e of the Pxpiration of each policy, to deliver to snid btortRaRee a renewal thereof. [oqether With a rece~pt fnr thP prPmium nf attrh r~newal: and there shall be no such insur- r snce placed on anr ot aaid buel~iinRs. any ~nt~rest therein. or rart thereot, unless in the form and with the loss ; payable aa a[oresaid: and in the e~•Pnt any sum of money bccomes payable under such polfcy or policies 5aid ~ Mortt;a~;ee shall ha~e the option to recei~•p and apply the sam~ on account ot the indebtedness secured hereby or } to pPrmit ea;d biortraRor lo receie~ and u~e it or any part thercot for otheT purpose~ without thereby vraiving or impalring an~ equity, lien or ri~ht under ~,r by ~~rtue of this mortgaRe: and in the event said Mortgagor shal! tor any rr:?son fai! to keep the ~aid prnm~•~•s s~ inQumd, or fail to deliver promptly an~ of aaid poLcie~ of insurancr to sa~~1 ~inrtgaRPe. ~r fa~l promptly to ~~y t~~lly any premium therefor. or in any r~apect fe?il 1o per- ' form, dischar~e, exe~ute, effect. ComplMe, comply «~th and abide b~ thia co~enant, or any part hereot, aaid Mortg- sgeP may place and pay for such in4t~rance or any part thereoi withnut w•aiving or affectin(~ any option, iien. equity or riRht under or by ~~irtue of this mort~aR~, and thi• fup a?nount o! each and every euch payment shall be immediately duP end pa~able nnd shali bear intPrest from the date thereM unt11 paid at the rate of ten per centum per annum and together with s~ch fnterest ahall be aecured by the Uien of thla morigaRe. ~ To permlt, commit or auf[er no k•avte, impairment or detertorstioa ot aefd property or any part thereof. b. To pay all and sinRular the co~ts, chaP~e~ and expenses, incl~ding seasonable lawyer's teea and cwt oi abstracta ot tiUe, fncuned or paid at any ttme by sald Murtgngee because andror Ln the event ot the fallure on the part ot the said MortgaRor to d~sly, promptly an8 tully perform, dlecharge, execute, etfect, complete. - comply wfth and abide by each and evpry the stfpulation~, agreementa, condiUons and oavenante of ~aid pmmta- =t sory note, and thia mort~age, any or either, and ~aid cnsts, charges and expet~aes, each and every, shall be tm- mediately due and payable, whether or not there be notice, demnnd, attempt to coliect or sutt pending: and ths j tull amount ot each and every auch pevment ahdll bear ~nterevt from the date thereof unt11 pald st the rate ot ~ ten per centum per annum: and all eatd costa, chsrges r.n8 eapense~ so Incurr~ed or peid. together wfth sucts in- terest, ~hW bs secured by the Iten ot Ws morLgage. ~ i ~ 3 i ar ~ r Gbl ) f'~l~E ~l)5 ~ . . _ ~