HomeMy WebLinkAbout0869 ~o~o
S - - - - STUART, Florida, _
FOR VA RECEIV th~ 4ndersia?+•?~ iointlv w~~ ~evp~ally, PROMISE TO PAY to ~he orde? of .
'i ~IK
- - - . . .
% . _ . - - _ DOIIARS,
at Jensen Beach, lvx~ia or su ther place as the holder
hereof may designate in wrin together with interest f~om date at the rate of 10 r centum per annum on th~
; unpaid balance until maturity. Th id principal snd inferest shall be due and p le
~ In 60 (sixty) eyual thly installrnent S (Dollars)
~ including interest,
~ The lst payment shall be due (Date)
~ This note may be pre~ ' at any time wi t penalty.
~ 11 default br +~~d~ Iw 10 d~ys ~n ~v~t of ~nr 'ntbllm~nt o( a~~opal or ~nte~~ ~ny p~i~ eAerwl, rA~ wl+ol~ swn tPen ~~rna~w,nq
.Z .,opa~d +..i'+ .nrc.e~r .N~~ a~ ~.olde•'a cpr,on bccom ~e e~a p~vabl~ w~~ ~
'Aout na,c~. F~J~.~ ro hac~t! ~~c ~~on fh~ti not tc~A • w~~vp ol th~ riyAl
= r~ •¦errse ~M s~Te ~ th~ wM~ ol ~~~bua:cnr autr. I+fre. en~tw~ty boM P~•nunal and accrv~d ~n~er~p ~h~l! u~~rnr ~1U pe. ce~wrn per ~enom
.j „nn~ pa.d. Th~ .oNen ~nd endoners o~ ~h•s e lurt?w w~~v~ Oem~nd. not~c~ of non-p~y~n~nt •nd p.olefr. tl M~s n no~ p~w a vut~..t~ ~nd ~M uny ~y
o~x~d waA ~n •norn~y fa co1l~a~on. ~A ~n and ~ndws«~ lrrwf prM to pay ~11 co~?~ ol col!~cnon. ~eclud~nq cost~ ~nd reasonabN Nfwn~y fee~.
~ ~f ony ~O yme••e .s po~d mxe fho~ vs ofter d~.e +?+e~. ~n odd~r~on to w~C paymem, Ihe moke. slw~l poy o LATE C GE of S~'a o1 rh~ poym~nt due
~ pr s500, whi~nc~er ~L llSS. Thn +~s~on Shall nnt C"-r.~ftuld tO !sM,Qdy fh! QCfOuli prov:i~^•ni he+i~r pa fhi ~~tNtSt d;.! Ip ~(O~ril.
~ C O P Y SEAI)
~ ;S
~~?~?4.?.+,?.4.+.+ti',~+fi,'~{r;w+fi{».+,+,1~.'»~»}~fi,+,+ti?~.+a~-. • fi-. ti++'~4a».+~}~+fi•r.r:w+fi~:~t~.+
~
~ nd ahAll duly. promptly and full~ pe~form, d~s~harRe, ex~~ut~. ef[e~•t. c~~ne~Iet~, ~•~mply w~th and sbide Dy qc11
` ~d every the atipulations, agre~menG~, conditu~:is anA covenants u[ s:ud pr~,m~s~ory note and ot thia mortgage.
8 F- ttu~ mortRage and the estete hereDy created sh.?Il cet~ae and be nWl anu ~•03~1.
F- i .
V` Yi ~a unuersioai [nai eacn ui ine wor~a, `note,~ monRsgor` anu °mortKagee" respecti~ely ana the pron-
v+ ll a~ te/ernng thereto, whether in the stnRular or plural an~~where in lh~a mortgage, shall be s~ngular 3t one oNy
3~~i ahall be plural jointly and se~Prally, ~t more than one, wnd +hall be inr~~culine, tem~nine and/or neuter. wher-
L~ ~~•p? the context so impl~ea or admita.
v Q Md uld Mortgagor tor himstlf and his he~r~, legal representati~•e~. ~ucceswra and asaigns, heteby eoven-
ana agreea to and v?nth said 1Nortgagee, his legnl repre~entat~ve~, succPSSOrs and asaigna:
l. To pay all and singular the principnl Rnd interest and the various and sundry sums ot money payable br
C ~frtue o[ ~aid prorrussory note, ~nd thls mortgage, eacA and every, prompUy on the days reapectively th~ aam~
- eeverally become due.
M
~ 2. To pay all aztd aingular the taxes, as~es~ments, le~•te~, liabtlitie~, obli~at~on~ and fncumbrances o[ every
nature and kind now on 9aid descnbrd prop~rty, and 'or that herea[ter may be imposed, auffered, placed, le~~ed
II ' or assessed thereupon, and~or that hereefter may br Ir~,ed or ~~~~•s~c~i upon this mortqaRe and/or the ~ndebted-
i ness s~cured hereby, each and e~~er~, w•hen due and payable accerdin~ t~ law, be[ore they become ddlnquent,
and be(ore sny roterest attaches or any penalty is incurre+f; an~i in vo far as any thcreot is o[ record the samt
shali be prumptly satisfied and dischar;,rd of record and the ony,nnal otf~cial document lauch as, [or i~utanee,
•he tax receipt er the sati~fa~t:on paper ntficiatly emi~rsed or r~rt~fiPC1~ sh~ll Ae placed in the hand~ of said
MortRagee k~th~n ten daps next after ~aymcnt; and ~n the e~ent that any therrof ~s not so paid, satisfied and
discharged, said ]lfortRa~ee may at eny tim~ pay lhe s:?rni~ or nn~ part th~r~n[ u•ithout wai~ing or atfectins
any option, liPn, equity ~r r~Rht und~r or b)• ~~u~tuP of this mnrt~aR., xnd the full nmount ot each and every
auch payment shaU be immPdiatPly due an~i {~ay:~Ale and afiall bear inter~st from the date ihereof until paid
at the rate of ten per crnturn prr annum knd t~~~;eth~r w~th surh ~ntere:~t ~halt be secured by tht lien of thi~
mortgage.
S. To place and cont~nuously ke~p on thr bu:ldm~;~ n~w or hereatter attuate on said land ilce ~nd wtnd~torm
inaurance In the u~ual standard pnG~y tnrr:i. in a~um n~t Icsv than sQeciSed by Fbrida lgw.._., In such com-
pany or com~~~r?i~•s %~s may bc a}rpr~~~•rd by ~a;•l ltnr!;;a~re: an~f atl such insurance policie~ on any of said Duild-
ings, any intPre~t therein or part thereef, m the n~fir.•~ate .um aforPaa~d or ~n excess thereof, ~hall contain th~
usual standar4 mnrt~egrr rlause mak~n~ the t~~.v ucdrr .aid poLrie~, each and every, payable to aaid btortga-
gee as hie interesi ma~~ appear, an:i e~ach at:~l r~• ~~F~ h p~~licy~ ahall be pr~mptly d~li~ered to and held by said
1?tort~agee; and, not le~s than ten days in a~i~an~e ~f the Pxp~rntinn of ~ach pohcy, to deliver to awtd MortRaRee
a rene~val thereof. to~ether v~lth a rereipt Inr thP prPm~um nf au~h r~ncwnl; and th~re ahall bc no auch inaur-
ance ~Slaced on any o( said bwldinR~. any intrregt lh~re,n or part thereot, unless ~n the [orm snd wfth the losr
payable aa aforesafd: And ~n the e~~Pnt any aum of money become~ paysbl~ under ~uch pollcy or policiea aaid
Mort~ea~ee shall he~•e the opti~~n to re~eivr and a~ply the sam~ on arcount ot the indebtednea~.aecured hereby or
to T+rrmit ~aid M~rt~a~or to rPrei~•~ nmi u.p it or any pnrt thercof for other purpo~e~ without thereby wa~vtng
~ or impairing any equitv, lien or n~ht under nr by ~lrtue of this mortgage: and in the e~ent said MortgaRor shall
E for any rr:?s~~ (ni! t~ kr~p thP sairf pr•~m~.r•c an ine1irrd, nr tail tn deliver prompqy any of said pohcie~ of
insuranc~ to sa~d 211~rt~aR~e. or tul promptly to p~y [nlly :?ny premium therefor, or any res~?ect fafl to per-
torm. diechar~P, excrute. ~ffect, compl~t~, ~omply ~~~th and ab~~ie bv this co~enant, or any part hereoi, said Mortg-
aReP may place anrt pstp f~r such inai~rnnce or nnv part thPrPnt withnut v«ivin~ or attectinq any opti~n, li~n,
equity or nRht u~der nr b~• ~•irtue of th~~ martRaRe, an~l th~~ [ull amount of each and every such psyment +haU
be fmmediately duP anA pa}•able nnd ahell bPer ~ntorest trom the dnte ther~o[ untfl paid at the rate ot ten per
centum per annum and toRether with .uch tnterest ahall be eecured by the lien o[ thi~ mortgaRe.
4. To permft, commtt or n~tter no Ma~te, ~rrpairment or deteHoratlon ot sald property or any part thereot.
i 6. To pay sll and ~in(Zular the coat~, char~e~ and exp'nse9, fnclud~nq reasonaDle lewye~s tees and coet ot
abatrncts ot tiqe, fncurred or pafd at any tlme by sald 1?tortgaAee because andior !n the event oi the fallur~
on the part ot the said MortRaRor to duly, promptly end tully peKorro, dUcharge, e:ecute, etfect. complets.
comply wlth and abide by tach and ev~ry the sttpulatione, aqreements. condiqon~ ~nd covenant~ oi ~ud promis-
wry note, and thfs mortRaRe, any or elth~r, and ~xid costs, charqq and expenses, euh aad every, ~hall be Im•
mediately due and payable, whether or not there be notice, demand, attempt to collect or sult pending; and th~
lUll amount of each and every sach pnvment shall bear intereat trom Ns date thenot untfl pald ~t the rate ot
ten per centum per annum: and all sstd coste, charRes •nd expense~ w lncurrcd or pala Wgether w*tth sucb in-
tereit~ ~ha11 Ds ~ecvred by the Ilen of thls mortgage.
; ~26~ c~E Sfi7 _
~ - -
g