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HomeMy WebLinkAbout0371 ~.2~~~~~~._._ Stwrt, Florida, ~3Q , 14''6 ~ vdw naiwd, 1, vw, or ~ttF~ of u• ~antly ~~d Nw~ally promiN to p~y in lawfui mon~y of th~ United Stat~a iu to tM ord~~ of FIRST NATIONAL dANK AND TRUST COMPANY OF STUART at ih offia in lhit city th~ principal wm of ~ ~ ~ ~ ....................._____..._...__.....------_pollars wNh Inr«~a fro~ da~ N Nr r~ o+~~« anww pN ~h. ~Id b~l«w umtl ~Id, utd p+nNpd and im..~N a b~ phr.bl~ M ~ '!V~ ~ ~r aad 87/~00----- ~49.87 +oa.w.~ In ~na,Ml;? Mra1M~a. of ..._.~.___--_--___~..._.~_..~.._.._...._.___..__.~______._:..._w c~..._._._ wKlu~w wa.nq. o~ tl~. ~b ~h ~ aa~~, ~ dN ~f ~adi n~o~h bpNnNq on 11w dw d N ~nd a~lYwl~ e~ th~ _~h dnr ef wd~ ~nd w~ry n~on~A tI+~~IM~ uiaN th~ d~y ef 1•_~ oe wl~ld~ wtd dM~ ~M ~Mk~ b.l.ea ef principd .nd k~1MMt tl~ u~paW ,h~li b.oom. ~iw .nd P+Y.bb. E.d~ p.yn~e M a b~ ~PP~ fwq le MMiMt and IIM b~l~na b pNKipal. le taM Nld M~ttdWn~nM. or M~y of tMe1, an not pNd vrNhM IS dhn ~fNr Ih~ sM~r b~oaM dw.11» who4 of ~Nd prMcipd and MNiwf wu~ ~N fa~llMriN~ 1NaaM du~ ~nd V~InbM at IM aWbn of th~ AoMMr o( tM~ ~oN. Nh. tM ~wk~r* Mdon~n ~nd Ownnton o1 thN noN. M~~b1l t~vw~Ny waM pnanhMnt fa paym~nt. no~ia of noirpayn~M..ProNp and nWiO~ Of PrO1Nf. ~11~ ~~~?NI~III~ W~} ~O~ly~ MI~ P~f~Y I~Nf~b. Mld oOnNM tAM t111M Of WYTN1~ iMY b~ ~atM~d~d wi1h0u1 npiitt tlNnof M ~n~r of tir ~vntiN d tAM iaM. - liew. ~hadd k b~ n~aM~ry 1o aolMef tI+N ~ ~hrarph an ~nerewr, Mch of w. wheMM nMka. wnb a«+don~. an d~is iaN. INnb1? qN b P+f~ ~II oow of wW ao~4 MkN~nO ~ nMOn~bM +MOn~/'s h~. • i~W ~b~nlc M I~edM? a~pnMyr w~ho~la~d a rNNn anp ~Nr~l a~p~eMl d~po~it. ooI1NKd. n•10? p~.wn~l Na~?. or N+~ po~s~d~ th~nof, bNona ie~ ~e NNw d u~, now a MnatNr M fl» po~ion d M du.ino th~ NnN tM~ neN nin~iir w~p~id, ~nd b~fon a~f~r ~tvrhy. Mnof map ~ppiy th~ ~ 1s this a an~? e~iwr d~bR a WWIMiN ef ~MFw ef us q uW b~ek, dw or w b~oonr dw. Gtwn und~r tM Mnd ~nd Mal of ~r.h put~r. ~~A DOCtJAAt7vr;.2v c•. T/1X AFfIXEO TO :.R•.~.,•. At~rr, r~,r:-; ~S~ .St~II~~? BOt~COWSICI P. o n Na, t~us /s/ Harriet A~ Borkawski ,M ~ and shall duly, pwmptly and fulty perform, dischuge. ezecute, ef[ect, complete. comply with and abide by each and every the stipulations. agreements. conditions and covtnants of said promissory note and of this mortgage. then this mortgage and the estate hereby created shall cease and be null and void. It is undentood that each of the words. "note." "tnortgagor" and "mortgagee" respectively_ and the pronouas rcferring thereto, whether in the singulu or plural anywhere in this mortgage~ shall be singular if one only and shall be plunl joiatly and severally. if more than one, and shall be masculine. feminine and/or neuter. wherever the conte:t so implies or admits. And said Mortgagor for himself and his hein. lega! representatives. wccesson and assi,gns. hereby covcnant: and agrtes to and with said Mongagtt. his legal representativa. successon and assigns: ~ ~ 1. To pay ali and singulu the principal and interest and the vuious and sundry sums of moaey payable by virtue of said promissory note. and this mortgage, euh aad erery, promptly on the days rcspectively the same severally become due. 2. To pay all and ungulu the taza. asseument:, levies. liabilitia. obligations wd incumbrainca of every nsture and kind now on said described property. and/or that hereafter may be imposed, :uffered, placed. levied or asteszed thereupon. md/or that hereafter may be levied or assessed upon Ehis mortgage and/or the indebtcdness secured hereby. euh and every. ' when due and payable aceording to law. before they become delinquent, and be[orc any interest attache: or any penalty is incurred: and in so far u aay thereof is.of record the same shall be promptly satisTied and discharged of ncord aad the original o[firial document (such as, for instance, thc: tax receipt or the utisfution paper officially endoned or certified) shall ~ be plued in the hands of said Mongagce within tcn days next after payment; and in the evmt that any thercof is not ao paid, utisfied and duchargcd. said Mongagee taay at any titne pay the same or any part thereof without waiving or affecting - any option, lien, eqnity or right under or by virtue of this mongage. and the full amount of each and every sudt piyment shall be immediately due and payable and shall bear intemt from the date ihereof until paid at the rate of trn per centum per annum and together with such interest shaU be xcured by the lien af this mortgage. _ S. To plue and continuously keep on the buildings now or hereaiter :ituate on said land fire and windstorm insurance in the usual standud policy form, in a sum not less than the highest insurable value, in snch company or companies as may be approved by uid Mortgagee; and all such insurance policies on any of said buildings. any interc:t thenin or part thtreof, in the aggregate sum aforcsaid or in excess the~eof; sha11 contain tiie usua! standard mortgagee clause making Ehe lou under said policies. euh and every, payable to said Mortgagce as his interest may appeu, and each and every wch policy shall be - pmmptly delivercd to and held by uid Mortgagee; aad, not lea than ten days in sdvance of the expiratan of each policy. to deliveT to :aid Mongagee a renewal thereof, tosether with a rcceipt for the premium of wch renewal; and there shall be no such iasurance placed on any of said buildings, any interest therein or put thereof, unleas in tbe form and with the bss payable as aforesaid; and in the tvent any aum of money becomes payabk under wch policy or policies said btortgagee shali have the option to receive and apply the same on ucount of the indebtedness secured hereby or to pern~it uid Mortgagor to receive aad use it or any put thereof for other purposes without thereby waiving or impairing any equity, lien or right uader or by virtue of this mortaiage: aad in the erent uid Mortgagor shall for any reason fail to keep the said premises ~o insurcd, or fail to deliver promptty any of uid policies of insurance to said Mortgagee, or fail promptly to pay fuUy any prcmiwn there- for. or in any ~apect fa~ to perform. d~schuge, ezecute, effect, complete, comply with and abide by this covenant. or any ~ part hereof. uid Mortgaaee may place and pay for suc6 insurance or any part thercof vrithout waiving or affecting any option. lien. cquity or right under or by virtue of this mortgage~ and the full awouat of each and every sucl~ payment shall be . ~ immediately due and payabk and shall beu interest from the date thereof until paid at the nte of tcn per centum per mnum , and together with wch intercst shall be xcured by the lirn of this mortgage. ! ~ 4. To permit. commit or suffer no wute. impairment or deteriorataa of said propcrty or my pui ihereof. 5. To pay all and singulu the costs. chuga and eapenx~, indnding reasonable lawyer's feu and cost of abstruts of title. incurred or paid at any time by said Mortgagee because and/or in the event of the lailure or~ the part of the said Mortgagor to duly. promptly and fully perform~ di:charge. execute, ef(ect~ complete. comply with and abide by each and every the stipulat'ans, ~greementt, conditans wd covenants of said promissory note. and thit mortgage. any or eitlier. and said costs. charges and eacpenses~ each aad every, ~all be immediately due and payable. whether or not there be aotice, demand, attempt to coUect or suit pendins; and the full amount of each aad every wch payment ~all beu interest from the date thereof until paid at the rate of ten per centum per annum; and all said co:t:, chuga md eupenies ~ incurred or paid, together with such interest~ ~hall be secured by the lien of this mortgage. . ' ioat 26~ Fas~ 3~0 ~ ~ _ . ,~a~t. . . .