HomeMy WebLinkAbout0873 _
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s- - _ _ STUART, Florida. -
~ FOR VA RE EIV ~nde~sic,n..~ jointiv cevP.ally, PROMISE TO PAY to the order of._ .
_ _
.
_
. . - .DOIURS,
at Jesisen Beach, lO~~..._. ._or su ih~r piace as th~ holdtr
• hereof may designete i~ writ~ together with interest from date et the rate of 10 . per centum p~r annum on th~
unpaid balance until maturity. Th id pri~upal and interest shaN be due and le
In 60 (sixty) ec~ual y installment $ (D~llars) -
including interest. '
The lst payment s~all be due (Date) .
This note may be pr at any time wi t penalty. ~
II de1~;,li be T~W 1w 10 d~rs ~n o~yT.~ne e} ~nv :n~talln~~nr d Wu+c;p~1 w in a~r o~~ Mer~of. Mv wAey w!w M~n .~~u~
~.,npnd w.r~ ~ntve~~ .~aH at halde%s op~~o~ b~c d~x ana wr+bl~ w~~hpuf naK~ f~~l~•~ ro t¦ac~s~ ~ op~,on ~Ma not cq~~~~N • wawr et Ny riqM
~o •saas~ tM s~~re ,n tl~ ~„~nf ef s~~W.~e~ I~u~~. Alr~i ina~w;ry !pM pinc~Wl uW accreW iNaH? ~lyq ~ntaKt ~e aL1/ O« eM~ww pN ~nnew~
~„e~~ pa~d. irv TIYM~ ~nd endw~erf o1 N.~ ?urilw wa~w dNnu+d. em~c~ of non-payw~M~ ~nd aa~N. N~h;~ K~f ptie N wwnn,ey and Nw
v~+eW wnA an •rrornep fo. eoliKnon. ~ ka~ Md ~ndaw~ M.sd prq ts P~y ~tl ewM d eoll~ctwn. ~e~ct
~d~no ~1 t toab ~nd nypn~M ~MOrMy fNa.
~1 ony po y.n~n~ ~s po+d more tho~ dovs ofter ~ ~~,e~_ ,n odd,~wn 1o soW poyment, t?~e nwke. shoil poy o IATE RGE o~ S~ ol fM paynMnf dw
cr sS.00. ~hKhCYN n Iess. Th o~~a~on s~w1~ nor Dt construed ~o mod.N th~ defoutt prov~~.ons h~re,n w My ,ru~rest Ha d~ a,1f.
~ C O P Y SEAL)
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~ and sha11 dul rom tl and tuU
~ y, p p y y perform, A~acharge, executP, e~[ect, com~let~, ~omply w~th' and abids py tach
yti and every /he st~pulauons, wgreements, cond~t~on~ and covenanta ot aa~d prum~ssory note and ot thi~ -mortjap,
3 o then tAis mortgage and the estate hereby cnated shnQ cease and be nWl anu ~•aA.
It ~s~undento~d that each of the wo~Js. "note." °mortgagor" and "mortRegee'• re,pec~vely and cb. pron- ~
3 V~ ouns refemna thereto, whether in Lhe sinRut~r or plural anywherc in thls mortgage, ehali be aingul~r tt o~s oNy
~ and shall be plursl jointly and severally, it mure than one, and ahalf De ~nn.lculine. [eminine and/or neuter. wMe~
; S ever the context io implies or admits.
N ~I .
~ And said Mortgagor tor hlmsell and hi~ hein, Ie~Cal repreaentattves, succeason and usipu. her~br oorsu-
N ~nts ~nn aarees to and with said Mortgagee, hls legal repreunt4bves, succeason and asaisns:
~ 1. To pay a11 and ringular the principal and inte~^e~t and the vsnous and ~undry sumj of money p~yab4 b~
Wrtue of ufd protitiawry note. and Uus mort6age, each and every. prompUy on the days resp~cUvely t!~ ~atn~
' ~everally become due. -
4. To pay all aad singular the ta~cea, asses.•menta, levirs, liabilltie~, obll~ation.s and lncumbrancq of ~ver~
nature and kind now on aaid descnbed property. •nd: or that herea[ter msy be imposcd, wtfered, placed, IevlM .
or assessed thenupon, and;or that hercefter may Lw lr~~eci or ssw~~sed upon this mortgage and/or the indebted- -
j ness aecured hereby, each •nd every, u•hen due and p~yable accerA~ng to law, Detore they Decome deliaqutnt~
and be[ore any lnterest attaches or any penaliy ~v ~r.currr~i; and ~n ~o tar a~ any thereot i~
oi retord the sanw
ahall be prvmpUy ~atisfied and dsschar;,rd ot rernrd and the oriRinal otl~cial Aocument (aach aa, fot 1n~Unc~.
:he tu recelpt or the aatisfaction paper ofticially en,tnrscYf or rerttf~ed~ ahalt be placed.ln the handi ot ~aid
Mortgagee within ten days ncxt atter paymcnt: and in the evenf thst any thereo[ ia not so paid, sati~fied aed
discharged, said Mort~a~ee may at any t~m~ pay the s:ime or any part thereM w-ithout waivfng or -affectins
~ i?rty optiOn. lien, eqUity or r~Rht unArr or by ~'iriuP oi th:a mort~aRe, and the full amOUnt of eaCh and~ evtey
4 such payment ehall be immed~atrly due anA ~ayab{e ~nA ahall bear interest (rom the- dale thereaf until paid
at the nte ot ten per cPnturn per annum r.nd t~~ethrr v?nth su~h intereit ahall be secured by the llen oi thla -
mortgage. . -
j , 3. To place and continuously ke~p on the bu,td~nr;a now or hereatter sftuate on said land flre and vnlnAstorm
I
i Insurance in the u.aval atandard pol~~y t~rm. in a~um n~t le~ th+?n ~C1f1Bd by F~D!'id8 idv..... !n ~uch cofn-
~ pany or comp-ni~s as may be a{~prot•rd by ~:?:~1 Atnrt~;~~~•e: amf niI auch insurnnce ~u+liciee on ~ny o! uld build-
ings, any int~reat therein or part thereof, in the a~~r.~~ate sum aforeva~d or in exce~s thereof, ~h~ll rnntain tM
~ usual standard mnrt~nqe~ olau.ce makinfi tt~e 1~:~~ uc~lrr aa~d polscies, each ~nd every, payaDle to s~id ldort~a-
~ gee aa hii tnterest may apprar, ani cAth a~:~l r~•P: y~ c~~. h~?l~cy .hatl be promptly dMivered to and held by ~aiA
~ biortRagee; and, not less than ten dara in adrsn~e nf the •xpirat~on ot each policy, to deUver to sRld I~tort~aRe~
~ a renewal thereot, toqether veith 8 rMapt f~r th~ pr~m~nm of .n~h r~newwl: ~nd th~re ahall be no tuc~ fruur-
~ ance placed on any ot ~ald bulldinRs, any intere~t therein or pert thereof, unlers in the form and wlth th~ loN
~ psyable ss atorcaaid: nnd In the e~••nt ~ny sum of muney brcomes pt~ysble_ under~ auch pollcy or pollcies uid
E MortQa~ee ahall ha~e tAe optl~~n to receive and apply the wmP on arcount of ihe indebtedneas ~ecured hercbr or
~ to Mrmit ~xid Mort~a~or to re~eiv~ nnA u~e !t nr any pwrt ihereot for other puTox~ without theteby waivtnt
or impairin~ any equity, lien or r.~ht under or by ~~~rtue oi thia martg~e; and in the event aaid Mortga{Cor shal!
~ tor any rras~~ tail to ke~p the sAi~ prpmi~rs 1.+ in~urrA, or tail to dNivec promptly any ot sald policies ot
! tnsurancr to said IltortgaR~e. or fail promptly t~ p~y f~~lty :u~y premium thenfor, or ~n any reapect tW le pee-
form. di..charRe, exccute, eftect, complpte, comply ~~~th and aA~~ie by this covensnt~ or any part hereol. said Hort~-
aRe~ may place and pay for si~ch in~urance or any ~art th~rrni without waiving or at(ecdng any optien, lien~
equity or n~ht under or by ~•irtue ot this mortaaRe, anJ the tull amount of each and every wcl~ payment shaII
be immediately due an4 pa~•able end shalt beer int.rest trom the ~tate therrot untll paid at the nte oi ten per
centum per annum and together with auch lnterest ahall be secured by the 8en of thls mortaaRe.
4. . To pernUt. comrr~t or ~utter no veaate, ~m~airment or detGrlontlon ot aatd pwp~rty o~ any part thereot
6. To pay W and sin~Cutar the co.ts, char~es and expen~ea. Including reuonsWe lawryer'~ fees and co~t ot
sbstracts ot tltle, Incurred o~ pafd at any tfine by eafd MortgaRee becawe and/or In the ~vent ot th~ tallu»
on -the part bt the ~a1d Mort~aRor to duly, promptly a~d Nlly perfor~a, dLCharge, ertecut~, ef[ect. complet*,
comply wlth and abfde by esch and every the attpulatlona, agreements, conditlons ~nd covenanb ot said pro~nU-
wry note. and Ws mortRage, any or elther, and eaid costs, charges and atpesuet. each ~nd every, ~hsU b!nr-
i medtately due and payable, whether or not tl~ere De not~ce, demand ~ttempt to collect or aWt pending• and t!N
ND amount ot euh and every such payment shsll bear interest trom tM dat~ Nereot uatil pal4 at the rat~ o[ _
teA per c•ntum per a~um• and all ~?1d cosb, chargei ~t~ e~pan~w w ~ncure~ed oe pa14, topthar w1tL wcb W
t~rut, ~luW b~ ~ecurcd br tl~~ Uen ot W~ mostBaae• .
~ a°oo~ 2~ P~ 873