HomeMy WebLinkAbout0946 ,
~ _ - • - STUART, Florida. . ,
FOR VA RE~EIV Lh~ ~ndersian.rl iointlv r~~ cevP•ally, PROMISE TO PAY to tht ordt~ of_ .
1 HANK -
t
. - -
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-DOLl/1R5,
et Jensen Be~ach, lor~,1 _or s tMr lac~ as tM-hold~t
~i hereof may ciesignate in w?it~ together with inte~est from date at the rate of 10._ per centum per ~nnum on th~ ~
unpaid balance until maturity. T id p?incipal and inferest shall be due and le ~
~
~ In 60 (sixty) ec~al y installment S (D~llars) ~
~ includinq interest.
The lst ~yment shall be due (Date)
. This note may be pre ' at any tiine wi t penalty. '
1/ del~u~~ ~e ^~ad~ la 10 d~rs wr~vnt ol Nqr .raql4n~M of aMC~M~ a~nn~ a anr P+~~ N~w/. Ny who4 fww ~Mn n~n..y
.s ~npa~d w~r~, .crae+r .•~n ~e Ro1~•'~ opr~on eec ew ana par+pN w~»qvt nw~u. f~~Iv.~ ~o ~w~n~w ~ opr.on ti1y?1 nm eq~~M,y • wuwr of ~M rqM
i ~o f~H~~ft t1K f~Te ~n Hy rvMf 01 ~ubtif0~~ 1~~'f RhN rwatw~h bOIA pinC~Wl iAd KtruM ~nNrMt tA~ll inttrMl p ~L pM. eMewe pN anwnw
j ~n~~~ pa.d. IA~ ina~as ~nd endo.seh o1 ?e, e IwMe. w~:w de/naed. na~n o1 non~Mrnwu +nd aoat~. N ~A:~ is na Wb a w~~h r+d M+~ www is
a~~tW wiM ~n ~no~nrr fa coil~an. ~ tv~ ~d ~ndawr~ Iwwf pr» te O~r ~N caM o1 colt~a~an. ~^u„d~np ~t t tati ~M ~Nw~aON ~nanhr iw~.
~~i a+v pc r~+e.~t n po~d rn~a ~1+0~ dovs after due ~nen. ,n odd,tron to w~d poyment, t?v nqkp sho~~ pay o LATE RGE of S46 of ~h~ poyinMN du~
~ cr SS.00, wl~rchc~er ~s ku. ~~swn shotl nor Dc cansnueA ~o mod~fy th~ detoult p.ov.sans her~r~ w t1+~ w+t~rKf ftK a1ouM.
~ C O P Y SEAL)
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Q'~, and shall duly; promptly and fully pertorm, d~~chartge, execut~, et[ect, complet~, .romply w~th and apide by euA
o~~ and everv the st~pulat~on~. agrecmenta, condd~ons and covenanea ot ~ud prum~s~ory note and ot ttia mortsa~,
~ l~ o~ then this mortgage and the estate hereby created shall ceaae and De null ana rad.
~ C. o t~ It undeatood that each ot tt?e words. "note," "mortgagoY' and "menRsgee" re~pectively and tbe proa. ~
~ ~ p Q~: ouns reternng thereto, whether fn ihe ~tnqular or plurnl anywhere in thla mortgage, ~h~lt be nn~ular It one oNy
~ U._( end shall De plurel jointly and sever~Qy, if more than one. ~nd ~hatl be m,~sculine, tem~nine and/or aeutee. wM[~
~ _ p~ ever the eoniext so implies or admlts.
~ a ~
~ Md utd l~tortgagor tor Itjmsel[ and hi~ heirs, legal representatices, aucces~ors and assi~us, benpr epvea•
_ ants ana aarees to and with iafd Mortgagee, his legwl representatlvca, successors nnd aastans:
~ 1• To pay a1! and aingular the pNncipa! and Intereat and the`varioui ~r?d aundry ium~ ot moMy p~psbb b~ ~
~ ~ vlrtue of aaid promisaory note, and thia mortgage. euh and every, pmmptly on the daya rssp~ctively tb~ wa
aeverally Decom~e due.
2. To pay all and ~ingulsr the twcea, as~essments, lev~es, IisbtGtiea, obl~~ation~ and incumbrancq ot ~ver:
I nature and kind now on said deacnDrd pro{?prty, and'or that hereafter msy be impwrd. ~utfered, placed, ]evieA
j or assesaed thereupon, and.or that hercafter mxv be Irv~ed er aa~rsted upon this mortgaRe anA/or Ne indebted-
ness securM hereby, each and e~~er}•, w•hen due and pTyable ac~rrd~n~ to law, before they becom~ deliuqolent,
! and brtore any intere~t attaches or any penulty ?.v nicurrrd; xnd ~n w tar aa eny thereot ii ot ncord the asaM
~ shsll be promptly sa4sfied and d~schar~ed of rccord and the onRinal otf~cist document (iuch a~, lor-in~tanq.
ihe-Lax nceipt er the satiafaction paper of(icially en~irtrxd or ~ett1[~~di ~hwll be placed in the hands ol ~aid
Mortgagee v~~thin len dxya nczt ~fter paymcnt; and in the event that any thereo[ is not so paid, sati~fiM anA
' discharged, said Mortgagee may at any Um~ pay the same or any part theren[ wtithout waiving or a[tectint
i any opUOn, lien, equity or r~Rht undPr or b~ ~•irtuP o[ th~s mnrt~age, anA the Atlt amount ot each.and every
~ such payment aAall be ~mmediatrly due an4 ~ayable ~nd shall bear inteerst [rom tbe date thereof until pald
I at the . nte of ten pe~ cFnturn per annum and to~eth~r v?nth surh interest ahall be secured by the Iten ot thi~ ;
mortga6e. _ i
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a. To place and cont~nuously ke~p on the bu~ldin~s now or hereafttr sttuate on said land flre at~d wlnditorm !
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nautance tn the usual atandard pnli~y f~rm, in a~um n~t le.c~ than ~d !'1da laii.._., 1n ~uch coea. - -
pany or camp^ai~s as m~y bc approeed by Qa~~l ~fnrt~a~~•e; an~i ap 911f~1 insurance ~licita on anr of sald buiid-
~ ing~, any int~rest therein orrart thereef, in the n~~r~•Fa~e ~um aforraaid or tn excess thercot shall contain t1N
usual standard m~rt~sge~ clau.ce mak~nR the 1.~~~ ucd~r a~~~d poilcien, tach and every. psyable to uid ~lortsa-
4 gee as hia interest may appear, anA each ar.d P~•P;y s:~~•h ~x~l~cy .hall be promptly d~livered to and held by aaid
~ lllort~agee• and, not less than ten davs in ad~•anre of the ~xpirntt~n at each policy, to deUver to swld Mort~aRe~
t renr~val ~thereof, toRether vrith a rece~pt f~r th~ prrmium ~f ~t~rh r~newal; and th~re shaJl bc no such lnsur-
' ance placed on any of ~aid buildinR~, any intereat therein or pwrt theroo[. unle.v in the Lorm and vvlth the !oq `
~ payable as atoreseld: nnA in the e~•~nt any aum of mr?ney becomes paysblt under s~uh pollcy ot pollcies uiA ~
MorteaRee ahall ha~e the optinn to receive and app1Y the samP ~n account ot the Indebtedness aeci~red hereby or
~ to T+rrmit ~aid Mort~Ca~ar to r~ref~•P nnd u~e it nr any pert ther~t tcfr oNer pur~wses writhout thereby waivtns
or impairin~ any eqoitv, lien or n~ht under nr by ~irtue of thi~ mortga~e: and In the e~ent satd Mortgagor thaII
! for any rras~a [a~l to kp~p thr sairt prpmisrg ~n in~~~rrA, or fail to dellver prompqy any ot uid policid oi
Iru~oranc~ to sa~d 111ortRa~ce. or fail pmmptly to p~~ (ully any premium thereter. or ~n any respect Wl te per- •
torm, d~scharRe, execu,e, effect, complPte, comply «~th end abide by this covenant, or any part heceot. uid Mortg-
aRe~ may place and pay for such in.urance or anv part thrr~nf withnut wafving or a[tectlnR any option, lien,
equity or nRfit under ~r by ~•irtue ot thi~ mortRaRe. an~ th~ full amoi~nt ol each and every such payment shall
be lmmediately due and pa~~able and ~hall bear snt'rest trom the dete therrof untq paid at ths este ot ten pes
centum per annum and together vrith auch Interest sha11 be secured Dy the Uen ol thi~ mort~e,
4. To permlt, commit nr sufter no aa~te, ~mpairment or deterlontlon ot sald propertr or sny part t?~ereo~l.
6. To pay W and sinRula~ the co+t~, char~ea and exprn~ea, Includ~ng rc~onaDle iswye~~. fees and cost ot
~bstracts ot title, incurred or pafd at any time by sald MortgsRee becsu~e and/or 1n Ne ~rent o[ th~ tallur~
on the part o[ the said MortgaRor to duly, promptly and tWly pertorro. dl~eharge, e~[ecuts, eKec~ cqmplet~
comply wft1~ and abide by each and every tt~e aitpulations, agreemenU, conditlons and cove~ant~ ot satd promL-
; aory note. and thls mort~e. any or elthe~, arid ~id co~ta, chargd and a~pen~es. each and e~ery. ~bsll b~ Im-
; mediately due and payablt. whether or not the~ be notice. demand. attempt to colkct or aWt pending: and tla
~ !WI amouet of eacA and every such payment ahatl bear tntere~t tronf tM dat~ t~raof uaW patd ~t tAe r~te at -
i ten per centum pe~ annum• and all uld cosb, chargea aaA apenw ~o Ineurtrd ot paid. toptMr wftU wcb fa-
teraf, shaU b~ ~ecureA by th~ llen oi thfi mortgs~e.
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