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Home My WebLink About0351 1 . ~ 1. ~ ~ ~ : . :~t? Stuan, Florida, ..i,,. ~ i ~ , 19 ~ For valus rowived, 1, we, or either of u: iointty and severolly promise to pay in lawful money of the United States of ~ ~ Ame?iu to ths order of FIRST NATIONAL BANK AND TRUST COMPANY OF STUART at ita offics in this tity the principal \ i •um of ~"O12TY_ FZVB Y'fiOU&Aim_l~11D ~100~-__ _ -~ollar: wO.thM with h+~n.~ f.om d.a at d,. a» ot$ • 5a, oa+~wn p.. .ro+u~, a+ th. unp.id b.~.iw w~n~ p,w. ..Id p.:~cip~l «+d inNmf a b~ p.~r.w. « to~~ow.: ~n monttJy in.td4~wna of ..~cnla....}luri~~~''~:~..fC_~.~Y._t~'~~~f.'.--p---.~Zf~~r`C--.-- (~--.~F3•ltt... M~cMr~no int~at. a+ d+. _ dqr of ~ad~ month bpi~w+inp on th~ ~ d~p of _ _ H_.~- ~nd aontYwk~ on fh~ d~y of ~ad+ ~nd ~wry nanth tMn~hsr until th~ day of ..---._--.Ai"~ 19_.92. , on wNch said daN the Mtin b~l~np of pincipal and inNrut th~ unpaid shall becane dw ~nd p~yabl~. Each paym~nt b b M ~ppli~d fint to int~nat w~d tl~ b~lana to pinci~l. in caw s~kl irotdim~ny, or ~ny of tMm. +n na p+id wi~bin 15 d~ys ~HK tM ~an» b~oa+» dw. Mr whob of ufd p~incipd ~nd tnt~t sum al+dl for~hwith b~car» dw ~nd p+y+bM ~t tln option of th~ hokb+ of ~h4 not~. W~, th~ mdun, suntia. ~ndonen u~d 9u+rsnton of ~hi~ e~ote, Mnby sevc.~ly w~iw pnse~tmem fw paymenr, notiu.of noe~p~yenMt. protnt and noliq of pot~st, and dilip~nc~ of binpinq s~it ~yaiiut ~ny p+rry tlwn% and conient tMt tiem of paym~nt may b~ ~:t~nd~d without notia thMwf to any d th~ sunri~a of thts no». Now. ~hovld it b~ n~ass~ry to ooll~ct thb rwt~ throuyh an ~tta~n~y. ~~ch of us, wMtMr n?~k~r, whty a N+dor~ on this noN, hK~by ap~N to paY NI oab of s~id oolbction. Mcl~rdinp ~ naon~bl~ Won+hr'~ fN. Said b~nk M h~nby ~~essiy ~whort~d 1o nuin any yeaerd a sp~aal d~posit, oollaMral, re~l w personal s~cwiW. or ths proc~ads tMrwf, belonp• inp to ~itMr of ua, now a h~raaitK in th~ poueuion of it d~xieq th~ tim~ thK no» ~e~n+ins unpaid, and befon w aft~r matvrity herwf may ~ppiy th~ sun~ ~o this w~ny WMr d~bt a IiabilitiK of ~itlw~ of us w uid b~nk, du~ w ro becom~ dw. Giwn und~r rh~ hr+d ~nd s~al of ~sch pury. ? ~ ~ - . ~ P. O . . ' . /s/ Clarence E. Burgett ~u~uce . ~ ~ ~S~ I-Ielen F , Burgett No Due _ . . ~ ~ (Sea4 and shall duly. promptly and fully pertorm, discharge, execute, effect, completP, comply w~th and abide bq each and every the stipulation~, agreements, conditions and covenants of ssud promisaory note and of this mortgage. then this mortgage and We eatate hereby created shall cease and be null anu ~•oid. It is understood ihat eac6 ot the v?onls, "note," '•mortgagoY' snd "mortqngee" respectively and the pron- ouna reterring thereto, whether in the singular or plural anywhere in thia mortgage, ahall be ningular ft one only and ~hall be plurat jointly end aeverally, it more than one, and shall be ~na9culine, [eminine and/or neuter. wher- ever the oonteut so impliea or admits. And satd Mortgagor for himselt and his heirs, legal representativea, successors and assfg~. hereby ooven- anta ana agrees to and with eaid Mortgagee. his legal repreaentatives, successors and as9igns: 1. To pay all and stagular the principa! and lntereat and the various and aundry suma of money psyable Dy Wrtue ot said promiasory note. and this mortgage, each and every. promptly on the daya reapec4vely the same eeveraUy become due. 2. To pay all aad singular the taxes, a4ses.sments, leviea, liabilities, obliRations and incumbrances of every ; nature and kind now on ea3d described property, and/or that hereafter may be imposed, avffered, placed~ levied f or aaseased thereupon, aad/or that hereafter may be levieci or assessed upon this mortgaqe and/or the indebted- i ness secured hereby, each and every, when due and psiyabte acrnrding Lo law, betore they become delinquent~ ~ and before any interest attaches or any penxlty is incuned: and in so far as any thereoi ia o[ record the same shall be prompUy satisfied and discharged ot record and the original otticial document (such ss, tor instance. :he tax receipt or the satistaction paper officially en~iorsed or certified ) shall be placed in the hands of said ~ Mortgagee within ten days next after payment; and in the e~ent that any thereof is not so paid, aatiafied and ~ discharged. said Mortgagee may at any time pay the same or any part thereof v?-ithout wai~-ing or affecting any optibn, lien, equity or right under or b~• ~•~rtuP of this mortgage, and the full amount of ~ach and every ~ auch payment shall be immediately due and payable and shall bear interest from the date thereof until paid at the rate oi ten per centurn per annum and t~gether wilh such interest ahall be secured by the lien of this ~ mortgage. S. To place and continuously ke~p on the bui)cfin~s now or hereafter attuate on saId land tin and windstorm lnsurance in the ~aual standard policy form, in a sum not less than i.. 45~.~~ in auch com- pany or comp^nics as may be approved by ca:~l Afort~a~~•e; an~i all such insurance policies on any of said build- ings, any interest therein or part thereof, in the a~~nr~ate aum alorrsaid or in excess thereof, shall contain the usual atan4lard mortRagee clause makinR ihe I~~~s ur.dr~ a3id poticie~, each and every, payable to said Mortga. gee as hie interesi may appear, and each ar.d p~•P:y s~n•h ~licy shall be promptly delivered to and held by said 1liortgagee; and, not less than ten days in ad~•anre of the Pxpiration o! each policy, to deliver to snid Mortga~:ee a renewal thereof, toRether v?ith a receipt f~r thP prrmium ~f au~h r~newal: and there ahall be no such insur- artce placed on any of said buildinRs, any interest therein or patt thercof, unles' in the form and wfth the loaa payable as atoresaid; and in the e~•ent any aum of money becomea payable nnder siich pollcy or policiea said MortRagee shall have the opti~~n to recei~e and Apply the game on account ot the indebtedneas aecured hereby or to permft said MortRa~or to recelve and use it or any pnrt thereot for other purnoaq arithout thereby waivfng or impairing any equity, lien or r.Rht under or by virtue of this mortgage: and in the event said Mortgagor ahall for any reaso~ tail to keep the said premises so incur~d, or fail to dellver prort?~Uy any of said policies ot ~ in~urance to said rtortgaRee, or fail prompUy to pay tnlly any premium therefor, or in any reapect fall lo per- ~ fotm, diacharge, execute, eftect, complete, comply ~cith and abide by thia covenant, or any part hereof, asid Mortg- ~ sgee may place and pay tor such insurance or anp part thereot withnut waiving or attecting any option, lien, equity or right under or by virtue of this mort~age, and the fuU amount of each and every auch payment ahalt ~ be immediately due and pa}able and ahall bear intPrest from the date thereot unttl paid at the rate ot ten per centum per annum nnd together with such tnterest ~hall be eecured by the lien of Ws mortgage. ~ To perrN~ commit or ~ufter no v?a~te, impairment or deterioratlon of ~atd property or any part thereof. 6. To psy all and singular the co~t~, char~es and expenses, including reasonable lawyer's tees and cq~t o! abstracts of title, tncurred or pald at any tlme by aaid Martgagee because andior 1n the event ot the fallure on the part ot the said MortgaRor to duly, prompUy and tully perform. dlscharge, ezecute, effect, complete. rnmply arlth and abide by each and evprq the sttpulations, agreementa, condiqona and covenants ot eaid promis- wry note, and thls mortgal;e, any or elther, and u?id costs, charges and ezpenses, each and every, shsll be Im- medlately due and payable. whether or not there be notice, demand, attampt to colkct or sWt pending: and the h~ll amount ot each and every such payment ahall bear interest trom the date Lhereo! untll pafd at the rate ot ten per centum per annum• and alt sald costa, chnrqes snd e:pense~ w lncurred or paid. Wgether wlth auch fn- terest, ~hW bs eecured by the lfen ot thls mortgage. 68~ G6~ ~E