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Home My WebLink About0340 For valw neo~ived, I, we, or eithe? of u jo~ntly snd severally promise ~o pey i~ iawtu~ money ot the u~ited 5tetes ot America to ths order of FIRST NATIONAI BANK AND TRUST COMPANY OF STUART at ita office in this city the principal sum of ~IX.-Z~i01J,^?Ati~-Ah'D A?q~1w--......`.~....r..~..~..~.---~~---~..~~..~..~... ^^Iler: ~op~thN with inferhl froT daN N th~ rtl~ oW~7~. no~wn pK annw++ on tM unp~id bal~na vnNl p~id, s~N! p.~nctp.l ~nd in~tit a b~ p~y~bb M r~~o~,~,,: i~ ~~ia,? ~.~.n~»„a or On~e 8uasis~s~ ht4a~~-~hx~~ ~md $~1Q0- t~...1.+~,3.$~. ~Mwa~ w+t«..~, o~ - d~1r ot ~ad~ ma+th bpiea~np on th~ 8~.Z1 d~y of ....._._~y~~t.._... _ _ . . _ , 19.._.._77 •nd oontirw4~ on tM 8l11 day of ~~ch u+d ~very n+on~h tMnah~r until tM . 8Lh d~y of _~T1ily--.....__...._._.. 19 8~ , Ofl WNCI1 Nid ~b tIN Mti?f ~IqK~ OF pfi~tipil ifld intK~st tben unp~~d ~MII becom~ dw and payabl~. EacA payrn~m is ro b~ +~ppii~d " " . . ~ _ ' ' • . ' • " _ _ " _ ' ~ ! J'""_ _l.__ .l_ ' _ l'____ J-' ~l' '"1'~' _ _ _ _ _ ' _ _ _ - _ _ _ _ _ _ _ ~N\~ W u~~flf~~ M~Y ~~A ~N~w~ ~V riww~~Ni. ~i~ ~.~i1 ~iw ~~~ii~~~~iw. . •.w . ~w j:i:v w....... ~j~ r..~. ~ ~~~~..w r • .w w.w•~ of s~W p~incipal ~nd im~t ~um iMll fonhwi~h b~co~ dw ~nd p+r~bl~ ~~Vttr optan of' ~M holde? of rAis noa. W~. tM m~kxs, twNia, a+donen u~d qva.u+ta~ of this nat~. her~by uver~tly waive p?~sentme~t fw p~yment, notic~ of non-paym~M, proNSt and nofia of poqs~, and d~lip~nc~ of brinpinp suit apairwt anY puty dMnro, and con~~n~ ~hat ~~r~ 01 paym~m miy be exte~deJ w~rhout eat~c~ d+Kwf to .nr d rlr iw~tih of Mt~ non. Now, ~MuW i~ b. nxK~ary ro aolhn ~ha ~,or• dxouyh .a attwn~y, e~ch of w, wM~Mr miker, s~~~ty w e~daitr on this noN, hereby ~prN to pay alt owb of i~W colbction, lncl~dinp a n~son+bl~ anwn~y's tn. S.W b.nk M h...by •:p..s~y awhwi~.d ro r~uin ~ny p~Mrd or sp~ci~l depos~t, collaterd, red or pe.ional s~cu.ity, a the procNds tMreof. b~laq- irq ro~itM. of us, eww a Fw.~~f». in tM pouess~on of ~t durirg tM tim~ this not~ rtmains unpaid. and be(a~ w afnr maturiry he~eof may ~pply tM um. a tlw~ w.ny o~Mr dcbf a liabilni.s o( •i~h.~ of vs ro ~•id bank, du. w ~o becoRw d~. G~vso w~d~r the M~d +~?d seal of each party. P. O 1684 N. N. Hsitt Road /q/ Dov~le~s 8. S~ason (Seal) , Douglae R. Svanson ' No Due ~4~ Jnli~ M. BManson ~ (Seal) Julie N. Svanaon ~ and shall duly. promptly and fully perform. d'uchargc. execute, eFfcct. complete, comply with and abide by each and every the stipulations, agretments. conditions md covenants o( uid promissory note and of this mongage. then this mortgagt and the estate herrby creatcd shall cease and be null and void. It is understood that each of the words. "note." "mortgagor" and "mortgagce" respectively and the pmnouns referring thereto. whether in tht singuiar or plural anywhere in this mortgage. shall bc singular if one only and shall be plural jointly and severally. if more than one, and shall be masculine. feminine and/or neuter. wherever the context so itnplies or admits. And said Mortgagor for himself and his hein, legal representatives, successors and assigns, hereby covenants and agrees to and with said 1Nortgagee. his legal representatives. successon and assigns: - 1. To pay all and singular the principal and interest and the vuious and sundry sums of monry payable by virtue of said promissory note, and this mortgage, each and every. promptly on the days respectively the same severally become due. 2. To pay all and singulu the taxes. asscuments. levies, lubilitics, obligations and incumbrances of every natun and kind now on said dcscribed pmperty. and/or that hereafter may be imposed. suffercd. placcd. Itvicd or auessed thereupon, , and/or that hereaftcr may be tevied or usessed upon this mortgage and/or the indebtedness secured hereby, tach and cvery. when due and payable according to law. before they become dclinquent, and before aAy interest attaches or any penalty is incurred; and in so far u any thereof is of record the same shall be promptly satisfied and discharged of record and the I~ original official document (such u, for instance, the tax receipt or the utisfaction paper of~cially endorsed or certified) shall be placed in thr hands of said Mortgagee within ten days next after payment; and in the event that any thereof is not so ; paid~ satisCed and discharged. said bfortgagce may at any time pay the same or any part thercof without waiving or affecting ~ any option, lien. equity or right under or by vinue of this mortgage. and the full amount of each and every,such payment shall be immcdiately due and payable and shall bear intercst from the date thereof untJ paid at the rate of trn per centum per annum and together with such interest shall be secured by the lien of this mortgage. 3. To place and continuously keep on the buildings now or hercafter situate on said land fire and windstorm insurance in the usual standud policy fortn. in a sum not lcss than thc highest insurable value~ in such company or companies as may be ~ approved by said Atortgagee; and all such insurance policies on any of said buildings. any interest therein or part thereoi, in the aggr~gate sum aforesaid or in exccss thereof~ shall contain the usual standud mongagce clause making the loss under said policies. each and every, payable to said 111ortgagee u his interest may appcar. and each and every such policy shall be promptly dclivered to and hefd by said 111ortgagee: and. not less than ten days in advancc of the expiration of each policy, to dcliver to said 1lfortgagee a renewal thereof~ together with~ a receipt for the premium of such renewal: and there shall be no such insurance placed on any of said buildings. any interest therein or part thereof. unless in the form and with the loss payable u aforesaid; and in the event any sum of money becomes payable under such policy or policies said Mortgagee shall have the option to receive and apply the same on account of the indebtedness securcd hereby or to permit uid Mortgagor to receive and use it or any part thereof for other pnrposes without thereby waiving or impairing any equity. lien or right under or by vinue of this mortgage; and in the event said Mortgagor shall for any reason fail to keep the said prcmisrs so insured. or fail to dcliver promptly any of uid policies of insurance to said Mongagec. or fail promptly to pay fully any premium there- for, or in any respect fail to perform, dischuge, e:ecute. effect, complete, comply with and abide by this covenant. or any put hereof. said Mongagee may place and pay for such insurance or any part thereof without waiving or af[ecting any € option, lien. equity or right under or by virtue of this mongage, and the full amount of each and every such payment shall be € immcdiately due and payable and shall beaT interest from the date thereof until paid at thc rate of ten per centum per annum ; and together with such intenst shall be xcured by the lien of this mortgage. § ' ~ 4. To pcrmit, commit or suffer no waste. impairment or deterioration of said property or any part thercof. s ~ 5. Tu pay all and singular_ the costs, chuges and expense~, including reasonable lawyer's fces and cost of abstracts of ~ title. incurred or ptid at any time by said Mortgagte because and/or in the evcnt of the failure on the part of thc said ~ Mortgagor to duly, promptly and fully perform, d'uchuge. execute, effect, complete. comply with and abide by each and every the stipulations, agreements. conditions and covenants of uid promissory note. and this mortgage. any or tither, and ~ uid costs, chuges and expenses, each and every. shall be immediately due and payable. whether or not there be notice. ~ demand, attempt to collect or wit pending; and the full unount of each and every such payment shall bear interest from the date thereof until paid at the ratc of ten per centum per annum; and all said costs, chuges and eapenses so incuned or paid. together with such interest, shall bc secured by the lien of this mortgage. y BOUK z71 PACE 340 ,.~_5s'-~'4ve. _ .~s ~ w..~~ `b_ - r~, ~.~~:;.ar ' v::;