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Home My WebLink About0777 , ~ t QAa0.00------- STUART, Florida. ~TtDl~tl'~l. ._-.3~--- 19.~Q._ . ; FOR VAWE RECEIVED the undersigned, jointly and severally, PROMISE TO PAY to the order of - ~ JOI~ A. 1~faTf'--------------------- - - . . - - NN......r..~«.-...M~~r..~--~___ DOLLARS, !1[!__TOO~n~ind_lilda__IDnnd~c~--~'it~,i---~~-- - ~ at _~A__~Z~QD_-~lMQ~IIL~- ~n~--=~it+--QU~~- - or such othe~ place as the holder hereof may desig~:~t~ writing, together with interest from date at the rate of ~Q_._._. per ceMum per annum on the unpaid balance untii maturity. The said principal and interest shall be due and payable ~9 t0~10~lt i ~ Th~r~ •tull b~ ~ad~ ~qual ~onthly installMnte o! =98.7~ ~ati~ ~hiah psyMnt inalud~s intaMt tt tl~ t~at• of 10'~ p~r anntn~. Panente ahall rnn ior s p~riod oi S~ aonth~. Pw~nts ~hail iir~t b~ ar~dit~d to int~r~st and balwn~c~ to prinaipsl. pr~pa~a~nt au?~ b~ aad~ at ~un~tiN 1II 1M~41~ o! pal't ~it~LO~lt p~II~lt~. H!~ pyMMt d1M ON ~OYt~ f~+~i $iti ~'rOZ~ 1f d~hult b~ rnsd~ ia ~ dsYS in eM p~v~t o/ ~nY inst~llm~n~ of p~ndpal a tmm~t o~ ~nr ou~ ~he~eof. +M w1a1~ fUT ~h~n rema~n;nq unpaid v~rth inre.n~ sMll tl holder's oorlon,b~com~ dw ~nd wr•bN wlthout notic~. Fa~hx• ~o •.HCfs~ s~cA opuon ahatl not ~ryyy,te ~ wa~v~~ of the nght ~ •j• ~o ~¦e~ase tM same ~n tM tvMt oi iubap:+M~ dtf~vb. Aha ~n+w~~ty boM pincip~l and ~ccru~d imN~st shall b~ar inreresr at j{~ per cc~rum per annum ;,md p+~d. TM m~kers ~nd endwun o1 this note fwtlw w~~v~ dem~nd. nolit~ of na+-p~yme~.t and pwesr. If ~his nore ~s not pa~d at maturity and tl~e same n •i D~K~d wiM ~n attorn~y for colNcnon. tM m~k~rs w+d endawn Mrwf +9r» to V+y ~11 cosh of coll~aion, incl~dmp ail :ovrt coin and n~sonabt~ ~~rorney lees. I} ony po yrt+enf is twid moro thon 10 doYS ofter due then, in oddition to so~d poyment, the mokcr s~+oll poy o LATE CHARGE of S°o of the poyment due o+ 55.00, wh~chever ~s leu. Thn p~ov~san sholl nof be cw+strutd to rr.od~fy the defo~lt prov~:~uns here~n or ~he ~nterest due otter defouN. ~ S - _ (SEAL) i - ----~ii ; • _ (SEA~) • ~ , - S-i4trti~r-$: --~t------------------ : :-ti w~oro~t~fi~c~.'~?,t~.~'~-:~:w{ : x»:~?»:».kur:~.+,.S•rfi.}{».ti•?++-}-:~-0~40~~ and shall duly, promptly and [ully pertorm, ducharge, executP, e(tect, completr, comply w~th and abide by each and everv the stipulatioas, agrcementa. ~onddiana and covenants of said prum~saory note and of thia mortgage. then this mortgage and the estste hereby created shsU cea4e and be riull ana ~o~d. IL ia underatood that each of the ~~•onls. "note." "mortqagor" and "mortgagee" respectf~~ely and the pron- ouna rzfernng thereto, whether In the afngular or plur~l anywhere In lhla mort~age, ~hall be singular it one oNy and shall be.plural jointly and severally, if more than one, and sh:;ll be ~na.gculine, [eminine and/or neutec, whe~- ever the oontext ao impliea or admits. Md sald Mortgagor for himeelf and his heir~. Iegsl representatives, successoro and assigc?~, hereby rnven- ant~.ana agree~ to and with said btortgagee. his legal reprrsentatives, successors and assigns: ' 1. To pay all and aingular the principat and internat and the various and sundry aums ot money payaDle by ~ virtue of said promissory note, and thi~ mortgage, each and every. prompUy on the days_ re~pectively the aame ~ eeverapy become due. ! 2. To pay all and ~ingule~ the taxea, ~ssessments, levles, liabilities, obli~ations and incumbrances of e~ery ~ nature snd kind now on said de~cribed property, and: or that hereatter may be imposed, avtfered, placed. le~7ed ! or assessed thereupon, and/or that hereafter msy br 1.•vied or ass~~ssed upon this mortga~e andror the indebted- ~ ness sccured hereby, each and e~ery, when due an~i F~ayable according to law, be[ore they become delinquent, i and betore any Interest a[taches or any penulty ~s uicurred; and in so [ar as any thereof is of record the same ~ ahall be promptly satistied and discharged of record and the onRinal ofhcial document lauch as, tor instance, ~ ;he ta~c receiFt or Lhe satisfaction paper officially en~iorard or certi[~ed1 ~hall be placed in the hands ot said t Mortgagee within ten days next atter payment; nnd in the e~•ent that any thereof is not so paid, satisfied and ~ dlscharged, aaid 1?tortgagee may at any lime pay the san?e or any part thereo[ w-iihout wai~ing or attecting any option, lien, equi[y or nght under or b~• ~'~rtur of th~s mort~agc, and the fuU amount of each and every } such payment shalt be immed~ately due an:i payab;e anJ shall bear intcrest from the date thereof until paid ~ at the rate of ten per centurn per annum and t~~~rth~•r v?~th such interest shalt be secured by the lien of this ~ moKgage. ~ 3. To place and continuously keep on the bu,ld~n~;s now or hereafter attuate on said land tire and windstorm AOII@......._.. tn such com- ~ Irfsurance ~n the u.Qual sinndard policy form, in s Qum nnt le.s than E ~ pany or comp^~ies as mey be apprn~•ed by sa~~l rtort~a~~•e: an~1 nll such insunnce policies on any ot said build- ing~, any interest therein or part thereof, in the n~Fr.kate sum aforPaa~d or in exce9s thereof, ahall contain the ~ usual standard mort~agee clause makm~ lhe 1~~~~ ur.d~•r az~d poLcies, each and every, payable to said Aiortga- ~ gee as hia interest may appear, and each ar.d erP:~~ s:,~~h p~ticy shall be promptty delivered to and held by said 1?iortgagee: and, not less than ten days in a~i~•anre nf the Px~iration of each policy, to deliver to satd 11LortRaRee ~ a rene~val thereof. toqether v?ith a receipt fnr thr prrmium nf at~rh rrnewal: Bnd thPre ~hall be no auch insur- ~ ance placed on any of ~id buildinRs, any mtrrest therein or pxrt thereot, unless in the form and wfth the lo~s ~ payable ae atoresaid: and in the e~'ent any sum of money become~ papable under ~nch pollcy or policier said ~ Mort~agee shall have the opti~~n to recei~e and apply the same on account of the indebtednesa secured hereby or to permit said MortRaRor to recei~P 1nd uQe it or any ps?rt thercot for other purpoaes without thereby waiving ~ or impairing any equity, lien or riRht under ~r by ~•irtue of this mortga~e: and in the e~ent sa3d Mortgagor shall ; for any ret~~ fAil io keep the said premi~~s sn inaurcd, or fail to deliver promptly any of aaid policiea of insurance to saed rtortgaRee, or fuil prompUy to p~y f~~lly any premium ther4for, or in any re~pect fatl to per- form, discharRe, eaecute, effect, complete. comply a-ith and abide ~y this covenant, or any part hereof, aeid 1?tortg- sgee may ptace and pav for such inaurance or any part thereof without w•aiving or at[ectinR any opti~n, liPn, ~ equity or right under or by virtue of thie mort~a~;e, and the tull amo~mt ot each and every nuch payment shall R be lmmediately due and pa~•able end shall bear intPrest lrom the date thereot untfl paid at the rate ot ten per ; centum per annum and together with auch Interest shall be aecured by the llen of Ws mortga~e. _ 4. To pern?it, commit or suffer no W aate, ImFairment or detertoration o[ aald property or any pert thereof. ~ K ~ 6. To pay all and aingular the co~ts, charRea and expen~e', including reaaonable lawyer'e lees and cwt ot abatractn ot tiUe, lncurred or paid at any time by .ald Mortgagee becau~e and~or in the event ot the fallure ~ on the part o[ the ssid MortgsRor to duly, promptly and [ully peKorm. Afscharge, eaecute, effect, complete, comply with and sbide by each and every the sttpulations, agreementa, conditlons and oovenanta ot eaid promL~- s wry note, nnd s~~rtkage, any or efther, and ~xid costs, charges and expeneea, each and every. shall be fm- ' medistdy due d payable, whether or not ihere be nottce, dcmnnd, attempt to colleci or ault pendtng: and the ' ~ full amount o each and every auch payment ahall bear interest trom the dats thereot unttl paid at the rate of ; ten per cftlt per annum; and all eald cwte, chdrqes and e~cpease~ w tncurced qs pafd, together wlth such !n- ~ terest, ~hW Ds secured by the lfen ot thf~ mortgage. ~ gooK 281 PA~E 776 ~ . ~ ~ ~ ~ _ _ .s~