HomeMy WebLinkAbout0426 ~iM?~~}~r~~8J~3'+kW~}~tiv~'h~.ti~ti~hK~ti~Yti~~h~~h'~:-fi•}v~ti~Y~ ~J8~6~?NM~
s STUART, Flor~da, ~
FOR VA RECEIVEU the undersio~P~ ~o~nt{v r~~ ~e~-P~a{ly, PROMlSE TO PAY to the order of
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;s, ~K _
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:s. . _ . . _ . . . . DOIIARS,
i: a~ J~sen ~each, l0~1~3 or su ther place a: the hold~r
hereof may des~gnate in wr~1~ togeti~er w~th interest from date at the ra!e of 10 per centum per •nnum on th~ •
~ unpaid balance until maturity. Th id pr~ncipel and interest shall be due end le
In 60 (sixty) eqi,ial thly installment $ (Dollars)
.j including interest.
The lst payment shall be due (Date)
This note may be pre at any time wi ut penalty.
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~ if ]e4;.~+ 10 aayt ~n pw•^~er qi any md~llm~ne o! p.,~c.o~l o. .nfa o• ~nr D~•r ~herwl. wrfvl• f~~ ~~M •~^~~~^.^p ~
•i .~p~.d w•~ ~ tt~e+~ a~~ ~r ?c~d!• s oCr.on Ae:o A-t D~Wble v`~rRp.1 Dof.~• F~-I.,~e ~O l~~rui~ fo OPhee f~a:~ not C~A~~ • ws~r~r OI ~ht r~q~1
•j e.~•tfe'~~ e~-_^ ~v~*r of ~.~~~~.:en I~.,~e Af~e. Ta•~•.ry boM W~nap~l and aun~a ~~rern~ f~~H r.rer~ti~ N U G~r c~nr„in p~. •rn„T
oa d T~e m.•~•~ a~d ~raonen o{ ore fi.~•~e. r.n~• de.n~nA. nouc~ of ron~0armenr snd orore~t 1~ ,1~~~ e~s noe p~~o ~r ew~rw. ry aod M~ ~~m~ n
a'Kb w~rh ~n a~+on~y Iw col~«~,on, te •kas Md Mdors~.~ 1~~r~of •WN fo P~v atl coir~ of coU~c~:on. nUvd~np N u.t cw» ~nd r~~wn~b1~ a~rornev f~t~
on, povme•~~ ~s [wvd ~nare tho^. auvs oMer due ~he^ ~n odd.~:cn ro w~a pavment, the mo~er shaV poy e IATE RGE of 5°~ of th~ ~ayen~nl duf
i SS J~. +h,cre.e~ n~e~s Th~ ~o~~~u<x+ sM~' n.~~r pe coner.,.eA ro modAy the Cefautt pro~~s~cns he+e~~ or fht mrereft ff~+ Wtoutt.
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snd shall duly, prnmptly and futly p~rtorm, d~vrharRe, exwcutr. ~ttrrt, cumrletr, ~nmply w~th and abide by each
and e~'crv the sUpu:a;ion~, agrecmrnts. cond~t~uns anA ~•o~cnants ~d aaid pr~~m~s~•~ry note and nt Llus mortgap,
then th~s mortKage and the estate hereby created shsl! cease and Ae null an~~ ti~~:d.
lt understond that each o( the woni+. •'not~." "mortRagor" wnd "m~rt~wRee" respectively and ihe pron•
oun~ mternng thereto, whether in the sin~vlsr or piu:ai SO}"1RIlPfP In th~s rnortgage. ~hslt be aingular it one only
and ahalt be plurel jointly and x«ralty, ~t mure thnn one, wnd aA:ili he ~nwvr~Ime, tem~n~ne andror neuter. wher-
e~•er the coniext so ~mphea or admits.
And ~aid Mortgagor tor himael[ and his he~n. IcRal r~presentwu~e~, su~ce.~sor~ an3 ~.sigtu, hereby coven-
ant~ ana agreea to and v?nth said 1?lortgagee, h~s legnl repre~entat~v. s, succrvor~ and a~~6ns:
1. To pay all and ~ingular the pnnc~pal xnd inter~st ~nd the vanou~ and ru~dry ~um~ o[ mortey payabl~ b~
virtue of aaid promissory note. ~nd t}ua mortgage, each and every, promptly on the days resp~ct~vely tD~ sam~
eeverally become due.
2. To pay ali and ~~nRvlar the I:iXr', 84~PbFlRPflLS, IP\'Ia'9. IIAD1IItica, obl~~wtsnn~ nnd incumbrances o[ every '
nature Rnd kmd now na ya:d descnbrd pwiprrty, and nr thal her~a!t~•r may De ~mpoard. eutfered, placed, let~e4
' ot assessed thereun~n, and or that hcrPafter ma.• hr 1~•v.r+l nr ~<~~•c9cd npon th,s mort~aRe and-br the ~ndeDted-
~ ne~s sPCUred hereb~•, earh ar.d erPr}~, u•hFn duP ar:~t {~ayable e~•~Y+r~t~n~ to !aw, M-fore they Decame deGnquent~
i and b.•tore am' interest a:tarhes or anv penalty i. iT:~urn•~1; 3nd ~n aJ f:~r a. Nny thereot ~a ot record the um~
~ shall be promptly sat?sf~ed and ~bs~'har~rd of rec~rd and the on~inal o[t~cial d~cument lauch aa, lor itutance,
~ :h~ tex reee~pt er the satisfart:on pa; rr o:f:cially en•1~r:+•~d or ~ ertlftP~t ~ shwll b~ placed In the hand~ ot sud
i \tortRagee v~~Ch~n ten da~~9 n~xt after rayn:cnt: nnd ~n th~ e~-Pnt thnt any therPOf is not so paid, saUSf~ed and
; d~scharged, said I~tnrtR~~ee may at any t~m• pay the s.?me or eny part th~re~[ w•ith~ut wai~ing _or af(ect~n~
~ any option. Lcn, equity or nRht um1~ r ~r bv ~~ir;uP n[ th~. m~rt~aRr. Fv:d the [oll nmount of each and every
j su~h pa~ment sh~ll bP in~mcd~atPly .Sur emt ~~a~aDlP and shall bear interrst frnm th~ de~te thereot until pa~A
~ at the rate ot ten per c~•nturn per annum and t~~~e~h~r w.th surh interevt ~Aa!! be aecured by the lien of thi~
~ mortgage.
~ 3. To place and contint~ously ke~, on th~ e~:i~i~n,s nnw c;r herraft~r attuate on ~aid land tite and wtndstorm
lnaurance in the u~ual ctar.dtr~! pnhry-!~r^: in a~um nnt Ics~ th+u~ apecified by Fbrida 18W. In auch com-
pany or com1+' s as may M• a,~pr~~~'rd hp ~a;~l !?f~~r±;:ac~ e. aml al1 aurh insuran~-~ ~nhc~ts on anY ot said bui1M
inR~. any intPreat thvreon or {~art th~re~f. ~n thP nrcr.~c:~ir .um aforP?aid or ~n exce~~ thereof, ahall contsin th~
usual sixndard mnrtenqrP ~laucr mak~n~ t?~e l~~~a ur.l~~r s~ud pol~r~PS, ea~h and every, payable to ~a~d Mortga~- _
gee a~ hi9 interest may apprar, an.l ~a~h ar.~l ~~•~:y h p~~t~cy ahall be pmmptly dPL~~ered to and held by ~aid
biort~aRee; and, not less than ten ~1a~•s ~n a~t,anre nf !he PxprraLnn o! pach pnhcy. to dNiyer to swid MortR~R~
a renrwal thereot. to4ether .+•ith a rrce~pt fnr thP pr~m~um nt vurh r~n~ww.l: and th~re shall be no such in~u~-
ance placed on any M~nid buihftnK~. anY ~ntr~~•~t th~re~n or ~Art therrot, unle.~ in the form ~nd wtth the losa
pavable as a[oresa~d: and m the e~-Pnt any sum of m~mey be~romea payabl~ under ~uch pollcy or ~+oliciea sud
Mort~aQe•_ shall here the opti~~n tn r~ce~~•P and a~+ply the cam~ ~n account of the 1ndeDtednrsa secured hereby or
to {+~rni~t ~a:d :11nrtCa~or to ~PPPI~'r nmi it or an~ nwrt ther~of for other pu~(x?~e~ without thereDy wnivtng
or im~a~rin~ an~ rquitv. lien or r~ht undcr nr by ~'irtue of tt:is m~rt~aRe: and in the e~'en[ said MortRaKor shsll
tor nr.~ mns~•a [a,1 tn kPrp the ~a~.i pr~R)~~r~ an ~n~~v~A. nr fail to deltver promptly any ot ~aid policies ot
msurancP tn said ~t~~fL~',1(t~'!. AT f~l prornptly to p.,e fnlly an~• premium theref~r, or ~n any respect fall to per-
~ torm. d~schar~r, excrute. ~ffe~t. complPt~. romply «-~th and nb~.1e by thia ~ovenant, or any part henof, ssid Mortg-
a~Cer may plae~ anrl ~nv for such inaurance or any part thPrPnt w~thnut veaiving or nffectinq any aptinn. 1i~n.
z~' equrty or r.Rht under ~r b< <•~rtue of this mnrt~aRe, ac~f the full amount of each snd every such payment ~haU
~ be Immed~nlely dur anA pa.•able nnd ahelt bPer intPr~ct from the ~tate ther~ot unt11 paid at the nte ot tm per
~ c~ntum E+er annum nn4 tog~thPr v?ith ~uch fnterest ~hall be aecured Dy the lien ot thli mortgsRe.
~ 4. To permlt, commlt or auffer nn ~•b•te, ~mra~rment or deterlontlon ot sald property or any part tAereot.
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6. To pay all and sinRular the co.t~, cher~es end exprnxs, includinR reaaonaDle lewyer~ tees and cost ot t
~ abatract~ ot title. lncurred or paid nt any tfine by ~afd I?tortRsRee because snd~or tn the event ot the fdlttr~
~ on the part o[ the ~aid MortRaRor to duty, promptly snd fully pertorra. Atichsrge, execute, ettect, complet~. j
compiy w~fth •nd ablde by each nnd evPry the ~ttpulatfon~, a~Creements. ~ondiUons and covenanL ot said promli-
~ wry note, and Nia mort~a~e, any or efth~r, and ~nid co~ts, charge~ and experues. each and every. ~h~ll M Im-
~ medietely due end payaDle, whether or not there be not~ce, d~mand, attempt to collect or sult pendin~: and th~
X~', full amount o! each and every auch psyment shell aear lntere~t trom ths dat~ Lhereof untU pald ~t the rate ot
ten per centum per annum: and all anld costa, cAnrRes and expensa~ ~0 lncurnd or pald, to~ether wtth iuc6 tn-
teres~ ~haU bs ~ecvred by the tlen ot Ws mortgaae.
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~ 6~~~282 NA~~ 418
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