HomeMy WebLinkAbout0433 ' ~+~iti~}~}~k+: ~~h~:•~~}+YO?P~Wti-fi3•'•~'~}titi :•-0rY~Y'?~~?titi-}s'ai~s8~~?v
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,ti STUART, Flor~ds, _
i FOR VA RECEIVE ih~e
Knders~a~p~~ io~miv a~-+ ~evP•aity, PROMiSE TO PAY ro rhe o?der of
'
i _
. - -
~ _ _ - DOIIARS,
at Jetlsen Beach, loX~a _ o~ su ther place ss the hold~r
i, hereoi may designate in writ~ tagether w,th interest from date at the rate of 10 per centum pei •nnum on tF?~
j, unpaid balance until matu~~ty. Th id prinupal and interest sna~l be due and le
r
y~ In 60 (sixt )
,t y equal thly installr,~nt $ (Dollars)
` includim~ interest. -
x
The lst payment shall be due (llate)
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This note may be pre at any tim~e wi ut penalty.
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S. N 9e/s.,lr t~ ^~ie~ /o. y Q a~y~ ,r o~r~~~e~~ of anv :r~hllm~nt o{ p~-~c~.o~t e~ .n~~. o. •n~ p~rr •ner~o/. «~04 •:.n+ N~M n~.+a.n,ny
_.:~pa~d w.~ti .~evesr ar Fc~dt•~s cF~.on he:e o~e e~o p~v~b~~ v..~~oat no:~u i~?..~~ To e.~ras~ t. oo'~an ?ti+'; no~ e • wn,.a o( ~h~ r, h~
•t• = eae.c-N th~ f~~^e ~ 11~1 t.~M o{ ~~.~'~ae4-en 1~::v aner ~nN..,~y boM DnnUp~l •nC r,c•.ea ,~~re~t~~ ~~.•el r,~rae~r M~ c~nt~m Q
~ pM •nnu~n
nr~~ p~~d. i~e mnerl Md erdo.tery a/ o•~ f,.r~..r. ny„r~ d~,nard. rte~.c~ o{ non~p~Yrne~+t •nd p.are~L Ii ~f~.~ ~f ror p~~ ~f e..~r~r.~r ~nQ M~ u~ ~t
.j~ ui~cM wnA ~n •norn~y ta cW~~enon. M k~n ~nd endur~~~s n~~tof ~prq ro o~v a~l cw•~ o~ co; ~cr.on. .o:iud~np N ..re cwn ~nd r~~tor~b?~ •nom~v t~~~
y if O~y QCYT.Mf ~c pc~d mnre two~ do~s ~tfer ~,t +~en aAa,~~~n r~ su~~ oo~:++e~• me n+ate• aho'~ pe~ a IATI RGE of Soo ~M payrt+~nf d~.~
y SS.00. Mh~crc.er ~i !lSS. Th~ ow~s~nn ~ho~' n~:t Dt consh,.ea r~ .nnd~fy ene ~eta..~~ p,ov~x~:ns ne~e~~ or riie enralSt h~r Q~fOU1t
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snd ~hall duly, promptly and tuily p~rform, d~srharRe, ex~~u!~, r:fr~~t COR~(~iri~. ~oRiQ1y with and abide by tacA
and e~~erv the stipu:a;ions, agre~~m~•nts, cond~t~u~u Tnd i o~•crtants ~d v:i;d R~rum:s~~~ry note and of itus mortgap.
then thu mortRage and tt:r estate hereby createQ sAsll cease and De aut! anu .o:d.
lt ~s understooQ that each of the wor~q. "notr." "mortRagor" nnd "mnrt~;wRee" reepectively anA the pron-
ouna refernng thereto, whether in the sinRular or plural anywher~ m thl~ mu.gage, ~hall bc aingular ft one oNy
and shall be plurwl jointty end sevrraity, ~t mure than one, and ~ha11 t~ ~n,i.vcybne, tem~nine and~or neutes. whet-
eve~ the context eo impi?es or admiL~.
Md uid Mortgagor tor hlm~elf and !ue he:ro, Ic~al rPprcsentaU~e~, su~•ceawrs and issig~t~, hereby coveA-
ants eno agrees to and w~th ~aid I?tortgagee, his leqal repre+entativrs, surcPSSOra and as~~~r?s:
1. To pay ~Jl end a~nRutar the pr~nc~pal and intereit and the vanou~ ~:d sundry aum~ o[ tnoney pay~bl~ a~
vlrtue of aaid promeasory note, and ttua mortgage, ench and ev~ry, pr, mp!ly on _ the deya resp~ctively tA• sam~
severally become due.
2. To pay all and ainRutar the taxe~, ~a9es~mcnts, le~:~~i~:aDiLt~es, obt~Fetioa~ and incumbnnces ot every
nature and kmd now on sa~d descrrDrJ pru, ~rty, and Rr that hrrralc~•r may be ~mpo~~d, suffered, placed, lev~ed
ot astessed thertupon, and or thaL hereafter Ri:~c b.~ 1~•~~.ed nr a;:~~•aved upnn th~s mortqaKe and!or the ~Rdebted-
ness secured here~y, eaeh and e~er~, u•Re~ diu ar.ci payabie a~~t~nnis~~ t~ Iaw, L~efore they btCOma delmquetlt,
and brtore any inlrresi :1SI.ICFIPS or am• prn3i.y un..•~1, an~f ~n +o far as xr.p thereot ~s ot record :he sam~
shall be promptly sat~sfied and dtschar~rd o! rPrnrd and thr c~nRir~at o[t~cixl ~iocument tsuch u, tor itt~tanet,
;he tsa rece~pt er the satis(act:on ;•a:*rr o:'ti~~;al~y en-inrv~~r~ or icrtifiPd~ ~h~ll br placed tn tht hands of tud
~lortRagee K~thm ten days ncxt after rsymcnt; and ~n the e~•Pnt thd; 3ny thereot ts not so paid, astist~ed and
discharged, said DtortRa~ee map at nny t~m~ pa~• the s;~m~ nr an~ part tRer~nf u•ithnut wai~~tng or atfecL~ns
any opUAn, liPn, equ~ty or nRht un~i~r ~r A~• ~:r;ur o( th~s m~ri~;aR~•, ar~d the fu4 nmount of each and every
auch payment shail be imm~d~atPiy ~lue an~i rayabic .tnd shili bear ~ntcr. s; from the date thertof unUl pafd
at the rate uf ten per c~•niurn ~er ar.aum and t•~~e~hrr u;ih su~h mtereit ~hail be aecured by the lien of thi~
mortgage. _
3. To place and continunusly k~~p on thr hu.ld~n~;s n~~w or hereaft~r eltuste on ~xid land fire and wintl.ttotm
fnsurance ~n the »~ual StandarA p,I~r~• fr.r~, m a sum nnt lesa than epacified by Fbrida LAiJ. In suc~ com-
pany or eomP-:~~~~s as may br np, r~~~r.i hy ~i,,! 11~~r„~i_-, e, an 1 att 911C11 insnrancr pnficies on sny ot suid build-
ing~, any int~reat therein or part therenf. ~n th~ n;:cr<•c.3tP sum $fOrPv37d or in exre~s Lhereof, ~haU contain th~
usua) standard mnrt~aR~P ~laus~ mak+nR ihr 1.•~c u- ~:.~r v•t~d poltrtrs, tat'h ar.d e~•ery, payable to aa3d Rlortg~-
gee as h~s ~nterest ma}• app~ar, an~t ~•1ch. e:.~l h ~~~:~cy ?h;~ll bc pramptly dPl~a•ered to and held by uiQ
Atort~agee; and, not less than trn r1a~•s in a~f: anr•e the ~xp~rat~~n of ~ach pohcy, to deliver to said MortRaRe~
a renewal thereof. to¢~ther A•~th a rc~~ir~t thP prPmwm r.I an~~h r~n~wwl: ehA th~re ahall be no such inaur-
tnce placed on any ~f ~aid buitd~nKa. any intPrFSt thrr~:n or ~+nrt ther~ot, unlea~ in the form and with ihe loa~
payntle as atoresa~d: and in the e~•Pnt any aum ~f rn~~nPy b~come~ payabl~ under a~~ch pollcy or policiea saiQ
Mort~eRe. shall ha~•e the optinn to re~ei~'P anA zn?~(~• the cr.mr ~n account ot the indebtedness secured rtreby or
to [Mrmit sa~d btort~8fior to rr~pi~•~ ~emi ~:se it ~r Ar.y nnrt thercnf Mr oth~r piirpoua arithout thereby waiving
or impainn~ an~• e~uity, lien or r.cht under ~~r by ~•irtue of LL:a m~rtgaRe: and in the e~~ent seid MortgaKor shall
tor ar.v rpasm tatt tn kP~p the ~a~~1 j+rnntta~'s vn :n~~irrd, nr fail to dellv~t promptly sn~ o[ sard policies o!
insuranc~ tn sa~d Mnrt~aR~e, nr f.vl pmm~tlv t~ f"ilv :ui~• premium theretor, or m Rny reaE?ect fafl to per-
torm. d?cchar~e, exec~iir. ~lf~ct, cOmrtet~. ~nmply ~.~th and ah~~}e Dv th~s rovenant, or any part hereot, said Mortg-
a/ter may place snA pav fnr such ~n4urance or any part thPrPnf w~thnut v?aiv~n~ or nffectiag any option, lirn,
equity or r.Rht nnder ~T hti• r~rtue of this mnrt~sRr, an~; thi~ tull :tmrnint of each and every wch payment shal!
be Immediately dae and pa~•abie rnd aha!! bpBr 1nto~~~t from the ~late ther~of untll paid at the rate ot tm per
centum ~r nnnum and taR~thrt kith .uch fnterest sha11 be eecured by the lien o( thl~ mortga~Ce.
4. To petmlt, comm~t or ~uf(er no ..•a.9te, ~m, a~rm~nt or detertoration of sald property or any patt thereot.
6. To psy al] and sinRular the co.t~, char~c, nnd expPn~es, including ressonable lav?yer'~ fees snd cost o!
abstracte of title, Incurred or pald at sny time by ~aid ~inrt~eRee becauae anA~or ln the svent ol ths fallur~
on the part ot the ~aid MortRaQor to duly, promptlv end [ully perform, dticAarge, execute, effect, complet~,
comply v~~ith and ~bide by each end evPry the ~ttpuiation~, agreements. condiUons anQ covenant~ of eaid promis-
wry note, and this mortRnRe, any or either, and ~xid en~ts, charge~ and expenses, each and every. ~hall M Im-
mediately due and payaDle, whether ~r not ihere be not~ce, demnnd. ~ttempt to collect or sult pending: ~nd th~
full nmount ot each anA every aucA pa>~nent shsll bear ~ntere~t (rom Lhe dat~ thereof unt11 pald at the nte ot
ten pe~ centum per annum: and all sald co~u, charRea and eapen~e~ ~o ~ncurted or p~ld. Wsether wrfth ~uch 1a-
tereat, ~halt D~ iecured by the Iten ot thl• mortgage.
BOGK PAGE ~Z5
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