HomeMy WebLinkAbout0535 .
~.42,.Z~.~Q---------- STUART, Florida, - ~711],~ - - 1~._.. - - 19.~._
FOR VAWE RECE~VED, the undersigned, jointly and severally, PROMiSE TO PAY to the ord-er of ~ .
- - . _
---Hw+~as+d-.~.~--s~d--t~-~6--~------------ - ~
Di~-'11i~-'1=i01~~-~-~id~+~d--~-- DOIIARS,
i~ _or such other place as the holder
at _258.-~1-~OO~tSk.--I~tiC1A -l~~i~r--l=1. 33~52 -
hereof may designate in w~iti~g, together with interest from date at the rate of 9.____ per centum pe~ annum on the
~i~ unpaid balance until maturity. The said principal and interesf shall be due and payable ~~l~= -
Ih mon~ly instalment~ o~ $940.24, ~s fisst in~t~slar~t b~nq dus cne montfi irom t2~s da~s
hareo! a~d continulAg ~+sdi mont2i the~saatbmc ustil l~lly pei~d. R~l,s a~n o~! 5940.24 pai,~
~ esdi month ehal.l lis~st b~ cc~sdibd bo inb~s~st a~d t3~ saaainde~c b~ ~s p~indp~l o! this
~ cbligati,an. T!~ no~s may not bs p~p~aird ei~ac in Mho1s cac in pert, Nith aac ~rit~~out
: P~1tY, P~~ ~~Y 1, 19?9. St~~quent bo Jantieury l, 19?9, thit nabs mey bs pa~e- -
~ paid in ~Ls ar in part at a~cy tinr Mil3~otit Pd~~Y P~'~~. 2~oMe~v~r, all inbe~e~st ~?ill
~ be b~y~~+~aagRt cu~r~nt pt~,o~ to ~e p~+epayarnt and p~z+epsymenb alll no~t inte~v~~t ths xegu].ar
~~M?~fe~a days in tM paYn+~nf of ~nY inatallw~~nt o~ pintip~) w inN~tst a ~ny pan tMreof, tM whol~ s~ Nxn rema~mny .
;mpaid w~eh ~mere~t sMll H lalder s op t~on Eecom~ dw ~nd payabb w~Mout eot~q. fa71~r~ ro•¦MC:s~ such oot~on s~a11 not con ~
tut~ ~ wa~ver of tM r~gM ~
ro eaertise tM ume in th! ~wnt ol subsp:unt dtfault. Aher m~tunty boM pinc~pal ~nd ucrwd inta~st sMll be+~ inror~st ~t Y4 per ctn~vm pe. ann~m
} ~~ni pa~d. TM maters w+d ~ndorsNS of tAis note f~nher w~~w dnn+nd, naic~ of non-p~nnent and prwest. If ~h~s no~~ ~s no~ pa~d + matur~ry and ~M same is
placW w~M ~q ~»wn~y fw collecnon, eM m~k~.s u~d N+don~n h~riof ~yrM to p~y dl co~~s of collec~ion. includin9 ~II cour? cosK and reasonabb anwney fees.
if ony po vment is poid mor! thon 10 doys ofte~ due then, in odd~tion fo soid poymenf, the rraka sholl poy o IATE GHARGE of S~ of rhe poyme~f due_
= cr 55.00, wh~cheYer ~s less. Th~s prov~swn shall nof be construed to mod~fy the deloult prov~sans herem q the ~nter~yt due ofter defoult.
.i.
(SEAL)
"'1 -
•z B. DIZIA - _ (SEAL)
.
- ~
:}:r:•v0ti"h.'h.+~'~+~W ,h'~k'wC~+?*h'~vfiti'~•h'~+k'Mb+h~hh~fi~3h ~~'».+fi~
w~:w»:~n~i-~}-h~.+-h+{~s d~.~++? ;w'k'~+}~.5~
and shal! duly. promptly and fully perform, di~charge, ex~cute, ef[ect, complet~, ~omply w~ih and abide by each
and everv the stipulations, agreements, cori~iit?ons and covenants uf stud prum~s~ory note and of this mortgage.
tl~en thie mortgage and tl~e eatate hereby created shall cease and be null anu ~•ad.
It i~ underatood that each ot the words, "note." "mortqagoY' and "mortgagee" respecti~•ely and the pron-
ouns referring thereto, wheiher in the singular or plural anywhere in thla mor[gage, shall be singular ft one only
and ahall be plural jointly and severally, it more than one, and shall be ~na4culine, feminine and/or neuter, wher-
ever the context ao implies or admits.
And aald Mortgagor for hlmaelf and his heirs, legal representati~es, successora and asaign~. hereby coven-
ant~ ana agtees Lo and with said 1?tortgagee, his legal reprrsentatives, successors and as9igns:
1. To pay all and singular the principa! and intereat and the variou9 and s:ndry aums ot money payable Dr
Wrtue ot aaid promissory note, and Uus mortgage, each and every, prompUy on the days re~pectively the sama
eeveraAy become due.
2. To pay all and ~ingular the trucea, assescments, levies, liabilities, obli~ations and incumbrancea of e~erq
nature and kind now on said deacnbed property, and/or that hereatter may be imposed, suttered, placed, le~~ed
or asse9aed theceupon, and/or that hereafter mav be Irvied or assessed upon this mortgaqe and,'or the indebted-
ness secured hereby, each and every, vvhen due and payable accorAing to law, before they become delinquent,
' _ and betore any interest attaches or any penalty ts incurred; and in .so tar a~ any thereot i~ of record the same
~ shall be prumpt3y satisfied and discharged ot record and the onRinal otf~cial document (such a~, lor inatance,
i the tax receipt or the satistaction paper of[icially en~iorsed or certified? ~hall be placed !n the hand~ of said
~ Mortgagee within ten days next atter payment; and in the event that any thereot is not so paid, ~atisfied and
~ dlscharged, said 1?fortgagee may at any lime pay the same or anp part thereM v~•iihout wai~~ing or atfecting
! any optiont lien, equity or right under or b~• ~'triur of thts mortgage, and the full amount ot each and every
! such payment shall be immediately due and E~ay:?bte an~1 shall bear inter~st from the date thereof until paid
~ at the rate ot ten per centum per annum and togeth~•r a~th such interest shall be secured by the lien of this
~ , . mortgage:
~ 3. To place and continuously ke~p on the bu~ldin~s now or hereafter sltuate on said land fire and windstorm
~ inaurance in the uaual standard policy form, in a~~m n~t les9 than s._. .~1 in such com-
~ pany or comp^nies as may be appro~•ed by sas~1 1?tort;;a~.e; an~i nll such insurance policies on any ot said buiid-
iIIg9, any interest therein or part thereof, in the a~~n~}:ate sum aforPaaid or in exce9s thereo[, ~haU contain the
~ usua) standard mort~agee clause makinR the l~,~g ur.~1~r sa~d F±oliriea, each and every, payable to said Atortga-
; gee as hie interest may appear, and each ar.d erery sa~~h pnlicy shall be prompUy delivered to and held by said
`s. biortgagee; and, not less than ten davs in ad~•anre qf the expiration of each policy, to deliver to sxid 1?tort~a~ee
; a renewal thereof, to~ether kith a receipt for thP prPmium nf vn~h r~newal: and there ahall be n~ auch ir.sur-
~ ance placed on any of aaid buildinRs, any interest th~rein or part thereo[. ~nles~ in the form end wtth the loss
payable as aforeaaid: and in the e~•ent any sum of money becomes payable under siich pollcy or policies said
~ MortRagee shal) ha~~e the optiun to recei~e and apply the 4ame on accoi:nt of the indebtedneaa secured hereby or
to permit said MortRaRor to recefvP nnd uce it or any part thereot for other purpo~es without thereby waiWng
` or impairing any equity, lien or riRht under or by virtue of this mortgage: and in the event said Mortgagor ~hall
~ for any reason feil to keep the said premis~s so in~ur~d, or fail to dellver prompUy any ot said policiea oi
lnsurance to sa~d 1?tortgaRee, or fail promptly to pay tnlly any premium therefor. or in any teapect tail lo per•
}t form. diacharge, execute, effect, complete, comFly ?~~th and abide by thia covenent, or eny part hereof, aaid 1?iortg-
~ agee may place and pay for such insurance or any part thereof withrn~t v~aiving or atfectlng any option. lien,
equity or right under or by virtue of thia mort~aRe, and the fuU amount of each and every such payment shall
N be lmmediately due and pa}•able and ahall bear intorest from the date thereof untll paid at the rate of ten per
~ cmtum per annum nnd together with such lnterest ~hall be eecured by the lien ot thl~ mortgaqe.
s 4. To permf~ commit or ~ufter no Nante, tmpairment or detetloration ot aafd property or any part thereof.
~ 6. To pay all and ainRular the .co~ta, charqes end expen~e~, including reasonable lawyer's tees and coat of
abstracta ot tiUe, tncuned or pald at any time by aaid Mortgngee becau~e snd/or in the event ot the fatlure
~ on the part ot the safd MortgaRor to duly, promptly and [ully pertorm, dtacharge, execute, e[fect, complete.
= comply with and abide by each and every the stlpulationa, agreements, conditlons and covenanta of eaid promts-
sory note, nnd thfs mortgage, any or either, and ~+?id costa, chargea and expenees, each and every, shaU be im-
~ medlately due and payable, whether or not there be notice, demand, attempt to collect or sult pending: and Ns
~ full amount ot each and every such payment ahall bear intere~t trom the dats thereof untU pald at the rate ot
~ ten per centum per annum; and all eafd coste, charqe~ aad ezpease~ w tacurred or paf~ together wfth auch in-
terat, ~hall bs secured by the lien of Wi mortgage.
p5 B~oK ~48 P~sF1675
~
(:JD~ ~V1 N:~C_
~ 5~5
~ _ _ _ _
_ ~ ~ ~ ~ ~
- -
~
-~',~-x~.~„~,t- aT~ ..~,,,,r..=, - - "5-~"~'' Z-~r
~ ,