HomeMy WebLinkAbout0623 : 8 500.~~ .
. Stuart, Florid~, ~ 9
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fvr v~lw r~qiy~rd, 1, w~, a~ith~r of u• jomtly ~nd ~vtnlly promise to pay in I~wful money of the United States of
Am~~iu to tFk o~der of FIRST NATIONAI BANK AN~ TRUST COMPANY OF STUART at iti office in ~his city the principsl
EIt3fl' 'Iti~JUSAIVD SIX liUt~ll)RED AND NO/100 - - - - - - - - • - - - - - - - - - -
sum of - Ooli~rs
~op~~be wilh inN~t from dH~ N d» r~N ol o., pM anwin pM ~nnuw~ en tl» w~Mid bal~na unrtl p~iA. uW p~~r+cip~l ~nd inanal w b~ P+r~b1~ r
~A ~*w M.~.~~T.~n ofSeventy Four and 6A/100 • - - ~74.64 ~ a+
lst lst October 78
INr ol .~tA ~na+~f+ bptenNg on ~M . d~y et _ . _ . . t~-
•nd tontLwlnO a~ th~ lst dalr of ~~cA ~nd ~wry mo~~h dw~~h~~ ue~ti tM ,st d~y of ~tC~Il~r
1o g$ . a? wh~ct? .+w d.» +M «+r~• b•ja~. ~f p~++c~o.~ s++d ~ssss~t sAe~ w~p.id ~h,11 b~con» dw Md pav~bw. E~ch par~+~ h ro b~ ~pptwd
fin~ ~o innraf ~nd tM b~l~nq ro pincip~l. In ca~ ~~id in~t~lln»nts. o~ ~ny of tMn~. ~n ~w P~id with~n IS d~yt ~itN tM ~un~ b~to~ dw. tM wiaM
ol s~fd princlpd ~nd in~t wm ~MII fatAwi~A E~con» dw ~nd p~Y+bM Me ootion o( rM Iw~d~r of ~Aa non.
W~. tM enak~n, ~w~tiN, endaNn ~nd pwr~nton oi ~I~i~ no». h~e~by s~w~~lly w~~w p«s~ntm~~r fa p~r~r, notie~ oi no~-p~ynwn~. proN~t ~nd '
notia o1 prm~s~. ~nd d~lp~na of brlnOinp avit p~imt ~nY P+«Y tM~to. ~nd conNm ~M~ of p.rT•~?e ma~ b. ~annd~d w~~hout rat~c~ ~M~eof ro
«~r of ~!r .uht»a d +1~ ne». ~ ,
i
Now. should n b~ ~+~1? ro odl~a ~Ai~ ~oa rhrwph .e .~torn.y. ~ach oi w. MrMrM~ n»t~.. sw~M w e~do.Nr on ~h~s no~~, t+a~b~r prN w p~y
dl cean of NW coll~ction, fncludlnp ~ naon~bb ~nw'~ fN. '
;
Said bMk M 1w~bY ~~u~uh w~?iz~d 1o rN~in ~ryr y~n~al o~ apKN~ d~Pa~~, eotlNaal, ~~1 er pe.wnal s~cu.irv. a tM prockds tl+a~o(, b~lonp-
~np a ~i~her of w, now or Mr••hK in tM pou~u~on of i~ dwinq rM ~~n» +ha ~wN ftT~iM unpNd. ~nd btfw~ a~ht? matwity haeof may ~pply tM
.anr a tha or ~nY otMr d~W a' ~'~b'~'N~ of ~'the. of us ro a~id b~nk, dw w ro b~co~ du~. G~wn „nd~r the h~nd ~nd w~1 of e~ch p~rty.
/s/ Walter ~B. Rogers, Jr.
P. O Seal)
a ter . gars, r.
/s/ Beverly W. Rogers
~ Due ~
~~shal! duly~ promptly and tull~• perform, discharg~~ exrcute, effect, complete, comply with and abide by each and every
the stipulations, agrecments, conditions and covenants ot said promissory notr and ot this mortqage, thrn this mortgage and
thc rstatr herrby created shall cease and be null and void.
It is understood that each of the ~~•ords, "note." "mortga~or" and "mortgaRer" respectiv~ly and the pronouns reterring
thereto, whcthcr in the singular or plural anywhere in this mortRage, shall be singular if one only and shall be plura) jointly
and se~erally, if more than one, and shall be masculine, feminine and/or neuter. wher~ver the context so implies or admits.
And said llfortgagor for himself aitd his heirs. Icgal rcpresentatives. succeuors and assiqns. hereby covenants and agrces
to and with said I?fortgagce, his legal representatives, successon and assigns:
I_ To pa}• all and singular the principal and int~rest and the various and sundr}• sums uf moncy payablc by virtu~ of
~id promissory note, and this mortgaqe, cach and e~•ery, promptly on the days respccti~•ely the same severally become due,
2. To pay all and singular the taxes~ assessments, lcvies, liabilitics. obligations and incumbrances of every ~ature and
kind no~v on said described property~ end/or that hercafler may bc imposcd, suffercd, placed~ levicd or assessed thereupon~
and/or that hercaftcr may be Itvied or assessed upon this mortgage and/or the indebtednas secured hereb}•~ tach and every~
when duc and payable according to law, before thet~ become dclinquent, and before any interest attaches or any penalty is
incurred: and in w far as any thereof is of record the same shall be promptly satisfied and discharged of record and the
uriginal official document (such as, for instance, the tax rcceipt or the satisfaction paper ofticially endorsed or certified) shall
be placcd in the hands of said l~fortgagec within tcn days next aRer paymcnt: and in the evcnt that any thereof is not so
paid. satisCed and dischargrd. said Afortgagee may at any time pay the same or an~~ part thereo~ without waiving or afEecting
any option, lien~ equity or right under or by ~~irtue of this mortgage, and the [ull amount of each and every such payment
shall be immediately duc and payable and shall b~ar intcrest from thc date thereof until paid at the rate of ten pcr centum
per annum and together with such interest shall be secured by the lien of this mortRage.
3. To place and continuousl~• kerp on the buildings now or hereafter situate on said Isnd fire end a•indstorm insurance
in the usual standard poticy form. in a sum not Iess thart the highest insurable value, in such company or companies as may be
' appr~~ved by said ,linrtgagee: and all such insurance policies on an•j of said buildings, an~~ interest there~o or part thercof, in
thc aqgrcRatc sum aforesaid or in cxccss thcreo[~ shall contain thc usual standard mortg.~cc clausc making thc loss under said
Fwlicies, each :~nd e~~en•, payablc to ssid Aiortgagcr as his interest may appear, rnd csch and every~ such poliry shall bc
promptiy dclivered to and held by said :1lortgagce; and, not lcss than ten days in advence of the expiration of each policy. to
d~liver to saicl ~tortgagce a renewal thereof~ togethcr with a ecceipt for the premium of such renewal; and there shall be no
such insurance placed on any of said buildings, an}~ interest thercin or part thereof~ unless in the form and with the toss
payable as aforesaid: and in the event any sum o( money becomes pa~•able under sach policy or policies said Mortga}~ee shall
have the option to receivc and apply the same on account of the indebtedness secured hereby or to permit said ~tortgagor to
reccive and usc it or any part thcreof fo~ other purposcs without thereby waiving or impairing any equity~ lien or right under
~~r by virtue of this mortgagc; and in the evtnt said Mortgagor shall for any reason fait to k~ep thc said premises so insured, or
fail to deliver promptly any of said policies of insurance to said Afortgagee, or fail promptly to pay fully any premium there-
for. or in any respect fail to perform, ducharge, execute, effect, complete, comply with and abide by this covenant. or any
pan nercui. snid tiluii~agce ay plase a:.~ Ya~ sssh ins~srancr ~r any ~art thereof without waivinR or af[ecting any
option, lien, equity or riqht undtr or by virtue of this mortgage. and the full amount of each and evcry such paymrnt sha!! be
immediatety due and payabtc and shall bcar interest from the date thereof until paid at thc rate of tcn per centum pcr annum
and together with such interest shal) be secured by the lien of this morigage.
4. Tn permit. commit or suffcr no waste. impairment or deterioration o( said property or any part thereof.
To pay af( :uid singulu the costs. charges and expenses~ including reaso~able lawyer's fees and cost of abstracts ot
titfe. incurrcd or paid at any time by said Afortgagee because and/or in the event of the [ailure on the part of the said
btortgagor to duly~ promptly and fully perfor~n, discharge, execute. eifect. complete, comply with and abide by each and
every the stipulations. agrecments, conditions and covenants of said promissory note, and ihis mortgage, any or either. and
said costs. charges and expenxs, each and every. shall be irnmed'utely duG and payable, whether or not there be notice,
demand. attempt to collect or suit pending; and the full arnount of each and every such payment shall bear interest from the
d~te thercof until paid at the rat~ o[ ten per centum per annum: and all said costs, chuges and expenses so incurred or paid.
together with such interest, shall be secured by th~ lien of this mortgage. `
. BOQK~~z7tt PACE -
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