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Home My WebLink About0531 = 1, 700 .00 Stuan, Flo~ida Ma rth ~20th , ~ ~ 979 For v~lw roceived, i, we, or etther of u= ~ol~tly and severally promiss ro pay in Iswful money of the U~ited Statet oi Am~?ka b tke order of FIRST NATIONAL BANK AND TRUST COMPANY OF STUART at its office i~ this city the princip~l --__•-ONE THOUSAND_ SEVEN HUNDRED AND_ NOIlAO;--------""'--"'-""... pollars ~ sum of ' ~oqe~he. with inl~rKt fro~ daN a1 tM r~b of 1O._. pN pnwrn pN .M+wn on N+• unp.W bal.~c. u~K~ paid. s~id pincipal a+d in?erest ro bs payabl~ p ?i~i~*,,-Six a~d 22/2~ ~oi2ars _ K 3~.2~ . . ~ ~ ~ rouo,~n: aanN,ly tenr•Ilmenb of . _ . af ~ ~~n ~ a» 2 o c h.... . d.,, ot . . Apri_~....... _ , w 79~... ` ~ •nd con~invaq o~ tM d~y oi ~ad~ w+d ~vwy nan~h tMnahN unNl ~hr .~.QC.~1........ d~y of ....~1'~Cf1-•-• • r ' 9 on which ~aid d~M N» ~ntin b~tsno~ of p?indp+l and in~es~ 11~ uap+~d shall beconr dix aod pay~ble. Each p~yrne~+ is io b~ pplNd 1~~~~ a~nte.yt aed ~M balaece w p~inclp~l. ~ ~ , ~ In case i~id k?stdlmeMS. a~ny of th~nS,.~ no~ p~id wtthin 1S d+r airer the i~me become due. the whok o1 said pi~cipat ~nd in?ens~ aww , _ shall fw/hwi~h Mtony du~ ~nd. pay~bb N t(~e oplion of tM hotde~ of tM~ not~. . ! W~. the makas. wntip. ~ndorsNf ~nd ~v~nnMn of thN noN. herebp ~e~w.ally waive p?esentn~+1 fw payrnenf. no~ioe of non-payerM. prohaf ~nd i notKe of prorttt, and dili~nc~ ol b~Mipirq wit palmf ~ny pa~yr tMretq and oon~+t that time of paymenl may ba extend~d withow nolict ~Mtiof b ~ any of tM suntin of N+i~ noM. ~ Now, slw~td h b~ n~cess~ry 1o aolMct this nob thraph an attanh?, wch of us. whe~her nuke~. ~wety a endaae~ on ~his nots. MrebY peM a PM? ~ •II co~y of ~id aoll~cfbn, incWd'rp a naonaW~ ~florn~y'~ ta~. ~ Said bank b Mr~bp ~xp~ly wthoAr~d fo rNain My y~eenl a tp~ci~l depoiit, cdlate.al, r~al a pe.sonal secwNy, a Ih~ poceed~ th~e~o~, bdo~ ; i~g b~itF~er o/ w. ~w~w or Mrea(h? in tlr poa~alon d it dwinq 1M tMr 1ht~ noM ranaim unpaW. ~nd befon o. ~fter n»fwily l~~reof nwy appFy Ih~ i ums eo ~i~is a any oiM~ d~bi a ti~biiiii~s oi ~iti~ of w w said bank. du~ w ro beco~,r dw. G~+sn w+~+ tha hand ~sd sesf a! ascA psrty. / ~ P. O. ~ %.•.n•z? : r~,rLG~' ~1~d,~r'!1.(Sean - Irv~n Newell Wilsan ~ ' ~c ~ _~~Y. No. Je erd SOn ~ and shall duty. pmmptly and fully perform. d'ucharge~ execute. effect. complete, comply with and abide by each aad every the stipulations, atreements; conditions and covenants of uid promissory notr and of this mortgage, then this mortgage and the estate herrby created shall cease and be null and void. It is understood that each of the words. "note," "mortgagor" and "mortgagce" respectivel~ and the pronouns referring thcreto. whether in th~ singular or plural anywher~ in this mortgage. shall be singular if one only and shall be plural jointly = and severaliy, if more than one, and shall be masculine. feminine and/or neuter. wherever the context so implies or admits. ; And said Mortgagor for himself and his hein. Iegal represcntati~es. succeuors and assigns, hereby covenants and agrtes to and with said Mortgagee. his legal representatives, successon and assigns: I. To pay all and singular th~ principal and intcrest and the various and sundry sums o( money payable by virtue of ~ said promissory note, and this mortgagt. each and every. promptly on the days respectivdy the same severally become due. ~ . i 2. To pay all and singulu the taxes. asscssmcnts. levics. liabilitics. obligations and incumbrances of every nature and kind now on said described property, and/or that hereafter may be imposed, suffered, placed, levied or assessed thereupon. s and/or that hereafter may be levied or asseued upon this mortgage andJor the indebtedness ucured hereby~ each and every. when due and payable according to law. before they become delinquent, and before any interest attaches or any penalty is incurred: and in so far as any thereof is of record the same shall be promptly satisfied and discharged of record and the ' original official document (such as, for instance, the tax receipt or the satisfaction paper ofCcially endorsed or certified) shall be placed in thc hands oi said 111ortgagee within ten days next after payment; and in the event that any thereof is not so paid. satisfied and discharged. said 111ortgagee may at any time pay the same or an~• part thereof without waiving or affecting ~ any option, lien~ equity or right under or by virtue of this mortgage~ and the full amount of each and every such payment E shall be immcdiately due and payable and shall bear interest trom the date thereof until paid at the rate of ten per centum ~ per annum and together with such interest shall be ucured by the lien of this mortgage. R ~ 3. To place and continuously keep on the buildings now or hereafter situate on said land fire and windstorm insurance ~ in the usual standard policy form, in a sum not Iess than the highest insurable value, in such company or companies as may be F 3 approved by said Atortgagee: and all such insurance policies on any of said buildings, any interest therein or part thercof, in ~ the aggregate sum aforesaid or in excess thercof~ shall contain the usual standard mortqagee clause making the loss under said ; policies, each and every~ payable to said Afortgagee as his interest may appear, and each and every such policy shall be promptly delivered to and held by said 111ortgagee: and, not less than ten days in advance of the expiration o[ each policy. to ~ dcliver to said 111ortgagce a rcnewal thereof. together with a receipt for the prcmium of such renewal; and there shall be no such insurance placed on any of said buildings. an~ interest therein or part thereof. unless in the form and with the loss payable as aforesaid; and in the e~ent any sum of money becomes payable under such policy or policies said Mortgagee shall ~ have the option to receive and apply the same on account of the indebtedness secured hereby or to permit said btortgagor to ~ rcceive and use it or an~ part thereof for other purposes without thereby waiving or impairing any equity. lien or right under . s or by virtue of this mortgage; and in the event said Mortgagor shall for any reason fail to keep the said pnmiscs so insurcd. o~ ~ fail to deliver promptly any of uid policies of insurance to said Mortgagee, or fail promptly to pay fu0y any prcmium there- for. or in any respect fail to perform. discharae, execute. eEfect, comolete, comply with and abide by this covenant, or any - pan hereof. said Mortgaget may place and pay for such insurance or any part thereof without waiving or affecting any option, lien. rquity or right under or by virtue of this mortgage, and the fuU amount of cach and cvery such payment shall be ~ immediately due and payable and shall bear interest from the date thereof until paid at the rate of ten per centum per annum and together with such interest shall be xcured by the lien of this mortgage. 4. To pcrmit~ commit or su(fer no waste~ impairmcnt or deterioration of said property or any part thrreof. 5. To ~ pay all and singular the costs, charges and expenus, including reasonable lawyer's fees and cost ot abstracts of ~ title, incurred or paid at any time by said Mortgagee because and/or in the cvent of the failure on the part of the said Mortgagor to duly, promptly and fully perform, discharge, execute. effect. complete, comply with and abide by each and ' evcry thrstipulations, agreements. conditions and covenants of said promissory note. and this mortgage, any or either. and ' said costs, charges and expenses, each wd every, shall be immediately due and payable, whether or not there be notice. _ demand. attempt to collect or suit pending: and the full amount of each and every such payment shall btar interest from the ; a date thereof until paid at the rate of ten per centum per annum: and all said costs, charges and expenses so incurred or paid. ~ togethcr with such intertst, shall be secured by the lien of this mortgage. ` b~P,`30~ 5~1 ~ _ ~ F ~a_ . _ . _ : _ ~