The URL can be used to link to this page

Home My WebLink About0158 , aa,vw.~v Stuart, Fioncia, ' ~ . ~r Fo~ value ~eteived, I, we, or either of us jointly and severally promise to pay in lawful money of the United States of = America to the order of FIRST NATIONAL BANK AND TRUST COMPANY OF STUART at its office in this city the principal sum ot____"---------•--------FIFTEEN TNOUSANO AND NO/100--------------•------------- Dollars royerher with interet/ from dat~ ~t tiw ?~q of 1~ p~r c~ntum pa annum on th~ unpaid bal~nt~ ~ntil p~id, iaid p~incipal +nd inte~est to b~ payabl~ u ro~bw:: ~~ha ~~~.~~m.~h or One__Hundred. S1xt~r-0ne and__ 19/100. cs 161._19 ~,,,....t, o„ . ------~--_..---..-.June_-.....-~----.._ ~ .-9..--- 17 Ctl day of each month bpinninp oo tM ..1.7 th. day of - and continuinq on the 17~t1 _ day of each and ~very mon~h th~reaft~~ until th~ .._--l~ttl.. d~y of 19 Q4 , on which said date the entire b+lanw of pri~cipal and interest thtn unpaid shall becom~ dw +nd pay~bk. Esch payment is to b~ applied first ro interest ~nd the bal~ncs ro printip~l. In case ssid insbllmenfs, or any of them, ue not paid within 15 days ~fter the sam~ bscome due, the whole of said principal ~nd inferest turt~ shall ionhwith bccome dus and pay+bk at ths optwn of the holder of this nots. We. the maken, suret~es. endorsen and gwranton of thb noa, hereby sevcrally w~ive praentmem for payment, notice of non-payment, protest and notice of protest, and diligence of brinying s~it ap~inft ~ny puty thareto, +nd cw~aent tMt tim~ of payment may be extended witFaut notiw tMrwf to any of the sweties of thw nots. Now, ihould 8 be necessary to collect this note tivough sn attwney, each of ~n, whethe~ msker, surety or endaser on this no~e, hereby agroe ro psy all eosh of taid aolbction, includi~g a reasonsWe attornsy i fet. Sak! ba~k is hercby expreuly authwized to mtain a~y gene~al a specisl daposit, cdlater~l, real w personsl security, w the proceeds thenof, belonp- ing fo either of us, now or hereafter i~ tFa posseuion of it dwiny the time this ~wte rem~ins unpaid, snd beforo p after rrwwriry hereof rrNy ~pply fh~ same to this or any other debt or Ii~biliY~es of eNhsr of us to said bsnk, dw w to become due. G~ven under ths hand u~d seal of each party. P 0 /s/ Frank A. Small ~~a~~ Frank A. Saall No pUe /s/ Christine H. Small ~~a~~ rs ne . r«~+, too and shall duly, promptly and fully pcrform~ dhchar~t. exetute. effect, complete, comply with and abide by each and every the stipulations, agrcements. conditions and covenants of said protaistory+notr and of this mortRage, then this mortgagc and the cstate herrby crcatcd shal! cease and tx null and void. lt is understood that each of the ~vords. "notc," "mortgaRor" and "mortgaRce" respcctively and the pronouns referring thereto, whether in the singular or plural anywhcre in this mortRage~ shall be singular if onc only and shall be plural jointly and severally. i[ more than one, and shal! bc masculinc~ feminine and/or nrutcr. wherever the context so implies or admits. And said Alortgagor for himseli and his hrirs. legal ~epresentatives~ succcssors and assiRns~ hcreby covenants and agrces to and with said \lortgagee. his legal rcprescntatives. successors and assigns: l. To pay all and singular thc principal and interest and the various and sundry sums uf moncy payable by virtue of said promissory notc, and this mortgagc, c~ch and rvcry, ~uumE~tty on thc da~•s respectivcl~~ the samr scverally bccome duc. 2. To pay al( and singular thc taxcs~ asscssmrnts. Icvics. (iabilitics, obliqations and incumbrances of every nature and kind now on said dcscribed property. and/or that hcreaftcr may bc imposcd, suffered. placed~ Icvied or assessed thereupon, and/or that hercaftcr ~nay bc tevicd or assrsscd upon this mort~aqc and/or thr indebtcdness securcd hereby, each and even•, ' when duc and payable according to law~ bcforc thcy brcomc dclinqucnt. and bcforc any intcrest attach~s or any penalty is ' incurred: and in so far as any thereot is uf record the s~me shal! be promptl}~ satisfied and discharged o[ record and the ' original official document (such as. for inst~nce~ the tax receipt or thc satisfaction paper o[ficially endorsed or certified) shall ~ be placed in the hands of said 111ortgagce ~vith~n tcn days next after payment; anei in the event that any thereof is not so i paid. satisfied and discharged~ said Afortgaqee may at any time pay the same or any part therrof without waiving or affecting any option, lien, equita• or right under or by virtue of tnis mo•tgaRe, and the full amount of each and every such paymrnt { shall be immcd"eatcl~~ duc :~nd payablc and shall brar intcrest from thc datc thcrcof until paid at the rate o[ ten per centum ~ per annum and tugether ~vith such interest shall be secured by thc lien of this mortgage. ~ i 3. To placc and continuously kccp on thc buildinRs now or hrrcaftcr siwatc on said IanJ firc and windstorm insurance E in the usuat strndard policy form, in a sum nut less than tl~c hiGi~est insurablr value, in suct~ com~~any or companies as may be ~ rpproved by said ~fortRagee; ~nd all such insurance policics un any of said buildinRs, any interest therein or part thereof, in ~ thc aqgrrRatc sum afuresaid or in cxccss thcrcof~ shall contain thc usu~l standard mortg.q{cc clausc making thc (oss undcr said E ~wlicies, cach and every, payable to said ~IurtRaqce as his in~erest may ap~iear, and cach and every such policy shall be ~ promptl~~ dclivcrcd to and hcld by said \tortgaqcc: and, not Icss than ten days in advance of the expirati~n of cach policy, to dcliver to s:aid ~lortgagce a renctval thereof~ togcther with r rcccipt for thc prcmium of such rcncwal; and there sh:ill bc no ~ such insurance placed on any of said builclings, any interest therrin or par~ thereuf~ unless in the form and tvith thr loss ~ payable as aforesaid: and in the event any sum of money becomes payab:e uneler such policy or policies said 111ortqagee shall have the option to receive and apply the same on account of the indebtedness srcured hereby or to permit said Alortgagor to ~ rcccivc and use it or any part thcreof for othcr purposcs without thcreby waiving or impairing any equity. lien or right under # or by virtue of this mortgage; and in thc event said Afortgagur shall for any reason fail to keep the said premises sn insured, or ~ fail to delivcr promptly any of said policics of insurancc to srid ~lortgagcc~ or f-si! promptly to pay fully any premium therc- ~ for~ or in any respe~~t fail to perform, ~lischarge, rxecute. clfect, complete, comply with and abide by this covenant, or any part hereof, said 4fortgagec may placr and pay for such insurance or any prrt thereof without waiving or affectinq any option, licn, equity or right under or by virtue o( this mortgagc, and thr full amoum of cach and cvery such paymrnt shall be j immcdiatcly due and payable and sh:dl bcar intcrest from thc drtc thrrcof until paid at ~hc ratc ot ten ~er centum per annum and togcthcr with such intcrest shall bc sccurrd by thc licn of this mortgagc. • 4. To permit, commit or suffcr no ~rastc, impainncnt or dcterioration of said propcrty or any part thrreof. 5. 1'o pay all and singular the costs. charges and expenses. including reasonable lawyer's fees and cost abstracts of ~ title. incurred or paid at any time by said Atortgagce because and/or in the event of the failure on the part of the said ~ ~tortgagor to duly~ promptly and fully perform~ discharge~ execute, c(fect, complete. comply with and abide by each and ~ every the stipulatiuns. aqreements, conditions and covenants of said promissory note~ and this mortgage. any or either~ and ; said costs, charges and expenses, each and every, shall be immediately due and payable. whether or not there be notice, ~ demand, attempt to collect or suit pending; and the tull amo~nt of ~ach and every such payment shall beae interest from the ; date thereof until paid at the rate oF ten per centum per anmim; and all said costs, charges and expenses so incurred or paid. . together with such interest, shall be secured by the lien of this nortgage. e~?~~ BL~L! +AGt ~ i ~ = ' : - _ ~ - " ~,j.~.t _ ~ _ _ _ _.;:`mr%=.:;