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Stuart, Florida, June 9, 1979 19 79
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Fo~ vslu~ roceived, I, we, or either of us jointly and severally promise to pny in lawful money of the United States of '
Ame~ica to the orde~ of FIRST NATIONAL BANK AND TRUST COMPANY OF STUART at ita office in this city the principal f
~.r~~~w~~~w~.w~r~~.. ~
sum of --=---~-TB4LISAh'Q_.llN~ NO/ 100r~- ----------_--_-----------Do~lara {
rope?Fw with int~rqt 6om daq at tM rat~ of ~fl p~r c~ntum pN annum oe th~ unp~id bal~nu w+Nl p~id. ~+id princlWl and internt ro b~ p~Y+bM a~
roia~: i~ ~,w~~hy i~t.u~a o~ ~-..AvAdsad-.-Bi8~ esn-.and.__94~1QQ--- (t -118.94.-- ~ i~i~d~ c~~..:~. a+ rh.
q 4 t i9__ 79 _
~ I. day of ~ach month ~yinninp on tM . _~-9--- _ day of - - - -
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~ ~ ~ ~ T u N E
and continuinp on tM day oi ead+ +nd ~wry month th~?ufte~ uotil tM day of
`19 89' . on which said CI~N Iht Mti~~ balanc~ of princip~l and int~rnt tMn unp+id shall b~come dw ~nd pay~bM. Eacl? p~yma+t is to b~ ~ppli~d
fint !o inter~it u+d tF~ b+lana ro prl~cipaL ~
i
' In c~se s~id k?stallmenb, a any of th~m, w~ not p~id within 1S days ~fte~ th~ iam~ b~come dus, tM whote of said principal and infaest sum i
sh~ll iwthwith becwne dw and pay+bb ~t th~ optiw~ of tM hold~r of this oot~.
We. Nx m+ken, sweties. endonKS ~nd gu+ranton of this no1~, hereby sswrally w~ive presentment fw paym~nt, ratioe of non-psym~nt, protest ~nd =
rwtiu of protest, and dili~enoe of bringirq suit apairot any party thereto, s~+d consent that tirtN of p~ymeot may b~ s:t~~ded withow notic~ tMroof to ~
any of th~ avrtlies of this note.
NaMr, sFwuld it b~ necesssry ro oolkct this note tMouyh an snorney, ach of us, whether make~, surety w endwser on this note, herebY sgroe fo p+y
all oosts of said miled'wn, i~ulud~ng a ~easor?able attorrny's fa~.
$aid bank is heroby expressly suthaized to rctain sny general w spacid depos~t, cdl~teral, real or petsa+al secwity, w the proteeds thcreof, bela~
ing 1o either of us, now w Mresfter in ths poaseuion of it dwiny ths time tha no~e remairo u~p+id, a+d beforo w aha ^wturih hereof ^^+y ~PP~Y ~
sam~ ~o this w any othe? debt or liabilities of either of us to s~id bank, dw or to becorne due. G~wn under the hu~d +nd se+~ of each party.
P. O. /e/ Jamea F. Ham3lton t~al)
Jases F. Hamilton .
Nc Due /a/ L~llian M. Hamilton
Lillian M. Ramilton .
and shall duly, pramptly and [ully pPrtorm, dis~harKe, ex~~ut~. r(tr~•f, r~n~plet~, ~~nmply wit1~ and ab~de by each
and e~~en the stipu:a:wns, agreemenls, cortdtt~uns anA i~ovcnant~ nt ~aid pn~m~ti~ary note and of ttus mort~age,
then th~~ morLRage and the estate hereby created shall cease and be null and ~ n,~i. - _
It ~s understood [hat each of the K'or~a. "note." "mort~akor" and "mortRa~ee" respect~~~ety and the pron-
oun~ rnfernng thereto, whether ~n thr sinqular or plural anyv.•herr ~n tM~ mnrtgage, ~hall be singular 1[ one oNy
and ahall be plural jointly and xverally, it mure than one, and ~h:?Il he rna.9cuhne, fem~mne and~or neuter, wher-
erer the context ao impliea or adm~ts.
Md ~ald Mortgagor for himselt and hi~ heiro, Iegal representati~e~, surcessor~ and ~igtfs, hereby coven-
anL~ ana agree~ Lo and w~th said Mortgagee, his legal repreaentaUvey. succ~ssors and a~sign~:
.
I; - l. To pay aU and ~~ngvlar lhe pnncipal and intere~t ~nd the various and ~undry ~ums ot money payable Dy
virtue ot ~aid prom~ssory note, and this mortgage, each and every, prompUy on the days re~pecUvely the aame
ae~•eralty becom~ due. ~
f
2. To pay all and s~ngulor the twce~, ~essments, levie~, 6ab~l~tie~, oDG~st~on, and tncumbrances o! e~•ery
~ nature and k?nd now on said descnbed property, and ~nr that her~afCer may be ~mposPd. ~u[tered, placed, te~•~ed
or assessed thereupon, andior that hereafter may br Ir~•~ed or ass~•~+ed upon th~s mortgaRe and or the indebted-
~ ness secured hereby, each and e~ery, Khen due and ~ayable arcor~i~n~ tn law, hr(~re they become del~nquent,
and b~fore any interest attaches or any penalty ~v incurrrd: anJ ~n so tar a~ wnv thFrPOf is o[ record the seme
shall be promptly sat~sf~ed and d~schar~rd ot record and the onR~nal off~c~al ~incument !~uch as, lor inatance,
~ •h~ tax reccipt er the sat~~faction paper officially emforw:d or certd~rd~ ~hall Qe placed In the hand~ o[ ~aid
~ JiortRagee v~~thin ten day~ next atter payment; end in the e~•ent thnt any thereof is not so pa~~, aat~sfied and
~ d~scharged, sa?d lltortga~te may at any t~me pay the s:~me or any part lA~renf w•tthout wa~~~ng or affecting
~ any opt~An. I~en, eqmty or nRht undFr nr bti• ~•~rtuP of this mort~aRe, and the tull emount ot each and every
surh payment 9ha11 Ae imm~diatPly due an~1 ~~ayahle ~nd ah:~ll bear mter~st [rom thr date thereot unUt pa~d
at the ra[e of ten per cPnturn per annum and t~~~eth~r w~th surh interest ~hall be secured by the lien of Lhu
~ mortgage_
~ 3. To place and continuously kePp on the bu~lrhn~s nnw or hereafter altuate on said land fire and windstortn
~ in~urance in the u~ual ,tandard pul~~y fnrm, m a sum nnt less thar. f~X1mL1II1 In ~uch com-
! pany or coml~"t:rs as may be appr~~ved by ca;~) Morf~;a~~ e: an~f all vu~ h ~nsur.~n~-e pnltcie~ on sny o[ ltud hu~ld-
; ings, any ~niPrest therein or par[ thereof, in the a~cn~FatP ~um aforPaa~d or ~n exce9s thereo[, ~hsll contnin ths
~ usual standar~t mnrt~aRre ~lausP mak~nQ tlse I~~~~ ur~1~r ~aid (xil~rir~, ea~•h end every, payable to swid I?tortga-
~ Ree a~ h~s ir.teresi mar app~ar, ami Pach a::d P\'P'~' S!7~ h p~dicy ohall he prnmptly dFl~~•ered to and held by sa~d
1?Iort~aRee: and. n~t lesv than tcn davs in ad~anre nf the Pxp~rat~nn of ~ach poli~y, fo deliver to ~nid binrtRa~~e
~ a renr•va1 therenf. t~~ether w•~th a re~~~pt inr thr ~SrPm~um nf an~h r~n~wwl: and thPrc ahnll bc no such insur-
•flCP placed on any M~aid bu~ldinR~. any intrn•st th~rF~n or part therrof, unles~ m the form and with the Ins~
pa~~ahlP w~ aforesa~d; and In the e~•Pnt any sum of mnney brrome~ pnyable under ~nch pollcy or policiea sa~d
Mortt;aRee shall ha~•e the optinn to rece~vp and apply the vamF on arrount ot the indebt~dnea~ secured hereby or
~ to ~~rmit sa~d ~1ort~gRor to rP~eivP nnd n« it or enY pxrt thercnt !or other purposes without thereby wa~ving
` or impa?nn~ any Pquity. lien or n~ht under or by ~~rtue o[ this mortgaRe: and m the event ~aid MortgaKor ~hall
~ for eny rPasr~~ (a~1 to kP~p th~ said prem~trs sn inQurrA, ~r tail to dellver prompUy any ot said policies ot
K insurance to saui 211nrt~aR~e, or f~ul promptly to p~y tnlly any premium therefor, or m any reapect taf{ lo pen
_ torm. drschar~e, ex~rute, rffeet, complete. _comply w~th and nbide by th~s covenent, or any part hereof, aaid Mortg-
= sRer may placP an~i pav for snch in~urwnce or nny pert th~rent with~ut vraiving or atfectinq any option. I~~n,
equ~ty or r.Rht under ~r by v~rtue uf thi~ mortRaRe. and thr full amonnt o! each and every such pnymPnt ahaU
? be lmmediately duP and pa~~able ~nd shall be~r in~orest from the date therPOt antll paid at the rate of ten per
` c~ntum per annum nnd l~Rether with auch tnterest ~hall be secured by the Lien of W~ mortga~[e.
s 4. To permlt, cnmm~t or ~ufter no wa~te, ~mpairment or deterioratlon ot sald property or any part thereot.
~ 6. To pay n0 and sinRular the co~ta, charges and expensea, including re~onable lawyec'~ teee and cwt ot
~ ab~tracln o[ title, Incurred or pafd at sny tlme by sald Mortgagee because and~or In the event of the tdlurs
on the part of the sald MortgaRor to duly, prompqy •nd hilly pertorm, dlscharRe, e:ecute, etfect, complets,
~ comply with and abfde by each and every the sllpulatfoni, a~reemenb. condiUons and covenant~ of sald promW
~ ~ory note, and thf~ mortRaRe, any or etther, and ~ald co~ts, charges and expenses, each ~nd every. sh~ll bs Im-
~ mediatNy due and payable, whether er not there be not~ce, demand, ~ttempt to collect or nUt pending- and th~ .
~ lull amount of each and every iuch payment ahall bear lnterest irom ths dat~ thsreoi unW patd at the nte ot
~ ten p~r centsun per u?num; arid all ~atd co~L, char~e~ and upenw ~o lncurred or pald. to~ether ~?1th sucb in-
terea~ ~ha11 bs secured by the Ilen of W~ mortga~e. .
~ 3JQ!( 311 27~
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