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Home My WebLink About2866 _ r~ ~~e~l.f]A Stuart, Florlds, Artttrrat / ~ ~ 19 7! For vslue received, f, we, or either of us iointly and aevarally promise ro pay in lawful money of the United States of America ro the order of FIRST NATIONAL BANK AND TRUST COMPANY OF STUART st iri office in this city the principal sum of_.._ ~ ''sie1°'r'e Bern err' >.ntaM... ^-'lira togethw with interest from date N file rate ofll~,,per oantum par annwn on fM unpaid babnta until paid, said print3psl and interest to M payabM N follows: In monthly installrr?ents of 1~!O $Wa>t~.-~j~~.1-I~.-~Q~-~- ~~hq i^ter~tt. on the y._. des of each month on the ....I ~ day of >;eptenb~r 19_~_ -----j Y beginning - and continuirq on tM day of each end every month thereafter until the ~ day of 19-...1~9 . on which said date tM entire balance of principal and interest then unpaW shalt become dw and payabM. Each payment b to be applied - fint to 4+hrest and the baianoe ro pindpal. In case said ir?stalln+a?ts, aany of them, are not paid within 1S days after the same become • due, the whole of said principal and iMeresf sum shah forthwith baoane due and payable at tM option of the holder of fhb ratty - . We, the maksa, sureties, endorsers and guarantors of fhb note, hereby severally waive presentment fa payment, notice of nort-payrnenb prohat and notice of protest, and diligence of bringing suit against any party thereto, and cpwnt fhat time of payment may be extended without notice thereof to any of the sureties of this note. Now, should h be necessary ro aollw fhb rah through an attorney, each of us, vvMther maker, surety or endorser on fhb note, hereby agree to pq all costs of said oolledion, including a reasonable ittarnsy'~ fM. - Said bank is hereby expressly authorised to rotaM+ any general or special deposit, collateral, real or personal security, a tlr proceeds thereof, befortg~ irp to either of uty now or. harsafh. in the possession of h during tl+e time fhb noM remains unpaid, and before a after maturity hereof may apply the same to fhb ar any other dent a liabilities of eMlwr- of us to said bank, dw a b become due. Given under tM hand and seal of each party. - This Note is snb~ect to at:celeratioa u prodded is the lbrtaase o>f e~sn date wbicb secures this Rote. P. O. Le/ Jack IS. B>addock (Sean JACt Dlt11DD0~ No Due - /s/ Bmily Braddock is.,n - EVIL? M. ~ add shall duly, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by eadt sad etrery the stipulations, -agreements, conditions and covenants of said promissory note and of this mortgage, then this mortgage and the estate hereby created shall cease and be null and void. !t is understood that each of the words. "note," "mortgagor" and "mortgagee" respectively and the pronouns referring thereto. whether in the aingulu or plural anywhere in this mortgage, shall be singular if one only and shall be plum) jointly and severally, 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 heirs, legal representatives, successor and assigns, hereby covenants and agrees ` to and with said Mortgagee, his Icgal representatives, successors and assigns: 4 To pay all and sirtgulu the principal and interest and the various and sundry sums of money payable by virtue of said promissory note, and this mortgage, each and every, promptly on the days respectively the same severally become due. 'i 2. To pay all and singttlu the taxes, assessments, levies. liabilities, obligations and incumbrances of every nature and f kind now on said described property, and/or that hereafter may be imposed, suffered, placed, levied or assessed thereupon, ~ and/or that hereafter may be levied or assessed upon this mortgage and/or the indebtedness secured 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 fu 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 officially endorsed or certified) shall be placed in the hands of said Mortgagee within ten days next after payment; and in the event that any thereof is not so paid, satisfied and discharged, said Mortgagee may at any time pay the same or any part thereof without waiving or affecting any option, Gen, equity or right under or by virtue of this mortgage, and the full amount of each and every such payment shall be immediately due and payable and shat) beu interest from the date thereof untJ paid at the rate of ern per centum ( per annum and together with such interest shall be secured by the lien of this mortgage. t 3. To glue and continuously keep on the buildings now or hereafter situate on said land Ctre and windstorm insurance in the usual standud policy form, in a sum not less than the highest insurable value, in such company or companies as may be approved by said Mortgagee; and cell such insurance policies on any of said buildings, any interest therein or put thereof, in - the aggregate sum aforesaid or in excess thereof, shall contain the usual standard mortgagee clause making the toss under said policics, each and every, payable to said Mortgagee as his interest may appeu. and each and every such policy shall be promptly de)ivercd to and held by said Mortgagee; and, not less than ten days in advance of the expiration of each policy, to deliver to said Mortgagee a renewal thereof, together with a receipt for the premium of such renewal; and there shall be no such inwrance placed on any of said buildings, any interest therein or put thereof, unless in the form and with the loss payable as aforesaid; and in the event 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 Mortgagor to receive and use it or any part thereof for other purposes without thereby waiving or impairing any equity, lirn or right under or by virtue of this mortgage; and in the event said Mortgagor shall for any reason fail to keep the said premius so insured, or P fail to deliver promptly any of said policies of insurance to said Mortgagee, or fail promptly to pay fully any premium there- for, or in any respect -fail to perform, discharge, execute, effect, complete, comply with and abide by this covenant, or any part hereof, said Mortgagee may place and pay for such insurance or any part thereof without waiving or affecting any E option, lien, equity or right under or by virtue of this mortgage, and the frill amount of each and every such payment shall be immediately due and payable and shall bear interest from the-date thereof until paid at the rate of ten per crnttun per annum and together with such interest shall be secured by the lien of this mortgage. 4. To permit, commit or suffer no waste, impairment or deterioration of said property or any part thereof. i 5. To pay all and sittgulu the costs. charges and expenses, including reasonable lawyer's fces and cost of abstracts of title, incurred or paid at any timt by said Mortgagee because and/or in the event 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 ~ every the stipulations, agreements, conditionu and covenants of said promissory note, and this mortgage, any or either, and said costs, charges and expenses, each and every, shall be immediately dur 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 beu interest from the G date thereof until paid at the rate of ten per centtun per annum; and all said costs, charges and expenses w incurred or paid, together with such interest. shall be secured by the lien of this mortgage. . 600K~~~ PA6E~,c~