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HomeMy WebLinkAbout2401 ~.~,1JOD_eo Stuart. Honda.--aee~i~s ~ t ~ i9 79 for vaWe reoaived, 1, we, a either of us jointly snd severally promise to pay in lawful money of the United States of Anterioa b the order of RRST NATIONAL BANK AND TRUST COMPANY OF ST,UART at its office in Chia dry the principal i sum Of 1,.. ,.~./1.... ^.,llan I tOeelllM wih interest 6orw date M the tale of ~ pM pw111111. per M1M1111 aw ttte balance urrtY Ywpea P~ i~ prYKTpaI weld Mll~fpt 10 ~ ~My~I~ N folbws: M morMNy iaat:llwswae a# . (S..Z~.Qy---) tedudir~ inNnst, on tlr f f dh? of Beds sat ~bpiai~ oa tlr _ ~ t t ' d~ pf 19_x_ i and oatlinuia on the / t _ day of aadr and e~rery nrorwb thereafta? uMY the ~ ~ daft of ~_-A"t,~= f9_~_, w wh:d~ said daM the entire balance of principal and irMarest thaw unpaid sha8 bacaaa due and payable. Each paynNnt is to be applied fa: to interest and the batrw a pindpr. ~ - /t ~ Q ~ ; Iw owe said iastaiea.ra„ « arrs? of thewti wot paid withiw 1S days after the sane b.oorea due, the whole of said principal and rtt«.at sum I al.ael iortlrw'ah beoonse due wed payable ere tM aplioa d the bolder of d+is nose: we, the .aknrs. sureties, eedasers and ~rarawtors d the wcee, hereby swarah?-waive presentment for paynrant, rwtiae of non-wry, w'a•~ a~ eotioe of proses;, and drtg«tas of brit~tea eWt apaiwt awy ts+nf? thsMOi, and corrart that ties of payrwatt may be extended without notice thereof to any,of the scoriae d this wore. Noar, ahoua a be necessary a eag.o this wore ttsrouph aw attorney, esch of us, whether make, surely a endorser on this note, hanby apse to pay sa aces d sea m¦wia,. intirdi.g • naso.eble attorwh/s fee - Said back is Iwebr sapresdy awhorowd to retain awy timed « apeoW deposit, coNasen4 Taal or persatel seaurdy, or the proceeds thereof, belag• ; ~ to either of ua;, rtow err Iwaa~fsrr ie the potaeasiow of_~ dung the time this nose rewtairs unpaid, and before a after hereoF same to thi o awr enter dab m iabiliiae d eillrar d m to acid Gawk, due a to beoowr due. Givrn urtdsr the hand artd~sw~l of each party. ~ •D!>< Is ~J11f.? 1+0 ~O~i~ZTCN ~ ~lOIYI~ D ~ 0! rmt nl?ZE iislCH ~ 101E. _ P. O /S/ Peter A. ZLgwr:lci htrs_ Ikrs - (Swn~ - . ~ Fors teD . wasws~a i _ - std ahaY ddb promptly ;tad Rally Perform. discharge, e:ecuu, effect, compku, comply wilt and abide by each and every tie aeipttlsdoes~ agree>:r~v, eottrlitioas and covenants of said promissory note and of this mortgage, then this mortgage and - k the etaaoe htatby creattd tibsll cease and be null and void - It is smdeastood that each of the vraadt,, °nooe," "mortgagor" and "mortgagee ' respectively and the pronottas referring - thereto, vrhetha in the singular or phtd anywhere is this mortgage shall be singular if one ody and shall be plural jointly and severally, if more thm one cad shall be mss ,tct.~+M, feminine and/or neuter. wherever the contezt so implies or admits. And raid Mortgagor for himself and his heizs„ kgal representatives. successors and assigns, hereby covenants and agrees to std with said-Mortgagee. his lebtl representatives, successors and assignz 1. To pay all attd siogular the principal cad interest cad the various and sundry sums of money payable by virtue of said promissory corr. and this.mortgage. each and every, Prompdf oa the days respectively the same severally become due. 2 To pay all and siagolar the rues, assesmeats, levies, liabilities, obligations and incumbrances of every nature and load cow on said described proptiq, and/or thu hereafter may be imposed, suffered, p>:ced, levied or assessed thereupon, ancYor thu haeaker tna; 'ere levied or assessed upon this mortgage suxVor the indebtedness secured, hereby each and every. whtzs due and payable aexordiag o0 4w. before they become delinquent, and before any interest attaches or any Penalty is incurred: and fn so 6r as a~ thereof is of record the acme shall be promptly satisfied a~ discf?uged of record and the or- - _ ;giml offidal document (such as, for instance, the taz receipt or the s:tisficaon paper officially endorsed or certified) shall be placed in the Minds d said Mortgagee within tea days nett after Payment; and in the event that auy thereof is not so paid, sativ6ed cad di:chatged. asid Yortg~ee may at a~ time pay the same or any_part therof without waiving or affect ing any option, liar equiq a right tinder o: by virtue of this moetgetge, and the full amount of each and every such pay- atemt atoll be immediately dtse and payable cad shall bear interest from the date thereof until paid at the rate of ten per oeatum per annum cad together with such interest shall be secured by the lien of this tnortgttge. 3. To place cad continuously keep on the buildiu<ts now or hereafter situate on said land fire and windstorm ituur- aace in tht usual ataadard policy form. in a sum not less than the highest insurable value, in such company or companies as tiny be approved by said Mortgagee; and all such insurance policies on any of said buildings, way interest therein or part thereof; in the aggrepu sum aforesaid or in ezcesa thereof; shall contain the usual standard mortgagee clause making the bas wader said policies. each cad every, payable to said Mortgagee as his interest may appeu, and each and every such policy shall be prompdy ddit?ered to and hdd by said Mortgagee; cad, ~t less than ten daps 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 sbaD be no such insurance plued on any of said buildings, and interest therein or part thereof, unless in the form and with the bas payable as aforesaid: and is 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 Mortga- gor to receive and use it or arty part thereof for other purposes without thereby waiving or impairing any equity. lain or right under or by virtue of this mortgage; cad in the event said Mortgagor shall for any reason fail to keep the said premises so inwred, or fail to deliver promptly any of said policies of insurance to said Mortgagee, or fail promptly to pay fully any premium therefor, or in any respect fail to perform, discharge, ezecute, effect, complete, comply with and abide by this cov- emnt, or way part hereof, said Yottgagee may plus and pay for such insurance dr any part thereof without waiving or affecting any option. lien, equiq or right under or by virtue of this mortgage. and the full amount of each and every such payment shall be immediately due cad payable cad shall beu-interest from the date thereof until paid at the rate of ten per centum per armum cad together with such interest stall be refuted by the lien of this mortgage. r k - B~llR(Jl~ tA6E~.ch7~ _