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Z u' Stuart, Florida, O~e~bfits b 19 »
Far value received, 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 ilS office in this city the principal
sum of--~~- -----?IR 1~_>f1~~_ MD/1-------------------------------------- Dollars
together with interest from dart at the rats of 124 er centum per annum on the unpaid balance until paid, said principal and interest to be payable as
follows: In monthly installmanb of 1+001t..)!1~l~d- MN V~_~~10w )including interNt, on tl+e
day of each month beginnirq on tM ~ Sr .day of -._-....'t~_.---_. _ _ 19--~...
and continua on the ~ ~ day of each and ever month thereafter until the - ~ ~s
r+g y day of - - - - -
19 on which said date the entire balance of principal and interest then unpaid shall become due and payable. Each payment is to ba applied
rust ro interest and the balance to principal.
In case said installments, a any of them, are rat paid within 15 days afar the same become due, the whole of said principal and interest sum
shall iwthwith become due and payable at the option of -the holder of this note.
We, the makers, sureties, endorsers and guarantors of this note, hereby severally waive presentment fa payment, notice of non-payment, protest and
notice of protest, and diligence of Winging suit against any part' thereto, and consent that time of payment may be extended without notice thereof ro
any of the sureties of this note.
Now, should it be necessary to collect this note though an attorney, each of us, whether maker, surety or endorser on this note, hereby agree to pay
all nosh of said collection, including a reasonable attorney's fee.
Said bank is hereby expressly authorised to retain any general a special deposit, collateral, real or personal security, or the proceeds thereof, bebrp-
ing roeither of us, now or hereafter in the possession of it during the time this note remairu unpaid, and beforo or after maturity hereof may apply tFte
same ro this or any othn debt or liabilities of either of us to said bank, due or to become due. Given under the hand and seal of each
~s u • iatiooit >~oarcalas u~ rns n>raL t~i>lmrt os ~ anLLOOrt aos t~o~t >~aroazZfa~
;27.703.20. TOGE!!!l:It ti1IT+8 Aitr~Cla1l~ DiTI~T. It die ~ iii. ~D~Y~CD~>~fS )!VD! »
1lOLiCi~ii OI~IQ ~ ?ERllsl< Oaf 'lNls >l~+CM3.
P. O. Bilaea L. Dehlllc (Seal)
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No Due (Seal)
fwm 100
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and shall duly, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by each and every
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
It is understood that each of the words, "note," "mortgagor" and "mortgagee" respectively and the pronouns referring
thereto, whether in the singular or plural anywhere in this mortgage shall be singular if one only and shall be plural 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, successors and assigns, hereby covenants and agrees
to and with said Mortgagee, his legal representatives, successors and assigns-
' 1. To pay all and singular 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.
2. To pay all and singular the taxes, assessments, levies, liabilities, 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,
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
f incurred: and in so far as any thereof is of record the same shall be promptly satisfied and discharged of record and the or-
~ iginal official document (such as, for instance, the tax receipt or the satisfaction paper officially endorsed or certified) shall
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be placed in the hands of said Mortgagee within ten days next after payment, and in the event that auy thereof is not so
paid, satisfied and discharged, said Mortgagee may at any time pay the same or any part therof without waiving or affect-
' ing any option, lien, equity or right under or by virtue of this mortgage, and the full amount of each and every such pay-
; ment shall be immediately due and payable and shall bear interest from the date thereof until paid at the rate of ten per
cencum per annum and together with such interest shall be secured by the lien of this mortgage.
3- To place and continuoush~ krrp on the buildings now or hereafter situate on said land fire and windstorm insur-
ance in the usual standard policy form, in a sum not less than the highest insurable value. in such compant• or companies as
may be approved by said Mortgagee; and all such insurance policies on any of said buildings, am• interest therein or part
thereof, in the aggregate sum aforesaid or in excess thereof, shall contain the usual standard mortgagee clause making the
loss under said policies, each and every, payable to said lltortgagre as his interest may appear, and each and were such policy
shall br promptly delivered to and held he said Atortgagre; and, not less than ern days in advance of the expiration of each
polio, to deliver to said Mortgagee a renewal thereof, together with a receipt for the premium of such renewal; and there-
shall be no such insurance placed on am• of said buildings, and interest therein or part 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 MortyaFer
shall have the option to receive and apply the same on account of the indebtedness secured hereby or w permit said Mortl:a-
gor to receive and use it or any part thereof for other purposes without thereby waiving or impairing am• equity. Irtn ur
right under or by virtue of this mortgage; and in the event said Mortgagor shall for an}• reason (ail to krrp the said premises
so insured, or fail to deliver prompth• any of said policies of insurance to said ,~tortga};re, or fail promptly to par fu;h• am•
premium therefor, or in any respect fail to perform, discharge, execute, effect, complete, comph• with and abide by this cov-
enant, or any part hereof, said Mortgagee may plate and pay for such insurance or any 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 rt•en_• such
payment shall be immediately due and payable and shall bear intrust from the dart thereof until paid at the rate of ten
per centum per annum and together with such interest shall be secured bt• the lien of this mortgagr-
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