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S 1.7..?..,.Z ~Q.t.4Q.._. STOART. >-toe;d......_December...27............ I~~.9...... '
I FOR VALUE RECEIVED. !be dtsdersigrted. joiallr need set+eraUr. PROMISE TO PAY to the order of
RICHARD.a1.,.---DU.DDItiG..-.and..INGRID. V_...IIl1UUItiG,.-.his.-.wiSc.._ j
One..Hundr-ed-.S.eventy.._ScYCn..Thous.and..S.e-v-en...Nundred--Fifty....and.-Q.O1.l0U-.-.-voLLARS.
at P. _~_-...Box...441.,..Fort_.P.iercs-,_...Flor.ida.. -..o::ut:h aher place as the had..
hereof mar de:iigaale is ~rrilirtq. lo9elMr willh inlesest from date al libe rate o! ..Len pes certlum pes annum oa the unpaid
balance taalil maluritr. The said ptrincipal grad tnleses! shall be due and parable as follows: •
$59,250.00, together with interest at the foregoing rate, payable on ,
December 27, 1980;
$59,250.00, together with interest at the foregoing rate, payable on I
December 27, 1981; and
559,250.00, together with interest at the foregoing rate, payable on t ~
December 27, 1982. i
The maker may prepay any part or the whole of this indebtedness at any
time hereafter without payment of penalty therefor.
11 Jelarlt M waao fee J 0 aa>.s it t?e Nlweat a1 awf iastallwewt of principal er interest er up part tierce/, tie .hole sr,aa lien rewairirr ~ 1
unpat/ arit? interest s1a11 d istier'a Meier, t?ecawc arw aa~ IH1at?le ritlert aotice_ Faitr,re to csrrcise suet oplior shall wt cerstitutc a ~ai~er el the
ri[ht to esereiao tic same i• tie event e/ s+.ascoarat ~elaaN. Alter afat.uitp ?et? principal ark accrerJ :a4rt'st sisU 6r..r iate?rst al ten Kr certrw
,xr anr,r,rr ratJ paid 11e wales aa~ eeaarsers e1 tlis re4 frrl?er naive iewaa{ notice e( nor-palwcnl ark proleat. II tl:s ae a rs wet pail at f
matu?it)/ aaa t?e sawe is placaJ .:tl ea attorrep /or cetlectirr, tie walecs ark awisrsers Aereel .niece to N7 all costs of colleclier, ircludiat all cowl ;
costs ark t ~
t
BELLA YIS1~, IyC~/~~
1 ~ (SEAL)
(Corporate Sea 1) - - - - - - .
I t ~ _ ,
and sluil dole, ptuurptiy and (uli~ la•r(uun, di.ch.,r~e, execute. clitrt. rotnplctc. aou+l.h t.uh a:rd ahirt~• h) each and Cvtry
the stipulatiuua, agrccnteuta. a?.uduiuna and cuaruauta u! s.tid prumiswry IIOIC al+d 0( thti nl0[1h.1gC, tl?cu etas mortgage and
the estate herby crcucd dull cc..e and Le null and vuiaL
It is underatoal that each n( the wurda. "ante.' 'mortj;aCnr- and '•m?•rtgat;ce" rr.l,crtiacl~ noel the luonrntns referring
thereto, whether is the wsgutar nr plut.rl au~aahctc iu thin mnn;;at;c, alrall he au+s;ulsr if nor uuh .usd shall he plural jniutly
and scveralk•, i( more than uuc• and al,:dl he maarulu+c, fcmir,iue aud;or nc-utcr, wlscn•ccr the unttc~t to nuplica or admits.
Atul trial ~lurtg.+;,,r (nr 6insact( aswl hia hcira. Icy;al rr,.re•rra3tivcc, watcswrs and assrf;us, hercbg cuatuanu and agrees
to and with said Vongagce. his Irl;wl rcpreseueati~es, wcceswrs curl aasil;us: -
1. To pay all atnl ciu~ular rhr ptiua+l,al anal iutctnt and the various areal auudr? aunt! of moncj l,.t~ahlc h? airutc of ,
said promissory note, and this ertortt;agt, each arnl ever}. promptly on the da}-s real,auvcly the snore scccrally hccome dot.
f 2. -1-o pay all aunt singular rhr la~ra. a.acamu•nta. lrvicc, liabihura. obhg-rur.ua .and inaumbraucca of caa'n• nature and
kind now on acid .h'~crihtal pr.,l.crty, and •or that hcrcaltcr n+•av I+c tml?r.acd..u((rn-ri. pine rd• Ire icd or aacttctl tl:crcul,on,
at:dfor that hcrcaltcr ma}- he Icasn) or a.vaactl ul.on thin nt.?rtt;arc andjnr the indcbtrrhrr.a toured beech?, each and t•ver).
~ when due sad paval.le accurdin+; u, Lew, IK-l+ue they lxtutue rlr(uryurur..u.d t.ainrr am urtnras att.+thca nr :u~~ peu.+lty is
incurred: and in so far :i auv there.,( ra a?( trtord the s.+u+c shall hr pr.rmhth aalnhcd a+,d d+v hatt;r+I nl recant and else nr-
igrual o(Gcial d+xutneul (wch a~. Inc n:atauec- the t.n rrYCrl?t r,r the sru•(aa lino l..+l,rr nthat.Jly curlnrtcd nr ecttifred) shall ,
ht placcal in the hauda of .as.l \I•.n;; r;;cc within ten rlasa acct a(ta•r p..tu,rut: and nr rhr rvrut th.u auc Ihrrcni is not ao
a
paid, aatic(icd auri di.a hatf;cd, wd ~Ir.tt;;.t ;cc sitar al any time i,.,t the rune r.r a:r} p.trt thrn•n! without tcaiaiu; +.r after(- t
't ing any optiaur, lien. erlwt)~ or nt:h[ under err I?y ainue of thsa ntnrta;.,yc. anal rite lull :unuunt each :oral eaery welt pay
meat atoll be itnu+eYli:ucl~ dua• .u?.1 pav.d.lc .iu+l hall lx•.rr it:u:eat fu,rn the date thctro( arts! l,.+ia! at the talc o[ ten l,cr
erntum per annum and tof;eti.cr wuh welt unetest dull he sccureal br the lien u( shit mnnf;ay;c.
3. To place and cortiuuoualc keel, on rhr busldn+ts uuw or hcrcaltcr srtu:uc ou tsul L.nd lire :rod a:iurl~trnm inaur-
ance iu rhr uwal ataud.ard l,.,haa (Went, in a sum not leas Qtan the luj;hcst iawrahle aahu•. in sw h t.•mp.ur}• aar anutpauiea at
may I+c apptoccd 1?y auri \iottz.+icr: and all rarh iuwranrc l,+sharct nu and of t,id buil.hn;;.. ana is,tcscat therein nr p.ut
lherrnf, in t1+e a~;ret;ate cum abuc~:+ul or iu cwees thcrn,(. >It.+il uwt:un the uur..l at:n„Lod nn,rti;.r{;ce cl:w.e tn.rl.in~ the
Io.a under wd lx,litica, each and . trsa. p+aahle to ca id :.Inrty;ai;ce at hia iuterc.t Wean apl.t.n. and ens h and cacr}~ wch 1«aliry
t
sltall he prnntl?tly dchacrcd t•.:u~.l hchl he •.ud \Inrt~a~r r : and, ur?t Icaa than ten daaa sir ad:.u~ar a[ the cxlar.uinn of each
lwrhe}, to dclrvcr tr? caul ~inssC.*t;et• a 1c11fMal thereof. ;nt;cthcr wuh a r,~rript (nr rhr• l.scnuussr •.f weir ta•s.rx.rl: and them
shall 1,r nn such inanrauee plaar.l nn .+nv .ai.l +nul•iiay;a, any u,:~•rc.r Cheer sir r,r l..rrt tlu rc.•(. uule.a nr else (m n+ :md with
the In.a ?av.,l.le as :,hara:aid:..ud u. rtrr car sit :rna• .urn ul us•nu•a br..Wort ..,a:,idr uu:kr aw h .•drr t nr ,••hr u•...url \iurr •t •cc
1 1 I i t-•~~' i
shall lu?'c the uptims to rrccrar arrl :?1•l.k the aaurc ~n atu,u:rt u( the :+::h l.scdua-.a vansrd hrni.; .n s•? l.csnut a.,id \Inrej;a-
j~nT t0 TlYClit and UaC it nt :urn l...rt tl-crati?( 1~4 nti+cf l•url,•,.r. wilhnat Ihrrel.e t,-•r+inr• nr uu,r.~trurti .u!a a'rlmlf, lira nr
• ~ ,
tiglrt under or b} virtue of than ornery;-+y;c: as:al is+ the eacul vul \lurtia~ ,r .1+:.11 Inc .u,v rr.,.•.u Lnl to l,.-rl+ the a.+id jnrmiats
sn inturcd. or (ail to deliver pnnul,th :,n* of a_t,d l,rdiaica of unusaurc to a.ud \Ir:rty_.r cc, nr L.:1 pt..n+l,tl~ to hay fully any
prcrosum therefor, or in au} ra-al.crt (ad w (.cr(onn. dtathary,c. ranuu•, rllrrt- cn+nplctc, a•unt•lr aauli :acct :d,ulr hp ti+i. a»•- ~
enant, or any p.ut hercnL s.ai.) \Inrt; rice may place and pad (r.r aurlt inanrancc sir auv p.,rt the•tt•..I arnh~n+t t..ucrny; err
affecting atw upturn. Lcu. rrluna nr ri>;I+t and. r or by vutuc thin ntorty;ay;c, and the toll amonnr n( c.uh a:u1 cacr• suah
paymcut sltall be immaliatcly due ar+a) 1?aaahle curl shall hear iuu•rcat from else dart :hereof until laid al the talc o[ ten
per c ntum per annum need together with wch interest shall be accurcal by the lien of thin mnngay;c.
1'o permit, commit sir w(fcr cur wauc, impairment or dctcriorstrant of said prnl.cn)• or anj• p.,rt thereof.
c 5. To pay all and siuy;ular rhr (Y,.ta. ahasy;ca aswl c~l?cna-t. uralurtur;; rraa•.usble Ln.acr: (era .uul root n( :rhatt.rcta a,(
title, incurred or haul of any tsmc Lo said ~lnrtl;a~ee Lerauae and%ur in rhr eaent of rhr laslusr nn the part of the a•ud
l?Inrtgagor to dal)-, pronq,tk as,d folk- l+crlmm. discharge, tscccult. c(laYt. rnuy,hu•, morph with and ahiric by r.uis :uul
ea-cry the stipulatirn+a. al;rmnrnta. a•rud+tioua and cuaca?auta n( a,id puania.nrs nr.tr, and thin murty;.ry;c. an) nr either, and
said cosec. charges assn) ccl,cuaca, rarh and even. dull ht immnliatch due and i,aa.rhlc, alu-thcr ••r not then. hr nonac, de-
mand, attempt to tolirct of suit l?r „rlury: and tl:c lull antnunt of each .cud c•vrr~~ sue h p-,}n+rnt shall I,t•.rr intrrrat from the
dart thctro( until paid at the rate of a-u per cenuun per auuum: and all uid Costs, charges anal expenses so incurred or paid.
together with such iurerat, sltall be stturecl by the hen of this mortgage.
NAM a~AtatA