Loading...
HomeMy WebLinkAbout2571 • • - • ' Stuart. NoNda. . ~ S 19 ~ i /ot wiw noNwd, b wr, a MrhK of us ptmty and tlrwr~ily protnit~ to pay In bvirfui ntorwy of the UnMad States of Muria ~b tits a+dK of NRST NATIONAL TANK Itt~ TRUST CO~ANY OF STUART at iri otfia in thin dfy tits. prittdpsl st~tu of ...,.........f, Oollan , +agnMr wMt hwwN flan data at tM nrM of .rn. Nr a~ ~ tarwia w tM ayNt ralanss anMl'sid, saN pineysl and tatrwt M w M1~'rk M faNswa i~ hwallauatt ad a IselydYy MwMy r iq? Mdt ~Yp aw tin ~ ~ ~ d 11 and aatUwtrr aw tin _...e!.~..__.. dqr d saeh and awry anaN+ tharasbar ralq tin 1•~ dpr at 11...x. , M wtidt said its tM amM MNanar ai'rinci'si se::+i...w www ~w~iid ::.~~......:w ~ ss~ E.4i •!Y.nr q r tr..rid /MM M lntarast and Nn Mla.ss M ~tnd'sl. h? sass sW MataMwaNS. ar ally d 1Ma~ ara oat paid wM.in is days ahar fha ssau Monaa dds, tin ~aMais d said M~MM and rwNarast win atoll IathwNh basso dw and'hriN at tits eplen d tin heldar d ~ meta. 1Ms, tin anbsea awwist, andasars and ~varantaa d this note. ~'i1? savwslhr waM petMNnMnt far psynMnt, neNa d non~palrnn.N, praMat and nNtas d roNat, and dgysnos d brtnin~ aWt s0sintt say /wM tlwalo, sad oonsaa thM tuns d psynwn nui? be axtsedad withaR notka thanof w awe ~ tba anatMs at thk Data. Nlw, tMald M w .nasssary N altos this naN 11ra+ph an Ntarnay, aad? d w, whatlnr nwkor. weary w andonw en this nete, haoblr aoraa M payr aN aasN d tahl aallsaMel, Netadler • eassanaW attaenars fsa. isM bank Y biesblr aapetslp wtbaelwd M ntleis sole 9anarsl ar apadal deposit, aellatses6 Beal a penonsl saewity, ar tM poasdt thereof, 6aknt ino » aMhae d air new ar hseaetN? h tM pasawiaw d M dwie~ tM lion this note reanins w~psid, and bafere a ahar nntaritp hantd near applir tin ~tiaisa"~t°~"ils~ecT ~ d aitln. '~c~~ 4 P. O - ! tA.* ~n Na Dun G 1C!»~ ' iSaaq tw. ~ and shall duly. Promptly and fully petfortn, dischssg~ exeeuss, oota~e, comply with and. abide by each and every the stlpu4tlon:, agreements, conditions and covenants of said proasirwsy pole aed of this mortgage, then this mortgage and the estate hereby txeated shsll cease and be null sod void. It is understood that each of the words, "note," "trwrtgsgo~' and "mortgagee" respectively and the pronouns referring ' thereto, whether is the Nngu4r or plural anyrhere in this mortgage shall be singuLr if one ody sad shall be plural jointly and severally, ff more than one; and shall be masculine, feminine and/or neuter, wherever the context so implies or admits. And said Yo:tgagor for himseU and his heirs„ legal representatives, successors and assigps, hereby covenants and agree: to and with said mortgagee, his legal representaatives, successors sad aaignx 1. To pay all sad staguLr the principal sad interest and the various and sundry sums of mosey payable by virtue of said promissory note, sad this mortgage, each sad eveq, promptly on the days respectively the same severally become due. 2. To pay all and singular the taxes, assessasents, levies„ liabilities, obligatloas and incumbrances of every nature and kind sow on said destxibad Property. and/or that hereafter may be Imposed, suffered, Placed, levied or assessed thereupon. sadlor that hereafter may be kvkd or sssessed upon this mortgage and/or the indebtedness secured, hereby each and every, when due sad payable atxordlag to law, before they become delinquent, sad before any interest attaches or any penalty u incurred: and in w fir ss any thereof is of record the same shall be promptly satisfied sod discharged of record and the or- iginal official document (such ss, for instance, the taz receipt or the satisbction Asper officLlly endorsed os cerdfied) shall be placed in the bands of said mortgsgee within ten days next after payment: srd is the event that say thereof is not so paid, satislkd and discharged, safd mortgagee may at say tune pay the same or any. part therof without waiving or sffect ing any option, lies, equity or right under or by virtue of thL mortgage, and the full amount of each sad curry such pay- ment shall be immediately due and payable and shall bear interest from the date thereof until paid st the rate of ten per centum per annum and together with such interest shall be secured by the lien of this mortgage. 3. To place and continuously keep on the buildings now or hereafter situate oa said lard fret and windstorm insur- lace is the usual standard policy form, is a sum sot less than the highest insurable value, in such company or tom mes sa may be approved by said Mortgagee, sod all :t?ch insurance policies on say of said buildings, any interest thereu~or pare 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 Mortgagee ss his interest may appear, and each sad every such policy shall be promptly delivered to and held by said Mortgagee; sad, not less than ten days in advance of the expiration of each policy, co deliver co said Mortgagee a renewal thereof, together with a receipt for the premium of such renewal; and there shall be no such imurarue placed on any of said buildings, and interest therein or part thereof. unless in the form and with the toss payable as aforesaid; srd in the event any sum of money becomes payable under such policy or policies said Mortgagee shall have the option to receive std apply the same on account of the Indebtednew secured hereby or to permit said Mortga- gor to receive and use it or say part thereof for other purposes without thereby waiving or impairing any equity. leis or right under or by virtue of this mortgage, and in the event said Mortgagor shall for any reason fail to keep the said premises so insured, 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. execute, effect, complete, comply with sad abide by this cov- enant, or any part hereof, said mortgagee may phce sad 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 every such payment shall be immediately due and payable and shall bear interest from the date thereof until paid at the rate of ten pet ceatum per annum and together with such interest shall be secured by the lien of this mortgage. d001I P16f~~JVJ