HomeMy WebLinkAbout2485 =__213,,000.00 STUART.Iflorids. .............March.•.4.••.••••...•....•.•• le....•.80
9 3 fly d severally, PROMISE TO PAY !o the order oi.~!'~.~.Iati.!!~~•..~..
I~~b~ an~E~d~~I~d~:i ~,'L~, ~'rustees under•• Lha.t•..cert.in•••Inter••,Vivos••.Trust•_•••
d~art•e•d°'An~gu~st'°~•8~;~•'~19'T2•••:~~•A••.H~~~~.ed.-..T.hix.t.een...Thnusand...and...IID./..1QD- DOLLARS.
at .....~.6.Z....St.......Ci:4QI$.e....$t.r@@.t.e....$ex.~....Al1gUS.)t.lIIO.?...FZl~I.1C~.A....~~.0.8?~.......ot such oiber place as the holder
hereo! mad designate is writing, to~etbe: with interest from dale at the rete o! .~.Q......-per eeatum per aaaum oa the u_ repaid
balaate tuttil maturitt. The said psiacipal sad interest ttltall M due sad payable as follows:
$71,000.00, together with interest at the foregoing rate, one year from the
date hereof;
$71,000.00, together with interest at the foregoing rate, two years from the a
date hereof ; and
$71,000.00, together with interest at ,the foregoing rate, three years from
the date hereof. -
The MakeY may prepay any 'part or the whole of this indebtedness at any
time hereafter without payment of penalty therefor, provided, however, that
no payment less than payment in full shall be made prior to January 1, 1981.
11 default M made (x 3 data in the payerent of say Iwstallmeat et priwcl?al w G,terest or angr part tbercol. the •hele cum t?en remaidne
unpaid rill iaterect .ball at beWe''e e?tiea become due sad ?syabla witbort notice. Failure to a:excise 2ucb eptiow .ball not ceastitule a .raiser of the
rit6t to a:excise lbe same iw tM earent of subscga,eat default. Alter maturity both priaci?al and accrues intrreat .ball beer iateresl at . per eeatum
ycr annum taatil paid. The mabera aed endoracrc of this note lurtbtr waive demand, aetice et asa•?aysent and ?roteat. It this notb is wot wall at
maturity sad t?e same Ic plat b col i ttw makers sad endencra beree( airee to pay all coats st colleetien, incladiae all cwrt
costa sad reaconab4 altorwey _
BELLA VISTA, INC. ...____....(SEALI
~ ~
~ i
By.'-•----••_-- s/ Guido_•_Gregoris. ..-.(sEALI
(Corporate Seal) GuicEo•Gregoris, President
and sh.,ll thl{a•, prtnn(,tly lull lull) pcthnnt, diaeh.lrgc, cxccuu•, ctlcrt, trnnplete, ~outhly aviih and .lode h} rich and every
the stipulations, ag;rcenirutc, couditiuna :out coaruantt of said promiswry note and of this ntortgal;c. then this mortgabe and
tht: estate hereby created shall cease and he null and quid.
It is undcrctood that each of the wnnlc, "note:' "mortg;:eGo," and "mnrt~ag;ec" tcapcttiacl}~ furl the pemlrtuus referring
thereto, whclhcr in the siu~ular or plntal atl}whcic iu this mnrtg;.lg;c, shall he sius;ul.u i( oar oul} .uul sh.tll he plural jointly
and scvcrally, i( more than unc.:uld shall he ntaatuliuc, feminine and/or neuter, whcn•ac•r the umtc~l so iuy,liec or adutitc.
And said ~long;ag;nr (.,r biurat•1( and his heirs, lcg;al n•prc.cuwtivec, wtreswrs and assigns, licreb)• eos•cuants and agrees
to and with said ,\lortgagee, his Icg;al represenutives, successors and assigns:
1. 7-n pay all and cin~ular the principal and interest :nui file carious and cundr}• amnia of mnnC)- pa}ahlc by virtue of
said promissory note, and this ntortl;ag;c, each and cccry, promptly on the days rcapcctivcly the saute uvcrally become due.
2. 7'o pay all and siug;ul:er the caeca. aaaeaauu•utc, lrviec, liahilitiee. nblig;atinuc :utd imumbtancec of carry nature and
'i kind now nn acid described pr.,pcrty, :uul~or that hereafter nrl}• he impnaerl. au(frertl. plarrd, Icaicd or aaceaacd thcreulwn,
and/or that hereafter ma}• be Icvicr) or asvaaed upmt this niong;ag;e :old/!,r the inlcbtr thirst secured hrrcby, each and tact),
when eh,e curl payable acmnliilg; u, L,w, hchne they bcanuc dclinrlueni, and l,c(nre au} iuu•Irat att:uhca nr :ut} pen:dry is
incurred: anti in co tar as ana• thact,( is of rimed the s:nne shall he pinuq,tk saliafird and dlsrh:ug;rd n( retool and the or-
i i~ina) official doauncnt (web as. [„r inat:uur. file tax rrecipt or the satisfar tine paper nlliti.llly endorsed ar u•iti(eedj shall
be placed in the hands n( .aid ~It.rtg; tg~re• acithu, ten days next after p.nu,cnt: and in 1!u• rvcnt that alt} iht.rcnt is rent art
paid, aatiafie•tl and diarhael;cd, a:utl ~Inrtg;a;;cc ui.rr :u ,•?ny ume pa} the a:unr ur .ul} part ihele•.,I without t.annl; ur .,I(ctt-
inR any option, lien, erluuy or right unrlcr ur t?)• vinuc of thin ntortg;.lg;c, and the lull anu,unt of each :old carry such pay-
ment shall be imnecdialcl}• due and payable and .hall hear intcrest hr~m the date thricnf until paid at the rate of ten per
eentum per annum and together wuh such interest shall he secured by the lien of this nu,rtg;ag;e.
3. To place and amtimernecl}~ ke•ep on Uu• budding;. nary or hereafter sinl:ue on .:ud Lonl fire anti a•indstrnm iocur-
ance in thr usual staud.lnl pour} loon, iii a stun ant less llwn the hig;hc•st iuwrahlc acdur, in sorb t,nnpan}• or r~luipanicc as
nta}• he apprw•cd by lair! \iorts;ag;cr::ned all aurh irlwrantc polirie•a ou any of c,itl he:ildin;;., :ula intrecat thcicin or hart
lhcrcof, in the ag;g;rcg;alc cum al•ocsaid or in excess thr•re•o(. shall concrin the uau.,l at.nulaerl nulrtg;.lg;cc clause ut.tl.in~ the
Inca unrlcr said I,olit,cc, rarh and tarts. p.t~al,le tr, said \Inrlg;a;;cc as his intcrc•at tress al~pc:n. and carp and t•acry cut6 polity
shall he promptly dehaercd tr, :uttl heltJ hs said \Inttg~ag;te•::uul• not Ica. tlnn ten d.lsa in arla:utrr of ille c>.piratiun of rarh
pnhe). to deliver t» said \Inreg~.ll;tc a icnrw:d thrn•n(• to):nhcr a•itle a te•e:•il,t 1.;; t!:r I::s•tniuue n( curl, tcncx-.It: and there
shall be no such inwranec plaervl nn any n( aaitl huibling;a, any iutrn•at thclrin nr p:nt thr rr,d. unlrsc in the fnnn :,red with '
. the lu.c payable ac :dnrrceid::unl in ihr carat :uls• sum n( un,n•} brtnnlra p.n:+Llt• unrlcr am It p••lu t ur p•Iht it•a s.l,rl \lurlg;a~ce
shall ha?e the option to rrcciac :unl appi} file same ml account of thr illdt•I,errlncsc srrulyd hrrrLa .n t., pcunit e.,id \Inrt~a-
~nr t0 il.'CClae slid IIaC Il Of :111}' l,arl Ihrrrt,f lux n111Ci pllrl,•,ara wllllnllt IIN'ICI,a ta'.llant:• nr 11111~.IIIIIIg~ ./llc Clhltlt', llrll nr
riglet under or b}• eirurr of chic morlg;ag;c::uul in the cacnt acid \Inrlg;a~nr shat! I•n any er.,.•,n Lul to lt•rp the said plrniiscs
art incurcd. or Llil to deliver pnanptls any of ca id (,Idicicc of ilnul:ultr to sa~tl Unetg;.t~rc, rn Lul pt~,mptly u, pay lulls any
x
premium thcrc(or, or in any rcaprtt Llil to per(onn. diuharg;c, racrutc, curt i, u,mplrtr. cnm!Ily acith :recd ahidr l,}• thin eoa•-
enant, or any part beret,(, said \Iortg;.tg;cc Wray place and p:IY for aurh iuaur:olcc or all. I,.Irt thcrc•t,l aa•nhttut a:.ua-ntg; nr
affecting; :nay option. lien, ctlnitr nr rig;ht undt~r or by a•irtuc• of Ihic ninrty;ag;c, :old the full anunntl of r.lt h and cccty anvil ,
meat shall be imnecdiatcl due :Ind ,icihle and sh:dl I?car interest Innn the lair thrrrt,f anal ,aid at'thc rite u( ten
I,er centum per annum and together with such interest shall be eecured by the lien of thin mong;ag;e.
7•o permit, commit ur suffer uo waste, intpairmcot or dctcrioratirne of said property or any part thereof.
_ 5. Tn pay all :Ind singular thr costa. eh:ni;ea and erpencca, including; reaa,nable Ltaa~arr•+ (rrs and rnat of :Ihatl.lth of
title, inturrcd or paid at any aloe by sail( \lortg;a>;rC hccatesc and/or iu the cacnt of thr• (.dolt rttl the part of thr said
)\Inrtg;ag;or to duly, pronq,tly and full)• pcrhnm. diseharg;c, exeunt. effect, t~nnplru•, tnnlph~ with :old al,itlc by r.tth :utd •
every the stipulatimla, ag;rccmcutc. rnndhirnlc anti toeenanlc of slid prnuliaanr}• only. and thin uinrtg;:lg;c.:nl} nr cithrr, and
.lalrl tQSlt, fhar~CS .11111 crpcnara, oath and carry, shall he immrdiatcly due and i,aaahlr, ..briber •,r n„t Ihcrr• hr nonce. de-
mand. attempt to tollr•tt or wit prnding;: and the full anttanlt of each and carry sorb pa)nernt .hail hear intrn•at from the f
date theteo( until paid •at the tale of ten per cenunn per annum: and all said costs, charges and expenses so incurred or paid.
together with suc!? inlcresl, shill he secured by the lien of this mong;age.
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