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Home My WebLink About1246 r s 45,004.0 Stuart, Florida,-- ! ' , I9 ~ For vslue ret~eived, I, we, or either of us jointly and severally promise to pay in lawful money of the United States of t America to the order of FIRST NATIONAL BANK AND TRUST COMPANY OF STUART at its office in this city the principal ----------------------FC~t1Y-F`IVE 1~ AMID IV0~100-----_------------------- Dollars sum of - - - _ :;,yaihi: with ittiiriit (rvm date at ttre rah of p.r gntum p.r annum on th. unp.rd bal.nc. until paid, t.id p?int~p.! .nd ingr.~l to b. t/ay~bl. M follows: In monthly inat.llmanh of FiVI@ ~hi1~r0C1 ~le~vecl snd 26/100------- tf 511.26 t Including int.r.st, on eM i / - day of each month beginning on tM ! ~ day of _ . 19 ' Ml~1 and continulrsp ors tM ! day of each and awry month tMnafter until tM ~ day of - 1 i i 19 90 , on which acid data tM entire ba!ance of principal and interest then unpaid shall become dw and payable. Each payment is ro be applied 2t first ro in»rett and tM balance to principal. In cats said installments, or any of tMm, era not paid wi+h!n 1S days attar tM tame become dw, tM whole of acid principal and interest sum shall forthwith become dw and payable at tM option o1 tM holder of th;s note. t We, tM makers, wretia, Mdorsen and guuamort of thh note, hereby sweraHy waive presentmem (a payment, nonce of non-payment, protest and 1 4 notice of protatt, rsrd dJigence of bringing wit paints any party tMrato, and consem that rime of payment may be carended wnhout nm,u tMreof to { any of tM sureties of this rota. 1}t Now, should it M nanttary ro coiisa shit note through an anwnay, each of us, wherMr maker, surety or endorser on this note, Mreby agree to pay t all cosh of aid collection, including a reawnabte attorney's fee. tR ` Said bank is hereby expressly aothrxiud to retain any general a spacial deposit, collate+al. real or personal secunty, or the proceeds thereof, Mlong- ,ng to either of us, raw or Mreafter in the possession of it during tM time this rota remains unpaid, and before or after maturity hereof may apply the 1 same to this a any oflser dabs a liabilities of aithar of us to said bank, dw er to become due Given under tM hand and seal of each party. ' T~f7S IS A BAIID(~I NDRZC.A~: AMID Tom: FIldAI. PA~~NT ~t ~ BAIilJQ~ T~ [JPQd t~1~1~tT1Y IS 34 927.82 , 1bC~'i~R WI'1H A~[]F.D Il1LII~ST, IF ANY, AMID AiL AtiVANQ1~Ni5 MATE BY 14~ 1!~ 'IEIihLS OF 1~IIS M[. P. O /s/ Y.ermeth R. 9wearin~en -_---(Seep I0~1~i R. ( /s/ Jean L. Swearingen -(Seep and shall duly, promptly and fully perform- discharge, execute, effect, complete, rnmply with and abide by each and ever}, the stipulations, agreements, conditions and covenants of said promissory note and of this mortgage, then this mortRaRe and the estate hereby created shall cease and be null and void. It is understood that each of the words, "note," "mortgagor' and "mortgagee" rrspectiyrlp and the pronouns referring thereto, whether in the singular or plural anywhere in this mortgage shall be singular if one only anc( shall br 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 legs! 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, pntmptlt• on the days resprctiyrly the same severally bea~mr due- 2- To pap all and singular the taxes, assessments, levies, liabilities, obligations and encumbrances of even, nature and kind now nn .said described property, and/or that hereafter map be imposed, suffered, placed, levied or assessed thereupon, s and/or that hereafter may be levied or assessed upon this mortgage and/or the Indebtedness secured, hereby each and even-, when due and payable according to law, before they become delinquent, and before any interest attaches or env penalty is incurred: and in so far as any thereof is of record the same shat: he promptly satisfied and discharged of record and the or- iginal official document (such as. for instance, the tax receipt or the satisfaction paper officiall}• endorsed or certified) shall be placed in the hands of said Mortgagee within ten days next after payment; and, ~n the event that arty thereof is not so paid, satisfied and discharged, said Dortgagee map at any time pay the same or any part theruf 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- mans shall be immediatrh• due and payable and shall bear interest from the date thereof until paid at the rate of ten per ~ centum per annum and together with such interest shall be secured by the lien of this mortgage- Ta place .end rontrnuaush• ke•rp an the buildings new or hrre•atter situate rm ,.lid i,tnd fl:e• .Ind Windstorm imur- once :n the usual standard policy form, in ,t sum not less than the highest insorahlr valor. in suite canlpam• ar romp.tn:c, a, mat_• br appruced by said Jlortgagc•r: and all wch insurance policies on am• of said building. any :ntere•st therein or part thereat. in the aggregate Burn aforesaid ur In excess thereof- shall cunta:n the usual standard nurrtg.+gre clause m:+kinK the loss under said polities, each and every- pay.tbir to said \tort};agrr as his interest may appear, and each and every ,uch puhry ,h.Ill br pmmptk drhyrtrd to and he•Id by ,a:d ~luttgagee; and, nut less than ten days in adcantr ut the c•xp:ration at r.trh - police- to deliver to said Jlurtgagee a rrnew,tl thruuf, together wah a rc-cript tut stet premium of sorb re•nrwal; and thr:r ' shall be no such insurance p}aced an any of said buildings, and intrust thrrr:r. ur part thereat- unle•„ m stet form anef with x: the loss payable as afuresaed; and in the event ant, sum of money becomes payable under suet: pahty ar policies ,aid ~1art}:.I};r.e shall haa•r the option to recrn•c• and apph• the, same un account of the indebtrdne•ss srtured hereby ar to permit said ~lurtf:a got to te•treyr .Ind use it or any part thrno( fur other purposes without thrrc•hy w•.oy:n}; or unp.urinK .I m• ryutn'• le•In ur ri};ht under nr by virtue of this mortKa},r: and in the event said Mortgagor ,hall fur any rc•.I,un fail to keep the said prrmi,c, ~ ,a Imurrd, ur fail to de•lner prompth• ant, ut said policies of insurance nr said Jlurtga}:c•e- ar tar} prumptlt• to p:ty hlily .+m~ rrmeum there•far, ar in am• us act fail to erfornt, dischar c execute, eftect, tom Ic•tr. tom h Fish and ah:de• by this tuc- p p•- p• K'• p p.• rnant- ar ant, part hereof- said ~lortgagre may place and pat, for •uch insurance ar any part thereat wahaut w:nylnc: ar .rfte•ctmi. env unnan• 11en, eyuin• ur right under or by virtue ut this nu+rte.tge- .+nd the full amount ut r.trh .Ind even such payment ,hall bc• immc-diatrly due .Ind payable and sh;:I] brtr mtrrc,t fnrnt the, date thrn•af unto: gaol at the rate of cc•n per ic•ntum per annum and tagethrr with sash interest shall hr srturc•d he the Incr. at this mart};.+gc. d 327 ~ ~~f 145