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FOR VALUE RECEIVED tha oridoni~ltad, jointly and sovarally, 'ROMISE TO pAY to fife or of
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~ MAX MOSS anc~ MARY MdSS
SIX_TEEN THOUSAND and no/100---------------------------------------" DOIIARt,t
,t 182 S.W.Chr.istmas ~'erx'ace, Port St.Lucie _ FL 33452 or wch other plan as tho lalder
haroof mar d• Hato ie wriNny foRathor with interest from date Shown above
at the rah of ~3$ par confute par annum on the unpaid balance until maturity. The said principal and interest shall
be duo and payable as follows:
5268.92 per month, the first payment being due one month from the date
shown above, and continue for each month ~tlereafter until paid in full.
This sum of S268.92 paid each month shall first be credited to. interest
and the remainder to the principal of this obligation. THIS NOTE MAY BE ~
PREPAID AT ANY TIME WITHOUT PENALTY. i
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and shall duly, promptly and fully perform, discharge, execute, effect, complete, r•.omply with and abide by each
and every the stipulations, agreements, conditions and covenants of said promissory note and of thin mortgage,
then this mortgage and the estate hereby created shall cease and be null and void.
It is understood that each of the worts. "note," "mortgagor" sad "mortgagee" respectively and the prop-
ours referring thereto, whether in the singular or plural anywhere in this mortgage, shall be singular i[ one only
and shall be plural jointly and severally, it more than one. • and shrill be rns_gculine, feminine and; or neuter. wher-
ever the context so implies or admits.
Md said I?iortgagor for himself and his heirs, legal representatives, successors and assigns, hereby coven-
. ants area 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 alt and singular the taxes, asses.~ments, levies, liabilities, obligations and incumbrances o[ every
nature .and kind now on said described property, and%or that hereafter may be imposed, suffered, placed, levied
or assessed thereupon, andior that hereafter may be levied or assessed upon this mortgage andior the indebted-
! Hess 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 incurred; and in so tar as say thereof is of record the same
j shall be promptly satisfied and discharged of record and the original official document (such as, for instance,
:he tax receipt or the satisfaction paper officially endorsed or certified shall be placed in the hands of said
3ortgagee within ten days next after payment; and in the event that any thereof is not so paid, satisfied and
discharged, said 1liortgagee may at any time pay the same or any part thereof vrithout waiving or affecting
any .option, lien, equity or right under or b~• virtue of this mortgage, and the frill amount of each and every
such payment shall be immediately due ant trayable gnat shall bear interest from the date thereof until paid
at the rate o[ ten per centum per annum and tiigethcr w•ilh such interest shall be secured by the lien of this
mortgage.
3. To place and continuously keep on the bu~lciinGa now or hereafter situate on said land fire and windstorm
insurance in the usual standard policy form, in a sum not less than = _ . in such com-
pany or comp^-rtes as may be approved by sail Atort;,•a~~•e: and all such insurance policies on any of said build-
ings, any interest therein or part thereof, in the a~rrekate sum aforesaid or in excess thereof, shall contain the
usual standard mortgagee rlause makmQ the I~~xs ur~i~•r sand policies, each and every, payable to said btortga-
gee as his interest may appear, and each and ece:y su~~h policy shall be pmmptly delivered to and held by said
i lltortgagee; and, not less than ten days in aair•an~e of the Pxp~ration of each policy, to deliver to said btortRaRee
t a renewal thereof. together with a receipt far the premium ~f an~h renewal: and there shall be no such insur-
ance placed on any o[ said buildings, any interest therein or part thereof, unless in the form and with the lass
payable as aforesaid: and in the event any sum of money becomes payable under such policy or policies said
Mortgagee shall have the option to receive and apply the same on account of the indebtedness secured hereby or
to permit said ~iortgaRor to receive anal nse it or any pwrt thereof for other purposes without thereby waiving
or impairing any equity. lien or right under or by virtue of this mortgage: and in the event said Mortgagor shall
for any reason tail to keep the said premia~s sn insured, or fail to deliver promptly any o said policies of
insurance to said atortgaRee, or fail promptly to pay fully any premium therefor, or in any respect fait to per-
t form, discharge, execute, effect, complete, comply with and abide by this covenant, or any part hereof, said 1ltortg-
~ ogee may place 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 every ouch payment shall
be immediatel due and ayable and shall bear interest from the date thereof until per
y p paid at the rate of ten
~ centum per annum sad together with such interest shall be secured by the lien of flits mortgage..
4. To permit, commit or suffer no e•a.9te, impairment or deterioration of said property or any part thereof.
6. To pay all and singular the costs, charges and expenses, including reasonable lawyer's fees and cost of
abstracts o[ title, Incurred or paid at any time by Bald Mortgagee because andior in the event of the failure
~ on the part of the said Mortgagor to duly, promptly and fully perform, dlacharRe, execute, effect, complete.
comply with and abide by each and every the stipulations, agreements, conditions and covenants of said promis-
aory note, and this mortgage, any or either, and said costs, charges and expenses, each and every, shall be Im-
mediately due and payable, whether or not there be notice, demsnd, attempt to collect or cult pending- and the
full amount of each and every such payment shall bear interest from the date thereof until paid at the rate of
ten per centum per annum • and all safd costa, charges and expenses ao incurred or paid, together with such in-
terest, shat De secured by the lfea of this mortgage.
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