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Home My WebLink About1066 .-.~~v_.. ~ ~ ~ ...-G:~L'~~C:tiXti_~..7~:ti.+ti-?S.: ..ti:.ti:~.::-C.?~.,5~,.. ._~:."r:.}:.rCr~.~'?ti~-_ .::ti..: _ _ ..~.:1tir~.:{~.1'7 , ~ 1 ' S0 000.00 j =........l COPY STUART. Florida June b, ~s...75... , ~ FUR VALUE AECEIVED, 1he undersigned, joinfly and sererally. PROAliSE TO PAY !o fhc order ot I , PERRY BOSWFLL, JR . ' . ~ ...F.i.fty.._Thousand...and...00/100.---------------.-,-.____________________~_ DOLI.~RS 1 i at .....or such olher place as !he holder hereot mcy drsignate in wriiing, iagelher tivlfh inierest irom date at !he rate oi pcr cenlum per annum on !hr unpaid balanc~ until maturltp. Tha ssid principal and i~tezas! shall be due and payabie as iollows:. In tW0 ( 2~ semi- . annual in~tallmFnts of Sixteen Thousand Six Hundred Sixty--Six anc'~ 67/].00 ($Z6,666.67) llolla~s of~the principal plus interest ~then due on December 6, - 1975, and June 6, 1976, and one (1) final installment of Sixteen Thousand Six Hundred Sixty-Six and G6/100 ($16,666.66) Dollars of the principal plus interest then due on December 6, 1976. The maker may prepay this indebted-- ness in whole or in part at any time without payment of penalty therefor. If de(ault he made (or 30... dars in Ihe payment di 4nY inslallmenl of principal or interest o~ any psrt therco(, the w2~ole •um then remalninS unpald wit6 inte~sst st+all at holder'• oplion become due and payabir rllhout notic~, Failure to exercise sucA oplion shal~ not constilule waiver of lhe ?I~ht to exercfxe the same in lhe erent ef aubsrqueht delault_ Afle~ malu~ity bolh D?incipal and accrued intcrest ahall b~.~r interest at per cenlum yer •nnum untit paid. The makrra and endorsesa ot this note (uriher waive demand, noticc o! non•paymrnt and p•oteat. 11 th(s note ia not paid ~t , matu~ity and the +sme is placed with ~n attornsr far eollcclion, the maker• and endorse~~ hereo( a~ree to pay all costa ot calleclion, intt~~din` all court eosts and rtawnable attorney fee~. ~ /sf Daniel J , y ~ ~ . W....McCarth ..........................................~ss~Lt _ ~ Daniel J. W.. McCarthy ~ ~ ~ ' artha H. McCarth ~S~... M ...................•-•.........._..................~......................_...........................ISEAL) . Martha H. McCarthy - and shall ~luly, promptly ~and [ully perfortn, disctiarge, e~~cute, ~[tect, complete, comply with and abide by each and every the stipuiations, agreemeiiu, conditions and co~•enai~u ot said promissory_note aud oi this mortgage, then this ~ortgage and _Y _ the estate heieby created shall cease and be null and void. Ie is understood that each of th~ words, "note;' "mortgagor" and "mortgagee" respecti~•ely and the pronouns referring thereto, whether iu the singular or plural any~rvhere in this mortb Qe, ~h;» M s:~oalar if one onl~ and sl~ali be plural jointly . a~id sevErally, iE more than oi~e, and ~hall be masculine, feminine and~or neuter, wherever die concext so implies or admits. ~ And said 1lfortgagor for himselE and his heirs, legal_repre.entati~•es, successors and assigns, hereby covenants and agrees ~ to and with said ~fortgagee, his legal representatives, successors and assigns: - ~ l. 'Y'o pay all and singular the principal and interest and the varic~us and sundry sum~ of inoney pay~able by virtue of said promissory noce. aud chis mortgage. each and e~~ery, promptly on the da~s respectively the same seti~erally become due. 2. To pay all and singular the taaces, asse3sments, levies, liabilities, obligations and incumbrances of ~e~•ery nature and kind now on said described property. and/or thai hereafter may be im~:osed, suffered, placed, levied or assessed thereupon, _ - and for tliat hereaiter may be le~•ied or a~.sessPd upon this mortgage and/or the i~idebtedneu3ecured herebjr, each and e~•ery, ~hen due and payable according to law, be[ore they became delinquent, and before any interest attaches or any penalty is _ ~ ~ incurred; and in so [ar as any thcreof is of record the same shall be pmmpdy satisfied and. discharged of record and tl~e or- iginal oificial document {such as, for instance, ihe tax receipt or the satis[action paper officially en~orsed or certified) shall be placed.in che ha~zds o[ said ~(orcgagee within teri days next a[ter payment; and in the e~•ent that an} thereof is not so - paid. satisEied and discharged, said \Yortgagee may at any time pay ehe same or any part thereof ~ithout waiving or affect- : ing any option, lien, equity or right under or by ~•irtae of thu mortgage, and the full amount of each and e~~ery such pay- - ~ ment shall be immediately due and payable and shall bear interest from the date thereof uniil paid at the rate of ten pcr . centum per annum and cogether with such interest shall be secured by the lien of this mortgage. . - - 3. To place and continuousiy keep on _che buildings now or hereafter sieuate on said land fire and wiudstorm insur- - ~ ance in the usual standan3 policy form, in a sum not leu than the highest insurable ~alue, in such cor.~pany or mmpanies as may be approved by said Atortgagee; and all such insuranee policies on any of said buildings, any interest therein or part ~ - 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 ecery, pa}~able to said ~iortgagee as his interest may appear, and each ~d every such policy ~ shall be promptly deli~~ered co and held by said \iortgagee; and, not less than ten days i~i adaance oE the expiration oE each ~ policy, to deli~•er to said Atortgagee a renexal thereof, together with a receipt tor the premium oE such rene~~•al; and there shall be no such insurance placed on any of said buildings, any interest therein or part thereof, uniess in the form and kith - the loss payable as aforesaid; and in che event any sum of money becomes payable under such policy or policies said \foregagee ~ shall ha~e the option eo recei~•e and apply the same on account of the indebtedness secured h~reby or to permit said ;~tortga- - gor to recei~•e and use ic or any part thereo[ for other purposes .wichout thereby waiving or impairing any equity, lien or right under or by ~•irtue oE this mortgage; and in rhe e~-ent-said ~tortgagor shall for any reason fail to k~ep che said premises _ - - so insured, or fail to deli~•er promptly any of said policies of insurante to said llfortgagee, or faii promptly to pay fully any , premium therefor, or in any respect fail to perform, ~ischazge, execute, e[[ect, complete, comply ~cith anel abide by tliis cov- enant, or any part hercof, said 1ltartgagee may place and pay for such insurance or any part thereof without wai~•ing or - aE[ecting any option, lien, equity or right under or by virtue of this mortgage, and t~he Cull amouni of each and e~•ery such - payment ~hail be immediately due and payable and shall bear interest from the date thereof until pa~d at the race of ten per centum per a.nnwn and together with such interest shall be secured by the lien of this mortgage. 4. To permit, commit or sut[er no waste, impairmtnt or deterieration of said property or any part thereof. 5. 'I'o pay all and singular- the costs, charges and expenses, including reasonable la;~yer s fees and cost of abstracts of title, inn.~rred o_ id at any time by said ~tottgagee because and/or in the event of the failure on the part of the said . •:liortgagor eo d,' rompdy and fully perfarm, discharge, acecute. ef[ect, complete, compi~ with and abide by each and ~ every the stipul s, agreements, conditions and co~enarits of said promissory note, and this mortgage, any or either, and said costs, charges and txpenses, each and every, shall be imm~diately due and payable, whether or not there be notice, de- mand, attempt to collect or suit pending; and the full amount of each and every such payment shall bear interest fram the date thercof until paid at the nce of ten per centum per aTinum; and all said msts, charges and txpenus so inturred or pud, together with such interest, shall be stcured by the lien of this mortga~re. _ _ - 8oo~~4U ~a~E~~65 ~ - J~ - -