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Home My WebLink About0381 f ~ : , _ Fort Pierce,.~tarida, 19~.... ~ ~or vatue received~ 1." vre ar eiti~e~ of u~, promisa .!o RaY. :~itawat dafalcdtlon. !o : the w~dar of : - ti - Pierc~ Flo~tda T _ - - : ' in _ _ ? . the sum of ~ is~# ~ ~ ~ pK~Lt.?~1RS _ : ~ , , . . ~ . . ~ - ' l~ . • - - . ' ~ . ~ ' . : 4~.' , ~ it. . : with interest f~~n cl~te at tfie ~ate of - 9~6' pe~ a~num,~ !n - tnstai~rients ~~s `fol~rs. ' : ~.~l~l~.~ on the ~~_~.doY=cf ~ - 19-~ aiid s tlke sum on. the ~orrespor?di~g cb~y af each like succeedin$ perir~d thereafter.~a?NI tfie whote bs fulty pa{d ~ E+Sh ImtalmeM tirst +hal1 i~d IMp~m of tl+t iM+trit vnd tMrL on tF+~..unp~dd bd~nt+s pf ffti11. PrM~cIA~ itAn. if• dNw~it h : n?+de in rM wr~+r of.~+ y~n?~m.a?t when d~ue tt+.n ar tr~. optton a rM hota.r, ~a wlrhout arry rotter, att fi,a ° Instilme~h shall be dua and p+y 1~ at once. . Prtv'i M{Iwn to 'pay twa 'o~ rtAOf~ •(rti#M+norMs : ~t •+nY~~rlt hokl~~~ ' ~ this shall ilot .xftpd tho tinl~ ~m~twifY of +r~f~ ~4u~+t I~1i1+1fent. NNtM~ for4~~rancf. ~ accvptanc~ 6y t1K ~ anY•deiwk tn. enY P~Ym~nt 1+~t~on.~ slwi! b~ d~aeNd'~xtsrNbon, - . . . ti ~ _ ~ . Es~ mdktr, wHty end ~+dor'Mr Mt+Of~ and s~Wnllr~ vrs (ves ~d6m~nd. p'q~nfnrNnf piot~st ~nd ~ nOtIC~ ~of T PrvtNt' {Or e0R• > omneM and. furtFwr aerees to brni. ex~ ti+rn of P+Yrt~nt.: NtMr ot. aftvlr maPur ~ cqslc~ td a~1~! d w., aM fo pry atl: costs .of cWlictiors,, I~d app . benqf~t of harn~sfead • s ro mnr+wy~a te~ tM a~w~r vr ~ny aR~wi t~- a. - ~x+.~~r? a t~g~t+~iH r? K '~r«+ w~a+? e+~i o~~tiru+ta+ «,e 4.w. ot ~.d, sr,n. of. th. urJt~.a sr . ~~f ~ ' ~ - . . . - _ s . ~ . !ra~w~e~ arf e~ . . -~a~~?~so~t, I~I. ~F ' ,t~r tSEl1U - to ~?s~i~tm?i ~~+ot~ ~d c~taQeltsd • : - ~ - - , . . ~ : _ - - ~ _ . . . ,4 , - . : ~ ` _ . ; _ , ~al - . ~1~a~t tgEAL~ and shall duly, promptly and fully perforrn, discharge, execute, effect, co~npletc~, comply wlth and abide by each and e~•erp the stipuiations, agreements, conditians and covenants of said nromis~ory note and of this mortgage, Uien this mortgage and the estate hereby created shall cetsse and be null and void. It is understood that each of the tivords, "note," "mortgagor" and "moCtgagee" respectively and the pron- ouns referring ihereto, ~vhether in tl~e singular or plural anywhere in thia mortgage, shall be aingular if one only and shal! be plural jointly and severaliy, if more than one, and ahall be masculine, feminine and/or neuter, wher- ever the coi?text so implies or admits. And said Mortgagor for himself and his heirs, legal representaUves, successors and a.gslgns, hereby coven- ants ana agrees to and ~vith said riortgagee, his legal representaUves, successors and assigns: 1. To pay all and singular the principal and interest and the various and aundry aume of money pA;able by virtue of said promissory note, and this mortgage, each and every, prompUy oii the days respectively the same severally become due. 2. To pay all and singular the taxes, assessments. levies, liabilities, obiigations and incumbrances of every nature and kind no~v on said described property, and/or that hereafter may be imposed, suffered, ptaced, Zec~ied i_ e....:_.a .i . n 4h~7~ m~rtoovn a rl/~lr ~}tR in~Phted- OT assesse~ tnereupon, andior inai ilereriiier Feen;y ue icwicu ^v,- ^w^,S~S~~,. :y^~.. _o_o_ rZ_ ness secured hereby, each snd every, when due and payable according to law~ before they become delinquent, anci before any interest attaches or any per.atty i~ incurred; and in so far as any tY;ereof is of record the same shall be promptly satisfied and discharged of record and the original official document (such as, for i~istance, Lhe tax receipt or the satisfaction pager officially endorsed or certifie3) ahall be placed in the hands of said biortgagee within ten days next after payment; and in the event that any thereof is not so paId, satisfied and discharged, said Tiortgagee may at any time pay the same or any part thereoi v~zthout waiving or affecting any option, lien, equity or right under or by viriue of this mortgage, and the futi amount of each and every such payment shall be immediately due and payable nnd shall bear interest from the date thereof until paid at the rate of ten pei• centurn per annum and together with such interest shall be secured by the lien of this mortgage. 's. To place and continuously keep on the buildings now or hereafter sltuate on satd land f~re and windstorm insurance in the usual standard policy form, in a sum not less than ~....s,.~~O.e.Q~ in such com- pany or comp::nies as may be approved by said Tiortgagce; and ali such insurance po1Ic[es on any of safd build- ings, any interest therein or part thereof, in the aggregate aum aforesaid or In excess thereof, shall contain tho usua] standard mortgagee clause making the loss under said polIcies, each and every, payable to said Diortga- gee as his interest may appear, and each and every such policy shall be promptly delivered to and held by said 1~Iortgagee; and, not less than ten days in advance of the expiration of each policy, to deliver to said biortgagee a rene~val thereof, together with a receipt for the premium of such renewai; and there shall be no auch insur- ance placed on any of ~aid buildings, any interest therein or part thereof. unless in the form and with the loss payable ss aforesaid; and in the event any sum of money becomes payable under such pollcy or polictes said Mortgagee shall have the option to receive and appiy the same on account of the indebtednesa secured hereby or to permit said biortgagor to rece3ve and use 1t or any part thereof for other purposes without thereby wtuving ' or impairing any equity, 1[en ar right under or by virtue of this mortgage; and in the event said biortgagor aha.ll , for any reason fail to, keep the said premtses so Insured, or fa11 to dellver prompUy any oi said policies o! insurance to ~aid 1liortgagee, or fail promptly to pay fully any premium therefor, or in any respect fail to per- forin, discharge, execute, effect, complete, comply with and abide by this covenant, or any part hereof, said 2lfortg- - agee may place a.nd pay for euch insurance or any part thereof ~vithout waiving or affecting any option, lien, equfty or right under or by virtue of this mortgage, and the full aq?ount of each and every such payment shall be immediately due and payable and ahall bear interest from the date thereof unttl paid at tha rate oi ten ppr centum per annum and together with euch interest ahall be eecured by the lien oi thie tnortgeg8. 4. To permit, commtt or autler no wa~te, impairment or deterioratio~ oi aatd property or any part thereo~. 6. To pay all and aingulsr the coste, chargea and expenaea, including reasonable lawyer'e feea and coet o! abstracte of title, incurred or pald at any tirne by said Mortgagee because and/or in the event oi the !allure on the part of the sald Mortgagor to duly~ promptly and fully pertorm, dlachargg~ execate, etiect, complete, comply with and abide by each and every the ettpulattone, agreamente, condltiona and covenanta oi eaid promia- ' aory note, and thle mortgage, any or either. and aaid coata, charges and expenaee, esoh and every, shall be im- j medlately due and payable, whether or not there be nottce~ demand, attempt to col}ect or eult ganding; and the ~ : iull amount of each and every auch payment ehall bear interest irnm the date thereoi unW paid at the rate ot ten per centum per annum; and all aald coata, charges and expeaae~ ao iacurnd or paid~ together with auch in- tereat, ehatl be eecured by the lten o! ihie mortgaga. aoo~ 1~5 3~~.