The URL can be used to link to this page

Home My WebLink About1228 . . ; e ~ : . ~ ; .~,ti,~ . _ '«?~w.~:hrxw~w~ . y ;---~~~~3F10~89--------- STUART, Florida. J`3nL1a1y----------------------- ~~90- y, ~ FOR VAWE RECEIVED, the undersigned, jointly and severally, PROMISE TO PAY to the order of___._____ t ; __D~I~..J:_N!S~~~S..~ils~_DQI~7I~C--J,-- -his-wifeF-----=------------------_---- • ; FiF~'~i_T~x~_~__~1_~Q4__-_---__----- ~ - DOIIARS, y ~ ; at - - . - ---..__.or such other place as the holder s~ hereof may designate in w~iting, together with interest f~om date at the rate of 1~ per centum per annum on the ti unpaid balance until maturity. The said principal and interest shalt be due and payable ~ i s in monthly installments of $161.19, commencing one (1) month from = the date hereof and continuing each month thereafter, until the ~ fifth anniversary of this note, at which time all accrued interest and principal will be paid in full. ~ r ; ~ : ~ ~ j. If defe~l~ b~ m~d~ fa 30 . dayf in tM paymenl of ~nr inttallm~nt o( Wincipal a~nr~r~u w ~ny pan rM~~o(, th~ wAol~ tium ?hen r~faug { j unpa~d wuh ~nter~~~ sh~ll at Aold~r'~ op ~~on Eccorn~ dW ~nd P~Y~EI~ wi~hpuf eo~ic~. f~ilv~~ ~o •a~~ou auch op~ion sMll nol c y~ q• wa~wr ol tM rpAt ~ ; ~u e.eruse ~Ae same ~n ~M sv~nt of ~~bs~q:»~~ d~(~~It. Ahe. nutwitq both prindpal and ucrwd intNnt ~MII bea~ iortr~~t .~~1~ p~r cenWm pM ~nnwn { • ~ni~i ~~d. TAt mak~ri and ~ndorNn of ~hia no~• turther wuw ~naed. ~o~in of p~~d at ma~unry ~nd t!N i• i t ~ non-WymeM ~nd p~aeN. If ~h~+ noN is no~ ~ pl~c w~~A in •normy fa colNction, th~ m~k~n ~nd «wlcnN• 1wr~o} prM fo p~y •II toats of coll~ction, inclvd~n9 all co~rt cwb and ru~a+~b{~ ~Itorn~y f~- ~ ~ ~t ony poymcnt is poiA mor~ thon 10 doys oftcr du~ then, m oddition 1o sold poym~nt, the moker sholl pay o LATE CHARGE of 596 0( Ihe poyrnsnf dut j o+ SS.00, wh~chtrer is less. This prov~s~on sholl rqf b~ construtd fo mo0~ty the defoulf provifions herHn w tht ~rft~reyf dut otttr Q~foult. { ~ [ t . , ; D ~ ` . (SEAL) ~ 7C~~E.-~'L~i~]'LE`P'I,~i i : , - . : : (SEAI~ . . ~ ......~.~..ti•.. . - . . ~a,t?t~~z,ti.y~.~y.p~,y.: s and sha11 duly, promptly and fully perform, discharge, execute, effect, completr, ~~omply w~th and ebide by each and e~•ery the sLpulations, agreements, conditiuns and covenants of said prunus~ory note and of ttus mortgage, 4 Lhen this mortgage and Lhe esta[e hereby created shall cease and be null ana ~•o~d. ~ , It is understood that each of the words, "note," "mortRagor" and "moRgagee" respectively and the pron- t ouns referring thereto, whether in the singular or plural anywhere in thfs mortgage, shall be singular ff one only and shall be plural jointly and severally, if more than one, and sh:?!1 be inx.sculine, feminine and/or neuter, wher- ever the context so impl~es or admits. And safd Mortgagor for himselt and his heirs, legal representati~•es, successors and assigns, hereby coven- ' ants ana agrees to and wiih said 111ortgagee, his legal representatives, su~ct~ssor:9 and assigns: ! ~ 1. To pay ell 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 all and singvlar the taxes, assessments, le~•ies, liabiGties, obli~ations and incumbrances o[ every ~ k nature and kind now on said descnbed property, and%or ihat hereafter may be imposed, suffered, placed, levied = E or assessed thereupon, andior that hereafter may ba Irvied or ass~•ssed upon this mortgage and/or the indebted- ; ness secured hereby, each and e~~ery, when due and payable 8crordinR to law, before they become delinquent, ~ and before any interest attaches or any penalty is incurrr~; and in so far as anv thereot is of record the same t shall be prumptly satisfied and dischar~rd of record and the onkinal o[f~ciat document (such as, for i~istance, ? ihe tax receipt or the satisflction paper u(ficially en~iorsed or rertitied) shall be placed in the hands of sa.id ~ :~tortgagee tt~thin ten days next after ~ayment; and in the event [hat any thereo[ is not so paid, satisfied and discharged, said riortRagee may at any time pay the s:ime or any {~art there~f «•ithout wai~~ng or affecting 3 i any opti~n, lien, equi[y or riRht under or b~• ~-~rtur of th~s mort~aRr, and the full amount of each and every ~ ~ such payment shall be immediately due an~t ~~ay:~bie an~1 shall Uear in~crest from the date ihereof un[il paid [ at the rate of ten per c~~nturn per annum an~i i~~~eth~r with such interest shall be secured by the lien of this ~ mortgage. ~ 3. To place and contlnuously ke~p on the bu~ldin~;s now or hereafter situate on said land fire and windstorm ~ insurance in the usual siandard poli~y form, in a ~um n~t less than a . in such com- ~ pany or comp- ~i~,s as may be apprr~ved by sai~1 Ainrtna~~~e; an~1 zll yuch insurance p~licies on any o! said build- ~ ings, any interes[ therein or part thereof, in the n~;G-r~•~:ate sum atore~ald or in excess thereof, shall contain [he usual standard mnrt~agee ~lavse makin~ tt~e l~~~s ur.~i~~r srud poLcies, ea~h and everv, payable to said rtortga- ~ gee as his interest mat• appear, an~i each ar.~l e~•~~; su~ h pnlicy ~hall be prompUV deli~•ered to and held by said 1lfort~agee: and, not less than ten ~lays in ad:~anre ~f the Pxpir;~t~~~n of each policy, to deliver to said :~tort~a~ee a renetva! thereof, to~ether vt•ith a rece~pt t~r thP prPmn~m nt an~•h r~newal: and there shall be no such insur- ~ ance placed on any of caid buildinRs, ar.y intrrc•st therein or part thereot, unless in the form and with the losa payable as aforesaid; and in the e~~Pni any sum of m~mey bPCOmes payable under such pollcy or policies said ~ Mort~;a~ee shall ha~•e the opti~~n to receire and aPply the sam~ nn account of the Indebtedness secured hereby or to PPrmit said :ltort~a~or to rereivP nnd uce it or any par[ thereot for other pur~~oses without thereby wai~~ing ~ or impairin~ an~• equity, lien or ri~ht under ~r by ~•irtue of this mortga~e; and in the event said MortgaKor shall for any reason fail to keep the said pren;~v~s s~ insur~d, or fail to deliver promptly any of said policies of insurance to sa~d Dtortga~ee, or fail prompUy to p;~y fnlly any premium therefor, or in any respect fail lo per- form. d~schar~e, exeruie, effect, complete, comply ~i-ith and abi~_ie by this covenant, or any part hereof, said Dtortg- ageP may place and pay for such insurance or anp ~art there~f with~ut a•ai~•ing or atfecting any optinn, liPn, ~ eq~ity or ri~ht under or by ~•irWe of this mort~a~;c, an~l thc full amount of each and every such pAyment shall be immedistely due an~i pa~•able and shall bear int~re~t from the date ther~of untll paid at the rate of ten per centum oer annum and toKether with such fnterest shall be aecured by the lien of ihta mortga~;e. ~ ! 4. To permit, commit or sufter no ~ra.yte, imFairment or deterloratfon ot satd property or any part thereof. ~ 6. To pay all and sin~,*ular the costs, char~es and e:cpPnses, includ~ng reasonaDle law~yer'e tees and cosi of ~ abstracts o[ tiUe, Incurred or patd at any time by safd Martgagee because and/or tn the event of the tallure ~ on the part of the said biortga~or to d~~ly, promptly and tully perlorm, dlacharge, execute, effect, complete, cemply w~th and ablde by each and every the stlpulatione, agreementa. ~ondiUons and covenante of said promis- e eory note, and thi~ mort~age, any or efther, and sald cost~, chargev and eapenaes, each and every, ahall be tm- ~ nnediately due and payabie, whether or not there be nottce, demnnd, attempt to collect or ~ult pending: and the ~ full amount of each and every such payment shall bear intereat from the date thereof untll pald at the rate of # ten per centum per annum; and all eafd costs, charqes and expenaes eo Incurred or paid, together with euch in- ~ terest, shall be eecured by the lien of thf~ mortgage. ~ BOOK V7~ PAGE~~28 . ~ ~ M.~ ~ i=~.~;,,;~~. , _