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HomeMy WebLinkAbout1564 x • f and shall per~orm, camply u~i~h nnd abide 6y ebch and ei~e?y the agrepments, stipulations, conditions and co~~enants thereoJ, anc~ of fhis mo?tguge, ftien Itiis morfgagp ane~ Itie estnfe {~ereby c?eatecr, stin~~ cewe. de- Iermin~ and 6e nul~ and i~oid. ~n~ Ihw mortc~nc~or he?rhy ~urt{~er coi~enants ant~ agrees to pay promptly when dtu fhs principal and infernsf and of~er sums oJ money pronide•d ~or in saic~ note and Itiis mo~tgage, or eit~er: fo pay a~~ und si~~ular the I~.rps, nss~ssme?tls, IPVIFS, liabilities, obli~ations, and encum6ronce's oj every nature on said pro- perly: to pcrmil, rnmmit or su/fer no u~aste, impairme?it or deleriorafion o/ sait~ lanc~ or the improt~ements ~ t{~ernon ot nny lim~: to kPPn ~?~p 6uildings notn or hpreafter on said ~and jul~y i~suret~ in a sum o~ nof ~ess ~ ~han highest insurable value ; in a company or companies accppfnhle !o t~~e morlgag~e, fhe po~icy or po~icies !o he held 6y, nnc~ puyn6le to, said morfc~aqee, an~I in the ei~ent any sum o/ ??lO/1Py 6Pf0111PS paya6le by airfue o~ such insurance the morl~at~P~ sha~l ha~~e Ihe right to rc~•eii~e and apply t{~p same fo the inde6tedness I~preby s~~ed, accounting to f~~e mort~a~~or jor any surplus; fo pay a~~ costs, ctiar{ies, and expenses, inc~uding ~awyers fees and tit~e sParcl~PS. rPasonal,~y in~'nrre~ or pai+{ E~y f~~e morfgnyPe ~pcaiue of fhe ~oilure oJ the morfgaflor fo prompt~y ana ~u~~y comp~y ioit{~ I~~i~ ~{~rv~•me~~ts, sfipulafions, cunclilions anc~ covenanfs oJ sai~ nofe an~ fhis morfgage, or eil{«r; to per~orm, con~ply u~itl~ ana a~~i~~F ~)V PAC~ QII~ e~~ery ftie agreemenfs, stipu~afions, condifions and co~~ennnfs sel JoN{~ i~~ snic~ nof~ an~ f~~is mortc~age or eiftier. ~n f~e event the morfgagor jni~s fo pay w~en due any lax, assPSSmPnI, i?~s..€F:i~~-e pr~mium or o1tiNr sum o~ money payuti~e hy ni?fue of said noft nnd t{~is ( morfga~e, or eilh~r, f~i~ morlgagee ?nr~y pa~ t{~c~ sam~, wifhout u~aiving or a~fecting ihe opfio~ to ~orec~ose or nny olti~r ri,qtil I~~~r~~uu~er, ant~ al~ such payn~~nts shnll bear intPrest (rom t~ate fl~ereoJ at the I~ighest lau~- ~ (u~ mlv I~~~~i~ a~~ou~et~ hy t~~~ ~a~ns o( t~~c~ Slaf~ o) Flori~~a. i~ pny sun~ oj mun~~ ~iPrnin r~~(~•rr~c~ lo {~e not prompf~~ pai~{ wiltiin fifteen t(nys next n~fer 11~~ sam~ br~•om~s due, or i( PAfI~ and ~i•~~?~ t{a~ aqreentenfs, stipulations. condifions ond co~enants o~ saict IIO~P A?1~ ~~IC morl~ac~~~. or PI~'IPr, (1!P Il(1~ r111~V PP/IO~/?IP~, compliecl U~I~II ~/1~ a6~d~ by, tlleR ~RP CII~IT@ sum mentioned in said nole, and this morf~~nge. or the entire balance unpaid I~ereon, shn~I ~orthwith or t{~prpa~tPr, af Ilu- oplion o~ fl~e morfc~agoe. ~~c~-ome ~~d 6~ crue and poyable, anything in said note or {~erein , to I~i~ ~ontrary notu~il~istnn~Iinq. Foilure~ f~i~ morft~ngeP to exercisa any oj ftie rigtits o~ opfio~tt ~erein ; i pmri~,~K~ sEi~~~ nof i•nnsfiluf~ a ~rai~~~•r aj ~np ri~~{~Is or apfions einc~er saic~ notP or Itiis mortgage acnu~ or ~ 1{~rr~~n(Irr ac-cruinq- I~ ~ II~r said morl,ya~~or l~ns I~PrPUnlo sipn~ and sealed these presents the ~ I ~n ~itness ~hereof f ~a~ ~n~ ~~~ar (irsl a~?orP u~riffer~. } I SignPrl sea~~~ and. ~P~i~~~r~d in Ihe ~fPSPfICP of : - - b , ~ I ~ ` : • 1 .C!~~c_/ _ " - - - - : - - - _ - ; - _ W E ~ 1 • ~ - - 11 - ~;c. , ~ ~-s..._ - , ~1 .I .G~:~.~C~ - - - - ~ - _ . - - _ _ - - ~ ~ - - r ~ S~isan J. We~ son ~ - - . - - - . . - - _ _ _ _ , ~ x { i - i ~ STATE OF FL(~R111A, e COt'`T1' OF MARTIN ~ - I HEREBY CERTIFY that on this da~, betor~ me, an ~ ' offi~er duh awhur:red in the tit;~tr a(oresaid and in thP Count~• aforesaid to tak~ acknowledQments, p~rsonally appeared William H. Watson and Susan J. Watson, his wife, to m~• known to M~ the prrson S d~scribed in and who ez~cut~d th~ for~qoin¢ instrum~nt and ttley acknowledqed bcfore mc that theye'xccuted the sam~. H'IT\~ESS m~ har.d and of(icial scal in thr County and Statr last aforcsaid this 19th day o/ ~ ~~~iOVE'~11~?e~ A. D. 1971 ' y ~ t . ~ a~,s'irt/~'f • ~;.~~~~u• . ~ . ~ . - . . ' , , . ~ ` ` ~ • ~ ~Yr'. t~ r~c.ls 1'~` t~ • - . - 4. . . - - _ - ~-~'~A ~ • ~ ~ ~ - -i: ~ ~t , = Notary Public - . : ~ ~ - ~ ~ My Commission Expires. : = ' t!` ' p ~ ~G : ; : - f tlEO R~D RECOR ~ , U:'~: : ; :~j.IUCIE COUNTY fl.A• yGT11R1 PUBUC. STATE Oi RORIDA AT LAlt~E : = -'~i~' ROGEp p~~TRA: V MY COMMISSION EXPIRES SEPT. 12, 1973 . ~CIERK CI~CUI~ COURT gpNp~p THRU fRfD MI. DIESTELHORST ; ~ i•~,•:. - - , ~~tECORC vEP.!fIEO = ~ ~ ~ v 29 tl 4o.A~'~ ~ ' ~ i -N~ I r~; ; ~ - i , 21958~ . s~aK ~.97 PAGE1562 j - ~ ~ , _ , ~