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HomeMy WebLinkAbout0480 and shall perJo?m, corr~ply will~ and abide by ench and every the agreemen~s, stepulations, condlJtont a~d covenants 1~?e?eo~, and ol ~I~is morfgage. Ihen t~tt a~ur~guyv und f~a estate ~eredy crn~lecr, sl~~l~ cpass, de- tennine and be null and uoid. ~ the moNgugor I~ere6y jwther couenants und agwes ~o pay promptly whan due fhe prtnNpal and interesf anc~ ofher sums o~ money provtdec~ ~or in tatd note and this +nortgaQe. or eit{~et: to pay a~~ and singulnr Ihe taxes, assessments, Ievies. Iiabilities, obltgutions, a~d encum6ronces o/ euery ~ature on snid pro- perfy: fo permit. commi! or su~ler no u?Qate, impalrment o~ deterioralion of satd land or the improve~nenls thereon a~ any time: to keep !{ee buildings now or hereajler on so~d land JuIIy lnsured In a sum of not less • ~i~e~ the full insurable value, in n com~ny or companies acceptable to ihe mortgagee, the poltcy or policies to be I~e[d 6y, ond ~yabie • to, said mo~tgagee, and in the eveni any sum oj money 6ecomes ~ya6le 6y virtue oj such i~uurance the morlgngee shnll have the right to receive and npply the same to t6e indebtedness here6y secured, accounting fo !he mortgagor ~or uny surp~us; to pay a~~ cosfs. c~arges, and expenses, incjuding ~awyer s~ees and !Fl~e searches, reasona6[y tncurred or paid by tl~e mortgagee because o~ the /atlure oj t1~e moregagor eo promptly a~~d juHy comply tutll~ t~e agreer+sents, stipulations, c~ondttions and eovenanta o~ aaid note and thb moMgage. D:!~pr- oe?lo?m. rnmnlv wi16 and abide by eac~ and euery ~he agreements, stipulations, eonditions and ~ covennnts set forf~ in saic~ note and lhis morfgage or eIther. ~n tke event the mortgagor %aiis to pay when - due any ~ax, assessinenf, insumnce premium or ofher surn of money paya6le by virtue o~ sai~ ~ote and ttiis morlgage, or either, the mortgagee moy rxiy the sorne, wit~out wnluirtg or af~ecting t1~e opfion to ~orec~ose or any ot{eer right hereunde~, and all suck paymenls shall bear interest jrom date thereo( nt tl~e 6igl~est Iaw- juI mte fhen allowecl 6y tl~e laws o( the State o( Florida. ~L any surre oJ money tierein reJerrt•tI to Ge not pro:npl~y paid within thirty dapa next n~ter the same 6ecomes due, or i~ eacl? and every the ngreemenls, stipulalions, condilions and covenanta o( said note and Ihis mortga9e, or ei~her, are not jully perjonned, complied wilh and a6~ded 6y, tlun t/~e entire swn mentioned in said note, and this ?nortgage, or the entire 6nlance unpaid ther~eon, sha[l (o~l.wt~h or the?eajter, at t1~e oplion oJ tl~e mortgagee, 6ecome and be due and paynble, anything in said note or herein to the conlrary nolwithstanding. Failu~e 6y t~ie mortgages to exercise any oj 1he ?ights or options heretn proqi~ ' ot constitute a waiuer o( nny rights or options uncler saic~ note or tf~is mortgage accrued or j" ~ ~ ~s;~~ ~ ~ ?r~ ~~i~.~* : : ~ ' ~ ~`;~~l~,)~~;. T_~:~1: ';~ti - t if~` _4:,_ •::D~.~ : . ;l~: ; ~ , i;~_~~~c~ . ' . . .s.:;-.~i ~.s. _ 'r''.` ~ r~ f . ' i.^~<`'' . . . _.~l . ~`~lj`t`t:\ • • ~ ~n ~~~n~ !he morl a or ~as caused fhese resenis to ~ . ,~G~QRATF. 9 9 P ' it`.• s' S~AL) ~e execufed in its name, anc{ 1ts corporate sen~ to be hereunto af f ixerj, by ~a ~ , proper o~(icers [hereunto duly au~horized, the day and yeQr /irst njioae writfen. f ( ATTEST:.... ~.n_~._~~..-~..---=~.: _..~?,n,~-~.~->:.--~ s~~_._~~_.~c~~,~x.__..~~..-----.-.-- sK~.ry xit $igned eal an~ c~e~iuereK{ in tfie p ence o~: By----------------------•--- - - - - i~~iu°c ~ couN~r ~~i°?. . . ROGE~ %OtTRAS ClERK Ct :~~iT COURT fi RFCOR:, VF4~fiE0.~..~,~ ~ M~r 9 12 Zo PH'7Z ~ ' ~LAi~ OL FLORIDA . , ~ ` 2~ss , ~VUI~~ O[ PAI~M BEACH ~ 1 HERERY CERTIFY ~60~ o.~ d~ dar. b./o~ ~ oJ/~. d~.lr awbo.r~d ;n rh S~ o~d Co~,~y o/ae,od a~e oJ.~o~ot.dy- a.~,.~tt~ ~~~t Worley L. Sewell, Jr. and Frances S. Brown ~ wrU 4nown lo mr ~o be 16~ Pn~idrnl and Seeretary napeciiaejr v I morlgagor in ltit jortgoing insln~menl. and Itiol ih.y ssrero~~y ac~enou~edged r~eculing Itie sarne. in I~t pnfen[x o~ luro wbsc?ibnp witnesses. { ~rer~y and trolunlorily urulrr aulhwily du~y r~s1e~1 in Il~em by said corpwulion and t1~et Itie seo~ a(~ixed tl~ertlo is Itie fnr cwporolt sear o( ' soid corporatiow. ! WfftVF_SS my 6onJ and o~(u~d seol i~ tlK Coun~y ~d S~ate [a~ oJonioid ~6is dn ~i~;,.'~,~~;~/ ~ ; ~ n. n. ~97 2 . • : " -~01 ' " . i , ~ ~ ~ ,C' - ( ~.r . _a . I ~ • ~ _ ' _ ~ ' ' - • • " , t~ E • a_. . - i - •~32 . ~ ~:t:~`~C~O~ Q~G: ---Public ' Notary , Stat~v ~p~~ ~r- At Lar e - rJ~l_. q'A THIS INSTRG'~E~:T YlA$ P6fPARED BY ~j . . . .;_~.;~+1i ! CHARIES P. NOUS~ON, tAAYER ~ t ~ ~ , P. 0. 80X 1171 WEST VA1M BEkCH. flOR10A 33~01 ~ ~ ~ COmm133).011 expires ~ 33 0 + 1 %is hulrrn~rcu~ pnrpnrrd h~': ~ ~ AJ,In ss ~ ~ U ~ ~~q ~ ~ s001c G?V~ rAGE ~