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HomeMy WebLinkAbout1366 an~ shall perfo~m, rnmp~y with nntl ablc~e 6y eoch anc~ every t~ie a8?eemenls. ~flpujalIon's, conditions a?~ conenants the~eoj, and oj Ihis mortpas~e, t/~en this mwtgage and the eitats here6y c?euted, sl~al~ cease, dt- termine and 6e null and irotd. ~ fhe morlga{~or {~ereby ~urt~?er c~oue~anfs and agr+ees to pay promplly when due the princtpal and inle?esl and olher sums oj money provic~ecJ ~or in satd nole and I~is morfgage, or etlher; to pay aI! a~nd singu~ar the taxps, assessments, I!'VIPS, I~abil~tt~, ob~igationa, and er+cumbmncea o~ euerp nafure on satd pro- perty: to permit. rnmmit o~ su~(er no waste. +ImpaErmen! or deteriorafion o~ s4id land or the improuemenb ftierecn at any ~tme; fo k~p fJep hutlclengs nou~ or herpo~l~r on sald land ju~~y inswed in a sum oj not jssa ~ha.~ the highest insurable value. in a company o~ companies accpptab~e lo ihe mortgagee. fhe po~tcy o~ po~icies fo be he~ by, and payabl. to, said mortgugee, an~ in f~e event any sum oj money becomea ~ya61~ 6y ulrlue of auch insurnnce t~e mortgagee s1~n~~ ~ave fhe r~g~t to receiae and apply tl~e snme to tke inde6tedneu f~ereby secured, acc~ounting lo t{~e morigagor for any su?p~us: to poy a~~ rnsts, c~arges. and etpenses, inc~uding ~nwyer~s ~ees anc~ fitlt senrctips, reasonably incurred o~ puFd by tF~e moNgagee because o~ the ~nilure o~ (he mor(gago~ to prortt~t~r ancj (uQy eomp~y with the agreemenfs, stipu~aiions, conclittons ancl coaenanta o~ sate~ note and t~ls mortgage. or eil~er: to per(orm, comply wilh ond abide by each and every fl~e agreements, atJpulat~ons, ~onditlons and covenants sef jor(ti in said note and this mortgage or either. ln tl~e euent the mortgagor foi~s to pny when due an~ta~r, assessment, inaurance premtwn or otl~er sum o/ money puya6le by virlue oj said nole nnd thiu morlgcege. or either, f/~e morfgagee may pay I~e same, wit~ouf watving o~ ctf~ecting fhe opfion ta (orecjose or any other right hereunde~, and all sucl~ pnymenta a1~all 6ear inle?ea! jrom dnte tl~er~eoj at the higF~est law- /ul rate then allowed 6y the lau~s of tF~e Stafe oj Florida. 1! any sum of money tierein re(erred to be not pro?nplly paid withirt j Q daya next af ter ttie sarne bpc-omes due, or i~ ench and e~e?y the agreements, stipu~afioru. eoru~ifions and covenants o{ aatd note an~ this mortgnge, or eit~er. are not jul~y per~ormed. c~omp~iec~ with and abtd~d by. then t~e entim aum me~tioned in said note, and tl~is mortguge, or the entire 6alanoe unpaid tl~ereon, shall. (atKwitl~ or the?eajter, ot ti~e option oj the mortgagee, become and be due and paya6ie, anytl~ing in said note or I~e~ein to the cont?nry notwifhstanc~ing. Fa~lwe by t6e mortgagee to exe~cise any oj the rights or options heretn provic~ed s{~a~~ not constilule a waive~ of any rights or opfions under snid note or fhis mo?tgage accrued or t~ieren(ter accruing. ~n ~~lll~ the saicl mortgugo~ has heneun[o signed and sealed these pr+esents the clay anc~ year f i~st aliove wriUen. r Stgne sealed and c~pli~~erecj in the presence o/: ~ ~l . - - ~ ~ ames J. • eg ~n '-~~c~=.~-s...~J- - - ~ ,Q ~ . .1C.7c2~u/~~r~se~... _.:.:.Cl~ - Barbara J~eighan - STATB OF FLORIDA. ~ courrr~r oF Palm Beach , I HEREBY CER'I'IFY Uuc on this dar, before me~ an otticer duly authorized in the State aforesaid and in the County aforcsaid to take acknowkdgaxnti~ persanally appeared James J. Deighan and Barbara J. Deighan, his wife ! fo me known to bc the persoe~ described in and who executed the [oregoina imtruaxnt and they acknowkd~ed ~ before me that they executed the same. ; Wl7'NESS my hand and official teal in the County and State lut aforesaid this 24th day oI ~ July A. D. 19 72. ,•~,::~~it , ~ ~a~ ~ : ~ . :r, ~ =i ~e~y if ~i, • ar ~Publinc State _i~€ ~~~~.a - ` ~ ~ ~ , ommission expir~ J= c-~ - f NOtARY PU(ll«. S7ATE of f16 ~..v~+r.~'~ ` ' v'`` This instrument prepared by' My ~MM~~pM EXPIRES SE~'i-_•"f~.' ;"4 J~`; ~ ~ YAYMARp 1~ND~v ~ 'K~~'- - Ric har d D. Snee d, Jr. Esq. ~ D~° T~~v . - PO Box 1000 ~ q_~ 7-7~ ';•r.rt..,;,,; t~.. . Fort Pierce, Florida, 33450 . f 1~0 A1tD ~EN~ ~ f~.1.11~~E a0U S~s . ~ ~04E ~ Ut~ C~111~t S` ? ` CLEA Y~ }f 1f0 ' T/rrs I~ru~ncnt prrpaad by: "Eaoao 1Z - ` ~ SD ~ ~ i Add,~ ,M~ I'~ ~ 2~~9 ~ ~~04 ~13b~ ~ a'~~~,~-= - - _ ~',x:.: F -x-,•,. '