HomeMy WebLinkAbout1555 antl shall pe?jorm, comply witlt and abide 6y each and every tl~e agreements, slipu~ations, rnndilio?u and
co~~enants Ihereo~, and o/ thts mo~tga~e, ihen this mortgoge and ~h. esfate I~e.e6y createcl, si~ull cense, ds-
te?mina o~d 6e null and aotd. ~
~n~ Ihe mo~tga~or hen+6y /uN~er c~ovennnb and ngrees to pay promptly when due t1~e p~incipot and
I~teres! and ofhe? sums of muney provided (or i~ satd note and tl~is mortgage, or e1ll~er; fo pay alt and
singular tl?e taxes. assessme~ts, levies, liabilities, obligalio?u, and encum6~nces o~ every nufure on said pro-
perty; to permit, cummit or sujJer no wasle, i?r~pairment or deterioralion oj said Iand or !he improvemenls
thereon at any timr; to Ireep tf~e bui~din~s now or 1?e~a/ter on satc~ lantl fully insure~d in a sum o/ not less
~ha~ highest insurable value -
in a company o? companies ac.ceptable to tl~e ntorlgagee, t{~e Poti~y or policiea ta be held 6y, and pnya6le
to, saic~ mortgagee, ana in the ei~enl any sum of money becomes ~yabl~ 6y uirtue o~ suck insurance ftie
ireortgagee shall ?~ave the right to rec~i~~e a~id apply tl~e same Io t{?e inde6tedness hereby serured, accounting ~
to i~e mo?fga~o~ ~or any surp~us; to pay a~~ costs, c~arges, and expenses, including ~uwyer~s fees and ti1le
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searcties, reasoRn6ly incurrec~ or paic~ hy f~e mortgagee ~ecause o( ftie ~Qi~ure oj f~e morlgagor to prompf~y i
~ anc~ ju~~y comp~y wilti the ngreemenfs, stipu~aiions, conc~iiions anc~ corenanfs oJ saie~ note anc~ t~ia mortgage. ;
~ or either; to `perform, eomply wi[h and abide 6y each and every the agreements, slipulations, cona~itions anc~ ~
covena~ts set ~ort{~ in said note ancl If~is morfgage or eifher. ~n Ihe event f~e mortgagor ~ai~.s fo pay when ~
due any tax, assessment, insu?ance premium or other sum o/ money paya6lp by uir?ue oj said nole and ?his
mortgage. or eifher, the morfgagee may pay the same, wit/eout wQfving or a~Jecfing the opfion to forec~ose
or any ot~?er rigi~t hereunder, artd all st~ch pavmen~a s1eaU 6ear interest {rom dale thereoJ nt !he higl~est law-
~ul ?ate then a~~ou~ecr f~y fhe ~au~s o/ l~e Sta1e o/ t'~ori~n.
j any sum o~ money 1~ereu~ re(prrecj to be no! prom 1~
p y paicl u~ithin Th~ 1"tJ~ ( 3O~ days next a/ter
I the sume becomes due, or i/ each ancl c~~~ery tl~e agreerreents. slipulntions, conditions and covenants oj said
' note and this mortgage, or eitlier, arp not fully performed. complied with und ubic~ec~ by, t~en tl~e enti~e
+ sum nerr+tioned in said note, and Il~is morlgage, or the entir~e balance unpaid thenwn, sl~ull Jorlhwitl~ or ~
tl~ereuJler, at the oplion oj the mortqagee. 6ecome and 6e due nrid paya6le, anyt6ing in said note or herein
to f~e confrary notwit{?sfnnding. I=nilurp 6y ehe morlgngee !o exer+cise any oj lhe rig~ts or opf+tons ~ierein
~ provided sha~~ not constilufe n u~aii~er o~ any rig~ts or options unc~er snic~ note or I~iis mortgnge aCcrued or
~ Ihereofter accruing.
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~ ~n ~~tness ~hereof~ ~1~e said mortqagor has hereunto signecl and sealed tF~ese presents tl~e
c~ay anc~ yenr f
irsl above «~ritten. `
Sign d, sea~~ ncI cleline in ihe presence o(: ~ ~
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J~'"r''~ ~ ~ S TLLI ~ ~
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s EIEANOR SCHIL
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STATE OF FLORIDA. ~ I
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i~ COL!NTY OF MARTIN ~
1 NEREBY CERTIFY that on this day, beEore me~ an~
o(ficer ~ly autho~ized in t6e State a[oresaid and in the County a(oresaid to tak~ acknowledgments, prnonaUy appeared
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JAY VA! SCHILLING and ELEANOR SCHILLING, his wife,
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to me known to b~ the penonS described in and who ~xecut~d the lorcqoinq instrum~nt and tFt@~/ acknowledged
1~ before me that the3/ ~x~cuted the same.
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i~ H ITNESS my hand and oi(icial seal in thc Counry• and Statc last aforcsaid this ~'y~~ day of
~ ~8vdnbsr, A. D. 19 ~2.
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s~ NOTARY PUBLI
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i~ My Comnission Expires:
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St.LUCtE COUIiTY FtA. S• J~Y1L~
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CLERt ~ti'•-~CUiT COURt ~I
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