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HomeMy WebLinkAbout1355 ~ nnd shall per~orm, c~omp~y wtlh and a6tde by ~ch and e~~ery tha agreementi. dlpu~ationi, condttiona w?d ' S coaenants thereo/, and oj Il~is mortgn~e, then tl~b mo?tgngs and Ik~ ettat~ I~ero6y created, ahn~t c~ewo, dw ~ te~mine and 6e null and votd. " ~!he mortgaflor he~ubr (urther covenanls wuI ugroea to pay Promplly wl~en dw fht prtncipal wtd tntereai and oth~ sums o~ money prouide~ ~or in ~atd rtote nnc~ thb n~oNgape. or eilhsr; to pay au ~ iingu~ar t~e taxe~. assessmenls. ~eutes. Iia6tli!les. o6~lgalton~. ~d ~~~.m6~., o~ every natun on iatd pru- perty; to pa?mif. commit or :uj~er no u~wte. impalrment or deterioratton o~ aatd land or ~h~ i~?prouQmenb therecn at any fime: to ke~ep the buI~tngs now or ~errafte~ on satd land Ju~~y l~uured !n n sum o~ nof ~esa full inaurable value in n company or compantes accrptable to tlee n~eortgoeee, !ke poltc~r or policiea to 6. held 6~, nnd payabb to, said mortgagee, anc~ in the event any sum o~ money becomet ~ya61e by vtrtue b! tuc~? i~surance f~t mo?lgagee slecU have tl~e rlght to receive and npply the sams to tke inde6tedn~ss hare6y securad. accounttng to fhe morfgapor ~or any aurp~iu: eo ~y a!! ~w~:. c1~4rgea. and experues, inc~uc~ing ~aw~ s`ees and tltlt searcl~es. .e~ona6ly tncw~d o~ ~xitd by the mortgagee becnuse o` t~e Jai~ure of t~e nwrtgagor to prompt~y and Ju~~y comp~y will? tke agreements, stipu~atiorw, conditions and c~ovenants o~ satd note and lhis mortgage. or either; to per~orm, comply with and a6ide 6y each ar~d every the agree~nen4. sttpu~altons, condittons and covenants set ~wl~ in said note nnd this mortgage or eit~er. ln the s~?en! tlee ~ortgaeor j~~ eo ixiy whan due any tax, assessment, insurance premium o~ othe~ sum oj money paye6[e by vtHus o~ satd note a?~ fhis mortgage, or eit~er, the mortgagee ~ay ~xiy the same. wtthou! walving or a~~ecting~•the optton to ~orec~ose or any other rtg~it hereunder, and a1I suc1~ payneents ~ ahall 6ear interest Jron~ dute thereo~ nt the I~Ighest law- (uI ?ate ihen allowed by ~l~e Inu~s oj tbe State oE Florida 1i any sum of money herein r+e~erred to be not prompt~y puicj mithin -30- duys next u~ter the same becomes due, or i~ each and every fhe agreemenls, stipu~ations, conditions ane~ eouenanb oJ said note nnc~ this mo~tgage, or eilher. are nol ~uj~y p¢r~ormec~, co~np~ietl with ane~ a6tded 6y. t~en t~e entire sum mentioned in said note, and Ihis mortgage, or the entire balartc~e unpaid ther~eon, ilutll ~orthu~itl~ or therea/ter, at the option o/ t6e mortgagee, become nnd 6e due and paya6le, anything in said note or l~erein - to Ihe contrary notu~it~stanc~ing. Fai~ure by ttie mo~lgagee to exercise any of the righta or options ~ieretn provided sl~a~~ not constifute n u~aiver of any rigl~ts or options under said nole or this mortgnge nccTUed or t{~ereajter accruing. ~n ~itness ~hereof~ the said morlgagor has 6ereunto signed and sealed tkese presenes tl~e day an~ year (irst a6ove written. Signec~, se d and ~ii~ 1 in ll~e presence o~: ~ ~ ~ _ . . . ~ ; D' d Serns , Trustee ~d individuttll ~ r , ----G~ - ~,?2.-- - ~=~~Z~..---------~------- ~ ? . ~ STATE OF FLORIDA. ~ ~ COUNTY OF I HEREBY CERTIFY that on tl~is day, beforr me, aa ~ ofiicer duly authorized in the State aEoresaid and in the County aforenid to taE~ acknowkdgments, personallp :ppeared ~ DAVID SERNS, as Trustee and individually ~ to mc known to be the person d~scribed in and who executed the (orcgoing instrument and he ackoowledged beforc me that he eaccuted the same. ~KI~~NESS my hand anci officiat seal in the County and State last aforesaid this day of ~ . A. D. 19 73 , ~ ~ % . . , , . " FIL[D.l~C ~r..?Ki~t~ ~G / / ~ t~ ~ . Yr~ ~ ST.LL'~~~ C)~~T'r . ~ „ , _ Fl l~. . • • % . r;~~y / l~ ` - ' r' ' - - .r , r~ . n Y. ~ -•--~rf ~ ~ ~ '~Noias~y Seal) - -r 1, , ~ ; , . Notary Public ~ ~ ~ ; _ . . ~ . ~ , My Commission Expires: t/~ ; , - J~ . ~c• : , ~uti s l O1 P~t ' 7:~ . _ , . , ~ ~ 2S7(~~ ~ > ~ 2 . ; . . ~~Q,, JI" i { lhis Instrument Ptepared By: ~ {i08ERT F. t~1cROBERTS, 1R. McROBERTS & FENNIMAN, ~ Charterea Tliu hrArunrc~r~ prcpurrc! hy: anwnnrs uw ' A~~ f~~ 101 E. Oct~~ Blyd. - P. 0. Dnwet 6 ~ Stuart, Flarid~ 33494 $ t~~l~~ ~~i ~~.?~.~F~ z . ! - - t4 "'-y's_ F .~i ~:~r . ~ : , ' _ ' " ~ry''i . ~x fi ~ . _ , . ~ "x'r. ~ ~~'~.e~".. ~i