HomeMy WebLinkAbout1769 a~d shall per~orm, comply tvit{~ anc~ abida 6y ~h anc~ et~ery fhe ogreemenls, stipulalions, rnndilions ana
conenants Ihen?o~. and o~ this morlpage. lhen litis mortgage and ths esfate hereby created, shall cewe, ds-
- fermine an~ be null an~I votc~. ~ ~
~!he morfgoflot tienrby ~wlher covenanfs atd ag?eet to pay promplly when due the principnl and
interesl a?~d of~ier sums A~ money prouic~ed ~or in satd ~ofe and Itita mo?igage, o~ ellhar; to pay a~~ nr~
singu~a? f~e fa.res, assessments. ~evies. ~iabi~iites, ob~tQations, and encum6wncea oj every nafure o~ :ntd pro-
perfy; fo permil, commi! or su~fer no wasfe. Impairmenf or dale~iorafio~ oj sa~d bnd or fhe improvemenb
fherecn af any lime; fo Ireep Ihe tiuJltlin~s now or I~ere~afler on said ~an~ (u~~y i~siued in a sum o( not ~est
I~an
in a company or rnmpanies accppta6le to the mortgagee. Ihe policy o~ poltcies !0 6e held 6y, and paya6le
to, satc~ mortgagee. an~ in 1{~e event any sum of money becomes pa~6le 6y virtue bj auc1~ tnswance the
mortgagee shall h'ave Ihe ~ight lo receive and apply the same to Ihe indebtednesa here6y secured. accounting
" lo f~e mo~tgagor (or any surp~us: to pay a~~ costs, ctia?ges, and expenses, inc~uding jawyer s f
ees and lil~e
searchPS. reasonal>ly incurrnel o~ ~~d 6y ihe mortgogee 6ecause oj tke jnilure oj tl~e mortgagor to promptly
and lully comply wiih Ihe agreeme~~ts, atipulalions, condittons and covennnts o( said note and thts mortgnge.
o~ eilher: to perjorm, comply with and a6ide 6y eacl~ and every the agreements, slipulattoru. rnnditions and
covenanls set (orth in said note and this mortgnge or eitl~er. In the event the mortgagor (atla to pay when
due any iax, assessmenf. insumnce premium o~ of~er sum o~ money pnyable 6y uirlue o~ said note and fhts
morlgage. or eilF~er. the mortgagee may pay t~e same, without wniving or aJfecfing t~e option lo jorec~ose
or any other rigl~! hereunc~er, and all such payments shall 6enr intprest (rom date thereof at !he highest law-
jul rale Ilien nllowecl by Ihe loms of the State of Florida.
~i any sum oJ money herein re(e?re~ fo be not prompt~y paicl withtn ten daya next a~ter
Ihe same becomes due, or iJ eacl~ a~d every the ugreements, st+pulalions, conditions and covenants oj said
note and this mortgage, or eilher, are not /ully perJormed, complied with and a6ided 6y, t1~en Ihe enlire
sum mentioned in said nole, ancl this mortgage, or tl~e entire balance unpuid thereon, skal~ )ortl~wilh or
t1~e~eaf ter, at the option oJ the mortgagee, become and be due and pnyable, nnytl~ing in said note or herein
to f~e conlrary notu~ithslancling. Fnilure 6y ~he mortgagee to exer+cise any of the rig~?!s o~ opttons tierein
proi~ided s{~a~~ not conslifute a wainer o~ any righfs or options under sni~ note or fhis mortgnge occn~ecj or ~
t{~erea(ler nrcruing.
~n ~itness ~hereof~ the saic~ mortgagor has he.p~~R~o S~~npd and sealetl these presenls the
~uy uncl year Jirst ahone u~riflen.
igne , sea~ed an~ dpli red in ll~e presence o~: .
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STATE OF FLORIDA~ ~
COU'\TY nF Palm Beach I HEREBY CERTIFY that on this day. beforc me. aa
otficer duly authorized in thr Stat~ aforesaid and in the County aforesaid to tak~ acknowkdRments, penonally appearcd
Francis Moates and Karen Moates, his wife
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to me known to br the person described in and who ~aecutcd the for~qoinq instrument and ?~V,w~K~
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be(ore me that W~10 ~xccuted the sama ~•~'y~~. -
~~'I"1'NF.SS my hand and of(icial seal in thc Cou~ty tau• ?ast a(oresaid this z~Y~' ~•.~?y.~
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March A. D. 19 74. - r- ' ~ _ - . ~ _
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"1'l~u ha~nimn~/ pn
pnre hy: J o hn F. DOrdTt I ~C . ~ R~5 P~iE i~ Vs
John F. Doran President 6001c.
A~fJmc~ 784 U. S.~ 1
North Palm Beach, Fla. 33408
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