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HomeMy WebLinkAbout1480 nnd sholl per~orm, eomply wtth and a6ide by oach a~d ei~sry the agreement:, sf~pulafioni. conditio~a and rnvenanta ~he?eo/, and o( Ihts n?ortgape, then ihit mortgage ~d ~hs s:tate hereby rnwt~d, iball ceaso. do- te~mine and 6s nu~~ nn~ twtc~. ~ 11~e mortgagor hen~6r Jurthe? covenanls and ag?ees to pay psomptlr wlten cIw ih~ principal ar~ tnleresl and ofhsr sums oj money provided (or in sald note and Il~is mortgaga, or eilher; to pay nl! and singu~ar ftie taxes, assessments. ~+utea. Ila6ilities, ob~igation~, and encumbrances o` every nature on sai~ pro• perfy; to pennit. commit or sufrer ~io waste. tmpaFrment or detertomtion o~ said ~anc~ or Itie impronemenb t~er8on af any time: to kepp the buildings now o~ he?ra(fer on ~oid land ~u~~y insurec~ in a au~n oj no! ~esa , ~ha~ fulZ insurable value in a co?npnny or companies accepfa6le to the mortgagee, tl~e poltcy o~ policies to 6e held 6y, and pnyabb to, said morfQagee. anc~ in the eaent any sum of money becomes rxiyn6l~ 6y uirtue o( such insurance t~~ mortgagpe sha~~ 1~ave ihe ~ig~f to receive and apply tl~e aame to tke inde6tedneu I~ere6y aecw+ed, accounttn~ fo t~e mortgu~or Jo~ nny surplus: fo pay uII costt. c~arpes. and expensea. inc~udtng ~awy~ s lees nnd til~e searrhes, reasona6ly incurred or paid by the morlgagee because o) the /nilure o~ tke mortgagor to prornptly and ~ully comply u~ilh the ag~eemerils, stipujafions, conc~ifions and covenants oJ snid note and f6is mortgage. or eilher: to pe?jorm, comply with and a6ide by each and every ihe ag?eemenfa, stipu~afioru, rnndilions ant~ covenants set f orth in said nole and this mortgage o~ eilhe~. /n the event the tnortgagw jai~s to pay wl~en due any tax, assessment, inaurance p~mium o~ oftie~ sum oj money pa~?a6le 6y vtrfue of satd note and ltiis mortgage, or eit{~er, ftie mortgagee may pay fhe same, wittiout woiving or a~(ecting fhe option to ~orec~oat or any otF~er right ~ereunder, and aII such pnyments s1~all benr interest ~rom dale thereoj at tbe higF~est Inw- ~uI rale Ihen allou~ecl by tf~e laws o/ the State o~ Florida. ~l any sum of money {~e~ein re(erred to be not prompl~y paic~ within }~j,r~ days next ajter ike same becomes due, or if eac~ and every !he ag?eements, stipu~alions, conclittoru ane~ rnuenants o( aaic~ note and tF~is mortgage, or either, are not f uiiy ~?f orn~ed. ~v~npli~r[ ruith and a6:ded 5y, lken !~e enltro • sum me~tioned in said note, and this mortgnge, or th e entirie 6alanee unpaid thereon, sl~nU jort6with or the~eaJter, at f~e option of the morfgagee. become and 6e due nnd paya6le, anything in sntcj note o~ herein to fhe rnnt?~ary notwilhstanding. Failure 6y tl~e mortgagee fo exercise nny of fhe nlghts or options herein proi~ided stia~~ not consfilute n u~aiver o~ any rig~ts or options under saicr note or t~is mortgage accrued or t~erea(ter accruing. ~n ~~~Q~ ~~~1~ ihe snid mortgagor has hereunto signetl and sen~ecl tl?ese presents the c,ay anc~ year Jirsl ahone u~rillen. Signed, a and deli i the presence ~ ~ ~ ~ . - . L~t-x.,~~x-~-.--- ~ ]~~-S~E~~41~2x~~------------~ . ` - ' ~ ~ ~ ~ , , i ~ ~ i , STATE OF FLORIDA, ~ CoL'NTY OF MARTIN I HEREBY CERTIFY that on this day. before me. an oificer duly authorized in the State aforesaid and in the County afonsaid to takr acknowkdgments, penonally appeared F~?R'D 5~3190N and j•TT T TAN $y~$~(',~1T, his wife, ~o me krawn to br the person g dcscribed in and who executed the [or~going instrument and t~'1Ey acknowkdgNl~~~., before me that executed the same. WITtiESS my hand ancl of6cial seal in the County and State last aforesaid this 1~~'1 ,.~:~~'"~~s~liyr~ G,~ ~ z. •~j~ ~ ~y ` ' A. D. 19 74. ~ . ' . . . , . • ` ~ _ • ~ • . . ~ . /~j~~I.~.:...~~(Ls.c....• /j~.y~~c~~ SJ - ~ ~dY~ p1~~1.C ;~6! : O.~ ~a : ~ . • : . - ~ My CQCIR1SS10l1 @XD1I~S S ¢ ~ i/. ~/rA~ ~r f~•• % j i . ~~f PUBLIC. St~~ Dt F[~R~D~? ~ 1.!?RCE ; ptP1NES DEC• 17. 1976 f E ~ ~MIS$IO:V _...~ntc Uns~•M.t~•'s- 0 { •~~e~e Tn~u _ F11.E~ AN~ RllNT~ flA i St' pOGEP'~1t ~OURt 1 ~~aCU~` ~ E This Instrument Prepared By: GIEn ~Ea~f1E0 JOHN H. FENMIMAN AE~~R` ~1a ~l[cROBERTS $ FENNIMAN, `5 1~ 4~ ~ chartercd ~ I7ris htrlnn~r~nt preprtrr~! by: N~o~~~s uw ~Ol 4 Otean eJva. - P, 0. Unw~r 6 f~[~[~iCSS $t~aN, ibn4a 33491 BOOK 1 PACE ~ 4^r~ ~ ~ . - ~ ' r ~ ~ ~ : = _ , 3