HomeMy WebLinkAbout0388 ' and shall perjorm, romply wilh and ab~de by ~~nch and ei~ery the agreeme~its, ettpulation's, rnndifions ond
co~~enants Il~ereof, and o/ fhis mo~tc~as~e. Il~en this murlflngQ nnd ths estate I~ere6y cnated, t1?aU ceost. d~-
termin• and be null and i~oid.
~tnd t1~e mortgaflor hen~by ~urtl~er cove~anta and agwes to pny promptly when due tl~~ prinrtpal nnd
t~terea! and other s~ams of money provi~ec~ jor in said ~ole and thts mortgags, or eithsr to 'pny e~~ nnd
st~gu~ar t~e la.rps, assessmenta, ~evies. Iia6iliiies, oti~~gotions. and encumb?ances o~ every natun o+t aatd pro-
pe?fy; to. pP~mit. ~ommil o~ suf~er no u~aste, impairment o~ detertoration o~ said Iand o~ tke improv~n~enla
tl~erecn al any lime; ~O ~PPp II~e buildin~s now or I~prea~te~ on ~atd ta~~d /ully inaured in a sun~ oj not Iess
t~an
in a company or companies AMP~IQ6IP to the mo~tga~ee, the poltcy or po~icies to 6e I~eld by, antl payab~
!o, saic~ mortgagee, ancr in lhe• ei~en! any sum oj money 6ecomes paya6le 6y virtue oj suc~ tnsuranc~ t~e
morlgagPp shal~ I~uve the ri~ht to re~ce~ve and apply tke same to !he inde6tedness here6y secured. accounting
to Ihe morfflanor ~or any su?plus: lo pay a~~ cosls, chargea, ane~ expenses, inc~ut~ing ~awyer s~ees ant~ fit~e
searches, reasonab~y incur?ec~ or paid by !he mortgaAee PeCQUSP O( !{~e (ni~ure oj f~e morfgagor to promptlr
and j«1ly comp~y u~it1~ fhe ngreempnts, sfipu~alions, conditions and co~~nants oJ said Rote and Ii~is n~o?tgnge.
or eilher; fo perJo~m, comply wilk nnd a6ide 6y each and every tl~e ngreements. stipulations, c~onditions nnd
coi~ena~ts set jorth in said note and tl~ia mortgnge or eithe~. ln tf~e event tke mortgagor /ailt 1o pay uil~sn
due any tax, assessment, insuran~e p?emium or otl?er sum o/ money paya6le 6y virlue o( said note and tl~is
mo~lgage, o~ eil~er, the ?nortgagee may pny the same, wif~out wntving or n~~ecttng the option !o jorecbse
o? any other rigl~t hereunde~. and all such payment: shull bear Intere~t jrom date t/~ereoj at the ~Igke:! Iaw-
~ul rate then allowed by the laws o~ the State oj Flo.tda.
~L any sum oj money herein re(erred to 6e not promptiy pnid will~in • 30 dnys next af
ter
the same 6ecomes due, or if enc{~ and e~ery the agreements, stipulations, rnnditions and eo~ennnts o) anid
note and tTiis mortgage, or eitl~er, are not ~ully ~.formed, comp[ied with and abtded 6y. ~hen the entie~e
sum nuntioned in said note, and tl~is morlgage, or l~ie enline 6nlance unpaid t6ereon, s1~aU ~orthwith or
!he?eajter, nf th~ optioR oj the mortgagee. 6eco~ne and 6e d~ and ~ya6le, nnything in snid note or f~~etn
to the rnnlrary notwilhstanding. Failure 6y tl~e morfgagee to exercise any oj t~e ntg~its or options ~erein
prouidec~ s~a~~ not conslitufe n waiver oj any ~ighfs or options under said note or t/~is mortgage accrued or
fhereajler accruing. ~
~n ~1~~1~ !he said mortqagor ?~as hereunlo signed and sealed lhese presenls the
dny nnd year ~irsl a6one u~ritten.
Signed, senled and dnlinnr~ in t6e presence o): , ~
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rthur G. Quinn, Jr., as T stee
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STATE OF FLORIDA, ~
COU;~TY OF MARTIN
I HEREBY CERTIFY ehat on this day. before me. an
officer duly authoriztd in tht Statc aforesaid and in the County aforeuid to takr acknowledgments~ penonally appeared
ARTHUR G. QUINN, JR., as Trustee
to m.• known to be thc person described in and who e~ecuted the forcqoinq instrument and he acknowkdsed
bcforc me that he executed the same. ~
N'17:~ESS my hand and o((icial seal in the County and Statc last aforesaid this ~ ~Y ~
s{ A. D. 19 74 .
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~ ~~,{N,~ta}'~y~;f.R'W~lic ) Notary Publ ic
't'~ My Commission Expires:
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J t31= Notary Pu61'K, Srors of Fb.~do o~ ta.s.
My Canmiss:on Exp+res Juiy la, 1977
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WCI~ r,pUNTy ~lA
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AECOP. . ~UIT COURt ~
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'l %iu hrslnin~ti~l Fre~ufd by:
A~/dress ~ ~r r.~n,ns+r P~.v~oe br ~a~l
- EVANS Ct2ARY, J R. ` ~MO ~ ~S
HEIMAN AND CRARY, PJ?., ATTORNEYS ~~v
r 201 First Notionot Bank BI~y. -
STUART, fLORIDA 33494 _ _ -r:.-
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